What we do Mahalaxmi Rubtech Ltd specializes in manufacturing and marketing traditional textiles along with polymer-based technical textiles and rubber products. |
Founded in 1,991 |
Market share Significant player in India’s technical textiles and rubber sectors with growing presence globally. |
Problem solved Supplies quality textiles and rubber products addressing industrial and traditional market needs efficiently. |
Top clients or who we serve Serves industrial clients in textiles and rubber sectors across India and international markets; B2B focused. |
Key management Shri Rahul J. Parekh (Managing Director), Shri Anand J. Parekh (Joint Managing Director). |
Our journey and innovations Founded in 1991, expanded textile weaving division in 2005-06, underwent strategic amalgamation and spin-offs in 2024. |
Where we operate Operations primarily in India with export revenue from markets outside India. |
Top products or what we offer Traditional Textiles, Polymer-Based Technical Textiles, Rubber products under 'MAHEEKA TEXTECH' brand. |
Top brands MAHEEKA TEXTECH - recognized in textile weaving segment. |
Raw materials needed Natural and synthetic fibers, polymers, rubber compounds. |
Raw materials supplier Various domestic suppliers for fibers and polymers; not specified. |
Recurring vs cyclical contribution Revenue predominantly cyclical with consistent order inflow. |
Our industry position Strong presence in domestic textile and technical rubber industry with growing export footprint. |
Financial highlights Revenue of Rs. 267.49 Cr and Net Profit Rs. 8.44 Cr for FY 2022-23; FY 2024-25 revenue approx Rs. 94.82 Cr. |
Geographical revenue split India contributes Rs. 184.05 Cr; outside India Rs. 83.44 Cr in sales as of FY 2022-23. |
Order book - |
Whats driving growth Expansion of polymer technical textiles, exports, technological adoption, and robust risk management. |
Our future plans Focus on organic growth through technology absorption, renewable energy initiatives, and CSR integration. |
Our green promise Utilizes solar power, energy conservation measures, and adheres to pollution control norms. |
Our people and values 281 employees; emphasis on ethical conduct, diversity, and compliance with governance standards. |
Key challenges ahead Managing cyclical demand, global competition, and evolving regulatory environment. |
Interesting facts Completed a significant demerger restructuring in 2024 enhancing focused business growth. |
Risks and strategy Mitigates business risks via a dedicated Risk Management Committee and robust internal controls. |
