Mahalaxmi Rubtech Limited announced the outcome of its Board of Directors meeting held on October 31, 2026, where the unaudited financial results for the second quarter and half year ended September 30, 2026 (FY 2026-27) were approved. The meeting commenced at 5:00 PM and concluded at 6:45 PM.
Financial Results Overview
The company reported standalone financial results in accordance with Regulation 33 of SEBI Listing Regulations and Indian Accounting Standards (Ind AS).
Quarter Ended September 30, 2026 (Q2 FY27):
- Revenue from operations: ₹334.35 crore (compared to ₹299.64 crore in Q2 FY26)
- Other income: ₹13.18 crore
- Total revenue: ₹347.53 crore
- Total expenditure: ₹270.61 crore
- Profit before tax: ₹76.92 crore
- Tax expense: ₹22.23 crore (Current tax: ₹22.26 crore, Deferred tax: ₹-2.61 crore)
- Profit for the period: ₹55.46 crore
- Other comprehensive income: ₹-9.76 crore
- Total comprehensive income: ₹56.43 crore
- Basic EPS: ₹5.22
- Diluted EPS: ₹5.22
Half Year Ended September 30, 2026 (H1 FY27):
- Revenue from operations: ₹649.74 crore (compared to ₹550.19 crore in H1 FY26)
- Other income: ₹27.52 crore
- Total revenue: ₹677.27 crore
- Total expenditure: ₹523.76 crore
- Profit before tax: ₹153.51 crore
- Tax expense: ₹40.40 crore (Current tax: ₹41.69 crore, Deferred tax: ₹-12.97 crore)
- Profit for the period: ₹113.11 crore
- Other comprehensive income: ₹14.48 crore
- Total comprehensive income: ₹114.56 crore
- Basic EPS: ₹10.65
- Diluted EPS: ₹10.65
Balance Sheet Position (as of September 30, 2026)
Assets:
- Total assets: ₹1,265.35 crore (compared to ₹1,153.82 crore as of March 31, 2026)
- Non-current assets: ₹430.38 crore (Fixed assets: ₹300.97 crore, Investments: ₹8.37 crore, Other financial assets: ₹2.20 crore, Other non-current assets: ₹74.61 crore)
- Current assets: ₹834.97 crore (Inventories: ₹187.88 crore, Trade receivables: ₹122.29 crore, Cash and cash equivalents: ₹129.24 crore, Bank balances: ₹346.72 crore, Other financial assets: ₹26.81 crore, Other current assets: ₹22.04 crore)
Equity and Liabilities:
- Total equity: ₹1,021.17 crore (Equity share capital: ₹106.20 crore, Reserves and surplus: ₹914.97 crore)
- Non-current liabilities: ₹9.61 crore (Long-term borrowings: ₹0.15 crore, Deferred tax liabilities: ₹1.90 crore, Deferred government grant: ₹1.51 crore, Long-term provisions: ₹6.05 crore)
- Current liabilities: ₹234.57 crore (Short-term borrowings: ₹53.31 crore, Trade payables: ₹137.23 crore, Other financial liabilities: ₹16.35 crore, Provisions: ₹2.36 crore, Other current liabilities: ₹21.40 crore)
Cash Flow Statement (H1 FY27)
- Cash flow from operating activities: ₹116.13 crore
- Cash flow from investing activities: ₹-86.17 crore
- Cash flow from financing activities: ₹-64.66 crore
- Net decrease in cash and cash equivalents: ₹-34.71 crore
- Cash and cash equivalents at beginning: ₹163.95 crore
- Cash and cash equivalents at end: ₹129.24 crore
Additional Information
- The financial results were reviewed by the Audit Committee and approved by the Board of Directors
- Limited review conducted by Jain Chowdhary & Co., Chartered Accountants (Firm Registration No. 113267W)
- The company has only one reportable segment as per AS 108 - Operating Segments
- The company does not have any Subsidiary/Associate/Joint Venture companies as of September 30, 2026
- Figures for previous periods have been regrouped and restated where necessary
- Tax expenses include provision for current tax and deferred tax
- The results are available at the company's registered office and websites (www.mrtglobal.com, www.bseindia.com, www.nseindia.com)