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Indag Rubber Limited (509162) Fair Value & Analysis

Other · IN · Market cap ₹1.8B

IR Indag Rubber Limited 509162 · BSE
Price₹109.05
Fair Value₹50.34
Upside-53.8%
Quality53/100
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Evidence: High Range ₹35.23 – ₹57.46

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price +33.4% over the past month.

Price vs Fair Value (12 months)

₹139.90 ₹81.76 Fair Value ₹50.34 Jul 2025 Jul 2026

12‑month range ₹81.76 – ₹139.90 · fair‑value band ₹35.23 – ₹57.46 · the ₹109.05 price screens above the ₹50.34 fair value. As of Jul 4, 2026.

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Analysis

Indag Rubber Limited (509162) currently trades at ₹109.05, while our model-based Fair Value estimate is ₹50.34 — implying the stock looks roughly 53.8% overvalued today. We read business quality at 53/100 (solid quality), in the Other sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Indag Rubber Limited generated revenue of ₹1.7B at a net margin of 6.0%. Revenue declined 46.8% year over year. Net debt stands at ₹62.6M. The stock trades on a trailing P/E of 21.0. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) ₹1.7B
Revenue growth (YoY) -46.8%
Net margin 6.0%
Free cash flow ₹60.7M FY2026
P/E ratio 21.0
Operating margin 6.0%
More key figures
EPS (TTM) ₹3.85
Dividend yield 4.0%
EPS growth (YoY) -26.9%
Net debt ₹62.6M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Indag Rubber Limited, together with its subsidiaries, manufactures and sells precured tread rubber and allied products in India. The company operates through two segments, Precured Tread Rubber and Allied Products/Services, and Power Generation. Precured Tread Rubber and Allied Products/Services segment engages in the manufacture of precured tread rubber, bonding repair and extrusion gum, and rubber cement, which are used for the retreading of tires. The Power Generation segment develops solar parks, as well as generates and supplies power through clean energy sub-sectors, such as solar energy, biomass, and wind. This segment distributes, supplies, and sells its power to private companies, electricity boards, industries, and central/state governments. It also exports its products. Indag Rubber Limited was incorporated in 1978 and is based in New Delhi, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Indag Rubber Limited reported revenue of ₹2.1B in FY2026 versus ₹1.7B in FY2022, a compound +6.5%/yr. Reported net income was ₹102M in FY2026, compounding +48.9%/yr from FY2022.

Revenue +6.5%/yr
FY22 ₹1.7B
FY23 ₹2.4B
FY24 ₹2.5B
FY25 ₹2.3B
FY26 ₹2.1B
Net income +48.9%/yr
FY22 ₹20.7M
FY23 ₹132M
FY24 ₹162M
FY25 ₹65.3M
FY26 ₹102M

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Frequently asked questions

Is Indag Rubber Limited (509162) undervalued?
As of Jul 4, 2026, our model estimates a fair value of ₹50.34 versus a price of ₹109.05 — about −54% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 509162?
Our model-based fair value for Indag Rubber Limited is ₹50.34 (as of Jul 4, 2026), built from audited fundamentals. The current price is ₹109.05.
What is the quality score of 509162?
Indag Rubber Limited has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Indag Rubber Limited (509162)?
Indag Rubber Limited reported trailing-twelve-month revenue of about ₹1.7B (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 509162?
The net profit margin of Indag Rubber Limited is about 6.0%, meaning it keeps roughly 6.0% of revenue as net income. Based on the latest reported figures.
Does Indag Rubber Limited pay a dividend?
Indag Rubber Limited currently shows a dividend yield of about 3.99% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.