Emerald Tyre Manufacturers Ltd. · NSE:ETML
Emerald Tyre Manufacturers — H1 FY26 Earnings Presentation
43 slides from Emerald Tyre Manufacturers's earnings presentation, Dec 1, 2025
Slide 1: NSE announcement under Regulation 30 covering letter
01st December 2025 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra - Kurla Complex, Bandra (East), Mumbai - 400051. Company Symbol – ETML (NSE Emerge) ISIN: INE0RHD01013 Series – EQ Dear Sir / Madam, Sub: Announcement under Regulation 30 of SEBI (Lis
Slide 2: H1 FY26 Investor Presentation
EMERALD TYRE MANUFACTURERS LIMITED H1 FY26 Investor Presentation OFF HIGHWAY TYRE-WHEEL SOLUTIONS
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Emerald Tyre Manufacturers Limited, solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form
Slide 4: H1 FY26 Performance
H1 FY26 PERFORMANCE
Slide 5: H1 FY26 Profit & Loss Statement
H1 FY26 Profit & Loss Statement In ₹ Lakhs Standalone Consolidated Particulars H1 FY26 H1 FY25 H1 FY26 H1 FY25 Revenues 9,765.63 8,936.86 10,521.65 9,853.46 Other Income 370.54 227.50 370.65 234.88 Total Income 10,136.17 9,164.36 10,892.31 10,088.34 Cost of Materials Consumed 5,796.41 5,404.20 5,731
Slide 6: Company Overview
COMPANY OVERVIEW
Slide 7: Emerald Tyre: Durable, Reliable, and Eco-Friendly Off-Highway Industrial Tyres
Emerald Tyre: Durable, Reliable, and Eco-Friendly Off-Highway Industrial Tyres Emerald Tyre Manufacturers Limited (Emerald Tyre, the Company), incorporated in 2002, is one of the leading manufacturers and exporters of Off-Highway and Industrial Tyres, headquartered in Chennai, Tamil Nadu. Company is
Slide 8: Key Facts
Key Facts 20+Years 280+ 10.05 Acres of Shaping the Off- Team Size of Manufacturing Facility Highway Tyre Industry 10,560 MT 6 Continents FY25 Installed Production Supplying RONW: 9.54% Capacity Across ROCE: 12.31% FY25 (In ₹ Lakhs) Total Income: 20,261.47 EBITDA: 3,011.41 PAT: 1,043.34 Investor Pres
Slide 9: Shaping the Future: Defining Vision, Mission & Goals
Shaping the Future: Defining Vision, Mission & Goals Vision Our vision is to become a trusted off highway tyre wheel solution provider with a growing global presence and dominant Indian presence, ensuring reliability for all our customers. Through our commitment to excellence and expansion, we aim t
Slide 10: Journey: From Inception to Global Expansion
Journey: From Inception to Global Expansion Entered Off-Highway Expanding Solid Tyre, Scaling up of US Major expansion of Quest to become top tyre segment with Pneumatic divisions, Operations- Seen as Industrial Pneumatics. Global player continues planned capex for high- and new Rubber Emerging Glob
Slide 11: Commitment to Sustainability: The Green Tyre Revolution
Commitment to Sustainability: The Green Tyre Revolution Emerald is dedicated to driving the ‘Green Tyre Revolution’ – a mission to deliver eco-friendly and sustainable tyre solutions through: Integrated tyre testing facilities simulating real-world conditions Advanced R&D division for compound testi
Slide 12: Certified for Quality & Sustainability
Certified for Quality & Sustainability Investor Presentation 11
Slide 13: Celebrating Excellence: Awards & Recognition
Celebrating Excellence: Awards & Recognition CAPEXIL – Certificate CAPEXIL – Certificate AIRIA – Special AIRIA – Special FIEO – Export of Export Recognition of Export Recognition Exporter Award Exporter Award Excellence Awards (2021-22) (2020-21) (2017-18) (2017-18) Silver (2015-16) CAPEXIL – Certif
Slide 14: Celebrating Excellence: Awards & Recognition
Celebrating Excellence: Awards & Recognition AIRIA – Top Exporter Award CAPEXIL – AIRIA – Special Exporter (Runner up Award) Special Export Award Award (Runnerup Award) 2011-12 (2011-12) 2013-14 CAPEXIL – Certificate of AIRIA – Top Exporter Award CAPEXIL – Certificate of Export Recognition (Runnerup
Slide 15: Global Presence: Serving Clients Worldwide
Global Presence: Serving Clients Worldwide Emerald has strengthened its international footprint by establishing wholly-owned subsidiaries in Belgium and the UAE, supported by warehouses and sales offices. These strategic hubs enable: • Improved service efficiency and closer OEM engagement • Personal
Slide 16: R&D Excellence: Powering Performance & Reliability
R&D Excellence: Powering Performance & Reliability Emerald’s Research and Development division drives innovation in the industrial tyre segment through advanced labs, integrated testing facilities, and in-house mould and design capabilities, ensuring continuous improvement, quality assurance, and gl
Slide 17: State-of-the-art Manufacturing Facility
State-of-the-art Manufacturing Facility 10.05 acre of manufacturing facility in Tiruvallur District, Tamil Nadu, with an installed production capacity of 10,560 MT. Investor Presentation 16
Slide 18: Production Capacity & Utilization
Production Capacity & Utilization FY25 FY24 FY23 Products Installed Capacity Installed Capacity Installed Capacity Production Production Production Capacity Utilization Capacity Utilization Capacity Utilization (In MT) (In MT) (In MT) (In MT) (%) (In MT) (%) (In MT) (%) Solid Resilient 5,920.00 4,87
Slide 19: Guiding Wheels of Innovation: Leadership Team
Guiding Wheels of Innovation: Leadership Team Mr. Chandhrasekharan Mr. Varadarajan Krishnaram Mr. Shankar Ganesh Mr. Narayanarao H Thirupathi Venkatachalam Chief Executive Officer Subramanian Company Secretary & Compliance Chairman & Managing Director Chief Financial Officer Officer Mr. Eswara Krish
Slide 20: Business Overview
BUSINESS OVERVIEW
Slide 21: Product Portfolio
Product Portfolio Solid Resilient Tyres Industrial Pneumatic Tyres & Butyl Tubes Press-On Band Wheel Rim Investor Presentation 20
Slide 22: Solid Resilient Tyres
Solid Resilient Tyres Greckster Empower Empower XT Greckster Gold Greckster Solid Plus Ecostar AXIMO MEO Investor Presentation 21
Slide 23: Press On Band
Press On Band Greckster Greckster Investor Presentation 22
Slide 24: Industrial Pneumatic Tyres & Butyl Tubes
Industrial Pneumatic Tyres & Butyl Tubes Greckster Butyl Tubes & Flaps Investor Presentation 23
Slide 25: Wheel Rim
Wheel Rim Load Roll Trolley Wheel Drive Wheel Split / Divided Two-piece Rim Press-on Hub Direct Bonding Wheel Investor Presentation 24
Slide 26: Comprehensive Tyre-Wheel Solutions
Comprehensive Tyre-Wheel Solutions Specialty Tyres • Tailor-Made Compounds for Diverse Applications: Emerald develops specialty tyres with customized compounds to meet varied operating conditions in the Material Handling Industry. • Comprehensive Product Range: Includes non-marking, heat-resistant,
Slide 27: Off-Highway Tyres for Diverse Applications
Off-Highway Tyres for Diverse Applications Forklift Skid steer Ground Support Equipment Port Trailer Winter Lawn & Garden Agri Implement Tractor Trailer Investor Presentation 26
Slide 28: Industry Overview
INDUSTRY OVERVIEW
Slide 29: Global Off-the-Road (OTR) Tyre Market
Global Off-the-Road (OTR) Tyre Market ($ In Billion) Global Off The Road Tyre Market Forecasted Market Size in Market Size in CAGR 2024 2032 (2024 - 2032) USD 17.48 Billion USD 25.23 Billion 25.23 4.7% Key Growth Drivers • Rising demand from construction, mining, agriculture & ports 17.48 • Infrastr
Slide 30: India Off-the-Road (OTR) Tyre Market
India Off-the-Road (OTR) Tyre Market ( In Million Units) Market Size by Forecasted India Off-the-Road (OTR) Tyre Market Market Size in 2033 CAGR 2024 (2024 - 2033) 20.9 Million 12.0 Million Units 20.90 Units 6.05% Key Growth Drivers • Surge in construction & infrastructure development (highways, bri
Slide 31: Financial Overview
FINANCIAL OVERVIEW
Slide 32: Key Financial Highlights (Consolidated)
Key Financial Highlights (Consolidated) Total Income EBITDA EBITDA MARGIN PAT PAT MARGIN 25,000.00 3,500.00 20 1,4 00.00 8 2,983.00 3,011.41 1,168.67 20,261.47 19 7.5 3,000.00 1,200 .0 0 20,000.00 1,043.34 18 7 16,798.10 17,196.84 2,389.05 17.35 6.80 2,5 00.00 1,0 00.00 892.85 17 6.5 15,000.00 2,0 0
Slide 33: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Consolidated) In ₹ Lakhs Particulars FY25 FY24 FY23 Revenue from Operations 19,946.80 17,098.74 16,393.95 Other Income 314.67 98.10 404.15 Total Income 20,261.47 17,196.84 16,798.10 Cost of Materials Consumed 11,504.70 9,361.32 9,850.72 Employee Benefits Expense 2,153.23 1,8
Slide 34: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) In ₹ Lakhs Equities & Liabilities FY25 FY24 FY23 Assets FY25 FY24 FY23 Equity Share Capital 1,947.65 1,449.05 656.05 Non Current Assets Reserves & Surplus 8,983.84 3,965.91 3,042.79 Fixed Assets 8,613.79 6,083.22 5,180.39 Net Worth 10,931.49 5,414.96 3,698.84 Non Current
Slide 35: Cashflow Statement (Consolidated)
Cashflow Statement (Consolidated) In ₹ Lakhs Particulars FY25 FY24 FY23 Cashflow from Operations 815.57 1,307.22 1,459.84 Cashflow from Investments (3,173.22) (1,162.86) (1,480.95) Cashflow from Financing 3,530.13 36.59 75.55 Net Cash Flow 1,172.48 180.96 54.45 Investor Presentation 36
Slide 36: Key Ratios (Consolidated)
Key Ratios (Consolidated) (In %) (In %) (In Time) ROE ROCE Debt To Equity Ratio 2.5 2.29 20 30 18 17.19 2 16.18 25 24.14 16 21.58 1.61 14 12.26 1.5 20 12 10 15 1 8 0.81 9.54 10 6 0.5 4 5 2 0 0 0 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 Investor Presentation 37
Slide 37: Key Ratios (Consolidated)
Key Ratios (Consolidated) (In Time) (In ₹) (In ₹) Current Ratio Earnings Per Share Net Asset Value Per Share 60 56.13 1.3 1.28 55 9.00 52.51 8.07 1.25 8.00 50 6.52 7.0 0 5.45 1.2 6.00 1.18 45 5.00 1.15 1.15 4.00 40 3.00 37.37 1.1 2.00 35 1.0 0 1.0 5 0.00 30 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY
Slide 38: The Path Ahead
THE PATH AHEAD
Slide 39: Competitive Strengths
Competitive Strengths Experienced Leadership & Skilled Workforce: Led by Promoter & MD Mr. Chandhrasekharan Thirupathi Venkatachalam, the management team brings over two decades of expertise, supported by a trained workforce of permanent and contractual employees. Integrated Manufacturing Facility:
Slide 40: SWOT Analysis
SWOT Analysis Strength Weakness • Strong Leadership • Capacity Constraints • Skilled Force, Customer • Technology • Research & Development • Quality Opportunity Threat • Foreign Trade, Expansion • Volatility of raw materials pricing • Privatization of Ports and airports • Competition from China and
Slide 41: Investment Rationale
Investment Rationale Experienced Leadership & Skilled Workforce: OEM & Aftermarket Relationships: Led by a highly experienced promoter with 20+ Recognized as a preferred OEM supplier with strong years in tyre manufacturing, supported by a strong aftermarket network across India, reducing management
Slide 42: Stock Data
Stock Data NSE CODE: ETML | ISIN: INE0RHD01013 Share Holding Pattern As on 10-11-2025 As on Sept-2025 (In %) Share Price (₹) 123.00 Market Capitalization (₹ Cr) 239.56 No. of Shares 1,94,76,512 49.69 50.31 Face Value (₹) 10 52 Week High-Low (₹) 198.95 - 96.10 Promoter & Promoter Group Public Investo
Slide 43: Thank You
Thank You Emerald Tyre Manufacturers Limited Address: Emerald House, Plot No.2, Second Street, Porur Gardens, Phase-I, Vanagaram, Tiruvallur, Poonamallee, Tamil Nadu, India, 600095. Phone: +91 90430 63194 Email: cosec@emeraldtyres.com Website: www.emeraldtyres.com AKMIL Strategic Advisors Private Li
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