---
title: "Viaz Tyres Ltd (VIAZ) — Share Price, Financials & Analysis"
symbol: "VIAZ"
company: "Viaz Tyres Ltd"
canonical: "https://tapetide.com/stocks/VIAZ"
isin: "INE0MO401019"
nse_symbol: "VIAZ"
sector: "Consumer Discretionary"
industry: "Auto Components"
market_cap_cr: 109.45
generated_at: "2026-09-13T19:15:47.261Z"
---

# Viaz Tyres Ltd (VIAZ)

Canonical page: https://tapetide.com/stocks/VIAZ

## Company

- **NSE Symbol:** VIAZ
- **ISIN:** INE0MO401019
- **Sector:** Consumer Discretionary
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2023-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** viaztyres.com

## About

Incorporated in 2018, Viaz Tyres Ltd manufactures Tyre Tubes of vehicles[1]

## Latest Price

- **Price:** ₹76.5
- **Change:** 0 (0%)
- **Open:** ₹75.3
- **Day High:** ₹76.5
- **Day Low:** ₹75.3
- **Previous Close:** ₹76.5
- **Volume:** 0
- **As Of:** 2026-09-11T10:01:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:51.728675Z.

- **Market Cap:** ₹109.45 Cr
- **Classification:** SME
- **P/E (reported):** 20.7
- **Book Value:** ₹39.58
- **Price to Book:** 1.93
- **Dividend Yield:** 0%
- **ROE:** 9.07%
- **ROCE:** 15.63%
- **Debt to Equity:** 0.33
- **Revenue (yearly):** ₹108.34 Cr
- **Net Income:** ₹5.26 Cr
- **EBITDA:** ₹9.57 Cr
- **52-Week High:** ₹99.55
- **52-Week Low:** ₹57.8
- **RSI (14):** 63.14

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-08-26
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 90.6 (of 4468 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 62.08 | 9% |
| growth | 98.87 | 9% |
| momentum | 78.95 | 12% |
| ownership | 56.4 | 24% |
| quality | 64.67 | 22% |
| valuation | 35.2 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Debtor days have improved from 137 to 72.2 days.
- Promoter holding has increased by 3.53% over last quarter.
- Company's working capital requirements have reduced from 131 days to 76.1 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 9.33% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -172.4% | -113.93% | -126.16% |
| ebitda margin growth | -35.06% | -17.82% | — |
| net income growth | 59.39% | 119.17% | — |
| revenue growth | 87.44% | 28.8% | — |
| roce | 33.7% | 33.7% | — |
| roe | 27.93% | 8.08% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 28 | 28 | 29 | 43 | 66 |
| Expenses | 26 | 25 | 25 | 38 | 60 |
| Operating Profit | 3 | 3 | 4 | 4 | 5 |
| OPM % | 10 | 11 | 15 | 10 | 8 |
| Other Income | 0 | 0 | 0 | 0 | 1 |
| Interest | 1 | 1 | 1 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 3 | 3 | 4 |
| Tax % | 27 | 14 | 31 | 26 | 5 |
| Net Profit | 1 | 1 | 2 | 2 | 3 |
| EPS in Rs | 1.01 | 1.06 | 1.67 | 1.65 | 2.28 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 50 | 57 | 108 |
| Expenses | 45 | 50 | 99 |
| Operating Profit | 5 | 7 | 10 |
| OPM % | 10 | 13 | 9 |
| Other Income | 0 | 1 | 1 |
| Interest | 1 | 1 | 2 |
| Depreciation | 1 | 2 | 2 |
| Profit before tax | 3 | 4 | 6 |
| Tax % | 23 | 25 | 14 |
| Net Profit | 2 | 3 | 5 |
| EPS in Rs | 1.93 | 2.73 | 3.68 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 14 |
| Reserves | 21 | 25 | 47 |
| Borrowings | 14 | 16 | 20 |
| Other Liabilities | 4 | 6 | 7 |
| Total Liabilities | 51 | 59 | 88 |
| Fixed Assets | 12 | 11 | 20 |
| CWIP | 0 | 0 | 12 |
| Investments | 0 | 0 | 0 |
| Other Assets | 39 | 48 | 56 |
| Total Assets | 51 | 59 | 88 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 4 | -3 | 15 |
| Cash from Investing Activity | -2 | -1 | -36 |
| Cash from Financing Activity | 2 | 1 | 21 |
| Net Cash Flow | 3 | -3 | 1 |
| Free Cash Flow | 2 | -3 | -20 |
| CFO/OP | 87 | -36 | 160 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 145 | 194 | 72 |
| Inventory Days | 110 | 113 | 53 |
| Days Payable | 17 | 27 | 8 |
| Cash Conversion Cycle | 238 | 280 | 117 |
| Working Capital Days | 142 | 174 | 76 |
| ROCE % | — | 12 | 13 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 99.2% | 73.08% | 73.08% | 73.08% | 73.08% | 73.08% | 73.08% | 68.66% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 17.89% | 18.55% | 19.44% | 20.75% | 20.85% | 19.46% | 22.87% |
| Others | 0.8% | 9.03% | 8.37% | 7.48% | 6.17% | 6.07% | 7.46% | 8.47% |
| No. of Shareholders | 12 | 457 | 445 | 495 | 510 | 463 | 423 | 446 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 71.6 | Buy |
| EMA (10) | 72.38 | Buy |
| SMA (20) | 70.13 | Buy |
| EMA (20) | 70.19 | Buy |
| SMA (50) | 65.31 | Buy |
| EMA (50) | 67.01 | Buy |
| SMA (100) | 64.2 | Buy |
| EMA (100) | 66.3 | Buy |
| SMA (200) | 70.16 | Buy |
| EMA (200) | 66.72 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 63.15 | Neutral |
| MACD (12,26,9) | 2.67 | Buy |
| Stochastic (14,3,3) | 96.34 | Sell |
| ADX (14) | 16.18 | Neutral |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 2.92 | High Volatility |
| ROC (12) | 4.44 | Buy |
| Stoch RSI (14) | 66.56 | Neutral |
| UO (7,14,28) | 54 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - Viaz Tyres հայտնում non-applicability of corporate governance report for quarter ended June 30, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 9 Jul - Viaz Tyres հայտնում non-applicability of corporate governance report for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_09072026160425_Reg_27_VIAZ3062026.pdf) |
| 9 Jul - Regulation 74(5) certificate submitted for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Regulation 74(5) certificate submitted for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_09072026160730_Reg74_5_Viaz30062026_SIGNED.pdf) |
| 8 May 2026 - SDD compliance certificate for FY2025-26 confirms 11 events captured; no noncompliance reported on 31 March 2026. | [Structural Digital Database 8 May 2026 - SDD compliance certificate for FY2025-26 confirms 11 events captured; no noncompliance reported on 31 March 2026.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_08052026184220_Annexure_I_SDD_by_PCS.pdf) |
| 7 Sep - Published AGM notice in English and vernacular newspapers; e-voting details intimated. | [Copy of Newspaper Publication 7 Sep - Published AGM notice in English and vernacular newspapers; e-voting details intimated.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_07092026163406_News_paper_NSE_signed.pdf) |
| 6 May 2026 - Viaz Tyres schedules interaction with Stock Knocks on 11 May 2026. | [Analysts/Institutional Investor Meet/Con. Call Updates 6 May 2026 - Viaz Tyres schedules interaction with Stock Knocks on 11 May 2026.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_06052026173749_Reg_30_Intimation_signed.pdf) |
| 6 May 2026 - Promoter disclosed no encumbrance on Viaz Tyres shares for FY ended 31 March 2026. | [Disclosure under SEBI Takeover Regulations 6 May 2026 - Promoter disclosed no encumbrance on Viaz Tyres shares for FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/team_sandeshc_16042026123811_47.pdf) |
| 4 Sep - Submitted FY2025-26 annual report and AGM notice; AGM scheduled for 29 September 2026 via VC/OAVM. | [Shareholders meeting 4 Sep - Submitted FY2025-26 annual report and AGM notice; AGM scheduled for 29 September 2026 via VC/OAVM.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_04092026141727_Intimation_of_Annual_Report_to_NSE_signed.pdf) |
| 4 March 2026 - Acquirer Patel Janakkumar received 2,58,000 shares (1.80%) as gift from Nikita Kanakia on 21-02-2026. | [Disclosure under SEBI Takeover Regulations 4 March 2026 - Acquirer Patel Janakkumar received 2,58,000 shares (1.80%) as gift from Nikita Kanakia on 21-02-2026.](https://nsearchives.nseindia.com/corporate/vipulr_04032026194939_04032026111311_Disclosure2.pdf) |
| 4 Jun - Stock Knocks interview and factory visit video published for investor awareness. | [General Updates 4 Jun - Stock Knocks interview and factory visit video published for investor awareness.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_04062026152747_Reg30_disclosureAnnouncement_04062026_signed.pdf) |
| 30 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results communicated. | [Trading Window 30 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results communicated.](https://nsearchives.nseindia.com/corporate/VIAZTYRES_30032026124235_Trading_Window_March_2026_signed.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31361_VIAZ_2025_2026_A_52249455_04092026142215.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28854_VIAZ_2024_2025_A_4963696_06092025214058.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25635_VIAZ_2023_2024_03092024224214.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23339_VIAZ_2022_2023_04092023114855_09042023120000.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Apr 2025 | [Concall - Apr 2025](https://nsearchives.nseindia.com/corporate/VIAZTYRES_30042025113948_Stock_Exchange_filings_2025.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:15:47.261Z.