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About Mahalaxmi Rubtech Ltd
Stock PE (TTM)
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Mahalaxmi Rubtech Limited (MRL) incorporated in September, 1991 in the State of Gujarat as a Public Limited Company and obtained Certificate for Commencement of Business. At present, the Company is engaged in manufacturing and marketing of products falling under the segment of Traditional Textiles and Polymer based Technical Textiles & Rubber. The Company was promoted by Mr. Jeetmal Parekh in the industry and business of textile, chemicals, dyes and rubber industries. It mainly operates mainly in two broad areas: Traditional Textiles Division and Polymer Based Technical Textile Division. In 2005-06, Company`s Project of Textile Weaving Division named as "MAHEEKA TEXTECH " has commenced the commercial activities. The amalgamation of Mahalaxmi Fabric Mills Pvt. Ltd. (MFMPL) with Company was implemented and made effective from 01.04.2007. Through the Scheme of Amalgamation, and in consideration of transfer and vesting of undertaking of MFMPL, the Company allotted 3646400 equity shares on 30.01.2009 to the shareholders of MFMPL as per the exchange ratio of 43 equity shares of the Company for every 1 equity share of MFMPL. i.e., 43:1. In FY 2024, pursuant to the Scheme of Arrangements between the Company, Mahalaxmi Fabric Mills Limited (MFML) and Globale Tessile Limited (GTL) and their respective Shareholders and Creditors, the Traditional Textiles Processing Division, located at Narol, Ahmedabad got demerged into the Company and Wind Power Division of the Company along with existing investment of the Company in its Wholly Owned Subsidiary Company namely Mahalaxmi Exports Private Limited was vested into Mahalaxmi Fabric Mills Limited. The Trading Textiles Division of the Company was demerged and vested into Globale Tessile Limited as a going concern basis and the Scheme became effective on 01st April, 2024. In consideration of transfer of the Demerged Company, MFML and GTL have issued and allotted 1,06,20,275 new Equity Shares Capital of Rs 10 each, credited as fully paid-up, to the Shareholders of the Company on 19 April, 2024, in the ratio of 1 new Equity Share of MFML and GTL, for every 1 Equity Share in the Company.
Mahalaxmi Rubtech share price as on 10 Feb 2026 is Rs. 197. Over the past 6 months, the Mahalaxmi Rubtech share price has decreased by 7.14% and in the last one year, it has decreased by 15.24%. The 52-week low for Mahalaxmi Rubtech share price was Rs. 188.25 and 52-week high was Rs. 270.68.
514450
MHLXMIRU
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Sep
Mahalaxmi Rubtech Ltd FAQs
You can buy Mahalaxmi Rubtech Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mahalaxmi Rubtech Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 10, 2026 10:09 AM the closing price of Mahalaxmi Rubtech Ltd was Rs.197.00.
The latest PE ratio of Mahalaxmi Rubtech Ltd as of Feb 10, 2026 10:09 AM is 10.29
The latest PB ratio of Mahalaxmi Rubtech Ltd as of Feb 10, 2026 10:09 AM is 2.64
The 52-week high of Mahalaxmi Rubtech Ltd share price is Rs. 270.68 while the 52-week low is Rs. 188.25
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Feb 10, 2026 10:09 AM, the market cap of Mahalaxmi Rubtech Ltd stood at Rs. 209.21 Cr.
Market Outlook
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