Lead Reclaim and Rubber Products Ltd
Incorporated in 2012, Lead Reclaim
& Rubber Products Ltd manufactures
reclaimed rubber[1]
- Market Cap ₹ 67.4 Cr.
- Current Price ₹ 78.0
- High / Low ₹ 99.5 / 59.0
- Stock P/E 34.4
- 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 3.20 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.
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: | 26% |
| 1 Year: | 25% |
| 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 |
| Free Cash Flow | 0.64 | 0.43 | -0.83 | -2.96 | -1.48 | -7.39 |
| CFO/OP | 64% | 45% | -33% | -27% | 30% | -1% |
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
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; no rematerialisation requests.
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Resignation
13 April 2026 - Mrs. Kritika Gadiya resigned as Company Secretary and Compliance Officer effective April 8, 2026.
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Press Release
9 April 2026 - LRRPL plans TPO and RCB plant at Mundra, Gujarat, with 20-25 crore investment and 1,500 MT/month capacity.
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Outcome of Board Meeting
2 April 2026 - Board approved preferential issue of equity shares and/or warrants up to Rs. 45 crore on 02 April 2026.
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Trading Window
29 March 2026 - Trading window closed from Apr 1, 2026 until 48 hours after FY/Half-year results for year ending Mar 31, 2026.
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