Tinna Rubber & Infrastructure Limited · NSE:TINNARUBR
Tinna Rubber & Infrastructure — Investor Presentation (April 2025)
39 slides from Tinna Rubber & Infrastructure's investor presentation, Apr 19, 2025
Slide 1: Stock exchange cover letter: Corporate Presentation
Date: April 19, 2025 To, To, To, Listing Department Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Calcutta Stock Exchange Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C-1, 7, Lyons Range, Dalal Street, Mumbai- Block G, Bandra Kur
Slide 2: Tinna Rubber and Infrastructure Limited Investor Presentation April 2025
Tinna Rubber and Infrastructure Limited Investor Presentation April 2025
Slide 3: Disclaimer
Disclaimer This presentation has been prepared for general information purposes in respect of Tinna Rubber and Infrastructure Limited (the “Company”) together with its subsidiaries, joint venture, and associate, as applicable (together, with the Company, the “Group”) only, without regard to any spec
Slide 4: Table of contents
Table of contents Company Overview Key Investment Highlights Financial Performance Annexures Privileged & Confidential, © 2025, All Rights Reserved. 3
Slide 5: Company Overview
Company Overview ® e Caring for Environment
Slide 6: One of the largest recyclers of ELTs in India
Tinna Rubber and Infrastructure | One of the largest recyclers of ELTs in India Expanding tire crushing capacity, diverse ELT sourcing, & global operations… Market • One of the largest recyclers Leadership of ELTs in India Europe Tyre-crushing capacity of Middle Eastern 1,00,000 MT at the end of FY2
Slide 7: Differentiated business model transforming ELT into diverse products
Differentiated business model enables the transformation of ELT into a diverse range of products with applications across multiple end user industries Automobile Rubber Parts 80, 120, 140 RUBBER MESH (MRP) Conveyor Belts Reclaim Rubber Roads 30/40 MESH End of CRUMB RUBBER MODIFIER Sports CRMB Turfs
Slide 8: Long-term vision to become a global player in rubber recycling
Tinna’s long-term vision is to become a global player in rubber recycling, powered by a strategy focused on building a sustainable competitive moat Tinna’s long-term strategies to build a sustainable competitive moat Geographical expansion Product portfolio expansion Customer addition Investing in p
Slide 9: Strong focus on sustainability
Tinna Rubber and Infrastructure Limited | Strong focus on sustainability This recycled TRIL recovers ~99% material is further 1. Make material from ELT, supplied to various converting them into customers and help specialized and high 5. Reuse quality recycles them to reduce consumption of material v
Slide 10: Our journey so far
Tinna Rubber & Infrastructure Limited | Our journey so far 1977 1980 1982 1987 1990 Group founded under the Tie-up with Japan synthetic Introducing light weight TRIL was incorporated and Commenced export of visionary leadership of Rubber for footwear soling rubber slippers under the commissioned lea
Slide 11: Key Investment Highlights
Key Investment Highlights ® e Caring for Environment
Slide 12: Well positioned to capitalize on strong tailwinds
Tinna Rubber & Infrastructure Limited - well positioned to capitalize on strong tailwinds Play on a large Global operational Experienced board Strong performance Diverse product market with a strong scale helps build a supported by a drives industry- portfolio across a focus on circular truly de-ris
Slide 13: Diverse customer base across multiple end-user industries
Tinna serves a diverse customer base across multiple end-user industries, enhancing stability and mitigating business risks A significant gap between the demand and supply of aluminum is anticipated to emerge globally in the coming years… Infrastructure segment sales (INR Lakhs)* 18,780 16,000 Infra
Slide 14: Serving the infrastructure segment with CRM, CRMB and bitumen emulsions
Tinna is well-positioned to serve the infrastructure segment with products like CRM, CRMB, and bitumen emulsions… Demand for Recycled rubber in Infrastructure Key growth drivers for the Product Portfolio segment is expected to grow infrastructure segment Indian Market Breakup by End-User Industry (I
Slide 15: Presence in the industrial segment
…complemented by its presence in the industrial segment, offering products for a variety of applications Indian Recycled Rubber products Market Key growth drivers for the Product Portfolio poised for growth by 2030 industrial segment Indian Recycled Rubber Product Manufacturing Market (In USD Millio
Slide 16: Serving the consumer segment
Further diversifying its portfolio, the company serves the consumer segment as well Indian Recycled Rubber products market Key growth drivers for the Product Portfolio poised for significant growth by 2030 consumer segment Indian Recycled Rubber Product Manufacturing Market (In USD Million) The US E
Slide 17: Strategically located facilities in India, Middle East and Africa
One of the largest recyclers of ELTs in India and has strategically located facilities in Middle East and Africa… Panipat Mathura (Haryana) (Uttar Pradesh) Europe USA Middle Eastern Oman countries Saham (Al Batnah) Haldia Oman (West Bengal) Varle | Wada (Maharashtra) South Africa Chile Australia Gum
Slide 18: R&D-focused operations and steady investments in fixed assets
…with best-in-class R&D-focused operations and steady investments in fixed assets Strong research led Tinna has been steadily increasing capacity over State of the art manufacturing facilities organization the past few years Tyre Crushing Capacity (MT) 100,000 80,000 Tinna is a research-driven 72,00
Slide 19: Proposed entry into pyrolysis
Tinna’s proposed entry into pyrolysis is a strategic move to expand its product portfolio Applications & Synergies for Tinna Applications in infrastructure segment and Pyrolysis Oil industrial segment – giving Tinna ability to increase customer wallet share Carbon black has widespread applications i
Slide 20: Overseas projects planned globally
Tinna plans to capitalize on overseas demand with projects planned globally as well as… 3 ● Tinna has outlined plans to set up a tyre recycling plant in Saudi Arabia and accordingly company has been formed with the name Tinna Rubber Arabia Ltd ● Initial plan is to set up a capacity of 24,000 MT per
Slide 21: Planned expansion at Varle plant
…domestically through planned expansion at its Varle plant • Tinna has made a capex of INR 44 crores to establish a state-of-the-art Tyre recycling plant in Varle, Maharashtra , having capacity to recycle 60,000 MT of car tyres • The plant commenced production in February 2024 • Tina has further add
Slide 22: Polymer Compounding Solutions - Progress and milestones
Polymer Compounding Solutions - Progress and milestones • During Q1 and Q2 of FY 25, Tinna has done extensive R&D on product development and have started sales during Q2 of FY 25. • During Q3FY25, Tinna started production under following product categories & have sold approx. 250 tons of material to
Slide 23: Growth drivers: TP Buildtech and construction chemicals
Through TP Buildtech, Tinna can capitalize on the growth in the construction chemicals industry The positive outlook for the Rapid Urbanization and construction chemicals market presents Infrastructure Development growth opportunities for TP Buildtech India is experiencing rapid urbanization, leadin
Slide 24: 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. Ravindra Chhabra Chairman & Managing Director Joint Managing Director Whole-time Director & COO Chief Financial Officer Mr. Sanjay Jain Mr. Vaibhav Dange Mr. Krishna Pr
Slide 25: Sustainability and ethical growth
Sustainability and ethical growth have been at Tinna’s core long before ESG became a global focus CSR Initiatives Circular Economy Regular organizing of medical checkup, blood Follows a circular economy model, recovering donation, and health awareness camps. CSR 99% of materials from end-of-life tir
Slide 26: Strategies in place to achieve growth
To summarize – Tinna’s strategies are in place to achieve growth going forward Tinna’s strategy focuses on achieving Expanding tire crushing capacity strong revenue growth while maintaining enhances Tinna's revenue potential by stable EBITDA margins and high return meeting the rising demand for recy
Slide 27: Financial summary
Financial summary ® e Caring for Environment
Slide 28: Strong financial performance in 9 month period
Strong financial performance in 9 month period driven by key factors Strong topline growth… Commentary for 9MFY25 36,303 37,631 29,543 1 22,924 The operating margin has declined due to an increase in raw material costs. An approx.12% rise in ELT price on YOY basis FY22 FY23 FY24 9MFY25 Exceptional o
Slide 29: Consolidated key financial highlights Q3FY25 and 9MFY25
Consolidated key financial highlights Q3FY25 and 9MFY25 Revenue from operations (INR lakhs) EBITDA (INR lakhs) & EBITDA margin (%) PAT (INR lakhs) & PAT margin (%) 13,600.69 EBITDA EBITDA Margin PAT PAT Margin (%) 11,762.57 12,267.86 18.14% 16.29% 12.06% 12.05% 2,467.72 10.31% 1,916.54 6.65% 1,479.9
Slide 30: Summary Financials
Summary Financials Revenue from operations (INR lakhs) EBITDA (INR Lakhs) & EBITDA margin (%) PAT (INR lakhs) & PAT margin (%) EBITDA EBITDA Margin PAT PAT Margin (%) 36,303 37,631 29,543 16.10% 17.25% 15.58% 11.10% 9,000.00 18.00% 9.75% 22,924 8,000.00 12.44% 16.00% 7.37% 7.38% 7,000.00 6,261.65 5,
Slide 31: Consolidated financial performance - Q3FY25 & 9MFY25
Consolidated financial performance - Q3FY25 & 9MFY25 Particulars (INR Lakhs) Q3FY25 Q2FY25 QoQ Q3FY24 YoY 9MFY25 9MFY24 YoY Operational Income 12,268 11,763 4% 9,302 32% 37,631 25,318 49% Total Expenses 10,788 9,846 10% 7,750 39% 31,766 21,296 49% EBITDA 1,480 1,917 (23%) 1,551 (5%) 5,864 4,022 46%
Slide 32: Historical consolidated income statement
Historical consolidated income statement – 9MFY25 Particulars (INR Lakhs) FY22 FY23 FY24 9MFY25 Operational Income 22,924 29,543 36,303 37,631 Total Expenses 19,232 25,868 30,041 31,767 EBITDA 3,692 3,675 6,262 5,864 EBITDA Margin (%) 16.10% 12.44% 17.25% 15.58% Other Income 340 614 132 152 Deprecia
Slide 33: Historical consolidated balance sheet statement
Historical consolidated balance sheet statement – FY24 & H1FY25 Assets (INR Lakhs) FY23 FY24 H1FY25 Equity and Liabilities (INR lakhs) FY23 FY24 H1FY25 Non-current assets Equity share capital 856 1,713 1,713 Property, Plant and Equipment 6,758 12,320 13,807 Capital work-in-progress 33 664 2,019 Othe
Slide 34: Capital market data
Capital market data Movement of shareholding pattern Shareholding Pattern as on 31st, March, 2024 Shareholding Pattern as on 31st, December, 2024 25.7% 27.4% 0.7% 0.7% 73.6% 71.0% Promoter & Promoter group Public Non-institutions (Other public) Promoter & Promoter group FPI Non-institutions (Other p
Slide 35: Annexures
Annexures ® e Caring for Environment
Slide 36: Annexures: Segmental Revenue split, Abbreviations
Annexures Particulars Segmental Revenue split Abbreviations Privileged & Confidential, © 2025, All Rights Reserved. 35
Slide 37: Business Diversification: Segment-wise split
Business Diversification: Segment-wise split Tinna’s revenue distribution across segments for 9M FY25 Bitumen Roads Crumb Roads Conveyer belts Steel Abrasives Gym Tiles Rubber Infill Automotive Rubber Parts mats Tyres Steel Scraps Infrastructure Industrial Steel Segment Consumer Segment Segment Segm
Slide 38: Abbreviations
Abbreviations 9MFY25 Nice month period ending 31st, December 2024 for FY25 MoRTH The Ministry of Road Transport and Highways Bn Billion MRP Micronized Rubber Powder CAGR Compounded Annual Growth Rate Mn Million Capex Capital Expenditure MOEFCC Ministry of Environment, Forest, & Climate Change of Ind
Slide 39: Contact Us
Contact Us Investor Relations Contact: Go India Advisors Sana Kapoor : Senior Research Analyst +91 81465 50469 sana@goindiaadvisors.com Sheetal Khanduja : Head – IR Practice +91 97693 64166 sheetal@goindiaadvisors.com Privileged & Confidential, © 2025, All Rights Reserved. 38
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