Cash flow Mahalaxmi Rubtech Limited

Stocks

MHLXMIRU

INE112D01035

Textiles & Leather Goods

Market Closed - Bombay S.E. 14:02:22 14/08/2026 +04			5-day change	1st Jan Change
188.55 ^INR	-0.05%		+25.07%	-8.34%

08-11	Mahalaxmi Rubtech Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
05-28	Mahalaxmi Rubtech Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI

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Published financial data: MAHALAXMI RUBTECH LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	1.38B	1.97B	2.67B	769M	921M
Other Revenues, Total	1.55M	1.55M	1.55M	774K	-
Total Revenues	1.39B	1.97B	2.68B	770M	921M
Cost of Goods Sold, Total	1.05B	1.6B	2.24B	464M	452M
Gross Profit	333M	378M	436M	306M	469M
Selling General & Admin Expenses, Total	111M	126M	139M	73.55M	80.54M
Provision for Bad Debts	853K	1.24M	334K	1.59M	-
Depreciation & Amortization - (IS)	93.96M	85.06M	84.37M	36.44M	37.46M
Other Operating Expenses	43.07M	69.1M	107M	45.44M	148M
Other Operating Expenses, Total	249M	281M	331M	157M	266M
Operating Income	84.2M	96.9M	105M	149M	203M
Interest Expense, Total	-28.48M	-38.91M	-46.09M	-13.83M	-10.65M
Interest And Investment Income	18.15M	22.9M	21.56M	10.43M	-
Net Interest Expenses	-10.33M	-16.01M	-24.53M	-3.4M	-10.65M
Currency Exchange Gains (Loss)	837K	6.19M	3.76M	897K	-
Other Non Operating Income (Expenses)	-816K	-592K	-1.42M	1.81M	26.94M
EBT, Excl. Unusual Items	73.89M	86.49M	82.87M	148M	219M
Gain (Loss) On Sale Of Assets	39.04K	3.44M	18.81M	52K	-
Asset Writedown	-110K	-54K	-18K	-	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	4.13M	8.1M	6.52M	5K	-
EBT, Incl. Unusual Items	77.95M	97.98M	108M	148M	219M
Income Tax Expense	17.2M	25.1M	23.75M	37.67M	51.5M
Earnings From Continuing Operations	60.74M	72.88M	84.43M	110M	168M
Net Income to Company	60.74M	72.88M	84.43M	110M	168M
Net Income - (IS)	60.74M	72.88M	84.43M	110M	168M
Net Income to Common Incl Extra Items	60.74M	72.88M	84.43M	110M	168M
Net Income to Common Excl. Extra Items	60.74M	72.88M	84.43M	110M	168M
Per Share Items
Net EPS - Basic	4.56	5.99	7.95	10.39	15.8
Basic EPS - Continuing Operations	4.56	5.99	7.95	10.39	15.8
Basic Weighted Average Shares Outstanding	13.32M	12.17M	10.62M	10.62M	10.62M
Net EPS - Diluted	4.56	5.99	7.95	10.39	15.8
Diluted EPS - Continuing Operations	4.56	5.99	7.95	10.39	15.8
Diluted Weighted Average Shares Outstanding	13.32M	12.17M	10.62M	10.62M	10.62M
Normalized Basic EPS	3.47	4.44	4.88	8.71	12.91
Normalized Diluted EPS	3.47	4.44	4.88	8.71	12.91
Supplemental Items
EBITDA	178M	182M	189M	185M	240M
EBITA	134M	102M	109M	149M	203M
EBIT	84.2M	96.9M	105M	149M	203M
EBITDAR	178M	182M	190M	-	-
Total Revenues (As Reported)	1.41B	2.02B	2.73B	786M	948M
Effective Tax Rate - (Ratio)	22.07	25.62	21.95	25.45	23.49
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	21.63M	24.82M	28.24M	40.48M	56.31M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-4.43M	280K	-4.48M	-2.81M	-4.8M
Normalized Net Income	46.18M	54.06M	51.79M	92.47M	137M
Non-Cash Pension Expense	1.02M	1.03M	1.08M	415K	-
Supplemental Operating Expense Items
Advertising Expense	40.27K	363K	1.1M	401K	-
Selling and Marketing Expenses	40.27K	363K	1.1M	401K	-
Net Rental Expense, Total	50K	50K	50K	-	-
Imputed Operating Lease Interest Expense	31.75K	33.36K	33.28K	-	-
Imputed Operating Lease Depreciation	18.25K	16.64K	16.72K	-	-

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	66.34M	14.71M	101M	94.46M	326M
Short Term Investments	301M	361M	264M	124M	-
Total Cash And Short Term Investments	367M	376M	365M	219M	326M
Accounts Receivable, Total	300M	369M	483M	94.78M	140M
Other Receivables	25.91M	25.26M	14.4M	14.3M	22.26M
Notes Receivable	-	-	-	-	-
Total Receivables	326M	394M	497M	109M	163M
Inventory	283M	404M	519M	164M	171M
Prepaid Expenses	5.94M	4.08M	6.57M	929K	-
Other Current Assets, Total	37.02M	55.88M	66.09M	15.97M	23.49M
Total Current Assets	1.02B	1.23B	1.45B	509M	683M
Gross Property Plant And Equipment	1.4B	1.41B	1.46B	704M	-
Accumulated Depreciation	-727M	-758M	-837M	-406M	-
Net Property Plant And Equipment	670M	654M	624M	299M	286M
Long-term Investments	1.38M	1.62M	2.14M	2.36M	2.59M
Other Intangibles, Total	28.45M	23.5M	15.53M	-	-
Deferred Charges Long-Term	634K	506K	379K	-	-
Other Long-Term Assets, Total	12.15M	8.31M	8.06M	12.02M	13M
Total Assets	1.73B	1.92B	2.1B	822M	985M
Liabilities
Accounts Payable, Total	309M	487M	579M	56.56M	114M
Accrued Expenses, Total	8.2M	18.5M	19.93M	19.32M	13.89M
Short-term Borrowings	199M	338M	435M	111M	121M
Current Portion of Long-Term Debt	82.9M	38.53M	41.76M	19.58M	-
Current Income Taxes Payable	8.51M	5.45M	5.83M	19.12M	9.58M
Other Current Liabilities	19.41M	23.38M	21.47M	17.76M	4.43M
Total Current Liabilities	627M	910M	1.1B	243M	262M
Long-Term Debt	101M	173M	81.92M	29.56M	25.51M
Unearned Revenue Non Current	10.5M	7.6M	9.49M	3.73M	2.49M
Pension & Other Post Retirement Benefits	14.94M	10.49M	11.3M	9.63M	5.14M
Deferred Tax Liability Non Current	22.73M	23.51M	19.62M	7.03M	2.11M
Other Non Current Liabilities	12.17M	9.31M	5.22M	1K	-
Total Liabilities	789M	1.13B	1.23B	293M	298M
Common Stock, Total	133M	106M	106M	106M	106M
Additional Paid In Capital	158M	-	-	-	-
Retained Earnings	647M	675M	760M	418M	-
Comprehensive Income and Other	4.48M	5.76M	7.31M	4.19M	581M
Total Common Equity	943M	787M	873M	529M	687M
Total Equity	943M	787M	873M	529M	687M
Total Liabilities And Equity	1.73B	1.92B	2.1B	822M	985M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	13.32M	10.62M	10.62M	10.62M	10.63M
ECS Total Common Shares Outstanding	13.32M	10.62M	10.62M	10.62M	10.63M
Book Value / Share	70.77	74.08	82.22	49.8	64.67
Tangible Book Value	914M	763M	858M	529M	687M
Tangible Book Value Per Share	68.63	71.86	80.75	49.8	64.67
Total Debt	383M	549M	559M	160M	146M
Net Debt	16.16M	174M	193M	-58.61M	-180M
Debt Equivalent of Unfunded Proj. Benefit Obligation	14.94M	15.8M	16.78M	7.98M	-
Debt Equivalent Oper. Leases	400K	400K	400K	-	-
Equity Method Investments, Total	1.38M	1.62M	2.14M	2.36M	2.59M
Account Code - Inventory Valuation	5	5	5	5	-
Inventories - Raw Materials, Total	160M	224M	285M	64.55M	-
Inventories - Work In Process, Total	17.63M	20.23M	33.7M	42.49M	-
Inventories - Finished Goods, Total	89.96M	126M	160M	49.56M	-
Inventories - Others	14.8M	33.13M	39.94M	7.55M	-
Land - (BS)	120M	122M	122M	25.34M	-
Buildings, Total	244M	269M	273M	184M	-
Machinery, Total	1.02B	1.01B	1.06B	487M	-
Full Time Employees	416	355	344	236	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	170K	909K	132K	-

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	60.74M	72.88M	84.43M	110M	168M
Depreciation & Amortization - CF	44.49M	80.16M	80.29M	36.44M	37.46M
Amortization of Goodwill and Intangible Assets - (CF)	49.52M	4.95M	4.13M	-	-
Depreciation & Amortization, Total	94.01M	85.11M	84.42M	36.44M	37.46M
Amortization of Deferred Charges, Total - (CF)	2K	158K	126K	-	-
(Gain) Loss From Sale Of Asset	-39K	-3.44M	-18.81M	-52K	-552K
Asset Writedown & Restructuring Costs	-	-	18K	-	-
Provision and Write-off of Bad Debts	853K	1.41M	1.26M	1.72M	562K
Other Operating Activities, Total	257K	-42.63M	8.8M	18.74M	-44.55M
Change In Accounts Receivable	59.7M	-73.22M	-95.25M	-8.48M	-42.73M
Change In Inventories	71.72M	-121M	-115M	25.64M	-6.48M
Change In Accounts Payable	-130M	202M	82.68M	-23.09M	57.1M
Change in Other Net Operating Assets	7.57M	-37.43M	28.66M	5.22M	-31.26M
Cash from Operations	165M	83.85M	61.03M	166M	137M
Capital Expenditure	-69.45M	-66.39M	-50.13M	-28.51M	-29M
Sale of Property, Plant, and Equipment	1.25M	5.86M	22.71M	360K	3.4M
Investment in Marketable and Equity Securities, Total	-121M	-88.3M	97.04M	-65.22M	-79.62M
Other Investing Activities, Total	18.15M	22.9M	20.89M	10.43M	19.13M
Cash from Investing	-171M	-126M	90.5M	-82.94M	-86.08M
Short Term Debt Issued, Total	8.91M	94.16M	100M	-	-
Long-Term Debt Issued, Total	25.04M	95.7M	-	-	-
Total Debt Issued	33.95M	190M	100M	-	-
Short Term Debt Repaid, Total	-	-	-	-5.63M	-10.03M
Long-Term Debt Repaid, Total	-	-	-120M	-17.98M	-4.05M
Total Debt Repaid	-	-	-120M	-23.61M	-14.08M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-160M	-	-	-
Other Financing Activities, Total	-25.7M	-38.91M	-46.09M	-13.83M	-9.61M
Cash from Financing	8.25M	-9.54M	-65.6M	-37.44M	-23.69M
Miscellaneous Cash Flow Adjustments	1K	-2K	-1K	-	-
Net Change in Cash	1.91M	-51.63M	85.94M	46.11M	27.56M
Supplemental Items
Cash Interest Paid	28.48M	38.91M	46.09M	13.83M	9.61M
Cash Income Tax Paid (Refund)	18.42M	68.97M	27.38M	21.16M	74.63M
Levered Free Cash Flow	61.65M	33.38M	-67.56M	377M	90.9M
Unlevered Free Cash Flow	79.45M	57.7M	-38.75M	386M	97.55M
Change In Net Working Capital	-2.27M	21.74M	139M	-285M	37.78M
Net Debt Issued / Repaid	33.95M	190M	-19.51M	-23.61M	-14.08M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.01	3.32	3.26	6.35	14.04
Return on Total Capital	4.14	4.55	4.74	8.76	16.66
Return On Equity %	6.66	8.43	10.17	15.74	27.59
Return on Common Equity	6.66	8.43	10.17	15.74	27.59
Margin Analysis
Gross Profit Margin %	24.03	19.14	16.3	39.71	50.89
SG&A Margin	8.01	6.36	5.21	9.56	8.74
EBITDA Margin %	12.86	9.22	7.08	24.05	26.1
EBITA Margin %	9.65	5.16	4.08	19.31	22.04
EBIT Margin %	6.08	4.91	3.93	19.31	22.04
Income From Continuing Operations Margin %	4.38	3.69	3.15	14.34	18.21
Net Income Margin %	4.38	3.69	3.15	14.34	18.21
Net Avail. For Common Margin %	4.38	3.69	3.15	14.34	18.21
Normalized Net Income Margin	3.33	2.74	1.94	12.01	14.88
Levered Free Cash Flow Margin	4.45	1.69	-2.52	49.02	9.87
Unlevered Free Cash Flow Margin	5.73	2.92	-1.45	50.15	10.59
Asset Turnover
Asset Turnover	0.79	1.08	1.33	0.53	1.02
Fixed Assets Turnover	2.04	2.98	4.19	1.67	3.15
Receivables Turnover (Average Receivables)	4.19	5.83	6.28	2.66	7.84
Inventory Turnover (Average Inventory)	3.3	4.65	4.86	1.36	2.7
Short Term Liquidity
Current Ratio	1.62	1.36	1.32	2.09	2.6
Quick Ratio	1.11	0.85	0.78	1.35	1.86
Operating Cash Flow to Current Liabilities	0.26	0.09	0.06	0.68	0.52
Days Sales Outstanding (Average Receivables)	87.11	62.57	58.15	137.52	46.56
Days Outstanding Inventory (Average Inventory)	110.47	78.43	75.14	269.33	135.05
Average Days Payable Outstanding	140.1	84.6	82.6	1.06K	67.7
Cash Conversion Cycle (Average Days)	57.48	56.4	50.69	-656.78	113.91
Long Term Solvency
Total Debt/Equity	40.68	69.84	63.97	30.31	21.27
Total Debt / Total Capital	28.92	41.12	39.01	23.26	17.54
LT Debt/Equity	10.76	22.03	9.38	5.59	3.71
Long-Term Debt / Total Capital	7.65	12.97	5.72	4.29	3.06
Total Liabilities / Total Assets	45.57	59.05	58.5	35.68	30.21
EBIT / Interest Expense	2.96	2.49	2.28	10.75	19.05
EBITDA / Interest Expense	6.26	4.68	4.11	13.38	22.57
(EBITDA - Capex) / Interest Expense	3.82	2.97	3.02	11.32	19.85
Total Debt / EBITDA	2.15	3.02	2.95	0.87	0.61
Net Debt / EBITDA	0.09	0.95	1.02	-0.32	-0.75
Total Debt / (EBITDA - Capex)	3.53	4.75	4.01	1.02	0.69
Net Debt / (EBITDA - Capex)	0.15	1.5	1.39	-0.37	-0.85
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-23.38	42.52	35.53	-71.24	19.8
Gross Profit, 1 Yr. Growth %	-6.29	13.51	15.4	-29.92	22.08
EBITDA, 1 Yr. Growth %	7.96	2.18	4.1	-2.31	31.51
EBITA, 1 Yr. Growth %	92.64	14.34	7.19	36.15	38.66
EBIT, 1 Yr. Growth %	30.62	15.18	8.41	41.5	38.66
Earnings From Cont. Operations, 1 Yr. Growth %	32.1	19.98	15.85	30.69	52.04
Net Income, 1 Yr. Growth %	32.1	19.98	15.85	30.69	52.04
Normalized Net Income, 1 Yr. Growth %	40.91	17.16	-4.19	78.54	48.15
Diluted EPS Before Extra, 1 Yr. Growth %	32.59	31.94	45.87	30.69	52.07
Accounts Receivable, 1 Yr. Growth %	-16.58	20.13	30.85	-80.38	47.98
Inventory, 1 Yr. Growth %	-20.23	42.74	28.57	-68.36	3.95
Net Property, Plant and Equip., 1 Yr. Growth %	-3.02	-2.42	-4.62	-52.07	-4.18
Total Assets, 1 Yr. Growth %	-1.8	10.94	9.5	-60.91	19.76
Tangible Book Value, 1 Yr. Growth %	7.83	-16.51	12.37	-38.33	29.95
Common Equity, 1 Yr. Growth %	6.97	-16.54	10.99	-39.43	29.95
Cash From Operations, 1 Yr. Growth %	-29.18	-49.05	-27.21	172.77	-17.51
Capital Expenditures, 1 Yr. Growth %	-45.99	-4.41	-24.5	-43.13	1.73
Levered Free Cash Flow, 1 Yr. Growth %	59.81	-49.61	-302.41	-658.55	-75.78
Unlevered Free Cash Flow, 1 Yr. Growth %	40.54	-31.35	-167.17	-1.1K	-74.64
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-13.7	4.5	38.99	-37.57	-41.33
Gross Profit, 2 Yr. CAGR %	-2.49	3.13	14.45	-10.07	3.67
EBITDA, 2 Yr. CAGR %	6.18	5.01	3.13	0.84	12.65
EBITA, 2 Yr. CAGR %	38.61	21.14	10.71	20.81	36.35
EBIT, 2 Yr. CAGR %	14.12	22.61	11.74	23.85	39.01
Earnings From Cont. Operations, 2 Yr. CAGR %	10.66	25.89	17.9	23.05	40.96
Net Income, 2 Yr. CAGR %	10.66	25.89	17.9	23.05	40.96
Normalized Net Income, 2 Yr. CAGR %	23.33	28.43	5.95	30.79	62.67
Diluted EPS Before Extra, 2 Yr. CAGR %	10.87	31.97	32.33	38.07	40.98
Accounts Receivable, 2 Yr. CAGR %	-10.86	1.24	25.37	-49.33	-46.12
Inventory, 2 Yr. CAGR %	-11.2	6.7	35.47	-36.22	-42.65
Net Property, Plant and Equip., 2 Yr. CAGR %	0.54	-2.72	-3.52	-32.38	-32.23
Total Assets, 2 Yr. CAGR %	0.39	4.38	10.21	-34.58	-31.58
Tangible Book Value, 2 Yr. CAGR %	7.33	-5.12	-3.14	-16.76	-10.48
Common Equity, 2 Yr. CAGR %	6.45	-5.52	-3.76	-18.01	-11.28
Cash From Operations, 2 Yr. CAGR %	19.78	-39.93	-39.1	40.91	50
Capital Expenditures, 2 Yr. CAGR %	-3.75	-28.15	-15.04	-34.47	-23.94
Levered Free Cash Flow, 2 Yr. CAGR %	42.14	-6.98	0.98	236.23	15.99
Unlevered Free Cash Flow, 2 Yr. CAGR %	37.78	1.03	-32.1	158.66	58.66
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-15.28	2.01	13.96	-17.79	-22.44
Gross Profit, 3 Yr. CAGR %	2.18	2.58	7.07	-2.82	7.44
EBITDA, 3 Yr. CAGR %	8.79	4.82	4.7	1.28	9.73
EBITA, 3 Yr. CAGR %	33.14	13.53	16.3	18.61	25.84
EBIT, 3 Yr. CAGR %	16.25	14.44	17.68	20.89	27.95
Earnings From Cont. Operations, 3 Yr. CAGR %	16.81	13.68	22.45	22.02	32.04
Net Income, 3 Yr. CAGR %	16.81	13.68	22.45	22.02	32.04
Normalized Net Income, 3 Yr. CAGR %	20.82	21.2	16.48	26.08	36.35
Diluted EPS Before Extra, 3 Yr. CAGR %	14.6	17.31	32.22	31.78	42.59
Accounts Receivable, 3 Yr. CAGR %	-9.85	-0.79	10.28	-32.44	-27.57
Inventory, 3 Yr. CAGR %	-5.35	4.02	13.54	-16.57	-24.94
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.53	-0.45	-3.35	-23.59	-24.05
Total Assets, 3 Yr. CAGR %	1.09	3.79	6.06	-21.99	-19.97
Tangible Book Value, 3 Yr. CAGR %	10.56	-1.29	0.38	-16.68	-3.43
Common Equity, 3 Yr. CAGR %	9.41	-1.84	-0.31	-17.52	-4.4
Cash From Operations, 3 Yr. CAGR %	7.84	-9.92	-35.96	0.38	17.88
Capital Expenditures, 3 Yr. CAGR %	-27.77	-3.97	-26.95	-25.68	-24.13
Levered Free Cash Flow, 3 Yr. CAGR %	-20.71	3.04	20.54	78.59	39.65
Unlevered Free Cash Flow, 3 Yr. CAGR %	-11.76	11.3	-11.83	66.22	19.13
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-3.87	-0.52	3.27	-16.18	-12.62
Gross Profit, 5 Yr. CAGR %	3.21	3.7	6.92	-2.68	5.7
EBITDA, 5 Yr. CAGR %	5.65	4.92	6.48	3.21	7.81
EBITA, 5 Yr. CAGR %	16.42	9.83	14.02	16.39	23.94
EBIT, 5 Yr. CAGR %	6.47	9.08	14.41	18.12	25.79
Earnings From Cont. Operations, 5 Yr. CAGR %	14.55	16.49	17.24	17.34	29.55
Net Income, 5 Yr. CAGR %	14.55	16.49	17.24	17.34	29.55
Normalized Net Income, 5 Yr. CAGR %	11.25	13.06	14.61	24.95	33.13
Diluted EPS Before Extra, 5 Yr. CAGR %	5.49	16.76	21.28	22.87	35.66
Accounts Receivable, 5 Yr. CAGR %	-0.33	-0.34	3.33	-24.17	-17.19
Inventory, 5 Yr. CAGR %	2.23	5.55	9.25	-14.46	-13.6
Net Property, Plant and Equip., 5 Yr. CAGR %	0.91	1.34	-1.74	-14.72	-16.15
Total Assets, 5 Yr. CAGR %	4.88	5.33	4.65	-13.71	-11
Tangible Book Value, 5 Yr. CAGR %	12.78	4.09	4.86	-7.79	-4.11
Common Equity, 5 Yr. CAGR %	13.14	4.5	3.94	-8.66	-4.85
Cash From Operations, 5 Yr. CAGR %	1.99	12.33	-14.2	7.74	-9.98
Capital Expenditures, 5 Yr. CAGR %	-2.85	5.14	-22.93	-17.58	-25.76
Levered Free Cash Flow, 5 Yr. CAGR %	1.26	9.71	-11.39	65.37	18.7
Unlevered Free Cash Flow, 5 Yr. CAGR %	3	15.35	-19.64	55.95	11.53