An important order of Rs 60.7 crore has been obtained by Mafatlal Industries Limited, a well-known brand in the Indian textile sector. This important directive, which focuses on health and hygiene in the technical textiles industry, requires sanitary napkins to be supplied to state medical companies and other government schools throughout Odisha. This program, which will be implemented over the course of the next three to four quarters, is to encourage personal cleanliness among females enrolled in school.
An important participant in India’s textile manufacturing industry, Mafatlal Industries Ltd. has been a part of the Arvind Mafatlal Group for more than 118 years. From its facilities in Nadiad and Navsari, it produces and sells textiles. The firm sells a variety of goods, such as clothing, textiles for both men and women, upholstery, corporate and school uniforms, and personal hygiene supplies. It markets its goods under a number of names, including Frolica, MEDIMEF, UNICHOICE, Coocoo, and Mafatlal Healthcare. By branching out into new markets like digital infrastructure and health & hygiene, Mafatlal Industries is also expanding the range of products it offers.
With a market valuation of more than Rs 1,400 crore, the firm has produced strong profit growth over the last five years, with a compound annual growth rate of 19.5%. The industry PE is 25x, while the company’s shares have a PE of 13x. In three years, the stock produced multibagger returns of 480%, and in five years, it produced an incredible 1,520%. This small-cap stock is one that investors should monitor.
