Tinna Rubber & Infrastructure Limited · NSE:TINNARUBR
Tinna Rubber & Infrastructure — Q1 FY27 Earnings Presentation
44 slides from Tinna Rubber & Infrastructure's earnings presentation, Jul 21, 2026
Slide 1: Exchange filing cover letter for investor and earnings presentation
Date: July 21, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C-1, Block G, Dalal Street, Mumbai-400001 Bandra Kurla Complex, Bandra (E), Mumbai-400051 BSE Scrip: 530475 NSE Symbol: TI
Slide 2: Tinna Rubber and Infrastructure Limited Investor & Earnings Presentation Q1-FY27
Tinna Rubber and Infrastructure Limited Investor & Earnings Presentation Q1-FY27 Rubber Polymer Gym Crumb Rubber Conveyor Rubber Masterbatches Recovered Moulded Tyres Pyrolysis Tiles Infill Belt Mat Composite Goods Carbon Black Oil
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Tinna Rubber and Infrastructure Limited (the “Company”) solely for the information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securi
Slide 4: Table of Contents
Table of Contents Performance Highlights – Q1 FY27 Company Overview Key Investment Highlights Annexures
Slide 5: Performance Highlights Q1 FY27
Performance Highlights Q1 FY27
Slide 6: Q1 FY27 - Financial Highlights
Q1 FY27 - Financial Highlights Revenue from Operations EBITDA & EBITDA Margin (%) PAT & PAT Margin (%) 50 22.0% 25.0% 50 20.0% 18.3% 40 15.6% 20.0% 40 13.3% 15.0% Standalone 30 15.0% 30 11.0% 8.6% 10.0% 155 151 20 10.0% 20 127 28 33 10 5.0% 5.0% 20 10 17 20 11 0 0.0% 0 0.0% Q1FY26 Q4FY26 Q1FY27 Q1FY
Slide 7: Management Analysis on Q1 FY27 Results
Management Analysis on Q1 FY27 Results Achieved record quarterly profitability, with EBITDA exceeding Rs. 30 Cr, PAT surpassing Rs. 01 20 Cr, EBITDA margins above 21%, and PAT margins above 13% on both a standalone and consolidated basis. At the standalone level, Q1FY27 revenues increased by 18% and
Slide 8: TP Buildtech Q1 FY27 Financial Performance
TP Buildtech Q1 FY27 Financial Performance Financial Performance (INR Cr) Operational & Strategic Highlights Annual Performance - Trend Analysis 100 20% In advanced stages of acquiring land in Western India for a new manufacturing facility to expand 01 17% 80 construction chemicals capacity and new
Slide 9: Q1 FY27 Key Segment Performance - Infrastructure & Industrial
Q1 FY27 Key Segment Performance - Infrastructure & Industrial Infrastructure Segment (INR Cr) Industrial Segment (INR Cr)* Q1FY27 62 Q1FY27 46 Q1FY26 58 Q1FY26 29 The Infrastructure segment recorded 33% volume growth and 7% revenue Achieved remarkable YoY volume growth of 27% and revenue growth of 5
Slide 10: Q1 FY27 Key Segment Performance - Consumer & Steel
Q1 FY27 Key Segment Performance - Consumer & Steel Consumer Segment (INR Cr) Steel Segment (INR Cr) Q1FY27 6 Q1FY27 26 Q1FY26 7 Q1FY26 26 Consumer segment volumes declined by 20% during the quarter due to three key Revenue remained stable on a YoY basis despite a slight decline in volumes, factors:
Slide 11: Key Operational Performance
Key Operational Performance Quarterly Performance Annual Capacity Volume of Tyres Processed (MT) Tyre Crushing Capacity (‘000 MT) 60,000 235 49,382 50,000 44,238 185 170 40,000 32,786 30,000 90 20,000 80 72 10,000 15 15 15 10 3,465 2,523 2,912 - Q1FY26 Q4FY26 Q1FY27 FY22 FY23 FY24 FY25 FY26 FY27E In
Slide 12: Key Q1 FY27 Operational Highlights
Key Q1 FY27 Operational Highlights India's tyre crushing volumes grew by a robust 35% YoY to 44,238 TPA in Q1 FY27. Sequential volumes 01 moderated by 10% due to lower crumb requirements following softer consumer segment demand. Crumb rubber production remained stable, with a higher proportion utili
Slide 13: Key Q1 FY27 Strategic Highlights & ESG Initiatives
Key Q1 FY27 Strategic Highlights & ESG Initiatives Established a wholly owned subsidiary, Tinna Rubber Chile SpA, in Santiago, Republic of Chile, to strengthen the Company's global ELT sourcing 01 network and expand its international recycling footprint. 02 Completed Rs. 27 Cr. of capex in Q1 FY27 a
Slide 14: Priority R&D Initiatives
Priority R&D Initiatives 01 Rs. 5 Cr. was allocated to R&D for FY27. An R&D team has been constituted to aggressively work on 02 technology for high-performance, new-generation recycled rubber materials and engineered plastics. The company is aggressively pursuing for the value-addition 03 to the re
Slide 15: Update on International Projects (1/3)
Update on International Projects (1/3) CEO Waste Bureau of South Africa and his Team visited Tinna’s Facility South Africa 01 Phase 1 capex is completed, with breakeven expected by end of Q2FY27 onwards, and operations have begun, and subsequently, export of the semi-processed material has started.
Slide 16: Update on International Projects (2/3)
Update on International Projects (2/3) Indian High Commissioner visited our plant in Oman Oman 01 Plant is running successfully at 78% capacity utilization. Tinna hosted a delegation from the Environment Authority of Oman 02 Q1FY27 Revenue contributed by Oman is approx INR 9 Cr. Higher inventory at
Slide 17: Update on International Projects (3/3)
Update on International Projects (3/3) Saudi Arabia emaps om 01 • Tinna has outlined plans to set up a tyre recycling plant in Saudi Arabia, and accordingly, the company has been formed with the name Tinna Rubber Arabia Ltd. 02 • Initial plan is to set up a capacity of 24,000 MT per annum of tyre re
Slide 18: Polymer Composite & Masterbatch (PCMB) Business – Project Update
Polymer Composite & Masterbatch (PCMB) Business – Project Update Sales Volume Growth & Utilization Improvement Sales Volume (in Metric Ton) Sales Milestone Achieved – Revenue grew 01 threefold, rising from Rs. 4 Cr. in Q1 FY26 to Rs. 12 Cr. in Q1 FY27. 1,085 1076 Revenue Outlook - The division contr
Slide 19: Tyre Pyrolysis Oil & Recovered Carbon Black - Project Update
Tyre Pyrolysis Oil (TPO) & Recovered Carbon Black (rCB) - Project Update Inaugural Dispatch from rCB & TPO Facility at Varale The Tyre Pyrolysis Oil (TPO) facility at Varale commenced trial runs in Q1 FY27 and is expected to commence commercial 01 sales in Q2 FY27, with operations stabilizing by Q3
Slide 20: Vision 2029: Powering the Next Phase of Growth
Vision 2029 : Powering the Next Phase of Growth Locations - 10 OUR PRIORITIES Revenue - INR 1,000 Cr Shareholder Value Creation | Strong Corporate Governance | Judicious Use of Capital Revenue (3 Yrs CAGR) - 25%+ Profitability Growth (3 Yrs CAGR) - 33%+ Vision EBITDA Margin – 18%+ 2029 ROCE - 30%+ L
Slide 21: Company Overview
Company Overview
Slide 22: Among the Largest ELT Recyclers Globally
Among the Largest ELT Recyclers Globally Expanding tire crushing capacity, diverse ELT sourcing, …have helped Tinna achieve a strong financial performance* & global operations… Source of ELT tyres Manufacturing presence 17.13% 9.68% Europe EBITDA Margin (%) PAT Margin (%) Planned expansion Middle Ea
Slide 23: Waste to Wealth - 400% Value Addition to Waste
Waste to Wealth - 400% Value Addition to Waste Automobile Rubber Parts 80, 120, 140, 170 MESH (MRP) Conveyor Belts Reclaim Rubber RUBBER Di v Roads er 30/40 MESH se set of applicat Sports Turfs CRUMB RUBBER CRMB End of Life Tyres MODIFIER (CRM) for CRM + Bitumen road top layer application (ELT) io n
Slide 24: Tinna's Business Model is Unique with Strong Moats
Tinna’s Business Model is Unique with Strong Moats Most Diversified Geographical Base With Global & Pan India Presence Most Diversified Customer Base Diversified Product Applications Most Diversified Raw Material Sector Agnostic Applications Base Long-standing 45+ years of Exceptional Product Custom
Slide 25: Strong Focus on Sustainability
Strong Focus on Sustainability Circular Economy Make Use Collect Transform Reuse 8* 1,67,000* 2,50,000* Recycling Tonnes of tyres - Tonnes of CO2 Plants yearly recycling emissions - yearly saving TRIL recovers ~99% material This recycled material is further from ELT, converting them into supplied to
Slide 26: Our Journey so Far
Our Journey so Far 1977 1980 1982 1987 1990 Group founded under the Tie-up with Japan synthetic Introducing light weight TRIL was incorporated Commenced export of Thermo visionary leadership of Rubber for footwear rubber slippers under the and commissioned leather Plastic Rubber compounds Mr. Bhupin
Slide 27: Key Investment Highlights
Key Investment Highlights
Slide 28: Well positioned to capitalize on strong tailwinds
Well positioned to capitalize on strong tailwinds Play on a large market with Diverse product portfolio Global operational scale Experienced board Strong performance drives a strong focus on across a breadth helps build a truly supported by a strong industry-leading financial and circular economy of
Slide 29: Tinna's Industry Diversity Boosts Stability and Lowers Risk
Tinna's Industry Diversity Boosts Stability and Lowers Risk 222 205 190 145 Infrastructure Infrastructure segment sales 01 Segment (38%)* (INR Cr) Crumb Rubber, CRM, CRMB Bitumen Emulsion FY23 FY24 FY25 FY26 163 135 Industrial Industrial 81 98 02 Segment (30%)* Hi-Tensile Ultrafine Reclaim segment s
Slide 30: Well-positioned to serve the infrastructure segment
Well-positioned to serve the infrastructure segment with products like CRM, CRMB, and bitumen emulsions… Product Portfolio Demand for Recycled rubber in Infrastructure segment is expected to grow Indian Market Breakup by End-User Industry (In Million metric tons) A blend of waste tire rubber, & hydr
Slide 31: Complemented by its presence in the industrial segment
…complemented by its presence in the industrial segment, offering products for a variety of applications Product Portfolio Indian Recycled Rubber products Market poised for growth by 2030 Indian Recycled Rubber Product Manufacturing Market (In USD Million) 100% strained, devulcanized rubber, free fr
Slide 32: Serving the consumer segment as well
Further diversifying its portfolio, the company serves the consumer segment as well Product Portfolio Indian Recycled Rubber products market poised for significant growth by 2030 It is 100 % REACH, PAH & RoHS Compliant. As a Indian Recycled Rubber Product Manufacturing Market (In USD Million) Ideal
Slide 33: Strategically located facilities
Strategically located facilities… Map of Oman not drawn to scale Map of India not drawn to scale Manufacturing presence Source of ELT tyres Panipat Mathura (Haryana) (Uttar Pradesh) Europe Middle Eastern USA countries Oman Saham Haldia (Al Batnah) Oman (West Bengal) Varale | Wada (Maharashtra) South
Slide 34: Operations led by an experienced board and management team
Operations led by an experienced board and management team Mr. Bhupinder Kumar Sekhri Mr. Gaurav Sekhri Mr. Subodh Kumar Sharma Mr. Abhay Kumar Chairman & Managing Director Joint Managing Director Whole-time Director & COO Chief Financial Officer Mr. Sanjay Jain Mr. Vaibhav Dange Mr. Krishna Prapoor
Slide 35: Business for a Cause
Business for a Cause Tinna dedicated INR 91 lakh in FY26 to CSR programs - driving meaningful change across sports, education, and healthcare sectors. Governance CSR activity framework available through Social Accountability Policy Community Donations provided for hostel redevelopment in local commu
Slide 36: Tinna's strategies are in place to achieve growth going forward
Tinna’s strategies are in place to achieve growth going forward 01 02 03 04 Expanding tire crushing Tinna leverages its global Tinna aims to pursue Tinna’s strategy fo uses on capacity enhances Tinna's Created y metami se ti ana operational scale to de-risk its Created y metami se ti ana organic and
Slide 37: Annexures
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Slide 38: Consolidated Financial Performance Q1 FY27
Consolidated Financial Performance Q1 FY27 Particulars (INR Cr.) Q1FY27 Q4FY26 QoQ Q1FY26 YoY FY26 FY25 YoY Operational Income 156 157 0% 130 20% 546 505 8% Total Expenses 122 128 -5% 109 12% 452 429 5% EBITDA 34 29 18% 21 63% 94 76 23% EBITDA Margin (%) 21.7% 18.2% 16.0% 17.1% 15.1% Other Income 1
Slide 39: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Cr.) FY23 FY24 FY25 FY26 Operational Income 295 363 505 546 Total Expenses 259 300 429 452 EBITDA 37 63 76 94 EBITDA Margin (%) 12.4% 17.2% 15.1% 17.1% Other Income 6 1 5 2 Depreciation & Amortization Expenses 7 6 10 12 Interest 8 7 11 11 Exc
Slide 40: Historical Consolidated Balance Sheet Statement
Historical Consolidated Balance Sheet Statement Assets (INR Cr.) FY23 FY24 FY25 FY26 Equity and Liabilities (INR Cr.) FY23 FY24 FY25 FY26 Non-current assets Equity share capital 9 17 17 18 Property, Plant and Equipment 68 123 179 235 Other equity 87 111 161 282 Capital work-in-progress 0 7 11 42 Tot
Slide 41: Healthy Financial Ratios Highlight Robust Fundamentals
Healthy Financial Ratios Highlight Robust Fundamentals ROCE (%) ROE (%) Working Capital Days 30.84% 31.53% 60 40 42 55 26.09% 27.14% 22.56% 22.71% 18.29% 18.71% 47 46 51 40 44 45 41 30 34 30 34 27 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Receivable Days Inventory Days Payable Days
Slide 42: Through TP Buildtech, Tinna can capitalize on construction chemicals growth
Through TP Buildtech, Tinna can capitalize on the growth in the construction chemicals industry The positive outlook for the construction chemicals market presents growth opportunities for TP Buildtech India Construction Chemicals Market* Growth Drivers (Market Size in USD Bn) Rapid Urbanization and
Slide 43: Capital Market Data
Capital Market Data Number of Public Shareholders 1 year share price performance 90% 43,546 43,002 42,886 80% 70% 60% 50% 40% 21,701 30% 14,797 20% 10% 4,639 6,231 0% -10% -20% 31st March'21 31st March'22 31st March'23 31st March'24 31st March'25 31st March'26 30th June'26 Tinna BSE Shareholding Pat
Slide 44: Contact Us
Contact Us Investor Relations Contact: Go India Advisors Sana Kapoor Sakshi Narvekar Associate Vice President Research Associate +91 81465 50469 +91 87792 63625 sana@goindiaadvisors.com sakshiN@goindiaadvisors.com
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