Indag Rubber Ltd Stock Price Today (NSE: INDAG)
Fundamental Score
Indag Rubber Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Indag Rubber Ltd share price today is ₹92.07, up +2.51% on NSE/BSE as of 30 March 2026. Indag Rubber Ltd (INDAG) is a Small-cap company in the Tyres & Rubber Products sector with a market capitalisation of ₹345.19 (Cr). The 52-week high for INDAG share price is ₹153.40 and the 52-week low is ₹84.60. At a P/E ratio of 56.59x, INDAG is currently trading above its industry average P/E of 30.93x. The company has a Return on Equity (ROE) of 2.86% and a debt-to-equity ratio of 0.04.
Indag Rubber Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Indag Rubber Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Indag Rubber Share Price: A Financial Stability Analysis
The Tyre & Rubber Products sector is currently navigating a period of volatile raw material costs, significantly impacting profit margins across the board. This analysis assesses the financial stability of Indag Rubber Ltd, focusing on its current valuation and operational efficiency. The Indag Rubber share price currently stands at ₹108.800003, prompting a deeper investigation into its key financial metrics.
A primary concern is the company's Price-to-Earnings (PE) ratio of 56.59. This suggests that the market has high expectations for future earnings growth. However, when juxtaposed with its Return on Capital Employed (ROCE) of only 2.93%, a significant disparity emerges. This ROCE indicates that for every rupee invested in the business, Indag Rubber Ltd is generating a return of less than 3 paise. This raises questions about the company's ability to efficiently deploy capital and generate sustainable profits.
Comparing Indag Rubber Ltd. with its peers, such as
MRF Ltd, highlights potential differences in management quality and operational execution. While a detailed comparison of management effectiveness requires in-depth qualitative analysis, a considerable ROCE gap suggests possible inefficiencies. MRF Ltd., for instance, typically demonstrates a stronger ROCE, indicative of superior capital allocation and operational efficiency. This difference may be attributed to strategic advantages, stronger brand equity, or more effective cost management strategies employed by its larger peer.The low ROCE of 2.93% directly impacts Indag Rubber's economic moat, its ability to defend its market share and profitability from competitors. A stronger ROCE would suggest a wider moat, potentially derived from cost advantages, differentiated products, or brand strength. However, the current ROCE indicates a potentially weak moat, making the company more vulnerable to competitive pressures and economic downturns. Sustaining current levels of profitability, let alone improving them, might prove challenging without significant operational improvements or strategic repositioning.
This financial analysis of Indag Rubber share price is part of a comprehensive 80-parameter fundamental audit and has been verified by Sweta Mishra. This analysis is purely observational and does not constitute any recommendation to buy, sell, or hold shares of Indag Rubber Ltd.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Indag Rubber Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of INDAG across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Conservative Debt Levels (D/E: 0.04)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (6.98x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (73.34%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
7 factors identified
Below-Average Return on Equity (2.86%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (2.93%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Premium Valuation Risk (P/E: 56.59x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Revenue Contraction (-15.40%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Limited Growth History (4.11% CAGR)
Observation: Below-average 5-year sales growth trajectory.
Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.
Weak Earnings Growth (-13.56% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-13.56% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Indag Rubber Ltd Financial Statements
Comprehensive financial data for Indag Rubber Ltd including income statement, balance sheet and cash flow
About INDAG (Indag Rubber Ltd)
Indag Rubber Ltd is a prominent manufacturer within the Tires & Rubber Products sector, specializing in solutions that extend the life and performance of tires. The company is know...n for its high-quality precured tread rubber, a critical component in the tire retreading process. Indag's offerings enable businesses to significantly reduce waste by revitalizing worn tires with robust, durable treads, ensuring prolonged usability and enhanced safety. Beyond tread rubber, the company provides a comprehensive suite of retreading materials and tools, demonstrating a commitment to being a one-stop-shop for tire retreaders seeking reliable, cost-effective solutions. Its dedication to quality and innovation has solidified its position as a trusted partner within the retreading industry, both domestically and internationally. Indag Rubber's product portfolio extends beyond core retreading materials, encompassing a range of supporting products designed to streamline and optimize the retreading process. These include specialized adhesives, such as unvulcanised rubber strip gum for secure bonding between the tread and tire casing, and universal spray cement for preparing the buffed tire surface. The company also offers full skirt envelopes used in tire retreading. By manufacturing these essential ancillary products, Indag ensures that retreaders have access to everything they need to achieve superior results. This integrated approach underscores the company's understanding of the complexities of tire retreading and its commitment to providing comprehensive solutions for its clientele. Furthermore, Indag Rubber operates with a global outlook, serving customers across both domestic and international markets. This broad reach is indicative of the universal demand for effective and economical tire retreading solutions. The company's ability to meet the diverse needs of retreaders in different regions is a testament to its adaptability and commitment to quality. By consistently delivering reliable, high-performance products, Indag Rubber has established itself as a key player in the global tire retreading industry, contributing to sustainable practices by promoting tire reuse and waste reduction on a large scale.
Company Details
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INDAG Share Price: Frequently Asked Questions
What is the current share price of Indag Rubber Ltd (INDAG)?
As of 30 Mar 2026, 11:00 am IST, Indag Rubber Ltd share price is ₹92.07. The INDAG stock has a market capitalisation of ₹345.19 (Cr) on NSE/BSE.
Is INDAG share price Overvalued or Undervalued?
INDAG share price is currently trading at a P/E ratio of 56.59x, compared to the industry average of 30.93x. Based on this relative valuation, the Indag Rubber Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of INDAG share price?
The 52-week high of INDAG share price is ₹153.40 and the 52-week low is ₹84.60. These values are updated daily from NSE/BSE price data.
What factors affect the Indag Rubber Ltd share price?
Key factors influencing INDAG share price include quarterly earnings growth (Sales Growth: -15.40%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Indag Rubber Ltd a good stock for long-term investment?
Indag Rubber Ltd shows a 5-year Profit Growth of -13.56% and an ROE of 2.86%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.04 before investing in INDAG shares.
How does Indag Rubber Ltd compare with its industry peers?
Indag Rubber Ltd competes with major peers in the Tyres & Rubber Products. Investors should compare INDAG share price P/E of 56.59x and ROE of 2.86% against the industry averages to determine competitive standing.
What is the P/E ratio of INDAG and what does it mean?
INDAG share price has a P/E ratio of 56.59x compared to the industry average of 30.93x. Investors pay ₹57 for every ₹1 of annual earnings.
How is INDAG performing according to Bull Run's analysis?
INDAG has a Bull Run fundamental score of 14.7/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does INDAG belong to?
INDAG operates in the Tyres & Rubber Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Indag Rubber Ltd share price.
What is Return on Equity (ROE) and why is it important for INDAG?
INDAG has an ROE of 2.86%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Indag Rubber Ltd generates profits from shareholders capital.
How is INDAG debt-to-equity ratio and what does it indicate?
INDAG has a debt-to-equity ratio of 0.04, which indicates conservative financing with low financial risk.
What is INDAG dividend yield and is it a good dividend stock?
INDAG offers a dividend yield of 1.83%, meaning you receive ₹1.83 annual dividend for every ₹100 invested in Indag Rubber Ltd shares.
How has INDAG share price grown over the past 5 years?
INDAG has achieved 5-year growth rates of: Sales Growth 4.11%, Profit Growth -13.56%, and EPS Growth -13.56%.
What is the promoter holding in INDAG and why does it matter?
Promoters hold 73.34% of INDAG shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Indag Rubber Ltd.
What is INDAG market capitalisation category?
INDAG has a market capitalisation of ₹345 crores, placing it in the Small-cap category.
How volatile is INDAG stock?
INDAG has a beta of N/A. A beta > 1 suggests the Indag Rubber Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is INDAG operating profit margin trend?
INDAG has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.
How is INDAG quarterly performance?
Recent quarterly performance shows Indag Rubber Ltd YoY Sales Growth of -15.40% and YoY Profit Growth of -8.50%.
What is the institutional holding pattern in INDAG?
INDAG has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Indag Rubber Ltd stock.