Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · Maximus International Limited · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
Maximus International Limited
BSE: 540401
BSE: 540401
Services › Services › Commercial Services & Supplies › Trading & Distributors
Maximus International Limited
StateQ1 FY27 filed
Last close · 9 Oct 2026₹14.79
Market cap₹0.2k cr
TTM P/E · P/B · EV/EBITDA22.4 · 2.10 · 13.3
Maximus International Limited is a Commercial Services & Supplies company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 69 | 100 | 109 | 157 | 185 |
| EBITDA (ex other income) | 6 | 9 | 8 | 13 | 14 |
| margin % | 9.0 | 9.3 | 7.1 | 8.5 | 7.3 |
| Owners' profit | 4 | 7 | 8 | 9 | 9 |
| EPS, as reported (₹) | 3.35 | 0.55 | 0.63 | 0.68 | 0.68 |
| ROE % · ROCE % | 13.5 · 17.6 | 17.9 · 19.5 | 16.2 · 18.9 | 11.3 · 15.5 | 9.7 · 14.5 |
| Debt / equity (x) | 0.18 | 0.23 | 0.36 | 0.28 | 0.41 |
| Cash from operations | (2) | 2 | (8) | (15) | (8) |
| Capex | (1) | (1) | (2) | (6) | (4) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Maximus International Limited · 9 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 37 | 45 | 40 | 46 | 43 | 56 | 60 |
| Profit before tax | 3 | 3 | 2 | 2 | 3 | 2 | 3 | 2 |
| Net profit | 2 | 3 | 2 | 2 | 3 | 2 | 2 | 2 |
| EPS (₹) | 0.15 | 0.21 | 0.15 | 0.17 | 0.20 | 0.15 | 0.16 | 0.15 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| REDINGTON LIMITED | 30,129 | 17.7 | 2.89 | 14.0 | 12.3 | 15.7 | 15.9 | 2.2 |
| MMTC LIMITED | 8,205 | 18.4 | 3.87 | 17.5 | 18.3 | 21.6 | (83.7) | 18426.5 |
| MSTC LIMITED | 4,746 | 20.3 | 5.25 | 14.1 | 24.2 | 31.8 | (13.9) | 86.5 |
| CREATIVE NEWTECH LIMITED | 1,578 | 24.2 | 4.07 | 18.2 | 18.1 | 21.0 | — | 5.2 |
| Pervasive Commodities Limited | 1,178 | — | 13.10 | — | (0.0) | (0.0) | — | 45.0 |
| The Yamuna Syndicate Ltd | 755 | 8.3 | 0.59 | 190.1 | 4.0 | 0.3 | 4.8 | 6.2 |
| SHIV AUM STEELS LIMITED | 755 | 66.4 | 6.25 | 48.0 | 6.0 | 6.9 | — | 4.9 |
| THE STATE TRADING CORPN | 614 | 0.9 | — | 51.2 | — | — | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 22.2 | 15.8 | 90 of 130 | 31% |
| P/B | 2.1 | 1.0 | 102 of 150 | 32% |
| ROCE | 10.7 | 2.1 | 33 of 177 | 82% |
| ROE | 9.7 | 2.3 | 32 of 158 | 80% |
| Debt / Equity | 0.4 | 0.1 | 113 of 154 | 27% |
| EBITDA margin | 7.6 | 4.5 | 52 of 137 | 63% |
| Revenue growth | 51.6 | (8.6) | 31 of 135 | 78% |
| Profit growth | (12.0) | 0.6 | 81 of 157 | 49% |
| Market cap | 199 | 22 | 22 of 180 | 88% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · Maximus International Limited · 9 October 2026Page 3 of 3
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 6 Oct 2026 · Maximus International board to consider promoter loan to equity conversion | fund raising | high | — | — |
| 6 Oct 2026 · Maximus International: Regulation 74(5) non-applicability confirmation for Sep 2026 | compliance | minimal | — | — |
| 3 Oct 2026 · Maximus International AGM results - all 8 resolutions passed with 99.99 percent majority | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Management attended Arihant Bharat Connect Rising Star conference on Sept 29 | investor communications | low | — | — |
| 30 Sept 2026 · Maximus International 11th AGM held on Sept 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading Window Closure from Oct 1, 2026 for Q2 Results | compliance | minimal | — | — |
| 22 Sept 2026 · Participation in Arihant Bharat Connect Conference Rising Star on 29 Sep 2026 | board shareholder meetings | low | — | — |
| 16 Sept 2026 · Investor Meet via Video Conference on 19 September 2026 | board shareholder meetings | low | — | — |
| 11 Sept 2026 · Aryaman Capital Markets buys 2.08 lakh shares of Maximus International via open market | ownership changes | medium | — | — |
| 11 Sept 2026 · Aryaman Capital crosses 5 percent stake in Maximus International via open market | ownership changes | high | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in