August 20, 2017 5:21 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, primarily in the tire sector in India. It 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. The company also provides retread process equipment under the Armonas brand name; and Cincinnati retread systems under the CRS brand name. In addition, it offers retread rubber; and retreading machinery. Elgi Rubber Company...

2000, Trichy Road

Coimbatore,  641005

India

Founded in 2006

Phone:

91 42 2232 1000

Fax:

91 42 2232 2222

Key Executives for Elgi Rubber Company Limited

Chairman & MD
Age: 59
Total Annual Compensation: 6.7M
CFO & VP of Finance
Total Annual Compensation: 2.4M
Compliance Officer & Company Secretary
Total Annual Compensation: 1.5M
Compensation as of Fiscal Year 2017.

Elgi Rubber Company Limited Key Developments

Elgi Rubber Company Limited Recommends Dividend for the Financial Year Ended March 31, 2017

Elgi Rubber Company Limited has informed the Exchange that the Board of Directors of the company at its meeting held on May 20, 2017 have recommended a dividend of INR 0.13 per share of INR 1 each(13% on the face value of INR 1 each) for the financial year ended March 31, 2017.

Elgi Rubber Company Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2017

Elgi Rubber Company Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, on standalone basis, the company reported revenue from operations of INR 522.713 million against INR 525.135 million for the same period a year ago. Loss before exceptional and extraordinary items and tax was INR 0.382 million against profit of INR 8.647 million for the same period a year ago. Loss before tax was INR 2.363 million against INR 369.242 million for the same period a year ago. Loss for the period was INR 0.047 million against INR 368.211 million for the same period a year ago. For the quarter, on consolidated basis, the company reported revenue from operations of INR 1,001.483 million against INR 900.276 million for the same period a year ago. Profit before exceptional and extraordinary items and tax was INR 19.282 million against loss of INR 17.576 million for the same period a year ago. Profit before tax was INR 17.301 million against loss of INR 19.627 million for the same period a year ago. Net loss for the period was INR 1.895 million or INR 0.04 per basic and diluted share against INR 18.556 million or INR 0.37 per basic and diluted share for the same period a year ago. For the full year, on standalone basis, the company reported revenue from operations of INR 1,999.636 million against INR 2,012.043 million for the same period a year ago. Profit before exceptional and extraordinary items and tax was INR 58.049 million against INR 134.076 million for the same period a year ago. Profit before tax was INR 56.068 million against loss of INR 243.813 million for the same period a year ago. Profit for the period was INR 40.085 million or INR 0.80 per basic and diluted share against loss of INR 264.905 million or INR 5.29 per basic and diluted share for the same period a year ago. For the full year, on consolidated basis, the company reported revenue from operations of INR 3,750.516 million against INR 3,623.344 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 56.921 million against INR 105.845 million for the same period a year ago. Loss before tax was INR 58.901 million against INR 107.896 million for the same period a year ago. Loss for the period was INR 78.986 million against INR 114.521 million for the same period a year ago. Basic and diluted loss per share was INR 1.58 against INR 2.29 for the same period a year ago.

Elgi Rubber Company Limited to Report Q4, 2017 Results on May 20, 2017

Elgi Rubber Company Limited announced that they will report Q4, 2017 results on May 20, 2017

Recent Private Companies Transactions

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