MAHAPEXLTD · NSE

Maha Rashtra Apex Corporation Limited

₹53

-1.47% (-₹0.79)

Prev. close

₹53.79

Volume

9,557

Delivery %

92.2%

As of

23 Sept 2026

Price history

₹53+₹4.06 (+8.30%) · 3M
15 Jun 202623 Sept 2026
₹61.13₹43.5315 Jun08 Jul06 Aug31 Aug23 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on Maha Rashtra Apex Corporation Limited in the last 90 days.

Fundamentals

About Maha Rashtra Apex Corporation Limited

Maha Rashtra Apex Corporation Limited does not have significant operations. Previously, the company was engaged in the hire purchase and leasing business. Maha Rashtra Apex Corporation Limited was formerly known as Maharashtra Apex Bank Ltd. The company was incorporated in 1943 and is based in Manipal, India.

Details

Sector

Financial Services

Industry

Credit Services

CEO

Mr. Jamsheed Minocher Panday

Headquarters

Manipal

Employees

18

Key stats

Market cap

₹149.37 Cr

EPS (TTM)

₹-18.33

Beta (1Y · daily vs NIFTY 50)

1.38

Beta (5Y · monthly vs NIFTY 50)

1.44

Shares float

95.89 L

EPS · quarter ended Jun 2026

₹1.23

Financial Performance

01 · Financials

0 Cr2.5 Cr5 Cr7.5 Cr10 Cr-200%0%200%400%FY21FY22FY23FY24FY25FY26
RevenueRevenue growth YoY

Revenue for Mar 2021–Mar 2022 is as filed with BSE (consolidated), and the first plotted growth figure is computed against Mar 2020 revenue as filed with BSE; the two sources' revenue definitions differ by 3.2% on Mar 2023. FY21 growth needs FY20 filings, which the data source doesn't provide. Net income and EBITDA are omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.

02 · Earnings Per Share (EPS)

-1000100200FY21FY22FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based

-200%0%200%400%FY21FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivables

05 · Capital Structure & Asset Utilization

0 Cr200 Cr400 Cr600 Cr0.02×0.04×0.06×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

0 Cr200 Cr400 Cr600 CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

-10 Cr-5 Cr0 Cr5 Cr10 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3.07 Cr₹3.89 Cr₹2.20 Cr₹8.71 Cr₹1.36 Cr₹2.14 Cr
EBITDA₹5.76 Cr₹-41.72 Cr₹-38.89 Cr₹23.84 Cr₹-6.10 Cr
₹-41.88 Cr₹-40.46 Cr₹19.66 Cr₹-6.87 Cr
Diluted EPS₹23.93₹0.95₹-16.05₹127₹7.53₹-2.63

Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, EBITDA, Net income, Pretax income, Interest expense, Other income have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹261.00 Cr₹261.00 Cr₹209.00 Cr₹534.00 Cr₹543.00 Cr₹536.00 Cr
₹6.19 Cr₹6.28 Cr₹48.60 L₹47.88 L
Stockholders' equity₹149.00 Cr₹150.00 Cr₹113.00 Cr₹446.00 Cr₹466.00 Cr₹459.00 Cr

Current assets, Trade receivables, Cash & equivalents, Non-current assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — the missing years are left blank rather than estimated. Inventory shows ₹0 for 2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31 — this deck's own annual-report reading has no Inventory figure for this filer in any year shown (2023-03-31, 2024-03-31, 2025-03-31, 2026-03-31, 2021-03-31, 2022-03-31 alike); the ₹0 shown here comes from this filer's own reported data feed rather than this deck's own extraction, and is positively consistent with a filer that holds no physical inventory (typical for lenders and other financial-services companies) rather than a display default. 2021-03-31, 2022-03-31 have no Inventory figure reaching this deck at all — not shown as zero, not shown as positive — left blank rather than assumed to match the other years.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹-2.24 Cr₹-7.69 Cr₹-8.86 Cr₹-4.30 Cr₹-1.71 Cr
Investing cash flow₹1.74 Cr₹5.25 Cr₹6.29 Cr₹1.23 Cr₹-1.98 L
₹0₹0₹10.36 L₹5.51 Cr₹1.51 Cr
Capital expenditure₹-2.29 L₹-66,000₹-2.46 Cr₹-90.76 L₹-8.23 L
End cash position₹4.95 Cr₹3.57 Cr₹77.82 L₹3.22 Cr₹3.13 Cr

Operating cash flow, Depreciation & amortization, Change in working capital, Investing cash flow, Financing cash flow, Debt issued, Debt repaid, Dividends paid, Capital expenditure, End cash position have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Dec 21(2Q)Mar 22Jun 22Mar 26(16Q)May 26Jun 26(2Q)
Promoter62.54%62.54%62.54%71.57%
Public37.46%37.47%37.46%28.43%
Employee trusts0.00%0.00%0.00%0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Financial Services

Company
HDFC Bank Limited₹11.37 L Cr₹737.2516.11.398.6%0.81+4.7%-23.0%
ICICI Bank Limited₹9.62 L Cr₹1,34017.32.6514.9%0.57+9.1%-3.9%
State Bank of India₹9.11 L Cr₹98710.61.5314.0%1.22+9.2%+15.4%
Bajaj Finance Limited₹6.35 L Cr₹1,008.831.45.5716.7%3.10+19.7%+0.2%
Life Insurance Corporation Of India₹5.12 L Cr₹407.58.52.9032.5%+8.7%-54.6%
Kotak Mahindra Bank Limited₹4.13 L Cr₹412.6520.32.2810.6%0.53-0.3%-79.6%
Axis Bank Limited₹3.87 L Cr₹1,243.214.01.8012.3%1.30+4.0%+6.2%
Bajaj Finserv Limited₹2.92 L Cr₹1,846.528.83.7412.6%4.64+13.6%-11.4%
Shriram Finance Limited₹2.37 L Cr₹1,010.817.83.5915.2%2.76+13.9%+60.8%
SBI Life Insurance Company Limited₹1.76 L Cr₹1,76067.69.2312.9%-4.3%-3.3%
ICICI Prudential Asset Management Company Limited₹1.56 L Cr₹3,17944.937.3479.1%+23.1%
Maha Rashtra Apex Corporation Limited₹154.22 Cr₹54.360.34-1.5%0.00+57.3%-47.9%

Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 28

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

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