Majestic Auto Ltd
Incorporated in 1973, Majestic Auto Ltd is in the business of leasing and provision of maintenance services[1]
- Market Cap ₹ 319 Cr.
- Current Price ₹ 307
- High / Low ₹ 476 / 271
- Stock P/E 21.0
- Book Value ₹ 614
- Dividend Yield 4.88 %
- ROCE 11.6 %
- ROE 6.22 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.50 times its book value
- Stock is providing a good dividend yield of 4.85%.
- Company has been maintaining a healthy dividend payout of 85.0%
Cons
- The company has delivered a poor sales growth of -6.49% over past five years.
- Company has a low return on equity of 3.33% over last 3 years.
- Earnings include an other income of Rs.32.3 Cr.
* 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.
Peer comparison
Sector: Realty Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
155 | 106 | 114 | 138 | 57 | 56 | 117 | 69 | 57 | 49 | 50 | 83 | 65 | |
147 | 120 | 133 | 137 | 42 | 36 | 53 | 26 | 17 | 19 | 25 | 29 | 31 | |
Operating Profit | 7 | -13 | -19 | 1 | 14 | 20 | 63 | 43 | 40 | 30 | 25 | 54 | 34 |
OPM % | 5% | -13% | -17% | 0% | 25% | 36% | 54% | 62% | 70% | 61% | 50% | 65% | 52% |
8 | 88 | 57 | 53 | 9 | 9 | 10 | 10 | 13 | 13 | 11 | 34 | 32 | |
Interest | 13 | 15 | 10 | 26 | 27 | 23 | 22 | 20 | 17 | 14 | 14 | 14 | 14 |
Depreciation | 15 | 16 | 18 | 20 | 8 | 8 | 7 | 9 | 9 | 9 | 9 | 9 | 9 |
Profit before tax | -12 | 44 | 9 | 7 | -12 | -2 | 45 | 24 | 27 | 20 | 14 | 65 | 42 |
Tax % | -42% | -29% | -161% | -67% | -12% | 23% | 0% | 188% | 20% | 47% | 65% | 49% | |
-7 | 56 | 24 | 11 | -10 | -3 | 45 | -21 | 22 | 11 | 5 | 33 | 16 | |
EPS in Rs | -6.84 | 53.81 | 22.81 | 10.91 | -10.76 | -3.46 | 41.93 | -15.42 | 19.17 | 8.70 | 3.64 | 30.79 | 13.42 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 39% | 0% | 206% | 49% |
Compounded Sales Growth | |
---|---|
10 Years: | -2% |
5 Years: | -6% |
3 Years: | 14% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | -6% |
3 Years: | 17% |
TTM: | -53% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 39% |
3 Years: | 36% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 58 | 114 | 138 | 166 | 378 | 405 | 379 | 289 | 410 | 405 | 406 | 605 | 628 |
130 | 94 | 102 | 379 | 365 | 292 | 222 | 198 | 183 | 178 | 160 | 153 | 147 | |
33 | 29 | 20 | 52 | 69 | 47 | 34 | 35 | 57 | 31 | 37 | 82 | 111 | |
Total Liabilities | 232 | 247 | 270 | 607 | 822 | 755 | 645 | 533 | 660 | 624 | 614 | 851 | 896 |
172 | 165 | 179 | 469 | 439 | 360 | 358 | 353 | 345 | 344 | 340 | 343 | 457 | |
CWIP | 8 | 8 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 16 |
Investments | 1 | 0 | 0 | 21 | 316 | 326 | 240 | 149 | 272 | 211 | 216 | 123 | 327 |
52 | 74 | 89 | 118 | 68 | 69 | 47 | 31 | 44 | 69 | 58 | 381 | 96 | |
Total Assets | 232 | 247 | 270 | 607 | 822 | 755 | 645 | 533 | 660 | 624 | 614 | 851 | 896 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | -31 | -17 | 20 | 24 | 44 | 99 | 40 | 41 | 17 | 32 | 79 | |
-27 | 78 | 28 | -244 | 29 | 58 | -4 | 0 | -2 | 10 | 5 | 282 | |
12 | -48 | -2 | 215 | -53 | -101 | -91 | -43 | -33 | -33 | -38 | -36 | |
Net Cash Flow | -0 | -1 | 8 | -8 | -1 | -0 | 3 | -3 | 6 | -6 | -0 | 325 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 63 | 40 | 67 | 208 | 64 | 11 | 15 | 18 | 14 | 1 | 2 |
Inventory Days | 53 | 58 | 49 | 88 | 631 | 132 | 27 | 68 | 123 | 145 | 83 | 26 |
Days Payable | 72 | 87 | 46 | 113 | 1,155 | 106 | 33 | 45 | 47 | 70 | 29 | 27 |
Cash Conversion Cycle | 14 | 35 | 42 | 42 | -316 | 90 | 5 | 38 | 94 | 88 | 55 | 1 |
Working Capital Days | -20 | 58 | 65 | 67 | -27 | 128 | -48 | -93 | 81 | 178 | 111 | -5 |
ROCE % | 0% | -9% | -10% | 1% | 2% | 3% | 10% | 8% | 8% | 6% | 5% | 12% |
Documents
Announcements
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Board Meeting Intimation for Consideration And Approval Of The Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31, 2025 And To Consider And Recommend The Final Dividend, If Any, For The Financial Year 2024-25.
1d - Board meeting on May 26 to approve FY25 results, dividend, and AGM notice; trading window closed.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 Apr - Majestic Auto confirms non-applicability of SEBI circular on Large Corporate disclosures as of March 31, 2025.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Submission of compliance certificate for dematerialization requests.
- Closure of Trading Window 26 Mar
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Integrated Filing (Financial)
14 Feb - Integrated financial filing for Q3 2024.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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