We wish to inform you that meeting held today to consider and approve the financial result
Awaiting price reaction for this filing.
Max Earth Resources Ltd (formerly Max Alert Systems Ltd) reported strong FY2026 results. Revenue from operations grew 59.7% to Rs.2329.41 lakhs from Rs.1458.72 lakhs in FY2025. Profit after tax increased 70% to Rs.551.80 lakhs from Rs.324.62 lakhs. EPS stands at Rs.59.98 per share. However, operating cash flow remained negative at Rs.-237.69 lakhs due to significant increases in trade receivables (Rs.590.45 lakhs) and short-term loans/advances (Rs.213.83 lakhs). The company has accumulated losses of Rs.1140.92 lakhs despite recent profitability. No debt on books. The board also re-appointed M/s. KKAB & Co LLP as internal auditor for FY2026-27.
Strong top-line and bottom-line growth demonstrates operational improvement, but negative operating cash flow and accumulated losses raise concerns about cash conversion quality. Shareholders should monitor receivables collection and working capital management.