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Prices as of 9 Oct 2026 close · Not investment advice

Mahalaxmi Rubtech Limited

NSE: MHLXMIRUOther Textile ProductsTrade-to-trade true

Share price

₹168.65

+0.49% close of 9 Oct 2026

Market cap ₹186 CrP/E 8.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 6 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

74

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹186 Cr

P/E ratio

8.0

P/B ratio

2.0

ROCE

32.8%

ROE

27.5%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹233.0852-week low ₹110.12

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 22.7% over the past year, and 12.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 7.9% to 25.9% over the last four years.

Whether it grew faster than its sector

It grew 12.0% a year against a sector median of 7.2% — 4.8 percentage points faster.

Room to re-rate, or risk of de-rating

At 8.0× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 34.4×, across 5 companies. It is against its own five-year median of 20.7×, the 4th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 27%.

Profit growthPrice per ₹1 profitPer 1% growth
Mahalaxmi Rubtech Limited — this one27%/yr8.0×₹0.30
Vardhman Textiles Limited-4%/yr17.7×—
Trident Limited-6%/yr28.2×—
Indo Count Industries Limited-23%/yr59.9×—
Garware Technical Fibres Limited7%/yr34.4×₹4.9
Kusumgar Limited38%/yr62.0×₹1.6

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Other Textile Products), it ranks 2 of 106 on returns, 22 of 103 on growth, 5 of 106 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 32.8% on capital, ahead of 98% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹72 crore of cash from the business, spent ₹25 crore on plant and equipment, and returned ₹28 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 174 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 14 days before it paid its own suppliers to waiting 22 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 9 checks clear · 100%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 11 Aug 2026 · Standalone · Unaudited

Revenue

₹32 Cr

Net profit

₹6 Cr

Net margin

18.3%

EPS

₹5.43

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹186 Cr
Prev close
₹168.65
52w High
₹245
52w Low
₹106
Enterprise value
₹154 Cr
Beta
0.9
Price CAGR 1y
-21.0%
Price CAGR 3y
6.0%
Price CAGR 5y
29.0%
Price CAGR 10y
22.0%

Ratios

Return on assets
19.1%
PEG ratio
0.3
P/E ratio
8.0
P/B ratio
2.0
EV / EBITDA
5.0
Industry P/E
16.3
ROCE
32.8%
ROCE 5y average
22.2%
ROE
27.5%
Debt / Equity
0.1
Interest coverage
30.0
Dividend yield
0.0%
ROE 3y average
27.0%
ROE last year
28.0%

Annual P&L

Annual revenue
₹112 Cr
Annual profit
₹22 Cr
Operating margin
27.0%
Net profit margin
19.6%
EBITDA margin
26.8%
Sales growth 3y
17.5%
Sales growth 5y
-3.9%
Profit growth 3y
27.0%
Profit growth 5y
29.0%
EPS
₹20.6
Sales growth TTM
23.0%
Profit growth TTM
29.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹32 Cr
Profit latest quarter
₹6 Cr
YoY quarterly sales growth
25.9%
YoY quarterly profit growth
30.0%
OPM latest quarter
23.4%

Balance Sheet

Book Value
₹82.7
Face Value
₹10.0
Total debt
₹12 Cr
Total cash
₹44 Cr
Borrowings
₹12 Cr
Reserves / Equity
7.3

Cash Flow

Operating cash flow
₹28 Cr
Free cash flow
₹18 Cr
FCF yield
9.3%
Net cash flow
₹4 Cr

Shareholding

Promoter holding
64.8%
FII holding
0.1%
DII holding
0.1%
Public holding
35.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
K P R Mill Ltd1,100.4041.237,6130.45258.521.61,935.59.619.6
Welspun Living237.8680.822,4690.04162.683.62,795.523.76.3
Vardhman Textile549.4018.815,9380.91314.649.52,703.113.38.6
Trident22.5629.111,4912.22158.112.91,786.84.79.8
Indo Count Inds.473.1562.19,3710.3263.262.01,207.025.98.2
Garware Tech.770.0534.17,5191.1764.621.7482.431.422.0
Kusumgar611.0051.06,4130.0041.9882.6241.993.618.8
Mahalaxmi Rubtec171.127.91820.005.829.931.525.932.9
Median114.7018.33540.005.944.1113.312.89.9

Competes with: Alok Industries Limited, Garware Technical Fibres Limited, Indo Count Industries Limited, K.P.R. Mill Limited, Kusumgar Limited, Trident Limited, Vardhman Textiles Limited, Welspun Living Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales50192021212425232530273032
Expenses46161714161818171822192224
Material Cost121311131517
Change in Inventories-0.98-0.964.02-0.440.010.25
Purchases of Stock-in-Trade00.010.0000.020.00
Employee Cost2.372.132.772.632.842.43
Other Expenses3.553.884.463.974.304.18
Operating Profit3.683.283.386.834.815.477.506.276.637.638.047.447.39
OPM %7.34171733232330272625292523
Other Income0.890.590.290.400.410.530.880.870.631.051.231.271.43
Exceptional items (within Other Income)000000
Interest0.830.370.320.470.330.220.250.270.200.140.130.190.09
Depreciation1.960.940.940.840.960.970.900.920.830.850.971.191.07
Profit before tax1.782.562.415.923.934.817.235.956.237.698.177.337.66
Tax %29292034172725222923262625
Net Profit1.261.841.933.883.263.495.424.614.445.886.045.435.77
EPS in Rs1.191.741.823.663.083.295.114.354.195.555.705.125.44
Diluted EPS in Rs4.344.185.535.695.115.43

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales144168202228185180137170697792112118
Expenses1321551882141691631191555359688288
Material Cost4653
Change in Inventories-0.452.63
Purchases of Stock-in-Trade00.03
Employee Cost8.0510
Other Expenses1517
Operating Profit12131413151618151718243030
OPM %8876891392424262726
Other Income1102233412345
Exceptional items (within Other Income)00
Interest22222334221.070.661
Depreciation77889109843.643.7544
Profit before tax455666871215222931
Tax %333533332023222512252326
Net Profit333455651111172223
EPS in Rs3.313.503.403.313.713.624.595.111010162122
Diluted EPS in Rs1621
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
-4%
5 years
-4%
3 years
18%
TTM
23%

Compounded profit growth

10 years
22%
5 years
29%
3 years
27%
TTM
29%

Stock price CAGR

10 years
22%
5 years
29%
3 years
6%
1 year
-21%

Return on equity

10 years
12%
5 years
20%
3 years
27%
Last year
28%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9910111313131111111111
Reserves394253607075816631425880
Borrowings434436373533385118161512
Other Liabilities294249585454415312131513
Total Liabilities120136148168172175173180728298115
Fixed Assets626561686862666430292732
CWIP2014211110123
Investments000000030006
Other Assets5572869510210310511241527075
Total Assets120136148168172175173180728298115

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity121551311231416-3171428
Cash from Investing Activity-2-8-5-18-6-15-15-1215-8-9-20
Cash from Financing Activity-9-0352-81-10-8-4-2-4
Net Cash Flow2720800-64534
Free Cash Flow117-0-45111010-6141118

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days716668667472816346455631
Inventory Days861039184129125145146203156138110
Days Payable10313411711315415816018685549260
Cash Conversion Cycle543642364939672316414710182
Working Capital Days26111315181011-1433223722
ROCE %7776779815253033

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters656565656565656565656565
FIIs0000.570.570.090.090.120.090.100.090.09
DIIs0.070.070.070.070.070.070.070.070.070.070.070.07
Public353535353535353535353535
No. of Shareholders5,0794,5844,3455,5686,4646,2445,7265,7065,7065,6195,6336,537

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -23.4% (₹220.14 → ₹168.65)Brick size ₹9.54 (fixed)Bricks 28
₹150₹200₹169Nov '25Feb '26May '26Aug '26
Price moved up one brickPrice moved down one brickLast close ₹168.65 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-31.85inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Mahalaxmi Rubtech Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • PVC and rubber coating compounds
  • acrylic coating polymers
  • cotton yarn for weaving
  • polyurethane (PU) coating polymers

Depends on the price of

  • cotton
  • fuel

Sells to

  • Commercial offset printing houses (sheet-fed, web, metal-deco, packaging and security printing) · offset rubber printing blankets

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Textiles
Industry
Other Textile Products
Classification
Textiles › Other Textile Products
ISIN
INE112D01035

Plants

  • Sanand Plant (Uma Industrial Estate)

News impact

Big market events that reach Mahalaxmi Rubtech Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

19 Apr 2024demerger₹0

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
3 Aug 2026MERU INVESTMENTSBUY54,801₹148.18
3 Aug 2026MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITEDSELL53,770₹148.17
30 Jun 2026MARWADI CHANDARANA INTERMEDIARIES BROKERS PRIVATE LIMITEDSELL1,02,000₹121.13
29 Jun 2026NISHANT PITTISELL5,59,213₹107.73
29 Jun 2026NEO APEX SHARE BROKING SERVICES LLPSELL3,00,000₹108.02
29 Jun 2026NEO APEX SHARE BROKING SERVICES LLPBUY3,00,000₹105.63
29 Jun 2026MONEYLEADER FINANCE INDIA PRIVATE LIMITEDSELL1,77,195₹106.35
29 Jun 2026D3 STOCK VISION LLPSELL1,58,263₹107.27
29 Jun 2026D3 STOCK VISION LLPBUY1,58,263₹106.42
29 Jun 2026NEO APEX VENTURE LLPSELL1,19,487₹107.90

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.