RUBFILA
Rubfila International financials
- Market cap
- ₹372 Cr
- Sector
- Capital Goods
Quarterly results
Q1 FY27: revenue down 10.7%, net profit up 0.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 114 | 117 | 126 | 123 | 128 +12% | 122 +4% | 139 +10% | 110 −11% |
| EBITDA | 7 | 10 | 12 | 9 | 10 +31% | 8 −22% | 12 +2% | 9 +5% |
| Net profit | 5 | 7 | 8 | 6 | 7 +56% | 5 −25% | 8 +7% | 6 +1% |
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 −19.2% 1Y
1Y: ₹84.78 on 10 Sept 2025 → ₹68.51. High ₹86.11 (17 Sept 2025), low ₹57.97 (27 Mar 2026).
Financials, as filed
Revenue grew 11.3% a year over 3 years, FY23 to FY26. Operating margin narrowed to 7.4%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹371 Cr | ₹386 Cr | ₹468 Cr | ₹512 Cr |
| Operating profit | ₹34 Cr | ₹28 Cr | ₹38 Cr | ₹38 Cr |
| Operating margin | 9.2% | 7.2% | 8.0% | 7.4% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹7 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Net profit | ₹23 Cr | ₹19 Cr | ₹25 Cr | ₹26 Cr |
| Net margin | 6.3% | 4.9% | 5.3% | 5.1% |
| Cash from operations | ₹30 Cr | ₹20 Cr | ₹23 Cr | ₹-11 Cr |
| Free cash flow | ₹4 Cr | ₹20 Cr | ₹16 Cr | ₹-20 Cr |
| ROCE | 13.0% | 9.0% | 13.0% | 13.0% |
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 ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr | ₹27 Cr |
| Reserves | ₹166 Cr | ₹202 Cr | ₹216 Cr | ₹229 Cr | ₹250 Cr | ₹264 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹46 Cr | ₹46 Cr | ₹45 Cr | ₹47 Cr | ₹51 Cr | ₹53 Cr |
| Total liabilities | ₹239 Cr | ₹275 Cr | ₹289 Cr | ₹303 Cr | ₹328 Cr | ₹344 Cr |
| Fixed assets | ₹104 Cr | ₹128 Cr | ₹149 Cr | ₹145 Cr | ₹142 Cr | ₹141 Cr |
| Capital work in progress | ₹5 Cr | ₹3 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Investments | ₹32 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr |
| Other assets | ₹98 Cr | ₹112 Cr | ₹107 Cr | ₹126 Cr | ₹154 Cr | ₹169 Cr |
| Total assets | ₹239 Cr | ₹275 Cr | ₹289 Cr | ₹303 Cr | ₹328 Cr | ₹344 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
Since Jun 2025, promoters added +1.23 pp while the public trimmed −1.20 pp. The shareholder count shrank 9% to 36,905.
- Promoters
- 58.5%
- FIIs
- 0.0%
- Public
- 41.5%
Since Jun 2025
- Promoters +1.23 pp
- Public −1.20 pp
- FIIs −0.02 pp
How it drifted, 12 quarters
Over this window promoters went from 57.2% to 58.5% — +1.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 57.2%, Public 42.8%.Dec '23: Promoters 57.2%, Public 42.8%.Mar '24: Promoters 57.2%, Public 42.7%.Jun '24: Promoters 57.2%, Public 42.8%.Sep '24: Promoters 57.2%, Public 42.8%.Dec '24: Promoters 57.2%, Public 42.8%.Mar '25: Promoters 57.2%, FIIs 0.0%, Public 42.8%.Jun '25: Promoters 57.2%, FIIs 0.0%, Public 42.7%.Sep '25: Promoters 57.8%, FIIs 0.2%, Public 42.1%.Dec '25: Promoters 57.8%, FIIs 0.1%, Public 42.1%.Mar '26: Promoters 58.3%, FIIs 0.0%, Public 41.7%.Jun '26: Promoters 58.5%, FIIs 0.0%, Public 41.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Ishaan Tradefin newly disclosed 1.11% held
- Hardik Bharat Patel +0.20 pp 8.59% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Rubfila International Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Minal Bharat Patel | 28.46% | unchanged |
| The Estate Of Bharat Jayantilal Patel | 12.34% | unchanged |
| Hardik Bharat Patel | 8.59% | +0.20 pp |
| Kerala State Industrial Development Corporation NBFC / DFI | 5.04% | unchanged |
| Investor Education and Protection Fund | 4.01% | unchanged |
| Zaki Abbas Nasser | 2.37% | unchanged |
| Ruchit Bharat Patel | 2.35% | unchanged |
| Bharati Bharat Dattani | 1.28% | unchanged |
| Ishaan Tradefin | 1.11% | newly disclosed |
| Shweta Hardik Patel | 0.21% | unchanged |
| Tanvi Ruchit Patel | 0.21% | 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.
What the price assumes
ExpensiveTo justify its price of ₹69, this stock must grow earnings at 8% every year for 7 years. Our analysis caps realistic growth at ~4%. At that growth it is worth ₹56 — downside of 19%.
- Growth the price implies
- 7.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 4.0% a year
- net profit, FY23–FY26 · EPS 4.0%
- The gap
- 0.0 pp
- -19% downside if it only repeats history
Learn to analyse Rubfila International Limited
Guides on how to read this kind of business and the numbers that matter.