Indag Rubber Ltd
NSE: BSE: 509162
â‚ą103
(0.91%)
Wed, 14 Oct 2026, 10:04 pm
Market Cap (in Cr)272.87
PE Ratio19.45
Dividend2.31
Producer Manufacturing
Miscellaneous Manufacturing
24.5KIndag Rubber Analysis
dividend
- Dividends per share have increased over the past 10 years.
- Dividends paid are well covered by earnings (2.1x coverage).
- Indag Rubber's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Indag Rubber's dividend is above the markets top 25% of dividend payers in India (3.08%).
- Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
health
- Indag Rubber is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Indag Rubber is profitable, therefore cash runway is not a concern.
- Indag Rubber is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (68.5%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 9.2x debt.
- Indag Rubber's cash and other short term assets cover its long term commitments.
- Indag Rubber earns more interest than it pays, coverage of interest payments is not a concern.
- Indag Rubber's level of debt (5.3%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (0% vs 5.3% today).
- High level of physical assets or inventory.
management
- The tenure for the Indag Rubber board of directors is about average.
- Kewal's compensation has been consistent with company performance over the past year, both up more than 20%.
- The average tenure for the Indag Rubber management team is over 5 years, this suggests they are a seasoned and experienced team.
- Kewal's remuneration is higher than average for companies of similar size in India.
misc
- Indag Rubber is not covered by any analysts.
- Indag Rubber has significant price volatility in the past 3 months.
past
- Indag Rubber's 1-year earnings growth exceeds its 5-year average (12.3% vs -21.2%)
- Indag Rubber's earnings growth has exceeded the IN Auto Components industry average in the past year (12.3% vs -22.3%).
- Indag Rubber's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
- Indag Rubber used its assets less efficiently than the IN Auto Components industry average last year based on Return on Assets.
- Indag Rubber's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
- Indag Rubber has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
- Indag Rubber is good value based on assets compared to the IN Auto Components industry average.
- 509162 outperformed the Auto Components industry which returned -22.4% over the past year.
- BSE:509162 is up 19.7% outperforming the Auto Components industry which returned 13.2% over the past month.
- BSE:509162 is up 19.7% outperforming the market in India which returned 8% over the past month.
- Indag Rubber's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
- Indag Rubber's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
- Indag Rubber is overvalued based on earnings compared to the IN Auto Components industry average.
- Indag Rubber is overvalued based on earnings compared to the India market.
- 509162 underperformed the Market in India which returned -14.5% over the past year.
