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Maha Rashtra Apex Corporation Limited

Maha Rashtra Apex Corporation Limited

46.80
INR
-1.24
(-2.58%)
-10.23EPS
1.31BMarket Cap
Maha Rashtra Apex Corporation Limited
NSE:MAHAPEXLTD
(National Stock Exchange of India)

Recent

price

46.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
0.38
0.28
0.26
0.21
0.28
0.21
0.87
1.3
1.12
1.55
1.17
1.49
0.82
3.34
0.52
0.82
0.81
Revenue per Share
-0.67
-0.93
-0.32
-0.68
0.03
-0.03
11.09
20.58
3.84
5.25
12.92
0.51
-16.04
-15.5
7.53
-2.63
-10.23
Basic EPS, GAAP
4.3
2.37
7.11
4.04
5.59
-0.47
-0.01
0.05
-0.84
1.79
0.33
-0.88
-2.95
-3.4
-1.99
-0.68
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-25.69
-26.63
-26.69
-27.56
-27.55
3.04
14.15
34.7
38.85
44.11
57.04
57.61
43.27
170.84
178.47
175.82
- -
Book Value per Share
-27.77
-28.71
-28.77
-29.43
-29.42
3.04
14.15
34.7
38.85
44.11
57.04
57.61
43.27
170.84
178.47
175.82
- -
Tangible Book Value per Share
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
26
27
Basic Weighted Avg Shares
10
7
7
6
7
6
23
34
29
40
31
39
21
87
14
21
21
Sales/Revenue/Turnover
-107.51
-152.73
-155.65
-116.65
-36.43
-589.16
-44.15
-44.54
-77.96
-32.17
-4.32
2.76
-83.67
55.12
-109.19
0.02
-1.72
Operating Margin (%)
4
3
3
2
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
Depreciation Expense
-18
-24
-8
-18
1
-1
291
540
100
137
337
13
-419
-405
197
-69
-273
Net Income, GAAP
- -
- -
- -
- -
60.58
- -
1.41
16.68
- -
0.09
- -
30.33
- -
- -
17.41
- -
- -
Effective Tax Rate (%)
-178.05
-338.45
-125.82
-317.34
9.77
-13.79
1,280.98
1,580.57
341.65
338.94
1,099.8
34.48
-1,966.07
-464.33
1,444.6
-320.77
-1,269.28
Profit Margin (%)
-1,115
-1,109
-1,028
-1,032
-1,031
-1,123
-1,092
-1,059
-1,010
-1,010
-963
-917
-817
-707
-560
-533
- -
Working Capital
46
46
46
46
- -
2
2
- -
- -
- -
- -
- -
1
2
- -
- -
- -
LT Debt
-673
-698
-699
-722
-722
80
371
910
1,014
1,151
1,489
1,504
1,130
4,459
4,658
4,589
- -
Total Equity
- -
- -
- -
- -
- -
- -
4.31
-0.88
- -
-0.66
- -
0.61
- -
- -
1.72
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
-0.11
- -
108.16
79.07
- -
12.33
- -
0.87
- -
- -
4.28
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
129.01
84.27
10.42
12.65
25.54
0.9
-31.81
-14.48
4.31
-1.49
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
5
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
28
Market Capitalization
1,492
1,302
1,307

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
238
- -
Cash, Cash Equivalents & STI
- -
91
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
772
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
83.85%
54.78%
-1.48%
Free Cash Flow
-299.97%
-44.13%
-66.08%
Net Income, GAAP
-4,180.58%
-720.69%
-134.93%
Sales/Revenue/Turnover
62.59%
52.74%
57.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5
5
1
3
14
2026
1
1
20
1
21
2027
1
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.66
-3.05
-2.61
8.58
7.53
2026
9.14
-11.76
1.88
-1.9
-2.63
2027
1.23
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
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Business
Maha Rashtra Apex Corporation Limited engages in financial activities including leasing, hire purchase, bill discounting, and providing loans; it holds substantial investments generating other income. Incorporated in 1943 as Maharashtra Apex Bank Ltd by Upendra Ananth Pai and headquartered in Manipal, India, the company previously operated as a bank before converting to a hire purchase entity following branch transfers to Canara Industrial and Banking Syndicate Ltd in 1955 and subsequent amalgamation with General Investments Trusts Ltd per Karnataka High Court order. It operates primarily in India with a focus on non-banking financial services targeting businesses for asset acquisition and liquidity management. In recent developments, the company issued revised audited financial results for the year ended March 31, 2024, alongside un-audited results for quarters ending September 30, 2024, December 31, 2024, and September 30, 2025; it held its annual general meeting on September 24, 2025, approved financials showing profit after tax of INR 1169.14 lakh for FY2024-25 with outstanding deposits of INR 1809.03 lakh, and reduced debt to near-zero levels while delivering ROE of 71.2% and ROCE of 72.0% as of March 2025.