Maxgrow India

  • Market Cap: Micro Cap
  • Industry: BPO/ITeS
  • ISIN: INE485D01043
  • NSEID:
  • BSEID: 521167
INR
57.58
0.00 (0.00%)
BSENSE

Mar 02

BSE+NSE Vol: 11.52 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

11.52 k (400.00%) 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.

Maxgrow India will declare its results on 14 August 2025.

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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.

Answer:<BR>Maxgrow India has shown a consolidated net profit of 29.69 crore for the year ending March 2025, with total operating income recorded at 2,757.72 crore. The company's total expenditure, excluding depreciation, was 2,707.25 crore, leading to an operating profit (PBDIT) of 50.47 crore. The profit before tax stood at 29.42 crore, and after accounting for tax, the profit after tax was 29.69 crore. The earnings per share (EPS) for the same period was reported at 7.43, with a diluted EPS of 8.96. The operating profit margin was 1.83%, while the profit after tax margin was 1.08%.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Maxgrow India achieved a total operating income of 2,757.72 crore, with no raw material costs or finished goods purchases reported. The total expenditure, excluding depreciation, amounted to 2,707.25 crore, resulting in an operating profit of 50.47 crore. After accounting for interest and exceptional items, the profit before tax was 29.42 crore, leading to a profit after tax of 29.69 crore. The company reported an EPS of 7.43 and a diluted EPS of 8.96, reflecting a modest operating profit margin of 1.83% and a PAT margin of 1.08%.

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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%.

As of 3 December 2025, the valuation grade for Maxgrow India has moved from risky to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued. Key ratios include a PE ratio of 2.66, an EV to EBIT of 2.68, and an impressive ROCE of 390.82%. <BR><BR>In comparison to its peers, Maxgrow India's valuation stands out, especially against Firstsource Solutions with a PE of 37.13 and eClerx Services at 38.22, both of which are categorized as attractive or very expensive. Notably, Maxgrow's PEG ratio is 0.00, suggesting strong growth potential relative to its price. Additionally, while the stock has shown a remarkable return of 2340.58% over the past five years, the Sensex has returned only 90.68% in the same period, reinforcing the notion that Maxgrow India is currently undervalued.

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Should I buy, sell or hold Maxgrow India Ltd?

30-Dec-2025

Why is Maxgrow India Ltd falling/rising?

04-Mar-2026

As of 04-Mar, Maxgrow India Ltd's stock price is at 57.58, unchanged from the previous session. The stock has declined significantly, with a 5% drop today and a 13.48% decrease over the past month, alongside reduced investor participation and negative trading patterns.

As of 04-Mar, Maxgrow India Ltd's stock price is currently at 57.58, showing no change from the previous trading session. The stock has experienced a significant decline recently, with a 5% drop today, marking it as underperforming against its sector by 2.6%. Over the past week, the stock has decreased by 5.00%, and over the past month, it has fallen by 13.48%. <BR><BR>Investor participation has notably decreased, with delivery volume plummeting by 99.15% compared to the 5-day average, indicating a lack of interest from investors. Additionally, the stock opened with a loss today and has not traded above its opening price, suggesting a lack of upward momentum. Despite being higher than the 20-day, 50-day, 100-day, and 200-day moving averages, it is lower than the 5-day moving average, which may indicate a short-term weakness in performance.<BR><BR>Overall, the combination of declining stock performance, reduced investor participation, and negative trading patterns contributes to the current downward trend in Maxgrow India Ltd's stock price.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

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
2

Positive results in Sep 25

3

With ROE of 3, it has a Very Attractive valuation with a 0.1 Price to Book Value

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

BPO/ITeS

stock-summary
Market cap

INR 230 Cr (Micro Cap)

stock-summary
P/E

5.00

stock-summary
Industry P/E

24

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.00

stock-summary
Return on Equity

2.96%

stock-summary
Price to Book

0.14

Revenue and Profits:
Net Sales:
5,305 Cr
(Quarterly Results - Sep 2025)
Net Profit:
95 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
55.12%
0%
55.12%
6 Months
0%
0%
0.0%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
3738.67%
0%
3738.67%

Maxgrow India for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Shifting Of Registered Office Of The Company

23-Jan-2026 | Source : BSE

As per attachment

Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended September 30 2025

29-Dec-2025 | Source : BSE

We enclose herewith Statement of Un-Audited Standalone and Consolidated financial results for the quarter ended September 30 2025 and also the Limited Review Report furnished by the Statutory Auditors of the Company.

Shifting Of Registered Office Of The Company

29-Dec-2025 | Source : BSE

This is to intimate that the Board of Directors of the Company has decided to shift the registered office of the Company

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

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

stock-summary
BONUS

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

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
0.00%
EBIT Growth (5y)
0.00%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-3.43%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
5
Industry P/E
24
Price to Book Value
0.13
EV to EBIT
4.45
EV to EBITDA
4.43
EV to Capital Employed
0.13
EV to Sales
0.08
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
2.96%
ROE (Latest)
2.96%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Jun 2025stock-summary
Shareholding Compare (%holding) stock-summary
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%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is 0.00% vs 0.00% in Jun 2025",
        "dir": 0
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Sep 2025 is 45.65% vs 89.82% in Jun 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'25",
        "Jun'25",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.23",
          "val2": "-0.45",
          "chgp": "48.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.02",
          "val2": "0.01",
          "chgp": "100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-0.25",
          "val2": "-0.46",
          "chgp": "45.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "0.00%",
          "chgp": "NA",
          "chgp_class": "neutral"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "alert": "No Half Yearly Results declared by Maxgrow India"
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Maxgrow India"
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "alert": "No Annual Results declared by Maxgrow India"
  }
]

Quarterly Results Snapshot (Standalone) - Sep'25 - QoQstock-summary

Sep'25
Jun'25
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.23
-0.45
48.89%
Interest
0.02
0.01
100.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.25
-0.46
45.65%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales

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

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Sep 2025 is 45.65% vs 89.82% in Jun 2025

stock-summaryCompany CV
About Maxgrow India Ltd stock-summary
stock-summary
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 stock-summary
Company Details
A/9 Parle Colony Co-operative, Sahakar Road Vile-Parle (East) Mumbai Maharashtra : 400057
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Tel: 91-22-26824197
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stock-summary
maxgrowindia@gmail.com
Registrar Details
Mondkar Computers Pvt Ltd , 21 Shakil Niwas , Opp. Satya Saibaba Temple, Mahakali Caves Road, Andheri (E), Mumbai