Majestic Auto
303.65
+1.30(+0.43%)
Market Cap₹315.75 Cr
PE Ratio3.56
Company Performance:
1D+0.43%
1M-5.52%
6M-9.57%
1Y-2.74%
5Y+175.54%
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More news about Majestic Auto
29Aug 25
Majestic Auto Receives ₹70.8 Crore in Second Installment from Emirates Tech Stake Sale
Majestic Auto Limited has received a second payment of ₹70.80 crore from the sale of its 80% stake in Emirates Technologies Private Limited (ETPL). The total consideration for the transaction is ₹196.00 crore, with ₹195.45 crore already received and ₹0.55 crore pending. The sale agreement was entered on August 14, 2023, with completion expected by September 14, 2023. The buyers include Rhombus Infrazone Private Limited and several individuals, none associated with Majestic Auto's promoter group. Shareholder approval for the sale was obtained on August 25, 2023.
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14Aug 25
Majestic Auto Limited to Divest 80% Stake in Emirates Technologies for ₹1,960 Crores
Majestic Auto Limited has agreed to sell its 80% stake in Emirates Technologies Private Limited (ETPL) for ₹1,960 crores. The buyers include Rhombus Infrazone Private Limited, Equilateral Techpark Private Limited, and four individuals not associated with Majestic Auto's promoter group. An advance of ₹1,246.59 crores has been received, with the transaction expected to complete by September 14, 2025. The sale, representing 11.60% of Majestic Auto's consolidated net worth, was approved by shareholders and complies with SEBI regulations.
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08Aug 25
Majestic Auto Limited Reports Robust Q1 Performance with ₹13.30 EPS and 100% Total Dividend
Majestic Auto Limited, operating in real estate and management services, reported robust Q1 financial results. Consolidated revenue from operations was ₹1,539.34 lakhs, with a net profit of ₹1,382.67 lakhs and EPS of ₹13.30. Standalone figures showed revenue of ₹617.96 lakhs, net profit of ₹949.69 lakhs, and EPS of ₹9.13. The company announced a total dividend of ₹10 per share for the previous financial year, representing a 100% payout. Majestic Auto also received ₹4.08 crore as part of an ongoing ₹128.50 crore land sale agreement.
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Majestic Auto
303.65
+1.30
(+0.43%)
1 Year Returns:-2.74%
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