Majestic Auto Ltd
Incorporated in 1973, Majestic Auto Ltd is in the business of leasing and provision of maintenance services[1]
- Market Cap ₹ 321 Cr.
- Current Price ₹ 308
- High / Low ₹ 476 / 271
- Stock P/E 47.1
- Book Value ₹ 587
- Dividend Yield 4.86 %
- ROCE 4.07 %
- ROE 1.11 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.53 times its book value
- Stock is providing a good dividend yield of 4.86%.
- 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.12.7 Cr.
- Working capital days have increased from 483 days to 1,342 days
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
106.11 | 114.03 | 137.58 | 56.60 | 55.77 | 116.70 | 69.16 | 56.84 | 48.93 | 49.58 | 83.42 | 64.31 | |
119.57 | 133.31 | 137.03 | 42.41 | 35.54 | 53.23 | 26.11 | 16.85 | 19.14 | 24.92 | 29.42 | 36.23 | |
Operating Profit | -13.46 | -19.28 | 0.55 | 14.19 | 20.23 | 63.47 | 43.05 | 39.99 | 29.79 | 24.66 | 54.00 | 28.08 |
OPM % | -12.68% | -16.91% | 0.40% | 25.07% | 36.27% | 54.39% | 62.25% | 70.36% | 60.88% | 49.74% | 64.73% | 43.66% |
88.06 | 57.25 | 52.88 | 9.34 | 8.78 | 10.23 | 9.92 | 13.13 | 13.08 | 11.45 | 34.21 | 12.74 | |
Interest | 14.82 | 10.42 | 26.42 | 26.93 | 22.97 | 21.61 | 20.09 | 16.92 | 14.37 | 13.71 | 14.34 | 14.55 |
Depreciation | 16.28 | 18.47 | 20.20 | 8.32 | 8.19 | 6.99 | 9.25 | 8.95 | 8.60 | 8.80 | 8.74 | 9.37 |
Profit before tax | 43.50 | 9.08 | 6.81 | -11.72 | -2.15 | 45.10 | 23.63 | 27.25 | 19.90 | 13.60 | 65.13 | 16.90 |
Tax % | -28.64% | -161.23% | -66.52% | -12.03% | 22.79% | 0.22% | 188.45% | 19.96% | 46.93% | 65.29% | 49.19% | 47.93% |
55.95 | 23.72 | 11.34 | -10.31 | -2.65 | 45.00 | -20.91 | 21.81 | 10.56 | 4.72 | 33.10 | 8.80 | |
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 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 39.14% | 0.00% | 206.35% | 48.73% | 152.72% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -1% |
3 Years: | 10% |
TTM: | -23% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 19% |
3 Years: | -9% |
TTM: | -79% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 31% |
3 Years: | 35% |
1 Year: | -12% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 | 10.40 |
Reserves | 114.12 | 137.84 | 165.58 | 377.93 | 405.21 | 378.82 | 289.19 | 410.47 | 405.03 | 406.39 | 604.68 | 600.06 |
93.88 | 102.09 | 378.89 | 365.48 | 292.36 | 221.90 | 197.92 | 182.84 | 177.56 | 160.38 | 153.33 | 141.31 | |
28.61 | 19.60 | 52.41 | 68.52 | 47.03 | 33.78 | 35.37 | 56.61 | 30.60 | 37.25 | 82.40 | 170.80 | |
Total Liabilities | 247.01 | 269.93 | 607.28 | 822.33 | 755.00 | 644.90 | 532.88 | 660.32 | 623.59 | 614.42 | 850.81 | 922.57 |
164.83 | 179.14 | 468.79 | 438.60 | 359.84 | 358.25 | 352.98 | 344.53 | 343.58 | 340.22 | 342.99 | 453.15 | |
CWIP | 8.36 | 1.96 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.10 | 24.40 |
Investments | 0.10 | 0.08 | 20.54 | 316.03 | 326.29 | 239.80 | 148.88 | 271.80 | 211.45 | 216.30 | 123.32 | 329.88 |
73.72 | 88.75 | 117.86 | 67.70 | 68.87 | 46.85 | 31.02 | 43.99 | 68.56 | 57.90 | 381.40 | 115.14 | |
Total Assets | 247.01 | 269.93 | 607.28 | 822.33 | 755.00 | 644.90 | 532.88 | 660.32 | 623.59 | 614.42 | 850.81 | 922.57 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-31.15 | -16.96 | 20.36 | 24.23 | 43.73 | 98.53 | 40.12 | 41.15 | 16.64 | 32.45 | 78.96 | 99.72 | |
77.95 | 27.58 | -243.69 | 28.59 | 57.62 | -4.45 | 0.31 | -2.21 | 10.16 | 5.30 | 281.79 | -341.27 | |
-48.08 | -2.20 | 215.26 | -53.42 | -101.44 | -91.18 | -43.45 | -32.93 | -32.80 | -37.92 | -36.20 | -34.46 | |
Net Cash Flow | -1.28 | 8.42 | -8.07 | -0.59 | -0.09 | 2.91 | -3.03 | 6.00 | -6.00 | -0.17 | 324.56 | -276.00 |
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 | 63.43 | 39.82 | 67.20 | 207.65 | 64.07 | 10.88 | 14.99 | 18.17 | 13.87 | 1.33 | 2.49 | 3.63 |
Inventory Days | 58.40 | 48.86 | 88.32 | 631.45 | 132.20 | 27.09 | 68.04 | 123.02 | 144.89 | 83.27 | 26.14 | |
Days Payable | 86.70 | 46.27 | 113.13 | 1,155.09 | 106.10 | 33.11 | 45.05 | 47.00 | 70.29 | 29.18 | 27.48 | |
Cash Conversion Cycle | 35.12 | 42.41 | 42.40 | -315.99 | 90.17 | 4.86 | 37.97 | 94.19 | 88.48 | 55.41 | 1.15 | 3.63 |
Working Capital Days | 58.44 | 65.07 | 67.07 | -26.57 | 128.15 | -48.29 | -93.04 | 80.78 | 178.06 | 110.87 | -5.47 | 1,342.34 |
ROCE % | -9.34% | -10.04% | 1.46% | 2.29% | 2.81% | 9.94% | 7.77% | 7.90% | 5.64% | 4.58% | 11.63% | 4.07% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - Annual secretarial compliance report for FY 2024-25; minor Rs. 5000 fine paid for one-day filing delay.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Publication of Financial Results in the newspaper for the quarter and year ended 31.03.2025 in pursuance to compliance with provisions of regulations 30 and 47 …
-
Re-Appointment Of Ms. Ayushi Jain, Director, Retires By Rotation Subject To Approval Of The Members In 52Nd AGM.
26 May - Majestic Auto approves FY25 audited results, recommends 50% final dividend, appoints secretarial auditor, shifts office locally.
-
Fixed The Record Date For The Declaration Of Final Dividend For The Financial Year 2024-25.
26 May - Majestic Auto approved FY25 audited results, 50% final dividend, director re-appointment, office shift, and secretarial auditor appointment.
-
Announcement under Regulation 30 (LODR)-Change in Registered Office Address
26 May - Approved FY25 audited results; recommended final dividend Rs.5/share; office relocation; secretarial auditor appointed.
Annual reports
-
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
-
Financial Year 2010
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