Price
Financials
Standalone, Rs crore| Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.35 | 18.19 | 20.30 | 24.03 | 30.88 | 35.38 | 34.05 | 32.43 | 26.11 | 27.97 |
| Expenses | 8.56 | 15.93 | 19.79 | 22.46 | 29.84 | 34.00 | 32.88 | 30.69 | 25.15 | 25.97 |
| Operating Profit | -1.21 | 2.26 | 0.51 | 1.57 | 1.04 | 1.38 | 1.17 | 1.74 | 0.96 | 2.00 |
| OPM % | -16.46% | 12.42% | 2.51% | 6.53% | 3.37% | 3.90% | 3.44% | 5.37% | 3.68% | 7.15% |
| Other Income | 2.53 | -4.65 | 0.27 | 0.11 | 0.19 | -0.26 | 0.00 | 0.03 | 0.19 | -0.10 |
| Interest | 1.20 | 1.12 | 1.00 | 0.89 | 0.94 | 0.98 | 1.01 | 1.17 | 1.05 | 1.08 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.10 | -3.53 | -0.24 | 0.77 | 0.27 | 0.13 | 0.15 | 0.59 | 0.09 | 0.81 |
| Tax % | 30.00% | 4.53% | 0.00% | 22.08% | 25.93% | 38.46% | 13.33% | 28.81% | 22.22% | 24.69% |
| Net Profit | 0.07 | -3.70 | -0.24 | 0.60 | 0.20 | 0.08 | 0.13 | 0.42 | 0.07 | 0.60 |
| EPS in Rs | 0.14 | -7.49 | -0.35 | 0.87 | 0.29 | 0.12 | 0.19 | 0.61 | 0.10 | 0.87 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 42.20 | 20.90 | 25.54 | 44.33 | 66.26 | 66.48 | 54.08 |
| Expenses | 38.81 | 18.18 | 24.48 | 42.25 | 63.85 | 63.59 | 51.13 |
| Operating Profit | 3.39 | 2.72 | 1.06 | 2.08 | 2.41 | 2.89 | 2.95 |
| OPM % | 8.03% | 13.01% | 4.15% | 4.69% | 3.64% | 4.35% | 5.45% |
| Other Income | 1.15 | -0.06 | -2.12 | 0.38 | -0.07 | 0.04 | 0.10 |
| Interest | 2.23 | 2.11 | 2.33 | 1.89 | 1.92 | 2.17 | 2.13 |
| Depreciation | 0.07 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 |
| Profit before tax | 2.24 | 0.49 | -3.44 | 0.53 | 0.39 | 0.73 | 0.90 |
| Tax % | 25.45% | 30.61% | 5.52% | 32.08% | 30.77% | 24.66% | 26.67% |
| Net Profit | 1.67 | 0.35 | -3.62 | 0.36 | 0.28 | 0.55 | 0.66 |
| EPS in Rs | 3.38 | 0.71 | -7.33 | 0.52 | 0.40 | 0.79 | 0.95 |
| Dividend Payout % | 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 | % | 21% | 7% | -19% | ||
| Compounded Profit Growth | % | 14% | 29% | 8% | ||
| Stock Price CAGR | % | % | -43% | -55% | ||
| Return on Equity | % | 4% | 4% | 5% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4.94 | 4.94 | 4.94 | 6.93 | 6.93 | 6.93 | 6.93 |
| Reserves | 9.98 | 10.33 | 6.70 | 9.13 | 9.41 | 9.96 | 10.63 |
| Borrowings | 19.11 | 21.75 | 18.85 | 12.80 | 15.48 | 17.27 | 16.59 |
| Other Liabilities | 10.29 | 7.00 | 5.40 | 2.64 | 1.88 | 2.23 | 1.14 |
| Total Liabilities | 44.32 | 44.02 | 35.89 | 31.50 | 33.70 | 36.39 | 35.29 |
| Fixed Assets | 0.26 | 0.21 | 0.16 | 0.14 | 0.11 | 0.10 | 0.08 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.10 | 4.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 39.96 | 39.71 | 35.73 | 31.36 | 33.59 | 36.29 | 35.21 |
| Total Assets | 44.32 | 44.02 | 35.89 | 31.50 | 33.70 | 36.39 | 35.29 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -3.25 | 1.05 | 4.45 | 3.26 | 0.30 | 0.23 | 2.20 |
| Cash from Investing Activity | 0.04 | 0.03 | 0.07 | -0.02 | 0.09 | 0.10 | 0.14 |
| Cash from Financing Activity | 2.28 | -0.10 | -5.00 | -3.60 | 1.13 | 0.02 | -2.22 |
| Net Cash Flow | -0.93 | 0.98 | -0.47 | -0.36 | 1.52 | 0.34 | 0.12 |
| Free Cash Flow | -3.25 | 1.05 | 4.45 | 3.25 | 0.30 | 0.22 | 2.19 |
| CFO/OP | -79% | 44% | 439% | 164% | 20% | 9% | 82% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 167.54 | 359.76 | 303.26 | 109.92 | 75.14 | 110.80 | 139.37 |
| Inventory Days | 162.70 | 300.85 | 186.04 | 121.60 | 78.23 | 55.18 | 66.38 |
| Days Payable | 37.08 | 86.05 | 81.82 | 17.45 | 6.57 | 7.50 | 4.47 |
| Cash Conversion Cycle | 293.16 | 574.56 | 407.48 | 214.07 | 146.80 | 158.48 | 201.28 |
| Working Capital Days | 126.28 | 247.47 | 158.20 | 119.55 | 70.23 | 71.37 | 91.59 |
| ROCE % | 7.54% | 11.02% | 8.16% | 9.16% | 9.49% | 9.34% |
| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 71.19% | 71.19% | 71.19% | 71.19% | 71.28% | 71.19% | 71.19% | 71.19% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% | 0.67% | 0.99% |
| Public | 28.81% | 28.81% | 28.81% | 28.81% | 28.72% | 28.66% | 28.14% | 27.82% |
| No. of Shareholders | 193 | 90 | 87 | 166 | 211 | 217 | 210 | 204 |
Fundamentals
Market Cap₹ 10.4 Cr.
Current Price₹ 15.0
Stock P/E13.3
Book Value₹ 25.3
ROCE9.34 %
ROE4.53 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-19%
Compounded Profit Growth (TTM)8%
Standalone figures.
Valuation
Market capRs 10 Cr
Enterprise valueRs 22 Cr
P/E (TTM)27.45x
Price to book0.62x
Price to sales0.22x
EV / EBITDA8.83x
EV / EBIT8.98x
EV / sales0.49x
Price to cash flow3.03x
Earnings yield3.64%
P/E, 3-year average45.27x
P/B, 3-year average1.01x
Profitability
Operating margin (excl. other income)4.69%
Operating margin (incl. other income)5.55%
EBITDA margin5.55%
Pre-tax margin1.20%
Net profit margin0.81%
ROE2.60%
ROCE8.15%
ROA1.07%
ROE, 3-year average-7.33%
ROCE, 3-year average4.06%
ROA, 3-year average-2.40%
ROIC (approx.)5.89%
Tax rate32.08%
Other income / net worth2.37%
Growth
Sales growth (latest year)73.57%
Sales CAGR, 3 years1.65%
Profit CAGR, 3 years-40.04%
Per share
EPS (TTM)Rs 0.52
EPS (latest year)Rs 0.52
EPS, 3-year averageRs -2.03
Book value per shareRs 23.16
Sales per shareRs 63.92
Cash flow per shareRs 4.70
Free cash flow per shareRs 3.16
Efficiency
Asset turnover1.41x
Fixed asset turnover316.64x
Inventory turnover3.06x
Inventory days119 days
Debtor days110 days
Debtors turnover3.32x
Creditor days4 days
Cash conversion cycle201 days
Working capital days92 days
Leverage
Total debtRs 13 Cr
Cash and bankRs 1 Cr
Net debtRs 12 Cr
Debt to equity0.80x
Net debt / EBITDA4.82x
Interest coverage1.28x
Owners' fund to total sources50.98%
Debt to assets40.63%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs -4 Cr
Sales to cash flow13.60x
Statement figures
Net sales (TTM)Rs 44 Cr
Net sales (latest year)Rs 44 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 39 Cr
Total expenditure (latest year)Rs 42 Cr
Total income (latest year)Rs 45 Cr
Share capitalRs 7 Cr
ReservesRs 9 Cr
Shareholders' fundsRs 16 Cr
Total assetsRs 32 Cr
Net blockRs 0 Cr
ReceivablesRs 13 Cr
InventoryRs 13 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)0.69
Ownership
Promoter holding71.19% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 27.4 is at the 21th percentile of its own 2.4-year range
(median 38.2, low 12.2, high 150.5).
P/B 0.62 is at the 2th percentile (median 1.95).
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 | MAKS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -14.2% | -2.8% | -11.4 pts |
| 1 month | -12.8% | -6.8% | -6.1 pts |
| 3 months | -54.8% | -7.6% | -47.2 pts |
| 6 months | -49.1% | +0.4% | -49.5 pts |
| 1 year | -74.8% | -9.9% | -64.8 pts |
| 2 years | -48.3% | -13.6% | -34.7 pts |
| 3 years | -82.3% | +14.2% | -96.5 pts |
Red flags
F-score 7 of 8| explain | Share dilution Share count up 41% in a year, 41% in three |
| explain | Low interest cover Interest cover 1.3x in 2026 |
| look | Profit leans on other income Other income was 72% 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 ₹28 Cr -20.9% vs Mar 2024.
Net profit ₹1 Cr +650.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Cummins India Ltd | 133,056 | 54.5 | 39.5 % |
| Kirloskar Oil Engines Ltd | 34,965 | 61.4 | 14.6 % |
| Elgi Equipments Ltd | 18,851 | 40.6 | 22.1 % |
| Kirloskar Brothers Ltd | 14,677 | 36.3 | 20.4 % |
| KSB Ltd | 14,355 | 54.8 | 24.7 % |
| Ingersoll-Rand (India) Ltd | 13,243 | 48.2 | 57.1 % |
| Kirloskar Pneumatic Company Ltd | 8,892 | 32.6 | 30.3 % |
| Shakti Pumps (India) Ltd | 5,652 | 26.6 | 23.6 % |
| Greaves Cotton Ltd | 5,474 | 54.9 | 10.1 % |
| Swaraj Engines Ltd | 4,301 | 21.0 | 58.4 % |
| Oswal Pumps Ltd | 3,035 | 9.02 | 38.2 % |
| Yuken India Ltd | 1,547 | 98.9 | 7.40 % |
| Roto Pumps Ltd | 1,194 | 43.1 | 15.2 % |
| Latteys Industries Ltd | 118 | 28.0 | 16.3 % |
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.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 monthsHigh low price variation greater than 75perc in previous 3 monthsLess than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly traded
Quick answers
What is the market cap of Maks Energy Solutions India Ltd?
Maks Energy Solutions India Ltd (MAKS) has a market capitalisation of Rs 10.4 Cr. at the 2026-10-01 close.
What is the P/E ratio of Maks Energy Solutions India Ltd?
Maks Energy Solutions India Ltd trades at a P/E of 13.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were Maks Energy Solutions India Ltd's latest quarterly results?
In the Mar 2026 quarter, Maks Energy Solutions India Ltd sales was Rs 28 Cr (-20.9% vs Mar 2024) and net profit was Rs 1 Cr.
What is the 52-week high and low of Maks Energy Solutions India Ltd?
The 52-week high is Rs 34.65 and the 52-week low is Rs 12.65.