Mahalaxmi Rubtech Ltd
Incorporated in 1991, Mahalaxmi Rubtech Ltd does manufacturing and marketing of Traditional Textiles and Polymer based Technical Textiles & Rubber products[1]
- Market Cap ₹ 309 Cr.
- Current Price ₹ 291
- High / Low ₹ 335 / 143
- Stock P/E 53.5
- Book Value ₹ 81.4
- Dividend Yield 0.00 %
- ROCE 7.68 %
- ROE 5.55 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Stock is trading at 3.58 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -2.55% over past five years.
- Company has a low return on equity of 6.10% over last 3 years.
- Promoter holding has decreased over last 3 years: -7.60%
* 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
Sector: Textiles Industry: Textiles - Processing
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
106 | 122 | 149 | 144 | 168 | 202 | 228 | 185 | 180 | 137 | 170 | 200 | 208 | |
97 | 113 | 137 | 132 | 155 | 188 | 214 | 169 | 163 | 119 | 155 | 186 | 193 | |
Operating Profit | 9 | 9 | 12 | 12 | 13 | 14 | 13 | 15 | 16 | 18 | 15 | 14 | 15 |
OPM % | 8% | 7% | 8% | 8% | 8% | 7% | 6% | 8% | 9% | 13% | 9% | 7% | 7% |
1 | 1 | 0 | 1 | 1 | 0 | 2 | 2 | 3 | 3 | 4 | 6 | 4 | |
Interest | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | 4 |
Depreciation | 4 | 5 | 6 | 7 | 7 | 8 | 8 | 9 | 10 | 9 | 8 | 8 | 8 |
Profit before tax | 3 | 3 | 3 | 4 | 5 | 5 | 6 | 6 | 6 | 8 | 7 | 7 | 8 |
Tax % | 31% | 31% | 31% | 33% | 35% | 33% | 33% | 20% | 23% | 22% | 25% | 20% | |
2 | 2 | 2 | 3 | 3 | 3 | 4 | 5 | 5 | 6 | 5 | 6 | 6 | |
EPS in Rs | 2.67 | 2.51 | 2.60 | 3.31 | 3.49 | 3.41 | 3.32 | 3.70 | 3.62 | 4.58 | 5.10 | 5.48 | 5.45 |
Dividend Payout % | 19% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -3% |
3 Years: | 4% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | -1% |
TTM: | -13% |
Stock Price CAGR | |
---|---|
10 Years: | 27% |
5 Years: | 48% |
3 Years: | 94% |
1 Year: | 6% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 9 | 9 | 9 | 9 | 9 | 10 | 11 | 13 | 13 | 13 | 11 | 11 | 11 |
Reserves | 32 | 34 | 36 | 39 | 42 | 49 | 58 | 70 | 75 | 81 | 66 | 72 | 76 |
45 | 48 | 50 | 43 | 44 | 36 | 37 | 35 | 33 | 38 | 51 | 44 | 40 | |
28 | 31 | 25 | 29 | 42 | 53 | 60 | 54 | 54 | 41 | 53 | 61 | 61 | |
Total Liabilities | 113 | 122 | 120 | 120 | 136 | 148 | 168 | 172 | 175 | 173 | 180 | 188 | 187 |
42 | 65 | 68 | 62 | 65 | 61 | 68 | 68 | 62 | 66 | 64 | 61 | 59 | |
CWIP | 21 | 4 | 1 | 2 | 0 | 1 | 4 | 2 | 11 | 1 | 1 | 0 | 1 |
Investments | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 |
49 | 52 | 51 | 55 | 72 | 86 | 95 | 102 | 103 | 105 | 112 | 124 | 124 | |
Total Assets | 113 | 122 | 120 | 120 | 136 | 148 | 168 | 172 | 175 | 173 | 180 | 188 | 187 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 0 | 0 | 12 | 15 | 5 | 13 | 11 | 23 | 14 | 16 | 7 | |
-19 | 0 | 0 | -2 | -8 | -5 | -18 | -6 | -15 | -15 | -12 | 13 | |
15 | 0 | 0 | -9 | -0 | 3 | 5 | 2 | -8 | 1 | -10 | -11 | |
Net Cash Flow | 0 | 0 | 0 | 2 | 7 | 2 | 0 | 8 | 0 | 0 | -6 | 10 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 48 | 51 | 52 | 71 | 66 | 68 | 66 | 74 | 72 | 81 | 63 | 71 |
Inventory Days | 174 | 139 | 94 | 86 | 103 | 91 | 84 | 129 | 125 | 145 | 146 | 148 |
Days Payable | 124 | 115 | 72 | 103 | 134 | 117 | 113 | 154 | 158 | 160 | 186 | 175 |
Cash Conversion Cycle | 98 | 74 | 73 | 54 | 36 | 42 | 36 | 49 | 39 | 67 | 23 | 43 |
Working Capital Days | 79 | 55 | 55 | 54 | 41 | 45 | 47 | 63 | 49 | 86 | 58 | 62 |
ROCE % | 7% | 5% | 7% | 7% | 7% | 7% | 6% | 7% | 7% | 9% | 8% | 8% |
Documents
Announcements
- Receipt Of Certified Copy Of NCLT Order Sanctioning The Scheme Of Arrangements Involving Demerger 19h
- Closure of Trading Window 1d
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NCLT Order Sanctioning The Scheme Of Arrangements Involving Demerger
5 Mar - Hon''ble National Company Law Tribunal, Ahmedabad, Special Bench, Court-1, by an Order dated 04th March, 2024, has sanctioned the Scheme of Arrangements involving Demerger.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Feb - The Unaudited Financial Results for the 03rd Quarter ended on December 31, 2023, for the Financial Year 2023-24, pursuant to Regulation 47 of the SEBI …
- Outcome Of The Board Meeting Dated February 08, 2024 8 Feb
Annual reports
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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
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Business Overview:[1][2]
MRTL is a part of the Mahalaxmi Group. It is an ISO 9001:2000 certified research-based, technology-driven company that manufactures Offset printing Blankets, niche textile and Rubber products. Company is the only Indian manufacturer with inhouse facility from Yan to offset printing blanket. Company does weaving and processing of fabric (own and job work) and manufacturing of technical textiles (rubber offset printing blankets)