Indag Rubber Q1 FY27 Share Price & Earnings Call Analysis

₹103.25-0.19% today
Market cap
₹271 Cr
P/E
19.74
ROE
4.44%
Price to sales
1.13
Debt to equity
0.08
52W high / low
₹140 / ₹81.8
Sales growth (5Y)
4.78%
EBITDA margin
5.89%
Net profit margin
3.76%
Promoter holding
73.34%
Sales (last year)
₹240 Cr

Incorporated in 1978, INDAG Rubber Ltd manufactures and sells Precured Tread Rubber and allied products[1]

Potential multibaggers · Q2 FY27

Potential multibaggers in Auto Components
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Auto Components companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Flat₹2,874 Cr45.4
240%+Flat₹2,116 Cr55.2
340%+Flat₹370 Cr15.1
420–40%Up 2%+₹25,664 Cr73.6
520–40%Up 0–2%₹21,742 Cr33.9
620–40%Up 0–2%₹11,707 Cr41.0

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Financials of Indag Rubber

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Indag Rubber

Quarterly Results

Quarter-by-quarter operating performance

Sep 2021Dec 2021Mar 2022Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +45.4745.9344.2364.1762.3361.3255.5762.0955.6955.0745.0152.5356.18
Expenses +44.6245.8944.0759.5058.3958.2054.6660.6456.0255.3644.7549.4753.43
Operating Profit0.850.040.164.673.943.120.911.45-0.33-0.290.263.062.75
OPM %1.87%0.09%0.36%7.28%6.32%5.09%1.64%2.34%-0.59%-0.53%0.58%5.83%4.89%
Other Income +0.793.631.692.342.352.512.374.162.582.712.882.642.55
Interest0.050.040.030.140.250.170.250.250.250.230.230.250.20
Depreciation0.811.571.031.291.351.381.621.661.681.661.711.761.72
Profit before tax0.782.060.795.584.694.081.413.700.320.531.203.693.38
Tax %58.97%7.77%25.32%22.40%25.37%26.23%30.50%16.22%62.50%1.89%29.17%22.49%25.44%
Net Profit +0.341.900.604.343.503.000.983.100.130.510.852.862.52
EPS in Rs0.190.710.231.781.361.220.561.340.180.410.511.231.12

Financials of Indag Rubber

Profit & Loss

Annual income statement trend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025TTM
Sales +185168173187170167251228209
Expenses +155148158171154167234227203
Operating Profit302115161601726
OPM %16%12%9%9%9%0%7%1%3%
Other Income +6755-97101211
Interest122000111
Depreciation344434577
Profit before tax32221417432069
Tax %31%27%22%20%21%18%24%21%
Net Profit +22161114321657
EPS in Rs8.336.014.105.120.970.796.152.493.27
Dividend Payout %29%40%59%47%248%304%49%96%

Financials of Indag Rubber

Balance Sheet

Capital structure and asset base

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Sep 2025
Equity Capital555555555
Reserves171182186182192201221222225
Borrowings +15131211001099
Other Liabilities +352927283927353733
Total Liabilities226228230226237234271274272
Fixed Assets +494644412545646058
CWIP00110191000
Investments90104967991112122128143
Other Assets +8778899510175858672
Total Assets226228230226237234271274272

Financials of Indag Rubber

Cash Flows

Operating, investing and financing cash movement

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Cash from Operating Activity +817010158183
Cash from Investing Activity +-15-8103-9-3-111
Cash from Financing Activity +9-10-10-15-5-7-4-7
Net Cash Flow2-1-1-21-13-3
Free Cash Flow-1115-2-3346-0
CFO/OP57%112%30%94%113%3,600%139%305%

Financials of Indag Rubber

Ratios

Working capital efficiency and return ratios

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025
Debtor Days5863737463493740
Inventory Days14011112111112211988102
Days Payable6249464852564548
Cash Conversion Cycle1361251471371341138094
Working Capital Days931061271261281037181
ROCE %12%8%9%9%1%3%

What Indag Rubber's management said in earlier quarters

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