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Earnings Call

Indag Rubber Earnings Call: Key Takeaways

Indag Rubber reported Q4FY26 revenue growth of 9% YoY with PAT doubling to ₹3.6cr. FY26 revenue declined 5% to ₹224.8cr, but profitability improved via margin expansion and optimized supply chain.

Highlights
MarginsFY26 EBITDA margin expanded ~300 bps to 10.0%.
Order bookFirst commercial serial order for BESS power conversion systems secured.
Demand visibilityPerformance-seeking customers; deeper engagement with franchisee partners.
Management confidenceHigh confidence in navigating raw-material cycles and driving long-term value.

Growth

Q4FY26 PAT grew 115% YoY; FY26 PAT grew 47% to ₹12.4cr despite lower revenue from weaker STU volumes.

Outlook

Focus on EV-optimized treads and green energy via Millenium Manufacturing subsidiary; first commercial serial order received.

Risks

2026 West Asia escalation elevating input costs; sharp raw material price cycles impacting early FY27.

Source

Earnings Call filed with BSE, NSE: INDAG. Summary written with AI assistance from the document.

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Indag Rubber Ltd: key numbers

Share price
₹106.20
Market cap
₹278.8 Cr
Revenue (annual)
₹214.5 Cr
Net profit (annual)
₹10.18 Cr
P/E (TTM)
20.1×Sector 33.6×
Promoter holding
73.34%+0.00% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Indag Rubber Ltd

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16:29 IST BSE
Legal & Regulatory

Indag Rubber Legal & Regulatory

Indag Rubber received a GST show cause notice for Rs. 1.77 Lakhs (approx. Rs. 0.02 Crore) related to FY 2022-23. The company will file a response.

Value
₹0.02 Cr
13:35 IST BSE
Legal & Regulatory

Indag Rubber Legal & Regulatory

Indag Rubber received a GST show-cause notice for FY22-23 with a total demand of Rs 0.25 Crore. Company states no material financial or operational impact.

Value
₹0.25 Cr
20:08 IST BSE
Financial Results

Indag Rubber Q1 FY27 Results: Net Profit ₹5 Cr, Up 525.0% YoY

Indag Rubber Ltd reported revenue from operations of ₹70.1 Cr (+55.8% YoY) and net profit of ₹5 Cr (+525.0% YoY) for Q1 FY27.

Key figure
Net profit ₹5 Cr · +525.0% YoY