Maha Rashtra Apex Corporation Limited (MAHAPEXLTD) - Net Assets
Based on the latest financial reports, Maha Rashtra Apex Corporation Limited (MAHAPEXLTD) has net assets worth Rs4.59 Billion INR (≈ $49.66 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs5.36 Billion ≈ $57.99 Million USD) and total liabilities (Rs769.87 Million ≈ $8.33 Million USD). 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. Check MAHAPEXLTD asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.59 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. Also explore Maha Rashtra Apex Corporation Limited assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Maha Rashtra Apex Corporation Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs4.66 Billion ≈ $50.38 Million |
+1.08% |
| 2024-03-31 | Rs4.61 Billion ≈ $49.84 Million |
+307.98% |
| 2023-03-31 | Rs1.13 Billion ≈ $12.22 Million |
-24.89% |
| 2022-03-31 | Rs1.50 Billion ≈ $16.26 Million |
+1.01% |
| 2021-03-31 | Rs1.49 Billion ≈ $16.10 Million |
+29.32% |
| 2020-03-31 | Rs1.15 Billion ≈ $12.45 Million |
+13.53% |
| 2019-03-31 | Rs1.01 Billion ≈ $10.97 Million |
+11.49% |
| 2018-03-31 | Rs909.62 Million ≈ $9.84 Million |
+227.50% |
| 2017-03-31 | Rs-713.45 Million ≈ $-7.72 Million |
+1.34% |
| 2016-03-31 | Rs-723.12 Million ≈ $-7.82 Million |
-0.17% |
| 2015-03-31 | Rs-721.91 Million ≈ $-7.81 Million |
+0.04% |
| 2014-03-31 | Rs-722.18 Million ≈ $-7.81 Million |
-3.25% |
| 2013-03-31 | Rs-699.47 Million ≈ $-7.56 Million |
-0.23% |
| 2012-03-31 | Rs-697.84 Million ≈ $-7.55 Million |
-1.05% |
| 2011-03-31 | Rs-690.59 Million ≈ $-7.47 Million |
-578.35% |
| 2010-03-31 | Rs144.37 Million ≈ $1.56 Million |
+0.05% |
| 2009-03-31 | Rs144.30 Million ≈ $1.56 Million |
0.00% |
| 2008-03-31 | Rs144.30 Million ≈ $1.56 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 | Rs3.79 Billion | 81.46% |
| Common Stock | Rs141.18 Million | 3.03% |
| Other Components | Rs722.37 Million | 15.51% |
| Total Equity | Rs4.66 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 |
|---|---|
|
Synaptogenix Inc
NASDAQ:SNPX
|
$8.09 Million |
|
Close Brothers Group plc
LSE:CBG
|
$8.09 Million |
|
Paras Petrofils Limited
NSE:PARASPETRO
|
$8.10 Million |
|
EA Holdings Bhd
KLSE:0154
|
$8.10 Million |
|
Critical Minerals Group Ltd
AU:CMG
|
$8.09 Million |
|
AB Effectenbeteiligungen AG
STU:JPH
|
$8.08 Million |
|
Bitros Holding S.A
AT:MPITR
|
$8.08 Million |
|
Safello Group AB
ST:SFL
|
$8.08 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 | Rs3.36 Billion | +72.07% |
| Other Comprehensive Income | Rs-1.04 Billion | -22.31% |
| Other Changes | Rs-2.27 Billion | -48.69% |
| Total Change | Rs- | 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: 0.16x
- 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 5.18x to 0.16x 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 | Rs10.24 | Rs53.06 | x |
| 2009-03-31 | Rs10.20 | Rs53.06 | x |
| 2010-03-31 | Rs10.20 | Rs53.06 | x |
| 2011-03-31 | Rs-47.59 | Rs53.06 | x |
| 2012-03-31 | Rs-49.32 | Rs53.06 | x |
| 2013-03-31 | Rs-49.44 | Rs53.06 | x |
| 2014-03-31 | Rs-51.04 | Rs53.06 | x |
| 2015-03-31 | Rs-51.02 | Rs53.06 | x |
| 2016-03-31 | Rs-51.11 | Rs53.06 | x |
| 2017-03-31 | Rs-50.43 | Rs53.06 | x |
| 2018-03-31 | Rs64.28 | Rs53.06 | x |
| 2019-03-31 | Rs71.96 | Rs53.06 | x |
| 2020-03-31 | Rs81.70 | Rs53.06 | x |
| 2021-03-31 | Rs105.66 | Rs53.06 | x |
| 2022-03-31 | Rs106.72 | Rs53.06 | x |
| 2023-03-31 | Rs80.15 | Rs53.06 | x |
| 2024-03-31 | Rs327.03 | Rs53.06 | x |
| 2025-03-31 | Rs330.54 | Rs53.06 | 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 | Rs120.40 Million |
| 2009 | -23.03% | -164.97% | 0.01x | 14.33x | Rs-47.66 Million |
| 2010 | 99.70% | 662.60% | 0.01x | 13.44x | Rs129.41 Million |
| 2011 | 0.00% | -178.05% | 0.01x | 0.00x | Rs49.69 Million |
| 2012 | 0.00% | -338.45% | 0.01x | 0.00x | Rs45.31 Million |
| 2013 | 0.00% | -125.82% | 0.01x | 0.00x | Rs61.52 Million |
| 2014 | 0.00% | -298.68% | 0.01x | 0.00x | Rs54.64 Million |
| 2015 | 0.00% | 9.77% | 0.01x | 0.00x | Rs72.93 Million |
| 2016 | 0.00% | -13.79% | 0.01x | 0.00x | Rs71.56 Million |
| 2017 | 0.00% | 1280.98% | 0.04x | 0.00x | Rs361.97 Million |
| 2018 | 59.32% | 1580.57% | 0.02x | 2.21x | Rs448.56 Million |
| 2019 | 9.89% | 341.65% | 0.01x | 2.08x | Rs-1.16 Million |
| 2020 | 11.90% | 338.94% | 0.02x | 1.98x | Rs21.88 Million |
| 2021 | 22.65% | 1099.80% | 0.01x | 1.75x | Rs188.29 Million |
| 2022 | 0.89% | 34.48% | 0.01x | 1.73x | Rs-136.97 Million |
| 2023 | -37.08% | -1966.07% | 0.01x | 1.85x | Rs-531.72 Million |
| 2024 | -8.78% | -464.33% | 0.02x | 1.19x | Rs-865.46 Million |
| 2025 | 72.07% | 24669.03% | 0.00x | 1.17x | Rs2.89 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: $37,628,750,405
- Average return on equity (ROE) among peers: 10.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maha Rashtra Apex Corporation Limited (MAHAPEXLTD) | Rs4.59 Billion | 93.45% | 0.17x | $8.09 Million |
| Akme Fintrade India Ltd (AFIL) | $1.30 Billion | 0.00% | 2.50x | $41.31 Million |
| Arman Financial Services Limited (ARMANFIN) | $3.66 Billion | 25.65% | 4.57x | $169.77 Million |
| Baid Finserv Limited (BAIDFIN) | $108.03 Million | 5.96% | 2.17x | $19.08 Million |
| Bajaj Finance Limited (BAJFINANCE) | $96.00 Billion | 19.13% | 5.64x | $62.99 Billion |
| Capri Global Capital Limited (CGCL) | $38.37 Billion | 7.28% | 2.95x | $1.94 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $22.87 Billion | 16.10% | 8.42x | $14.26 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $162.58 Billion | 7.94% | 7.06x | $3.16 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $51.07 Billion | 16.18% | 3.28x | $2.25 Billion |
| CSL Finance Limited (CSLFINANCE) | $773.42 Million | 9.31% | 0.08x | $55.14 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-439.02 Million | 0.00% | 0.00x | $1.13 Million |
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. 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.