Maha Rashtra Apex Corporation Ltd Stock Analysis

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

BSE Share Price 08-Dec-2022 18:01
125.25 -2.35 (-1.84%)

DeciZen - Make an Informed Decision on Maha Rashtra Apex

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Maha Rashtra Apex Price Chart

P/E Ratio (SA) :
59.72
Market Cap :
179.8 Cr.
52-wk low :
71.1
52-wk high :
148.4
Bole Toh?

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 Fair 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Operating Income (₹ Cr.)0.40.30.40.40.50.70.211.11.60
YoY Gr. Rt. %--11.1%9.4%14.3%15%50%-75.4%476.5%10.2%51.9%-
Adj EPS (₹ ) -0.5-0.9-0.3-0.23.22.84.5-0.55.63.72.1
YoY Gr. Rt. %-NANANANA-11.6%58.4%-111.9%NA-34.2%-
BVPS (₹ )-51.6-52.5-52.8-5323.660.364.974.998.799.2100.5
YoY Gr. Rt. %-NANANANA156.2%7.6%15.4%31.7%0.5%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)-0.9-1.7-0.5-0.34.32.33.2-0.43.42.10

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Net Interest Income18.4%29%112.9%51.9%
Adj EPSNA3.1%-5.9%-34.2%
BVPSNA33.3%15.2%0.5%
Share Price 27.7% 9.1% 11% 44.6%

Key Financial Ratios

RATIOS \ YEARSMar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)-199.5-412.6-100.9-58.4974.6578.93802.2-76736.8318.92010.2
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)000006.77.1-0.86.53.82.1

Recent Performance Summary

Total Income has increased 112.88 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 2.10%

Net Profit has declined -5.88 CAGR in last 3 years

Latest Financials - Maha Rashtra Apex Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 2.1 2.8
TTM Sales (₹ Cr.) 0.2 2
BVPS (₹.) 100.5 106.3
Reserves (₹ Cr.) 128 136
P/BV 1.27 1.20
PE 59.72 45.28
From the Market
52 Week Low / High (₹) 71.10 / 148.40
All Time Low / High (₹) 0.34 / 269.50
Market Cap (₹ Cr.) 180
Equity (₹ Cr.) 14.1
Face Value (₹) 10
Industry PE 69.2

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.)

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 08-Dec-2022 18:01 is : 125.2.
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 08-Dec-2022 18:01 the market cap of Maha Rashtra Apex stood at ₹ 179.8.
The latest PE ratio of Maha Rashtra Apex as of 08-Dec-2022 18:01 is 59.72.
The latest PB ratio of Maha Rashtra Apex as of 08-Dec-2022 18:01 is 1.27
The 52-week high of Maha Rashtra Apex is ₹ 148.4 and the 52-week low is ₹ 71.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Maha Rashtra Apex is ₹ 0.15 ( 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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