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Mahalaxmi Rubtech

BSE:514450
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
514450
BSE
₹536M
Market Cap
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Last updated 2019/02/18 12:32
Company description

Mahalaxmi Rubtech Limited manufactures and sells textiles, dyes, pigments, auxiliaries, and synthetic rubber/PU coated fabrics in India. The last earnings update was 264 days ago. More info.

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514450 Share Price and Events
7 Day Returns
3.7%
BSE:514450
-2.1%
IN Luxury
-2.4%
IN Market
1 Year Returns
-23.9%
BSE:514450
-8.5%
IN Luxury
-9%
IN Market
514450 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Mahalaxmi Rubtech (514450) 3.7% -2.9% -5.8% -23.9% 21.3% 34.1%
IN Luxury -2.1% -1.1% -3.2% -8.5% 49.4% 189.7%
IN Market -2.4% -4.1% -4% -9% 41.6% 79.8%
1 Year Return vs Industry and Market
  • 514450 underperformed the Luxury industry which returned -8.5% over the past year.
  • 514450 underperformed the Market in India which returned -9% over the past year.
Price Volatility
514450
Industry
5yr Volatility vs Market

514450 Value

 Is Mahalaxmi Rubtech undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Mahalaxmi Rubtech. This is due to cash flow or dividend data being unavailable. The share price is ₹41.85.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Mahalaxmi Rubtech's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Mahalaxmi Rubtech's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:514450 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹3.57
BSE:514450 Share Price ** BSE (2019-02-18) in INR ₹41.85
India Luxury Industry PE Ratio Median Figure of 238 Publicly-Listed Luxury Companies 11.72x
India Market PE Ratio Median Figure of 2,718 Publicly-Listed Companies 15.15x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Mahalaxmi Rubtech.

BSE:514450 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:514450 Share Price ÷ EPS (both in INR)

= 41.85 ÷ 3.57

 11.71x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mahalaxmi Rubtech is good value based on earnings compared to the IN Luxury industry average.
  • Mahalaxmi Rubtech is good value based on earnings compared to the India market.
Price based on expected Growth
Does Mahalaxmi Rubtech's expected growth come at a high price?
Raw Data
BSE:514450 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.71x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts		 13.2%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 1.11x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Mahalaxmi Rubtech, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Mahalaxmi Rubtech's assets?
Raw Data
BSE:514450 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹62.75
BSE:514450 Share Price * BSE (2019-02-18) in INR ₹41.85
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.7x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
BSE:514450 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:514450 Share Price ÷ Book Value per Share (both in INR)

= 41.85 ÷ 62.75

 0.67x

* Primary Listing of Mahalaxmi Rubtech.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Mahalaxmi Rubtech is good value based on assets compared to the IN Luxury industry average.
Show me more potentially undervalued companies in the Luxury industry
X
Value checks
We assess Mahalaxmi Rubtech's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
    5. Mahalaxmi Rubtech has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

514450 Future Performance

 How is Mahalaxmi Rubtech expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Mahalaxmi Rubtech, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Mahalaxmi Rubtech expected to grow at an attractive rate?
  • Mahalaxmi Rubtech's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Mahalaxmi Rubtech's earnings growth is positive but not above the India market average.
  • Unable to compare Mahalaxmi Rubtech's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:514450 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:514450 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 13.2%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:514450 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:514450 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:514450 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 2,279 131 38
2017-12-31 2,285 33
2017-09-30 2,212 25
2017-06-30 2,181 33
2017-03-31 2,027 47 34
2016-12-31 1,937 28
2016-09-30 1,836 31
2016-06-30 1,731 28
2016-03-31 1,687 149 31
2015-12-31 1,633 29
2015-09-30 1,685 37
2015-06-30 1,584 38

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Mahalaxmi Rubtech's earnings are expected to grow by 13.2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Mahalaxmi Rubtech is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:514450 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (10 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Mahalaxmi Rubtech Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514450 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:514450 Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 3.57
2017-12-31 3.20
2017-09-30
2017-06-30
2017-03-31 3.79
2016-12-31 3.15
2016-09-30 3.54
2016-06-30 3.19
2016-03-31 3.49
2015-12-31 3.25
2015-09-30 4.20
2015-06-30 4.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Mahalaxmi Rubtech will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Mahalaxmi Rubtech's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Mahalaxmi Rubtech has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

514450 Past Performance

  How has Mahalaxmi Rubtech performed over the past 5 years?

  • Mahalaxmi Rubtech's last earnings update was 264 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Mahalaxmi Rubtech's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Mahalaxmi Rubtech's year on year earnings growth rate has been positive over the past 5 years.
  • Mahalaxmi Rubtech's 1-year earnings growth exceeds its 5-year average (12.2% vs 6.7%)
  • Mahalaxmi Rubtech's earnings growth has not exceeded the IN Luxury industry average in the past year (12.2% vs 14%).
Earnings and Revenue History
Mahalaxmi Rubtech's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Mahalaxmi Rubtech Company Filings, last reported 10 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:514450 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 2,278.79 38.11 114.40
2017-12-31 2,285.38 32.85 116.92
2017-09-30 2,211.99 25.49 112.87
2017-06-30 2,180.66 33.44 108.75
2017-03-31 2,026.51 33.98 105.12
2016-12-31 1,936.81 27.83 102.59
2016-09-30 1,836.38 31.29 97.42
2016-06-30 1,731.12 28.15 93.22
2016-03-31 1,687.42 30.80 88.26
2015-12-31 1,632.56 28.73 139.98
2015-09-30 1,685.09 37.48 139.11
2015-06-30 1,584.30 38.04 70.67
2015-03-31 1,447.21 29.12 75.35
2014-12-31 1,334.19 33.43 112.39
2014-09-30 1,321.69 25.78 110.23
2014-06-30 1,403.02 23.34 70.24
2014-03-31 1,494.69 22.93 107.74
2013-12-31 1,519.87 28.32 90.54
2013-09-30 1,450.80 23.82 85.98
2013-06-30 1,355.95 24.05 49.15
2013-03-31 1,224.91 22.06 75.52
2012-12-31 1,167.52 11.64 72.38
2012-09-30 1,103.68 11.74 68.61
2012-06-30 1,012.03 13.15 67.25
2012-03-31 1,066.39 23.45 61.40

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Mahalaxmi Rubtech has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Mahalaxmi Rubtech used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Mahalaxmi Rubtech's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Mahalaxmi Rubtech's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Mahalaxmi Rubtech has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

514450 Health

 How is Mahalaxmi Rubtech's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Mahalaxmi Rubtech's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Mahalaxmi Rubtech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Mahalaxmi Rubtech's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Mahalaxmi Rubtech's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Mahalaxmi Rubtech Company Filings, last reported 10 months ago.

BSE:514450 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 719.73 373.38 117.51
2017-12-31 644.58 371.41 94.26
2017-09-30 644.58 371.41 94.26
2017-06-30 630.30 362.20 117.44
2017-03-31 631.22 362.20 112.03
2016-12-31 530.45 442.34 93.80
2016-09-30 530.45 442.34 93.80
2016-06-30 508.48 438.37 92.74
2016-03-31 508.48 438.37 92.74
2015-12-31 499.03 517.55 76.86
2015-09-30 499.03 517.55 76.86
2015-06-30 477.54 453.80 21.65
2015-03-31 477.54 432.43 21.64
2014-12-31 457.69 514.81 14.46
2014-09-30 457.69 514.81 14.46
2014-06-30 446.13 433.71 4.71
2014-03-31 446.13 499.63 4.71
2013-12-31 433.50 528.45 17.14
2013-09-30 433.50 528.45 17.14
2013-06-30 423.22 483.43 9.88
2013-03-31 423.22 483.74 9.88
2012-12-31 409.57 479.46 8.98
2012-09-30 409.57 479.46 8.98
2012-06-30
2012-03-31 403.24 450.36 4.73
  • Mahalaxmi Rubtech's level of debt (51.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (114.3% vs 51.9% today).
  • Debt is well covered by operating cash flow (35.1%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).
Show me more healthy companies in the Luxury industry
X
Financial health checks
We assess Mahalaxmi Rubtech's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
    7. Mahalaxmi Rubtech has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

514450 Dividends

 What is Mahalaxmi Rubtech's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Mahalaxmi Rubtech dividends.
If you bought ₹2,000 of Mahalaxmi Rubtech shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Mahalaxmi Rubtech's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Mahalaxmi Rubtech's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:514450 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:514450 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:514450 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2014-02-12 0.000 0.000
2013-11-12 0.000 0.000
2013-08-12 0.000 0.000
2013-05-30 0.000 0.000
2012-09-27 0.500 1.256
2011-08-22 0.500 0.892
2011-05-19 0.500 0.523
2010-09-29 0.500 0.337
2009-06-29 0.500 0.602
2009-06-01 0.500 1.565
2009-02-19 0.500 2.570

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Mahalaxmi Rubtech has not reported any payouts.
  • Unable to verify if Mahalaxmi Rubtech's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Mahalaxmi Rubtech's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Mahalaxmi Rubtech has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Mahalaxmi Rubtech's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Mahalaxmi Rubtech afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
    7. Mahalaxmi Rubtech has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

514450 Management

 What is the CEO of Mahalaxmi Rubtech's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rahul Parekh
COMPENSATION ₹1,832,400
AGE 46
TENURE AS CEO 16.5 years
CEO Bio

Mr. Rahul Jeetmal Parekh has been the Managing Director of Mahalaxmi Rubtech Ltd since August 1, 2002 and has been its Executive Director since July 5, 1995.

CEO Compensation
  • Rahul's compensation has been consistent with company performance over the past year.
  • Rahul's remuneration is about average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Mahalaxmi Rubtech management team in years:

8.5
Average Tenure
50
Average Age
  • The average tenure for the Mahalaxmi Rubtech management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Rahul Parekh

TITLE
MD & Executive Director
COMPENSATION
₹2M
AGE
46
TENURE
16.5 yrs

Anand Parekh

TITLE
Joint MD & Director
COMPENSATION
₹2M
AGE
42

Rajendra Mehta

TITLE
Group President & CFO
COMPENSATION
₹228K
AGE
49

Shailesh Koshti

TITLE
Compliance Officer & Company Secretary
TENURE
4.3 yrs

Anantbhai Patel

TITLE
President of Technical Textile Division
AGE
51

Prakash Marathe

TITLE
President of Weaving Division
AGE
59
TENURE
8.5 yrs

Gautam Kothari

TITLE
President of Processing Unit
AGE
53
Board of Directors Tenure

Average tenure and age of the Mahalaxmi Rubtech board of directors in years:

10.3
Average Tenure
46
Average Age
  • The average tenure for the Mahalaxmi Rubtech board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jeetmal Bhoorchand Parekh

TITLE
Non-Executive Chairman
AGE
75

Rahul Parekh

TITLE
MD & Executive Director
COMPENSATION
₹2M
AGE
46
TENURE
23.6 yrs

Anand Parekh

TITLE
Joint MD & Director
COMPENSATION
₹2M
AGE
42
TENURE
10.3 yrs

Nehal Shah

TITLE
Non-Executive Independent Director
AGE
46
TENURE
13.9 yrs

Malav Ajmera

TITLE
Non-Executive Independent Director
AGE
41
TENURE
10.3 yrs

Sangita Singhi

TITLE
Non-Executive Independent Director
AGE
48
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Mahalaxmi Rubtech's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
    5. Mahalaxmi Rubtech has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

514450 News

Simply Wall St News

Was Mahalaxmi Rubtech Limited's (BOM:514450) Earnings Growth Better Than The Industry's?

When Mahalaxmi Rubtech Limited (BOM:514450) announced its most recent earnings (31 March 2018), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. … Did 514450 beat its long-term earnings growth trend and its industry. … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of 4.48%, indicating the rate at which 514450 is growing has accelerated

Simply Wall St - –

514450 Company Info

Map
Description

Mahalaxmi Rubtech Limited manufactures and sells textiles, dyes, pigments, auxiliaries, and synthetic rubber/PU coated fabrics in India. The company operates in two divisions, Traditional Textiles and Polymer Based Technical Textiles. It offers offset printing blankets; rubber textile printing blankets and coated fabrics; and rubber coated fabrics. The company also provides hydraulic seals, including single acting piston/rod seals, double acting piston seals, wiper dust seals, O-rings, wear rings, and anti-extrusion rings; air cells; and technical textiles. In addition, it exports its products. Mahalaxmi Rubtech Limited was founded in 1991 and is headquartered in Ahmedabad, India.

Details
Name: Mahalaxmi Rubtech Limited
514450
Exchange: BSE
Founded: 1991
₹536,141,068
13,320,275
Website: http://www.mrtglobal.com
Address: Mahalaxmi Rubtech Limited
YSL Avenue,
Opposite Ketav Petrol Pump,
Ahmedabad,
Gujarat, 380015,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 514450 Equity Shares Mumbai Stock Exchange IN INR 26. May 2005
BSE 514450 INR10 Mumbai Stock Exchange IN INR 18. Feb 2019
Number of employees
Current staff
Staff numbers
0
Mahalaxmi Rubtech employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 12:32
End of day share price update: 2019/02/18 00:00
Last estimates confirmation: 2018/05/30
Last earnings filing: 2018/05/30
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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