Maximus International Ltd
Maximus International is a manufacturer and distributor of Lubricants, Lube Base Oils, and other petrochemical products used in industries such as automotive, metalworking, refrigeration, electrical, paint & ink industries.[1]
- Market Cap ₹ 160 Cr.
- Current Price ₹ 11.8
- High / Low ₹ 13.0 / 8.00
- Stock P/E 17.3
- Book Value ₹ 6.40
- Dividend Yield 0.00 %
- ROCE 12.6 %
- ROE 11.6 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 241 days.
- Promoter holding has decreased over last 3 years: -6.05%
* 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 33 | 57 | 31 | 52 | 69 | 100 | 109 | 157 | 185 | |
| 31 | 55 | 28 | 47 | 63 | 90 | 101 | 144 | 171 | |
| Operating Profit | 2 | 3 | 3 | 6 | 6 | 9 | 8 | 13 | 14 |
| OPM % | 5% | 5% | 10% | 11% | 9% | 9% | 7% | 8% | 7% |
| 0 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 2 | 3 | 3 | 4 | 5 | 8 | 8 | 10 | 11 |
| Tax % | 9% | 7% | 12% | 11% | 10% | 8% | 5% | 12% | 16% |
| 1 | 2 | 3 | 4 | 5 | 7 | 8 | 9 | 9 | |
| EPS in Rs | 0.12 | 0.15 | 0.20 | 0.25 | 0.33 | 0.55 | 0.63 | 0.67 | 0.68 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 23% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 10% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | -14% |
| 1 Year: | -2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 15% |
| Last Year: | 12% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 13 | 13 | 13 | 13 | 13 | 13 | 14 | 14 |
| Reserves | 7 | 4 | 7 | 9 | 14 | 19 | 28 | 58 | 73 |
| 2 | 1 | 5 | 7 | 7 | 9 | 18 | 23 | 39 | |
| 3 | 4 | 18 | 18 | 22 | 36 | 24 | 38 | 53 | |
| Total Liabilities | 18 | 22 | 43 | 46 | 54 | 77 | 82 | 133 | 180 |
| 3 | 3 | 12 | 11 | 10 | 10 | 10 | 10 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 5 | 0 |
| Investments | 2 | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 |
| 13 | 17 | 28 | 33 | 44 | 67 | 71 | 118 | 162 | |
| Total Assets | 18 | 22 | 43 | 46 | 54 | 77 | 82 | 133 | 180 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 3 | 2 | -8 | 7 | -2 | 2 | -8 | -15 | -8 | |
| -11 | -1 | -3 | -2 | 2 | -2 | 0 | -7 | -5 | |
| 4 | -1 | 11 | -5 | -0 | 1 | 6 | 23 | 13 | |
| Net Cash Flow | -3 | 0 | -0 | 0 | -0 | 1 | -2 | 1 | -1 |
| Free Cash Flow | 3 | 2 | -18 | 6 | -3 | 1 | -10 | -20 | -12 |
| CFO/OP | 199% | 79% | -262% | 125% | -30% | 31% | -100% | -104% | -53% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 29 | 34 | 152 | 97 | 125 | 157 | 147 | 182 | 241 |
| Inventory Days | 0 | 0 | 89 | 54 | 31 | 31 | 26 | 35 | 29 |
| Days Payable | 102 | 50 | 72 | 94 | 42 | 72 | 90 | ||
| Cash Conversion Cycle | 29 | 34 | 138 | 101 | 84 | 93 | 131 | 146 | 181 |
| Working Capital Days | 5 | 15 | 167 | 101 | 96 | 106 | 132 | 144 | 142 |
| ROCE % | 23% | 15% | 15% | 17% | 21% | 18% | 16% | 13% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated Manufacturing Capacity KL per annum |
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| Number of Subsidiaries Count |
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| Growth in Revenue from Operations Percentage |
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| Number of Permanent Employees Count ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Acquisition
1d - Maximus International approved 40% stake acquisition in Quebec Petroleum Resources Limited for Rs 18.43 crore on 19 June 2026.
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Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. On Friday, 19Th June, 2026.
1d - Board approved acquiring 40% stake in Quebec Petroleum Resources for Rs 18.43 crore via SPA.
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Board Meeting Intimation for Considering / Approving The Proposal To Invest, Subject To Necessary Approvals, If Any, By Acquiring Stake In A Lubricants Manufacturing & Petroleum Products Distribution Company.
15 Jun - Board meeting on 19 June 2026 to consider acquiring stake in a lubricants and petroleum products company.
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Announcement under Regulation 30 (LODR)-Change in Directorate
11 Jun - Maximus International appointed Aniruddh Gandhi as additional non-executive non-independent director from 18 April 2026.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
5 Jun - Submission of publication of advertisement regarding Notice of Postal Ballot and E-Voting information in newspapers.
Part of Optimus Finance Ltd[1] Maximus International Limited (MIL) is a subsidiary of Optimus Finance Limited (BSE Listed), a Vadodara-based non-banking finance company registered with the Reserve Bank of India.