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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

₹369.10 10.75 (3.00%)

As on 14-Jul'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

₹369.10 10.75 (3.00%)

As on 14-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹373 Cr.
Current Price
₹369.1
52-Week Low / High
₹276 / 465
TTM EPS
₹109.8
TTM Sales
₹20.3 Cr.
Book Value per Share
₹632.2
P/E Ratio
3.26
Lower than its 5-year historical median
Industry PE
23.3
Price to Book (P/B)
0.57
Higher than its 5-year historical median
Price to Sales (P/S)
18.37
Higher than its 5-year historical median
EV/EBITDA
9.99
Lower than its 5-year historical median
Dividend Yield
16.26%
Profitability Efficiency
Return on Equity (ROE)
18.51%
Outperforms industry median
Return on Capital Employed (ROCE)
23.58%
Outperforms industry median
Return on Assets (ROA)
16.63%
Operating Profit Margin
-46.9%
Net Profit Margin
562.86%
Gross Profit Margin
128.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-16.98%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
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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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
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 :

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 performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % -4.1%-1.8%8%4.7%3.2%2.3%2.4%10.4%0.4%23.6%-
Value Creation
Index
-1.3-1.1-0.4-0.7-0.8-0.8-0.8-0.3-1.00.7-

Growth Parameters

Sales 6.1981.532.720.317.720.948.224.420.320
Sales YoY Gr.-48%808.1%-59.9%-38%-12.7%18.2%130.9%-49.3%-17%-
Adj EPS -17.4-8.442.42.18.21.50.322.51.67.2109.8
YoY Gr.-NANA-95%285.5%-82.1%-83%8880%-92.8%344.4%-
BVPS (₹) 376.3396.8364.2295.5401.1388.7386.5568.8554.6632.1632.2
Adj Net
Profit
-18.1-8.7442.28.51.50.323.31.77.5114
Cash Flow from Ops. 3.815.148.68.26.1-6.111.74970.9-3.7-
Debt/CF from Ops. 457.11.45.86.4-6.12.40.40.10-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 14.4%0%-1%-17%
Adj EPS NA-2.6%206.5%344.4%
BVPS5.9%9.5%17.8%14%
Share Price 14.2% 19.3% 32.8% 17.8%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-6.5-2.211.10.62.40.40.14.70.31.217.4
Op. Profit
Mgn %
-3597-1113.547.229.920.9107.755.83.7-46.9-63.7
Net Profit
Mgn %
-299.4-97.454.16.842.28.61.348.46.936.9562.9
Debt to
Equity
0.40.30.20.20.10.10.10000
Working Cap
Days
3,9142,2852023334515695352836426634,739
Cash Conv.
Cycle
1,253455516555930-1604,226

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales698133201821482420
Operating Expenses + 2241105523161619213133
Manufacturing Costs1111000000
Material Costs023318121013141513
Employee Cost 3332223357
Other Costs 22010418213331112
Operating Profit -218-101271042127-6-13
Operating Profit Margin (%) -3,597.0%-1,126.2%32.9%29.7%20.9%10.0%6.9%55.5%-25.8%-63.7%
Other Income + 202941311111111301241
Exceptional Items 000000000123
Interest 7665333222
Depreciation 2212222235
Profit Before Tax -25-163314108852-0144
Tax -8-6-31116828330
Profit After Tax -17-1036292023-3114
PAT Margin (%) -285.0%-106.0%44.1%6.7%42.3%8.6%0.7%48.2%-13.8%562.9%
Adjusted EPS (₹)-16.6-9.234.62.18.21.50.122.4-3.2109.8
Dividend Payout Ratio (%)0%0%0%0%91.10%0%5,353.30%67.10%-309.30%54.60%

Valuation of Majestic Auto - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 391413379307417404402591577657
Share Capital 10101010101010101010
Reserves 381402368297407394392581566647
Debt +16310255363534241420
Long Term Debt14610255363434241420
Short Term Debt17000001000
Minority Interest0000000000
Trade Payables32331111111
Others Liabilities 2426-2-86-38-26309738
Total Liabilities 610545434337458400401636677696

Fixed Assets

Net Fixed Assets +14772242424262428144152
Gross Block29185313232353537154163
Accumulated Depreciation1441378891191011
CWIP 00000003247
Investments 406416375237359297300196376414
Inventories18422222110
Trade Receivables31832210100
Cash Equivalents 01114113174492
Others Assets 8442970687474918732
Total Assets 610545434337458400401636677696

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 4154986-6124971-4
PBT -25-163314108852-0144
Adjustment 24118-4-5-4-5-241-153
Changes in Working Capital 4208-12-89227123
Tax Paid 1-0-0-1-1-20-1-1-18
Cash Flow From Investing Activity + 2261-2169158294-31998
Capex -2317-1-0-0-0-11-136-6
Net Investments 622-11-05-2291-193-98
Others 198-816911111410203
Cash Flow From Financing Activity + -27-76-46-24-12-12-20-25-26-48
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -16-12-6-5-3-2-2-2-2-0
Dividend Paid 00000-8-8-16-5-42
Others -10-64-40-19-9-2-10-8-19-5
Net Cash Flow -1-0003-3-0317-27347

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-6.17-2.379.080.632.370.370.044.68-0.5818.51
ROCE (%)-4.07-1.818.014.683.152.322.3810.370.3723.58
Asset Turnover Ratio0.010.020.170.080.050.040.050.090.040.03
PAT to CFO Conversion(x)N/AN/A1.3640.67-3N/A2.13N/A-0.04
Working Capital Days
Receivable Days1,640.20785.3023.9027.7037.2031.608.502.6060
Inventory Days1,091440.2013.302439.1046.1039.2011.1011.507
Payable Days03,076.5036.5046.7029.6028.1025.1020.6018.1020.30

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 14-Jul-2026 16:59 is ₹369.1.

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 13-Jul-2026 the market cap of Majestic Auto stood at ₹372.6 Cr

The latest P/E ratio of Majestic Auto as of 13-Jul-2026 is 3.26.

The latest P/B ratio of Majestic Auto as of 13-Jul-2026 is 0.57.

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 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 Strong which suggest that the price of Majestic Auto Ltd is likely to Rise 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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