Graph not available
Graph not available

Open Demat Account

50years
50 Years
of Trust & Legacy
₹0 AMC
for First Year
₹0 Brokerage
on Delivery, Intraday, Currency and NSE F&O
left-arrow
Fundamentals
Financials
Shareholding
Resistance/Support
Delivery and Volume
About
Management
News
Similar Stocks
right-arrow

Majestic Auto Ltd Fundamentals

Market Cap
₹ 341.28 Cr
P/E Ratio (TTM)
10.71
P/B Ratio
0.68
Debt to Equity
0.41
ROE
0.04
EPS (TTM)
30.65
Dividend Yield
2.29 %
Book Value
484.00

Click here to know more about Fundamentals

Majestic Auto Ltd Financials

Majestic Auto Ltd Financials

Majestic Auto Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 75.00 % 75.00 % 75.00 % 75.00 %
Retail 22.47 % 22.75 % 23.07 % 23.10 %
Others 2.48 % 2.20 % 1.88 % 1.85 %
Mutual Funds 0.03 % 0.03 % 0.03 % 0.03 %
FII 0.02 % 0.02 % 0.02 % 0.02 %

Promoters

75.00%

Retail

22.47%

Others

2.48%

Mutual Funds

0.03%

FII

0.02%

Promoters

75.00%

Retail

22.75%

Others

2.20%

Mutual Funds

0.03%

FII

0.02%

Promoters

75.00%

Retail

23.07%

Others

1.88%

Mutual Funds

0.03%

FII

0.02%

Promoters

75.00%

Retail

23.10%

Others

1.85%

Mutual Funds

0.03%

FII

0.02%

Resistance and Support

₹338.65

PIVOT

resistance-arrow
Resistance
First Resistance₹346.200
Second Resistance₹351.400
Third Resistance₹358.950
support-arrow
Support
First Support₹333.450
Second Support₹325.900
Third Support₹320.700

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day5,1025,102100.00
Week5,1024,2540.00
1 Month5,1023,6270.00
6 Months1,421,0621,337,55998.42

About Majestic Auto Ltd

Majestic Auto Ltd (MAL), established in April, 1973, was earlier engaged in manufacture of Silencers, Auto Components, Fine Blanking Components, Bicycle Spokes and Electrical Motors. It had facilities for tool design and tool making which enables the Company to meet-up the expectations of the automobile manufacturers in the country by supplying high quality Fine Blanking components on schedule. It was running its Plants in Ludhiana and Greater Noida. But due to diversification in business, it got engaged into providing facility management and rental services. MAL came into existence with a plant at Ludhiana to manufacture 50 cc mopeds, marketed under the Pacer, Panther and Ankur brands. The company went public in 1986. But in a market which exhibited a CAGR of 30% between 1978 and 1988, it was unable to make a definitive dent. Realising the need to make its presence felt, it upgraded its capacity in Oct.'88 by setting up a plant in Ghaziabad, Uttar Pradesh, to manufacture 65-cc Hero Puch mopeds. But the moment the new product hit the road, it hit something else too -- MAL's bottom line. In the period from 1989 to 1991 when it came under the purview of the BIFR, after having completely wiped off its net worth, MAL started focussing increasingly on the export market. Luckily for MAL, the turnaround was quick to come. With exports shooting up 75% to Rs 6.58 cr and the sales realisation improving over 50%, the company's bottom line for 1991-92 turned black again.A new launch, the Hero Allegro fit-kit exerciser, paid off. In 1994-95, its plant at Tehsil Dadri, Uttar Pradesh, was awarded the ISO 9002 certification. In the same year it launched two more models - three-gear 65- and 75-cc mopeds During 1995-96 MAL, launched new products such as BMW 650 Funduro and 74cc Scooter Hero Winner'. In 1997-98, the company increased the installed capacity of its motorised two wheelers upto 350cc to 2,30,000 Nos. During the year 2003-04, through the Scheme of Arrangement between the Company and Hero Auto Limited (now called Hero Motors Limited), all the assets and liabilities of erstwhile Ghaziabad Unit of the Company were transferred to Hero Motors Limited effective 01.04.2003. In accordance with the Scheme, the shareholdings of the existing Equity Shareholders of the Company was reduced proportionately by 4,40,000 Equity Shares of Rs. 10/- each. Thus the paid up Equity Shares Capital of the Company was reduced by Rs. 44,00,000/-. Hero Global Design Private Limited ceased to be a subsidiary of the Company w.e.f. 29.9.2003. The Company floated Majestic IT Services Limited as Wholly Owned Subsidiary (WOS) of the Company for setting-up business of providing a broad range of information and technology related services during the year 2010. Consequent to the inter-se transfer of shareholding amongst the Promoters, Anadi Investments Private Limited became the holding company of the Company with effect from 31st March, 2012. The Company acquired Emirates Technologies Private Limited during 2014-15. The Company discontinued their manufacturing operations (Fine Blanking, Electric & Winding) in the second half of the year 2017-18 due to unviable business operations; lack of viable orders, profitability the losses incurred, external environmental challenges & technology moving forward and diversified into the business of Facility Management Services, Office space leasing construction of property, in the last quarter of the year 2017-18.

Managing Director

1973

Founded

Mahesh Chander Munjal

NSE Symbol

MAJESAUTO

Majestic Auto Ltd Management

NameDesignation
Mahesh Chander MunjalChairman & Managing Director
Aayush MunjalJoint Managing Director
Anil Kumar SharmaIndependent Director
Rajesh YaduvanshiIndependent Director
Parul ChadhaCompany Sec. & Compli. Officer
Ayushi JainDirector
Tripurari PandeyAdditional Director

Events

Dividend Announcement for Majestic Auto Ltd - Feb 8, 2024

On Feb 8, 2024, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 150.0%. This dividend percentage reflec...

Read More

Majestic Auto Ltd News

Majestic Auto to announce Quarterly Result
On 22 May 2024
Board of Majestic Auto recommends interim dividend
Of Rs 15 per share
Majestic Auto consolidated net profit rises 596.19% in the December 2023 quarter
Sales rise 24.03% to Rs 14.97 crore
Majestic Auto to discuss results
On 8 February 2024
Majestic Auto consolidated net profit rises 594.85% in the September 2023 quarter
Sales rise 223.79% to Rs 39.60 crore
Majestic Auto to hold board meeting
On 8 November 2023
Majestic Auto schedules board meeting
On 9 August 2023
Majestic Auto AGM scheduled
On 25 August 2023
Majestic Auto reports consolidated net loss of Rs 0.74 crore in the March 2023 quarter
Sales rise 11.91% to Rs 12.97 crore
Majestic Auto to table results
On 27 May 2023

Similar Stocks

CompanyMarket CapMarket PriceP/E Ratio
DLF Ltd₹ 210092.08 Cr
₹ 851.00
(0.27 %)
168.10
Godrej Properties Ltd₹ 79319.67 Cr
₹ 2,860.00
(0.25 %)
140.58
Oberoi Realty Ltd₹ 63368.6 Cr
₹ 1,736.15
(-0.38 %)
42.86
Prestige Estates Projects Ltd₹ 62590.54 Cr
₹ 1,603.00
(2.66 %)
278.36
Phoenix Mills Ltd₹ 54329.81 Cr
₹ 3,142.00
(3.35 %)
189.89

Majestic Auto Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Majestic Auto Ltd shares in BlinkX

Majestic Auto Ltd's P/E ratio is 10.71 times as of May 18, 2024 at 12:29 PM.

Majestic Auto Ltd's most recent financial reports indicate a price-to-book ratio of 0.68, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Majestic Auto Ltd's market is 341 Cr as on May 18, 2024 at 12:29 PM.

The current financial records of Majestic Auto Ltd show a 0.04% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Majestic Auto Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Majestic Auto Ltd stands at 75.00%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.02% to 0.02%.