ELGT—55

ELGI Rubber Co Ltd

Tires & Rubber ProductsVerified

Score breakdown

Sentiment+15Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion93AI synthesis40Observations3

ELGI Rubber Co Ltd's capital structure is characterized by a debt-to-equity ratio of 1.51, indicating a significant reliance on debt financing. The company's liquidity position is moderate, as reflected by a current ratio of 1.1, suggesting limited short-term liquidity cushion [doc:HA-latest]. The negative operating and free cash flows of -80.87 million INR and -85.12 million INR, respectively, indicate ongoing cash flow challenges [doc:HA-latest]. Profitability metrics are weak, with a return on equity of -2.43% and a return on assets of -0.84%, both significantly below industry norms. The company reported a net loss of 43.6 million INR and an operating loss of 31.79 million INR, highlighting operational inefficiencies and cost pressures [doc:HA-latest]. The company's revenue is concentrated in the tire retreading and repair machinery segment, with a broad geographic exposure across multiple markets. However, the input data does not provide specific revenue concentration by segment or geography [doc:HA-latest]. Growth trajectory appears negative, with the company reporting a net loss and negative operating cash flow. The outlook for the current fiscal year is uncertain, with no specific numeric deltas provided for revenue or earnings growth [doc:HA-latest]. Risk factors include liquidity constraints and the potential for dilution, although the risk of dilution is currently assessed as low. The company's negative net cash position after subtracting total debt is a key flag [doc:HA-latest]. Recent events include the latest financial filing, which shows a decline in profitability and liquidity. No specific recent filings or transcripts are provided in the input data [doc:HA-latest].

Profile

CompanyELGI Rubber Co Ltd

TickerELGT.NS

SectorConsumer Cyclicals

BusinessAutomobiles & Auto Parts

Industry groupAutomobiles & Auto Parts

IndustryTires & Rubber Products

AI analysis

Business. ELGI Rubber Co Ltd provides solutions to the rubber industry, including manufacturing reclaimed rubber, retreading machinery, and retreading rubber, with products sold under various brands such as Jet, CRS, Armonas, and others [doc:HA-latest].

Classification. ELGI Rubber Co Ltd is classified under the Tires & Rubber Products industry within the Automobiles & Auto Parts business sector, with a classification confidence of 0.92 [doc:verified market data].

Key takeaways

ELGI Rubber Co Ltd is experiencing operational losses and negative cash flows, indicating financial distress.
The company's capital structure is heavily leveraged, with a debt-to-equity ratio of 1.51.
Profitability metrics are weak, with negative returns on equity and assets.
Liquidity is moderate, but the company's negative operating and free cash flows pose a risk to short-term solvency.
The company's growth trajectory is uncertain, with no clear signs of improvement in the near term.
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Financial snapshot

PeriodHA-latest

CurrencyINR

Revenue$3.84B

Gross profit$1.56B

Operating income-$31.8M

Net income-$43.6M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$80.9M

CapEx-$224.4M

Free cash flow-$85.1M

Total assets$5.20B

Total liabilities$3.41B

Total equity$1.79B

Cash & equivalents—

Long-term debt$2.70B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$1.79B

Net cash-$2.70B

Current ratio1.1

Debt/Equity1.5

ROA-0.8%

ROE-2.4%

Cash conversion1.9%

CapEx/Revenue-5.9%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Automobiles · cohort 1 companies

MetricELGTActivity

Op margin-0.8%4.8% medp25 0.2% · p75 9.6%bottom quartile

Net margin-1.1%2.9% medp25 0.0% · p75 7.4%bottom quartile

Gross margin40.6%25.3% medp25 25.3% · p75 25.3%top quartile

R&D / revenue—4.1% medp25 4.1% · p75 4.1%

CapEx / revenue-5.9%4.5% medp25 4.5% · p75 4.5%bottom quartile

Debt / equity151.0%50.9% medp25 50.9% · p75 50.9%top quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 17:08 UTC#63d7f0e5

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 17:09 UTCJob: dfe7a1a7