Maha Rashtra Apex Corporation Limited does not have significant operations.
Excellent balance sheet with solid track record.
Share Price & News
How has Maha Rashtra Apex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523384's share price has been volatile over the past 3 months.
7 Day Return
IN Consumer Finance
1 Year Return
IN Consumer Finance
Return vs Industry: 523384 underperformed the Indian Consumer Finance industry which returned 1.3% over the past year.
Return vs Market: 523384 underperformed the Indian Market which returned 5.1% over the past year.
Price Volatility Vs. Market
How volatile is Maha Rashtra Apex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Maha Rashtra Apex 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: 523384 (₹59.05) is trading below our estimate of fair value (₹142.12)
Significantly Below Fair Value: 523384 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 523384 is good value based on its PE Ratio (6.1x) compared to the IN Consumer Finance industry average (11.1x).
PE vs Market: 523384 is good value based on its PE Ratio (6.1x) compared to the Indian market (14.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523384's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523384 is overvalued based on its PB Ratio (0.7x) compared to the IN Consumer Finance industry average (0.6x).
How is Maha Rashtra Apex forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Maha Rashtra Apex 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.
- Examine whether Maha Rashtra Apex is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Maha Rashtra Apex competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Maha Rashtra Apex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523384 has high quality earnings.
Growing Profit Margin: 523384's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: 523384's earnings have grown by 18.5% per year over the past 5 years.
Accelerating Growth: 523384's earnings growth over the past year (34.7%) exceeds its 5-year average (18.5% per year).
Earnings vs Industry: 523384 earnings growth over the past year (34.7%) exceeded the Consumer Finance industry -3.4%.
Return on Equity
High ROE: 523384's Return on Equity (11.9%) is considered low.
How is Maha Rashtra Apex's financial position?
Financial Position Analysis
Short Term Liabilities: 523384's short term assets (₹47.5M) do not cover its short term liabilities (₹1.1B).
Long Term Liabilities: 523384 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 523384 is debt free.
Reducing Debt: 523384 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
Debt Coverage: 523384 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 523384 has no debt, therefore coverage of interest payments is not a concern.
What is Maha Rashtra Apex current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 523384's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 523384'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 523384's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 523384'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 523384'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 board tenure
Aspi Katgara (67 yo)
Mr. Aspi Nariman Katgara is M.Com, C.A., L.L.B, has been the Managing Director and Director of Maha Rashtra Apex Corp. Ltd since December 22, 2017. Mr. Katgara has over 47 years of experience and previousl ...
CEO Compensation Analysis
Compensation vs Market: Aspi's total compensation ($USD4.29K) is below average for companies of similar size in the Indian market ($USD49.39K).
Compensation vs Earnings: Aspi's compensation has been consistent with company performance over the past year.
|MD & Director||2.67yrs||₹319.99k||no data|
|Independent Chairman||no data||₹14.00k||no data|
|Independent Non Executive Director||5.42yrs||₹14.00k||no data|
|Non-Executive Director||2.08yrs||₹6.00k||no data|
Experienced Board: 523384's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
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.
Maha Rashtra Apex Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Maha Rashtra Apex Corporation Limited
- Ticker: 523384
- Exchange: BSE
- Founded: 1943
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹832.126m
- Shares outstanding: 14.09m
- Website: https://www.maharashtraapex.com
- Maha Rashtra Apex Corporation Limited
- Syndicate House
- 3rd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523384||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Aug 1998|
|MAHAPEXLTD||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Aug 1998|
Maha Rashtra Apex Corporation Limited does not have significant operations. Previously, it was involved in the leasing and hire purchase business. The company was formerly known as Maharashtra Apex Bank Lt ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/12 12:31|
|End of Day Share Price||2020/08/11 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.