Indag rubber Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI's depositories regulations. The certificate pertains to the quarter ended March 31, 2026, and was filed on April 3, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This quarterly filing is mandatory for listed companies to confirm compliance with dematerialization procedures for physical share certificates.

Certificate Confirmation

Skyline Financial Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 1, 2026. The certificate confirms two critical compliance aspects:

• Securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed
• Certificates have been duly verified, mutilated, cancelled, and the depository name substituted in records as registered owner within 15 days

Company Information

Indag Rubber Limited operates with its registered office located at Khemka House, 11, Community Centre, Saket, New Delhi. The company maintains manufacturing operations at Village Jhiriwala, Tehsil Nalagarh, District Solan, Himachal Pradesh. The company holds multiple ISO certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

Filing Authority

Company Secretary and Compliance Officer Sonal Garg (ACS 24598) signed the filing on behalf of Indag Rubber Limited. The certificate was digitally signed on April 3, 2026, at 14:55:03 +05'30', ensuring proper authentication and compliance with digital filing requirements.

Indag Rubber Limited has delivered strong financial performance for Q3FY26, demonstrating significant improvement in profitability metrics despite challenging market conditions. The company, a leading player in India's tyre retreading industry, reported robust growth across key financial parameters.

Financial Performance Highlights

The company's quarterly results showcase remarkable operational efficiency improvements. Revenue for Q3FY26 stood at Rs. 58.7 crore, reflecting steady growth momentum in the retreading business.

Nine-Month Performance Analysis

For the nine-month period 9MFY26, the company demonstrated resilient profitability despite revenue challenges. While total revenue declined 10% YoY to Rs. 161.7 crore, primarily due to lower STU business volumes in Q1FY26, the profitability trajectory remained encouraging.

Management Commentary and Outlook

CEO Vijay Shrinivas highlighted the company's continued margin improvement trajectory and revenue growth during Q3FY26. The revenue growth was primarily driven by both aftermarket and STU business, which witnessed a rebound in volumes. The EBITDA margin improvement of approximately 550 basis points YoY was attributed to better product mix, cost optimization, and gradual easing of raw material costs.

The management expressed confidence about supportive macroeconomic factors, including the Union Budget FY27 raising public capex to Rs. 12.2 lakh crore, with Rs. 3.10 lakh crore allocated for Roads & Highways. Recent India-US and India-EU trade agreements have further strengthened the outlook for domestic logistics activity.

Product Innovation and Market Expansion

During the quarter, the company expanded its portfolio with strategic product launches:

These product introductions enhance the company's value proposition in terms of durability, traction, and mileage, while strengthening its position as a comprehensive and innovation-driven retreading solutions provider. The company continues to leverage its extensive network of over 300 dealers, 3000 retreaders, and 15 strategically located depots across India.