Elgi Rubber Company's Q1 FY 2026-27 Quarterly Results

Result Summary

• Elgi Rubber Company Ltd reported a 16.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a decline of 15.7%.
• Its expenses for the quarter were down by 43.9% QoQ and 16.9% YoY.
• The net profit decreased 120.0% QoQ and decreased 2805.3% YoY.
• The earnings per share (EPS) of Elgi Rubber Company Ltd stood at 8.16 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Elgi Rubber Company Ltd is a company engaged in the production and sale of rubber products. It primarily operates within the rubber industry, focusing on manufacturing products that serve various sectors. As of the latest available data, specific recent developments within the company are not provided. Generally, companies within this industry are involved in producing products like retreading materials, rubber compounds, and custom rubber products. Elgi Rubber Company Ltd's market position and strategic initiatives would typically influence its financial performance, which is reflected in the quarterly results presented.

Revenue

For the quarter ending in Q1FY27, Elgi Rubber Company Ltd reported a total income of ₹79.97 crores. This marks a significant decline compared to the previous quarter (Q4FY26), where the total income was ₹95.16 crores, representing a quarter-over-quarter decrease of 16.0%. Similarly, when compared to the same quarter in the previous fiscal year (Q1FY26), which recorded a total income of ₹94.86 crores, there is a year-over-year reduction of 15.7%. These figures indicate a downward trend in revenue generation for the company over both the short and long term.

Profitability

In terms of profitability, Elgi Rubber Company Ltd has shown a positive turnaround in Q1FY27, with a profit before tax of ₹44.49 crores. This is a significant improvement from the loss reported in Q4FY26, where the company recorded a negative profit before tax of ₹200.53 crores. When compared with Q1FY26, which reported a minimal profit before tax of ₹0.05 crores, the increase is substantial. The company reported a profit after tax of ₹40.85 crores in Q1FY27, contrasting sharply with the loss of ₹204.05 crores in Q4FY26 and a loss of ₹1.51 crores in Q1FY26. This improvement is reflected in the earnings per share, which rose to ₹8.16 from negative values in the previous periods.

Operating Metrics

Examining the company's operating metrics, the total expenses for Q1FY27 amounted to ₹78.74 crores, which is a significant reduction from the ₹140.35 crores reported in Q4FY26, reflecting a 43.9% decrease quarter-over-quarter. Year-over-year, the expenses declined by 16.9% from ₹94.81 crores in Q1FY26. The tax expenses for Q1FY27 were ₹3.64 crores, showing a slight increase from ₹3.51 crores in Q4FY26 and a more substantial rise from ₹1.57 crores in Q1FY26. These figures illustrate the company's efforts to manage its cost structure effectively, reflected in the marked improvement in profitability metrics despite the decline in total income.