MAHAPEXLTD share price, P/E, ROE & financials

Maha Rashtra Apex Corporation (MAHAPEXLTD) is loss-making over the last 12 months, losing ₹27 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹48.45, 59% below its 52-week high. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 0.15× book value. It is a small-cap company with a market cap of ₹137 Cr, ranked 80th of 193 Credit Services companies by market cap; the shares fell 50% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹47.80
Day high: ₹48.48
Day low: ₹47.06
Prev. close: ₹47.57
Volume: 2K

Health check

4 to check

ReturnsBehind
−50.1% over a year, better than 0 of 7 peers.
Price tagLoss-making
Earnings were negative over the last 12 months.
Growthn/a
Not enough yearly results to measure.
ProfitabilityNegative
ROE -1.5% vs peer median 18.7%.
Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
Red flags4 to check
Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Credit Services

192 listed peers. Screen the industry

Small cap

₹137 Cr, #80 of 193 in its industry by size.

Defensive

Beta 0.53 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹4 Cr · profit ₹−27 Cr

Market cap: ₹137 Cr; Small cap
P/E: n/a; Industry 15.5
Price to book: 0.15; Peers 2.62
Dividend yield: 0.00%
ROE: −1.5%; Peers 18.7%
ROCE: n/m; Not meaningful for lenders
Debt to equity: n/m; Not meaningful for lenders
EPS (TTM): −₹0.85; Face value ₹10
OPM (TTM): 0.7%; Net margin 0.0%
Sales growth: n/m; Not meaningful for lenders
Profit growth: −85.4%; Latest quarter vs a year ago
Price to sales: 31.24

Strengths

Promoter stake up from 62.5% to 71.6%.

Risks to check

Loss-making over the last twelve months.
Return on equity is low at −1.5%.
Quarterly profit down 85.4% on a year ago.
59% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Maha Rashtra Apex Corporation

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.

Headquarters: Manipal
Employees: 18
Sector: Financial Services
ISIN: INE843B01013
Website: maharashtraapex.com

Price range

52 weeks

₹42.00₹117.89

Today

₹47.06₹48.48

Avg volume (3M): 22.9K
1-year return: minus 50.1%
From 52-week high: minus 58.9%

Peers · Credit Services

Bank and NBFC columns

Compare with peers Screen the whole industry

Company
BAJFINANCEBajaj Finance	1,087.75	plus 1.66%	6,77,005	31.3	5.49	19.0%	3.8%	18.2%	0.50%	plus 1.2%
SHRIRAMFINShriram Finance	961.15	minus 0.30%	2,26,167	16.0	2.03	14.8%	3.9%	18.6%	1.80%	plus 21.0%
CHOLAFINCholamandalam Investment and Finance Company	1,785.00	plus 1.42%	1,53,103	24.5	4.41	20.6%	2.6%	25.2%	0.11%	plus 0.8%
TATACAPTata Capital	358.05	plus 2.93%	1,50,979	25.4	3.10	14.1%	2.2%	–	0.16%	plus 5.6%
MUTHOOTFINMuthoot Finance	2,869.00	plus 1.06%	1,15,181	9.4	2.62	31.6%	6.3%	43.1%	1.05%	minus 11.0%
PFCPower Finance Corporation	328.80	minus 0.18%	1,08,507	4.1	0.74	18.7%	2.7%	17.7%	4.99%	minus 16.9%
IRFCIndian Railway Finance Corporation	80.43	plus 0.37%	1,05,110	14.3	1.73	12.6%	1.4%	4.4%	2.74%	minus 34.4%
MAHAPEXLTDMaha Rashtra Apex Corporation	48.45	plus 1.85%	137	–	0.15	−1.5%	–	–	0.00%	minus 50.1%
Median of 7 peers	–	1.06%	1,50,979	16.0	2.62	18.7%	2.7%	18.4%	1.05%	0.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
0.1	0.1	2	0.1	0.1
0.5	0.5	0.6	0.6	0.5
−0.4	−0.5	1.4	−0.5	−0.5
−793.2%	−782.8%	71.6%	−855.0%	−764.2%
24	−30.3	3.6	−4.2	3.9
0	0	0	0	0
0.3	0.1	0.2	0.1	0.2
23.9	−30.7	5.2	−4.6	3.6
–	–	6.1%	−8.7%	3.4%
23.9	−30.7	4.9	−5	3.5
16.93	-0.44	1.88	-3.52	1.23

Profit & loss

Yearly, ₹ crore

ROE: −1.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.1	8.7	1.4	2.1
–	+309.1%	minus 84.4%	+57.3%
3.9	3.9	2.8	2.1
−1.7	4.8	−1.4	0
−81.8%	55.6%	−106.5%	2.3%
−40.2	−46.2	14.2	−6.8
0	0	0	–
0	0	0	0
0.2	2.5	11.1	0.7
−41.8	−38.9	23.8	−6.2
−0.3%	−3.9%	17.4%	−11.6%
−41.9	−40.5	19.7	−6.9
-16.05	127.00	7.53	-2.63

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
14.1	14.1	14.1	14.1
98.8	432	452	445
6.2	6.3	0.5	0.5
89.9	81.6	76.8	76.7
209	534	543	536
2.1	2.1	2.1	2.1
2	2	–	2
11.1	8.5	6.4	6.6
13.5	2.1	6.7	9.1
180	519	528	516
209	534	543	536

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−7.7	−8.9	−4.3	−1.7
5.3	6.3	1.2	−0
0.7	0.1	5.5	1.5
−1.7	−2.5	2.4	−0.2
−0	–	−0.9	−0.1
−7.7	−8.9	−5.2	−1.8

Shareholding pattern

Source: NSE filings

71.6%

promoters

Promoters71.57%
Public28.43%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	71.57%	28.43%	0.00
30 Jun 2026	71.57%	28.43%	0.00
4 May 2026	71.57%	28.43%	plus 9.03
31 Mar 2026	62.54%	37.46%	0.00
31 Dec 2025	62.54%	37.46%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you