Mahalaxmi Rubtech Limited share price
Mahalaxmi Rubtech Limited engages in the manufacturing and marketing of technical textiles and rubber products in India. It offers yarn, grey fabric, rubber, chemicals, and technical textile fabric, and rubber printing blankets. The company also provides imprint technology, such as underlay, xpeedo-web, rapid-web, print UV, royal green, robusto, spectra, stripcoat, ultra, and polset for sheetfed/conventional, UV printing, packaging, stripping coating, metal deco, newspaper/web, security printing, and under packing. In addition, it offers textile coating solutions, including PVC, media/acyclic, PU coated fabric, and miscellaneous fabric coating for architecture, lifestyle, sports, advertisin…Read more
- Market Cap₹ 190 Cr.
- Current Price₹ 179.11
- High / Low₹ 245 / 106
- Stock P/E8.2
- Book Value₹ 85
- Dividend Yield0.00 %
- ROCE32.7 %
- ROE27.30 %
- Face Value₹ 10.0
More figures (10)
- EPS (TTM)₹ 21.76
- Price / Book2.10
- OPM23.7 %
- Debt / Equity0.13
- Sales growth (3Y)-17.6 %
- Profit growth (3Y)55.2 %
- Promoter holding66.3 %
- EV / EBITDA5.2
- Beta0.19
- All-time high₹ 376
Price chart
| Returns | 1M | 3M | 6M | YTD | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| MHLXMIRU | +19.51% | +30.05% | +5.81% | -12.91% | -16.25% | -2.44% | — |
| Nifty 50 | -0.31% | -3.85% | -4.34% | -11.42% | -9.53% | +5.46% | +4.76% |
Price returns only (dividends not included). Prices from NSE via Yahoo Finance; may be delayed.
Quick take
- Mahalaxmi Rubtech Limited is in the Textile Manufacturing industry (Consumer Cyclical), with a market value of ₹190 crore.
- It trades at 8.2 times its last 12 months' earnings and 2.1 times book value.
- Revenue grew -17.6% a year over the last 3 years, profit 55.2% a year.
- Return on equity was 27.3% and return on capital employed 32.7% in the latest year.
- Debt was 0.13 times shareholders' equity.
- The share price is 26.8% below its 52-week high and down 16.3% over one year.
- Promoters and insiders hold about 66.3%; institutions about 0.0%.
Pros
AI- Strong return on equity: 26.1% on average over the last 3 years.
- Profit has grown 55.2% a year over the last 3 years.
- Latest quarter (Jun 2026): sales up 26% and profit up 30% from a year ago.
- Trades at 8.2 times earnings, below its 3-year median of 14.2.
- Borrowings are moderate at 0.13 times shareholders' equity.
Cons
AI- Sales growth has been slow: -17.6% a year over the last 3 years.
- The company has not paid a dividend recently.
Pros and cons are generated automatically from the reported figures. They are observations, not a recommendation to buy or sell.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language. It does not say whether to buy or sell.
About Mahalaxmi Rubtech Limited
Mahalaxmi Rubtech Limited engages in the manufacturing and marketing of technical textiles and rubber products in India. It offers yarn, grey fabric, rubber, chemicals, and technical textile fabric, and rubber printing blankets. The company also provides imprint technology, such as underlay, xpeedo-web, rapid-web, print UV, royal green, robusto, spectra, stripcoat, ultra, and polset for sheetfed/conventional, UV printing, packaging, stripping coating, metal deco, newspaper/web, security printing, and under packing. In addition, it offers textile coating solutions, including PVC, media/acyclic, PU coated fabric, and miscellaneous fabric coating for architecture, lifestyle, sports, advertising, military, mines, food and agriculture, vehicle, and transportation industries. Mahalaxmi Rubtech Limited was incorporated in 1991 and is based in Ahmedabad, India.
- Employees
- 260
- Head office
- Ahmedabad
Peer comparison
Consumer CyclicalTextile Manufacturing
| S.No. | Company | CMP ₹ | P/E | Mar Cap ₹ Cr | Div Yld % | NP Qtr ₹ Cr | Qtr Profit Var % | Sales Qtr ₹ Cr | Qtr Sales Var % | ROCE % | ROE % | P/B | OPM % | Debt / Eq | Prom. Hold. % | Sales ₹ Cr | Sales Var 3Yrs % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Mahalaxmi Rubtech | 179.11 | 8.2 | 190 | 0.00 | 6 | 29.88 | 32 | 25.88 | 32.7 | 27.3 | 2.10 | 23.7 | 0.13 | 66.34 | 112 | -17.6 |
| 2. | K.P.R. Mill | 1,100.30 | 41.2 | 37,688 | 0.46 | 259 | 21.55 | 1,936 | 9.58 | 20.0 | 16.2 | 6.60 | 17.0 | 0.10 | 67.54 | 6,650 | 2.3 |
| 3. | Welspun Living | 219.30 | 75.6 | 20,646 | 0.05 | 161 | 83.59 | 2,795 | 23.66 | 5.8 | 4.2 | 4.28 | 4.6 | 0.47 | 68.98 | 8,436 | 5.7 |
| 4. | Vardhman Textiles | 531.90 | 17.9 | 15,397 | 0.93 | 310 | 30.56 | 2,703 | 7.75 | 8.6 | 7.3 | 1.44 | 9.3 | 0.18 | 65.51 | 9,689 | -0.8 |
| 5. | Arvind | 525.70 | 33.3 | 13,781 | 0.87 | 53 | 0.39 | 2,501 | 24.65 | 15.4 | 10.6 | 3.41 | 8.9 | 0.41 | 40.52 | 8,960 | 3.4 |
| 6. | Trident | 22.27 | 28.6 | 11,348 | 2.26 | 158 | 12.95 | 1,787 | 4.68 | 10.7 | 8.0 | 2.38 | 9.0 | 0.38 | 75.53 | 6,701 | 1.8 |
| 7. | Indo Count Industries | 441.00 | 57.9 | 8,734 | 0.34 | 63 | 67.28 | 1,207 | 25.89 | 9.5 | 5.5 | 3.71 | 6.2 | 0.57 | 61.56 | 4,141 | 11.7 |
| 8. | Sanathan Textiles | 556.65 | 77.4 | 4,698 | 0.00 | 24 | -41.08 | 1,335 | 79.08 | 6.0 | 4.2 | 2.51 | 5.4 | 0.81 | 78.58 | 3,811 | 4.7 |
| 9. | Alok Industries | 8.50 | — | 4,220 | 0.00 | -208 | — | 1,078 | 14.52 | -10.9 | 3.5 | -0.19 | -6.1 | -1.05 | 75.00 | 3,715 | -19.2 |
| 10. | The Bombay Dyeing and Manufacturing Company | 98.66 | 101.7 | 2,038 | 0.41 | 7 | -48.73 | 411 | 8.72 | 1.6 | 1.2 | 0.89 | -5.3 | 0.00 | 56.00 | 1,460 | -18.3 |
| Median: 23 Co. | 330.15 | 28.0 | 344 | 0.00 | 58 | 21.55 | 1,561 | 19.09 | 9.1 | 7.3 | 1.64 | 5.8 | 0.28 | 66.94 | 5,396 | 0.1 |
Companies in the same industry; the median covers every company in it that we hold figures for. Tap a heading to sort. Sorting and comparing are ways to explore data, not recommendations.
Quarterly Results
Standalone figures in ₹ crore
Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Latest quarter on the right.
Profit & Loss
Standalone figures in ₹ crore
Projection — your assumptions
Starts from the last four reported quarters (TTM) and applies the figures you enter; growth is pre-filled with the company's own 3-year sales growth. This is a what-if calculator for illustration, not a forecast, estimate or recommendation.
Related party transactions
Related-party transactions are dealings with promoters, directors, subsidiaries and associates. Companies disclose them to the exchanges every half-year and in detail in the notes to their annual report.
- Related Party TransactionsMahalaxmi Rubtech Limited has informed the Exchange about related Party Transactions10-May-2023
- Related Party TransactionsMahalaxmi Rubtech Limited has informed the Exchange about related Party Transactions.10-May-2023
- Related Party TransactionMahalaxmi Rubtech Limited has informed the Exchange about related party transaction for the period ended September 30, 2022.28-Nov-2022
- Related Party TransactionMahalaxmi Rubtech Limited has informed the Exchange about Related Party Transaction for the half year ended on March 31, 2022.14-Jun-2022
Full details: notes to the Financial Year 2026 annual report (related party disclosures).
| ₹ Cr | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| 170 | 200 | 77 | 92 | 112 | 118 | |
| YOY Sales Growth % | 17.87% | -61.54% | 19.80% | 21.55% | ||
| 155 | 186 | 59 | 68 | 82 | 88 | |
| Material Cost % | 51% | 55% | 50% | 49% | 49% | 51% |
| Employee Cost % | 7% | 7% | 10% | 9% | 9% | 9% |
| Other Expenses % | 33% | 32% | 17% | 16% | 15% | 14% |
| Operating Profit | 15 | 14 | 18 | 24 | 30 | 30 |
| OPM % | 9% | 7% | 24% | 26% | 27% | 26% |
| Other Income | 4 | 6 | 2 | 3 | 4 | 5 |
| Interest | 4 | 4 | 2 | 1 | 1 | 1 |
| Depreciation | 8 | 8 | 4 | 4 | 4 | 4 |
| Profit before tax | 7 | 7 | 15 | 22 | 29 | 31 |
| 25% | 20% | 25% | 23% | 26% | 25% | |
| Current tax | 2 | 2 | 4 | 6 | 8 | |
| Deferred tax | -0 | -0 | -0 | -0 | -0 | |
| 5 | 6 | 11 | 17 | 22 | 23 | |
| YOY Profit Growth % | 7.41% | 89.46% | 52.04% | 29.83% | ||
| EPS in Rs | 4.46 | 5.48 | 10.39 | 15.80 | 20.51 | 21.76 |
Compounded Sales Growth
- 3 Years:
- -18%
- TTM:
- 23%
Compounded Profit Growth
- 3 Years:
- 55%
- TTM:
- 29%
Stock Price CAGR
- 3 Years:
- -2%
- 1 Year:
- -16%
Return on Equity
- 4 Years:
- 26%
- Last Year:
- 27%
Financial years ending March; TTM = the last four quarters. Source: the company's results filed with NSE, as reported. Tap a row marked + for its breakdown. Dividend payout = dividends paid in the year ÷ net profit.
Balance Sheet
Consolidated figures in ₹ crore, as at 31 March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 11 | 11 | 11 | 11 |
| Reserves | 31 | 42 | 58 | 80 |
| 18 | 16 | 15 | 12 | |
| Long term borrowings | 5 | 3 | 3 | 0 |
| Short term borrowings | 14 | 13 | 12 | 12 |
| 12 | 13 | 15 | 13 | |
| Trade payables | 8 | 6 | 11 | 9 |
| Current liabilities | 24 | 24 | 26 | 24 |
| Total Liabilities | 72 | 82 | 98 | 115 |
| 31 | 31 | 30 | 35 | |
| Gross block | 68 | 71 | 74 | 82 |
| Accumulated depreciation | 37 | 41 | 44 | 48 |
| Goodwill & intangibles | 2 | |||
| CWIP | 0 | 2 | 3 | 3 |
| 41 | 50 | 66 | 78 | |
| Inventories | 19 | 16 | 17 | 17 |
| Trade receivables | 9 | 9 | 14 | 10 |
| Cash & equivalents | 5 | 9 | 12 | 16 |
| Current assets | 41 | 51 | 68 | 74 |
| Total Assets | 72 | 82 | 98 | 115 |
Source: Yahoo Finance (compiled from the annual reports). Tap a row marked + for its breakdown.
Cash Flows
Consolidated figures in ₹ crore, financial years ending March
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| -3 | 17 | 14 | 28 | |
| Profit for the year | 11 | 11 | 17 | 22 |
| Working capital changes | -17 | -0 | -2 | 6 |
| Direct taxes paid | -2 | -2 | -7 | -9 |
| 3 | -8 | -9 | -20 | |
| Fixed assets purchased | -3 | -3 | -3 | -10 |
| Fixed assets sold | 0 | 0 | 0 | |
| Investments purchased | -7 | -8 | -13 | |
| Investments sold | 5 | |||
| -8 | -4 | -2 | -4 | |
| Proceeds from borrowings | 10 | |||
| Repayment of borrowings | -6 | -2 | -1 | -3 |
| Interest paid | -2 | -1 | -1 | -1 |
| Net Cash Flow | -8 | 5 | 3 | 4 |
| Free Cash Flow | -6 | 14 | 11 | 18 |
Free cash flow = cash from operations − capital expenditure. Source: Yahoo Finance.
Ratios
| Ratio | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE | — | 26.1% | 23.3% | 27.6% | 27.3% |
| ROCE | — | 29.6% | 28.0% | 31.7% | 32.7% |
| Operating margin | — | 19.4% | 19.7% | 22.5% | 23.7% |
| Net margin | — | 15.8% | 14.5% | 18.4% | 19.7% |
| Debt / equity | — | 0.44 | 0.30 | 0.21 | 0.13 |
| Current ratio | — | 1.71 | 2.09 | 2.60 | 3.15 |
| Debtor days | — | 46 | 45 | 56 | 32 |
| Inventory days | — | 165 | 129 | 115 | 93 |
| Days payable | — | 69 | 44 | 77 | 51 |
| Cash conversion cycle | — | 142 | 130 | 94 | 74 |
| Working capital days | — | 90 | 127 | 168 | 167 |
Computed from the reported statements: ROE on average equity; ROCE = EBIT / (total assets − current liabilities). Debtor days = receivables ÷ sales × 365; inventory and payable days use cost of goods sold; cash conversion cycle = debtor + inventory − payable days; working capital days = (current assets − current liabilities) ÷ sales × 365.
Shareholding Pattern
Numbers in percentages · as filed with NSE each quarter
- Promoters 64.80%
- DIIs 0.08%
- Public 35.12%
| % | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% | 64.80% |
| 0.57% | 0.57% | 0.09% | 0.09% | 0.12% | 0.09% | 0.10% | 0.09% | 0.09% | ||||
| Foreign portfolio investors (Cat. I) | 0.57% | 0.57% | 0.09% | 0.09% | 0.12% | 0.09% | 0.10% | 0.09% | 0.09% | |||
| 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | |
| Mutual funds | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| 35.12% | 35.12% | 34.56% | 34.56% | 35.03% | 35.03% | 35.00% | 35.03% | 35.02% | 35.03% | 35.03% | 35.12% | |
| Retail (up to ₹2 lakh) | 12.50% | 11.73% | 13.11% | 16.86% | 9.62% | 9.43% | 10.63% | 10.57% | 10.67% | 10.94% | 16.63% | 15.55% |
| HNIs (above ₹2 lakh) | 14.06% | 10.13% | 8.79% | 7.86% | 18.11% | 18.42% | 18.29% | 18.24% | 17.96% | 15.99% | 9.43% | 11.62% |
| NRIs | 0.11% | 0.09% | 0.11% | 0.45% | 0.20% | 0.23% | 0.39% | 0.45% | 0.52% | 0.68% | 0.81% | 1.01% |
| Bodies corporate | 4.65% | 8.37% | 7.68% | 5.80% | 4.07% | 3.95% | 2.62% | 2.49% | 2.65% | 4.21% | 4.45% | 2.48% |
| IEPF | 1.66% | 1.66% | 1.66% | 1.66% | 1.61% | 1.57% | 1.57% | 1.56% | 1.56% | 1.54% | 1.54% | 1.53% |
| No. of Shareholders | 4,584 | 4,345 | 5,568 | 6,464 | 6,244 | 5,726 | 5,706 | 5,706 | 5,619 | 5,633 | 6,537 | 6,258 |
Source: shareholding patterns filed by the company with NSE. Public = non-institutional holders. Tap a row marked + for its breakdown.
Mutual funds & institutions holding Mahalaxmi Rubtech
No single fund or institution holds more than 1%.
As named in the shareholding pattern for Sep 2026 filed with NSE; mutual funds together hold 0.07% of the company. Shareholders below 1% are not named in the filing.
Documents
Announcements
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Mahalaxmi Rubtech Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 201807-Oct-2026
- Trading WindowMahalaxmi Rubtech Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 201528-Sep-2026
- Shareholders meetingMahalaxmi Rubtech Limited has submitted the Exchange a copy Srutinizer's report of 35th Annual General Meeting held on September 25, 2026. Further, the company has informed the Ex…26-Sep-2026
- Shareholders meetingMahalaxmi Rubtech Limited has informed the Exchange regarding Proceedings of 35th Annual General Meeting held on September 25, 202625-Sep-2026
- Copy of Newspaper PublicationMahalaxmi Rubtech Limited has informed the Exchange about Copy of Newspaper Publication29-Aug-2026
- Shareholders meetingMahalaxmi Rubtech Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 202627-Aug-2026
- Record DateMahalaxmi Rubtech Limited has informed the Exchange that Record date Pursuant to Regulation 42 of the SEBI(LODR) Regulations 2015 & the Register of Member and Share Transfer Meeti…27-Aug-2026
- Copy of Newspaper PublicationMahalaxmi Rubtech Limited has informed the Exchange about Copy of Newspaper Publication26-Aug-2026
- Copy of Newspaper PublicationMahalaxmi Rubtech Limited has informed the Exchange about Copy of Newspaper Publication12-Aug-2026
- Outcome of Board MeetingMahalaxmi Rubtech Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.11-Aug-2026
- Change in AuditorsMahalaxmi Rubtech Limited has informed the Exchange regarding Change in Auditors of the company.28-Jul-2026
- Change in AuditorsMahalaxmi Rubtech Limited has informed the Exchange regarding Change in Auditors of the company.27-Jul-2026
Annual reports
- Financial Year 202627-AUG-2026
- Financial Year 202504-SEP-2025
- Financial Year 2024
- Financial Year 202301-SEP-2023
- Financial Year 2022
Credit ratings
None filed recently.
Concalls & investor meets
None filed recently.
Filings made by the company with NSE; documents open on NSE's website.
Key dates
- Ex-dividend date
- 1 Jan 1970
- Latest quarter
- 30 Jun 2026
- Financial year end
- 31 Mar 2026
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Latest news
In the news
No recent coverage found.
From the company (NSE)
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Mahalaxmi Rubtech Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018NSE filing · 07-Oct-2026
- Trading WindowMahalaxmi Rubtech Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015NSE filing · 28-Sep-2026
- Shareholders meetingMahalaxmi Rubtech Limited has submitted the Exchange a copy Srutinizer's report of 35th Annual General Meeting held on September 25, 2026. Further, the company has informed the Ex…NSE filing · 26-Sep-2026
- Shareholders meetingMahalaxmi Rubtech Limited has informed the Exchange regarding Proceedings of 35th Annual General Meeting held on September 25, 2026NSE filing · 25-Sep-2026
- Copy of Newspaper PublicationMahalaxmi Rubtech Limited has informed the Exchange about Copy of Newspaper PublicationNSE filing · 29-Aug-2026
- Shareholders meetingMahalaxmi Rubtech Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2026NSE filing · 27-Aug-2026
- Record DateMahalaxmi Rubtech Limited has informed the Exchange that Record date Pursuant to Regulation 42 of the SEBI(LODR) Regulations 2015 & the Register of Member and Share Transfer Meeti…NSE filing · 27-Aug-2026
- Copy of Newspaper PublicationMahalaxmi Rubtech Limited has informed the Exchange about Copy of Newspaper PublicationNSE filing · 26-Aug-2026
Headlines from news publishers (via Google News) and the filings of the company with NSE; they open on the source website. Headlines with price targets or buy/sell calls are left out. News is for information only and is not a recommendation.
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