Current price is less than the intrinsic value

Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Indag Rubber consolidated net profit declines 62.03% in the March 2022 quarter

The Company has earlier announced about the leasing of MRO Facility at Bhiwadi to Elcom Systems Pvt. Limited to be constructed in two phases.

Indag Rubber updates on commencement of lease agreement for MRO Facility at Bhiwadi

The company’s board declared an interim dividend of Rs0.9 per equity share (Face Value of Rs2).

Indag Rubber Q2 PAT declines at Rs0.3cr, revenue marginally decreases at Rs46.2cr

Indag Rubber Consolidated September 2021 Net Sales At Rs 45.47 Crore, Down 2.78% Y-o-Y

Indag Rubber consolidated net profit declines 89.64% in the September 2021 quarter

Indag Rubber standalone net profit declines 80.79% in the September 2021 quarter

The equity shares of Rs.10 each have been transferred at a price of Rs.14.642 per share (Total amount - Rs2.20cr) on October 18, 2021.

Indag Rubber updates on sale of stake in JV SUN Mobility EV Infra; Stock gains 2%

Indag Rubber Standalone June 2021 Net Sales At Rs 31.30 Crore, Up 22.11% Y-o-Y

Indag Rubber reports standalone net loss of Rs 0.80 crore in the June 2021 quarter

Indag Rubber reports consolidated net loss of Rs 0.88 crore in the June 2021 quarter

Board recommends final dividend of Rs. 1.50 per share (FV of Rs. 2).

Indag Rubber logs steady performance in FY21 despite unprecedented macro-economic challenges

Indag Rubber Limited is a tread manufacturing company engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum, and Rubber Cement, which are used for retreading of tires.

Indag Rubber Ltd

Indag Rubber Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Indag Rubber consolidated net profit declines 62.03% in the March 2022 quarter

Indag Rubber updates on commencement of lease agreement for MRO Facility at Bhiwadi

Indag Rubber Q2 PAT declines at Rs0.3cr, revenue marginally decreases at Rs46.2cr

Indag Rubber Consolidated September 2021 Net Sales At Rs 45.47 Crore, Down 2.78% Y-o-Y

Indag Rubber consolidated net profit declines 89.64% in the September 2021 quarter

Indag Rubber standalone net profit declines 80.79% in the September 2021 quarter

Indag Rubber updates on sale of stake in JV SUN Mobility EV Infra; Stock gains 2%

Indag Rubber Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Indag Rubber consolidated net profit declines 62.03% in the March 2022 quarter

Indag Rubber updates on commencement of lease agreement for MRO Facility at Bhiwadi

Indag Rubber Q2 PAT declines at Rs0.3cr, revenue marginally decreases at Rs46.2cr

Indag Rubber Consolidated September 2021 Net Sales At Rs 45.47 Crore, Down 2.78% Y-o-Y

Indag Rubber consolidated net profit declines 89.64% in the September 2021 quarter

Indag Rubber standalone net profit declines 80.79% in the September 2021 quarter

Indag Rubber updates on sale of stake in JV SUN Mobility EV Infra; Stock gains 2%

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock