Maha Rashtra Apex Corporation Ltd - Stock Valuation and Financial Performance

BSE: 523384 | NSE: MAHAPEXLTD | Finance - Investment | Small Cap

Maha Rashtra Apex Share Price

146 -5.90 -3.88%
as on 14-Nov'24 15:42

DeciZen - make an informed investing decision on Maha Rashtra Apex

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

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Semi Strong

Maha Rashtra Apex Corporation stock performance -

mw4me loader
P/E Ratio (SA):
27.57
Market Cap:
211.4 Cr.
52-wk low:
104.7
52-wk high:
218.2

Is Maha Rashtra Apex Corporation Ltd an attractive stock to invest in?

1. Is Maha Rashtra Apex Corporation Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Maha Rashtra Apex Corporation Ltd is a below average quality company.

2. Is Maha Rashtra Apex Corporation Ltd undervalued or overvalued?

The key valuation ratios of Maha Rashtra Apex Corporation Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Maha Rashtra Apex Corporation Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Maha Rashtra Apex Corporation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Maha Rashtra Apex:

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.
Maha Rashtra Apex Corporation Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Operating Income (₹ Cr.)0.40.40.50.70.211.11.60.26.77
YoY Gr. Rt. %-14.3%15%50%-75.4%476.5%10.2%51.9%-90.2%4081.3%-
Adj EPS (₹ ) -0.3-0.23.22.84.5-0.55.63.73.75.55.4
YoY Gr. Rt. %-NANA-11.6%58.4%-111.9%NA-34.2%0.5%46.4%-
BVPS (₹ )-52.8-5323.660.364.974.998.799.272.7318.4318.3
YoY Gr. Rt. %-NANA156.2%7.6%15.4%31.7%0.5%-26.7%337.8%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)-0.5-0.34.32.33.2-0.43.42.12.32.10

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income38.8%108.5%83.7%4081.3%
Adj EPSNA4.2%-1.1%46.4%
BVPSNA37.4%47.8%337.8%
Share Price 27.1% 10.7% 17.1% 0.7%

Key Financial Ratios

RATIOS \ YEARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Margins
Net Profit Margin (%)-100.9-58.4974.6578.93802.2-76736.8318.93294.1115.1114.6
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)0006.77.1-0.86.53.84.32.81.7

Recent Performance Summary

Total Income has increased 83.65 CAGR in last 3 years

Total income growth is good in last 4 quarters

Return on Equity has declined versus last 3 years average to 1.70%

Net Profit has declined -1.08 CAGR in last 3 years

Latest Financials - Maha Rashtra Apex Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 5.4 243.5
TTM Sales (₹ Cr.) 6.7 8.8
BVPS (₹.) 318.3 326.9
Reserves (₹ Cr.) 434 447
P/BV 0.47 0.46
PE 27.57 0.62
From the Market
52 Week Low / High (₹) 104.70 / 218.20
All Time Low / High (₹) 0.34 / 269.50
Market Cap (₹ Cr.) 211
Equity (₹ Cr.) 14.1
Face Value (₹) 10
Industry PE 47.3

Management X-Ray of Maha Rashtra Apex:

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

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Analyst's Notes

Key Ratios of Maha Rashtra Apex

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Income2167626679
Interest Income0001011207
Other Income 1157615472
Expenditure 4433341132
Interest Expense 3221100000
Operating Expenses 1112221122
Provisions 0000010010
Exceptional Items 2221411112
Profit Before Tax 00456-17659
Taxes 000100-1102
Profit After Tax 00446-18558
Adjusted EPS (₹)-0.3-0.23.22.84.5-0.55.63.73.75.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Equity Capital-74-74338592106139140103449
Share Capital 14141414141414141414
Reserves -89-891971779212512688435
Minority Interest0000000000
Long Term Borrowings191900000000
Current Liabilities 1341141171111091141121106455
Trade Payables0000000000
Short term borrowings9000000000
Other Liabilities-900000003333
Total Liabilities 7959150196201219251250199537

Assets

Non Current Asset 5040145193195210239235188521
Loan Asset 0000000000
Other Non Current Asset 5040145193195210239235188521
Current Asset 3019535913151116
Current Investment0011212220
Other Current Asset301942481012916
Total Assets 7959150196201219251250199537

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 15-42248-5-30-2-8-8
Cash Flow From Investing Activity 14-20-48811268
Cash Flow From Financing Activity -10-11-2-1-100000
Net Cash Flow 6-120-22-11-1-20
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Operational & Financial Ratios

EPS (₹)00334-16445
DPS (₹)0000000000
BVPS (₹)-53-5324606575999973318

Performance Ratios

ROA (%)-0.5-0.34.32.33.2-0.43.42.12.32.1
ROE (%)0.00.00.06.77.1-0.86.53.84.32.8
ROCE (%)0.00.00.010.48.0-0.45.44.24.43.3

Valuation Parameters

Price/Book(x)-0.1-0.33.62.51.80.90.70.91.20.4

Maha Rashtra Apex Corporation Ltd Stock News

Maha Rashtra Apex Corporation Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Maha Rashtra Apex on 14-Nov-2024 15:42 is ₹146.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 14-Nov-2024 15:42 the market cap of Maha Rashtra Apex stood at ₹211.4.
The latest P/E ratio of Maha Rashtra Apex as of 14-Nov-2024 15:42 is 27.57.
The latest P/B ratio of Maha Rashtra Apex as of 14-Nov-2024 15:42 is 0.47.
The 52-week high of Maha Rashtra Apex is ₹218.2 and the 52-week low is ₹104.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maha Rashtra Apex is ₹6.69 ( Cr.) .

About Maha Rashtra Apex Corporation Ltd

Maha Rashtra Apex Corporation, a non-banking finance company was incorporated in April 1943 as Maharashtra Apex Bank. In 1955, all its branches were transferred to Canara Industrial and Banking Syndicate. Post which the company was changed to a hire-purchase company and accordingly its name was changed to the present one.

The main activities of the company are lease and hire purchase, automobile financing, bill discounting, corporate finance, etc. ICDS, Manipal Finance Corporation, Canara Steel and Karnataka Consumer Products are its group companies.

It plans to diversify into merchant banking, OTCEI dealership, stock exchange membership, money changing business, mutual funds, etc.

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