MAXIND quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Max India Ltd (MAXIND) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow
Max India Ltd reported sales of ₹87 Cr, operating profit of ₹-20 Cr (OPM -23%) and net profit of ₹-22 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
MAXIND quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
35
42
37
45
43
66
60
87
YoY Sales growth
-15
-8
39
6
24
58
63
92
Expenses
64
82
65
76
79
81
94
107
Operating Profit
-30
-41
-28
-31
-36
-15
-34
-20
OPM
-85%
-98%
-76%
-69%
-83%
-23%
-58%
-23%
Other Income
-8
4
13
5
4
6
9
9
Interest
2
3
4
4
3
3
3
3
Depreciation
5
5
6
6
6
7
7
7
Profit before tax
-44
-45
-25
-36
-41
-19
-36
-22
Tax
0%
2%
4%
-5%
3%
2%
2%
3%
Net Profit
-45
-46
-26
-34
-43
-19
-36
-22
EPS in Rs
-9.76
-10
-4.91
-6.52
-8.17
-3.67
-6.91
-3.95
MAXIND profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
233
212
191
163
211
255
Sales growth
82
-9
-10
-15
30
61
Expenses
233
202
229
264
299
360
Operating Profit
1
10
-38
-101
-88
-105
OPM
0.3%
4.8%
-20%
-62%
-42%
-41%
Other Income
-1
1
4
-11
6
28
Interest
10
6
5
8
14
12
Depreciation
7
8
10
19
25
28
Profit before tax
-18
-3
-49
-139
-121
-118
Tax
-11%
245%
15%
1%
1%
-
Net Profit
-16
-10
-56
-140
-122
-121
EPS in Rs
-2.84
-2.28
-12.34
-30.45
-23.2
-22.7
Dividend Payout
0%
0%
0%
0%
0%
-
MAXIND balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
43
44
52
53
56
Reserves
449
315
415
356
338
Borrowings
44
102
204
96
117
Other Liabilities
148
172
167
165
174
Total Liabilities
684
633
838
669
686
Fixed Assets
193
170
166
195
189
CWIP
10
21
32
2
0
Investments
63
53
59
34
37
Other Assets
418
389
581
438
460
Total Assets
684
633
838
669
686
MAXIND cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
66
69
-102
-128
-95
Cash from Investing Activity
18
124
159
47
-50
Cash from Financing Activity
-94
-119
-29
-13
148
Net Cash Flow
-10
75
27
-93
4
Free Cash Flow
64
66
-131
-163
-127
CFO/OP
7,765%
690%
241%
126%
103%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit