Maha Rashtra Apex Corporation Ltd
Incorporated in 1943, Maha Rashtra Apex Corporation Ltd is engaged in financial activities and other related services[1]
- Market Cap ₹ 180 Cr.
- Current Price ₹ 127
- High / Low ₹ 184 / 96.0
- Stock P/E 59.5
- Book Value ₹ 74.6
- Dividend Yield 0.00 %
- ROCE 3.09 %
- ROE 3.19 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.71% over last 3 years.
- Earnings include an other income of Rs.1.44 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2.20 | 2.37 | 1.31 | 1.63 | 1.11 | 5.28 | 7.15 | 5.39 | 2.23 | 6.27 | 5.60 | 6.55 | 5.52 | |
1.92 | 1.54 | 0.03 | 4.55 | 1.46 | 3.30 | 1.92 | 2.18 | 3.31 | 1.17 | 1.43 | 2.61 | 2.13 | |
Operating Profit | 0.28 | 0.83 | 1.28 | -2.92 | -0.35 | 1.98 | 5.23 | 3.21 | -1.08 | 5.10 | 4.17 | 3.94 | 3.39 |
OPM % | 12.73% | 35.02% | 97.71% | -179.14% | -31.53% | 37.50% | 73.15% | 59.55% | -48.43% | 81.34% | 74.46% | 60.15% | 61.41% |
4.05 | 2.87 | 0.57 | 5.35 | 2.30 | 4.13 | 0.94 | 3.87 | 0.76 | 1.55 | 1.66 | 1.44 | 1.44 | |
Interest | 5.11 | 4.15 | 2.94 | 2.77 | 2.15 | 1.59 | 1.40 | 1.08 | 0.39 | 0.03 | 0.02 | 0.00 | 0.00 |
Depreciation | 0.32 | 0.27 | 0.22 | 0.01 | 0.04 | 0.03 | 0.03 | 0.05 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
Profit before tax | -1.10 | -0.72 | -1.31 | -0.35 | -0.24 | 4.49 | 4.74 | 5.95 | -0.74 | 6.59 | 5.77 | 5.34 | 4.79 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.46% | -5.38% | 0.00% | -20.64% | 9.36% | 1.50% | |
-1.09 | -0.72 | -1.31 | -0.35 | -0.23 | 4.49 | 3.97 | 6.27 | -0.74 | 7.94 | 5.23 | 5.26 | 4.25 | |
EPS in Rs | -0.77 | -0.51 | -0.93 | -0.25 | -0.16 | 3.17 | 2.81 | 4.43 | -0.52 | 5.61 | 3.70 | 3.72 | 3.00 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | -2% |
3 Years: | 43% |
TTM: | 28% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 3% |
3 Years: | 66% |
TTM: | 70% |
Stock Price CAGR | |
---|---|
10 Years: | 37% |
5 Years: | 7% |
3 Years: | 10% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14.11 | 14.11 | 14.11 | 14.11 | 14.11 | 14.11 | 14.12 | 14.12 | 14.12 | 14.12 | 14.12 | 14.12 | 14.12 |
Reserves | -86.21 | -86.93 | -88.24 | -88.64 | -88.87 | 19.12 | 71.06 | 77.41 | 91.50 | 124.92 | 125.64 | 88.38 | 91.44 |
Preference Capital | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.91 | 1.79 | 2.69 | 8.68 | 0.00 | 5.94 | 5.62 | 5.93 | 5.93 | 5.93 | 5.93 | 5.93 | 0.00 | |
157.54 | 148.83 | 146.12 | 145.04 | 133.70 | 110.86 | 105.68 | 103.35 | 107.63 | 106.22 | 104.09 | 90.63 | 94.77 | |
Total Liabilities | 86.35 | 77.80 | 74.68 | 79.19 | 58.94 | 150.03 | 196.48 | 200.81 | 219.18 | 251.19 | 249.78 | 199.06 | 200.33 |
2.83 | 1.59 | 1.47 | 1.30 | 1.27 | 1.47 | 1.45 | 1.52 | 1.57 | 1.54 | 1.50 | 1.47 | 1.41 | |
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 | 26.55 | 25.94 | 25.98 | 25.98 | 26.13 | 141.23 | 190.44 | 192.84 | 206.34 | 235.25 | 231.94 | 184.34 | 176.84 |
56.97 | 50.27 | 47.23 | 51.91 | 31.54 | 7.33 | 4.59 | 6.45 | 11.27 | 14.40 | 16.34 | 13.25 | 22.08 | |
Total Assets | 86.35 | 77.80 | 74.68 | 79.19 | 58.94 | 150.03 | 196.48 | 200.81 | 219.18 | 251.19 | 249.78 | 199.06 | 200.33 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6.39 | 15.73 | 11.14 | 14.64 | -4.39 | 21.56 | 48.01 | -4.97 | -2.52 | -0.15 | -2.39 | -7.82 | |
8.10 | 5.58 | 0.70 | 1.31 | 3.70 | -20.35 | -48.17 | 7.59 | 1.20 | 1.33 | 1.67 | 5.91 | |
-14.43 | -14.57 | -13.41 | -10.23 | -11.06 | -1.59 | -1.40 | -1.08 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 0.06 | 6.74 | -1.57 | 5.73 | -11.74 | -0.37 | -1.56 | 1.54 | -1.32 | 1.19 | -0.72 | -1.91 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1,834.95 | 1,481.56 | 2,513.21 | 1,807.09 | 1,785.54 | 23.50 | 5.62 | 6.77 | 4.91 | 0.00 | 0.00 | 0.00 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1,834.95 | 1,481.56 | 2,513.21 | 1,807.09 | 1,785.54 | 23.50 | 5.62 | 6.77 | 4.91 | 0.00 | 0.00 | 0.00 |
Working Capital Days | -19,222.23 | -17,523.08 | -31,072.37 | -24,893.90 | -32,504.73 | -7,620.76 | -5,348.40 | -6,956.67 | -16,585.40 | -5,752.68 | -6,133.30 | -4,575.04 |
ROCE % | 8.22% | 3.52% | -1.04% | 3.97% | 2.90% | 3.09% |
Documents
Announcements
- Board Meeting Intimation for Intimation Of Board Meeting Date To Consider Audited Financial Results Of The Company For The Year Ended 31St March, 2024. 15 May
- Certificate Under Regulation 40(9) Of SEBI (Listing Obligations And Disclosure Requirement) Regulations, 2015 25 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr
- Shareholder Meeting / Postal Ballot-Outcome of AGM 10 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Attached Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 31st March,2024.
Annual reports
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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 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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Financial Year 2009
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Financial Year 2008
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Services Offered:[1]
a) Leasing Financing
b) Hire purchase
c) Bill discounting
d) Providing Loans