MAHACORP

Maharashtra Corporation financials

Market cap
₹23 Cr

Quarterly results

Q1 FY27: net profit up 23.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue0 1 0 0 0 −80%0 −100%0 0
EBITDA-0 0 -1 -0 0 +200%-0 −102%-0 +94%-0 +26%
Net profit-0 0 -1 -0 -0 +80%-0 −110%-0 +97%-0 +23%
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 −35.4% 1Y

₹0.30₹0.40₹0.50Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹0.48 on 9 Sept 2025 → ₹0.31. High ₹0.54 (16 Sept 2025), low ₹0.27 (27 Mar 2026).

Financials, as filed

Revenue fell 74.7% a year over 2 years, FY24 to FY26. Operating margin narrowed to -600.0%.

Year endingFY24FY25FY26
Revenue₹1 Cr₹2 Cr₹0 Cr
Operating profit₹0 Cr₹0 Cr₹-0 Cr
Operating margin53.8%20.6%-600.0%
Interest₹0 Cr₹0 Cr₹0 Cr
Depreciation₹0 Cr₹0 Cr₹0 Cr
Net profit₹0 Cr₹0 Cr₹-0 Cr
Net margin28.2%6.5%-740.0%
Cash from operations₹-30 Cr₹48 Cr₹1 Cr
Free cash flow₹-30 Cr₹-1 Cr₹0 Cr
ROCE0.3%0.2%-0.6%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹14 Cr₹14 Cr₹29 Cr₹62 Cr₹62 Cr₹62 Cr
Reserves₹-1 Cr₹-2 Cr₹-1 Cr₹-1 Cr₹-1 Cr₹-1 Cr
Borrowings₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other liabilities₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Total liabilities₹13 Cr₹12 Cr₹29 Cr₹62 Cr₹62 Cr₹62 Cr
Fixed assets₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹49 Cr₹50 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr
Other assets₹13 Cr₹11 Cr₹27 Cr₹60 Cr₹11 Cr₹10 Cr
Total assets₹13 Cr₹12 Cr₹29 Cr₹62 Cr₹62 Cr₹62 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 shrank 4% to 1,42,633.

Promoters
16.6%
Public
83.4%

Since Jun 2025

  • Public +0.02 pp
  • Promoters 0.00 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 16.3%, Public 83.7%.Dec '23: Promoters 16.3%, Public 83.7%.Mar '24: Promoters 16.3%, Public 83.7%.Jun '24: Promoters 16.6%, Public 83.4%.Sep '24: Promoters 16.6%, Public 83.4%.Dec '24: Promoters 16.6%, Public 83.4%.Mar '25: Promoters 16.6%, Public 83.4%.Jun '25: Promoters 16.6%, Public 83.4%.Sep '25: Promoters 16.6%, Public 83.4%.Dec '25: Promoters 16.6%, Public 83.4%.Mar '26: Promoters 16.6%, Public 83.4%.Jun '26: Promoters 16.6%, Public 83.4%.

Who was buying across the market this quarter →

Who is on the register

Named in the Jun 2026 filing

Every holder of Maharashtra Corporation Ltd. above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Sagar Portfolio Services Limited 9.82%unchanged
Epiphany Sales Private Limited 6.44%unchanged
Visagar Financial Services Limited 4.49%unchanged
Tilokchand Manaklal Kothari 2.23%unchanged
Phagun Enterprises Private Limited 1.76%unchanged
Fraternize Dealcomm Private Limited 1.45%unchanged
Asha Kothari 0.06%unchanged
Shalimar Productions Ltd 0.02%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 Maharashtra Corporation Ltd.

Guides on how to read this kind of business and the numbers that matter.