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 03-Apr, Mahalaxmi Rubtech Ltd's stock price is at 165.00, down 0.12%. The stock has significantly underperformed year-to-date and over the past year, with a notable decline in investor participation contributing to its bearish trend.

As of 03-Apr, Mahalaxmi Rubtech Ltd's stock price is currently at 165.00, reflecting a decrease of 0.2, or 0.12%. The stock has shown a trend of falling, particularly after experiencing two days of consecutive gains prior to this decline. Over the past week, the stock has underperformed with a decrease of 0.90%, while the benchmark Sensex has fallen by 2.60%. <BR><BR>In terms of longer-term performance, the stock has declined significantly year-to-date by 19.79%, compared to a 13.96% drop in the Sensex. Over the past year, Mahalaxmi Rubtech Ltd has seen a substantial decline of 29.21%, while the Sensex has only decreased by 4.30%. The three-year performance shows a stark contrast, with the stock down 40.68% compared to a 24.29% increase in the Sensex, although it has performed well over five years with a gain of 343.55% against the Sensex's 46.55%.<BR><BR>Today's trading activity indicates a notable drop in investor participation, with delivery volume on April 1 falling by 75.05% compared to the five-day average. This decline in trading volume suggests reduced interest from investors, contributing to the stock's downward movement. Additionally, while the stock is currently higher than its five-day moving averages, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the medium to long term. <BR><BR>Overall, the combination of recent performance trends, decreased investor participation, and relative underperformance against the benchmark indices are key factors contributing to the current decline in Mahalaxmi Rubtech Ltd's stock price.

Why is Mahalaxmi Rubtech Ltd falling/rising?

As of 04-Apr, Mahalaxmi Rubtech Ltd's stock price is at 165.00, down 0.2 (-0.12%), indicating a potential reversal after recent gains. The stock has significantly underperformed the market, with a year-to-date decline of 19.79% compared to the Sensex's 13.96%, and a notable drop in investor participation may be contributing to its falling price.

As of 04-Apr, Mahalaxmi Rubtech Ltd's stock price is currently at 165.00, reflecting a decrease of 0.2 (-0.12%). The stock has shown a trend of falling after two consecutive days of gains, indicating a potential reversal in its recent performance. Over the past week, the stock has underperformed with a decline of 0.90%, while the benchmark Sensex has decreased by 2.60%. <BR><BR>In terms of longer-term performance, the stock has significantly underperformed the market, with a year-to-date decline of 19.79% compared to the Sensex's 13.96%. Over the past year, the stock has dropped by 29.21%, while the Sensex has only fallen by 4.30%. This consistent underperformance against the benchmark over the last three years highlights a troubling trend for investors.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume on April 1 dropping by 75.05% compared to the five-day average. This decline in trading activity may contribute to the stock's falling price. Although the company has reported positive financial results over the last nine consecutive quarters, including a 30.7% increase in profits despite the stock's poor performance, the overall sentiment appears to be negative, leading to the current decline in stock price.

Why is Mahalaxmi Rubtech Ltd falling/rising?

As of 05-Apr, Mahalaxmi Rubtech Ltd's stock price is at 165.00, down 0.12%, reflecting a broader trend of underperformance with a year-to-date drop of 19.79%. Despite outperforming its sector today, the stock shows a longer-term downward trend and decreased investor participation.

As of 05-Apr, Mahalaxmi Rubtech Ltd's stock price is currently at 165.00, reflecting a decrease of 0.2, or 0.12%. The stock has shown a trend of falling after experiencing two consecutive days of gains. This recent decline is part of a broader trend, as the stock has underperformed significantly over various time frames, including a year-to-date drop of 19.79% and a one-year decline of 29.21%. <BR><BR>Additionally, the stock's performance today indicates it has outperformed its sector by 0.75%, but this is overshadowed by the overall negative trajectory. The moving averages indicate that while the stock is higher than its 5-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. <BR><BR>Investor participation has also decreased, with delivery volume falling by 75.05% compared to the 5-day average, indicating reduced interest from investors. This combination of declining performance metrics, lower investor participation, and the recent trend reversal contributes to the stock's current falling price.

Which are the latest news on Mahalaxmi Rubtec?