MAXGROW INDIA LIMITED

BSE: MAXGROW521167ISIN INE485D01043

Consumer Discretionary
Gems, Jewellery And Watches

BSE listing

Share price

₹167.25-3.40 (-1.99%)

as of 25 Sep 2026

52W high: ₹196.45
52W low: ₹15.48
Off 52W high: -14.86%
1M return: +16.57%
3M return: +233.57%
6M return: +238.63%
1Y return: +1,033.90%
20D avg volume: 33,488
50 DMA: ₹126.56
200 DMA: —

Key ratios Consolidated

Market cap: ₹668.08 Cr
Current price: ₹167.25
52W high / low: ₹196.45 / ₹15.48
Face value: ₹5.00
P/E: -0.10
P/B: —
EPS (TTM): ₹-1,723.45
Book value / share: —
ROE: —
ROCE: 21.70%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-7.44 Cr
Interest cover: 5,004.11
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 35.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q4 FY24
Income statement
	7,385	0.00	6,106	5,305	3,550	2,758	0.00	—
	0.07	0.00	0.00	0.00	0.01	0.00	0.00	—
	7,186	7,290	5,995	5,210	3,481	2,707	0.15	—
	7,163	0.00	0.00	0.00	0.00	2,693	0.00	—
	0.00	7,252	5,962	5,188	3,471	0.00	0.00	—
	0.04	0.10	0.10	0.10	0.09	0.07	0.05	—
	0.00	0.03	0.02	0.02	0.01	0.01	0.01	—
	0.09	0.32	0.27	0.28	0.23	0.14	0.00	—
	22.84	37.24	32.72	21.66	10.46	13.62	0.09	—
	199.39	-7,290	111.48	94.53	68.71	50.53	-0.15	—
	0.00	0.00	0.00	0.00	0.00	0.00	-20.89	—
	199.39	-7,290	111.48	94.53	68.71	50.53	-21.04	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	199.39	-7,290	111.48	94.53	68.71	50.53	-20.77	—
	49.92	51.75	27.91	32.78	17.20	9.72	-4.22	—
Key metrics
	199.48	-7,289	111.77	94.83	68.95	50.68	-21.03	—
	2.70%	—	1.80%	1.80%	1.90%	1.80%	—	—
	2.70%	—	1.80%	1.80%	1.90%	1.80%	—	—
	—	-351.30%	—	5.50%	—	3.10%	—	—
	108.00%	-100.00%	—	—	—	—	—	—
	190.20%	-14,526.50%	636.70%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	18,796	22,426	2,758	—
	0.07	0.01	0.00	—
	25,680	21,976	2,707	—
	7,163	0.00	2,693	—
	18,402	21,872	0.00	—
	0.34	0.40	0.12	—
	0.07	0.09	0.02	—
	0.96	1.09	0.14	—
	114.46	102.10	13.51	—
	-6,884	450.28	50.58	—
	0.00	0.00	-20.88	—
	-6,884	450.28	29.69	—
	0.00	0.00	0.00	—
	-6,884	450.28	29.69	—
	162.36	138.63	8.96	—
Key metrics
	-6,883	451.46	29.85	—
	-36.62%	2.00%	1.10%	—
	-36.63%	2.00%	1.10%	—
	—	21.70%	1.80%	—
	—	713.20%	—	—
	—	1,416.60%	—	—
	—	210.34	41.45	—
	—	0.47	1.40	—
	—	0.00	0.20	—
	—	-7.44	289.84	—
	—	35.0	228.1	—
Balance sheet
	—	2,966	2,158	—
	—	2,884	2,105	—
	—	8.97	7.57	—
	—	2,875	2,097	—
	—	0.00	0.00	—
	—	—	0.20	—
	—	4.93	5.44	—
	—	725.11	373.96	—
	—	890.80	524.46	—
	—	1.53	297.41	—
	—	0.00	131.98	—
	—	1.53	165.43	—
	—	2,072	1,464	—
Cash flow
	—	210.34	41.45	—
	—	0.00	0.00	—
	—	-209.76	-42.71	—
	—	0.00	0.00	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q4 FY24
Income statement
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.07	0.00	0.00	0.00	0.01	0.00	0.00	—
	0.07	0.16	0.20	0.25	0.46	4.52	0.15	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.04	0.10	0.10	0.10	0.09	0.07	0.05	—
	0.00	0.03	0.02	0.02	0.01	0.01	0.01	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.03	0.04	0.08	0.13	0.36	4.44	0.09	—
	0.00	-0.16	-0.20	-0.25	-0.46	-4.52	-0.15	—
	0.00	0.00	0.00	0.00	0.00	0.00	-20.89	—
	0.00	-0.16	-0.20	-0.25	-0.46	-4.52	-21.04	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.00	-0.16	-0.20	-0.25	-0.46	-4.52	-20.77	—
	0.00	-0.04	-0.05	-0.06	-0.11	-1.13	-5.71	—
Key metrics
	0.00	-0.13	-0.18	-0.23	-0.45	-4.51	-21.03	—
	—	0.00%	—	0.00%	—	-0.30%	—	—
	100.00%	96.50%	99.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	0.00	0.00	0.00	—
	0.07	0.01	0.00	—
	0.68	1.19	4.48	—
	0.00	0.00	0.00	—
	0.00	0.00	0.00	—
	0.34	0.39	0.12	—
	0.07	0.09	0.02	—
	0.00	0.00	0.00	—
	0.28	0.71	4.33	—
	-0.61	-1.18	-4.48	—
	0.00	0.00	-20.88	—
	-0.61	-1.18	-25.36	—
	0.00	0.00	0.00	—
	-0.61	-1.18	-25.36	—
	-0.15	-0.29	6.35	—
Key metrics
	-0.54	-1.09	-25.34	—
	—	-0.10%	-1.40%	—
	—	95.30%	—	—
	—	0.08	-0.55	—
	—	-0.07	0.02	—
	—	0.00	0.00	—
	—	2.16	0.54	—
Balance sheet
	—	1,790	1,794	—
	—	0.25	0.22	—
	—	0.24	0.02	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	—	0.20	—
	—	0.00	0.00	—
	—	0.06	1.53	—
	—	0.16	1.60	—
	—	2.40	0.56	—
	—	0.00	0.00	—
	—	2.40	0.56	—
	—	1,788	1,787	—
Cash flow
	—	0.08	-0.55	—
	—	-0.84	0.00	—
	—	0.97	-0.55	—
	—	0.00	0.00	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 92.82%

Holder	Type	Holding	Previous	Change
Metal Industries Pte Limited	Promoter	92.82%	—	—
Montex Trading Private Limited	Public	2.86%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Please find enclosed newspaper advertisement.7 Sep 2026 · Company Update / Newspaper Publication
Please find enclosed Annual Report of the Company for Financial Year 2025-26.5 Sep 2026 · Others / Reg. 34 (1) Annual Report
This is to inform that the Annual General Meeting of the Company is scheduled to be held on Monday, September 28, 2026 through video conferencing.5 Sep 2026 · AGM/EGM / AGM
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby enclose the copies of the newspaper advertisement published regarding ....29 Aug 2026 · Company Update / Newspaper Publication
The Board at its Meeting held today i.e. August 27,2026 approved for change in designation of Mr. Amarjit Kumar Shrivastav from Non-executive Independent Director to Non-Executive Non-Independent ....27 Aug 2026 · Company Update / Change in Management
The Board at it''s meeting held today considered and approved appointment of M/s. BNK & Associates, Chartered Accountant as the Statutory Auditor of the Company.27 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
The Board of Directors of the Company has at its Meeting held today i.e. Thursday, August 27, 2026, has inter- alia, considered and approved the following: i. Appointment of Statutory ....27 Aug 2026 · Others / Outcome without intimation
Published unaudited consolidated and standalone financial results for the quarter ended 30th June, 2026.18 Aug 2026 · Company Update / General
Submission of Consolidated Financial Results inadvertently omitted from the Outcome of Board Meeting for the Quarter ended June 30, 202617 Aug 2026 · Company Update / General
Resignation of Statutory Auditor - M/S R.B. Jain & Associates15 Aug 2026 · Company Update / Resignation of Statutory Auditors
Unaudited Standalone and Consolidated Financial Results for the quarter ended June 202614 Aug 2026 · Result / Financial Results
The Board considered and approved the following: 1. Standalone and consolidated unaudited financial results for the quarter ended June 30, 2026 with the limited review report thereon. ....14 Aug 2026 · Board Meeting / Outcome of Board Meeting
Revised outcome contains additional information regarding names of listed entities where resigning directors hold directorship.12 Aug 2026 · Company Update / General
Audited standalone and consolidated financials results for the quarter and year ended 31st March, 2026, published in "Financial Express" (English) & "Mumbai Lakshadeep" (Marathi) newspapers ....12 Aug 2026 · Company Update / General
Maxgrow India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve Standalone and consolidated financial ....11 Aug 2026 · Board Meeting / Board Meeting
The Company hereby submits the Consolidated Financial Results for the financial year ended March 31, 2026 alongwith the letter for your records and necessary action.11 Aug 2026 · Company Update / General
1. Resignation of Non-Executive Director - Mr. Rakesh Guda (DIN:10755464) 2.Resignation of Independent Director - Ms. Pooja Pravin Keer (DIN:10776910)10 Aug 2026 · Company Update / Change in Management
1. On the recommendation of the Audit Committee, the standalone and consolidated audited financial results of the Company for the quarter and year ended March 31, 2026 and limited review ....10 Aug 2026 · Board Meeting / Outcome of Board Meeting
Maxgrow India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/08/2026 ,inter alia, to consider and approve The standalone and consolidated ....5 Aug 2026 · Board Meeting / Board Meeting
This is with reference to our earlier intimation dated July 28, 2026 informing the Stock Exchange that a meeting of the Board of Directors of the Company was scheduled to be held on Friday, ....31 Jul 2026 · Company Update / General
The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sadhana Uday Chourasia & Other31 Jul 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Disclosure under Regulation 7(2) of SEBI (PIT) Regulations, 201530 Jul 2026 · Company Update / General
Revised disclosure30 Jul 2026 · Company Update / General
Declaration under Regulation 29(2) of the SEBI(SAST) Regulations, 2011 for sale of equity shares of Maxgrow India Limited for your reference and record.29 Jul 2026 · Company Update / General
Purpose of the meeting has been revised28 Jul 2026 · Board Meeting / Board Meeting
Maxgrow India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve We wish to inform that a meeting ....28 Jul 2026 · Board Meeting / Board Meeting
Maxgrow India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve We wish to inform that a meeting ....28 Jul 2026 · Board Meeting / Board Meeting
Maxgrow India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/07/2026 ,inter alia, to consider and approve the standalone and consolidated ....28 Jul 2026 · Board Meeting / Board Meeting
On the recommendation of the Nomination and Remuneration Committee & Audit Committee, appointment of Mr. Santosh G. Doke as the Chief Financial Officer of the Company with effect from July ....24 Jul 2026 · Others / Outcome without intimation
Appointment of Chief Financial Officer w.e.f July 24, 202624 Jul 2026 · Company Update / Change in Management
Pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, please find enclosed herewith a copy of the Certificate dated ....21 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Revised announcement with Board Meeting commencement and end time.1 Jul 2026 · Company Update / Change in Management
Closure of Trading Window29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to the provisions of Regulation 30 read with Schedule III and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to ....29 Jun 2026 · Others / Outcome without intimation
Appointment of Additional Non- Executive Independent Director and appointment of Internal Auditor29 Jun 2026 · Company Update / Change in Management
Further extension for delayed Financial Results19 Jun 2026 · Company Update / General
Delay in submission of financial results4 Jun 2026 · Company Update / General
Scrutinizer Report of AGM2 Jun 2026 · AGM/EGM / AGM
Proceedings of the Annual General Meeting.1 Jun 2026 · AGM/EGM / AGM
Resignation of Company Secretary30 May 2026 · Company Update / Change in Management

Corporate actions

Purpose	Ex date	Record date	Payment date
Resolution Plan -Suspension	20 Dec 2024	20 Dec 2024	—

Board meetings

14 Aug 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results
31 Jul 2026 Board Meeting - Financial Results