INDAG

Indag Rubber financials

Market cap
₹228 Cr

Quarterly results

Q1 FY27: revenue up 55.7%, net profit up 492.9% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue62 56 55 45 53 −15%56 +1%61 +10%70 +56%
EBITDA1 -0 -0 0 3 +111%3 +933%3 +1007%6 +2077%
Net profit3 0 1 1 3 −8%2 +1700%2 +259%5 +493%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +6.9% 1Y

₹80₹100₹120₹140Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹123.1 on 10 Sept 2025 → ₹131.6. High ₹139.9 (20 Nov 2025), low ₹81.76 (3 Jun 2026).

Financials, as filed

Revenue fell 6.1% a year over 1 year, FY25 to FY26. Operating margin widened to 4.1%.

Year endingFY25FY26
Revenue₹228 Cr₹215 Cr
Operating profit₹2 Cr₹9 Cr
Operating margin0.8%4.1%
Interest₹1 Cr₹1 Cr
Depreciation₹7 Cr₹7 Cr
Net profit₹5 Cr₹8 Cr
Net margin2.1%3.7%
Cash from operations₹3 Cr₹9 Cr
Free cash flow₹0 Cr₹6 Cr
ROCE3.0%5.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY20FY21FY22FY24FY25FY26
Equity capital₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr₹5 Cr
Reserves₹182 Cr₹192 Cr₹201 Cr₹221 Cr₹225 Cr₹226 Cr
Borrowings₹11 Cr₹0 Cr₹0 Cr₹10 Cr₹9 Cr₹18 Cr
Other liabilities₹28 Cr₹39 Cr₹27 Cr₹35 Cr₹33 Cr₹55 Cr
Total liabilities₹226 Cr₹237 Cr₹234 Cr₹271 Cr₹272 Cr₹304 Cr
Fixed assets₹41 Cr₹25 Cr₹45 Cr₹64 Cr₹58 Cr₹56 Cr
Capital work in progress₹10 Cr₹19 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹79 Cr₹91 Cr₹112 Cr₹122 Cr₹143 Cr₹139 Cr
Other assets₹95 Cr₹101 Cr₹75 Cr₹85 Cr₹72 Cr₹110 Cr
Total assets₹226 Cr₹237 Cr₹234 Cr₹271 Cr₹272 Cr₹304 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

The ownership split has held steady since Jun 2025. The shareholder count shrank 8% to 11,597.

Promoters
73.3%
Public
26.6%

Since Jun 2025

  • Public −0.01 pp
  • Promoters 0.00 pp
  • FIIs 0.00 pp

How it drifted, 12 quarters

Over this window the public went from 24.3% to 26.6% — +2.3 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 73.3%, FIIs 1.2%, DIIs 1.1%, Public 24.3%.Dec '23: Promoters 73.3%, FIIs 1.2%, Public 25.4%.Mar '24: Promoters 73.3%, FIIs 1.0%, Public 25.7%.Jun '24: Promoters 73.3%, FIIs 0.6%, Public 26.0%.Sep '24: Promoters 73.3%, Public 26.6%.Dec '24: Promoters 73.3%, Public 26.7%.Mar '25: Promoters 73.3%, Public 26.6%.Jun '25: Promoters 73.3%, Public 26.7%.Sep '25: Promoters 73.3%, Public 26.7%.Dec '25: Promoters 73.3%, Public 26.7%.Mar '26: Promoters 73.3%, Public 26.6%.Jun '26: Promoters 73.3%, Public 26.6%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Indag Rubber Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Jeet Nabha Khemka 33.37%unchanged
Khemka Aviation Pvt Ltd 23.89%unchanged
Uday Harsh Khemka 4.76%unchanged
Urvashi Rajya Laxmi Rana Khemka 4.76%unchanged
Unipatch Rubber Ltd 4.52%unchanged
Tejas B. Trivedi 3.47%unchanged
Sun London Limited 1.43%unchanged
Sunit Dhansukhlal Parikh 1.35%unchanged
Pankaj Dilip Pvt Ltd 1.26%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 1.21%unchanged
Sun Securities Limited 0.52%unchanged
Nand Lal Khemka 0.07%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

Learn to analyse Indag Rubber Ltd.

Guides on how to read this kind of business and the numbers that matter.