Elgi Rubber Co. Ltd
NSE: ELGIRUBCO · Other · sector
₹49.67NSE close 2026-10-26
Key numbers
Market cap₹249 cr
Price₹49.67
52w high / low₹70 / ₹33
P/E–Sector median 14.4x
P/B3.3xSector median 1.7x
Book value₹15.1
Dividend yield0.00%Sector median 0.37%
ROE-155.3%Sector median 13.8%
ROCE-42.1%Sector median 19.6%
OPM-49.1%Sector median 10.4%
Debt / equity4.13xSector median 0.29x
EV/EBITDA–Sector median 8.4x
Interest cover-5.0x
Current ratio0.86x
Sales growth 3y-2.4%Sector median +7.7%
Profit growth 3y–Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹28 cr vs borrowings ₹313 cr (FY26): borrowings are higher by ₹285 cr.
- Operating profit covered interest -5.0x in the last 12 months.
- 21.51% of the promoters' shares are pledged (14.0% of all shares).
- Operating cash flow was below net profit in 2 of the last 5 years (FY25, FY24).
- Net loss in 7 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- No dividend in the last 5 financial years.
- Price ₹49.67 on 2026-10-26: -29.0% from the 52-week high, +51.8% 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 ₹146.84 · low ₹36.99
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 99 | 91 | 97 | 86 | 94 | 100 | 86 | 70 |
| EBITDA | 6 | 10 | -13 | 2 | 2 | -24 | -197 | 46 |
| OPM % | 6.2% | 11.2% | -13.2% | 1.8% | 2.4% | -23.7% | -227.9% | 65.4% |
| Other income | -1 | -2 | 7 | 9 | 2 | 5 | 9 | 10 |
| Net profit | -4 | -4 | -17 | -2 | -6 | -29 | -204 | 41 |
| EPS (₹) | -0.82 | -0.70 | -3.40 | -0.30 | -1.20 | -5.73 | -40.77 | 8.16 |
| Revenue YoY | -4.2% | +9.4% | -11.2% | -18.1% | ||||
| Profit YoY | – | – | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 390 | 394 | 386 | 384 | 366 | 351 |
| EBITDA | -3 | 24 | 36 | 23 | -217 | -172 |
| Net profit | -16 | 7 | 12 | -4 | -240 | -198 |
| EPS (₹) | -3.27 | 1.35 | 2.33 | -0.87 | -48.00 | -39.54 |
| Revenue growth | +1.3% | -2.0% | -0.7% | -4.5% | -5.9% | |
| Profit growth | – | +72.7% | -137.4% | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -2.4% | +1.3% | -5.9% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -27.4% (2y) | -17.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 184 | 190 | 179 | 76 |
| Borrowings | – | 271 | 306 | 269 | 313 |
| Cash & equivalents | – | 22 | 26 | 40 | 28 |
| Total assets | – | 533 | 566 | 520 | 434 |
| Fixed assets | – | 202 | 216 | 132 | 109 |
| Capital work in progress | – | 22 | 16 | 8 | 12 |
| Investments | – | 29 | 40 | 32 | 31 |
| Receivables | – | 67 | 62 | 69 | 58 |
| Inventory | – | 109 | 110 | 121 | 83 |
| Payables | – | 45 | 45 | 45 | 21 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 9 | 27 | 6 | -8 | -11 |
| Cash from investing | -9 | -29 | -16 | 77 | -6 |
| Cash from financing | -6 | 2 | 10 | -62 | 11 |
| Capex | 12 | 48 | 25 | 22 | 7 |
| Free cash flow | -3 | -22 | -19 | -31 | -18 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 3.7% | 6.1% | -2.4% | -317.4% |
| ROCE % | – | 7.3% | 7.9% | 4.7% | -53.9% |
| Debtor days | – | 62 | 58 | 66 | 58 |
| Inventory days | – | 215 | 226 | 244 | 149 |
| Payable days | – | 88 | 92 | 90 | 39 |
| Cash conversion cycle (days) | – | 189 | 192 | 220 | 168 |
| Working capital days | – | -55 | -44 | 25 | -36 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 65.03% |
| FIIs | 0.00% |
| DIIs | 0.94% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.94% |
| Government | 2.36% |
| Public (non-institutions) | 31.67% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 65.03% | 65.03% | 65.03% | 65.03% | 65.03% | 65.03% | 65.03% | 65.03% |
| Promoter group | % |
|---|---|
| Sudarsan Varadaraj | 47.09% |
| LRG Technologies Limited | 7.08% |
| Harsha Varadaraj | 4.50% |
| Varshini Varadaraj | 4.50% |
| Elgi Equipments Limited | 1.53% |
| Jairam Varadaraj | 0.28% |
| Sumanth Ramamurthi | 0.02% |
| Anvar Jay Varadaraj | 0.01% |
| Maya Jay Varadaraj | 0.01% |
| Varun Jay Varadaraj | 0.01% |
| Vanitha Mohan | 0.00% |
| Gayathri Balaji | 0.00% |
| Varnam Securities Trust represented by Sudarsan Varadaraj, Managing Trustee | 0.00% |
| Tyre Point LLP | 0.00% |
| Dark Horse Portfolio Investment Private Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Tamilnadu Industrial Investment Corporation Limited | 2.36% |
| Shamyak Investment Private Limited | 2.00% |
| Investor Education And Protection Fund Authority Ministry of Corporate Affairs | 1.36% |
16,840 shareholders. Pledged: 21.51% of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| ELGIRUBCO | ₹249 cr | – | 3.3x | -155.3% | -42.1% | -49.1% | -2.4% | 0.00% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-08-07 | Other | Annual General Meeting |
| 2023-08-11 | Other | Annual General Meeting |
| 2022-08-18 | Other | Annual General Meeting |
| 2021-08-17 | Other | Annual General Meeting |
| 2020-08-20 | Other | Annual General Meeting |
| 2020-03-18 | Dividend | Interim Dividend - Rs 0.16 Per Share |
| 2019-08-02 | Other | Annual General Meeting |
| 2018-08-01 | Other | Annual General Meeting |
| 2017-08-16 | Dividend | Annual General Meeting/Dividend - Re 0.13/- Per Share |
| 2016-09-01 | Dividend | Annual General Meeting/Dividend Re 0.37 Per Share |
| 2015-09-16 | Dividend | Annual General Meeting/Dividend - Re 0.21/- Per Share |
| 2014-09-18 | Dividend | Annual General Meeting / Dividend - Re 0.37/- Per Share |
| 2013-08-01 | Dividend | Annual General Meeting And Dividend Re.0.80 Per Share |
| 2012-08-02 | Dividend | Annual General Meeting/Dividend Re 0.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | ELGIRUBCO |
| BSE code | – |
| ISIN | INE819L01012 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.