---
title: "Pentagon Rubber Ltd (PENTAGON) — Share Price, Financials & Analysis"
symbol: "PENTAGON"
company: "Pentagon Rubber Ltd"
canonical: "https://tapetide.com/stocks/PENTAGON"
isin: "INE0ORS01017"
nse_symbol: "PENTAGON"
sector: "Industrial Products"
industry: "Rubber Products"
market_cap_cr: 73.71
generated_at: "2026-09-13T18:26:51.836Z"
---

# Pentagon Rubber Ltd (PENTAGON)

Canonical page: https://tapetide.com/stocks/PENTAGON

## Company

- **NSE Symbol:** PENTAGON
- **ISIN:** INE0ORS01017
- **Sector:** Industrial Products
- **Industry:** Rubber Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-07-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** pentagonrubber.com

## About

Incorporated in 2004, Pentagon Rubber Ltd is a manufacturer and exporter of the conveyor 
rubber belts.[1]

## Latest Price

- **Price:** ₹93
- **Change:** -2.6 (-2.72%)
- **Open:** ₹93
- **Day High:** ₹93
- **Day Low:** ₹93
- **Previous Close:** ₹95.6
- **Volume:** 2000
- **As Of:** 2026-09-11T09:37:36+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:54.966452Z.

- **Market Cap:** ₹73.71 Cr
- **Classification:** SME
- **P/E (reported):** 40.2
- **Book Value:** ₹43.79
- **Price to Book:** 2.18
- **Dividend Yield:** 0%
- **ROE:** 8.4%
- **ROCE:** 8.83%
- **Debt to Equity:** 0.92
- **Revenue (yearly):** ₹50.85 Cr
- **Net Income:** ₹2.58 Cr
- **EBITDA:** ₹4.84 Cr
- **52-Week High:** ₹100.1
- **52-Week Low:** ₹49.15

## Tapetide Score

- **Score:** 53 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 61 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 53.26 | 9% |
| growth | 41.65 | 9% |
| momentum | 94.67 | 12% |
| ownership | 66.25 | 24% |
| quality | 54.04 | 22% |
| valuation | 31.16 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.9% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 175 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 146.82% | 201.04% | 296.28% |
| ebitda margin growth | 21.43% | 4.56% | -24.05% | -22.3% |
| net income growth | 12.5% | -4.44% | -16% | 11% |
| revenue growth | 48.31% | 1.9% | 6% | 17% |
| roce | — | -44.36% | -72.32% | 19.33% |
| roe | — | -44.7% | 19.84% | -81.28% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 21.04 | 22.14 | 28.72 | 29.05 | 24.3 | 25.02 | 26.74 | 24.11 |
| Expenses | 18.52 | 19.08 | 24.96 | 25.87 | 22.64 | 22.79 | 24.76 | 21.25 |
| Operating Profit | 2.52 | 3.06 | 3.76 | 3.18 | 1.66 | 2.23 | 1.98 | 2.86 |
| OPM % | 11.98 | 13.82 | 13.09 | 10.95 | 6.83 | 8.91 | 7.4 | 11.86 |
| Other Income | 0.02 | 0.03 | 0.13 | 0.12 | 0.18 | 0.42 | 0.3 | 0.26 |
| Interest | 0.34 | 0.46 | 0.37 | 0.41 | 0.38 | 0.58 | 0.54 | 0.8 |
| Depreciation | 0.14 | 0.14 | 0.12 | 0.12 | 0.18 | 0.24 | 0.25 | 0.64 |
| Profit before tax | 2.06 | 2.49 | 3.4 | 2.77 | 1.28 | 1.83 | 1.49 | 1.68 |
| Tax % | 34.47 | 29.32 | 27.94 | 28.52 | 27.34 | 3.28 | 57.72 | 27.98 |
| Net Profit | 1.35 | 1.75 | 2.46 | 1.99 | 0.93 | 1.76 | 0.63 | 1.21 |
| EPS in Rs | 3.38 | 3.24 | 3.19 | 2.58 | 1.21 | 2.28 | 0.82 | 1.57 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 19.33 | 22.96 | 34.74 | 43.18 | 57.67 | 49.13 | 50.7 |
| Expenses | 17.26 | 20.61 | 30.58 | 37.59 | 50.73 | 45.23 | 45.87 |
| Operating Profit | 2.07 | 2.35 | 4.16 | 5.59 | 6.94 | 3.9 | 4.83 |
| OPM % | 10.71 | 10.24 | 11.97 | 12.95 | 12.03 | 7.94 | 9.53 |
| Other Income | 0.06 | 0.03 | 0.09 | 0.04 | 0.25 | 0.59 | 0.57 |
| Interest | 0.67 | 0.75 | 0.74 | 0.81 | 0.78 | 0.96 | 1.34 |
| Depreciation | 0.47 | 0.55 | 0.49 | 0.28 | 0.23 | 0.42 | 0.89 |
| Profit before tax | 0.99 | 1.08 | 3.02 | 4.54 | 6.18 | 3.11 | 3.17 |
| Tax % | 5.05 | -2.78 | 1.32 | 31.94 | 27.99 | 13.83 | 41.96 |
| Net Profit | 0.94 | 1.1 | 2.97 | 3.1 | 4.44 | 2.68 | 1.84 |
| EPS in Rs | 2.35 | 2.75 | 7.42 | 5.74 | 5.76 | 3.48 | 2.39 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 4 | 4 | 5.4 | 7.71 | 7.71 | 7.71 |
| Reserves | -2.65 | -1.54 | 1.41 | 3.24 | 21.54 | 24.24 | 26.05 |
| Borrowings | 12.45 | 16.5 | 17.58 | 16.75 | 24.34 | 25.02 | 31.19 |
| Other Liabilities | 7.53 | 6.93 | 4.93 | 7.06 | 2.76 | 2.45 | 3.69 |
| Total Liabilities | 21.33 | 25.89 | 27.92 | 32.45 | 56.35 | 59.42 | 68.64 |
| Fixed Assets | 2.84 | 2.56 | 2.08 | 2.01 | 1.89 | 2.89 | 11.15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 8.08 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18.49 | 23.33 | 25.84 | 30.44 | 54.46 | 48.45 | 57.49 |
| Total Assets | 21.33 | 25.89 | 27.92 | 32.45 | 56.35 | 59.42 | 68.64 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.58 | -2.96 | -0.16 | 1.93 | -12.41 | 5.81 | -3.62 |
| Cash from Investing Activity | -0.72 | -0.37 | -0.01 | -0.2 | -0.12 | -9.51 | -1.07 |
| Cash from Financing Activity | -0.84 | 3.3 | 0.45 | -1.64 | 22.98 | -0.28 | 4.83 |
| Net Cash Flow | 0.02 | -0.03 | 0.28 | 0.09 | 10.46 | -3.98 | 0.14 |
| Free Cash Flow | 0.84 | -3.23 | -0.17 | 1.73 | -12.53 | -3.7 | -4.69 |
| CFO/OP | 76 | -126 | -2 | 58 | -154 | 172 | -63 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 148.04 | 168.67 | 98.87 | 113.52 | 131.65 | 116.05 | 175.23 |
| Inventory Days | 184.96 | 199.45 | 163.37 | 159.99 | 144.66 | 216.32 | 236.44 |
| Days Payable | 143.34 | 95.65 | 35.85 | 42.48 | 8.77 | 14.22 | 22.64 |
| Cash Conversion Cycle | 189.66 | 272.48 | 226.39 | 231.03 | 267.53 | 318.15 | 389.02 |
| Working Capital Days | 124.44 | 130.04 | 121.25 | 104.31 | 187.66 | 190.86 | 185.02 |
| ROCE % | — | 11.17 | 17.93 | 22.12 | 17.62 | 7.38 | 7.4 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 70.04% | 70.04% | 70.04% | 70.04% | 70.04% | 70.04% |
| FIIs | 0% | 7.78% | 7.68% | 7.22% | 5.06% | 2.18% | 2.18% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 14.24% | 16.76% | 18.7% | 21.34% | 23.51% | 22.14% |
| Others | 0% | 7.94% | 5.52% | 4.04% | 3.57% | 4.27% | 5.64% |
| No. of Shareholders | 7 | 449 | 770 | 920 | 975 | 1020 | 822 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 1 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 79.55 | Buy |
| EMA (10) | 82.76 | Buy |
| SMA (20) | 65.7 | Buy |
| EMA (20) | 72.51 | Buy |
| SMA (50) | 59.34 | Buy |
| EMA (50) | 64.4 | Buy |
| SMA (100) | 62.24 | Buy |
| EMA (100) | 63.73 | Buy |
| SMA (200) | 66.79 | Buy |
| EMA (200) | 65.84 | Buy |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 78.82 | Sell |
| MACD (12,26,9) | 10.68 | Buy |
| Stochastic (14,3,3) | 90.83 | Sell |
| ADX (14) | 43.03 | Buy |
| Williams %R (14) | -14.06 | Sell |
| ATR (14) | 4.78 | High Volatility |
| ROC (12) | 75.47 | Buy |
| Stoch RSI (14) | 80.18 | Sell |
| UO (7,14,28) | 80.45 | Sell |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 April 2026 - Pentagon Rubber clarifies IPO proceeds fully utilised and submits revised half-year FY26 financial results. | [Reply to Clarification- Financial results 9 April 2026 - Pentagon Rubber clarifies IPO proceeds fully utilised and submits revised half-year FY26 financial results.](https://nsearchives.nseindia.com/corporate/PENTAGON_11012026215107_Clarification_FS_AC.pdf) |
| 8 Jun - Re-submitted audited FY26 results after exchange sought legible copy; profit rose to 183.68 lakh. | [Updates 8 Jun - Re-submitted audited FY26 results after exchange sought legible copy; profit rose to 183.68 lakh.](https://nsearchives.nseindia.com/corporate/PENTAGON_08062026184013_Clarification_Financial_Result_310302026.pdf) |
| 5 Sep - Pentagon Rubber announces 22nd AGM on 28 September 2026 and remote e-voting details. | [Copy of Newspaper Publication 5 Sep - Pentagon Rubber announces 22nd AGM on 28 September 2026 and remote e-voting details.](https://nsearchives.nseindia.com/corporate/PENTAGON_05092026173453_Intimation_Newspaper_Advertisement.pdf) |
| 5 Sep - Pentagon Rubber AGM on 28 Sep 2026; book closure 22-28 Sep, voting cut-off 21 Sep. | [Record Date 5 Sep - Pentagon Rubber AGM on 28 Sep 2026; book closure 22-28 Sep, voting cut-off 21 Sep.](https://nsearchives.nseindia.com/corporate/PENTAGON_05092026174156_Intimation_Book_Closure.pdf) |
| 4 Sep - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 4 Sep - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=PENTAGON&tabIndex=sme) |
| 3 Sep - Pentagon Rubber Limited AGM scheduled for 28 September 2026 at 9:15 a.m. in Dera Bassi. | [Shareholders meeting 3 Sep - Pentagon Rubber Limited AGM scheduled for 28 September 2026 at 9:15 a.m. in Dera Bassi.](https://nsearchives.nseindia.com/corporate/PENTAGON_03092026174907_Intimation_AGM_Notice_2025_2026.pdf) |
| 3 Jun - Pentagon Rubber Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 3 Jun - Pentagon Rubber Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_sandeshc_20052026121104_38.pdf) |
| 28 April 2026 - Corporate governance report under Regulation 27(2) not applicable for quarter ended March 31, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 28 April 2026 - Corporate governance report under Regulation 27(2) not applicable for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/PENTAGON_28042026214841_Intimation_CG_Non_applicability_Pentagon.pdf) |
| 24 March 2026 - Trading window closed from 01-Apr-2026 until 48 hours after FY2026 results; board meeting date pending. | [Trading Window 24 March 2026 - Trading window closed from 01-Apr-2026 until 48 hours after FY2026 results; board meeting date pending.](https://nsearchives.nseindia.com/corporate/PENTAGON_24032026174758_Closure_of_trading_window_Pentagon_310326.pdf) |
| 24 January 2026 - Reconciliation of share capital audit for quarter ended 31-Dec-2025; issued/listed capital 77,10,000 shares. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 24 January 2026 - Reconciliation of share capital audit for quarter ended 31-Dec-2025; issued/listed capital 77,10,000 shares.](https://nsearchives.nseindia.com/corporate/PENTAGON_24012026124959_RECO_31122025.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31267_PENTAGON_2025_2026_A_77467756_03092026180457.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27814_PENTAGON_2024_2025_A_331752882_28082025161857.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26233_PENTAGON_2023_2024_12092024145432.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23330_PENTAGON_2022_2023_03092023120729_09032023130000.zip) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:26:51.836Z.