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Earnings Call

Viaz Tyres Earnings Call: Key Takeaways

Viaz Tyres is transitioning from a tube manufacturer to a full tire maker, targeting ₹350 Cr revenue by FY29.

Highlights
Revenue growth89.2% YoY growth in FY26.
MarginsPAT margins expected to expand from 6% to 8-10%.
Demand visibilityStrong replacement demand; 70%+ of India's tire market.
Management confidenceHigh; targeting 3x revenue growth by FY29.

Growth

FY26 Revenue grew 89.2% YoY to ₹108.34 Cr; PAT increased 58% to ₹5.27 Cr.

Outlook

Planned capex of ₹50-55 Cr; new Mehsana plant operational by Q1FY27 for 2W/3W/LCV tires.

Risks

Raw material cost volatility causing temporary margin pressure and a one-quarter lag in pricing pass-through.

Source

Earnings Call filed with NSE, NSE: VIAZ. Summary written with AI assistance from the document.

Read the document ↗

Viaz Tyres Ltd: key numbers

Share price
₹75.50
Market cap
₹123.1 Cr
Revenue (annual)
₹108.3 Cr
Net profit (annual)
₹5.27 Cr
P/E (TTM)
23.4×Sector 33.6×
Promoter holding
69.89%
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Annual General Meeting

Viaz Tyres Annual General Meeting

Viaz Tyres Limited issued notice for its Annual General Meeting to be held on September 29, 2026, to discuss financial statements and director appointments.