Nifty

:

14433.70

Sensex

:

49034.67

-161.90 (-1.11%)
-549.49 (-1.11%)

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Nifty
Sensex

:
:

14433.70
49034.67

-161.90 (-1.11%)
-549.49 (-1.11%)

Indag Rubber Ltd.

Rubber Products

Rating :

54/99

BSE: 509162 | NSE: Not Listed

Watchlist

NSE BSE

92.85

15-Jan-2021

Open
High
Low
Previous Close

96.85
98.50
92.50
96.30

Volume
Traded Value (lacs)
52 Week High
52 Week Low

119
7.23
109.00
45.90

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

252.79
24.45
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

258.83
2.49%
1.30

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

2.22
-5.87
4.34

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-0.06
-18.68
-1.69

PAT CAGR (%)

10 Years
5 Years
3 Years

2.14
-16.11
-4.91

P:E (Median)

8 Years
5 Years
3 Years

-
18.48
18.64

P:BV (Average)

8 Years
5 Years
3 Years

0.82
1.40
1.43

EV:EBITDA (Average)

8 Years
5 Years
3 Years

5.51
9.38
10.73

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 20 Sep 19 Var% Jun 20 Jun 19 Var% Mar 20 Mar 19 Var% Dec 19 Dec 18 Var%
Net Sales 45.89 51.12 -10.23% 25.63 49.08 -47.78% 35.39 42.02 -15.78% 51.18 43.00 19.02%
Expenses 40.87 46.29 -11.71% 26.12 45.28 -42.31% 33.62 40.64 -17.27% 45.45 40.62 11.89%
EBITDA 5.02 4.83 3.93% -0.49 3.80 - 1.77 1.38 28.26% 5.73 2.38 140.76%
EBIDTM 10.94% 9.45% -1.90% 7.74% 5.00% 3.28% 11.20% 5.53%
Other Income 2.24 1.00 124.00% 0.64 1.55 -58.71% 1.39 1.65 -15.76% 0.64 1.22 -47.54%
Interest 0.07 0.06 16.67% 0.06 0.06 0.00% 0.06 0.05 20.00% 0.07 0.06 16.67%
Depreciation 0.85 0.92 -7.61% 0.74 0.96 -22.92% 0.94 0.77 22.08% 0.93 0.78 19.23%
PBT 6.35 4.86 30.66% -0.66 4.33 - 2.16 2.21 -2.26% 5.37 2.75 95.27%
Tax 1.57 0.44 256.82% -0.21 1.41 - 0.32 0.30 6.67% 1.27 0.65 95.38%
PAT 4.79 4.42 8.37% -0.44 2.92 - 1.85 1.91 -3.14% 4.10 2.10 95.24%
PATM 10.43% 8.65% -1.73% 5.95% 5.21% 4.55% 8.01% 4.89%
EPS 1.82 1.68 8.33% -0.17 1.11 - 0.70 0.73 -4.11% 1.56 0.80 95.00%

Description Sep 20 Sep 19 Var% Jun 20 Jun 19 Var% Mar 20 Mar 19 Var% Dec 19 Dec 18 Var%
Net Sales 46.76 51.98 -10.04% 26.70 50.22 -46.83% 36.66 43.26 -15.26% 52.16 44.12 18.22%
Expenses 41.27 46.66 -11.55% 26.51 45.73 -42.03% 34.08 41.09 -17.06% 45.86 41.04 11.74%
EBITDA 5.49 5.31 3.39% 0.19 4.50 -95.78% 2.58 2.17 18.89% 6.30 3.08 104.55%
EBIDTM 11.75% 10.22% 0.72% 8.95% 7.04% 5.02% 12.08% 6.98%
Other Income 2.27 1.01 124.75% 0.66 1.55 -57.42% 1.48 1.77 -16.38% 0.64 1.22 -47.54%
Interest 0.36 0.39 -7.69% 0.37 0.39 -5.13% 0.37 0.39 -5.13% 0.39 0.41 -4.88%
Depreciation 1.04 1.10 -5.45% 0.93 1.15 -19.13% 1.12 0.95 17.89% 1.12 0.97 15.46%
PBT 6.37 4.83 31.88% -0.44 4.51 - 2.58 2.60 -0.77% 5.44 2.92 86.30%
Tax 1.57 0.43 265.12% -0.18 1.45 - 0.38 0.37 2.70% 1.28 0.69 85.51%
PAT 4.80 4.40 9.09% -0.26 3.07 - 2.19 2.23 -1.79% 4.17 2.24 86.16%
PATM 10.26% 8.46% -0.98% 6.11% 5.98% 5.16% 7.98% 5.07%
EPS 1.80 1.68 7.14% -0.17 1.14 - 0.75 0.75 0.00% 1.55 0.83 86.75%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11
Net Sales 158.09 186.77 168.72 163.97 183.58 252.80 241.89 232.24 234.63 216.13 149.93 Net Sales Growth -14.65% 10.70% 2.90% -10.68% -27.38% 4.51% 4.16% -1.02% 8.56% 44.15% Cost Of Goods Sold 101.23 121.07 115.26 107.41 107.89 150.69 156.63 154.31 164.18 155.54 108.95 Gross Profit 56.86 65.70 53.45 56.56 75.70 102.11 85.25 77.93 70.45 60.59 40.97 GP Margin 35.97% 35.18% 31.68% 34.49% 41.24% 40.39% 35.24% 33.56% 30.03% 28.03% 27.33% Total Expenditure 146.06 170.51 156.64 146.02 154.42 207.09 200.86 195.02 200.45 186.53 133.57 Power & Fuel Cost - 4.48 3.91 3.86 4.67 5.53 4.92 5.50 5.19 4.54 4.01 % Of Sales - 2.40% 2.32% 2.35% 2.54% 2.19% 2.03% 2.37% 2.21% 2.10% 2.67% Employee Cost - 20.60 17.75 16.08 19.36 21.02 17.44 15.24 13.36 10.97 7.73 % Of Sales - 11.03% 10.52% 9.81% 10.55% 8.31% 7.21% 6.56% 5.69% 5.08% 5.16% Manufacturing Exp. - 4.65 3.74 1.66 2.01 5.03 4.32 4.23 4.35 3.32 2.91 % Of Sales - 2.49% 2.22% 1.01% 1.09% 1.99% 1.79% 1.82% 1.85% 1.54% 1.94% General & Admin Exp. - 9.69 8.60 10.30 12.40 12.21 9.36 8.56 7.71 6.43 5.98 % Of Sales - 5.19% 5.10% 6.28% 6.75% 4.83% 3.87% 3.69% 3.29% 2.98% 3.99% Selling & Distn. Exp. - 7.86 5.30 4.70 6.32 9.63 7.17 5.76 4.93 4.34 3.58 % Of Sales - 4.21% 3.14% 2.87% 3.44% 3.81% 2.96% 2.48% 2.10% 2.01% 2.39% Miscellaneous Exp. - 2.16 2.08 2.00 1.78 2.98 1.02 1.43 0.73 1.38 3.58 % Of Sales - 1.16% 1.23% 1.22% 0.97% 1.18% 0.42% 0.62% 0.31% 0.64% 0.27% EBITDA 12.03 16.26 12.08 17.95 29.16 45.71 41.03 37.22 34.18 29.60 16.36 EBITDA Margin 7.61% 8.71% 7.16% 10.95% 15.88% 18.08% 16.96% 16.03% 14.57% 13.70% 10.91% Other Income 4.91 4.58 5.05 7.06 6.20 5.49 3.39 1.64 1.65 1.00 0.35 Interest 0.26 0.38 0.41 0.33 0.52 0.56 0.40 0.31 0.42 1.25 1.13 Depreciation 3.46 3.74 3.14 3.06 2.96 2.76 1.96 2.52 2.49 2.34 1.93 PBT 13.22 16.72 13.58 21.63 31.88 47.89 42.05 36.02 32.91 27.01 13.65 Tax 2.95 3.44 3.01 5.87 10.00 15.91 9.46 8.47 7.94 6.14 2.89 Tax Rate 22.31% 20.57% 22.16% 27.14% 31.37% 33.22% 22.50% 23.51% 24.13% 22.73% 21.17% PAT 10.30 13.28 10.57 15.76 21.87 31.97 32.59 27.55 24.97 20.87 10.75 PAT before Minority Interest 10.30 13.28 10.57 15.76 21.87 31.97 32.59 27.55 24.97 20.87 10.75 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 6.52% 7.11% 6.26% 9.61% 11.91% 12.65% 13.47% 11.86% 10.64% 9.66% 7.17% PAT Growth -9.25% 25.64% -32.93% -27.94% -31.59% -1.90% 18.29% 10.33% 19.65% 94.14% EPS 3.92 5.05 4.02 5.99 8.32 12.16 12.39 10.48 9.49 7.94 4.09

Description TTM Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 162.28 191.02 173.04 168.14 185.00 Net Sales Growth -14.40% 10.39% 2.91% -9.11% Cost Of Goods Sold 101.22 121.07 115.26 107.41 107.89 Gross Profit 61.06 69.95 57.77 60.73 77.11 GP Margin 37.63% 36.62% 33.39% 36.12% 41.68% Total Expenditure 147.72 172.19 158.27 147.63 155.08 Power & Fuel Cost - 4.52 3.95 3.89 4.67 % Of Sales - 2.37% 2.28% 2.31% 2.52% Employee Cost - 20.67 17.75 16.08 19.36 % Of Sales - 10.82% 10.26% 9.56% 10.46% Manufacturing Exp. - 4.90 3.98 1.89 2.01 % Of Sales - 2.57% 2.30% 1.12% 1.09% General & Admin Exp. - 10.99 9.93 11.59 13.01 % Of Sales - 5.75% 5.74% 6.89% 7.03% Selling & Distn. Exp. - 7.86 5.30 4.70 6.32 % Of Sales - 4.11% 3.06% 2.80% 3.42% Miscellaneous Exp. - 2.18 2.10 2.07 1.83 % Of Sales - 1.14% 1.21% 1.23% 0.99% EBITDA 14.56 18.83 14.77 20.51 29.92 EBITDA Margin 8.97% 9.86% 8.54% 12.20% 16.17% Other Income 5.05 4.69 5.19 7.11 6.23 Interest 1.49 1.67 1.83 2.12 1.00 Depreciation 4.21 4.49 3.89 3.80 3.17 PBT 13.95 17.36 14.24 21.70 31.98 Tax 3.05 3.54 3.14 5.89 10.05 Tax Rate 21.86% 20.39% 22.05% 27.14% 31.43% PAT 10.90 13.55 10.85 15.76 21.87 PAT before Minority Interest 10.60 13.82 11.11 15.80 21.93 Minority Interest -0.30 -0.27 -0.26 -0.04 -0.06 PAT Margin 6.72% 7.09% 6.27% 9.37% 11.82% PAT Growth -8.71% 24.88% -31.15% -27.94% EPS 4.14 5.15 4.13 5.99 8.32

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11
Shareholder's Funds 186.51 190.25 186.41 176.34 157.12 128.01 103.06 81.66 61.59 44.38 Share Capital 5.25 5.25 5.25 5.25 5.25 5.25 5.25 5.25 5.25 5.25 Total Reserves 181.26 185.00 181.16 171.09 151.87 122.76 97.81 76.41 56.34 39.13 Non-Current Liabilities 3.18 4.14 4.14 3.90 2.62 0.40 1.55 1.47 1.10 0.80 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.69 0.60 0.50 0.00 0.00 0.11 0.15 0.00 0.24 0.33 Current Liabilities 20.63 19.16 19.73 26.98 26.96 36.61 28.65 27.64 24.68 24.13 Trade Payables 15.48 14.43 14.26 18.02 10.85 18.83 12.97 13.73 15.07 10.91 Other Current Liabilities 4.87 4.49 4.25 7.47 14.94 11.71 10.63 9.50 4.76 4.28 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.30 7.21 Short Term Provisions 0.27 0.24 1.21 1.49 1.16 6.07 5.04 4.41 3.55 1.73 Total Liabilities 210.32 213.55 210.28 207.22 186.70 165.02 133.26 110.77 87.37 69.31 Net Block 25.37 26.76 28.72 30.78 27.51 22.28 22.92 23.22 24.19 21.18 Gross Block 38.14 35.82 34.71 33.74 52.15 46.04 45.11 44.09 44.43 39.30 Accumulated Depreciation 12.77 9.06 5.99 2.95 24.65 23.76 22.19 20.87 20.24 18.11 Non Current Assets 116.12 120.14 132.23 95.21 86.77 42.37 48.21 27.32 28.90 26.57 Capital Work in Progress 10.11 0.93 0.21 0.19 4.29 4.36 4.21 0.47 0.22 1.02 Non Current Investment 77.07 90.76 101.77 63.03 53.70 13.97 18.52 0.00 0.00 0.00 Long Term Loans & Adv. 3.26 1.46 0.66 0.98 1.22 1.62 2.55 3.61 4.41 4.30 Other Non Current Assets 0.30 0.23 0.87 0.23 0.05 0.13 0.01 0.02 0.08 0.07 Current Assets 94.20 93.41 78.05 112.00 99.93 122.64 85.05 83.45 58.47 42.74 Current Investments 5.35 8.34 5.15 29.65 29.69 49.50 21.51 26.65 0.50 0.00 Inventories 36.95 38.10 32.79 41.42 29.35 30.41 31.86 31.62 33.68 24.77 Sundry Debtors 37.21 34.46 28.90 29.00 30.12 33.80 25.52 21.14 21.22 14.68 Cash & Bank 3.18 4.68 4.12 5.05 4.31 4.24 3.29 1.81 1.53 1.27 Other Current Assets 11.51 5.95 0.62 0.35 6.46 4.69 2.88 2.21 1.54 2.02 Short Term Loans & Adv. 5.72 1.88 6.47 6.53 5.75 3.92 2.68 1.91 1.10 1.78 Net Current Assets 73.57 74.25 58.32 85.02 72.98 86.03 56.40 55.81 33.79 18.61 Total Assets 210.32 213.55 210.28 207.21 186.70 165.01 133.26 110.77 87.37 69.31

Description Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 187.25 190.82 186.81 176.34 Share Capital 5.25 5.25 5.25 5.25 Total Reserves 182.00 185.57 181.56 171.09 Non-Current Liabilities 13.09 15.00 15.95 15.21 Secured Loans 9.91 10.86 11.81 9.69 Unsecured Loans 0.00 0.00 0.00 1.62 Long Term Provisions 0.69 0.60 0.50 0.00 Current Liabilities 22.04 20.71 21.72 32.13 Trade Payables 15.81 14.65 14.52 18.33 Other Current Liabilities 5.97 5.77 5.98 8.65 Short Term Borrowings 0.00 0.00 0.00 3.62 Short Term Provisions 0.27 0.28 1.22 1.54 Total Liabilities 225.75 229.64 228.41 226.30 Net Block 41.43 43.57 46.25 49.06 Gross Block 56.64 54.32 53.20 52.22 Accumulated Depreciation 15.21 10.76 6.95 3.16 Non Current Assets 129.02 133.89 146.83 110.56 Capital Work in Progress 10.11 0.93 0.21 0.19 Non Current Investment 73.91 87.71 98.82 60.07 Long Term Loans & Adv. 3.27 1.46 0.66 0.98 Other Non Current Assets 0.30 0.23 0.88 0.25 Current Assets 96.74 95.74 81.58 115.74 Current Investments 5.35 8.34 5.15 29.65 Inventories 36.95 38.10 32.79 41.42 Sundry Debtors 37.64 34.46 28.90 29.42 Cash & Bank 4.83 6.50 5.99 6.80 Other Current Assets 11.97 6.42 1.11 0.86 Short Term Loans & Adv. 5.72 1.90 7.65 7.58 Net Current Assets 74.70 75.03 59.87 83.60 Total Assets 225.76 229.63 228.41 226.30

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11
Cash From Operating Activity 8.31 -2.51 13.79 8.72 29.85 30.78 24.64 32.30 15.50 7.95 PBT 16.72 13.58 21.63 31.88 47.89 42.05 36.02 32.91 27.01 13.65 Adjustment -0.15 -1.19 -3.53 -2.89 -1.89 -1.17 1.59 1.15 2.32 2.54 Changes in Working Capital -3.59 -10.58 2.16 -11.31 -2.67 -1.32 -5.47 4.77 -8.75 -5.26 Cash after chg. in Working capital 12.98 1.81 20.26 17.68 43.33 39.56 32.14 38.84 20.58 10.92 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -4.67 -4.32 -6.47 -8.95 -13.48 -8.78 -7.50 -6.54 -5.08 -2.97 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 2.48 9.74 -6.07 -0.44 -22.76 -23.23 -17.46 -26.75 -6.03 -4.58 Net Fixed Assets -11.50 -1.83 -0.99 22.51 -6.04 -1.08 -4.76 0.09 -4.33 -4.53 Net Investments 16.68 7.82 -14.24 -9.29 -19.92 -23.44 -13.38 -26.15 -0.50 0.00 Others -2.70 3.75 9.16 -13.66 3.20 1.29 0.68 -0.69 -1.20 -0.05 Cash from Financing Activity -12.24 -7.73 -7.71 -7.76 -7.74 -6.83 -5.59 -5.64 -9.17 -3.17 Net Cash Inflow / Outflow -1.46 -0.49 0.01 0.53 -0.65 0.72 1.59 -0.09 0.30 0.20 Opening Cash & Equivalents 2.51 3.01 2.99 2.47 3.52 2.81 1.21 1.30 1.00 0.88 Closing Cash & Equivalent 1.05 2.51 3.01 2.99 2.87 3.52 2.81 1.21 1.30 1.08

Description Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 10.46 0.11 16.51 8.08 PBT 17.36 14.24 21.70 31.98 Adjustment 1.76 0.83 -1.06 -2.27 Changes in Working Capital -3.88 -10.59 2.43 -12.65 Cash after chg. in Working capital 15.25 4.48 23.07 17.07 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -4.79 -4.37 -6.56 -8.98 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity 2.59 9.82 -7.52 -15.20 Net Fixed Assets -11.50 -1.83 -0.99 Net Investments 16.68 7.82 -14.24 Others -2.59 3.83 7.71 Cash from Financing Activity -14.68 -10.47 -9.71 8.77 Net Cash Inflow / Outflow -1.63 -0.55 -0.71 1.65 Opening Cash & Equivalents 2.98 3.53 4.24 2.47 Closing Cash & Equivalent 1.35 2.98 3.53 4.24

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11
Book Value (Rs.) 71.05 72.48 71.01 67.18 59.86 48.76 39.26 31.11 23.46 16.91 ROA 6.27% 4.99% 7.55% 11.11% 18.18% 21.85% 22.58% 25.21% 26.64% 16.05% ROE 7.05% 5.61% 8.69% 13.12% 22.43% 28.21% 29.82% 34.87% 39.39% 26.73% ROCE 9.07% 7.43% 12.11% 19.43% 33.98% 36.74% 39.34% 46.13% 49.36% 31.11% Fixed Asset Turnover 5.05 4.79 4.91 4.75 5.19 5.31 5.21 5.31 5.16 4.06 Receivable days 70.01 68.50 62.88 52.87 45.78 44.74 36.66 32.92 30.31 33.57 Inventory Days 73.31 76.64 80.59 63.29 42.80 46.96 49.87 50.74 49.34 55.87 Payable days 32.48 34.27 45.00 35.03 27.65 30.15 26.10 27.19 24.90 33.15 Cash Conversion Cycle 110.84 110.87 98.46 81.13 60.93 61.55 60.43 56.47 54.75 56.29 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.02 0.16 Interest Cover 45.22 34.41 67.17 62.15 86.36 107.05 116.18 78.89 22.64 13.10

Description Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 71.33 72.69 71.17 67.18 ROA 6.07% 4.85% 6.95% 9.69% ROE 7.31% 5.88% 8.70% 12.44% ROCE 9.50% 7.99% 12.18% 17.24% Fixed Asset Turnover 3.44 3.22 3.27 3.93 Receivable days 68.86 66.79 61.80 52.26 Inventory Days 71.68 74.73 78.64 73.58 Payable days 32.84 34.60 45.44 44.41 Cash Conversion Cycle 107.70 106.92 95.00 81.43 Total Debt/Equity 0.06 0.06 0.07 0.08 Interest Cover 11.42 8.80 11.26 32.98

Top Investors:

tejas bhalchandra trivedi

gymkhana partners l.p.

pankaj dilip pvt ltd

Annual Reports:

News Update:

Indag Rubber - Quarterly Results
10th Nov 2020, 20:58 PM

Read More
Indag Rubber disinvests solar business
29th Oct 2020, 13:29 PM

The company will continue to focus on its core business of manufacturing of Precured Tread Rubber
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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