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MR

Majestic Research Services & Solutions

539229 BSE
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MCP

No trades in 1Y

Key Insights

No strengths listed

Weaknesses

1
  • Company has low interest coverage ratio.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBearish973
OscillatorsBullish072
Moving AveragesStrong Bearish901

Key readings

RSI (14)
43.05
Neutral
MACD (12,26,9)
−0.18
Bullish
SMA (50)
5.42
Bearish
SMA (200)
7.44
Bearish

As of , the latest day with price data, so these readings are not current.

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
10Y−100.00%
5Y−100.00%
3YIrregular period
1YZero base

Net profit

Net profit growth by window
10YTurned to loss
5YLoss narrowed by ₹8 Cr
3YIrregular period
1YTurned to loss

Operating cash flow

Operating cash flow growth by window
10Y+28.21%
5YZero base
3YIrregular period
1YZero base

Operating margin· change in pp

Operating margin growth by window
10YNo sales
5YTiny sales
3YIrregular period
1YNo sales

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2015₹6.00 Cr
Mar 2016₹11.00 Cr
Mar 2017₹23.00 Cr
Mar 2018₹46.00 Cr
Mar 2019₹56.00 Cr
Mar 2020₹21.00 Cr
Mar 2021₹1.00 Cr
Mar 2024₹0.00 Cr
Mar 2025₹0.00 Cr
Mar 2026₹0.00 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2015₹1.00 Cr
Mar 2016₹2.00 Cr
Mar 2017₹5.00 Cr
Mar 2018₹11.00 Cr
Mar 2019₹10.00 Cr
Mar 2020−₹6.00 Cr
Mar 2021−₹23.00 Cr
Mar 2024₹0.00 Cr
Mar 2025₹0.00 Cr
Mar 2026−₹15.00 Cr

Half-yearly Results

₹ Cr
539229 half-yearly results, ₹ crore
Particulars Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Sep 2025Mar 2026
Sales
27
20
1
0
1
1
0
0
Expenses
16
14
7
0
19
5
0
0
Operating Profit
11
6
−7
0
−19
−4
0
0
OPM %
40%
30%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
−831%
—
—
Other Income
0
0
0
0
0
0
−15
0
Interest
1
1
0
0
0
0
0
0
Depreciation
3
2
2
1
2
1
0
0
PBT
7
3
−9
−1
−21
−5
−15
0
Tax %
29%
30%
−10%
0%
0%
0%
0%
0%
Net Profit
5
2
−8
−1
−21
−5
−15
0
EPS (₹)
5.11
2.19
−8.07
−1.39
−21.12
−4.97
−15.35
−0.09

Profit & Loss

₹ Cr
539229 profit and loss, annual, ₹ crore
Particulars Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025Mar 2026
Sales
0
2
6
11
23
46
56
21
1
0
0
0
Expenses
0
2
4
8
15
29
36
21
21
0
0
0
Operating Profit
0
0
1
3
7
17
20
0
−20
0
0
0
OPM %
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
10%
20%
27%
33%
37%
36%
−2.2%
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
—
—
Other Income
0
0
0
0
0
0
0
0
0
0
0
−15
Interest
0
0
0
0
0
1
1
1
0
0
0
0
Depreciation
0
0
0
0
0
1
4
5
2
0
0
0
PBT
0
0
1
3
7
16
15
−6
−23
0
0
−15
Tax %
100%
32%
32%
32%
34%
29%
29%
0%
0%
0%
0%
0%
Net Profit
0
0
1
2
5
11
10
−6
−23
0
0
−15
EPS (₹)
0.07
0.22
0.87
2.32
4.63
10.93
10.37
−5.88
−22.5
−0.18
−0.11
−15.44
Div. Payout %
0%
0%
0%
0%
0%
5%
0%
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
539229 balance sheet, annual, ₹ crore
Particulars Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025Mar 2026
Equity Capital
0.75
3
3
4
5
10
10
10
10
—
—
10
Reserves
0
0
1
3
15
21
32
26
3
—
—
−12
Borrowings
0
0
1
1
0
12
10
13
13
—
—
9
Other Liabilities
0
1
1
2
4
10
16
18
18
—
—
0
Total Liabilities
1
4
6
9
25
53
68
67
44
—
—
7
Fixed Assets
0
0
0
0
1
6
14
9
6
—
—
6
CWIP
0
0
0
0
0
0
0
0
0
—
—
0
Investments
0
0
0
0
0
3
3
3
3
—
—
0
Other Assets
1
4
5
9
24
44
52
55
35
—
—
0
Total Assets
1
4
6
9
25
53
68
67
44
—
—
7

Cash Flow

₹ Cr
539229 cash flow, annual, ₹ crore
Particulars Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025Mar 2026
Operating
−1
−2
−1
1
4
15
−9
−6
0
—
0
12
Investing
0
0
0
0
0
−9
−12
0
0
—
0
3
Financing
1
2
1
0
8
8
−2
5
0
—
0
−17
Net Cash Flow
0
0
0
1
12
13
−23
0
0
—
0
−2
Free Cash Flow
−1
−2
−1
0
3
8
−21
−5
0
—
0
12
CFO/OP
−7,400
−970
−64
26
63
87
−44
−1,063
0
—
33
−4,193

Ratios

539229 financial ratios, annual
Particulars Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2024Mar 2025Mar 2026
Debtor Days
—
331
309
203
164
126
266
716
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
—
—
Cash Conversion Cycle
—
331
309
203
164
126
266
716
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
—
—
—
Working Capital Days
—
467
219
183
108
28
182
513
5,622
—
—
—
ROCE %
—
10%
21%
48%
52%
52%
34%
−10%
−60%
—
—
—

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Majestic Research Services & Solutions insights

58 extracted metrics across FY13–FY26.

Shareholding Pattern

As of Mar 2026

  • Promoters 51.24%
  • Public 41.90%
  • DIIs 6.86%

Pledge data not available

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Majestic Research Services & Solutions

What does Majestic Research Services & Solutions Ltd do?
Majestic Research Services and Solutions Limited is an India-based market research agency. The Company offers a range of qualitative and quantitative research services both nationally and internationally.
Where is Majestic Research Services & Solutions Ltd (MRSS) listed?
Majestic Research Services & Solutions Ltd trades under code 539229 on the BSE.
Which sector does Majestic Research Services & Solutions Ltd belong to?
Majestic Research Services & Solutions Ltd is classified under the Diversified sector.

Company Information

Majestic Research Services and Solutions Limited is an India-based market research agency. The Company offers a range of qualitative and quantitative research services both nationally and internationally.

Listed 16 Jul 2015
Face Value ₹10

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