Maha Rashtra Apex Corporation Share Price

47.51-0.02 (-0.03%)

Closed
As On: 18 Jun, 2026, 03:22 PM IST
As On: 18 Jun, 2026, 03:40 PM IST

Sector: Financial Servi...
Industry: Financial Services...

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Open	47.52
High	48.90
Low	47.01
Prev Close	47.52
Volume	7,918
VWAP(₹)	47.78

Share Price	Value
Today/Current/Last	47.5148.50
Previous Day	47.5248.20

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Financials

Income (P&L)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025
Total Income	0.39	2.43	0.33	1.59	0.53
Total Income Growth (%)	-83.98	645.15	-79.45	197.49	-91.18
Total Expenses	0.46	0.37	0.47	0.20	-9.42
Total Expenses Growth (%)	26.09	-21.84	139.94	-102.08	0.00
EBIT	-0.07	2.07	-0.14	1.39	9.95
EBIT Growth (%)	-103.53	-	-110.26	-85.99	67.30
Profit after Tax (PAT)	-4.96	4.91	-30.69	23.86	22.40
PAT Growth (%)	-200.89	-	-228.59	6.52	-
EBIT Margin (%)	-18.72	84.92	-43.80	87.69	1,862.13
Net Profit Margin (%)	-1,271.05	201.83	0.00	1,500.79	0.00
Basic EPS (₹)	-3.52	3.48	-0.81	16.93	15.90

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025
Total Income	0.30	2.33	0.25	1.49	0.46
Total Income Growth (%)	-87.28	824.36	-83.15	226.53	-92.21
Total Expenses	0.34	0.20	0.40	0.12	-9.49
Total Expenses Growth (%)	68.54	-48.97	231.17	-101.26	-0.01
EBIT	-0.05	2.12	-0.15	1.37	9.95
EBIT Growth (%)	-102.17	-	-110.62	-86.20	70.19
Profit after Tax (PAT)	-0.56	1.80	-0.15	1.37	5.97
PAT Growth (%)	-130.93	-	-110.62	-77.01	4.64
EBIT Margin (%)	-15.55	91.28	-57.95	91.96	2,176.47
Net Profit Margin (%)	-188.54	77.52	-57.95	91.96	1,306.17
Basic EPS (₹)	-0.40	1.28	-0.10	0.97	4.24

	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenue	4.74	7.91	10.83	8.97	8.27
Total Revenue Growth (%)	-40.07	-26.97	20.72	8.50	-3.83
Total Expenses	2.14	2.85	3.95	4.91	3.80
Total Expenses Growth (%)	-24.82	-27.88	-19.54	29.01	18.46
Profit after Tax (PAT)	-6.87	335.72	346.41	-41.88	1.34
PAT Growth (%)	-102.05	-3.09	-	-3,220.51	-96.02
Operating Profit Margin (%)	121.47	372.06	79.17	191.00	115.16
Net Profit Margin (%)	-320.76	0.00	3,975.34	-1,966.06	34.47
Basic EPS (₹)	-4.87	13.95	245.82	-29.72	0.95

	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenue	4.37	6.61	8.62	6.83	5.89
Total Revenue Growth (%)	-33.98	-23.29	26.30	15.96	-8.95
Total Expenses	1.69	1.81	1.80	2.66	1.49
Total Expenses Growth (%)	-6.84	0.77	-32.23	78.57	20.07
Profit after Tax (PAT)	2.47	11.69	7.69	5.26	5.23
PAT Growth (%)	-78.85	51.96	46.24	0.66	-34.20
Operating Profit Margin (%)	124.99	1,089.46	102.02	2,610.83	269.40
Net Profit Margin (%)	115.47	2,654.12	115.08	3,294.11	318.91
Basic EPS (₹)	1.93	8.30	5.46	3.73	3.71

All figures in Rs Cr, unless mentioned otherwise

Insights

Employee & Interest Expense
Company has spent less than 1% of its operating revenues towards interest expenses and 39.12% towards employee cost in the year ending Mar 31, 2026. (Source: Consolidated Financials)

View Details

Balance Sheet

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Assets	536.12	543.12	548.71	209.03	259.91
Total Assets Growth (%)	-1.29	-1.02	162.51	-19.58	-0.26
Total Liabilities	77.19	-	87.85	96.07	-
Total Liabilities Growth (%)	-	-100.00	-8.55	-	-
Total Equity	458.93	465.85	460.85	112.96	150.40
Total Equity Growth (%)	-1.48	1.08	307.98	-24.89	1.01
Current Ratio (x)	0.31	0.28	0.19	0.15	0.16
Total Debt to Equity (x)	0.00	0.00	0.00	0.00	0.00
Contingent Liabilities	0.00	0.35	0.36	0.35	0.35

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Assets	519.56	528.22	536.86	199.06	249.78
Total Assets Growth (%)	-1.64	-1.61	169.70	-20.31	-0.57
Total Liabilities	78.08	78.14	88.21	96.56	110.03
Total Liabilities Growth (%)	-0.08	-11.42	-8.65	-12.24	-1.90
Total Equity	441.49	450.08	448.65	102.50	139.76
Total Equity Growth (%)	-1.91	0.32	337.71	-26.66	0.52
Current Ratio (x)	0.63	0.23	0.18	0.12	0.13
Total Debt to Equity (x)	0.00	0.00	0.00	0.00	0.00
Contingent Liabilities	0.00	0.35	-	0.35	0.35

All figures in Rs Cr, unless mentioned otherwise

View Details

Cash Flows

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Net Cash flow from Operating Activities	-1.58	-4.30	-8.86	-7.69	-2.27
Net Cash used in Investing Activities	1.49	1.23	6.29	5.25	0.56
Net Cash flow from Financing Activities	0.00	5.51	0.10	0.74	1.21
Net Cash Flow	-0.09	2.44	-2.47	-1.70	-0.50
Closing Cash & Cash Equivalent	3.13	3.22	0.78	3.25	4.95
Closing Cash & Cash Equivalent Growth (%)	-2.81	313.72	-76.07	-34.36	-9.16
Total Debt/ CFO (x)	0.00	0.00	-0.02	-0.01	0.00

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Net Cash flow from Operating Activities	-12.63	0.12	-8.02	-7.82	-2.39
Net Cash used in Investing Activities	12.55	-0.08	7.88	5.91	1.67
Net Cash flow from Financing Activities	0.00	-	-	-	-
Net Cash Flow	-0.08	0.03	-0.14	-1.91	-0.72
Closing Cash & Cash Equivalent	0.15	0.22	0.19	0.33	2.24
Closing Cash & Cash Equivalent Growth (%)	-34.19	17.01	-43.16	-85.16	-24.44
Total Debt/ CFO (x)	0.00	0.00	0.00	0.00	0.00

All figures in Rs Cr, unless mentioned otherwise

View Details

Ratios

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Return on Equity (%)	-1.49	72.06	75.16	-37.07	0.89
Return on Capital Employed (%)	0.56	1.08	1.49	3.59	2.98
Return on Assets (%)	-1.28	61.81	63.13	-20.03	0.51
Interest Coverage Ratio (x)	8,829.67	0.00	475.29	1,521.81	273.88
Asset Turnover Ratio (x)	0.00	0.00	0.02	0.00	0.01
Price to Earnings (x)	-10.25	0.44	0.54	-3.00	99.01
Price to Book (x)	0.15	0.32	0.40	1.11	0.88
EV/EBITDA (x)	25.41	28.16	26.77	29.83	28.10
EBITDA Margin (%)	123.72	374.74	79.63	192.90	116.10

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Return on Equity (%)	0.55	2.59	1.71	5.13	3.73
Return on Capital Employed (%)	0.54	1.06	1.52	4.06	3.15
Return on Assets (%)	0.47	2.21	1.43	2.64	2.09
Interest Coverage Ratio (x)	0.00	0.00	0.00	8,418.60	268.13
Asset Turnover Ratio (x)	0.00	0.00	0.02	0.00	0.01
Price to Earnings (x)	28.49	12.56	24.27	23.92	25.25
Price to Book (x)	0.16	0.33	0.42	1.23	0.94
EV/EBITDA (x)	25.78	30.32	27.14	29.79	29.14
EBITDA Margin (%)	127.25	1,097.75	102.62	2,635.75	271.59

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Peer Comparison

Ratio Performance

NAME	P/E (x)	P/B (x)	ROE %	ROCE %	ROA %	Rev CAGR [3Yr]	OPM	NPM	Basic EPS	Current Ratio	Total Debt/ Equity (x)	Total Debt/ CFO (x)
Maha Rashtra	-19.50	0.29	-1.49	0.56	-1.28	-18.99	121.47	118.13	-4.87	0.31	0.00	0.00
Available Fin	1.50	0.12	8.21	0.02	8.21	-0.49	51.44	36.89	105.22	24,123.30	0.00	0.00
Indbank Merchant Banking	21.34	1.54	7.21	9.74	5.78	5.56	39.18	28.37	1.61	4.74	0.00	0.00
Keynote Financial	21.31	0.98	4.60	6.62	4.18	22.44	37.43	25.02	11.96	15.82	0.03	-0.20
Thacker Co	7.31	0.80	10.93	2.22	10.82	-3.18	167.54	129.14	175.78	14.92	0.00	0.00
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Annual Ratios (%)

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Stock Performance

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TABLE

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NAME	1D	1W	1M	3M	1Y	3Y	5Y
Maha Rashtra Stock Performance	-0.03	-4.10	-4.39	-50.08	-60.36	-54.64	-50.28
Available Fin Stock Performance	-1.11	5.12	2.59	0.00	0.00	0.00	0.00
Indbank Merchant Banking Stock Performance	-0.82	1.15	-1.83	-6.16	-0.72	32.79	116.84
Keynote Financial Stock Performance	0.10	-5.26	-13.05	-12.28	-27.75	165.57	287.46
Thacker Co Stock Performance	0.42	14.18	24.45	0.00	0.00	0.00	0.00
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Category	No. of Shares	Percentage
Promoters	88,13,105	62.54 %
Pledge	0	0.00 %
Others	52,78,791	37.46 %

Category	Mar 2026	Dec 2025	Sep 2025	Jun 2025
Promoters	62.54	62.54	62.54	62.54
Pledge	0.00	0.00	0.00	0.00
FII	0.00	0.00	0.00	0.00
DII	0.00	0.00	0.00	0.00
Mutual Funds	0.00	0.00	0.00	0.00
Others	37.46	37.46	37.46	37.46

Mutual Funds Ownership

No Data Available

Corporate Actions

Recent
Board Meeting
Audited Results
May 18, 2026
Board Meeting
To consider Fund Raising
Mar 09, 2026
Board Meeting
Quarterly Results
Feb 02, 2026

Board Meetings

Announced on	Meeting on
May 18, 2026	May 26, 2026
Audited Results
Mar 09, 2026	Mar 11, 2026
To consider Fund Raising
Feb 02, 2026	Feb 12, 2026
Quarterly Results
Nov 04, 2025	Nov 13, 2025
Quarterly Results
Aug 04, 2025	Aug 13, 2025
Quarterly Results

Dividends
Announced on Ex-Date Dividend%
Nov 30, 1998 - 5%
Jun 30, 1997 - 25%
Bonus
Announced on Ex-Date
Jan 03, 1994 Jan 07, 1994
Bonus Ratio: 1 share(s) for every 5 shares held
Splits
Announced on Ex-Date
Aug 23, 2006 -
Split: Old FV10.0| New FV:1.0

Announced on	Ex-Date	Dividend%
Nov 30, 1998	-	5%
Jun 30, 1997	-	25%

Announced on	Ex-Date
Jan 03, 1994	Jan 07, 1994
Bonus Ratio: 1 share(s) for every 5 shares held

Announced on	Ex-Date
Aug 23, 2006	-
Split: Old FV10.0\| New FV:1.0

Rights

Announced on	Ex-Date
Dec 18, 2025	Mar 20, 2026
Rights ratio: 1 share for every 1 held at a price of Rs 10.0
Jan 03, 1994	Jan 07, 1994
Rights ratio: 1 share for every 2 held at a price of Rs 15.0
Sep 30, 1992	Nov 29, 1991
Rights ratio: 1 share for every 1 held at a price of Rs 10.0
Sep 30, 1991	Nov 29, 1991
Rights ratio: 1 share for every 1 held at a price of Rs 10.0

AGM/EGM Meetings
Announced on Meeting on
Sep 09, 2025 Sep 24, 2025
-
Sep 12, 2024 Sep 26, 2024
A.G.M.
Jul 25, 2024 Aug 27, 2024
-
Sep 20, 2023 Sep 28, 2023
A.G.M.
Jul 31, 2023 Aug 31, 2023
-

Announced on	Meeting on
Sep 09, 2025	Sep 24, 2025
-
Sep 12, 2024	Sep 26, 2024
A.G.M.
Jul 25, 2024	Aug 27, 2024
-
Sep 20, 2023	Sep 28, 2023
A.G.M.
Jul 31, 2023	Aug 31, 2023
-

About Maha Rashtra

Maha Rashtra Apex Corporation Ltd., incorporated in the year 1943, is a Small Cap company (having a market cap of Rs 133.90 Crore) operating in Financial Services sector.

Maha Rashtra Apex Corporation Ltd. key Products/Revenue Segments include Income From Hire Purchase and Other Services for the year ending 31-Mar-2025.

For the quarter ended 31-03-2026, the company has reported a Consolidated Total Income of Rs .39 Crore, down 83.98 % from last quarter Total Income of Rs 2.43 Crore and down 27.03 % from last year same quarter Total Income of Rs .53 Crore. Company has reported net profit after tax of Rs -.47 Crore in latest quarter.

The company’s top management includes Mr.K B Shetty, Mr.Aspi Nariman Katgara, Mr.Nagarajan Sivarmakrishnan, Mrs.V B Jyothi, Mrs.Vidya Mananjay More, Mr.Yazdin Jimmy Mistry, Mr.Jamsheed M Panday. Company has H G Sarvaiya & Co. as its auditors. As on 31-03-2026, the company has a total of 1.41 Crore shares outstanding.

Maha Rashtra Share Price Today is Rs. 47.51. On previous day, the Maha Rashtra Share Price (NSE) closed at Rs. 47.9, featuring among the most traded securities on the National Stock Exchange.

Shareholdings:
As of 31st Mar, 2026, the promoter held 62.54% of the stake in Maha Rashtra shares, out of which 0.0% was pledged. On the same date, foreign institutional investors' (FII) holdings of Maha Rashtra stocks was 0.0% as compared to 0.0% in Dec 2025 with null of 0.0%. The domestic institutional investors (DII) holdings on 31st Mar, 2026 was 0.0% as compared to 0.0% in Dec 2025 with null of 0.0%. Out of the total DII holdings in Maha Rashtra shares 0.0% was held by mutual funds. The rest including public held is 0.0%. Maha Rashtra stock price is reflected on both the exchanges - BSE and NSE.

Dividend, Bonus & Split Information:
Maha Rashtra Dividend: Ever since 1943, Maha Rashtra dividends has been paid out around 2 times. As on 18 Jun, 2026, 03:22 PM IST, The overall dividend yield for Maha Rashtra stands at 0.0%. The last dividend paid was on null (Rs. null). The Earnings Per Share (EPS) for quarter ending 31st Mar 2026 is Rs. -2.44.

Maha Rashtra Bonus: The most recent bonus issue had been in year January 7, 1994 around 32 years ago at 5 : 1 ratio. The first bonus issue was announced in Jan 1994.

Stock Forecast:
After showing 0.39 Cr. of sales and 83.98% of quarterly net loss, there have been multiple ups and downs in the Maha Rashtra stock prices in the past few weeks. For example, Maha Rashtra stock price on 10th of June 2026 was around Rs. 48.8. Maha Rashtra share price now stands at an average of Rs. 47.51. Judging by last week's performance, stock is in down trend.

Maha Rashtra has a median target price of Rs. 0.0 in 12 months by 0 analysts. They have provided a high estimate of Rs. 0.0 and low estimate of Rs. 0.0 for Maha Rashtra share.

Historical Prices and Performance:
Maha Rashtra, incorporated in 1943 is a Small Cap company (with a market cap of Rs. 133.93) operating in Financial Services sector.
The Return of Equity (ROE) in last five financial years given by Maha Rashtra stock was -1.49%, 72.06%, 75.16%, -37.07% and 0.89% respectively.
The Maha Rashtra share gave a 3 year return of -66.03% as compared to Nifty 50 which gave a return of 27.94%.
Maha Rashtra announced 25.0% final dividend on null.

Key Metrics:
PE Ratio of Maha Rashtra is -19.66
Prices/Sales Ratio of Maha Rashtra is 32.85
Price/Book Ratio of Maha Rashtra is 0.29

Peer Insights:
Peers are businesses with comparable activities, buisness objectives and affiliation with a particular industry area. For Maha Rashtra, major competitors and peers include Available Fin, Indbank Merchant Banking, Keynote Financial and Thacker Co. As of Dec 2025, the dividend yield of Maha Rashtra stands at 0.0% while Available Fin, Indbank Merchant Banking, Keynote Financial and Thacker Co stand at 0.0%, 0.0%, 0.39% and 0.0% respectively. The PE ratio and PB Ratio of the company are among its competitors stand at -19.66 and 0.29 respectively.

Leadership of Maha Rashtra :
Jamsheed M Panday is CFO & Company Secretary
K B Shetty is Chairman
Aspi Nariman Katgara is Managing Director
V B Jyothi is Director
Nagarajan Sivarmakrishnan is Director
Yazdin Jimmy Mistry is Director
Vidya Mananjay More is Director

Industry

Financial Services - Misc

Key Indices Listed On

-

Address

3rd Floor, Front wing, North Block,Manipal Centre,Bengaluru, Karnataka - 560042

Contact

mracl.ho@manipal.com

http://www.maharashtraapex.com

PE Ratio(x)	-19.50
EPS - TTM(₹)	-2.44
MCap(₹ Cr.)	133.90
MCap Rank	91
PB Ratio(x)	0.29
Div Yield(%)	-
Face Value(₹)	10.00
52W High(₹)	74.97
52W Low(₹)	39.52
MCap/Sales	32.85
Beta(1 Month)	0.74
BV/Share(₹)	162.84

PE Ratio(x)	-19.90
EPS - TTM(₹)	-2.44
MCap(₹ Cr.)	136.69
MCap Rank	129
PB Ratio(x)	0.29
Div Yield(%)	-
Face Value(₹)	10.00
52W High(₹)	74.50
52W Low(₹)	40.00
MCap/Sales	32.85
Beta(1 Month)	0.29
BV/Share(₹)	162.84

1 Day	-0.03%
1 Month	-2.42%
3 Months	-64.56%
1 Year	-58.1%
3 Years	-66.04%
5 Years	-44.04%

1 Day	0.62%
1 Month	-0.23%
3 Months	-63.78%
1 Year	N.A.
3 Years	-65.44%
5 Years	-43.6%

R1	-	Pivot -	S1	-
R2	-		S2	-
R3	-		S3	-

Maha Rashtra Apex Corporation Share Price

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