Dolfin Rubbers Limited

BSE: DOLFIN · Tyres & Rubber Products · sector

₹179.55BSE close 2026-10-26

Key numbers

Market cap₹180 cr

Price₹179.55

52w high / low₹199 / ₹160

P/E29.0xSector median 20.0x

P/B4.6xSector median 2.4x

Book value₹38.8

Dividend yield–Sector median 0.98%

ROE17.2%Sector median 9.0%

ROCE15.2%Sector median 11.2%

OPM5.3%Sector median 5.6%

Debt / equity0.48xSector median 0.37x

EV/EBITDA20.4xSector median 14.4x

Interest cover7.8x

Current ratio1.78x

Sales growth 3y+18.6%Sector median +3.7%

Profit growth 3y+18.7%Sector median +13.1%

PEG1.55x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 17 companies in Tyres & Rubber Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹1 cr vs borrowings ₹19 cr (FY26): borrowings are higher by ₹18 cr.
Operating profit covered interest 7.8x in the last 12 months.
Other income was 16% of net profit in the last 12 months.
Dividend paid in 2 of the last 5 financial years.
Price ₹179.55 on 2026-10-26: -9.8% from the 52-week high, +12.2% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹246.20 · low ₹164.75

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	39	40	40	41	49	53
EBITDA	3	3	2	2	3	3
OPM %	7.1%	6.6%	4.6%	4.9%	5.2%	6.3%
Other income	0	0	0	1	0	0
Net profit	2	2	1	2	2	2
EPS (₹)	1.54	1.57	1.07	1.53	1.63	1.96
Revenue YoY					+23.3%	+30.7%
Profit YoY					+5.8%	+25.5%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	84	102	126	144	170	182
EBITDA	5	7	9	9	9	10
Net profit	3	3	5	5	6	6
EPS (₹)	3.68	3.30	4.73	5.11	5.52	6.19
Revenue growth		+21.7%	+23.9%	+14.0%	+18.2%	–
Profit growth		+19.5%	+43.5%	+7.8%	+8.2%	–
Dividend / share (₹)	1.20	–	1.20	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+18.6%	–	–
Net profit	+18.7%	–	–
EPS	+18.7%	–	–
Share price	–	-11.7% (2y)	-6.7%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	33	39
Borrowings	18	19
Cash & equivalents	1	1
Total assets	73	83
Fixed assets	26	29
Capital work in progress	0	1
Investments	0	0
Receivables	18	16
Inventory	25	33
Payables	3	6

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	4	5
Cash from investing	-4	-4
Cash from financing	-1	-1
Capex	3	5
Free cash flow	1	-1

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	15.3%	14.2%
ROCE %	15.8%	14.1%
Debtor days	45	34
Inventory days	102	110
Payable days	13	21
Cash conversion cycle (days)	134	123
Working capital days	50	48

Peers in Tyres & Rubber Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
MRF	₹49,769 cr	20.6x	2.4x	12.2%	15.2%	14.9%	+10.6%	0.20%
BALKRISIND	₹40,775 cr	29.0x	3.7x	14.4%	13.2%	22.0%	+3.5%	0.76%
APOLLOTYRE	₹24,569 cr	14.3x	1.5x	10.8%	11.0%	11.9%	+5.0%	2.20%
CEATLTD	₹12,479 cr	24.4x	2.5x	9.0%	13.4%	10.8%	+11.5%	0.98%
JKTYRE	₹8,661 cr	13.0x	1.4x	11.9%	12.0%	10.6%	+3.7%	0.95%
TVSSRICHAK	₹3,167 cr	34.3x	2.7x	7.2%	9.0%	7.6%	+6.9%	0.40%
GOODYEAR	₹1,515 cr	28.1x	2.5x	8.9%	13.1%	4.2%	-5.4%	3.64%
MEGAMONT	₹446 cr	49.8x	13.2x	55.7%	17.8%	1.1%	–	–
TOLINS	₹315 cr	9.7x	0.9x	9.5%	11.2%	13.7%	–	–
DOLFIN	₹180 cr	29.0x	4.6x	17.2%	15.2%	5.3%	+18.6%	–

All 17 companies in Tyres & Rubber Products →

Dividends & corporate actions

Ex-date	Action	Detail
2023-08-04	Dividend	Final Dividend Rs 1.2
2021-09-16	Dividend	Final Dividend Rs 1.2
2020-09-18	Dividend	Final Dividend Rs 1.0

Documents

Links go to the original files on the exchange website.

About the company


Sector	Consumer Discretionary
Industry	Tyres & Rubber Products
Sub-industry	Tyres & Rubber Products
Symbol	DOLFIN
BSE code	542013
ISIN	INE666Y01010
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.