TINNARUBR
Tinna Rubber and Infrastructure Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
TINNARUBR
FY26 → FY29 · 3 years of guidance · ~2.7 years from today₹1,114 today
BEAR
₹1,700
+53%+17% a yr
36.9% a year · 22.6x exit
BASE
₹2,850
+156%+42% a yr
39.6% a year · 35.7x exit
BULL
₹4,835
+334%+74% a yr
43.1% a year · 56.2x exit
Where the market has priced it
9x38x today120x
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 21 Industrial Specialties peers
- the range is unusually wide — read it as the span of management's own claim, not as a forecast
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹29.34 (screener) |
|---|---|
| Guided growth | 37.2% a year, said on the call of 24-Jul-2026 · transcript |
| Read across as | operating: guided margin x own realised revenue CAGR — medium confidence |
| Delivery calibration | 1x / 1.06x / 1.16x of what was guided — this company's own record |
| Exit multiple | 22.58x / 35.73x / 56.2x, this company’s own p20 / median / p80 across 21 filed years |
| Filed-industry peers | median 35.73x across 21 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)3 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
ebitda margin 18%
Looking ahead, we remain focused on delivering our Vision 2029 objectives through capacity expansions, new product development, sustainability-led investments and on expanding our global footprint, we are targeting presence across 10 locati
Call 24-Jul-2026 · bridge confidence medium · transcript PDF