MAXVOLT

Maxvolt Energy Industries Limited

Listed company · ISIN INE10A501018 · NSE SM · FV ₹10
Last price
₹380
+4.99%today
What this company does

Maxvolt Energy Industries Limited is a listed company. It booked ₹167 cr of revenue in its latest half year (H2 FY26) and kept 6.9% of sales as profit.

52out of 100
Equitytale Health Score
Mixed

Healthier than 52% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns75

How much profit it earns on the money it employs

Balance sheet37

How much it owes, and whether earnings cover the interest

Cash quality15

Whether reported profit actually arrives as cash

Valuation46

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ No promoter shares pledged
✓ Strong 22% return on equity
Watch-outs
! Thin 6.9% net margin

What if I invest in MAXVOLT?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹380▲ +4.99%
latest close · 2026-11-04
52-wk low ₹31174 sessions so far52-wk high ₹465
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio18.1Average
LowAverageHigh
P/B ratio3.97High
Below bookModerateHigh
EV / EBITDA13.0Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity22.0%Strong
WeakFairStrong ▸15%
Return on capital30.0%Strong
WeakFairStrong
Net margin6.9%Decent
ThinDecentStrong
EBITDA margin10.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.82Moderate
LowModerateHigh ▸1
Interest cover6.6×Strong
RiskyOkayStrong ▸5×
Current ratio1.78Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹414 cr
Book value
₹96
EPS
₹10.51
latest half year
Net debt
₹59 cr
owes more than its cash
Enterprise value
₹473 cr
EBITDA
₹36 cr
annualised
EBIT
₹35 cr
annualised
Operating margin
10.5%
Return on assets
10.2%
Earnings yield
5.53%
P/S
1.24
Sales / share
₹305.8
Tax rate
23.2%
Face value
₹10
Shares
1.1 cr
Working capital
₹84 cr
Current assets
₹192 cr
Current liabilities
₹108 cr
Delivery %
67.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹185–₹185, midpoint ₹185

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹167 cr
Other Income₹1 cr
Total Income₹168 cr
Cost of Materials₹132 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹5 cr
Employee Benefit Expense₹6 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹66.1 L
Other Expenses₹7 cr
Total Expenses₹153 cr
Profit before Tax₹15 cr
Tax Expense₹3 cr
Net Profit₹11 cr
Net margin on total income6.8%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹137 cr81.6%
Employee benefit expense₹6 cr3.4%
Finance costs₹3 cr1.6%
Depreciation & amortisation₹66.1 L0.4%
Other expenses₹7 cr4.2%
Tax expense₹3 cr2.1%
Profit for the period₹11 cr6.8%
Total income ₹168 cradds up to ₹100 ✓
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹225 cr
Shareholder equity
₹104 cr
parent shareholders
Total debt
₹85 cr
Cash
₹26 cr
Who owns it · 2026-09-30
No pledge
Promoter
39.2%
FII / Foreign
0.4%
DII / Domestic
1.1%
Retail / others
59.3%
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
Adoption of Audited Standalone and Consolidated Financial Statements for the Financial year ended March 31, 2026
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
13.34 L votes for, 0 against
2
To appoint a director in place of Mr. Vishal Gupta (DIN: 07842571), Chairman and Whole Time Director of the Company, who retires by rotation at the ensuing Annual General Meeting, and being eligible, offers his candidature for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
13.34 L votes for, 0 against
3
To increase the remuneration of Mr. Vishal Gupta (DIN: 07842571), Whole-Time Director and Chairman of the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
13.34 L votes for, 0 against
4
To increase the remuneration of Mr. Bhuvneshwar Pal Singh (DIN: 07645099), Managing Director and CFO of the Company
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
13.34 L votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 36 named members
owning 39.2% between them · as of 2026-09-30
BHUVNESHWAR PAL SINGH14.85%
Vishal Gupta14.63%
SACHIN GUPTA9.63%
PRADEEP GUPTA0.04%
PREETI GUPTA0.02%
Divya Gupta0.01%
ANKIT SINGH KUSHWAHAno shares
ANSHUMAN SINGHno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it
1 fundraise spent differently than promised

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹42 cr raised in Dec 2025 by selling shares to selected investors

As of Mar 2026, the company says it has spent 100% of what it set aside.

Working Capital
100%
₹11 cr of ₹11 cr
General Corporate Purpose
100%
₹5.9 L of ₹5.9 L
₹54 cr raised in Feb 2025 by selling shares to the public
⚑ company reported a change of plan

As of Mar 2026, the company says it has spent 76% of what it set aside, leaving ₹9 cr still to be spent.

“Under the original object- Funding of capital expenditure requirements of our Company, Change made in Point (B) - New recycling battery line. New Object - Investment in purchase of equity shares of subsidiary company”the company’s own explanation, as filed · shareholders approved the change
General corporate purposes-IPO Expenses
100%
₹3 cr of ₹3 cr
General corporate purposes-Others
100%
₹7 cr of ₹7 cr
Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks, financial institutions and non-banking financial companies by our Company from banks, financial institutions and non-banking financial companies
91%
₹8 cr of ₹9 cr
Funding of capital expenditure requirements of our Company
now filed as: Change made in Point (B) - New recycling battery line. New Object - Investment in purchase of equity shares of subsidiary company
originally ₹24 cr
budget changed
0%
₹0 cr of ₹8 cr
Offer For Sale-OFS
100%
₹11 cr of ₹11 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.