SYNOPSIS:
Mahalaxmi Rubtech reported strong Q2 FY26 performance, with revenue up 20 percent QoQ and 27 percent YoY, net profit rising 32 percent QoQ and 68 percent YoY, and margins improving to 19 percent.
During Friday’s trading session, shares of a company involved in the manufacturing and marketing of traditional textiles and polymer based technical textiles & rubber products rallied 19.5 percent on BSE, after reporting Q2 FY26 financial results.
At 12:07 p.m., shares of Mahalaxmi Rubtech Limited were trading in green at Rs. 241.9 on BSE, up by around 18 percent, compared to its previous closing price of Rs. 204.95, with a market cap of Rs. 257 crores. The stock has delivered positive returns of more than 53 percent in one year, and has gained by around 15 percent in the last one month.
What’s the News
Mahalaxmi Rubtech Limited announced the financial results for the second quarter of FY26 on Thursday after market hours, as per the latest regulatory filings with the stock exchanges.
For Q2 FY26, the company posted a revenue from operations of Rs. 30 crores, reflecting a sequential rise of around 20 percent QoQ compared to Rs. 25 crores in Q1 FY26, and a year-on-year increase of more than 27 percent from Rs. 23.6 crores recorded in Q2 FY25.
During the same period, Mahalaxmi Rubtech’s net profit stood at Rs. 5.8 crores, representing an increase of around 32 percent QoQ from Rs. 4.4 crores, as well as a significant growth of around 68 percent YoY from Rs. 3.5 crores.
Additionally, the net profit margin strengthened to 19 percent in Q2 FY26, up from 17 percent in the previous quarter and 14 percent in the corresponding period last year.
Mahalaxmi Rubtech Limited is primarily engaged in the business of manufacturing traditional textile and technical textile products, with a presence in more than 40 countries.
A research-driven and technology-focused company, it produces offset printing blankets, niche textile solutions, and rubber-based products. Its portfolio includes printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and other technical textiles, with the majority of its revenue coming from the textile products segment.
Written by Shivani Singh
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