Mahalaxmi Rubtech Ltd

Manufacturer and trader of textile products, including printing blankets, rubber-coated fabrics, and technical textiles.

1991 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Mahalaxmi Rubtech Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.62 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 130.84 Cr
  • Satisfied Charges ₹ 13.66 Cr
  • Revenue Growth -61.78%
  • Profit Growth 89.47%
  • Ebitda 26.51%
  • Net Worth -36.30%
  • Total Assets -56.27%

About Mahalaxmi Rubtech

Mahalaxmi Rubtech Ltd (MRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 September 1991 and has a history of 33 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514450 and on the National Stock Exchange(NSE) under MHLXMIRU.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 11.00 Cr and a paid-up capital of Rs 10.62 Cr.

The company currently has active open charges totaling ₹130.84 Cr. The company has closed loans amounting to ₹13.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahalaxmi Rubtech Ltd India are Rajendra Mehta as CFO and Kalpana Kumari as Company Secretary. Nehal Shah, Rahul Parekh, Anand Parekh, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25190GJ1991PLC016327

  • Company No.

    016327

  • Stock Symbol

    BSE : 514450 NSE : MHLXMIRU

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Mahalaxmi Rubtech Ltd offer?

Mahalaxmi Rubtech Ltd offers a wide range of products and services, including Transformer Parts, Rubber Air Cell, Industrial Fabric, Rubberized Fabrics, Printing Machinery Spares, Printing Blanket, Printing Machinery & Equipment, Wiper Seals, Rubber Wiper Seal.

Who are the key members and board of directors at Mahalaxmi Rubtech?

Executive Team (4)

NameDesignationAppointment DateStatus
Rahul Parekh Country flag representing In Managing Director01-Aug-2007Current
Anand Parekh Country flag representing In Managing Director19-Nov-2008Current
Rajendra Mehta Country flag representing In CFO30-May-2014Current
Kalpana Kumari Country flag representing In Company Secretary06-Jan-2025Current

Board Members (4)

NameDesignationAppointment DateStatus
Nehal Shah Country flag representing In Director 01-Oct-2021Current
Jeetmal Parekh Country flag representing In Director 27-Aug-1993Current
Balveermal Singhvi Country flag representing In Director 01-Apr-2021Current
Sangita Shingi Country flag representing In Director 31-Mar-2016Current

Financial Performance of Mahalaxmi Rubtech.

Mahalaxmi Rubtech Ltd, for the financial year ended 2024, experienced significant reduction in revenue, with a 61.78% decrease. The company also saw a substantial improvement in profitability, with a 89.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.3%.

Mahalaxmi Rubtech revenue growth over time
Mahalaxmi Rubtech profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-61.78%
Revenue from Operations
-61.54%
Total Assets
-56.27%
Profit or Loss
89.47%
Net Worth
-36.30%
EBITDA
26.51%

What is the Ownership and Shareholding Structure of Mahalaxmi Rubtech?

In 2024, Mahalaxmi Rubtech had a promoter holding of 64.80% and a public holding of 35.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹130.84 Cr

Satisfied Charges

₹13.66 Cr

Charges Breakdown by Lending Institutions

  • Others : 130.14 Cr
  • Hdfc Bank Limited : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2024Hdfc Bank Limited₹7.00 MOpen
21 Feb 2006Others₹65.07 CrOpen
09 Nov 1994Others₹65.07 CrOpen
25 Apr 2023Hdfc Bank Limited₹1.00 MSatisfied
05 Apr 2023Hdfc Bank Limited₹1.00 MSatisfied

How Many Employees Work at Mahalaxmi Rubtech?

Mahalaxmi Rubtech has a workforce of 260 employees as of Feb 28, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mahalaxmi Rubtech Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahalaxmi Rubtech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahalaxmi Rubtech's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mahalaxmi Rubtech

Recent activity within the organization

  • Director Appointment

    Kalpana Kumari was appointed as a Company Secretary was appointed as a Company Secretary on 06 Jan 2025 & has been associated with this company since 2 months 20 days .

  • Annual General Meeting

    Mahalaxmi Rubtech Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mahalaxmi Rubtech Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • 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.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mahalaxmi Rubtech Ltd?

    Mahalaxmi Rubtech Ltd was incorporated on 25 Sep 1991.

  • What is authorized share capital and paid-up capital of Mahalaxmi Rubtech Ltd?

    The authorized share capital of Mahalaxmi Rubtech Ltd is ₹ 11.00 Cr and paid-up capital is ₹ 10.62 Cr.

  • Who are the current board members & directors of Mahalaxmi Rubtech Ltd?

    Currently 8 directors are associated with Mahalaxmi Rubtech Ltd.

    • Nehal Mayurbhai Shah
    • Rahul Jeetmal Parekh
    • Anand Jeetmal Parekh
    • Jeetmal Bhoorchand Parekh
    • Balveermal Kewalmal Singhvi
    • Sangita Shingi
    • Rajendra Ratanchand Mehta
    • Kalpana Kumari

  • What is the registered address of Mahalaxmi Rubtech Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahalaxmi Rubtech Ltd is Mahalaxmi House Ysl Avenue Opp. Ketav Petrol Pump Ambawadi, India, Ahmadabad City, Gujarat, 380015.

  • What is the corporate identification number (CIN) and company number of Mahalaxmi Rubtech Ltd?

    The corporate identification number (CIN) of Mahalaxmi Rubtech Ltd is L25190GJ1991PLC016327 and the company number is 016327 as per Ministry of Corporate Affairs (MCA).

  • Is Mahalaxmi Rubtech Ltd registered with any stock exchange in India?

    Yes, Mahalaxmi Rubtech Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MHLXMIRU.

  • What is the official website of Mahalaxmi Rubtech Ltd?

    The Official website of Mahalaxmi Rubtech Ltd is https://www.mrtglobal.com

  • What has been the recent revenue trend for Mahalaxmi Rubtech Ltd?

    According to the financial reports for the fiscal year 2024, the revenue trend for Mahalaxmi Rubtech Ltd has fallen by -61.78%.

  • How many employees does Mahalaxmi Rubtech Ltd currently have?

    As Per 2024 financial reports, 260 employees are currently employed by Mahalaxmi Rubtech Ltd.

  • What change has been observed in the net worth of Mahalaxmi Rubtech Ltd, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Mahalaxmi Rubtech Ltd has experienced an downturn of -36.30%.

  • What are the total open charges for Mahalaxmi Rubtech Ltd?

    As per the financial statements for fiscal Year 2024, The total open charges for Mahalaxmi Rubtech Ltd amount to ₹ 130.84 Cr.

  • When was the last Balance Sheet of Mahalaxmi Rubtech Ltd filed with the ROC?

    The most recent Balance Sheet for Mahalaxmi Rubtech Ltd was filed with the ROC on 31 Mar 2024.

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