StockWatch
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Tyres & Rubber Products
AGM/EGM19 Aug 2026, 05:11 pm

Indag Rubber Ltd Reports FY26 Profit Up 47%

AI Summary

Indag Rubber Limited held its 47th Annual General Meeting on August 12, 2026. The company reported a total income of approximately ₹225 crores for FY26, a slight decrease from ₹237 crores in the previous year. However, profit before finance cost and depreciation increased to ₹22.43 crores from ₹16.48 crores. Profit after tax for FY26 stood at ₹12.38 crores, a significant rise from ₹8.42 crores in FY25. This improvement was attributed to a more favorable raw material cost environment and an improved product/channel mix. The company anticipates FY27 to remain volatile due to global supply dynamics and crude oil price cycles, with potential impacts from escalating tensions in West Asia.

Key Highlights

  • FY26 PAT increased by 47% to ₹12.38 crores.
  • Profit before finance cost and depreciation rose to ₹22.43 crores.
  • Favorable raw material costs and better product mix boosted profitability.
  • FY27 outlook is volatile due to global supply and oil price concerns.