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Indag Rubber Ltd
BSE:509162

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Indag Rubber Ltd
BSE:509162
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Price: 108.75 INR -0.73% Market Closed
Market Cap: ₹2.9B

Net Margin

2.9%
Current
Declining
by 2.2%
vs 3-y average of 5.1%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
2.9%
=
Net Income
₹60.9m
/
Revenue
₹2.1B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
2.9%
=
Net Income
₹60.9m
/
Revenue
₹2.1B

Peer Comparison

Country Company Market Cap Net
Margin
IN
Indag Rubber Ltd
BSE:509162
2.9B INR
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JP
Bridgestone Corp
TSE:5108
4.8T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
23.3B EUR
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CN
Sailun Group Co Ltd
SSE:601058
55B CNY
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IT
Pirelli & C SpA
MIL:PIRC
6.3B EUR
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JP
Yokohama Rubber Co Ltd
TSE:5101
1T JPY
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IN
MRF Ltd
NSE:MRF
573.4B INR
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
520B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
8.1T KRW
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JP
Sumitomo Rubber Industries Ltd
TSE:5110
691.7B JPY
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JP
Toyo Tire Corp
TSE:5105
677.6B JPY
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Market Distribution

In line with most companies in India
Percentile
35th
Based on 5 531 companies
35th percentile
2.9%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

Indag Rubber Ltd
Glance View

Market Cap
2.9B 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
84.08 INR
Overvaluation 23%
Intrinsic Value
Price
I
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
2.9%
=
Net Income
₹60.9m
/
Revenue
₹2.1B
What is Indag Rubber Ltd's current Net Margin?

The current Net Margin for Indag Rubber Ltd is 2.9%, which is below its 3-year median of 5.1%.

How has Net Margin changed over time?

Over the last 3 years, Indag Rubber Ltd’s Net Margin has increased from 2.7% to 2.9%. During this period, it reached a low of 2.7% on Aug 30, 2022 and a high of 7.7% on Dec 31, 2023.

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