Emerald Tyre Manufacturers Limited engages in the research and development, manufacture, supply, and servicing of industrial tires worldwide. It offers a range of tires for material handling and warehousing equipment, such as forklifts, skid loaders, ground support equipment of airports, port trailers, industrial trailers, platform trucks, reach stackers, empty container handlers, access platforms, tractors and agri implements, lawn and garden mowers, mining equipment, backhoe loaders, etc. The company was formerly known as Emerald Resilient Tyre Manufacturers Limited and changed its name to Emerald Tyre Manufacturers Limited in January 2024. Emerald Tyre Manufacturers Limited was incorporated in 2002 and is based in Poonamallee, India.
Metrics to compare | EMEL | Peers Peers - average of corresponding metrics from companies closely matching EMEL: BALKRISIND, TVSSRICHAK, AUTOIND, OMAXAUTO, DYNAMATECH | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipEMELPeersSector |
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P/E Ratio | 21.7x | 22.9x | 11.1x | |
PEG Ratio | −0.86 | −0.07 | 0.02 | |
Price/Book | 2.1x | 2.2x | 1.4x | |
Price / LTM Sales | 1.1x | 0.9x | 0.9x | |
Upside (Analyst Target) | - | 15.0% | 19.3% | |
Fair Value Upside | Unlock | 6.4% | 8.8% | Unlock |