Mafatlal Industries Ltd
NSE: MAFATIND BSE: 500264Textile
The Company is engaged in textile manufacturing and trading, having its manufacturing units at Nadiad and Navsari.[1]
₹127
52W: ₹107 — ₹205
PE 9.78 · Book ₹107 · +19% vs bookMarket Cap₹914 Cr
Stock P/E9.78Price to Earnings
ROCE13.1%Return on Capital
ROE12.4%Return on Equity
Div. Yield1.56%Face Value ₹2
Strengths
- +Company is almost debt free.
- +Stock is trading at 1.17 times its book value
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 26.7% CAGR over last 5 years
Weaknesses
- −Tax rate seems low
- −Company has a low return on equity of 11.2% over last 3 years.
Shareholding Pattern
Promoters69.32%
FIIs0.41%
DIIs0.29%
Public29.97%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 69.61% | 69.6%▼0.0 | 69.57%▼0.0 | 69.56%▼0.0 | 69.53%▼0.0 | 69.45%▼0.1 | 69.32%▼0.1 | 69.32% |
| FIIs | 0.71% | 0.59%▼0.1 | 0.59% | 0.59% | 0.55%▼0.0 | 0.55% | 0.41%▼0.1 | 0.41% |
| DIIs | 0.93% | 0.8%▼0.1 | 0.78%▼0.0 | 0.6%▼0.2 | 0.34%▼0.3 | 0.34% | 0.34% | 0.29%▼0.1 |
| Public | 28.75% | 29.03%▲0.3 | 29.07%▲0.0 | 29.25%▲0.2 | 29.59%▲0.3 | 29.67%▲0.1 | 29.95%▲0.3 | 29.97%▲0.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 420 | 764 | 452 | 995 | 910 | 450 | 1,240 | 1,030 | 717 | 883 |
| Expenses | 410 | 749 | 427 | 977 | 896 | 439 | 1,196 | 1,005 | 703 | 873 |
| Operating Profit | 11 | 15 | 25 | 18 | 14 | 11 | 44 | 25 | 15 | 10 |
| OPM % | 3% | 2% | 5% | 2% | 2% | 2% | 4% | 2% | 2% | 1% |
| Net Profit | 17 | 33 | 30 | 20 | 25 | 23 | 46 | 22 | 5 | 18 |
| EPS ₹ | 2.39 | 4.65 | 4.23 | 2.78 | 3.43 | 3.22 | 6.39 | 3.08 | 0.7 | 2.48 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹3,870Cr, up 37.9% YoY. OPM at 2%.
Debt Position
Borrowings at ₹63Cr. Debt-to-equity ratio: 0.08x. Healthy balance sheet.
Capex Cycle
CWIP at ₹10Cr (12% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.29% (-2.15pp change). FIIs: 0.41% (+0.41pp change). Promoters hold 69.32%.
Margin & Efficiency
ROCE improving from 4% (Mar 2015) to 13% (Mar 2026). Working capital days: -3.
Valuation
PE 9.78x with 13.1% ROCE. Price is 19% above book value of ₹107. Dividend yield: 1.56%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 May - Newspaper advertisement of extract of Audited Financial Results for the quarter and year ended on 31st March, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 5 May
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 May - Mafatlal reported FY26 revenue of ₹3,870.4 Cr, highest-ever, and recommended ₹1.25 final dividend.
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 5 May - Allotment of Equity Shares on exercise of Stock Options granted under Mafatlal Employees Stock Options Scheme 2017.
- Announcement Under Regulation 30 - Retirement Of Chief Executive Officer Of The Company 5 May - Board approved FY26 audited results, Rs1.25 dividend, 7 Aug AGM, 31 Jul record date, CEO change.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse