Indag Rubber
- Market cap
- ₹ 268 Cr.
- P/E
- 19.1x
- P/B
- 1.14x
- 52-week range
- 77.36 – 146.75
- ROE
- 4%
- ROCE
- 5%
- Dividend yield
- 2.4%
- Debt / equity
- 0.08
- Sector
- Auto Components
- Industry
- Tyres & Rubber Products
- Listed on
- BSE
About
Indag Rubber Limited is an India-based tread manufacturing company. The Company’s segments include Precured Tread Rubber and allied products/services and Electronics including green energy storage. It is focused on manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum, and Rubber Cement, which are used for retreading of tires and providing tire retreading service. The Company manufactures un-vulcanized rubber strip gum, universal spray cement and full skirt tire envelopes for the tire retreading industry. Its Precured Tread Rubber is used for various types of requirements, such as truck bus tires, light commercial vehicles, passenger vehicles’ tires, agricultural vehicles tires and off-road tires. Its pre-cured tread rubber is a vulcanized rubber belt and is suitable to perform on various road applications, such as long-haul, short-haul, hilly terrain and mines. The Company’s plants are located at Solan, Himachal Pradesh and Alwar, Rajasthan.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Tyres & Rubber Products: 20 companies →Indag Rubber 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)19.1 against a typical 21.4: cheaper than most peers (1st = cheapest).8th of 20
- Sales growth+55.7% against a typical +21.4% from a year earlier.3rd of 16
- Profit growth+492.9% against a typical −12.9% from a year earlier.2nd of 15
- Share price, 3 months+10.4% against a typical −7.3%.3rd of 20
- Size₹ 267.6 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).11th of 20
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 | 64 | 62 | 61 | 56 | 62 | 56 | 55 | 45 | 53 | 56 | 61 | 70 |
| Expenses | 60 | 58 | 58 | 55 | 61 | 56 | 55 | 45 | 49 | 53 | 58 | 64 |
| Operating Profit | 5 | 4 | 3 | 1 | 1 | −0 | −0 | 0 | 3 | 3 | 3 | 6 |
| OPM % | 7.3% | 6.3% | 5.1% | 1.6% | 2.3% | −0.6% | −0.5% | 0.6% | 5.8% | 4.9% | 4.3% | 8.1% |
| Other Income | 2 | 2 | 3 | 2 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 6 | 5 | 4 | 1 | 4 | 0 | 1 | 1 | 4 | 3 | 3 | 7 |
| Tax % | 22.4% | 25.4% | 26.2% | 30.5% | 16.2% | 62.5% | 1.9% | 29.2% | 22.5% | 30.8% | 35.7% | 25.2% |
| Net Profit | 4 | 4 | 3 | 1 | 3 | 0 | 1 | 1 | 3 | 2 | 2 | 5 |
| EPS in Rs | 1.78 | 1.36 | 1.22 | 0.56 | 1.34 | 0.18 | 0.41 | 0.51 | 1.23 | 1.05 | 1.02 | 1.93 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 5%
- 3 Years
- —
- TTM
- 10%
- 10 Years
- —
- 5 Years
- −2%
- 3 Years
- —
- TTM
- 115%
- 10 Years
- −4%
- 5 Years
- 5%
- 3 Years
- −11%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 5%
- 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.
| Indag Rubber | ₹ 105.80 | ₹ 268 Cr. | 19.1x | 1.1x | 4% | — |
| MRF | ₹ 1,18,300.00 | ₹ 50,213 Cr. | 22.3x | 2.6x | 12.3% | 7.8% |
| Balkrishna Industries | ₹ 2,125.00 | ₹ 41,080 Cr. | 32.1x | 3.6x | 11.7% | 11.5% |
| Apollo Tyres | ₹ 384.40 | ₹ 24,342 Cr. | 13.3x | 1.6x | 8.7% | 4.8% |
| CEAT | ₹ 3,070.90 | ₹ 12,448 Cr. | 19.2x | 2.9x | — | 3.6% |
| JK Tyre & Industries | ₹ 309.60 | ₹ 8,925 Cr. | 13x | 1.9x | — | — |
Management
- Nand Lal Khemka
- Executive Chairman of the Board, Managing Director
- Vijay Shrinivas
- Chief Executive Officer, Whole-time Director
- Sonal Garg
- Compliance Officer, Company Secretary
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