Elgi Rubber Company Share PriceElgi Rubber Company

₹52.8
2.1 (4.14%)
As on 23 September, 2023 | 22:42 BSE: 590023 NSE: ELGIRUBCOISIN: INE819L01012

Elgi Rubber Company Performance

Day Range

  • Low 50.1
  • High 53.2
52.8

52 Week Range

  • Low 27.45
  • High 59.85
52.8
  • Open Price50.55
  • Previous Close50.7
  • Volume63859

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Elgi Rubber Company Share Price

  • Over 1 Month 1.44%
  • Over 3 Month 31.84%
  • Over 6 Month 67.35%
  • Over 1 Year 54.39%

Elgi Rubber Company Key Statistics

P/E Ratio 22.8
PEG Ratio 0.1
Market Cap Cr 264
Price to Book Ratio 1.4
EPS 3.5
Dividend 0
Relative Strength Index 53.88
Money Flow Index 82.04
MACD Signal 1.22
Average True Range 3.34

Elgi Rubber Company Investment Rating

  • Master Rating:
  • Elgi Rubber has an operating revenue of Rs. 392.28 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of 3% needs improvement, ROE of 3% is fair but needs improvement. The company has a reasonable debt to equity of 41%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 9% and 34% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 16% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 37 which is a POOR score indicating inconsistency in earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at C- which is evident from recent supply seen, Group Rank of 93 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Elgi Rubber Company Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 475555585563
Operating Expenses Qtr Cr 445149495267
Operating Profit Qtr Cr 34793-4
Depreciation Qtr Cr 322222
Interest Qtr Cr 483332
Tax Qtr Cr 0-1310-1
Net Profit Qtr Cr 5-2418129-5
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 247216
Operating Expenses Annual Cr 200190
Operating Profit Annual in Cr 238
Depreciation Cr 89
Interest Annual Cr 179
Tax Annual Cr 31
Net Profit Annual Cr 158
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 12
Cash from Investing Activity Annual Cr -24
Cash from Financing Annual Activity Cr 13
Net Cash Flow Annual Cr 0
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 296282
Fixed Assets Annual Cr 11193
Total Non Current Assets Annual Cr 347299
Total Current Assets Annual Cr 124134
Total Assets Annual Cr 471433
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 5956
ROE Annual % 53
ROCE Annual % 116
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2113
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 95961049798116
Operating Expenses Qtr Cr 89939392100115
Operating Profit Qtr Cr 63115-21
Depreciation Qtr Cr 444445
Interest Qtr Cr 6116435
Tax Qtr Cr 0-1310-1
Net Profit Qtr Cr 5-161760-2
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 420410
Operating Expenses Annual Cr 378384
Operating Profit Annual in Cr 175
Depreciation Cr 1618
Interest Annual Cr 2316
Tax Annual Cr 31
Net Profit Annual Cr 7-16
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 9
Cash from Investing Activity Annual Cr -9
Cash from Financing Annual Activity Cr -6
Net Cash Flow Annual Cr -6
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 184171
Fixed Assets Annual Cr 236209
Total Non Current Assets Annual Cr 320282
Total Current Assets Annual Cr 213218
Total Assets Annual Cr 533500
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3734
ROE Annual % 4-10
ROCE Annual % 104
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 117

Elgi Rubber Company Technicals

EMA & SMA

Current Price
₹52.8
2.1 (4.14%)
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹51.62
  • 50 Day
  • ₹48.8
  • 100 Day
  • ₹45.2
  • 200 Day
  • ₹41.36
  • 20 Day
  • ₹51.55
  • 50 Day
  • ₹48.22
  • 100 Day
  • ₹44.3
  • 200 Day
  • ₹39.3

Elgi Rubber Company Resistance and Support

PIVOT
₹52.04
Resistance
First Resistance ₹53.97
Second Resistance ₹55.14
Third Resistance ₹57.07
RSI 53.88
MFI 82.04
MACD Single Line 1.22
MACD 1.15
Support
First Resistance ₹50.87
Second Resistance ₹48.94
Third Resistance ₹47.77

Elgi Rubber Company Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 63,859 6,385,900 100
Week 98,566 7,968,075 80.84
1 Month 207,188 10,359,414 50
6 Month 151,288 7,677,852 50.75

Elgi Rubber Company Result Highlights

Elgi Rubber Company Synopsis

NSE-Auto/Truck-Tires & Misc

Elgi Rubber Co. is involved in the business activities of Manufacture of rubber tyres and tubes. Company’s Total Operating Revenue is Rs. 223.02 Cr. and Equity Capital is Rs. 5.01 Cr. for the Year ended 31/03/2023. Elgi Rubber Company Ltd. is a Public Limited Listed company incorporated on 16/10/2006 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L25119TZ2006PLC013144 and registration number is 013144.
Market Cap 264
Sales 215
Shares in Float 1.75
No of funds 6
Yield 0.68
Book Value 0.89
U/D Vol ratio 2
LTDebt / Equity 23
Alpha 0.19
Beta 1.19

Elgi Rubber Company

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 65.03%65.03%65.03%65.03%
Mutual Funds
Insurance Companies 1.45%1.45%1.45%1.45%
Foreign Portfolio Investors
Financial Institutions/ Banks
Individual Investors 23.42%23.37%23.24%23.43%
Others 10.1%10.15%10.28%10.09%

Elgi Rubber Company Management

Name Designation
Mr. Sudarsan Varadaraj Chairman & Managing Director
Mr. Harsha Varadaraj Whole Time Director
Mr. Jairam Varadaraj Non Executive Director
Mr. M D Selvaraj Non Executive Director
Mr. P Vijay Raghunath Non Executive Director
Mr. V Bhuvaneshwari Non Executive Director

Elgi Rubber Company Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Elgi Rubber Company Corporate Action

Date Purpose Remarks
2023-08-10 Quarterly Results
2023-05-25 Audited Results
2022-11-10 Quarterly Results
2022-08-10 Quarterly Results
2022-05-26 Audited Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Elgi Rubber Company FAQs

What is Share Price of Elgi Rubber Company ?

Elgi Rubber Company share price is ₹52 As on 23 September, 2023 | 22:28

What is the Market Cap of Elgi Rubber Company ?

The Market Cap of Elgi Rubber Company is ₹264.3 Cr As on 23 September, 2023 | 22:28

What is the P/E ratio of Elgi Rubber Company ?

The P/E ratio of Elgi Rubber Company is 22.8 As on 23 September, 2023 | 22:28

What is the PB ratio of Elgi Rubber Company ?

The PB ratio of Elgi Rubber Company is 1.4 As on 23 September, 2023 | 22:28

Q2FY23