Maks Energy Solutions India Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹9 Cr
- P/E
- 11.47
- ROE
- 4.53%
- PEG
- 0.39
- Price to sales
- 0.17
- Debt to equity
- 0.94
- 52W high / low
- ₹36.0 / ₹25.2
- Sales growth (5Y)
- 20.94%
- EBITDA margin
- 5.45%
- Net profit margin
- 1.44%
- Promoter holding
- 71.19%
- Sales (last year)
- ₹54 Cr
Incorporated in 2010, MAKS Energy Solutions Ltd is engaged in assembly and sale of Diesel Generating (DG) Sets and distribution of auto spare parts.[1]
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Maks Energy Solutions India shareholding (Sep 2026)
Promoters
71.19%
unchanged QoQ
FIIs
—
— QoQ
DIIs
0.00%
−0.99 pp QoQ
Public
28.81%
+0.99 pp QoQ
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹403 Cr | 12.8 | |
| 2 | 40%+ | Up 0–2% | ₹1,158 Cr | 12.7 | |
| 3 | 40%+ | Flat | ₹6,675 Cr | 74.6 | |
| 4 | 40%+ | Flat | ₹6,247 Cr | 15.4 | |
| 5 | 40%+ | Flat | ₹4,948 Cr | 25.0 | |
| 6 | 40%+ | Flat | ₹4,816 Cr | 53.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of Maks Energy
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Maks Energy
Shareholding breakup across reporting periods.
| Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 71.19% | 71.19% | 71.19% | 71.19% | 71.28% | 71.19% | 71.19% | 71.19% | 71.19% |
| DIIs + | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% | 0.67% | 0.99% | 0.00% |
| Public + | 28.81% | 28.81% | 28.81% | 28.81% | 28.72% | 28.66% | 28.14% | 27.82% | 28.81% |
| No. of Shareholders | 193 | 90 | 87 | 166 | 211 | 217 | 210 | 204 | 204 |
Financials of Maks Energy
Quarterly Results
Quarter-by-quarter operating performance
Financials of Maks Energy
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 42.20 | 20.90 | 25.54 | 44.33 | 66.26 | 66.48 | 54.08 | 50.85 |
| Sales growth | -50.47% | +22.20% | +73.57% | +49.47% | +0.33% | -18.65% | -13.14% | |
| Expenses + | 38.81 | 18.18 | 24.48 | 42.25 | 63.85 | 63.59 | 51.13 | 47.50 |
| Operating Profit | 3.39 | 2.72 | 1.06 | 2.08 | 2.41 | 2.89 | 2.95 | 3.35 |
| OPM % | 8.03% | 13.01% | 4.15% | 4.69% | 3.64% | 4.35% | 5.45% | 6.59% |
| Other Income + | 1.15 | -0.06 | -2.12 | 0.38 | -0.07 | 0.04 | 0.10 | -0.06 |
| Interest | 2.23 | 2.11 | 2.33 | 1.89 | 1.92 | 2.17 | 2.13 | 2.40 |
| Depreciation | 0.07 | 0.06 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 |
| Profit before tax | 2.24 | 0.49 | -3.44 | 0.53 | 0.39 | 0.73 | 0.90 | 0.87 |
| Tax % | 25.45% | 30.61% | 5.52% | 32.08% | 30.77% | 24.66% | 26.67% | |
| Net Profit + | 1.67 | 0.35 | -3.62 | 0.36 | 0.28 | 0.55 | 0.66 | 0.65 |
| EPS in Rs | 3.38 | 0.71 | -7.33 | 0.52 | 0.40 | 0.79 | 0.95 | 0.94 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials of Maks Energy
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.94 | 4.94 | 4.94 | 6.93 | 6.93 | 6.93 | 6.93 | 6.93 |
| Reserves | 9.98 | 10.33 | 6.70 | 9.13 | 9.41 | 9.96 | 10.63 | 10.67 |
| Borrowings + | 19.11 | 21.75 | 18.85 | 12.80 | 15.48 | 17.27 | 16.59 | 17.18 |
| Other Liabilities + | 10.29 | 7.00 | 5.40 | 2.64 | 1.88 | 2.23 | 1.14 | 0.52 |
| Total Liabilities | 44.32 | 44.02 | 35.89 | 31.50 | 33.70 | 36.39 | 35.29 | 35.30 |
| Fixed Assets + | 0.26 | 0.21 | 0.16 | 0.14 | 0.11 | 0.10 | 0.08 | 0.07 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.10 | 4.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets + | 39.96 | 39.71 | 35.73 | 31.36 | 33.59 | 36.29 | 35.21 | 35.23 |
| Total Assets | 44.32 | 44.02 | 35.89 | 31.50 | 33.70 | 36.39 | 35.29 | 35.30 |
Financials of Maks Energy
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -3.25 | 1.05 | 4.45 | 3.26 | 0.30 | 0.23 | 2.20 |
| Cash from Investing Activity + | 0.04 | 0.03 | 0.07 | -0.02 | 0.09 | 0.10 | 0.14 |
| Cash from Financing Activity + | 2.28 | -0.10 | -5.00 | -3.60 | 1.13 | 0.02 | -2.22 |
| Net Cash Flow | -0.93 | 0.98 | -0.47 | -0.36 | 1.52 | 0.34 | 0.12 |
| Free Cash Flow | -3.25 | 1.05 | 4.45 | 3.25 | 0.30 | 0.22 | 2.19 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -79% | 44% | 439% | 164% | 20% | 9% | 82% |
Financials of Maks Energy
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 167.54 | 359.76 | 303.26 | 109.92 | 75.14 | 110.80 | 139.37 |
| Inventory Days | 162.70 | 300.85 | 186.04 | 121.60 | 78.23 | 55.18 | 66.38 |
| Days Payable | 37.08 | 86.05 | 81.82 | 17.45 | 6.57 | 7.50 | 4.47 |
| Cash Conversion Cycle | 293.16 | 574.56 | 407.48 | 214.07 | 146.80 | 158.48 | 201.28 |
| Working Capital Days | 126.28 | 247.47 | 158.20 | 119.55 | 70.23 | 71.37 | 91.59 |
| ROCE % | 7.54% | 11.02% | 8.16% | 9.16% | 9.49% | 9.34% |
Maks Energy Solutions India: frequently asked questions
What is Maks Energy Solutions India share price today?
Maks Energy Solutions India last traded at ₹12.9, with a market capitalisation of ₹9 Cr and a P/E ratio of 11.5.
What is the promoter holding in Maks Energy Solutions India?
Promoters held 71.19% of Maks Energy Solutions India in Sep 2026 (unchanged versus Mar 2026).
How much do FIIs and DIIs hold in Maks Energy Solutions India?
In Sep 2026, foreign institutional investors held — and domestic institutions (including mutual funds) held 0.00% of Maks Energy Solutions India.
What is Maks Energy Solutions India's ROE and ROCE?
Maks Energy Solutions India's return on equity is 4.53% and its return on capital employed is 9.34%.
Does Maks Energy Solutions India pay a dividend?
Maks Energy Solutions India's dividend yield is 0% at the current price; see the Maks Energy Solutions India dividends page for past payouts.
Which sector does Maks Energy Solutions India belong to?
Maks Energy Solutions India is in the Industrial Products sector. Its peer comparison and sector ranking are on this page.
What did Maks Energy Solutions India's management say on the latest earnings call?
Arthneeti's analysis of the Q2 FY27 earnings call covers revenue, margins, capex and fundraising guidance from Maks Energy Solutions India's management.
How does Arthneeti AI analyse Maks Energy Solutions India?
Arthneeti reads Maks Energy Solutions India's earnings call transcripts and filings and scores revenue growth, margins, capex and fundraising, then ranks the company against its sector.
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What Maks Energy's management said in earlier quarters
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