Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 24.76 | 25.85 | 36.96 | 39.22 | 35.84 | 36.91 | 44.88 | 39.52 | 45.84 | 43.45 | 56.00 | 59.91 |
| Expenses | 22.78 | 22.29 | 36.59 | 36.14 | 32.36 | 33.13 | 41.94 | 35.78 | 42.26 | 40.25 | 52.98 | 55.43 |
| Operating Profit | 1.98 | 3.56 | 0.37 | 3.08 | 3.48 | 3.78 | 2.94 | 3.74 | 3.58 | 3.20 | 3.02 | 4.48 |
| OPM % | 8.00% | 13.77% | 1.00% | 7.85% | 9.71% | 10.24% | 6.55% | 9.46% | 7.81% | 7.36% | 5.39% | 7.48% |
| Other Income | 0.13 | 0.23 | 3.78 | 0.37 | 0.38 | 0.73 | 0.43 | 0.13 | 1.24 | 0.59 | 1.77 | 0.10 |
| Interest | 0.53 | 0.53 | 0.85 | 0.61 | 0.87 | 0.84 | 0.84 | 0.92 | 1.02 | 0.99 | 1.05 | 1.53 |
| Depreciation | 0.32 | 0.36 | 0.36 | 0.41 | 0.41 | 0.45 | 0.42 | 0.48 | 0.53 | 0.54 | 0.68 | 0.64 |
| Profit before tax | 1.26 | 2.90 | 2.94 | 2.43 | 2.58 | 3.22 | 2.11 | 2.47 | 3.27 | 2.26 | 3.06 | 2.41 |
| Tax % | -1.59% | 10.69% | 5.78% | 12.76% | 17.05% | 13.04% | 3.32% | 6.07% | 14.68% | 12.83% | 27.45% | 14.94% |
| Net Profit | 1.28 | 2.59 | 2.77 | 2.12 | 2.14 | 2.80 | 2.04 | 2.33 | 2.79 | 1.97 | 2.20 | 2.05 |
| EPS in Rs | 0.10 | 0.20 | 0.22 | 0.17 | 0.16 | 0.20 | 0.15 | 0.17 | 0.20 | 0.14 | 0.16 | 0.15 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 33 | 57 | 31 | 52 | 69 | 100 | 109 | 157 | 185 | 205 |
| Expenses | 31 | 55 | 28 | 47 | 63 | 90 | 101 | 144 | 171 | 191 |
| Operating Profit | 2 | 3 | 3 | 6 | 6 | 9 | 8 | 13 | 14 | 14 |
| OPM % | 5% | 4.8% | 10% | 11% | 9% | 9% | 7% | 8% | 7% | 7% |
| Other Income | 0 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 4 |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 5 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 2 | 3 | 3 | 4 | 5 | 8 | 8 | 10 | 11 | 11 |
| Tax % | 9% | 7% | 12% | 11% | 10% | 8% | 5% | 12% | 16% | |
| Net Profit | 1 | 2 | 3 | 4 | 5 | 7 | 8 | 9 | 9 | 9 |
| EPS in Rs | 0.12 | 0.15 | 0.20 | 0.25 | 0.33 | 0.55 | 0.63 | 0.67 | 0.68 | 0.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 29% | 23% | 31% | ||
| Compounded Profit Growth | % | 24% | 10% | -3% | ||
| Stock Price CAGR | % | 8% | -3% | 29% | ||
| Return on Equity | % | 16% | 15% | 12% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 14 |
| Reserves | 7 | 4 | 7 | 9 | 14 | 19 | 28 | 58 | 73 |
| Borrowings | 2 | 1 | 5 | 7 | 7 | 9 | 18 | 23 | 39 |
| Other Liabilities | 3 | 4 | 18 | 18 | 22 | 36 | 24 | 38 | 53 |
| Total Liabilities | 18 | 22 | 43 | 46 | 54 | 77 | 82 | 133 | 180 |
| Fixed Assets | 3 | 3 | 12 | 11 | 10 | 10 | 10 | 10 | 17 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 5 | 1 |
| Investments | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 13 | 17 | 28 | 33 | 44 | 67 | 71 | 118 | 162 |
| Total Assets | 18 | 22 | 43 | 46 | 54 | 77 | 82 | 133 | 180 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 3 | 2 | -8 | 7 | -2 | 2 | -8 | -15 | -8 |
| Cash from Investing Activity | -11 | -1 | -3 | -2 | 2 | -2 | 0 | -7 | 5 |
| Cash from Financing Activity | 4 | -1 | 11 | -5 | -0 | 1 | 6 | 23 | 13 |
| Net Cash Flow | -3 | 0 | -0 | 0 | -0 | 1 | -2 | 1 | 9 |
| Free Cash Flow | 3 | 2 | -18 | 6 | -3 | 1 | -10 | -20 | -4 |
| CFO/OP | 199% | 79% | -262% | 125% | -30% | 31% | -100% | -104% | -53% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 29 | 34 | 152 | 97 | 125 | 157 | 147 | 182 | 241 |
| Inventory Days | 0 | 0 | 89 | 54 | 31 | 31 | 26 | 35 | 29 |
| Days Payable | 102 | 50 | 72 | 94 | 42 | 72 | 90 | ||
| Cash Conversion Cycle | 29 | 34 | 138 | 101 | 84 | 93 | 131 | 146 | 181 |
| Working Capital Days | 5 | 15 | 167 | 101 | 96 | 106 | 132 | 144 | 142 |
| ROCE % | 23% | 15% | 15% | 17% | 21% | 18% | 16% | 13% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 62.65% | 62.31% | 62.31% | 61.45% | 61.45% | 57.58% | 57.58% | 57.58% | 57.58% | 57.58% | 57.58% | 57.58% |
| Public | 37.35% | 37.68% | 37.69% | 38.55% | 38.55% | 42.41% | 42.43% | 42.42% | 42.42% | 42.41% | 42.41% | 42.42% |
| No. of Shareholders | 30,119 | 30,576 | 33,716 | 32,535 | 31,650 | 39,087 | 37,891 | 36,772 | 35,455 | 34,104 | 32,915 | 32,036 |
Fundamentals
Market Cap₹ 203 Cr.
Current Price₹ 14.9
Stock P/E22.6
Book Value₹ 6.40
ROCE12.6 %
ROE11.6 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)31%
Compounded Profit Growth (TTM)-3%
Consolidated figures.
Valuation
Market capRs 202 Cr
Enterprise valueRs 221 Cr
P/E (TTM)22.57x
Price to book2.81x
Price to sales0.99x
EV / EBITDA12.26x
EV / EBIT14.14x
EV / sales1.07x
Earnings yield4.43%
P/E, 3-year average22.66x
P/B, 3-year average4.23x
P/E, 5-year average15.15x
P/B, 5-year average2.77x
Profitability
Operating margin (excl. other income)8.47%
Operating margin (incl. other income)9.68%
EBITDA margin8.76%
Pre-tax margin5.36%
Net profit margin4.37%
Net margin, latest quarter3.41%
ROE16.08%
ROCE17.62%
ROA8.42%
ROE, 3-year average20.59%
ROCE, 3-year average21.63%
ROA, 3-year average9.65%
ROE, 5-year average18.98%
ROCE, 5-year average21.15%
ROA, 5-year average8.86%
ROIC (approx.)15.20%
Tax rate12.09%
Other income / net worth2.64%
Growth
Sales growth (latest year)44.12%
Profit growth (latest year)14.39%
Sales CAGR, 3 years31.50%
Sales CAGR, 5 years38.53%
Profit CAGR, 3 years29.11%
Profit CAGR, 5 years29.37%
Sales growth QoQ6.98%
Profit growth QoQ-7.27%
Sales growth YoY (latest quarter)51.59%
Profit growth YoY (latest quarter)-12.45%
Per share
EPS (TTM)Rs 0.66
EPS (latest year)Rs 0.67
EPS (latest quarter)Rs 0.15
EPS, 3-year averageRs 0.62
EPS, 5-year averageRs 1.53
Book value per shareRs 5.30
Sales per shareRs 15.08
Cash flow per shareRs -1.07
Free cash flow per shareRs -0.29
Efficiency
Asset turnover1.18x
Fixed asset turnover15.27x
Inventory turnover10.41x
Inventory days35 days
Debtor days182 days
Debtors turnover2.00x
Creditor days90 days
Cash conversion cycle181 days
Working capital days142 days
Leverage
Total debtRs 23 Cr
Cash and bankRs 5 Cr
Net debtRs 18 Cr
Debt to equity0.32x
Net debt / EBITDA1.01x
Interest coverage3.40x
Owners' fund to total sources54.16%
Debt to assets17.09%
Cash flow
Cash from Operating Activity (latest year)Rs -15 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs 23 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years-0.82x
Statement figures
Net sales (TTM)Rs 205 Cr
Net sales (latest year)Rs 157 Cr
Sales (latest quarter)Rs 60 Cr
Operating profit excl. other income (latest year)Rs 13 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 18 Cr
PBDT (TTM)Rs 13 Cr
Profit before tax (TTM)Rs 11 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 9 Cr
Net profit (latest year)Rs 9 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 5 Cr
Cost of goods sold (latest year)Rs 129 Cr
Total expenditure (latest year)Rs 144 Cr
Total income (latest year)Rs 159 Cr
Share capitalRs 14 Cr
ReservesRs 58 Cr
Shareholders' fundsRs 72 Cr
Total assetsRs 133 Cr
Net blockRs 10 Cr
Capital work in progressRs 5 Cr
ReceivablesRs 78 Cr
InventoryRs 12 Cr
Other liabilitiesRs 38 Cr
Shares outstanding (crore)13.60
Ownership
Promoter holding57.58% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 22.6 is at the 20th percentile of its own 7.4-year range
(median 53.4, low 13.4, high 153.0).
P/B 2.81 is at the 2th percentile (median 7.04).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 540401 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.3% | -2.8% | +3.1 pts |
| 1 month | -0.5% | -6.8% | +6.3 pts |
| 3 months | +18.1% | -7.6% | +25.7 pts |
| 3 years | -8.1% | +14.2% | -22.3 pts |
| 5 years | +43.8% | +27.9% | +15.9 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -86% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 18% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 79% vs sales +44% 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
Jun 2026Sales ₹60 Cr +51.6% vs Jun 2025.
Net profit ₹2 Cr -12.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Redington Ltd | 31,697 | 17.6 | 18.4 % |
| MMTC Ltd | 8,514 | 42.3 | 8.67 % |
| MSTC Ltd | 5,028 | 21.5 | 30.3 % |
| BN Agrochem Ltd | 1,898 | 111 | 4.44 % |
| Creative Newtech Ltd | 1,646 | 22.3 | 18.8 % |
| Pervasive Commodities Ltd | 1,049 | 22.1 % | |
| RRP Defense Ltd | 843 | -11.1 % | |
| Yamuna Syndicate Ltd | 784 | 8.56 | 4.17 % |
| Shiv Aum Steels Ltd | 742 | 77.9 | 8.20 % |
| State Trading Corporation of India Ltd | 644 | 13.3 | % |
| Arvaya Healthcare Ltd | 600 | 451 | % |
| SMT Engineering Ltd | 596 | 24.3 | 25.4 % |
| HP Telecom India Ltd | 528 | 20.7 | 19.9 % |
| Riddhi Siddhi Gluco Biols Ltd | 527 | 37.2 | 2.74 % |
| Oswal Agro Mills Ltd | 474 | 2.03 % |
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 Maximus International Ltd?
Maximus International Ltd (540401) has a market capitalisation of Rs 203 Cr. at the 2026-10-01 close.
What is the P/E ratio of Maximus International Ltd?
Maximus International Ltd trades at a P/E of 22.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were Maximus International Ltd's latest quarterly results?
In the Jun 2026 quarter, Maximus International Ltd sales was Rs 60 Cr (+51.6% vs Jun 2025) and net profit was Rs 2 Cr.