ELGIRUBCO

Elgi Rubber Company Limited

Tyre retreading materials and equipment manufacturer

Industrials›Capital Goods›Industrial Products›Rubber

elgirubber.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹54.41
Market cap
272 Cr
Stock P/E
Loss (TTM EPS ₹-39.53)
P/B
3.60
Dividend yield
0.0%
ROE (FY26)
-317.4%
ROCE (FY26)
-53.9%
Operating margin (FY26)
-21.7%
Debt / equity (FY26)
4.13
OCF / EBITDA (3Y)
51.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Elgi Rubber supplies machinery, tools, curing systems and rubber consumables such as pre-cured tread rubber, plus reclaim rubber, to tyre retreaders and tyre makers.

Company snapshot

7thBy market cap

Ranked among 8 companies in Rubber.

What we see

Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
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Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales101 Cr95 Cr95 Cr97 Cr99 Cr91 Cr97 Cr86 Cr94 Cr100 Cr86 Cr70 Cr
Operating expenses (approx.)89 Cr90 Cr93 Cr92 Cr93 Cr81 Cr112 Cr84 Cr93 Cr124 Cr128 Cr67 Cr
EBITDA13 Cr5 Cr2 Cr5 Cr6 Cr10 Cr-15 Cr2 Cr2 Cr-24 Cr-41 Cr3 Cr
OPM %12.4%4.8%2.1%5.0%6.2%11.1%-15.0%1.8%1.8%-23.5%-48.0%3.7%
Other income0.90 Cr6 Cr5 Cr12 Cr-0.72 Cr-2 Cr7 Cr9 Cr3 Cr5 Cr9 Cr10 Cr
Interest6 Cr7 Cr6 Cr7 Cr3 Cr7 Cr8 Cr7 Cr7 Cr12 Cr7 Cr8 Cr
Depreciation5 Cr6 Cr4 Cr4 Cr7 Cr4 Cr3 Cr4 Cr4 Cr4 Cr6 Cr3 Cr
Profit before tax12 Cr-2 Cr-0.75 Cr20 Cr-5 Cr-3 Cr-18 Cr0.05 Cr-6 Cr-35 Cr-201 Cr44 Cr
Tax %12.8%17.7%-126.9%1.0%9.1%-24.5%3.6%2941.5%-1.2%17.3%-1.8%8.2%
Net profit10 Cr-2 Cr-2 Cr20 Cr-4 Cr-3 Cr-17 Cr-2 Cr-6 Cr-29 Cr-204 Cr41 Cr
EPS (₹)₹2.04₹-0.38₹-0.34₹4.05₹-0.82₹-0.70₹-3.40₹-0.30₹-1.20₹-5.73₹-40.77₹8.16

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales389 Cr379 Cr410 Cr367 Cr343 Cr390 Cr394 Cr386 Cr384 Cr366 CrSign in free for the trailing twelve months
Operating expenses (approx.)368 Cr361 Cr399 Cr369 Cr323 Cr384 Cr378 Cr362 Cr377 Cr428 CrSign in free for the trailing twelve months
EBITDA21 Cr18 Cr11 Cr-2 Cr20 Cr5 Cr17 Cr25 Cr6 Cr-62 CrSign in free for the trailing twelve months
OPM %5.4%4.7%2.7%-0.6%5.7%1.4%4.2%6.4%1.7%-16.8%Sign in free for the trailing twelve months
Other income13 Cr13 Cr8 Cr16 Cr14 Cr21 Cr25 Cr22 Cr16 Cr25 CrSign in free for the trailing twelve months
Interest15 Cr17 Cr18 Cr19 Cr16 Cr16 Cr23 Cr25 Cr26 Cr32 CrSign in free for the trailing twelve months
Depreciation18 Cr18 Cr18 Cr17 Cr17 Cr18 Cr16 Cr19 Cr18 Cr18 CrSign in free for the trailing twelve months
Profit before tax-2 Cr-5 Cr-16 Cr-15 Cr3 Cr-16 Cr10 Cr14 Cr-5 Cr-241 CrSign in free for the trailing twelve months
Tax %-157.6%-21.8%1.7%-4.7%66.1%-4.9%32.9%14.9%3.2%0.3%Sign in free for the trailing twelve months
Net profit-4 Cr-6 Cr-16 Cr-15 Cr1 Cr-16 Cr7 Cr12 Cr-4 Cr-240 CrSign in free for the trailing twelve months
EPS (₹)₹-0.80₹-1.13₹-3.22₹-3.04₹0.22₹-3.27₹1.35₹2.33₹-0.87₹-48.00Sign in free for the trailing twelve months
Dividend payout %————7.4%—0.0%0.3%——Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr5 Cr
Reserves244 Cr234 Cr218 Cr181 Cr178 Cr166 Cr179 Cr185 Cr174 Cr71 Cr
Borrowings246 Cr280 Cr261 Cr248 Cr243 Cr247 Cr271 Cr306 Cr269 Cr313 Cr
Other liabilities61 Cr69 Cr88 Cr92 Cr68 Cr82 Cr78 Cr70 Cr72 Cr46 Cr
Total liabilities556 Cr588 Cr572 Cr525 Cr494 Cr500 Cr533 Cr566 Cr520 Cr434 Cr
Fixed assets (net)210 Cr226 Cr207 Cr192 Cr195 Cr190 Cr202 Cr216 Cr132 Cr109 Cr
CWIP30 Cr29 Cr31 Cr33 Cr21 Cr17 Cr22 Cr16 Cr8 Cr12 Cr
Investments7 Cr9 Cr8 Cr4 Cr13 Cr19 Cr29 Cr44 Cr36 Cr31 Cr
Loans & advances——————0.31 Cr0.35 Cr0.45 Cr0.63 Cr
Inventories121 Cr140 Cr142 Cr136 Cr110 Cr100 Cr109 Cr110 Cr121 Cr83 Cr
Trade receivables61 Cr54 Cr61 Cr50 Cr54 Cr73 Cr67 Cr62 Cr69 Cr58 Cr
Cash & bank7 Cr7 Cr6 Cr4 Cr10 Cr4 Cr4 Cr4 Cr11 Cr5 Cr
Other assets120 Cr124 Cr117 Cr107 Cr92 Cr97 Cr99 Cr113 Cr142 Cr135 Cr
Total assets556 Cr588 Cr572 Cr525 Cr494 Cr500 Cr533 Cr566 Cr520 Cr434 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-6 Cr7 Cr33 Cr38 Cr63 Cr9 Cr27 Cr6 Cr-8 Cr-11 Cr
Cash from investing-1 Cr-21 Cr2 Cr15 Cr2 Cr-9 Cr-29 Cr-16 Cr77 Cr-6 Cr
Cash from financing4 Cr13 Cr-37 Cr-54 Cr-60 Cr-6 Cr2 Cr10 Cr-62 Cr11 Cr
Net cash flow-4 Cr0.10 Cr-1 Cr-1 Cr6 Cr-6 Cr-0.32 Cr-0.20 Cr7 Cr-6 Cr
Free cash flow (OCF − Capex)-20 Cr-26 Cr20 Cr22 Cr61 Cr-3 Cr-22 Cr-19 Cr-31 Cr-18 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %2.8%2.4%0.3%1.1%4.4%0.0%7.3%7.9%4.7%-53.9%
ROE %-1.6%-2.4%-7.2%-8.2%0.6%-9.5%3.7%6.1%-2.4%-317.4%
Debtor days57525449576962586658
Inventory days262295322309261194224242268157
Days payable627210612110511092999941
Cash conversion cycle257275271238213153195201235175
OCF / EBITDA %-30.3%41.3%n.m.—320.4%n.m.159.8%24.2%n.m.—
OCF / EBITDA % (3 years)——69.1%n.m.n.m.n.m.237.1%89.8%51.4%—
Debt / equity0.991.181.171.341.331.441.471.611.504.13
Current ratio1.171.011.060.990.920.800.780.831.100.86
Net debt / EBITDA11.38—23.15———15.9312.1639.81—