Price
Financials
Standalone, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1.89 | 3.82 | 2.80 | 2.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.30 | 13.27 | 10.02 |
| Expenses | 1.68 | 5.13 | 6.08 | 6.08 | 0.07 | 0.23 | 0.05 | 0.20 | 0.25 | 9.51 | 12.12 | 8.75 |
| Operating Profit | 0.21 | -1.31 | -3.28 | -3.28 | -0.07 | -0.23 | -0.05 | -0.20 | -0.25 | 0.79 | 1.15 | 1.27 |
| OPM % | 11.11% | -34.29% | -117.14% | -117.14% | 7.67% | 8.67% | 12.67% | |||||
| Other Income | 0.01 | 0.01 | 0.12 | 0.12 | 0.00 | 0.00 | 0.00 | -0.51 | -0.50 | 2.26 | 3.08 | 0.35 |
| Interest | 0.03 | -0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.15 | 0.15 | 0.13 | 0.13 | 0.05 | 0.05 | 0.04 | 0.04 | 0.09 | 0.04 | 0.03 | 0.24 |
| Profit before tax | 0.04 | -1.42 | -3.29 | -3.29 | -0.12 | -0.28 | -0.09 | -0.75 | -0.84 | 3.01 | 4.20 | 1.38 |
| Tax % | 25.00% | 1.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2.67% | 2.38% | 1.00% | 0.00% | 4.35% |
| Net Profit | 0.03 | -1.44 | -3.28 | -3.28 | -0.12 | -0.29 | -0.09 | -0.74 | -0.86 | 2.98 | 4.20 | 1.32 |
| EPS in Rs | 0.03 | -1.57 | -3.57 | -3.57 | -0.13 | -0.32 | -0.10 | -0.80 | -0.93 | 3.24 | 4.57 | 1.43 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37.62 | 28.45 | 13.49 | 13.71 | 18.86 | 11.83 | 5.70 | 4.72 | 0.00 | 0.00 | 14.59 | 23.29 |
| Expenses | 35.47 | 27.57 | 12.61 | 14.62 | 18.37 | 11.32 | 6.78 | 23.04 | 0.30 | 0.25 | 13.51 | 20.88 |
| Operating Profit | 2.15 | 0.88 | 0.88 | -0.91 | 0.49 | 0.51 | -1.08 | -18.32 | -0.30 | -0.25 | 1.08 | 2.41 |
| OPM % | 5.72% | 3.09% | 6.52% | -6.64% | 2.60% | 4.31% | -18.95% | -388.14% | 7.40% | 10.35% | ||
| Other Income | -0.66 | 0.21 | 0.11 | 1.59 | 0.02 | -0.10 | 0.01 | -0.45 | 0.00 | -0.50 | 2.27 | 3.43 |
| Interest | 0.27 | 0.08 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.75 | 1.00 | 0.74 | 0.58 | 0.46 | 0.37 | 0.31 | 0.19 | 0.11 | 0.09 | 0.07 | 0.27 |
| Profit before tax | -0.53 | 0.01 | 0.23 | 0.09 | 0.05 | 0.04 | -1.38 | -18.96 | -0.41 | -0.84 | 3.28 | 5.57 |
| Tax % | -13.21% | -500.00% | 26.09% | 33.33% | 20.00% | 50.00% | -0.72% | 0.00% | 0.00% | -2.38% | 0.91% | 1.08% |
| Net Profit | -0.45 | 0.06 | 0.16 | 0.07 | 0.03 | 0.02 | -1.37 | -18.96 | -0.41 | -0.82 | 3.25 | 5.52 |
| EPS in Rs | -0.49 | 0.07 | 0.17 | 0.08 | 0.03 | 0.02 | -1.49 | -20.61 | -0.45 | -0.89 | 3.53 | 6.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -2% | 33% | % | 60% | ||
| Compounded Profit Growth | 46% | 43% | 149% | 70% | ||
| Stock Price CAGR | -2% | -2% | 30% | % | ||
| Return on Equity | % | % | % | 67% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 0.92 | 0.92 | 0.92 |
| Reserves | 5.05 | 5.11 | 5.27 | 5.34 | 5.37 | 5.39 | 4.02 | -14.94 | -15.35 | 0.25 | 4.56 | 10.08 |
| Borrowings | 9.78 | 8.49 | 7.89 | 3.46 | 2.05 | 2.05 | 2.05 | 1.88 | 1.88 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 4.11 | 3.27 | 3.65 | 4.34 | 12.38 | 14.50 | 7.54 | 6.15 | 5.76 | 0.08 | 1.01 | 1.12 |
| Total Liabilities | 28.14 | 26.07 | 26.01 | 22.34 | 29.00 | 31.14 | 22.81 | 2.29 | 1.49 | 1.25 | 6.49 | 12.12 |
| Fixed Assets | 9.77 | 4.72 | 4.00 | 2.52 | 2.06 | 1.69 | 1.38 | 0.60 | 0.49 | 0.40 | 0.33 | 2.44 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 0.55 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 18.36 | 21.34 | 21.46 | 19.81 | 26.93 | 29.44 | 21.42 | 1.69 | 1.00 | 0.85 | 6.16 | 9.68 |
| Total Assets | 28.14 | 26.07 | 26.01 | 22.34 | 29.00 | 31.14 | 22.81 | 2.29 | 1.49 | 1.25 | 6.49 | 12.12 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3.49 | -3.02 | -0.86 | 3.23 | 1.04 | 0.03 | -0.02 | 0.19 | -0.68 | -6.38 | -2.10 | -2.38 |
| Cash from Investing Activity | -2.46 | 4.05 | -0.56 | 0.94 | 0.02 | 0.02 | 0.01 | 0.75 | 0.00 | 6.51 | 2.27 | 1.06 |
| Cash from Financing Activity | -0.30 | -0.52 | -0.60 | -3.76 | -1.41 | -0.01 | 0.00 | -0.17 | 0.00 | -0.24 | 1.06 | 0.00 |
| Net Cash Flow | 0.73 | 0.51 | -2.02 | 0.40 | -0.35 | 0.04 | 0.00 | 0.78 | -0.68 | -0.11 | 1.22 | -1.31 |
| Free Cash Flow | 1.03 | 1.03 | -0.88 | 4.15 | 1.04 | 0.03 | -0.02 | 0.19 | -0.68 | -6.38 | -2.10 | -4.75 |
| CFO/OP | 142% | -338% | -90% | -358% | 214% | 8% | 2% | -1% | 227% | 2,552% | -194% | -99% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 112.35 | 100.46 | 212.40 | 147.49 | 299.97 | 691.12 | 783.15 | 1.55 | 96.82 | 92.46 | ||
| Inventory Days | 2.90 | 8.65 | 55.54 | 53.25 | 34.02 | 92.02 | 186.61 | 0.00 | 0.00 | 0.00 | ||
| Days Payable | 34.27 | 42.65 | 139.85 | 79.26 | 251.68 | 532.03 | 517.27 | |||||
| Cash Conversion Cycle | 80.98 | 66.46 | 128.09 | 121.48 | 82.31 | 251.11 | 452.48 | 1.55 | 96.82 | 92.46 | ||
| Working Capital Days | 39.49 | 197.57 | 464.30 | 387.36 | 270.75 | 442.13 | 849.75 | -452.38 | 83.31 | 127.41 | ||
| ROCE % | 1.65% | -0.43% | 1.11% | -7.28% | 0.29% | 0.96% | -8.65% | -321.65% | 98.65% | 67.60% |
| Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% | 57.94% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% |
| Public | 42.06% | 42.06% | 42.06% | 42.05% | 42.06% | 41.88% | 41.87% | 41.87% | 41.87% | 41.87% | 41.88% | 41.88% |
| No. of Shareholders | 421 | 430 | 422 | 432 | 438 | 438 | 438 | 438 | 438 | 438 | 437 | 437 |
Fundamentals
Market Cap₹ 4.09 Cr.
Current Price₹ 4.45
Stock P/E0.74
Book Value₹ 12.0
ROCE67.6 %
ROE67.0 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)60%
Compounded Profit Growth (TTM)70%
Standalone figures.
Valuation
P/E, 3-year average0.10x
P/B, 3-year average0.14x
P/E, 5-year average0.10x
P/B, 5-year average-0.13x
Profitability
Operating margin (excl. other income)10.35%
Operating margin (incl. other income)25.08%
EBITDA margin25.08%
Pre-tax margin23.92%
Net profit margin23.70%
ROE66.99%
ROCE67.60%
ROA59.32%
ROE, 3-year average65.89%
ROCE, 3-year average83.12%
ROA, 3-year average27.82%
ROE, 5-year average-60.48%
ROCE, 5-year average-55.37%
ROA, 5-year average-17.86%
ROIC (approx.)51.54%
Tax rate1.08%
Other income / net worth31.18%
Growth
Sales growth (latest year)59.63%
Profit growth (latest year)69.85%
Sales CAGR, 5 years32.51%
Per share
EPS (TTM)Rs 6.01
EPS (latest year)Rs 60.00
EPS, 3-year averageRs 28.81
EPS, 5-year averageRs 13.07
Book value per shareRs 11.97
Sales per shareRs 25.34
Cash flow per shareRs -2.59
Free cash flow per shareRs -5.17
Efficiency
Asset turnover1.92x
Fixed asset turnover9.55x
Debtor days92 days
Debtors turnover3.95x
Creditor days517 days
Cash conversion cycle92 days
Working capital days127 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.05x
Owners' fund to total sources90.76%
Cash flow
Cash from Operating Activity (latest year)Rs -2 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -5 Cr
Statement figures
Net sales (TTM)Rs 23 Cr
Net sales (latest year)Rs 23 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 6 Cr
PBDT (TTM)Rs 6 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 6 Cr
Net profit (latest year)Rs 6 Cr
Depreciation (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 20 Cr
Total expenditure (latest year)Rs 21 Cr
Total income (latest year)Rs 27 Cr
Share capitalRs 1 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 11 Cr
Total assetsRs 12 Cr
Net blockRs 2 Cr
ReceivablesRs 6 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.92
Ownership
Promoter holding57.94% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was -137% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 65% of total assets in 2026 |
| look | Profit leans on other income Other income was 62% of pre-tax profit in 2026 |
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
Mar 2026Sales ₹10 Cr.
Net profit ₹1 Cr +278.4%.
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.
Quick answers
What is the market cap of Max Alert Systems Ltd?
Max Alert Systems Ltd (534563) has a market capitalisation of Rs 4.09 Cr. at the close.
What is the P/E ratio of Max Alert Systems Ltd?
Max Alert Systems Ltd trades at a P/E of 0.74 on trailing twelve-month profit, at the close.
What were Max Alert Systems Ltd's latest quarterly results?
In the Mar 2026 quarter, Max Alert Systems Ltd sales was Rs 10 Cr and net profit was Rs 1 Cr.