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Mahalaxmi Rubtech Ltd (MHLXMIRU)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514450 NSE: MHLXMIRU Textile | Small Cap | Mahalaxmi Rubtech Share Price

₹184.95 -1.05 (-0.56%)

As on 03-Nov'26 16:59

Mahalaxmi Rubtech Ltd (MHLXMIRU)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 514450 NSE: MHLXMIRU Textile | Small Cap | Mahalaxmi Rubtech Share Price

₹184.95 -1.05 (-0.56%)

As on 03-Nov'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹198 Cr.
Current Price
₹185
52-Week Low / High
₹106 / 259
TTM EPS
₹21.5
TTM Sales
₹122 Cr.
Book Value per Share
₹96.2
P/E Ratio
8.67
Lower than its 5-year historical median
Industry PE
32.8
Price to Book (P/B)
1.93
Lower than its 5-year historical median
Price to Sales (P/S)
1.62
Higher than its 5-year historical median
EV/EBITDA
4.36
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
27.33%
Outperforms industry median
Return on Capital Employed (ROCE)
32.39%
Outperforms industry median
Return on Assets (ROA)
19.02%
Outperforms industry median
Operating Profit Margin
26.7%
Outperforms industry median
Net Profit Margin
19.45%
Outperforms industry median
Gross Profit Margin
29.7%
Outperforms industry median
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
21.55%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
24.98%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
29.8%
Asset Quality
Promoter Holding
64.80%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹91 Cr.
Equity
₹10.6 Cr.
Face Value
₹10
All Time Low / High
₹0.59 / 374.75

Mahalaxmi Rubtech stock performance

Key Ratios
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Quality

Somewhat Good
Check detailed performance

Valuation

Overvalued

Check Valuation charts

Price Trend

Strong
Check Price chart
Q.1 Is Mahalaxmi Rubtech Ltd a good quality company?
Mahalaxmi Rubtech Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does Mahalaxmi Rubtech Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Mahalaxmi Rubtech Ltd vs industry peers?
Mahalaxmi Rubtech Ltd revenue CAGR is -3.90%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Mahalaxmi Rubtech Ltd?
Promoters hold 64.80% of the Mahalaxmi Rubtech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Mahalaxmi Rubtech Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 15.4% based on the current price.
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10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Mahalaxmi Rubtech Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ6.9%6.9%7.3%7.6%8.6%8.4%15.3%25.3%30.2%32.4%-
Value Creation
Index ⓘ		-0.5-0.5-0.5-0.5-0.4-0.40.10.81.21.3-

Growth Parameters ⓘ
Sales ⓘ20322818518013717069.476.992.1112122
Sales YoY Gr.-12.4%-19%-2.6%-24%24.2%-59.1%10.7%19.8%21.6%-
Adj EPS ⓘ3.42.93.13.34.54.610.110.215.42021.5
YoY Gr.--15.6%9.4%5.4%37.3%2.4%118.1%0.4%51.7%29.5%-
BVPS (₹) ⓘ59.560.962.466.370.972.539.349.864.785.496.2
Adj Net
Profit ⓘ		3.43.34.24.464.910.710.816.421.223
Cash Flow from Ops. ⓘ4.713.111.423.314.515.7-316.713.727.7-
Debt/CF from Ops. ⓘ7.72.83.11.42.73.2-6.211.10.4-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-6.4%-3.9%17.3%21.6%
Adj EPS ⓘ21.8%34.5%25.4%29.5%
BVPSⓘ4.1%3.8%29.6%31.9%
Share Price 15.4% 19.6% -3.2% -11.9%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ		5.94.95.45.16.65.718.122.826.926.623.6
Op. Profit
Mgn % ⓘ		7.15.98.49.212.98.924.123.825.926.724.9
Net Profit
Mgn % ⓘ		1.71.42.32.44.42.915.51417.818.918.7
Debt to
Equity ⓘ		0.60.50.40.40.40.70.40.30.20.10
Working Cap
Days ⓘ		124129168166200158288154150135113
Cash Conv.
Cycle ⓘ		4446565560488184684979

Valuation of Mahalaxmi Rubtech - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales203228185180137170697792112
Operating Expenses ⓘ + 18821416916311915553596882
Manufacturing Costs495252463451991012
Material Costs1241459999718634384555
Employee Cost 10111313111277810
Other Costs ⓘ 5554353454
Operating Profit ⓘ 14131516181517182430
Operating Profit Margin (%) 7.1%5.9%8.4%9.2%12.9%8.8%24.1%23.8%25.8%26.5%
Other Income ⓘ + 0223341234
Exceptional Items ⓘ 0000000000
Interest ⓘ 2223342211
Depreciation ⓘ 88910984444
Profit Before Tax ⓘ 56668712152229
Tax ⓘ 2211221458
Profit After Tax 34556511111722
PAT Margin (%) 1.7%1.7%2.7%2.7%4.5%3.2%15.7%14.4%18.2%19.5%
Adjusted EPS (₹)3.43.33.73.64.65.110.310.415.820.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 59708388947742536991
Share Capital ⓘ 9.9711.4713.3213.3213.3210.6210.6210.6210.6210.62
Reserves ⓘ 49587075816631425880
Debt +33343127304717141311
Long Term Debt15149810175330
Short Term Debt18202319203012111111
Minority Interest0000000000
Trade Payables40454243314486119
Others Liabilities ⓘ 1721171919147121213
Total Liabilities ⓘ 1501701741771751827484105124

Fixed Assets

Net Fixed Assets ⓘ +61686862666430292732
Gross Block11012212712914114367707080
Accumulated Depreciation49535867757837414448
CWIP ⓘ 14211110123
Investments ⓘ 0000030006
Inventories31333534283419161717
Trade Receivables384137363029991410
Cash Equivalents 12121924373711223344
Others Assets ⓘ 71112101114561213
Total Assets ⓘ 1501701741771751827484105124
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 51311231416-3171428
PBT ⓘ 56668712152229
Adjustment ⓘ 9810111083421
Changes in Working Capital ⓘ -82-38-17-17-0-26
Tax Paid ⓘ -1-2-2-1-2-7-2-2-7-9
Cash Flow From Investing Activity ⓘ + -5-18-6-15-15-123-8-9-20
Capex -5-18-6-12-5-6-3-3-3-10
Net Investments 000-5-12-95-7-8-13
Others ⓘ 0-001221123
Cash Flow From Financing Activity ⓘ + 352-81-10-8-4-2-4
Net Proceeds from Shares ⓘ 5780000000
Net Proceeds from Borrowing ⓘ -9-2-5-127-6-2-0-3
Interest Paid ⓘ -1-1-2-3-3-3-2-1-1-1
Dividend Paid ⓘ 0000000000
Others ⓘ 811-41-14-0-1-1-0
Net Cash Flow ⓘ 20800-6-8534
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)6.185.96.455.626.676.3218.3423.3427.5927.33
ROCE (%)6.876.887.257.68.628.415.3125.2930.232.39
Asset Turnover Ratio1.421.431.071.030.780.950.540.970.970.98
PAT to CFO Conversion(x)1.673.252.24.62.333.2-0.271.550.821.27
Working Capital Days
Receivable Days61.3062.9077.407488.2064.30100.1043.2046.6038.60
Inventory Days50.5051.4067.607082.9067.20140.308466.3055
Payable Days106.60106.20160.10155.70191158.50277.7064.6068.7067.40

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Annual reports

No annual reports available.

Concalls

No concalls available.

Mahalaxmi Rubtech Ltd FAQs

The current trading price of Mahalaxmi Rubtech on 03-Nov-2026 16:59 is ₹184.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Nov-2026 the market cap of Mahalaxmi Rubtech stood at ₹197.5 Cr

The latest P/E ratio of Mahalaxmi Rubtech as of 02-Nov-2026 is 8.67.

The latest P/B ratio of Mahalaxmi Rubtech as of 02-Nov-2026 is 1.93.

The 52-week high of Mahalaxmi Rubtech is ₹259.0 and the 52-week low is ₹106.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Mahalaxmi Rubtech is ₹122 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Mahalaxmi Rubtech Ltd is a average quality company.

The key valuation ratios of Mahalaxmi Rubtech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Mahalaxmi Rubtech Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Mahalaxmi Rubtech Ltd

Mahalaxmi RubTech (MRT) is a part of the Mahalaxmi Group of Industries, incorporated in 1991. A corporate conglomerate active in the manufacture & export of textiles, dyes, pigments, auxiliaries and synthetic rubber / PU-coated fabrics.

MRT is a manufacturer-exporter of truly world class rubber textile printing blankets and coated fabrics. With a track record spanning 13 years and thousands of high-performance blankets, MRT today enjoys a significant presence and high clientele loyalty in markets around the world.

The Mahalaxmi Group has founded its business on a corporate philosophy of blending conventional and modern technologies, to produce ideal manufacturing solutions. And its industrial vision is truly transnational – in technology, perspectives, networking, and service ideas.

Today, Mahalaxmi Group is active in three main areas -- textiles, rubber & chemicals. Between them, all six companies of the Mahalaxmi Group share a value system of commitment to excellence, closeness to customers, accountability to dealers & stakeholders, and a penchant for innovation.

Mahalaxmi Rubtech is headquartered in Ahmedabad, India. It has the technological expertise and the manufacturing capacity to produce blankets of lengths up to 426 feet, and widths up to 3,000 mm.

Mahalaxmi Rubtech Limited has concluded a tie up with Zimmer Textile Technology GmBH of Austria for worldwide marketing of their textile printing blankets. (Excluding Brazil and Colombia). Zimmer TT GmBH is one of the global leaders in supplying complete systems for printing, dyeing, coating and finishing plants and offers their years of accumulated expertise, know-how and services to the textile industry.

Product range of the company includes:

  • Textile Printing Blankets
  • Air Cells
  • Hydraulic Seats
  • Rubber Coated Iron Fabrics

Achievements/ recognition:

  • It is an ISO 9001 certified organization.
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