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August 29, 2015 8:24 PM ET

Machinery

Company Overview of Elgi Rubber Company Limited

Company Overview

Elgi Rubber Company Limited manufactures and sells a range of raw material, equipment, tools, and accessories used in the rubber industry in India. The company offers tire retread and repair systems under the Jet brand name; rasp blades, hubs, and spacers under the Pincott brand name; brazed carbide tools under the Carbrasive brand name; gums, adhesives, and sealants under the Midwest Rubber brand name; and reclaimed rubber under the Ecorr brand name. It also provides retread process equipment, such as mono rail system for the tire retread process, envelop expander, tire cleaner unit, cement booth, tire repair and skiving stations, and exhaust and extraction systems under the Armonas brand n...

2000 Trichy Road

Coimbatore,  641005

India

Founded in 2006

Phone:

91 42 2232 1000

Fax:

91 42 2232 1015

Key Executives for Elgi Rubber Company Limited

Chief Financial Officer and Vice President of Finance
Total Annual Compensation: $1.5M
Compensation as of Fiscal Year 2014.

Elgi Rubber Company Limited Key Developments

Elgi Rubber Company Limited Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2015

Elgi Rubber Company Limited reported unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2015. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 301.971 million compared to INR 370.658 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2.887 million compared to INR 16.490 million a year ago. Profit from ordinary activities before tax was INR 6.984 million compared to INR 30.555 million a year ago. Net profit was INR 5.002 million or INR 0.10 per basic and diluted share before and after extraordinary items compared to INR 26.347 million or INR 0.53 per basic and diluted share before and after extraordinary items a year ago. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 949.214 million compared to INR 1,180.096 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 61.410 million compared to profit from operations before other income, finance costs and exceptional items of INR 21.637 million a year ago. Loss from ordinary activities before tax was INR 88.613 million compared to profit from ordinary activities before tax of INR 13.264 million a year ago. Net loss was INR 90.025 million or INR 1.80 per basic and diluted share before and after extraordinary items compared to net profit of INR 3.131 million or INR 0.06 per basic and diluted share before and after extraordinary items a year ago.

Elgi Rubber Company Limited to Report Q1, 2016 Results on Jul 30, 2015

Elgi Rubber Company Limited announced that they will report Q1, 2016 results on Jul 30, 2015

Elgi Rubber Company Limited, Board Meeting, Jul 30, 2015

Elgi Rubber Company Limited, Board Meeting, Jul 30, 2015. Agenda: To consider the unaudited financial results for the quarter ended June 30, 2015.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 13, 2015
Parani Steels Private Ltd
 

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