Price
Financials
Standalone, Rs crore| 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 | 36.66 | 27.04 | 34.61 | 38.64 | 33.70 | 31.84 | 39.41 | 40.23 | 39.90 | 41.02 | 48.60 | 52.57 |
| Expenses | 33.99 | 25.20 | 32.16 | 35.68 | 31.73 | 30.14 | 36.62 | 37.56 | 38.07 | 39.04 | 46.07 | 49.23 |
| Operating Profit | 2.67 | 1.84 | 2.45 | 2.96 | 1.97 | 1.70 | 2.79 | 2.67 | 1.83 | 1.98 | 2.53 | 3.34 |
| OPM % | 7.28% | 6.80% | 7.08% | 7.66% | 5.85% | 5.34% | 7.08% | 6.64% | 4.59% | 4.83% | 5.21% | 6.35% |
| Other Income | 0.00 | 0.08 | 0.26 | 0.09 | 0.01 | 0.22 | 0.11 | 0.07 | 0.10 | 0.51 | 0.27 | 0.12 |
| Interest | 0.29 | 0.26 | 0.23 | 0.27 | 0.15 | 0.24 | 0.29 | 0.31 | 0.26 | 0.30 | 0.22 | 0.34 |
| Depreciation | 0.37 | 0.38 | 0.40 | 0.36 | 0.50 | 0.43 | 0.43 | 0.44 | 0.45 | 0.47 | 0.48 | 0.51 |
| Profit before tax | 2.01 | 1.28 | 2.08 | 2.42 | 1.33 | 1.25 | 2.18 | 1.99 | 1.22 | 1.72 | 2.10 | 2.61 |
| Tax % | 26.87% | 27.34% | 28.37% | 24.38% | 21.05% | 43.20% | 28.90% | 35.18% | 11.48% | 11.05% | 22.38% | 24.52% |
| Net Profit | 1.46 | 0.92 | 1.49 | 1.84 | 1.04 | 0.71 | 1.54 | 1.29 | 1.08 | 1.54 | 1.63 | 1.97 |
| 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 |
| Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19 | 22 | 54 | 70 | 77 | 82 | 84 | 102 | 126 | 144 | 170 | 182 |
| Expenses | 18 | 21 | 52 | 67 | 73 | 78 | 78 | 95 | 117 | 134 | 161 | 172 |
| Operating Profit | 1 | 1 | 3 | 3 | 4 | 5 | 6 | 7 | 9 | 9 | 9 | 10 |
| OPM % | 5% | 5% | 4.7% | 4.9% | 5% | 6% | 7% | 6% | 7% | 7% | 5% | 5% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 1 | 2 | 3 | 3 | 4 | 4 | 5 | 7 | 7 | 7 | 8 |
| Tax % | 17% | 30% | 27% | 36% | 26% | 30% | 27% | 27% | 28% | 28% | 21% | |
| Net Profit | 0 | 0 | 1 | 2 | 3 | 3 | 3 | 3 | 5 | 5 | 6 | 6 |
| EPS in Rs | 2.59 | 2.50 | 1.77 | 1.87 | 2.56 | 2.84 | 2.80 | 3.30 | 4.74 | 5.10 | 5.52 | 6.21 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 29% | 32% | 0% | 36% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 16% | 19% | 25% | ||
| Compounded Profit Growth | % | 12% | 14% | 36% | ||
| Stock Price CAGR | % | 23% | 13% | -10% | ||
| Return on Equity | % | 15% | 16% | 14% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 6 | 8 | 8 | 8 | 8 | 10 | 10 | 10 | 10 |
| Reserves | 1 | 2 | 2 | 2 | 8 | 10 | 12 | 14 | 15 | 18 | 23 | 29 |
| Borrowings | 3 | 3 | 4 | 4 | 2 | 4 | 11 | 10 | 13 | 15 | 18 | 19 |
| Other Liabilities | 4 | 4 | 4 | 8 | 8 | 9 | 10 | 15 | 20 | 20 | 22 | 25 |
| Total Liabilities | 9 | 10 | 12 | 20 | 25 | 31 | 40 | 47 | 58 | 63 | 73 | 83 |
| Fixed Assets | 3 | 3 | 3 | 9 | 9 | 11 | 18 | 19 | 20 | 25 | 26 | 29 |
| CWIP | 0 | 0 | 0 | 0 | 2 | 4 | 0 | 1 | 2 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 6 | 7 | 9 | 11 | 14 | 16 | 23 | 27 | 36 | 38 | 47 | 53 |
| Total Assets | 9 | 10 | 12 | 20 | 25 | 31 | 40 | 47 | 58 | 63 | 73 | 83 |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | 0 | 0 | 2 | -2 | 2 | 2 | 2 | 2 | 5 | 4 | 5 |
| Cash from Investing Activity | 0 | 0 | 0 | -1 | -3 | -4 | -2 | -3 | -4 | -4 | -4 | -4 |
| Cash from Financing Activity | 0 | 0 | 0 | -0 | 5 | 2 | 1 | 1 | 2 | -2 | -1 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 1 | -5 | -2 | -2 | -1 | -2 | 1 | 1 | -1 |
| CFO/OP | 0% | 0% | 0% | 105% | -43% | 80% | 50% | 49% | 44% | 78% | 67% | 71% |
| Mar 2010 | Mar 2011 | Mar 2012 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 56 | 43 | 59 | 54 | 49 | 54 | 54 | 51 | 54 | 45 | 45 | 34 |
| Inventory Days | 71 | 96 | 90 | 15 | 24 | 24 | 52 | 92 | 94 | 90 | 102 | 110 |
| Days Payable | 69 | 71 | 61 | 45 | 19 | 26 | 21 | 29 | 39 | 21 | 13 | 21 |
| Cash Conversion Cycle | 59 | 68 | 88 | 24 | 54 | 52 | 86 | 114 | 109 | 114 | 135 | 122 |
| Working Capital Days | 52 | 65 | 27 | 3 | 29 | 31 | 33 | 45 | 49 | 46 | 48 | 46 |
| ROCE % | 15% | 14% | 21% | 18% | 16% | 15% | 16% | 19% | 17% | 14% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 36.10% | 36.10% | 36.10% | 36.22% | 36.22% | 36.68% | 36.78% | 36.78% | 37.06% | 37.40% | 37.52% | 37.68% |
| Public | 63.90% | 63.90% | 63.90% | 63.78% | 63.78% | 63.33% | 63.23% | 63.22% | 62.95% | 62.60% | 62.48% | 62.32% |
| No. of Shareholders | 980 | 1,143 | 1,578 | 2,398 | 3,274 | 3,270 | 3,181 | 3,059 | 2,933 | 2,913 | 2,873 | 2,859 |
Fundamentals
Market Cap₹ 175 Cr.
Current Price₹ 174
Stock P/E28.1
Book Value₹ 38.8
ROCE14.0 %
ROE13.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)25%
Compounded Profit Growth (TTM)36%
Standalone figures.
Valuation
Market capRs 174 Cr
Enterprise valueRs 191 Cr
P/E (TTM)27.90x
Price to book4.46x
Price to sales0.95x
EV / EBITDA17.90x
EV / EBIT21.80x
EV / sales1.05x
Price to cash flow35.92x
Earnings yield3.58%
P/E, 3-year average33.92x
P/B, 3-year average5.24x
P/E, 5-year average32.71x
P/B, 5-year average4.78x
Profitability
Operating margin (excl. other income)5.31%
Operating margin (incl. other income)5.87%
EBITDA margin5.87%
Pre-tax margin4.20%
Net profit margin3.42%
Net margin, latest quarter3.75%
ROE15.32%
ROCE14.93%
ROA7.11%
ROE, 3-year average16.62%
ROCE, 3-year average17.08%
ROA, 3-year average7.50%
ROE, 5-year average15.55%
ROCE, 5-year average16.28%
ROA, 5-year average7.05%
ROIC (approx.)12.21%
Tax rate21.19%
Other income / net worth2.44%
Growth
Sales growth (latest year)18.23%
Profit growth (latest year)8.20%
Sales CAGR, 3 years18.67%
Sales CAGR, 5 years15.54%
Profit CAGR, 3 years18.73%
Profit CAGR, 5 years14.30%
Sales growth QoQ8.17%
Profit growth QoQ20.86%
Sales growth YoY (latest quarter)30.67%
Profit growth YoY (latest quarter)52.71%
Per share
EPS (TTM)Rs 6.20
EPS (latest year)Rs 5.52
EPS (latest quarter)Rs 1.96
EPS, 3-year averageRs 5.12
EPS, 5-year averageRs 4.48
Book value per shareRs 38.80
Sales per shareRs 181.55
Cash flow per shareRs 4.82
Free cash flow per shareRs -1.00
Dividend per share, 5-year averageRs 1.20
Dividends
Dividend payout, 5-year average36.25%
Efficiency
Asset turnover2.06x
Fixed asset turnover5.85x
Inventory turnover4.03x
Inventory days91 days
Debtor days34 days
Debtors turnover10.81x
Creditor days21 days
Cash conversion cycle122 days
Working capital days46 days
Leverage
Total debtRs 19 Cr
Cash and bankRs 1 Cr
Net debtRs 18 Cr
Debt to equity0.48x
Net debt / EBITDA1.66x
Interest coverage7.83x
Owners' fund to total sources47.17%
Debt to assets22.55%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Cash from ops / profit, 5 years0.82x
Sales to cash flow35.15x
Statement figures
Net sales (TTM)Rs 182 Cr
Net sales (latest year)Rs 170 Cr
Sales (latest quarter)Rs 53 Cr
Operating profit excl. other income (latest year)Rs 9 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 10 Cr
Profit before tax (TTM)Rs 8 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 6 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 133 Cr
Total expenditure (latest year)Rs 161 Cr
Total income (latest year)Rs 171 Cr
Share capitalRs 10 Cr
ReservesRs 29 Cr
Shareholders' fundsRs 39 Cr
Total assetsRs 83 Cr
Net blockRs 29 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 16 Cr
InventoryRs 33 Cr
Other liabilitiesRs 25 Cr
Shares outstanding (crore)1.00
Ownership
Promoter holding37.68% (+0.90 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 27.9 is at the 40th percentile of its own 8.1-year range
(median 31.6, low 10.9, high 65.3).
P/B 4.46 is at the 43th percentile (median 4.78).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 542013 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.7% | -2.8% | +2.1 pts |
| 1 month | +3.6% | -6.8% | +10.4 pts |
| 3 months | -0.9% | -7.6% | +6.7 pts |
| 3 years | +44.3% | +14.2% | +30.1 pts |
| 5 years | +181.3% | +27.9% | +153.4 pts |
Red flags
F-score 5 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹53 Cr +30.7% vs Jun 2025.
Net profit ₹2 Cr +52.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| MRF Ltd | 52,200 | 21.2 | 15.7 % |
| Balkrishna Industries Ltd | 41,103 | 29.2 | 11.2 % |
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| CEAT Ltd | 13,106 | 20.6 | 19.2 % |
| JK Tyre & Industries Ltd | 9,652 | 13.4 | 15.5 % |
| TVS Srichakra Ltd | 3,391 | 33.1 | 7.85 % |
| Goodyear India Ltd | 1,627 | 26.5 | 17.4 % |
| Megamont Ltd | 589 | 66.8 | 23.0 % |
| Tolins Tyres Ltd | 341 | 10.5 | 13.0 % |
| Modi Rubber Ltd | 311 | 31,073 | 0.71 % |
| Indag Rubber Ltd | 265 | 19.3 | 5.07 % |
| Emerald Tyre Manufacturers Ltd | 146 | 14.2 | 12.3 % |
| Viaz Tyres Ltd | 121 | 23.0 | 13.0 % |
| Innovative Tyres & Tubes Ltd | 62 | 1.09 % | |
| Tirupati Innovar Limited | 46 | 70.4 | 1.44 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Dolfin Rubbers Ltd?
Dolfin Rubbers Ltd (542013) has a market capitalisation of Rs 175 Cr. at the 2026-10-01 close.
What is the P/E ratio of Dolfin Rubbers Ltd?
Dolfin Rubbers Ltd trades at a P/E of 28.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Dolfin Rubbers Ltd's latest quarterly results?
In the Jun 2026 quarter, Dolfin Rubbers Ltd sales was Rs 53 Cr (+30.7% vs Jun 2025) and net profit was Rs 2 Cr.