Maks Energy Solutions India Ltd
Incorporated in 2010, MAKS Energy Solutions Ltd deals in manufacturing, supplying, installing, sales, servicing, hiring and commissioning of DG sets and earth moving equipment[1]
- Market Cap ₹ 42.6 Cr.
- Current Price ₹ 61.4
- High / Low ₹ 118 / 25.6
- Stock P/E 53.2
- Book Value ₹ 23.4
- Dividend Yield 0.00 %
- ROCE 8.16 %
- ROE 2.60 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 258 to 110 days.
Cons
- Stock is trading at 2.62 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 4.06% 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.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 42.20 | 20.90 | 25.54 | 44.33 | 54.91 | |
| 38.81 | 18.18 | 24.48 | 42.25 | 52.30 | |
| Operating Profit | 3.39 | 2.72 | 1.06 | 2.08 | 2.61 |
| OPM % | 8.03% | 13.01% | 4.15% | 4.69% | 4.75% |
| 1.15 | -0.06 | -2.12 | 0.38 | 0.30 | |
| Interest | 2.23 | 2.11 | 2.33 | 1.89 | 1.83 |
| Depreciation | 0.07 | 0.06 | 0.05 | 0.04 | 0.04 |
| Profit before tax | 2.24 | 0.49 | -3.44 | 0.53 | 1.04 |
| Tax % | 25.45% | 30.61% | -5.52% | 32.08% | |
| 1.67 | 0.35 | -3.62 | 0.36 | 0.80 | |
| EPS in Rs | 3.38 | 0.71 | -7.33 | 0.52 | 1.16 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -40% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 152% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 4.94 | 4.94 | 4.94 | 6.93 | 6.93 |
| Reserves | 9.98 | 10.33 | 6.70 | 9.13 | 9.33 |
| 19.11 | 21.75 | 18.85 | 12.80 | 16.39 | |
| 10.29 | 7.00 | 5.40 | 2.64 | 5.40 | |
| Total Liabilities | 44.32 | 44.02 | 35.89 | 31.50 | 38.05 |
| 0.26 | 0.21 | 0.16 | 0.14 | 0.18 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.10 | 4.10 | 0.00 | 0.00 | 0.00 |
| 39.96 | 39.71 | 35.73 | 31.36 | 37.87 | |
| Total Assets | 44.32 | 44.02 | 35.89 | 31.50 | 38.05 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| -3.25 | 1.05 | 4.45 | 3.26 | |
| 0.04 | 0.03 | 0.07 | -0.02 | |
| 2.28 | -0.10 | -5.00 | -3.60 | |
| Net Cash Flow | -0.93 | 0.98 | -0.47 | -0.35 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 167.54 | 359.76 | 303.26 | 109.92 |
| Inventory Days | 162.70 | 300.85 | 186.04 | 121.60 |
| Days Payable | 37.08 | 86.05 | 81.82 | 17.45 |
| Cash Conversion Cycle | 293.16 | 574.56 | 407.48 | 214.07 |
| Working Capital Days | 291.57 | 556.76 | 401.30 | 220.25 |
| ROCE % | 7.54% | 11.02% | 8.16% |
Business Overview:[1][2]
Company is a Manufacturing and Export house in Silent Generator Sets segment. It purchases Diesel Engines, Alternators and other parts from suppliers and assembles & sells these Diesel Generating Sets and spare parts to domestic and export markets. Also, company has entered into distribution of auto spare parts in Maharashtra. MAKS has 5 Self-Owned sales and service offices in Pune, Delhi, Kolkata, Chennai and Ranchi