Maha Rashtra Apx

Why is Maha Rashtra Apex Corporation Ltd falling/rising?

As of 01-Sep, Maha Rashtra Apex Corporation Ltd's stock price is rising to 57.72, up 0.38%, driven by increased investor interest and outperforming its sector. However, the company faces significant financial challenges, including substantial losses and a concerning valuation compared to peers.

As of 01-Sep, Maha Rashtra Apex Corporation Ltd is experiencing a slight rise in its stock price, currently at 57.72, with a change of 0.22 (0.38%) upwards. This increase can be attributed to several factors. The stock has outperformed its sector by 1.18% today, indicating a positive performance relative to its peers. Additionally, there has been a rise in investor participation, with delivery volume increasing by 6.89% against the 5-day average, suggesting growing interest among investors.<BR><BR>In the context of broader market performance, the stock has shown resilience, with a 1-month return of +32.08%, while the benchmark Sensex has declined by -1.47% during the same period. This indicates that the stock is gaining traction despite a generally unfavorable market environment.<BR><BR>However, it is important to note that the company faces significant challenges, including operating losses and a weak long-term fundamental strength. The company's profits have fallen dramatically, with a PAT growth of -90.21% over the last nine months, and a return on equity (ROE) of -1.6. Furthermore, the stock is trading at a premium compared to its peers, which raises concerns about its valuation.<BR><BR>Overall, while the stock is currently rising, it is doing so amidst a backdrop of underlying financial difficulties that could impact its long-term performance.

Which are the latest news on Maha Rashtra Apx?

Who are in the management team of Maha Rashtra Apx?

The management team of Maha Rashtra Apx includes K B Shetty (Chairman), J M Pandey (Company Secretary), ASPI NARIMAN KATGARA (Managing Director), and several directors including Jyothi V B, Manjunath Manohar Singh, Yazdin Jimmy Mistry, and Vidya Mananjay More.

The management team of Maha Rashtra Apx includes the following individuals:<BR><BR>1. K B Shetty - Chairman & Independent Director<BR>2. J M Pandey - Company Secretary & Compliance Officer<BR>3. Jyothi V B - Independent Director<BR>4. ASPI NARIMAN KATGARA - Managing Director<BR>5. Manjunath Manohar Singh - Director<BR>6. Yazdin Jimmy Mistry - Director<BR>7. Vidya Mananjay More - Independent Director<BR><BR>If you have any more questions about the company or its management, feel free to ask!

What does Maha Rashtra Apx do?

Maha Rashtra Apex Corporation Ltd is a non-banking financial company (NBFC) focused on the micro-cap market, originally established as a bank in 1943 and later converted to a hire-purchase company. As of June 2026, it reported net sales of 0 Cr and a net profit of 3 Cr, with a market cap of INR 147 Cr.

Overview: <BR>Maha Rashtra Apex Corporation Ltd operates as a non-banking financial company (NBFC) within the micro-cap market segment.<BR><BR>History: <BR>The company was incorporated in April 1943 as Maharashtra Apex Bank Limited and later changed its name to Maha Rashtra Apex Corporation Limited in 1955 after transferring its banking branches. It was converted into a hire-purchase company and the latest quarterly results report net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 3 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 147 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: -1.64% <BR>Price-to-Book: 0.33<BR><BR>Contact Details: <BR>Address: 3rd Floor Front Wing North Blo, Manipal Centre 47 Dickenson Rd Bangalore Karnataka : 560042 <BR>Tel: 91-820-2571021 <BR>Email: mrachl.ho@manipal.com <BR>Website: http://www.maharashtraapex.com

Who are the peers of the Maha Rashtra Apx?

Maha Rashtra Apx's peers include GACM Tech, Emerald Finance, Kreon Finnancial, Supra Pacific, Baid Finserv, Delphi World, Available Fin., and Paul Merchants. GACM Tech leads in management quality and growth, while Maha Rashtra Apx has a 1-year return of 3.87%, outperforming Emerald Finance but trailing GACM Tech's 101.79%.

Peers: The peers of Maha Rashtra Apx are GACM Tech, Emerald Finance, Kreon Finnancial, Supra Pacific, Baid Finserv, Delphi World, Available Fin., and Paul Merchants.<BR><BR>Quality Snapshot: Excellent management risk is observed at GACM Tech, Emerald Finance, Kreon Finnancial, Supra Pacific, and Delphi World, while Below Average management risk is found at Baid Finserv, Paul Merchants, and the rest. Growth is rated as Excellent for GACM Tech, Emerald Finance, Kreon Finnancial, Supra Pacific, and Delphi World, while Below Average growth is noted for Baid Finserv and Paul Merchants, and the rest. Excellent capital structure is present in GACM Tech, Emerald Finance, Kreon Finnancial, Supra Pacific, Baid Finserv, Delphi World, and Paul Merchants, while Available Fin. does not qualify.<BR><BR>Return Snapshot: GACM Tech has the highest 1-year return at 101.79%, while Emerald Finance has the lowest at -28.23%. Maha Rashtra Apx's 1-year return is 3.87%, which is higher than Emerald Finance but significantly lower than GACM Tech. Additionally, the six-month returns for Emerald Finance, Delphi World, and Paul Merchants are negative.

How big is Maha Rashtra Apx?

As of 31st August, Maha Rashtra Apex Corporation Ltd has a market capitalization of 147.00 Cr, with Net Sales of 2.15 Cr and a Net Profit loss of 27.26 Cr in the latest four quarters. Shareholder's Funds are 458.92 Cr and Total Assets are 536.12 Cr as of March 2026.

As of 31st August, the company name is Maha Rashtra Apex Corporation Ltd, with a market capitalization of 147.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest 4 quarters, the company reported Net Sales of 2.15 Cr and a Net Profit loss of 27.26 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with Shareholder's Funds amounting to 458.92 Cr and Total Assets totaling 536.12 Cr.

Should I buy, sell or hold Maha Rashtra Apex Corporation Ltd?

Are Maha Rashtra Apex Corporation Ltd latest results good or bad?

Maha Rashtra Apex Corporation Ltd's latest results are concerning, showing a consolidated net loss of ₹4.96 crores in Q4 FY26, a 201.02% decline from the previous quarter, with net sales dropping 96.95% quarter-on-quarter. This indicates severe operational distress and a challenging outlook for the company.

The latest results for Maha Rashtra Apex Corporation Ltd are quite concerning. In the fourth quarter of FY26, the company reported a consolidated net loss of ₹4.96 crores, which is a significant decline of 201.02% compared to the previous quarter. Additionally, net sales plummeted to just ₹0.06 crores, marking a staggering 96.95% drop quarter-on-quarter and an 80% decrease year-on-year.<BR><BR>The operating margin, excluding other income, was reported at a negative 816.67%, indicating severe operational distress. This suggests that the company's core business activities are not generating sufficient revenue to cover even basic expenses, leading to a critical cash burn situation.<BR><BR>Overall, the financial performance reflects a company in distress, struggling with a collapsing revenue base and persistent losses. The lack of institutional interest and the severe illiquidity of the stock further complicate the outlook. Therefore, the results can be characterized as bad, highlighting significant challenges ahead for the company.

How has been the historical performance of Maha Rashtra Apx?

Maha Rashtra Apx experienced significant financial fluctuations, with net sales and total operating income declining sharply from March 2024 to March 2025, while profit before tax increased. Despite a drop in consolidated net profit and negative cash flow from operations, total assets and liabilities rose slightly.

Answer:<BR>The historical performance of Maha Rashtra Apx shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Maha Rashtra Apx experienced a decline in net sales from 8.71 crore in March 2024 to just 1.36 crore in March 2025. Total operating income followed a similar trend, decreasing from 8.71 crore in March 2024 to 1.36 crore in March 2025. The company reported an operating profit (PBDIT) of 5.10 crore in March 2025, down from 6.93 crore in March 2024, while the operating profit margin turned negative at -106.62% in March 2025. Profit before tax increased to 16.14 crore in March 2025 from 9.28 crore in March 2024, leading to a profit after tax of 11.99 crore in March 2025, compared to 7.76 crore in March 2024. The consolidated net profit also saw a significant drop from 331.50 crore in March 2024 to 19.66 crore in March 2025. On the balance sheet, total assets rose slightly from 533.80 crore in March 2024 to 543.12 crore in March 2025, while total liabilities increased from 533.80 crore to 543.12 crore in the same period. Cash flow from operating activities remained negative at -4.00 crore in March 2025, although the company recorded a net cash inflow of 2.00 crore. Overall, the financial performance of Maha Rashtra Apx reflects a challenging year with notable declines in sales and profitability, despite some improvements in cash flow and asset management.

Is Maha Rashtra Apx overvalued or undervalued?

As of August 14, 2025, Maha Rashtra Apx is considered overvalued with a valuation grade of "very expensive," a PE ratio of 7.21, and a year-to-date return of -24.78%, significantly underperforming compared to its peers in the industry.

As of 14 August 2025, the valuation grade for Maha Rashtra Apx has moved from very attractive to very expensive. This indicates a significant shift in the company's perceived value, suggesting it is currently overvalued. The company exhibits a PE ratio of 7.21, a price-to-book value of 0.34, and an EV to EBITDA ratio of -111.89, all of which highlight its financial struggles.<BR><BR>In comparison to its peers, Maha Rashtra Apx's valuation metrics are notably lower than those of Life Insurance, which has a PE ratio of 11.53 and an EV to EBITDA of 8.97, indicating that Maha Rashtra Apx is not only overvalued but also underperforming relative to its industry. Other peers like Bajaj Finance and Bajaj Finserv are also significantly more expensive, with PE ratios of 30.73 and 32.28, respectively. The recent stock performance shows a stark contrast to the Sensex, with a year-to-date return of -24.78% compared to the Sensex's 3.15%, further reinforcing the notion that Maha Rashtra Apx is overvalued.

When is the next results date for Maha Rashtra Apx?

Maha Rashtra Apx will declare its results on 13 August 2025.

Maha Rashtra Apx will declare its results on 13 August 2025.

Who are the top shareholders of the Maha Rashtra Apx?

The top shareholder of Maha Rashtra Apx is Manipal Holdings Private Limited with a 17.66% stake, while individual investors collectively own 33.35%. Gokuldas Hegde is the highest public shareholder at 1.37%.

The top shareholders of Maha Rashtra Apx include Promoters, with Manipal Holdings Private Limited holding the largest stake at 17.66%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Gokuldas Hegde, who owns 1.37%. Additionally, individual investors collectively hold 33.35% of the shares.

What is the technical trend for Maha Rashtra Apx?

As of June 6, 2025, Maha Rashtra Apx is in a bearish trend with mixed signals from indicators, including a bearish stance in Bollinger Bands and moving averages, despite some mildly bullish readings in MACD and KST.

As of 6 June 2025, the technical trend for Maha Rashtra Apx has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating a conflicting signal. The Bollinger Bands are bearish on both weekly and monthly time frames, reinforcing the bearish outlook. Daily moving averages are also bearish, contributing to the overall negative sentiment. The KST shows a mildly bullish weekly trend but is mildly bearish on a monthly basis, adding to the mixed signals. The Dow Theory indicates a mildly bearish weekly trend while being mildly bullish monthly, which suggests some potential for recovery but is overshadowed by the prevailing bearish indicators. Overall, the bearish trend is supported by the current price action and the broader context of underperformance compared to the Sensex over various periods.

Has Maha Rashtra Apx declared dividend?

No Dividend History Available