Share Price and Basic Stock Data
Last Updated: November 28, 2025, 8:48 am
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Max India Ltd, functioning as a holding company, reported a market capitalization of ₹1,044 Cr with a share price of ₹199. The company’s sales exhibited fluctuations over the past quarters, with a peak of ₹58 Cr in September 2022, followed by a decline to ₹41 Cr in June 2023 and a slight recovery to ₹49 Cr in September 2023. However, the trend appears inconsistent, as sales projections for the upcoming quarters show continued volatility, with ₹45 Cr expected in March 2024 and dropping to ₹26 Cr in June 2024. Over the past fiscal years, annual sales peaked at ₹229 Cr in March 2022 but have since declined to ₹191 Cr in March 2024 and ₹163 Cr in March 2025. This downward trajectory signals potential challenges in revenue generation, necessitating strategic interventions to stabilize performance.
Profitability and Efficiency Metrics
Max India Ltd’s profitability metrics have raised concerns, with a reported net profit of ₹-150 Cr and an operating profit margin (OPM) of -76%. The company faced operating losses across multiple quarters, with the most severe drop recorded at -106% in June 2024. Operating profit fluctuated severely, with the highest at ₹10 Cr in March 2023, followed by a significant decline to ₹-101 Cr in March 2025. Its return on equity (ROE) stands at an impressive 30.0%, while return on capital employed (ROCE) is at 23.6%, indicating effective utilization of equity and capital despite the overall losses. The interest coverage ratio (ICR) at -12.39x further highlights the company’s struggles in servicing its debt obligations, underlining the urgent need for operational efficiency and cost management.
Balance Sheet Strength and Financial Ratios
The balance sheet of Max India Ltd indicates a total borrowing of ₹102 Cr against reserves of ₹315 Cr. The company’s current ratio is reported at 2.15, suggesting a solid liquidity position, as it comfortably exceeds the benchmark of 1.5 typically seen in the sector. However, the debt-to-equity ratio remains low at 0, indicating minimal leverage, which can be seen as a strength but also raises questions about growth financing strategies. The company’s book value per share decreased to ₹82.29 in March 2025 from ₹125.99 in March 2023, reflecting a deterioration in net asset value. The enterprise value (EV) stood at ₹694.17 Cr with an EV to net operating revenue ratio of 4.77, which indicates that the market might be pricing in future risks rather than current performance. These figures highlight the need for a reevaluation of asset utilization and capital structure.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Max India Ltd shows that promoters hold 49.59% of the stake, with foreign institutional investors (FIIs) at 7.02% and domestic institutional investors (DIIs) at 1.41%. The public holds 41.99% of the shares, indicating a diversified ownership structure. Notably, promoter holdings have gradually decreased from 51.11% in March 2023 to 49.59% in September 2025, which may reflect a lack of confidence or strategic realignment. The number of shareholders also fluctuated, standing at 39,796 as of September 2025, suggesting potential volatility in investor sentiment. The declining FII percentage from 11.38% in December 2022 to 7.02% in September 2025 raises concerns about external confidence in the company’s future prospects. This could impact the company’s ability to raise capital and execute growth strategies effectively.
Outlook, Risks, and Final Insight
The outlook for Max India Ltd appears challenging given the declining revenue trends and persistent operational losses. Key risks include the company’s volatile sales performance, high operating costs reflected in the negative margins, and the deteriorating interest coverage ratio, which could hamper financial stability. Conversely, the company has strengths such as a solid liquidity position and high return ratios, which could be leveraged for future growth. Should the company successfully implement cost management strategies and improve operational efficiencies, it may stabilize its financial performance. However, failure to address these operational challenges could lead to further declines in shareholder confidence and market valuation. In summary, while there are pathways to recovery, the company must navigate significant hurdles to regain its growth trajectory.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Max India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Choice International Ltd | 17,074 Cr. | 817 | 841/438 | 94.2 | 59.5 | 0.00 % | 20.0 % | 19.6 % | 10.0 |
| Abans Holdings Ltd | 1,027 Cr. | 203 | 371/165 | 8.38 | 233 | 0.00 % | 9.71 % | 10.2 % | 2.00 |
| Max India Ltd | 1,074 Cr. | 205 | 312/160 | 89.4 | 0.00 % | 23.6 % | 30.0 % | 10.0 | |
| IDFC Ltd | 17,275 Cr. | 108 | / | 19.9 | 83.6 | 0.93 % | 8.49 % | 8.37 % | 10.0 |
| BF Investment Ltd | 1,656 Cr. | 440 | 765/398 | 20.2 | 1,880 | 0.00 % | 4.62 % | 3.39 % | 5.00 |
| Industry Average | 71,367.14 Cr | 2,160.29 | 32.51 | 1,274.21 | 0.26% | 12.46% | 13.71% | 6.86 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 44 | 58 | 43 | 56 | 41 | 49 | 41 | 45 | 26 | 43 | 35 | 42 | 37 |
| Expenses | 45 | 56 | 46 | 55 | 53 | 54 | 58 | 66 | 54 | 64 | 64 | 82 | 65 |
| Operating Profit | -1 | 2 | -3 | 1 | -12 | -5 | -17 | -21 | -28 | -21 | -30 | -41 | -28 |
| OPM % | -3% | 4% | -7% | 2% | -31% | -9% | -43% | -46% | -106% | -49% | -85% | -98% | -76% |
| Other Income | 2 | 3 | 3 | 4 | 6 | 6 | 5 | 5 | 6 | 5 | -8 | 4 | 13 |
| Interest | 2 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 6 |
| Profit before tax | -2 | 2 | -4 | 1 | -10 | -2 | -17 | -20 | -27 | -22 | -44 | -45 | -25 |
| Tax % | 83% | 208% | -93% | 388% | 19% | 160% | 8% | 6% | 0% | 3% | 0% | 2% | 4% |
| Net Profit | -4 | -2 | -0 | -4 | -12 | -5 | -18 | -22 | -27 | -23 | -45 | -46 | -26 |
| EPS in Rs | -0.65 | -0.34 | -0.05 | -0.82 | -2.38 | -0.91 | -3.48 | -4.20 | -5.25 | -4.42 | -8.68 | -8.88 | -4.91 |
Last Updated: August 20, 2025, 7:05 am
Below is a detailed analysis of the quarterly data for Max India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 37.00 Cr.. The value appears to be declining and may need further review. It has decreased from 42.00 Cr. (Mar 2025) to 37.00 Cr., marking a decrease of 5.00 Cr..
- For Expenses, as of Jun 2025, the value is 65.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 82.00 Cr. (Mar 2025) to 65.00 Cr., marking a decrease of 17.00 Cr..
- For Operating Profit, as of Jun 2025, the value is -28.00 Cr.. The value appears strong and on an upward trend. It has increased from -41.00 Cr. (Mar 2025) to -28.00 Cr., marking an increase of 13.00 Cr..
- For OPM %, as of Jun 2025, the value is -76.00%. The value appears strong and on an upward trend. It has increased from -98.00% (Mar 2025) to -76.00%, marking an increase of 22.00%.
- For Other Income, as of Jun 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 4.00 Cr. (Mar 2025) to 13.00 Cr., marking an increase of 9.00 Cr..
- For Interest, as of Jun 2025, the value is 4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Mar 2025) to 4.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Mar 2025) to 6.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is -25.00 Cr.. The value appears strong and on an upward trend. It has increased from -45.00 Cr. (Mar 2025) to -25.00 Cr., marking an increase of 20.00 Cr..
- For Tax %, as of Jun 2025, the value is 4.00%. The value appears to be increasing, which may not be favorable. It has increased from 2.00% (Mar 2025) to 4.00%, marking an increase of 2.00%.
- For Net Profit, as of Jun 2025, the value is -26.00 Cr.. The value appears strong and on an upward trend. It has increased from -46.00 Cr. (Mar 2025) to -26.00 Cr., marking an increase of 20.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is -4.91. The value appears strong and on an upward trend. It has increased from -8.88 (Mar 2025) to -4.91, marking an increase of 3.97.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: November 15, 2025, 4:53 am
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 211 | 121 | 229 | 212 | 191 | 163 | 158 |
| Expenses | 216 | 150 | 232 | 202 | 229 | 264 | 287 |
| Operating Profit | -5 | -29 | -3 | 10 | -38 | -101 | -129 |
| OPM % | -2% | -24% | -1% | 5% | -20% | -62% | -82% |
| Other Income | 277 | 0 | 2 | 1 | 4 | -10 | 13 |
| Interest | 27 | 24 | 10 | 6 | 5 | 8 | 12 |
| Depreciation | 8 | 10 | 7 | 8 | 10 | 19 | 22 |
| Profit before tax | 237 | -64 | -18 | -3 | -49 | -139 | -150 |
| Tax % | 2% | -17% | -11% | 245% | 15% | 1% | |
| Net Profit | 232 | -53 | -16 | -10 | -56 | -140 | -150 |
| EPS in Rs | 29,706.00 | -8.30 | -2.52 | -2.03 | -10.97 | -27.05 | -28.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -122.84% | 69.81% | 37.50% | -460.00% | -150.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | 192.66% | -32.31% | -497.50% | 310.00% |
Max India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -5% |
| 3 Years: | -11% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -88% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 40% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -9% |
| 3 Years: | -13% |
| Last Year: | -30% |
Last Updated: Unknown
Balance Sheet
Last Updated: August 11, 2025, 2:20 pm
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Equity Capital | 54 | 54 | 54 | 43 | 43 | 44 |
| Reserves | 652 | 599 | 588 | 499 | 449 | 315 |
| Borrowings | 182 | 145 | 61 | 45 | 44 | 102 |
| Other Liabilities | 136 | 198 | 156 | 166 | 148 | 172 |
| Total Liabilities | 1,024 | 996 | 858 | 753 | 684 | 633 |
| Fixed Assets | 144 | 156 | 159 | 159 | 193 | 170 |
| CWIP | 1 | 0 | 0 | 0 | 10 | 21 |
| Investments | 414 | 334 | 178 | 83 | 63 | 53 |
| Other Assets | 465 | 506 | 522 | 511 | 418 | 389 |
| Total Assets | 1,024 | 996 | 858 | 753 | 684 | 633 |
Below is a detailed analysis of the balance sheet data for Max India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 44.00 Cr.. The value appears strong and on an upward trend. It has increased from 43.00 Cr. (Mar 2024) to 44.00 Cr., marking an increase of 1.00 Cr..
- For Reserves, as of Mar 2025, the value is 315.00 Cr.. The value appears to be declining and may need further review. It has decreased from 449.00 Cr. (Mar 2024) to 315.00 Cr., marking a decrease of 134.00 Cr..
- For Borrowings, as of Mar 2025, the value is 102.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 44.00 Cr. (Mar 2024) to 102.00 Cr., marking an increase of 58.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 172.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 148.00 Cr. (Mar 2024) to 172.00 Cr., marking an increase of 24.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 633.00 Cr.. The value appears to be improving (decreasing). It has decreased from 684.00 Cr. (Mar 2024) to 633.00 Cr., marking a decrease of 51.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 170.00 Cr.. The value appears to be declining and may need further review. It has decreased from 193.00 Cr. (Mar 2024) to 170.00 Cr., marking a decrease of 23.00 Cr..
- For CWIP, as of Mar 2025, the value is 21.00 Cr.. The value appears strong and on an upward trend. It has increased from 10.00 Cr. (Mar 2024) to 21.00 Cr., marking an increase of 11.00 Cr..
- For Investments, as of Mar 2025, the value is 53.00 Cr.. The value appears to be declining and may need further review. It has decreased from 63.00 Cr. (Mar 2024) to 53.00 Cr., marking a decrease of 10.00 Cr..
- For Other Assets, as of Mar 2025, the value is 389.00 Cr.. The value appears to be declining and may need further review. It has decreased from 418.00 Cr. (Mar 2024) to 389.00 Cr., marking a decrease of 29.00 Cr..
- For Total Assets, as of Mar 2025, the value is 633.00 Cr.. The value appears to be declining and may need further review. It has decreased from 684.00 Cr. (Mar 2024) to 633.00 Cr., marking a decrease of 51.00 Cr..
Notably, the Reserves (315.00 Cr.) exceed the Borrowings (102.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -187.00 | -174.00 | -64.00 | -35.00 | -82.00 | -203.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Debtor Days | 24 | 22 | 9 | 5 | 9 | 50 |
| Inventory Days | 1,736 | 6,544 | 385 | 223 | 38 | 186 |
| Days Payable | 154 | 633 | 28 | 48 | 148 | 346 |
| Cash Conversion Cycle | 1,607 | 5,932 | 366 | 180 | -100 | -111 |
| Working Capital Days | 438 | 500 | 343 | 249 | -99 | -93 |
| ROCE % | -4% | -0% | 1% | -8% | -24% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | -32.50 | -13.08 | -2.18 | -3.35 | -9.88 |
| Diluted EPS (Rs.) | -32.50 | -13.08 | -2.17 | -3.35 | -9.88 |
| Cash EPS (Rs.) | -28.06 | -10.96 | -0.15 | -1.34 | -7.81 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 82.29 | 114.05 | 125.99 | 118.45 | 121.44 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 82.29 | 114.05 | 125.99 | 118.45 | 121.44 |
| Revenue From Operations / Share (Rs.) | 33.38 | 40.68 | 46.72 | 42.74 | 22.47 |
| PBDIT / Share (Rs.) | -22.91 | -8.20 | 3.00 | 1.17 | -3.72 |
| PBIT / Share (Rs.) | -27.23 | -10.55 | 1.04 | -0.49 | -5.65 |
| PBT / Share (Rs.) | -31.97 | -11.61 | -0.40 | -3.36 | -11.72 |
| Net Profit / Share (Rs.) | -32.38 | -13.31 | -2.12 | -3.01 | -9.73 |
| NP After MI And SOA / Share (Rs.) | -32.21 | -13.06 | -2.41 | -3.35 | -9.88 |
| PBDIT Margin (%) | -68.63 | -20.15 | 6.43 | 2.74 | -16.54 |
| PBIT Margin (%) | -81.57 | -25.93 | 2.22 | -1.16 | -25.12 |
| PBT Margin (%) | -95.77 | -28.53 | -0.86 | -7.86 | -52.13 |
| Net Profit Margin (%) | -97.01 | -32.71 | -4.53 | -7.04 | -43.31 |
| NP After MI And SOA Margin (%) | -96.49 | -32.10 | -5.16 | -7.84 | -43.94 |
| Return on Networth / Equity (%) | -39.14 | -11.45 | -1.91 | -2.83 | -8.13 |
| Return on Capital Employeed (%) | -25.37 | -8.34 | 0.75 | -0.38 | -3.93 |
| Return On Assets (%) | -22.18 | -8.23 | -1.37 | -2.11 | -5.32 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.04 | 0.06 | 0.13 |
| Total Debt / Equity (X) | 0.00 | 0.00 | 0.04 | 0.06 | 0.13 |
| Asset Turnover Ratio (%) | 0.22 | 0.24 | 0.25 | 0.24 | 0.11 |
| Current Ratio (X) | 2.15 | 2.47 | 2.86 | 3.58 | 3.49 |
| Quick Ratio (X) | 2.05 | 2.43 | 2.54 | 2.73 | 2.38 |
| Inventory Turnover Ratio (X) | 12.78 | 0.46 | 0.04 | 0.02 | 0.01 |
| Interest Coverage Ratio (X) | -12.39 | -7.72 | 2.08 | 0.61 | -0.81 |
| Interest Coverage Ratio (Post Tax) (X) | -14.95 | -11.53 | -0.46 | -0.07 | -0.80 |
| Enterprise Value (Cr.) | 694.17 | 645.65 | 281.41 | 408.39 | 411.70 |
| EV / Net Operating Revenue (X) | 4.77 | 3.68 | 1.40 | 1.78 | 3.41 |
| EV / EBITDA (X) | -6.95 | -18.24 | 21.77 | 64.67 | -20.59 |
| MarketCap / Net Operating Revenue (X) | 5.51 | 4.86 | 1.75 | 1.73 | 2.86 |
| Price / BV (X) | 2.24 | 1.73 | 0.64 | 0.62 | 0.52 |
| Price / Net Operating Revenue (X) | 5.51 | 4.86 | 1.75 | 1.73 | 2.86 |
| EarningsYield | -0.17 | -0.06 | -0.02 | -0.04 | -0.15 |
After reviewing the key financial ratios for Max India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is -32.50. This value is below the healthy minimum of 5. It has decreased from -13.08 (Mar 24) to -32.50, marking a decrease of 19.42.
- For Diluted EPS (Rs.), as of Mar 25, the value is -32.50. This value is below the healthy minimum of 5. It has decreased from -13.08 (Mar 24) to -32.50, marking a decrease of 19.42.
- For Cash EPS (Rs.), as of Mar 25, the value is -28.06. This value is below the healthy minimum of 3. It has decreased from -10.96 (Mar 24) to -28.06, marking a decrease of 17.10.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 82.29. It has decreased from 114.05 (Mar 24) to 82.29, marking a decrease of 31.76.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 82.29. It has decreased from 114.05 (Mar 24) to 82.29, marking a decrease of 31.76.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 33.38. It has decreased from 40.68 (Mar 24) to 33.38, marking a decrease of 7.30.
- For PBDIT / Share (Rs.), as of Mar 25, the value is -22.91. This value is below the healthy minimum of 2. It has decreased from -8.20 (Mar 24) to -22.91, marking a decrease of 14.71.
- For PBIT / Share (Rs.), as of Mar 25, the value is -27.23. This value is below the healthy minimum of 0. It has decreased from -10.55 (Mar 24) to -27.23, marking a decrease of 16.68.
- For PBT / Share (Rs.), as of Mar 25, the value is -31.97. This value is below the healthy minimum of 0. It has decreased from -11.61 (Mar 24) to -31.97, marking a decrease of 20.36.
- For Net Profit / Share (Rs.), as of Mar 25, the value is -32.38. This value is below the healthy minimum of 2. It has decreased from -13.31 (Mar 24) to -32.38, marking a decrease of 19.07.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is -32.21. This value is below the healthy minimum of 2. It has decreased from -13.06 (Mar 24) to -32.21, marking a decrease of 19.15.
- For PBDIT Margin (%), as of Mar 25, the value is -68.63. This value is below the healthy minimum of 10. It has decreased from -20.15 (Mar 24) to -68.63, marking a decrease of 48.48.
- For PBIT Margin (%), as of Mar 25, the value is -81.57. This value is below the healthy minimum of 10. It has decreased from -25.93 (Mar 24) to -81.57, marking a decrease of 55.64.
- For PBT Margin (%), as of Mar 25, the value is -95.77. This value is below the healthy minimum of 10. It has decreased from -28.53 (Mar 24) to -95.77, marking a decrease of 67.24.
- For Net Profit Margin (%), as of Mar 25, the value is -97.01. This value is below the healthy minimum of 5. It has decreased from -32.71 (Mar 24) to -97.01, marking a decrease of 64.30.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is -96.49. This value is below the healthy minimum of 8. It has decreased from -32.10 (Mar 24) to -96.49, marking a decrease of 64.39.
- For Return on Networth / Equity (%), as of Mar 25, the value is -39.14. This value is below the healthy minimum of 15. It has decreased from -11.45 (Mar 24) to -39.14, marking a decrease of 27.69.
- For Return on Capital Employeed (%), as of Mar 25, the value is -25.37. This value is below the healthy minimum of 10. It has decreased from -8.34 (Mar 24) to -25.37, marking a decrease of 17.03.
- For Return On Assets (%), as of Mar 25, the value is -22.18. This value is below the healthy minimum of 5. It has decreased from -8.23 (Mar 24) to -22.18, marking a decrease of 13.95.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.22. It has decreased from 0.24 (Mar 24) to 0.22, marking a decrease of 0.02.
- For Current Ratio (X), as of Mar 25, the value is 2.15. This value is within the healthy range. It has decreased from 2.47 (Mar 24) to 2.15, marking a decrease of 0.32.
- For Quick Ratio (X), as of Mar 25, the value is 2.05. This value exceeds the healthy maximum of 2. It has decreased from 2.43 (Mar 24) to 2.05, marking a decrease of 0.38.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 12.78. This value exceeds the healthy maximum of 8. It has increased from 0.46 (Mar 24) to 12.78, marking an increase of 12.32.
- For Interest Coverage Ratio (X), as of Mar 25, the value is -12.39. This value is below the healthy minimum of 3. It has decreased from -7.72 (Mar 24) to -12.39, marking a decrease of 4.67.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -14.95. This value is below the healthy minimum of 3. It has decreased from -11.53 (Mar 24) to -14.95, marking a decrease of 3.42.
- For Enterprise Value (Cr.), as of Mar 25, the value is 694.17. It has increased from 645.65 (Mar 24) to 694.17, marking an increase of 48.52.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.77. This value exceeds the healthy maximum of 3. It has increased from 3.68 (Mar 24) to 4.77, marking an increase of 1.09.
- For EV / EBITDA (X), as of Mar 25, the value is -6.95. This value is below the healthy minimum of 5. It has increased from -18.24 (Mar 24) to -6.95, marking an increase of 11.29.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 5.51. This value exceeds the healthy maximum of 3. It has increased from 4.86 (Mar 24) to 5.51, marking an increase of 0.65.
- For Price / BV (X), as of Mar 25, the value is 2.24. This value is within the healthy range. It has increased from 1.73 (Mar 24) to 2.24, marking an increase of 0.51.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 5.51. This value exceeds the healthy maximum of 3. It has increased from 4.86 (Mar 24) to 5.51, marking an increase of 0.65.
- For EarningsYield, as of Mar 25, the value is -0.17. This value is below the healthy minimum of 5. It has decreased from -0.06 (Mar 24) to -0.17, marking a decrease of 0.11.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Max India Ltd:
- Net Profit Margin: -97.01%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: -25.37% (Industry Average ROCE: 12.46%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: -39.14% (Industry Average ROE: 13.71%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): -14.95
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.05
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 32.51)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: -97.01%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Holding Company | 167, Floor 1, Plot- 167A, Ready Money Mansion, Mumbai Maharashtra 400018 | investorhelpline@maxindia.com http://www.maxindia.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Analjit Singh | Founder & Chairman |
| Ms. Tara Singh Vachani | Vice Chairperson |
| Mr. Rajit Mehta | Managing Director |
| Mr. Mohit Talwar | Non Executive Director |
| Mr. Pradeep Pant | Independent Director |
| Ms. Sharmila Tagore | Independent Director |
| Dr. Ajit Singh | Independent Director |
| Mr. Niten Malhan | Independent Director |
| Mr. Rohit Kapoor | Independent Director |
FAQ
What is the intrinsic value of Max India Ltd?
Max India Ltd's intrinsic value (as of 30 November 2025) is 328.28 which is 60.14% higher the current market price of 205.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,074 Cr. market cap, FY2025-2026 high/low of 312/160, reserves of ₹315 Cr, and liabilities of 633 Cr.
What is the Market Cap of Max India Ltd?
The Market Cap of Max India Ltd is 1,074 Cr..
What is the current Stock Price of Max India Ltd as on 30 November 2025?
The current stock price of Max India Ltd as on 30 November 2025 is 205.
What is the High / Low of Max India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Max India Ltd stocks is 312/160.
What is the Stock P/E of Max India Ltd?
The Stock P/E of Max India Ltd is .
What is the Book Value of Max India Ltd?
The Book Value of Max India Ltd is 89.4.
What is the Dividend Yield of Max India Ltd?
The Dividend Yield of Max India Ltd is 0.00 %.
What is the ROCE of Max India Ltd?
The ROCE of Max India Ltd is 23.6 %.
What is the ROE of Max India Ltd?
The ROE of Max India Ltd is 30.0 %.
What is the Face Value of Max India Ltd?
The Face Value of Max India Ltd is 10.0.