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 ₹ 167 Cr.
- Current Price ₹ 157
- High / Low ₹ 259 / 106
- Stock P/E 18.3
- 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: | 29% |
| 3 Years: | 9% |
| 1 Year: | -29% |
| 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 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export Sales as % of Total Sales % ・Standalone data |
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| Rubber/Technical Textiles Revenue Share % ・Standalone data |
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| Technical Textile Division Revenue ₹ crore ・Standalone data |
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| Installed Capacity - Fabric (Weaving) lakh meters p.a. ・Standalone data |
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| Installed Capacity - Fabric Processing lakh meters p.a. ・Standalone data |
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| Total Permanent Employees count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Copy of Publication of Advertisement regarding 35th AGM of the Company
- Reg. 34 (1) Annual Report.
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Notice Of The 35Th Annual General Meeting (AGM) Of The Company
- 35th AGM on September 25, 2026; approvals for financials, director reappointments, auditors, and MD remuneration.
- Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Publication of Advertisement regarding 35th Annual General Meeting of the Company.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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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)