Elgi Rubber Company Limited (IN:ELGIRUBCO)
:ELGIRUBCO
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Elgi Rubber Company Limited
(ELGIRUBCO)
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Rating:44Neutral
Price Target:
₹41.00
▼(-5.77% Downside)
Action:UpgradedDate:03/24/26
The score is primarily driven by weak financial performance (loss-making operations and negative cash flows) and bearish technicals (price below all key moving averages with negative MACD). Valuation is not supportive because the negative P/E reflects ongoing losses and there is no dividend yield provided.
Positive Factors
Stable gross profit margin
A relatively stable gross margin indicates the company can control direct manufacturing costs and maintain unit-level profitability. This provides a durable operational foundation that can support recovery if volumes improve or SG&A is tightened, aiding long-term margin restoration.
Negative Factors
Negative operating and free cash flow
Sustained negative operating and free cash flow undermines the firm's ability to fund working capital and capex internally. Over 2-6 months this increases reliance on external financing, heightens refinancing risk, and limits capacity to invest in productivity or product development.
Read all positive and negative factors
Positive Factors
Negative Factors
Stable gross profit margin
A relatively stable gross margin indicates the company can control direct manufacturing costs and maintain unit-level profitability. This provides a durable operational foundation that can support recovery if volumes improve or SG&A is tightened, aiding long-term margin restoration.
Read all positive factors
Elgi Rubber Company Limited (ELGIRUBCO) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.09B
Dividend YieldN/A
Average Volume (3M)19.30K
Price to Earnings (P/E)―
Beta (1Y)1.42
Revenue Growth-4.22%
EPS Growth-323.67%
CountryIN
Employees448
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)-5.73
Shares Outstanding50,050,000
10 Day Avg. Volume11,805
30 Day Avg. Volume19,301
Financial Highlights & Ratios
PEG Ratio0.54
Price to Book (P/B)1.82
Price to Sales (P/S)0.85
P/FCF Ratio-5.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Elgi Rubber Company Limited Business Overview & Revenue Model
Company Description
Elgi Rubber Company Limited, together with its subsidiaries, engages in the manufacture and sale of reclaimed rubber, retreading machinery, and retread rubber in India and internationally. It offers tire retread and repair systems under the Jet br...
How the Company Makes Money
null...
Elgi Rubber Company Limited Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.69B | 3.84B | 3.86B | 3.93B | 3.90B | 3.43B |
| Gross Profit | 1.70B | 1.21B | 731.05M | 1.90B | 1.73B | 1.72B |
| EBITDA | 182.00M | 394.45M | 582.60M | 496.19M | 180.96M | 352.90M |
| Net Income | -280.41M | -43.60M | 116.61M | 67.50M | -163.52M | 10.79M |
Balance Sheet | ||||||
| Total Assets | 5.43B | 5.20B | 5.66B | 5.33B | 5.00B | 4.94B |
| Cash, Cash Equivalents and Short-Term Investments | 359.89M | 399.69M | 45.66M | 40.37M | 43.60M | 100.77M |
| Total Debt | 3.05B | 2.70B | 3.07B | 2.71B | 2.47B | 2.43B |
| Total Liabilities | 3.76B | 3.41B | 3.76B | 3.49B | 3.29B | 3.11B |
| Stockholders Equity | 1.67B | 1.79B | 1.90B | 1.84B | 1.71B | 1.83B |
Cash Flow | ||||||
| Free Cash Flow | -223.17M | -543.94M | -187.55M | -215.12M | 35.46M | 469.07M |
| Operating Cash Flow | -153.31M | -319.53M | 60.22M | 267.79M | 157.97M | 492.32M |
| Investing Cash Flow | -85.13M | 772.09M | -159.68M | -287.09M | -94.46M | 21.93M |
| Financing Cash Flow | 229.45M | -620.70M | 97.48M | 16.07M | -120.68M | -468.77M |
Elgi Rubber Company Limited Technical Analysis
Positive
43.51
Price Trends
40.34
Positive
44.18
Negative
53.30
Negative
Market Momentum
0.16
Negative
56.32
Neutral
77.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ELGIRUBCO, the sentiment is Positive. The current price of 43.51 is above the 20-day moving average (MA) of 38.91, above the 50-day MA of 40.34, and below the 200-day MA of 53.30, indicating a neutral trend. The MACD of 0.16 indicates Negative momentum. The RSI at 56.32 is Neutral, neither overbought nor oversold. The STOCH value of 77.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ELGIRUBCO.
Elgi Rubber Company Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | ₹3.31B | 10.74 | ― | 0.48% | 33.80% | 2962.90% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
58 Neutral | ₹2.28B | 11.02 | ― | ― | 26.03% | -10.27% | |
55 Neutral | ₹2.93B | 1,133.42 | ― | 1.17% | 2.75% | ― | |
45 Neutral | ₹3.04B | 11.89 | ― | ― | 4.99% | 58.43% | |
45 Neutral | ₹1.11B | -24.35 | ― | ― | -3.03% | 6.44% | |
44 Neutral | ₹2.09B | -1.98 | ― | ― | -4.22% | -323.67% |
* Consumer Cyclical Sector Average
IN:ELGIRUBCO
Elgi Rubber Company Limited
41.83
-16.27
-28.00%
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Elgi Rubber Company Limited Corporate Events
Elgi Rubber Closes Trading Window Ahead of FY26 Results
Mar 24, 2026
Elgi Rubber Company Limited has announced the closure of its trading window for designated persons and their immediate relatives from 1 April 2026 until 48 hours after the declaration of its audited financial results for the quarter and financial ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.