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Tolins Tyres Limited (IN:TOLINS)
:TOLINS
India Market
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Tolins Tyres Limited (TOLINS) AI Stock Analysis

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IN:TOLINS

Tolins Tyres Limited

(TOLINS)

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Neutral 58 (OpenAI - Gpt-5.6Sol)
Rating:58Neutral
Price Target:
₹99.00
▼(-25.73% Downside)
Action:Reiterated
Date:08/30/26
The score is most constrained by weak cash-flow quality (negative operating and free cash flow in recent years) and a bearish technical setup (trading below major moving averages with negative MACD). These are partially offset by strong revenue growth, improved leverage on the balance sheet, and a relatively modest P/E valuation.
Positive Factors
Strong Revenue Expansion
Sustained revenue expansion indicates growing demand for Tolins Tyres’ products and broader market reach. If maintained, higher scale can support operating leverage, strengthen customer relationships, and improve the company’s ability to absorb fixed manufacturing costs.
Negative Factors
Persistent Negative Cash Generation
Repeated negative operating and free cash flow shows that reported earnings are not converting into liquidity. This may force continued funding for working capital or investment, increasing execution risk and limiting the benefits of the company’s improved balance sheet.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Revenue Expansion
Sustained revenue expansion indicates growing demand for Tolins Tyres’ products and broader market reach. If maintained, higher scale can support operating leverage, strengthen customer relationships, and improve the company’s ability to absorb fixed manufacturing costs.
Read all positive factors

Tolins Tyres Limited (TOLINS) vs. iShares MSCI India ETF (INDA)

Tolins Tyres Limited Business Overview & Revenue Model

Company Description
Established in 1982 and headquartered in Aluva, India, Tolins Tyres Limited is an Indian enterprise specializing in the production and distribution of various tires and tread rubber. The company provides a comprehensive range of products, includin...
How the Company Makes Money
Tolins Tyres Limited primarily makes money by selling tyres it manufactures to customers in the automotive value chain. Key revenue streams typically include (1) domestic sales to distributors/wholesalers and retailers serving the replacement mark...

Tolins Tyres Limited Financial Statement Overview

Summary
Strong revenue expansion and a much improved balance sheet (debt-to-equity down to ~0.05x by 2025) are positives. However, persistently negative operating and free cash flow in 2024–2026 (especially deep negatives in 2025–2026) is a major risk and outweighs the stronger income statement and leverage profile; 2026 also shows margin pressure with net income down despite higher revenue.
Income Statement
78
Positive
Balance Sheet
84
Very Positive
Cash Flow
28
Negative
BreakdownTTMMar 2025Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue1.36B3.27B2.92B2.27B1.18B1.13B
Gross Profit400.91M610.91M816.29M630.74M236.81M184.63M
EBITDA229.42M505.97M572.46M454.20M133.74M68.49M
Net Income162.32M356.85M386.82M260.06M49.92M6.31M
Balance Sheet
Total Assets3.88B3.93B3.70B2.22B838.24M991.42M
Cash, Cash Equivalents and Short-Term Investments407.91M51.43M542.18M8.81M3.76M4.68M
Total Debt157.13M108.33M167.44M787.72M470.29M488.72M
Total Liabilities468.00M313.10M453.28M1.21B644.01M883.17M
Stockholders Equity3.41B3.61B3.24B1.01B194.23M108.25M
Cash Flow
Free Cash Flow-585.67M-445.33M-664.38M-171.42M14.37M2.98M
Operating Cash Flow-544.27M-401.12M-614.66M-35.90M18.15M25.30M
Investing Cash Flow-11.68M222.45M-284.02M-541.26M280.00K-25.67M
Financing Cash Flow53.61M-59.11M1.17B577.14M-19.35M1.04M

Tolins Tyres Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price133.30
Price Trends
50DMA
99.24
Negative
100DMA
102.38
Negative
200DMA
111.72
Negative
Market Momentum
MACD
-2.58
Positive
RSI
23.68
Positive
STOCH
9.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TOLINS, the sentiment is Negative. The current price of 133.3 is above the 20-day moving average (MA) of 94.09, above the 50-day MA of 99.24, and above the 200-day MA of 111.72, indicating a bearish trend. The MACD of -2.58 indicates Positive momentum. The RSI at 23.68 is Positive, neither overbought nor oversold. The STOCH value of 9.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TOLINS.

Tolins Tyres Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
₹265.19B15.501.44%11.23%105.46%
79
Outperform
₹132.69B22.451.07%21.48%36.97%
67
Neutral
₹544.74B22.530.18%11.37%34.26%
58
Neutral
₹3.54B10.923.52%-16.64%
58
Neutral
₹39.39B42.660.73%18.56%244.54%
56
Neutral
₹102.13B15.291.13%9.93%40.80%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:TOLINS
Tolins Tyres Limited
89.49
-98.91
-52.50%
IN:APOLLOTYRE
Apollo Tyres Limited.
417.55
-55.72
-11.77%
IN:CEATLTD
CEAT Limited
3,280.45
-29.90
-0.90%
IN:JKTYRE
JK Tyre & Industries Limited
354.25
-11.86
-3.24%
IN:MRF
MRF Limited
128,442.20
-18,664.53
-12.69%
IN:TVSSRICHAK
TVS Srichakra Limited
5,144.15
2,230.44
76.55%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 30, 2026