Maxgrow India Ltd () Stock Analysis | Price, Returns, Financials & Key Metrics

52-Week High: Rs.35.36 hit today

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

590 (171.39%) Volume

Shareholding (Jun 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

92.82%

When is the next results date for Maxgrow India?

08-Aug-2025

Maxgrow India will announce its results on 14 August 2025.

How has been the historical performance of Maxgrow India?

01-Oct-2025

Maxgrow India reported a net profit of 29.69 crore and total operating income of 2,757.72 crore for the year ending March 2025, with an operating profit margin of 1.83% and earnings per share of 7.43.

Should I buy, sell or hold Maxgrow India?

02-Oct-2025

Is Maxgrow India overvalued or undervalued?

04-Dec-2025

As of December 3, 2025, Maxgrow India is considered undervalued with a valuation grade of very attractive, featuring a PE ratio of 2.66, an EV to EBIT of 2.68, and a remarkable ROCE of 390.82%, significantly outperforming peers like Firstsource Solutions and eClerx Services, while achieving a 2340.58% return over the past five years compared to the Sensex's 90.68%.

Which are the latest news on Maxgrow India?

04-Dec-2025

Maxgrow India Valuation Shifts Highlight Price Attractiveness Amid Market Dynamics
Is Maxgrow India overvalued or undervalued?

Why is Maxgrow India falling/rising?

04-Dec-2025

As of 04-Dec, Maxgrow India Ltd's stock price is rising to Rs. 35.36, reflecting a 4.99% increase. The stock has shown strong short-term performance, reaching a new 52-week high and trading above key moving averages, despite a decline in investor participation.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

Poor long term growth as Net Sales has grown by an annual rate of % and Operating profit at 0% over the last 5 years
Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0

Flat results in Dec 20

With ROE of 400.1, it has a Very Attractive valuation with a 11.2 Price to Book Value

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

BPO/ITeS

Market cap

INR 135 Cr (Micro Cap)

P/E

3.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.02

Return on Equity

400.11%

Price to Book

10.64

Revenue and Profits:

Net Sales:

3,550 Cr

(Quarterly Results - Jun 2025)

Net Profit:

69 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

0.0%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

2462.32%

Maxgrow India for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Maxgrow India Hits New 52-Week High of Rs.35.36, Marking Significant Market Momentum

Maxgrow India has reached a new 52-week high of Rs.35.36, reflecting a notable surge in its market performance and signalling strong momentum in recent trading sessions.

Maxgrow India Surges to Upper Circuit Amid Unprecedented Buying Interest

Maxgrow India has witnessed extraordinary buying momentum, hitting the upper circuit with no sellers in the queue, signalling a potential multi-day rally. The stock’s performance starkly contrasts with broader market trends, reflecting intense investor enthusiasm and a strong demand-supply imbalance.

Maxgrow India Valuation Shifts Highlight Price Attractiveness Amid Market Dynamics

Maxgrow India has experienced notable changes in its valuation parameters, reflecting a shift in market assessment that positions the stock as highly attractive relative to its historical and peer benchmarks. This article analyses the recent adjustments in key financial metrics such as price-to-earnings (P/E) and price-to-book value (P/BV) ratios, alongside enterprise value multiples, to provide a comprehensive view of the company’s current market standing.

Approval Of Extension Of Time From ROC Mumbai For Holding Annual General Meeting (AGM) For The Financial Year Ended On March 31 2025

23-Oct-2025 | Source : BSE

The Company has received approval letter dated 22nd October 2025 from ROC Mumbai granting extension for holding its AGM for FY 2024-25. The Intimation and the approval letter are attached.

Board Meeting Outcome for Results - Financial Results Quarter June 2025

14-Aug-2025 | Source : BSE

Please find attached

Results - Financial Results For Quarter June 2025

14-Aug-2025 | Source : BSE

Please find attached

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

Maxgrow India Ltd has announced 5:10 stock split, ex-date: 31 Jan 13

BONUS

Maxgrow India Ltd has announced 1:1 bonus issue, ex-date: 05 Dec 08

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

0.00%

EBIT Growth (5y)

0.00%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

-3.43%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

11.18

EV to EBIT

2.81

EV to EBITDA

2.80

EV to Capital Employed

10.99

EV to Sales

0.05

PEG Ratio

Dividend Yield

ROCE (Latest)

390.82%

ROE (Latest)

400.11%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

Bearish

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Jun 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Metal Industriail Pte Ltd (92.82%)

Highest Public shareholder

Montex Trading Private Limited (5%)

Individual Investors Holdings

1.16%

Financial

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          "chgp": "90.02%",
          "chgp_class": "positive"
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          "field": "Interest",
          "val1": "0.01",
          "val2": "0.01",
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          "field": "Operating Profit Margin (Excl OI)",
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  },
  {
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    "btn_text": "All Half Yearly Results",
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        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2020 is 0.00% vs 0.00% in Sep 2019",
        "dir": 0
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        "suffix": " Growth in half year ended Sep 2020 is 66.67% vs -160.00% in Sep 2019",
        "dir": 1
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        "Sep'20",
        "Sep'19",
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          "val2": "0.00",
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          "field": "Operating Profit (PBDIT) excl Other Income",
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          "val2": "-0.05",
          "chgp": "80.00%",
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          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
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          "field": "Standalone Net Profit",
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          "val2": "-0.06",
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          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "0.00%",
          "chgp": "NA",
          "chgp_class": "neutral"
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    }
  },
  {
    "link": "nine-monthly",
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        "suffix": "YoY Growth in nine months ended Dec 2020 is 0.00% vs 0.00% in Dec 2019",
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        "suffix": "YoY Growth in nine months ended Dec 2020 is 55.56% vs 25.00% in Dec 2019",
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        "Dec'20",
        "Dec'19",
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          "val1": "-0.03",
          "val2": "-0.08",
          "chgp": "62.50%",
          "chgp_class": "positive"
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          "field": "Interest",
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "0.00%",
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          "chgp_class": "neutral"
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  {
    "link": "annual",
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        "dir": -1
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        "Mar'25",
        "Mar'24",
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Quarterly Results Snapshot (Standalone) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.45

-4.51

90.02%

Interest

0.01

Exceptional Items

0.00

Standalone Net Profit

-0.46

-4.52

89.82%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is 0.00% vs 0.00% in Mar 2025

Standalone Net Profit

QoQ Growth in quarter ended Jun 2025 is 89.82% vs -45,100.00% in Mar 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'20

Sep'20

Sep'19

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.01

-0.05

80.00%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.02

-0.06

66.67%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2020 is 0.00% vs 0.00% in Sep 2019

Standalone Net Profit

Growth in half year ended Sep 2020 is 66.67% vs -160.00% in Sep 2019

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'20

Dec'20

Dec'19

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-0.03

-0.08

62.50%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.04

-0.09

55.56%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2020 is 0.00% vs 0.00% in Dec 2019

Standalone Net Profit

YoY Growth in nine months ended Dec 2020 is 55.56% vs 25.00% in Dec 2019

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

0.00

Operating Profit (PBDIT) excl Other Income

-4.73

-0.12

-3,841.67%

Interest

0.02

0.00

Exceptional Items

-20.88

0.00

Standalone Net Profit

-25.36

-0.12

-21,033.33%

Operating Profit Margin (Excl OI)

0.00%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2025 is 0.00% vs -100.00% in Mar 2024

Standalone Net Profit

YoY Growth in year ended Mar 2025 is -21,033.33% vs 7.69% in Mar 2024

All Annual Results

Company CV

About Maxgrow India Ltd

Maxgrow India Ltd

Micro Cap

BPO/ITeS

Frontline Business Solutions Ltd provides value added solutions and services in the areas of staffing, sales and marketing of telecom, financial products, human resource management and solutions, KPO and BPO solutions, call centre, back office process, and event management. The company operates primarily in India.

Company Coordinates

Company Details

A/9 Parle Colony Co-operative, Sahakar Road Vile-Parle (East) Mumbai Maharashtra : 400057

Tel: 91-22-26824197

maxgrowindia@gmail.com

Registrar Details

Mondkar Computers Pvt Ltd , 21 Shakil Niwas , Opp. Satya Saibaba Temple, Mahakali Caves Road, Andheri (E), Mumbai

Maxgrow India

1Day

52 Week

CASH

FII

DII

Promoter

When is the next results date for Maxgrow India?

Watch in Real-Time

How has been the historical performance of Maxgrow India?

Should I buy, sell or hold Maxgrow India?

Is Maxgrow India overvalued or undervalued?

Which are the latest news on Maxgrow India?

Why is Maxgrow India falling/rising?

MarketsMojo — Loved in India, Now Global

Dashboard

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

Flat results in Dec 20

With ROE of 400.1, it has a Very Attractive valuation with a 11.2 Price to Book Value

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

Maxgrow India Hits New 52-Week High of Rs.35.36, Marking Significant Market Momentum

Maxgrow India Surges to Upper Circuit Amid Unprecedented Buying Interest

Maxgrow India Valuation Shifts Highlight Price Attractiveness Amid Market Dynamics

Announcements

Approval Of Extension Of Time From ROC Mumbai For Holding Annual General Meeting (AGM) For The Financial Year Ended On March 31 2025

Board Meeting Outcome for Results - Financial Results Quarter June 2025

Results - Financial Results For Quarter June 2025

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Jun 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Standalone) - Jun'25 - QoQ

Half Yearly Results Snapshot (Standalone) - Sep'20

Nine Monthly Results Snapshot (Standalone) - Dec'20

Annual Results Snapshot (Standalone) - Mar'25

About Maxgrow India Ltd

Company Coordinates