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 ₹ 162 Cr.
- Current Price ₹ 166
- High / Low ₹ 272 / 155
- Stock P/E 17.8
- Book Value ₹ 86.4
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 8.49 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.28% over past five years.
- Company has a low return on equity of 7.73% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 202 | 228 | 186 | 181 | 138 | 197 | 267 | 285 | |
| 188 | 214 | 170 | 164 | 121 | 179 | 249 | 265 | |
| Operating Profit | 14 | 13 | 16 | 16 | 18 | 18 | 19 | 20 |
| OPM % | 7% | 6% | 8% | 9% | 13% | 9% | 7% | 7% |
| 0 | 2 | 2 | 3 | 3 | 5 | 6 | 5 | |
| Interest | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 5 |
| Depreciation | 8 | 8 | 9 | 10 | 9 | 9 | 8 | 8 |
| Profit before tax | 5 | 6 | 6 | 6 | 8 | 10 | 11 | 12 |
| Tax % | 33% | 33% | 20% | 23% | 22% | 26% | 22% | |
| 3 | 4 | 5 | 5 | 6 | 7 | 8 | 9 | |
| EPS in Rs | 3.40 | 3.31 | 3.73 | 3.46 | 4.56 | 6.88 | 7.96 | 8.59 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 14% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 17% |
| TTM: | 1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 42% |
| 3 Years: | -6% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 11 | 13 | 13 | 13 | 11 | 11 | 11 |
| Reserves | 53 | 60 | 70 | 75 | 81 | 68 | 77 | 81 |
| 36 | 37 | 35 | 33 | 38 | 55 | 56 | 52 | |
| 49 | 58 | 54 | 55 | 41 | 59 | 67 | 70 | |
| Total Liabilities | 148 | 168 | 172 | 176 | 173 | 192 | 210 | 214 |
| 61 | 68 | 68 | 62 | 68 | 67 | 64 | 62 | |
| CWIP | 1 | 4 | 2 | 11 | 1 | 1 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 86 | 95 | 102 | 104 | 103 | 124 | 146 | 150 | |
| Total Assets | 148 | 168 | 172 | 176 | 173 | 192 | 210 | 214 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| 5 | 13 | 11 | 23 | 16 | 8 | 6 | |
| -5 | -18 | -6 | -15 | -17 | -13 | 9 | |
| 3 | 5 | 2 | -8 | 1 | -1 | -7 | |
| Net Cash Flow | 2 | 0 | 8 | 0 | 0 | -5 | 9 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 68 | 66 | 74 | 73 | 81 | 68 | 66 |
| Inventory Days | 91 | 84 | 131 | 129 | 143 | 143 | 132 |
| Days Payable | 117 | 113 | 152 | 161 | 156 | 173 | 147 |
| Cash Conversion Cycle | 42 | 36 | 53 | 40 | 68 | 39 | 51 |
| Working Capital Days | 13 | 15 | 18 | 10 | 5 | -10 | -2 |
| ROCE % | 6% | 7% | 7% | 9% | 10% | 10% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Receivables Turnover Times |
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| Export Share of Total Sales % |
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| Revenue from Rubber / Technical Textile Products INR Lakhs |
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| Traditional Textile Segment Contribution to Revenue % |
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| Number of Permanent Employees Absolute ・Standalone data |
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| Installed Processing Capacity (Fabric) Lakh Meters Per Annum ・Standalone data |
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| Installed Weaving Capacity (Fabric) Lakh Meters Per Annum ・Standalone data |
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Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Feb - The Unadited Financial Results for the 03rd Quarter and Nine Months ended on December 31, 2025, for the financial year 2025-26, Pursuant to Regulation 47 …
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Board Meeting Outcome for Outcome Of Board Meeting Dated February 12, 2026.
12 Feb - Approved unaudited Q3 & 9M results ended 31 Dec 2025; Q3 revenue ₹2,739.36 lakh, PAT ₹604.13 lakh.
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Outcome Of Board Meeting Dated February 12, 2026
12 Feb - Approved unaudited Q3 and 9M results (Dec 31, 2025): Q3 revenue Rs2,739.36 lakh; Q3 profit Rs604.13 lakh.
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Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Thursday, February 12, 2026.
5 Feb - Board meeting on Feb 12, 2026 to approve unaudited Q3 results for quarter ended Dec 31, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jan - In Compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, kindly find attached a copy of the certificate dated January 01, 2026, received …
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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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)