BSECompany Update2d ago · 10 Nov 2026, 06:01 pm

Press release for Q2 and H1 FY 2027 results.

Indag Rubber Ltd-$ · 509162

✦ AI Summary▲ PositiveResults

Indag Rubber Ltd-$ has declared its audited Financial Results for the quarter and half year ended 30th September 2026. Total revenue increased by 27% YoY to ₹69.84 crore, supported by higher sales volumes. EBITDA stood at ₹5.60 crore (8.0% margin) and Profit After Tax stood at ₹3.28 crore (4.7% margin). The company continues to serve performance-seeking customers through the Indag-branded product portfolio.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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Indag Rubber Ltd-$ - 509162 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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lndag Rubber Limited Regd. Office: Khemka House, 11, Community Centre, Saket, New Delhi ·110017, India Phone: 26963172-73, 26961211, 26863310, 41664818, 41664043; Fax: 011- 26856350 E-mail: info@indagrubber.com; Website: www.indagrubber. com; CIN-L74899DL1978PLC009038 Works: VPO Bhogpur, Jhiriwala, Tehsil Nalagarh, Distt. Solan, Himachal Pradesh - 174101, India Phone: +91-9736000123 ISO 900 1: 2015 ISO 14001:2015 ISO 45001:2018 November 10, 2026 (Company code‐1321) BSE Limited (Scrip code‐509162) Phiroze Jeejeebhoy Towers, Dalal Street, M umbai-400001. Sub.: Press Release for Q2 & HY1 FY2027 Financial Results. Dear Ma’am/Sir, Please find enclosed Press Release for Q2 & H1 FY2027 Financial Results for the information of the investors and public at large. Thanking you. For Indag Rubber Limited Yours faithfully, Sonal Garg Company Secretary & Compliance Officer (ACS 24598) ---------- The only alternative to new tyres ------------- THE ONLY ALTERNATE TO NEW TYRES…SINCE 1978 Q2 & H1 FY27 Financial Highlights Press Release 10 November 2026, New Delhi; Indag Rubber Limited, one of India’s leading tread manufacturing Company, has declared its audited Financial Results for the quarter and half year ended 30th September 2026. Q2 & H1 FY27 Financial Highlights Particulars (Rs. Crs.)* Q2 FY27 Q2 FY26 Y-o-Y H1 FY27 H1 FY26 Y-o-Y Total Revenue 69.8 55.0 27.0% 130.3 103.0 26.5% EBITDA 5.6 6.2 -10% 13.8 10.1 36% EBITDA Margin 8.0% 11.3% -324 bps 10.6% 9.9% 74 bps Profit After Tax 3.3 3.6 -9% 8.4 5.5 53% PAT Margin 4.7% 6.6% -188 bps 6.4% 5.3% 111 bps * On Standalone Basis, including other income Dividend: The Board has declared an interim dividend of ₹0.90 per equity share of face value ₹2 for FY27. The record date is 16 November 2026. Commenting on the Result, Mr. Vijay Shrinivas, CEO & Whole Time Director, Indag Rubber Limited said: “During Q2FY27, total revenue increased by 27% YoY to ₹69.84 crore, supported by higher sales volumes. EBITDA stood at ₹5.60 crore (8.0% margin) and Profit After Tax stood at ₹3.28 crore (4.7% margin). For H1FY27, total revenue increased by 27% YoY to ₹130.28 crore, EBITDA grew by 36% to ₹13.80 crore (10.6% margin) and Profit After Tax stood at ₹8.35 crore (6.4% margin). The Company continues to serve performance-seeking customers through the Indag-branded product portfolio. During the quarter we hosted our top-performing dealers at the CEO's Club meet and continued structured technical training and on-ground audits with our franchisee partners. Raw-material costs stayed high in Q2FY27 after the 2026 West Asia escalation and weighed on the quarter's margins; we continue to manage this through calibrated price pass-through, raw-material monitoring, and supplier and geography diversification. Indag has successfully navigated multiple raw-material cycles before, and we remain committed to driving long-term value through a differentiated, customer-centric approach. The retreading industry’s value proposition continues to be strong - • Economically: A retreaded tyre saves up to ~70% of new tyre cost and brings cost-per-kilometre down to nearly a third - directly benefiting fragmented fleet owners and operators in India. • Environmentally: A retreaded tyre saves 57 ltrs of Oil, 44kg of rubber, translating to ~136 kg of lower CO₂ emissions versus a new tyre. Our subsidiary, Millenium Manufacturing Systems – an EMS provider in the power-electronics segment for the global green energy transition – has completed its first commercial serial order: all systems have been invoiced and despatched to the customer in Europe.” THE ONLY ALTERNATE TO NEW TYRES…SINCE 1978 About Indag Rubber Limited Indag Rubber Limited (IRL) is founded by Khemka Group during the early 80's. IRL pioneered the introduction of Cold Retreading Technology in India. Since then, the Company has provided Retreading material to customers ranging from Precured Tread Rubber to Envelopes. IRL has state-of-the-art manufacturing unit established at Nalagarh Industrial Estate in Himachal Pradesh with an Annual Capacity to manufacture 20,000 tons of Precured Tread Rubber (PTR) along with allied items. With the Best Quality product and reasonable pricing with wide distribution network, Company provides Tread which promises “Lowest Cost per Kilometer” to our customers Safe Harbor Statement Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward- looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors. For further information, please contact: Company : Investor Relations Advisors : CIN: L74899DL1978PLC009038 CIN: U74140MH2010PTC204285 Mr. Anil Bhardwaj, G.M.(Accounts) & CFO Mr. Deven Dhruva / Mr. Ronak Jain anil@indagrubber.com deven.dhruva@sgapl.net / ronak.jain@sgapl.net +91 9833373300 / +91 9820950544 www.indagrubber.in www.sgapl.net