Mafatlal Industries Ltd
The Company is engaged in textile manufacturing and trading, having its manufacturing units at Nadiad and Navsari.[1]
- Market Cap ₹ 1,025 Cr.
- Current Price ₹ 143
- High / Low ₹ 205 / 107
- Stock P/E 11.1
- Book Value ₹ 107
- Dividend Yield 1.40 %
- ROCE 12.9 %
- ROE 12.2 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 26.5% CAGR over last 5 years
Cons
- Tax rate seems low
- Company has a low return on equity of 11.2% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Part of BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,013 | 1,323 | 1,238 | 1,168 | 1,024 | 1,006 | 603 | 1,003 | 1,372 | 2,079 | 2,807 | 3,871 | |
| 995 | 1,283 | 1,223 | 1,175 | 1,085 | 1,012 | 650 | 991 | 1,343 | 2,033 | 2,739 | 3,780 | |
| Operating Profit | 19 | 40 | 15 | -8 | -61 | -7 | -47 | 12 | 28 | 46 | 68 | 92 |
| OPM % | 2% | 3% | 1% | -1% | -6% | -1% | -8% | 1% | 2% | 2% | 2% | 2% |
| 40 | 21 | 43 | 33 | -53 | 42 | -5 | 54 | 45 | 64 | 32 | 29 | |
| Interest | 17 | 21 | 27 | 31 | 30 | 31 | 22 | 19 | 18 | 15 | 11 | 9 |
| Depreciation | 17 | 21 | 32 | 36 | 36 | 17 | 17 | 16 | 15 | 15 | 15 | 17 |
| Profit before tax | 25 | 19 | -1 | -42 | -180 | -13 | -91 | 32 | 40 | 79 | 74 | 95 |
| Tax % | 5% | 9% | -908% | -0% | 0% | 3% | 3% | 9% | 7% | -25% | -32% | 6% |
| 24 | 17 | 4 | -42 | -180 | -14 | -94 | 29 | 37 | 99 | 98 | 89 | |
| EPS in Rs | 3.43 | 2.46 | 0.59 | -6.00 | -25.87 | -1.97 | -13.50 | 4.09 | 5.26 | 13.81 | 13.63 | 12.47 |
| Dividend Payout % | 18% | 24% | 68% | -7% | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 45% |
| 3 Years: | 41% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 27% |
| 3 Years: | 65% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 48% |
| 3 Years: | 36% |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 8% |
| 3 Years: | 11% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 350 | 362 | 576 | 785 | 493 | 271 | 453 | 672 | 600 | 800 | 727 | 757 |
| 148 | 224 | 250 | 234 | 207 | 150 | 148 | 113 | 94 | 82 | 70 | 64 | |
| 251 | 331 | 358 | 360 | 292 | 381 | 330 | 424 | 466 | 910 | 579 | 915 | |
| Total Liabilities | 762 | 932 | 1,198 | 1,392 | 1,006 | 816 | 944 | 1,223 | 1,175 | 1,806 | 1,390 | 1,750 |
| 165 | 213 | 318 | 298 | 139 | 138 | 122 | 98 | 95 | 86 | 85 | 86 | |
| CWIP | 36 | 9 | 8 | 7 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 10 |
| Investments | 46 | 46 | 284 | 502 | 374 | 168 | 444 | 633 | 523 | 631 | 443 | 389 |
| 515 | 663 | 588 | 585 | 493 | 510 | 378 | 493 | 557 | 1,089 | 862 | 1,265 | |
| Total Assets | 762 | 932 | 1,198 | 1,392 | 1,006 | 816 | 944 | 1,223 | 1,175 | 1,806 | 1,390 | 1,750 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7 | -35 | 88 | 12 | 8 | 24 | 7 | 10 | -7 | 159 | -89 | 141 | |
| -7 | -21 | -73 | 49 | 40 | 84 | 31 | 61 | 36 | -2 | -11 | -35 | |
| 4 | 52 | -11 | -52 | -57 | -91 | -29 | -52 | -34 | -23 | -30 | -33 | |
| Net Cash Flow | 4 | -5 | 4 | 9 | -9 | 17 | 8 | 18 | -5 | 133 | -131 | 73 |
| Free Cash Flow | -35 | -77 | 4 | 7 | 2 | 57 | 6 | 49 | -15 | 173 | -99 | 116 |
| CFO/OP | 52% | -79% | 600% | -167% | -13% | -356% | -6% | 118% | -20% | 357% | -133% | 188% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 86 | 85 | 89 | 70 | 92 | 131 | 93 | 76 | 112 | 62 | 67 |
| Inventory Days | 69 | 65 | 76 | 76 | 52 | 49 | 17 | 33 | 36 | 17 | 15 | 11 |
| Days Payable | 108 | 115 | 111 | 125 | 106 | 146 | 173 | 159 | 126 | 161 | 67 | 75 |
| Cash Conversion Cycle | 33 | 35 | 50 | 40 | 15 | -4 | -24 | -34 | -14 | -32 | 10 | 3 |
| Working Capital Days | 6 | 4 | 8 | 3 | -2 | -10 | -69 | -37 | -15 | -28 | 0 | -3 |
| ROCE % | 3% | 6% | 1% | -2% | -8% | 2% | -9% | 2% | 5% | 7% | 10% | 13% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Count Number |
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| Electricity Consumption per Metre (Grey Production) KWH/Metre ・Standalone data |
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| Percentage of Outsourced Business % |
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| Company Owned/Family Shops Number of Shops ・Standalone data |
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| Denim Manufacturing Capacity MMPA ・Standalone data |
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| Energy Cost per Unit of Production Rs/Meter ・Standalone data |
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| Order Book INR Cr |
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| Dealer Network Size Number of Dealers |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper advertisement of extract of Audited Financial Results for the quarter and year ended on 31st March, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Mafatlal reported FY26 revenue of ₹3,870.4 Cr, highest-ever, and recommended ₹1.25 final dividend.
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
2d - Allotment of Equity Shares on exercise of Stock Options granted under Mafatlal Employees Stock Options Scheme 2017.
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Announcement Under Regulation 30 - Retirement Of Chief Executive Officer Of The Company
2d - Board approved FY26 audited results, Rs1.25 dividend, 7 Aug AGM, 31 Jul record date, CEO change.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Concalls
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May 2026TranscriptAI SummaryPPT
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Jan 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
History
Co. is a 120-year-old textile manufacturing player in India and part of Arvind Mafatlal Group founded by Mr. Mafatlal Gagalbhai. [1]