Maha Rashtra Apex Corporation Limited does not have significant operations. More Details
Adequate balance sheet with questionable 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: MAHAPEXLTD'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: MAHAPEXLTD exceeded the Indian Consumer Finance industry which returned -18.2% over the past year.
Return vs Market: MAHAPEXLTD exceeded the Indian Market which returned 2.2% 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
7 months ago | Simply Wall StCould Maha Rashtra Apex Corporation Limited's (NSE:MAHAPEXLTD) Investor Composition Influence The Stock Price?
11 months ago | Simply Wall StDo Directors Own Maha Rashtra Apex Corporation Limited (NSE:MAHAPEXLTD) Shares?
1 year ago | Simply Wall StOne Thing To Remember About The Maha Rashtra Apex Corporation Limited (NSE:MAHAPEXLTD) Share Price
Is Maha Rashtra Apex undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MAHAPEXLTD (₹88.95) is trading above our estimate of fair value (₹41.99)
Significantly Below Fair Value: MAHAPEXLTD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MAHAPEXLTD's PE Ratio (11.7x) is in line with the IN Consumer Finance industry average.
PE vs Market: MAHAPEXLTD is good value based on its PE Ratio (11.7x) compared to the Indian market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MAHAPEXLTD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MAHAPEXLTD is overvalued based on its PB Ratio (1.1x) 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 Maha Rashtra Apex's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- 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: MAHAPEXLTD has high quality earnings.
Growing Profit Margin: MAHAPEXLTD's current net profit margins are higher than last year .
Past Earnings Growth Analysis
Earnings Trend: MAHAPEXLTD's earnings have declined by 0.07% per year over the past 5 years.
Accelerating Growth: MAHAPEXLTD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MAHAPEXLTD had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Consumer Finance industry average (-5%).
Return on Equity
High ROE: MAHAPEXLTD's Return on Equity (9.2%) is considered low.
How is Maha Rashtra Apex's financial position?
Financial Position Analysis
Short Term Liabilities: MAHAPEXLTD's short term assets (₹60.6M) do not cover its short term liabilities (₹1.1B).
Long Term Liabilities: MAHAPEXLTD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MAHAPEXLTD's debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: MAHAPEXLTD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: MAHAPEXLTD's debt is well covered by operating cash flow (55.3%).
Interest Coverage: Insufficient data to determine if MAHAPEXLTD's interest payments on its debt are well covered by EBIT.
What is Maha Rashtra Apex current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MAHAPEXLTD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MAHAPEXLTD'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 MAHAPEXLTD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MAHAPEXLTD'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 MAHAPEXLTD'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, M.Com, C.A., L.L.B, has been the Managing Director and Executive Director of Maha Rashtra Apex Corporation Limited since December 22, 2017. Mr. Katgara has many years of experienc ...
CEO Compensation Analysis
Compensation vs Market: Aspi's total compensation ($USD4.64K) is below average for companies of similar size in the Indian market ($USD56.07K).
Compensation vs Earnings: Aspi's compensation has been consistent with company performance over the past year.
|MD & Executive Director||2.83yrs||₹339.99k||no data|
|Independent Chairman||no data||₹8.00k||no data|
|Independent Non-Executive Director||5.58yrs||₹8.00k||no data|
|Non-Executive Director||2.25yrs||₹8.00k||no data|
|Additional Non-Executive Director||0.17yr||no data||no data|
|Additional Non-Executive Director||0.17yr||no data||no data|
Experienced Board: MAHAPEXLTD's board of directors are not considered experienced ( 2.3 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: MAHAPEXLTD
- Exchange: NSEI
- Founded: 1943
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹1.239b
- Shares outstanding: 14.09m
- Website: https://www.maharashtraapex.com
- Maha Rashtra Apex Corporation Limited
- Syndicate House
- Upendra Nagar
|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 engaged in the hire purchase and leasing business. The company was formerly known as Maharashtra Apex Bank Ltd ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 12:32|
|End of Day Share Price||2020/10/19 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.