Mahalaxmi Rubtech (BOM:514450) ROE %: 23.94% (As of Mar. 2026) — 217% Above Median


BOM:514450 Mahalaxmi Rubtech Ltd BOM:514450
72 GF Score
Price ₹140.20
GF Value ₹272.79
Valuation Possible Value Trap
! 2 Warning Signs
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What is Mahalaxmi Rubtech ROE %?

Mahalaxmi Rubtech BOM:514450 -2.57% 72 ROE % is 23.94% as of Mar. 2026, which is 217% above its 10-year median of 7.55. GuruFocus rates BOM:514450 with a GF Score™ of 72/100 and a GF Value™ of ₹272.79 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Mahalaxmi Rubtech ranks better than 94.3% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mahalaxmi Rubtech's annualized net income for the quarter that ended in Mar. 2026 was ₹217 Mil. Mahalaxmi Rubtech's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹907 Mil. Therefore, Mahalaxmi Rubtech's annualized ROE % for the quarter that ended in Mar. 2026 was 23.94%.

The historical rank and industry rank for Mahalaxmi Rubtech's ROE % or its related term are showing as below:

BOM:514450' s ROE % Range Over the Past 10 Years
Min: 5.37   Med: 7.55   Max: 27.59
Current: 27.4

During the past 13 years, Mahalaxmi Rubtech's highest ROE % was 27.59%. The lowest was 5.37%. And the median was 7.55%.

BOM:514450's ROE % is ranked better than
94.3% of 1017 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.04 vs BOM:514450: 27.40

Mahalaxmi Rubtech  (BOM:514450) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=217.048/906.745
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(217.048 / 1182.452)*(1182.452 / 1153.822)*(1153.822 / 906.745)
=Net Margin %*Asset Turnover*Equity Multiplier
=18.36 %*1.0248*1.2725
=ROA %*Equity Multiplier
=18.82 %*1.2725
=23.94 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=217.048/906.745
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (217.048 / 293.372) * (293.372 / 250.136) * (250.136 / 1182.452) * (1182.452 / 1153.822) * (1153.822 / 906.745)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7398 * 1.1728 * 21.15 % * 1.0248 * 1.2725
=23.94 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Mahalaxmi Rubtech ROE % Related Terms


Mahalaxmi Rubtech ROE % Historical Data

* Premium members only.

The historical data trend for Mahalaxmi Rubtech's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mahalaxmi Rubtech ROE % Chart

Mahalaxmi Rubtech Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.43 18.09 23.34 27.59 27.33

Mahalaxmi Rubtech Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.84 25.84 29.73 30.57 23.94

Mahalaxmi Rubtech ROE % Competitor Comparison

For the Textile Manufacturing subindustry, Mahalaxmi Rubtech's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahalaxmi Rubtech ROE % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mahalaxmi Rubtech's ROE % distribution charts can be found below:

* The bar in red indicates where Mahalaxmi Rubtech's ROE % falls into.


BOM:514450
72GF Score
Mahalaxmi Rubtech Ltd BOM:514450
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahalaxmi Rubtech ROE % Calculation

Mahalaxmi Rubtech's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=217.821/( (687.269+906.745)/ 2 )
=217.821/797.007
=27.33 %

Mahalaxmi Rubtech's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=217.048/( (0+906.745)/ 1 )
=217.048/906.745
=23.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 23.94% mean?
Mahalaxmi Rubtech (BOM:514450) has a ROE % of 23.94% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mahalaxmi Rubtech and its competitors. This is 217% above median its historical median of 7.55. Over the past decade, Mahalaxmi Rubtech's ROE % has ranged from 5.37 to 27.59. According to the industry distribution chart, Mahalaxmi Rubtech ranks #58 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 5.7%.
Is Mahalaxmi Rubtech's ROE % too high?
Mahalaxmi Rubtech's current ROE % of 23.94% is 217% above median its 10-year median of 7.55. Over the past 10 years, this metric has ranged from a low of 5.37 to a high of 27.59. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Mahalaxmi Rubtech's value of 23.94% is 492.6% above this industry median. Based on the distribution chart, Mahalaxmi Rubtech ranks #58 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mahalaxmi Rubtech has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahalaxmi Rubtech's ROE % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mahalaxmi Rubtech ranks #58 out of 1017 companies for ROE %. This places Mahalaxmi Rubtech in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 4.04. Mahalaxmi Rubtech's value of 23.94% is 492.6% above this benchmark. Historically, Mahalaxmi Rubtech's own ROE % has ranged from 5.37 to 27.59 over the past decade. While the company's 10-year median is 7.55 vs. the industry median of 4.04, Mahalaxmi Rubtech has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahalaxmi Rubtech's current ROE % of 23.94% is 492.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mahalaxmi Rubtech and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahalaxmi Rubtech's current ROE % is 23.94%, which is 217% above median its own 10-year median of 7.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahalaxmi Rubtech stock overvalued right now?
Based on GuruFocus' analysis, Mahalaxmi Rubtech (BOM:514450) is currently considered Possible Value Trap. The stock's GF Value™ is ₹272.79, compared to a current price of ₹140.20 — trading 48.6% below its estimated fair value. The current ROE % is 23.94%, which is 217% above median its 10-year median of 7.55 and 492.6% above the Manufacturing - Apparel & Accessories industry median of 4.04. Mahalaxmi Rubtech's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Mahalaxmi Rubtech (BOM:514450), the current ROE % is 23.94% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mahalaxmi Rubtech (BOM:514450) Overvalued in 2026?

Based on GuruFocus' analysis, Mahalaxmi Rubtech stock appears to be undervalued. The current stock price of ₹140.20 is trading 48.6% below its estimated GF Value™ of ₹272.79. GuruFocus considers Mahalaxmi Rubtech to be Possible Value Trap.

Key valuation signals for BOM:514450:

  • ROE %: 23.94% (217% above median its 10-year median of 7.55)
  • GF Value™: ₹272.79 vs. price of ₹140.20 (48.6% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 492.6% above the Manufacturing - Apparel & Accessories median (#58 of 1017)

No single metric tells the full story. See the BOM:514450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahalaxmi Rubtech Business Description

Other Exchanges MHLXMIRU:India
Address Polytechnic Road, Mahalaxmi House, YSL Avenue, Opposite Ketav Petrol Pump, Ambavadi, Ahmedabad, GJ, IND, 380015
Mahalaxmi Rubtech Ltd is an Indian textile manufacturing company. The company has structured its operations into the following business segments - Rubber and Technical textiles Products, and Textile Products. The company's product portfolio comprises; printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and technical textiles. The majority of the revenue accrues from the Textile products segment.
72GF Score

Get the complete analysis for BOM:514450

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹140.20
Price
₹272.79
GF Value