Maha Rashtra Apex Corporation Ltd
Incorporated in 1943, Maha Rashtra Apex Corporation Ltd is engaged in financial activities and other related services[1]
- Market Cap ₹ 237 Cr.
- Current Price ₹ 167
- High / Low ₹ 184 / 105
- Stock P/E 41.5
- Book Value ₹ 317
- Dividend Yield 0.00 %
- ROCE 2.45 %
- ROE 2.07 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.53 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.87% over past five years.
- Company has a low return on equity of 2.49% over last 3 years.
- Earnings include an other income of Rs.2.38 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.37 | 1.31 | 1.63 | 1.11 | 5.28 | 7.15 | 5.39 | 2.23 | 6.27 | 5.60 | 6.55 | 8.63 | |
1.54 | 0.03 | 4.55 | 1.46 | 3.30 | 1.92 | 2.18 | 3.31 | 1.17 | 1.43 | 2.61 | 1.77 | |
Operating Profit | 0.83 | 1.28 | -2.92 | -0.35 | 1.98 | 5.23 | 3.21 | -1.08 | 5.10 | 4.17 | 3.94 | 6.86 |
OPM % | 35.02% | 97.71% | -179.14% | -31.53% | 37.50% | 73.15% | 59.55% | -48.43% | 81.34% | 74.46% | 60.15% | 79.49% |
2.87 | 0.57 | 5.35 | 2.30 | 4.13 | 0.94 | 3.87 | 0.76 | 1.55 | 1.66 | 1.44 | 2.38 | |
Interest | 4.15 | 2.94 | 2.77 | 2.15 | 1.59 | 1.40 | 1.08 | 0.39 | 0.03 | 0.02 | 0.00 | 0.00 |
Depreciation | 0.27 | 0.22 | 0.01 | 0.04 | 0.03 | 0.03 | 0.05 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 |
Profit before tax | -0.72 | -1.31 | -0.35 | -0.24 | 4.49 | 4.74 | 5.95 | -0.74 | 6.59 | 5.77 | 5.34 | 9.20 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 16.46% | -5.38% | 0.00% | -20.64% | 9.36% | 1.50% | 16.30% |
-0.72 | -1.31 | -0.35 | -0.23 | 4.49 | 3.97 | 6.27 | -0.74 | 7.94 | 5.23 | 5.26 | 7.69 | |
EPS in Rs | -0.51 | -0.93 | -0.25 | -0.16 | 3.17 | 2.81 | 4.43 | -0.52 | 5.61 | 3.70 | 3.72 | 5.43 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 21% |
5 Years: | 10% |
3 Years: | 11% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 15% |
3 Years: | -4% |
TTM: | 47% |
Stock Price CAGR | |
---|---|
10 Years: | 32% |
5 Years: | 15% |
3 Years: | 17% |
1 Year: | 12% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14.11 | 14.11 | 14.11 | 14.11 | 14.11 | 14.12 | 14.12 | 14.12 | 14.12 | 14.12 | 14.12 | 14.12 |
Reserves | -86.93 | -88.24 | -88.64 | -88.87 | 19.12 | 71.06 | 77.41 | 91.50 | 124.92 | 125.64 | 88.38 | 434.53 |
Preference Capital | 0.32 | 0.32 | 0.32 | 0.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
1.79 | 2.69 | 8.68 | 0.00 | 5.94 | 5.62 | 5.93 | 5.93 | 5.93 | 5.93 | 5.93 | 0.00 | |
148.83 | 146.12 | 145.04 | 133.70 | 110.86 | 105.68 | 103.35 | 107.63 | 106.22 | 104.09 | 90.63 | 88.21 | |
Total Liabilities | 77.80 | 74.68 | 79.19 | 58.94 | 150.03 | 196.48 | 200.81 | 219.18 | 251.19 | 249.78 | 199.06 | 536.86 |
1.59 | 1.47 | 1.30 | 1.27 | 1.47 | 1.45 | 1.52 | 1.57 | 1.54 | 1.50 | 1.47 | 1.39 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 25.94 | 25.98 | 25.98 | 26.13 | 141.23 | 190.44 | 192.84 | 206.34 | 235.25 | 231.94 | 184.34 | 513.99 |
50.27 | 47.23 | 51.91 | 31.54 | 7.33 | 4.59 | 6.45 | 11.27 | 14.40 | 16.34 | 13.25 | 21.48 | |
Total Assets | 77.80 | 74.68 | 79.19 | 58.94 | 150.03 | 196.48 | 200.81 | 219.18 | 251.19 | 249.78 | 199.06 | 536.86 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
15.73 | 11.14 | 14.64 | -4.39 | 21.56 | 48.01 | -4.97 | -2.52 | -0.15 | -2.39 | -7.82 | -8.02 | |
5.58 | 0.70 | 1.31 | 3.70 | -20.35 | -48.17 | 7.59 | 1.20 | 1.33 | 1.67 | 5.91 | 7.88 | |
-14.57 | -13.41 | -10.23 | -11.06 | -1.59 | -1.40 | -1.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
Net Cash Flow | 6.74 | -1.57 | 5.73 | -11.74 | -0.37 | -1.56 | 1.54 | -1.32 | 1.19 | -0.72 | -1.91 | -0.14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 1,481.56 | 2,513.21 | 1,807.09 | 1,785.54 | 23.50 | 5.62 | 6.77 | 4.91 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 1,481.56 | 2,513.21 | 1,807.09 | 1,785.54 | 23.50 | 5.62 | 6.77 | 4.91 | 0.00 | 0.00 | 0.00 | 0.00 |
Working Capital Days | -17,523.08 | -31,072.37 | -24,893.90 | -32,504.73 | -7,620.76 | -5,348.40 | -6,956.67 | -16,585.40 | -5,752.68 | -6,133.30 | -4,575.04 | -3,056.61 |
ROCE % | 8.22% | 3.52% | -1.04% | 3.97% | 2.90% | 3.09% |
Documents
Announcements
- Audited Financial Results For The Quarter And Year Ended 31St March, 2024 1d
- Closure of Trading Window 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 11 Jun
-
Announcement under Regulation 30 (LODR)-Change in Management
29 May - Appointment of Director Mr Nagarajan Sivaramakrishnan as Additional Director of the Company
- Audited Financial Results For The Year Ended 31St March, 2024 29 May
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
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Financial Year 2009
from bse
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Financial Year 2008
from bse
Services Offered:[1]
a) Leasing Financing
b) Hire purchase
c) Bill discounting
d) Providing Loans