Is Elgi Rubber Company Ltd (ELGIRUBCO) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Elgi Rubber Company Ltd is a below average quality company .

Is Elgi Rubber Company Ltd (ELGIRUBCO) undervalued or overvalued?

The key valuation ratios of Elgi Rubber Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Elgi Rubber Company Ltd (ELGIRUBCO) share price return in the past 10 years?

Data is not available for this company

Is Elgi Rubber Company Ltd (ELGIRUBCO) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Elgi Rubber Company Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Elgi Rubber Company Ltd (ELGIRUBCO)?

Company share prices are keep on changing according to the market conditions. The current trading price of Elgi Rubber Company Ltd (ELGIRUBCO) on 01-Jan-1970 05:30:00 at 05:30 is .

What is the market cap of Elgi Rubber Company Ltd (ELGIRUBCO)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 at 05:30, the market cap of Elgi Rubber Company stood at Rs. 266.77 Cr.

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

The latest standalone P/E ratio of Elgi Rubber Company as of 01-Jan-1970 is 0.00.

What is the P/B ratio of Elgi Rubber Company Ltd (ELGIRUBCO)?

The latest standalone P/B ratio of Elgi Rubber Company Ltd (ELGIRUBCO) as of 01-Jan-1970 is 1.22.

What is the 52-week high and low of Elgi Rubber Company Ltd (ELGIRUBCO)?

The 52-week high of Elgi Rubber Company Ltd (ELGIRUBCO) is Rs. 9.25 and the 52-week low is Rs. 8.51.

What is the TTM revenue of Elgi Rubber Company Ltd (ELGIRUBCO)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Elgi Rubber Company is Rs. 234.50 (Cr.).

Elgi Rubber Company Ltd (ELGIRUBCO) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Elgi Rubber Company Ltd (ELGIRUBCO)
Brand: Elgi Rubber Company

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0.8%	2.7%	2.4%	0.3%	1%	4.3%	0%	7.6%	8.2%	4.5%	-
Value Creation Index ⓘ	-0.9	-0.8	-0.8	-1.0	-0.9	-0.7	-1.0	-0.5	-0.4	-0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	362	375	377	410	368	343	390	395	386	384	377
Sales YoY Gr.	-	3.5%	0.4%	8.9%	-10.1%	-6.9%	13.5%	1.3%	-2%	-0.7%	-
Adj EPS ⓘ	-2.7	-0.3	-1.1	-3.7	-5	0.1	-3.8	-1.2	0.3	-3.2	-10.6
YoY Gr.	-	NA	NA	NA	NA	NA	-6466.7%	NA	NA	-1096.9%	-
BVPS (₹) ⓘ	50.1	49.7	47.7	44.6	37.1	36.6	34.3	36.8	37.9	35.8	8.2
Adj Net Profit ⓘ	-13.4	-1.7	-5.5	-18.4	-24.8	0.3	-19.1	-5.8	1.6	-16	-53
Cash Flow from Ops. ⓘ	81.7	-6.4	7.4	33.5	36.6	49.2	15.8	26.8	6	-8.1	-
Debt/CF from Ops. ⓘ	3	-41.5	40.3	8.5	7.3	4.9	15.6	10.1	50.9	-33.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	0.6%	0.8%	-0.5%	-0.7%
Adj EPS ⓘ	NA	NA	NA	-1096.9%
BVPSⓘ	-3.7%	-0.7%	1.5%	-5.6%
Share Price	-	16.5%	12.2%	-13.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-5.1	-0.7	-2.3	-8	-12.1	0.2	-10.8	-3.3	0.9	-8.7	-48.4
Op. Profit Mgn % ⓘ	4	6.3	5.3	2.9	0.6	5.8	1.4	4.3	6.5	3.8	-9.2
Net Profit Mgn % ⓘ	-3.7	-0.5	-1.5	-4.5	-6.7	0.1	-4.9	-1.5	0.4	-4.2	-14.1
Debt to Equity ⓘ	1	1.1	1.2	1.3	1.4	1.3	1.4	1.5	1.6	1.5	-
Working Cap Days ⓘ	233	216	224	219	235	222	186	190	196	217	137
Cash Conv. Cycle ⓘ	119	126	146	139	140	131	109	112	120	127	11

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 1.51

Return on Equity is Poor

Sales growth has been subdued in last 3 years -0.49%

Sales growth is not so good in last 4 quarters at -0.99%

	Standalone	Consolidated
TTM EPS (₹)	-19.7	-10.6
TTM Sales (₹ Cr.)	235	377
BVPS (₹) ⓘ	43.7	8.2
Reserves (₹ Cr.) ⓘ	214	77
P/BV ⓘ	1.22	6.52
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	8.51 / 9.25
All Time Low / High (₹)	1.60 / 60.00
Market Cap (₹ Cr.)	267
Equity (₹ Cr.)	5
Face Value (₹)	1
Industry PE ⓘ	23.5

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	362	375	377	410	368	343	390	394	386	384
Operating Expenses ⓘ +	348	354	359	399	371	323	384	378	362	377
Manufacturing Costs	47	42	49	62	46	48	69	72	77	69
Material Costs	165	176	181	200	176	163	195	186	179	182
Employee Cost	83	81	73	81	84	73	66	61	45	53
Other Costs ⓘ	52	55	55	57	65	40	53	59	61	74
Operating Profit ⓘ	15	21	18	11	-2	20	5	17	25	6
Operating Profit Margin (%)	4.0%	5.6%	4.7%	2.7%	-0.6%	5.7%	1.4%	4.2%	6.4%	1.7%
Other Income ⓘ +	10	13	13	8	16	14	21	25	22	16
Exceptional Items ⓘ	-0	-2	-0	1	8	1	-8	8	11	17
Interest ⓘ	15	15	17	18	19	16	16	23	25	26
Depreciation ⓘ	21	18	18	18	17	17	18	16	19	18
Profit Before Tax ⓘ	-11	-2	-5	-16	-15	3	-16	10	14	-5
Tax ⓘ	1	2	1	-0	1	2	1	3	2	-0
Profit After Tax	-11	-4	-6	-16	-15	1	-16	7	12	-4
PAT Margin (%)	-3.2%	-1.1%	-1.5%	-3.9%	-4.1%	0.3%	-4.2%	1.7%	3.0%	-1.1%
Adjusted EPS (₹)	-2.3	-0.8	-1.1	-3.2	-3.0	0.2	-3.3	1.4	2.3	-0.9
Dividend Payout Ratio (%)	-16%	-16%	0%	0%	-5%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	262	249	239	223	186	183	171	184	190	179
Share Capital ⓘ	5	5	5	5	5	5	5	5	5	5
Reserves ⓘ	257	244	234	218	181	178	166	179	185	174
Debt +	229	246	280	261	248	209	208	219	260	227
Long Term Debt	109	102	104	109	100	77	64	76	103	85
Short Term Debt	120	144	176	152	148	132	145	142	157	142
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	39	29	34	47	53	44	57	45	45	45
Others Liabilities ⓘ	18	3	6	12	9	29	35	58	44	42
Total Liabilities ⓘ	548	526	559	542	496	466	471	505	539	493
Fixed Assets
Net Fixed Assets ⓘ +	258	234	245	226	208	209	205	228	242	158
Gross Block	616	233	301	289	303	330	339	404	428	326
Accumulated Depreciation	358	-1	56	63	95	121	134	177	187	168
CWIP ⓘ	38	30	29	31	33	21	17	22	16	8
Investments ⓘ	1	7	9	8	4	13	19	29	40	32
Inventories	105	121	140	142	136	110	100	109	110	121
Trade Receivables	59	61	52	61	50	54	73	67	62	69
Cash Equivalents	13	33	32	30	25	32	25	22	26	40
Others Assets ⓘ	74	40	53	44	41	28	33	28	43	63
Total Assets ⓘ	548	526	559	542	496	466	471	505	539	493

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	82	-6	7	33	37	49	16	27	6	-8
PBT ⓘ	-11	-2	-5	-16	-15	3	-16	10	14	-5
Adjustment ⓘ	79	27	29	34	29	21	30	16	9	35
Changes in Working Capital ⓘ	16	-30	-16	16	22	24	1	2	-17	-39
Tax Paid ⓘ	-3	-2	-1	-0	-0	1	-1	-1	0	1
Cash Flow From Investing Activity ⓘ +	-83	-1	-21	2	16	2	-9	-29	-16	77
Capex	-41	-9	-25	-0	10	1	-12	-32	-14	83
Net Investments	1	4	1	0	4	-1	1	3	-4	-7
Others ⓘ	-42	3	3	2	2	2	2	1	2	2
Cash Flow From Financing Activity ⓘ +	-14	4	13	-37	-54	-47	-12	2	10	-62
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	1	-6	2	4	-9	-23	-20	20	26	-18
Interest Paid ⓘ	-14	-15	-17	-18	-19	-16	-15	-23	-26	-26
Dividend Paid ⓘ	-1	-2	-1	-0	-1	0	0	-0	-0	-0
Others ⓘ	0	28	29	-24	-25	-8	24	5	9	-18
Net Cash Flow ⓘ	-15	-4	0	-1	-1	5	-6	-0	-0	7

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-4.42	-1.61	-2.32	-6.98	-7.44	0.59	-9.22	3.8	6.24	-2.36
ROCE (%)	0.83	2.73	2.35	0.29	1.01	4.26	0.01	7.63	8.23	4.47
Asset Turnover Ratio	0.69	0.72	0.7	0.74	0.71	0.71	0.83	0.81	0.74	0.74
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	49	N/A	3.86	0.5	N/A
Working Capital Days
Receivable Days	60	56	54	50	55	55	60	65	61	62
Inventory Days	106	106	125	126	138	131	98	97	104	110
Payable Days	99	70	63	74	103	109	94	99	92	90

About Elgi Rubber Company Ltd

Elgi Rubber Company was incorporated on May 13, 1981 and the certificate of commencement of business was obtained on August 4, 1981. It was promoted by L G Balakrishnan and his brothers along with LG Balakrishnan & Bros, Elgi Equipments and Super Spinning Mills.

The company entered into a technical collaboration agreement with Oliver Rubber Company, USA. Under this agreement Oliver Rubber Company was to supply to the company technical information, data, documentation and specification relating to machinery, installation and commissioning of required plant and machinery and furnish chemical formula or process for the manufacture of licensed articles.

The company undertook to set up a project at Kirikera in Andhra Pradesh for manufacture of precured tyre treads; cold curing cushion; cold curing cement and cold curing envelopes.

Business area of the company

The company is engaged in manufacturing procured tyre treads, cushion compounds, cement, envelopes, etc.

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Elgi Rubber Company Ltd (ELGIRUBCO) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating