About Rubfila International Limited

Rubfila International Limited is an Indian manufacturing company specialising in Heat Resistant Latex Rubber Thread, a key intermediate product extensively used in the garment and textile industries. Incorporated in 1993, the company is headquartered in Palakkad, Kerala, with its registered office located at NIDA, Menonpara Road, Kanjikode, Palakkad – 678 621. Rubfila’s equity shares are listed on both BSE (Scrip Code: 500367) and NSE (Symbol: RUBFILA), and its CIN is L25199KL1993PLC007018. The year 2024–25 marks the company’s 32nd Annual Report, reflecting its continued growth as a zero-debt enterprise operating in niche manufacturing and value-added industrial packaging.

Rubfila operates with a focus on innovation, operational resilience, and diversified product lines. Its primary business is the production of Heat Resistant Latex Rubber Thread, while it also manufactures corrugated carton boxes—mainly for captive use. The group’s diversification includes participation in the tissue paper segment through its wholly owned subsidiary, which is consolidated in the company’s accounts. The company serves customers across India and exports its products to major markets in Asia, Europe, Africa, and America, showcasing a strong global presence beyond its domestic base.

Rubfila is recognised for its steady performance and strategic expansion. In recent years, it commissioned a new corrugated box manufacturing unit, which began contributing to operations from FY 2022–23. The company maintains full compliance with securities exchange requirements, has reported no trading suspensions, and has consistently demonstrated sound governance. It continues to operate debt-free with a strong liquidity position and robust internal financial controls.

Key Milestones of Rubfila International Limited

• 1993 – Incorporation of Rubfila International Limited in Kerala.
• 1994 – Commencement of commercial production of latex rubber thread at Palakkad.
• 2022–23 – Commissioning of a corrugated carton box manufacturing unit for captive use.
• 2024–25 – Achieved 21% volume growth year-on-year, maintaining a zero-debt financial position and continued export expansion across multiple regions.

Rubfila International Limited Business Verticals and Geographic Presence

Business Verticals:

• Heat Resistant Latex Rubber Thread – Core product serving garment and elastic products industry.
• Corrugated Carton Box Manufacturing – Primarily for captive packaging and operational efficiency.
• Tissue Paper – Operated through a wholly owned subsidiary; contributes to group diversification.

Geographical Operations:

• Domestic Market – Extensive sales and distribution network across India, catering to the textile manufacturing and garment sectors.
• International Market – Exports to Asia, Europe, Africa, and America, positioned as a reliable supplier to global clients.

Rubfila International Limited Key Management

• Hardik B. Patel – Chairman
• G. Krishna Kumar – Managing Director
• N. N. Parameswaran – Chief Financial Officer & Company Secretary

Latest Updates on Rubfila International Limited

• Operating footprint and market performance: In FY 2024–25, Rubfila recorded 21% overall sales volume growth amid challenging industry conditions, with 20% domestic and 25% export growth. Exports remained strong across Asia, Europe, Africa, and America.
• Product and capacity expansion: The corrugated carton box unit, commissioned in FY 2022–23, continued production in FY 2024–25, serving as an in-house packaging solution to complement the main latex rubber thread operations.
• Governance and board changes: Appointment of Ms. Aishwarya Singhvi as Independent Director effective February 12, 2025, and proposal for the re-appointment of Mr. D. G. Rajan as an Independent Director for a five-year term starting September 25, 2025, subject to shareholder approval.
• Human capital: Employee strength increased from 305 in FY 2023–24 to 324 as on March 31, 2025. Industrial relations remained cordial, supporting stable operations throughout the year.
• Compliance and governance: The company recorded no trading suspension or regulatory orders during FY 2024–25. The 32nd AGM is scheduled for September 25, 2025, via VC/OAVM (virtual conferencing mode).
• Risk and financial sustainability: Maintained a zero-debt balance sheet and continued effective risk control practices. Unhedged foreign currency exposures were reported, along with sensitivity to latex price fluctuations and global logistics dynamics.
• Industry dynamics: Global competition, fluctuating raw material prices, and logistical challenges influenced demand trends in the textile-linked latex thread sector. Rubfila reported resilient operations with stable export demand despite market volatility.