What we do Indag Rubber Ltd manufactures and sells precured tread rubber and allied products for tyre retreading, catering primarily to commercial transport and fleet sectors. |
Founded in 1,978 |
Market share Leading player in Indian tyre retreading industry with nationwide presence and export to Middle East, Africa, and Southeast Asia. |
Problem solved Provides cost-effective, durable retreading solutions reducing tyre costs and environmental impact, supporting sustainable fleet operation. |
Top clients or who we serve Serves vehicle fleet operators, state transport undertakings (STUs), and franchisees throughout India and overseas markets. B2B focus with extensive franchise network. |
Key management Mr. Nand Lal Khemka, Chairman & Managing Director (MBA Columbia); Mr. Vijay Shrinivas, CEO & Whole Time Director (IIFT MBA). |
Our journey and innovations Founded 1978 in JV with US Bandag, public listing in 1984, expanded manufacturing, launched 'Maxmile' product range, and diversified into green energy power electronics. |
Where we operate Mainly India with export markets including Middle East, Africa, Malaysia, Indonesia; extensive pan-India franchise network. |
Top products or what we offer Precured tread rubber, universal spray cements, un-vulcanized rubber gum, retreading envelopes, and specialized retreading equipment. |
Top brands Maxmile (commercial tread rubber), Zoma (export brand), and innovative patterns like NSR and ZREV for electric vehicle retreading. |
Raw materials needed Rubber compounds and chemicals for manufacturing precured tread rubber and allied products. |
Raw materials supplier Data not specified; likely sourced from rubber and chemical suppliers in India and imports. |
Recurring vs cyclical contribution Revenue largely recurring from ongoing demand in fleet retreading and public transport tenders, but subject to tender-based cycles. |
Our industry position Top-tier Indian retreading company with leadership in product quality, innovation, and comprehensive national distribution network. |
Financial highlights FY25 revenue approx. Rs. 237 Cr; EBITDA Rs. 16.5 Cr; PAT Rs. 8.4 Cr; consistent dividend payout with improving margins. |
Geographical revenue split Dominant domestic revenue (over 90%) with small overseas revenue from Middle East and Asian markets. |
Order book Not explicitly stated; business includes tender-based STU orders and franchise sales contracts. |
Whats driving growth Government infrastructure spending, rising fuel and tyre costs, growth in transport sector, and increasing radialisation drive demand. |
Our future plans Capacity expansions, product portfolio enhancement including electric vehicle compatible retreading solutions, and focus on sustainability. |
Our green promise ISO 14001 certified with commitment to environmental protection and promoting circular economy via tyre retreading. |
Our people and values Skilled workforce with focus on training, quality, safety (ISO 45001), and community engagement through CSR programs. |
Key challenges ahead Raw material price volatility, competition from new tyres, dependency on tender-driven STU business, and macroeconomic uncertainties. |
Interesting facts Pioneered captive retreading plants for government transport undertakings and diversified into green energy power electronics manufacturing. |
Risks and strategy Mitigates raw material risk via cost optimization; pursues product innovation and franchise network expansion to counter market fluctuations. |
