What we do Emerald Tyre Manufacturers Ltd specializes in manufacturing industrial and off-highway tires for material handling, construction, agricultural, and airport equipment. |
Founded in 2,002 |
Market share Strong market presence in domestic and global industrial tire segment under the brand 'GRECKSTER' with 74% exports. |
Problem solved Provides durable, customized tire solutions enhancing safety and performance for heavy-duty industrial equipment and specialized vehicles. |
Top clients or who we serve Serves OEMs and aftermarket clients in industrial, agricultural, construction, and airport material handling sectors (B2B). |
Key management Mr. Chandhrasekharan V Thirupathi, Chairman & Managing Director, leads the company with strong industry expertise and strategic vision. |
Our journey and innovations From 2002 incorporation, expanded capacity and product portfolio; notable IPO in 2024; focus on R&D and green technologies; subsidiaries in Europe and Middle East. |
Where we operate Primarily India with exports to global markets including United States and Europe; subsidiaries in Europe and Middle East. |
Top products or what we offer Wide range of off-highway tires, tubes, wheels servicing forklifts, backhoe loaders, port trailers, mining equipment, agri implements. |
Top brands GRECKSTER - leading industrial tire brand known for durability and customization; key revenue driver with expanding global footprint. |
Raw materials needed Natural rubber, synthetic rubber, carbon black, and other rubber compounding chemicals. |
Raw materials supplier Local and global rubber and chemical suppliers ensuring consistent quality and supply. |
Recurring vs cyclical contribution Revenue largely recurring from OEM and aftermarket sales, though subject to industrial equipment demand cycles. |
Our industry position Market leader in niche off-highway tire segment with strong R&D and export capabilities. |
Financial highlights FY 2024-25 revenue ₹199.47 Cr; net profit ₹10.43 Cr; stable EBITDA margins; successful IPO raised ₹49.26 Cr. |
Geographical revenue split Approximately 74% of revenue from exports, balance from domestic market. |
Order book - |
Whats driving growth Growing demand in industrial, agricultural, and construction equipment sectors; expansion of manufacturing capacity; strong R&D. |
Our future plans Capacity expansion with ₹65 Cr investment; development of multi-piece rims; increased focus on green technology and new product lines. |
Our green promise ISO 14001:2015 certified; compliance with EU regulations; plans for solar energy integration and tire rethreading initiatives. |
Our people and values 288 employees; culture centered on empowerment, continuous learning, diversity, and employee engagement. |
Key challenges ahead Global economic uncertainty, raw material price volatility, geopolitical risks, competitive pressures, and evolving regulatory standards. |
Interesting facts First off-highway tire company in India with dedicated compound mixing facility and global presence through subsidiaries. |
Risks and strategy Mitigates geopolitical and raw material risks through diversification, strong R&D, market expansion, and robust supply chain management. |
