Tinna Rubber and Infrastructure LimitedQ2 revenue +31%, PAT +45%, ₹250 Cr Andhra complex

Tinna Rubber & Infrastructure's Q2 FY27 call, held on 26 October 2026, reported consolidated revenue of ₹157 crore, up 31%, EBITDA of ₹29 crore, up 37%, and profit after tax of ₹17 crore, up 45%, with an EBITDA margin of 18.8%.

First-half revenue rose 25% to ₹313 crore and profit after tax rose 60% to ₹38 crore. CARE upgraded the company's long-term rating to BBB with a stable outlook, and debt fell to ₹111 crore. Tyre crushing volume rose 30% in the half, infrastructure revenue rose 38% and polymer composites revenue more than tripled to ₹27 crore. Management kept its FY27 targets of about ₹700 crore of revenue, ₹126 crore of EBITDA and ₹70 crore of profit, and its Vision 2029 of ₹1,000 crore of revenue.

It bought 40 acres in Andhra Pradesh for a ₹250 crore integrated recycling complex, expects a 3,500 tonne rubber powder expansion in Q3, and said the Saudi plant and South Africa's second phase are delayed by the Middle East conflict. Haryana may acquire the Panipat plant's land.