Anuncio • May 20
Mahalaxmi Rubtech Limited to Report Q4, 2026 Results on May 28, 2026 Mahalaxmi Rubtech Limited announced that they will report Q4, 2026 results on May 28, 2026 Buy Or Sell Opportunity • Apr 01
Now 20% overvalued Over the last 90 days, the stock has fallen 21% to ₹165. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 52% over the last 3 years. Earnings per share has grown by 35%. Buy Or Sell Opportunity • Mar 11
Now 32% overvalued Over the last 90 days, the stock has fallen 19% to ₹181. The fair value is estimated to be ₹137, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 52% over the last 3 years. Earnings per share has grown by 35%. New Risk • Mar 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risk Market cap is less than US$100m (₹1.83b market cap, or US$19.9m). Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹5.69 (vs ₹4.72 in 3Q 2025) Third quarter 2026 results: EPS: ₹5.69 (up from ₹4.72 in 3Q 2025). Revenue: ₹286.3m (up 19% from 3Q 2025). Net income: ₹60.4m (up 21% from 3Q 2025). Profit margin: 21% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Anuncio • Feb 05
Mahalaxmi Rubtech Limited to Report Q3, 2026 Results on Feb 12, 2026 Mahalaxmi Rubtech Limited announced that they will report Q3, 2026 results at 3:30 PM, Indian Standard Time on Feb 12, 2026 New Risk • Dec 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹2.17b market cap, or US$24.1m). Reported Earnings • Nov 15
Second quarter 2026 earnings released: EPS: ₹5.53 (vs ₹3.29 in 2Q 2025) Second quarter 2026 results: EPS: ₹5.53 (up from ₹3.29 in 2Q 2025). Revenue: ₹310.2m (up 31% from 2Q 2025). Net income: ₹58.8m (up 68% from 2Q 2025). Profit margin: 19% (up from 15% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Anuncio • Nov 04
Mahalaxmi Rubtech Limited to Report Q2, 2026 Results on Nov 13, 2025 Mahalaxmi Rubtech Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Anuncio • Sep 01
Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 27, 2025 Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 27, 2025, at 11:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹4.50 (vs ₹3.07 in 1Q 2025) First quarter 2026 results: EPS: ₹4.50 (up from ₹3.07 in 1Q 2025). Revenue: ₹256.9m (up 25% from 1Q 2025). Net income: ₹44.4m (up 36% from 1Q 2025). Profit margin: 17% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Anuncio • Aug 06
Mahalaxmi Rubtech Limited to Report Q1, 2026 Results on Aug 12, 2025 Mahalaxmi Rubtech Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹15.80 (vs ₹10.39 in FY 2024) Full year 2025 results: EPS: ₹15.80 (up from ₹10.39 in FY 2024). Revenue: ₹948.2m (up 23% from FY 2024). Net income: ₹167.8m (up 52% from FY 2024). Profit margin: 18% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Anuncio • May 22
Mahalaxmi Rubtech Limited to Report Q4, 2025 Results on May 28, 2025 Mahalaxmi Rubtech Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • May 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (₹2.49b market cap, or US$29.1m). Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹262, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 171% over the past three years. Anuncio • Feb 04
Mahalaxmi Rubtech Limited to Report Q3, 2025 Results on Feb 11, 2025 Mahalaxmi Rubtech Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹230, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 30x in the Luxury industry in India. Total returns to shareholders of 436% over the past three years. Anuncio • Jan 01
Mahalaxmi Rubtech Limited Appoints Kalpana Kumari as Company Secretary and Compliance Officer Mahalaxmi Rubtech Limited at its board meeting held on January 1, 2025, appointed CS Kalpana Kumari as a Company Secretary & Compliance Officer (Key Managerial Person) of the Company, pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, with effect from January 1, 2025. CS Kalpana Kumari have distinguished legal and corporate governance professional, holding esteemed qualifications as a Company Secretary (CS), along with Maters in Business Law, Degree and Commerce (B.Com). She appeared for corporate matters in NCLT, Ahmedabad, Mumbai and Delhi. She conducts Secretarial Audit, LODR Compliance and other Corporate affairs. She is visiting Faculty Vadodara ICSI Chapter. She conducts seminars for Soft skill for professional and students. She exemplifies an exceptional capability to adeptly interpret and apply intricate legal frameworks and statutory requirements. Her professional acumen extends across corporate governance, meticulous legal due diligence, and strategic compliance advisement, ensuring unwavering adherence to legal standards and fostering a culture of strong corporate integrity. New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (₹1.98b market cap, or US$23.4m). Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹187, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 405% over the past three years. Reported Earnings • Nov 15
Second quarter 2025 earnings released: EPS: ₹3.29 (vs ₹2.64 in 2Q 2024) Second quarter 2025 results: EPS: ₹3.29 (up from ₹2.64 in 2Q 2024). Revenue: ₹241.5m (down 66% from 2Q 2024). Net income: ₹34.9m (up 24% from 2Q 2024). Profit margin: 14% (up from 4.0% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Nov 06
Mahalaxmi Rubtech Limited to Report Q2, 2025 Results on Nov 13, 2024 Mahalaxmi Rubtech Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Nehal Shah was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Sep 06
Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 30, 2024 Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 30, 2024. Buy Or Sell Opportunity • Aug 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to ₹178. The fair value is estimated to be ₹225, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.7% over the last 3 years. Earnings per share has grown by 23%. New Risk • Aug 15
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹327m (US$3.9m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Revenue is less than US$5m (₹327m revenue, or US$3.9m). Market cap is less than US$100m (₹1.79b market cap, or US$21.4m). Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹3.07 (vs ₹1.48 in 1Q 2024) First quarter 2025 results: EPS: ₹3.07 (up from ₹1.48 in 1Q 2024). Revenue: ₹210.1m (down 68% from 1Q 2024). Net income: ₹32.6m (up 107% from 1Q 2024). Profit margin: 16% (up from 2.4% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Aug 05
Mahalaxmi Rubtech Limited to Report Q1, 2025 Results on Aug 13, 2024 Mahalaxmi Rubtech Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Buy Or Sell Opportunity • May 23
Now 24% overvalued Over the last 90 days, the stock has fallen 14% to ₹244. The fair value is estimated to be ₹197, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 23%. Anuncio • May 18
Mahalaxmi Rubtech Limited to Report Q4, 2024 Results on May 24, 2024 Mahalaxmi Rubtech Limited announced that they will report Q4, 2024 results on May 24, 2024 Buy Or Sell Opportunity • May 06
Now 23% overvalued Over the last 90 days, the stock has fallen 15% to ₹241. The fair value is estimated to be ₹195, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last 3 years. Earnings per share has grown by 23%. Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment deteriorates as stock falls 34% After last week's 34% share price decline to ₹219, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 462% over the past three years. New Risk • Apr 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹2.45b market cap, or US$29.4m). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹337, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 29x in the Luxury industry in India. Total returns to shareholders of 771% over the past three years. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹2.12 (vs ₹1.98 in 3Q 2023) Third quarter 2024 results: EPS: ₹2.12 (up from ₹1.98 in 3Q 2023). Revenue: ₹755.2m (up 14% from 3Q 2023). Net income: ₹22.6m (up 7.1% from 3Q 2023). Profit margin: 3.0% (down from 3.2% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Feb 01
Mahalaxmi Rubtech Limited to Report Q3, 2024 Results on Feb 08, 2024 Mahalaxmi Rubtech Limited announced that they will report Q3, 2024 results on Feb 08, 2024 Valuation Update With 7 Day Price Move • Dec 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹262, the stock trades at a trailing P/E ratio of 34.7x. Average trailing P/E is 27x in the Luxury industry in India. Total returns to shareholders of 518% over the past three years. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to ₹245, the stock trades at a trailing P/E ratio of 32.4x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 680% over the past three years. Anuncio • Nov 04
Mahalaxmi Rubtech Limited to Report Q2, 2024 Results on Nov 09, 2023 Mahalaxmi Rubtech Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹198, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 512% over the past three years. Anuncio • Sep 02
Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 26, 2023 Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 26, 2023, at 11:30 Indian Standard Time. Agenda: To consider the Audited Standalone and Consolidated Financial Statement of the Company, for the Financial Year ended on 31% March 2023; to consider appointment of Directors; to consider remuneration of Directors; and to consider other matters. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: ₹1.48 (vs ₹1.89 in 1Q 2023) First quarter 2024 results: EPS: ₹1.48 (down from ₹1.89 in 1Q 2023). Revenue: ₹663.0m (up 11% from 1Q 2023). Net income: ₹15.7m (down 22% from 1Q 2023). Profit margin: 2.4% (down from 3.4% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Aug 01
Mahalaxmi Rubtech Limited to Report Q1, 2024 Results on Aug 08, 2023 Mahalaxmi Rubtech Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Valuation Update With 7 Day Price Move • Jul 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹174, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 22x in the Luxury industry in India. Total returns to shareholders of 454% over the past three years. New Risk • Jun 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (₹1.96b market cap, or US$23.8m). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to ₹189, the stock trades at a trailing P/E ratio of 23.8x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 501% over the past three years. Reported Earnings • May 14
Full year 2023 earnings released: EPS: ₹7.95 (vs ₹5.99 in FY 2022) Full year 2023 results: EPS: ₹7.95 (up from ₹5.99 in FY 2022). Revenue: ₹2.73b (up 38% from FY 2022). Net income: ₹84.4m (up 16% from FY 2022). Profit margin: 3.1% (down from 3.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has increased by 119% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 03
Joint MD & Director recently sold ₹15m worth of stock On the 1st of February, Anand Parekh sold around 60k shares on-market at roughly ₹258 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Anand's only on-market trade for the last 12 months. Reported Earnings • Jan 20
Third quarter 2023 earnings released: EPS: ₹1.98 (vs ₹1.25 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.98 (up from ₹1.25 in 3Q 2022). Revenue: ₹669.1m (up 34% from 3Q 2022). Net income: ₹21.1m (up 48% from 3Q 2022). Profit margin: 3.1% (up from 2.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Jan 10
Mahalaxmi Rubtech Limited to Report Q3, 2023 Results on Jan 19, 2023 Mahalaxmi Rubtech Limited announced that they will report Q3, 2023 results on Jan 19, 2023 Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improved over the past week After last week's 18% share price gain to ₹271, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 724% over the past three years. Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹1.75 (vs ₹1.03 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.75 (up from ₹1.03 in 2Q 2022). Revenue: ₹676.2m (up 47% from 2Q 2022). Net income: ₹18.6m (up 35% from 2Q 2022). Profit margin: 2.7% (down from 3.0% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has increased by 92% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Nov 06
Mahalaxmi Rubtech Limited to Report Q2, 2023 Results on Nov 14, 2022 Mahalaxmi Rubtech Limited announced that they will report Q2, 2023 results at 3:30 PM, Indian Standard Time on Nov 14, 2022 Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 19% share price gain to ₹226, the stock trades at a trailing P/E ratio of 29x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 566% over the past three years. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 32% share price gain to ₹198, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 423% over the past three years. Anuncio • Sep 08
Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 30, 2022 Mahalaxmi Rubtech Limited, Annual General Meeting, Sep 30, 2022, at 11:30 Indian Standard Time. Agenda: To consider Audited Standalone and Consolidated Financial Statement of the Company for the Financial Year ended on 31st March 2022, consisting of the Balance Sheet as at 31st March, 2022, the Statement of Profit and Loss, the Cash Flow Statement and Statement of Changes in Equity for the Financial Year ended on that date and the explanatory notes annexed to or forming part thereof together with the Board's Report and Auditors' Report thereon, be and are hereby adopted; to Shri Jeetmal B. Parekh Director liable to retire by rotation at this Annual General Meeting, being eligible and willing to offer himself for reappointment, be and is hereby re-appointed as a Director of the Company; and to discuss other matters. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 25% share price gain to ₹200, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 436% over the past three years. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 16% share price gain to ₹172, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 332% over the past three years. Reported Earnings • Aug 12
First quarter 2023 earnings released: EPS: ₹1.89 (vs ₹1.10 in 1Q 2022) First quarter 2023 results: EPS: ₹1.89 (up from ₹1.10 in 1Q 2022). Revenue: ₹622.8m (up 77% from 1Q 2022). Net income: ₹20.1m (up 38% from 1Q 2022). Profit margin: 3.2% (down from 4.1% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 17% share price gain to ₹139, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 290% over the past three years. Anuncio • Jun 03
Mahalaxmi Rubtech Limited Announces Cessation of Prinsaben Prajapati as an Independent Director Mahalaxmi Rubtech Limited informed that the Board of Directors of the Company in its Board Meeting held on May 30, 2022, have taken note that Ms. Prinsaben Prajapati (DIN: 09185859) has completed the term of office on May 30, 2022, as an Independent Director of the Company and consequently she also ceased to be a Director of the Company with effect from close of business hours of May 30, 2022. Reported Earnings • Jun 03
Full year 2022 earnings released: EPS: ₹6.34 (vs ₹4.56 in FY 2021) Full year 2022 results: EPS: ₹6.34 (up from ₹4.56 in FY 2021). Revenue: ₹2.02b (up 46% from FY 2021). Net income: ₹77.1m (up 27% from FY 2021). Profit margin: 3.8% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • May 25
Mahalaxmi Rubtech Limited to Report Q4, 2022 Results on May 30, 2022 Mahalaxmi Rubtech Limited announced that they will report Q4, 2022 results on May 30, 2022 Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 17% share price gain to ₹142, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 264% over the past three years. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 17% share price gain to ₹145, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 268% over the past three years. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improved over the past week After last week's 17% share price gain to ₹134, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 246% over the past three years. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.25 (down from ₹1.44 in 3Q 2021). Revenue: ₹500.0m (up 28% from 3Q 2021). Net income: ₹14.3m (down 26% from 3Q 2021). Profit margin: 2.9% (down from 4.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improved over the past week After last week's 25% share price gain to ₹89.30, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 121% over the past three years. Valuation Update With 7 Day Price Move • Dec 31
Investor sentiment improved over the past week After last week's 15% share price gain to ₹70.95, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 58% over the past three years. Reported Earnings • Nov 01
Second quarter 2022 earnings released: EPS ₹1.03 (vs ₹2.00 in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹467.1m (up 44% from 2Q 2021). Net income: ₹13.7m (down 49% from 2Q 2021). Profit margin: 2.9% (down from 8.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improved over the past week After last week's 19% share price gain to ₹80.75, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 16x in the Luxury industry in India. Total returns to shareholders of 76% over the past three years. Reported Earnings • Aug 18
First quarter 2022 earnings released: EPS ₹1.10 (vs ₹0.78 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹359.8m (up 241% from 1Q 2021). Net income: ₹14.6m (up ₹25.0m from 1Q 2021). Profit margin: 4.1% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 21% share price gain to ₹59.45, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 40% over the past three years. Reported Earnings • Jun 04
Full year 2021 earnings released: EPS ₹4.56 (vs ₹3.44 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹1.41b (down 22% from FY 2020). Net income: ₹60.7m (up 32% from FY 2020). Profit margin: 4.3% (up from 2.5% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improved over the past week After last week's 17% share price gain to ₹44.55, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Luxury industry in India. Total loss to shareholders of 9.0% over the past three years. Executive Departure • Apr 03
Independent Non-Executive Director has left the company On the 1st of April, Chiragbhai Shah's tenure as Independent Non-Executive Director ended after 1.6 years in the role. We don't have any record of a personal shareholding under Chiragbhai's name. A total of 2 executives have left over the last 12 months. Executive Departure • Apr 03
Independent Non-Executive Director has left the company On the 1st of April, Nirmal Desai's tenure as Independent Non-Executive Director ended after 1.6 years in the role. We don't have any record of a personal shareholding under Nirmal's name. A total of 2 executives have left over the last 12 months. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹1.44 (vs ₹0.59 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹391.3m (down 2.2% from 3Q 2020). Net income: ₹19.2m (up 140% from 3Q 2020). Profit margin: 4.9% (up from 2.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year. Anuncio • Feb 05
Mahalaxmi Rubtech Limited to Report Q3, 2021 Results on Feb 12, 2021 Mahalaxmi Rubtech Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Is New 90 Day High Low • Jan 01
New 90-day high: ₹46.15 The company is up 34% from its price of ₹34.35 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 25% over the same period. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 16% share price gain to ₹46.15, the stock is trading at a trailing P/E ratio of 17.3x, up from the previous P/E ratio of 15x. This compares to an average P/E of 19x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 24%. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 22% share price gain to ₹41.25, the stock is trading at a trailing P/E ratio of 15.5x, up from the previous P/E ratio of 12.8x. This compares to an average P/E of 16x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 23%. Is New 90 Day High Low • Nov 16
New 90-day high: ₹36.00 The company is up 7.0% from its price of ₹33.70 on 18 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 13% over the same period. Reported Earnings • Nov 12
Second quarter 2021 earnings released: EPS ₹2.00 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₹326.7m (down 31% from 2Q 2020). Net income: ₹26.7m (up 90% from 2Q 2020). Profit margin: 8.2% (up from 3.0% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 15% per year. Anuncio • Nov 03
Mahalaxmi Rubtech Limited to Report Q2, 2021 Results on Nov 10, 2020 Mahalaxmi Rubtech Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Is New 90 Day High Low • Oct 01
New 90-day high: ₹34.35 The company is up 5.0% from its price of ₹32.75 on 03 July 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 15% over the same period. Anuncio • Sep 06
Mahalaxmi Rubtech Limited to Report Q1, 2021 Results on Sep 14, 2020 Mahalaxmi Rubtech Limited announced that they will report Q1, 2021 results on Sep 14, 2020