GTYR Ghandhara Tyre & Rubber Company Limited

Ghandhara Tyre & Rubber Company Limited (GTYR) financial ratios

Ghandhara Tyre & Rubber Company Limited earned a net margin of -6.0% in FY2026 against a five-year average of -1.2% (Automobile Parts & Accessories median 3.6%). Return on equity was -16.1%, compared with a sector median of 11.4%. The current ratio stood at 0.88× and debt was 139.4% of equity. Cash took about 179 days to cycle through receivables, inventory and payables.

FY2026 vs the Automobile Parts & Accessories median

Gross margin: 9.0%; Sector median 15.6%
Operating margin: 1.4%; Sector median 9.3%
Net margin: -6.0%; Sector median 3.6%
Return on equity (ROE): -16.1%; Sector median 11.4%
Return on assets (ROA): -5.0%; Sector median 3.9%
Current ratio: 0.88×; Sector median 1.36×
Debt to equity: 139.4%; Sector median 48.2%
Asset turnover: 0.83×; Sector median 1.09×

Median of the 10 companies in the sector with the figure for their latest fiscal year.

GTYR financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 * Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007
Profitability
Gross margin	9.0%	12.8%	16.0%	15.3%	13.2%	15.1%	11.9%	15.2%	17.7%	21.3%	24.5%	20.4%	18.5%	16.3%	12.8%	13.3%	15.2%	10.1%	11.1%	11.8%
EBITDA margin	4.5%	8.8%	12.8%	12.5%	10.2%	12.3%	9.8%	12.3%	13.2%	16.2%	19.2%	16.2%	14.7%	12.9%	10.6%	11.7%	13.1%	8.4%	9.6%	8.9%
Operating margin	1.4%	5.9%	10.2%	9.1%	7.5%	8.8%	4.2%	8.5%	10.1%	13.5%	17.3%	14.5%	12.8%	11.0%	8.7%	9.7%	10.8%	6.1%	6.2%	5.9%
Pre-tax margin	(5.6%)	(1.9%)	2.0%	(1.3%)	3.4%	5.7%	(5.1%)	2.4%	8.0%	12.3%	15.8%	11.6%	8.7%	7.1%	3.2%	5.3%	6.4%	(2.7%)	0.2%	2.7%
Net margin	(6.0%)	(2.1%)	1.1%	(1.1%)	1.9%	4.1%	(3.8%)	1.2%	6.1%	9.1%	10.9%	7.7%	6.0%	4.8%	2.6%	3.5%	3.4%	(2.1%)	(0.4%)	1.5%
Effective tax rate	—	—	45.4%	—	42.9%	28.2%	—	51.6%	23.9%	25.6%	30.9%	33.2%	31.3%	31.8%	18.0%	34.6%	46.7%	—	324.9%	42.6%
Returns
Return on equity (ROE)	(16.1%)	(5.8%)	3.9%	(3.5%)	9.7%	17.7%	(10.6%)	3.6%	19.4%	26.1%	38.9%	33.4%	26.9%	23.9%	13.5%	18.5%	17.9%	(9.4%)	(1.3%)	4.8%
Return on assets (ROA)	(5.0%)	(1.8%)	1.2%	(1.0%)	2.4%	4.4%	(2.7%)	1.1%	7.4%	11.4%	17.0%	12.3%	8.2%	6.9%	3.6%	4.9%	5.0%	(2.8%)	(0.4%)	1.8%
Return on invested capital (ROIC)	—	—	8.6%	—	7.2%	9.3%	—	4.5%	12.5%	17.1%	26.5%	20.7%	16.0%	15.5%	13.8%	12.8%	7.0%	—	(27.2%)	5.2%
Liquidity
Current ratio	0.88×	0.94×	0.98×	0.94×	1.01×	0.99×	0.91×	0.97×	1.22×	1.54×	1.47×	1.57×	1.16×	1.14×	1.04×	1.03×	0.98×	0.87×	1.02×	1.18×
Quick ratio	0.35×	0.39×	0.47×	0.44×	0.43×	0.37×	0.38×	0.39×	0.47×	0.72×	0.61×	0.66×	0.54×	0.52×	0.40×	0.33×	0.40×	0.41×	0.38×	0.39×
Leverage
Debt to equity	139.4%	136.2%	121.2%	123.0%	186.8%	201.7%	220.0%	194.7%	123.4%	71.1%	64.7%	53.1%	150.7%	128.4%	130.4%	163.6%	151.2%	162.8%	150.6%	115.5%
Debt to capital	58.2%	57.7%	54.8%	55.2%	65.1%	66.9%	68.8%	66.1%	55.2%	41.5%	39.3%	34.7%	60.1%	56.2%	56.6%	62.1%	60.2%	61.9%	60.1%	53.6%
Debt to assets	42.2%	42.8%	38.6%	38.7%	44.7%	50.6%	54.8%	52.1%	41.2%	31.4%	28.0%	23.4%	46.6%	38.3%	36.3%	41.7%	41.8%	45.7%	45.9%	40.7%
Assets to equity	3.24×	3.16×	3.16×	3.58×	4.09×	4.00×	3.87×	3.35×	2.62×	2.29×	2.29×	2.71×	3.29×	3.46×	3.76×	3.78×	3.59×	3.42×	3.06×	2.73×
Efficiency
Asset turnover	0.83×	0.88×	1.11×	0.87×	1.24×	1.08×	0.72×	0.91×	1.22×	1.25×	1.56×	1.59×	1.37×	1.42×	1.39×	1.41×	1.45×	1.34×	1.23×	1.14×
Receivable days days	100	107	90	111	73	75	109	86	67	65	45	52	70	65	56	54	53	50	47	47
Inventory days days	167	158	122	166	130	146	197	171	122	112	103	107	122	119	132	124	96	96	120	135
Payable days days	88	87	66	61	29	22	36	38	22	17	23	17	24	46	63	55	35	33	37	57
Cash conversion cycle days	179	177	146	216	174	198	270	219	167	159	125	143	167	138	126	123	114	113	130	125
Dividends
Dividend payout ratio	—	—	0.0%	—	0.0%	0.0%	—	49.6%	50.1%	101.7%	0.0%	57.1%	75.6%	68.0%	59.0%	57.8%	54.8%	—	—	0.0%
Earnings retention rate	—	—	1.00×	—	1.00×	1.00×	—	0.50×	0.50×	(0.02×)	1.00×	0.43×	0.24×	0.32×	0.41×	0.42×	0.45×	—	—	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

GTYR: frequently asked questions

What is GTYR's EPS?

Ghandhara Tyre & Rubber Company Limited reported basic earnings per share of Rs -8.26 for FY2026 (Jul 2025 – Jun 2026).

Does GTYR pay dividends?

Ghandhara Tyre & Rubber Company Limited did not declare a cash dividend for FY2026.

What was GTYR's revenue and profit in FY2026?

Ghandhara Tyre & Rubber Company Limited reported revenue of Rs 16.9 bn and profit attributable to shareholders of -Rs 1.0 bn for FY2026 (Jul 2025 – Jun 2026).

What is GTYR's book value per share?

Ghandhara Tyre & Rubber Company Limited's book value per share was Rs 47.58 at the end of FY2026. The shares trade at 0.56× book value.

Information only, not investment advice.