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 products. Dolfin Rubbers Limited was incorporated in 1995 and is based in Ludhiana, India.
Rs. Crores · hover row for definition
Metric
Jun 2026
Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Jun 2023
Sales 52.57
48.60
41.02
39.90
40.23
39.41
31.84
33.70
38.64
34.61
27.04
36.66
27.63
Expenses 49.23
46.07
39.04
38.07
37.56
36.62
30.14
31.73
35.68
32.16
25.20
33.99
25.86
Operating Profit 3.34
2.53
1.98
1.83
2.67
2.79
1.70
1.97
2.96
2.45
1.84
2.67
1.77
OPM % 6.35
5.21
4.83
4.59
6.64
7.08
5.34
5.85
7.66
7.08
6.80
7.28
6.41
Other Income 0.12
0.27
0.51
0.10
0.07
0.11
0.22
0.01
0.09
0.26
0.08
0.00
0.12
Depreciation 0.51
0.48
0.47
0.45
0.44
0.43
0.43
0.50
0.36
0.40
0.38
0.37
0.36
Interest 0.34
0.22
0.30
0.26
0.31
0.29
0.24
0.15
0.27
0.23
0.26
0.29
0.27
Profit before tax 2.61
2.10
1.72
1.22
1.99
2.18
1.25
1.33
2.42
2.08
1.28
2.01
1.26
Tax % 24.52
22.38
11.05
11.48
35.18
28.90
43.20
21.05
24.38
28.37
27.34
26.87
30.95
Net Profit 1.97
1.63
1.54
1.08
1.29
1.54
0.71
1.04
1.84
1.49
0.92
1.46
0.87
EPS in Rs 1.96
1.63
1.54
1.08
1.29
1.54
0.71
1.04
1.83
1.49
0.92
1.46
0.87
Annual · Rs. Crores
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2012 Mar 2011 Mar 2010
Sales
170.00 144.00 126.00 102.00 84.00 82.00 77.00 70.00 54.00 22.00 19.00 17.00
Expenses
161.00 134.00 117.00 95.00 78.00 78.00 73.00 67.00 52.00 21.00 18.00 16.00
Operating Profit
9.00 9.00 9.00 7.00 6.00 5.00 4.00 3.00 3.00 1.00 1.00 1.00
OPM %
5.00 7.00 7.00 6.00 7.00 6.00 5.00 4.90 4.70 5.00 5.00 5.00
Other Income
1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest
1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation
2.00 2.00 2.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 0.00 0.00
Profit before tax
7.00 7.00 7.00 5.00 4.00 4.00 3.00 3.00 2.00 1.00 1.00 0.00
Tax %
21.00 28.00 28.00 27.00 27.00 30.00 26.00 36.00 27.00 30.00 17.00 22.00
Net Profit
6.00 5.00 5.00 3.00 3.00 3.00 3.00 2.00 1.00 0.00 0.00 0.00
EPS in Rs
5.52 5.10 4.74 3.30 2.80 2.84 2.56 1.87 1.77 2.50 2.59 2.33
Dividend Payout %
0.00 0.00 0.00 36.00 0.00 32.00 29.00 0.00 0.00 0.00 0.00 0.00
Annual · Rs. Crores — latest first
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2012 Mar 2011 Mar 2010
Equity Capital
10.00 10.00 10.00 10.00 8.00 8.00 8.00 8.00 6.00 1.00 1.00 1.00
Reserves
29.00 23.00 18.00 15.00 14.00 12.00 10.00 8.00 2.00 2.00 2.00 1.00
Borrowings
19.00 18.00 15.00 13.00 10.00 11.00 4.00 2.00 4.00 4.00 3.00 3.00
Other Liabilities
25.00 22.00 20.00 20.00 15.00 10.00 9.00 8.00 8.00 4.00 4.00 4.00
Total Liabilities
83.00 73.00 63.00 58.00 47.00 40.00 31.00 25.00 20.00 12.00 10.00 9.00
Fixed Assets
29.00 26.00 25.00 20.00 19.00 18.00 11.00 9.00 9.00 3.00 3.00 3.00
CWIP
1.00 0.00 0.00 2.00 1.00 0.00 4.00 2.00 0.00 0.00 0.00 0.00
Investments
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Assets
53.00 47.00 38.00 36.00 27.00 23.00 16.00 14.00 11.00 9.00 7.00 6.00
Total Assets
83.00 73.00 63.00 58.00 47.00 40.00 31.00 25.00 20.00 12.00 10.00 9.00
Annual · Rs. Crores — latest first
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2012 Mar 2011 Mar 2010
Cash from Operating Activity
5.00 4.00 5.00 2.00 2.00 2.00 2.00 -2.00 2.00 0.00 0.00 0.00
Cash from Investing Activity
-4.00 -4.00 -4.00 -4.00 -3.00 -2.00 -4.00 -3.00 -1.00 0.00 0.00 0.00
Cash from Financing Activity
-1.00 -1.00 -2.00 2.00 1.00 1.00 2.00 5.00 0.00 0.00 0.00 0.00
Net Cash Flow
0.00 0.00 0.00 1.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Free Cash Flow
-1.00 1.00 1.00 -2.00 -1.00 -2.00 -2.00 -5.00 1.00 0.00 0.00 0.00
CFO/OP %
71.00 67.00 78.00 44.00 49.00 50.00 80.00 -43.00 105.00 0.00 0.00 0.00
Annual · Days / % — latest first
Metric
Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021 Mar 2020 Mar 2019 Mar 2018 Mar 2012 Mar 2011 Mar 2010
Debtor Days
34.00 45.00 45.00 54.00 51.00 54.00 54.00 49.00 54.00 59.00 43.00 56.00
Inventory Days
110.00 102.00 90.00 94.00 92.00 52.00 24.00 24.00 15.00 90.00 96.00 71.00
Days Payable
21.00 13.00 21.00 39.00 29.00 21.00 26.00 19.00 45.00 61.00 71.00 69.00
Cash Conversion Cycle
122.00 135.00 114.00 109.00 114.00 86.00 52.00 54.00 24.00 88.00 68.00 59.00
Working Capital Days
46.00 48.00 46.00 49.00 45.00 33.00 31.00 29.00 3.00 27.00 65.00 52.00
ROCE %
14.00 17.00 19.00 16.00 15.00 16.00 18.00 21.00 — 14.00 15.00 —
% holding — latest first
Quarterly
Yearly
Holder
Jun 2026
Mar 2026
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Mar 2024
Dec 2023
Sep 2023
Promoters
37.68
37.52
37.40
37.06
36.78
36.78
36.68
36.22
36.22
36.10
36.10
36.10
Public
62.32
62.48
62.60
62.95
63.22
63.23
63.33
63.78
63.78
63.90
63.90
63.90
No. of Shareholders
2,859
2,873
2,913
2,933
3,059
3,181
3,270
3,274
2,398
1,578
1,143
980
4 records