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Maha Rashtra Apex Overview

Maha Rashtra Apex Corporation Ltd is a prominent finance company operating in the industry. With a strong foothold in the market, the company offers a comprehensive range of financial services to individuals and businesses alike. Specializing in areas such as investment management, asset allocation, and wealth advisory, Maha Rashtra Apex Corporation provides tailored solutions to meet the diverse needs of its clients. The company's team of seasoned financial experts combines deep industry knowledge with innovative strategies, aiming to optimize...Read More

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Maha Rashtra Apex Key Financials

Market Cap ₹150 Cr.

Stock P/E 7.6

P/B 0.3

Current Price ₹53.1

Book Value ₹ 168.5

Face Value 10

52W High ₹78.3

Dividend Yield 0%

52W Low ₹ 37.8

Maha Rashtra Apex Share Price

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Volume
Price

Maha Rashtra Apex Quarterly Price

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Maha Rashtra Apex Peer Comparison

Maha Rashtra Apex Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 1 1 7 1 1 0 0 0 0 2
Other Income 1 0 0 0 0 6 0 2 0 0
Total Income 2 1 7 1 1 6 1 2 0 2
Total Expenditure 1 1 1 1 1 0 0 0 1 1
Operating Profit 1 -0 6 -0 -0 6 0 1 -0 2
Interest 0 0 0 0 0 0 -0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 1 0 1 0 1 0 10 0 0 0
Profit Before Tax 2 0 7 -0 0 6 10 1 -0 2
Provision for Tax 0 0 1 0 -0 0 4 0 0 0
Profit After Tax 2 0 6 -0 0 6 6 1 -0 2
Adjustments 1 -90 413 0 -8 -13 16 22 -31 3
Profit After Adjustments 2 -90 418 0 -8 -7 22 24 -31 5
Adjusted Earnings Per Share 0.9 -34.4 160.3 0.1 -3.1 -2.6 8.6 9.1 -11.8 1.9

Maha Rashtra Apex Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 1 1 2 3 3 4 3 4 2 9 1 2
Other Income 1 1 7 7 7 2 6 4 7 2 7 2
Total Income 2 2 9 10 10 6 9 8 9 11 8 5
Total Expenditure 2 3 4 5 5 7 3 4 5 4 3 2
Operating Profit 1 -1 5 5 5 -1 5 5 4 7 5 3
Interest 3 2 2 1 1 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 2 3 2 1 6 0 1 1 1 2 11 10
Profit Before Tax 0 -0 6 5 10 -1 32 2 -42 333 24 13
Provision for Tax 0 0 0 1 -0 0 -2 1 0 2 4 4
Profit After Tax 0 -0 6 4 10 -1 34 1 -42 331 20 9
Adjustments 0 0 23 50 0 15 0 0 0 0 0 10
Profit After Adjustments 0 -0 29 54 10 14 34 1 -42 331 20 20
Adjusted Earnings Per Share 0 -0 11.1 20.6 3.8 5.2 12.9 0.5 -16 127 7.5 7.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -89% -37% -24% 0%
Operating Profit CAGR -29% 0% 0% 17%
PAT CAGR -94% 171% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -16% -1% 8% 24%
ROE Average 4% 30% 24% 12%
ROCE Average 5% 31% 24% 13%

Maha Rashtra Apex Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds -72 -72 37 91 101 115 149 150 113 446 466
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 17 17 0 0 0 0 0 0 0 0 0
Total Current Liabilities 135 115 115 110 109 113 112 110 63 55 44
Total Liabilities 80 60 152 201 211 228 261 260 209 534 543
Fixed Assets 7 7 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 41 32 146 197 202 216 245 242 195 517 522
Total Current Assets 32 21 6 4 8 12 15 18 14 17 21
Total Assets 80 60 152 201 211 228 261 260 209 534 543

Maha Rashtra Apex Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 10 16 4 3 2 5 4 5 5 3 1
Cash Flow from Operating Activities 15 -1 -0 0 -2 5 1 -2 -8 -9 -4
Cash Flow from Investing Activities 1 1 -0 -0 6 -0 -0 1 5 6 1
Cash Flow from Financing Activities -10 -11 -0 -1 -1 -6 1 1 1 0 6
Net Cash Inflow / Outflow 6 -12 -0 -1 3 -1 1 -0 -2 -2 2
Closing Cash & Cash Equivalent 16 4 3 2 5 4 5 5 3 1 3

Maha Rashtra Apex Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.03 -0.03 11.12 20.63 3.84 5.25 12.92 0.51 -16.04 127 7.53
CEPS(Rs) 0.05 -0.01 2.25 1.49 3.84 -0.31 12.93 0.53 -16.03 127.02 7.55
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -27.74 -27.79 14.19 34.78 38.84 44.1 57.03 57.6 43.26 170.83 178.46
Core EBITDA Margin(%) -103.05 -366.01 -78.61 -43.95 -76.45 -61.19 -2.66 3.7 -128.39 55.37 -106.52
EBIT Margin(%) 397.17 383.69 331.44 177.83 375.47 -10.58 1049.27 49.99 -1960.52 3821.88 1749.28
Pre Tax Margin(%) 24.79 -7.47 261.44 136.06 338.59 -20.15 1048.23 49.49 -1960.74 3821.66 1749.22
PAT Margin (%) 9.77 -13.79 257.74 113.37 339.77 -20.45 1099.83 34.48 -1966.07 3804.26 1444.6
Cash Profit Margin (%) 17.81 -3.67 259.01 114.19 341.31 -19.72 1100.89 35.42 -1964.17 3804.72 1447.28
ROA(%) 0.09 -0.11 5.52 2.19 4.84 -0.38 13.8 0.52 -17.86 89.25 3.65
ROE(%) 0 0 0 6.04 10.37 -0.76 25.55 0.9 -31.81 118.64 4.31
ROCE(%) 0 0 0 9.48 11.45 -0.39 24.37 1.3 -31.71 119.12 5.22
Receivable days 4195.52 4481.38 467 43.79 70.92 43.25 26.73 17.85 28.45 7.22 0
Inventory Days 65.44 88.38 21.41 14.23 16.56 12.02 15.85 12.48 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 95.16 0 4.12 3.94 16.81 7.12 2.75 98.13 0 0.56 7.45
Price/Book(x) -0.1 -0.27 3.23 2.34 1.66 0.85 0.62 0.88 1.11 0.42 0.31
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.17 29.72 51.31 61.77 55.72 23.15 28.49 32.56 57.43 21.28 105.33
EV/Core EBITDA(x) 1.2 -15.54 22.81 39.89 34.72 -109.82 16.02 28.03 29.75 26.7 28.1
Net Sales Growth(%) 33.1 -26.13 312.12 50.46 -14.04 37.77 -24.16 26.97 -45.28 309.1 -84.38
EBIT Growth(%) 145.07 -28.63 255.99 -19.27 81.49 -103.88 7624.54 -93.95 -2246.11 897.52 -92.85
PAT Growth(%) 104.1 -204.26 7803.95 -33.82 157.63 -108.29 4178.58 -96.02 -3220.51 891.6 -94.07
EPS Growth(%) 104.1 -204.24 0 85.56 -81.39 36.68 146.09 -96.02 -3220.57 891.6 -94.07
Debt/Equity(x) -0.13 -0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 0.24 0.18 0.05 0.04 0.07 0.11 0.14 0.16 0.22 0.3 0.47
Quick Ratio(x) 0.24 0.19 0.05 0.04 0.07 0.1 0.14 0.16 0.22 0.3 0.47
Interest Cover(x) 1.07 0.98 4.73 4.26 10.18 -1.1 1011.55 99.78 -8884.89 0 0
Total Debt/Mcap(x) 1.33 0.01 0 0 0 0 0 0 0 0 0

Maha Rashtra Apex Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 62.54 62.54 62.54 62.54 62.54 62.54 62.54 62.54 62.54 62.54
FII 0 0 0 0 0 0 0 0 0 0
DII 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Public 37.45 37.45 37.45 37.45 37.45 37.45 37.45 37.45 37.45 37.45
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Maha Rashtra Apex News

Maha Rashtra Apex Pros & Cons

Pros

  • Stock is trading at 0.3 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 30%
  • Company is almost debt free.

Cons

  • Earnings include an other income of Rs. 7 Cr.
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