Elgi Rubber Company Limited (ELGIRUBCO) AI Stock Analysis

• Market Cap: ₹2.73B
• Dividend Yield: N/A
• Average Volume (3M): 7.71K
• Price to Earnings (P/E): 28.9
• Beta (1Y): 2.15
• Revenue Growth: -0.65%
• EPS Growth: -137.39%
• Country: IN
• Employees: 448
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Auto - Parts
• EPS (TTM): -3.40
• Shares Outstanding: 50,050,000
• 10 Day Avg. Volume: 8,243
• 30 Day Avg. Volume: 7,713
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹49.00
• Price Target Upside: -5.77% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 40 Underperform
• Price Target: ₹49.00 ▼(-5.77% Downside)

Elgi Rubber Company Limited scores poorly due to its financial struggles, bearish technical indicators, and unattractive valuation. The company faces significant operational inefficiencies and liquidity challenges that need urgent attention.

Elgi Rubber Company Limited Business Overview & Revenue Model

Company Description

Elgi Rubber Company Limited (ELGIRUBCO) is a prominent player in the global rubber industry, specializing in the manufacture and supply of retreading products and services. The company operates within the sectors of rubber processing and tire retreading, offering a comprehensive range of products including tread rubber, bonding gum, and other related accessories. With a strong focus on innovation and quality, Elgi Rubber serves a diverse clientele across various geographies, catering to the needs of tire retreading companies and other industrial rubber consumers.

How the Company Makes Money

Elgi Rubber Company Limited generates revenue primarily through the sale of its retreading products, which include tread rubber and other associated materials used in the tire retreading process. The company's key revenue streams are derived from supplying these products to tire retreading businesses and industrial clients globally. Additionally, Elgi Rubber may engage in strategic partnerships or collaborations with other industry players to expand its market reach and enhance its product offerings. The company's earnings are further supported by its commitment to research and development, which helps maintain its competitive edge in the rubber industry.

Elgi Rubber Company Limited Financial Statement Overview

Summary

Elgi Rubber Company Limited is facing financial challenges with inconsistent revenue and profitability, high leverage, and negative cash flows. The company must improve operational efficiency and cash management to stabilize its financial health.

Income Statement

Elgi Rubber Company Limited has demonstrated volatile revenue trends with a slight decrease in total revenue in the most recent fiscal year. The gross profit margin is relatively stable, but the company has faced challenges in maintaining profitability, as indicated by negative EBIT and net income figures. The company needs to address its operational inefficiencies to improve its margins and profit consistency.

Balance Sheet

The balance sheet reveals a moderate level of leverage with a slightly high debt-to-equity ratio. Stockholders' equity has remained relatively stable. The equity ratio suggests that a fair portion of the company's assets is funded by equity, but the high debt levels pose a potential risk to financial stability if not managed properly.

Cash Flow

The cash flow statement indicates significant fluctuations in free cash flow, with recent periods showing negative free cash flow figures. Operating cash flow is also negative, highlighting potential liquidity challenges. The company needs to improve its cash generation capabilities to ensure sustainable operations.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.84B	3.86B	3.93B	3.87B	3.41B
Gross Profit	1.21B	1.96B	1.90B	1.73B	1.72B
EBITDA	394.45M	582.60M	496.19M	180.96M	352.90M
Net Income	-43.60M	116.61M	67.50M	-163.52M	10.79M
Balance Sheet
Total Assets	5.20B	5.66B	5.33B	5.00B	4.94B
Cash, Cash Equivalents and Short-Term Investments	399.69M	45.66M	40.37M	43.60M	100.77M
Total Debt	2.70B	3.07B	2.71B	2.47B	2.43B
Total Liabilities	3.41B	3.76B	3.49B	3.29B	3.11B
Stockholders Equity	1.79B	1.90B	1.84B	1.71B	1.83B
Cash Flow
Free Cash Flow	-543.94M	-187.55M	-215.12M	35.46M	469.07M
Operating Cash Flow	-319.53M	60.22M	267.79M	157.97M	492.32M
Investing Cash Flow	754.86M	-159.68M	-287.09M	-94.46M	21.93M
Financing Cash Flow	-364.80M	97.48M	16.07M	-120.68M	-468.77M

Elgi Rubber Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 52.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ELGIRUBCO, the sentiment is Negative. The current price of 52 is below the 20-day moving average (MA) of 55.89, below the 50-day MA of 57.29, and below the 200-day MA of 81.84, indicating a bearish trend. The MACD of -2.57 indicates Positive momentum. The RSI at 28.79 is Positive, neither overbought nor oversold. The STOCH value of 6.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ELGIRUBCO.

Elgi Rubber Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRITIKAUTO	62 Neutral	₹2.98B	17.31		―	4.41%	-20.08%
Sector *	61 Neutral	$17.22B	11.53	-5.99%	3.08%	1.40%	-15.51%
PPAP	55 Neutral	₹3.08B	66.46		0.41%	3.56%	―
COASTCORP	53 Neutral	₹2.15B	47.87		0.71%	44.23%	-3.77%
CINELINE	50 Neutral	₹3.07B	―		―	-6.40%	7.62%
MUKTAARTS	44 Neutral	₹1.82B	―		―	-14.30%	-198.87%
ELGIRUBCO	40 Underperform	₹2.73B	28.87		―	-0.65%	-137.39%