As of 6 Nov 2026, Dolfin Rubbers trades at 30.1× trailing earnings, above the industry P/E of 25.6×. It earns ROCE of 15% and ROE of 15%, and sales and net profit grew 19% and 19% a year over 3 years. Debt is 0.48× equity. It is a small-cap company with a market cap of ₹187 Cr, ranked 109th of 140 Auto Parts companies by market cap; the shares rose 0.0% over the past year.
- ₹178.90
- ₹188.95
- ₹175.10
- ₹175.30
- 2.4K
Health check
- ReturnsBehind
0.0% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 30.1 vs industry 25.6.
- GrowthSteady
Sales +18.6%, profit +18.7% a year over 3 years.
- ProfitabilityAverage
ROCE 15.1% vs peer median 15.6%.
- Balance sheetSolid
Debt 0.48× equity, interest covered 7.6×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹187 Cr
- Small cap
- P/E
- 30.1
- Industry 25.6
- Price to book
- 4.79
- Peers 8.75
- Dividend yield
- 0.00%
- ROE
- 15.3%
- Peers 12.3%
- ROCE
- 15.1%
- Peers 15.6%
- Debt to equity
- 0.48
- Debt ₹19 Cr
- EPS (TTM)
- ₹6.19
- OPM (TTM)
- 5.3%
- Net margin 3.3%
- Sales growth
- +30.7%
- Latest quarter vs a year ago
- Profit growth
- +25.0%
- Latest quarter vs a year ago
- Price to sales
- 1.03
- EV/EBITDA 21.3
Strengths and risks
Strengths
- Quarterly profit up 25.0% on a year ago.
- Quarterly sales up 30.7% on a year ago.
- Positive operating cash flow in each of the last 4 years.
About Dolfin Rubbers
Dolfin Rubbers Limited is engaged in manufacturing of tyres and tubes in India. The company offers E-bike, motorcycle front, motorcycle rear, scooter, scooter rear, E-rickshaw, three-wheeler, tuk tuk, and tractor front tyres. It also provides moped, scooter, three-wheeler, agriculture, motorcycle, car bias, car radial, bias, ADV, tractor front, LCV/tractor trailer, bus, tractor, OTR, and industrial tubes, as well as flaps. In addition, it exports its…
- Headquarters
- Ludhiana
- Employees
- 862
- Sector
- Consumer Cyclical
- ISIN
- INE666Y01010
- Website
- dolfintyres.com
Price range
- Avg volume (3M)
- 3.9K
- 1-year return
- 0.0%
- From 52-week high
- minus 6.3%
Peers · Auto Parts
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MOTHERSONSamvardhana Motherson International | 158.55 | minus 5.62% | 1,68,549 | 35.4 | 3.70 | 11.5% | 10.2% | 9.6% | 17.1% | 37.2% | 0.32% | plus 60.8% |
| BOSCHLTDBosch | 50,700.00 | minus 3.38% | 1,49,545 | 54.2 | 19.50 | 24.2% | 19.4% | 13.4% | 10.3% | 24.8% | 0.53% | plus 38.6% |
| UNOMINDAUNO Minda | 1,326.00 | minus 0.67% | 76,572 | 58.1 | 11.21 | 20.5% | 19.1% | 11.0% | 20.5% | 22.3% | 0.22% | plus 6.6% |
| SONACOMSSona BLW Precision Forgings | 900.00 | minus 1.67% | 56,266 | 75.0 | 8.75 | 13.2% | 11.9% | 23.2% | 18.8% | 17.4% | 0.40% | plus 89.2% |
| SCHAEFFLERSchaeffler India | 3,519.70 | minus 1.17% | 55,014 | 41.9 | 8.97 | 25.7% | 20.2% | 17.9% | 12.3% | 9.4% | 0.99% | minus 13.9% |
| MRFMRF | 1,25,295.00 | minus 0.50% | 53,139 | 22.0 | 2.53 | 15.6% | 12.3% | 15.1% | 10.6% | 46.7% | 0.19% | minus 20.3% |
| BALKRISINDBalkrishna Industries | 2,410.00 | plus 0.34% | 46,589 | 32.7 | 4.25 | 13.8% | 11.6% | 21.1% | 3.6% | 5.5% | 0.71% | plus 1.6% |
| DOLFINDolfin Rubbers | 186.45 | plus 6.36% | 187 | 30.1 | 4.79 | 15.1% | 15.3% | 5.3% | 18.6% | 18.7% | 0.00% | 0.0% |
| Median of 7 peers | – | −1.17% | 56,266 | 41.9 | 8.75 | 15.6% | 12.3% | 15.1% | 12.3% | 22.3% | 0.40% | 6.6% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 40.2 | 39.9 | 41 | 48.6 | 52.6 | |
| 37.6 | 38.1 | 39 | 46.1 | 49.2 | |
| 2.7 | 1.8 | 2 | 2.5 | 3.3 | |
| 6.6% | 4.6% | 4.8% | 5.2% | 6.3% | |
| 0.1 | 0.1 | 0.5 | 0.3 | 0.1 | |
| 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | |
| 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | |
| 2 | 1.2 | 1.7 | 2.1 | 2.6 | |
| 21.2% | 11.1% | 10.9% | 22.4% | 24.5% | |
| 1.6 | 1.1 | 1.5 | 1.6 | 2 | |
| 1.57 | 1.07 | 1.53 | 1.63 | 1.96 |
Profit & loss
- Sales CAGR 3Y
- +18.6%
- Profit CAGR 3Y
- +18.7%
- EPS CAGR 3Y
- +18.7%
- ROE
- 15.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 102 | 126 | 144 | 170 | |
| – | +23.9% | +14.0% | +18.2% | |
| 95.1 | 117 | 134 | 161 | |
| 6.6 | 8.9 | 9.4 | 9 | |
| 6.5% | 7.1% | 6.6% | 5.3% | |
| 0.1 | 0.4 | 0.3 | 0.5 | |
| 0.9 | 1 | 0.9 | 1.1 | |
| 1.3 | 1.5 | 1.7 | 1.8 | |
| −0 | −0.2 | 0 | 0.5 | |
| 4.5 | 6.6 | 7.2 | 7 | |
| 26.6% | 28.3% | 28.6% | 21.2% | |
| 3.3 | 4.7 | 5.1 | 5.5 | |
| – | +43.2% | +8.0% | +8.1% | |
| 3.30 | 4.73 | 5.11 | 5.52 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10 | 10 | 10 | 10 | |
| 14.6 | 18.2 | 23.4 | 28.9 | |
| 13.1 | 14.6 | 17.9 | 18.6 | |
| 20.1 | 19.9 | 22.2 | 25 | |
| 57.9 | 62.8 | 73.4 | 82.5 | |
| 22.7 | 25.3 | 27.6 | 30.5 | |
| 2.5 | 0.2 | 1.4 | 1.5 | |
| – | – | 0.1 | 0.1 | |
| 0.1 | 0 | 0.8 | 0.9 | |
| 32.6 | 37.3 | 43.6 | 49.6 | |
| 57.9 | 62.8 | 73.4 | 82.5 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.9 | 5.5 | 4.5 | 4.8 | |
| −3.7 | −3.6 | −3.6 | −4.1 | |
| 2.4 | −1.8 | −0.8 | −0.7 | |
| 0.5 | 0 | 0 | 0 | |
| −3.8 | −4.3 | −3 | −5.4 | |
| −1.9 | 1.2 | 1.4 | −0.5 | |
| – | −1.2 | – | – |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.