Indag Rubber Ltd

📈 Indag Rubber FY26 Results: Strong Margins & New BESS Order Boost Growth

- Q4 FY26 revenue: ₹63.16 crores (+9.2% YoY); FY26 revenue at ₹224.81 crores (-5.1% YoY, Q1 STU slump).

- Q4 EBITDA surges 81% YoY to ₹6.33 crores (10% margin, +400 bps YoY); FY26 EBITDA up 36% to ₹22.43 crores (10% margin).

- FY26 PAT jumps 47% YoY to ₹12.38 crores (5.5% margin, +190 bps).

- Operating cash flow leaps to ₹19.7 crores (vs ₹6.5 crores in FY25).

- Final dividend: ₹1.5/share (total FY26 payout ₹2.40 incl. interim).

- Subsidiary Millenium lands 1st commercial BESS power conversion order.

- Retreading benefits: ~70% cost savings & ~136 kg CO₂ reduction per tyre.

- Managing input cost pressures via price pass-through & supplier diversification.