Majestic Auto Ltd

Majestic Auto Ltd

₹ 308 -1.88%
11 Jun - close price
About

Incorporated in 1973, Majestic Auto Ltd is in the business of leasing and provision of maintenance services[1]

Key Points

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

  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
11.59 12.31 12.23 12.07 12.97 13.32 39.60 14.97 15.52 16.06 16.15 17.24 14.87
5.19 5.37 5.48 6.11 7.97 7.75 9.01 6.48 6.30 9.18 8.88 7.09 11.08
Operating Profit 6.40 6.94 6.75 5.96 5.00 5.57 30.59 8.49 9.22 6.88 7.27 10.15 3.79
OPM % 55.22% 56.38% 55.19% 49.38% 38.55% 41.82% 77.25% 56.71% 59.41% 42.84% 45.02% 58.87% 25.49%
5.52 0.65 3.76 0.94 6.11 3.81 6.60 7.45 16.48 13.79 8.61 -6.61 -3.06
Interest 3.53 3.56 3.47 3.39 3.29 3.54 3.84 3.58 3.37 3.80 3.61 3.58 3.56
Depreciation 2.29 2.21 2.18 2.19 2.22 2.15 2.19 2.15 2.24 2.25 2.30 2.42 2.41
Profit before tax 6.10 1.82 4.86 1.32 5.60 3.69 31.16 10.21 20.09 14.62 9.97 -2.46 -5.24
Tax % 95.08% 75.27% 26.54% 7.58% 109.29% 32.25% 25.71% 25.37% 100.75% 29.27% 20.96% -8.13% 37.02%
0.29 0.45 3.57 1.21 -0.51 2.50 23.14 7.62 -0.16 10.34 7.90 -2.25 -7.18
EPS in Rs 0.04 0.16 3.17 1.01 -0.71 2.29 22.05 7.03 -0.59 9.69 7.22 -2.90 -7.45
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
24.95% 24.94% 24.95% 24.96% 24.96% 24.95% 24.94% 24.95% 24.95% 24.96% 24.95% 24.96%
No. of Shareholders 7,3197,0096,7166,5676,1095,8996,7228,1667,6658,3967,8777,717

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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