Is Majestic Auto a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Majestic Auto Ltd is a below average quality company .

Is Majestic Auto undervalued or overvalued?

The key valuation ratios of Majestic Auto Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Majestic Auto share price return in the past 10 years?

Majestic Auto Ltd share price has appreciated 18.6% annually (CAGR) over the past ten years.

Is Majestic Auto a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Majestic Auto Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Majestic Auto Ltd - Stock Valuation and Financial Performance

Name: Majestic Auto
Brand: Majestic Auto

BSE: 500267 | NSE: MAJESAUTO | Business Support | Small Cap

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Majestic Auto Share Price

₹424.20 5.90 1.41%
as on 20-Dec'24 16:59

10 Year X-Ray of Majestic Auto:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	9.1%	6.7%	-4.1%	-1.8%	8%	4.7%	3.2%	2.3%	2.4%	10.4%	-
Value Creation Index ⓘ	-0.4	-0.5	-1.3	-1.1	-0.4	-0.7	-0.8	-0.8	-0.8	-0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	112	124	6.1	9	81.5	32.7	20.3	17.7	20.9	48.2	24
Sales YoY Gr.	-	10.6%	-95.1%	48%	808.1%	-59.9%	-38%	-12.7%	18.2%	130.9%	-
Adj EPS ⓘ	-3.6	-9.4	-17.4	-8.4	42.4	2.1	8.2	1.5	0.3	22.5	15.4
YoY Gr.	-	NA	NA	NA	NA	-95%	285.5%	-82.1%	-83%	8880%	-
BVPS (₹) ⓘ	154	163	376.3	396.8	364.2	295.5	401.1	388.7	386.5	568.8	587.4
Adj Net Profit ⓘ	-3.8	-9.8	-18.1	-8.7	44	2.2	8.5	1.5	0.3	23.3	16
Cash Flow from Ops. ⓘ	-15.5	-1.4	3.8	15.1	48.6	8.2	6.1	-6.1	11.7	49	-
Debt/CF from Ops. ⓘ	-6.6	-127.1	45	7.1	1.4	5.8	6.4	-6.1	2.4	0.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-8.9%	-10%	33.6%	130.9%
Adj EPS ⓘ	NA	-11.9%	39.8%	8880%
BVPSⓘ	15.6%	9.3%	12.4%	47.2%
Share Price	18.6%	27.7%	48.9%	64.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-2.6	-6	-6.5	-2.2	11.1	0.6	2.4	0.4	0.1	4.7	2.7
Op. Profit Mgn % ⓘ	-15.5	1.5	-3597	-1113.5	47.2	29.9	20.9	10	7.7	55.8	13.9
Net Profit Mgn % ⓘ	-3.4	-7.9	-299.4	-97.4	54.1	6.8	42.2	8.6	1.3	48.4	65.3
Debt to Equity ⓘ	0.6	1.1	0.4	0.3	0.2	0.2	0.1	0.1	0.1	0	0
Working Cap Days ⓘ	155	162	3,914	2,285	202	333	451	569	535	283	2,628
Cash Conv. Cycle ⓘ	45	45	1,253	455	5	16	55	59	30	-1	2,306

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.70%

Sales growth is growing at healthy rate in last 3 years 33.55%

Net Profit is growing at healthy rate in last 3 years 39.84%

Sales growth is not so good in last 4 quarters at -11.13%

Latest Financials - Majestic Auto Ltd.

	Standalone	Consolidated
TTM EPS (₹)	15.4	23.3
TTM Sales (₹ Cr.)	24.4	62.7
BVPS (₹.) ⓘ	587.4	614
Reserves (₹ Cr.) ⓘ	595	628
P/BV ⓘ	0.72	0.69
PE ⓘ	27.63	18.17

From the Market
52 Week Low / High (₹)	245.05 / 476.00
All Time Low / High (₹)	6.85 / 476.00
Market Cap (₹ Cr.)	441
Equity (₹ Cr.)	10.4
Face Value (₹)	10
Industry PE ⓘ	53.6

Management X-Ray of Majestic Auto:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Majestic Auto

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Majestic Auto

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	112	124	6	9	81	33	20	18	21	48
Operating Expenses ⓘ	129	122	224	110	55	23	16	16	19	21
Manufacturing Costs	20	15	1	1	1	1	0	0	0	0
Material Costs	76	77	0	2	33	18	12	10	13	14
Employee Cost	24	23	3	3	3	2	2	2	3	3
Other Costs ⓘ	9	7	220	104	18	2	1	3	3	3
Operating Profit ⓘ	-17	2	-218	-101	27	10	4	2	1	27
Operating Profit Margin (%)	-15.5%	1.5%	-3,597.0%	-1,126.2%	32.9%	29.7%	20.9%	10.0%	6.9%	55.5%
Other Income ⓘ	14	9	202	94	13	11	11	11	11	30
Interest ⓘ	10	16	7	6	6	5	3	3	3	2
Depreciation ⓘ	18	17	2	2	1	2	2	2	2	2
Exceptional Items ⓘ	43	27	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	12	4	-25	-16	33	14	10	8	8	52
Tax ⓘ	-15	-5	-8	-6	-3	11	1	6	8	28
Profit After Tax	26	9	-17	-10	36	2	9	2	0	23
PAT Margin (%)	23.6%	7.5%	-285.0%	-106.0%	44.1%	6.7%	42.3%	8.6%	0.7%	48.2%
Adjusted EPS (₹)	25.4	8.9	-16.6	-9.2	34.6	2.1	8.2	1.5	0.1	22.4
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	91%	0%	5,353%	67%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	160	169	391	413	379	307	417	404	402	591
Share Capital ⓘ	10	10	10	10	10	10	10	10	10	10
Reserves ⓘ	150	159	381	402	368	297	407	394	392	581
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	102	173	163	102	55	36	35	34	24	14
Long Term Debt	95	154	146	102	55	36	34	34	24	14
Short Term Debt	7	19	17	0	0	0	0	0	1	0
Trade Payables	9	22	32	3	3	1	1	1	1	1
Others Liabilities ⓘ	-21	-18	24	26	-2	-8	6	-38	-26	30
Total Liabilities ⓘ	249	346	610	545	434	337	458	400	401	636
Fixed Assets
Gross Block	284	288	291	85	31	32	32	35	35	37
Accumulated Depreciation	110	127	144	13	7	8	8	9	11	9
Net Fixed Assetsⓘ	174	161	147	72	24	24	24	26	24	28
CWIP ⓘ	2	0	0	0	0	0	0	0	0	3
Investmentsⓘ	17	111	406	416	375	286	359	297	300	196
Inventories	10	18	18	4	2	2	2	2	2	1
Trade Receivables	12	23	31	8	3	2	2	1	0	1
Cash Equivalents ⓘ	9	1	0	1	1	1	4	1	1	317
Others Assetsⓘ	26	32	8	44	29	21	68	74	74	91
Total Assets ⓘ	249	346	610	545	434	337	458	400	401	636

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-16	-1	4	15	49	8	6	-6	12	49
PBT ⓘ	12	4	-25	-16	33	14	10	8	8	52
Adjustment ⓘ	-26	-2	24	11	8	-4	-5	-4	-5	-24
Changes in Working Capital ⓘ	2	-6	4	20	8	-1	2	-8	9	22
Tax Paid ⓘ	-3	2	1	0	0	-1	-1	-2	0	-1
Cash Flow From Investing Activity ⓘ	26	-62	22	61	-2	16	9	15	8	294
Capex	-26	-3	-2	31	7	0	0	0	0	-5
Net Investments	42	-67	6	22	-1	0	0	5	-2	284
Others ⓘ	11	8	19	8	-8	16	9	11	11	14
Cash Flow From Financing Activityⓘ	-2	55	-27	-76	-46	-24	-12	-12	-20	-25
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-10	-16	-16	-12	-6	-5	-3	-2	-2	-2
Dividend Paid ⓘ	0	0	0	0	0	0	0	-8	-8	-16
Others ⓘ	8	71	-10	-64	-40	-19	-9	-2	-10	-8
Net Cash Flow ⓘ	8	-8	-1	0	0	0	3	-3	0	317

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	17.94	5.64	-6.17	-2.37	9.08	0.63	2.37	0.37	0.04	4.68
ROCE (%)	9.05	6.7	-4.07	-1.81	8.01	4.68	3.15	2.32	2.38	10.38
Asset Turnover Ratio	0.5	0.46	0.01	0.02	0.17	0.08	0.05	0.04	0.05	0.09
PAT to CFO Conversion(x)	-0.62	-0.11	N/A	N/A	1.36	4	0.67	-3	N/A	2.13
Working Capital Days
Receivable Days	46	48	1,640	785	24	28	37	32	9	3
Inventory Days	31	38	1,091	440	13	24	39	46	39	11
Payable Days	57	73	0	3,077	36	47	30	28	25	21

Majestic Auto Ltd Stock News

Majestic Auto Ltd FAQs

What is the share price of Majestic Auto?

Company share prices are keep on changing according to the market conditions. The closing price of Majestic Auto on 20-Dec-2024 16:59 is ₹424.2.

What is the market cap of Majestic Auto?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Majestic Auto stood at ₹441.1.

What is the P/E ratio of Majestic Auto?

The latest P/E ratio of Majestic Auto as of 20-Dec-2024 16:59 is 27.63.

What is the P/B ratio of Majestic Auto?

The latest P/B ratio of Majestic Auto as of 20-Dec-2024 16:59 is 0.72.

What is the 52-week high and low of Majestic Auto?

The 52-week high of Majestic Auto is ₹476.0 and the 52-week low is ₹245.1.

What is the TTM revenue of Majestic Auto?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Majestic Auto is ₹24.44 ( Cr.) .

About Majestic Auto Ltd

Majestic Auto Ltd, a Hero Group company was incorporated in 1972 by O P Munjal. The answer to the rapidly escalating fuel prices in the country came in the form of the Hero Majestic range of mopeds in the year 1978. Within a few years, Hero Majestic was a household name in the country, and by 1983, Majestic Auto was the country's leading manufacturer of mopeds.

Majestic Auto is one of the largest producers of mopeds in the country. Since its inception in 1978, Majestic Auto has grown from catering to home consumers to the ones abroad. Majestic Auto now exports the moped to countries like Africa, North and South America, Europe and the far Middle East.

Hero Majestic mopeds have found great acceptance in the overseas markets, including countries in Africa, North & South America, Europe and the far & Middle East and are homologated in Europe & USA.

To the existing range of five different mopeds viz. Hero Panther, Hero Panther 4S, Hero Gizmo, Hero Stallion 4S and Hero Ankur, Majestic Auto is continuously working to upgrade their performances and to make them absolute environment friendly. The company also manufactures and exports Hero Allegro exerbikes, steppers and joggers, the well accepted market leaders in fitness equipment.

They have diversified their activities in the field of fine blanking, a revolutionary technology, now being accepted all over the world. They have put up a fine blanking unit in 1998. They have started catering services to the leaders in automobile, switchgear, electronics, weapon etc.

Product range of the company includes:

Health Equipments -The company is a leading manufacturers of health equipments, having a wide range of health equipments -- joggers, steppers and twistepro to suit the requirement of people of all ages

Fine Blanked Components- Majestic Auto Limited has put up a fine blanking unit with technical know-how from Feintool, Switzerland. Simultaneously, tremendous stress has been laid on developing latest standard tool room through indigenous development and upgradation of technology through our research and development division.

Mopeds