Press Release for Q4 & FY26 Financial Results.
RESULTS
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 03 Jun 2026, 08:44 PM IST · BSE ID: 7f52911c-fee6-4d76-b77e-e24d3e5f8ed3
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's profit more than doubled in the last quarter and grew significantly for the full year, while also declaring a dividend.
🤖 AI Summary
- Indag Rubber Limited reported Q4 FY26 Profit After Tax of Rs. 3.55 Crs, a 115% YoY increase.
- Full-year FY26 Profit After Tax reached Rs. 12.38 Crs, up 47% from FY25.
- Total Revenue for Q4 FY26 increased 9.2% YoY to Rs. 63.16 Crs; FY26 revenue declined 5.1% to Rs. 224.81 Crs.
- EBITDA for Q4 FY26 grew 81% YoY to Rs. 6.33 Crs; FY26 EBITDA increased 36% to Rs. 22.43 Crs.
- The Board recommended a final dividend of Rs. 1.5 per equity share for FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Q4 FY26 Total Revenue
63.16 Rs. Crs.
9.2%
Q4 FY26 EBITDA
6.33 Rs. Crs.
81%
Q4 FY26 Profit After Tax
3.55 Rs. Crs.
115%
FY26 Total Revenue
224.81 Rs. Crs.
-5.1%
FY26 EBITDA
22.43 Rs. Crs.
36%
FY26 Profit After Tax
12.38 Rs. Crs.
47%
FY26 Operating Cash Flow
19.7 Rs. Crs.
Final Dividend per Share (FY26)
1.5 Rs. per equity share
🏢 How This Affects the Company
The company reported a 9.2% YoY growth in Q4 FY26 revenue, indicating a stronger close to the fiscal year, though full-year revenue saw a 5.1% decline attributed to Q1 STU volumes.
Profit After Tax increased 115% YoY in Q4 FY26 to Rs. 3.55 Crs and 47% YoY for FY26 to Rs. 12.38 Crs, driven by improved EBITDA margins and operational efficiency. Operating cash flow for FY26 also increased to Rs. 19.7 Crs from Rs. 6.5 Crs in FY25.
Operational excellence efforts led to a reduction in working capital cycle through disciplined credit control and optimized raw material supply chain management. The subsidiary, Millenium Manufacturing Systems, secured its first commercial serial order for power conversion systems.
The company noted elevated input costs in early FY27 due to 2026 West Asia escalation, which it is managing through various strategies including price pass-through and diversification.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this press release, though they should note the dividend recommendation.
👤
Who Is Affected
All shareholders on the record date will be eligible for the recommended final dividend of Rs. 1.5 per equity share, taking the total FY26 dividend to Rs. 2.40 per share.
🔍
Management Signal
The recommended final dividend and focus on operational excellence and working capital management signal management's commitment to shareholder returns and financial discipline.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of the record date for the recommended final dividend.
Q1 FY27 financial results — observe impact of elevated input costs.
Updates on the subsidiary, Millenium Manufacturing Systems', commercial serial orders.
MEDIUM RISK
Elevated input costs from West Asia escalation pose a near-term margin risk, requiring effective mitigation strategies.
💡 Investor Takeaway
Indag Rubber Ltd reported Q4 FY26 Profit After Tax of Rs. 3.55 Crs, up 115% YoY. For FY26, PAT increased 47% YoY to Rs. 12.38 Crs on a total revenue of Rs. 224.81 Crs. A final dividend of Rs. 1.5 per equity share was recommended.
⚖️ Strengths & Concerns
✅ Positives
- Q4 FY26 Profit After Tax grew 115% YoY to Rs. 3.55 Crs, showcasing significant profitability improvement in the quarter.
- FY26 operating cash flow increased to Rs. 19.7 Crs from Rs. 6.5 Crs in FY25, indicating strong cash generation from operations.
⚠️ Concerns
- Full-year FY26 Total Revenue decreased by 5.1% YoY to Rs. 224.81 Crs, primarily due to weaker STU volumes in Q1.
- Input costs have elevated sharply into early FY27 due to West Asia escalation, which requires active management to mitigate.
📅 Company Track Record
Indag Rubber Ltd filed audited financial results for Q4 and FY26 on May 28, 2026, confirming the financial figures now highlighted in this press release. The company had previously paid an interim dividend of Rs. 0.90 per share in November for FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Indag Rubber Ltd's Profit After Tax in Q4 FY26?
Indag Rubber Ltd reported a Profit After Tax of Rs. 3.55 Crs in Q4 FY26, representing a 115% increase compared to Q4 FY25.
What was Indag Rubber Ltd's Total Revenue for the full year FY26?
For the full year FY26, Indag Rubber Ltd's Total Revenue stood at Rs. 224.81 Crs, which is a 5.1% decrease from FY25.
What dividend has Indag Rubber Ltd recommended for FY26?
Indag Rubber Ltd's Board has recommended a final dividend of Rs. 1.5 per equity share for FY26, bringing the total dividend for the year to Rs. 2.40 per share.
How did Indag Rubber Ltd's EBITDA perform in FY26?
Indag Rubber Ltd's EBITDA for FY26 grew 36% YoY to Rs. 22.43 Crs, with the EBITDA margin expanding by 300 bps to 10.0%.
What was Indag Rubber Ltd's operating cash flow in FY26?
Indag Rubber Ltd generated Rs. 19.7 Crs in operating cash flow in FY26, which is an increase from Rs. 6.5 Crs in FY25.
Questions based on this BSE filing only. For information purposes.