Majestic Auto Ltd
Incorporated in 1973, Majestic Auto Ltd is in the business of leasing and provision of maintenance services[1]
- Market Cap ₹ 317 Cr.
- Current Price ₹ 305
- High / Low ₹ 476 / 271
- Stock P/E
- Book Value ₹ 555
- Dividend Yield 4.93 %
- ROCE 0.36 %
- ROE -0.58 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.55 times its book value
- Stock is providing a good dividend yield of 4.96%.
- Company has been maintaining a healthy dividend payout of 1,653%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.64% over past five years.
- Company has a low return on equity of 1.35% over last 3 years.
- Earnings include an other income of Rs.11.9 Cr.
- Company's cost of borrowing seems high
- Working capital days have increased from 871 days to 2,643 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
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
104.62 | 111.74 | 123.63 | 6.06 | 8.97 | 81.46 | 32.67 | 20.25 | 17.68 | 20.89 | 48.23 | 24.44 | |
115.49 | 129.05 | 121.77 | 25.94 | 20.18 | 51.09 | 22.90 | 16.02 | 15.90 | 19.27 | 21.31 | 30.74 | |
Operating Profit | -10.87 | -17.31 | 1.86 | -19.88 | -11.21 | 30.37 | 9.77 | 4.23 | 1.78 | 1.62 | 26.92 | -6.30 |
OPM % | -10.39% | -15.49% | 1.50% | -328.05% | -124.97% | 37.28% | 29.91% | 20.89% | 10.07% | 7.75% | 55.82% | -25.78% |
88.06 | 57.17 | 36.06 | 9.05 | 8.49 | 10.23 | 11.07 | 10.63 | 10.86 | 11.19 | 29.53 | 11.86 | |
Interest | 14.81 | 10.42 | 16.12 | 6.89 | 5.84 | 6.10 | 5.05 | 3.20 | 2.85 | 2.71 | 2.46 | 2.28 |
Depreciation | 15.03 | 17.71 | 17.40 | 2.42 | 2.49 | 0.79 | 2.12 | 2.08 | 2.20 | 2.42 | 2.38 | 3.37 |
Profit before tax | 47.35 | 11.73 | 4.40 | -20.14 | -11.05 | 33.71 | 13.67 | 9.58 | 7.59 | 7.68 | 51.61 | -0.09 |
Tax % | -26.31% | -124.81% | -111.36% | -14.05% | -13.76% | -6.64% | 84.05% | 10.65% | 79.84% | 98.05% | 54.95% | 3,633.33% |
59.81 | 26.37 | 9.30 | -17.31 | -9.53 | 35.94 | 2.18 | 8.57 | 1.52 | 0.15 | 23.25 | -3.36 | |
EPS in Rs | 57.52 | 25.36 | 8.94 | -16.65 | -9.17 | 34.57 | 2.10 | 8.24 | 1.46 | 0.14 | 22.36 | -3.23 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 91.02% | 0.00% | 5,200.00% | 67.10% | -309.52% |
Compounded Sales Growth | |
---|---|
10 Years: | -14% |
5 Years: | -6% |
3 Years: | 11% |
TTM: | -49% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | % |
3 Years: | % |
TTM: | -114% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 30% |
3 Years: | 34% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 123.36 | 149.73 | 159.03 | 380.91 | 402.25 | 368.26 | 296.85 | 406.70 | 393.72 | 391.53 | 581.05 | 566.28 |
93.68 | 101.89 | 181.23 | 170.77 | 106.85 | 66.71 | 47.68 | 40.24 | 41.03 | 31.65 | 24.06 | 9.25 | |
27.28 | 18.02 | 30.54 | 47.84 | 25.14 | 7.06 | 8.05 | 6.99 | 6.62 | 11.57 | 35.60 | 105.05 | |
Total Liabilities | 254.72 | 280.04 | 381.20 | 609.92 | 544.64 | 452.43 | 362.98 | 464.33 | 451.77 | 445.15 | 651.11 | 690.98 |
158.57 | 173.63 | 160.78 | 147.14 | 71.67 | 72.95 | 73.18 | 71.20 | 71.99 | 69.62 | 75.55 | 190.39 | |
CWIP | 8.36 | 1.96 | 0.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.80 | 24.40 |
Investments | 15.04 | 16.52 | 110.72 | 406.21 | 416.47 | 326.54 | 237.21 | 358.66 | 296.89 | 299.94 | 196.35 | 376.02 |
72.75 | 87.93 | 109.61 | 56.57 | 56.50 | 52.94 | 52.59 | 34.47 | 82.89 | 75.59 | 376.41 | 100.17 | |
Total Assets | 254.72 | 280.04 | 381.20 | 609.92 | 544.64 | 452.43 | 362.98 | 464.33 | 451.77 | 445.15 | 651.11 | 690.98 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-26.73 | -15.51 | -1.43 | 3.79 | 15.12 | 48.57 | 8.20 | 6.14 | -6.13 | 11.66 | 48.99 | 70.87 | |
75.46 | 26.10 | -61.75 | 22.17 | 60.73 | -2.31 | 15.93 | 8.75 | 15.30 | 8.06 | 293.60 | -318.51 | |
-50.08 | -2.20 | 54.85 | -26.51 | -75.94 | -46.25 | -24.01 | -11.76 | -12.44 | -19.74 | -25.47 | -25.76 | |
Net Cash Flow | -1.35 | 8.38 | -8.33 | -0.55 | -0.09 | 0.01 | 0.12 | 3.14 | -3.27 | -0.02 | 317.13 | -273.40 |
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 | 63.92 | 40.28 | 69.09 | 1,868.37 | 307.63 | 13.85 | 20.89 | 40.56 | 16.72 | 2.80 | 3.86 | 4.48 |
Inventory Days | 58.40 | 48.86 | 88.32 | 675.60 | 22.83 | 45.24 | 62.96 | 84.76 | 60.18 | 19.65 | ||
Days Payable | 83.48 | 42.24 | 105.55 | 573.82 | 36.95 | 25.07 | 22.57 | 28.85 | 27.56 | 16.63 | ||
Cash Conversion Cycle | 38.83 | 46.89 | 51.86 | 1,868.37 | 409.40 | -0.27 | 41.07 | 80.95 | 72.63 | 35.42 | 6.88 | 4.48 |
Working Capital Days | 61.75 | 70.36 | 77.85 | 554.73 | 1,230.91 | -47.41 | -86.25 | 36.59 | 169.91 | 65.35 | -97.02 | 2,643.26 |
ROCE % | -7.25% | -8.53% | -2.22% | -2.90% | -0.96% | 8.25% | 4.70% | 3.14% | 2.31% | 2.40% | 10.33% | 0.36% |
Documents
Announcements
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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.
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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 …
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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.
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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.
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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
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Financial Year 2024
from bse
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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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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