Mahalaxmi Fabric Mills MD, chairman, board of directors and AGM
NSE: MFMLBSE: 544233Textiles & ApparelsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹20.50.
- Next results date: the board meets on 5 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹19 Cr3,965th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 0.2
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 12 Aug 2026
- −2.6%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹7.41 crore of one-off items, the largest of them in the quarter to Sep 2025.
- 5.0%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- 3.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.79
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 33,14969.9% delivered
Mahalaxmi Fabric Mills board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- ChairpersonJEETMAL BHOORCHAND PAREKHRelated to the promoter
- Company Secretary and Compliance OfficerHilery Mashrani
6 directors3 independent1 executive2 non-executive
- JEETMAL BHOORCHAND PAREKH · ChairpersonNon-executive · joined Aug 2022 · reappointed Sep 2022 · 3 listed boards
- RAHUL JEETMAL PAREKHNon-executive · joined Apr 1991 · reappointed Apr 1991 · 3 listed boards · 3 committee seats
- ANAND JEETMAL PAREKHExecutive · joined Jul 2000 · reappointed Apr 2024 · 3 listed boards · 6 committee seats
- SANGITA SHINGIIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 4 listed boards · 4 as independent · 4 committee seats
- NEHAL MAYUR SHAHIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 3 as chair
- INDRA BALVEERMAL SINGHVIIndependent · joined Apr 2024 · reappointed Apr 2024 · 29 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20266 of 6 present3 independent · 14 days in between
- 28 Jul 20266 of 6 present3 independent · 13 days in between
- 14 Jul 20266 of 6 present3 independent · 32 days in between
- 11 Jun 20266 of 6 present3 independent · 14 days in between
3 earlier meetings
- 27 May 20265 of 6 present3 independent · 12 days in between
- 14 May 20265 of 6 present3 independent · 42 days in between
- 1 Apr 20266 of 6 present3 independent
Audit Committee
Chair INDRA BALVEERMAL SINGHVI
ANAND JEETMAL PAREKH, SANGITA SHINGI, NEHAL MAYUR SHAH
- 12 Aug 20264 of 4 present3 independent · 76 days in between
- 27 May 20263 of 4 present3 independent
Nomination and remuneration committee
Chair SANGITA SHINGI
JEETMAL BHOORCHAND PAREKH, INDRA BALVEERMAL SINGHVI
- 12 Aug 20263 of 3 present2 independent · 76 days in between
- 27 May 20263 of 3 present2 independent · 12 days in between
- 14 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair NEHAL MAYUR SHAH
RAHUL JEETMAL PAREKH, ANAND JEETMAL PAREKH
- 12 Aug 20263 of 3 present1 independent · 76 days in between
- 27 May 20262 of 3 present1 independent
Risk Management Committee
Chair ANAND JEETMAL PAREKH
RAHUL JEETMAL PAREKH, NEHAL MAYUR SHAH
- 12 Aug 20263 of 3 present1 independent · 76 days in between
- 27 May 20262 of 3 present1 independent
Corporate Social Responsibility Committee
Chair RAHUL JEETMAL PAREKH
ANAND JEETMAL PAREKH, SANGITA SHINGI
- 12 Aug 20263 of 3 present1 independent · 76 days in between
- 27 May 20262 of 3 present1 independent
Share Transfer Committee
Chair RAHUL JEETMAL PAREKH
JEETMAL BHOORCHAND PAREKH, ANAND JEETMAL PAREKH
- 12 Aug 20263 of 3 present0 independent · 76 days in between
- 27 May 20262 of 3 present0 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Jain ChowdhryJain Chowdhary & Co.Peer-review certificate valid to Feb 2029
2 earlier auditors
- Jain Chowdhary and Co.Named in filings from Sep 2025 to Dec 2025
- Bhanwar Jain and CoNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Mahalaxmi Fabric Mills AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Mahalaxmi Fabric Mills share news and announcements
Annual general meeting, 30 Sep 2026
5,180 shareholders on the register on 23 Sep 2026; present: 28 promoters and 37 others; votes counted by ROHIT PERIWAL / ROHIT PERIWAL & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and if approved, adopt the Audited (Standalone and Consolidated) Financial Statement of the Company, for the Financial Year Ended on 31st March, 2026 and the Reports of the Board and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.83% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint a Director in place of Shri Anand J. Parekh (DIN:- 00500384), who retires by rotation at this AGM and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.83% · promoters 100.00% · institutions 0.00% · other public 100.00%
- To appoint Secretarial Auditor of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 65.83% · promoters 100.00% · institutions 0.00% · other public 100.00%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 23 Aug 2025, 5 resolutions
5,044 shareholders on the register on 16 Aug 2025; present: 26 promoters and 55 others; votes counted by MALAY DESAI / MALAY DESAI & ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and if approved, adopt the Audited (Standalone and Consolidated) Financial Statement of the Company, for the Financial Year Ended on 31st March, 2025 and the Reports of the Board and Auditors thereon.MoreLess
Ordinary99.04% for0.96% againstAgainst: promoters 0.00% · institutions 0.00% · other public 44.60%
Turnout: all 66.21% · promoters 99.97% · institutions 0.00% · other public 4.06%
- To appoint a Director in place of Shri Jrahul J. Parekh (DIN:- 00500328), who retires by rotation at this AGM and being eligible, offers himself for re-appointment.Ordinary99.04% for0.96% against
Against: promoters 0.00% · institutions 0.00% · other public 44.60%
Turnout: all 66.21% · promoters 99.97% · institutions 0.00% · other public 4.06%
- To Appointment of Statuory AuditorOrdinary99.04% for0.96% against
Against: promoters 0.00% · institutions 0.00% · other public 44.60%
Turnout: all 66.21% · promoters 99.97% · institutions 0.00% · other public 4.06%
- To Re-Appointment of Secretarial AuditorOrdinary99.04% for0.96% against
Against: promoters 0.00% · institutions 0.00% · other public 44.60%
Turnout: all 66.21% · promoters 99.97% · institutions 0.00% · other public 4.06%
- CONTINUATION OF MR. JEETMAL B. PAREKH (DIN: 00512415) AS NON EXECUTIVE DIRECTOR OF THE COMPANY WHO HAS ATTAINED THE AGE OF 75 YEARSSpecial99.04% for0.96% against
Against: promoters 0.00% · institutions 0.00% · other public 44.60%
Turnout: all 66.21% · promoters 99.97% · institutions 0.00% · other public 4.06%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Sep 2024, 8 resolutions
Present: 28 promoters and 52 others.The company's voting result (opens in a new tab)
To receive, consider and if approved, adopt the Audited (Standalone and Consolidated) Financial Statement of the Company, for the Financial Year Ended on 31st March, 2024 and the Reports of the Board and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.20% · promoters 99.97% · institutions 0.00% · other public 9.77%
- To appoint a Director in place of Shri Jeetmal B. Parekh (DIN:- 00512415), who retires by rotation at this AGM and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.20% · promoters 99.97% · institutions 0.00% · other public 9.77%
- To appoint Shri Anand J. Parekh (DIN:-00500384), as a Managing Director of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.20% · promoters 99.97% · institutions 0.00% · other public 9.77%
- To regularize the appointment of Smt. Sangita S. Shingi (DIN:- 06999605), as a Non–Executive-Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.20% · promoters 99.97% · institutions 0.00% · other public 9.77%
- To regularize the appointment of Shri Nehal M. Shah (DIN:- 00020062), as a Non–Executive-Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.20% · promoters 99.97% · institutions 0.00% · other public 9.77%
- To regularize the appointment of Smt. Indra B. Singhvi (DIN:- 07054136), as a Non–Executive-Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.20% · promoters 99.97% · institutions 0.00% · other public 9.77%
- To approve disposal of Shares/Assets of the Material Subsidiary.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.20% · promoters 99.97% · institutions 0.00% · other public 9.77%
- To approve Material Related Party Transactions of the Company.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 3.42% · promoters 0.00% · institutions 0.00% · other public 9.77%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.