Mahalaxmi Rubtech share price
NSE: MHLXMIRUBSE: 514450Textiles & ApparelsSmall Cap
Last close ₹166.83up ₹6.49 (4.05%)BSE ₹162.05
Share price at the NSE close on 23 Oct 2026. Previous close ₹160.34.
52-week range of traded prices to 23 Oct 2026
₹105.53Low, 29 Jun 2026₹244.65High, 14 Nov 2025
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Next results date: the board meets on 31 Oct 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.
- ₹177 Cr2,439th 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. The filing of 11 Aug 2026
- 7.7
- 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 29 May 2026
- 2.0
- 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 11 Aug 2026
- 29.0%
- 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 11 Aug 2026
- 25.8%
- 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 29 May 2026
- 0.13
- Volume, NSEVolume. Shares traded on the last trading day.
- 15,005
Results
Standalone, as consolidated accounts are on record for only 6 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 11 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹32 Crup 6.69%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹5.77 Crup 6.25%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 18.3%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2024, the company's revenue for that year, ₹77 Cr, differs from its quarters added, ₹174 Cr.
| ₹ crore | Sep 2024Filed 14 Nov | Dec 2024Filed 11 Feb | Mar 2025Filed 16 Jun | Jun 2025Filed 13 Aug | Sep 2025Filed 13 Nov | Dec 2025Filed 12 Feb | Mar 2026Filed 29 May | Jun 2026Filed 11 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23.6 | 25.0 | 22.9 | 25.1 | 30.0 | 27.4 | 29.6 | 31.5 |
| Net profit | 3.5 | 5.4 | 4.6 | 4.4 | 5.9 | 6.0 | 5.4 | 5.8 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 14.8% | 21.6% | 20.2% | 17.7% | 19.6% | 22.1% | 18.4% | 18.3% |
Standalone. The last eight quarters. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Polymer based Technical Textiles & Rubber, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record. Its history crosses a change of basis in the accounts in the year to Mar 2024: days before it are of the company before the change.PE ratio and valuation history
Price to earningsPrice 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.
At or below today's level on 3% of 1,979 trading days since Jun 2017.
LowestHighest
Its median13.8Industry median14.4
Price to bookPrice 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.
At or below today's level on 17% of 986 trading days over the last 5 years.
LowestHighest
Its median2.9Industry median1.1
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.4.8
At or below today's level on 21% of 247 trading days over the last year.
LowestHighest
Its median5.5Industry median10.6
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | With the demerger reinvestedReturn with the demerger reinvested. The yearly price growth with the price before the demerger multiplied by the demerger's price factor (its opening price on the ex-date over the close before it), plus the average dividend yield: the return of a holder who put the value of the shares of the company that was split off back into this share on the ex-date. | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|---|
| 1 year | −27.8% | – | +29.8% | −44.3% | 0.0% |
| 3 years | −17.6% | −6.8% | +55.3% | −46.9% | 0.0% |
| 5 years | +31.9% | +42.1% | +35.0% | −2.2% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Return a year is the share as it traded across the demerger; the next column is the same return with the demerger reinvested, empty for a window with no demerger in it.
Peers and competitors
Other Textile Products, 271 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Mahalaxmi Rubtech in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Aastha SpintexAASTHA | 198 | – | 1.2 | – | – | – | – | – | 0.22% |
 R&B DenimsRNBDENIMS | 186 | – | 0.9 | 6.8 | +23.4% | – | – | 6.0% | 0.00% |
 Shiva TexyarnSHIVATEX | 186 | 19.4 | 1.3 | 7.6 | 0.0% | −27.0% | 6.8% | 8.4% | 0.42% |
 RRILRRIL | 180 | 20.0 | 1.6 | 19.1 | +5.5% | +20.6% | 8.2% | 6.4% | 0.00% |
 T TTTL | 161 | 310.6 | 1.3 | 22.6 | −14.3% | – | 0.5% | 4.1% | 0.00% |
 Bannari Amman Spinning MillsBASML | 160 | 7.0 | 0.3 | 6.7 | −2.2% | +164.9% | 5.1% | 6.1% | 1.25% |
 Modern Threads (India)MODTHREAD | 160 | 8.5 | 1.1 | 8.2 | +17.8% | +487.7% | 13.4% | 10.1% | 0.00% |
 Lagnam SpintexLAGNAM | 159 | 6.1 | 1.1 | 6.7 | +14.9% | +97.1% | 19.1% | 12.1% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
Sep 2026
Aug 2026
Mahalaxmi Rubtech share price by year
Each calendar year to 2025.Mahalaxmi Rubtech share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 205.66 | −15.6% | 258.97 | 203.54 |
| 2024Demerger | 243.67 | −21.1% | 347.00 | 141.57 |
| 2023 | 308.85 | +17.0% | 311.55 | 147.05 |
| 2022BSE close | 263.95 | +272.0% | 271.35 | 65.70 |
| 2021BSE close | 70.95 | +78.0% | 80.75 | 34.95 |
| 2020BSE close | 39.85 | +22.8% | 45.60 | 23.40 |
| 2019BSE close | 32.45 | −27.6% | 47.30 | 29.75 |
| 2018BSE close | 44.80 | −23.5% | 60.85 | 38.95 |
| 2017BSE close | 58.60 | +51.0% | 63.80 | 38.05 |
| 2016BSE close | 38.80 | −15.7% | 48.15 | 28.55 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. With the demerger of 19 Apr 2024 reinvested, the change in 2024 is +14.2%.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 23 Oct 2026 | 164.00 | 168.35 | 152.33 | 166.83 | 161.05 | 15,005 |
| 22 Oct 2026 | 172.00 | 172.00 | 159.10 | 160.34 | 163.29 | 1,403 |
| 21 Oct 2026 | 183.97 | 183.97 | 167.34 | 167.34 | 170.75 | 3,216 |
| 19 Oct 2026 | 183.95 | 185.50 | 176.10 | 176.14 | 181.60 | 2,968 |
| 16 Oct 2026 | 184.00 | 184.00 | 177.00 | 179.11 | 179.16 | 3,337 |
| 15 Oct 2026 | 181.60 | 186.90 | 176.20 | 181.73 | 181.64 | 6,963 |
| 14 Oct 2026 | 175.90 | 180.00 | 172.30 | 179.80 | 178.68 | 2,373 |
| 13 Oct 2026 | 166.00 | 173.98 | 164.05 | 173.98 | 169.62 | 4,115 |
| 12 Oct 2026 | 168.65 | 170.33 | 165.00 | 165.70 | 166.77 | 1,886 |
| 9 Oct 2026 | 171.40 | 175.00 | 162.05 | 168.65 | 169.15 | 5,378 |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Buyback and demerger history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 19 Apr 2024 | Demerger | 0.6907 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
| 18 Nov 2015 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
| 23 Sep 2010 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it.
Company details
- Legal name
- Mahalaxmi Rubtech Limited
- NSE symbol
- MHLXMIRU
- BSE code
- 514450
- ISIN
- INE112D01035
- Industry
- Textiles & Apparels
- Listed
- Nov 1994 on BSE, Jan 2022 on NSE
- Face value
- ₹10
- CIN
- L25190GJ1991PLC016327
- Corporate identity number, the registrar of companies' code for it