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Majestic Auto Ltd (MAJESAUT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500267 NSE: MAJESAUT Business Support | Small Cap | Majestic Auto Share Price

₹334.50 3.35 (1.01%)

As on 04-Jun'26 16:59

Majestic Auto Ltd (MAJESAUT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500267 NSE: MAJESAUT Business Support | Small Cap | Majestic Auto Share Price

₹334.50 3.35 (1.01%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹348 Cr.
Current Price
₹334.5
52-Week Low / High
₹276 / 465
TTM EPS
₹109.8
TTM Sales
₹20.3 Cr.
Book Value per Share
₹632.2
P/E Ratio
3.05
Lower than its 5-year historical median
Industry PE
23
Price to Book (P/B)
0.53
Higher than its 5-year historical median
Price to Sales (P/S)
17.14
Higher than its 5-year historical median
EV/EBITDA
9.11
Lower than its 5-year historical median
Dividend Yield
3.33%
Profitability Efficiency
Return on Equity (ROE)
-0.58%
Underperforms industry median
Return on Capital Employed (ROCE)
0.37%
Underperforms industry median
Return on Assets (ROA)
-0.51%
Operating Profit Margin
3.7%
Net Profit Margin
-13.76%
Gross Profit Margin
13.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-49.33%
Operating Profit Growth (1 Year)
-
-123.53%
Net Profit Growth (1 Year)
-
-114.45%
Asset Quality
Promoter Holding
75.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹647 Cr.
Equity
₹10.4 Cr.
Face Value
₹10
All Time Low / High
₹6.85 / 476.00

Majestic Auto stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Majestic Auto Ltd a good quality company?
Majestic Auto Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Majestic Auto Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Majestic Auto Ltd vs industry peers?
Majestic Auto Ltd revenue CAGR is -5.64%, compared to the industry median CAGR of 0.35%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Majestic Auto Ltd?
Promoters hold 75.00% of the Majestic Auto Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Majestic Auto Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 12.6% based on the current price.

10 Year X-Ray : Login to view analysis.

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 6.7%-4.1%-1.8%8%4.7%3.2%2.3%2.4%10.4%0.4%-
Value Creation
Index
-0.5-1.3-1.1-0.4-0.7-0.8-0.8-0.8-0.3-1.0-

Growth Parameters

Sales 1246.1981.532.720.317.720.948.224.420
Sales YoY Gr.--95.1%48%808.1%-59.9%-38%-12.7%18.2%130.9%-49.3%-
Adj EPS -9.4-17.4-8.442.42.18.21.50.322.51.6109.8
YoY Gr.-NANANA-95%285.5%-82.1%-83%8880%-92.8%-
BVPS (₹) 163376.3396.8364.2295.5401.1388.7386.5568.8554.6632.2
Adj Net
Profit
-9.8-18.1-8.7442.28.51.50.323.31.7114
Cash Flow from Ops. -1.43.815.148.68.26.1-6.111.74970.9-
Debt/CF from Ops. -127.1457.11.45.86.4-6.12.40.40.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -16.5%-5.6%11.4%-49.3%
Adj EPS NA-5.3%3.3%-92.8%
BVPS14.6%13.4%12.6%-2.5%
Share Price 13.1% 21.4% 31.4% 10.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-6-6.5-2.211.10.62.40.40.14.70.318.5
Op. Profit
Mgn %
1.5-3597-1113.547.229.920.9107.755.83.7-63.7
Net Profit
Mgn %
-7.9-299.4-97.454.16.842.28.61.348.46.9562.9
Debt to
Equity
1.10.40.30.20.20.10.10.1000
Working Cap
Days
1623,9142,2852023334515695352836424,739
Cash Conv.
Cycle
451,253455516555930-164,226

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1246981332018214824
Operating Expenses + 12222411055231616192131
Manufacturing Costs15111100000
Material Costs770233181210131415
Employee Cost 23333222335
Other Costs 7220104182133311
Operating Profit 2-218-101271042127-6
Operating Profit Margin (%) 1.5%-3,597.0%-1,126.2%32.9%29.7%20.9%10.0%6.9%55.5%-25.8%
Other Income + 92029413111111113012
Exceptional Items 27000000000
Interest 16766533322
Depreciation 17221222223
Profit Before Tax 4-25-163314108852-0
Tax -5-8-6-311168283
Profit After Tax 9-17-1036292023-3
PAT Margin (%) 7.5%-285.0%-106.0%44.1%6.7%42.3%8.6%0.7%48.2%-13.8%
Adjusted EPS (₹)8.9-16.6-9.234.62.18.21.50.122.4-3.2
Dividend Payout Ratio (%)0%0%0%0%0%91.10%0%5,353.30%67.10%-309.30%

Valuation of Majestic Auto - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 169391413379307417404402591577
Share Capital 10101010101010101010
Reserves 159381402368297407394392581566
Debt +1731631025536353424142
Long Term Debt1541461025536343424142
Short Term Debt191700000100
Minority Interest0000000000
Trade Payables223233111111
Others Liabilities -182426-2-86-38-263097
Total Liabilities 346610545434337458400401636677

Fixed Assets

Net Fixed Assets +16114772242424262428144
Gross Block28829185313232353537154
Accumulated Depreciation12714413788911910
CWIP 00000000324
Investments 111406416375237359297300196376
Inventories181842222211
Trade Receivables233183221010
Cash Equivalents 1011141131744
Others Assets 3284429706874749187
Total Assets 346610545434337458400401636677

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -14154986-6124971
PBT 4-25-163314108852-0
Adjustment -224118-4-5-4-5-241
Changes in Working Capital -64208-12-892271
Tax Paid 21-0-0-1-1-20-1-1
Cash Flow From Investing Activity + -622261-2169158294-319
Capex -3-2317-1-0-0-0-11-136
Net Investments -67622-11-05-2291-193
Others 8198-816911111410
Cash Flow From Financing Activity + 55-27-76-46-24-12-12-20-25-26
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -16-16-12-6-5-3-2-2-2-2
Dividend Paid 000000-8-8-16-5
Others 71-10-64-40-19-9-2-10-8-19
Net Cash Flow -8-1-0003-3-0317-273

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)5.64-6.17-2.379.080.632.370.370.044.68-0.58
ROCE (%)6.7-4.07-1.818.014.683.152.322.3810.370.37
Asset Turnover Ratio0.460.010.020.170.080.050.040.050.090.04
PAT to CFO Conversion(x)-0.11N/AN/A1.3640.67-3N/A2.13N/A
Working Capital Days
Receivable Days47.601,640.20785.3023.9027.7037.2031.608.502.606
Inventory Days38.101,091440.2013.302439.1046.1039.2011.1011.50
Payable Days73.2003,076.5036.5046.7029.6028.1025.1020.6018.10

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Majestic Auto Ltd FAQs

The current trading price of Majestic Auto on 04-Jun-2026 16:59 is ₹334.5.

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 03-Jun-2026 the market cap of Majestic Auto stood at ₹347.8 Cr

The latest P/E ratio of Majestic Auto as of 03-Jun-2026 is 3.05.

The latest P/B ratio of Majestic Auto as of 03-Jun-2026 is 0.53.

The 52-week high of Majestic Auto is ₹464.9 and the 52-week low is ₹276.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Majestic Auto is ₹20.29 ( Cr.) .

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

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

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.

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
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