Elgi Rubber Q1 FY27: profit jumps on land sale, overseas units shutting

Going ConcernEmphasis Of MatterRevenue DeclinePat Growth 25pctExceptional ItemRelated Party TransactionsResults View source PDF Explain this filing

ELGIRUBCO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹59.19

prior close

₹58.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-0.5% vs market

Rubber peers, median of 9sector+1.1%-1.4% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 1.4 pts less than its Rubber peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.0

10m

+1.9

15m

+1.8

30m

+2.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.2-0.5+1.1-1.4

Next day

+1.5+0.2+1.2-0.0+1.5

+1.3+0.4+0.9-0.6+1.9

-2.1+0.7-2.8+0.2-2.3

-4.0+0.1-4.1-0.1-3.8

+1.8+0.7+1.1+1.0+0.8

+1.2+1.2+0.0-1.5+2.7

15d

-0.1+0.7-0.8-4.4+4.3

-6.2-1.2-5.0-7.6+1.4

-7.2-1.1-6.1-8.2+1.0

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UpDownMarket · Nifty Microcap 250Sector · Rubber peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q1 FY27 standalone revenue fell to Rs 58.43 cr from Rs 63.74 cr, but PAT jumped to Rs 43.23 cr from Rs 6.04 cr, boosted by a one-time land sale gain of Rs 43.26 cr. Consolidated revenue dropped 19% to Rs 70.09 cr. Board reversed Rs 1.66 cr interest from US and Brazil units and shut down Kenya and Australia subsidiaries. Auditors flagged going concern uncertainty for three loss-making foreign units.

Likely market impact

Profit jump comes from a one-time land sale, not core growth. Going concern flag on three overseas subsidiaries and revenue decline are concerns.