Lead Reclaim and Rubber Products Ltd
Incorporated in 2012, Lead Reclaim
& Rubber Products Ltd manufactures
reclaimed rubber[1]
- Market Cap ₹ 62.1 Cr.
- Current Price ₹ 71.9
- High / Low ₹ 99.5 / 48.6
- Stock P/E 31.7
- Book Value ₹ 24.4
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 9.34 %
- Face Value ₹ 10.0
Pros
- Company's working capital requirements have reduced from 121 days to 94.7 days
Cons
- Stock is trading at 2.95 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.95% over last 3 years.
- Debtor days have increased from 50.7 to 63.5 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 4.77 | 7.04 | 10.30 | 8.76 | 14.77 | 30.86 | 43.82 | |
| 3.67 | 5.87 | 9.09 | 7.61 | 13.05 | 27.16 | 38.69 | |
| Operating Profit | 1.10 | 1.17 | 1.21 | 1.15 | 1.72 | 3.70 | 5.13 |
| OPM % | 23.06% | 16.62% | 11.75% | 13.13% | 11.65% | 11.99% | 11.71% |
| 0.06 | 0.03 | 0.07 | 0.19 | 0.13 | 0.14 | 0.14 | |
| Interest | 0.31 | 0.32 | 0.24 | 0.26 | 0.48 | 0.64 | 0.86 |
| Depreciation | 0.42 | 0.36 | 0.36 | 0.39 | 0.60 | 1.20 | 1.64 |
| Profit before tax | 0.43 | 0.52 | 0.68 | 0.69 | 0.77 | 2.00 | 2.77 |
| Tax % | 13.95% | 55.77% | 26.47% | -20.29% | 50.65% | 27.00% | |
| 0.36 | 0.23 | 0.50 | 0.83 | 0.38 | 1.46 | 1.96 | |
| EPS in Rs | 17.87 | 11.41 | 2.26 | 1.13 | 0.52 | 1.69 | 2.27 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | 44% |
| TTM: | 131% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 43% |
| TTM: | 172% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| 1 Year: | 31% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 8% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 2.22 | 7.34 | 7.34 | 8.64 | 8.64 |
| Reserves | -0.03 | 0.20 | 0.59 | 3.48 | 3.84 | 11.44 | 12.43 |
| 3.78 | 3.94 | 2.69 | 2.66 | 4.16 | 4.87 | 8.64 | |
| 1.37 | 1.61 | 1.49 | 1.80 | 3.56 | 4.03 | 6.45 | |
| Total Liabilities | 5.32 | 5.95 | 6.99 | 15.28 | 18.90 | 28.98 | 36.16 |
| 3.05 | 2.79 | 2.83 | 2.85 | 5.60 | 10.08 | 12.43 | |
| CWIP | 0.00 | 0.00 | 0.00 | 1.90 | 0.62 | 2.74 | 4.20 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| 2.27 | 3.16 | 4.16 | 10.53 | 12.68 | 16.15 | 19.53 | |
| Total Assets | 5.32 | 5.95 | 6.99 | 15.28 | 18.90 | 28.98 | 36.16 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.70 | 0.53 | -0.41 | -0.47 | 0.37 | -0.35 | |
| 0.00 | -0.08 | -0.36 | -4.77 | -2.03 | -7.59 | |
| -0.80 | -0.14 | 0.56 | 6.91 | 1.05 | 7.50 | |
| Net Cash Flow | -0.09 | 0.31 | -0.21 | 1.67 | -0.61 | -0.44 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 43.62 | 47.18 | 14.53 | 32.08 | 56.59 | 63.51 |
| Inventory Days | 135.19 | 108.90 | 116.19 | 237.14 | 172.37 | 50.63 |
| Days Payable | 175.74 | 101.84 | 61.89 | 72.86 | 123.45 | 14.81 |
| Cash Conversion Cycle | 3.06 | 54.24 | 68.84 | 196.37 | 105.51 | 99.33 |
| Working Capital Days | 2.30 | 26.96 | -13.11 | 159.17 | 109.48 | 94.74 |
| ROCE % | 20.27% | 18.70% | 10.01% | 8.61% | 13.10% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Employee Count Count |
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| EPR Certificate Sales Volume MT |
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| Installed Production Capacity MTPA |
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| Capacity Utilization % |
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| Production Volume MT |
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| Revenue Contribution from Exports % |
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Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
16 March 2026 - Virtual analyst/investor meeting scheduled March 19, 2026; no UPSI to be discussed.
-
Reply to Clarification- Financial results
5 February 2026 - Lead Reclaim: standalone and consolidated figures same; subsidiary yet to commence operations (19 Jan 2026).
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
24 January 2026 - SME-listed Lead Reclaim: corporate governance provisions not applicable for FY2025-26; paid-up Rs8.64Cr, net worth Rs20.08Cr.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
17 January 2026 - RTA certificate confirming no dematerialisation requests for equity shares Oct–Dec 2025.
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Clarification - Financial Results
13 January 2026 - Exchange has sought clarification from Lead Reclaim And Rubber Products Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) …
Annual reports
Concalls
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Nov 2025TranscriptAI SummaryPPT
Business Overview:[1][2]
LRRPL is an ISO 9001:2015, MSME ZED certified manufacturer of premium quality reclaim rubber, Butyl reclaim rubber granules, and crumb rubber
powder, crafted from recycled scrap rubber. The product includes varieties of grades, thickness, widths, and standards. It sells its products to companies in the automotive manufacturing sector, distributors, dealers, and through merchant exports