Elgi Rubber Company Ltd Stock Price Today (NSE: ELGIRUBCO)

Elgi Rubber Company Ltd

ELGIRUBCORubber
49.83+0.28 (+0.57%)
Market Closed

Fundamental Score

...

Elgi Rubber Company Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Elgi Rubber Company Ltd share price today is 49.83, up +0.57% on NSE/BSE as of 17 June 2026. Elgi Rubber Company Ltd (ELGIRUBCO) is a Small-cap company in the Rubber sector with a market capitalisation of 282.41 (Cr). The 52-week high for ELGIRUBCO share price is N/A and the 52-week low is 32.72. The company has a Return on Equity (ROE) of -12.23% and a debt-to-equity ratio of 1.83.

Elgi Rubber Company Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
57.00
Low
46.50
Volume
42.4K
Change
+1.32%

Elgi Rubber Company Ltd share price chart: 1.32% return over the past month. 52-week high ₹N/A, 52-week low ₹32.72.

Elgi Rubber Company Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
46.0347.4045.7647.3329.90K (Cr)
47.5047.9944.1045.7837.30K (Cr)
51.4951.4946.1547.501.15L (Cr)
51.0052.9050.5051.4938.86K (Cr)
50.2853.5350.2850.7746.55K (Cr)
48.0051.2047.6150.2833.88K (Cr)
47.9947.9946.7147.2227.90K (Cr)
47.7048.8546.5047.1835.18K (Cr)
50.0750.0747.0147.4050.48K (Cr)
50.0050.7049.0049.4719.47K (Cr)

Elgi Rubber Company Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
47.5047.9944.1047.33-0.36%
53.6257.0046.1547.50-11.41%
35.000.000.0053.62+53.20%
38.0150.4032.7233.51-11.84%
42.5045.9938.3040.01-5.86%
45.0047.1539.2541.33-8.16%
57.4057.8944.0045.38-20.94%
67.1969.9950.0655.20-17.84%
66.0070.0059.1168.56+3.88%
83.6090.5065.0065.09-22.14%
52.7285.4848.2082.54+56.56%
60.9063.6353.7053.70-11.82%

AI Research Briefing

Powered by Gemini · 2026-04-17

Elgi Rubber is a micro-cap gamble on a turnaround dependent on asset sales, with brutal debt overhang and zero margin for error.

Research Confidence
4.0/10Low
DEBT TRAP TURNAROUNDVolatile. 1M: +42.51%, 1Y: -13.63%Expensive. Negative P/E vs industry P/E of 30.81x.

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. Elgi Rubber closed its trading window on April 1st, 2026, in anticipation of the FY26 results. The stock price has seen significant volatility, with a 1-month increase of 42.51% but a 1-year decrease of 13.63%.

CORE STORY (THE REAL GAME)

Elgi Rubber is a turnaround play, not a rubber compounder. Market hopes for debt reduction via asset sales and a return to profitability.

Why Now
  • Trading window closed ahead of FY26 results
  • Board approved sale of land to reduce debt
  • Stock volatile, reflecting turnaround hopes
Potential Catalysts
  • Successful land sale and debt reduction
  • Significant improvement in quarterly results
  • New large order wins
Key Risks
  • Micro/SME cap = liquidity risk
  • Negative ROE and ROCE
  • High debt-to-equity ratio
Institutional Activity

DII reduced stake slightly (-0.01%). Promoter holding steady at 65.03%.

Macro Context

Rising rubber and crude prices pose a headwind.

Cash Flow Quality

Poor. Profit not converting to cash. Negative earnings.

3–6 Month Outlook

Next 3-6 months depend on successful asset sales and debt reduction. Failure to execute will lead to significant downside.

Primary Thesis Risk

Inability to reduce debt will crush the stock.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-12.23%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

0.47%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

3.86%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Elgi Rubber Company Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.81x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

65.03%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.94%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-56.42%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-4.25%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

0.83%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

1.13%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

1.13%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.83x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

0.00x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

115.17 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Elgi Rubber Company Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ELGIRUBCO across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Strong Cash Generation (₹115.17 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (65.03%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

11 factors identified

Below-Average Return on Equity (-12.23%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (0.47%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (3.86%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Profit Decline Concern (-56.42%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Limited Growth History (0.83% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Earnings Growth (1.13% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (1.13% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Elevated Debt Levels (D/E: 1.83)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Weak Interest Coverage (0.00x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Limited Institutional Interest (FII+DII: 0.94%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Elgi Rubber Company Ltd vs Rubber Peers

Peer Comparison - Rubber

Compare Elgi Rubber Company Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
8.9/100
50
₹282.41
-12.23%
Poor
0.47%
Poor
1.8
Average
1.13%
Average
0.83%
Average
0.00%
61.1/100
487
₹2117.58
30.8
Average
9.99%
Poor
12.81%
Average
0.2
Excellent
27.36%
Excellent
22.93%
Excellent
1.59%
62.2/100
1528
₹1990.39
20.7
Average
20.73%
Excellent
26.87%
Excellent
0.1
Excellent
29.48%
Excellent
14.13%
Good
0.62%
54.7/100
790
₹1523.96
34.4
Average
31.20%
Excellent
28.05%
Excellent
0.4
Excellent
65.45%
Excellent
32.65%
Excellent
0.47%
GRP Ltd...
GRPLTD509152
37.2/100
1699
₹1046.04
38.0
Average
17.44%
Good
17.52%
Good
1.1
Average
61.21%
Excellent
9.56%
Good
0.75%
64.2/100
80
₹409.98
15.0
Average
9.30%
Poor
12.63%
Average
0.0
Excellent
10.39%
Good
15.52%
Excellent
2.66%
44.8/100
207
₹318.81
11.1
Average
9.54%
Poor
10.95%
Average
0.7
Good
8.42%
Good
5.86%
Good
0.00%
44.3/100
533
₹205.42
48.8
Average
22.45%
Excellent
31.91%
Excellent
0.4
Excellent
0.00%
43.5/100
27
₹160.49
41.6
Average
-28.89%
Poor
-1.51%
Poor
2.2
Poor
10.94%
Good
35.43%
Excellent
0.00%
Rishiroop Ltd...
RISHIROOP526492
51.4/100
93
₹98.60
24.7
Average
8.00%
Poor
10.89%
Average
0.0
Excellent
39.88%
Excellent
12.89%
Good
1.39%
36.1/100
90
₹70.38
35.9
Average
9.34%
Poor
13.15%
Average
1.0
Good
0.00%

Elgi Rubber Company Ltd PE Ratio History

Historical price-to-earnings ratio for ELGIRUBCO — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20242.33₹136.0558.4x
FY 20231.35₹57.8542.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Elgi Rubber Company Ltd Dividend History

Annual cash dividends paid by ELGIRUBCO — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20250.02 Cr
FY 20240.03 Cr
FY 20230.03 Cr
FY 20220.04 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Elgi Rubber Company Ltd Quarterly Performance

Latest quarterly metrics for ELGIRUBCO — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-4.25%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-56.42%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

0.83%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

1.13%

Compounded annual net profit growth over 5 years

Elgi Rubber Company Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for ELGIRUBCO — calculated from daily price history

40RSI 14
Neutral — RSI 40

Momentum is balanced — neither overbought nor oversold.

SMA 50
NaN
▼ Price below SMA 50 — Short-term bearish
SMA 200
NaN
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
67K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Elgi Rubber Company Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Elgi Rubber Company Ltd (ELGIRUBCO) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Elgi Rubber Company Ltd

About ELGIRUBCO (Elgi Rubber Company Ltd)

Elgi Rubber Company Ltd is a cornerstone of the rubber industry, weaving together decades of expertise in reclaiming, retreading, and reinforcing the life cycle of tires. More than... just a manufacturer, they are architects of circularity, transforming discarded rubber into valuable resources. Elgi Rubber specializes in crafting solutions that extend the lifespan of tires, reducing waste and promoting sustainability. From robust retreading machinery designed for precision and durability to reclaimed rubber compounds engineered for optimal performance, their commitment to quality permeates every facet of their operations. The company relentlessly pursues innovative techniques and sustainable materials to minimize environmental impact and maximize the utility of rubber resources. Central to Elgi Rubber’s global presence is a comprehensive portfolio of trusted brands, each a testament to their dedication to excellence. Their tire retread and repair systems, recognized under the 'Jet' banner, offer reliable and efficient solutions for extending tire life. The 'CRS' brand is synonymous with durable expandable rims and hubs, essential components for tire retreading. Elgi Rubber's 'Armonas' range delivers advanced retread process equipment, optimized for productivity and consistency. And 'Pincott' rasp blades and hubs are renowned for their precision and longevity in tire preparation. Through these specialized brands, they equip businesses worldwide with the tools and materials needed to create high-quality retreaded tires. Beyond retreading solutions, Elgi Rubber broadens its impact with specialized offerings. The 'Carbrasive' brand presents a range of brazed carbide tools, engineered for demanding industrial applications. Additionally, the company formulates and supplies a variety of gums, adhesives, and sealants tailored for the rubber industry. This diversification showcases Elgi Rubber's profound understanding of rubber technology and its commitment to serving a wide range of needs within the industry. Their emphasis on research and development ensures that their products remain at the forefront of innovation, meeting the evolving demands of a global market that increasingly values sustainability and resource efficiency.

Company Details

Symbol:ELGIRUBCO
Industry:Rubber
Sector:Rubber

Key Leadership

Mr. Sudarsan Varadaraj
Chairman & MD
Mr. S. R. Venkatachalam
Chief Financial Officer
Mr. Faizur Rehman Allaudeen
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date

ELGIRUBCO Share Price: Frequently Asked Questions

What is the current share price of Elgi Rubber Company Ltd?

Elgi Rubber Company Ltd (ELGIRUBCO) trades at ₹49.83 on NSE. Market cap ₹282.41 (Cr). Educational data only.

What is the P/E ratio of Elgi Rubber Company Ltd?

Elgi Rubber Company Ltd has a P/E of N/Ax vs industry average 30.81x.

What is the Bull Run score for Elgi Rubber Company Ltd?

Elgi Rubber Company Ltd has a Bull Run score of 8.9/100 based on 25+ financial parameters.

Does Elgi Rubber Company Ltd pay dividends?

Elgi Rubber Company Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Elgi Rubber Company Ltd?

Elgi Rubber Company Ltd has ROE of -12.23%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Elgi Rubber Company Ltd?

Elgi Rubber Company Ltd has debt-to-equity of 1.83.

Is Elgi Rubber Company Ltd a good investment?

Bull Run gives Elgi Rubber Company Ltd a score of 8.9/100. This is not investment advice — consult a SEBI-registered advisor.