Indag Rubber Limited
INDAG.BO
Bombay Stock Exchange81.76
INR
-2.38
- -
ISIN
INE802D01023
Return %
Stock
S&P500
1Y
-42.24
26.84
3Y
-40.32
77.03
5Y
-8.44
80.55
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Vijay Shrinivas
- Full Time Employees
- 309
- Sector
- Industrials
- Industry
- Manufacturing - Miscellaneous
- Address
- 11, Khemka House New Delhi India
- IPO Date
- Dec 30, 2024
- Website
- indagrubber.com
- Similar Companies
- Business
- Indag Rubber Limited manufactures and sells precured tread rubber and allied retreading materials for truck, bus, and other commercial vehicle tires in India. The company offers a comprehensive range of products including precured tread rubber in various patterns such as ZZY3, ZM857, ZZA1, ZZE2-250, ZLD, ZZYL, and EXL 210 for hot and cold retreading processes; bonding repair and extrusion gum; rubber cement; cushion gum; and envelopes in sizes for tires from 4.50-12 to 10.00-20. It also provides consulting services encompassing retreading process consultancy, machinery consultancy, troubleshooting, and tire maintenance advisory to support its network of over 1,200 retreaders nationwide. Founded in 1978 as a joint venture between the Khemka Group and Bandag Inc. (USA), Indag Rubber Limited is headquartered in New Delhi, with primary manufacturing facilities in Bhiwadi, Rajasthan, and Nalagarh, Himachal Pradesh. The company went public in 1984 and is listed on the Bombay Stock Exchange under the ticker INDAG.BO. It pioneered cold retreading technology in India, serving fleet owners in medium- and heavy-commercial vehicles, light commercial vehicles, passenger vehicles, and off-road applications through direct sales to franchises and state transport corporations. Indag Rubber operates primarily in the automotive tire retreading sector, targeting fleet operators seeking to lower tire cost-per-kilometer, reduce new tire consumption, and minimize carbon footprints via sustainable retreading solutions. Its products support radial and bias tires across short-haul, long-haul, mixed-road, and high-speed applications, with exports to the Middle East, Africa, and Southeast Asia. In recent developments, the company held its 46th Annual General Meeting on August 12, 2025, approving a final dividend of Rs. 1.50 per equity share for FY 2024-25 and declaring audited financial results for the quarter and year ended March 31, 2025 on April 21, 2025. Regulatory updates included reaffirmations of credit ratings with revised outlooks, reductions in income tax demands, and drops in GST proceedings by authorities in Bengaluru, Karnataka, and Raipur, Chhattisgarh during 2025. The board approved extensions of investment tenures and maintained trading window closures in compliance with SEBI regulations, while continuing expansions in manufacturing technology from prior years including the Nalagarh plant capacity increase and Maxmile product line launch.