Tinna Rubber and Infrastructure Limited, one of Asia's largest End-of-Life Tyres (ELT) recycling companies, achieved a significant milestone on April 17, 2025, with the successful listing of its equity shares on the National Stock Exchange of India Limited (NSE) under the symbol TINNARUBR. This momentous event follows the company's prior listings on BSE Limited and Calcutta Stock Exchange and marks an important step in expanding its capital market presence.

Key Aspects of the Listing:

The listing of 1,71,29,500 equity shares on the NSE enhances the liquidity of the stock and offers better investment opportunities for both institutional and retail investors. The move to list on the NSE complements Tinna's existing listing on the BSE, providing broader access to a larger pool of investors. This is expected to strengthen Tinna Rubber’s position in the market, increasing its visibility and engagement with the investor community. The NSE, one of India’s largest stock exchanges, enables efficient and transparent trading, facilitating broader participation.

Strong Financial Performance:

Tinna Rubber has demonstrated outstanding financial growth over the past few years. It has achieved a 3-year compound annual growth rate (CAGR) of 41% in revenue and 53% in EBITDA, with FY24 ROCE and ROE standing at 28% and 32%, respectively. These impressive figures reflect the company's strong operational efficiency and growing market presence. Tinna’s Vision 2027 aims for a revenue CAGR of 25%+, EBITDA margin of 18%, and profitability growth of 33%, alongside a ROCE of 30%.

Commitment to Sustainability:

Tinna is a leader in the recycling of End-of-Life Tyres (ELT) and has set up advanced manufacturing facilities strategically placed across India and Oman. The company specializes in producing Micronized Rubber Powder, which serves various industries, including infrastructure, industrial, steel, and consumer goods. With a zero-waste philosophy, Tinna operates with a recovery rate of 99% from tyres, exemplifying its commitment to environmentally sustainable technologies.

Tinna's Future Growth Strategy:

The listing on NSE is part of a broader strategy to increase market visibility and broaden investor participation. By positioning itself on both the BSE and NSE, Tinna Rubber aims to deepen engagement with institutional investors and strengthen its relationship with retail investors. This expansion will help the company further its journey toward growth, innovation, and long-term value creation.

Vision and Leadership:

Mr. Bhupinder Kumar Sekhri, Chairman and Managing Director of Tinna Rubber and Infrastructure, expressed his satisfaction with the successful listing on the NSE, emphasizing that this will aid in expanding investor participation and enhancing market visibility. Under his leadership, Tinna continues to make strides in the recycling industry, while remaining committed to innovation and addressing the unmet needs in the sector.

The successful listing on NSE is seen as a key turning point in Tinna Rubber's growth strategy, making the company more accessible to a broader set of investors while reinforcing its market presence in the Indian capital markets.

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