---
title: "Majestic Industries Ltd (MAJESTIND) — Share Price, Financials & Analysis"
symbol: "MAJESTIND"
company: "Majestic Industries Ltd"
canonical: "https://tapetide.com/stocks/MAJESTIND"
generated_at: "2026-10-13T10:58:21.215Z"
---

# Majestic Industries Ltd (MAJESTIND)

Canonical page: https://tapetide.com/stocks/MAJESTIND

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Majestic Industries (MAJESIN) has been trading in iron and steel products such as cold-rolled strips and sheets.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -51.0% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -567% | 9% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Sales | 3.84 | 0 | 0 | 0 |
| Expenses | 4.13 | 0.21 | 0.15 | 0.52 |
| Operating Profit | -0.29 | -0.21 | -0.15 | -0.52 |
| OPM % | -7.55 | — | — | — |
| Other Income | 0.21 | 0.19 | 0.12 | 0.49 |
| Interest | 0.06 | 0 | 0 | 0 |
| Depreciation | 0.05 | 0.03 | 0.01 | 0.01 |
| Profit before tax | -0.19 | -0.05 | -0.04 | -0.04 |
| Tax % | 0 | 0 | 0 | 0 |
| Net Profit | -0.19 | -0.05 | -0.04 | -0.04 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Equity Capital | 9.64 | 9.64 | 9.64 | 9.64 |
| Reserves | -9.33 | -9.38 | -9.42 | -9.46 |
| Borrowings | 0.2 | 0 | 0 | 0.14 |
| Other Liabilities | 1.04 | 0.93 | 0.78 | 0.47 |
| Total Liabilities | 1.55 | 1.19 | 1 | 0.79 |
| Fixed Assets | 0.23 | 0.09 | 0.04 | 0.04 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 1.32 | 1.1 | 0.96 | 0.75 |
| Total Assets | 1.55 | 1.19 | 1 | 0.79 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.35 | -0.1 | -0.11 | -0.18 |
| Cash from Investing Activity | 0.49 | 0.12 | 0.03 | 0.01 |
| Cash from Financing Activity | -0.98 | -0.2 | 0 | 0.14 |
| Net Cash Flow | -0.14 | -0.18 | -0.08 | -0.03 |
| Free Cash Flow | 0.84 | 0.02 | -0.08 | -0.17 |
| CFO/OP | -121 | 48 | 73 | 35 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 |
| --- | --- | --- | --- | --- |
| Debtor Days | 48.48 | — | — | — |
| Inventory Days | 0 | — | — | — |
| Cash Conversion Cycle | 48.48 | — | — | — |
| Working Capital Days | -1.9 | — | — | — |
| ROCE % | — | -36.36 | -12.5 | -74.07 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 6 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 12.31 | Sell |
| EMA (10) | 11.96 | Sell |
| SMA (20) | 11.84 | Buy |
| EMA (20) | 11.68 | Buy |
| SMA (50) | 10.79 | Buy |
| EMA (50) | 11.03 | Buy |
| SMA (100) | 10.55 | Buy |
| EMA (100) | 10.54 | Buy |
| SMA (200) | 9.39 | Buy |
| EMA (200) | 10.16 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.98 | Neutral |
| MACD (12,26,9) | 0.43 | Sell |
| Stochastic (14,3,3) | 28.19 | Neutral |
| ADX (14) | 20.8 | Neutral |
| Williams %R (14) | -65.42 | Neutral |
| ATR (14) | 0.59 | High Volatility |
| ROC (12) | 2.05 | Buy |
| Stoch RSI (14) | 15.8 | Buy |
| UO (7,14,28) | 46.02 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:21.215Z.