Maha Rashtra Apex Corporation Ltd - Stock Valuation and Financial Performance

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

Maha Rashtra Apex Share Price

170 -3.20 -1.85%
as on 12-Jul'24 16:01

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

Maha Rashtra Apex Corporation stock performance -

mw4me loader
P/E Ratio (SA):
31.36
Market Cap:
241.3 Cr.
52-wk low:
104.7
52-wk high:
183.8

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 Strong which suggest that the price of Maha Rashtra Apex Corporation Ltd is likely to Rise 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)0.30.40.40.50.70.211.11.60.27
YoY Gr. Rt. %-9.4%14.3%15%50%-75.4%476.5%10.2%51.9%-90.2%-
Adj EPS (₹ ) -0.9-0.3-0.23.22.84.5-0.55.63.73.75.5
YoY Gr. Rt. %-NANANA-11.6%58.4%-111.9%NA-34.2%0.5%-
BVPS (₹ )-52.5-52.8-5323.660.364.974.998.799.272.7318.4
YoY Gr. Rt. %-NANANA156.2%7.6%15.4%31.7%0.5%-26.7%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)-1.7-0.5-0.34.32.33.2-0.43.42.12.30

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income-7.4%-25.4%-45.3%-90.2%
Adj EPSNA5.8%NA0.5%
BVPSNA3.8%-1%-26.7%
Share Price 32% 14.9% 13.6% 0.7%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Margins
Net Profit Margin (%)-412.6-100.9-58.4974.6578.93802.2-76736.8318.93294.1115.2
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)00006.77.1-0.86.53.84.31.7

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 2.80%

Total Income has declined 4075.00 CAGR in last 3 years

Net Profit has declined 0.00 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - Maha Rashtra Apex Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 5.5 245.8
TTM Sales (₹ Cr.) 6.7 8.7
BVPS (₹.) 318.4 327
Reserves (₹ Cr.) 435 447
P/BV 0.54 0.52
PE 31.36 0.70
From the Market
52 Week Low / High (₹) 104.70 / 183.75
All Time Low / High (₹) 0.34 / 269.50
Market Cap (₹ Cr.) 241
Equity (₹ Cr.) 14.1
Face Value (₹) 10
Industry PE 51.1

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income1216762667
Interest Income0000101120
Other Income 1115761547
Expenditure 4443334113
Interest Expense 3322110000
Operating Expenses 1111222112
Provisions 0000001001
Exceptional Items 2222141111
Profit Before Tax -100456-1765
Taxes 0000100-110
Profit After Tax -100446-1855
Adjusted EPS (₹)-0.9-0.3-0.23.22.84.5-0.55.63.73.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital-74-74-74338592106139140103
Share Capital 14141414141414141414
Reserves -88-89-891971779212512688
Minority Interest0000000000
Long Term Borrowings1919190000000
Current Liabilities 13013411411711110911411211097
Trade Payables0000000000
Short term borrowings3900000000
Other Liabilities-3-900000000
Total Liabilities 757959150196201219251250199

Assets

Non Current Asset 505040145193195210239235188
Loan Asset 0000000000
Other Non Current Asset 505040145193195210239235188
Current Asset 2530195359131511
Current Investment0001121222
Other Current Asset253019424810129
Total Assets 757959150196201219251250199

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1115-42248-5-30-2-8
Cash Flow From Investing Activity 114-20-4881126
Cash Flow From Financing Activity -13-10-11-2-1-10000
Net Cash Flow -26-120-22-11-1-2
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)-100334-1644
DPS (₹)0000000000
BVPS (₹)-53-53-5324606575999973

Performance Ratios

ROA (%)-1.7-0.5-0.34.32.33.2-0.43.42.12.3
ROE (%)0.00.00.00.06.77.1-0.86.53.84.3
ROCE (%)0.00.00.00.010.48.0-0.45.44.24.4

Valuation Parameters

Price/Book(x)-0.1-0.1-0.33.62.51.80.90.70.91.2

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 12-Jul-2024 16:01 is ₹170.0.
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 12-Jul-2024 16:01 the market cap of Maha Rashtra Apex stood at ₹241.2.
The latest P/E ratio of Maha Rashtra Apex as of 12-Jul-2024 16:01 is 31.36.
The latest P/B ratio of Maha Rashtra Apex as of 12-Jul-2024 16:01 is 0.54.
The 52-week high of Maha Rashtra Apex is ₹183.8 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 ₹6.68 ( 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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