Maxgrow India Ltd
Incorporated in 1994, Maxgrow India Ltd trades ferrous and non-ferrous scrap metals[1]
- Market Cap ₹ 31.4 Cr.
- Current Price ₹ 7.87
- High / Low ₹ 7.87 / 7.50
- Stock P/E
- Book Value ₹ 447
- Dividend Yield 0.00 %
- ROCE -0.52 %
- ROE -0.49 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is trading at 0.02 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.49% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 18 | 9 | 1 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
12 | 17 | 9 | 3 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | |
Operating Profit | 0 | 0 | -0 | -2 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -5 |
OPM % | 1% | 3% | -3% | -121% | -1% | -73% | ||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 0 | -0 | -1 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -26 |
Tax % | -50% | 18% | 0% | 0% | 0% | 100% | 0% | 0% | 0% | 0% | 0% | -1% |
0 | 0 | -0 | -1 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -25 | |
EPS in Rs | 0.01 | 0.16 | -0.14 | -0.61 | -0.05 | 0.00 | -0.04 | -0.03 | -0.06 | -0.02 | -0.03 | -6.35 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -3633% |
Stock Price CAGR | |
---|---|
10 Years: | -9% |
5 Years: | 54% |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -1% |
3 Years: | 0% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 18 | 18 | 18 | 18 | 18 | 20 |
Reserves | 3 | 3 | 2 | 1 | 1 | 1 | 5 | 5 | 5 | 5 | 5 | 1,767 |
1 | 1 | 1 | 1 | 1 | 4 | 0 | 0 | 0 | 0 | 0 | 1 | |
4 | 3 | 2 | 2 | 10 | 7 | 4 | 4 | 4 | 5 | 4 | 6 | |
Total Liabilities | 17 | 17 | 16 | 14 | 22 | 23 | 28 | 28 | 28 | 28 | 28 | 1,794 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 6 | 6 | 6 | 6 | 6 | 8 | 8 | 8 | 8 | 8 | 1,794 |
16 | 12 | 10 | 9 | 17 | 17 | 19 | 19 | 19 | 19 | 19 | 0 | |
Total Assets | 17 | 17 | 16 | 14 | 22 | 23 | 28 | 28 | 28 | 28 | 28 | 1,794 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0 | 8 | -1 | -1 | -0 | -3 | -6 | -0 | -0 | -0 | -0 | ||
-1 | -4 | 0 | -0 | 0 | 0 | -3 | 0 | 0 | 0 | 0 | ||
0 | 0 | 0 | 0 | -0 | 6 | 5 | 0 | 0 | 0 | 0 | ||
Net Cash Flow | -2 | 3 | -1 | -1 | -0 | 4 | -4 | -0 | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 174 | 54 | 40 | 0 | 382 | 0 | ||||||
Inventory Days | 0 | 0 | ||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 174 | 54 | 40 | 0 | 382 | 0 | ||||||
Working Capital Days | 67 | -17 | 29 | 558 | 93 | -9,563 | ||||||
ROCE % | 0% | 3% | -2% | -10% | -1% | 0% | -1% | -0% | -1% | -0% | -1% | -1% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
21 Jul - Company Secretary Avinash Godse resigned effective July 19, 2025, due to personal reasons.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Jul - Certificate confirming share dematerialisation compliance for quarter ended June 30, 2025.
- Closure of Trading Window 1 Jul
-
Board Meeting Outcome for Board Meeting Outcome For Approving Audited Financial Results(Standalone And Consolidated) For Fourth Quarter And Year Ended March 31, 2025
27 Jun - Audited Q4 and FY25 results released with delay due to NCLT resolution plan implementation.
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Integrated Filing (Financial)
23 May - Unaudited Q3 and nine months financial results delayed due to NCLT resolution plan implementation.
Annual reports
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Financial Year 2007
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Financial Year 2006
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Business Overview:[1][2]
MIL, formerly known as Frontline Business Solutions Ltd, began as one of India's largest and oldest garment manufacturers and exporters. After a change in ownership, the company shifted to the Business Process Outsourcing (BPO) sector, offering integrated solutions in staffing, HR management, telecom, and financial product sales, KPO/BPO services, call centre support, and event management. At present, its core operations revolve around trading in ferrous and non-ferrous scrap metals and providing industrial solutions.