Mahalaxmi Rubtech Ltd

Mahalaxmi Rubtec Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Mahalaxmi Rubtech Ltd

₹ 222 -1.06%
09 Apr - close price
mrtglobal.com BSE: 514450 NSE: MHLXMIRU
About

Incorporated in 1991, Mahalaxmi Rubtech Ltd does manufacturing and marketing of Traditional Textiles and Polymer based Technical Textiles & Rubber products[1]

Key Points

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)

Website BSE NSE
  • Market Cap ₹ 236 Cr.
  • Current Price ₹ 222
  • High / Low ₹ 326 / 138
  • Stock P/E 14.7
  • Book Value ₹ 56.8
  • Dividend Yield 0.00 %
  • ROCE 25.3 %
  • ROE 23.3 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 20.0% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -16.1% over past five 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

Sector: Textiles Industry: Textiles - Processing

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
45.76 45.14 48.82 48.54 46.84 19.15 50.13 19.04 19.88 20.96 20.60 23.62 25.02
42.05 41.29 46.34 44.14 42.10 14.26 46.45 15.76 16.50 14.13 15.79 18.15 17.52
Operating Profit 3.71 3.85 2.48 4.40 4.74 4.89 3.68 3.28 3.38 6.83 4.81 5.47 7.50
OPM % 8.11% 8.53% 5.08% 9.06% 10.12% 25.54% 7.34% 17.23% 17.00% 32.59% 23.35% 23.16% 29.98%
1.04 1.99 2.67 0.92 0.71 0.31 0.89 0.59 0.29 0.40 0.41 0.53 0.88
Interest 1.18 0.99 1.00 1.06 1.14 0.53 0.83 0.37 0.32 0.47 0.33 0.22 0.25
Depreciation 2.00 2.68 2.05 2.08 2.11 0.91 1.96 0.94 0.94 0.84 0.96 0.97 0.90
Profit before tax 1.57 2.17 2.10 2.18 2.20 3.76 1.78 2.56 2.41 5.92 3.93 4.81 7.23
Tax % 24.20% 28.57% 25.24% 19.72% 19.09% 2.66% 29.21% 28.52% 19.92% 34.46% 17.30% 27.44% 25.17%
1.19 1.55 1.57 1.75 1.77 3.66 1.26 1.84 1.93 3.88 3.26 3.49 5.42
EPS in Rs 1.12 1.46 1.48 1.65 1.67 3.45 1.19 1.74 1.82 3.66 3.08 3.29 5.11
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
122 149 144 168 202 228 185 180 137 170 69 77 90
113 137 132 155 188 214 169 163 119 155 53 59 66
Operating Profit 9 12 12 13 14 13 15 16 18 15 17 18 25
OPM % 7% 8% 8% 8% 7% 6% 8% 9% 13% 9% 24% 24% 27%
1 0 1 1 0 2 2 3 3 4 1 2 2
Interest 2 3 2 2 2 2 2 3 3 4 2 2 1
Depreciation 5 6 7 7 8 8 9 10 9 8 4 4 4
Profit before tax 3 3 4 5 5 6 6 6 8 7 12 15 22
Tax % 31% 31% 33% 35% 33% 33% 20% 23% 22% 25% 12% 25%
2 2 3 3 3 4 5 5 6 5 11 11 16
EPS in Rs 2.51 2.60 3.31 3.50 3.40 3.31 3.71 3.62 4.59 5.11 10.27 10.41 15.14
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -6%
5 Years: -16%
3 Years: -17%
TTM: -17%
Compounded Profit Growth
10 Years: 17%
5 Years: 20%
3 Years: 22%
TTM: 85%
Stock Price CAGR
10 Years: 24%
5 Years: 60%
3 Years: 33%
1 Year: -5%
Return on Equity
10 Years: 8%
5 Years: 10%
3 Years: 14%
Last Year: 23%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 10 11 13 13 13 11 11 11 11
Reserves 34 36 39 42 53 60 70 75 81 66 31 42 50
48 50 43 44 36 37 35 33 38 51 18 16 12
31 25 29 42 49 58 54 54 41 53 12 13 17
Total Liabilities 122 120 120 136 148 168 172 175 173 180 72 82 89
65 68 62 65 61 68 68 62 66 64 30 29 28
CWIP 4 1 2 0 1 4 2 11 1 1 0 1 1
Investments 0 0 0 0 0 0 0 0 0 3 0 0 0
52 51 55 72 86 95 102 103 105 112 41 52 59
Total Assets 122 120 120 136 148 168 172 175 173 180 72 82 89

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 0 12 15 5 13 11 23 14 16 -3 17
0 0 -2 -8 -5 -18 -6 -15 -15 -12 15 -8
0 0 -9 -0 3 5 2 -8 1 -10 -8 -4
Net Cash Flow 0 0 2 7 2 0 8 0 0 -6 4 5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 51 52 71 66 68 66 74 72 81 63 46 45
Inventory Days 139 94 86 103 91 84 129 125 145 146 203 156
Days Payable 115 72 103 134 117 113 154 158 160 186 85 54
Cash Conversion Cycle 74 73 54 36 42 36 49 39 67 23 164 147
Working Capital Days 55 55 54 41 45 47 63 49 86 58 105 84
ROCE % 5% 7% 7% 7% 7% 6% 7% 7% 9% 8% 15% 25%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
66.71% 66.71% 66.68% 66.68% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80% 64.80%
0.00% 0.00% 0.04% 0.53% 0.58% 0.00% 0.00% 0.00% 0.00% 0.57% 0.57% 0.09%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
33.22% 33.22% 33.20% 32.72% 34.54% 35.12% 35.13% 35.11% 35.10% 34.55% 34.56% 35.04%
No. of Shareholders 5,6615,1135,1684,8434,9025,3425,0794,5844,3455,5686,4646,244

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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