Mahalaxmi Rubtech reported a 29.8% increase in net profit to ₹2178.21 lakh for the financial year ended March 31, 2026, compared to ₹1677.70 lakh in the previous year. Revenue from operations for FY26 rose 21.5% to ₹11197.37 lakh from ₹9212.24 lakh in FY25. The company’s Board of Directors approved the audited financial results for the fourth quarter and year ended March 31, 2026, at a meeting held on May 26, 2026. The results were subsequently published in The Indian Express and The Financial Express on May 30, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

For the quarter ended March 31, 2026, net profit increased 17.6% to ₹542.62 lakh from ₹461.20 lakh in the corresponding period of the previous year. Revenue from operations for the quarter stood at ₹2956.13 lakh, a 29.3% increase over ₹2287.93 lakh in Q4FY25. Total revenue for the quarter was ₹3083.50 lakh.

Financial Performance

The company’s profit before tax for FY26 was ₹2941.58 lakh, up from ₹2192.75 lakh in the previous year. For Q4FY26, profit before tax was ₹733.43 lakh compared to ₹595.00 lakh in the same quarter last year. Basic earnings per share for FY26 improved to ₹20.51 from ₹15.80 in the prior year. For the quarter, basic EPS was ₹5.11 against ₹4.34 in Q4FY25.

Balance Sheet and Cash Flows

The total assets of the company as of March 31, 2026, stood at ₹11538.22 lakh, up from ₹9847.73 lakh in the previous year. Total equity attributable to owners of the parent increased to ₹9067.45 lakh from ₹6872.69 lakh. Cash and cash equivalents as of March 31, 2026, were ₹1639.52 lakh, compared to ₹1220.20 lakh a year earlier.

Net cash generated from operating activities for FY26 was ₹2768.85 lakh, compared to ₹1373.30 lakh in FY25. The company utilized ₹1994.46 lakh in investing activities and ₹355.07 lakh in financing activities during the year.

Auditor and Disclosures

The statutory auditors, M/s. Jain Chowdhary & Co., Chartered Accountants, issued an independent audit report with an unmodified opinion on the audited financial results. The company confirmed it does not have any subsidiaries, associates, or joint ventures as of March 31, 2026. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

mahalaxmi rubtech has re-appointed its statutory auditors for the Financial Year 2026-27, ensuring continued compliance with regulatory requirements. The Board of Directors approved the appointments during a meeting held on May 28, 2026. The re-appointments cover the roles of Cost Auditor, Internal Auditor, and Tax Auditor, with the Cost Auditor's appointment subject to subsequent ratification by shareholders.

M/s. Dalwadi & Associates has been re-appointed as the Cost Auditor pursuant to Section 148 of the Companies Act, 2013. The firm, registered with the Institute of Cost Accountants of India (ICMAI), operates from Gujarat and offers services including audit & assurance, indirect taxes, and management advisory services. The terms of re-appointment are based on mutually agreed remuneration and conditions, pending shareholder approval.

The Board also re-appointed M/s. D. Trivedi & Associates as the Internal Auditor for FY27 under Section 138 of the Companies Act, 2013. This firm, registered with the Institute of Chartered Accountants of India (ICAI), brings over 30 years of experience in taxation, accounts, and audit across various sectors. The remuneration and terms were mutually agreed upon by the Board and the firm.

Additionally, M/s. Bhanwar Jain & Co. was re-appointed as the Tax Auditor for the Financial Year 2026-27 (Assessment Year) in accordance with Section 44AB of the Income Tax Act, 1961. The firm, practicing since 1998, specializes in taxation, audit, and finance services. The appointment terms were decided mutually between the Board and the auditor.

Auditor Appointments for FY27