Maha Rashtra Apex Corporation Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 11.6x vs industry 35.4x)
- ✓Trading below book value (P/B 0.3x)
- ✓Virtually debt-free
Concerns
- ✗Negative return on equity (ROE -1.6%)
- ✗Negative return on capital (ROCE -1.5%)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹754 | ₹12.6L Cr | 16 | 1.93 | 13.6 | 7.02 | — |
| ICICIBANK ICICI Bank Limited | ₹1,440 | ₹10.4L Cr | 18.5 | 2.73 | 17.3 | 7.59 | — |
| SBIN State Bank of India | ₹1,025 | ₹9.6L Cr | 11.6 | 1.59 | 15.4 | 6.13 | — |
| BAJFINANCE Bajaj Finance Limited | ₹1,056 | ₹6.6L Cr | 34.2 | 5.77 | 18.2 | 10.9 | — |
| LICI Life Insurance Corporation Of India | ₹424 | ₹5.5L Cr | 9.54 | 3.03 | 37.8 | 35.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,234 | ₹4.1L Cr | 14.9 | 1.73 | 13.1 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹382 | ₹3.9L Cr | 19.4 | 2.1 | 11.4 | 6.98 | — |
Showing 7 peers in the same sector · Sorted by market cap
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026
Rights 1:1 @ Premium Rs 0/-
Annual General Meeting
Annual General Meeting
Latest News
All news →Maha Rashtra Apex Corp announces board meeting outcomes.
*Maha Rashtra Apex Corp announces board meeting outcomes.* The company disclosed outcomes from its recent board meeting held on June 8, 2026. Key decisions included **approval of inter-corporate investments** and **proposal for dividend declaration**. No major strategic shifts or financial surprises were reported. 📊 *STOCKS:* MRAPEX | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #board-meeting
Maha Rashtra Apex promoter group to reclassify as public shareholders
*Maha Rashtra Apex promoter group to reclassify as public shareholders.* The company has filed an application to reclassify its promoter/promoter group under SEBI LODR Regulation 31A. This move indicates a potential shift in shareholding structure. Such reclassification may impact market perception and trading dynamics. 📊 *STOCKS:* MRL | 🏢 *SECTOR:* CapitalMarkets | #MEDIUMIMPACT #PromoterReclassification
Maha Rashtra Apex updates board meeting outcome
*Maha Rashtra Apex Corporation Limited has issued a corrigendum to the outcome of its board meeting dated June 8, 2026.* The update clarifies or corrects prior disclosures without revealing new financials or strategic decisions. Such filings are routine and typically do not alter business fundamentals. Traders should monitor for any follow-up announcements. 📊 *STOCKS:* | 🏢 *SECTOR:* Corporate | #LOWIMPACT #corrigendum
Maha Rashtra Apex reclassifies promoter to public category
*Maha Rashtra Apex reclassifies promoter to public category* Maha Rashtra Apex Corporation has informed under SEBI (LODR) regulations about reclassifying its promoter category to public. The reclassification is in compliance with regulatory requirements. No financial impact is expected from this change. 📊 *STOCKS:* MRAPEX | 🏢 *SECTOR:* Regulation | #LOWIMPACT #Regulation
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.97 Cr ▲3183.3% | ₹0.06 Cr ▲20.0% | ₹0.05 Cr ▼83.3% | ₹0.3 Cr ▲500.0% | ₹0.05 Cr ▼89.6% | ₹0.48 Cr ▼9.4% | ₹0.53 Cr ▼92.3% | ₹6.88 Cr |
| Op. Profit | ₹1.41 Cr ▲104.5% | ₹-31 Cr ▼7281.0% | ₹-0.42 Cr ▼180.0% | ₹-0.15 Cr ▲98.8% | ₹-12.96 Cr ▼47.3% | ₹-8.8 Cr ▼1695.9% | ₹-0.49 Cr ▼108.7% | ₹5.63 Cr |
| OPM | 71.6% ▲100.1% | -51666.7% ▼6050.8% | -840.0% ▼1580.0% | -50.0% ▲99.8% | -25920.0% ▼1313.8% | -1833.3% ▼1883.1% | -92.5% ▼213.0% | 81.8% |
| Net Profit | ₹4.91 Cr ▲116.0% | ₹-30.69 Cr ▼228.6% | ₹23.86 Cr ▲6.5% | ₹22.4 Cr ▲429.4% | ₹-6.8 Cr ▲14.7% | ₹-7.97 Cr ▼2946.4% | ₹0.28 Cr ▼99.9% | ₹418.39 Cr |
| EPS (₹) | 1.74 ▲116.0% | -10.88 ▼228.6% | 8.46 ▲6.5% | 7.94 ▲429.5% | -2.41 ▲14.8% | -2.83 ▼2930.0% | 0.1 ▼99.9% | 148.37 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.14 Cr ▼71.5% | ₹7.5 Cr ▼20.7% | ₹9.46 Cr ▲9.5% | ₹8.64 Cr ▲8.7% | ₹7.95 Cr ▼5.1% | ₹8.38 Cr ▲54.9% | ₹5.41 Cr ▼43.0% | ₹9.49 Cr ▼5.5% | ₹10.04 Cr ▲14.7% | ₹8.75 Cr |
| Expenses | ₹11.49 Cr ▲308.9% | ₹2.81 Cr ▼94.5% | ₹50.9 Cr ▼1.9% | ₹51.88 Cr ▲506.8% | ₹8.55 Cr ▲171.4% | ₹3.15 Cr ▼51.6% | ₹6.51 Cr ▲25.4% | ₹5.19 Cr ▲6.1% | ₹4.89 Cr ▲18.7% | ₹4.12 Cr |
| Op. Profit | ₹-9.35 Cr ▼299.4% | ₹4.69 Cr ▲111.3% | ₹-41.44 Cr ▲4.2% | ₹-43.24 Cr ▼7106.7% | ₹-0.6 Cr ▼111.5% | ₹5.23 Cr ▲575.5% | ₹-1.1 Cr ▼125.6% | ₹4.3 Cr ▼16.5% | ₹5.15 Cr ▲11.2% | ₹4.63 Cr |
| OPM | -436.9% ▼798.7% | 62.5% ▲114.3% | -438.1% ▲12.5% | -500.5% ▼6528.6% | -7.5% ▼112.1% | 62.4% ▲407.0% | -20.3% ▼144.9% | 45.3% ▼11.7% | 51.3% ▼3.1% | 52.9% |
| Other Income | ₹3.25 Cr ▼99.0% | ₹335.21 Cr ▲12994.1% | ₹2.56 Cr ▲68.4% | ₹1.52 Cr ▼41.1% | ₹2.58 Cr ▼90.4% | ₹26.97 Cr ▲77.1% | ₹15.23 Cr ▲123.6% | ₹6.81 Cr ▲616.8% | ₹0.95 Cr ▼67.5% | ₹2.92 Cr |
| Interest | ₹0 Cr | ₹0 Cr ▼100.0% | ₹0.02 Cr | ₹0 Cr ▼100.0% | ₹0.02 Cr ▼33.3% | ₹0.03 Cr ▼92.3% | ₹0.39 Cr ▼63.9% | ₹1.08 Cr ▼24.5% | ₹1.43 Cr ▼10.1% | ₹1.59 Cr |
| Depreciation | ₹0.05 Cr ▲25.0% | ₹0.04 Cr ▲0.0% | ₹0.04 Cr ▲0.0% | ₹0.04 Cr ▲0.0% | ₹0.04 Cr ▲33.3% | ₹0.03 Cr ▲0.0% | ₹0.03 Cr ▼40.0% | ₹0.05 Cr ▲66.7% | ₹0.03 Cr ▲0.0% | ₹0.03 Cr |
| PBT | ₹-6.15 Cr ▼101.8% | ₹339.86 Cr ▲972.8% | ₹-38.94 Cr ▲6.8% | ₹-41.76 Cr ▼2275.0% | ₹1.92 Cr ▼94.0% | ₹32.14 Cr ▲134.4% | ₹13.71 Cr ▲37.4% | ₹9.98 Cr ▲115.1% | ₹4.64 Cr ▼21.8% | ₹5.93 Cr |
| Tax % | 11.7% ▲859.8% | 1.2% ▼68.7% | 3.9% ▲1400.0% | 0.3% ▼99.1% | 30.2% ▲714.0% | -4.9% ▼7128.6% | 0.1% ▲123.3% | -0.3% ▼101.8% | 16.6% ▲1128.9% | 1.4% |
| Net Profit | ₹-6.87 Cr ▼102.0% | ₹335.72 Cr ▲929.8% | ₹-40.46 Cr ▲3.4% | ₹-41.88 Cr ▼3225.4% | ₹1.34 Cr ▼96.0% | ₹33.72 Cr ▲146.1% | ₹13.7 Cr ▲36.7% | ₹10.02 Cr ▼81.4% | ₹53.95 Cr ▲85.7% | ₹29.06 Cr |
| EPS (₹) | -2.44 ▼102.0% | 119.05 ▲929.6% | -14.35 ▲3.4% | -14.85 ▼3193.8% | 0.48 ▼96.0% | 11.96 ▲146.1% | 4.86 ▲36.9% | 3.55 ▼81.4% | 19.13 ▲86.3% | 10.27 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹14 Cr ▼0.8% | ₹14.12 Cr ▲0.0% | ₹14.12 Cr ▲0.0% | ₹14.12 Cr ▲0.0% | ₹14.12 Cr ▲0.0% | ₹14.12 Cr ▲0.0% | ₹14.12 Cr ▲0.0% | ₹14.12 Cr ▲0.0% | ₹14.12 Cr ▲0.1% | ₹14.11 Cr |
| Reserves | ₹445 Cr ▼1.5% | ₹451.72 Cr ▲4.6% | ₹431.82 Cr ▲336.9% | ₹98.83 Cr ▼27.5% | ₹136.27 Cr ▲1.1% | ₹134.77 Cr ▲33.4% | ₹101.01 Cr ▲15.7% | ₹87.29 Cr ▲13.6% | ₹76.83 Cr ▲234.3% | ₹22.98 Cr |
| Borrowings | ₹0 Cr ▼100.0% | ₹0.32 Cr ▼36.0% | ₹0.5 Cr ▲28.2% | ₹0.39 Cr ▲21.9% | ₹0.32 Cr ▲0.0% | ₹0.32 Cr ▼94.6% | ₹5.93 Cr ▲0.0% | ₹5.93 Cr ▲5.5% | ₹5.62 Cr ▼5.4% | ₹5.94 Cr |
| Other Liabilities | ₹77 Cr ▲0.1% | ₹76.96 Cr ▼11.9% | ₹87.36 Cr ▼8.7% | ₹95.68 Cr ▼12.9% | ₹109.88 Cr ▼1.4% | ₹111.39 Cr ▲4.0% | ₹107.12 Cr ▲3.8% | ₹103.19 Cr ▼1.3% | ₹104.57 Cr ▼4.1% | ₹109.01 Cr |
| Total Liabilities | ₹536 Cr ▼1.3% | ₹543.12 Cr ▲1.7% | ₹533.8 Cr ▲155.4% | ₹209.02 Cr ▼19.8% | ₹260.59 Cr ▼0.0% | ₹260.6 Cr ▲14.2% | ₹228.18 Cr ▲8.4% | ₹210.53 Cr ▲4.7% | ₹201.14 Cr ▲32.3% | ₹152.04 Cr |
| Assets | ||||||||||
| Fixed Assets | ₹4 Cr ▲10.2% | ₹3.63 Cr ▲31.0% | ₹2.77 Cr ▼2.8% | ₹2.85 Cr ▼1.0% | ₹2.88 Cr ▼1.4% | ₹2.92 Cr ▼1.0% | ₹2.95 Cr ▲1.7% | ₹2.9 Cr ▼3.7% | ₹3.01 Cr ▼0.7% | ₹3.03 Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹505 Cr ▼1.5% | ₹512.61 Cr ▲1.6% | ₹504.34 Cr ▲168.4% | ₹187.92 Cr ▼20.2% | ₹235.59 Cr ▼1.1% | ₹238.2 Cr ▲13.8% | ₹209.31 Cr ▲6.7% | ₹196.09 Cr ▲3.0% | ₹190.46 Cr ▲36.8% | ₹139.19 Cr |
| Other Assets | ₹28 Cr ▲4.2% | ₹26.88 Cr ▲0.7% | ₹26.69 Cr ▲46.2% | ₹18.25 Cr ▼17.5% | ₹22.12 Cr ▲13.6% | ₹19.48 Cr ▲22.4% | ₹15.92 Cr ▲38.0% | ₹11.54 Cr ▲50.5% | ₹7.67 Cr ▼21.9% | ₹9.82 Cr |
| Total Assets | ₹536 Cr ▼1.3% | ₹543.12 Cr ▲1.7% | ₹533.8 Cr ▲155.4% | ₹209.02 Cr ▼19.8% | ₹260.59 Cr ▼0.0% | ₹260.6 Cr ▲14.2% | ₹228.18 Cr ▲8.4% | ₹210.53 Cr ▲4.7% | ₹201.14 Cr ▲32.3% | ₹152.04 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹-4.3 Cr ▲51.5% | ₹-8.86 Cr ▼15.2% | ₹-7.69 Cr ▼238.8% | ₹-2.27 Cr ▼360.9% | ₹0.87 Cr ▼81.4% | ₹4.67 Cr ▲312.3% | ₹-2.2 Cr ▼1792.3% | ₹0.13 Cr ▲425.0% | ₹-0.04 Cr ▲96.0% | ₹-1 Cr |
| Investing CF | ₹1.23 Cr ▼80.4% | ₹6.29 Cr ▲19.8% | ₹5.25 Cr ▲837.5% | ₹0.56 Cr ▲5700.0% | ₹-0.01 Cr ▲90.0% | ₹-0.1 Cr ▼101.6% | ₹6.25 Cr ▲3076.2% | ₹-0.21 Cr ▲25.0% | ₹-0.28 Cr ▼128.0% | ₹1 Cr |
| Financing CF | ₹5.51 Cr ▲5410.0% | ₹0.1 Cr ▼86.5% | ₹0.74 Cr ▼38.8% | ₹1.21 Cr ▲112.3% | ₹0.57 Cr ▲110.1% | ₹-5.62 Cr ▼485.4% | ₹-0.96 Cr ▲29.4% | ₹-1.36 Cr ▼946.2% | ₹-0.13 Cr ▲98.8% | ₹-11 Cr |
| Net Cash Flow | ₹2.44 Cr ▲198.8% | ₹-2.47 Cr ▼45.3% | ₹-1.7 Cr ▼240.0% | ₹-0.5 Cr ▼135.0% | ₹1.43 Cr ▲237.5% | ₹-1.04 Cr ▼133.5% | ₹3.1 Cr ▲313.8% | ₹-1.45 Cr ▼222.2% | ₹-0.45 Cr ▲96.3% | ₹-12 Cr |
| Free Cash Flow | ₹-5.2 Cr ▲41.0% | ₹-8.82 Cr ▼14.5% | ₹-7.7 Cr ▼236.2% | ₹-2.29 Cr ▼366.3% | ₹0.86 Cr ▼81.2% | ₹4.57 Cr ▲307.7% | ₹-2.2 Cr ▼2300.0% | ₹0.1 Cr ▼85.5% | ₹0.69 Cr ▲169.0% | ₹-1 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0d ▼100.0% | 8d ▲47.5% | 5d ▼40.2% | 9d ▲17.1% | 8d ▼57.0% | 18d ▼31.3% | 27d ▲62.2% | 16d ▲6.0% | 15d ▼99.0% | 1513d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 0d ▼100.0% | 8d ▲47.5% | 5d ▼40.2% | 9d ▲17.1% | 8d ▼57.0% | 18d ▼31.3% | 27d ▲62.2% | 16d ▲6.0% | 15d ▼99.0% | 1513d |
| Working Capital Days | -2865d ▼4.3% | -2747d ▲25.2% | -3675d ▲19.6% | -4571d ▼1.2% | -4515d ▲37.1% | -7176d ▼73.2% | -4142d ▼4.8% | -3952d ▲16.4% | -4730d ▲82.6% | -27216d |
| ROCE | 72.0% ▲586.6% | -14.8% ▲54.8% | -32.7% ▼9245.7% | -0.3% ▼101.5% | 22.8% ▲93.3% | 11.8% ▲165.3% | 4.4% ▼41.2% | 7.5% | — | — |
Source: Screener.in · Lower days = better efficiency