Price
Financials
Standalone, Rs crore| Mar 2019 | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 27 | 20 | 1 | 0 | 1 | 1 | 0 | 0 |
| Expenses | 16 | 14 | 7 | 0 | 19 | 5 | 0 | 0 |
| Operating Profit | 11 | 6 | -7 | -0 | -19 | -4 | -0 | -0 |
| OPM % | 40% | 30% | -1,077% | -3,309% | -831% | |||
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | -15 | 0 |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 2 | 2 | 1 | 2 | 1 | 0 | 0 |
| Profit before tax | 7 | 3 | -9 | -1 | -21 | -5 | -15 | -0 |
| Tax % | 29% | 30% | -10% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 5 | 2 | -8 | -1 | -21 | -5 | -15 | -0 |
| EPS in Rs | 5.11 | 2.19 | -8.07 | -1.39 | -21.12 | -4.97 | -15.35 | -0.09 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 2 | 6 | 11 | 23 | 46 | 56 | 21 | 1 | 0 | 0 | 0 |
| Expenses | 0 | 2 | 4 | 8 | 15 | 29 | 36 | 21 | 21 | 0 | 0 | 0 |
| Operating Profit | 0 | 0 | 1 | 3 | 7 | 17 | 20 | -0 | -20 | -0 | -0 | -0 |
| OPM % | 2.1% | 10% | 20% | 27% | 33% | 37% | 36% | -2.2% | -3,553% | |||
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -15 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 4 | 5 | 2 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 1 | 3 | 7 | 16 | 15 | -6 | -23 | -0 | -0 | -15 |
| Tax % | 100% | 32% | 32% | 32% | 34% | 29% | 29% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0 | 0 | 1 | 2 | 5 | 11 | 10 | -6 | -23 | -0 | -0 | -15 |
| EPS in Rs | 0.07 | 0.22 | 0.87 | 2.32 | 4.63 | 10.93 | 10.37 | -5.88 | -22.50 | -0.18 | -0.11 | -15.44 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | % | ||
| Compounded Profit Growth | % | 15% | % | -127% | ||
| Stock Price CAGR | -24% | -12% | % | % | ||
| Return on Equity | % | % | % | % |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.75 | 3 | 3 | 4 | 5 | 10 | 10 | 10 | 10 | 10 | ||
| Reserves | 0 | 0 | 1 | 3 | 15 | 21 | 32 | 26 | 3 | -12 | ||
| Borrowings | 0 | 0 | 1 | 1 | 0 | 12 | 10 | 13 | 13 | 9 | ||
| Other Liabilities | 0 | 1 | 1 | 2 | 4 | 10 | 16 | 18 | 18 | 0 | ||
| Total Liabilities | 1 | 4 | 6 | 9 | 25 | 53 | 68 | 67 | 44 | 7 | ||
| Fixed Assets | 0 | 0 | 0 | 0 | 1 | 6 | 14 | 9 | 6 | 6 | ||
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Investments | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 | 3 | 0 | ||
| Other Assets | 1 | 4 | 5 | 9 | 24 | 44 | 52 | 55 | 35 | 0 | ||
| Total Assets | 1 | 4 | 6 | 9 | 25 | 53 | 68 | 67 | 44 | 7 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -1 | -2 | -1 | 1 | 4 | 15 | -9 | -6 | 0 | -0 | 12 | |
| Cash from Investing Activity | 0 | -0 | -0 | -0 | -0 | -9 | -12 | 0 | 0 | 0 | 3 | |
| Cash from Financing Activity | 1 | 2 | 1 | 0 | 8 | 8 | -2 | 5 | -0 | 0 | -17 | |
| Net Cash Flow | 0 | 0 | 0 | 1 | 12 | 13 | -23 | -0 | -0 | 0 | -2 | |
| Free Cash Flow | -1 | -2 | -1 | 0 | 3 | 8 | -21 | -5 | 0 | -0 | 12 | |
| CFO/OP | -7,400% | -970% | -64% | 26% | 63% | 87% | -44% | -1,063% | -0% | 33% | -4,193% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99 | 331 | 309 | 203 | 164 | 126 | 266 | 716 | 12,967 | |||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 99 | 331 | 309 | 203 | 164 | 126 | 266 | 716 | 12,967 | |||
| Working Capital Days | 570 | 467 | 219 | 183 | 108 | 28 | 182 | 513 | 5,622 | |||
| ROCE % | 10% | 21% | 48% | 52% | 52% | 34% | -10% | -60% |
| Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 60.18% | 60.18% | 60.18% | 58.69% | 51.71% | 51.71% | 27.74% | 51.71% | 51.24% | 51.24% | 51.23% | 51.23% |
| FIIs | 0.51% | 0.51% | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 6.86% | 6.86% | 10.27% | 6.86% | 6.86% | 6.86% | 6.86% | 6.86% |
| Public | 39.30% | 39.30% | 39.30% | 41.31% | 41.43% | 41.43% | 61.99% | 41.44% | 41.90% | 41.90% | 41.91% | 41.90% |
| No. of Shareholders | 923 | 954 | 954 | 953 | 927 | 1,038 | 1,037 | 1,038 | 1,256 | 1,271 | 1,359 | 1,358 |
Fundamentals
Market Cap₹ 4.39 Cr.
Current Price₹ 4.38
Book Value₹ -2.45
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)-127%
Standalone figures.
Valuation
P/B, 5-year average0.34x
Profitability
ROE629.27%
ROCE-240.00%
ROA-237.79%
ROE, 3-year average629.27%
ROCE, 3-year average-240.00%
ROA, 3-year average-237.79%
ROE, 5-year average174.00%
ROCE, 5-year average-103.49%
ROA, 5-year average-95.68%
ROIC (approx.)-240.75%
Other income / net worth617.89%
Per share
EPS (TTM)Rs -15.44
EPS, 5-year averageRs -14.19
Book value per shareRs -2.45
Cash flow per shareRs 11.71
Free cash flow per shareRs 11.97
Efficiency
Cash conversion cycle12967 days
Working capital days5622 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 0 Cr
Net debtRs 9 Cr
Debt to equity-3.62x
Owners' fund to total sources-37.79%
Debt to assets136.87%
Cash flow
Cash from Operating Activity (latest year)Rs 12 Cr
Cash from Investing Activity (latest year)Rs 3 Cr
Cash from Financing Activity (latest year)Rs -17 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 12 Cr
Statement figures
Other income (TTM)Rs -15 Cr
EBITDA (TTM)Rs -15 Cr
PBDT (TTM)Rs -15 Cr
Profit before tax (TTM)Rs -15 Cr
Net profit (TTM)Rs -15 Cr
Net profit (latest year)Rs -15 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs -15 Cr
Share capitalRs 10 Cr
ReservesRs -12 Cr
Shareholders' fundsRs -2 Cr
Total assetsRs 7 Cr
Net blockRs 6 Cr
Other liabilitiesRs 0 Cr
Shares outstanding (crore)1.00
Ownership
Promoter holding51.23% (-0.48 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.33 is at the 29th percentile (median 0.63).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Not enough price history.
Red flags
| serious | Negative equity Shareholders' equity is negative |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹0 Cr.
Net profit ₹0 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| 3M India Ltd | 35,940 | 81.5 | 50.0 % |
| Godrej Industries Ltd | 35,561 | 29.6 | 8.17 % |
| DCM Shriram Ltd | 14,156 | 10.3 | 11.5 % |
| Balmer Lawrie & Company Ltd | 2,766 | 9.91 | 14.6 % |
| TTK Healthcare Ltd | 1,460 | 19.1 | 8.04 % |
| Empire Industries Ltd | 631 | 11.2 | 18.0 % |
| Maheshwari Logistics Ltd | 218 | 14.3 | 12.0 % |
| Panth Infinity Ltd | 62 | 1.27 | 32.9 % |
| Krypton Industries Ltd | 47 | 16.8 | 11.4 % |
| Galactico Corporate Services Ltd | 36 | 16.6 | 6.24 % |
| Swasti Vinayaka Art & Heritage Corporation Ltd | 29 | 5.96 | 20.4 % |
| Billwin Industries Ltd | 17 | 35.7 | 5.37 % |
| HCKK Ventures Ltd | 12 | -27.3 % | |
| Alexander Stamps & Coin Ltd | 8 | -0.06 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Majestic Research Services & Solutions Ltd?
Majestic Research Services & Solutions Ltd (539229) has a market capitalisation of Rs 4.39 Cr. at the close.
What were Majestic Research Services & Solutions Ltd's latest quarterly results?
In the Mar 2026 quarter, Majestic Research Services & Solutions Ltd sales was Rs 0 Cr and net profit was Rs 0 Cr.