ELGI Rubber Co
- Market cap
- ₹ 242 Cr.
- P/E
- 157.7x
- P/B
- 3.33x
- 52-week range
- 32.72 – 69.99
- ROE
- −67%
- ROCE
- −13%
- Dividend yield
- 0%
- Debt / equity
- 4.13
- Sector
- Industrial Products
- Industry
- Rubber
- Listed on
- NSE
About
ELGI Rubber Co Ltd is engaged in providing solutions to the rubber industry. It is also engaged in the business of manufacturing reclaimed rubber, retreading machinery, and retreading rubber. It sells its products through various brands, including Jet, CRS, Armonas, Pincott, Carbrasive, Midwest Rubber, Westernweld, Rubber Resources and Kooltread. Its products include tire retreading and repair machinery, retreading and repair tools, curing system, repairs, retreading consumables, and reclaim rubber. Its tire retreading and repair machinery includes an inspection spreader, buffing machine, building machine, envelope spreader, electric autoclave, and others. Its retreading and repair tools include RASP blades, full circle RASP blades, and others. Its curing system includes ultra series inside envelope, ultra series outside envelope, max series outside envelope, flexseal, inside & outside envelope seal, and others. Its reclaim rubber products include Butyl, Chloro Butyl, and WTR.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Rubber: 14 companies →ELGI Rubber Co 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)157.7 against a typical 22.3: pricier than most peers (1st = cheapest).14th of 14
- Sales growth−18.6% against a typical +27.2% from a year earlier.12th of 12
- Share price, 3 months−14.1% against a typical −12.2%.8th of 14
- Size₹ 242.5 Cr. market value against a typical ₹ 269.7 Cr. (1st = largest).9th of 14
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB+ by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BB+ | Stable | 20 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 20 Nov 2025 | ▲ Upgrade | IVR BB+ | — | Infomerics | ₹ 326.36 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 12 Aug 2026 | Financial Results/Other business matters | To consider and approve the unaudited financial results for the period ended June 30, 2026 and other business matters |
| 28 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the quarter and nine months ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 14 Aug 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended Jun 30, 2025 |
| 29 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ 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 | 101 | 95 | 95 | 97 | 99 | 91 | 97 | 86 | 94 | 100 | 86 | 70 |
| Expenses | 89 | 90 | 93 | 92 | 93 | 81 | 112 | 84 | 93 | 124 | 128 | 67 |
| Operating Profit | 13 | 5 | 2 | 5 | 6 | 10 | −15 | 2 | 2 | −24 | −41 | 3 |
| OPM % | 12% | 4.8% | 2.1% | 5% | 6% | 11% | −15% | 1.9% | 1.8% | −24% | −48% | 3.7% |
| Other Income | 9 | 6 | 8 | 27 | −1 | −2 | 8 | 9 | 3 | 5 | −147 | 53 |
| Interest | 6 | 7 | 6 | 7 | 3 | 7 | 8 | 7 | 7 | 12 | 7 | 8 |
| Depreciation | 5 | 6 | 4 | 4 | 7 | 4 | 3 | 4 | 4 | 4 | 6 | 3 |
| Profit before tax | 12 | −2 | −1 | 20 | −5 | −3 | −18 | 0 | −6 | −35 | −201 | 44 |
| Tax % | 13% | −18% | 128% | 1% | −9% | 25% | −4% | 2,617% | 1% | −17% | 2% | 8% |
| Net Profit | 10 | −2 | −2 | 20 | −4 | −4 | −17 | −2 | −6 | −29 | −204 | 41 |
| EPS in Rs | 2.04 | −0.38 | −0.34 | 4.05 | −0.83 | −0.7 | −3.4 | −0.3 | −1.2 | −5.73 | −40.77 | 8.16 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 0%
- 5 Years
- 1%
- 3 Years
- −2%
- TTM
- −6%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −202%
- 10 Years
- 6%
- 5 Years
- 9%
- 3 Years
- 3%
- TTM
- —
- 10 Years
- −9%
- 5 Years
- −13%
- 3 Years
- −22%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| ELGI Rubber Co | ₹ 49.89 | ₹ 242 Cr. | 157.7x | 3.3x | −67% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Sudarsan Varadaraj
- Executive Chairman of the Board, Managing Director
- S. R. Venkatachalam
- Chief Financial Officer
- G. Sasikumar
- Compliance Officer, Company Secretary
- Harsha Varadaraj
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.