Majestic Auto Ltd Stock Analysis

BSE: 500267 | NSE: MAJESAUTO | Electric Equipment | Small Cap

BSE Share Price Jul 01, 18:01
124.15 -1.85 (-1.47%)

DeciZen - Make an Informed Decision on Majestic Auto

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Undervalued

3. Price Trend

FAQs

1. Is Majestic Auto Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Majestic Auto Ltd is a below average quality company.

2. Is Majestic Auto Ltd undervalued or overvalued?

The key valuation ratios of Majestic Auto Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Majestic Auto Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Majestic Auto Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Majestic Auto:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Majestic Auto Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 12.1%1.5%7.3%1.5%0.5%-2.9%-0.9%10%1.4%2.7%-
Value Creation Index -0.1-0.9-0.5-0.9-1.0-1.2-1.1-0.3-0.9-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1651531051121246.1981.532.720.318
YoY Gr. Rt. %--6.8%-31.8%6.8%10.6%-95.1%48%808.1%-59.9%-38%-
Adj EPS 11.7-5.65.1-3.6-9.4-17.4-8.442.42.18.21.5
YoY Gr. Rt. %--147.8%NA-170.2%NANANANA-95%285.5%-
BVPS (₹) 76.871.1128.6154163376.3396.8364.2295.5401.1388.7
Adj Net Profit 12.2-5.85.4-3.8-9.8-18.1-8.7442.28.52
Cash Flow from Ops. 1616-26.7-15.5-1.43.815.148.68.26.1-
Debt/CF from Ops. 6.68.2-3.5-6.6-127.1457.11.45.86.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -20.8%-30.4%31.2%-38%
Adj EPS -3.9%NANA285.5%
BVPS 20.219.70.435.8
Share Price 8.3% 3.2% -10.3% -10.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 17.4-7.65.2-2.6-6-6.5-2.211.10.62.40.4
Op. Profit Mgn % 9.45.3-10.4-15.51.5-3597-1113.547.229.920.910
Net Profit Mgn % 7.4-3.85.1-3.4-7.9-299.4-97.454.16.842.28.7
Debt to Equity 1.31.80.70.61.10.40.30.20.20.10.1
Working Cap Days 1041041621551623,9142,285202333451276
Cash Conv. Cycle 20173945451,25345551654105

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 31.18%

Return on Equity has declined versus last 3 years average to 0.40%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -12.59%

Latest Financials - Majestic Auto Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 8.7
TTM Sales (₹ Cr.) 17.7 48.9
BVPS (₹.) 388.7 399.6
Reserves (₹ Cr.) 394 405
P/BV 0.32 0.32
PE 85.96 14.47
From the Market
52 Week Low / High (₹) 110.05 / 176.00
All Time Low / High (₹) 6.85 / 245.40
Market Cap (₹ Cr.) 131
Equity (₹ Cr.) 10.4
Face Value (₹) 10
Industry PE 55.6

Management X-Ray of Majestic Auto :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Login/Register to view analysis.

News

About Majestic Auto Ltd

Majestic Auto Ltd, a Hero Group company was incorporated in 1972 by O P Munjal. The answer to the rapidly escalating fuel prices in the country came in the form of the Hero Majestic range of mopeds in the year 1978. Within a few years, Hero Majestic was a household name in the country, and by 1983, Majestic Auto was the country's leading manufacturer of mopeds.

Majestic Auto is one of the largest producers of mopeds in the country. Since its inception in 1978, Majestic Auto has grown from catering to home consumers to the ones abroad. Majestic Auto now exports the moped to countries like Africa, North and South America, Europe and the far Middle East.

Hero Majestic mopeds have found great acceptance in the overseas markets, including countries in Africa, North & South America, Europe and the far & Middle East and are homologated in Europe & USA.

To the existing range of five different mopeds viz. Hero Panther, Hero Panther 4S, Hero Gizmo, Hero Stallion 4S and Hero Ankur, Majestic Auto is continuously working to upgrade their performances and to make them absolute environment friendly. The company also manufactures and exports Hero Allegro exerbikes, steppers and joggers, the well accepted market leaders in fitness equipment.

They have diversified their activities in the field of fine blanking, a revolutionary technology, now being accepted all over the world. They have put up a fine blanking unit in 1998. They have started catering services to the leaders in automobile, switchgear, electronics, weapon etc.

Product range of the company includes:

Health Equipments -The company is a leading manufacturers of health equipments, having a wide range of health equipments -- joggers, steppers and twistepro to suit the requirement of people of all ages

Fine Blanked Components- Majestic Auto Limited has put up a fine blanking unit with technical know-how from Feintool, Switzerland. Simultaneously, tremendous stress has been laid on developing latest standard tool room through indigenous development and upgradation of technology through our research and development division.

Mopeds

  • Hero Effy
  • Hero Panther super 60
  • Hero Power
  • Hero Student
  • Hero Panther
  • Hero Gizmo
  • Hero Stallion
  • Hero Panther 4s dlx

Group Companies:

  • Hero Honda Motors Limited
  • Hero Cycles Limited
  • Hero Cycles Limited (Unit II)
  • Hero Cold Rolling Division
  • Fastener World
  • Hero Motors Limited (Hero Puch)
  • Highway Industries Limited
  • Munjal Auto Components
  • Munjal Showa Limited
  • Majestic Auto Limited
  • Hero Exports
  • Munjal Castings
  • Rockman Cycle Industries Limited
  • Hero Global Design
  • Hero Corporate Service Limited
  • Hero Mindmine
  • Satyam Auto Components Limited
  • Hero ITES
  • Munjal eSystems
  • Easy Bill Limited
Read More Read Less