Lead Reclaim and Rubber Products Ltd
Incorporated in 2012, Lead Reclaim
& Rubber Products Ltd manufactures
reclaimed rubber[1]
- Market Cap ₹ 70.1 Cr.
- Current Price ₹ 81.1
- High / Low ₹ 102 / 48.6
- Stock P/E 35.8
- 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 3.33 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: | % |
| 1 Year: | -5% |
| 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% |
Documents
Announcements
-
Investor Presentation
27 November 2025 - H1 FY26 investor presentation: acquired ~9,300 sqm land, capacity expansion, 1.25 MW solar planned, vendor approval, machinery booked.
-
Outcome of Board Meeting
14 November 2025 - Unaudited standalone and consolidated half-year results for period ended 30 Sep 2025 approved; limited review attached.
-
Price movement
7 November 2025 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
21 October 2025 - SEBI LODR governance provisions inapplicable for FY2025-26; paid-up Rs8.64Cr, net worth Rs20.08Cr.
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Analysts/Institutional Investor Meet/Con. Call Updates
14 October 2025 - Analyst meeting with Inved Research on Oct 17, 2025 (virtual); no UPSI.
Annual reports
Concalls
-
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