Modi Rubber's Q2 FY 2025-26 Quarterly Results

Result Summary

• Modi Rubber Ltd reported a 4.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.5%.
• Its expenses for the quarter were down by 1.5% QoQ and up 15.5% YoY.
• The net profit decreased 6.6% QoQ and decreased 27.8% YoY.
• The earnings per share (EPS) of Modi Rubber Ltd stood at 1.82 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Modi Rubber Ltd is a company engaged in the manufacturing and selling of rubber products. The company operates within the broader manufacturing sector, specifically focusing on rubber-based goods. As of the latest available data, there are no specific recent major developments publicly noted for Modi Rubber Ltd. The company has a legacy in the rubber industry, providing various rubber products for industrial and commercial use. However, due to the lack of additional data within the provided information, details about specific products or services, and any strategic shifts or expansions, remain unavailable.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Modi Rubber Ltd reported total income of ₹11.07 crores. This represents a quarter-over-quarter (QoQ) decrease of 4.2% from the ₹11.55 crores recorded in the first quarter of fiscal year 2026 (Q1FY26). Compared with the same quarter in the previous fiscal year (Q2FY25), there is a year-over-year (YoY) decline of 4.5% from ₹11.59 crores. These figures highlight a contraction in total income both sequentially and annually. This decline might impact the company's market competitiveness or indicate shifts in demand or pricing strategies.

Profitability

For Q2FY26, Modi Rubber Ltd's profit before tax was reported at a loss of ₹2.36 crores, which is a further deterioration from the ₹2.09 crores loss recorded in Q1FY26, marking a QoQ increase in losses of 12.9%. When compared to the negligible loss of ₹0.05 crores in Q2FY25, the YoY change reflects a significant increase in losses, amounting to 4620.0%. Despite these challenges at the pre-tax level, the company reported a profit after tax of ₹4.56 crores for Q2FY26. This figure represents a QoQ decrease of 6.6% from the ₹4.88 crores achieved in Q1FY26 and a YoY decline of 27.8% from ₹6.32 crores in Q2FY25. Earnings per share (EPS) also fell to ₹1.82 in Q2FY26, down 6.7% QoQ and 28.1% YoY, indicating a reduction in shareholder returns within the timeframe.

Operating Metrics

The total expenses for Modi Rubber Ltd in Q2FY26 amounted to ₹13.43 crores, showing a slight decrease of 1.5% from ₹13.64 crores in Q1FY26. However, when compared to Q2FY25, expenses increased by 15.5% from ₹11.63 crores. This rise in expenses over the year contrasts with the decline in income, which may impact the company's operational efficiency. Notably, the tax expense for Q2FY26 stood at zero, a change from a tax credit of ₹0.40 crores in Q1FY26 and a tax expense of ₹2.81 crores in Q2FY25. This variability in tax figures could reflect adjustments in tax obligations or changes in financial strategies. Unfortunately, due to the limitations of the provided data, specific financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio could not be calculated, as key components of these ratios are not available.