Elgi Rubber Company LimitedQ1 FY27 Results & Financial Update

Elgi Rubber Company Limited: Q1 FY27 consolidated results and company financials – revenue ₹70.09 Cr, PAT ₹40.85 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: ELGIRUBCOPublished 19 Oct 2026Updated 19 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹70.09 CrReported Q1 FY27
Profit after tax₹40.85 CrReported Q1 FY27
EPS₹8.16Reported Q1 FY27

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Quarterly Results AnalysisExplore Elgi Rubber Company Q1 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

Elgi Rubber Company reported consolidated total income from operations of INR 79.97 crore for the quarter ended June 30, 2026, alongside revenue from operations of INR 70.09 crore.

02

Profitability for the quarter showed a distinct upswing, supported by exceptional items, yielding a profit before tax (PBT) of INR 44.49 crore and a profit after tax (PAT) of INR 40.85 crore.

03

The reported net profit translates to basic and diluted earnings per share (EPS) of INR 8.16 for the first quarter of fiscal year 2027.

04

Other income contributed INR 9.88 crore to the consolidated total, augmenting core operational proceeds during the reporting period.

05

The statutory audit notes highlight exceptional gains during the quarter, specifically including a profit on the sale of assets and an impairment of loans extended to subsidiary Elgi Rubber Company Holdings B.V.

06

Finance costs for the quarter stood at INR 7.80 crore, while depreciation and amortization expenses totaled INR 3.46 crore, reflecting ongoing capital asset utilization.

07

Tax expenses for the quarter were recorded at INR 3.64 crore, resulting in a healthy consolidated profit margin for the period.

01 · Business model

What does Elgi Rubber Company do?

Elgi Rubber Company Limited operates in the rubber industry, manufacturing a comprehensive range of rubber products, reclaimed rubber, and retreading materials designed for automotive and industrial applications.

The company serves commercial fleet operators, tire retreaders, and industrial clients through an established domestic and international distribution footprint spanning multiple subsidiaries and manufacturing units.

Its commercial model integrates the production of retreading treads, bonding gums, repair units, and specialized rubber compounds with retreading equipment services and direct technical support.

The consolidated group structure includes foreign subsidiaries such as Elgi Rubber Company Holdings B.V. in the Netherlands, reflecting an active global operational presence in key international markets.

02 · Financial snapshot

Current-quarter financial snapshot

MetricQ1 FY27
Revenue from operations₹70.09 Cr
Total income₹79.97 Cr
Profit before tax₹44.49 Cr
Profit after tax₹40.85 Cr
EPS₹8.16

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 58.3% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.

Pre-tax earnings

Profit before tax was equivalent to 63.5% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.

Operating revenue versus total income

Total income exceeded operating revenue by ₹9.88 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.

Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.

03 · Why it moved

Why the quarter looked the way it did

What drove revenue

Consolidated Operational Topline

Revenue from operations reached INR 70.09 crore for Q1 FY27, while total income from operations stood at INR 79.97 crore.

Other Income Contribution

Other income added INR 9.88 crore to the quarterly financial stream, aiding overall top-line formation.

Consolidated Topline

Revenue from operations stood at INR 70.09 crore, complemented by other income to bring total income from operations to INR 79.97 crore for the quarter.

What drove margins

Financing and Depreciation Charges

The company incurred finance costs of INR 7.80 crore and depreciation charges of INR 3.46 crore during the quarter.

Tax Outflow

Tax expenses for Q1 FY27 were reported at INR 3.64 crore against a profit before tax of INR 44.49 crore.

Profitability and Tax Impact

The company recorded a profit before tax of INR 44.49 crore and a tax expense of INR 3.64 crore, leading to a net profit of INR 40.84 crore and a net profit margin of 58.28% on operating revenue.

04 · Segments, products & geography

Which parts of the business are doing the work

Geography and market mix

International Subsidiary Footprint

Consolidated operations account for overseas entities, including Elgi Rubber Company Holdings B.V., which underwent loan impairment assessments during the period.

05 · Reported developments

What changed operationally

Asset Monetization Gains

The financial results incorporate gains from the profit on the sale of assets during the quarter ended June 30, 2026.

Profitability Performance

The consolidated profit after tax reached INR 40.84 crore for the quarter ended June 30, 2026, supported by operational revenues and exceptional gains.

06 · Beyond the numbers

What changed beyond the numbers

Reported update

Statutory Audit Review

The statutory auditors have carried out a limited review of the unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, and expressed an unmodified opinion.

Reported update

Exceptional Items

The financial results for the quarter include exceptional items comprising profit on the sale of assets and the impairment of loans to Elgi Rubber Company Holdings B.V., Netherlands, a wholly owned material subsidiary.

07 · Key Q&A

The quarter, answered directly

What does Elgi Rubber Company do?

Elgi Rubber Company Limited operates in the rubber industry, manufacturing a comprehensive range of rubber products, reclaimed rubber, and retreading materials designed for automotive and industrial applications.

What is the clearest takeaway from Q1 FY27?

Elgi Rubber Company reported consolidated total income from operations of INR 79.97 crore for the quarter ended June 30, 2026, alongside revenue from operations of INR 70.09 crore.

What drove revenue or demand?

Revenue from operations reached INR 70.09 crore for Q1 FY27, while total income from operations stood at INR 79.97 crore.

What mattered most for margins or profitability?

The company incurred finance costs of INR 7.80 crore and depreciation charges of INR 3.46 crore during the quarter.

What changed operationally beyond the headline numbers?

The statutory auditors have carried out a limited review of the unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, and expressed an unmodified opinion.

What should the next disclosure help confirm?

Monitor subsequent quarterly filings for sustained operational revenue trends and the resolution or further performance of international subsidiary holdings.

08 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

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Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
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Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

09 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Upcoming Financial Disclosures: Monitor subsequent quarterly filings for sustained operational revenue trends and the resolution or further performance of international subsidiary holdings.

  2. 02

    Subsequent Financial Disclosures: Monitor upcoming quarterly financial filings for continued trends in operating revenue, subsidiary performance, and exceptional item normalization.

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Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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