Maharaja & Speedex India Ltd
Incorporated in February 2006, Maharaja
& Speedex India Ltd manufactures, brands,
and distributes stainless-steel bottles and
allied drinkware products.[1]
- Market Cap ₹ 457 Cr.
- Current Price ₹ 280
- High / Low ₹ 287 / 226
- Stock P/E 29.6
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 48.0 %
- ROE 72.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 62.2%
Cons
- Company might be capitalizing the interest cost
* 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
Consumer Discretionary Consumer Durables Consumer Durables Houseware
Part of BSE SME IPO
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Sales |
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 61 | 93 | 122 | |
| Sales growth | +52% | +31% | |
| 58 | 82 | 100 | |
| Operating Profit | 3 | 11 | 23 |
| OPM % | 4.7% | 11% | 19% |
| 0 | 0 | -0 | |
| Interest | 1 | 2 | 2 |
| Depreciation | 0 | 1 | 2 |
| Profit before tax | 1 | 7 | 19 |
| Tax % | 26% | 26% | 20% |
| 1 | 6 | 15 | |
| EPS in Rs | 0.87 | 4.32 | 11.89 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 179% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 62% |
| Last Year: | 73% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 13 |
| Reserves | 5 | 14 | 16 |
| 16 | 18 | 27 | |
| 6 | 16 | 26 | |
| Total Liabilities | 27 | 48 | 82 |
| 4 | 6 | 15 | |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 23 | 42 | 67 | |
| Total Assets | 27 | 48 | 82 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 2 | 2 | 4 | |
| -3 | -2 | -12 | |
| 1 | 0 | 7 | |
| Net Cash Flow | 0 | 0 | -1 |
| Free Cash Flow | 2 | 2 | -7 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 84% | 26% | 25% |
Ratios
Consolidated / View Standalone
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 41 | 49 | 58 |
| Inventory Days | 85 | 122 | 192 |
| Days Payable | 32 | 66 | 108 |
| Cash Conversion Cycle | 94 | 105 | 142 |
| Working Capital Days | 31 | 50 | 48 |
| ROCE % | 36% | 48% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Investor Presentation
- Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 (''''SEBI Listing Regulation'''') Investor Presentation
-
Statement On Deviation Or Variation Of Funds Under Regulation 32 Of SEBI (LODR) Regulations, 2015 For The Half Year Ended 30Th September, 2026.
- No deviation in ₹6,410.30 lakh IPO proceeds for half year ended 30 September 2026.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- H1 FY27 results: revenue up 36% to ₹78.5 Cr; PAT up 50% to ₹9.9 Cr.
-
Board Meeting Outcome for Outcome Of Board Meeting Dated Thursday, November 12, 2026 For Unaudited Standalone And Consolidated Financial Result For Half Year Ended 30Th September 2026.
- Board approved H1 FY27 results, appointed internal and secretarial auditors, and reported IPO proceeds utilisation.
- Unaudited Financial Result For Half Year Ended 30Th September 2026
Concalls
-
Nov 2026PPT
Business Overview:[1]
Maharaja & Speedex India Limited is a stainless-steel drinkware manufacturing and distribution company focused primarily on stainless-steel bottles and allied products. It serves both retail consumers and institutional customers through combination of manufacturing, branding, and marketing, and distribution. Company's portfolio spans mass, premium, and lifestyle segments.