MarketFriction

Elgi Rubber Company Ltd

NSE ELGIRUBCO · Rubber
₹51.38 -3.82%
NSE close2026-10-01
52 week range32.72 - 70.00
Market cap₹265 Cr.
Price band 20% Delivery 66.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales10195959799919786941008670
Expenses899093929381112849312412867
Operating Profit13525610-1522-24-413
OPM %12%4.8%2.1%5.0%6%11%-15%1.9%1.8%-24%-48%3.7%
Other Income96827-1-28935-14753
Interest6767378771278
Depreciation564474344463
Profit before tax12-2-120-5-3-180-6-35-20144
Tax %13%-18%128%1%-9%25%-4%2,617%1%-17%2%8%
Net Profit10-2-220-4-4-17-2-6-29-20441
EPS in Rs2.04-0.38-0.344.05-0.83-0.70-3.40-0.30-1.20-5.73-40.778.16
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales362375377410368343390394386384366351
Expenses348354359398371323384378362377428412
Operating Profit15211811-220517256-62-61
OPM %4.0%6%4.7%2.8%-0.6%6%1.4%4.2%6%1.7%-17%-17%
Other Income1011128241613333333-130-86
Interest151517181916162325263233
Depreciation211818181717181619181817
Profit before tax-11-2-5-16-153-161014-5-241-197
Tax %6%157%22%-2%5%66%5%33%15%-3%-0%
Net Profit-11-4-6-16-151-16712-4-240-198
EPS in Rs-2.29-0.81-1.13-3.22-3.040.22-3.271.352.33-0.87-48.00-39.54
Dividend Payout %-16%-16%0%0%-5%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth0%1%-2%-6%
Compounded Profit Growth%%%-202%
Stock Price CAGR5%7%1%-21%
Return on Equity-9%-13%-22%-67%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital555555555555
Reserves26225724423421818117816617918517471
Borrowings201245246297285268243247271307270313
Other Liabilities856161536471688178697146
Total Liabilities553568556588572525494500533566520434
Fixed Assets245258234245226208209205228245162123
CWIP22383029313321172216812
Investments117984131929403231
Other Assets284271284306308281252260255264318267
Total Assets553568556588572525494500533566520434
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity5082-6733374916276-8-11
Cash from Investing Activity-93-83-1-212162-9-29-1677-6
Cash from Financing Activity21-14413-37-54-47-12210-6211
Net Cash Flow-22-15-40-1-15-6-0-07-6
Free Cash Flow-48-5-15-173346504-5-875-14
CFO/OP20,752%578%-19%48%296%-1,559%244%299%167%23%-134%18%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days546059505549576962586658
Inventory Days175231250280260281246186215226244149
Days Payable80855968861109910688929039
Cash Conversion Cycle149206250262229221204149189192220169
Working Capital Days2002-28-14-26-52-67-75-71-16-79
ROCE %-2%1%2%2%0%-1%4%2%6%6%0%-13%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters65.03%65.03%65.03%65.03%65.03%65.03%65.03%65.03%65.03%65.03%65.03%65.03%
FIIs0.00%0.00%0.01%0.01%0.00%0.01%0.00%0.00%0.00%0.06%0.00%0.00%
DIIs1.46%1.46%1.46%1.10%0.95%0.95%0.95%0.95%0.94%0.94%0.94%0.94%
Government2.36%2.36%2.36%2.36%2.36%2.36%2.36%2.36%2.36%2.36%2.36%2.36%
Public31.15%31.15%31.14%31.50%31.66%31.65%31.66%31.66%31.67%31.61%31.67%31.67%
No. of Shareholders14,43213,36014,77214,53913,77116,51916,79016,44916,94016,59216,50516,391

Fundamentals

Market Cap₹ 265 Cr.
Current Price₹ 52.9
Book Value₹ 15.1
ROCE-12.9 %
ROE-67.5 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-6%
Compounded Profit Growth (TTM)-202%
Consolidated figures.
Valuation
Market capRs 257 Cr
Enterprise valueRs 542 Cr
Price to book3.40x
Price to sales0.73x
EV / sales1.55x
Earnings yield-76.95%
P/E, 3-year average20.86x
P/B, 3-year average1.78x
P/E, 5-year average21.27x
P/B, 5-year average1.46x
Profitability
Operating margin (excl. other income)-16.82%
Operating margin (incl. other income)-52.18%
EBITDA margin-41.69%
Pre-tax margin-56.02%
Net profit margin-56.37%
Net margin, latest quarter58.28%
ROE-188.57%
ROCE-49.95%
ROA-50.35%
ROE, 3-year average-61.57%
ROCE, 3-year average-12.42%
ROA, 3-year average-16.34%
ROE, 5-year average-38.02%
ROCE, 5-year average-5.92%
ROA, 5-year average-10.20%
ROIC (approx.)-45.16%
Tax rate0.34%
Other income / net worth-171.19%
Growth
Sales growth (latest year)-4.54%
Sales CAGR, 3 years-2.42%
Sales CAGR, 5 years1.33%
Sales growth QoQ-18.82%
Sales growth YoY (latest quarter)-18.10%
Per share
EPS (TTM)Rs -39.54
EPS (latest year)Rs -48.00
EPS (latest quarter)Rs 8.16
EPS, 3-year averageRs -15.51
EPS, 5-year averageRs -9.69
Book value per shareRs 15.12
Sales per shareRs 70.13
Cash flow per shareRs -2.30
Free cash flow per shareRs -2.80
Efficiency
Asset turnover0.84x
Fixed asset turnover2.97x
Inventory turnover3.20x
Inventory days114 days
Debtor days58 days
Debtors turnover6.27x
Creditor days39 days
Cash conversion cycle169 days
Working capital days-79 days
Leverage
Total debtRs 313 Cr
Cash and bankRs 28 Cr
Net debtRs 285 Cr
Debt to equity4.13x
Interest coverage-4.95x
Owners' fund to total sources17.44%
Debt to assets72.06%
Cash flow
Cash from Operating Activity (latest year)Rs -11 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs 11 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs 29 Cr
Statement figures
Net sales (TTM)Rs 351 Cr
Net sales (latest year)Rs 366 Cr
Sales (latest quarter)Rs 70 Cr
Operating profit excl. other income (latest year)Rs -62 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs -86 Cr
EBITDA (TTM)Rs -146 Cr
PBDT (TTM)Rs -179 Cr
Profit before tax (TTM)Rs -197 Cr
Tax (latest year)Rs -1 Cr
Net profit (TTM)Rs -198 Cr
Net profit (latest year)Rs -240 Cr
Net profit (latest quarter)Rs 41 Cr
Depreciation (TTM)Rs 17 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 33 Cr
Cost of goods sold (latest year)Rs 264 Cr
Total expenditure (latest year)Rs 428 Cr
Total income (latest year)Rs 237 Cr
Share capitalRs 5 Cr
ReservesRs 71 Cr
Shareholders' fundsRs 76 Cr
Total assetsRs 434 Cr
Net blockRs 123 Cr
Capital work in progressRs 12 Cr
InvestmentsRs 31 Cr
ReceivablesRs 58 Cr
InventoryRs 83 Cr
Other liabilitiesRs 46 Cr
Shares outstanding (crore)5.00
Ownership
Promoter holding65.03% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 3.40 is at the 96th percentile (median 0.99).
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.
PeriodELGIRUBCONifty 50Difference
1 week-10.1%-2.8% -7.3 pts
1 month-15.3%-6.8% -8.5 pts
3 months-7.1%-7.6% +0.5 pts
6 months+53.3%+0.4% +52.9 pts
1 year-26.2%-9.9% -16.3 pts
2 years-49.5%-13.6% -36.0 pts
3 years+0.4%+14.2% -13.7 pts
5 years+32.3%+27.9% +4.4 pts

Red flags

F-score 3 of 8
lookRepeated losses Net loss in each of the last two years
lookAuditor change Auditor change 2026-05-28: Elgi Rubber Company Limited has informed the Exchange regarding Change in Auditors of the company.
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 2026
Sales ₹70 Cr -18.6% vs Jun 2025. Net profit ₹41 Cr +2150.0%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-08-07Annual General Meeting
2023-08-11Annual General Meeting
2022-08-18Annual General Meeting
2021-08-17 Annual General Meeting
2020-08-20 Annual General Meeting
2020-03-18 Interim Dividend - Rs 0.16 Per Share
2019-08-02 Annual General Meeting
2018-08-01 Annual General Meeting
2017-08-16 Annual General Meeting/Dividend - Re 0.13/- Per Share
2016-09-01 Annual General Meeting/Dividend Re 0.37 Per Share
2015-09-16 Annual General Meeting/Dividend - Re 0.21/- Per Share
2014-09-18Annual General Meeting / Dividend - Re 0.37/- Per Share
2013-08-01Annual General Meeting And Dividend Re.0.80 Per Share
2012-08-02Annual General Meeting/Dividend Re 0.50 Per Share
DateTypeWhat it says
2026-09-09Sale or disposalThe completion of the sale of land property together with buildings situated at Hyderabad
2026-08-27Shareholder meetingElgi Rubber Company Limited has submitted the Exchange the voting results along with a copy Scrutinizers report in respect of Annual General Meeting h...
2026-08-27Shareholder meetingProceedings of Annual General Meeting held through video conferencing facility on August 27, 2026
2026-08-12Sale or disposalThe voluntary winding up of inoperative non material wholly owned subsidiaries in Kenya and Australia subject to the applicable laws
2026-08-12Other RestructuringThe reversal of interest receivable from overseas wholly owned subsidiaries recognized during the quarter ended June 30, 2026
2026-08-12Board meeting outcomeOutcome of Board Meeting held on August 12, 2026.
2026-08-12Board meeting outcomeElgi Rubber Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-31Shareholder meetingNotice of 20th Annual General Meeting to be held through video conference facility on August 27, 2026 at 10 AM IST
2026-07-31General UpdatesThe dispatch of a letter pursuant to Regulation 36(1)(b) providing the weblink including exact path of the Annual Report for FY 2025-26 to those Membe...
2026-07-20Sale or disposalEntering into Agreement of Sale with an unrelated buyer for sale of land property at Hyderabad
2026-06-25Sale or disposalThe execution of Sale Deed in respect of land property situated in Trichy Road, Coimbatore..
2026-06-12Credit Rating- RevisionCredit Rating- Revision (Rating downgraded)
2026-05-29Sale or disposalExecution of Memorandum of Agreement for sale of land property
2026-05-28UpdatesIntimation of closure of Register of Members and Share Transfer books for the purpose of Annual General Meeting.
2026-05-28General UpdatesConvening of 20th Annual General Meeting of the Company
2026-05-28Director changeChange in Director(s) of the company.
2026-05-28Director changeChange in Director(s) of the company.
2026-05-28Change in AuditorsChange in Auditors of the company.
2026-05-28Change in AuditorsChange in Auditors of the company.
2026-05-28Other RestructuringReversal of interest receivable from overseas wholly owned subsidiaries
2026-05-28Board meeting outcomeOutcome of Board Meeting held on May 28, 2026.
2026-05-28Board meeting outcomeElgi Rubber Company Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-16Disclosure under SEBI TakeovSudarsan Varadaraj has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantia...
2026-02-12Sale or disposalProposal of Sale of immovable property at Trichy Road, Coimbatore
2026-02-12Other RestructuringReversal of interest receivable from overseas wholly owned subsidiaries for the quarter ended December 31, 2025
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.
EPS in the scrip is zero (4 trailing quarters)

Quick answers

What is the market cap of Elgi Rubber Company Ltd?

Elgi Rubber Company Ltd (ELGIRUBCO) has a market capitalisation of Rs 265 Cr. at the 2026-10-01 close.

What were Elgi Rubber Company Ltd's latest quarterly results?

In the Jun 2026 quarter, Elgi Rubber Company Ltd sales was Rs 70 Cr (-18.6% vs Jun 2025) and net profit was Rs 41 Cr.

What is the 52-week high and low of Elgi Rubber Company Ltd?

The 52-week high is Rs 70.00 and the 52-week low is Rs 32.72.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03