Cash flow Elgi Rubber Company Limited

Stocks

ELGIRUBCO

INE819L01012

Tires & Rubber Products

Market Closed - NSE India S.E. 15:05:07 19/08/2026 +04			5-day change	1st Jan Change
57.05 ^INR	-1.42%		-2.99%	+25.72%

08-12	Elgi Rubber Company Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-29	Elgi Rubber Company Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

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Published financial data: ELGI RUBBER COMPANY LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	3.43B	3.9B	3.94B	3.86B	3.84B
Other Revenues, Total	-	-	-	-	-
Total Revenues	3.43B	3.9B	3.94B	3.86B	3.84B
Cost of Goods Sold, Total	1.77B	2.14B	2.03B	1.94B	1.96B
Gross Profit	1.66B	1.76B	1.92B	1.93B	1.88B
Selling General & Admin Expenses, Total	755M	687M	628M	581M	672M
Depreciation & Amortization - (IS)	166M	181M	163M	191M	183M
Other Operating Expenses	712M	1.02B	1.12B	1.1B	1.22B
Other Operating Expenses, Total	1.63B	1.89B	1.91B	1.87B	2.08B
Operating Income	32.02M	-126M	8.42M	61.45M	-198M
Interest Expense, Total	-142M	-146M	-197M	-226M	-249M
Interest And Investment Income	17.45M	15.22M	12.39M	17.9M	22.63M
Net Interest Expenses	-124M	-131M	-184M	-208M	-227M
Currency Exchange Gains (Loss)	-690K	39.46M	101M	18.42M	55.37M
Other Non Operating Income (Expenses)	22.71M	84.3M	-7.69M	30.47M	51.99M
EBT, Excl. Unusual Items	-70.3M	-133M	-82.75M	-97.31M	-317M
Restructuring Charges	-	-	-19.73M	-	-
Gain (Loss) On Sale Of Investments	89.76M	59.65M	105M	109M	79.31M
Gain (Loss) On Sale Of Assets	-	240K	700K	5.97M	19.87M
Asset Writedown	-	-82.58M	-	-	-
Insurance Settlements	570K	-	780K	9.46M	930K
Other Unusual Items	11.78M	-	96.71M	110M	172M
EBT, Incl. Unusual Items	31.81M	-156M	101M	137M	-45.05M
Income Tax Expense	21.02M	7.62M	33.11M	20.49M	-1.45M
Earnings From Continuing Operations	10.79M	-164M	67.5M	117M	-43.6M
Net Income to Company	10.79M	-164M	67.5M	117M	-43.6M
Net Income - (IS)	10.79M	-164M	67.5M	117M	-43.6M
Net Income to Common Incl Extra Items	10.79M	-164M	67.5M	117M	-43.6M
Net Income to Common Excl. Extra Items	10.79M	-164M	67.5M	117M	-43.6M
Per Share Items
Net EPS - Basic	0.22	-3.27	1.35	2.33	-0.87
Basic EPS - Continuing Operations	0.22	-3.27	1.35	2.33	-0.87
Basic Weighted Average Shares Outstanding	50.05M	50.05M	50.05M	50.05M	50.05M
Net EPS - Diluted	0.22	-3.27	1.35	2.33	-0.87
Diluted EPS - Continuing Operations	0.22	-3.27	1.35	2.33	-0.87
Diluted Weighted Average Shares Outstanding	50.05M	50.05M	50.05M	50.05M	50.05M
Normalized Basic EPS	-0.88	-1.66	-1.03	-1.22	-3.96
Normalized Diluted EPS	-0.88	-1.66	-1.03	-1.22	-3.96
Dividend Per Share	-	-	-	-	-
Payout Ratio	0.74	-	0.4	0.27	-
Supplemental Items
EBITDA	195M	50.6M	168M	249M	-18.18M
EBITA	35.69M	-125M	14.84M	66.47M	-197M
EBIT	32.02M	-126M	8.42M	61.45M	-198M
EBITDAR	214M	65.43M	174M	251M	25.83M
Total Revenues (As Reported)	3.58B	4.1B	4.2B	4.09B	4B
Effective Tax Rate - (Ratio)	66.08	-4.89	32.91	14.95	3.22
Total Current Taxes	15.44M	8.56M	18.53M	10.6M	7.07M
Total Deferred Taxes	5.58M	-940K	14.58M	9.89M	-8.52M
Normalized Net Income	-43.94M	-83.26M	-51.72M	-60.82M	-198M
Non-Cash Pension Expense	-960K	-880K	-560K	-430K	-310K
Supplemental Operating Expense Items
Net Rental Expense, Total	19.33M	14.83M	5.8M	1.88M	44.01M
Imputed Operating Lease Interest Expense	8.57M	7.07M	3.52M	1.17M	30.46M
Imputed Operating Lease Depreciation	10.76M	7.76M	2.28M	707K	13.55M
Maintenance & Repair Expenses, Total	137M	182M	167M	150M	140M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	101M	43.6M	40.37M	38.4M	109M
Short Term Investments	-	-	-	7.26M	25.08M
Total Cash And Short Term Investments	101M	43.6M	40.37M	45.66M	134M
Accounts Receivable, Total	539M	734M	674M	625M	706M
Other Receivables	25.16M	24.16M	10.4M	28.65M	35.64M
Notes Receivable	2.21M	2.2M	3.12M	3.49M	4.48M
Total Receivables	566M	760M	688M	657M	746M
Inventory	1.1B	996M	1.09B	1.1B	1.21B
Prepaid Expenses	39.54M	50.87M	47.66M	57.47M	209M
Other Current Assets, Total	362M	327M	264M	400M	519M
Total Current Assets	2.17B	2.18B	2.13B	2.26B	2.82B
Gross Property Plant And Equipment	3.31B	3.34B	3.92B	4.02B	1.4B
Accumulated Depreciation	-1.14B	-1.26B	-1.68B	-1.69B	-
Net Property Plant And Equipment	2.16B	2.07B	2.24B	2.33B	1.4B
Long-term Investments	127M	187M	292M	401M	321M
Goodwill	130M	130M	130M	130M	130M
Other Intangibles, Total	6.68M	12.18M	124M	121M	135M
Deferred Tax Assets Long-Term	289M	290M	278M	268M	276M
Deferred Charges Long-Term	50K	-	-	-	-
Other Long-Term Assets, Total	62.56M	131M	135M	148M	115M
Total Assets	4.94B	5B	5.33B	5.66B	5.2B
Liabilities
Accounts Payable, Total	442M	565M	446M	451M	449M
Accrued Expenses, Total	80.21M	91.53M	163M	91.04M	90.88M
Short-term Borrowings	1.32B	1.45B	1.42B	1.57B	1.42B
Current Portion of Long-Term Debt	336M	456M	525M	463M	428M
Current Portion of Leases	-	3.65M	1.49M	3.42M	2.56M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	159M	156M	166M	151M	174M
Total Current Liabilities	2.34B	2.72B	2.73B	2.73B	2.56B
Long-Term Debt	769M	566M	763M	1.03B	847M
Long-Term Leases	2.16M	2.54M	1.23M	3.64M	1.15M
Other Non Current Liabilities	-	-	-	10K	-
Total Liabilities	3.11B	3.29B	3.49B	3.76B	3.41B
Common Stock, Total	50.05M	50.05M	50.05M	50.05M	50.05M
Additional Paid In Capital	1.9M	1.9M	1.9M	1.9M	1.9M
Retained Earnings	1.04B	870M	937M	1.05B	1.01B
Comprehensive Income and Other	744M	793M	852M	792M	729M
Total Common Equity	1.83B	1.71B	1.84B	1.9B	1.79B
Total Equity	1.83B	1.71B	1.84B	1.9B	1.79B
Total Liabilities And Equity	4.94B	5B	5.33B	5.66B	5.2B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	50.05M	50.05M	50.05M	50.05M	50.05M
ECS Total Common Shares Outstanding	50.05M	50.05M	50.05M	50.05M	50.05M
Book Value / Share	36.61	34.26	36.77	37.91	35.78
Tangible Book Value	1.7B	1.57B	1.59B	1.65B	1.53B
Tangible Book Value Per Share	33.87	31.41	31.68	32.88	30.47
Total Debt	2.43B	2.47B	2.71B	3.07B	2.7B
Net Debt	2.33B	2.43B	2.67B	3.02B	2.56B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-12.9M	-7.82M	-5.76M	-4.43M	-3.66M
Debt Equivalent Oper. Leases	155M	119M	46.4M	15.04M	352M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	485M	275M	531M	425M	464M
Inventories - Work In Process, Total	73.09M	88.11M	115M	57.29M	68.02M
Inventories - Finished Goods, Total	454M	406M	381M	389M	394M
Inventories - Others	86.53M	226M	66.14M	234M	288M
Land - (BS)	521M	442M	452M	351M	-
Buildings, Total	1.12B	1.23B	1.31B	1.39B	-
Machinery, Total	1.45B	1.49B	1.93B	2.1B	-
Full Time Employees	454	449	436	448	451
Accumulated Allowance for Doubtful Accounts (Supple)	74.16M	67.8M	68.97M	70.67M	70.04M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	10.79M	-164M	67.5M	117M	-43.6M
Depreciation & Amortization - CF	162M	179M	156M	186M	182M
Amortization of Goodwill and Intangible Assets - (CF)	3.67M	1.13M	6.42M	5.02M	620K
Depreciation & Amortization, Total	166M	181M	163M	191M	183M
(Gain) Loss From Sale Of Asset	-17.48M	-240K	-162M	-116M	-189M
(Gain) Loss on Sale of Investments - (CF)	-89.76M	-59.65M	-105M	-109M	79.31M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Provision and Write-off of Bad Debts	-30K	-90K	400K	-180K	-930K
Other Operating Activities, Total	188M	122M	283M	149M	278M
Change In Accounts Receivable	-52.79M	-195M	59.55M	55.1M	-71.04M
Change In Inventories	259M	103M	-98.21M	-10.84M	-110M
Change In Accounts Payable	-85.34M	123M	-120M	4.12M	-2.68M
Change in Other Net Operating Assets	253M	-15.16M	179M	-220M	-204M
Cash from Operations	631M	94.85M	268M	60.22M	-80.87M
Capital Expenditure	-23.25M	-123M	-483M	-248M	-224M
Sale of Property, Plant, and Equipment	35.39M	800K	160M	108M	1.05B
Investment in Marketable and Equity Securities, Total	-	-	-	-40.94M	-71.2M
Other Investing Activities, Total	9.79M	27.25M	35.36M	21.04M	17.23M
Cash from Investing	21.93M	-94.46M	-287M	-160M	772M
Short Term Debt Issued, Total	-	242M	46.16M	87.7M	-
Long-Term Debt Issued, Total	-	-	200M	269M	3.36M
Total Debt Issued	-	242M	246M	356M	3.36M
Short Term Debt Repaid, Total	-156M	-	-	-	-188M
Long-Term Debt Repaid, Total	-233M	-208M	-	-	-180M
Total Debt Repaid	-389M	-208M	-	-	-368M
Common Dividends Paid	-80K	-	-270K	-310K	-
Common & Preferred Stock Dividends Paid	-80K	-	-270K	-310K	-
Other Financing Activities, Total	-208M	-91.2M	-230M	-259M	-256M
Cash from Financing	-597M	-57.56M	16.07M	97.48M	-621M
Miscellaneous Cash Flow Adjustments	-	-	-	10K	-
Net Change in Cash	55.93M	-57.17M	-3.23M	-1.97M	70.52M
Supplemental Items
Cash Interest Paid	161M	154M	230M	259M	256M
Cash Income Tax Paid (Refund)	-12.17M	5.08M	11.55M	-2.44M	-5.86M
Levered Free Cash Flow	309M	-46.98M	-434M	-368M	-770M
Unlevered Free Cash Flow	398M	44.36M	-311M	-227M	-614M
Change In Net Working Capital	-235M	-65.06M	-3.56M	209M	449M
Net Debt Issued / Repaid	-389M	33.64M	246M	356M	-365M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.39	-1.58	0.1	0.7	-2.27
Return on Total Capital	0.45	-1.86	0.12	0.81	-2.61
Return On Equity %	0.59	-9.22	3.8	6.24	-2.36
Return on Common Equity	0.59	-9.22	3.8	6.24	-2.36
Margin Analysis
Gross Profit Margin %	48.51	45.19	48.65	49.91	48.97
SG&A Margin	22	17.63	15.91	15.03	17.49
EBITDA Margin %	5.67	1.3	4.25	6.44	-0.47
EBITA Margin %	1.04	-3.21	0.38	1.72	-5.13
EBIT Margin %	0.93	-3.24	0.21	1.59	-5.15
Income From Continuing Operations Margin %	0.31	-4.2	1.71	3.02	-1.14
Net Income Margin %	0.31	-4.2	1.71	3.02	-1.14
Net Avail. For Common Margin %	0.31	-4.2	1.71	3.02	-1.14
Normalized Net Income Margin	-1.28	-2.14	-1.31	-1.57	-5.16
Levered Free Cash Flow Margin	9.01	-1.21	-11.01	-9.52	-20.06
Unlevered Free Cash Flow Margin	11.6	1.14	-7.89	-5.87	-16
Asset Turnover
Asset Turnover	0.67	0.78	0.76	0.7	0.71
Fixed Assets Turnover	1.56	1.84	1.83	1.69	2.06
Receivables Turnover (Average Receivables)	6.62	6.12	5.6	5.95	5.77
Inventory Turnover (Average Inventory)	1.44	2.04	1.94	1.76	1.69
Short Term Liquidity
Current Ratio	0.93	0.8	0.78	0.83	1.1
Quick Ratio	0.28	0.3	0.27	0.26	0.34
Operating Cash Flow to Current Liabilities	0.27	0.03	0.1	0.02	-0.03
Days Sales Outstanding (Average Receivables)	55.11	59.63	65.15	61.51	63.26
Days Outstanding Inventory (Average Inventory)	253.59	178.94	188.22	207.82	216.03
Average Days Payable Outstanding	117.59	90.44	86.93	84.36	79.35
Cash Conversion Cycle (Average Days)	191.11	148.14	166.44	184.98	199.94
Long Term Solvency
Total Debt/Equity	132.68	144.28	147.43	161.77	150.65
Total Debt / Total Capital	57.02	59.06	59.58	61.8	60.1
LT Debt/Equity	42.1	33.16	41.5	54.31	47.34
Long-Term Debt / Total Capital	18.09	13.57	16.77	20.75	18.88
Total Liabilities / Total Assets	62.94	65.72	65.47	66.48	65.58
EBIT / Interest Expense	0.23	-0.86	0.04	0.27	-0.79
EBITDA / Interest Expense	1.39	0.37	0.87	1.12	-0.06
(EBITDA - Capex) / Interest Expense	1.23	-0.47	-1.58	0.02	-0.96
Total Debt / EBITDA	12.29	45.36	15.84	12.15	-186.2
Net Debt / EBITDA	11.79	44.57	15.6	11.97	-176.95
Total Debt / (EBITDA - Capex)	13.93	-36.39	-8.71	644.82	-11.29
Net Debt / (EBITDA - Capex)	13.36	-35.75	-8.58	635.23	-10.73
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-6.85	13.53	1.26	-2.04	-0.65
Gross Profit, 1 Yr. Growth %	-7.78	5.78	9.01	0.5	-2.53
EBITDA, 1 Yr. Growth %	1.02K	-73.99	229.15	48.32	-107.31
EBITA, 1 Yr. Growth %	-126.9	-450.07	-112.48	347.91	-396.25
EBIT, 1 Yr. Growth %	-121.7	-493.72	-106.68	629.81	-421.46
Earnings From Cont. Operations, 1 Yr. Growth %	-107.1	-1.62K	-141.28	72.76	-137.39
Net Income, 1 Yr. Growth %	-107.1	-1.62K	-141.28	72.76	-137.39
Normalized Net Income, 1 Yr. Growth %	-63.09	91.05	-37.96	17.6	225.8
Diluted EPS Before Extra, 1 Yr. Growth %	-107.09	-1.62K	-141.24	72.76	-137.39
Accounts Receivable, 1 Yr. Growth %	8.35	36.23	-8.17	-7.32	12.97
Inventory, 1 Yr. Growth %	-19.09	-9.34	9.87	0.99	9.97
Net Property, Plant and Equip., 1 Yr. Growth %	-3.89	-4.09	7.89	4.03	-39.8
Total Assets, 1 Yr. Growth %	-5.84	1.14	6.56	6.2	-8.08
Tangible Book Value, 1 Yr. Growth %	-0.17	-7.27	0.87	3.79	-7.33
Common Equity, 1 Yr. Growth %	-1.24	-6.43	7.34	3.09	-5.61
Cash From Operations, 1 Yr. Growth %	72.33	-80.73	69.52	-77.51	-234.29
Capital Expenditures, 1 Yr. Growth %	-83.7	426.92	294.18	-48.69	-9.43
Levered Free Cash Flow, 1 Yr. Growth %	439.01	-115.25	824.43	-15.29	109.43
Unlevered Free Cash Flow, 1 Yr. Growth %	136.72	-88.82	-801.43	-27.12	170.84
Dividend Per Share, 1 Yr. Growth %	-	-	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.5	2.84	7.22	-0.4	-1.35
Gross Profit, 2 Yr. CAGR %	-6.08	-1.23	7.38	4.67	-1.03
EBITDA, 2 Yr. CAGR %	28.59	70.58	-7.15	120.95	-67.07
EBITA, 2 Yr. CAGR %	-16.83	-2.96	-35.52	-25.25	264.27
EBIT, 2 Yr. CAGR %	-30.28	-7.58	-48.72	-30.18	384.36
Earnings From Cont. Operations, 2 Yr. CAGR %	-74.12	3.73	150.12	-15.55	-19.63
Net Income, 2 Yr. CAGR %	-74.12	3.73	150.12	-15.55	-19.63
Normalized Net Income, 2 Yr. CAGR %	-35.6	-16.37	8.94	-14.59	95.74
Diluted EPS Before Extra, 2 Yr. CAGR %	-74.13	3.71	150.12	-15.59	-19.63
Accounts Receivable, 2 Yr. CAGR %	-6.27	21.49	11.85	-7.74	2.33
Inventory, 2 Yr. CAGR %	-12.21	-14.35	-0.2	5.34	5.38
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.69	-3.99	1.72	5.94	-20.86
Total Assets, 2 Yr. CAGR %	-7.04	-2.41	3.82	6.38	-1.2
Tangible Book Value, 2 Yr. CAGR %	-9	-3.79	-3.29	2.32	-1.93
Common Equity, 2 Yr. CAGR %	-9.39	-3.87	0.22	5.2	-1.36
Cash From Operations, 2 Yr. CAGR %	37.34	-49.12	-26.25	-38.26	-45.05
Capital Expenditures, 2 Yr. CAGR %	-58.78	-7.32	355.74	42.21	-31.83
Levered Free Cash Flow, 2 Yr. CAGR %	133.65	-9.53	18.71	179.84	33.19
Unlevered Free Cash Flow, 2 Yr. CAGR %	224.93	-48.63	-11.43	126.1	40.5
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.05	-1.68	2.31	4.04	-0.49
Gross Profit, 3 Yr. CAGR %	-1.75	-2.28	2.07	5.03	2.21
EBITDA, 3 Yr. CAGR %	-1.09	-24.51	112.85	8.54	-29.07
EBITA, 3 Yr. CAGR %	5.19	34.28	-51.82	23.03	18.3
EBIT, 3 Yr. CAGR %	14.68	24.16	-61.5	24.27	16.15
Earnings From Cont. Operations, 3 Yr. CAGR %	-42.39	0.5	-23.7	121.09	-35.64
Net Income, 3 Yr. CAGR %	-42.39	0.5	-23.7	121.09	-35.64
Normalized Net Income, 3 Yr. CAGR %	-4.53	-7.72	-24.26	11.75	33.46
Diluted EPS Before Extra, 3 Yr. CAGR %	-42.43	0.51	-23.73	121.09	-35.66
Accounts Receivable, 3 Yr. CAGR %	1.47	6.18	10.67	5.06	-1.3
Inventory, 3 Yr. CAGR %	-7.77	-11.26	-6.94	0.2	6.86
Net Property, Plant and Equip., 3 Yr. CAGR %	-5.33	-4.49	-0.18	2.49	-12.25
Total Assets, 3 Yr. CAGR %	-5.61	-4.39	0.49	4.61	1.32
Tangible Book Value, 3 Yr. CAGR %	-8.27	-8.43	-2.26	-0.98	-1.01
Common Equity, 3 Yr. CAGR %	-8.43	-8.41	-0.27	1.17	1.46
Cash From Operations, 3 Yr. CAGR %	104.68	-34.32	-9.92	-50.36	-20
Capital Expenditures, 3 Yr. CAGR %	-58.97	-3.62	50.16	120.06	22.36
Levered Free Cash Flow, 3 Yr. CAGR %	11.45	-6.06	96.31	6.08	154.07
Unlevered Free Cash Flow, 3 Yr. CAGR %	46.64	5.58	22.79	-17	140.13
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.23	0.76	0.94	-1.17	0.83
Gross Profit, 5 Yr. CAGR %	-2.55	-0.96	1.8	0.44	0.82
EBITDA, 5 Yr. CAGR %	0.35	-25.97	-3.56	16.15	0.89
EBITA, 5 Yr. CAGR %	18.87	18.75	-13.51	5.2	8.22
EBIT, 5 Yr. CAGR %	13.82	22.69	-16.89	-1.38	6
Earnings From Cont. Operations, 5 Yr. CAGR %	-37.65	32.36	3.65	-6.26	-22.1
Net Income, 5 Yr. CAGR %	-37.65	32.36	3.65	-6.26	-22.1
Normalized Net Income, 5 Yr. CAGR %	-7.01	29.93	0.48	-10.51	10.73
Diluted EPS Before Extra, 5 Yr. CAGR %	-37.66	32.38	3.6	-6.27	-22.12
Accounts Receivable, 5 Yr. CAGR %	-1.83	3.93	5.5	0.37	7.25
Inventory, 5 Yr. CAGR %	0.87	-3.78	-4.81	-4.96	-2.19
Net Property, Plant and Equip., 5 Yr. CAGR %	-4.49	-2.9	-2.57	-0.45	-9.04
Total Assets, 5 Yr. CAGR %	-2.74	-2.08	-1.95	-0.22	-0.19
Tangible Book Value, 5 Yr. CAGR %	-6.58	-6.86	-6.31	-4.27	-2.13
Common Equity, 5 Yr. CAGR %	-6.93	-7.18	-5.06	-3.19	-0.71
Cash From Operations, 5 Yr. CAGR %	-5.01	8.27	29.47	-29.04	-26.08
Capital Expenditures, 5 Yr. CAGR %	-51.75	-2.67	7.48	12.61	9.49
Levered Free Cash Flow, 5 Yr. CAGR %	-20.44	-38.85	14.21	45.37	68.1
Unlevered Free Cash Flow, 5 Yr. CAGR %	-14.75	-37.43	19.78	43.18	29.59
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	-