Maharashtra Corporation Share Price

Maharashtra Corporation Limited (MCL) is a diversified trading and real estate company in India, primarily engaged in the trading and distribution of a wide range of textile products, commodities, and goods. The company’s diverse product portfolio includes gunnies, handicrafts, hessian, tea, shellac, tobacco, hides, skins, kapocks, cotton, cotton goods, etc., and other related products. It also engages in the real estate business, including the acquisition of plots for development. The Maharashtra Corporation share price on the NSE and BSE is a reflection of how market participants respond to its performance and broader business developments within its industry. It captures the company’s sentiment among investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Market sentiment around the Maharashtra Corporation stock price often mirrors shifts in commodity demand patterns, fluctuations in global and domestic commodity prices, and investor views on the trading sector’s growth prospects. Factors such as the pace of business diversification, competitive intensity from other trading companies, raw material price fluctuations, and government policies on import-export influence near-term market valuation and medium-term earnings forecasts. All these factors must be closely monitored to have an idea about the Maharashtra Corporation stock price movements.

Maharashtra Corporation live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant monitoring of Maharashtra Corporation live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Maharashtra Corporation share price today helps investors understand real-time market sentiment, price volatility, and trading behavior. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Maharashtra Corporation Limited Company Fundamentals

a. Company Background

Maharashtra Corporation Limited was incorporated in 1982. The company’s registered office is located in Mumbai, Maharashtra. The company was formerly known as Maharashtra Overseas Limited and changed its name to Maharashtra Corporation Limited in March 2011. It was originally incorporated as a private company and later converted to a public limited company. The company’s primary activity involves investing, trading, and distributing various textile products, commodities, and goods. It initially focused on building a strong foothold in the commodity trading market before gradually expanding into real estate and other related sectors. The company has transitioned from its original focus on leasing and investments since its incorporation. Over the years, Maharashtra Corporation has expanded its product portfolio to include a diverse range of items from agricultural commodities to industrial goods. It operates in a competitive environment, with pricing and distribution governed by market forces and client requirements. The company has consistently focused on enhancing its trading network to meet the growing demand for commodities in India. The company is based in Mumbai, India and has a market capitalization of around ₹24 crore.

b. Product Lines

• Gunnies, handicrafts, hessian, tea, shellac, tobacco, hides, skins, kapocks, cotton, cotton goods

• Myrobalan, nux, indigo, oils, oilcakes, fertilizers, manure, rubber, dates, rice, seeds

• Chemicals, color, paints, pigments, timber, iron, steel, carpets, and other related products

• Real estate business including acquisition of plots for development and property management

• Trading and distribution of agricultural commodities including food products

• Import and export of handicraft items and other goods

• Investing and trading across diverse product categories

c. Company Revenue Model

• Primary revenue from trading and distribution of textile products, agricultural commodities, and industrial goods

• Volume-driven revenue based on quantity of commodities traded across diverse product categories

• Pricing determined by global and domestic commodity prices, supply-demand dynamics, and market conditions

• Revenue from real estate business including property development and plot sales

• Revenue from investing activities across various financial instruments

• Expanding product portfolio contributing to new customer acquisition and revenue streams

• Focus on increasing share of high-margin product categories to drive better profitability

• Revenue from both domestic Indian market serving local traders and industries

• Seasonal variations in commodity demand affecting revenue patterns throughout the year

• Government policy changes and import-export regulations influencing revenue stability

d. Geographic Presence

• Headquartered in Mumbai, Maharashtra with registered office at 907/908, Dev Plaza, 9th Floor, Opp. Andheri Fire Station, S V Road, Andheri (West), Mumbai – 400058

• Strong domestic market presence across India serving diverse industries and trading partners

• Focus on expanding into new geographical areas across India through enhanced trading network

• Operations primarily concentrated in western India with delivery capabilities across the country

• Strategic expansion through diversification into real estate sector including plot acquisitions

e. Key Milestones

• 1982: Incorporated as Maharashtra Overseas Limited

• 2011: Name changed from Maharashtra Overseas Limited to Maharashtra Corporation Limited in March 2011

• 2025: Company reported revenue of ₹2 crore in FY2024-25 with net profit of ₹0.11 crore

• 2025: Acquired plots totaling 2140 sq yards for real estate development

f. Industry Perspective

Maharashtra Corporation Limited operates in the trading and distribution industry, which is part of India’s broader wholesale trade sector. Globally, the commodity trading market continues to expand with the Asia-Pacific region being the largest consumer. In India, the trading and distribution sector is poised for substantial growth driven by rising domestic consumption, increasing agricultural production, and expanding industrial base. According to industry reports, India’s wholesale trade market is projected to grow at a CAGR of approximately 8-10% over the next five years, supported by government initiatives to improve supply chain infrastructure and ease of doing business. The trading sector contributes significantly to India’s GDP and employment. Demand is driven by rising disposable incomes, increasing agricultural output, growing industrial production, and government initiatives like the National Logistics Policy and PM Gati Shakti. The commodity trading market is also benefiting from the government’s focus on doubling farmers’ income and improving agricultural marketing infrastructure through the e-NAM platform. Key challenges include price volatility in global commodity markets, intense competition from organized and unorganized players, working capital management issues, and regulatory changes affecting import-export trade.

Maharashtra Corporation Limited Stock Market Presence: Listings & Index Representation

Maharashtra Corporation is actively traded on India’s principal equity market, with its shares listed on the Bombay Stock Exchange (BSE) under the scrip code 505523. The company is not currently listed on the National Stock Exchange (NSE). Its listing on the BSE ensures that the Maharashtra Corporation share price is accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of BSE Group B2 and is a constituent of BSE SmallCap indices. Being represented in indices enhances the visibility and liquidity of the Maharashtra Corporation price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India’s trading and distribution landscape. The inclusion of Maharashtra Corporation in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the Maharashtra Corporation share price to corporate and industry developments. The company’s ISIN code is INE272E01027 and face value is ₹1 per share.

Maharashtra Corporation Limited Stock Performance and Share Price History

The Maharashtra Corporation share price has exhibited significant volatility over the past decade, shaped by the company’s transition from a leasing and investment focus to a diversified trading business and broader industry cycles. The Maharashtra Corporation share price recorded a total return of approximately -42.42% over the last 1 year, underperforming broader market indices and reflecting near-term headwinds including weak financial performance and profitability challenges. The Maharashtra Corporation share price delivered a 5-year total return of -3.5% and a 10-year total return of 4.6%, demonstrating weak long-term wealth creation. The Maharashtra Corporation share price reached a 52-week high of ₹0.81 and a 52-week low of ₹0.25, indicating a wide trading range and substantial price fluctuations. The Maharashtra Corporation share price recorded a strong rally in 2020, delivering a substantial positive annual return of 340.0%, while the subsequent period has seen the Maharashtra Corporation stock price moderate and correct from its peak levels. The Maharashtra Corporation share price has shown a 1-month return of approximately -9.52% and a 3-month return of -15.56% as of April 2026, indicating recent consolidation.

The Maharashtra Corporation stock price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported a net profit of ₹0.11 crore in FY2025, the Maharashtra Corporation price showed a muted reaction. The Maharashtra Corporation price has shown a pattern of strong positive momentum in years when the company’s trading volume exceeded expectations, while periods of earnings moderation or concerns over regulatory headwinds have contributed to consolidation in the Maharashtra Corporation price. Corporate developments, including strategic announcements such as the acquisition of plots for real estate development, have also influenced short-term fluctuations in the Maharashtra Corporation price. The Maharashtra Corporation share price has shown a 1-year return of approximately -42.42% as of April 2026, reflecting the significant correction from its 2020 highs. The Maharashtra Corporation share price has shown a 10-year aggregate net profit of ₹-1.80 crore, reflecting the company’s inconsistent profitability over the long term. The Maharashtra Corporation share price reached its 52-week high of ₹0.81 before declining to its 52-week low of ₹0.25, reflecting the volatility inherent in the trading space. The Maharashtra Corporation share price has shown a year-to-date return of approximately -11.6% as of April 2026, indicating continued pressure in the current fiscal year. Comprehending these patterns in the Maharashtra Corporation price is instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Maharashtra Corporation price movements illustrate how industry fundamentals, commodity price cycles, and investor expectations converge in market pricing.

The Maharashtra Corporation price has shown distinct seasonal patterns over the past decade. The best performing year historically was 2020 with a positive return of 340.0%, followed by 2021 with a return of 98.5% and 2022 with a return of 56.3%. Historically, the stock has shown positive annual returns in 5 out of the last 10 years. In terms of annual performance, the Maharashtra Corporation price delivered returns of -44.4% in 2019, 340.0% in 2020, 98.5% in 2021, 56.3% in 2022, -14.5% in 2023, -52.1% in 2024, and -45.6% in 2025. The Maharashtra Corporation price has demonstrated that the stock tends to perform better in periods of strong commodity demand and supportive economic policies, while underperforming during phases of market corrections and intense competition. The Maharashtra Corporation stock price has shown a 3-year total return of -34.5%, indicating the challenges faced in the trading sector in recent years. The Maharashtra Corporation stock price has shown a 5-year total return of -3.5%, reflecting near-flat performance over this period. The Maharashtra Corporation stock price has shown a 10-year total return of 4.6%, with the stock delivering a 10-year price CAGR of 0.5%. The Maharashtra Corporation stock price continues to trade at a significant discount from its 52-week high of ₹0.81, standing at around ₹0.38 levels as of April 2026.

Maharashtra Corporation Limited Investor Relevance and Role in Portfolio

Maharashtra Corporation holds a limited position for portfolio investors who seek exposure to India’s trading and distribution sector with a focus on diversified commodities. The company’s presence in agricultural commodities and real estate aligns it with investment strategies that value diversification and commodity market exposure. The Maharashtra Corporation price often mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor commodity price trends, trading volumes, and real estate developments when evaluating allocation decisions.

Institutional stakeholders play a minimal role in Maharashtra Corporation’s ownership profile. As of December 2025, Promoters hold 16.62% of the company. Mutual funds hold 0% of the company. Key mutual fund holders include no mutual fund schemes holding the stock. Foreign Institutional Investors (FIIs) hold 0% of the company, while Domestic Institutional Investors (DIIs) hold 0%. Insurance companies hold 0% of the company. Retail and other shareholders (Non-Institutional Investors) hold 83.38% of the company. Key institutional holders include no institutional investors. These investors represent a retail-heavy ownership structure with no institutional presence that contributes to the stock’s market liquidity within broader investment frameworks.

Based on data, Maharashtra Corporation exhibits varying levels of beta and volatility across different measurement periods. Based on data, the long-term beta stands at approximately 1.13 according to Business Today, while the Economic Times Malayalam reports a beta of -0.0187, and Simply Wall St reports a beta of 0.26, reflecting different measurement periods and methodologies. Based on data, the daily-one month beta shows moderate correlation, while the daily-three month beta indicates moderate sensitivity. Based on data, the weekly-one year beta shows varying correlation levels. Based on data, the weekly-two year beta shows low correlation, and the 2 week-two year range beta is also low. Based on data, the monthly-two year beta continues to show moderate correlation. Supporting statistics include mean values across different periods and standard deviations indicating high variability. The weekly volatility stands at approximately 4.8%, which is lower than the retail distributors industry average of 5.3%. Overall, Maharashtra Corporation demonstrates a high volatility profile with beta values suggesting the stock tends to move with varying sensitivity to broader market direction over different time frames.

The Maharashtra Corporation price has shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Maharashtra Corporation price’s beta reflects that the company’s diversified trading business may provide some stability, though the trading sector remains sensitive to commodity price fluctuations and economic cycles.

Maharashtra Corporation Limited Sectoral Relevance and Peer Positioning

The sector relevance of Maharashtra Corporation is anchored in its role within the broader Indian trading and distribution industry, where it competes with other trading and distribution companies. As part of this industry, the company’s strategic positioning connects agricultural commodities, textile products, and industrial goods to customers across India. Competitors in the trading and distribution segment include companies such as A F Enterprises Ltd., Aar Shyam India Investment Company Ltd., Aastamangalam Finance Ltd., Abate As Industries Ltd., Abhinav Capital Services Ltd., and other domestic players. In the broader real estate and trading space, competitors include Bajaj Auto Ltd., Maruti Suzuki India Ltd., Escorts Kubota Ltd., Mahindra & Mahindra Ltd., Hero MotoCorp Ltd., Atul Auto Ltd., TVS Motor Company Ltd., Force Motors Ltd., Ashok Leyland Ltd., and Tata Motors Ltd. Firms with parallels in either product range or distribution scale are often referenced when evaluating relative performance and operational positioning within the sector.

In valuation terms, factors like the Maharashtra Corporation P/E ratio have shown variations over different periods. The current P/E ratio is negative at approximately -14.84 to -19.00 due to the company reporting losses in recent quarters, with the industry P/E standing at approximately 25.22. Periods when investors perceived improvements in profitability or earnings sustainability have corresponded with expansion in valuation multiples, whereas phases of moderation in earnings momentum or industry cyclicality have seen valuation contraction.

Similarly, Maharashtra Corporation EPS has shown variation according to how operational performance aligns with industry demand cycles and cost structures. Structural gains from trading volume expansion supported directional improvement in earnings per share during favourable conditions, while cyclical headwinds from commodity price volatility and competitive pressures have moderated EPS momentum. Maharashtra Corporation earnings have shown a trajectory that responded to both volume growth and margin pressures over the analysed period. The diluted EPS has shown significant variation, turning negative in recent years.

Maharashtra Corporation market cap has fluctuated in line with investor perceptions of the company’s growth potential in a competitive and evolving trading market. Over years, the Maharashtra Corporation market cap has followed a pattern of significant growth followed by moderation. The market cap decreased from approximately ₹24 crore in recent periods to ₹19.90 crore as of April 2026. This fluctuation mirrors the trend in the Maharashtra Corporation share price and the broader performance of the trading sector relative to broader market indices.

Maharashtra Corporation earnings over the past several years have been characterised by a period of growth followed by recent moderation. Net income increased from ₹0.15 crore in FY2024 to ₹0.11 crore in FY2025, representing a decline of 30.41%. The company’s revenue grew from ₹1 crore in FY2024 to ₹2 crore in FY2025, a growth of 98.72%. For the trailing twelve months (TTM) as of April 2026, revenue was ₹0.45 crore with net profit of ₹-1.09 crore. For the quarter ended December 2025, revenue was ₹0 crore with net profit of ₹-0.04 crore.

Maharashtra Corporation EPS has shown variation over the past decade. The diluted EPS stood at ₹-0.02 (TTM) according to various sources, a decline of 30.41% year-on-year. The EPS growth rate has shown significant variation, with the company delivering positive EPS in some years and negative in others. According to historical data, EPS was ₹0.01 in FY2021, ₹-0.01 in FY2022, ₹0.01 in FY2023, ₹0.00 in FY2024, and ₹0.00 in FY2025.

The Maharashtra Corporation P/E ratio has shown fluctuations over the available period. At the end of recent fiscal years, the P/E ratio has remained negative due to negative earnings, with current levels at approximately -14.84x across different sources, while the industry P/E stands at approximately 25.22. The mean historical P/E ratio over the last five years has been negative. The current negative P/E ratio compared to the historical average reflects that investor expectations are adjusting to near-term earnings headwinds. The Maharashtra Corporation share price has been influenced by these valuation metrics. The Maharashtra Corporation price continues to be evaluated in the context of its earnings potential and market position.

Summary

Maharashtra Corporation Limited is a diversified trading and real estate company listed on the BSE, where the Maharashtra Corporation share price reflects commodity demand cycles, trading volumes, and business diversification within the trading sector. Its representation on stock exchanges supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader trading industry themes. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in India’s trading and distribution market.