Mahalaxmi Rubtech Ltd

Mahalaxmi Rubtec Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mahalaxmi Rubtech Ltd

₹ 274 -0.44%
29 Mar - close price
mrtglobal.com BSE: 514450 NSE : MHLXMIRU
About

Mahalaxmi Rubtech Ltd. is a Textile manufacturing company and a part of the Mahalaxmi Group of Industries. It is engaged in the manufacturing and marketing of products of Traditional Textile and Technical Textile. Mahalaxmi Rubtech Limited is headquartered in Ahmedabad, India and all facilities are located within 50 Kms within each other [1] [2] [3]

Key Points

Company History
Mahalaxmi Rubtech Ltd was established in 1991 and was a manufacturer of textile chemicals, dyes and rubber industries. In 2008 it merged Mahalaxmi Fabric Mills Pvt Ltd started textile manufacturing and is also exporting its products. [1] [2]

Website BSE NSE
  • Market Cap ₹ 291 Cr.
  • Current Price ₹ 274
  • High / Low ₹ 308 / 103
  • Stock P/E 32.3
  • Book Value ₹ 77.8
  • Dividend Yield 0.00 %
  • ROCE 10.3 %
  • ROE 8.13 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.52 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 -0.48% over past five years.
  • Company has a low return on equity of 6.63% over last 3 years.
  • Earnings include an other income of Rs.6.58 Cr.
  • Promoter holding has decreased over last 3 years: -5.12%

* 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 - Products

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
40.02 40.18 10.56 32.42 39.13 56.29 35.24 45.98 50.00 66.09 59.54 66.77 66.25
36.44 36.26 9.43 26.63 34.05 50.65 31.63 41.95 46.03 59.98 56.28 62.02 60.90
Operating Profit 3.58 3.92 1.13 5.79 5.08 5.64 3.61 4.03 3.97 6.11 3.26 4.75 5.35
OPM % 8.95% 9.76% 10.70% 17.86% 12.98% 10.02% 10.24% 8.76% 7.94% 9.24% 5.48% 7.11% 8.08%
0.13 0.94 0.15 0.25 0.13 2.21 0.74 0.73 1.04 2.33 2.73 0.86 0.66
Interest 0.32 0.28 0.35 0.39 0.30 2.14 0.72 0.87 1.24 1.42 1.25 1.17 1.23
Depreciation 2.15 3.42 2.29 2.30 2.37 2.44 1.91 1.91 2.00 2.69 2.07 2.09 2.13
Profit before tax 1.24 1.16 -1.36 3.35 2.54 3.27 1.72 1.98 1.77 4.33 2.67 2.35 2.65
Tax % 35.48% 2.59% 23.53% 20.30% 24.41% 22.63% 15.12% 30.30% 19.77% 29.79% 25.09% 20.43% 20.00%
Net Profit 0.80 1.13 -1.04 2.67 1.92 2.53 1.46 1.37 1.43 3.03 2.01 1.86 2.11
EPS in Rs 0.60 0.85 -0.78 2.00 1.44 1.90 1.10 1.03 1.35 2.85 1.89 1.75 1.99
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
202 228 186 181 138 197 259
188 214 170 164 121 179 239
Operating Profit 14 13 16 16 18 18 19
OPM % 7% 6% 8% 9% 13% 9% 8%
0 2 2 3 3 5 7
Interest 2 2 2 3 3 4 5
Depreciation 8 8 9 10 9 9 9
Profit before tax 5 6 6 6 8 10 12
Tax % 33% 33% 20% 23% 22% 26%
Net Profit 3 4 5 5 6 7 9
EPS in Rs 3.41 3.32 3.72 3.45 4.56 6.86 8.48
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 0%
3 Years: 2%
TTM: 38%
Compounded Profit Growth
10 Years: %
5 Years: 16%
3 Years: 16%
TTM: 33%
Stock Price CAGR
10 Years: 24%
5 Years: 41%
3 Years: 113%
1 Year: 117%
Return on Equity
10 Years: %
5 Years: 6%
3 Years: 7%
Last Year: 8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
10 11 13 13 13 11 11
Reserves 49 58 70 75 81 68 72
36 37 35 33 38 55 62
53 60 54 55 41 59 63
Total Liabilities 148 168 172 176 173 192 207
61 68 68 62 68 67 65
CWIP 1 4 2 11 1 1 0
Investments 0 0 0 0 0 0 0
86 95 102 104 103 124 142
Total Assets 148 168 172 176 173 192 207

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
5 13 11 23 16 8
-5 -18 -6 -15 -17 -13
3 5 2 -8 1 -1
Net Cash Flow 2 0 8 0 0 -5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 68 66 74 73 81 68
Inventory Days 91 84 131 129 143 143
Days Payable 117 113 152 161 156 173
Cash Conversion Cycle 42 36 53 40 68 39
Working Capital Days 45 47 62 48 79 60
ROCE % 6% 7% 7% 9% 10%

Shareholding Pattern

Numbers in percentages

14 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
72.03 72.05 72.24 72.40 72.40 72.40 72.40 66.71 66.71 66.71 66.68 66.68
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.53
0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.07 0.07 0.07 0.07 0.07
27.91 27.90 27.70 27.54 27.54 27.54 27.54 33.22 33.22 33.22 33.20 32.72

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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