Integrated Filing — IndAS



General information about company
Scrip Code 514450
NSE Symbol MHLXMIRU
MSEI Symbol NOTLISTED
ISIN INE112D01035
Name of company Mahalaxmi Rubtech Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Polymer based Technical Textiles & Rubber
Start date and time of board meeting 28-May-2025   17:30:00
End date and time of board meeting 28-May-2025   21:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public No
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-04-01
Indicate Company website link for updated RPT policy of the Company www.mrtglobal.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 228793000 921224000
Other income 8747000 26937000
Total income 237540000 948161000
2 Expenses
(a) Cost of materials consumed 116719000 456954000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -9786000 -4536000
(d) Employee benefit expense 23668000 80543000
(e) Finance costs 2744000 10654000
(f) Depreciation, depletion and amortisation expense 9202000 37464000
(f) Other Expenses
1 Other Expenses 35494000 147806000
2 Other Expenses 0 0
3 Other Expenses 0 0
4 Other Expenses 0 0
5 Other Expenses 0 0
6 Other Expenses 0 0
7 Other Expenses 0 0
8 Other Expenses 0 0
9 Other Expenses 0 0
10 Other Expenses 0 0
Total other expenses 35494000 147806000
Total expenses 178041000 728885000
3 Total profit before exceptional items and tax 59499000 219276000
4 Exceptional items 0 0
5 Total profit before tax 59499000 219276000
6 Tax expense
7 Current tax 14944000 56309000
8 Deferred tax -1564000 -4804000
9 Total tax expenses 13380000 51505000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 46119000 167771000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 46119000 167771000
17 Other comprehensive income net of taxes -1116000 -295000
18 Total Comprehensive Income for the period 45003000 167476000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 106203000 106203000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 0
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.34 15.8
Diluted earnings (loss) per share from continuing operations 4.34 15.8
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.34 15.8
Diluted earnings (loss) per share from continuing and discontinued operations 4.34 15.8
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 266153000
Capital work-in-progress 20237000
Investment property 0
Goodwill 0
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 2592000
Trade receivables, non-current 2542000
Loans, non-current 0
Other non-current financial assets 10458000
Total non-current financial assets 15592000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 301982000
2 Current assets
Inventories 170636000
Current financial asset
Current investments 0
Trade receivables, current 140263000
Cash and cash equivalents 122020000
Bank balance other than cash and cash equivalents 204121000
Loans, current 0
Other current financial assets 22265000
Total current financial assets 488669000
Current tax assets (net) 0
Other current assets 22313000
Total current assets 681618000
3 Non-current assets classified as held for sale 1174000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 984774000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 106203000
Other equity 581067000
Total equity attributable to owners of parent 687270000
Non controlling interest
Total equity 687270000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 25511000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 25511000
Provisions, non-current 5135000
Deferred tax liabilities (net) 2108000
Deferred government grants, Non-current 2493000
Other non-current liabilities 0
Total non-current liabilities 35247000
Current liabilities
Current financial liabilities
Borrowings, current 120698000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 2465000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 111201000
Total Trade payable 113666000
Other current financial liabilities 10297000
Total current financial liabilities 244661000
Other current liabilities 0
Provisions, current 13164000
Current tax liabilities (Net) 4432000
Deferred government grants, Current 0
Total current liabilities 262257000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 297504000
Total equity and liabilites 984774000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Defined Benefit Plan -1660000 -637000
2 Fair Value Gain 114000 228000
Total Amount of items that will not be reclassified to profit and loss -1546000 -409000
2 Income tax relating to items that will not be reclassified to profit or loss -430000 -114000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -1116000 -295000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 219276000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -6479000
Adjustments for decrease (increase) in trade receivables, current -42726000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -5480000
Adjustments for decrease (increase) in other non-current assets -539000
Adjustments for other financial assets, non-current -436000
Adjustments for other financial assets, current -7964000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 57102000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -14594000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 37464000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current -7347000
Adjustments for other financial liabilities, current -2247000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -59960000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -53206000
Net cash flows from (used in) operations 166070000
Dividends received 0
Interest paid 9608000
Interest received -19132000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 137330000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 3400000
Purchase of property, plant and equipment 28999000
Proceeds from sales of investment property -79617000
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 19132000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -86084000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings -14082000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 9608000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -23690000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 27556000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 27556000
Cash and cash equivalents cash flow statement at beginning of period 94465000
Cash and cash equivalents cash flow statement at end of period 122021000





Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Mahalaxmi Rubtech Limited Globale Tessile Limited Associate Any other transaction Rent paid NA 12000 0 0
2 Mahalaxmi Rubtech Limited Globale Tessile Limited Associate Any other transaction Rent received NA 12000 0 0
3 Mahalaxmi Rubtech Limited Anand Chem Industries Pvt Ltd Associate Any other transaction PURCHASE NA 578000 0 0
4 Mahalaxmi Rubtech Limited Mahalaxmi Calchem Private Limited Associate Investment NA 1984000 0 0
5 Mahalaxmi Rubtech Limited Mahalaxmi Calchem Private Limited Associate Purchase of goods or services NA 5000 0 0
6 Mahalaxmi Rubtech Limited Mahalaxmi Exports Private Limited Associate Any other transaction Rent received NA 120000 0 0
7 Mahalaxmi Rubtech Limited Yashovardhan Rahul Parekh Promoter Remuneration 5000000 NA 1413000 0 135000
8 Mahalaxmi Rubtech Limited Yashovardhan Rahul Parekh Promoter Any other transaction Rent received NA 6000 0 0
9 Mahalaxmi Rubtech Limited Rahul Jeetmal Parekh Promoter and Joint Managing Director Remuneration 2400000 NA 2432000 0 163000
10 Mahalaxmi Rubtech Limited Rahul Jeetmal Parekh Promoter and Managing Director Any other transaction Outstanding NA 152000 0 0
11 Mahalaxmi Rubtech Limited Rahul Jeetmal Parekh Promoter and Managing Director Any other transaction Rent received NA 6000 0 0
12 Mahalaxmi Rubtech Limited Anand Jeetmal Parekh Promoter and Joint Managing Director Any other transaction Outstanding NA 331000 0 0
13 Mahalaxmi Rubtech Limited Ratna Rahul Parekh Promoter Any other transaction Rent received NA 6000 0 0
14 Mahalaxmi Rubtech Limited Jeetmal Bhoorchand Parekh Promoter & Chairman Any other transaction Outstanding NA 2981000 0 0
15 Mahalaxmi Rubtech Limited Rajendra Ratanchand Mehta Chief Financial Officer Remuneration NA 1860000 0 129000
16 Mahalaxmi Rubtech Limited Shital Marsh Trivedi Company Secretary Remuneration NA 429000 0 0
17 Mahalaxmi Rubtech Limited Kalpana Kumari Company Secretary Remuneration NA 91000 0 0
18 Mahalaxmi Rubtech Limited Skyco Ventures Associate Purchase of goods or services NA 33330000 0 0
19 Mahalaxmi Rubtech Limited Skyco Ventures Associate Any other transaction Rent received NA 21000 0 0
20 Mahalaxmi Rubtech Limited Skyco Ventures Associate Any other transaction Rent received NA 15000 0 0
Total value of transaction during the reporting period 45784000