Latex rubber thread manufacturing accounts for 97.5% of FY26 segment revenue at Rs 504.62 crore, with corrugated carton boxes making up the remaining 2.5% at Rs 12.71 crore. A paper tissue business runs through wholly-owned subsidiary Premier Tissues India Limited and is folded into consolidated figures. Consolidated FY26 revenue totalled Rs 602.5 crore, with net profit of Rs 26.61 crore and an EBITDA margin of 8.02%. Raw materials are the dominant input cost at 74.2% of revenue, followed by other operating expenses at 12.1% and employee costs at 7.3%, with depreciation at 1.8% and capex at 2.6% of revenue. Standalone FY26 revenue rose 9.2% year-on-year to Rs 511.72 crore. The board has recommended a Rs 2 per share dividend (40% payout) for FY26. End-use applications, customer mix, and installed capacity are not disclosed in the pack. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Latex Rubber Thread (98%), Corrugated Carton Box (3%), Paper Tissue. Materials-heavy industrial rubber products and packaging manufacturer
| ₹ crore · consolidated | FY21 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 323 | 457 | 470 | 550 | 602 |
| EBITDA (ex other income) | 49 | 37 | 36 | 45 | 40 |
| margin % | 15.2 | 8.2 | 7.7 | 8.1 | 6.7 |
| Owners' profit | 33 | 26 | 25 | 30 | 27 |
| EPS, as reported (₹) | 6.38 | 4.83 | 4.62 | 5.51 | 5.03 |
| ROE % · ROCE % | 17.0 · 21.0 | 10.3 · 12.7 | 9.4 · 11.0 | 10.0 · 12.4 | 8.6 · 10.9 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 16 | 30 | 28 | 25 | (12) |
| Capex | (22) | (27) | (4) | (7) | (16) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 135 | 138 | 147 | 145 | 150 | 147 | 161 | 133 |
| Profit before tax | 8 | 11 | 11 | 9 | 11 | 7 | 10 | 8 |
| Net profit | 6 | 8 | 8 | 7 | 8 | 6 | 6 | 6 |
| EPS (₹) | 1.11 | 1.47 | 1.62 | 1.23 | 1.47 | 1.01 | 1.31 | 1.07 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Latex Rubber Thread | 385 | 62.9 |
| Corrugated Carton Box | 10 | 1.6 |
| Paper Tissue | 69 | 11.2 |
| LATEX RUBBER THREAD | 120 | 19.6 |
| CORRUGATED CARTON BOX | 3 | 0.5 |
| PAPER TISSUE | 26 | 4.3 |
| Total, before eliminations | 612 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 11 Sept 2026 · Board okays promoter reclassification to public category | ownership changes | high | — | — |
| 8 Sept 2026 · AGM notice published in Business Line and Kerala Kaumudi | compliance | minimal | — | — |
| 7 Sept 2026 · Notice published for 33rd AGM on 29 September 2026 | compliance | minimal | — | — |
| 5 Sept 2026 · 33rd AGM Notice and Annual Report FY26; Rs 2 dividend; Rs 61 Cr PTIL divestment to related party | board shareholder meetings | low | — | — |
| 4 Sept 2026 · Rubfila informs exchanges about newspaper publication for unpaid dividend transfer to IEPF | compliance | minimal | — | — |
| 20 Aug 2026 · Rubfila Board approves sale of Premier Tissues subsidiary for Rs 61 crore | strategic transactions | high | — | — |
| 19 Aug 2026 · Submission of Q1 FY27 unaudited results newspaper publication | compliance | minimal | — | — |
| 13 Aug 2026 · Board meeting on 20 Aug; trading window closed from 14 Aug | compliance | minimal | — | — |
| 13 Aug 2026 · Board meeting on August 20 to consider subsidiary valuation and AGM | strategic transactions | medium | — | — |
| 12 Aug 2026 · Filing of insider trading compliance certificate for Q1 FY27 | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| APCOTEX INDUSTRIES LIMITE | 3,130 | 19.4 | 5.04 | — | 16.3 | 19.6 | — | 22.8 |
| PIX TRANSMISSIONS LIMITED | 2,347 | 17.8 | 3.37 | 13.3 | 15.3 | 19.2 | 7.8 | 49.0 |
| TINNA RUBBER AND INFR LTD | 1,867 | 29.8 | 6.21 | 20.8 | 17.6 | 20.1 | 33.2 | 22.1 |
| GRP LIMITED | 1,021 | 180.2 | 5.73 | 29.6 | 1.8 | 2.9 | 13.9 | 11.1 |
| RUBFILA INTERNATIONAL LTD ◆ | 374 | 14.2 | 1.21 | 7.5 | 8.6 | 10.9 | 13.3 | 8.1 |
| HARRISON MALAYALAM LTD | 342 | 12.6 | 1.91 | 9.2 | 16.3 | 10.1 | 3.6 | 7.1 |
| ELGI RUBBER CO. LTD | 290 | — | 3.84 | — | (317.4) | (143.8) | 1.3 | 79.5 |
| AMEENJI RUBBER LIMITED | 248 | 31.3 | — | — | — | 11.2 | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 14.2 | 17.6 | 4 of 10 | 67% |
| P/B | 1.2 | 3.0 | 2 of 10 | 89% |
| ROCE | 10.9 | 10.9 | 6 of 11 | 50% |
| ROE | 8.6 | 15.1 | 7 of 10 | 33% |
| Debt / Equity | 0.0 | 0.4 | 1 of 10 | 89% |
| EBITDA margin | 8.1 | 16.9 | 9 of 10 | 11% |
| Revenue growth | (7.9) | 22.8 | 8 of 9 | 13% |
| Profit growth | (13.3) | 75.2 | 8 of 9 | 13% |
| Market cap | 374 | 342 | 5 of 11 | 60% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
