Maks Energy Solutions India Ltd
Incorporated in 2010, MAKS Energy Solutions Ltd is engaged in assembly and sale of Diesel Generating (DG) Sets and distribution of auto spare parts.[1]
- Market Cap ₹ 20.5 Cr.
- Current Price ₹ 29.6
- High / Low ₹ 45.2 / 25.5
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE -4.91 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.1.76 Cr.
- Company has high debtors of 303 days.
* 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
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| 42.17 | 20.71 | 25.54 | |
| 38.80 | 18.73 | 23.92 | |
| Operating Profit | 3.37 | 1.98 | 1.62 |
| OPM % | 7.99% | 9.56% | 6.34% |
| 1.18 | 0.21 | 1.76 | |
| Interest | 2.23 | 2.12 | 2.33 |
| Depreciation | 0.07 | 0.06 | 0.05 |
| Profit before tax | 2.25 | 0.01 | 1.00 |
| Tax % | 24.89% | 200.00% | 49.00% |
| 1.69 | -0.33 | -1.07 | |
| EPS in Rs | 3.42 | -0.67 | -2.17 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -79% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -1% |
| 1 Year: | -33% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | -5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| Equity Capital | 4.94 | 4.94 | 4.94 |
| Reserves | 7.93 | 7.60 | 6.53 |
| 19.11 | 21.75 | 18.85 | |
| 10.33 | 6.85 | 5.54 | |
| Total Liabilities | 42.31 | 41.14 | 35.86 |
| 0.26 | 0.21 | 0.16 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 2.85 | 2.53 | 0.00 |
| 39.20 | 38.40 | 35.70 | |
| Total Assets | 42.31 | 41.14 | 35.86 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| -3.25 | 0.44 | 4.71 | |
| 0.04 | 0.00 | 0.05 | |
| 2.29 | 0.54 | -5.23 | |
| Net Cash Flow | -0.93 | 0.98 | -0.47 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| Debtor Days | 167.66 | 363.06 | 303.26 |
| Inventory Days | 162.70 | 300.85 | 186.04 |
| Days Payable | 103.26 | 140.79 | 81.82 |
| Cash Conversion Cycle | 227.10 | 523.12 | 407.48 |
| Working Capital Days | 69.33 | 185.06 | 155.63 |
| ROCE % | 6.43% | 13.25% |
Documents
Announcements
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Outcome of Board Meeting
8 November 2025 - Board approved H1 results (30 Sep 2025); auditors qualified over ₹477.37L receivables.
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Outcome of Board Meeting
8 November 2025 - MAKS H1 results: auditor qualified over ₹477.37L receivables; adjusted loss ₹470.86L.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 October 2025 - Reg 74(5) certificate for quarter ended 30 Sep 2025: all shares demat, no remat/demat requests.
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Trading Window
26 September 2025 - MAKS: Trading window closed from Oct 01, 2025 until 48 hours after Sep 30, 2025 half-year results.
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General Updates
26 September 2025 - AGM approved three independent directors, reappointment of MD/WTD for five years, non-exec director, auditors B D S P & Associates Apr2025–Mar2030.
Business Overview:[1]
MAKSESL is in the business of procurement of Diesel Engines, Alternators, and other components from its suppliers, followed by the assembly of Diesel Generating Sets. These DG Sets, along with their spare parts, are then marketed and sold both domestically and internationally. In addition to the primary business, the company has expanded into the distribution of automotive spare parts within Maharashtra, India.