# Mafatlal Industries share price today (Mafatlal Industries Ltd, NSE: MAFATIND)

> Mafatlal Industries share price today: ₹112.82 at the NSE close on 3 November 2026, down 41.5% in a year. Mafatlal Industries (NSE: MAFATIND) is worth ₹815 crore, trades at a P/E of 13.6 and has closed between ₹106.65 and ₹177.95 over the past 52 weeks. > Mafatlal Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. MAFATIND · Textiles - Composite Mills · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/mafatlal-industries-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹112.82 (−41.5% in a year)
- P/E: 13.6× (higher than 56% of the last 11 years)
- Revenue (Jun 2026): ₹943 Cr (−24.0% on a year ago)
- Profit (Jun 2026): ₹15.0 Cr (−67.4% on a year ago)
- Operating margin: 1.9% (−1.6 points on a year ago)
- ROCE: 13%, FY26
- ROIC: 6.7%, against a 12.0% cost of capital: −5.3 points

The main question: yearly earnings per share moved −8.5% while the share price moved −41.5%. ## What is the Mafatlal Industries share price today? Mafatlal Industries Ltd's share price was ₹112.82 at the close on 3 November 2026. It has been falling for 39 weeks. That is 12.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹107 and ₹178, and at that close it sat 9% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 16 weeks running. Over the last 11 years the share price moved +134% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 17 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Mafatlal Industries this quarter? One change stood out: indian funds and insurers (DIIs) cut their stake for 3 quarters in a row. 1. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row From 0.3% to 0.1% of the company by the September 2026 quarter. ## What are Mafatlal Industries' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Mafatlal Industries reported revenue of ₹943 crore, down 24.0% from ₹1,240 crore a year earlier, and a profit of ₹15.0 crore, down 67.4% from ₹46.0 crore. ### Mafatlal Industries results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹943 crore | ₹1,240 crore | −24.0% |
| Profit | ₹15.0 crore | ₹46.0 crore | −67.4% |
| Earnings per share | ₹2.03 | ₹6.35 | −68.0% |
| Operating margin | 1.9% | 3.5% | −1.6 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Mafatlal Industries share price history? Mafatlal Industries closed at ₹112.82 on 3 November 2026, down 41.5% from ₹193.00 a year earlier (31 October 2025) and up 196.4% over five years. Its highest weekly close since March 2016 was ₹203.30 on 28 June 2024. ### Mafatlal Industries share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹106.65 | +5.8% |
| 1 month ago · 1 Oct 2026 | ₹114.30 | −1.3% |
| 6 months ago · 30 Apr 2026 | ₹135.70 | −16.9% |
| 1 year ago · 31 Oct 2025 | ₹193.00 | −41.5% |
| 3 years ago · 3 Nov 2023 | ₹153.55 | −26.5% |
| 5 years ago · 4 Nov 2021 | ₹38.06 | +196.4% |
| 10 years ago · 4 Nov 2016 | ₹68.53 | +64.6% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹48.18 | +134.2% |
| Highest weekly close since March 2016 · 28 Jun 2024 | ₹203.30 | −44.5% |
| Lowest weekly close since March 2016 · 24 Apr 2020 | ₹11.88 | +849.7% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹177.95 | −36.6% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹106.65 | +5.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (557 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Mafatlal Industries? 3 Nov 2026: Mafatlal Industries closed at ₹112.82, up 5.8% on the week and down 1.3% on the month. 31 Jul 2026: ex-date for a dividend of ₹1.25 a share. ### Earlier

- Results for April to June 2026: Revenue down 24.0% and profit down 67.4% on a year earlier. ## What dividend does Mafatlal Industries pay? Mafatlal Industries paid ₹1.25 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.11% at the ₹112.82 close on 3 November 2026. The last was a dividend of ₹1.25 a share, ex-date 31 July 2026. ### Mafatlal Industries dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 31 Jul 2026 | ₹1.25 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 0 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Mafatlal Industries Ltd paid out 18% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years. One of those years shows a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Mafatlal Industries on? Mafatlal Industries is not on any of our India lists this week. ## Is Mafatlal Industries profitable? Mafatlal Industries Ltd earned ₹15.0 Cr of net profit in the Jun 2026 quarter, −67.4% on the same quarter a year earlier. Full-year FY26 profit was ₹89.0 Cr. Over 10 years profit has grown 18.0% a year on average. That is 1.6% of the quarter's revenue. The same quarter a year earlier earned ₹46.0 Cr. For the full year, FY26 profit was ₹89.0 Cr (−9.2% on the year before). Why profit moved: revenue changed −24.0% on a year earlier and the margin moved −1.6 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −40.6% and revenue +13.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Mafatlal Industries make, and is it growing? Mafatlal Industries Ltd reported ₹943 Cr of revenue in the Jun 2026 quarter, −24.0% on the same quarter a year earlier. Over 10 years it has grown 11.3% a year on average. The last full year, FY26, came in at ₹3,871 Cr. The last four reported quarters add to ₹3,574 Cr. FY26 revenue was ₹3,871 Cr, +37.9% on the year before. Recent pace: the last four quarters grew +13.7% on average, against 11.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −0.6%, against +35.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −47.8%, against −23.6% a year (rolling over). ## How much of every ₹100 of sales does Mafatlal Industries keep? Mafatlal Industries Ltd's operating margin was 1.9% in the Jun 2026 quarter, 1.6 percentage points lower than the same quarter a year ago. Across 13 years it has been between −8.0% and 3.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −1.6 percentage points on the year while gross margin changed +2.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Mafatlal Industries' profit turning into cash? Over the last 3 years, 76% of Mafatlal Industries Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹141 Cr of operating cash against ₹89.0 Cr of profit. After ₹28.0 Cr of spending on assets, ₹113 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 76% of profit came in as cash: the cash cycle got 27 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 27 days longer. The next section looks at where the cash is stuck. ## Where does Mafatlal Industries' cash go? Mafatlal Industries Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 3 days in FY26, up from −24 days in FY21. It spent ₹48.0 Cr on assets over the last 3 years. Customers take 67 days to pay, and stock sits for 11 days on average. At FY26 sales of ₹3,871 Cr, each day of that cycle ties up about ₹10.6 Cr, so roughly ₹32.0 Cr is tied up in the business at any time. FY26: customers took 67 days to pay and stock sat for 11 days, about 0.4 months of sales sitting as stock, for a full cycle of 3 days, longer than FY21's −24. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 11 days. Customers pay about 67 days after that. Suppliers are paid at 75 days. Together that makes the 3-day cycle. Spending on assets: ₹48.0 Cr over the last 3 years, against ₹47.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹10.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Mafatlal Industries' P/E ratio, and how does it compare with its own history? Mafatlal Industries Ltd's P/E is 13.6×, in the middle of its own history: higher than 56% of past readings. Its usual P/E (the middle reading) is 12.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹8.17. Why the multiple is where it is: over the past year earnings per share moved −8.5% while the price moved −41.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +24.3% a year; about +70.4% a year came from earnings growth and about −46.1 percentage points from the multiple (the market paying less); over 10 years the price moved +5.1% a year; about +15.3% a year came from earnings growth and about −10.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Mafatlal Industries business getting better or worse? Mafatlal Industries Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −47.8% in the latest quarter, against +158.6% at its best in 12 quarters, with ROCE steady at 10.1%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Mafatlal Industries earn on its capital? Mafatlal Industries Ltd earned a ROCE of 13% in FY26. That is up from a low of −9% in FY21. Its return on capital used (ROIC) is 5.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.3% net margin and 2.21× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.3% net margin × 2.21× asset turnover × 2.27× leverage (assets divided by equity) ≈ 11.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 6.7% − 12.0% = −5.3 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 6.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Mafatlal Industries have too much debt? Mafatlal Industries Ltd has total debt of ₹64.0 Cr against shareholder equity of ₹771 Cr as of Jun 2026, so its debt is 0.08× its equity, which is very little. Year by year, that ratio went from 0.18 in FY22 to 0.08 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Mafatlal Industries shareholding pattern? No group of Mafatlal Industries Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved −0.3 points over the same period, to 69.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.7 points over 8 quarters, to 0.1%; Promoters: −0.3 points over 8 quarters, to 69.3%; Foreign institutions: −0.2 points over 8 quarters, to 0.3%. ## How far is Mafatlal Industries from balance-sheet trouble? For Mafatlal Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Mafatlal Industries rank in its industry? 35.2 out of 100, rank 4 of 4 in Textiles - Composite Mills, with 75% of the evidence available. Mafatlal Industries Ltd scores 35.2 out of 100 against the 4 companies it is compared with in Textiles - Composite Mills, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 4.4 + 11.1 + 12.2 + 7.5 = 35.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Mafatlal Industries compared with? Mafatlal Industries ranks 4 of 4 Textiles - Composite Mills companies on the 4-Factor Sector Score, with 35.2 out of 100. 1. [Ruby Mills Ltd](https://www.sectoralpha.in/stocks/ruby-mills-ltd) RUBYMILLS · leader · Evidence leans up · 94% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 41.8% · Profit -6.5% · Operating margin change 12 points · 95% evidence Capital efficiency 11.1/25 · ROCE 5.7% · Operating margin 28% · 95% evidence Valuation 11.6/20 · P/E 36.6× · PEG 0.37 · 85% evidence Relative strength 20.0/20 · Lead over its industry 43.3% · Lead over NIFTY 500 65.4% · 1 year 107.3% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.2 + 11.1 + 11.6 + 20 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Nahar Industrial Enterprises Ltd](https://www.sectoralpha.in/stocks/nahar-industrial-enterprises-ltd) NAHARINDUS · breaking out · Evidence leans up · 75% evidence 60.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue -14.6% · Profit 100% · Operating margin change 5.1 points · 100% evidence Capital efficiency 5.9/25 · ROCE 3.8% · Operating margin 9% · 100% evidence Valuation 15.0/20 · P/E 6.9× · PEG 0.75 · 50% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 8.7% · 1 year n/a · 25% evidence · 12 of 12 weeks ahead Exact sum: 26.7 + 5.9 + 15 + 12.5 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Lakshmi Mills Company Ltd](https://www.sectoralpha.in/stocks/lakshmi-mills-company-ltd) LAKSHMIMIL · breaking out · Evidence leans down · 63% evidence 46.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.3/35 · Revenue -2.8% · Profit 100% · Operating margin change 4.9 points · 74% evidence Capital efficiency 5.5/25 · ROCE 2.1% · Operating margin 14.3% · 100% evidence Valuation 10.8/20 · P/E 56.6× · PEG n/a · 35% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 8.1% · 1 year -8% · 25% evidence · 10 of 12 weeks ahead Exact sum: 17.3 + 5.5 + 10.8 + 12.5 = 46.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Mafatlal Industries Ltd this page MAFATIND · quiet · Evidence leans down · 75% evidence 35.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.4/35 · Revenue -0.6% · Profit -47.8% · Operating margin change -1.6 points · 100% evidence Capital efficiency 11.1/25 · ROCE 12.8% · Operating margin 1.9% · 100% evidence Valuation 12.2/20 · P/E 12.9× · PEG 1.27 · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -16% · 1 year -44.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 4.4 + 11.1 + 12.2 + 7.5 = 35.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Composite Mills](https://www.sectoralpha.in/sectors/textiles-composite-mills), all 4 compared on one page. ## Which companies are close to Mafatlal Industries in size? Mafatlal Industries is the 2nd largest of 4 Textiles - Composite Mills companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ruby Mills. Just below it: Lakshmi Mills Company and Nahar Industrial Enterprises. ### Textiles - Composite Mills companies close in size

1. [Ruby Mills Ltd](https://www.sectoralpha.in/stocks/ruby-mills-ltd) ₹1,584 crore
2. Mafatlal Industries Ltd ₹773 crore
3. [Lakshmi Mills Company Ltd](https://www.sectoralpha.in/stocks/lakshmi-mills-company-ltd) ₹553 crore
4. [Nahar Industrial Enterprises Ltd](https://www.sectoralpha.in/stocks/nahar-industrial-enterprises-ltd) ₹504 crore

[All 4 Textiles - Composite Mills companies, largest first](https://www.sectoralpha.in/sectors/textiles-composite-mills#all-companies)

### Companies close in size in other industries

1. [Uday Jewellery Industries Ltd](https://www.sectoralpha.in/stocks/uday-jewellery-industries-ltd) ₹776 crore
2. [Zuari Agro Chemicals Ltd](https://www.sectoralpha.in/stocks/zuari-agro-chemicals-ltd) ₹775 crore · Fertilisers
3. Mafatlal Industries Ltd ₹773 crore
4. [Parin Enterprises Ltd](https://www.sectoralpha.in/stocks/parin-enterprises-ltd) ₹772 crore · Miscellaneous
5. [Gaudium IVF and Women Health Ltd](https://www.sectoralpha.in/stocks/gaudium-ivf-and-women-health-ltd) ₹771 crore · Hospitals/Medical Services

## What else do people ask about Mafatlal Industries? ### What is Mafatlal Industries's share price today? Mafatlal Industries Ltd's share price is ₹112.82, −41.5% over the past year. The whole company is worth ₹815 Cr on the market. In the last 52 weeks it traded between ₹107 to ₹178; today it is 9% of the way up from the low, 12.0% below its 200-day average (as of 3 November 2026). ### What were Mafatlal Industries's latest quarterly results? Mafatlal Industries Ltd reported revenue of ₹943 Cr and net profit of ₹15.0 Cr for the Jun 2026 quarter. Revenue fell 24.0% and profit fell 67.4% compared with a year earlier. Earnings per share were ₹2.03. The operating margin was 1.9%, 1.6 percentage points lower than a year earlier (as of 3 November 2026). ### What is Mafatlal Industries's market cap? Mafatlal Industries Ltd's market capitalisation is ₹815 Cr at a share price of ₹112.82. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Mafatlal Industries performing? Mafatlal Industries Ltd's share price has been falling for 39 weeks. In its latest quarter, revenue fell 24.0% and profit fell 67.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 16 weeks running (as of 3 November 2026). ### Will Mafatlal Industries's share price go up? This page does not forecast Mafatlal Industries Ltd's share price. What it shows instead: the share price is ₹112.82, and it has been falling for 39 weeks. Its P/E of 13.6× is higher than 56% of its own last 11 years (as of 3 November 2026). ### Who owns Mafatlal Industries? Promoters own 69.3% of Mafatlal Industries Ltd, foreign institutions 0.3%, domestic institutions 0.1% and the public 30.3% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Mafatlal Industries in its business cycle? Mafatlal Industries Ltd's FY26 operating margin was 2.4%, against a 13-year range of −8.0% to 3.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 1.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Mafatlal Industries story? The main question: yearly earnings per share moved −8.5% while the share price moved −41.5%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Mafatlal Industries a stock worth studying right now? What the numbers show: Mafatlal Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.