Majestic Auto Ltd
Incorporated in 1973, Majestic Auto Ltd is in the business of leasing and provision of maintenance services[1]
- Market Cap ₹ 446 Cr.
- Current Price ₹ 429
- High / Low ₹ 465 / 271
- Stock P/E 23.5
- Book Value ₹ 678
- Dividend Yield 2.30 %
- ROCE 4.05 %
- ROE 1.11 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.61 times its book value
- Company has been maintaining a healthy dividend payout of 136%
Cons
- The company has delivered a poor sales growth of -1.44% over past five years.
- Company has a low return on equity of 2.76% over last 3 years.
- Earnings include an other income of Rs.132 Cr.
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 106 | 114 | 138 | 57 | 56 | 117 | 69 | 57 | 49 | 50 | 83 | 64 | 47 | |
| 120 | 133 | 137 | 42 | 36 | 53 | 26 | 17 | 19 | 25 | 29 | 36 | 34 | |
| Operating Profit | -13 | -19 | 1 | 14 | 20 | 63 | 43 | 40 | 30 | 25 | 54 | 28 | 13 |
| OPM % | -13% | -17% | 0% | 25% | 36% | 54% | 62% | 70% | 61% | 50% | 65% | 44% | 28% |
| 88 | 57 | 53 | 9 | 9 | 10 | 10 | 13 | 13 | 11 | 34 | 13 | 132 | |
| Interest | 15 | 10 | 26 | 27 | 23 | 22 | 20 | 17 | 14 | 14 | 14 | 15 | 10 |
| Depreciation | 16 | 18 | 20 | 8 | 8 | 7 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Profit before tax | 44 | 9 | 7 | -12 | -2 | 45 | 24 | 27 | 20 | 14 | 65 | 17 | 126 |
| Tax % | -29% | -161% | -67% | -12% | 23% | 0% | 188% | 20% | 47% | 65% | 49% | 48% | |
| 56 | 24 | 11 | -10 | -3 | 45 | -21 | 22 | 11 | 5 | 33 | 9 | 88 | |
| EPS in Rs | 53.81 | 22.81 | 10.91 | -10.76 | -3.46 | 41.93 | -15.42 | 19.17 | 8.70 | 3.64 | 30.79 | 6.55 | 83.22 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 39% | 0% | 206% | 49% | 153% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -1% |
| 3 Years: | 10% |
| TTM: | -28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 19% |
| 3 Years: | -9% |
| TTM: | 36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 33% |
| 3 Years: | 44% |
| 1 Year: | 41% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 3% |
| 3 Years: | 3% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 114 | 138 | 166 | 378 | 405 | 379 | 289 | 410 | 405 | 406 | 605 | 600 | 694 |
| 94 | 102 | 379 | 365 | 292 | 222 | 198 | 183 | 178 | 160 | 153 | 141 | 17 | |
| 29 | 20 | 52 | 69 | 47 | 34 | 35 | 57 | 31 | 37 | 82 | 156 | 142 | |
| Total Liabilities | 247 | 270 | 607 | 822 | 755 | 645 | 533 | 660 | 624 | 614 | 851 | 908 | 863 |
| 165 | 179 | 469 | 439 | 360 | 358 | 353 | 345 | 344 | 340 | 343 | 453 | 234 | |
| CWIP | 8 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 24 | 4 |
| Investments | 0 | 0 | 21 | 316 | 326 | 240 | 149 | 272 | 211 | 216 | 123 | 330 | 597 |
| 74 | 89 | 118 | 68 | 69 | 47 | 31 | 44 | 69 | 58 | 381 | 100 | 29 | |
| Total Assets | 247 | 270 | 607 | 822 | 755 | 645 | 533 | 660 | 624 | 614 | 851 | 908 | 863 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -31 | -17 | 20 | 24 | 44 | 99 | 40 | 41 | 17 | 32 | 79 | 100 | |
| 78 | 28 | -244 | 29 | 58 | -4 | 0 | -2 | 10 | 5 | 282 | -341 | |
| -48 | -2 | 215 | -53 | -101 | -91 | -43 | -33 | -33 | -38 | -36 | -34 | |
| Net Cash Flow | -1 | 8 | -8 | -1 | -0 | 3 | -3 | 6 | -6 | -0 | 325 | -276 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 40 | 67 | 208 | 64 | 11 | 15 | 18 | 14 | 1 | 2 | 4 |
| Inventory Days | 58 | 49 | 88 | 631 | 132 | 27 | 68 | 123 | 145 | 83 | 26 | 23 |
| Days Payable | 87 | 46 | 113 | 1,155 | 106 | 33 | 45 | 47 | 70 | 29 | 27 | 24 |
| Cash Conversion Cycle | 35 | 42 | 42 | -316 | 90 | 5 | 38 | 94 | 88 | 55 | 1 | 2 |
| Working Capital Days | 36 | 44 | -12 | -155 | 93 | -49 | -94 | -50 | 21 | -61 | -82 | -429 |
| ROCE % | -9% | -10% | 1% | 2% | 3% | 10% | 8% | 8% | 6% | 5% | 12% | 4% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
19h - Newspaper Publication - Special Window for transfer and demat of physical securities
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Feb - Newspaper Publication of Unaudited Financial Results for the quarter and nine months ended December 31, 2025
-
Announcement under Regulation 30 (LODR)-Change in Management
11 Feb - Approved Q3 results; special interim dividend ₹35/share (Record Date Feb 17, 2026); internal auditor reappointed.
- Corporate Action-Board approves Dividend 11 Feb
-
Corporate Action - Fixation Of Record Date For The Payment Of Special Interim Dividend
11 Feb - Board approved Q3/Q1 FY26 results; declared special interim dividend ₹35/share; subsidiary sale realized ~₹196 crore (04 Sep 2025).
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1]
MAL used to produce Mopeds and manufactured Automobile & Electrical components. Currently, company is in the business of commercial real estate. It provides office space on lease and facility management services