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Maha Rashtra Apex Corporation Limited
Maha Rashtra Apex Corporation Limited has been active since 1943, providing more than 83 years of industry experience. Maha Rashtra Apex Corporation Limited is registered with CIN L85110KA1943PLC001177 (reg. no. 1177). It is officially registered under the category of company limited by shares. Maha Rashtra Apex Corporation Limited is authorized to hold share capital worth ₹40.00 crore. It has a paid-up capital totaling ₹1,411.78.
The firm focuses on human health activities. It is registered in Bangalore. The company’s incorporation address is 3rd Floor, Front Wing North Block, Manipal Centre, Bangalore, Karnataka, India, 560001. It is officially listed as an active business entity. The company’s Permanent Account Number (PAN) is AACCM2741B. The company may be contacted through its official email: mracl.ho@manipal.com. The company is led by Jamsheed Minoo Panday (CFO).
Company Overview
- CIN
- Date of Incorporation
- 26/03/1943
- Company Status
- Active
- RoC
- Bangalore
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- Authorized Capital
- ₹40,00,00,000.00
- Paid up Capital
- ₹1,411.78
- Activity
- Human health activities
- mracl.ho@manipal.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Goa | 30AACCM2741B1ZB | Active |
| Karnataka | 29AACCM2741B1ZU | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8843B01012 | MAHA RASHTRA APEX CORPORATION LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | MH RA APEX CORP/SH VTG | ESVUFN |
| INE843B01013 | MAHA RASHTRA APEX CORPORATION LIMITED EQ | - | 12/10/2026 | MH RA APEX CORP/SH VTG | ESVUFN |
| INE843B20013 | MAHA RASHTRA APEX CORPORATION LIMITED REs - EQ RS. 10/- | - | 12/10/2026 | MH RA APEX CORP/ENTL RT | RSSXXN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹214.29L | ₹210.73L | ₹211.90L | ₹213.55L | ₹0.00L |
| Gross PPE | ₹227.21L | ₹770.14L | ₹769.43L | ₹768.81L | ₹0.00L |
| Inventory | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Debt | ₹47.88L | ₹48.60L | ₹628.45L | ₹618.68L | ₹0.00L |
| Common Stock | ₹1,411.78L | ₹1,411.78L | ₹1,411.78L | ₹1,411.78L | ₹0.00L |
| Current Debt | ₹47.88L | ₹0.00L | ₹610.41L | ₹610.94L | ₹626.81L |
| Share Issued | ₹261.02L | ₹261.02L | ₹261.02L | ₹261.02L | ₹0.00L |
| Total Assets | ₹53,612.48L | ₹54,311.85L | ₹53,379.84L | ₹20,902.69L | ₹0.00L |
| Capital Stock | ₹1,411.78L | ₹1,411.78L | ₹1,411.78L | ₹1,411.78L | ₹0.00L |
| Long Term Debt | ₹0.00L | ₹0.00L | ₹18.04L | ₹7.74L | ₹0.00L |
| Current Assets | ₹2,384.40L | ₹2,130.43L | ₹1,694.45L | ₹1,425.65L | ₹0.00L |
| Prepaid Assets | ₹1,401.92L | ₹0.00L | ₹1,413.26L | ₹13.51L | ₹13.63L |
| Working Capital | -₹5,334.89L | -₹5,596.73L | -₹7,072.86L | -₹8,173.33L | ₹0.00L |
| Invested Capital | ₹45,940.06L | ₹46,583.67L | ₹45,222.03L | ₹11,913.64L | ₹0.00L |
| Retained Earnings | ₹37,261.47L | ₹0.00L | ₹35,982.24L | -₹1,847.40L | ₹2,340.32L |
| Common Stock Equity | ₹45,892.18L | ₹46,583.68L | ₹44,593.58L | ₹11,294.96L | ₹0.00L |
| Net Tangible Assets | ₹45,892.17L | ₹46,583.67L | ₹44,593.57L | ₹11,294.92L | ₹0.00L |
| Tangible Book Value | ₹45,892.17L | ₹46,583.66L | ₹44,593.57L | ₹11,294.92L | ₹0.00L |
| Current Liabilities | ₹7,719.29L | ₹7,727.16L | ₹8,767.31L | ₹9,598.98L | ₹0.00L |
| Stockholders Equity | ₹45,892.18L | ₹46,583.68L | ₹44,593.58L | ₹11,294.96L | ₹0.00L |
| Other Equity Interest | ₹0.01L | ₹45,171.89L | ₹44,672.64L | ₹10,670.49L | ₹0.00L |
| Total Capitalization | ₹45,892.18L | ₹46,583.68L | ₹44,611.62L | ₹11,302.70L | ₹0.00L |
| Investment Properties | ₹351.86L | ₹354.40L | ₹266.66L | ₹273.30L | ₹0.00L |
| Ordinary Shares Number | ₹261.02L | ₹261.02L | ₹261.02L | ₹261.02L | ₹0.00L |
| Other Intangible Assets | ₹0.01L | ₹0.01L | ₹0.01L | ₹0.04L | ₹0.00L |
| Other Non Current Assets | ₹9.27L | -₹68.57L | -₹68.58L | -₹68.58L | ₹0.00L |
| Total Non Current Assets | ₹51,228.08L | ₹52,181.42L | ₹51,685.47L | ₹19,477.04L | ₹0.00L |
| Cash And Cash Equivalents | ₹299.71L | ₹321.75L | ₹77.77L | ₹324.98L | ₹0.00L |
| Construction In Progress | ₹201.72L | ₹0.00L | ₹201.72L | ₹201.72L | ₹201.72L |
| Accumulated Depreciation | -₹12.92L | -₹559.41L | -₹557.53L | -₹555.26L | ₹0.00L |
| Additional Paid In Capital | ₹1,148.10L | ₹0.00L | ₹1,174.49L | ₹1,174.49L | ₹1,174.49L |
| Other Short Term Investments | ₹610.77L | ₹351.87L | ₹132.76L | ₹1,021.86L | ₹0.00L |
| Machinery Furniture Equipment | ₹25.49L | ₹0.00L | ₹34.47L | ₹563.89L | ₹620.93L |
| Goodwill And Other Intangible Assets | ₹0.01L | ₹0.01L | ₹0.01L | ₹0.04L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹45,893.19L | ₹46,584.68L | ₹44,594.59L | ₹11,295.97L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹7,719.29L | ₹7,727.17L | ₹8,785.25L | ₹9,606.72L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹47.88L | ₹0.00L | ₹610.41L | ₹610.94L | ₹626.81L |
| Long Term Debt And Capital Lease Obligation | ₹0.00L | ₹0.00L | ₹18.04L | ₹7.74L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹910.48L | ₹673.62L | ₹210.53L | ₹1,346.84L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹0.00L | ₹0.01L | ₹17.94L | ₹7.74L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Free Cash Flow | -₹176.54L | -₹520.44L | -₹886.37L | -₹769.62L | ₹0.00L |
| Changes In Cash | -₹22.04L | ₹243.97L | -₹247.21L | -₹170.08L | ₹0.00L |
| End Cash Position | ₹299.71L | ₹321.75L | ₹77.77L | ₹324.98L | ₹0.00L |
| Financing Cash Flow | ₹150.56L | ₹551.48L | ₹10.36L | ₹73.50L | ₹0.00L |
| Investing Cash Flow | -₹1.98L | ₹122.60L | ₹628.80L | ₹525.38L | ₹0.00L |
| Operating Cash Flow | -₹170.62L | -₹430.11L | -₹886.37L | -₹768.96L | ₹0.00L |
| Capital Expenditure | -₹5.92L | -₹90.33L | ₹0.00L | -₹0.66L | -₹2.27L |
| Beginning Cash Position | ₹321.75L | ₹77.77L | ₹324.98L | ₹495.06L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | -₹615.13L | ₹2,380.51L | -₹3,893.07L | -₹4,176.10L | ₹0.00L |
| EBITDA | -₹610.31L | ₹2,384.16L | -₹3,889.03L | -₹4,172.06L | ₹0.00L |
| Basic EPS | -₹0.00L | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Net Income | -₹686.73L | ₹1,965.95L | -₹4,046.12L | -₹4,187.72L | ₹0.00L |
| Diluted EPS | -₹0.00L | ₹0.00L | ₹0.00L | -₹0.00L | ₹0.00L |
| Gross Profit | ₹156.84L | ₹19.07L | ₹634.53L | ₹20.58L | ₹0.00L |
| Pretax Income | -₹615.13L | ₹2,380.50L | -₹3,894.53L | -₹4,176.37L | ₹0.00L |
| Tax Provision | ₹71.60L | ₹414.55L | ₹151.59L | ₹11.35L | ₹0.00L |
| Total Revenue | ₹214.09L | ₹136.09L | ₹871.38L | ₹213.00L | ₹0.00L |
| Cost Of Revenue | ₹57.25L | ₹117.02L | ₹236.85L | ₹192.42L | ₹0.00L |
| Total Expenses | ₹214.05L | ₹284.69L | ₹391.11L | ₹391.22L | ₹0.00L |
| Interest Income | ₹61.79L | ₹0.00L | ₹52.55L | ₹580.79L | ₹183.32L |
| Interest Expense | ₹0.00L | ₹0.01L | ₹1.46L | ₹0.27L | ₹0.00L |
| Operating Income | ₹0.04L | -₹148.60L | ₹480.28L | -₹178.22L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | -₹675.48L | ₹1,276.75L | -₹4,137.00L | -₹4,192.31L | ₹0.00L |
| Normalized Income | -₹725.83L | ₹1,051.39L | -₹4,219.70L | -₹4,201.90L | ₹0.00L |
| Operating Expense | ₹156.80L | ₹167.67L | ₹195.43L | ₹198.80L | ₹0.00L |
| Operating Revenue | ₹214.09L | ₹136.09L | ₹871.39L | ₹213.00L | ₹0.00L |
| Net Interest Income | ₹61.75L | ₹39.07L | ₹50.63L | ₹580.32L | ₹0.00L |
| Total Unusual Items | ₹65.17L | ₹1,107.41L | ₹247.97L | ₹20.25L | ₹0.00L |
| Basic Average Shares | ₹261.02L | ₹261.02L | ₹261.02L | ₹261.02L | ₹0.00L |
| Diluted Average Shares | ₹261.02L | ₹261.02L | ₹261.02L | ₹261.02L | ₹0.00L |
| Total Other Finance Cost | ₹0.04L | ₹0.07L | ₹0.46L | ₹0.20L | ₹0.00L |
| Other Operating Expenses | ₹74.91L | ₹52.00L | ₹42.23L | ₹45.90L | ₹0.00L |
| Reconciled Depreciation | ₹4.82L | ₹3.65L | ₹4.04L | ₹4.04L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹57.25L | ₹117.02L | ₹236.85L | ₹192.42L | ₹0.00L |
| Rent Expense Supplemental | ₹4.45L | ₹12.56L | ₹18.73L | ₹19.19L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹26.07L | ₹192.85L | ₹74.39L | ₹6.08L | ₹0.00L |
| Interest Income Non Operating | ₹61.79L | ₹39.15L | ₹52.55L | ₹580.79L | ₹0.00L |
| Selling And Marketing Expense | ₹1.61L | ₹1.77L | ₹7.99L | ₹0.52L | ₹0.00L |
| Interest Expense Non Operating | ₹0.00L | ₹0.01L | ₹1.46L | ₹0.27L | ₹0.00L |
| Net Income Common Stockholders | -₹686.73L | ₹1,965.95L | -₹4,046.12L | -₹4,187.72L | ₹0.00L |
| Net Income Continuous Operations | -₹686.72L | ₹1,965.96L | -₹4,046.12L | -₹4,187.72L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | -₹686.73L | ₹1,965.95L | -₹4,046.12L | -₹4,187.72L | ₹0.00L |
| General And Administrative Expense | ₹44.03L | ₹68.66L | ₹82.17L | ₹85.62L | ₹0.00L |
| Selling General And Administration | ₹45.64L | ₹70.43L | ₹90.16L | ₹86.14L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | ₹65.17L | ₹1,107.41L | ₹247.97L | ₹20.25L | ₹0.00L |
| Net Non Operating Interest Income Expense | ₹61.75L | ₹39.07L | ₹50.63L | ₹580.32L | ₹0.00L |
| Net Income Including Noncontrolling Interests | -₹686.72L | ₹1,965.96L | -₹4,046.12L | -₹4,187.72L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | -₹686.73L | ₹1,965.95L | -₹4,046.12L | -₹4,187.72L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | -₹686.73L | ₹1,965.95L | -₹4,046.12L | -₹4,187.72L | ₹0.00L |
Company Performance (FY23–FY26)
₹8.7 Cr₹6.5 Cr₹4.4 Cr₹2.2 Cr₹0
FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 10/07/2006 | Bhoja K Shetty | 01451944 | Director | View other directorships |
| 31/03/2015 | Jyothi Vishweshwaraiah Bhadravathi | 07133349 | Director | View other directorships |
| 22/12/2017 | Aspi Nariman Katgara | 06946494 | Managing Director | View other directorships |
| 02/03/2018 | Jamsheed Minoo Panday | *****7417J | CFO | |
| 20/10/2020 | Yazdin Mistry | 07897995 | Director | View other directorships |
| 23/03/2022 | Vidya Mananjay More | 06904529 | Director | View other directorships |
| 29/05/2024 | Nagarajan Sivaramakrishnan | 03060429 | Director | View other directorships |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 7
- Aspi Nariman KatgaraManaging Director
- Nagarajan SivaramakrishnanDirector
- Vidya Mananjay MoreDirector
- Yazdin MistryDirector
- Jyothi Vishweshwaraiah BhadravathiDirector
- Bhoja K ShettyDirector
- Jamsheed Minoo PandayCFO
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 04/12/2024 | Form AOC-4(XBRL)-04122024-signed | - |
| 23/11/2024 | Form MGT-7-23112024_signed | - |
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Address
3rd Floor, Front Wing North Block, Manipal Centre, Bangalore, Karnataka, India, 560001
Frequently Asked Questions
What is the incorporation date of Maha Rashtra Apex Corporation Limited?
The incorporation date of Maha Rashtra Apex Corporation Limited is 26/03/1943.
What is the authorized share capital and paid-up capital of Maha Rashtra Apex Corporation Limited?
The authorized share capital of Maha Rashtra Apex Corporation Limited is ₹40,00,00,000.00. The paid-up capital is ₹1,411.78.
Who are the current board members & directors of Maha Rashtra Apex Corporation Limited?
The current board member of Maha Rashtra Apex Corporation Limited are:
- Aspi Nariman Katgara
- Yazdin Mistry
- Bhoja K Shetty
- Jyothi Vishweshwaraiah Bhadravathi
- Vidya Mananjay More
- Nagarajan Sivaramakrishnan
What is the registered address of Maha Rashtra Apex Corporation Limited?
The registered address of Maha Rashtra Apex Corporation Limited is 3rd Floor, Front Wing North Block, Manipal Centre, Bangalore, Karnataka, India, 560001.
What is the Corporate Identification Number of Maha Rashtra Apex Corporation Limited?
The Corporate Identification Number of Maha Rashtra Apex Corporation Limited is L85110KA1943PLC001177.