Maxgrow India Ltd

Maxgrow India Ltd

₹ 7.87 545.08%
01 Aug - close price
About

Incorporated in 1994, Maxgrow India Ltd trades ferrous and non-ferrous scrap metals[1]

Key Points

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.

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.09 0.02 0.02 0.02 0.02 0.02 0.03 0.04 0.03 0.01 0.06 0.15 4.51
Operating Profit -0.09 -0.02 -0.02 -0.02 -0.02 -0.02 -0.03 -0.04 -0.03 -0.01 -0.06 -0.15 -4.51
OPM %
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -20.88 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.09 -0.02 -0.02 -0.02 -0.02 -0.02 -0.03 -0.04 -0.03 -0.01 -0.06 -21.04 -4.52
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -1.28% 0.00%
-0.09 -0.02 -0.02 -0.02 -0.02 -0.02 -0.03 -0.04 -0.03 -0.01 -0.06 -20.77 -4.52
EPS in Rs -0.02 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.00 -0.02 -5.20 -1.13
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
16.22% 16.22% 16.22% 16.22% 16.22% 16.22% 16.22% 16.22% 16.22% 92.82% 92.82% 92.82%
83.77% 83.77% 83.77% 83.77% 83.77% 83.77% 83.77% 83.77% 83.77% 7.19% 7.19% 7.18%
No. of Shareholders 9,4259,4259,4219,4149,4129,4119,4089,4099,4048,8098,8252,369

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