500267
Majestic Auto financials
- Market cap
- ₹381 Cr
- Sector
- Services
What Majestic Auto does
Majestic Auto Limited leases its own commercial/office properties and provides facility management services to IT-sector tenants in the Noida and New Delhi area, earning rental and facility-management fee income. It discontinued its legacy moped manufacturing business (previously made Hero Majestic Mopeds) and monetized the related manufacturing land. The company also runs a treasury book of diversified financial holdings (listed equities including a former Hero MotoCorp stake, mutual funds, AIFs and fixed deposits) built up after exiting manufacturing.
Segments
- Commercial real estate leasing
- Facility management services
- Office space leasing
- Treasury / investment operations
- Operating subsidiaries
- 2 (Majestic IT Services Ltd – facility management; Emirates Technologies Pvt Ltd – office leasing)
- Geographic footprint
- Noida & New Delhi (Delhi-NCR)
- Material subsidiary
- Emirates Technologies Private Limited (80% held, acquired Sep 2015, operations in Delhi-NCR)
- Legacy manufacturing operations
- Discontinued; manufacturing land assets monetized
Quarterly results
Q1 FY27: revenue down 100.0%, net profit up 28.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 17 | 15 | 15 | 13 −19% | 3 −82% | 3 −80% | 0 −100% |
| EBITDA | 7 | 10 | 4 | 9 | 2 −71% | -2 −120% | -4 −200% | -3 −133% |
| Net profit | 8 | -2 | -7 | 14 | 76 +850% | 5 +350% | -3 +57% | 18 +29% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +8.3% 1Y
1Y: ₹333 on 10 Sept 2025 → ₹360.5. High ₹494.7 (6 Aug 2026), low ₹278.9 (30 Mar 2026).
Financials, as filed
Revenue fell 11.5% a year over 3 years, FY23 to FY26. Operating margin narrowed to 14.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹49 Cr | ₹84 Cr | ₹64 Cr | ₹34 Cr |
| Operating profit | ₹25 Cr | ₹54 Cr | ₹28 Cr | ₹5 Cr |
| Operating margin | 50.9% | 64.3% | 43.8% | 14.7% |
| Interest | ₹14 Cr | ₹15 Cr | ₹16 Cr | ₹8 Cr |
| Depreciation | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹9 Cr |
| Net profit | ₹5 Cr | ₹33 Cr | ₹9 Cr | ₹92 Cr |
| Net margin | 9.6% | 39.3% | 14.1% | 270.6% |
| Cash from operations | ₹32 Cr | ₹79 Cr | ₹100 Cr | ₹-7 Cr |
| Free cash flow | ₹32 Cr | ₹74 Cr | ₹-38 Cr | ₹-19 Cr |
| ROCE | 5.0% | 12.0% | 4.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹410 Cr | ₹405 Cr | ₹406 Cr | ₹605 Cr | ₹694 Cr | ₹658 Cr |
| Borrowings | ₹183 Cr | ₹178 Cr | ₹160 Cr | ₹153 Cr | ₹17 Cr | ₹15 Cr |
| Other liabilities | ₹57 Cr | ₹31 Cr | ₹37 Cr | ₹82 Cr | ₹142 Cr | ₹12 Cr |
| Total liabilities | ₹660 Cr | ₹624 Cr | ₹614 Cr | ₹851 Cr | ₹863 Cr | ₹696 Cr |
| Fixed assets | ₹345 Cr | ₹344 Cr | ₹340 Cr | ₹343 Cr | ₹234 Cr | ₹156 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹3 Cr | ₹4 Cr | ₹7 Cr |
| Investments | ₹272 Cr | ₹211 Cr | ₹216 Cr | ₹123 Cr | ₹597 Cr | ₹418 Cr |
| Other assets | ₹44 Cr | ₹69 Cr | ₹58 Cr | ₹381 Cr | ₹29 Cr | ₹115 Cr |
| Total assets | ₹660 Cr | ₹624 Cr | ₹614 Cr | ₹851 Cr | ₹863 Cr | ₹696 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count grew 13% to 8,570.
- Promoters
- 75.0%
- FIIs
- 0.0%
- DIIs
- 0.0%
- Public
- 24.9%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Dec '23: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Mar '24: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Jun '24: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Sep '24: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 25.0%.Dec '24: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Mar '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 25.0%.Jun '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 25.0%.Sep '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Dec '25: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.Mar '26: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 25.0%.Jun '26: Promoters 75.0%, FIIs 0.0%, DIIs 0.0%, Public 24.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Majestic Auto above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Anadi Investments Pvt Ltd | 74.61% | unchanged |
| Dipak Kanayalal Shah | 3.27% | unchanged |
| Rhea Dipak Shah | 1.49% | unchanged |
| Neka Dipak Shah | 1.44% | unchanged |
| Mahendra Girdharilal Wadhwani | 1.00% | unchanged |
| Renuka Munjal | 0.39% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Majestic Auto
Guides on how to read this kind of business and the numbers that matter.