Max Alert Systems Ltd
₹ 4.45
4.95%
05 Apr 2024
About
Incorporated in 2004, Max Alert Systems Ltd. is in the field of designing & implementing industrial as well as domestic fire fighting systems and is a Turnkey Service Provider in the field of telecom infrastructure.
Key Points
- Market Cap ₹ 4.09 Cr.
- Current Price ₹ 4.45
- High / Low ₹ /
- Stock P/E 0.57
- Book Value ₹ 5.96
- Dividend Yield 0.00 %
- ROCE 98.6 %
- ROE 97.7 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.75 times its book value
- Company has delivered good profit growth of 93.4% CAGR over last 5 years
Cons
- Earnings include an other income of Rs.5.34 Cr.
* 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.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 38.85 | 37.62 | 28.45 | 13.49 | 13.71 | 18.86 | 11.83 | 5.70 | 4.72 | 0.00 | 0.00 | 14.59 | 23.57 | |
| 38.15 | 35.47 | 27.57 | 12.61 | 14.62 | 18.37 | 11.32 | 6.78 | 23.04 | 0.30 | 0.25 | 13.51 | 21.63 | |
| Operating Profit | 0.70 | 2.15 | 0.88 | 0.88 | -0.91 | 0.49 | 0.51 | -1.08 | -18.32 | -0.30 | -0.25 | 1.08 | 1.94 |
| OPM % | 1.80% | 5.72% | 3.09% | 6.52% | -6.64% | 2.60% | 4.31% | -18.95% | -388.14% | 7.40% | 8.23% | ||
| 0.17 | -0.66 | 0.21 | 0.11 | 1.59 | 0.02 | -0.10 | 0.01 | -0.45 | 0.00 | -0.50 | 2.27 | 5.34 | |
| Interest | 1.51 | 0.27 | 0.08 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.35 | 1.75 | 1.00 | 0.74 | 0.58 | 0.46 | 0.37 | 0.31 | 0.19 | 0.11 | 0.09 | 0.07 | 0.07 |
| Profit before tax | -1.99 | -0.53 | 0.01 | 0.23 | 0.09 | 0.05 | 0.04 | -1.38 | -18.96 | -0.41 | -0.84 | 3.28 | 7.21 |
| Tax % | 3.52% | -13.21% | -500.00% | 26.09% | 33.33% | 20.00% | 50.00% | -0.72% | 0.00% | 0.00% | -2.38% | 0.91% | |
| -2.05 | -0.45 | 0.06 | 0.16 | 0.07 | 0.03 | 0.02 | -1.37 | -18.96 | -0.41 | -0.82 | 3.25 | 7.18 | |
| EPS in Rs | -2.23 | -0.49 | 0.07 | 0.17 | 0.08 | 0.03 | 0.02 | -1.49 | -20.61 | -0.45 | -0.89 | 3.53 | 7.81 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 4% |
| 3 Years: | 46% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 66% |
| 5 Years: | 93% |
| 3 Years: | 30% |
| TTM: | 1317% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 0% |
| 3 Years: | 14% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 98% |
Balance Sheet
Figures in Rs. Crores
| 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 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 9.20 | 0.92 | 0.92 |
| Reserves | 5.50 | 5.05 | 5.11 | 5.27 | 5.34 | 5.37 | 5.39 | 4.02 | -14.94 | -15.35 | 0.25 | 4.56 |
| 11.03 | 9.78 | 8.49 | 7.89 | 3.46 | 2.05 | 2.05 | 2.05 | 1.88 | 1.88 | 0.00 | 0.00 | |
| 4.69 | 4.11 | 3.27 | 3.65 | 4.34 | 12.38 | 14.50 | 7.54 | 6.15 | 5.76 | 0.08 | 1.01 | |
| Total Liabilities | 30.42 | 28.14 | 26.07 | 26.01 | 22.34 | 29.00 | 31.14 | 22.81 | 2.29 | 1.49 | 1.25 | 6.49 |
| 9.06 | 9.77 | 4.72 | 4.00 | 2.52 | 2.06 | 1.69 | 1.38 | 0.60 | 0.49 | 0.40 | 0.33 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 0.55 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| 21.35 | 18.36 | 21.34 | 21.46 | 19.81 | 26.93 | 29.44 | 21.42 | 1.69 | 1.00 | 0.85 | 6.16 | |
| Total Assets | 30.42 | 28.14 | 26.07 | 26.01 | 22.34 | 29.00 | 31.14 | 22.81 | 2.29 | 1.49 | 1.25 | 6.49 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.00 | 3.49 | -3.02 | -0.86 | 3.23 | 1.04 | 0.03 | -0.02 | 0.19 | -0.68 | -6.38 | -2.10 | |
| -1.75 | -2.46 | 4.05 | -0.56 | 0.94 | 0.02 | 0.02 | 0.01 | 0.75 | 0.00 | 6.51 | 2.27 | |
| -0.02 | -0.30 | -0.52 | -0.60 | -3.76 | -1.41 | -0.01 | 0.00 | -0.17 | 0.00 | -0.24 | 1.06 | |
| Net Cash Flow | 0.23 | 0.73 | 0.51 | -2.02 | 0.40 | -0.35 | 0.04 | 0.00 | 0.78 | -0.68 | -0.11 | 1.22 |
| Free Cash Flow | 0.25 | 1.03 | 1.03 | -0.88 | 4.15 | 1.04 | 0.03 | -0.02 | 0.19 | -0.68 | -6.38 | -2.10 |
| CFO/OP | 283% | 142% | -338% | -90% | -358% | 214% | 8% | 2% | -1% | 227% | 2,552% | -194% |
Ratios
Figures in Rs. Crores
| 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 | 103.72 | 112.35 | 100.46 | 212.40 | 147.49 | 299.97 | 691.12 | 783.15 | 1.55 | 96.82 | ||
| Inventory Days | 96.28 | 2.90 | 8.65 | 55.54 | 53.25 | 34.02 | 92.02 | 186.61 | 0.00 | 0.00 | ||
| Days Payable | 36.37 | 34.27 | 42.65 | 139.85 | 79.26 | 251.68 | 532.03 | 517.27 | ||||
| Cash Conversion Cycle | 163.64 | 80.98 | 66.46 | 128.09 | 121.48 | 82.31 | 251.11 | 452.48 | 1.55 | 96.82 | ||
| Working Capital Days | 61.07 | 39.49 | 197.57 | 464.30 | 387.36 | 270.75 | 442.13 | 849.75 | -452.38 | 83.31 | ||
| ROCE % | 1.65% | -0.43% | 1.11% | -7.28% | 0.29% | 0.96% | -8.65% | -321.65% | 98.65% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Number |
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| Planned Crusher Units (Total Target) Number |
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| Revenue Share from Crushing and Mining Segment % |
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| Number of Operational Stone Crusher Units Number |
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Documents
Announcements
- Closure of Trading Window 26 Mar
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
18 Feb - Company Secretary/Compliance Officer Gokul Bhojwani resigned effective Feb 18, 2026; replacement pending.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held On Monday, February 09, 2026
9 Feb - Board reviewed financial performance for quarter ended Dec 31, 2025; meeting on Feb 09, 2026.
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Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Monday, February 09, 2026 Disclosure Under Regulation 29 Of SEBI (LODR) Regulations 2015.
2 Feb - Board meeting on Feb 9, 2026 to review financial results; trading window closed Jan 1.
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Board Meeting Outcome for Revised Unaudited Financial Result Due To Discrepancies In Financial Results.
29 Jan - Revised unaudited half-year results for 30 Sept 2025: revenue Rs1,635.46L, profit Rs419.53L; correction due to discrepancies.
Business Overview:[1]
Company is a natural resource‐based building materials company. It supplies aggregates (crushed stone, sand and gravel) through quarries / mines and distribution yards to its customers in Jharkhand. Company also provides cement and downstream products,
like, pavers, Hollow Bricks in vertically integrated structured markets. Company's heavy‐side building materials are used in infrastructure, non‐residential and residential construction projects. Aggregates are also used in Building construction and infrastructure and as railroad ballast. Aggregates, paver tiles and Hollow bricks and paving product lines are reported collectively as the "Building Materials" business.