Why is Indag Rubber Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -24.70% of over the last 5 years
2
Flat results in Dec 25
- ROCE(HY) Lowest at 2.79%
- NON-OPERATING INCOME(Q) is 75.44 % of Profit Before Tax (PBT)
3
Risky - Negative Operating Profits
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -23.67%, its profits have risen by 3.3% ; the PEG ratio of the company is 9
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -23.67% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Tyres & Rubber Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Indag Rubber for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Indag Rubber
-23.67%
-0.58
41.09%
Sensex
1.0%
0.08
12.13%
Quality key factors
Factor
Value
Sales Growth (5y)
5.51%
EBIT Growth (5y)
-24.70%
EBIT to Interest (avg)
3.50
Debt to EBITDA (avg)
0.68
Net Debt to Equity (avg)
-0.18
Sales to Capital Employed (avg)
1.00
Tax Ratio
23.41%
Dividend Payout Ratio
74.83%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
3.14%
ROE (avg)
4.87%
Valuation Key Factors 
Factor
Value
P/E Ratio
29
Industry P/E
45
Price to Book Value
1.09
EV to EBIT
-197.95
EV to EBITDA
36.24
EV to Capital Employed
1.10
EV to Sales
1.00
PEG Ratio
8.97
Dividend Yield
2.52%
ROCE (Latest)
-2.16%
ROE (Latest)
2.65%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
8What is working for the Company
PAT(Latest six months)
At Rs 6.17 cr has Grown at 54.64%
DEBTORS TURNOVER RATIO(HY)
Highest at 12.83 times
NET SALES(Q)
Highest at Rs 56.18 cr
-4What is not working for the Company
ROCE(HY)
Lowest at 2.79%
NON-OPERATING INCOME(Q)
is 75.44 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Indag Rubber
Profit After Tax (PAT) - Latest six months
At Rs 6.17 cr has Grown at 54.64%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 56.18 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 12.83 times
in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Here's what is not working for Indag Rubber
Non Operating Income - Quarterly
is 75.44 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT






