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 ₹ 219 Cr.
- Current Price ₹ 17.2
- High / Low ₹ 30.4 / 16.1
- Stock P/E 25.2
- Book Value ₹ 3.23
- Dividend Yield 0.00 %
- ROCE 18.2 %
- ROE 21.6 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 33.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.87%
- Tax rate seems low
- Earnings include an other income of Rs.4.51 Cr.
* 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
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 33 | 57 | 31 | 52 | 69 | 100 | 109 | 127 | |
| 31 | 55 | 28 | 47 | 63 | 90 | 101 | 118 | |
| Operating Profit | 2 | 3 | 3 | 6 | 6 | 9 | 8 | 9 |
| OPM % | 5% | 5% | 10% | 11% | 9% | 9% | 7% | 7% |
| 0 | 1 | 1 | 1 | 1 | 2 | 4 | 5 | |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 3 | 4 | 5 | 8 | 8 | 10 |
| Tax % | 9% | 7% | 12% | 11% | 10% | 8% | 5% | |
| 1 | 2 | 3 | 4 | 5 | 7 | 8 | 9 | |
| EPS in Rs | 0.12 | 0.15 | 0.20 | 0.25 | 0.33 | 0.55 | 0.63 | 0.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 28% |
| TTM: | 28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 33% |
| 3 Years: | 36% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 30% |
| 3 Years: | 18% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 21% |
| Last Year: | 22% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 7 | 4 | 7 | 9 | 14 | 19 | 28 |
| 2 | 1 | 5 | 7 | 7 | 9 | 18 | |
| 3 | 4 | 18 | 18 | 22 | 36 | 24 | |
| Total Liabilities | 18 | 22 | 43 | 46 | 54 | 77 | 82 |
| 3 | 3 | 12 | 11 | 10 | 10 | 10 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Investments | 2 | 2 | 2 | 1 | 0 | 0 | 0 |
| 13 | 17 | 28 | 33 | 44 | 67 | 71 | |
| Total Assets | 18 | 22 | 43 | 46 | 54 | 77 | 82 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| 3 | 2 | -8 | 7 | -2 | 2 | -8 | |
| -11 | -1 | -3 | -2 | 2 | -2 | 0 | |
| 4 | -1 | 11 | -5 | -0 | 1 | 6 | |
| Net Cash Flow | -3 | 0 | -0 | 0 | -0 | 1 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 29 | 34 | 152 | 97 | 125 | 157 | 147 |
| Inventory Days | 0 | 0 | 89 | 54 | 31 | 31 | 26 |
| Days Payable | 102 | 50 | 72 | 94 | 42 | ||
| Cash Conversion Cycle | 29 | 34 | 138 | 101 | 84 | 93 | 131 |
| Working Capital Days | 19 | 21 | 176 | 142 | 122 | 123 | 173 |
| ROCE % | 23% | 15% | 15% | 17% | 21% | 18% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
1 Oct - Declaration of e-Voting results from 9th AGM.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 30 Sep
- Closure of Trading Window 26 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Sep - Submission of Newspaper Publication regarding 9th Annual General Meeting, e-voting and Book Closure information in the newspapers (Post-Dispatch)
-
Submission Of Notice Of 9Th Annual General Meeting Of The Company.
6 Sep - Notice of 9th Annual General Meeting scheduled for September 30, 2024.
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.