Mahalaxmi Rubtech Ltd

BSE: 514450 NSE: MHLXMIRU
Mahalaxmi Rubtech Ltd - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L25190GJ1991PLC016327 Incorporated 25 September 1991 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - NSE: MHLXMIRU · BSE: 514450 Public Limited Company manufacturing MSME · Medium
Data last updated
Market Cap
₹195 Cr
MHLXMIRU · NSE
Share Price
₹182.82
-0.57% today
Revenue
₹267 Cr
FY 2022-23 · +35.6% YoY
EBITDA
₹18.72 Cr
Margin 7.0%
Net Profit
₹7.06 Cr
FY 2022-23 · +0.7% YoY
P/E (TTM)
20.2x
P/B 2.0x
ROE
8.5%
ROCE 10.0%
Debt / Equity
0.67
Interest cover 49.7x

About Mahalaxmi Rubtech Ltd

Data last updated:

Mahalaxmi Rubtech Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 September 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25190GJ1991PLC016327. Its GSTIN is 24AABCM7864L1Z2 (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 514450 and NSE: MHLXMIRU.

The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.62 Cr. It is led by directors including Anand Jeetmal Parekh (Managing Director) and Rahul Jeetmal Parekh (Managing Director).

Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹111.97 Cr, a growth of 21.5% compared to the previous year. For the same year it recorded a net profit of ₹22.08 Cr (net margin 19.7%) and EBITDA of ₹29.71 Cr (EBITDA margin 26.5%). The net worth stands at ₹90.67 Cr (up 31.9% YoY). Total assets are valued at ₹103.13 Cr (up 22.6% YoY).

The company has about 260 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Mahalaxmi Group Of Industries and Mahalaxmi Rubtech. As per MCA filings, the company has open charges of ₹40.5 Cr and satisfied charges of ₹13.66 Cr on record. Court records list 18 cases involving the company, including 8 filed by the company and 10 filed against it; 1 case is pending. The company has 87 deals on record (87 market trades); the latest was in August 2026. Its 7 peer companies in the Manufacturing industry (Plastic Based Products, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 2 smaller; the largest is Katheri Industrial Private Limited with revenue of ₹95.25 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,841 overdue payments to 56 micro and small suppliers.

Mahalaxmi Rubtech Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0014185). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrtglobal.com.

Company details

CIN L25190GJ1991PLC016327
Registration Number 016327
Incorporation Date 25 September 1991
ROC Ahmedabad
Listing Status Listed - Listed on NSE (MHLXMIRU); Listed on BSE (514450)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0014185
Key People
Anand Jeetmal Parekh Managing Director Rahul Jeetmal Parekh Managing Director Jeetmal Bhoorchand Parekh Director

Recognitions & Rankings of Mahalaxmi Rubtech

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-01-0014185

Contact details

Mahalaxmi Rubtech Ltd's registered office is in Ahmedabad, Gujarat. Its website is mrtglobal.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mrtglobal.com
  • Registered Address
    Mahalaxmi House, Ysl Avenue Opp. Ketav Petrol Pump Ambawadi, Ahmedabad, Gujarat, India – 380015
  • Industry
    Manufacturing, Textile & Fabric Production, Plastic-Based Products

To see the full contact details of Mahalaxmi Rubtech Ltd, buy the company report.

Comprehensive company report
Mahalaxmi Rubtech Ltd - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Mahalaxmi Rubtech operates two associated brands: Mahalaxmi Group Of Industries and Mahalaxmi Rubtech. Each brand links to its own profile.

BrandDescriptionWebsite
Mahalaxmi Group Of Industries
Presence is maintained in steel, real estate, construction, and textiles.mahalaxmigroup.net
Mahalaxmi Rubtech
Manufacturer of textilesmrtglobal.com

Business activity

The main business activity of Mahalaxmi Rubtech is manufacturing. In detail, this covers textile, leather and other apparel products and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Mahalaxmi Rubtech Ltd, buy the company report.

Financials of Mahalaxmi Rubtech Ltd

FY 2025-26 filings available

Mahalaxmi Rubtech Ltd reported revenue of ₹111.97 Cr (up 21.5% YoY) for FY 2025-26.

Financial Highlights

FY 2022-23 · Consolidated
Revenue
₹267 Cr
+35.6% YoY
EBITDA
₹18.72 Cr
+5.7% YoY
Profit After Tax
₹7.06 Cr
+0.7% YoY
Net Worth
₹87.32 Cr
+11.0% YoY
Total Assets
₹146 Cr
+6.9% YoY
Total Debt
₹55.86 Cr
+1.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Income statement
Revenue267197138181186228203
Revenue growth+35.6%+42.6%-23.4%-2.8%-18.4%+12.4%-
EBITDA18.7217.7117.6416.2515.5213.4814.31
EBITDA margin+7.0%+9.0%+12.8%+9.0%+8.4%+5.9%+7.1%
Profit before tax10.829.787.805.926.185.645.04
Net profit7.067.016.074.364.473.383.40
Net profit margin+2.6%+3.6%+4.4%+2.4%+2.4%+1.5%+1.7%
EPS (₹)7.956.864.563.453.723.323.41
Balance sheet
Total assets146136136126123114100
Net worth87.3278.6794.2688.1283.1971.9763.12
Total debt55.8654.9438.3533.4034.6537.3436.22
Cash & bank36.5237.6336.8224.5419.4611.8611.74
Net working capital82.7769.9366.9455.2354.3945.2539.68
Cash flow
Cash from operations6.108.3816.4623.2411.4713.124.69
Cash from investing9.05(12.59)(17.09)(15.16)(6.25)(17.52)(5.15)
Cash from financing(6.56)(0.96)0.83(7.67)2.384.512.93
ParticularsDec 2023Sep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Revenue74.7670.0365.1974.9366.2566.7759.5466.09
Revenue growth (YoY)+12.9%+4.9%+9.5%+13.4%+32.5%---
Other income0.771.981.111.400.660.862.732.33
EBITDA5.204.994.205.375.344.753.256.11
EBITDA margin+7.0%+7.1%+6.4%+7.2%+8.1%+7.1%+5.5%+9.2%
Depreciation2.092.011.992.142.132.092.072.69
Interest0.981.191.001.461.231.171.251.42
Profit before tax2.903.772.323.172.642.352.664.33
Tax0.630.960.730.680.530.480.671.29
Net profit2.272.811.592.492.111.871.993.04
EPS (₹)2.122.641.482.331.981.751.892.85
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue11292.1276.9069.44170137180
Revenue growth+21.6%+19.8%+10.7%-59.1%+24.2%-24.0%-
EBITDA29.7123.7618.3016.7414.9417.6316.47
EBITDA margin+26.5%+25.8%+23.8%+24.1%+8.8%+12.9%+9.2%
Profit before tax29.4021.9014.8212.387.197.846.21
Net profit22.0816.6811.0510.895.166.114.58
Net profit margin+19.7%+18.1%+14.4%+15.7%+3.0%+4.5%+2.6%
EPS (₹)20.5115.8010.3910.255.114.583.62
Balance sheet
Total assets10384.1170.2560.86131136126
Net worth90.6768.7352.8941.6877.0294.4888.34
Total debt11.6514.6216.0218.3950.8338.3333.39
Cash & bank43.8532.6121.9010.7636.5936.7924.44
Net working capital62.3254.1239.6530.7163.7169.1455.33
Cash flow
Cash from operations27.6913.7316.65(2.95)15.7414.4523.34
Cash from investing(19.94)(8.61)(8.29)14.96(12.07)(15.04)(15.31)
Cash from financing(3.55)(2.37)(3.74)(7.54)(9.83)0.85(7.60)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue31.5429.5627.3929.9625.0522.8825.0223.62
Revenue growth (YoY)+25.9%+29.2%+9.5%+26.8%+21.6%---
Other income1.431.271.231.050.630.870.880.53
Total expenses24.1522.1219.3622.3518.4316.6117.5218.15
EBITDA7.397.448.037.616.626.277.505.47
EBITDA margin+23.4%+25.2%+29.3%+25.4%+26.4%+27.4%+30.0%+23.2%
Depreciation1.071.190.970.850.830.920.900.97
Interest0.090.190.130.140.200.270.250.22
Profit before tax7.667.338.167.676.225.957.234.81
Tax1.901.902.131.801.791.331.821.32

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsDec 2023Sep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Revenue74.7670.0365.1974.9366.2566.7759.5466.09
Revenue growth (YoY)+12.9%+4.9%+9.5%+13.4%+32.5%---
Other income0.771.981.111.400.660.862.732.33
EBITDA5.204.994.205.375.344.753.256.11
EBITDA margin+7.0%+7.1%+6.4%+7.2%+8.1%+7.1%+5.5%+9.2%
Depreciation2.092.011.992.142.132.092.072.69
Interest0.981.191.001.461.231.171.251.42
Profit before tax2.903.772.323.172.642.352.664.33
Tax0.630.960.730.680.530.480.671.29
Net profit2.272.811.592.492.111.871.993.04
EPS (₹)2.122.641.482.331.981.751.892.85
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Revenue267197138181186228203
Revenue growth+35.6%+42.6%-23.4%-2.8%-18.4%+12.4%-
Other income5.654.832.742.682.132.170.39
Total expenses249180121164170214188
Employee cost13.8312.5311.0813.3213.3811.4410.22
EBITDA18.7217.7117.6416.2515.5213.4814.31
EBITDA margin+7.0%+9.0%+12.8%+9.0%+8.4%+5.9%+7.1%
Depreciation8.448.519.4010.069.348.488.04
Interest5.114.253.182.952.131.531.62
Profit before tax10.829.787.805.926.185.645.04
Tax2.372.511.721.341.221.841.64
Net profit7.067.016.074.364.473.383.40
Net profit margin+2.6%+3.6%+4.4%+2.4%+2.4%+1.5%+1.7%
EPS (₹)7.956.864.563.453.723.323.41
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Equity & liabilities
Share capital10.6210.6213.3213.3213.3211.479.97
Reserves & surplus76.7068.0580.9474.8069.8758.4249.38
Shareholders' funds (net worth)87.3278.6794.2688.1283.1971.9763.12
Minority interest0.000.000.000.000.000.000.00
Secured loans49.6046.2330.0426.6631.4625.9223.44
Unsecured loans6.268.718.316.743.1911.4212.78
Total debt55.8654.9438.3533.4034.6537.3436.22
Total liabilities146136136126123114100
Assets
Gross block150145143129127122110
Net block63.5666.9568.3661.5768.1168.4560.76
Capital work in progress0.350.771.4810.842.003.961.07
Investments0.210.160.140.120.110.120.11
Inventories51.8840.3528.2735.4435.8533.3430.80
Sundry debtors48.3136.9230.7336.0237.8141.0037.56
Cash & bank balances36.5237.6336.8224.5419.4611.8611.74
Loans & advances8.708.466.127.106.968.173.83
Total current assets14512310210310094.3783.93
Total current liabilities62.6453.4335.0047.8745.6949.1244.25
Net working capital82.7769.9366.9455.2354.3945.2539.68
Total assets146136136126123114100
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Opening cash1.476.636.446.0311.8611.749.27
Net cash from operating activities6.108.3816.4623.2411.4713.124.69
Net cash from investing activities9.05(12.59)(17.09)(15.16)(6.25)(17.52)(5.15)
Net cash from financing activities(6.56)(0.96)0.83(7.67)2.384.512.93
Net change in cash8.59(5.16)0.190.417.600.122.47
Closing cash36.5237.6336.8224.5419.4611.8611.74
ParticularsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Growth
Sales growth+35.6%+42.6%-23.4%-2.8%-18.4%+12.4%-
EBITDA growth+5.7%+0.4%+8.6%+4.7%+15.1%-5.8%-
PBT growth+10.6%+25.4%+31.8%-4.2%+9.6%+11.9%+9997.0%
Net income growth+0.7%+15.5%+39.2%-2.5%+32.3%-0.6%-
Revenue CAGR (3Y)+14.0%+2.0%-15.3%-3.8%---
EBITDA CAGR (3Y)+4.8%+4.5%+9.4%+4.3%---
Profitability & leverage
Net income margin+3.2%+3.7%+4.4%+2.5%+2.7%+1.7%+1.7%
Return on capital employed+10.0%+10.3%+8.4%+7.2%+6.4%+6.1%+6.6%
Return on net worth+8.5%+8.4%+6.7%+5.4%+5.8%+5.0%+5.4%
Debt / equity0.670.540.390.400.460.540.57
Long-term debt / equity0.150.160.100.100.140.210.24
Interest cover49.7146.2038.5947.6634.4730.6025.84
Efficiency & per share
Fixed asset turnover1.811.371.021.411.501.961.84
Inventory turnover5.805.754.345.075.377.106.58
Debtors turnover6.285.834.154.894.725.805.40
EPS (₹)7.956.864.563.453.723.323.41
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)82.2274.0870.7766.1662.4560.9359.53
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue31.5429.5627.3929.9625.0522.8825.0223.62
Revenue growth (YoY)+25.9%+29.2%+9.5%+26.8%+21.6%---
Other income1.431.271.231.050.630.870.880.53
Total expenses24.1522.1219.3622.3518.4316.6117.5218.15
EBITDA7.397.448.037.616.626.277.505.47
EBITDA margin+23.4%+25.2%+29.3%+25.4%+26.4%+27.4%+30.0%+23.2%
Depreciation1.071.190.970.850.830.920.900.97
Interest0.090.190.130.140.200.270.250.22
Profit before tax7.667.338.167.676.225.957.234.81
Tax1.901.902.131.801.791.331.821.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue11292.1276.9069.44170137180
Revenue growth+21.6%+19.8%+10.7%-59.1%+24.2%-24.0%-
Other income4.192.961.671.194.502.742.68
Total expenses82.2668.3658.6052.70155119163
Employee cost10.368.057.326.6112.2410.9913.23
EBITDA29.7123.7618.3016.7414.9417.6316.47
EBITDA margin+26.5%+25.8%+23.8%+24.1%+8.8%+12.9%+9.2%
Depreciation3.843.753.643.548.499.4010.06
Interest0.661.071.512.013.763.132.88
Profit before tax29.4021.9014.8212.387.197.846.21
Tax7.635.153.771.491.771.731.41
Net profit22.0816.6811.0510.895.166.114.58
Net profit margin+19.7%+18.1%+14.4%+15.7%+3.0%+4.5%+2.6%
EPS (₹)20.5115.8010.3910.255.114.583.62
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.6210.6210.6210.6210.6213.3213.32
Reserves & surplus80.0558.1142.2731.0666.4081.1675.02
Shareholders' funds (net worth)90.6768.7352.8941.6877.0294.4888.34
Secured loans10.9411.4312.1714.8842.1230.0426.66
Unsecured loans0.713.193.853.518.718.296.73
Total debt11.6514.6216.0218.3950.8338.3333.39
Total liabilities10384.1170.2560.86131136126
Assets
Gross block79.7270.4669.6267.39143141129
Net block32.0426.6229.0630.3664.4066.4561.57
Capital work in progress2.632.020.830.350.771.3410.84
Investments6.140.260.240.213.210.340.36
Inventories16.6617.0616.4218.9834.4028.1033.95
Sundry debtors9.6414.039.488.7129.3830.4235.61
Cash & bank balances43.8532.6121.9010.7636.5936.7924.44
Loans & advances4.154.583.122.5710.888.767.86
Total current assets74.3068.2850.9241.02111104102
Total current liabilities11.9814.1611.2710.3147.5434.9346.53
Net working capital62.3254.1239.6530.7163.7169.1455.33
Total assets10384.1170.2560.86131136126
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash12.209.454.840.376.606.345.91
Net cash from operating activities27.6913.7316.65(2.95)15.7414.4523.34
Net cash from investing activities(19.94)(8.61)(8.29)14.96(12.07)(15.04)(15.31)
Net cash from financing activities(3.55)(2.37)(3.74)(7.54)(9.83)0.85(7.60)
Net change in cash4.192.764.614.47(6.16)0.260.43
Closing cash43.8532.6121.9010.7636.5936.7924.44
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+21.6%+19.8%+10.7%-59.1%+24.2%-24.0%-
EBITDA growth+25.0%+29.8%+9.3%+12.1%-15.3%+7.0%-
PBT growth+34.3%+47.8%+19.7%+72.2%-8.3%+26.3%+1.1%
Net income growth+32.4%+51.0%+1.5%+111.1%-15.6%+33.4%-
Revenue CAGR (3Y)+17.3%-18.4%-17.4%-27.2%-2.8%-15.7%-3.9%
EBITDA CAGR (3Y)+21.1%+16.7%+1.3%+0.5%-1.2%+9.4%+4.8%
Profitability & leverage
Net income margin+19.4%+18.2%+14.4%+15.7%+3.2%+4.5%+2.7%
Return on capital employed+32.1%+29.8%+24.9%+15.0%+8.2%+8.4%+7.3%
Return on net worth+27.3%+27.6%+23.3%+18.4%+6.3%+6.7%+5.6%
Debt / equity0.160.250.360.580.520.390.40
Long-term debt / equity0.020.050.080.190.160.100.10
Interest cover2.555.3510.3015.2358.2938.0344.93
Efficiency & per share
Fixed asset turnover1.491.321.120.661.191.011.41
Inventory turnover6.645.504.342.605.434.405.21
Debtors turnover9.467.848.463.655.674.144.93
EPS (₹)20.5115.8010.3910.255.114.583.62
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)85.3864.7149.8039.2572.5270.9366.32

To see the full year-wise statements and ratios of Mahalaxmi Rubtech Ltd, buy the company report.

Board of directors of Mahalaxmi Rubtech Ltd

Mahalaxmi Rubtech has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jeetmal Bhoorchand Parekh
Also directs: Mahalaxmi Fabric Mills Limited, Globale Tessile Limited, Heena Agriculture Private Limited and 4 more
Director27 Aug 199333 Years 2 MonthsCurrent
Anand Jeetmal Parekh
Also directs: Mahalaxmi Fabric Mills Limited, Globale Tessile Limited, Heena Agriculture Private Limited and 5 more
Managing Director19 Nov 200817 Years 11 MonthsCurrent
Rahul Jeetmal Parekh
Also directs: Mahalaxmi Fabric Mills Limited, Globale Tessile Limited, Heena Agriculture Private Limited and 5 more
Managing Director01 Aug 200719 Years 2 MonthsCurrent
Balveermal Kewalmal Singhvi
Also directs: K.S.Oils Limited, Shah Foods Limited, Metroglobal Limited and 4 more
Director01 Apr 20215 Years 6 MonthsCurrent
Nehal Mayur Shah
Also directs: Meda Green Infrastructure LLP, Abhigam Realty LLP, Mahalaxmi Fabric Mills Limited and 5 more
Director01 Oct 20215 Years 0 MonthsCurrent
Renukaben Hardikkumar Patel
Also directs: Amarjyot Commodities Limited, Celtis Commodities Limited, Balhanuman Fabrics Limited
Director01 Apr 20260 Years 6 MonthsCurrent
View all directors

Peer comparison

Mahalaxmi Rubtech Ltd is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mahalaxmi Rubtech Ltdthis company₹111.97 Cr (FY 2026)₹22.08 Cr19.7%21.5%260Ahmedabad, Gujarat, India
Katheri Industrial Private Limited₹95.25 Cr (FY 2025)48.0%Erode, Tamil Nadu, India
GMB Textiles Mills India Private Limited₹95.24 Cr (FY 2025)2.0%Erode, Tamil Nadu, India
Bimla Maru Fashions Private Limited₹95.15 Cr (FY 2016)-5.0%New Delhi, Delhi, India
Kirtiprada Fashions Private Limited₹95.15 Cr (FY 2025)10.0%Surat, Gujarat, India
Gajanand International Limited₹95.12 Cr (FY 2025)-13.0%Jasdan, Gujarat, India
Radheshyam Ginning Pressing Private Limited₹94.82 Cr (FY 2025)52.0%Amreli, Gujarat, India
Riddhi Siddhi Cotfiber Private Limited₹94.81 Cr (FY 2025)5.0%Gondal, Gujarat, India

To see the full peer comparison of Mahalaxmi Rubtech Ltd, buy the company report.

Auditor

Mahalaxmi Rubtech Ltd is audited by JAIN CHOWDHARY & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
JAIN CHOWDHARY & CO.FY 2024113267W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 64.80%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 35.00%.

Promoters: 64.80%DII (Domestic Institutional): 0.10%FII (Foreign Institutional): 0.10%Retail & Others: 35.00%
Sep 2026
QUARTER
64.80% Promoters
0.10% DII (Domestic Institutional)
0.10% FII (Foreign Institutional)
35.00% Retail & Others
Promoter holding - history
Now 64.80% · Sep 2026High 64.80% · Dec 2025Low 64.80% · Dec 2025
63%63.8%64.5%65.3%66%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 64.80%Mar 2026: 64.80%Jun 2026: 64.80%Sep 2026: 64.80%64.80%64.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters64.80%64.80%64.80%64.80%
Public35.20%35.20%35.20%35.20%

Charges & borrowings

Open charges
₹40.5 Cr
Satisfied charges
₹13.66 Cr
Breakdown by lending institutions
Others₹39.80 Cr
Hdfc Bank Limited₹0.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Feb 2024100872657Hdfc Bank Limited₹70 LakhOpen
21 Feb 200680023772Others₹19.9 CrOpen
09 Nov 199490103927Others₹19.9 CrOpen
25 Apr 2023100711599Hdfc Bank Limited₹10 LakhSatisfied
05 Apr 2023100709430Hdfc Bank Limited₹10 LakhSatisfied

To see the full charge records of Mahalaxmi Rubtech Ltd, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Mahalaxmi Rubtech Ltd has 87 deals on record (87 market trades); the latest was in August 2026.

Total deals
87
Market trades
87

Deals on record (5 of 87)

WhenDealAmountParties
Aug 2026Market trade₹81.2 LakhBuyer: Meru Investments
Seller: Marwadi Chandarana Intermediaries Brokers Private Limited
Jun 2026Market trade₹1.24 CrSeller: Marwadi Chandarana Intermediaries Brokers Private Limited
Jun 2026Market trade₹16.42 CrBuyer: Neo Apex Share Broking Services LLP , D3 Stock Vision LLP , Neo Apex Venture LLP
Seller: Neo Apex Share Broking Services LLP , Moneyleader Finance India Private Limited , D3 Stock Vision LLP , an individual
Jun 2026Market trade₹1.05 CrBuyer: Neo Apex Venture LLP
Seller: Neo Apex Venture LLP
Jun 2026Market trade₹5.93 CrBuyer: Neo Apex Venture LLP , D3 Stock Vision LLP , Sway Financial Services
Seller: D3 Stock Vision LLP , Neo Apex Venture LLP , Sway Financial Services, an individual

To see the full deal history of Mahalaxmi Rubtech Ltd, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mahalaxmi Rubtech Ltd was last rated by Care on 31 Mar 2023.

Rating agencyRated onRating
Care31 Mar 2023

To see the full credit ratings and regulatory alerts of Mahalaxmi Rubtech Ltd, buy the company report.

MSME payment delays

Mahalaxmi Rubtech Ltd has 15 MSME Form 1 returns on record between 2019 and 2023, listing 1,841 overdue payments to 56 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 56)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Avira Polymers Private Limited
an individual supplier

To see the full MSME payment records of Mahalaxmi Rubtech Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Mahalaxmi Rubtech Ltd has a workforce of 260 employees on its EPFO records as of Feb 28, 2025, across 5 active EPFO establishments.

Employee count
260
Active EPFO establishments
5
Employee growth
-8.13%

GST

Mahalaxmi Rubtech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCM7864L1Z2GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Mahalaxmi Rubtech Ltd, buy the company report.

Recent activity

Mahalaxmi Rubtech Ltd has 26 board changes on record since 1991: 17 appointments and 9 cessations. The latest: Renukaben Hardikkumar Patel was appointed as Director on 01 Apr 2026.

Appointed
Renukaben Hardikkumar Patel was appointed as Director.
Filing
Mahalaxmi Rubtech Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Appointed
Kalu Ram Gurjar was appointed as CFO.
Ceased
Rajendra Ratanchand Mehta ceased to be CFO.
Ceased
Kalpana Kumari ceased to be Company Secretary.
AGM
Mahalaxmi Rubtech Ltd last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 19.90 Cr registered on 21 Feb 2006 with Charge ID 80023772 was modified on 27 Mar 2025.
Charges
A charge with Others of Rs. 19.90 Cr registered on 09 Nov 1994 with Charge ID 90103927 was modified on 27 Mar 2025.
Appointed
Kalpana Kumari was appointed as Company Secretary.
Charges
A charge registered on 25 Apr 2023 via Charge ID 100711599 with Hdfc Bank Limited was fully satisfied on 09 Feb 2024.
Charges
A charge registered on 05 Apr 2023 via Charge ID 100709430 with Hdfc Bank Limited was fully satisfied on 09 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100872657 was registered on 03 Feb 2024.

40 earlier events are in the company report.

News

Frequently asked questions

Mahalaxmi Rubtech is an active public limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 September 1991 (35+ years old) and is registered under CIN L25190GJ1991PLC016327. Listed on BSE: 514450 and NSE: MHLXMIRU.

Mahalaxmi Rubtech reported revenue of ₹111.97 Cr for FY 2025-26 (up 21.5% YoY) based on standalone financials.

Mahalaxmi Rubtech has 6 current directors:

The latest financial statements of Mahalaxmi Rubtech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mahalaxmi Rubtech is 24AABCM7864L1Z2, registered in Gujarat.

The CIN (Corporate Identification Number) of Mahalaxmi Rubtech is L25190GJ1991PLC016327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mahalaxmi Rubtech is a listed company as per MCA records. Its shares are listed on both BSE (code: 514450) and NSE (symbol: MHLXMIRU).

Mahalaxmi Rubtech has 18 court cases on record: 8 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.

Mahalaxmi Rubtech was incorporated on 25 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Mahalaxmi Rubtech has 87 deals on record (87 market trades); the latest was in August 2026.

The peers of Mahalaxmi Rubtech by revenue are Katheri Industrial Private Limited, GMB Textiles Mills India Private Limited, Bimla Maru Fashions Private Limited, Kirtiprada Fashions Private Limited, Gajanand International Limited and 2 more, all in the Manufacturing industry (Plastic Based Products, Textiles), with the same principal business activity (textile, leather and other apparel products).

Renukaben Hardikkumar Patel was appointed as Director on 01 Apr 2026. Kalu Ram Gurjar was appointed as CFO on 16 Jan 2026. Rajendra Ratanchand Mehta ceased to be CFO on 30 Nov 2025. Mahalaxmi Rubtech has 26 board changes on record in total.