Maximus International Limited

BSE: MAXIMUS540401ISIN INE544W01021

Services
Trading & Distributors

Share price

₹14.91+0.04 (+0.27%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹16.00
52W low: ₹8.00
Off 52W high: -6.81%
1M return: +1.02%
3M return: +6.81%
6M return: +49.10%
1Y return: +32.77%
20D avg volume: 36,406
50 DMA: ₹14.85
200 DMA: ₹11.94

Key ratios Consolidated

Market cap: ₹202.83 Cr
Current price: ₹14.91
52W high / low: ₹16.00 / ₹8.00
Face value: ₹1.00
P/E: 22.49
P/B: 2.33
EPS (TTM): ₹0.66
Book value / share: ₹6.40
ROE: —
ROCE: 14.50%
Operating margin: —
Net margin: —
Debt / equity: 0.41
Net debt: ₹38.15 Cr
Interest cover: 3.78
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 190.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	59.91	56.00	43.45	45.84	39.52	44.88	36.91	35.84	39.22	—
	0.10	1.77	0.59	1.24	0.14	0.43	0.73	0.38	0.37	—
	60.00	57.77	44.04	47.08	39.65	45.30	37.64	36.22	39.59	—
	57.59	54.71	41.78	43.80	37.18	43.20	34.42	33.64	37.15	—
	49.69	40.21	30.07	33.81	22.10	28.24	28.15	19.50	31.50	—
	10.66	8.24	5.87	4.07	9.60	9.55	1.37	10.04	1.05	—
	2.06	1.95	1.98	2.07	1.92	2.27	1.79	1.37	1.47	—
	1.53	1.05	0.99	1.02	0.92	0.84	0.84	0.87	0.61	—
	0.64	0.68	0.54	0.53	0.48	0.42	0.45	0.41	0.41	—
	2.50	3.39	2.14	2.29	1.99	2.30	—	0.22	0.16	—
	2.41	3.05	2.26	3.28	2.48	2.11	3.22	2.58	2.44	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—
	2.41	3.05	2.26	3.28	2.48	2.11	3.22	2.58	2.44	—
	0.37	0.85	0.29	0.48	0.15	0.08	0.42	0.44	0.31	—
	2.05	2.20	1.98	2.79	2.33	2.03	2.80	2.14	2.13	—
	0.15	0.16	0.15	0.20	0.17	0.15	0.21	0.15	0.17	—
Key metrics
	4.58	4.78	3.79	4.83	3.88	3.37	4.51	3.86	3.46	—
	7.60%	8.50%	8.70%	10.50%	9.80%	7.50%	12.20%	10.80%	8.80%	—
	3.40%	3.90%	4.60%	6.10%	5.90%	4.50%	7.60%	6.00%	5.40%	—
	—	3.90%	—	4.40%	—	3.40%	—	—	—	—
	51.60%	24.80%	17.70%	27.90%	0.80%	—	—	—	—	—
	-12.00%	8.40%	-29.30%	30.40%	9.40%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	205.20	184.81	156.85	—
	3.70	3.73	1.90	—
	208.89	188.54	158.75	—
	197.88	177.47	148.41	—
	153.78	126.19	107.39	—
	28.84	27.78	22.01	—
	8.06	7.92	6.98	—
	4.59	3.98	3.16	—
	2.39	2.22	1.69	—
	10.32	9.80	7.94	—
	11.00	11.06	10.34	—
	0.00	0.00	0.00	—
	11.00	11.06	10.34	—
	1.99	1.77	1.25	—
	9.02	9.30	9.10	—
	0.66	0.68	0.68	—
Key metrics
	17.98	17.26	15.19	—
	8.76%	9.30%	9.70%	—
	4.40%	5.00%	5.80%	—
	—	14.50%	15.50%	—
	30.58%	17.80%	—	—
	-3.01%	2.20%	—	—
	—	-12.05	-20.07	—
	—	-0.89	-1.60	—
	—	0.41	0.28	—
	—	38.15	20.89	—
	—	190.9	152.5	—
Balance sheet
	—	179.50	133.00	—
	—	155.20	112.42	—
	—	1.24	1.84	—
	—	121.95	78.42	—
	—	12.34	12.32	—
	—	4.75	5.65	—
	—	13.04	6.33	—
	—	37.68	25.24	—
	—	75.58	46.11	—
	—	39.39	22.73	—
	—	33.89	18.06	—
	—	5.50	4.67	—
	—	95.82	80.81	—
Cash flow
	—	-8.25	-14.57	—
	—	-5.02	-7.03	—
	—	12.68	22.94	—
	—	3.80	5.50	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	1.49	0.35	1.11	2.77	1.06	1.72	1.09	0.97	1.42	—
	0.85	2.65	1.29	1.98	0.68	0.62	1.12	0.60	0.35	—
	2.35	3.00	2.40	4.75	1.74	2.34	2.21	1.57	1.76	—
	2.05	1.04	1.66	3.24	1.47	2.20	1.69	1.42	1.80	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	1.21	0.30	0.91	2.30	0.65	1.59	0.79	0.86	1.05	—
	0.24	0.26	0.23	0.24	0.25	0.32	0.24	0.15	0.15	—
	0.16	0.02	0.20	0.19	0.13	0.05	0.11	0.13	0.15	—
	0.11	0.10	0.09	0.09	0.10	0.09	0.09	0.09	0.10	—
	0.33	0.37	0.24	0.43	0.21	0.27	—	0.05	0.21	—
	0.29	1.96	0.74	1.51	0.27	0.13	0.52	0.15	-0.03	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	0.29	1.96	0.74	1.51	0.27	0.13	0.52	0.15	-0.03	—
	0.07	0.60	0.15	0.36	0.05	0.06	0.12	0.04	0.00	—
	0.22	1.36	0.59	1.14	0.22	0.08	0.40	0.11	-0.03	—
	0.02	0.10	0.04	0.08	0.02	0.00	0.03	0.01	—	—
Key metrics
	0.56	2.08	1.03	1.79	0.50	0.27	0.72	0.37	0.22	—
	37.60%	594.30%	92.80%	64.60%	47.20%	15.70%	66.10%	38.10%	15.50%	—
	14.80%	388.60%	53.20%	41.20%	20.80%	4.70%	36.70%	11.30%	-2.10%	—
	—	4.40%	—	3.80%	—	0.40%	—	—	—	—
	40.60%	-79.70%	1.80%	185.60%	-25.40%	—	—	—	—	—
	0.00%	1,600.00%	47.50%	936.40%	833.30%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	5.72	5.29	5.20	—
	6.77	6.60	2.69	—
	12.50	11.89	7.88	—
	7.99	7.42	7.11	—
	0.00	0.00	0.00	—
	4.72	4.15	4.31	—
	0.97	0.97	0.86	—
	0.57	0.54	0.45	—
	0.39	0.37	0.37	—
	1.37	1.24	1.12	—
	4.50	4.47	0.77	—
	0.00	0.00	0.00	—
	4.50	4.47	0.77	—
	1.18	1.17	0.21	—
	3.31	3.31	0.56	—
	0.24	0.24	0.04	—
Key metrics
	5.46	5.38	1.59	—
	95.45%	101.70%	30.60%	—
	57.87%	62.60%	10.80%	—
	—	11.00%	3.00%	—
	18.18%	1.70%	—	—
	308.64%	491.10%	—	—
	—	0.49	-2.97	—
	—	0.63	-0.25	—
	—	0.15	0.13	—
	—	5.62	3.66	—
	—	51.7	96.1	—
Balance sheet
	—	49.02	42.32	—
	—	3.04	5.24	—
	—	0.30	1.03	—
	—	1.68	1.66	—
	—	0.00	0.14	—
	—	0.64	2.09	—
	—	5.66	1.65	—
	—	0.93	0.43	—
	—	3.54	1.71	—
	—	5.92	4.69	—
	—	1.32	0.85	—
	—	4.60	3.84	—
	—	40.00	36.68	—
Cash flow
	—	2.08	-0.14	—
	—	-3.47	-16.82	—
	—	0.66	17.87	—
	—	1.59	2.83	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +18.18%
Profit YoY (TTM): +308.64%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +30.58%
Profit YoY (TTM): -3.01%

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 Sep 2026

Promoter holding: 57.58%

Quarter	September 2026	June 2026
Promoter %	57.58%	57.58%

Holder	Type	Holding	Previous	Change
OPTIMUS FINANCE LIMITED	Promoter	57.58%	57.58%	0.00%
ARYAMAN CAPITAL MARKETS LIMITED	Public	5.72%	3.96%	+1.76%
EMRALD COMMERCIAL LIMITED	Public	4.17%	4.08%	+0.09%
ARNAV FINANCIAL SERVICES PRIVATE LIMITED	Public	3.67%	3.67%	0.00%
NAYAN MULCHAND GOSALIA	Public	1.61%	1.61%	0.00%
MUKESH COMMERCIAL	Public	1.46%	1.46%	0.00%
FRANKLIN LEASING AND FINANCE LIMITED	Public	1.40%	1.40%	0.00%
ALPANA RINKI GANDHI	Promoter	0.00%	0.00%	0.00%
PARESH P THAKKAR	Promoter	0.00%	0.00%	0.00%
GAURANG RAMNIKLAL SANGHAVI	Promoter	0.00%	0.00%	0.00%
SURESHBHAI N PATEL	Promoter	0.00%	0.00%	0.00%
SONAL DEEPAK SADARANGANI	Promoter	0.00%	0.00%	0.00%
PANKAJ KANAIYALAL PARIKH	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Redington Limited	28,660	366.60	18.17	19.00%	+31.26% TTM	-17.17% TTM	+46.46%
MMTC Ltd.	8,025	53.50	17.94	21.60%	-19.71% TTM	+355.55% TTM	-20.53%
MSTC Limited	4,106	583.25	17.52	31.80%	+21.02% TTM	-44.88% TTM	+6.22%
CREATIVE NEWTECH LIMITED	2,094	1,394.20	25.97	26.40%	—	—	—
Pervasive Commodities Limited S	1,137	12.62	74.24	0.00%	+111.30% TTM	+197.12% TTM	—
BN AGROCHEM LIMITED	1,117	114.20	65.40	4.20%	+84.51% TTM	-60.97% TTM	-68.29%
RRP DEFENSE LIMITED S	802	584.75	-330.37	-8.00%	+39.37% TTM	-364.13% TTM	-35.71%
The Yamuna Syndicate Ltd	750	24,400.00	8.22	0.30%	+11.33% TTM	-16.43% TTM	-32.22%
Shiv Aum Steels Limited	741	545.00	—	—	—	—	—
Riddhi Siddhi Gluco Biols Ltd	636	670.90	-27.71	2.80%	-37.98% TTM	+38.40% TTM	+20.31%
State Trading Corporation of India	624	104.00	—	-16.70%	—	—	-21.92%
Arvaya Healthcare Limited S	569	118.45	-311.71	-2.10%	-47.37% TTM	-2,742.86% TTM	+148.22%
Oswal Agro Mills Ltd.	548	40.86	-15.96	1.50%	-99.98% TTM	-127.15% TTM	-46.29%
SMT ENGINEERING LIMITED	459	254.15	18.72	24.80%	+248.17% TTM	+377.43% TTM	+169.03%
Filtron Engineers Ltd. S	451	71.04	1,420.80	0.30%	-100.00% TTM	+363.64% TTM	+67.00%
Kothari Products Ltd.	364	61.00	18.72	1.60%	+7.57% TTM	+124.93% TTM	-32.00%
Balgopal Commercial limited	337	145.00	-62.76	-12.50%	-96.08% TTM	-231.62% TTM	-35.47%
PIPAN OILS LIMITED S	323	184.25	-118.11	-191.70%	—	-1,342.11% TTM	+35.19%
VEGA JEWELLERS LIMITED S	315	61.95	10.45	31.50%	+465.43% TTM	+873.55% TTM	+60.24%
Novalum Materials Limited S	307	46.74	274.94	7.70%	+290.48% TTM	+239.39% TTM	+36.63%
Sakuma Exports Ltd.	285	1.82	26.72	1.80%	-13.44% TTM	-0.93% TTM	-34.53%
Parshva Enterprises Limited	254	249.05	950.47	3.60%	+0.24% TTM	+8.33% TTM	+32.09%
Polo Queen Industrial and Fintech Limited	253	7.54	110.89	2.50%	-2.02% TTM	-15.56% TTM	-79.87%
Sicagen India Limited	225	56.94	8.91	7.40%	+29.43% TTM	+50.03% TTM	-9.42%
Chandrima Mercantiles limited S	218	6.55	-163.75	4.30%	-69.52% TTM	-134.73% TTM	-34.63%
Maximus International Limited	203	14.91	22.49	14.50%	+30.58% TTM	-3.01% TTM	+32.77%

Filings & corporate actions

Recent announcements

Maximus International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2026 ,inter alia, to consider and approve the Un-Audited Standalone ....3 Nov 2026 · Board Meeting / Board Meeting
Outcome of Board Meeting held today i.e. on Saturday, 10th October, 202610 Oct 2026 · Board Meeting / Outcome of Board Meeting
Maximus International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/10/2026 ,inter alia, to consider and approve the conversion of outstanding ....6 Oct 2026 · Board Meeting / Board Meeting
Submission of Non-Applicability of Regulation 74(5) of SEBI (Depositories and Participants)Regulations, 2018 for the Quarter Ended on 30th September, 2026.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Submission of E-voting Results and Scrutinizer''s Report for the 11th Annual General Meeting held on Wednesday, 30th September, 2026.3 Oct 2026 · AGM/EGM / AGM
Participation in Bharat Connect Conference Rising Star held on 29th September, 2026.30 Sep 2026 · Company Update / General
Summary of Proceedings of the 11th Annual General Meeting held on Wednesday, 30th September, 2026 through Video Conferencing.30 Sep 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window under SEBI (Prohibition of Insider Trading) Regulations, 2015.26 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Participation in Bharat Connect Conference Rising Star schedule to be held on 29th September, 202622 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Investor meet with Group of Investors through Video Conferencing Scheduled to be held on 19th September, 2026.16 Sep 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aryaman Capital Markets Ltd11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aryaman Capital Markets Ltd11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Submission of Publication of advertisement regarding 11th Annual General Meeting of Shareholders of the Company in Newspapers (Post-Dispatch).9 Sep 2026 · Company Update / Newspaper Publication
Intimation Of Date Of Annual General Meeting And Record Date8 Sep 2026 · Corp. Action / Book Closure
Letter to Shareholders In Relation To Annual Report OF the Company For the Financial Year 2025-26.8 Sep 2026 · Company Update / General
Submission of Annual Report for the Financial Year 2025-26.8 Sep 2026 · Others / Reg. 34 (1) Annual Report
Submission of Notice of 11th Annual General Meeting of the Company.8 Sep 2026 · AGM/EGM / AGM
Newspaper advertisement regarding 11th Annual General Meeting of Shareholders of the Company (Pre-Dispatch).2 Sep 2026 · Company Update / Newspaper Publication
Intimation regarding Reconstitution of Committees of the Company.26 Aug 2026 · Company Update / General
Intimation Regarding Appointment of M/s. Ambalal M. Shah & Co., Chartered Accountants (Firm Registration No. 0100304W) as Statutory Auditor of the Company.26 Aug 2026 · Company Update / Appointment of Statutory Auditor/s
Intimation Regarding Re-appointment of Ms. Divya Zalani (09429881) as Non Executive Independent Director of the Company.26 Aug 2026 · Company Update / Change in Directorate
Intimation regarding Re-appointment of Mr. Dipak Raval (DIN: 01292764) as a Managing Director of the Company.26 Aug 2026 · Company Update / Change in Management
Intimation regarding appointment of Mr. Ramesh Kheradia (DIN:11804859) as an Additional Non-Executive Independent Director of the Company.26 Aug 2026 · Company Update / Change in Directorate
Outcome of Board Meeting held today i.e. on Wednesday, 26th August, 2026.26 Aug 2026 · Others / Outcome without intimation
Submission of Transcript of Earning Call held on 19th August, 2026.26 Aug 2026 · Company Update / Earnings Call Transcript
Submission of Audio Recording of Earnings Call held on 19th August, 2026.19 Aug 2026 · Company Update / Analyst / Investor Meet
With reference to earlier submission dated 14th August, 2026 enclosed herewith Investors Conference Call Invite with updated registration link for investors.17 Aug 2026 · Company Update / Analyst / Investor Meet
Publication of Extract of Un-Audited Financial Results for the First Quarter Ended 30th June, 2026 in Newspaper.15 Aug 2026 · Company Update / Newspaper Publication
Investor Presentation14 Aug 2026 · Company Update / Investor Presentation
Intimation of Investor Conference Call scheduled to be held on 19th August, 2026.14 Aug 2026 · Company Update / Analyst / Investor Meet
Disclosure under regulation 30 of SEBI (Listing Obligation and Disclosure Requirements),2015 for Resignation of Statutory Auditor of the Company.14 Aug 2026 · Company Update / Resignation of Statutory Auditors
Press Release dated 13th August, 202613 Aug 2026 · Company Update / Press Release / Media Release
Submission of Un-Audited Standalone and Consolidate Financial Results of the Company for the First Quarter Ended 30th June, 202613 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held today i.e. on Thursday, 13th August, 2026.13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Maximus International Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve The Un-Audited Standalone ....6 Aug 2026 · Board Meeting / Board Meeting
Submission of Non-Applicability of Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended on 30 June, 202611 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure Under Regulation 30 of the SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.8 Jul 2026 · Company Update / General
Outcome of Board Meeting held today i.e. on Wednesday 8th July, 20268 Jul 2026 · Others / Outcome without intimation
Postal Ballot Scrutinizer Report.7 Jul 2026 · AGM/EGM / Postal Ballot
Voting Results of Postal Ballot through remote e-voting process.7 Jul 2026 · AGM/EGM / Postal Ballot

Board meetings

6 Nov 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results