| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 0.1 | 0.1 | +12.1% |
| EBITDA | −0.5 | −0.4 | — |
| EBITDA margin | −764.2% | −793.2% | +29.0 pts |
| Profit before tax | 1.2 | 1.4 | −13.7% |
| Net profit | 3.5 | 23.9 | −85.4% |
| EPS | ₹1.23 | ₹16.93 | −92.7% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 64.8 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.0 | 0.0 | 3.2 | 0.8 | 5.9 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||
| 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | ||
| 64.8 | — | — | — | — | ||
| 2.1 | 2.1 | 1.4 | 8.7 | 2.2 | ||
| — | +57.3% | −84.4% | +296.4% | — | ||
| 0.0 | 0.0 | −1.5 | 4.8 | −2.9 | ||
| 0.7% | 2.3% | −106.6% | 55.3% | −133.2% | ||
| −0.0 | 0.0 | −1.5 | 4.8 | −3.0 | ||
| −27.3 | −6.9 | 19.7 | 331 | 3.3 | ||
| −1,269.3% | −320.8% | 1,444.6% | 3,804.3% | 149.7% | ||
| −₹19.34 | −₹4.87 | ₹13.95 | ₹235.24 | ₹2.34 | ||
| — | −134.9% | −94.1% | +9,972.0% | — | ||
| — | −1.6 | −4.3 | −8.9 | −2.2 | ||
| — | −0.1 | −0.9 | 0.0 | 0.0 | ||
| −1.6 | −1.6 | −5.2 | −8.9 | −2.2 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 64.8 | |
| - Cash, Equiv & ST Investments | 5.9 | 0.8 | 3.2 | 0.0 | 0.0 | |
| + Minority Interest | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 64.8 | |
| Revenue | 2.2 | 8.7 | 1.4 | 2.1 | 2.1 | |
| Growth %, YoY | — | +296.4 | -84.4 | +57.3 | — | |
| EBITDA | -2.9 | 4.8 | -1.5 | 0.0 | 0.0 | |
| Margin % | -133.23 | 55.31 | -106.56 | 2.27 | 0.70 | |
| EBIT | -3.0 | 4.8 | -1.5 | 0.0 | -0.0 | |
| Net Income | 3.3 | 331.5 | 19.7 | -6.9 | -27.3 | |
| Margin % | 149.74 | 3,804.30 | 1,444.60 | -320.77 | -1,269.29 | |
| EPS, Adj (current shares) | 2.34 | 235.24 | 13.95 | -4.87 | -19.34 | |
| Growth %, YoY | — | +9,972.0 | -94.1 | -134.9 | — | |
| Cash from Operations | -2.2 | -8.9 | -4.3 | -1.6 | — | |
| Capital Expenditures | -0.0 | -0.0 | -0.9 | -0.1 | — | |
| Free Cash Flow | -2.2 | -8.9 | -5.2 | -1.6 | -1.6 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Maha Rashtra Apex Corporation (NSE: MAHAPEXLTD) had a market capitalisation of ₹132 crore at the 30 October 2026 close (₹46.82 a share) and a price-to-book ratio of 0.29. In FY26 its consolidated net loss was ₹6.9 crore on revenue of ₹2.1 crore; in Q1 FY27 (April–June 2026) it was ₹3.5 crore, down 85.4% year on year. It had no borrowings on 31 March 2026. Promoters held 71.57% of the shares on 30 September 2026.
Maha Rashtra Apex Corporation's PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹27.3 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹132 crore at ₹46.82 a share.
Maha Rashtra Apex Corporation's price-to-book (PB) ratio is 0.29 at the 30 October 2026 close: a market capitalisation of ₹132 crore divided by shareholders' equity (book value) of ₹459 crore on 31 March 2026. That is a book value of ₹162.83 per share against a share price of ₹46.82.
Maha Rashtra Apex Corporation's net worth — shareholders' equity in its consolidated balance sheet — was ₹459 crore on 31 March 2026, down 1.5% from ₹466 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹132 crore at the 30 October 2026 close.
Maha Rashtra Apex Corporation's market capitalisation was ₹132 crore at the 30 October 2026 close: 2.82 crore shares at ₹46.82 each.
Yes. Maha Rashtra Apex Corporation had no borrowings on 31 March 2026 (consolidated balance sheet), and it held ₹3 crore of cash, bank balances and current investments.
Maha Rashtra Apex Corporation's debt-to-equity ratio was 0.00 on 31 March 2026: no borrowings against total equity of ₹459 crore. A year earlier, on 31 March 2025, it was 0.00.
In FY26, Maha Rashtra Apex Corporation's return on equity (ROE) was −1.5% and its return on capital employed (ROCE) was 0.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 4.3% and ROCE −0.3%.
Promoters held 71.57% of Maha Rashtra Apex Corporation on 30 September 2026, unchanged from the previous quarter and up 9.03 percentage points from 62.54% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Maha Rashtra Apex Corporation's shares were held by promoters 71.57%, domestic institutions (DII) 0.00% and retail and other non-institutional investors 28.43%. Over the year, DII holding was down 0.01 percentage points from 0.01%.
Maha Rashtra Apex Corporation's book value per share was ₹162.83 on 31 March 2026: shareholders' equity of ₹459 crore divided by the 2.82 crore shares in issue. The share price at the 30 October 2026 close was ₹46.82.
In FY26 (April 2025–March 2026), Maha Rashtra Apex Corporation's consolidated net loss was ₹6.9 crore, against a profit of ₹19.7 crore in FY25, on revenue from operations of ₹2.1 crore (up 57.3%).
Maha Rashtra Apex Corporation has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
Maha Rashtra Apex Corporation's basic earnings per share (EPS) were −₹4.87 in FY26.
In FY26, Maha Rashtra Apex Corporation generated ₹1.6 crore of cash from operations and spent ₹5.9 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹1.6 crore. In FY25 it was −₹5.2 crore.
Maha Rashtra Apex Corporation's latest results are for Q1 FY27 (April–June 2026), filed on 13 August 2026: consolidated net profit ₹3.5 crore, down 85.4% from ₹23.9 crore in Q1 FY26; revenue from operations ₹5.9 lakh, up 12.1% year on year.
On FY26 consolidated figures, against Reliable Data Services: Maha Rashtra Apex Corporation's operating margin of 0.0% is the lower of the two (Reliable Data Services 7.3%; peer average 7.3%); its return on equity of −1.5% is the lower of the two (Reliable Data Services 10.9%; peer average 10.9%).
In FY26, Maha Rashtra Apex Corporation earned net profit of ₹6.9 crore on revenue of ₹2.1 crore, against ₹7 crore on ₹185 crore for Reliable Data Services. Maha Rashtra Apex Corporation's operating margin was 0.0% (Reliable Data Services 7.3%) and its return on equity −1.5% (Reliable Data Services 10.9%). At the 30 October 2026 close, Maha Rashtra Apex Corporation's market capitalisation was ₹132 crore against ₹131 crore for Reliable Data Services.
From Maha Rashtra Apex Corporation's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.