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Indag Rubber Ltd
BSE:509162

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Indag Rubber Ltd
BSE:509162
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Price: 92.07 INR 2.51% Market Closed
Market Cap: ₹2.4B

Gross Margin

30.1%
Current
Improving
by 0.4%
vs 3-y average of 29.7%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
30.1%
=
Gross Profit
₹627.4m
/
Revenue
₹2.1B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
30.1%
=
Gross Profit
₹627.4m
/
Revenue
₹2.1B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Indag Rubber Ltd
BSE:509162
2.4B INR
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JP
Bridgestone Corp
TSE:5108
4.2T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
20.5B EUR
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IT
Pirelli & C SpA
MIL:PIRC
5.9B EUR
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CN
Sailun Group Co Ltd
SSE:601058
43.7B CNY
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JP
Yokohama Rubber Co Ltd
TSE:5101
930.1B JPY
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IN
MRF Ltd
NSE:MRF
549.5B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
6.9T KRW
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
415.7B INR
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JP
Toyo Tire Corp
TSE:5105
556.2B JPY
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CN
Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
23.9B CNY
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Market Distribution

In line with most companies in India
Percentile
35th
Based on 4 996 companies
35th percentile
30.1%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Indag Rubber Ltd
Glance View

Market Cap
2.4B INR
Industry
Auto Components

Indag Rubber Ltd. is a holding company, which engages in the manufacture of precured retreading materials. The company is headquartered in New Delhi, Delhi and currently employs 307 full-time employees. The firm is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum, and Rubber Cement, which are used for retreading of tires and providing tire retreading service. The firm manufactures un-vulcanized rubber strip gum, universal spray cement and full skirt tire envelopes for the tire retreading industry. Its Precured Tread Rubber is used for various types of requirements, such as truck bus tires, light commercial vehicles, passenger vehicles’ tires, agricultural vehicles tires and off-road tires. Its Pre-cured tread rubber is a vulcanized rubber belt and are suitable to perform on a various road application, such as long-haul, short-haul, hilly terrains and mines. The Company’s plants are located at Solan, Himachal Pradesh and Alwar, Rajasthan.

INDAG Intrinsic Value
88.51 INR
Overvaluation 4%
Intrinsic Value
Price
I
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
30.1%
=
Gross Profit
₹627.4m
/
Revenue
₹2.1B
What is Indag Rubber Ltd's current Gross Margin?

The current Gross Margin for Indag Rubber Ltd is 30.1%, which is above its 3-year median of 29.7%.

How has Gross Margin changed over time?

Over the last 3 years, Indag Rubber Ltd’s Gross Margin has increased from 26.6% to 30.1%. During this period, it reached a low of 25.3% on Mar 31, 2025 and a high of 33.4% on Dec 31, 2023.

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