MarketFriction

Maxgrow India Ltd

BSE 521167 · Gems, Jewellery And Watches
₹167.15 +1.98%
BSE close2026-10-01
Market cap₹642 Cr.
P/E1.10

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Dec 2013Jun 2014Sep 2014Dec 2014Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4451002,7583,5505,3056,1067,4657,385
Expenses5451002,7073,4815,2105,9947,2897,185
Operating Profit-0-000-0-0516995112176199
OPM %-12%-3.1%1.8%3.6%1.8%1.9%1.8%1.8%2.4%2.7%
Other Income00000-21000000
Interest000000000000
Depreciation000000000000
Profit before tax-1-000-0-21516995111176199
Tax %0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-0-000-0-21516995111176199
EPS in Rs-0.23-0.070.030.01-0.02-5.2012.6517.2023.6627.9143.9749.92
Mar 2025Mar 2026TTM
Sales2,75822,42626,261
Expenses2,70721,97525,679
Operating Profit50451582
OPM %1.8%2.0%2.2%
Other Income-2100
Interest000
Depreciation011
Profit before tax30450581
Tax %0%0%
Net Profit30450581
EPS in Rs7.42112.72145.46
Dividend Payout %0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%316%
Compounded Profit Growth%%%387%
Stock Price CAGR%%%938%
Return on Equity%%%25%
Mar 2025Mar 2026
Equity Capital2020
Reserves1,4442,052
Borrowings2972
Other Liabilities393892
Total Liabilities2,1542,966
Fixed Assets55
CWIP00
Investments01
Other Assets2,1482,960
Total Assets2,1542,966
Mar 2025Mar 2026
Cash from Operating Activity41211
Cash from Investing Activity01
Cash from Financing Activity-43-210
Net Cash Flow-11
Free Cash Flow41211
CFO/OP82%47%
Mar 2025Mar 2026
Debtor Days27847
Inventory Days00
Days Payable
Cash Conversion Cycle27847
Working Capital Days20832
ROCE %23%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters16.22%16.22%16.22%16.22%16.22%92.82%92.82%92.82%92.82%92.82%92.82%92.82%
Public83.77%83.77%83.77%83.77%83.77%7.19%7.19%7.18%7.18%7.18%7.19%7.19%
No. of Shareholders9,4129,4119,4089,4099,4048,8098,8252,3692,3332,2932,7473,174

Fundamentals

Market Cap₹ 642 Cr.
Current Price₹ 161
Stock P/E1.10
Book Value₹ 519
ROCE23.5 %
ROE25.5 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)316%
Compounded Profit Growth (TTM)387%
Consolidated figures.
Ownership
Promoter holding92.82% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Period521167Nifty 50Difference
1 week-2.1%-2.8% +0.7 pts
1 month+11.0%-6.8% +17.8 pts
3 months+200.7%-7.6% +208.3 pts
3 years+13600.8%+14.2% +13586.6 pts
5 years+13600.8%+27.9% +13572.9 pts

Red flags

No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹7,385 Cr +108.0% vs Jun 2025. Net profit ₹199 Cr +188.4%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03