BSECompany Update2d ago · 17 Aug 2026, 06:14 pm
Press Release for Q1-FY 2027 Financial Results
Indag Rubber Ltd-$ · 509162
✦ AI Summary▲ PositiveResults
Indag Rubber Ltd has announced its Q1 FY 2027 financial results, with a 26% YoY increase in total revenue to ₹60.45 crores, and a 108% YoY growth in EBITDA to ₹8.20 crores. The company's PAT margin expanded by 456 bps YoY to 8.4%. The strong performance was driven by disciplined execution of product mix, channel mix, and pricing management.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
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
August 17, 2026
BSE Limited
Phiroze Jeejeebhoy Towers, (Company code‐1321)
Dalal Street, (Scrip code‐509162)
Mumbai-400001.
Sub.: Press Release for Q1 FY2027 Financial Results.
Dear Ma’am/Sir,
Please find enclosed Press Release for Q1 FY2027 Financial Results for the information of the
investors and public at large.
Thanking you.
Yours faithfully,
For Indag Rubber Limited
Sonal Garg
Company Secretary & Compliance Officer
(ACS 24598)
---------- The only alternative to new tyres -------------
THE ONLY ALTERNATE TO NEW TYRES…SINCE 1978
Q1 FY27 Financial Highlights
Investor Release
17 August 2026, New Delhi; Indag Rubber Limited, one of India’s leading tread manufacturing
Company, has declared its unaudited Financial Results for the quarter ended 30th June 2026.
Q1 FY27 Financial Highlights
Particulars (Rs. Crs.)* Q1 FY27 Q1 FY26 Y-o-Y
Total Revenue 60.45 47.96 26%
EBITDA 8.20 3.95 108%
EBITDA Margin 13.6% 8.2% 533 bps
Profit After Tax 5.07 1.84 176%
PAT Margin 8.4% 3.8% 456 bps
* On Standalone Basis, including other income
Commenting on the Result, Mr. Vijay Shrinivas, CEO & Whole Time Director, Indag Rubber Limited
said:
“During Q1FY27, total revenue grew 26% YoY to ₹60.45 crores, while EBITDA grew 108% YoY to
₹8.20 crores (13.6% margin) and Profit After Tax nearly tripled to ₹5.07 crores (vs ₹1.84 crores). The
strong performance was driven by disciplined execution of product mix, channel mix and pricing
management - PAT margin expanded ~456 bps YoY to 8.4%.
The Company continues to serve performance-seeking customers through the Indag-branded
product portfolio, with deeper engagement of our franchisee partners through structured technical
training, on-ground audits, and faster information flow on raw-material trends.
The 2026 West Asia escalation lifted key input costs - natural rubber and PBR touched multi-year
highs through Q1FY27; we are actively managing this through raw-material monitoring, calibrated
price pass-through, 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-continued to build on its FY26 foundation and
commenced its commercial production and dispatches during the quarter.”
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