Maha Rashtra Apex Corporation Ltd

Maha Rashtra Apx Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Maha Rashtra Apex Corporation Ltd

₹ 54.5 9.44%
01 Apr 11:24 a.m.
maharashtraapex.com BSE: 523384 NSE: MAHAPEXLTD
About

Incorporated in 1943, Maha Rashtra Apex Corporation Ltd is engaged in financial activities and other related services[1]

Key Points

Services Offered:[1]
a) Leasing Financing
b) Hire purchase
c) Bill discounting
d) Providing Loans

Website BSE NSE
  • Market Cap ₹ 154 Cr.
  • Current Price ₹ 54.5
  • High / Low ₹ 78.2 / 37.2
  • Stock P/E 64.5
  • Book Value ₹ 157
  • Dividend Yield 0.00 %
  • ROCE 1.04 %
  • ROE 0.77 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.36 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.43% over last 3 years.
  • Earnings include an other income of Rs.10.6 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

Financial Services Financial Services Finance Other Financial Services

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
0.42 3.31 0.41 1.68 0.12 6.41 0.13 0.16 5.86 0.46 1.49 0.25 2.32
0.11 0.89 0.48 0.40 0.36 0.52 0.46 0.43 0.30 0.57 0.40 0.43 0.39
Operating Profit 0.31 2.42 -0.07 1.28 -0.24 5.89 -0.33 -0.27 5.56 -0.11 1.09 -0.18 1.93
OPM % 73.81% 73.11% -17.07% 76.19% -200.00% 91.89% -253.85% -168.75% 94.88% -23.91% 73.15% -72.00% 83.19%
0.72 0.00 0.00 1.07 0.37 0.94 0.23 0.40 0.30 10.07 0.29 0.05 0.20
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 0.00
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 1.02 2.41 -0.08 2.34 0.12 6.82 -0.11 0.12 5.85 9.95 1.37 -0.14 2.12
Tax % 0.00% 3.32% 0.00% 19.23% 0.00% 15.40% 0.00% 0.00% 2.39% 40.00% 0.00% 0.00% 15.09%
1.02 2.32 -0.08 1.89 0.12 5.77 -0.11 0.12 5.71 5.97 1.37 -0.15 1.80
EPS in Rs 0.36 0.82 -0.03 0.67 0.04 2.05 -0.04 0.04 2.02 2.12 0.49 -0.05 0.64
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
1.31 1.63 1.11 5.28 7.15 5.39 2.23 6.27 5.60 6.55 7.28 6.39 4.52
0.03 4.55 1.46 3.30 1.92 2.18 3.31 1.17 1.43 2.61 1.75 1.78 1.79
Operating Profit 1.28 -2.92 -0.35 1.98 5.23 3.21 -1.08 5.10 4.17 3.94 5.53 4.61 2.73
OPM % 97.71% -179.14% -31.53% 37.50% 73.15% 59.55% -48.43% 81.34% 74.46% 60.15% 75.96% 72.14% 60.40%
0.57 5.35 2.30 4.13 0.94 3.87 0.76 1.55 1.66 1.44 3.71 11.24 10.61
Interest 2.94 2.77 2.15 1.59 1.40 1.08 0.39 0.03 0.02 0.00 0.00 0.00 0.00
Depreciation 0.22 0.01 0.04 0.03 0.03 0.05 0.03 0.03 0.04 0.04 0.04 0.04 0.04
Profit before tax -1.31 -0.35 -0.24 4.49 4.74 5.95 -0.74 6.59 5.77 5.34 9.20 15.81 13.30
Tax % 0.00% 0.00% 0.00% 0.00% 16.46% -5.38% 0.00% -20.64% 9.36% 1.50% 16.30% 26.06%
-1.31 -0.35 -0.23 4.49 3.97 6.27 -0.74 7.94 5.23 5.26 7.69 11.69 8.99
EPS in Rs -0.46 -0.12 -0.08 1.59 1.41 2.22 -0.26 2.82 1.85 1.87 2.73 4.15 3.20
Dividend Payout % 0.00% 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: 15%
5 Years: 23%
3 Years: 5%
TTM: -64%
Compounded Profit Growth
10 Years: 12%
5 Years: 34%
3 Years: -4%
TTM: -76%
Stock Price CAGR
10 Years: 21%
5 Years: 7%
3 Years: 2%
1 Year: -15%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 1%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 14.11 14.11 14.11 14.11 14.12 14.12 14.12 14.12 14.12 14.12 14.12 14.12 14.12
Reserves -88.24 -88.64 -88.87 19.12 71.06 77.41 91.50 124.92 125.64 88.38 419.62 435.96 428.53
3.01 9.00 0.32 5.94 5.62 5.93 5.93 5.93 5.93 5.93 0.32 0.32 0.00
145.80 144.72 133.38 110.86 105.68 103.35 107.63 106.22 104.09 90.63 87.89 77.83 77.91
Total Liabilities 74.68 79.19 58.94 150.03 196.48 200.81 219.18 251.19 249.78 199.06 521.95 528.23 520.56
1.47 1.30 1.27 1.47 1.45 1.52 1.57 1.54 1.50 1.47 1.39 2.25 2.24
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 0.00
Investments 25.98 25.98 26.13 141.23 190.44 192.84 206.34 235.25 231.94 184.34 499.08 504.09 495.44
47.23 51.91 31.54 7.33 4.59 6.45 11.27 14.40 16.34 13.25 21.48 21.89 22.88
Total Assets 74.68 79.19 58.94 150.03 196.48 200.81 219.18 251.19 249.78 199.06 521.95 528.23 520.56

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
11.14 14.64 -4.39 21.56 48.01 -4.97 -2.52 -0.15 -2.39 -7.82 -8.02 0.12
0.70 1.31 3.70 -20.35 -48.17 7.59 1.20 1.33 1.67 5.91 7.88 -0.08
-13.41 -10.23 -11.06 -1.59 -1.40 -1.08 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow -1.57 5.73 -11.74 -0.37 -1.56 1.54 -1.32 1.19 -0.72 -1.91 -0.14 0.03
Free Cash Flow 11.15 15.05 -4.39 21.63 47.99 3.64 -1.48 -0.14 -2.41 -7.83 -7.98 -0.78
CFO/OP 870% -501% 1,254% 1,089% 917% -155% 190% 14% -56% -191% -144% 3%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 2,513.21 1,807.09 1,785.54 23.50 5.62 6.77 4.91 0.00 0.00 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 2,513.21 1,807.09 1,785.54 23.50 5.62 6.77 4.91 0.00 0.00 0.00 0.00 0.00
Working Capital Days -31,821.87 -26,837.58 -32,504.73 -8,009.26 -5,651.12 -7,358.24 -17,556.01 -5,752.68 -6,133.30 -4,575.04 -3,607.88 -3,413.52
ROCE % 8.22% 3.52% -1.04% 3.97% 2.90% 3.09% 2.03% 1.04%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Income from Lodging Business
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Number of Employees
Number
Debt Recovery (Collections)
₹ lakhs
Dividend Income from Associate (KCPL/Kurlon)
₹ lakhs

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54% 62.54%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
37.46% 37.47% 37.46% 37.45% 37.46% 37.46% 37.46% 37.46% 37.46% 37.47% 37.47% 37.47%
No. of Shareholders 10,43010,51610,34010,72710,83411,65012,83515,57815,87015,56115,33315,274

* 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.

Documents

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