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 ₹ 181 Cr.
- Current Price ₹ 171
- High / Low ₹ 259 / 150
- Stock P/E 19.9
- 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: | 23% |
| 5 Years: | 38% |
| 3 Years: | -2% |
| 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 |
| Free Cash Flow | -0 | -4 | 5 | 11 | 10 | 2 | 3 |
| CFO/OP | 42% | 115% | 86% | 151% | 104% | 86% | 47% |
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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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - We wish to inform your good self regarding newspaper publication of financial results for the 4th quarter and year ended on March 31, 2026.
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Board Meeting Outcome for The Board Has Considered And Approved The Financial Results For The 4Th Quarter And Year Ended On March 31, 2026, For The Financial Year 2025-2026
28 May - Board approved audited FY26 results; auditors issued unmodified opinion.
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Results For The Financial Year Ended March 31, 2026.
28 May - Board approved audited Q4 and FY2025-26 results; auditors issued unqualified report.
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Appointment Of Internal Auditor And Tax Auditor.
28 May - Mahalaxmi Rubtech reappointed cost, internal, and tax auditors for FY 2026-27 on May 28, 2026.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
21 May - Postal ballot resolutions passed on May 20, 2026: reappoint Singhvi, continue him beyond 75, regularise Renukaben Patel.
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)