Rubber manufacturer bags new orders worth Rs 1,05,31,356.64 from Indian Railways and Defrail Technologies Ltd
DSIJ Intelligence-1 / 10 Jul 2025/ Categories: Mindshare, Trending
The company has a market cap of over Rs 220 crore with a PE of 79x, an ROE of 23 per cent and an ROCE of 30 per cent.
Gayatri Rubbers and Chemicals Limited has secured new orders totalling Rs 1,05,31,356.64 from two domestic entities: Defrail Technologies Limited and the Ministry of Railways – Indian Railways. The order from Defrail Technologies Limited, valued at Rs 65,02,160.50, is for the supply of EPDM Rubber Gaskets & Neoprene Sponge Rubber Gaskets. This contract, like the second order, stipulates a fulfilment period of 60 days from the date of the Purchase Order, adhering to standard industrial terms.
The second order, from the Ministry of Railways – Indian Railways, amounts to Rs 40,29,196.14. This contract also involves the supply of EPDM Rubber Gaskets & Neoprene Sponge Rubber Gaskets and is likewise subject to a 60-day execution period from the date of the Purchase Order. Both new orders highlight Gayatri Rubbers and Chemicals Limited's continued engagement with key domestic clients in the supply of specialised rubber products.
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About the Company
Gayatri Rubbers and Chemicals Limited (GRCL), formerly the proprietorship firm Goyal Rubbers, is a leading manufacturer and supplier in the rubber industry. They produce a variety of rubber products, including rubber profiles, aluminium rubber profiles, automobile rubber profiles, rubber compounds, and clear PVC profiles. GRCL supplies its rubber compounds to other manufacturers and distributes its products to key players like Banco, Nalco, and Jindal in the aluminium sector, as well as agents of Motherson Sumi and state transport in the automobile sector. The company sources its raw materials from across India, including natural rubber and EPDM rubber from Kerala, calcium carbonate and chalk powder from Gujarat, and zinc and other goods from Delhi NCR.
The company has a market cap of over Rs 220 crore with a PE of 79x, an ROE of 23 per cent and an ROCE of 30 per cent. The stock is up by 15 per cent from its 52-week low of Rs 340.40 per share.
Disclaimer: The article is for informational purposes only and not investment advice.