Mahalaxmi Rubtech Limited (MHLXMIRU) - Net Assets
Based on the latest financial reports, Mahalaxmi Rubtech Limited (MHLXMIRU) has net assets worth Rs790.54 Million INR (≈ $8.55 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.12 Billion ≈ $12.14 Million USD) and total liabilities (Rs332.13 Million ≈ $3.59 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how tangible is Mahalaxmi Rubtech Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs790.54 Million |
| % of Total Assets | 70.42% |
| Annual Growth Rate | 14.21% |
| 5-Year Change | -26.83% |
| 10-Year Change | 35.65% |
| Growth Volatility | 60.28 |
Mahalaxmi Rubtech Limited - Net Assets Trend (2006–2025)
This chart illustrates how Mahalaxmi Rubtech Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Mahalaxmi Rubtech Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mahalaxmi Rubtech Limited (2006–2025)
The table below shows the annual net assets of Mahalaxmi Rubtech Limited from 2006 to 2025. For live valuation and market cap data, see MHLXMIRU company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs689.76 Million ≈ $7.46 Million |
+30.42% |
| 2024-03-31 | Rs528.87 Million ≈ $5.72 Million |
-39.43% |
| 2023-03-31 | Rs873.16 Million ≈ $9.44 Million |
+10.99% |
| 2022-03-31 | Rs786.71 Million ≈ $8.51 Million |
-16.54% |
| 2021-03-31 | Rs942.63 Million ≈ $10.19 Million |
+6.97% |
| 2020-03-31 | Rs881.24 Million ≈ $9.53 Million |
+5.93% |
| 2019-03-31 | Rs831.90 Million ≈ $9.00 Million |
+15.59% |
| 2018-03-31 | Rs719.73 Million ≈ $7.78 Million |
+14.19% |
| 2017-03-31 | Rs630.30 Million ≈ $6.82 Million |
+23.96% |
| 2016-03-31 | Rs508.48 Million ≈ $5.50 Million |
+6.48% |
| 2015-03-31 | Rs477.54 Million ≈ $5.16 Million |
+7.04% |
| 2014-03-31 | Rs446.13 Million ≈ $4.82 Million |
+5.41% |
| 2013-03-31 | Rs423.22 Million ≈ $4.58 Million |
+4.96% |
| 2012-03-31 | Rs403.24 Million ≈ $4.36 Million |
+3.70% |
| 2011-03-31 | Rs388.84 Million ≈ $4.21 Million |
+16.31% |
| 2010-03-31 | Rs334.31 Million ≈ $3.62 Million |
+10.24% |
| 2009-03-31 | Rs303.27 Million ≈ $3.28 Million |
+269.21% |
| 2008-03-31 | Rs82.14 Million ≈ $888.32K |
+35.80% |
| 2007-03-31 | Rs60.49 Million ≈ $654.14K |
+9.57% |
| 2006-03-31 | Rs55.20 Million ≈ $596.99K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mahalaxmi Rubtech Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 43010700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs430.11 Million | 62.58% |
| Common Stock | Rs106.20 Million | 15.45% |
| Other Comprehensive Income | Rs150.96 Million | 21.97% |
| Total Equity | Rs687.27 Million | 100.00% |
Mahalaxmi Rubtech Limited Competitors by Market Cap
The table below lists competitors of Mahalaxmi Rubtech Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
People's Garment Public Company Limited
BK:PG
|
$19.60 Million |
|
Beasley Broadcast Group Inc
NASDAQ:BBGI
|
$19.62 Million |
|
Comfort Gloves Bhd
KLSE:2127
|
$19.62 Million |
|
Teck Guan Perdana Bhd
KLSE:7439
|
$19.63 Million |
|
Parkway Corporate Ltd
AU:PWN
|
$19.59 Million |
|
Genius Group Ltd
NYSE MKT:GNS
|
$19.59 Million |
|
Swoop Holdings Ltd
AU:SWP
|
$19.59 Million |
|
Moatech Co. Ltd
KQ:033200
|
$19.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mahalaxmi Rubtech Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 528,874,000 to 687,269,000, a change of 158,395,000 (29.9%).
- Net income of 167,770,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 146,767,000.
- Other factors decreased equity by 156,142,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs167.77 Million | +24.41% |
| Other Comprehensive Income | Rs146.77 Million | +21.36% |
| Other Changes | Rs-156.14 Million | -22.72% |
| Total Change | Rs- | 29.95% |
Book Value vs Market Value Analysis
This analysis compares Mahalaxmi Rubtech Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.64x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.99x to 2.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs10.67 | Rs170.59 | x |
| 2007-03-31 | Rs14.61 | Rs170.59 | x |
| 2008-03-31 | Rs15.83 | Rs170.59 | x |
| 2009-03-31 | Rs34.38 | Rs170.59 | x |
| 2010-03-31 | Rs37.90 | Rs170.59 | x |
| 2011-03-31 | Rs44.08 | Rs170.59 | x |
| 2012-03-31 | Rs46.42 | Rs170.59 | x |
| 2013-03-31 | Rs47.96 | Rs170.59 | x |
| 2014-03-31 | Rs50.59 | Rs170.59 | x |
| 2015-03-31 | Rs54.11 | Rs170.59 | x |
| 2016-03-31 | Rs57.65 | Rs170.59 | x |
| 2017-03-31 | Rs51.18 | Rs170.59 | x |
| 2018-03-31 | Rs57.28 | Rs170.59 | x |
| 2019-03-31 | Rs62.22 | Rs170.59 | x |
| 2020-03-31 | Rs65.91 | Rs170.59 | x |
| 2021-03-31 | Rs70.77 | Rs170.59 | x |
| 2022-03-31 | Rs58.84 | Rs170.59 | x |
| 2023-03-31 | Rs82.22 | Rs170.59 | x |
| 2024-03-31 | Rs49.80 | Rs170.59 | x |
| 2025-03-31 | Rs64.72 | Rs170.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mahalaxmi Rubtech Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 24.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.21%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.43x
- Recent ROE (24.41%) is above the historical average (9.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.89% | 9.69% | 0.41x | 1.74x | Rs-1.72 Million |
| 2007 | 14.24% | 8.60% | 0.63x | 2.63x | Rs2.57 Million |
| 2008 | 18.94% | 9.03% | 0.77x | 2.73x | Rs7.34 Million |
| 2009 | 7.08% | 2.63% | 1.18x | 2.28x | Rs-8.85 Million |
| 2010 | 13.49% | 5.11% | 1.01x | 2.61x | Rs11.68 Million |
| 2011 | 15.57% | 4.71% | 1.37x | 2.42x | Rs21.66 Million |
| 2012 | 5.82% | 2.20% | 0.94x | 2.80x | Rs-16.87 Million |
| 2013 | 5.21% | 1.80% | 1.01x | 2.87x | Rs-20.26 Million |
| 2014 | 5.14% | 1.54% | 1.24x | 2.69x | Rs-21.69 Million |
| 2015 | 6.10% | 2.01% | 1.21x | 2.50x | Rs-18.63 Million |
| 2016 | 6.06% | 1.83% | 1.24x | 2.68x | Rs-20.05 Million |
| 2017 | 5.23% | 1.97% | 1.12x | 2.37x | Rs-30.05 Million |
| 2018 | 5.30% | 1.68% | 1.35x | 2.33x | Rs-33.86 Million |
| 2019 | 5.96% | 2.69% | 1.07x | 2.07x | Rs-33.59 Million |
| 2020 | 5.22% | 2.56% | 1.02x | 2.00x | Rs-42.14 Million |
| 2021 | 6.44% | 4.44% | 0.79x | 1.84x | Rs-33.52 Million |
| 2022 | 9.26% | 3.75% | 1.01x | 2.44x | Rs-5.79 Million |
| 2023 | 9.67% | 12.24% | 0.33x | 2.41x | Rs-2.88 Million |
| 2024 | 20.86% | 14.34% | 0.94x | 1.55x | Rs57.46 Million |
| 2025 | 24.41% | 18.21% | 0.94x | 1.43x | Rs99.04 Million |
Industry Comparison
This section compares Mahalaxmi Rubtech Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $-13,452,134,551
- Average return on equity (ROE) among peers: 5.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mahalaxmi Rubtech Limited (MHLXMIRU) | Rs790.54 Million | 6.89% | 0.42x | $19.59 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.57 Billion | 17.50% | 1.92x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $194.97 Million | -2.63% | 2.61x | $3.83 Million |
| Alok Industries Limited (ALOKINDS) | $-146.17 Billion | 0.00% | 0.00x | $694.84 Million |
| Alps Industries Limited (ALPSINDUS) | $-3.44 Billion | 0.00% | 0.00x | $1.45 Million |
| Axita Cotton Limited (AXITA) | $38.36 Million | 30.20% | 4.91x | $31.78 Million |
| AYM Syntex Limited (AYMSYNTEX) | $645.68 Million | -11.24% | 2.13x | $137.73 Million |
| Banswara Syntex Limited (BANSWRAS) | $3.99 Billion | 11.44% | 1.21x | $49.46 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $2.54 Billion | 5.04% | 2.31x | $21.66 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $-1.95 Billion | 0.00% | 0.00x | $297.20 Million |
| Cheviot Company Limited (CHEVIOT) | $7.06 Billion | 7.32% | 0.09x | $69.09 Million |
About Mahalaxmi Rubtech Limited
Mahalaxmi Rubtech Limited engages in the manufacture and marketing of traditional textile, and polymer based technical textile and rubber products in India. It offers Imprint Technology, including underlay, xpeedo-web, rapid-web, print UV, royal green, robusto, spectra, stripcoat, ultra, and polset for sheetfed/conventional, UV printing, packaging, stripping coating, metal deco, newspaper/web, se… Read more