Majestic Auto Ltd

Majestic Auto Ltd

₹ 292 0.81%
28 Mar - close price
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 304 Cr.
  • Current Price 292
  • High / Low 419 / 133
  • Stock P/E 12.2
  • Book Value 466
  • Dividend Yield 5.13 %
  • ROCE 2.40 %
  • ROE 0.04 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.63 times its book value
  • Stock is providing a good dividend yield of 5.13%.
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 90.6 days to 65.4 days

Cons

  • Company has a low return on equity of 0.87% over last 3 years.
  • Earnings include an other income of Rs.20.0 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: Realty Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
4.92 4.81 4.55 4.54 4.57 4.03 5.02 5.08 5.07 5.72 5.47 30.79 5.91
3.71 3.93 5.12 3.95 3.29 3.57 4.13 5.21 4.18 5.92 5.47 6.85 4.36
Operating Profit 1.21 0.88 -0.57 0.59 1.28 0.46 0.89 -0.13 0.89 -0.20 0.00 23.94 1.55
OPM % 24.59% 18.30% -12.53% 13.00% 28.01% 11.41% 17.73% -2.56% 17.55% -3.50% 0.00% 77.75% 26.23%
0.49 6.92 0.47 3.93 0.47 6.01 0.69 3.73 0.62 6.32 1.48 5.20 7.03
Interest 0.83 0.73 0.80 0.63 0.64 0.78 0.72 0.66 0.69 0.64 0.62 0.62 0.64
Depreciation 0.52 0.52 0.52 0.52 0.57 0.60 0.62 0.60 0.60 0.60 0.58 0.59 0.58
Profit before tax 0.35 6.55 -1.42 3.37 0.54 5.09 0.24 2.34 0.22 4.88 0.28 27.93 7.36
Tax % 40.00% 14.05% 14.08% 2.37% 127.78% 107.86% 195.83% 26.07% 50.00% 129.92% 53.57% 25.85% 25.95%
0.22 5.63 -1.22 3.30 -0.16 -0.40 -0.23 1.73 0.10 -1.46 0.14 20.70 5.44
EPS in Rs 0.21 5.41 -1.17 3.17 -0.15 -0.38 -0.22 1.66 0.10 -1.40 0.13 19.91 5.23
Raw PDF

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
165 153 105 112 124 6 9 81 33 20 18 21 48
149 145 115 129 122 26 20 51 23 16 16 19 23
Operating Profit 16 8 -11 -17 2 -20 -11 30 10 4 2 2 25
OPM % 9% 5% -10% -15% 2% -328% -125% 37% 30% 21% 10% 8% 53%
28 8 88 57 36 9 8 10 11 11 11 11 20
Interest 14 13 15 10 16 7 6 6 5 3 3 3 3
Depreciation 13 15 15 18 17 2 2 1 2 2 2 2 2
Profit before tax 17 -11 47 12 4 -20 -11 34 14 10 8 8 40
Tax % -15% 46% -26% -125% -111% 14% 14% -7% 84% 11% 80% 98%
19 -6 60 26 9 -17 -10 36 2 9 2 0 25
EPS in Rs 18.42 -5.63 57.52 25.36 8.94 -16.65 -9.17 34.57 2.10 8.24 1.46 0.14 23.87
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 91% 0% 5,200%
Compounded Sales Growth
10 Years: -18%
5 Years: 18%
3 Years: -14%
TTM: 149%
Compounded Profit Growth
10 Years: 7%
5 Years: 15%
3 Years: -59%
TTM: 1968%
Stock Price CAGR
10 Years: 21%
5 Years: 16%
3 Years: 42%
1 Year: 114%
Return on Equity
10 Years: -1%
5 Years: 3%
3 Years: 1%
Last Year: 0%

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 10 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 69 64 123 150 159 381 402 368 297 407 394 392 474
105 130 94 102 181 171 107 67 48 40 41 32 32
29 32 27 18 31 48 25 7 8 7 7 12 30
Total Liabilities 214 236 255 280 381 610 545 452 363 464 452 445 546
147 164 159 174 161 147 72 73 73 71 72 70 72
CWIP 7 8 8 2 0 0 0 0 0 0 0 0 0
Investments 6 11 15 17 111 406 416 327 237 359 297 300 397
55 53 73 88 110 57 56 53 53 34 83 76 77
Total Assets 214 236 255 280 381 610 545 452 363 464 452 445 546

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
16 16 -27 -16 -1 4 15 49 8 6 -6 12
4 -28 75 26 -62 22 61 -2 16 9 15 8
-21 12 -50 -2 55 -27 -76 -46 -24 -12 -12 -20
Net Cash Flow -1 -0 -1 8 -8 -1 -0 0 0 3 -3 -0

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 41 32 64 40 69 1,868 308 14 21 41 17 3
Inventory Days 37 53 58 49 88 676 23 45 63 85 60
Days Payable 64 70 83 42 106 574 37 25 23 29 28
Cash Conversion Cycle 14 16 39 47 52 1,868 409 -0 41 81 73 35
Working Capital Days 17 -12 62 70 78 555 1,231 -47 -86 37 170 65
ROCE % 11% 1% -7% -9% -2% -3% -1% 8% 5% 3% 2% 2%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
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% 24.95% 24.95% 24.95% 24.95% 24.95% 24.94% 24.95% 24.96% 24.96% 24.95% 24.94%
No. of Shareholders 4,9105,5916,3856,6787,5887,3197,0096,7166,5676,1095,8996,722

* 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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