Majestic Auto Limited engages in the space leasing and facility management activities in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹117.00|
|52 Week High||₹84.10|
|52 Week Low||₹176.00|
|1 Month Change||-2.99%|
|3 Month Change||-24.76%|
|1 Year Change||26.97%|
|3 Year Change||25.60%|
|5 Year Change||-7.80%|
|Change since IPO||-58.95%|
Recent News & Updates
|500267||IN Auto||IN Market|
Return vs Industry: 500267 underperformed the Indian Auto industry which returned 35.7% over the past year.
Return vs Market: 500267 underperformed the Indian Market which returned 61% over the past year.
Stable Share Price: 500267 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 500267's weekly volatility (4%) has been stable over the past year.
About the Company
Majestic Auto Limited engages in the space leasing and facility management activities in India. The company was formerly known as Majestic Gears (P) Limited and changed its name to Majestic Auto Limited in August 1977. Majestic Auto Limited was incorporated in 1973 and is based in Noida, India.
Majestic Auto Fundamentals Summary
|500267 fundamental statistics|
Is 500267 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500267 income statement (TTM)|
|Cost of Revenue||₹58.89m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||16.67|
|Net Profit Margin||32.07%|
How did 500267 perform over the long term?See historical performance and comparison
Is Majestic Auto undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500267 (₹117) is trading below our estimate of fair value (₹358.93)
Significantly Below Fair Value: 500267 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 500267 is good value based on its PE Ratio (7x) compared to the Indian Auto industry average (35.7x).
PE vs Market: 500267 is good value based on its PE Ratio (7x) compared to the Indian market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500267's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500267 is good value based on its PB Ratio (0.3x) compared to the IN Auto industry average (3.6x).
How is Majestic Auto forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Automobiles industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Majestic Auto has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Majestic Auto performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500267 has high quality earnings.
Growing Profit Margin: 500267 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 500267's earnings have declined by 1.5% per year over the past 5 years.
Accelerating Growth: 500267 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 500267 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto industry (25.7%).
Return on Equity
High ROE: 500267's Return on Equity (4.4%) is considered low.
How is Majestic Auto's financial position?
Financial Position Analysis
Short Term Liabilities: 500267's short term assets (₹315.1M) exceed its short term liabilities (₹291.5M).
Long Term Liabilities: 500267's short term assets (₹315.1M) do not cover its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 500267's debt to equity ratio (43.2%) is considered high.
Reducing Debt: 500267's debt to equity ratio has reduced from 186.7% to 43.2% over the past 5 years.
Debt Coverage: 500267's debt is well covered by operating cash flow (22.2%).
Interest Coverage: 500267's interest payments on its debt are not well covered by EBIT (1.7x coverage).
What is Majestic Auto current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 500267's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 500267's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 500267's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500267's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500267's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mahesh Munjal (67 yo)
Mr. Mahesh Chander Munjal, B.Tech., MBA, serves as the Chairman of Majestic Auto Limited and has been its Managing Director since July 29, 1999 and also serves as its Compiance Officer since October 12, 20...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Mahesh's total compensation is reasonable compared to companies of similar size in the Indian market.
Compensation vs Earnings: Mahesh's compensation has been consistent with company performance over the past year.
Experienced Management: 500267's management team is seasoned and experienced (5 years average tenure).
Experienced Board: 500267's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Majestic Auto Limited's employee growth, exchange listings and data sources
- Name: Majestic Auto Limited
- Ticker: 500267
- Exchange: BSE
- Founded: 1973
- Industry: Motorcycle Manufacturers
- Sector: Automobiles
- Market Cap: ₹1.217b
- Shares outstanding: 10.40m
- Website: https://www.majesticauto.in
Number of Employees
- Majestic Auto Limited
- A-110, Ground Floor
- Sector 4
- Uttar Pradesh
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:40|
|End of Day Share Price||2021/10/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.