RUBICON RESEARCH LIMITED

2026-08-21 NSE BSE Web L-ASM-I Result 14 Aug

Price

1,724.7

-2.04%
O:1774.7
H:1776
L:1701
C:1724.7

52W Range

570.751820.1
+202%/-5%

Market Cap

₹28,523.56 Cr

Traded: ₹47.41 Cr (0.17%) 0.0x

Free Float: ₹1,591.61 Cr (2.98% of FF traded)

Volume · 60D trend

2.75 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:+16% 3M:+27% 6M:+92% 12M:+171%

Valuation

P/E97.5
P/B22.1
P/S14.7
EV/EBIT713089072.2

Business Strength

ROE27.0%
ROCE28.4%
OPM22.8%
NPM14.1%

Growth (3Y CAGR)

EPS+71.8%
Sales+65.0%
Profit+155.0%
3Y Return--

Balance Sheet

Debt/Equity0.2
Debt259 Cr
Pledge0.0%
CWIP/Fixed Asset7.7%

Cash Position

CFO/NP--
FCF-23.9 Cr
FCF 3Y Avg32.5 Cr
Cash/MCap1.0%

Others

Div Yield0.1%
Div Payout10.0%
Cash Conv. Cycle371 days
Tradeable Free Float5.6%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 35.28 Cr
2.22% FF
60d high
₹ 35.28 Cr
60d low
₹ 15.31 Cr
60d mean
₹ 22.81 Cr
vs mean
▲ 54.63%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
--
+16.0%
+27.0%
--
--
Accelerating
Sales
--
+41.0%
+65.0%
--
+47.0%
Stable
Profit
--
+52.0%
+155.0%
--
+89.0%
Stable
Return
--
--
--
--
--
--

Quarterly Results

Jun 2026

14 Aug
Rev
534 Cr
+52% YoY--
OPM24.0%
NPM--
PAT
+96% YoY85 Cr
EPS
--5.1

Mar 2026

30 May
Rev
514 Cr
+43% YoY+8% QoQ
OPM23.0%
NPM15.0%
PAT
+112% YoY77 Cr
EPS
+98% YoY4.7

Dec 2025

3 Feb
Rev
476 Cr
+52% YoY+16% QoQ
OPM23.0%
NPM15.3%
PAT
+91% YoY73 Cr
EPS
+77% YoY4.4

Sep 2025

PDF
Rev
412 Cr
+39% YoY+17% QoQ
OPM23.0%
NPM13.1%
PAT
+56% YoY54 Cr
EPS
+54% YoY3.5

Jun 2025

Rev
352 Cr
---2% QoQ
OPM22.0%
NPM12.2%
PAT
--43 Cr
EPS
--2.8

Mar 2025

Rev
358 Cr
--+14% QoQ
OPM20.0%
NPM10.1%
PAT
--36 Cr
EPS
--2.4

Dec 2024

Rev
313 Cr
--+6% QoQ
OPM22.0%
NPM12.1%
PAT
--38 Cr
EPS
--2.5

Sep 2024

Rev
296 Cr
----
OPM21.0%
NPM11.5%
PAT
--34 Cr
EPS
--2.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity0.24
Interest Coverage2.2x
Promoter Pledge0.0%
Borrowings311 Cr

Efficiency

Receivable Days106 days
Inventory Days550 days
Payable Days285 days
Cash Conversion cycle371 days

Cash Position

Operating Cash Flow205 Cr
Investing Cash Flow-407 Cr
Financing Cash Flow283 Cr
Free Cash Flow-24 Cr

Detailed Financials

Jun 2026PDF ↗
Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Sales534514476412352358313296
Expenses405395367318273286244234
Operating Profit1291191089479727062
OPM %24.0%23.0%23.0%23.0%22.0%20.0%22.0%21.0%
Other Income63411003
Interest9101011111287
Depreciation15121212101098
Profit Before Tax11099917260515349
Tax %23.0%22.0%20.0%25.0%27.0%29.0%28.0%30.0%
Net Profit8577735443363834
Exceptional Items----------------
EPS (Rs)5.14.74.43.52.82.42.52.3
Sales Growth (YoY)52.0%43.0%52.0%39.0%--------
Sales Growth (QoQ)--8.0%15.5%17.1%-1.7%14.4%5.7%--
OP Growth (YoY)63.3%65.3%54.3%51.6%--------
OP Growth (QoQ)8.4%10.2%14.9%19.0%9.7%2.9%12.9%--
Profit Growth (YoY)96.0%112.0%91.0%56.0%--------
EPS Growth (YoY)--98.3%76.8%53.7%--------
EPS Growth (QoQ)--5.4%26.6%24.2%19.6%-6.0%10.1%--
OP Margin--23.1%22.7%22.8%22.4%20.1%22.4%20.9%
Net Margin--15.0%15.3%13.1%12.2%10.1%12.1%11.5%
Material Cost %31.6%32.9%33.1%30.7%29.2%31.2%31.5%26.7%
Employee Cost %16.0%13.3%14.0%15.4%16.5%15.8%17.2%17.3%
P/S14.7315.2710.67----------
P/E97.50105.2776.07----------
P/B22.1320.7725.61----------

Shareholding Pattern

Shareholders:43.3K (+35.5%)
Current MixJun 2026

Exchange Filings

50
Company Update19 Aug 2026

Trascript of Earnings Call Q1 FY 2026-27

Company Update15 Aug 2026

Newspaper Publication

Company Update14 Aug 2026

Audio Recording of earnings conference call for the quarter ended 30th June, 2026

Company Update14 Aug 2026

Monitoring Agency Report for the Quarter ended June 30, 2026.

Company Update14 Aug 2026

Disclosure under Regulation 30 (SEBI LODR) Outcome of Board Meeting

Company Update14 Aug 2026

Investor Presentation

Board Meeting14 Aug 2026

Unaudited Financials Results for Quarter ended June 30, 2026

Others13 Aug 2026

Corrigendum to the Integrated Annual Report for the financial year 2025-26

Others11 Aug 2026

Notice of 27th Annual General Meeting along with the Intergrated Annual report for FY 2025-26.

Company Update07 Aug 2026

Earnings Conference Call

Board Meeting07 Aug 2026

Rubicon Research Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve The Un-Audited Standalone ....

Others03 Aug 2026

Business Responsibility and Sustainabilty Report for the Financial Year 2025-26

AGM/EGM03 Aug 2026

Notice of 27th Annual General Meeting along with Integrated Annual Report of the Company for the financial year 2025-26 and Letter for weblink to access Notice and the Integrated Annual Report

Company Update22 Jul 2026

Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015 (''SEBI Listing Regulations'') - Acquisition of a Manufacturing Facility in USA.

Company Update22 Jul 2026

Filing of Scheme of Merger of KIA Health Tech Private Limited (WOS) with Rubicon Research Limited - for disclosure purposes only, in terms of the Exemption under Para 4 of SEBI Master Circular ....

Company Update22 Jul 2026

Filing of Scheme of Merger of KIA Health Tech Pvt Ltd (WOS) with Rubicon Research Limited - for Disclosure Purposes Only, in terms of the Exemption under Para 4 of SEBI Master circular ....

Corp. Action20 Jul 2026

Date of 27th AGM and Record date for payment of final dividend.

Company Update09 Jul 2026

Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended June 30, 2026

Company Update03 Jul 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - US FDA inspection of Company''s manufacturing facility in Pithampur, Madhya Pradesh.

Insider Trading / SAST29 Jun 2026

Intimation of Closure of Trading Window

Company Update02 Jun 2026

Earning Call Transcript

Company Update30 May 2026

Rubicon Newspaper Publication under reg 30

Company Update30 May 2026

Earnings Call Audio Recording

Company Update29 May 2026

Statement on Deviation/variation of Funds and further extension of timeline for utilization of IPO Proceeds.

Company Update29 May 2026

Annual Secretarial Compliance Report for year ended March 31, 2026

Company Update29 May 2026

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 (SEBI Listing Regulations)

Corp. Action29 May 2026

Board recommends dividend for year ended March 31, 2026

Result29 May 2026

Outcome of the Board Meeting - Financial Results

Company Update29 May 2026

The Board of Directors at its Meeting held on 29 May 2026, approved and recommended the formulation and adoption of New Employee Benefit Plan

Company Update29 May 2026

Investor Presentation

Board Meeting29 May 2026

Audited Financial Results for the quarter and year ended March 31, 2026, and recommendation of Dividend

Company Update25 May 2026

Earnings Conference Call

Board Meeting22 May 2026

Rubicon Research Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Intimation of Board Meeting

Company Update15 May 2026

Monitoring Agency Report for Quarter Ended March 31, 2026

Company Update30 Apr 2026

Intimation under Reg 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations) - Completion of Acquisition of securities in Arinna Lifesciences ....

Others27 Apr 2026

<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....

Company Update24 Apr 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -Outcome of USFDA inspection at the Company''s R&D facility in Canada.

Company Update24 Apr 2026

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -Outcome of USFDA inspection at the Company''s R&D facility in Canada.

Company Update22 Apr 2026

Intimation under regulation 30 read with Schedule III of the SEBI (Listing Obligation and Disclosure requirements) Regulations 2015 (Listing Regulations)

Company Update15 Apr 2026

Rubicon Research Limited Corporate Announcement for Acquisition

Company Update15 Apr 2026

Press Release

Company Update13 Apr 2026

Attached is the Compliance Certificate under Reg 74(5) of SEBI (DP) Regulations, 2018.

Insider Trading / SAST31 Mar 2026

Closure of Trading Window

Company Update31 Mar 2026

Allotment of Equity shares pursuant to exercise of ESOPs

AGM/EGM16 Mar 2026

Outcome of Postal Ballot

AGM/EGM16 Mar 2026

Scrutinizer''s Report

Company Update16 Feb 2026

Newspaper Publication - Notice of Postal Ballot

Company Update06 Feb 2026

Earnings Call - Q3 FY 2025-26

Company Update05 Feb 2026

Newspaper Publication - Financial Results

Board Meeting03 Feb 2026

Outcome of the Board Meeting held on Tuesday, February 03, 2026

Annual Reports

1

2026

Credit Ratings

2
fitchRating update
16 Jul 2025Report
fitchRating update
17 Apr 2024Report

Concalls

2

Feb 2026

28 Feb 2026

Nov 2025

30 Nov 2025

Held by ETFs

2 ETFs hold RUBICON · sorted by weight

#ETFWeight %
1

AONETOTAL

AONEAMC - AONETOTAL

0.02%
2

MOHEALTH

MOTILALAMC - MOHEALTH

0.29%

Held by Mutual Funds

24 schemes hold RUBICON · sorted by weight

#SchemeWeight %
1

Motilal Oswal Small Cap Fund

Motilal Oswal Mutual Fund

4.41%
2

Motilal Oswal Focused Fund

Motilal Oswal Mutual Fund

3.26%
3

PGIM India Healthcare Fund

PGIM India Mutual Fund

3.99%
4

Kotak Manufacture in India Fund

Kotak Mahindra Mutual Fund

3.05%
5

Canara Robeco Manufacturing Fund

Canara Robeco Mutual Fund

2.65%
6

HDFC Innovation Fund

HDFC Mutual Fund

2.50%
7

Edelweiss Recently Listed IPO Fund

Edelweiss Mutual Fund

2.60%
8

PGIM India Retirement Fund

PGIM India Mutual Fund

1.22%
9

HDFC Pharma And Healthcare Fund

HDFC Mutual Fund

1.70%
10

Kotak Healthcare Fund

Kotak Mahindra Mutual Fund

1.80%
11

ICICI Prudential Exports and Services Fund

ICICI Prudential Mutual Fund

1.22%
12

PGIM India Multi Cap Fund

PGIM India Mutual Fund

1.14%
13

PGIM India ELSS Tax Saver Fund

PGIM India Mutual Fund

0.90%
14

PGIM India Large and Mid Cap Fund

PGIM India Mutual Fund

0.82%
15

Kotak Midcap Fund

Kotak Mahindra Mutual Fund

0.78%
16

PGIM India Multi Asset Allocation Fund

PGIM India Mutual Fund

0.60%
17

iSIF Hybrid Long-Short Fund

ICICI Prudential Mutual Fund

0.52%
18

PGIM India Flexi Cap Fund

PGIM India Mutual Fund

0.51%
19

ICICI Prudential Long Term Wealth Enhancement Fund

ICICI Prudential Mutual Fund

0.49%
20

Bandhan BSE Healthcare Index Fund

Bandhan Mutual Fund

0.28%
21

Motilal Oswal Nifty Microcap 250 Index Fund

Motilal Oswal Mutual Fund

0.48%
22

Motilal Oswal BSE 1000 Index Fund

Motilal Oswal Mutual Fund

0.02%
23

Groww Nifty Total Market Index Fund

Groww Mutual Fund

0.02%
24

Bandhan Nifty Total Market Index Fund

Bandhan Mutual Fund

0.02%