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Elgi Rubber Company Ltd

ELGIRUBCO

NSE

₹53.40-1.86%19 Oct 2026

Reports

Rubber Processing and Rubber Products

Elgi Rubber Company Ltd

ELGIRUBCO

NSE

₹53.40

-1.86%

19 Oct 2026

SOICxStockScans Reports

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Rubber Processing and Rubber Products

Indices

Business Overview: What the company does, in plain English.Growth Catalysts: The forward growth drivers and triggers.

Elgi Rubber is a specialist that makes the materials and machines fleet operators need to retread worn tyres instead of buying new ones - a business built on squeezing more miles out of rubber. Incorporated in 2006 as an aviation-tyre company and renamed in 2011, it has since pivoted entirely to the commercial-vehicle retreading ecosystem, operating six factories across Tamil Nadu and Kerala and reaching customers through more than 170 franchise workshops. The recurring idea that explains the company is a full-stack approach: it manufactures the reclaimed rubber, the pre-cured tread strips, the bonding gum and the curing machinery itself, so a retreader can source everything from one supplier. That integrated model is now being reshaped by a deliberate exit from loss-making European operations, including the initiation and filing of a voluntary liquidation application for its Dutch recycling subsidiary in January 2026, as management concentrates the business around its profitable Indian manufacturing base.

Business segments

A single engine with three tightly linked parts - materials, machines and franchise services - that together supply the tyre-retreading industry, now being simplified by shedding overseas assets.

1. Retreading materials: the consumables that make old tyres run again

The company manufactures the rubber compounds - reclaimed rubber, pre-cured tread and bonding gum - that retreaders buy repeatedly, turning a worn casing into a serviceable tyre.

Reclaimed rubber from whole tyres - the Sriperumbudur plant runs a state-of-the-art Whole Tyre Reclaim process that turns scrap tyres into reusable raw material, feeding both the company's own tread production and outside buyers. The factory was not at full capacity during FY25 because of process modifications for environmental controls, but it represents a structural cost advantage: reclaiming rubber is cheaper than buying virgin natural or synthetic rubber.
Pre-cured tread rubber is the core consumable - fleet operators retread a casing multiple times over its life, and each retreading cycle consumes fresh tread rubber and bonding gum, creating recurring demand that is tied to kilometres driven rather than new-vehicle sales. The company sells these consumables to its own franchise network and to independent retreaders, with no single customer exceeding 10% of revenue.
Raw-material exposure is managed, not avoided - natural rubber makes up 25-33% of raw-material cost and carbon black another 15-25%, so the business is sensitive to commodity prices and oil-linked feedstocks. Management's answer is a purchasing discipline that plans ahead and, where possible, passes price increases through to the market.
Radialisation helps organised players - radial tyres deliver at least 50% more mileage than bias tyres, which shrinks the replacement-tyre market but raises the technical bar for retreading; that sophistication favours a company with in-house R&D and a full consumables range over small, unorganised retreaders.

2. Retreading machinery and tools: selling the factory that applies the materials

The company builds the curing chambers, envelope systems and tooling that retreaders use to bond new tread onto old casings - so it equips its own franchisees and competing workshops alike.

Machines and consumables are sold as a system - the product catalogue spans retreading machinery, tools and curing systems alongside the rubber consumables, which means a new retread shop can be set up with a single supplier. This creates a natural pull-through: a machine buyer becomes a recurring tread-rubber customer.
Capacity was added where demand is growing - the Annur plant in Coimbatore district installed additional envelope-making machinery, lifting capacity by 2,000 envelopes from a base of 5,600 units that was already running at 78% utilisation; commercial production began in February 2024. Envelopes are the consumable sleeves used inside the curing chamber, so the expansion signals rising retreading volumes in the company's home market.
R&D is modest but focused - the company spent Rs.4.27 million on research and development in FY22, directed at improving the materials and processes that sit at the intersection of its machinery and consumables businesses.

3. Franchise retreading services: a distributed factory network that pays for itself

Over 170 branded franchise workshops retread tyres using the company's materials and machines, generating almost half of domestic revenue while keeping the company asset-light at the point of service.

Franchisees are the last mile to fleet operators - commercial fleet owners need retreading done close to their depots and on quick turnaround; the franchise network provides that local presence without the company having to own and staff workshops itself. The franchises contribute roughly 50% of domestic revenue and about 25% of consolidated revenue, making them the single largest sales channel.
The model locks in materials demand - a franchisee that has invested in Elgi's curing machinery and been trained on its processes is unlikely to switch to a competitor's tread rubber, so each new franchise adds a stream of recurring consumable sales. The company supports this with job training, seminars and managerial programmes that build technical expertise among franchise staff.
Customer concentration is low - the top five customers together accounted for only 15.2% of consolidated revenue in FY22, and no single customer crossed 10% in FY24 or FY25, so the business is not dependent on any one fleet or retreader.
A deliberate exit from unviable state business - the company stopped supplying Tamil Nadu State Transport Undertakings during FY24, choosing not to bid on their tender because the terms and conditions were unviable, which shows a willingness to walk away from low-margin volume.

Group structure and partners

A web of seven wholly-owned overseas subsidiaries is being unwound, with the Dutch recycling unit in liquidation and non-core land being sold to refocus the company on its profitable Indian manufacturing core.

The Dutch subsidiary is being wound down - Rubber Resources B.V., a step-down subsidiary in the Netherlands held through Elgi Rubber Company Holdings B.V., voluntarily filed for liquidation/bankruptcy subsequent to 31 December 2025, and the company fully impaired its investment and loans to that unit in the quarter ended December 2025. The board had earlier approved the sale or disposal of the entire Dutch holding structure, targeting completion by end-2026.
Other overseas units are being supported, not abandoned - wholly-owned subsidiaries in the USA, Brazil and Sri Lanka remain operational, and the board has repeatedly extended loan repayment tenures and reversed interest charges to reduce their financial burden. The US subsidiary sold its Texas land and building in 2024, and the Brazilian unit sold its Lorena property the same year, suggesting a pattern of shedding non-operating assets.
Non-core Indian land is being monetised - the company’s board approved the sale of its Trichy Road, Coimbatore property (7.24 acres) in February 2026, disposed of Neelambur Village land in January 2024, and sold part of a Kanyakumari plot in August 2025. These sales convert idle real estate into cash while the core manufacturing sites in Tamil Nadu and Kerala remain untouched.
Related-party ties run through the promoter group - director Jairam Varadaraj is also managing director of Elgi Equipments Limited, the air-compressor maker, and the company holds a quoted equity stake in that entity alongside transactions with LRG Technologies Limited and several other promoter-affiliated firms.

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Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

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Quarterly Results

Profit & Loss

Balance Sheet

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Ratios

Peer Comparison

Price

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Mkt Cap

Market Capitalization

₹266Cr

Close Price

₹53.13

Industry

Rubber Processing and Rubber Products

Price To Earnings

—

Price To Sales

0.76

Revenue

₹351Cr

Rev Gr TTM

Revenue Growth TTM

-5.89%

PAT Gr TTM

PAT Growth TTM

-656.42%

Consolidated

Standalone

Numbers

Percentage

Quarter	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue RevenueCr	101	95	95	97	99	91	97	86	94	100	86	70
Growth YoY Revenue Growth YoY%	4.6	-8.7	-1.3	1.3	-2.6	-3.4	2.2	-11.3	-4.3	9.4	-11.2	-18.1
Expenses ExpensesCr	89	90	93	92	93	81	112	84	93	124	128	67
Operating Profit Operating ProfitCr	13	5	2	5	6	10	-15	2	2	-24	-41	3
OPM OPM%	12.3	4.8	2.1	5.0	6.2	11.1	-15.0	1.9	1.8	-23.5	-48.0	3.7
Other Income Other IncomeCr	9	6	8	27	-1	-2	8	9	3	5	-147	53
Interest Expense Interest ExpenseCr	6	7	6	7	3	7	8	7	7	12	7	8
Depreciation DepreciationCr	5	6	4	4	7	4	3	4	4	4	6	3
PBT PBTCr	12	-2	-1	20	-5	-3	-18	0	-6	-35	-201	44
Tax TaxCr	2	0	1	0	0	1	-1	2	0	-6	4	4
PAT PATCr	10	-2	-2	20	-4	-4	-17	-2	-6	-29	-204	41
Growth YoY PAT Growth YoY%	81.0	-111.3	89.4	300.0	-140.4	-82.3	-901.2	-107.5	-45.5	-719.1	-1,098.9	2,805.3
NPM NPM%	10.1	-2.0	-1.8	21.0	-4.2	-3.8	-17.5	-1.8	-6.4	-28.6	-236.3	58.3
EPS EPS₹	2.0	-0.4	-0.3	4.0	-0.8	-0.7	-3.4	-0.3	-1.2	-5.7	-40.8	8.2

Quarter	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue RevenueCr	101	95	95	97	99	91	97	86	94	100	86	70
Growth YoY Revenue Growth YoY%	4.6	-8.7	-1.3	1.3	-2.6	-3.4	2.2	-11.3	-4.3	9.4	-11.2	-18.1
Expenses ExpensesCr	89	90	93	92	93	81	112	84	93	124	128	67
Operating Profit Operating ProfitCr	13	5	2	5	6	10	-15	2	2	-24	-41	3
OPM OPM%	12.3	4.8	2.1	5.0	6.2	11.1	-15.0	1.9	1.8	-23.5	-48.0	3.7
Other Income Other IncomeCr	9	6	8	27	-1	-2	8	9	3	5	-147	53
Interest Expense Interest ExpenseCr	6	7	6	7	3	7	8	7	7	12	7	8
Depreciation DepreciationCr	5	6	4	4	7	4	3	4	4	4	6	3
PBT PBTCr	12	-2	-1	20	-5	-3	-18	0	-6	-35	-201	44
Tax TaxCr	2	0	1	0	0	1	-1	2	0	-6	4	4
PAT PATCr	10	-2	-2	20	-4	-4	-17	-2	-6	-29	-204	41
Growth YoY PAT Growth YoY%	81.0	-111.3	89.4	300.0	-140.4	-82.3	-901.2	-107.5	-45.5	-719.1	-1,098.9	2,805.3
NPM NPM%	10.1	-2.0	-1.8	21.0	-4.2	-3.8	-17.5	-1.8	-6.4	-28.6	-236.3	58.3
EPS EPS₹	2.0	-0.4	-0.3	4.0	-0.8	-0.7	-3.4	-0.3	-1.2	-5.7	-40.8	8.2

Consolidated

Standalone

Numbers

Percentage

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue RevenueCr	362	375	377	410	368	343	390	395	386	384	367	351
Growth Revenue Growth%	-17.6	3.5	0.6	8.6	-10.1	-6.8	13.5	1.3	-2.0	-0.7	-4.5	-5.9
Expenses ExpensesCr	348	354	359	399	371	323	384	378	362	377	428	412
Operating Profit Operating ProfitCr	15	21	18	11	-2	20	5	17	25	7	-62	-61
OPM OPM%	4.0	5.6	4.7	2.7	-0.6	5.7	1.4	4.3	6.4	1.7	-16.8	-17.3
Other Income Other IncomeCr	10	11	12	9	24	16	13	33	33	33	-130	-86
Interest Expense Interest ExpenseCr	15	15	17	18	19	16	16	23	25	26	32	33
Depreciation DepreciationCr	21	18	18	18	17	17	18	16	19	18	18	17
PBT PBTCr	-11	-2	-5	-16	-15	3	-16	10	14	-5	-241	-197
Tax TaxCr	1	2	1	0	1	2	1	3	2	0	-1	1
PAT PATCr	-11	-4	-6	-16	-15	1	-16	7	12	-4	-240	-198
Growth PAT Growth%	48.8	64.8	-40.2	-185.4	5.7	107.1	-1,615.5	141.3	72.8	-137.4	-5,410.1	-656.4
NPM NPM%	-3.2	-1.1	-1.5	-3.9	-4.1	0.3	-4.2	1.7	3.0	-1.1	-65.5	-56.4
EPS EPS₹	-2.3	-0.8	-1.1	-3.2	-3.0	0.2	-3.3	1.4	2.3	-0.9	-48.0	-39.5

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue RevenueCr	362	375	377	410	368	343	390	395	386	384	367	351
Growth Revenue Growth%	-17.6	3.5	0.6	8.6	-10.1	-6.8	13.5	1.3	-2.0	-0.7	-4.5	-5.9
Expenses ExpensesCr	348	354	359	399	371	323	384	378	362	377	428	412
Operating Profit Operating ProfitCr	15	21	18	11	-2	20	5	17	25	7	-62	-61
OPM OPM%	4.0	5.6	4.7	2.7	-0.6	5.7	1.4	4.3	6.4	1.7	-16.8	-17.3
Other Income Other IncomeCr	10	11	12	9	24	16	13	33	33	33	-130	-86
Interest Expense Interest ExpenseCr	15	15	17	18	19	16	16	23	25	26	32	33
Depreciation DepreciationCr	21	18	18	18	17	17	18	16	19	18	18	17
PBT PBTCr	-11	-2	-5	-16	-15	3	-16	10	14	-5	-241	-197
Tax TaxCr	1	2	1	0	1	2	1	3	2	0	-1	1
PAT PATCr	-11	-4	-6	-16	-15	1	-16	7	12	-4	-240	-198
Growth PAT Growth%	48.8	64.8	-40.2	-185.4	5.7	107.1	-1,615.5	141.3	72.8	-137.4	-5,410.1	-656.4
NPM NPM%	-3.2	-1.1	-1.5	-3.9	-4.1	0.3	-4.2	1.7	3.0	-1.1	-65.5	-56.4
EPS EPS₹	-2.3	-0.8	-1.1	-3.2	-3.0	0.2	-3.3	1.4	2.3	-0.9	-48.0	-39.5

Consolidated

Standalone

Numbers

Percentage

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital Equity CapitalCr	5	5	5	5	5	5	5	5	5	5	5
Reserves ReservesCr	257	244	234	218	181	178	166	179	185	174	71
Current Liabilities Current LiabilitiesCr	197	205	245	240	239	234	265	273	273	256	266
Non Current Liabilities Non Current LiabilitiesCr	109	102	104	109	100	77	64	76	103	85	92
Total Liabilities Total LiabilitiesCr	568	556	588	572	525	494	500	533	566	520	434
Current Assets Current AssetsCr	210	240	248	255	238	217	218	213	224	280	215
Non Current Assets Non Current AssetsCr	358	316	340	317	288	278	282	320	342	240	219
Total Assets Total AssetsCr	568	556	588	572	525	494	500	533	566	520	434

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital Equity CapitalCr	5	5	5	5	5	5	5	5	5	5	5
Reserves ReservesCr	257	244	234	218	181	178	166	179	185	174	71
Current Liabilities Current LiabilitiesCr	197	205	245	240	239	234	265	273	273	256	266
Non Current Liabilities Non Current LiabilitiesCr	109	102	104	109	100	77	64	76	103	85	92
Total Liabilities Total LiabilitiesCr	568	556	588	572	525	494	500	533	566	520	434
Current Assets Current AssetsCr	210	240	248	255	238	217	218	213	224	280	215
Non Current Assets Non Current AssetsCr	358	316	340	317	288	278	282	320	342	240	219
Total Assets Total AssetsCr	568	556	588	572	525	494	500	533	566	520	434

Consolidated

Standalone

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	82	-6	7	33	37	49	16	27	6	-8	-11
Investing Cash Flow Investing Cash FlowCr	-83	-1	-21	2	16	2	-9	-29	-16	77	-6
Financing Cash Flow Financing Cash FlowCr	-14	4	13	-37	-54	-47	-12	2	10	-62	11
Net Cash Flow Net Cash FlowCr	-15	-4	0	-1	-1	5	-6	0	0	7	-6
Free Cash Flow Free Cash FlowCr	41	-15	-17	33	46	50	4	-5	-8	75	-14
CFO To PAT CFO To PAT%	-713.0	158.4	-130.4	-207.8	-241.0	4,562.7	-96.6	396.7	51.6	185.5	4.8
CFO To EBITDA CFO To EBITDA%	559.8	-30.3	41.3	303.6	-1,555.6	249.9	289.7	159.8	24.2	-124.5	18.6

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow Operating Cash FlowCr	82	-6	7	33	37	49	16	27	6	-8	-11
Investing Cash Flow Investing Cash FlowCr	-83	-1	-21	2	16	2	-9	-29	-16	77	-6
Financing Cash Flow Financing Cash FlowCr	-14	4	13	-37	-54	-47	-12	2	10	-62	11
Net Cash Flow Net Cash FlowCr	-15	-4	0	-1	-1	5	-6	0	0	7	-6
Free Cash Flow Free Cash FlowCr	41	-15	-17	33	46	50	4	-5	-8	75	-14
CFO To PAT CFO To PAT%	-713.0	158.4	-130.4	-207.8	-241.0	4,562.7	-96.6	396.7	51.6	185.5	4.8
CFO To EBITDA CFO To EBITDA%	559.8	-30.3	41.3	303.6	-1,555.6	249.9	289.7	159.8	24.2	-124.5	18.6

Consolidated

Standalone

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Current
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr	127	272	214	120	56	133	198	147	243	332	168	266
Price To Earnings Price To Earnings						120.9		21.7	20.9
Price To Sales Price To Sales	0.3	0.7	0.6	0.3	0.1	0.4	0.5	0.4	0.6	0.9	0.5	0.8
Price To Book Price To Book	0.5	1.1	0.9	0.5	0.3	0.7	1.1	0.8	1.3	1.9	2.2	3.5
EV To EBITDA EV To EBITDA	23.5	23.1	26.0	31.8	-118.4	17.5	77.2	23.6	21.1	86.5	-7.3	-9.2
Profitability Ratios Profitability Ratios
GPM GPM%	41.4	41.9	38.8	36.2	39.6	38.6	31.4	34.7	33.9	34.6	27.9	27.9
OPM OPM%	4.0	5.6	4.7	2.7	-0.6	5.7	1.4	4.3	6.4	1.7	-16.8	-17.3
NPM NPM%	-3.2	-1.1	-1.5	-3.9	-4.1	0.3	-4.2	1.7	3.0	-1.1	-65.5	-56.4
ROCE ROCE%	0.8	2.8	2.4	0.3	1.1	4.4	0.0	7.3	7.9	4.7	-53.8	-53.8
ROE ROE%	-4.4	-1.6	-2.4	-7.2	-8.2	0.6	-9.5	3.7	6.2	-2.4	-317.4	-317.4
ROA ROA%	-2.0	-0.7	-1.0	-2.8	-2.9	0.2	-3.3	1.3	2.1	-0.8	-55.4	-55.4
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

Financial Year	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Current
Valuation Ratios Valuation Ratios
Market Cap Market CapitalizationCr	127	272	214	120	56	133	198	147	243	332	168	266
Price To Earnings Price To Earnings						120.9		21.7	20.9
Price To Sales Price To Sales	0.3	0.7	0.6	0.3	0.1	0.4	0.5	0.4	0.6	0.9	0.5	0.8
Price To Book Price To Book	0.5	1.1	0.9	0.5	0.3	0.7	1.1	0.8	1.3	1.9	2.2	3.5
EV To EBITDA EV To EBITDA	23.5	23.1	26.0	31.8	-118.4	17.5	77.2	23.6	21.1	86.5	-7.3	-9.2
Profitability Ratios Profitability Ratios
GPM GPM%	41.4	41.9	38.8	36.2	39.6	38.6	31.4	34.7	33.9	34.6	27.9	27.9
OPM OPM%	4.0	5.6	4.7	2.7	-0.6	5.7	1.4	4.3	6.4	1.7	-16.8	-17.3
NPM NPM%	-3.2	-1.1	-1.5	-3.9	-4.1	0.3	-4.2	1.7	3.0	-1.1	-65.5	-56.4
ROCE ROCE%	0.8	2.8	2.4	0.3	1.1	4.4	0.0	7.3	7.9	4.7	-53.8	-53.8
ROE ROE%	-4.4	-1.6	-2.4	-7.2	-8.2	0.6	-9.5	3.7	6.2	-2.4	-317.4	-317.4
ROA ROA%	-2.0	-0.7	-1.0	-2.8	-2.9	0.2	-3.3	1.3	2.1	-0.8	-55.4	-55.4
Operational Ratios Operational Ratios
Solvency Ratios Solvency Ratios
Liquidity Ratios Liquidity Ratios

	PIXTRANS	TINNARUBR	GRPLTD	HARRMALAYA	INDAG	ELGIRUBCO	VIKASECO
Market CapitalizationMkt CapCr	2,448	1,621	960	307	266	266	177
Close PriceClose₹	1,796.80	900.00	1,800.10	166.30	101.50	53.13	1.00
IndustryIndustry	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products
Price To EarningsPE	18.58	25.87	169.34	11.32	19.41		100.00
Price To SalesPS	4.01	2.84	1.69	0.56	1.11	0.76	0.48
RevenueRevenueCr	610	572	568	548	240	351	369
Revenue Growth TTMRev Gr TTM%	4.3%	14.4%	3.7%	2.8%	10.0%	-5.9%	-3.0%
PAT Growth TTMPAT Gr TTM%	16.3%	41.1%	-79.8%	2.4%	163.2%	-656.4%	-69.1%

	PIXTRANS	TINNARUBR	GRPLTD	HARRMALAYA	INDAG	ELGIRUBCO	VIKASECO
Market CapitalizationMkt CapCr	2,448	1,621	960	307	266	266	177
Close PriceClose₹	1,796.80	900.00	1,800.10	166.30	101.50	53.13	1.00
IndustryIndustry	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products	Rubber Processing and Rubber Products
Price To EarningsPE	18.58	25.87	169.34	11.32	19.41		100.00
Price To SalesPS	4.01	2.84	1.69	0.56	1.11	0.76	0.48
RevenueRevenueCr	610	572	568	548	240	351	369
Revenue Growth TTMRev Gr TTM%	4.3%	14.4%	3.7%	2.8%	10.0%	-5.9%	-3.0%
PAT Growth TTMPAT Gr TTM%	16.3%	41.1%	-79.8%	2.4%	163.2%	-656.4%	-69.1%

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FY2026

Jun 26