Majestic Auto Limited (MAJESAUT)

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Majestic Auto Limited (MAJESAUT) · mywealthgrid

About

Majestic Auto Limited operates in commercial services (Industrials sector) with quarterly revenues around ₹5 Crore and a market cap of ₹376.9 Crore, positioning it as a micro-cap. Promoter ownership dominates at 75%, while institutional investors hold only token stakes (FII 0.02%, DII 0.03%), limiting secondary market participation. Operating margins typically range from 13–29%, though net profit volatility suggests structural factors—such as fixed cost base or one-off items—that obscure underlying business performance.

Face value: ₹10

Market cap

₹381 Cr

P/E

4.2×

P/B

0.6×

Dividend yield

16.4%

ROE

14.3%

ROCE

5.3%

Debt / equity

OPM

13.3%

EPS (TTM)

₹88.1

Book value

₹642.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue has contracted from ₹7–9 Crore/quarter (2019–Mar 2020) to ₹4.8–5.5 Crore (2021), indicating scale loss or shrinking addressable market; verify cause and reversal potential
Profit volatility is severe: ₹4.17 Crore loss (Mar 2020) despite 29% OPM, and near-zero profits in Dec 2020 and Jun 2020, suggest high fixed costs or extraordinary items masking true earnings; verify nature of profit-to-margin disconnect
PE of 4.11 is extremely compressed, potentially reflecting market skepticism about earnings quality or sustainability; verify if this is technical mispricing or warranted by structural risk
Minimal institutional ownership (FII 0.02%, DII 0.03%) creates liquidity risk and limits capital-raising options; verify public float depth and trading volume

Generated analysis · source review pending

Growth drivers

Revenue recovery from current ₹4.8–5.5 Crore to prior ₹7–9 Crore/quarter with current 13.25% OPM would significantly increase absolute profits—verify what caused the decline and if reversal is feasible
Operating margin expansion: historical OPM peaked at 35.75% (Jun 2019) versus current 13.25%; even partial recovery would multiply net profits—verify the cause of margin compression and if operational improvements can reverse it
Zero debt (D/E = 0) allows capital deployment for growth investments or working capital optimization without leverage burden—verify management's capital allocation strategy
Recent profit recovery (₹5.63 Crore in Mar 2021 vs. near-zero prior quarters) suggests operational stabilization; sustained improvement would support valuation re-rating—verify if this trend is durable and underlying drivers

Generated analysis · source review pending

2,176 historical price candles were omitted because the exchange source has not been verified.

₹366.2+0.4%1Y

Quick read

rule-based

Pros

+Profit CAGR of 168.8% over the last 3 years
+Almost debt-free (debt/equity 0)
+Dividend yield of 16.4%
+Dividend payout of 68.1% of profit
+High promoter holding of 75% with no pledge

Cons

−Low return on equity of 7.4% (3-yr avg)
−Revenue shrank over the last 5 years (-12.5% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

55/100

Business quality: 39
Growth: 50

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
International Gemological Institute LimitedIGILIGIL	₹13,482 Cr	₹13,482 Cr	₹1,363 Cr	₹827 Cr	60.9%	₹610 Cr	44.5%	61.1%	49.1%	36
Wework India Management LimitedWEWORKWEWORK	₹8,931 Cr	₹9,264 Cr	₹2,589 Cr	₹1,676 Cr	64.5%	₹84 Cr	3.1%	12.4%	25%	-18
Nesco LimitedNESCONESCO	₹7,249 Cr	₹7,249 Cr	₹951 Cr	₹482 Cr	52.6%	₹417 Cr	44.3%	17%	14.7%	1
Indiabulls LimitedIBULLSLTDIBULLSLTD	₹6,856 Cr	₹7,314 Cr	₹1,101 Cr	₹417 Cr	33.2%	₹419 Cr	41.5%	—	8.9%	—
Inox Green Energy Services LimitedINOXGREENINOXGREEN	₹6,384 Cr	₹6,472 Cr	₹280 Cr	₹28 Cr	8.2%	₹121 Cr	36.8%	8.5%	5.6%	405
Leap India LimitedLEAPINDLEAPIND	₹6,036 Cr	₹7,054 Cr	₹730 Cr	₹157 Cr	21.5%	₹62 Cr	8.6%	9.5%	9.6%	-520
Smartworks Coworking Spaces LimitedSMARTWORKSSMARTWORKS	₹5,837 Cr	₹6,044 Cr	₹1,963 Cr	₹1,260 Cr	64.3%	₹28 Cr	0.6%	7.5%	2%	-102
Elevate Campuses LimitedELEVATEELEVATE	₹5,811 Cr	₹9,931 Cr	₹569 Cr	₹405 Cr	71.3%	₹174 Cr	30.6%	9.3%	21.1%	—
Nirlon LimitedNIRLONNIRLON	₹5,467 Cr	₹6,614 Cr	₹317 Cr	₹237 Cr	79.1%	₹127 Cr	34.3%	23.2%	59.8%	-56
Quess Corp LimitedQUESSQUESS	₹5,023 Cr	₹5,023 Cr	₹15,835 Cr	₹327 Cr	2%	₹253 Cr	1.5%	19.2%	19.7%	19
Indiqube Spaces LimitedINDIQUBEINDIQUBE	₹4,187 Cr	₹4,477 Cr	₹1,564 Cr	₹952 Cr	60.8%	₹-93 Cr	-7.3%	5.7%	-20.7%	-273
Sanghvi Movers LimitedSANGHVIMOVSANGHVIMOV	₹3,719 Cr	₹4,393 Cr	₹1,177 Cr	₹426 Cr	37.4%	₹199 Cr	17.2%	18%	15%	77

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	56	117	69	49	50	83	64	35
COGS	—	—	—	6	9	11	12	—
Gross profit	—	—	—	43	40	72	52	—
	23	42	26	13	16	18	24	31
Operating profit (EBITDA)	33	75	43	30	25	54	28	5
OPM %	59.6%	64.2%	62.2%	60.9%	49.7%	64.5%	43.7%	13.3%
Depreciation	8	7	9	9	9	9	9	8
Interest	23	22	20	14	14	14	15	8
	9	10	10	13	11	34	13	43
Profit before tax	—	—	—	20	14	65	17	125
Tax	0	5	46	9	9	32	8	32
Tax %	—	—	—	47%	65.3%	49.2%	48%	26%
	-3	45	-21	11	5	33	9	93
PAT margin %	-4.8%	38.6%	-30.2%	21.6%	9.5%	39.7%	13.7%	262.2%
EPS (₹)	10	54.3	-20.1	—	4.5	31.8	8.5	89.2
EPS adjusted (₹)	-3.5	41.9	-15.4	10.2	4.5	31.8	8.5	88.1
	0%	0%	—	—	165.2%	47.1%	531.9%	28%
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	10	10	10	10	10	10	10	10	10
Reserves	405	379	289	—	405	406	605	600	658
Minority interest	10	12	7	—	10	11	12	14	—
	276	208	174	—	165	148	141	126	0
	55	36	80	—	66	71	100	172	27
Total equity & liabilities	757	645	560	—	656	647	868	923	696
	113	66	67	26	71	68	71	187	143
CWIP	—	—	—	—	—	0	3	24	—
Investments	—	—	—	—	484	488	395	596	418
	643	579	493	—	101	91	398	115	135
Total assets	757	645	560	—	656	647	868	923	696

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2018	Mar 2019	Mar 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	87.9%	81.1%	86.2%	81.4%	—
EBITDA margin %	59.6%	64.2%	62.2%	60.9%	49.7%	64.5%	43.7%	13.3%
EBIT margin %	44.9%	58.2%	48.8%	43.3%	32%	54.1%	29.1%	-9.6%
PAT margin %	-4.8%	38.6%	-30.2%	21.6%	9.5%	39.7%	13.7%	262.2%
Working capital
Receivable days	64	11	15	14	1	2	4	1
Inventory days	62	18	31	145	83	25	23	0
Payable days	50	22	—	70	29	26	24	—
NWC days	76	7	—	88	55	1	2	—
Leverage
Current ratio	0.65	0.73	0.55	1.27	1.1	8.44	3.39	33.29
Debt to EBITDA	8.3	2.77	4.04	5.53	6	2.61	4.5	0.07
Debt to equity	0.66	0.53	0.58	0.4	0.35	0.23	0.21	0
Interest coverage	1.5	3.6	2.2	2.4	2	5.6	2.2	5.1
Asset turnover	0.07	0.18	0.12	0.07	0.08	0.1	0.07	0.05
Return ratios
Return on assets %	-0.4%	7%	-3.7%	1.6%	0.7%	3.8%	1%	13.3%
Return on capital employed %	4.7%	11.7%	7.6%	6%	4.4%	11.1%	3.9%	5.3%
Return on equity %	-0.6%	11.6%	-7%	2.5%	1.1%	5.4%	1.4%	13.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%
	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	24.95%	24.95%	24.95%	24.95%	24.95%	24.95%	24.95%	24.95%	24.95%	24.95%	24.95%	24.95%
No. of shareholders	—	—	—	—	—	—	—	—	7,362	7,191	8,604	8,570

Promoter holding up 0 percentage points since Sep 2023.

1 deal · 10 Nov 2023 – 10 Nov 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Nov 2023	GOEL ANIL KUMAR	Bulk	BSE	Sell	1,28,000	₹259.25	₹3.32 Cr

1–1 of 1

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Mahesh MunjalExecutive Director-Chairperson
Mr. Aayush MunjalExecutive Director
Mr. Anil Kumar SharmaNon-Executive - Independent Director
Mr. Rajesh Kumar YaduvanshiNon-Executive - Independent Director
Mr. Tripurari PandeyNon-Executive - Independent Director
Ms. Ayushi jainNon-Executive - Non Independent Director
Mr. Nishant SharmaCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Majestic Auto Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

25 announcementsExport CSV

24 Aug 2026, 11:19 pmCompany Update

Announcement under Regulation 30 (LODR)-Acquisition

Acquisition PDF

24 Aug 2026, 11:17 pmCompany Update

Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

Memorandum of Understanding /Agreements PDF

17 Aug 2026, 8:58 pmAGM/EGM

Voting Results

AGM PDF

17 Aug 2026, 8:41 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

17 Aug 2026, 8:25 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

11 Aug 2026, 1:46 pmResult

Financial Results For The Quarter Ended June 30, 2026

Financial Results PDF

11 Aug 2026, 1:39 pmBoard Meeting

Board Meeting Outcome for Outcome Of Board Meeting Held On August 11, 2026

Outcome of Board Meeting PDF

8 Aug 2026, 6:20 pmCompany Update

Email Communication To Shareholders Intimating About Deduction Of Tax At Source (TDS) On Final Dividend For FY 2025-26

General PDF

Date	Category	Subject	Filing
24 Aug 2026, 11:19 pm	Company Update Acquisition	Announcement under Regulation 30 (LODR)-Acquisition	PDF
24 Aug 2026, 11:17 pm	Company Update Memorandum of Understanding /Agreements	Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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Ratio	Mar 2018	Mar 2019	Mar 2020	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	87.9%	81.1%	86.2%	81.4%	—
EBITDA margin %	59.6%	64.2%	62.2%	60.9%	49.7%	64.5%	43.7%	13.3%
EBIT margin %	44.9%	58.2%	48.8%	43.3%	32%	54.1%	29.1%	-9.6%
PAT margin %	-4.8%	38.6%	-30.2%	21.6%	9.5%	39.7%	13.7%	262.2%
Working capital
Receivable days	64	11	15	14	1	2	4	1
Inventory days	62	18	31	145	83	25	23	0
Payable days	50	22	—	70	29	26	24	—
NWC days	76	7	—	88	55	1	2	—
Leverage
Current ratio	0.65	0.73	0.55	1.27	1.1	8.44	3.39	33.29
Debt to EBITDA	8.3	2.77	4.04	5.53	6	2.61	4.5	0.07
Debt to equity	0.66	0.53	0.58	0.4	0.35	0.23	0.21	0
Interest coverage	1.5	3.6	2.2	2.4	2	5.6	2.2	5.1
Asset turnover	0.07	0.18	0.12	0.07	0.08	0.1	0.07	0.05
Return ratios
Return on assets %	-0.4%	7%	-3.7%	1.6%	0.7%	3.8%	1%	13.3%
Return on capital employed %	4.7%	11.7%	7.6%	6%	4.4%	11.1%	3.9%	5.3%
Return on equity %	-0.6%	11.6%	-7%	2.5%	1.1%	5.4%	1.4%	13.9%

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	24	44	99	40	41	17	32	79	100	-7
	29	58	-4	0	-2	10	5	282	-341	96
	-53	-101	-91	-43	-33	-33	-38	-36	-34	-47
Net cash flow	—	—	—	—	—	-6	-0	325	-276	—
Free cash flow	20	42	98	40	41	17	32	74	-17	-17
CFO / Operating profit %	—	131.5%	131.4%	93.3%	—	55.9%	131.6%	146.7%	355.3%	-139.9%

Majestic Auto Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

7

1

Compounded sales growth

Compounded profit growth

Return on equity

Majestic Auto Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Dividends7

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

7

1