Majestic Auto Ltd

Majestic Auto Ltd

₹ 305 0.84%
06 Jun 3:17 p.m.
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 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
4 5 5 5 6 5 31 6 6 6 6 6 6
4 4 5 4 6 5 7 4 5 6 6 6 13
Operating Profit 0 1 -0 1 -0 0 24 2 1 1 -0 0 -7
OPM % 11% 18% -3% 18% -4% 0% 78% 26% 21% 10% -1% 8% -123%
6 1 4 1 6 1 5 7 16 12 8 -7 -1
Interest 1 1 1 1 1 1 1 1 1 1 1 1 0
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 5 0 2 0 5 0 28 7 16 12 7 -8 -10
Tax % 108% 196% 26% 50% 130% 54% 26% 26% 119% 31% 17% -23% 5%
-0 -0 2 0 -1 0 21 5 -3 8 5 -6 -10
EPS in Rs -0.38 -0.22 1.66 0.10 -1.40 0.13 19.91 5.23 -2.91 7.77 5.26 -6.20 -10.06
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
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%

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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