Dolfin Rubbers

BSE: 542013

₹ 180.90▲ 5.7 (+3.25%)28 Oct, 03:21 pm IST

Market cap: ₹ 174 Cr.
P/E: 29.1x
P/B: 4.43x
52-week range: 160 – 199
ROE: 14%
ROCE: 14%
Dividend yield: 0%
Debt / equity: 0.48
Sector: Auto Components
Industry: Tyres & Rubber Products
Listed on: BSE

About

Dolfin Rubbers Limited is an India-based company, which is engaged in the business of manufacturing of auto tubes and auto tires. The Company is a manufacturer, exporter and supplier of tires (tube type/tubeless) for two-wheeler/three-wheeler, E-rickshaw tires, tubes for moped, scooter/E-rickshaw, motorcycle, car (Bias), car radial, SCV (Bias), animal driven vehicles (ADV) tubes, tractor front, LCV/tractor trailer, bus/truck, tractor rear, OTR tubes, industrial tubes, and flaps. It also manufactures Butyl Rubber Tubes in all sizes. It offers E-Bike Tires; Motorcycle Tires; Motorcycle Tires (Rear); Scooter Tire (Rear); Motorcycle Rear Tires; Motorcycle Rear tire DZ/DAZ; Motorcycle Tire YK/YAK, and others. It is also specialized in manufacturing custom rubber compounds. It also offers moped tubes; scooter tubes; motorcycle tubes; car (bias) tubes; car radial tubes, and others. Through a network of distributors, it has a presence in over 27 states and union territories of India.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Tyres & Rubber Products: 20 companies →

Dolfin Rubbers against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

Valuation (P/E)29.1 against a typical 21.4: pricier than most peers (1st = cheapest).15th of 20
Sales growth+30.7% against a typical +21.4% from a year earlier.4th of 16
Profit growth+52.7% against a typical −12.9% from a year earlier.6th of 15
Share price, 3 months+5.2% against a typical −7.3%.5th of 20
Size₹ 173.5 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).12th of 20

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	37	27	35	39	34	32	39	40	40	41	49	53
Expenses	34	25	32	36	32	30	37	38	38	39	46	49
Operating Profit	3	2	2	3	2	2	3	3	2	2	3	3
OPM %	7.3%	6.8%	7.1%	7.7%	5.9%	5.3%	7.1%	6.6%	4.6%	4.8%	5.2%	6.4%
Other Income	0	0	0	0	0	0	0	0	0	1	0	0
Interest	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	1	0	0	0	0	0	0	1
Profit before tax	2	1	2	2	1	1	2	2	1	2	2	3
Tax %	26.9%	27.3%	28.4%	24.4%	21.1%	43.2%	28.9%	35.2%	11.5%	11.1%	22.4%	24.5%
Net Profit	1	1	1	2	1	1	2	1	1	2	2	2
EPS in Rs	1.46	0.92	1.49	1.83	1.04	0.71	1.54	1.29	1.08	1.54	1.63	1.96

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth

10 Years: —
5 Years: 16%
3 Years: 19%
TTM: 25%

Compounded Profit Growth

10 Years: —
5 Years: 12%
3 Years: 14%
TTM: 36%

Stock Price CAGR

10 Years: —
5 Years: 24%
3 Years: 10%
TTM: —

Return on Equity

10 Years: —
5 Years: 15%
3 Years: 16%
TTM: —

Shareholding

Latest: Jun 2026.

Promoters

37.68%

+0.9 pts in a year

Public

62.32%

−0.9 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 29.1xEPS (12 months) ₹ 6.20Median P/E 32x

P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison

Dolfin Rubbers	₹ 180.90	₹ 174 Cr.	29.1x	4.4x	14%	—
MRF	₹ 1,18,300.00	₹ 50,213 Cr.	21.2x	2.5x	—	7.6%
Balkrishna Industries	₹ 2,125.00	₹ 41,080 Cr.	33.7x	3.8x	—	12.2%
Apollo Tyres	₹ 384.40	₹ 24,342 Cr.	12.3x	1.5x	—	5.8%
CEAT	₹ 3,070.90	₹ 12,448 Cr.	17.8x	2.7x	—	3.6%
JK Tyre & Industries	₹ 309.60	₹ 8,925 Cr.	11.2x	1.7x	—	—

Management

Kanwaljit Singh: Executive Chairman of the Board
Celespreet Kaur: Chief Financial Officer
Dilpreet Kaur: Compliance Officer, Company Secretary
Surinder Pal Singh: Joint Managing Director, Executive Director
Ratinder Kaur: Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.