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 ₹ 241 Cr.
- Current Price ₹ 17.7
- High / Low ₹ 30.4 / 15.4
- Stock P/E 804
- Book Value ₹ 2.66
- Dividend Yield 0.00 %
- ROCE 3.17 %
- ROE 0.53 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 6.66 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.89% over last 3 years.
- Earnings include an other income of Rs.1.55 Cr.
- Company has high debtors of 274 days.
- Working capital days have increased from 81.4 days to 176 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.49 | 10.29 | 21.80 | 45.86 | 4.99 | 4.70 | 4.30 | 17.70 | 8.18 | 8.48 | |
| 0.47 | 9.53 | 21.54 | 45.09 | 4.78 | 4.69 | 5.03 | 17.82 | 8.29 | 8.64 | |
| Operating Profit | 0.02 | 0.76 | 0.26 | 0.77 | 0.21 | 0.01 | -0.73 | -0.12 | -0.11 | -0.16 |
| OPM % | 4.08% | 7.39% | 1.19% | 1.68% | 4.21% | 0.21% | -16.98% | -0.68% | -1.34% | -1.89% |
| 0.00 | 0.04 | 0.53 | 0.80 | 1.04 | 0.84 | 0.92 | 1.20 | 1.10 | 1.55 | |
| Interest | 0.00 | 0.15 | 0.15 | 0.44 | 0.29 | 0.20 | 0.16 | 0.16 | 0.59 | 0.67 |
| Depreciation | 0.00 | 0.03 | 0.10 | 0.16 | 0.22 | 0.26 | 0.24 | 0.23 | 0.32 | 0.36 |
| Profit before tax | 0.02 | 0.62 | 0.54 | 0.97 | 0.74 | 0.39 | -0.21 | 0.69 | 0.08 | 0.36 |
| Tax % | 50.00% | 33.87% | 27.78% | 25.77% | 21.62% | 38.46% | 4.76% | 20.29% | -12.50% | |
| 0.01 | 0.40 | 0.38 | 0.72 | 0.57 | 0.24 | -0.22 | 0.55 | 0.08 | 0.30 | |
| EPS in Rs | 0.01 | 0.04 | 0.03 | 0.06 | 0.05 | 0.02 | -0.02 | 0.04 | 0.01 | 0.03 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -29% |
| 3 Years: | 20% |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -36% |
| 3 Years: | -31% |
| TTM: | 600% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 23% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 5.21 | 6.29 | 12.57 | 12.57 | 12.57 | 12.57 | 12.57 | 12.57 | 13.60 |
| Reserves | 0.01 | 3.98 | 6.25 | 1.34 | 2.11 | 1.47 | 1.83 | 2.38 | 2.46 | 22.61 |
| 0.00 | 0.11 | 1.75 | 1.46 | 1.17 | 1.47 | 0.69 | 4.79 | 7.48 | 3.91 | |
| 0.02 | 1.08 | 2.37 | 3.49 | 1.32 | 1.31 | 1.20 | 0.52 | 3.68 | 1.29 | |
| Total Liabilities | 0.53 | 10.38 | 16.66 | 18.86 | 17.17 | 16.82 | 16.29 | 20.26 | 26.19 | 41.41 |
| 0.00 | 0.34 | 2.80 | 2.66 | 3.18 | 2.92 | 1.75 | 2.21 | 2.87 | 2.84 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 | 0.10 | 0.00 |
| Investments | 0.00 | 0.00 | 1.11 | 6.21 | 6.06 | 5.22 | 4.47 | 4.47 | 4.47 | 4.47 |
| 0.53 | 10.04 | 12.75 | 9.99 | 7.93 | 8.68 | 10.07 | 13.41 | 18.75 | 34.10 | |
| Total Assets | 0.53 | 10.38 | 16.66 | 18.86 | 17.17 | 16.82 | 16.29 | 20.26 | 26.19 | 41.41 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| -0.46 | -2.53 | 2.29 | 0.78 | -1.58 | 1.53 | -2.05 | -1.50 | -2.09 | |
| 0.00 | -1.79 | -9.74 | -0.62 | 1.17 | -1.21 | 2.37 | -1.07 | -1.37 | |
| 0.50 | 8.22 | 4.38 | -0.52 | -0.08 | -0.23 | -0.33 | 3.93 | 2.10 | |
| Net Cash Flow | 0.04 | 3.90 | -3.06 | -0.36 | -0.49 | 0.09 | -0.02 | 1.37 | -1.36 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 357.55 | 84.07 | 38.34 | 21.57 | 2.93 | 10.10 | 59.42 | 39.59 | 273.53 |
| Inventory Days | 0.00 | 16.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.22 | 8.33 |
| Days Payable | 34.98 | 4.33 | 189.44 | ||||||
| Cash Conversion Cycle | 357.55 | 65.55 | 38.34 | 21.57 | 2.93 | 10.10 | 59.42 | 35.48 | 92.42 |
| Working Capital Days | 350.10 | 126.99 | 32.31 | 13.93 | 176.28 | 361.89 | 30.56 | 37.74 | 175.81 |
| ROCE % | 15.70% | 5.68% | 9.51% | 6.60% | 3.76% | -0.65% | 5.11% | 3.17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
16 Nov - Maximus reports 77% EBITDA increase and 63% revenue growth.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Publication of unaudited financial results for Q2 2024.
- Submission Of Unaudited Standalone And Consolidated Financial Results Of The Company For The Second Quarter Ended On 30Th September, 2024. 14 Nov
-
Submission Of Statement Of Deviation(S) Or Variation(S) Pursuant To Regulation 32 Of SEBI (LODR) Regulations, 2015.
14 Nov - Submission of deviation statement for preferential issue.
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. On Thursday, 14Th November, 2024
14 Nov - Approval of Q2 financial results by Board.
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.