Earns revenue from two segments: real estate & management services, which contributed 88.8% of period segment revenue at Rs 28.99 crore, and rental income, which contributed 11.2% at Rs 3.67 crore. Filings describe the company as having shifted from its earlier moped-making business to commercial real estate in Noida and Delhi, and it recently completed the sale of about 54,312 sq. metres of leasehold property at Ecotech-I Extension, Greater Noida, to Cyrrus Manufacturing LLP for Rs 143.51 crore (sale deed executed March 30, 2026). It also divested its entire stake in subsidiary Emirates Technologies Private Limited for Rs 196 crore in September 2025, which produced an exceptional gain of Rs 12,280 lakh and is the main reason FY26 net profit of Rs 92.78 crore far exceeds revenue from operations. The company has signed a Consent and Settlement Agreement to implement the Resolution Plan of Sharan Hospitality Pvt Ltd, a hospitality-sector entity, subject to Supreme Court approval, with a total plan value of about Rs 105.4 crore. Cost structure for FY26 is dominated by other opex (36.4% of revenue), materials (27.6%), depreciation (22.8%) and employee costs (22.7%). AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Real estate & management services (89%), Rental (11%). Asset-heavy commercial real estate and rental; transitioned away from moped manufacturing.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 49 | 50 | 83 | 64 | 35 |
| EBITDA (ex other income) | 30 | 25 | 54 | 28 | 98 |
| margin % | 60.9 | 49.8 | 64.6 | 43.7 | 277.3 |
| Owners' profit | 9 | 4 | 182 | 7 | 92 |
| EPS, as reported (₹) | 10.15 | 4.54 | 31.83 | 8.46 | 89.23 |
| ROE % · ROCE % | 2.5 · 5.5 | 1.1 · 4.5 | 5.3 · 9.8 | 1.4 · 3.9 | 13.9 · 19.5 |
| Debt / equity (x) | 0.39 | 0.35 | 0.22 | 0.20 | 0.00 |
| Cash from operations | 19 | 32 | 79 | 100 | (7) |
| Capex | (0) | (0) | (5) | (116) | (10) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 | 16 | 17 | 15 | 15 | 13 | 3 | 3 |
| Profit before tax | 15 | 10 | (2) | (5) | 19 | 105 | 7 | (6) |
| Net profit | 10 | 8 | (2) | (7) | 14 | 76 | 5 | (3) |
| EPS (₹) | 9.94 | 7.59 | (2.16) | 6.91 | 13.30 | 73.22 | 5.24 | 2.53 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 13,611 | 22.3 | 9.15 | 13.1 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L | 9,297 | 106.7 | 31.07 | 5.9 | 25.0 | 1.0 | — | 66.5 |
| NESCO LTD. | 7,728 | 18.6 | 2.58 | 13.1 | 13.8 | 14.8 | 26.2 | 68.9 |
| INOX GREEN ENERGY SER LTD | 7,175 | 57.5 | 4.18 | 42.6 | 6.0 | 9.0 | — | 131.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 4 Sept 2026 · Majestic Auto completes Rs 105 cr infusion into SHPL Resolution Plan | regulatory legal | high | — | — |
| 4 Sept 2026 · Majestic Auto completes acquisition of Sharan Hospitality; SHPL now wholly owned subsidiary | strategic transactions | high | — | — |
| 1 Sept 2026 · Majestic Auto infuses Rs 35.79 cr in SHPL resolution plan | regulatory legal | medium | — | — |
| 24 Aug 2026 · Majestic Auto implements SHPL resolution plan, eyes Rs 29.28 cr gain | regulatory legal | high | — | — |
| 24 Aug 2026 · Majestic Auto begins Sharan Hospitality Resolution Plan implementation | regulatory legal | high | — | — |
| 24 Aug 2026 · Acquires Sharan Hospitality under resolution plan, eyes about Rs 29 cr gain | regulatory legal | high | — | — |
| 17 Aug 2026 · Majestic Auto 53rd AGM: All 3 resolutions passed unanimously | board shareholder meetings | low | — | — |
| 17 Aug 2026 · 53rd AGM: All 3 resolutions passed with 100% votes in favour | board shareholder meetings | medium | — | — |
| 17 Aug 2026 · 53rd AGM held; final dividend approved, Rs 135 crore investment planned | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Q1 FY27 Results Published in Business Standard Newspapers | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| SMARTWORKS COWORKING SP L |
| 6,079 |
| 218.0 |
| 11.45 |
| 5.1 |
| 2.0 |
| 0.3 |
| — |
| 65.8 |
| NIRLON LTD | 5,526 | 16.0 | 11.79 | — | 73.8 | 18.1 | — | 79.4 |
| QUESS CORP LIMITED | 5,174 | 20.4 | 4.43 | 15.6 | 19.0 | 14.4 | 7.1 | 2.6 |
| INDIQUBE SPACES LIMITED | 4,272 | — | 8.30 | — | (20.7) | (2.5) | — | 67.3 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 3.9 | 14.3 | 17 of 89 | 82% |
| P/B | 0.6 | 1.5 | 18 of 92 | 81% |
| ROCE | 18.4 | 3.2 | 9 of 105 | 92% |
| ROE | 13.9 | 3.1 | 21 of 116 | 83% |
| Debt / Equity | 0.0 | 0.0 | 3 of 116 | 60% |
| EBITDA margin | (101.6) | 25.4 | 85 of 92 | 8% |
| Revenue growth | (76.6) | 16.2 | 87 of 91 | 4% |
| Profit growth | 63.4 | 5.2 | 37 of 110 | 67% |
| Market cap | 380 | 56 | 27 of 104 | 75% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.