Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Aug - Copy of Publication of Advertisement regarding 35th AGM of the Company
Source: Bse
Mahalaxmi Rubtech Limited (MHLXMIRU)
Small CapIT stocks · Small cap · NSE
Mahalaxmi Rubtech Limited operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityVerify one data layerQuote updated 21 Oct, 04:45 am ISTPost-result recalculation pendingDetails
Quote21 Oct, 04:45 am IST
Base fundamentals18 Oct 2026 · screener
Latest result11 Aug, 06:52 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
75BullishMACD + · sector +14.5pp vs Nifty 500 (3M)
Stock trend: 58
Sector RS: 100
Sector 3M: +8.9% vs Nifty 500 -5.6%
IT FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MHLXMIRUD candles · FIT view+0.2%Latest close ₹176.14 on 2026-10-19
Bar
-4.2%
RSI
56
MACD hist
1.01
52W pos
51%
2026-10-19O ₹183.95H ₹185.50L ₹176.10C ₹176.14Vol 2,968 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MHLXMIRUNifty ITNifty 500
- MHLXMIRU
- +28.5%
- Nifty 500
- -5.6%
- Nifty IT
- +8.1%
- Vs Nifty 500
- +34.1 pp
Chart stats
19 Oct 2026- From 52W high
- -28.0%
- 52W range position
- 51%
- ATR (14)
- 5.2%
- Volume vs 20D
- 0.37x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹148 - ₹186.9
₹244.7
₹105.5 - ₹244.7
₹9.1
Latest completed session
20-session average
42.1% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · WATCHLIST32
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Good62
Revenue +25.9% · PAT +29.9% YoY
Technical
Bullish75
Price trend and sector-relative-strength timing.
Valuation
Legacy model+36.1%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence78
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Good · 62/100Rev +26% YoY · PAT +30% YoY · +7% QoQ · margin compression
Filed 11 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹31.5 Cr | +25.9% | +6.7% |
| EBITDA | ₹7.4 Cr | +11.5% | -0.7% |
| Operating margin | 23.4% | -304 bps | -174 bps |
| PAT | ₹5.8 Cr | +29.9% | +6.3% |
| PAT margin | 18.3% | +57 bps | -8 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 20.90
- P/B
- 2.07
- EV/EBITDA
- 8.64
- Market Cap
- 190.00Cr
Profitability
- ROE
- 8.49%
- ROCE
- 10.20%
- ROA
- 4.21%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 3.00%
- EPS 5Y
- 16.00%
- Revenue 3Y
- 14.00%
- EPS 3Y
- 17.00%
Balance Sheet
- Debt/Equity
- 0.57
- Interest Coverage
- 4.00×
- Altman Z
- 3.26
- Book Value
- 86.40
Cash Flow
- FCF Yield
- 7.89%
- FCF Positive Y
- 3/5
- OCF
- 6.00 Cr
- EPS TTM
- 8.59
Shareholding
- Promoter Hold
- 64.81%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 48%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 267+35.5% vs prev
Net Profit
₹ CrLatest: 8.0+14.3% vs prev
Return on Equity
%Latest: 9.1+2.6% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bullish setupTrend is constructive — long-term uptrend intact. RSI 56.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 56 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 28% off 52W high · 67% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation9/30
Growth10/25
Quality0/20
Balance Sheet9/15
Cash Flow7/10
Piotroski
7/9 (+5)
Penalties
-8
Raw sum
32
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
32/100 · legacy band WATCHLIST
Positive drivers
- FCF yield is supportive at 7.9%.
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 36.1%.
Main drags
- Penalty bucket subtracts 8 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Valuation is weaker at 9/30; verify the latest quarterly trend.
Sector valuation model
IT valuation: PE and EV/EBITDA against growth and margins
Asset-light IT companies deserve valuation support only when growth, margins, and cash conversion hold up.
Primary lens
PE and EV/EBITDA relative to revenue growth, margins, and cash conversion.
Secondary checks
Deal pipeline, attrition, dollar revenue growth, FCF yield.
Main risk check
Low PE can reflect weak growth or margin pressure.
PE
20.9
PB
2.1
EV/EBITDA
8.6
ROE
8.5%
ROCE
10.2%
FCF Yield
7.9%
Debt/Equity
0.6
MoS
+36.1%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
32
Previous: 32
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+36.1%
Previous: +36.1%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
32
32
32
32
32
32
32
32
32
32
32
32
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹129.22
-36.3% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹275.74
+36.1% MoS
PEG
1.27
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
TAKE
Small
Take Solutions Limited
IT Services / Digital
match 167
40
30.2
16.5%
+57%
WATCHLIST
COMFINTE
Small
Comfort Intech Limited
IT Services / Digital
match 166
14
128.0
1.3%
-5842%
OVERVALUED
GOLDTECH
Small
AION-TECH SOLUTIONS LIMITED
IT Services / Digital
match 166
29
33.0
0.9%
-174%
OVERVALUED
TRIGYN
Small
Trigyn Technologies Limited
IT Services / Digital
match 166
23
14.5
0.3%
-1884%
OVERVALUED
NOVAAGRI
Small
Nova Agritech Limited
IT Services / Digital
match 165
52
16.0
5.7%
+52%
FAIR VALUE
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Mahalaxmi Rubtech Limited operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
78Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 86th percentile of the scored universe and 81st percentile within IT. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
3 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
86th percentile
overall median 67 · IT: 81st pctile, median 69 · Small: 89th pctile, median 66
Evidence depth
Financial-only
3 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 64.8%.
- ▸Promoter pledge is zero.
- ▸FCF yield is 8.1%.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Mahalaxmi Rubtech Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual report
Reg. 34 (1) Annual Report. 27 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Aug - Publication of Advertisement regarding 35th Annual General Meeting of the Company.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 28 Jul - Mahalaxmi Rubtech appointed Rohit Periwal & Associates as Secretarial Auditors for FY27-FY29, subject to shareholder approval.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.