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Mahalaxmi Rubtech (MHLXMIRU) had a P/E of 8.7× on 6 Nov 2026, below the industry P/E of 17.0×, and the shares are 23% below their 52-week high. Its ROCE of 33% is the highest among the 7 largest Textile Manufacturing peers, and sales and net profit grew 17% and 26% a year over 3 years. Debt is 0.13× equity. It is a small-cap company with a market cap of ₹201 Cr, ranked 87th of 246 Textile Manufacturing companies by market cap; the shares fell 15% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹184.00
Day high
₹188.98
Day low
₹180.00
Prev. close
₹179.99
Volume
14.7K

Health check

5 good · 1 to check
  • ReturnsBehind

    −14.9% over a year, better than 1 of 7 peers.

  • Price tagCheaper

    P/E 8.7 vs industry 17.0.

  • GrowthStrong

    Sales +17.0%, profit +26.0% a year over 3 years.

  • ProfitabilityStrong

    ROCE 32.7% vs peer median 10.7%.

  • Balance sheetSolid

    Debt 0.13× equity, interest covered 52.0×, Piotroski 7 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Textile Manufacturing

245 listed peers. Screen the industry

Small cap

₹201 Cr, #87 of 246 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹118 Cr · profit ₹23 Cr
Market cap
₹201 Cr
Small cap
P/E
8.7
Industry 17.0
Price to book
2.21
Peers 3.81
Dividend yield
0.00%
ROE
27.3%
Peers 10.1%
ROCE
32.7%
Peers 10.7%
Debt to equity
0.13
Debt ₹12 Cr
EPS (TTM)
₹21.76
Face value ₹10
OPM (TTM)
25.7%
Net margin 19.5%
Sales growth
+25.9%
Latest quarter vs a year ago
Profit growth
+29.9%
Latest quarter vs a year ago
Price to sales
1.69
EV/EBITDA 5.3

Strengths and risks

Strengths

  • Return on equity of 27.3%.
  • Return on capital employed of 32.7%.
  • Quarterly profit up 29.9% on a year ago.
  • Quarterly sales up 25.9% on a year ago.
  • P/E of 8.7 against an industry P/E of 17.0.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Mahalaxmi Rubtech

Mahalaxmi Rubtech Limited engages in the manufacturing and marketing of technical textiles and rubber products in India. It offers yarn, grey fabric, rubber, chemicals, and technical textile fabric, and rubber printing blankets. The company also provides imprint technology, such as underlay, xpeedo-web, rapid-web, print UV, royal green, robusto, spectra, stripcoat, ultra, and polset for sheetfed/conventional, UV printing, packaging, stripping coating,…

Headquarters
Ahmedabad
Employees
260
Sector
Consumer Cyclical
ISIN
INE112D01035
Website
mrtglobal.com

Price range

52 weeks

₹105.53₹244.65

Today

₹180.00₹188.98
Avg volume (3M)
13.3K
1-year return
minus 14.9%
From 52-week high
minus 22.8%

Peers · Textile Manufacturing

Compare with peersScreen the whole industry
Company
KPRMILLK.P.R. Mill1,164.40minus 0.25%39,88338.36.4120.0%18.0%22.1%2.3%2.1%0.43%plus 10.5%
WELSPUNLIVWelspun Living241.30minus 4.75%22,71752.84.475.8%8.8%28.7%5.7%0.9%0.04%plus 96.2%
VTLVardhman Textiles508.80minus 4.89%14,72914.31.388.6%7.3%13.7%−0.8%−2.1%0.98%plus 22.2%
ARVINDArvind494.75minus 0.58%12,96928.43.1015.4%11.1%10.9%3.4%0.8%0.91%plus 57.3%
TRIDENTTrident23.88plus 0.08%12,16825.42.5310.7%10.1%14.9%1.8%−5.1%2.09%minus 16.6%
ICILIndo Count Industries489.85minus 2.25%9,70239.83.819.5%5.5%9.7%11.6%−22.9%0.31%plus 78.7%
GARFIBRESGarware Technical Fibres715.65minus 2.13%6,98829.84.9719.3%15.3%19.2%5.6%4.9%1.26%minus 3.9%
MHLXMIRUMahalaxmi Rubtech188.85plus 4.92%2018.72.2132.7%27.3%20.0%17.0%26.0%0.00%minus 14.9%
Median of 7 peers–−2.13%12,96929.83.8110.7%10.1%14.9%3.4%0.8%0.91%22.2%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
25.13027.429.631.5
18.422.319.422.124.2
6.67.687.47.4
26.5%25.4%29.3%25.2%23.4%
0.61.11.21.31.4
0.20.10.10.20.1
0.80.911.21.1
6.27.78.27.37.7
28.7%23.5%26.1%26.0%24.7%
4.45.965.45.8
4.185.535.695.115.43

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+17.0%
Profit CAGR 3Y
+26.0%
EPS CAGR 3Y
+26.0%
ROE
27.3%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6976.191.2111
–+10.3%+19.8%+21.3%
52.157.566.980.5
16.918.624.330.1
24.5%24.5%26.6%27.2%
0.91.12.43.9
1.91.410.6
3.53.63.73.8
−00.1−0.1−0.2
12.414.821.929.4
12.0%25.4%23.5%26.0%
10.91116.821.8
–+1.3%+52.0%+29.8%
10.2510.3915.8020.51

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
10.610.610.610.6
31.142.358.180.1
18.41614.611.6
12.113.315.113.1
72.182.298.5115
30.730.929.734.7
0.41.83.12.6
0.20.20.36.1
10.821.928.239.3
30.127.437.332.6
72.182.298.5115

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
−316.613.727.7
2.6−8.3−8.6−19.9
−7.5−3.7−2.4−3.6
−7.84.62.84.2
−2.7−2.9−2.9−9.7
−5.613.810.818

Shareholding pattern

Source: NSE filings
64.8%
promoters
  • Promoters64.80%
  • Public35.20%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202664.80%35.20%0.00
30 Jun 202664.80%35.20%0.00
31 Mar 202664.80%35.20%0.00
31 Dec 202564.80%35.20%0.00
30 Sep 202564.80%35.20%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you