Rubfila International Limited (RUBFILA)

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Rubfila International Limited (RUBFILA) · mywealthgrid

About

Rubfila International Limited manufactures rubber products in the industrials sector. With a market cap of ₹365.76 crore and quarterly revenues of ₹110–160 crore, it operates at modest scale with operating margins averaging 6.71%. The company maintains a dividend-paying model with consistent annual payouts.

Face value: ₹5

Market cap

₹343 Cr

P/E

13.0×

P/B

1.1×

Dividend yield

3.2%

ROE

ROCE

11.2%

Debt / equity

OPM

6.7%

EPS (TTM)

₹4.9

Book value

₹57.2

52-week high

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52-week low

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Key insights

Company research notes and source-linked reviews

Key risks

Operating margin volatility: recent quarters show OPM ranging 5.89% to 8.63%, indicating exposure to input cost pressures or commodity pricing
ROE of 9.04% suggests capital generates below-average returns relative to typical industrial sector benchmarks
Minimal institutional participation (FII 0.01%, DII 0%) despite regular dividends—verify reasons for lack of institutional interest
Stock declined 10.75% over 1 year; verify whether earnings are deteriorating, valuations have reset from ₹86.34 highs, or sector headwinds are intensifying

Generated analysis · source review pending

Growth drivers

Zero debt (D/E = 0) provides capital flexibility for reinvestment or enhanced shareholder returns
Quarterly revenues stable at ₹110–160 crore with annual dividends demonstrate recurring cash generation capability
Operating margin expansion: Mar 2026 achieved 8.63% OPM vs. Dec 2025 low of 5.89%—verify what operational drivers enabled this and whether improvements persist
Verify: rubber sector end-market demand trends, industrial production cycles, and current capacity utilization

Generated analysis · source review pending

2,177 historical price candles were omitted because the exchange source has not been verified.

₹63.3-0.9%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 248.5×
+Dividend yield of 3.2%
+Dividend payout of 41.1% of profit

Cons

−Low return on equity of 9.8% (3-yr avg)
−Thin operating margin of 6.7%
−Profit declined 4% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

49/100

Business quality: 49
Growth: 11

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Apcotex Industries LimitedAPCOTEXINDAPCOTEXIND	₹3,073 Cr	₹3,166 Cr	₹1,591 Cr	₹256 Cr	12.3%	₹161 Cr	7%	21.7%	17.3%	41
Pix Transmissions LimitedPIXTRANSPIXTRANS	₹2,461 Cr	₹2,485 Cr	₹610 Cr	₹154 Cr	26.3%	₹132 Cr	18.4%	20.9%	16.5%	220
Tinna Rubber And Infrastructure LimitedTINNARUBRTINNARUBR	₹1,690 Cr	₹1,811 Cr	₹572 Cr	₹107 Cr	17.1%	₹62 Cr	9.7%	27.1%	22.1%	64
Grp LimitedGRPLTDGRPLTD	₹1,004 Cr	₹1,211 Cr	₹568 Cr	₹47 Cr	7.5%	₹6 Cr	0.6%	9.1%	1.7%	105
Rubfila International LimitedRUBFILARUBFILA	₹343 Cr	₹343 Cr	₹591 Cr	₹40 Cr	6.7%	₹26 Cr	4.4%	11.2%	9%	61
Harrisons Malayalam LimitedHARRMALAYAHARRMALAYA	₹332 Cr	₹440 Cr	₹548 Cr	₹22 Cr	4.6%	₹27 Cr	5.4%	15%	17.5%	-19
Ameenji Rubber LtdAMEENJIAMEENJI	₹307 Cr	—	₹123 Cr	₹19 Cr	15.7%	₹6 Cr	5.1%	—	—	—
Horizon Reclaim (India) LtdHORIZONHORIZON	₹265 Cr	—	—	—	—	—	—	—	—	—
Sampann Utpadan India LimitedSAMPANNSAMPANN	₹117 Cr	₹213 Cr	₹152 Cr	₹16 Cr	10.8%	₹7 Cr	4.8%	9.2%	21.3%	58
Rishiroop LtdRISHIROOPRISHIROOP	₹110 Cr	₹110 Cr	₹55 Cr	₹7 Cr	7.3%	₹30 Cr	9.3%	6.3%	5%	62
Defrail Technologies LtdDEFRAILDEFRAIL	₹49 Cr	₹56 Cr	₹80 Cr	₹8 Cr	9.4%	₹4 Cr	5%	23.1%	16.8%	68

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	323	477	457	470	550	603
COGS	212	333	324	339	404	445
Gross profit	111	144	133	131	146	157
	62	79	95	95	102	117
	49	65	37	36	45	40
OPM %	15.2%	13.6%	8.2%	7.7%	8.1%	6.7%
Depreciation	6	7	9	11	11	11
Interest	0	0	0	0	0	0
	3	3	7	8	6	8
Profit before tax	45	60	35	33	40	37
Tax	12	16	9	7	10	11
Tax %	25.8%	25.8%	26.4%	22.1%	26%	28.3%
	33	45	26	25	29	27
PAT margin %	10.4%	9.4%	5.7%	5.4%	5.4%	4.4%
EPS (₹)	6.4	—	—	4.6	5.5	5
EPS adjusted (₹)	6.2	8.2	4.8	4.7	5.5	5
	20.4%	—	—	26%	36.3%	39.8%
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	27	27	27	27	27	27
Reserves	170	208	225	243	267	283
Minority interest	—	—	—	0	—	0
	0	0	0	0	0	0
	58	59	59	59	64	69
Total equity & liabilities	255	294	311	330	358	379
	128	154	175	173	165	170
CWIP	5	4	1	0	5	6
Investments	1	1	1	0	0	0
	121	135	134	156	189	204
Total assets	255	294	311	330	358	379

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Latex Rubber Thread	504.62	34.33	332.46	51.58	280.88	12.22
Paper Tissue	94.63	1.72

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	34.5%	30.2%	29.1%	27.8%	26.6%	26.1%
EBITDA margin %	15.2%	13.6%	8.2%	7.7%	8.1%	6.7%
EBIT margin %	13.2%	12.1%	6.3%	5.4%	6.1%	4.9%
PAT margin %	10.4%	9.4%	5.7%	5.4%	5.4%	4.4%
Working capital
Receivable days	37	42	39	43	44	48
Inventory days	34	32	40	35	35	39
Payable days	37	28	25	23	23	26
NWC days	34	47	53	54	56	61
Leverage
Current ratio	2.79	3.42	3.75	4.91	5.18	5.22
Debt to EBITDA	0	0	0	0	0	0
Debt to equity	0	0	0	0	0	0
Interest coverage	181.2	346.1	235.9	102.9	332.3	248.5
Asset turnover	1.26	1.62	1.47	1.42	1.54	1.59
Return ratios
Return on assets %	13.1%	15.2%	8.3%	7.7%	8.2%	7%
Return on capital employed %	21%	26.3%	13.2%	11.4%	12.8%	11.2%
Return on equity %	17%	19%	10.3%	9.4%	10%	8.6%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	57.24%	57.24%	57.24%	57.24%	57.24%	57.24%	57.24%	57.24%	57.77%	57.77%	58.27%	58.47%
	0%	0%	0%	0%	0%	0%	0.01%	0.03%	0.17%	0.13%	0.01%	0.01%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	42.76%	42.76%	42.76%	42.76%	42.76%	42.76%	42.75%	42.73%	42.06%	42.1%	41.72%	41.52%
No. of shareholders	—	—	—	—	—	—	—	—	39,725	38,346	37,654	36,905

Promoter holding up 1.23 percentage points since Sep 2023.

9 disclosures

Person	Deal	Shares	Value	Holding	Filed
HARDIK B PATELPromoters	BuyMarket Purchase	8,000	₹6.55 L	8.37% → 8.38%	30 Sept 20257(2)
HARDIK B PATELPromoters	BuyMarket Purchase	25,000	₹20.19 L

4 deals · 24 Aug 2022 – 29 Aug 2022

Date	Client	Type	Venue	Side	Quantity	Price	Value
29 Aug 2022	CHRISTOPHER CHONG MENGTAK	Bulk	BSE	Sell	3,21,712	₹91.58	₹2.95 Cr
25 Aug 2022	CHRISTOPHER CHONG MENGTAK	Bulk	BSE	Sell	3,00,000	₹78.72	₹2.36 Cr
24 Aug 2022	CHRISTOPHER CHONG MENGTAK	Bulk	BSE	Sell	6,37,144	₹78.07	₹4.97 Cr
24 Aug 2022	LITTY THOMAS	Bulk	BSE	Buy	2,80,000	₹78.39	₹2.19 Cr

1–4 of 4

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. HARDIK B PATELNon-Executive - Non Independent Director-Chairperson related to Promoter
Mr. G KRISHNA KUMARExecutive Director
Mr. BHARAT J DATTANINon-Executive - Non Independent Director
Mr. D G RAJANNon-Executive - Independent Director
Mr. S H MERCHANTNon-Executive - Independent Director
Ms. AISHWARYA SINGHVINon-Executive - Independent Director
Mr. N N ParameswaranChief Financial Officer, Company Secretary and Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Rubfila International Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

17 announcementsExport CSV

5 Sept 2026, 12:49 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

4 Sept 2026, 9:43 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

20 Aug 2026, 4:52 pmBoard Meeting

Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of Rubfila International Limited - Proposed Divestment Of The Company'S Entire Shareholding In Premier Tissues (India) Limited

Outcome of Board Meeting PDF

19 Aug 2026, 3:38 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

13 Aug 2026, 5:09 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

11 Aug 2026, 4:16 pmBoard Meeting

Board Meeting Outcome for Compliance Of Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015

Outcome of Board Meeting PDF

16 Jul 2026, 4:00 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Director

Resignation of Director PDF

16 Jul 2026, 3:11 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Director

Resignation of Director PDF

Date	Category	Subject	Filing
5 Sept 2026, 12:49 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
4 Sept 2026, 9:43 am	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	34.5%	30.2%	29.1%	27.8%	26.6%	26.1%
EBITDA margin %	15.2%	13.6%	8.2%	7.7%	8.1%	6.7%
EBIT margin %	13.2%	12.1%	6.3%	5.4%	6.1%	4.9%
PAT margin %	10.4%	9.4%	5.7%	5.4%	5.4%	4.4%
Working capital
Receivable days	37	42	39	43	44	48
Inventory days	34	32	40	35	35	39
Payable days	37	28	25	23	23	26
NWC days	34	47	53	54	56	61
Leverage
Current ratio	2.79	3.42	3.75	4.91	5.18	5.22
Debt to EBITDA	0	0	0	0	0	0
Debt to equity	0	0	0	0	0	0
Interest coverage	181.2	346.1	235.9	102.9	332.3	248.5
Asset turnover	1.26	1.62	1.47	1.42	1.54	1.59
Return ratios
Return on assets %	13.1%	15.2%	8.3%	7.7%	8.2%	7%
Return on capital employed %	21%	26.3%	13.2%	11.4%	12.8%	11.2%
Return on equity %	17%	19%	10.3%	9.4%	10%	8.6%

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	14	35	30	28	25	-12
	-20	-26	-24	-1	-7	-1
	10	-7	-10	-7	-7	-14
Net cash flow	4	1	-3	20	11	-27
Free cash flow	-8	5	4	24	18	-28
CFO / Operating profit %	29.2%	53.8%	81.3%	77.6%	56.8%	-30.8%

Rubfila International Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Announcements

Not in the F&O segment

14

1

No fund holdings on record

Announcements

Annual reports

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Corrugated Carton Box · revenue

Rubfila International Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Announcements

Ratio timeline

Not in the F&O segment

Dividends14

Board meetings1

No fund holdings on record

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Corrugated Carton Box · revenue

14

1