IP
IndiaPulse

MAHAPEXLTD

Small Cap

Maha Rashtra Apex Corporation Limited

Financial Services

Maha Rashtra Apex Corporation Limited operates in Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.

₹46.9
-0.48 · -1.01%
Quote09 Jun, 10:02 am
Fundamentals09 Jun 2026 · screener
Score08 Jun, 11:00 pm · v4.2-nightly
Tags02 May 2026
Data confidence
Fresh enough for analysis
Investor decision lenses

One read, four checks

75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.

Weak fundamentals, management trust is acceptable, price trend argues for patience, and recent execution is weak.

Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
OVERVALUED
16

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
70

low confidence · 0/0 claims checked

Technical
Neutral
41

Timing lens: price trend and sector relative strength.

Result consistency
weak
31

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 31 Mar 2026

Bad · 0/100

Rev -80% YoY · PAT -122% YoY · margin compression

Filed 31 Mar 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹0.1 Cr-80.0%-97.0%
EBITDA₹-5 Cr-3220.0%-453.2%
Operating margin-8300.0%-825000 bps-837157 bps
PAT₹-5 Cr-122.1%-201.0%
PAT margin-8266.7%-1573334 bps-851591 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business and thesis

Issuer presentation review pending

Maha Rashtra Apex Corporation Limited operates in Finance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.

Technical timing lens

Trend score and candlestick chart

41Neutral

SMA20 -45.5% / mo · near 52W low

Stock trend: 41
Sector RS:

Technical chart

MAHAPEXLTDdaily · 3Y-49.4%
Latest close ₹47.02 on 2026-06-09
Bar
-1.0%
RSI
38
MACD hist
0.16
52W pos
3%
Hover for OHLC, volume, and indicators. Use range buttons above the chart to zoom.
₹40₹66₹92₹118₹14552H52L2025-122026-03Vol2025-112026-012026-022026-042026-06
Up bar
Down bar
Volume
Result date
SMA 50
RSI(14)

Technical trend read

Bearish setup

Trend is weak — long-term trend unclear. RSI 38.

  • SMA20 falling (~7.3% over last month) — short-term momentum negative.
  • RSI(14) at 38 — falling, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 66% off 52W high · 6% above 52W low.

Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.

Deep research

Valuation, score drivers, trust methodology, financials, and peers

Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.

16U-SCORE
OVERVALUED

Fundamental score breakdown

OVERVALUED
Valuation6/30
Growth3/25
Quality0/20
Balance Sheet11/15
Cash Flow3/10
Piotroski
4/9 (+1)
Penalties
-8
Raw sum
16

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

16/100 · OVERVALUED

Positive drivers

  • Balance sheet contributes 11/15 to the score.
  • Cash flow contributes 3/10 to the score.
  • Valuation contributes 6/30 to the score.

Main drags

  • Penalty bucket subtracts 8 points.
  • Fair-value margin of safety is negative at -1893.9%.
  • Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model

NBFC valuation: P/B, ROA, borrowing cost, and asset quality

Lenders can look optically cheap before credit losses emerge, so valuation is tied to book quality.

NBFC P/B
Primary lens
P/B adjusted for ROA/ROE and leverage quality.
Secondary checks
AUM growth, spreads, credit cost, liquidity and ALM risk.
Main risk check
Fast growth with weak asset quality deserves a discount.
PE
59.9
PB
0.3
EV/EBITDA
47.3
ROE
0.5%
ROCE
0.6%
FCF Yield
Debt/Equity
0.0
MoS
-1893.9%
Score movement

Stored run vs live recompute

This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.

Stored run: 08 Jun 2026
v4.2-nightly
Final score
16
Previous: 23 (-7)
Verdict
OVERVALUED
Previous: OVERVALUED
Margin of safety
-1893.9%
No stored baseline yet

Score history

12 stored score snapshots. Latest stored move: +0 points.

08 Jun 2026
v4.2-nightly
80
80
23
23
23
23
23
23
23
23
23
23

Factor attribution

Valuation
6+1
was 5
Growth
3-8
was 11
Trust Score
70Healthy Trust · low confidenceTrust Lite

Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.

Healthy Trust: Claim history is still being built. It ranks around the 64th percentile of the scored universe and 81st percentile within Financial Services. Main check: results consistency is weak at 31/100.

Healthy Trust Lite: Promoter holding is 71.6%. Key concern: Operating cash flow is negative at ₹-4 Cr.

Computed 22 May 2026
trust-lite-v1
0 docs indexed · 0 concall links
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
64th percentile

overall median 67 · Financial Services: 81st pctile, median 62 · Small: 69th pctile, median 65

Evidence depth
Financial-only

0 documents indexed, but claim history is not strong enough yet.

Claim delivery
Outcome history still building

0 claims extracted · No contradicted claim yet

How to read this Trust Score

Healthy Trust · low confidence
What it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.

Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.

Forensic breakdown

Read low sub-scores as due-diligence warnings, not automatic sell signals.

Promoter
90
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
80
strong · leverage and solvency
Discipline
90
strong · capital discipline
Results
31
weak · quarterly consistency

Trust positives

  • Promoter holding is 71.6%.
  • Promoter pledge is zero.
  • Promoter holding increased 9%.
  • 5 years of positive FCF.

Trust risks

  • Operating cash flow is negative at ₹-4 Cr.
  • 3 recent quarters had PAT decline worse than 25% YoY.
  • OPM spread across recent quarters is 51748.5%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Intrinsic value

Graham Number
₹58.23
+19.5% MoS
DCF Fair PE
2.5
DCF Fair Value
₹2.35
-1893.9% MoS
PEG

Fundamentals

Valuation

P/E
59.90
P/B
0.30
EV/EBITDA
47.29
Market Cap
131.00Cr

Profitability

ROE
0.49%
ROCE
0.60%
ROA
0.52%
Dividend Y

Growth (CAGR)

Revenue 5Y
-7.00%
EPS 5Y
-20.00%
Revenue 3Y
-13.00%
EPS 3Y
-17.00%

Balance Sheet

Debt/Equity
0.00
Interest Coverage
Altman Z
2.49
Book Value
157.00

Cash Flow

FCF Yield
FCF Positive Y
5/5
OCF
-12.70 Cr
EPS TTM
0.96

Shareholding

Promoter Hold
71.57%
Promoter Pledge
0.00%
Momentum 52W
26%

Financial History

Updated 9/6/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data
Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.