Is Maha Rashtra Apex Corporation 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 .

Is Maha Rashtra Apex Corporation 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 Undervalued zone .

What is Maha Rashtra Apex Corporation share price return in the past 10 years?

Maha Rashtra Apex Corporation Ltd share price has appreciated 30.9% annually (CAGR) over the past ten years.

Is Maha Rashtra Apex Corporation 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.

What is the P/E ratio of Maha Rashtra Apex Corporation?

The latest standalone P/E ratio of Maha Rashtra Apex Corporation as of 17-Jul-2025 is 13.60.

What is the P/B ratio of Maha Rashtra Apex Corporation?

The latest standalone P/B ratio of Maha Rashtra Apex Corporation as of 17-Jul-2025 is 0.36.

What is the 52-week high and low of Maha Rashtra Apex Corporation?

The 52-week high of Maha Rashtra Apex Corporation is Rs. 218.20 and the 52-week low is Rs. 100.00.

Maha Rashtra Apex Corporation Ltd - Stock Valuation and Financial Performance

Name: Maha Rashtra Apex Corporation
Brand: Maha Rashtra Apex Corporation

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

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Maha Rashtra Apex Share Price

₹110.25 -2.60 -2.30%
as on 17-Jul'25 11:51

Maha Rashtra Apex Corporation Ltd - Stock Valuation and Financial Performance

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

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Maha Rashtra Apex Share Price

₹110.25 -2.60 -2.30%
as on 17-Jul'25 11:51

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

Standalone Basis ^P Consolidated Basis ^P

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

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Operating Income (₹ Cr.)	0.4	0.4	0.5	0.7	0.2	1	1.1	1.6	0.2	6.7	0
YoY Gr. Rt. %	-	14.3%	15%	50%	-75.4%	476.5%	10.2%	51.9%	-90.2%	4081.3%	-
Adj EPS (₹ )	-0.3	-0.2	3.2	2.8	4.5	-0.5	5.6	3.7	3.7	5.5	8.3
YoY Gr. Rt. %	-	NA	NA	-11.6%	58.4%	-111.9%	NA	-34.2%	0.5%	46.4%	-
BVPS (₹ )	-52.8	-53	23.6	60.3	64.9	74.9	98.7	99.2	72.7	318.4	317.1
YoY Gr. Rt. %	-	NA	NA	156.2%	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	-0.3	4.3	2.3	3.2	-0.4	3.4	2.1	2.3	2.1	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	38.8%	108.5%	83.7%	4081.3%
Adj EPS	NA	4.2%	-1.1%	46.4%
BVPS	NA	37.4%	47.8%	337.8%
Share Price	30.9%	11.5%	8.8%	-34%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Margins
Net Profit Margin (%)	-100.9	-58.4	974.6	578.9	3802.2	-76	736.8	318.9	3294.1	115.1	2657.9
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	0	0	0	6.7	7.1	-0.8	6.5	3.8	4.3	2.8	2.6

Recent Performance Summary

Total Income has increased 83.65 CAGR in last 3 years

Return on Equity has declined versus last 3 years average to 2.60%

Net Profit has declined -1.08 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 (₹)	8.3	14
TTM Sales (₹ Cr.)	0.4	1.4
BVPS (₹.) ⓘ	317.1	330.6
Reserves (₹ Cr.) ⓘ	433	452
P/BV ⓘ	0.36	0.34
PE ⓘ	13.60	8.09

From the Market
52 Week Low / High (₹)	100.00 / 218.20
All Time Low / High (₹)	0.34 / 269.50
Market Cap (₹ Cr.)	159
Equity (₹ Cr.)	14.1
Face Value (₹)	10
Industry PE ⓘ	64.4

Management X-Ray of Maha Rashtra Apex:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Maha Rashtra Apex

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Maha Rashtra Apex

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	2	1	6	7	6	2	6	6	7	9
Interest Income	0	0	0	1	0	1	1	2	0	7
Other Income ⓘ	1	1	5	7	6	1	5	4	7	2
Expenditure ⓘ	4	4	3	3	3	4	1	1	3	2
Interest Expense ⓘ	3	2	2	1	1	0	0	0	0	0
Operating Expenses ⓘ	1	1	1	2	2	2	1	1	2	2
Provisions	0	0	0	0	0	1	0	0	1	0
Exceptional Items ⓘ	2	2	2	1	4	1	1	1	1	2
Profit Before Tax ⓘ	0	0	4	5	6	-1	7	6	5	9
Taxes ⓘ	0	0	0	1	0	0	-1	1	0	2
Profit After Tax	0	0	4	4	6	-1	8	5	5	8
Adjusted EPS (₹)	-0.3	-0.2	3.2	2.8	4.5	-0.5	5.6	3.7	3.7	5.5
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	-74	-74	33	85	92	106	139	140	103	449
Share Capital ⓘ	14	14	14	14	14	14	14	14	14	14
Reserves ⓘ	-89	-89	19	71	77	92	125	126	88	435
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	19	19	0	0	0	0	0	0	0	0
Current Liabilities	134	114	117	111	109	114	112	110	64	55
Trade Payables	0	0	0	0	0	0	0	0	0	0
Short term borrowings	9	0	0	0	0	0	0	0	0	0
Other Liabilities	-9	0	0	0	0	0	0	0	33	33
Total Liabilities ⓘ	79	59	150	196	201	219	251	250	199	537
Assets
Non Current Asset	50	40	145	193	195	210	239	235	188	521
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	50	40	145	193	195	210	239	235	188	521
Current Asset	30	19	5	3	5	9	13	15	11	16
Current Investment	0	0	1	1	2	1	2	2	2	0
Other Current Asset	30	19	4	2	4	8	10	12	9	16
Total Assets ⓘ	79	59	150	196	201	219	251	250	199	537

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	15	-4	22	48	-5	-3	0	-2	-8	-8
Cash Flow From Investing Activity ⓘ	1	4	-20	-48	8	1	1	2	6	8
Cash Flow From Financing Activity ⓘ	-10	-11	-2	-1	-1	0	0	0	0	0
Net Cash Flow ⓘ	6	-12	0	-2	2	-1	1	-1	-2	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	0	0	3	3	4	-1	6	4	4	5
DPS (₹)	0	0	0	0	0	0	0	0	0	0
BVPS (₹)	-53	-53	24	60	65	75	99	99	73	318
Performance Ratios
ROA (%)	-0.5	-0.3	4.3	2.3	3.2	-0.4	3.4	2.1	2.3	2.1
ROE (%)	0.0	0.0	0.0	6.7	7.1	-0.8	6.5	3.8	4.3	2.8
ROCE (%)	0.0	0.0	0.0	10.4	8.0	-0.4	5.4	4.2	4.4	3.3
Valuation Parameters
Price/Book(x)	-0.1	-0.3	3.6	2.5	1.8	0.9	0.7	0.9	1.2	0.4

Maha Rashtra Apex Corporation Ltd Stock News

Maha Rashtra Apex Corporation Ltd FAQs

What is the share price of Maha Rashtra Apex?

Company share prices are keep on changing according to the market conditions. The closing price of Maha Rashtra Apex on 17-Jul-2025 11:51 is ₹110.2.

What is the market cap of Maha Rashtra Apex?

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 17-Jul-2025 11:51 the market cap of Maha Rashtra Apex stood at ₹159.0.

What is the P/E ratio of Maha Rashtra Apex?

The latest P/E ratio of Maha Rashtra Apex as of 17-Jul-2025 11:51 is 13.60.

What is the P/B ratio of Maha Rashtra Apex?

The latest P/B ratio of Maha Rashtra Apex as of 17-Jul-2025 11:51 is 0.36.

What is the 52-week high and low of Maha Rashtra Apex?

The 52-week high of Maha Rashtra Apex is ₹218.2 and the 52-week low is ₹100.0.

What is the TTM revenue of Maha Rashtra Apex?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maha Rashtra Apex is ₹0.44 ( 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.

SEBI Registered: Investment Adviser - INA000013323 RIA Details

Warning: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

Disclaimer: Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provides any assurance of returns to investors.

Compliance Officer:

Name: Shrikant Jagtap

Email: shrikant.jagtap@moneyworks4me.com

Mobile No: +91 97638 00745

Grievance Officer:

Name: Mukta Vaze

Email: mukta.vaze@moneyworks4me.com

Mobile No:+91 98609 19463

Principal Officer:

Name: Atharva Bhide

Email: atharva.bhide@moneyworks4me.com

Mobile No:+91 91758 99463

SEBI regional/local office address-

Plot No. C 4-A , G Block, Near Bank of India, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra 400051

Address:

The Alchemists Ark Pvt. Ltd., B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Data provided by Accord Fintech Pvt. Ltd.

Please wait your portfolio is updating...

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity - May 16, 2019 - Perpetual
BASL Membership ID:	BASL1187
Address	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Maha Rashtra Apex Corporation Ltd - Stock Valuation and Financial Performance

Maha Rashtra Apex Share Price

Maha Rashtra Apex Corporation Ltd - Stock Valuation and Financial Performance

Maha Rashtra Apex Share Price

DeciZen - make an informed investing decision on Maha Rashtra Apex Share

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

1. Quality

2. Valuation

3. Price Trend

Maha Rashtra Apex Corporation stock performance -

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

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

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

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

10 Year X-Ray of Maha Rashtra Apex: Share

Analysis of Financial Track Record

CAGR ⓘ

Key Financial Ratios

Recent Performance Summary

Latest Financials - Maha Rashtra Apex Corporation Ltd.

Management X-Ray of Maha Rashtra Apex: Share

Shareholding Pattern

Promoter's Holding & Share Pledging