Dashboard/MHLXMIRU

MHLXMIRU

UNDERVALUED

Mahalaxmi Rubtech Limited

IT · NSE

32.1% vs fair value

52W Low

153

+13.3% from low

52W High

271

-35.9% from high

News sentiment
2 bull9 neu3 bear

Valuation Gauge

UNDERVALUED+32.1% Margin of Safety
OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹174

Fair Value

₹256

Fair Value Analysis

₹256

Based on free cash flow projections and earnings growth potential for IT sector companies

Medium confidence

Cash Flow Analysis

50% weight

₹289

Growth Valuation

50% weight

₹223

Price vs Market

MHLXMIRU
Nifty 50

Shareholding Pattern

Stock Health Score

B+

Financially Healthy

8.2 / 10

Profitability

6/10

ROE of 9.9% is below the IT sector benchmark of 20%

Debt & Leverage

10/10

D/E ratio of 0.2x is well within the IT sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 20.6x trades at a 61% discount to IT sector median (53x) — attractively valued

Cash Flow

8/10

FCF margin of 11.9% — strong cash generation (₹11 Cr)

Earnings Growth

10/10

5yr EPS CAGR of 32.0% is well above the IT sector average of 14.2% — strong growth

Dividend

4/10

No dividend — typical for growth-stage companies

Company Health Timeline

10-year financial health at a glance

FY17
FY18
FY19
FY20
FY21
FY22
FY23
Revenue Growth
OPM %
Net Profit
Free Cash Flow
ROE %
ROCE %
Debt / Equity
Interest Cov.
Health Score
50
50
50
50
50
63
75
Strong
Moderate
Weak
Poor
No data

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

8.0%

Free cash flow / market cap

Revenue Growth (YoY)

+12.8%

Year-on-year revenue change

Profit Growth (YoY)

+7.1%

Year-on-year PAT change

Operating Cash Flow

₹6 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹8.6

P/E Ratio

20.6x

P/B Ratio

2x

ROE

9.9%

ROCE

31.7%

Debt / Equity

0.19x

Beta

0.06

Div Yield

FCF (Cr)

₹11 Cr

Revenue (Cr)

₹91 Cr

EPS Growth 5Y

32%

Mkt Cap (Cr)

₹187 Cr

52W High

₹270.7

52W Low

₹153.2

Book Value/Share

₹86.7

Financial History

PeriodRevenueOp ProfitOPM%PATEPS
TTM₹285 Cr₹20 Cr7.0%₹9 Cr₹8.59
2023-03-31₹267 Cr₹19 Cr7.0%₹8 Cr₹7.96
2022-03-31₹197 Cr₹18 Cr9.0%₹7 Cr₹6.88
2021-03-31₹138 Cr₹18 Cr13.0%₹6 Cr₹4.56
2020-03-31₹181 Cr₹16 Cr9.0%₹5 Cr₹3.46
2019-03-31₹186 Cr₹16 Cr8.0%₹5 Cr₹3.73
2018-03-31₹228 Cr₹13 Cr6.0%₹4 Cr₹3.31
2017-03-31₹202 Cr₹14 Cr7.0%₹3 Cr₹3.40

Compounded Growth Rates

Sales Growth

3Y+27.3%
5Y+8.9%
10Y

Profit Growth

3Y+14.5%
5Y+12.5%
10Y

EPS Growth

3Y+23.5%
5Y+18.2%
10Y

Peer Comparison

IT
StockPriceFair ValueMoS%P/EROESignal

Dolat Algotech Limited

₹75.1₹541.9+86.2%11.220.4%UNDERVALUED

Ceinsys Tech Limited

₹907₹4,257.5+78.7%15.924.6%UNDERVALUED

Radhika Jeweltech Limited

₹58₹247.9+76.6%8.318.7%UNDERVALUED

Shilchar Technologies Limited

₹4,090₹14,370.8+71.5%2937.8%UNDERVALUED

Kellton Tech Solutions Limited

₹15.3₹50+69.5%8.712.7%UNDERVALUED

Onward Technologies Limited

₹260.7₹659.2+60.5%13.919.3%UNDERVALUED

Cigniti Technologies Limited

₹1,260.1₹2,957.1+57.4%11.526.8%UNDERVALUED

Ducon Infratechnologies Limited

₹3.4₹6.6+48.9%8.510.1%UNDERVALUED

Institutional Activity

Bulk deals, block deals, short selling & delivery volume — NSE data

Insider Trading

Community Pulse

Exchange Filings

BSE announcements · last 90 days

Loading filings…

Share this Stock

Download card · Share on WhatsApp

MHLXMIRU share card

Share on WhatsApp, Twitter, or any group — each share brings new users to Veritas Quant