Maxgrow India Ltd
Incorporated in 1994, Maxgrow India Ltd trades ferrous and non-ferrous scrap metals[1]
- Market Cap ₹ 668 Cr.
- Current Price ₹ 167
- High / Low ₹ 196 / 15.5
- Stock P/E 1.15
- Book Value ₹ 519
- Dividend Yield 0.00 %
- ROCE 23.5 %
- ROE 25.5 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.32 times its book value
- Debtor days have improved from 162 to 46.8 days.
- Company's working capital requirements have reduced from 120 days to 32.3 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| 2,758 | 22,426 | 26,261 | |
| 2,707 | 21,975 | 25,679 | |
| Operating Profit | 50 | 451 | 582 |
| OPM % | 1.8% | 2.0% | 2.2% |
| -21 | 0 | 0 | |
| Interest | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 |
| Profit before tax | 30 | 450 | 581 |
| Tax % | 0% | 0% | |
| 30 | 450 | 581 | |
| EPS in Rs | 7.42 | 112.72 | 145.46 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 316% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 387% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 169% |
| 3 Years: | % |
| 1 Year: | 1057% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 20 | 20 |
| Reserves | 1,444 | 2,052 |
| 297 | 2 | |
| 393 | 892 | |
| Total Liabilities | 2,154 | 2,966 |
| 5 | 5 | |
| CWIP | 0 | 0 |
| Investments | 0 | 1 |
| 2,148 | 2,960 | |
| Total Assets | 2,154 | 2,966 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 41 | 211 | |
| 0 | 1 | |
| -43 | -210 | |
| Net Cash Flow | -1 | 1 |
| Free Cash Flow | 41 | 211 |
| CFO/OP | 82% | 47% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 278 | 47 |
| Inventory Days | 0 | 0 |
| Days Payable | ||
| Cash Conversion Cycle | 278 | 47 |
| Working Capital Days | 208 | 32 |
| ROCE % | 23% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Number of Employees on Rolls count ・Standalone data |
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| Iron Ore Conveyor Belt Project Capacity MTPA (Million Tonnes Per Annum) ・Standalone data |
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| Scrap Shredding Facility Capacity MT per 8-hour shift ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication
- Reg. 34 (1) Annual Report.
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Annual Report For The Financial Year 2025-26 And Notice Of 33Rd Annual General Meeting Of The Company
- Maxgrow India sent FY26 annual report and AGM notice; 33rd AGM on September 28, 2026 via VC/OAVM.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015 we hereby enclose the copies of the newspaper advertisement published regarding ....
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Announcement under Regulation 30 (LODR)-Change in Management
- Board approved auditor appointment, director changes, and set 33rd AGM for September 28, 2026.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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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.