Comparison · NSE · data 2026-11-02
Indian Phosphate Ltd. vs Mahalaxmi Rubtech Ltd
In plain words
Size: Mahalaxmi Rubtech Ltd is about 1.1 times the market value of Indian Phosphate Ltd..
Return on equity: Mahalaxmi Rubtech Ltd 27.3% vs Indian Phosphate Ltd. 13.8%.
Profit growth over 3 years: Mahalaxmi Rubtech Ltd 26% a year vs Indian Phosphate Ltd. 9.7% a year.
Debt to equity: Indian Phosphate Ltd. 0.41 vs Mahalaxmi Rubtech Ltd 0.13.
Differences in the numbers, not a recommendation of either stock.
Side by side
| IPHL | MHLXMIRU | |
|---|---|---|
| Price | ₹77.45 | ₹173.68 |
| Market cap | ₹186 cr | ₹198 cr |
| P/E | 8.8 | 8 |
| P/B | 1.1 | — |
| ROE | 13.8% | 27.3% |
| ROCE | 20.1% | 30.7% |
| Debt / equity | 0.41 | 0.13 |
| Operating margin | 3.7% | 22.3% |
| Dividend yield | 0.00% | 0.00% |
| Sales growth, 3 years (yearly) | 11.7% | 17.0% |
| Profit growth, 3 years (yearly) | 9.7% | 26.0% |
| 1-year return | 56.8% | -19.1% |
| Revenue, last 12 months | ₹1,079 cr | ₹118 cr |
| Net profit, last 12 months | ₹22 cr | ₹23 cr |
| Latest quarter | — | Sept 2026 |
| Quarter net profit | — | ₹6 cr |
| Quarter profit vs a year earlier | — | -5.6% |
| Promoter holding | — | 64.80% |
| Health check | Strong (8.2/10) | Strong (7.9/10) |
Common questions
Which has a higher P/E, Indian Phosphate Ltd. or Mahalaxmi Rubtech Ltd?
Indian Phosphate Ltd. trades at the higher P/E (8.8 against 8). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Mahalaxmi Rubtech Ltd (27.3% against 13.8%).
Which carries more debt?
Indian Phosphate Ltd. has the higher debt-to-equity ratio (0.41 against 0.13).