Maharashtra Corporation Ltd
Incorporated in 1982, Maharashtra Corporation Limited Is Engaged in the Business of Investing, Trading and Distribution of Textiles Products.
- Market Cap ₹ 31.0 Cr.
- Current Price ₹ 0.50
- High / Low ₹ 0.93 / 0.38
- Stock P/E 310
- Book Value ₹ 1.00
- Dividend Yield 0.00 %
- ROCE 0.21 %
- ROE 0.16 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.50 times its book value
Cons
- Promoter holding is low: 16.6%
- Company has a low return on equity of 0.76% over last 3 years.
- Company has high debtors of 996 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.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.97 | 2.84 | 12.79 | 20.83 | -0.04 | -0.00 | -0.00 | 0.40 | -0.00 | 1.12 | 0.78 | 1.55 | |
1.90 | 2.80 | 12.78 | 20.83 | 1.98 | 0.11 | 0.09 | 0.41 | 0.66 | 0.38 | 0.51 | 1.24 | |
Operating Profit | 0.07 | 0.04 | 0.01 | -0.00 | -2.02 | -0.11 | -0.09 | -0.01 | -0.66 | 0.74 | 0.27 | 0.31 |
OPM % | 3.55% | 1.41% | 0.08% | -0.00% | -2.50% | 66.07% | 34.62% | 20.00% | ||||
-0.00 | -0.00 | -0.00 | 0.02 | 0.04 | 0.02 | 0.02 | 0.02 | -0.00 | 0.01 | 0.01 | -0.02 | |
Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.03 | 0.12 | 0.18 |
Profit before tax | 0.07 | 0.04 | 0.01 | 0.02 | -1.98 | -0.09 | -0.07 | 0.01 | -0.66 | 0.72 | 0.16 | 0.11 |
Tax % | 28.57% | 25.00% | -0.00% | 50.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | 18.18% |
0.05 | 0.02 | -0.00 | 0.01 | -1.98 | -0.09 | -0.07 | 0.01 | -0.66 | 0.72 | 0.15 | 0.09 | |
EPS in Rs | 0.00 | 0.00 | -0.00 | 0.00 | -0.03 | -0.00 | -0.00 | 0.00 | -0.01 | 0.04 | 0.00 | 0.00 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | % |
3 Years: | % |
TTM: | 99% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 28% |
3 Years: | 29% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 26% |
3 Years: | -23% |
1 Year: | -43% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 0% |
3 Years: | 1% |
Last Year: | 0% |
Balance Sheet
Figures in Rs. Crores
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 | 13.53 | 13.53 | 13.53 | 13.53 | 13.53 | 13.53 | 13.53 | 13.53 | 13.53 | 29.27 | 62.36 | 62.36 |
Reserves | 1.23 | 1.25 | 1.25 | 1.27 | -0.71 | -0.81 | -0.88 | -0.87 | -1.53 | -0.81 | -0.66 | -0.57 |
-0.00 | -0.00 | -0.00 | -0.00 | 0.02 | -0.00 | 0.06 | 0.53 | -0.00 | -0.00 | -0.00 | -0.00 | |
2.97 | 0.19 | 7.81 | 0.85 | 1.03 | 1.04 | 0.19 | 0.27 | 0.17 | 0.11 | 0.09 | -0.15 | |
Total Liabilities | 17.73 | 14.97 | 22.59 | 15.65 | 13.87 | 13.76 | 12.90 | 13.46 | 12.17 | 28.57 | 61.79 | 61.64 |
0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.65 | 0.54 | 48.67 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | 4.77 | 4.42 | 3.58 | 3.58 | 0.70 | 0.80 | 0.80 | 0.80 | 0.80 | 0.80 | 0.80 | 1.66 |
12.95 | 10.55 | 19.01 | 12.07 | 13.17 | 12.96 | 12.10 | 12.66 | 11.37 | 27.12 | 60.45 | 11.31 | |
Total Assets | 17.73 | 14.97 | 22.59 | 15.65 | 13.87 | 13.76 | 12.90 | 13.46 | 12.17 | 28.57 | 61.79 | 61.64 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.01 | -0.37 | -0.84 | 0.05 | -0.05 | -0.04 | -0.01 | -0.01 | 0.50 | -15.40 | -29.59 | 48.08 | |
0.01 | 0.35 | 0.84 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.12 | -0.68 | -0.02 | -49.09 | |
-0.01 | -0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.05 | 15.74 | 30.53 | -0.00 | |
Net Cash Flow | -0.01 | -0.04 | -0.00 | 0.05 | -0.05 | -0.04 | -0.01 | -0.01 | 0.43 | -0.34 | 0.92 | -1.01 |
Ratios
Figures in Rs. Crores
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 | 1,484.09 | 882.94 | 438.63 | 134.58 | -80,573.75 | 7,509.88 | 1,606.65 | 1,979.42 | 996.10 | |||
Inventory Days | 507.64 | 230.53 | 44.39 | 27.10 | 298.64 | 1,950.86 | ||||||
Days Payable | 616.72 | 23.33 | 225.73 | 14.52 | 199.09 | 314.66 | ||||||
Cash Conversion Cycle | 1,375.01 | 1,090.14 | 257.29 | 147.15 | -80,474.20 | 9,146.08 | 1,606.65 | 1,979.42 | 996.10 | |||
Working Capital Days | 1,398.86 | 1,084.72 | 261.41 | 147.37 | 85,592.50 | 8,696.12 | 7,339.11 | 24,543.91 | 1,919.19 | |||
ROCE % | 0.48% | 0.27% | 0.07% | 0.14% | -14.33% | -0.70% | -0.55% | 0.08% | -5.24% | 3.56% | 0.35% | 0.21% |
Documents
Announcements
-
Appointment of Company Secretary and Compliance Officer
6 Jun - Appointed Meenu Sharma as Company Secretary & Compliance Officer, effective 06 June 2025.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
30 May - Company Secretary Hardika Solanki resigned effective May 30, 2025, for better prospects.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report FY 2024-25 with minor delays and fines paid by Maharashtra Corporation.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper publication for the quarter and year ended 31.03.2025
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Revised Audited Financial Results For The Quarter And Year Ended 31.03.2025
28 May - Approved FY25 audited results; appointed secretarial auditor for 5 years; re-appointed internal auditor for FY26.
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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Product Portfolio:[1] Gunnies, Handicrafts, Hessian, Tea, Shellac, Tobacco, Hides, Skins, Kapoks, Cotton, Cotton Goods, Myrobalan, Nux, Indigo, Oils, Oilcakes, Fertilizers, Manure, Rubber, Dates, Rice, Seeds, Chemicals, Color, Paints, Pigments, Timber, Iron, Steel, Carpets