Emerald Tyre Manufacturers Ltd vs Innovative Tyres Tubes Ltd Stock Comparison

Home

Insights

Stock Comparison

Last Updated on: Nov 01, 2026

Key Highlights

The Latest Trading Price of Emerald Tyre Manufacturers Ltd is ₹ 72.5 as of 30 Oct 15:30 . The P/E Ratio of Emerald Tyre Manufacturers Ltd changed from 19.3 on March 2025 to 14 on March 2026 . This represents a CAGR of -14.83% over 2 yearsThe P/E Ratio of Innovative Tyres & Tubes Ltd changed from 0 on March 2021 to 0 on March 2026 . This represents a CAGR of 0.0% over 6 years The Market Cap of Emerald Tyre Manufacturers Ltd changed from ₹ 201 crore on March 2025 to ₹ 144.42 crore on March 2026 . This represents a CAGR of -15.24% over 2 yearsThe Market Cap of Innovative Tyres & Tubes Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2026 . This represents a CAGR of 0.0% over 6 years The Dividend Payout of Emerald Tyre Manufacturers Ltd changed from 11.34 % on March 2024 to 22.29 % on March 2026 . This represents a CAGR of 25.27% over 3 yearsThe Dividend Payout of Innovative Tyres & Tubes Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 years .

About Emerald Tyre Manufacturers Ltd

Emerald Tyre Manufacturers Limited was originally incorporated as 'Emrald Resilient Tyre Manufactures Private Limited' a private limited company with the Registrar of Companies, Tamil Nadu dated March 27, 2002.
Thereafter, Company converted into Public Limited Company and name was changed from 'Emerald Resilient Tyre Manufacturers Private Limited' to 'Emerald Resilient Tyre Manufacturers Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Tamil Nadu dated December 22, 2023.
Thereafter, the name of Company was changed from 'Emerald Resilient Tyre Manufacturers Limited' to 'Emerald Tyre Manufacturers Limited' dated January 17, 2024. The Company was promoted and pioneered by Mr. Chandhrasekharan V Thirupathi.
Through strong market position in off highway tyre manufacturing industry, the manufacturing unit is made operational in Tiruvallur District of Tamil Nadu, with installed production capacity of 7040 MT of tyres, tubes and wheels.

About Innovative Tyres & Tubes Ltd

Innovative Tyres & Tubes Limited was originally incorporated as a Public company on 28th November 1995 at Mumbai, Maharashtra.
The Certificate of Commencement of Business was granted by Registrar of Companies, Maharashtra on February 8, 1996. The Company is principally engaged in the business of manufacturing and Processing of Automotive Tyres and Tubes.
The Company began its journey with the acquisition of a greenfield project situated at Halol in auction from Gujarat State Financial Corporation and State Bank of Bikaner & Jaipur vide agreement dated December 15. 1995. In 1996, the Company acquired Halol Plant in Gujarat for manufacturing of tubes.
In 2003, it established 2nd plant at Halol, Gujarat for manufacturing of 2 wheeler tyres.
Currently, the Company has combined production capacity of Tyres and Tubes of 12,000 MT p.

FAQs for the comparison of Emerald Tyre Manufacturers Ltd and Innovative Tyres & Tubes Ltd

Which company has a larger market capitalization, Emerald Tyre Manufacturers Ltd or Innovative Tyres & Tubes Ltd?

Market cap of Emerald Tyre Manufacturers Ltd is 141 Cr while Market cap of Innovative Tyres & Tubes Ltd is 60 Cr

What are the key factors driving the stock performance of Emerald Tyre Manufacturers Ltd and Innovative Tyres & Tubes Ltd?

The stock performance of Emerald Tyre Manufacturers Ltd and Innovative Tyres & Tubes Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Emerald Tyre Manufacturers Ltd and Innovative Tyres & Tubes Ltd?

As of November 1, 2026, the Emerald Tyre Manufacturers Ltd stock price is INR ₹72.5. On the other hand, Innovative Tyres & Tubes Ltd stock price is INR ₹60.1.

How do dividend payouts of Emerald Tyre Manufacturers Ltd and Innovative Tyres & Tubes Ltd compare?

To compare the dividend payouts of Emerald Tyre Manufacturers Ltd and Innovative Tyres & Tubes Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.