Financials Majestic Auto Limited

Equities

MAJESAUT6

INE201B01022

Business Support Services

Market Closed - Bombay S.E. 03:10:40 2024-05-18 EDT 5-day change 1st Jan Change
338.4 INR +3.12% Intraday chart for Majestic Auto Limited +12.72% +31.60%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,491 1,457 613.5 1,118 1,345 1,412
Enterprise Value (EV) 1 4,411 3,598 2,591 2,749 3,047 2,906
P/E ratio -41.4 x 3.34 x -3.83 x 5.61 x 14.9 x 37.3 x
Yield - - - 6.98% - 5.52%
Capitalization / Revenue 2.67 x 1.25 x 0.89 x 1.97 x 2.75 x 2.85 x
EV / Revenue 7.91 x 3.08 x 3.75 x 4.84 x 6.23 x 5.86 x
EV / EBITDA 13.2 x 4.8 x 5.94 x 6.96 x 10.5 x 12.3 x
EV / FCF -39 x 14.7 x 26.5 x 12.1 x 77.1 x 15.2 x
FCF Yield -2.56% 6.78% 3.78% 8.28% 1.3% 6.56%
Price to Book 0.36 x 0.37 x 0.2 x 0.27 x 0.32 x 0.34 x
Nbr of stocks (in thousands) 10,397 10,397 10,397 10,397 10,397 10,397
Reference price 2 143.4 140.1 59.00 107.5 129.4 135.8
Announcement Date 18-09-10 19-08-30 20-09-06 21-11-04 22-08-30 23-08-01
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 557.7 1,167 691.6 568.4 489.3 495.8
EBITDA 1 333 749.8 436.1 395 290.7 236.4
EBIT 1 251.3 680.2 348.7 310.4 213.2 159.8
Operating Margin 45.05% 58.28% 50.42% 54.61% 43.57% 32.23%
Earnings before Tax (EBT) 1 108.6 565.9 236.3 272.5 199 136
Net income 1 -35.97 436 -160.3 199.3 90.52 37.84
Net margin -6.45% 37.36% -23.17% 35.06% 18.5% 7.63%
EPS 2 -3.460 41.94 -15.41 19.17 8.706 3.639
Free Cash Flow 1 -113 243.9 97.85 227.5 39.52 190.7
FCF margin -20.25% 20.9% 14.15% 40.03% 8.08% 38.47%
FCF Conversion (EBITDA) - 32.54% 22.44% 57.61% 13.6% 80.65%
FCF Conversion (Net income) - 55.95% - 114.18% 43.67% 504.03%
Dividend per Share - - - 7.500 - 7.500
Announcement Date 18-09-10 19-08-30 20-09-06 21-11-04 22-08-30 23-08-01
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 2,920 2,141 1,978 1,631 1,702 1,494
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 8.769 x 2.856 x 4.535 x 4.13 x 5.856 x 6.317 x
Free Cash Flow 1 -113 244 97.9 228 39.5 191
ROE (net income / shareholders' equity) 2.52% 13.7% -5.91% 5.93% 2.47% 1.11%
ROA (Net income/ Total Assets) 1.99% 6.07% 3.62% 3.16% 2.01% 1.53%
Assets 1 -1,811 7,187 -4,430 6,305 4,498 2,470
Book Value Per Share 2 400.0 374.0 288.0 405.0 400.0 401.0
Cash Flow per Share 2 0.3700 3.170 0.2600 15.80 2.540 0.1000
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 18-09-10 19-08-30 20-09-06 21-11-04 22-08-30 23-08-01
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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