---
title: "Dunlop India Ltd (DUNLOP) — Share Price, Financials & Analysis"
symbol: "DUNLOP"
company: "Dunlop India Ltd"
canonical: "https://tapetide.com/stocks/DUNLOP"
sector: "Consumer Discretionary"
industry: "Auto Components"
generated_at: "2026-09-13T19:39:30.788Z"
---

# Dunlop India Ltd (DUNLOP)

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

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** dunlop.co.in

## About

Dunlop India Ltd is an India-based company, which is engaged in manufacturing/trading of rubber products, such as automotive tyres, tubes and conveyor belting.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.19 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -2.00% over last 3 years.
- Company might be capitalizing the interest cost

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 4 | 0 | 0 | 0 |
| Operating Profit | 0 | 0 | -1 | -1 | 0 | 0 | -1 | 0 | -4 | 0 | 0 | 0 |
| Other Income | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 39 | 10 | 10 | 10 |
| Profit before tax | -3 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -40 | -10 | -10 | -10 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -3 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -40 | -10 | -10 | -10 |
| EPS in Rs | -0.23 | -0.05 | -0.09 | -0.1 | -0.05 | -0.07 | -0.07 | -0.07 | -3.29 | -0.84 | -0.84 | -0.83 |

### Profit & Loss

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 114 | 175 | 175 | 172 | 20 | 0 | 0 | 0 | 0 |
| Expenses | 505 | 111 | 172 | 174 | 163 | 21 | 2 | 2 | 6 | 5 |
| Operating Profit | -505 | 3 | 3 | 0 | 8 | -1 | -2 | -2 | -6 | -5 |
| OPM % | — | 2.3 | 1.7 | 0.3 | 4.9 | -4.5 | — | — | — | — |
| Other Income | 988 | 4 | 7 | 5 | 1 | 0 | -1 | 0 | 3 | 3 |
| Interest | 3 | 0 | 7 | 3 | 6 | 9 | 4 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 40 | 69 |
| Profit before tax | 479 | 5 | 1 | 1 | 2 | -11 | -9 | -4 | -43 | -71 |
| Tax % | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | 489 | 5 | 1 | 1 | 2 | -11 | -9 | -4 | -43 | -71 |
| EPS in Rs | 67.91 | 0.68 | 0.19 | 0.18 | 0.28 | -1.59 | -0.73 | -0.3 | -3.5 | -5.8 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Sep 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 45 | 72 | 72 | 72 | 72 | 72 | 122 | 122 | 122 | 122 |
| Reserves | 1294 | 1241 | 1068 | 1063 | 1026 | 977 | 948 | 612 | 570 | 549 |
| Borrowings | 273 | 164 | 202 | 274 | 307 | 332 | 279 | 277 | 277 | 277 |
| Other Liabilities | 42 | 88 | 80 | 51 | 84 | 93 | 88 | 91 | 94 | 95 |
| Total Liabilities | 1654 | 1566 | 1423 | 1460 | 1489 | 1474 | 1437 | 1103 | 1063 | 1043 |
| Fixed Assets | 1122 | 1273 | 1235 | 1196 | 1277 | 1237 | 1198 | 865 | 824 | 804 |
| CWIP | 92 | 1 | 35 | 81 | 54 | 71 | 74 | 74 | 74 | 74 |
| Investments | 320 | 144 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 120 | 148 | 152 | 183 | 158 | 166 | 165 | 164 | 164 | 164 |
| Total Assets | 1654 | 1566 | 1423 | 1460 | 1489 | 1474 | 1437 | 1103 | 1063 | 1043 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -52 | -11 | -21 | -39 | -22 | 23 | -3 | 5 | 0 | 0 |
| Cash from Investing Activity | 5 | -57 | 78 | 2 | -46 | -93 | -17 | -3 | 0 | 0 |
| Cash from Financing Activity | 45 | 68 | -56 | 36 | 70 | 67 | 20 | -2 | 0 | 0 |
| Net Cash Flow | -3 | 0 | 1 | -1 | 2 | -2 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -52 | 249 | -119 | -75 | -68 | -70 | -21 | 2 | 0 | 0 |
| CFO/OP | 46 | 2 | -800 | -1338 | -4328 | 277 | 391 | -232 | -18 | 1 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | -782 | 99 | 118 | 33 | 1 | 6 | — | — | — |
| Inventory Days | — | -49588 | 55 | 25 | 89 | 115 | 1511 | — | — | — |
| Days Payable | — | — | 137 | 122 | 51 | 14 | 70 | — | — | — |
| Cash Conversion Cycle | — | -50370 | 17 | 20 | 72 | 102 | 1447 | — | — | — |
| Working Capital Days | — | -96099 | -59 | 11 | 68 | -53 | -1752 | — | — | — |
| ROCE % | — | -2 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | -4 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 90.02 | Sell |
| EMA (10) | 88.23 | Sell |
| SMA (20) | 102.3 | Sell |
| EMA (20) | 97.7 | Sell |
| SMA (50) | 115.33 | Sell |
| EMA (50) | 113.59 | Sell |
| SMA (100) | 135.41 | Sell |
| EMA (100) | 128.78 | Sell |
| SMA (200) | 151.04 | Sell |
| EMA (200) | 142.01 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 30.24 | Neutral |
| MACD (12,26,9) | -11.28 | Sell |
| Stochastic (14,3,3) | 7.03 | Buy |
| ADX (14) | 24.76 | Neutral |
| Williams %R (14) | -94.46 | Buy |
| ATR (14) | 8.44 | High Volatility |
| ROC (12) | -26.77 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 33.41 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport//5091300315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport//5091300314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5091300313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport//5091300312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport//5091300311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport//5091300310.pdf) |

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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 2026-09-13T19:39:30.788Z.
