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Fortune Tire Tech Ltd. (India)

Main Activities: Other Services (except Public Administration)
Full name: Fortune Tire Tech Ltd. Profile Updated: February 22, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Fortune Tire Tech is a tire retreading company. In a joint venture with M/s. Vamshi Rubber Limited, the company uses German and Italian equipment for tubeless, radial, and bias tire retreading, including laser shearography for tire inspection, laser buffer for tire buffing, and laser builder for tread building. They also manufacture raw materials for retreading and use computerized, PLC-operated tire building machines and curing chambers. With a team that combines craftsmanship and technology, Fortune Tire Tech offers retread options to meet the needs of fleet operators.

Legal Address
Survey No: 83/E, Toopranpet Village, Choutuppal Mandal, Bhongiri Yadadri, Choutuppal
Nalgonda; Telangana; Postal Code: 508252

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Website: http://www.fortunetiretech.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
February 23, 2011
Key Executives
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Director
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Director
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Director
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Managing Director
Ownership Details
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36.9%
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32.01%
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16.16%
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11.35%
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3.26%
Company Performance
Financial values in the chart are available after Fortune Tire Tech Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
12.83%
Total operating revenue
3.55%
Operating profit (EBIT)
-45.42%
EBITDA
-17.73%
Net Profit (Loss) for the Period
N/A
Total assets
-0.78%
Total equity
-9.55%
Operating Profit Margin (ROS)
-2.28%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
21.39%
Quick Ratio
0.26%
Cash Ratio
-0%

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