Mahalaxmi Rubtec

Why is Mahalaxmi Rubtech Ltd falling/rising?

As of 02-Aug, Mahalaxmi Rubtech Ltd's stock price is currently at 140.50, reflecting a slight rise today, but it has experienced significant declines of 31.70% year-to-date and 36.24% over the past year, indicating a negative overall trend despite strong management efficiency and financial performance.

As of 02-Aug, Mahalaxmi Rubtech Ltd's stock price is rising, currently at 140.50, reflecting a change of 1.1 (0.79%) upward. Despite this positive movement today, the stock has shown a significant decline over the longer term, with a year-to-date drop of 31.70% and a one-year decline of 36.24%. <BR><BR>The stock's performance today, however, is juxtaposed against a backdrop of underperformance relative to the sector, with a performance that has lagged by 100.49%. Additionally, the stock has been trading below its moving averages across various time frames, indicating a bearish trend. The delivery volume has also decreased significantly, falling by 54.27% compared to the five-day average, which suggests a decline in investor participation.<BR><BR>On a positive note, the company has demonstrated high management efficiency with a return on equity (ROE) of 15.98% and has consistently reported positive results over the last ten quarters, with a notable growth in net sales and profits. This strong financial performance, combined with a low debt-to-equity ratio of 0.07, indicates a solid foundation for the company. However, despite these strengths, the stock's historical performance has not translated into positive returns for investors, which may contribute to the overall perception of the stock's decline. <BR><BR>In summary, while there is a slight rise in the stock price today, the overall trend remains negative due to significant declines over the past year and underwhelming trading activity.

Which are the latest news on Mahalaxmi Rubtec?

Should I buy, sell or hold Mahalaxmi Rubtech Ltd?

How big is Mahalaxmi Rubtec?

As of 10th June, Mahalaxmi Rubtech Ltd has a market capitalization of 186.00 Cr, with recent net sales of 284.91 Cr and a net profit of 9.11 Cr. The company's shareholder's funds are 87.32 Cr, and total assets amount to 210.38 Cr.

As of 10th June, Mahalaxmi Rubtech Ltd has a market capitalization of 186.00 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>For the latest annual period ending in March 2023, the Shareholder's Funds were 87.32 Cr, and the Total Assets amounted to 210.38 Cr.

Who are in the management team of Mahalaxmi Rubtec?

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: Sangita Sandeep Singhi, Balveermal Kewalmal Singhvi, and Nehal M Shah, along with Shital Mistry as Company Secretary.

The management team of Mahalaxmi Rubtec includes the following members:<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>If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the Mahalaxmi Rubtec?

Mahalaxmi Rubtec's peers include Shiva Texyarn, Bhilwara Tech, T T, Suryalata Spg., N R Vandana, Forcas Studio, Filatex Fash., Jattashankar Ind, and Winsome Textile. Management risk varies from excellent to below average among peers, with N R Vandana showing the highest 1-year return at 73.29% and Mahalaxmi Rubtec at -21.47%.

Peers: The peers of Mahalaxmi Rubtec are Shiva Texyarn, Bhilwara Tech, T T, Suryalata Spg., N R Vandana, Forcas Studio, Filatex Fash., Jattashankar Ind, and Winsome Textile.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mahalaxmi Rubtec, N R Vandana, Forcas Studio, and Winsome Textile, while Average management risk is found at Shiva Texyarn, T T, Suryalata Spg., and the rest. Below Average management risk is present at Bhilwara Tech, Filatex Fash., Jattashankar Ind. Growth is Excellent at Forcas Studio, Good at Shiva Texyarn, N R Vandana, and Average at Suryalata Spg., while Below Average growth is noted at Mahalaxmi Rubtec, T T, Bhilwara Tech, Filatex Fash., Jattashankar Ind, and Winsome Textile. Capital Structure is Excellent at Mahalaxmi Rubtec, Good at Suryalata Spg., Average at Forcas Studio, and Below Average at Shiva Texyarn, Bhilwara Tech, T T, N R Vandana, Filatex Fash., Jattashankar Ind, and Winsome Textile.<BR><BR>Return Snapshot: N R Vandana has the highest 1-year return at 73.29%, while T T has the lowest at -53.87%. Mahalaxmi Rubtec's 1-year return of -21.47% is better than T T's but worse than N R Vandana's. Additionally, peers such as T T, Forcas Studio, Filatex Fash., and Winsome Textile have negative six-month returns.

What does Mahalaxmi Rubtec do?

Mahalaxmi Rubtech Ltd manufactures and markets traditional and polymer-based technical textiles and rubber, operating as a micro-cap company in the Garments & Apparels industry. As of March 2026, it reported net sales of 30 Cr and a net profit of 5 Cr, with a market cap of INR 186 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 Garments & Apparels industry as a micro-cap company.<BR><BR>History: <BR>Mahalaxmi Rubtech Ltd 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 the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 30 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Mar 2026) <BR>Market-cap: INR 186 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 20.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.36 <BR>Return on Equity: 24.03% <BR>Price to Book: 2.04 <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

When is the next results date for Mahalaxmi Rubtech Ltd?

The next results date for Mahalaxmi Rubtech Ltd is 28 May 2026.

The next results date for Mahalaxmi Rubtech Ltd is scheduled for 28 May 2026.

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.

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.

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.

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.

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.

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.