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Ameenji Rubber Ltd (544555)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544555 NSE: Rubber Products | Small Cap | Ameenji Rubber Share Price

₹143.50 -2.50 (-1.71%)

As on 08-Jun'26 16:59

Ameenji Rubber Ltd (544555)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544555 NSE: Rubber Products | Small Cap | Ameenji Rubber Share Price

₹143.50 -2.50 (-1.71%)

As on 08-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹162 Cr.
Current Price
₹143.5
52-Week Low / High
₹96 / 175
TTM EPS
₹5.6
TTM Sales
₹123 Cr.
Book Value per Share
₹46
P/E Ratio
25.53
Higher than its 5-year historical median
Industry PE
25.6
Price to Book (P/B)
3.12
Higher than its 5-year historical median
Price to Sales (P/S)
1.31
Lower than its 5-year historical median
EV/EBITDA
10.39
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
42.69%
Outperforms industry median
Return on Capital Employed (ROCE)
27.22%
Outperforms industry median
Return on Assets (ROA)
8.59%
Operating Profit Margin
20.2%
Net Profit Margin
8.17%
Gross Profit Margin
15.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
12.85%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
55.78%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
78.19%
Asset Quality
Promoter Holding
67.71%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹41 Cr.
Equity
₹11.3 Cr.
Face Value
₹10
All Time Low / High
₹96.05 / 175.00

Ameenji Rubber stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Weak
Q.1 Is Ameenji Rubber Ltd a good quality company?
Ameenji Rubber Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ameenji Rubber Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ameenji Rubber Ltd vs industry peers?
Ameenji Rubber Ltd revenue CAGR is 3.22%, compared to the industry median CAGR of 8.67%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Ameenji Rubber Ltd?
Promoters hold 67.71% of the Ameenji Rubber Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ameenji Rubber Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

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)

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ameenji Rubber Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 20%27.1%27.7%27.2%-
Value Creation
Index
0.40.91.00.9-

Growth Parameters

Sales 85.574.183.394.1123
Sales YoY Gr.--13.4%12.5%12.9%-
Adj EPS 1.44.34.69.25.6
YoY Gr.-203.6%9.2%98.9%-
BVPS (₹) 7.711.917.126.446
Adj Net
Profit
1.23.53.87.66
Cash Flow from Ops. 10.72.2-3.40-
Debt/CF from Ops. 1.610-10.40-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA3.2%12.9%
Adj EPS NANA87.5%98.9%
BVPSNANA51%54.4%
Share Price - - - -

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
18.343.53242.515.5
Op. Profit
Mgn %
7.11214.720.2NAN
Net Profit
Mgn %
1.44.84.68.15.1
Debt to
Equity
2.62.22.52.1-
Working Cap
Days
01771982450
Cash Conv.
Cycle
014591020

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales86748394
Operating Expenses + 80657175
Manufacturing Costs4555
Material Costs67485150
Employee Cost 461113
Other Costs 5657
Operating Profit 691219
Operating Profit Margin (%) 7.0%12.0%14.6%20.2%
Other Income + 0010
Exceptional Items 0000
Interest 3345
Depreciation 2223
Profit Before Tax 24711
Tax 0133
Profit After Tax 1448
PAT Margin (%) 1.3%4.7%5.2%8.2%
Adjusted EPS (₹)1.44.25.29.3
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Ameenji Rubber - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 6101422
Share Capital 2288
Reserves 48614
Debt +13193342
Long Term Debt7151826
Short Term Debt641516
Minority Interest0000
Trade Payables24202129
Others Liabilities 85910
Total Liabilities 515476103

Fixed Assets

Net Fixed Assets +10162028
Gross Block15242839
Accumulated Depreciation67812
CWIP 6022
Investments 0000
Inventories12213145
Trade Receivables15101517
Cash Equivalents 0100
Others Assets 96810
Total Assets 515476103

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 112-30
PBT 2470
Adjustment 4450
Changes in Working Capital 5-6-140
Tax Paid -0-1-10
Cash Flow From Investing Activity + -7-3-70
Capex -3-3-70
Net Investments 0-000
Others -40-10
Cash Flow From Financing Activity + -7290
Net Proceeds from Shares 0000
Net Proceeds from Borrowing -3830
Interest Paid -3-3-40
Dividend Paid 0000
Others -0-3100
Net Cash Flow -31-10

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)17.6243.2735.942.69
ROCE (%)20.0227.1127.6827.22
Asset Turnover Ratio1.681.411.281.05
PAT to CFO Conversion(x)110.5-0.750
Working Capital Days
Receivable Days64.6061.2053.7061.70
Inventory Days50.1079.80113.60148.70
Payable Days129.60166.60148.70180.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ameenji Rubber Ltd FAQs

The current trading price of Ameenji Rubber on 08-Jun-2026 16:59 is ₹143.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 07-Jun-2026 the market cap of Ameenji Rubber stood at ₹161.9 Cr

The latest P/E ratio of Ameenji Rubber as of 07-Jun-2026 is 25.53.

The latest P/B ratio of Ameenji Rubber as of 07-Jun-2026 is 3.12.

The 52-week high of Ameenji Rubber is ₹175.0 and the 52-week low is ₹96.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ameenji Rubber is ₹123 ( Cr.) .

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

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

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

About Ameenji Rubber Ltd

Ameenji Rubber was originally incorporated as a Private Limited Company under the name ‘Ameenji Rubber Private Limited’ on September 20, 2006 under the provisions of the Companies Act, 1956. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on May 09, 2024 the company was converted into a Public Limited Company and consequently the name of the company was changed from ‘Ameenji Rubber Private Limited’ to ‘Ameenji Rubber Limited’ vide a fresh Certificate of Incorporation dated July 31, 2024.

The company manufactures a diversified range of products including elastomeric bridge bearings, POT-PTFE bearings, spherical bearings, expansion joints for infrastructure, composite grooved rubber sole plates (CGRSP), UIC rubber vestibules, rubberized railway crossing pads, moulded and long-length rubber sheets, gym mats, rolls, cow mats, rubber beadings, and other commercial rubber products.  Its products are used in railway coaches, sleepers, railway crossings, bridges, flyovers, roads, highways, and other infrastructure and commercial applications. It supplies products to Indian Railways as well as to private sector organizations operating across various industries. It focuses on developing and delivering rubber solutions that are designed to meet the functional, safety, and performance requirements of modern railway, industrial, and infrastructure projects. 

It holds source approval for various infrastructure projects from the Ministry of Road Transport and Highways (MORTH) for supplying Elastomeric Bearings, Expansion Joints, POT-PTFE Bearings, and Strip Seal Joints and is an approved vendor with the Research Designs & Standards Organisation (RDSO) for supplying Elastomeric Bearings, Expansion Joints, POT-PTFE Bearings, Composite Grooved Rubber Sole Plates (CGSRP), and UIC Rubber Vestibules across India. 

It is also listed in the Indian Railways vendor directory of approved manufacturers for Elastomeric Bearings, Expansion Joints, POT-PTFE Bearings, UIC Rubber Vestibules and Composite Grooved Rubber Sole Plates and have secured approvals from the Ministry of Railways and the Dedicated Freight Corridor Corporation of India (DFCC) for projects on the Eastern and Western Corridors. Internationally, its products have been supplied to projects in the Kingdom of Saudi Arabia since 2020, and its CE compliance for Rubber Sheets, Structural Bearings, Elastomeric Bearings, and Elastomeric Seals further strengthens its global market presence. 

Business area of the company

The company is engaged in the manufacturing, supply, and export of rubber-based products catering primarily to the requirements of the railways, infrastructure, and other commercial applications. It caters both domestic and international markets. Domestically, it serves direct customers, traders, and stockists, while internationally, it collaborates with authorized distributors, traders, and marketing representatives.

Products of the company

  • Elastomeric Bridge Bearings
  • POT-PTFE Bearings and Spherical Bearings
  • Strip Seal and compression seal Expansion Joints
  • Slab Seal Expansion Joints
  • Composite Grooved Rubber Sole Plates
  • UIC Rubber Vestibule for Railway
  • Rubberized Level Crossings for Railways
  • Moulded and Long Length Rubber Sheets
  • Gym Mats and Rolls
  • Cow Mats
  • Rubber Beadings
  • Other Commercial Rubber products

History and milestones 

  • 2006: Incorporation of the company 
  • 2006-07: Started production at facility situated at Plot No. P9/18 1A, Road No. 8, IDA Nacharam, Hyderabad, Telangana, 500076 
  • 2008: The company was empanelled in approved suppliers list of Ministry of Road Transport and Highways for supply and manufacture of elastomeric bridge bearings. 
  • 2009: The company received approval from RDSO for manufacturing and supply of UIC Rubber Vestibules 
  • 2012: The company was empanelled in approved suppliers list of Ministry of Road Transport and Highways for supply and manufacture of POT-PTFE bridge bearings. 
  • 2022: The company opens another plant at Kucharam Village, with 8094 sq. mtrs of land used for the facility and 1899 sq mtrs of land reserved for a green belt buffer zone. 
  • 2022: Amalgamation of Cemcon Rubber Private Limited with the company vide RD Order dated July 29, 2022. 
  • 2024: Established Subsidiary namely Ameenji Rubber Inc. in the State of North Carolina, United States of America. 
  • 2024: The Nacharam unit of the company was shifted to the Kucharam unit, thereby consolidating production operations of the company and increasing efficiency. 
  • 2024: Conversion of the company from Private Limited to Public Limited Company. 
  • 2025: The company enhances the scope of its NABL ISO/IEC 17025-2017 Accreditation for its in-house laboratory and is issued an approval for 4 years.

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