By BullScreen Editorial Team 
Lead Reclaim And Rubber Products Limited (LRRPL) reported a sharp rise in profitability in its Q4 results 2026 update, driven by strong margin expansion, lower energy costs, and a growing focus on high-value recycled rubber products.
The company posted full-year FY26 revenue from operations of ₹39.82 crore, up 27.96% from ₹31.12 crore in FY25. Net profit climbed 180.41% year-on-year to ₹4.09 crore, while EBITDA surged 130.27% to ₹8.52 crore. EBITDA margins improved significantly to 21.40% from 11.89% a year earlier, highlighting improved operational efficiency and better product mix.
For the second half of FY26, revenue declined 18.25% year-on-year to ₹17.92 crore. However, profitability remained strong as H2 EBITDA rose 146.75% to ₹5.70 crore and PAT increased 219.59% to ₹3.10 crore. Diluted EPS for FY26 stood at ₹4.73 compared to ₹1.89 in FY25.
The company said its expansion strategy is focused on higher-margin verticals including tyre pyrolysis oil, recovered carbon black, recycled EPDM rubber, and tyre crumbs. Manufacturing capacity has expanded 4.4 times from 960 MT per month to 4,200 MT per month following a ₹35.58 crore growth fundraise.
LRRPL also invested ₹4.2 crore in a 1.25 MW solar plant at its Kheda facility, helping reduce energy costs by nearly 85%. The company currently derives 94% of its revenue from the domestic market while exports contribute 6%.
Management has outlined an aggressive growth roadmap and expects revenue to scale to more than ₹180 crore by FY29, supported by rising demand for recycled rubber products and stricter recycling norms under India’s EPR framework.
| Metric | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹39.82 Cr | ₹31.12 Cr | +27.96% |
| EBITDA | ₹8.52 Cr | ₹3.70 Cr | +130.27% |
| Net Profit (PAT) | ₹4.09 Cr | ₹1.46 Cr | +180.41% |
| EBITDA Margin | 21.40% | 11.89% | +951 bps |
| Diluted EPS | ₹4.73 | ₹1.89 | Strong Growth |
| ROE | 18.49% | — | Improved |
| ROCE | 24.79% | — | Improved |
| Metric | Key Details |
|---|---|
| Total Production Capacity | Expanded 4.4x to 4,200 MT/month |
| Capacity Utilization | 44.81% |
| Asset Turnover | 3x |
| Domestic Revenue Share | 94% |
| Export Revenue Share | 6% |
| Solar Plant Investment | ₹4.20 Cr |
| Energy Cost Reduction | Around 85% |
| Growth Fundraise | ₹35.58 Cr |
| Metric | Key Benefit | Target Capacity |
|---|---|---|
| Tyre Pyrolysis Oil (TPO) | ₹10–15/L cheaper than furnace oil | 750 MT/month |
| Recovered Carbon Black (RCB) | 40–60% cheaper than virgin carbon black | 750 MT/month |
| Recycled EPDM Rubber | Around 70% cheaper than virgin EPDM | 900 MT/month |
| Tyre Crumbs | Up to 85% cheaper than virgin rubber | 1,800 MT/month |
Source: https://nsearchives.nseindia.com/corporate/LEAD_18052026105152_Intimation.pdf