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    Manufacturing - Textiles
Mafatlal Industries Limited

Mafatlal Industries Limited

MAFATIND.BO
Mafatlal Industries LimitedIN flagBombay Stock Exchange
129.25
INR
-2.30
- -
9.33BMarket Cap
Mafatlal Industries Limited
MAFATIND.BO
(Bombay Stock Exchange)

Recent

price

129.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
- -
114.64
132.22
145.69
190.2
175.71
166.11
146.23
143.46
86.35
142.64
193.98
291.72
391
- -
517.39
Revenue per Share
- -
- -
5.34
3.24
3.43
2.46
0.59
-6.01
-25.89
-1.97
-13.51
4.11
5.28
13.92
13.65
- -
12.03
Basic EPS, GAAP
- -
- -
-7.71
-3.49
-5.75
-11.89
-0.24
-0.11
-0.51
3.27
0.74
0.73
-3.19
21.54
-13.52
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
0.99
0.6
0.7
0.71
0.48
- -
- -
- -
- -
- -
- -
1
- -
- -
Dividend per Share
- -
- -
12.66
2
8.76
13.95
13.8
7.36
-18.74
-21.13
-34.62
-30.45
-25.13
-11.05
28.19
- -
1.93
Book Value per Share
- -
- -
51.41
49.6
52.18
67.24
84.12
112.16
70.29
38.42
64.71
97.9
87.11
114.33
102.38
- -
102.31
Tangible Book Value per Share
- -
- -
70
70
70
70
70
70
70
70
70
70
70
71
72
- -
75
Basic Weighted Avg Shares
- -
- -
7,975
9,198
10,135
13,231
12,223
11,555
10,172
9,980
6,008
9,979
13,668
20,694
28,075
38,711
38,711
Sales/Revenue/Turnover
- -
- -
4.09
1.51
0.22
1.45
-1.26
-3.19
-9.07
-2.29
-10.58
0.07
1.58
2.09
2.05
2.41
2.41
Operating Margin (%)
- -
- -
144
184
167
212
324
361
360
172
171
158
154
150
151
170
170
Depreciation Expense
- -
- -
372
225
238
171
41
-418
-1,801
-137
-940
288
372
988
980
900
900
Net Income, GAAP
- -
- -
26.45
- -
4.95
9.1
- -
- -
- -
- -
- -
9.05
7
- -
- -
5.95
5.95
Effective Tax Rate (%)
- -
- -
4.66
2.45
2.35
1.29
0.34
-3.62
-17.7
-1.37
-15.64
2.88
2.72
4.77
3.49
2.32
2.32
Profit Margin (%)
3,372
3,451
1,816
1,307
1,239
1,003
767
438
145
102
-557
-101
152
1,065
1,646
2,298
2,298
Working Capital
34
1
531
385
628
645
965
803
563
624
601
447
265
274
235
341
341
LT Debt
4,372
6,464
3,585
3,461
3,638
4,685
5,896
7,846
4,932
2,708
4,526
6,863
6,145
8,144
7,414
7,715
7,715
Total Equity
- -
- -
4.39
- -
0.45
2.88
- -
- -
- -
- -
- -
0.09
2.73
- -
- -
10.85
10.33
Return on Invested Capital (%)
- -
- -
28.81
- -
22.8
13.87
- -
- -
- -
- -
- -
-46.15
-56.09
- -
- -
56.49
128.03
Return on Capital (%)
- -
- -
44.39
44.18
63.7
21.68
4.27
-56.78
- -
- -
- -
- -
- -
- -
- -
82.99
623.99
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
280
- -
294
LT Borrowings
315
- -
331
LT Finance Leases
13
- -
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
72
- -
72
Market Capitalization
9,767
11,427
8,095

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
14,940
- -
11,586
Cash, Cash Equivalents & STI
2,479
- -
2,690
Accounts Receivable, Net
11,099
- -
7,102
Inventories
896
- -
1,056
Total Current Liabilities
12,675
- -
9,288
Payables & Accruals
- -
- -
- -
ST Debt
280
- -
294
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.26%
13.76%
4.06%
Free Cash Flow
-231.47%
-340.43%
-218.19%
Net Income, GAAP
-30.95%
11.06%
-8.19%
Sales/Revenue/Turnover
16.13%
45.6%
37.88%
Total Cash Common Dividend
- -
- -
125.31%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,856
3,086
4,202
7,551
20,694
2025
4,519
9,955
9,103
4,498
28,075
2026
12,403
10,297
7,174
8,837
38,711

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.89
2.96
2.4
- -
13.92
2025
4.24
2.78
3.43
3.23
13.65
2026
6.33
2.99
0.56
2.43
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
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Business
Mafatlal Industries Limited (MAFATIND.BO), a flagship of the Arvind Mafatlal Group, manufactures and markets a diverse portfolio of textile products including yarn-dyed shirtings, suitings, voiles, prints, linens, bleached white fabrics, rubia, denims, and specialty fabrics; menswear such as suits, shirts, trousers, and readymades; womenswear encompassing voiles, rubia, fabrics, and readymades; complete uniform solutions for schools, corporates, institutions, including shoes and accessories; home furnishings like bed and bath linens, ready-to-stitch fabrics; as well as hygiene products such as CooCoo baby diapers and Medimaf adult diapers, alongside healthcare items including medical masks, drapes, patient examination gowns, and aprons. The company operates production units in Nadiad and Navsari, Gujarat, with over 200 retail outlets across 16 Indian states including Maharashtra, Gujarat, Madhya Pradesh, Rajasthan, Uttar Pradesh, and others; it maintains a strong presence in domestic institutional sales, government tenders, and exports. Founded on January 20, 1913, and headquartered at 301-302, Heritage Horizon, Third Floor, Off C.G. Road, Navrangpura, Ahmedabad, Gujarat, Mafatlal Industries also engages in digital infrastructure via subsidiaries like Pieflowtech Solutions and Vrata Tech Solutions, and consumer durables. In recent developments, the company incorporated subsidiary Mafatlal Apparel Exports Private Limited in 2025 with a 51% stake in partnership with industry expert Sagar Birnale to enter the global garment and apparel export market as a buying house for fashion and casual wear targeting multinational retailers; executed large institutional orders driving Q1 FY26 revenue growth of 174.5% to INR 1,240.2 crore; entered technology transfer agreements with Defence Research Laboratory and tripartite licensing; signed LoI and MoU with CSE e-Governance Services India Ltd; modernized operations with a new plant in Dahej, Gujarat; and reported profit after tax of INR 98.8 crore for FY24 amid sustained expansion in textiles and diversification.