Indag Rubber
BSE: INDAG · Tyres & Rubber Products
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We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Indag Rubber's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Indag Rubber Limited specialises in the manufacturing of precured tread rubber, bonding gum, and ancillary materials for the tyre retreading industry. The company leverages cold retreading technology to provide sustainable and cost-effective solutions for commercial vehicle fleet operators.
Business Model
The company generates revenue by supplying high-quality retreading materials to a pan-India network of dealers and fleet owners. Its business model focuses on extending the operational life of tyres, thereby offering significant cost savings compared to purchasing new tyres.
- Established:1978
- Primary Facility:Nalagarh, Himachal Pradesh
Growth Outlook
Growth is driven by the increasing demand for cost-efficient fleet management solutions and the expansion of the organized retreading market in India. The company continues to leverage its established distribution network to capture market share from the unorganised sector.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural and synthetic rubber significantly impact the company's operating margins.
- Competition from Unorganised Sector. The company faces intense price competition from numerous small-scale, unorganised players in the tyre retreading market.
- Economic Cyclicality. Demand for retreading services is closely linked to the health of the commercial transport and logistics sector, which is sensitive to broader economic conditions.
- Technological Obsolescence. Failure to keep pace with advancements in tyre manufacturing and retreading technology could erode the company's competitive advantage.
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Key Metrics
REVENUE
₹215 Cr
TTM · consolidated
NET PROFIT
₹8 Cr
TTM · consolidated
EPS
₹3.88
TTM · consolidated
RETURN ON EQUITY
3.5%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
7.5%
TTM · standalone
P/E
25.3x
Q4 FY26 · consolidated
EV/EBITDA
12.3x
Q4 FY26 · consolidated
EBITDA MARGIN
8.9%
TTM · consolidated
NET PROFIT MARGIN
3.0%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Tyres & Rubber Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Indag RubberINDAG | ₹307 Cr | 30.15 | 16.42 | -6.1% | 8.9% | 3.5% | 7.5% | -6.1% |
JK Tyre & Industries Ltd.JKTYRE | ₹10,962 Cr | 16.41 | 8.00 | 9.9% | 11.8% | 12.0% | 13.5% | +18.5% |
TVS Srichakra LimitedTVSSRICHAK | ₹4,052 Cr | 43.87 | 14.16 | 18.6% | 8.7% | 7.8% | 10.7% | +86.4% |
Goodyear India LimitedGOODYEAR | ₹1,730 Cr | 28.12 | 9.52 | -5.1% | 6.4% | 10.2% | 13.3% | -23.5% |
Megamont LimitedVRWODAR | ₹442 Cr | 328.30 | 407.95 | — | — | -101.2% | -49.1% | +205.4% |
Tolins TyresTOLINS | ₹375 Cr | 11.57 | 8.38 | 3.5% | 14.4% | 9.5% | 12.1% | -38.0% |
As of Q4 FY26
Financials
Indag Rubber
BSE: INDAG · Tyres & Rubber Products
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Indag Rubber's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Indag Rubber Limited specialises in the manufacturing of precured tread rubber, bonding gum, and ancillary materials for the tyre retreading industry. The company leverages cold retreading technology to provide sustainable and cost-effective solutions for commercial vehicle fleet operators.
Business Model
The company generates revenue by supplying high-quality retreading materials to a pan-India network of dealers and fleet owners. Its business model focuses on extending the operational life of tyres, thereby offering significant cost savings compared to purchasing new tyres.
- Established:1978
- Primary Facility:Nalagarh, Himachal Pradesh
Growth Outlook
Growth is driven by the increasing demand for cost-efficient fleet management solutions and the expansion of the organized retreading market in India. The company continues to leverage its established distribution network to capture market share from the unorganised sector.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural and synthetic rubber significantly impact the company's operating margins.
- Competition from Unorganised Sector. The company faces intense price competition from numerous small-scale, unorganised players in the tyre retreading market.
- Economic Cyclicality. Demand for retreading services is closely linked to the health of the commercial transport and logistics sector, which is sensitive to broader economic conditions.
- Technological Obsolescence. Failure to keep pace with advancements in tyre manufacturing and retreading technology could erode the company's competitive advantage.
Start your research today
Unlock AI insights, financials, peers and live data on Indag Rubber and 5,000+ companies — free.
Key Metrics
REVENUE
₹215 Cr
TTM · consolidated
NET PROFIT
₹8 Cr
TTM · consolidated
EPS
₹3.88
TTM · consolidated
RETURN ON EQUITY
3.5%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
7.5%
TTM · standalone
P/E
25.3x
Q4 FY26 · consolidated
EV/EBITDA
12.3x
Q4 FY26 · consolidated
EBITDA MARGIN
8.9%
TTM · consolidated
NET PROFIT MARGIN
3.0%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Tyres & Rubber Products
As of Q4 FY26