What we do Modi Rubber Ltd manufactures automobile tyres including steel radial tyres for trucks, passenger cars, LCVs, and premium tractor tyres using advanced German technology. |
Founded in 1,971 |
Market share Has significant presence in Indian tyre market with exports to multiple countries, recovering from past industrial challenges. |
Problem solved Provides durable, high-performance tyres addressing transportation needs in commercial and agricultural sectors. |
Top clients or who we serve Serves automotive manufacturers, truck operators, agricultural vehicle users; operates primarily B2B and B2C segments. |
Key management - |
Our journey and innovations Entered technical collaboration with Continental AG; launched new truck/LCV tyres and premium tractor tyres; managing rehabilitation under BIFR. |
Where we operate Operations in India with exports to countries including Vietnam, Philippines, USA, UK, Bangladesh, Sri Lanka and Latin America. |
Top products or what we offer Manufactures steel radial tyres, truck & bus tyres, passenger car tyres, LCV tyres, premium tractor tyres under brand names like Multilife 2000 and Marathon 2000. |
Top brands Multilife 2000: Heavy load truck tyres with strong market acceptance; Marathon 2000: Premium tractor tyres with growing regional presence. |
Raw materials needed Natural rubber, synthetic rubber, steel cords, chemicals, textile fabrics used for tyre manufacturing. |
Raw materials supplier Supplied by domestic and international vendors specialized in rubber, steel, and chemical manufacturing. |
Recurring vs cyclical contribution Revenue mainly cyclical, linked to automotive industry demand and export markets fluctuations. |
Our industry position Established Indian tyre manufacturer with export footprint, recovering plant operations and infrastructure. |
Financial highlights FY 2025 standalone revenue Rs 29.2 crore; net profit Rs 20.46 crore; income primarily from asset utilization and interest due to limited manufacturing. |
Geographical revenue split Primary revenue from India with exports contributing smaller portion to Southeast Asia, Americas and Middle East markets. |
Order book - |
Whats driving growth Technological collaboration, product launches for heavy load and premium tyres, and export market expansion drive growth. |
Our future plans Focus on regaining control of Modinagar plant, expanding commercial production, and optimizing real estate assets for revenue generation. |
Our green promise - |
Our people and values Committed to workplace safety, ethical conduct, gender nondiscrimination, and compliance with applicable labor laws including POSH. |
Key challenges ahead Litigation over plant possession, competition from Chinese imports, and regulatory hurdles impact operations and expansion. |
Interesting facts One of Asia’s modern tyre plants established in 1974 with longstanding technical tie-up with Germany's Continental AG. |
Risks and strategy Legal disputes resolved through courts, leveraging government schemes, enhancing product portfolio and optimizing asset utilization to mitigate risks. |