MFML
Mahalaxmi Fabric Mills financials
- Market cap
- ₹20 Cr
- Sector
- Textiles
What Mahalaxmi Fabric Mills Limited does
Mahalaxmi Fabric Mills Limited (formerly Sonnet Colours Pvt Ltd) manufactures and markets textile products classified under the Traditional Textiles segment, from its factory on Isanpur Road, Narol, Ahmedabad. The company also undertakes job work, holding and processing goods received from third parties at its factory. Export-related operations are carried out through its wholly owned subsidiary, Mahalaxmi Exports Private Limited. A major fire broke out at the Narol factory in November 2024, damaging the building, plant and machinery, equipment and inventories, for which an insurance claim has been filed.
Segments
- Traditional Textiles
- Job work
- Manufacturing facility
- 1 factory (Isanpur Road, Near Narol Char Rasta, Narol, Ahmedabad)
- Wholly owned subsidiary
- Mahalaxmi Exports Private Limited (export operations)
Quarterly results
Q1 FY27: revenue down 8.1%, net profit down 98.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48 | 39 | 26 | 34 | 32 −34% | 32 −19% | 38 +46% | 31 −8% |
| EBITDA | 4 | -2 | -2 | 3 | 2 −40% | 3 +257% | 2 +197% | 3 −3% |
| Net profit | 2 | -1 | 7 | 3 | -3 −315% | -1 +29% | 2 −79% | 0 −98% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −40.7% 1Y
1Y: ₹31.25 on 10 Sept 2025 → ₹18.52. High ₹32.9 (17 Sept 2025), low ₹18.15 (20 Jul 2026).
Financials, as filed
Revenue fell 9.6% a year over 2 years, FY24 to FY26. Operating margin widened to 6.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹166 Cr | ₹153 Cr | ₹135 Cr |
| Operating profit | ₹5 Cr | ₹1 Cr | ₹9 Cr |
| Operating margin | 2.9% | 1.0% | 6.9% |
| Interest | ₹2 Cr | ₹3 Cr | ₹3 Cr |
| Depreciation | ₹4 Cr | ₹4 Cr | ₹3 Cr |
| Net profit | ₹1 Cr | ₹8 Cr | ₹-0 Cr |
| Net margin | 0.9% | 5.2% | 0.0% |
| Cash from operations | ₹5 Cr | ₹-12 Cr | ₹9 Cr |
| Free cash flow | ₹-5 Cr | ₹-8 Cr | ₹-31 Cr |
| ROCE | 3.0% | 0.0% | 7.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹11 Cr |
| Reserves | ₹78 Cr | ₹79 Cr | ₹87 Cr | ₹87 Cr |
| Borrowings | ₹30 Cr | ₹36 Cr | ₹64 Cr | ₹77 Cr |
| Other liabilities | ₹37 Cr | ₹43 Cr | ₹38 Cr | ₹25 Cr |
| Total liabilities | ₹155 Cr | ₹169 Cr | ₹199 Cr | ₹200 Cr |
| Fixed assets | ₹86 Cr | ₹90 Cr | ₹77 Cr | ₹103 Cr |
| Capital work in progress | ₹0 Cr | ₹2 Cr | ₹37 Cr | ₹36 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹69 Cr | ₹76 Cr | ₹84 Cr | ₹61 Cr |
| Total assets | ₹155 Cr | ₹169 Cr | ₹199 Cr | ₹200 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 5% to 5,017.
- Promoters
- 64.8%
- FIIs
- 0.8%
- DIIs
- 0.1%
- Public
- 34.3%
Since Jun 2025
- Promoters +0.01 pp
- FIIs 0.00 pp
- DIIs 0.00 pp
How it drifted, 8 quarters
Ownership split by quarter, oldest first. Sep '24: Promoters 64.8%, FIIs 0.1%, DIIs 0.1%, Public 35.0%.Dec '24: Promoters 64.8%, FIIs 0.1%, DIIs 0.1%, Public 35.0%.Mar '25: Promoters 64.8%, FIIs 0.8%, DIIs 0.1%, Public 34.3%.Jun '25: Promoters 64.8%, FIIs 0.8%, DIIs 0.1%, Public 34.3%.Sep '25: Promoters 64.8%, FIIs 0.8%, DIIs 0.1%, Public 34.3%.Dec '25: Promoters 64.8%, FIIs 0.8%, DIIs 0.1%, Public 34.3%.Mar '26: Promoters 64.8%, FIIs 0.8%, DIIs 0.1%, Public 34.3%.Jun '26: Promoters 64.8%, FIIs 0.8%, DIIs 0.1%, Public 34.3%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Mahalaxmi Fabric Mills Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rahul Jeetmal Parekh | 17.30% | unchanged |
| Anand Jeetmal Parekh | 16.06% | unchanged |
| Jeetmal Bhoorchand Parekh | 12.14% | unchanged |
| Kamladevi Jeetmal Parekh | 5.13% | unchanged |
| Rohan Anand Parekh | 3.92% | unchanged |
| Ratna Rahul Parekh | 2.42% | unchanged |
| Kalpesh Ranchhodbhai Patel | 2.10% | −0.15 pp |
| Rahul Calchem Pvt . | 1.94% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.66% | unchanged |
| Mahalaxmi Calchem Private Ltd | 1.58% | unchanged |
| Jeetmal Bhoorchand (Huf) | 1.22% | unchanged |
| Anand Chem Industries Private Limited | 0.89% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Mahalaxmi Fabric Mills Limited
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