Mahalaxmi Rubtec

What does Mahalaxmi Rubtec do?

Mahalaxmi Rubtech Ltd manufactures and markets traditional and polymer-based technical textiles and rubber, operating in the Garments & Apparels industry. As of March 2025, it reported net sales of ₹23 Cr and a net profit of ₹5 Cr, with a market cap of ₹238 Cr.

Overview: <BR>Mahalaxmi Rubtech Ltd is engaged in the manufacturing and marketing of traditional textiles and polymer-based technical textiles and rubber, operating within the micro-cap segment of the Garments & Apparels industry.<BR><BR>History: <BR>Mahalaxmi Rubtech Limited was incorporated in September 1991 in the State of Gujarat as a Public Limited Company. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 23 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 238 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 26.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.08 <BR>Return on Equity: 9.94% <BR>Price to Book: 2.58<BR><BR>Contact Details: <BR>Address: 47 New Cloth Market, Ahmedabad, Gujarat: 380002 <BR>Tel: 91-079-40008000 <BR>Email: cs@mahalaxmigroup.net <BR>Website: http://www.mrtglobal.com

What is the bonus history of the Mahalaxmi Rubtec?

Mahalaxmi Rubtec issued a bonus in a 1:4 ratio on April 23, 2007, granting shareholders one additional share for every four shares held, with a record date of April 24, 2007.

Mahalaxmi Rubtec has a bonus history that includes a significant issue announced on April 23, 2007. The company issued a bonus in the ratio of 1:4, meaning that for every four shares held, shareholders received one additional share. The record date for this bonus was April 24, 2007. If you have any more questions about the company or its financials, feel free to ask!

Has Mahalaxmi Rubtec declared dividend?

Mahalaxmi Rubtech Ltd has declared a 5% dividend, amounting to ₹0.05 per share, with an ex-date of September 20, 2012. However, the dividend yield is 0%, as there have been no recent dividends affecting total returns, which have shown significant price appreciation over various periods.

Mahalaxmi Rubtech Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.05<BR>- Ex-date: 20 Sep 12<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 43.88%, with a dividend return of 0%, resulting in a total return of 43.88%.<BR><BR>Over the past year, the price return was 7.57%, with a dividend return of 0%, leading to a total return of 7.57%.<BR><BR>In the 2-year period, the price return was -5.26%, with a dividend return of 0%, culminating in a total return of -5.26%.<BR><BR>For the 3-year period, the price return was 70.1%, with a dividend return of 0%, which resulted in a total return of 70.1%.<BR><BR>In the last 4 years, the price return was 348.9%, with a dividend return of 0%, giving a total return of 348.9%.<BR><BR>Over the 5-year period, the price return was 746.98%, with a dividend return of 0%, resulting in a total return of 746.98%.<BR><BR>Overall, Mahalaxmi Rubtech Ltd has declared a dividend, but the dividend yield is 0%, indicating that while the company has provided dividends in the past, there have been no recent dividends affecting total returns. The total returns over various periods show significant price appreciation, especially over the longer term.

Who are the peers of the Mahalaxmi Rubtec?

Mahalaxmi Rubtec's peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, RRIL, Virat Industries, Lorenzini Appar., and Indian CardCloth. Its 1-year return is 7.03%, lower than Virat Industries' 232.42% but higher than Vedant Fashions' -24.65%.

Peers: The peers of Mahalaxmi Rubtec are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, RRIL, Virat Industries, Lorenzini Appar., and Indian CardCloth.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent and Lorenzini Appar. Average management risk is present at Trident and Virat Industries, and the rest have Below Average management risk, including Mahalaxmi Rubtec, RRIL, and Indian CardCloth. Growth is Excellent for K P R Mill Ltd and management risk is Good for Trent, while Below Average growth is noted for Page Industries, Vedant Fashions, Trident, Mahalaxmi Rubtec, RRIL, Indian CardCloth, and the rest. Capital Structure is Excellent for Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good capital structure is seen at Mahalaxmi Rubtec, Trident, and Virat Industries, and the rest have Below Average or Average capital structures.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Virat Industries at 232.42%, while Vedant Fashions has the lowest at -24.65%. Mahalaxmi Rubtec's 1-year return is 7.03%, which is higher than Vedant Fashions but significantly lower than Virat Industries. Additionally, peers with negative six-month returns include Trent, Vedant Fashions, Trident, RRIL, and Lorenzini Appar.

What is the technical trend for Mahalaxmi Rubtec?

As of June 3, 2025, Mahalaxmi Rubtec shows a mildly bullish trend driven by daily moving averages and a bullish monthly MACD, despite mixed signals from weekly indicators.

As of 3 June 2025, the technical trend for Mahalaxmi Rubtec has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD is mildly bearish, contrasting with the monthly MACD which is bullish. The RSI shows no signal on the weekly timeframe but is bearish on the monthly. Bollinger Bands are sideways on the weekly but bullish on the monthly. The KST remains mildly bearish across both timeframes, and the Dow Theory indicates no trend in both weekly and monthly analyses. Overall, the current stance is mildly bullish, driven primarily by the daily moving averages and the monthly MACD.

Who are in the management team of Mahalaxmi Rubtec?

As of March 2022, the management team of Mahalaxmi Rubtec includes Jeetmal B Parkeh (Chairman), Rahul J Parkeh (Managing Director), Anand J Parekh (Joint Managing Director), and several independent directors, along with Shital Mistry as Company Secretary. Each member contributes to the company's governance and management.

As of March 2022, the management team of Mahalaxmi Rubtec includes the following individuals:<BR><BR>1. Jeetmal B Parkeh - Chairman (Non-Executive)<BR>2. Rahul J Parkeh - Managing Director<BR>3. Anand J Parekh - Joint Managing Director<BR>4. Sangita Sandeep Singhi - Non-Executive & Independent Director<BR>5. Balveermal Kewalmal Singhvi - Independent Director<BR>6. Nehal M Shah - Independent Director<BR>7. Shital Mistry - Company Secretary & Compliance Officer<BR><BR>Each member plays a distinct role in the governance and management of the company.

Who are the top shareholders of the Mahalaxmi Rubtec?

The top shareholders of Mahalaxmi Rubtec include promoter Rahul Jeetmal Parekh with 17.3%, public shareholder Nishant Pitti with 13.13%, and individual investors holding 27.85%. There are minimal institutional holdings, with no pledged promoter shares.

The top shareholders of Mahalaxmi Rubtec include the promoters, with Rahul Jeetmal Parekh holding the highest stake at 17.3%. The highest public shareholder is Nishant Pitti, who owns 13.13%. Additionally, individual investors collectively hold 27.85% of the company's shares. There are also some institutional holdings, with mutual funds holding 0.07% through one scheme and foreign institutional investors (FIIs) holding 0.09% through two FIIs. Notably, there are no pledged promoter holdings.

How big is Mahalaxmi Rubtec?

As of 24th July, Mahalaxmi Rubtech Ltd has a market capitalization of 239.00 Cr, with recent net sales of 284.91 Cr and a net profit of 9.11 Cr. Shareholder's funds are 87.32 Cr, and total assets are valued at 210.38 Cr as of March 2023.

As of 24th July, Mahalaxmi Rubtech Ltd has a market capitalization of 239.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 284.91 Cr and a Net Profit of 9.11 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023, with Shareholder's Funds amounting to 87.32 Cr and Total Assets valued at 210.38 Cr.

When is the next results date for Mahalaxmi Rubtec?

The next results date for Mahalaxmi Rubtec is 12 August 2025.

The next results date for Mahalaxmi Rubtec is scheduled for 12 August 2025.

Is Mahalaxmi Rubtec overvalued or undervalued?

As of November 17, 2025, Mahalaxmi Rubtec is considered undervalued with a PE ratio of 26.92 and strong growth potential, outperforming peers and the Sensex with a 46.36% return over the past year.

As of 17 November 2025, Mahalaxmi Rubtec's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently assessed as undervalued, particularly when considering its PE ratio of 26.92, EV to EBITDA of 12.80, and a PEG ratio of 0.43, which suggests strong growth potential relative to its price. <BR><BR>In comparison to its peers, Mahalaxmi Rubtec's valuation metrics stand out; for instance, K P R Mill Ltd is deemed very expensive with a PE ratio of 44.24, while Trident, another attractive peer, has a PE ratio of 32.69. This positions Mahalaxmi Rubtec favorably within the garments and apparels industry. Notably, the company's stock has outperformed the Sensex over the past year, returning 46.36% compared to the Sensex's 9.50%, reinforcing the narrative of its undervaluation.

How has been the historical performance of Mahalaxmi Rubtec?

Mahalaxmi Rubtec has shown steady growth, with net sales increasing from 197.32 crore in March 2022 to 267.49 crore in March 2023, and profit after tax rising to 8.44 crore. Despite a slight decrease in earnings per share, the company maintains a balanced financial position with total assets and liabilities both at 210.38 crore.

Answer:<BR>The historical performance of Mahalaxmi Rubtec shows a steady growth in net sales and profit over the years, with significant increases noted in the latest fiscal year ending March 2023.<BR><BR>Breakdown:<BR>Mahalaxmi Rubtec's net sales rose from 197.32 crore in March 2022 to 267.49 crore in March 2023, reflecting a strong growth trend. The total operating income also increased correspondingly, reaching 267.49 crore in March 2023. The company's raw material costs rose to 149.43 crore in March 2023 from 106.95 crore in the previous year, while total expenditure (excluding depreciation) increased to 248.77 crore. Operating profit, excluding other income, was reported at 18.72 crore, leading to an overall operating profit of 24.37 crore for March 2023. Profit before tax improved to 10.82 crore, with profit after tax also rising to 8.44 crore, compared to 7.29 crore in March 2022. The earnings per share decreased slightly to 5.49 from 6.86, while the book value per share increased to approximately 56.79. On the balance sheet, total assets grew to 210.38 crore, with total liabilities at 210.38 crore as well, indicating a balanced financial position. Cash flow from operating activities decreased to 6.00 crore, but the net cash inflow for the year was 8.00 crore, up from a net outflow of 5.00 crore in the previous year.

Are Mahalaxmi Rubtech Ltd latest results good or bad?

Mahalaxmi Rubtech Ltd's latest Q3 FY26 results are strong, with a record net profit of ₹6.04 crores and a 167.26% year-on-year growth, alongside improved sales and profit margins. However, low return on equity and stock trading below its 52-week high raise concerns about sustainability, suggesting a cautious outlook.

Mahalaxmi Rubtech Ltd's latest results for Q3 FY26 can be considered quite strong overall. The company achieved a record net profit of ₹6.04 crores, which reflects a remarkable year-on-year growth of 167.26%. This performance marks the highest quarterly profit in the company's history, indicating robust operational momentum.<BR><BR>Additionally, net sales for the quarter reached ₹80.66 crores, showing a year-on-year increase of 7.65%. The profit after tax (PAT) margin improved significantly to 7.49%, up from 3.02% in the previous quarter, highlighting enhanced efficiency in operations.<BR><BR>However, there are some concerns to note. The average return on equity (ROE) remains low at 7.69%, which is below the expected threshold for quality businesses. Furthermore, despite the strong profit surge, the stock has been under selling pressure and is trading significantly below its 52-week high, indicating potential market skepticism about the sustainability of this performance.<BR><BR>In summary, while the latest results showcase impressive profitability and operational improvements, the underlying concerns regarding capital efficiency and market performance suggest a cautious outlook.

Should I buy, sell or hold Mahalaxmi Rubtech Ltd?

Why is Mahalaxmi Rubtech Ltd falling/rising?

As of 20-Feb, Mahalaxmi Rubtech Ltd's stock price is Rs 192.11, reflecting a slight increase, but it has declined 6.59% year-to-date and 16.96% over the past year, underperforming the Sensex. Despite strong financial results and low debt, the stock's erratic trading and decreased investor participation suggest ongoing challenges.

As of 20-Feb, Mahalaxmi Rubtech Ltd's stock price is currently at Rs 192.11, reflecting a slight increase of 0.65 (0.34%). Despite this recent uptick, the stock has shown a negative trend over the longer term, with a year-to-date decline of 6.59% and a significant drop of 16.96% over the past year. <BR><BR>The stock's performance has been relatively poor compared to the benchmark Sensex, which has gained 11.60% over the same one-year period. Additionally, the stock has experienced a decline of 33.05% over the last three years, while the Sensex has increased by 43.30%. This indicates that Mahalaxmi Rubtech Ltd has not kept pace with broader market trends.<BR><BR>Today's trading activity shows that the stock has not traded on three out of the last twenty days, suggesting erratic trading patterns. Furthermore, there has been a notable decrease in investor participation, with delivery volume falling by 45.23% compared to the five-day average. This decline in trading volume can contribute to a lack of confidence among investors.<BR><BR>On a positive note, the company has reported strong financial results over the last nine consecutive quarters, with profits rising by 30.7% despite the stock's poor performance. The company's low debt-to-equity ratio and attractive valuation metrics, such as a PEG ratio of 0.3, indicate potential for growth. However, the stock is currently trading below its peers' average historical valuations, which may be contributing to its subdued price movement.<BR><BR>In summary, while there is a slight rise in the stock price today, the overall trend shows significant declines over various periods, coupled with declining investor participation and erratic trading, which are likely influencing the stock's performance negatively.

Which are the latest news on Mahalaxmi Rubtec?