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. The company was formerly known as Maharashtra Apex Bank Ltd. Maha Rashtra Apex Corporation Limited was incorporated in 1943 and is based in Manipal, India.
Maha Rashtra Apex Corporation Limited (MAHAPEXLTD) - Net Assets
Latest net assets as of September 2025: ₹4.59 Billion INR
Based on the latest financial reports, Maha Rashtra Apex Corporation Limited (MAHAPEXLTD) has net assets worth ₹4.59 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹5.36 Billion) and total liabilities (₹769.87 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹4.59 Billion |
| % of Total Assets | 85.64% |
| Annual Growth Rate | 22.68% |
| 5-Year Change | 212.86% |
| 10-Year Change | N/A |
| Growth Volatility | 206.26 |
Maha Rashtra Apex Corporation Limited - Net Assets Trend (2008–2025)
This chart illustrates how Maha Rashtra Apex Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Maha Rashtra Apex Corporation Limited (2008–2025)
The table below shows the annual net assets of Maha Rashtra Apex Corporation Limited from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹4.66 Billion | +1.08% |
| 2024-03-31 | ₹4.61 Billion | +307.98% |
| 2023-03-31 | ₹1.13 Billion | -24.89% |
| 2022-03-31 | ₹1.50 Billion | +1.01% |
| 2021-03-31 | ₹1.49 Billion | +29.32% |
| 2020-03-31 | ₹1.15 Billion | +13.53% |
| 2019-03-31 | ₹1.01 Billion | +11.49% |
| 2018-03-31 | ₹909.62 Million | +227.50% |
| 2017-03-31 | ₹-713.45 Million | +1.34% |
| 2016-03-31 | ₹-723.12 Million | -0.17% |
| 2015-03-31 | ₹-721.91 Million | +0.04% |
| 2014-03-31 | ₹-722.18 Million | -3.25% |
| 2013-03-31 | ₹-699.47 Million | -0.23% |
| 2012-03-31 | ₹-697.84 Million | -1.05% |
| 2011-03-31 | ₹-690.59 Million | -578.35% |
| 2010-03-31 | ₹144.37 Million | +0.05% |
| 2009-03-31 | ₹144.30 Million | 0.00% |
| 2008-03-31 | ₹144.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maha Rashtra Apex Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 379481900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹3.79 Billion | 81.46% |
| Common Stock | ₹141.18 Million | 3.03% |
| Other Components | ₹722.37 Million | 15.51% |
| Total Equity | ₹4.66 Billion | 100.00% |
Maha Rashtra Apex Corporation Limited Competitors by Market Cap
The table below lists competitors of Maha Rashtra Apex Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
XTL Biopharmaceuticals Ltd
F:H2K2
|
$6.93 Million |
|
IMPLANET SA EO 001
F:IM11
|
$6.93 Million |
|
Construction JSC 47
VN:C47
|
$6.93 Million |
|
472220
KQ:472220
|
$6.93 Million |
|
Fredonia Mining Inc
PINK:FREDF
|
$6.92 Million |
|
SIM Acquisition Corp. I Warrant
NASDAQ:SIMAW
|
$6.92 Million |
|
BJC Heavy Industries Public Company Limited
BK:BJCHI
|
$6.91 Million |
|
Artius II Acquisition Inc. Rights
NASDAQ:AACBR
|
$6.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maha Rashtra Apex Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,608,442,000 to 4,658,367,000, a change of 49,925,000 (1.1%).
- Net income of 3,357,208,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,039,299,000.
- Other factors decreased equity by 2,267,984,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹3.36 Billion | +72.07% |
| Other Comprehensive Income | ₹-1.04 Billion | -22.31% |
| Other Changes | ₹-2.27 Billion | -48.69% |
| Total Change | ₹- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares Maha Rashtra Apex Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.36x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 11.50x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹10.24 | ₹117.76 | x |
| 2009-03-31 | ₹10.20 | ₹117.76 | x |
| 2010-03-31 | ₹10.20 | ₹117.76 | x |
| 2011-03-31 | ₹-47.59 | ₹117.76 | x |
| 2012-03-31 | ₹-49.32 | ₹117.76 | x |
| 2013-03-31 | ₹-49.44 | ₹117.76 | x |
| 2014-03-31 | ₹-51.04 | ₹117.76 | x |
| 2015-03-31 | ₹-51.02 | ₹117.76 | x |
| 2016-03-31 | ₹-51.11 | ₹117.76 | x |
| 2017-03-31 | ₹-50.43 | ₹117.76 | x |
| 2018-03-31 | ₹64.28 | ₹117.76 | x |
| 2019-03-31 | ₹71.96 | ₹117.76 | x |
| 2020-03-31 | ₹81.70 | ₹117.76 | x |
| 2021-03-31 | ₹105.66 | ₹117.76 | x |
| 2022-03-31 | ₹106.72 | ₹117.76 | x |
| 2023-03-31 | ₹80.15 | ₹117.76 | x |
| 2024-03-31 | ₹327.03 | ₹117.76 | x |
| 2025-03-31 | ₹330.54 | ₹117.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maha Rashtra Apex Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 72.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24669.03%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (72.07%) is above the historical average (16.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 93.45% | 740.83% | 0.01x | 15.48x | ₹120.40 Million |
| 2009 | -23.03% | -164.97% | 0.01x | 14.33x | ₹-47.66 Million |
| 2010 | 99.70% | 662.60% | 0.01x | 13.44x | ₹129.41 Million |
| 2011 | 0.00% | -178.05% | 0.01x | 0.00x | ₹49.69 Million |
| 2012 | 0.00% | -338.45% | 0.01x | 0.00x | ₹45.31 Million |
| 2013 | 0.00% | -125.82% | 0.01x | 0.00x | ₹61.52 Million |
| 2014 | 0.00% | -298.68% | 0.01x | 0.00x | ₹54.64 Million |
| 2015 | 0.00% | 9.77% | 0.01x | 0.00x | ₹72.93 Million |
| 2016 | 0.00% | -13.79% | 0.01x | 0.00x | ₹71.56 Million |
| 2017 | 0.00% | 1280.98% | 0.04x | 0.00x | ₹361.97 Million |
| 2018 | 59.32% | 1580.57% | 0.02x | 2.21x | ₹448.56 Million |
| 2019 | 9.89% | 341.65% | 0.01x | 2.08x | ₹-1.16 Million |
| 2020 | 11.90% | 338.94% | 0.02x | 1.98x | ₹21.88 Million |
| 2021 | 22.65% | 1099.80% | 0.01x | 1.75x | ₹188.29 Million |
| 2022 | 0.89% | 34.48% | 0.01x | 1.73x | ₹-136.97 Million |
| 2023 | -37.08% | -1966.07% | 0.01x | 1.85x | ₹-531.72 Million |
| 2024 | -8.78% | -464.33% | 0.02x | 1.19x | ₹-865.46 Million |
| 2025 | 72.07% | 24669.03% | 0.00x | 1.17x | ₹2.89 Billion |
Industry Comparison
This section compares Maha Rashtra Apex Corporation Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,621,595,776
- Average return on equity (ROE) among peers: 14.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maha Rashtra Apex Corporation Limited (MAHAPEXLTD) | ₹4.59 Billion | 93.45% | 0.17x | $6.93 Million |
| Akme Fintrade India Ltd (AFIL) | $3.82 Billion | 8.69% | 0.77x | $14.54 Million |
| Arman Financial Services Limited (ARMANFIN) | $196.82 Million | 15.55% | 2.31x | $97.80 Million |
| Baid Finserv Limited (BAIDFIN) | $1.30 Billion | 5.85% | 1.62x | $4.85 Million |
| Capital Trust Limited (CAPTRUST) | $93.80 Million | 16.46% | 2.19x | $586.90K |
| Capri Global Capital Limited (CGCL) | $1.53 Billion | 67.12% | 0.54x | $555.03 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $8.02 Billion | 8.68% | 3.62x | $1.74 Billion |
| Capital India Finance Limited (CIFL) | $6.56 Billion | -6.33% | 1.73x | $2.98K |
| CP Capital Limited (CPCAP) | $5.46 Billion | 6.99% | 0.14x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $724.43 Million |
| CSL Finance Limited (CSLFINANCE) | $2.33 Billion | 9.66% | 0.43x | $19.61 Million |