About Innovative Tyres & Tubes Limited
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Innovative Tyres & Tubes Limited is a public limited company based in Halol, Gujarat, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 28 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25112GJ1995PLC086579. Its GSTIN is 24AAACI1236R2ZG (Gujarat). The company holds 8 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on NSE: INNOVATIVE.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹10 Cr. It is led by directors including Munish Chawla (Managing Director) and Sneh Chauhan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 1201 1202 1203 – GIDC Halol Panchmahals, Gujarat, India – 389350.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹85.38 Cr, a growth of 82.5% compared to the previous year. For the same year it recorded a net loss of ₹1.92 Cr (net margin -2.2%) and EBITDA of ₹3.3 Cr (EBITDA margin 3.9%). Total assets are valued at ₹27.88 Cr (down 16.6% YoY).
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innovative Tyres. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹92.24 Cr on record. Court records list 21 cases involving the company, including 5 filed by the company and 18 filed against it; 4 cases are pending. The company has 33 deals on record (32 market trades, 1 ipo); the latest was in April 2024. The company has 10 MSME Form 1 returns on record between 2018 and 2024, listing 990 overdue payments to 49 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovativetyres.com.
Company details
CIN history
Innovative Tyres & Tubes has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L25112GJ1995PLC086579, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25112GJ1995PLC086579 | Current |
| U25112MH1995PLC094817 | Previous |
| U25112GJ1995PLC086579 | Previous |
Contact details
Innovative Tyres & Tubes Limited's registered office is in Halol, Gujarat. Its website is innovativetyres.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1201 1202 1203 – GIDC Halol Panchmahals, Gujarat, India – 389350
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Innovative Tyres & Tubes Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Innovative Tyres & Tubes operates one associated brand: Innovative Tyres. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and exports high-quality bias tyres for global markets. | innovativetyres.com |
Business activity
The main business activity of Innovative Tyres & Tubes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Innovative Tyres & Tubes Limited, buy the company report.
Financials of Innovative Tyres & Tubes Limited
FY 2025-26 filings availableInnovative Tyres & Tubes Limited reported revenue of ₹85.38 Cr (up 82.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 85.38 | 46.79 | 14.18 | 1.62 | 51.57 | 139 | 149 |
| Revenue growth | +82.5% | +230.0% | +775.3% | -96.9% | -62.9% | -6.5% | - |
| EBITDA | 3.30 | (11.38) | (7.54) | (53.38) | (50.29) | 2.12 | 0.14 |
| EBITDA margin | +3.9% | -24.3% | -53.2% | -3295.1% | -97.5% | +1.5% | +0.1% |
| Profit before tax | (1.79) | (16.03) | 34.48 | (61.41) | (59.11) | (8.87) | (9.26) |
| Net profit | (1.92) | (16.12) | (3.76) | (52.94) | (59.43) | (9.33) | (10.24) |
| Net profit margin | -2.3% | -34.5% | -26.5% | -3267.9% | -115.2% | -6.7% | -6.9% |
| EPS (₹) | (1.91) | (16.02) | 19.17 | (29.42) | (32.76) | (4.91) | (5.46) |
| Balance sheet | |||||||
| Total assets | 27.88 | 33.41 | 34.59 | (6.21) | 46.31 | 106 | 125 |
| Net worth | (20.29) | (16.29) | (0.23) | (44.22) | 8.71 | 67.65 | 76.49 |
| Total debt | 43.35 | 42.80 | 34.81 | 38.01 | 37.60 | 36.97 | 21.88 |
| Cash & bank | 0.09 | 0.16 | 0.09 | 1.24 | 0.29 | 4.08 | 3.19 |
| Net working capital | (14.72) | (10.13) | (3.43) | (40.38) | (37.08) | 13.84 | 25.95 |
| Cash flow | |||||||
| Cash from operations | 8.58 | (4.64) | (7.42) | 0.46 | (2.95) | 3.40 | 2.90 |
| Cash from investing | (7.28) | (2.31) | (0.01) | 0.07 | 1.60 | (1.22) | 0.16 |
| Cash from financing | (1.38) | 7.02 | 6.28 | 0.41 | (2.43) | (1.29) | (3.40) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 85.38 | 46.79 | 14.18 | 1.62 | 51.57 | 139 | 149 |
| Revenue growth | +82.5% | +230.0% | +775.3% | -96.9% | -62.9% | -6.5% | - |
| Other income | 0.84 | 0.40 | 46.47 | 0.24 | 2.05 | 1.02 | 1.70 |
| Total expenses | 82.08 | 58.17 | 21.72 | 55.00 | 102 | 137 | 149 |
| Employee cost | 3.80 | 3.40 | 1.23 | 0.20 | 4.76 | 8.01 | 9.25 |
| EBITDA | 3.30 | (11.38) | (7.54) | (53.38) | (50.29) | 2.12 | 0.14 |
| EBITDA margin | +3.9% | -24.3% | -53.2% | -3295.1% | -97.5% | +1.5% | +0.1% |
| Depreciation | 3.89 | 4.07 | 4.42 | 8.18 | 7.80 | 8.37 | 8.28 |
| Interest | 2.04 | 0.98 | 0.03 | 0.09 | 3.07 | 3.64 | 2.82 |
| Profit before tax | (1.79) | (16.03) | 34.48 | (61.41) | (59.11) | (8.87) | (9.26) |
| Tax | 0.13 | 0.00 | (0.03) | (8.47) | (0.17) | (0.03) | 0.56 |
| Net profit | (1.92) | (16.12) | (3.76) | (52.94) | (59.43) | (9.33) | (10.24) |
| Net profit margin | -2.3% | -34.5% | -26.5% | -3267.9% | -115.2% | -6.7% | -6.9% |
| EPS (₹) | (1.91) | (16.02) | 19.17 | (29.42) | (32.76) | (4.91) | (5.46) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 10.00 | 10.00 | 17.99 | 17.99 | 17.99 | 17.99 | 17.99 |
| Reserves & surplus | (30.29) | (26.29) | (27.72) | (62.21) | (9.28) | 49.66 | 58.50 |
| Shareholders' funds (net worth) | (20.29) | (16.29) | (0.23) | (44.22) | 8.71 | 67.65 | 76.49 |
| Secured loans | 14.14 | 16.71 | 0.06 | 10.06 | 10.06 | 10.13 | 5.70 |
| Unsecured loans | 29.21 | 26.09 | 34.75 | 27.95 | 27.54 | 26.84 | 16.18 |
| Total debt | 43.35 | 42.80 | 34.81 | 38.01 | 37.60 | 36.97 | 21.88 |
| Total liabilities | 27.88 | 33.41 | 34.59 | (6.21) | 46.31 | 106 | 125 |
| Assets | |||||||
| Gross block | 147 | 140 | 141 | 140 | 140 | 146 | 146 |
| Net block | 40.42 | 31.76 | 35.81 | 32.20 | 89.61 | 96.88 | 104 |
| Capital work in progress | 0.06 | 9.51 | 0.25 | 0.25 | 0.25 | 1.44 | 0.16 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Inventories | 11.56 | 6.32 | 2.89 | 0.00 | 2.55 | 39.09 | 41.67 |
| Sundry debtors | 3.00 | 2.81 | 0.67 | 0.10 | 1.94 | 13.96 | 17.85 |
| Cash & bank balances | 0.09 | 0.16 | 0.09 | 1.24 | 0.29 | 4.08 | 3.19 |
| Loans & advances | 4.04 | 2.33 | 0.45 | 0.53 | 0.97 | 3.48 | 2.32 |
| Total current assets | 18.69 | 11.62 | 4.10 | 1.87 | 5.75 | 60.61 | 65.03 |
| Total current liabilities | 33.41 | 21.75 | 7.53 | 42.25 | 42.83 | 46.77 | 39.08 |
| Net working capital | (14.72) | (10.13) | (3.43) | (40.38) | (37.08) | 13.84 | 25.95 |
| Total assets | 27.88 | 33.41 | 34.59 | (6.21) | 46.31 | 106 | 125 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.16 | 0.09 | 1.24 | 0.29 | 4.08 | 3.19 | 3.53 |
| Net cash from operating activities | 8.58 | (4.64) | (7.42) | 0.46 | (2.95) | 3.40 | 2.90 |
| Net cash from investing activities | (7.28) | (2.31) | (0.01) | 0.07 | 1.60 | (1.22) | 0.16 |
| Net cash from financing activities | (1.38) | 7.02 | 6.28 | 0.41 | (2.43) | (1.29) | (3.40) |
| Net change in cash | (0.07) | 0.07 | (1.15) | 0.94 | (3.78) | 0.89 | (0.34) |
| Closing cash | 0.09 | 0.16 | 0.09 | 1.24 | 0.29 | 4.08 | 3.19 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +82.5% | +230.0% | +775.3% | -96.9% | -62.9% | -6.5% | - |
| EBITDA growth | +129.0% | -50.9% | +85.9% | -6.1% | -2472.2% | +1414.3% | - |
| PBT growth | +88.8% | - | +9998.0% | -3.9% | -566.4% | +4.2% | - |
| Net income growth | +88.1% | -328.7% | +92.9% | +10.9% | -537.0% | +8.9% | - |
| Revenue CAGR (3Y) | +274.9% | -3.2% | -53.3% | -77.8% | -33.0% | -0.1% | +4.4% |
| EBITDA CAGR (3Y) | - | -39.1% | - | - | - | -46.4% | -77.7% |
| Profitability & leverage | |||||||
| Net income margin | -2.3% | -34.3% | +243.4% | -3267.9% | -114.3% | -6.4% | -6.6% |
| Return on capital employed | 0.0% | 0.0% | -8.9% | 0.0% | 0.0% | -4.8% | -5.2% |
| Return on net worth | 0.0% | 0.0% | -61.6% | 0.0% | 0.0% | -13.6% | -13.3% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 1.21 | 0.45 | 0.30 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.08 | 0.07 |
| Interest cover | -345.76 | -6.34 | -0.25 | -0.15 | -5.28 | -58.24 | -34.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.62 | 0.35 | 0.11 | 0.01 | 0.38 | 1.00 | 1.09 |
| Inventory turnover | 9.55 | 10.16 | 9.81 | 1.27 | 2.48 | 3.45 | 3.54 |
| Debtors turnover | 29.39 | 26.89 | 36.83 | 1.59 | 6.49 | 8.75 | 9.75 |
| EPS (₹) | (1.91) | (16.02) | 19.17 | (29.42) | (32.76) | (4.91) | (5.46) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (25.48) | (23.57) | (9.45) | (28.63) | 0.79 | 33.55 | 38.47 |
To see the full year-wise statements and ratios of Innovative Tyres & Tubes Limited, buy the company report.
Board of directors of Innovative Tyres & Tubes Limited
Innovative Tyres & Tubes has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sneh Chauhan Also directs: Divorox Beverages Private Limited | Director | 15 Jul 2025 | 1 Years 3 Months | Current |
| Robin Chawla | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Munish Chawla | Managing Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Kamlesh Joshi Also directs: Vayubazar International LLP, Purumitra Services LLP, Carrot King International LLP and 2 more | Director | 30 May 2026 | 0 Years 5 Months | Current |
Auditor
Innovative Tyres & Tubes Limited is audited by Haribhakti & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2023 | 103523W / W100048 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 94.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 5.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 94.60% | 94.60% | 94.60% | 94.60% |
| Public | 5.40% | 5.40% | 5.40% | 5.40% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2024 | 100964387 | Others | ₹7 Cr | Open | |
| 17 Jul 2024 | 100964393 | Others | ₹18 Cr | Open | |
| 05 Oct 2009 | 10186525 | State Bank of India | ₹8.91 Lakh | Satisfied | |
| 23 Aug 2005 | 80051359 | State Bank of India | ₹40.9 Cr | Satisfied | |
| 15 Feb 2005 | 80010187 | State Bank of India | ₹40.9 Cr | Satisfied |
To see the full charge records of Innovative Tyres & Tubes Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Innovative Tyres & Tubes Limited has 33 deals on record (32 market trades, 1 ipo); the latest was in April 2024.
Deals on record (5 of 33)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Market trade | ₹11.2 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
| Sep 2023 | Market trade | ₹17.7 Lakh | Buyer: Multiplier Share and Stock Advisors Private Limited , an individual Seller: Multiplier Share and Stock Advisors Private Limited |
| Sep 2023 | Market trade | ₹19.6 Lakh | Seller: Multiplier Share and Stock Advisors Private Limited |
| Sep 2023 | Market trade | ₹9.6 Lakh | Buyer: an individual Seller: Multiplier Share and Stock Advisors Private Limited |
| Feb 2022 | Market trade | ₹10.4 Lakh | Buyer: an individual Seller: Ardent Ventures LLP |
To see the full deal history of Innovative Tyres & Tubes Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Innovative Tyres & Tubes Limited has 21 court cases on record: 5 filed by Innovative Tyres & Tubes, 18 filed against it. 4 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 4 |
| NCLT | 5 | 2 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Devamata Commercials Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ms Tirumallya Spinners Pvt Ltd. | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Shri Abhishek Nagori Chairperson and Member of Monitoring Committee of Innovative Tyres and Tubes Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Committee of Creditors of Innovative Tyres and Tubes Limited Through State Bank of India and 1 other | Disposed |
| High Court, MAHARASHTRA | Court case (CARAP) | Filed against the company by Cleantech Solar Energy (India) Pvt Ltd | Disposed |
To see the full case history of Innovative Tyres & Tubes Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Innovative Tyres & Tubes Limited has 10 MSME Form 1 returns on record between 2018 and 2024, listing 990 overdue payments to 49 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Innovative Tyres & Tubes Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Innovative Tyres & Tubes Limited has a workforce of 33 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Innovative Tyres & Tubes has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI1236R2ZG | Gujarat | Active | 28 Mar 2022 |
To see the full GST registrations and return filing status of Innovative Tyres & Tubes Limited, buy the company report.
Recent activity
Innovative Tyres & Tubes Limited has 43 board changes on record since 1995: 24 appointments and 19 cessations. The latest: Kamlesh Joshi was appointed as Director on 30 May 2026.
46 earlier events are in the company report.
Frequently asked questions
Innovative Tyres & Tubes is an active public limited company based in Halol, Gujarat, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 28 November 1995 (31+ years old) and is registered under CIN L25112GJ1995PLC086579. Listed on NSE: INNOVATIVE.
Innovative Tyres & Tubes reported revenue of ₹85.38 Cr for FY 2025-26 (up 82.5% YoY) based on standalone financials.
Innovative Tyres & Tubes has 4 current directors:
- Munish Chawla - Managing Director
- Sneh Chauhan - Director
- Robin Chawla - Director
- Kamlesh Joshi - Director
The latest financial statements of Innovative Tyres & Tubes on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovative Tyres & Tubes is 24AAACI1236R2ZG, registered in Gujarat. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Innovative Tyres & Tubes is L25112GJ1995PLC086579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Innovative Tyres & Tubes is a listed company as per MCA records. Its shares are listed on NSE (symbol: INNOVATIVE).
Innovative Tyres & Tubes has 21 court cases on record: 5 filed by the company and 18 filed against it. 4 are pending. Most are in the district courts.
Innovative Tyres & Tubes was incorporated on 28 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Innovative Tyres & Tubes has 33 deals on record (32 market trades, 1 ipo); the latest was in April 2024.
Kamlesh Joshi was appointed as Director on 30 May 2026. Jai Prakash Sharma was appointed as CFO on 03 Dec 2025. Roshni Chawla ceased to be Director on 15 Jul 2025. Innovative Tyres & Tubes has 43 board changes on record in total.
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