Integrated Filing — IndAS



General information about company

Scrip Code 000000
NSE Symbol ELGIRUBCO
MSEI Symbol NOTLISTED
ISIN INE819L01012
Name of company Elgi Rubber Company Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 12-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 03-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Rubber Industry
Start date and time of board meeting 12-02-2026   11:30:00
End date and time of board meeting 12-02-2026   15:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 6,245.73 17,679.11
Other income 314.93 1,463.70
Total income 6,560.66 19,142.81
2 Expenses
(a) Cost of materials consumed 3,156.24 9,796.13
(b) Purchases of stock-in-trade 379.35 928.29
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 382.90 (322.68)
(d) Employee benefit expense 695.98 2,012.95
(e) Finance costs 429.27 1,243.49
(f) Depreciation, depletion and amortisation expense 369.19 1,092.09
(f) Other Expenses
1 Impairment of receivables from foreign subsidiary 2,527.27 2,527.27
2 Other expenses 1,041.75 3,711.72
Total other expenses 3,569.02 6,238.99
Total expenses 8,981.95 20,989.26
3 Total profit before exceptional items and tax (2,421.29) (1,846.45)
4 Exceptional items (7,666.45) (7,613.91)
5 Total profit before tax (10,087.74) (9,460.36)
6 Tax expense
7 Current tax 65.00 230.00
8 Deferred tax (671.98) (688.11)
9 Total tax expenses (606.98) (458.11)
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (9,480.76) (9,002.25)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (9,480.76) (9,002.25)
17 Other comprehensive income net of taxes (10.82) (15.54)
18 Total Comprehensive Income for the period (9,491.58) (9,017.79)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 500.50 500.50
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -18.94 -17.99
Diluted earnings (loss) per share from continuing operations -18.94 -17.99
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -18.94 -17.99
Diluted earnings (loss) per share from continuing and discontinued operations -18.94 -17.99
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 In accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the above unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 12, 2026 and subjected to limited review by the statutory auditors of the Company. The statutory auditors have expressed an unmodified opinion on these results. 2 These statements have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 3 Reversal of interest income recognised during the current quarter from three wholly owned subsidiaries, on account of uncertainty of its recoverability. 4 Exceptional items represents the following 4.1 Profit on sale of assets 4.2 Consequent to the notification of four new Labour Codes on November 21, 2025, the Group has assessed and recognised an incremental gratuity cost of Rs.21.65 lakhs in the unaudited standalone financial results for the quarter ended 31 December 2025 primarily arise due to change in wage definition under the exceptional item, being regulatory driven and non-recurring in nature. Further, the Group continues to monitor Central and State Rules and clarifications for any other impact. 4.3 The Company recognised a full impairment of its investment and loans to its wholly owned step down material foreign subsidiary, Rubber Resources B V Netherlands in the unaudited standalone financial results for the quarter ended 31 December 2025 based on indicators of impairment and significant deterioration in credit risk in accordance with Ind AS 36 and Ind AS 109 as an exceptional item considering its material and non recurring nature. 5 Subsequent to the reporting date, the said subsidiary has voluntarily filed application for voluntary liquidation / bankruptcy in Netherlands which has been considered as a non adjusting subsequent event in accordance with Ind AS 10 6 A Commercial Court has passed an order on 17 December 2025 in respect of a claim relating to pre payment penalty charges expensed in earlier years subject to appeal within the period of 60 days which has not elapsed as at 31 December 2025. Hence the claim continues to be treated as a contingent asset in accordance with Ind AS 37 and no income has been recognised in the above financial results 7 The company is engaged primarily in only one segment of providing solutions to the Rubber industry. Hence there are no reportable segments as per Ind AS 108 Operating Segments 8 The company has wholly owned subsidiaries and submission of consolidated financial results for December 31, 2025 is applicable. Further, the Company has no Associate or Joint Venture Company(ies) as on December 31, 2025. 9 The previous period figures have been regrouped / reclassified wherever necessary.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss (14.46) (20.77)
Total Amount of items that will not be reclassified to profit and loss (14.46) (20.77)
2 Income tax relating to items that will not be reclassified to profit or loss (3.64) (5.23)
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 0.00 0.00
Total Amount of items that will be reclassified to profit and loss 0.00 0.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (10.82) (15.54)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Arun & Co. Yes 31-07-2027