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-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 29-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment RUBBER INDUSTRY
Start date and time of board meeting 29-May-2025   12:00:00
End date and time of board meeting 29-May-2025   17:56:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 972246000 3839217000
Other income 67031000 160335000
Total income 1039277000 3999552000
2 Expenses
(a) Cost of materials consumed 382961000 1649355000
(b) Purchases of stock-in-trade 92018000 136093000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 85317000 34009000
(d) Employee benefit expense 165909000 627583000
(e) Finance costs 80553000 256462000
(f) Depreciation, depletion and amortisation expense 34773000 183046000
(f) Other Expenses
1 Other Expenses 391676000 1327230000
Total other expenses 391676000 1327230000
Total expenses 1233207000 4213778000
3 Total profit before exceptional items and tax -193930000 -214226000
4 Exceptional items 17457000 169172000
5 Total profit before tax -176473000 -45054000
6 Tax expense
7 Current tax -2775000 7065000
8 Deferred tax -3497000 -8518000
9 Total tax expenses -6272000 -1453000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -170201000 -43601000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -170201000 -43601000
17 Other comprehensive income net of taxes -2389000 -944000
18 Total Comprehensive Income for the period -172590000 -44545000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent -170201000 -43601000
Total profit or loss, attributable to non-controlling interests 0 0
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent -172590000 -44545000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0 0
21 Details of equity share capital
Paid-up equity share capital 50050000 50050000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 1740874000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -3.4 -0.87
Diluted earnings (loss) per share from continuing operations -3.4 -0.87
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 -3.4 -0.87
Diluted earnings (loss) per share from continuing and discontinued operations -3.4 -0.87
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 Consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 29 May 2025 and the same has been audited by the statutory auditor of the Company who have expressed an unmodified audit opinion thereon n2 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 applicablettttttt n3 Figures for the quarter ended 31 March 2025 and the corresponding quarter ended in the previous year as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial yearttttttttttt n4 Exceptional item include Profit on sale of assetst n5 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 n6 The Board has not recommended any dividend for the financial year 2024 25 n7 The above statements includes the results of the following wholly owned subsidiaries: tttt  i Elgi Rubber Company LLC USAttttt nt                 ii Elgi Rubber Company Limited Kenyattttt nt                iii Elgi Rubber Company Limited Sri Lankattttt nt               iv  Treadsdirect Limited Bangladeshttttt nt                v   Borrachas e Equipamentos Elgi Ltda Brasilttttt nt               vi   Elgi Rubber Company Holdings BV The Netherlands tttt nt a Rubber Resource BV The Netherlandsttttt nt b Elgi Rubber Company BV The Netherlandstttt nt              vii   Pincott International Pty Limited Australiattttt n8 The previous period figures have been regrouped or reclassified wherever necessary.tt



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1316405000
Capital work-in-progress 84977000
Investment property 36610000
Goodwill 130347000
Other intangible assets 135458000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 321347000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 52096000
Total non-current financial assets 373443000
Deferred tax assets (net) 276396000
Other non-current assets 26262000
Total non-current assets 2379898000
2 Current assets
Inventories 1214647000
Current financial asset
Current investments 0
Trade receivables, current 692991000
Cash and cash equivalents 108927000
Bank balance other than cash and cash equivalents 290762000
Loans, current 4482000
Other current financial assets 0
Total current financial assets 1097162000
Current tax assets (net) 0
Other current assets 510713000
Total current assets 2822522000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 5202420000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 50050000
Other equity 1740874000
Total equity attributable to owners of parent 1790924000
Non controlling interest 0
Total equity 1790924000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 846579000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 1146000
Total non-current financial liabilities 847725000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 847725000
Current liabilities
Current financial liabilities
Borrowings, current 1847711000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 34245000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 414501000
Total Trade payable 448746000
Other current financial liabilities 2557000
Total current financial liabilities 2299014000
Other current liabilities 239205000
Provisions, current 25552000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 2563771000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 3411496000
Total equity and liabilites 5202420000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
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
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-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Item that will not be reclassified to profit or loss -3193000 -1262000
Total Amount of items that will not be reclassified to profit and loss -3193000 -1262000
2 Income tax relating to items that will not be reclassified to profit or loss -804000 -318000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income -2389000 -944000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -45054000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 256462000
Adjustments for decrease (increase) in inventories -110087000
Adjustments for decrease (increase) in trade receivables, current -71042000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -220782000
Adjustments for decrease (increase) in other non-current assets 8268000
Adjustments for other financial assets, non-current -12950000
Adjustments for other financial assets, current -992000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -2680000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 0
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 183046000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 22113000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 40241000
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 79313000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -189039000
Other adjustments for non-cash items -926000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -19055000
Net cash flows from (used in) operations -64109000
Dividends received -1328000
Interest paid 0
Interest received -21299000
Income taxes paid (refund) -5864000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -80872000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 1050469000
Purchase of property, plant and equipment 224409000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 1328000
Interest received 15907000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -71202000
Net cash flows from (used in) investing activities 772093000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 367997000
Payments of lease liabilities -3359000
Dividends paid 159000
Interest paid 255898000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -620695000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 70526000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 70526000
Cash and cash equivalents cash flow statement at beginning of period 38401000
Cash and cash equivalents cash flow statement at end of period 108927000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
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-Jul-2027