Mahalaxmi Rubtech Ltd (MRTL) is a diversified company specializing in textile and technical rubber products. It operates across various sectors, including textile processing, technical coated fabrics, and industrial rubber solutions. The company is known for its innovation and high-quality products catering to both domestic and international markets. Mahalaxmi Rubtech Share Price on NSE as of 5 December 2024 is 154.00 INR. Here will provide you more details on Mahalaxmi Rubtech Share Price Target 2024, 2025, 2026 to 2030.
Mahalaxmi Rubtech Ltd: Market Overview
- Open Price: ₹152.32
- High Price: ₹159.98
- Low Price: ₹152.32
- Previous Close: ₹151.71
- Volume: 11,908
- Value (Lacs): ₹18.30
- VWAP: ₹155.58
- UC Limit: ₹182.05
- LC Limit: ₹121.36
- P/E ratio: 12.31
- Div yield: N/A
- 52-wk high: ₹290.60
- 52-wk low: ₹138.50
- Mkt cap: ₹165.09Cr
- Face Value: ₹10
Mahalaxmi Rubtech Ltd Competitors
As of December 4, 2024, Mahalaxmi Rubtech Ltd has a market capitalization of approximately ₹161 crore. Here are four competitors in the rubber and rubber products industry, along with their market capitalizations:
- Apcotex Industries Ltd: Specializes in synthetic rubber and latex products, with a market capitalization of around ₹2,939 crore.
- Elgi Rubber Company Ltd: Engaged in manufacturing rubber products, with a market capitalization of approximately ₹1,500 crore.
- Eastern Treads Ltd: Focuses on manufacturing rubber products, with a market capitalization of about ₹1,200 crore.
-
Konark Synthetic Ltd: Produces rubber products, with a market capitalization of around ₹1,000 crore.
Mahalaxmi Rubtech Share Price Chart
Mahalaxmi Rubtech Share Price Target Tomorrow 2024 To 2030
Mahalaxmi Rubtech Share Price Target Years | Share Price Target |
2024 | ₹295 |
2025 | ₹320 |
2026 | ₹350 |
2027 | ₹370 |
2028 | ₹400 |
2029 | ₹430 |
2030 | ₹460 |
Mahalaxmi Rubtech Share Price Target 2024
Mahalaxmi Rubtech share price target 2024 Expected target could be 220. Here are four key factors that could affect the growth of Mahalaxmi Rubtech Ltd share price target for 2024:
- Expansion in Textile and Rubber Applications: Mahalaxmi Rubtech’s ability to cater to growing demand in technical textiles and rubberized products will be a significant growth driver, especially as industries like automotive, construction, and healthcare expand.
- Global Market Reach: Efforts to increase exports and capture international markets can positively influence revenue and profitability, helping the company leverage its technical expertise.
- Raw Material Prices: Stable or declining prices of rubber and related raw materials can improve margins and contribute to share price growth, as these costs directly affect profitability.
-
Sustainability Initiatives: Adoption of eco-friendly manufacturing processes and innovative, sustainable products could enhance the brand’s appeal, attract new customers, and improve investor sentiment.
Mahalaxmi Rubtech Share Price Target 2025
Mahalaxmi Rubtech share price target 2025 Expected target could be 220. Here are four key factors that could affect the growth of Mahalaxmi Rubtech Ltd share price target for 2025:
- Diversification of Product Portfolio: Introduction of new, innovative products in technical textiles, coatings, and rubberized solutions can drive revenue and enhance the company’s market position.
- Technological Advancements: Investments in advanced manufacturing technologies to improve efficiency and quality can lead to cost savings, higher production output, and increased competitiveness.
- Infrastructure Development: Continued growth in sectors like real estate, transportation, and industrial construction could boost demand for the company’s products, providing a solid growth foundation.
-
Strategic Partnerships: Collaborations with international firms or government projects can open up new business opportunities, improve scalability, and attract long-term investors.
Mahalaxmi Rubtech Share Price Target 2030
Mahalaxmi Rubtech share price target 2030 Expected target could be 220. Here are four risks and challenges that could impact Mahalaxmi Rubtech Ltd share price target for 2030:
- Market Competition: Increasing competition from domestic and international players in the technical textiles and rubberized solutions space could impact market share and profitability.
- Raw Material Price Volatility: Fluctuations in the cost of raw materials like rubber and textiles may lead to higher production costs, affecting margins if not managed effectively.
- Economic Slowdowns: Dependence on sectors like infrastructure and industrial manufacturing makes the company vulnerable to economic downturns, which could reduce demand for its products.
-
Regulatory Changes: Stringent environmental regulations or changes in tax policies could lead to increased compliance costs and operational challenges for the company.
Mahalaxmi Rubtech Ltd Shareholding Pattern
- Promoters: 64.8%
- FII: 0.56%
- DII: 0.08%
- Public: 34.56%
Mahalaxmi Rubtech Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 769.74M | -71.24% |
Operating expense | 157.02M | -52.58% |
Net income | 110.35M | 30.69% |
Net profit margin | 14.34 | 355.24% |
Earnings per share | — | — |
EBITDA | 185.09M | -2.31% |
Effective tax rate | 25.45% | — |
Read Also:- SKP Securities Share Price Target Tomorrow 2024 To 2030- Market Overview, Financials