Maks Energy Solutions India (MAKS)₹12.90−4.80%Compressors, Pumps & Diesel Engines
In the Mar 2026 quarter (standalone), Maks Energy Solutions India reported sales of ₹28.05 Cr, down 13.7% from Mar 2025, and net profit of ₹0.61 Cr, up 41.9% year on year. For the year to Mar 2026, sales were ₹54.24 Cr and net profit ₹0.67 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 24.13 | 30.97 | 35.50 | 34.16 | 32.52 | 26.19 | 28.05 |
| Expenses | 22.45 | 29.86 | 34.01 | 32.89 | 30.68 | 25.17 | 25.96 |
| Operating Profit | 1.56 | 1.03 | 1.37 | 1.16 | 1.73 | 0.95 | 1.99 |
| OPM % | 6.5% | 3.4% | 3.9% | 3.4% | 5.4% | 3.7% | 7.2% |
| Other Income | 0.12 | 0.20 | −0.27 | 0.00 | 0.04 | 0.20 | −0.11 |
| Interest | 0.88 | 0.93 | 0.97 | 1.00 | 1.16 | 1.04 | 1.07 |
| Depreciation | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 0.76 | 0.26 | 0.12 | 0.14 | 0.58 | 0.08 | 0.80 |
| Tax % | 22.0% | 25.9% | 38.5% | 13.3% | 28.8% | 22.2% | 24.7% |
| Exceptional items | 0.00 | 0.00 | −0.43 | −0.02 | −0.16 | 0.00 | −0.13 |
| Net Profit | 0.61 | 0.21 | 0.09 | 0.14 | 0.43 | 0.08 | 0.61 |
| EPS (Rs) | 0.88 | 0.30 | 0.13 | 0.20 | 0.62 | 0.11 | 0.88 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 42.33 | 20.97 | 25.65 | 44.52 | 66.48 | 66.67 | 54.24 |
| Expenses | 38.82 | 18.17 | 24.47 | 42.24 | 63.86 | 63.58 | 51.12 |
| Operating Profit | 3.38 | 2.71 | 1.05 | 2.07 | 2.40 | 2.88 | 2.94 |
| OPM % | 8.1% | 13.1% | 4.2% | 4.7% | 3.7% | 4.4% | 5.5% |
| Other Income | 1.16 | −0.07 | −2.13 | 0.39 | −0.08 | 0.05 | 0.11 |
| Interest | 2.22 | 2.10 | 2.32 | 1.88 | 1.91 | 2.16 | 2.12 |
| Depreciation | 0.08 | 0.07 | 0.06 | 0.05 | 0.04 | 0.04 | 0.03 |
| Profit before tax | 2.23 | 0.48 | −3.43 | 0.52 | 0.38 | 0.72 | 0.89 |
| Tax % | 25.4% | 30.6% | 5.5% | 32.0% | 30.8% | 24.6% | 26.6% |
| Exceptional items | 0.00 | −0.06 | −4.59 | 0.00 | −0.33 | −0.18 | −0.13 |
| Net Profit | 1.68 | 0.36 | −3.63 | 0.37 | 0.29 | 0.56 | 0.67 |
| EPS (Rs) | 3.39 | 0.72 | −7.35 | 0.53 | 0.41 | 0.80 | 0.96 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4.96 | 4.95 | 4.95 | 6.95 | 6.95 | 6.95 | 6.95 |
| Reserves | 10.02 | 10.37 | 6.73 | 9.17 | 9.45 | 10.00 | 10.67 |
| Borrowings | 19.11 | 21.71 | 18.83 | 12.80 | 15.47 | 17.27 | 16.58 |
| Other Liabilities | 10.33 | 7.04 | 5.43 | 2.65 | 1.88 | 2.24 | 1.15 |
| Total Liabilities | 44.42 | 44.07 | 35.94 | 31.57 | 33.75 | 36.46 | 35.35 |
| Fixed Assets | 0.25 | 0.20 | 0.15 | 0.13 | 0.10 | 0.09 | 0.07 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.11 | 4.11 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 40.06 | 39.76 | 35.79 | 31.44 | 33.65 | 36.37 | 35.28 |
| Inventories | 14.30 | 13.79 | 11.08 | 12.92 | 12.77 | 9.07 | 8.63 |
| Trade receivables | 19.29 | 20.54 | 21.15 | 13.31 | 13.59 | 20.11 | 20.58 |
| Cash & equivalents | 0.81 | 1.79 | 1.32 | 0.96 | 2.48 | 2.82 | 2.95 |
| Total Assets | 44.42 | 44.07 | 35.94 | 31.57 | 33.75 | 36.46 | 35.35 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | −3.24 | 1.04 | 4.44 | 3.25 | 0.29 | 0.22 | 2.19 |
| Cash from investing activity | 0.05 | 0.04 | 0.08 | −0.03 | 0.10 | 0.11 | 0.15 |
| Cash from financing activity | 2.27 | −0.09 | −4.99 | −3.59 | 1.12 | 0.01 | −2.21 |
| Net cash flow | −0.92 | 0.97 | −0.46 | −0.35 | 1.51 | 0.33 | 0.11 |
| Capex | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.02 | 0.00 |
| Free cash flow | −3.26 | 1.06 | 4.46 | 3.26 | 0.31 | 0.23 | 2.20 |
| CFO / OP % | −79.1% | 43.9% | 438.9% | 164.0% | 20.0% | 9.0% | 82.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 167 | 359 | 302 | 109 | 74 | 110 | 138 |
| Inventory days | 162 | 300 | 185 | 121 | 77 | 54 | 65 |
| Days payable | 37 | 86 | 82 | 17 | 7 | 8 | 4 |
| Cash conversion cycle | 292 | 574 | 406 | 213 | 146 | 157 | 200 |
| Working capital days | 126 | 247 | 158 | 120 | 70 | 71 | 92 |
| ROCE % | — | 7.6% | 11.1% | 8.2% | 9.2% | 9.6% | 9.4% |
For the Mar 2026 quarter, Maks Energy Solutions India reported sales of ₹28.05 Cr, down 13.7% year on year and net profit of ₹0.61 Cr, up 41.9% year on year. The operating margin was 7.2%.
Maks Energy Solutions India's sales for the year to Mar 2026 were ₹54.24 Cr.
Net profit for the year to Mar 2026 was ₹0.67 Cr. Earnings per share over the same trailing period were ₹0.96.
Maks Energy Solutions India reported borrowings of ₹16.58 Cr at Mar 2026, against cash and equivalents of ₹2.95 Cr.
Cash from operations was ₹2.19 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2.20 Cr.