About MAKS Generators
MAKS Generators is a publicly listed company based in Pune (India) founded in 1982. Silent generator sets and spare parts are manufactured in Pune. The company has 24 employees. Its Indian entity Maks Energy Solutions India Limited reported revenue of ₹54.34 Cr. MAKS Generators offers products and services including Cummins Generators and Spare Parts. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
MAKS Generators was founded in 1982 in Pune, India, where operations in the power generation sector are conducted. Silent generator sets and associated spare parts are produced as core offerings. Manufacturing processes are maintained to support industrial and commercial needs. The company is directed by Managing Director Sourabh Mahendra Shaw, with details accessible through the domain maksgenerators.com. Focus remains on component reliability and local production capabilities.
- Headquarters Pune, India
- Employees 24
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website maksgenerators.com
- Social LinkedIn X Facebook
- Legal Name Maks Energy Solutions India Limited
- Market Cap₹8.95 Cr
MAKS-SM · NSE
- Share Price₹12.90
0.00% today
- Revenue₹25.54 Cr
FY 2021-22 · +23.3% YoY
- EBITDA₹0.66 Cr
Margin 2.6%
- Net Profit−₹0.60 Cr
FY 2021-22 · -76.5% YoY
- ROE8.2%
ROCE 13.2%
- Debt / Equity1.69
Interest cover 382.0x
- Employee Count24
Associated legal entities of MAKS Generators
MAKS Generators is associated with 2 registered companies on The Company Check; the primary company is Maks Energy Solutions India Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maks Energy Solutions India Limited Listed CIN L31102PN2010PLC136962 | Active | 27 Jul 2010 | Pune, Maharashtra | ₹54.3 Cr | 24 | 8 | View details |
| Maks Energy Solutions India Limited CIN U31102PN2010PLC136962 | 27 Jul 2010 | Pune, Maharashtra, India | View details |
Products & Services of MAKS Generators
MAKS Generators offers a comprehensive portfolio of products and services, including Cummins Generators and Spare Parts.
Reliable generator sets from Cummins are distributed for mechanical and electrical performance
A to Z spares for generators are supplied under one roof to support maintenance and operations
Board of directors of Maks Energy Solutions India Limited (MAKS Generators)
Maks Energy Solutions India Limited is the primary company behind MAKS Generators. The board of Maks Energy Solutions India Limited currently have 6 directors; the longest-serving is Swati Sourabh Shaw, appointed in 2010. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Swati Sourabh Shaw DIN 03142744 | Director | 27 Jul 2010 | 16 yrs 3 mo | Maks Energy Solutions India Limited |
| Mahendra Madhairam Shaw DIN 03142749 | Whole-time director | 27 Jul 2010 | 16 yrs 3 mo | Maks Energy Solutions India Limited |
| Sourabh Mahendra Shaw DIN 03159240 | Managing Director | 28 Jul 2010 | 16 yrs 3 mo | Maks Energy Solutions India Limited |
| Priti Singrodia DIN 10048450 | Director | 12 Feb 2025 | 1 yr 8 mo | Maks Energy Solutions India Limited |
| Usha Toshniwal DIN 09482797 | Director | 12 Feb 2025 | 1 yr 8 mo | Maks Energy Solutions India Limited |
| Shubham Bhutra DIN 08491970 | Director | 12 Feb 2025 | 1 yr 8 mo | Maks Energy Solutions India Limited |
People of MAKS Generators
1 people are tracked at MAKS Generators (1 in leadership); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for MAKS Generators
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of MAKS Generators
MAKS Generators is a publicly listed company on the NSE with ticker symbol MAKS in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Sep 2022
- Listed onNSE: MAKS
- Listed entityMaks Energy Solutions India Limited
- Exchange sectorProducer manufacturing
- ISININE0CDK01019
- Share price₹14.25 (-4.68% on the day) · 2026-10-12
- Market capitalisation₹9.9 Cr
- Price to earnings14.9
- EPS (diluted, trailing year)₹0.96
- Volume (last session)1,500
Financials of MAKS Generators
Exchange-reported figures of Maks Energy Solutions India Limited, the listed company behind MAKS Generators (NSE: MAKS-SM).
Financial Highlights
FY 2021-22 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Income statement | |||
| Revenue | 25.54 | 20.71 | 42.17 |
| Revenue growth | +23.3% | -50.9% | - |
| EBITDA | 0.66 | 1.97 | 3.37 |
| EBITDA margin | +2.6% | +9.5% | +8.0% |
| Profit before tax | 0.99 | 0.00 | 2.25 |
| Net profit | (0.60) | (0.34) | 1.69 |
| Net profit margin | -2.4% | -1.6% | +4.0% |
| EPS (₹) | (2.17) | (0.67) | 3.43 |
| Balance sheet | |||
| Total assets | 30.38 | 34.35 | 32.00 |
| Net worth | 11.47 | 12.54 | 12.87 |
| Total debt | 18.85 | 21.75 | 19.11 |
| Cash & bank | 1.31 | 1.78 | 0.80 |
| Net working capital | 29.22 | 30.60 | 27.90 |
| Cash flow | |||
| Cash from operations | 4.71 | 0.44 | (3.25) |
| Cash from investing | 0.05 | 0.00 | 0.04 |
| Cash from financing | (5.23) | 0.54 | 2.29 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 54.08 | 66.48 | 66.26 | 44.33 | 25.54 | 20.90 | 42.20 |
| Revenue growth | -18.7% | +0.3% | +49.5% | +73.6% | +22.2% | -50.5% | - |
| EBITDA | 2.79 | 2.68 | 1.93 | 2.07 | (3.77) | 2.64 | 3.39 |
| EBITDA margin | +5.2% | +4.0% | +2.9% | +4.7% | -14.8% | +12.6% | +8.0% |
| Profit before tax | 0.90 | 0.75 | 0.38 | 0.52 | (3.44) | 0.49 | 2.24 |
| Net profit | 0.78 | 0.74 | 0.58 | 0.35 | 0.95 | 0.39 | 1.67 |
| Net profit margin | +1.4% | +1.1% | +0.9% | +0.8% | +3.7% | +1.9% | +4.0% |
| EPS (₹) | 0.96 | 0.80 | 0.41 | 0.51 | (7.34) | 0.70 | 3.38 |
| Balance sheet | |||||||
| Total assets | 34.25 | 34.24 | 31.87 | 28.90 | 30.56 | 39.58 | 39.84 |
| Net worth | 17.56 | 16.89 | 16.34 | 16.06 | 11.64 | 15.27 | 14.92 |
| Total debt | 16.59 | 17.27 | 15.48 | 12.80 | 18.85 | 21.75 | 19.11 |
| Cash & bank | 2.94 | 2.81 | 2.47 | 0.95 | 1.31 | 1.78 | 0.80 |
| Net working capital | 33.11 | 33.07 | 30.71 | 27.70 | 29.40 | 34.27 | 34.49 |
| Cash flow | |||||||
| Cash from operations | 2.20 | 0.23 | 0.30 | 3.26 | 4.45 | 1.05 | (3.25) |
| Cash from investing | 0.14 | 0.10 | 0.09 | (0.02) | 0.07 | 0.03 | 0.04 |
| Cash from financing | (2.22) | 0.02 | 1.13 | (3.60) | (5.00) | (0.10) | 2.28 |
Financial Statements
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Revenue | 25.54 | 20.71 | 42.17 |
| Revenue growth | +23.3% | -50.9% | - |
| Other income | 2.71 | 0.21 | 1.18 |
| Total expenses | 24.88 | 18.74 | 38.80 |
| Employee cost | 1.13 | 0.77 | 1.05 |
| EBITDA | 0.66 | 1.97 | 3.37 |
| EBITDA margin | +2.6% | +9.5% | +8.0% |
| Depreciation | 0.05 | 0.06 | 0.07 |
| Interest | 2.33 | 2.12 | 2.23 |
| Profit before tax | 0.99 | 0.00 | 2.25 |
| Tax | 0.49 | 0.02 | 0.56 |
| Net profit | (0.60) | (0.34) | 1.69 |
| Net profit margin | -2.4% | -1.6% | +4.0% |
| EPS (₹) | (2.17) | (0.67) | 3.43 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 4.94 | 4.94 | 4.94 |
| Reserves & surplus | 6.53 | 7.60 | 7.93 |
| Shareholders' funds (net worth) | 11.47 | 12.54 | 12.87 |
| Minority interest | 0.00 | 0.00 | 0.00 |
| Secured loans | 17.70 | 21.14 | 19.11 |
| Unsecured loans | 1.15 | 0.61 | 0.00 |
| Total debt | 18.85 | 21.75 | 19.11 |
| Total liabilities | 30.38 | 34.35 | 32.00 |
| Assets | |||
| Gross block | 0.94 | 0.93 | 0.93 |
| Net block | 0.17 | 0.21 | 0.26 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 2.53 | 2.85 |
| Inventories | 11.05 | 13.74 | 14.26 |
| Sundry debtors | 21.22 | 20.60 | 19.37 |
| Cash & bank balances | 1.31 | 1.78 | 0.80 |
| Loans & advances | 1.13 | 1.27 | 3.78 |
| Total current assets | 34.71 | 37.39 | 38.21 |
| Total current liabilities | 5.49 | 6.79 | 10.31 |
| Net working capital | 29.22 | 30.60 | 27.90 |
| Total assets | 30.38 | 34.35 | 32.00 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Opening cash | 1.78 | 0.80 | 1.73 |
| Net cash from operating activities | 4.71 | 0.44 | (3.25) |
| Net cash from investing activities | 0.05 | 0.00 | 0.04 |
| Net cash from financing activities | (5.23) | 0.54 | 2.29 |
| Net change in cash | (0.47) | 0.98 | (0.93) |
| Closing cash | 1.31 | 1.78 | 0.80 |
| Particulars | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Growth | |||
| Sales growth | +23.3% | -50.9% | - |
| EBITDA growth | -66.5% | -41.5% | - |
| PBT growth | +9997.0% | +9997.0% | +9997.0% |
| Net income growth | -76.5% | -120.1% | - |
| Profitability & leverage | |||
| Net income margin | +2.0% | -0.1% | +4.0% |
| Return on capital employed | +13.2% | +6.4% | +14.0% |
| Return on net worth | +8.3% | -0.1% | +13.1% |
| Debt / equity | 1.69 | 1.61 | 1.48 |
| Long-term debt / equity | 0.22 | 0.14 | 0.00 |
| Interest cover | 381.97 | 110.99 | 67.58 |
| Efficiency & per share | |||
| Fixed asset turnover | 27.32 | 22.27 | 45.34 |
| Inventory turnover | 2.06 | 1.48 | 2.96 |
| Debtors turnover | 1.22 | 1.04 | 2.18 |
| EPS (₹) | (2.17) | (0.67) | 3.43 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 23.22 | 25.39 | 26.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 54.08 | 66.48 | 66.26 | 44.33 | 25.54 | 20.90 | 42.20 |
| Revenue growth | -18.7% | +0.3% | +49.5% | +73.6% | +22.2% | -50.5% | - |
| Other income | 0.26 | 0.27 | 0.40 | 0.38 | 2.71 | 0.02 | 1.15 |
| Total expenses | 51.29 | 63.80 | 64.33 | 42.26 | 29.31 | 18.26 | 38.81 |
| Employee cost | 2.12 | 1.90 | 1.90 | 1.42 | 1.13 | 0.77 | 1.03 |
| EBITDA | 2.79 | 2.68 | 1.93 | 2.07 | (3.77) | 2.64 | 3.39 |
| EBITDA margin | +5.2% | +4.0% | +2.9% | +4.7% | -14.8% | +12.6% | +8.0% |
| Depreciation | 0.02 | 0.03 | 0.03 | 0.04 | 0.05 | 0.06 | 0.07 |
| Interest | 2.13 | 2.17 | 1.92 | 1.89 | 2.33 | 2.11 | 2.23 |
| Profit before tax | 0.90 | 0.75 | 0.38 | 0.52 | (3.44) | 0.49 | 2.24 |
| Tax | 0.24 | 0.18 | 0.12 | 0.17 | 0.19 | 0.15 | 0.57 |
| Net profit | 0.78 | 0.74 | 0.58 | 0.35 | 0.95 | 0.39 | 1.67 |
| Net profit margin | +1.4% | +1.1% | +0.9% | +0.8% | +3.7% | +1.9% | +4.0% |
| EPS (₹) | 0.96 | 0.80 | 0.41 | 0.51 | (7.34) | 0.70 | 3.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.93 | 6.93 | 6.93 | 6.93 | 4.94 | 4.94 | 4.94 |
| Reserves & surplus | 10.63 | 9.96 | 9.41 | 9.13 | 6.70 | 10.33 | 9.98 |
| Shareholders' funds (net worth) | 17.56 | 16.89 | 16.34 | 16.06 | 11.64 | 15.27 | 14.92 |
| Secured loans | 16.59 | 17.27 | 14.88 | 11.65 | 18.85 | 21.14 | 19.11 |
| Unsecured loans | 0.00 | 0.00 | 0.60 | 1.15 | 0.00 | 0.61 | 0.00 |
| Total debt | 16.59 | 17.27 | 15.48 | 12.80 | 18.85 | 21.75 | 19.11 |
| Total liabilities | - | - | 31.87 | 28.90 | 30.56 | 39.58 | 39.84 |
| Assets | |||||||
| Gross block | 0.97 | 0.96 | 0.95 | 0.90 | 0.94 | 0.93 | 0.93 |
| Net block | 0.08 | 0.09 | 0.11 | 0.14 | 0.17 | 0.21 | 0.26 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.10 | 4.10 |
| Inventories | 8.61 | 9.05 | 12.74 | 12.89 | 11.05 | 13.74 | 14.26 |
| Sundry debtors | 20.65 | 20.18 | 13.64 | 13.35 | 21.22 | 20.60 | 19.37 |
| Cash & bank balances | 2.94 | 2.81 | 2.47 | 0.95 | 1.31 | 1.78 | 0.80 |
| Loans & advances | 1.95 | 3.18 | 3.68 | 3.11 | 1.15 | 2.59 | 4.55 |
| Total current assets | 34.15 | 35.22 | 32.53 | 30.30 | 34.73 | 38.71 | 38.98 |
| Total current liabilities | 1.04 | 2.15 | 1.82 | 2.60 | 5.33 | 4.44 | 4.49 |
| Net working capital | 33.11 | 33.07 | 30.71 | 27.70 | 29.40 | 34.27 | 34.49 |
| Total assets | 34.25 | 34.24 | 31.87 | 28.90 | 30.56 | 39.58 | 39.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.81 | 2.47 | 0.95 | 1.31 | 1.78 | 0.80 | 1.73 |
| Net cash from operating activities | 2.20 | 0.23 | 0.30 | 3.26 | 4.45 | 1.05 | (3.25) |
| Net cash from investing activities | 0.14 | 0.10 | 0.09 | (0.02) | 0.07 | 0.03 | 0.04 |
| Net cash from financing activities | (2.22) | 0.02 | 1.13 | (3.60) | (5.00) | (0.10) | 2.28 |
| Net change in cash | 0.12 | 0.34 | 1.52 | (0.36) | (0.47) | 0.98 | (0.93) |
| Closing cash | 2.94 | 2.81 | 2.47 | 0.95 | 1.31 | 1.78 | 0.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -18.7% | +0.3% | +49.5% | +73.6% | +22.2% | -50.5% | - |
| EBITDA growth | +4.1% | +38.9% | -6.8% | +154.9% | -242.8% | -22.1% | - |
| PBT growth | +20.0% | +97.4% | -26.9% | +9998.0% | - | -78.1% | +9997.0% |
| Net income growth | +5.4% | +27.6% | +65.7% | -63.2% | +143.6% | -76.7% | - |
| Revenue CAGR (3Y) | +6.9% | +37.6% | +46.9% | +1.7% | - | - | - |
| EBITDA CAGR (3Y) | +10.5% | - | -9.9% | -15.2% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.2% | +0.9% | +0.4% | +0.8% | -14.2% | +1.6% | +4.0% |
| Return on capital employed | +9.3% | +9.5% | +9.2% | +8.1% | +10.6% | +6.8% | +11.2% |
| Return on net worth | +4.5% | +4.3% | +3.7% | +2.6% | +7.1% | +2.7% | +11.2% |
| Debt / equity | 0.98 | 0.99 | 0.87 | 1.14 | 1.51 | 1.35 | 1.28 |
| Long-term debt / equity | 0.00 | 0.00 | 0.02 | 0.09 | 0.20 | 0.11 | 0.00 |
| Interest cover | 76.90 | 81.89 | 101.05 | 93.10 | -60.99 | 81.78 | 67.17 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 56.04 | 69.61 | 71.63 | 48.18 | 27.32 | 22.47 | 45.38 |
| Inventory turnover | 6.12 | 6.10 | 5.17 | 3.70 | 2.06 | 1.49 | 2.96 |
| Debtors turnover | 2.65 | 3.93 | 4.91 | 2.56 | 1.22 | 1.05 | 2.18 |
| EPS (₹) | 0.96 | 0.80 | 0.41 | 0.51 | (7.34) | 0.70 | 3.38 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 25.32 | 24.36 | 23.57 | 23.16 | 23.58 | 30.92 | 30.21 |
Web traffic of MAKS Generators
The website of MAKS Generators (maksgenerators.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 17.8% vs previous month
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as MAKS Generators (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
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|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about MAKS Generators
MAKS Generators was founded in 1982.
MAKS Generators is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
MAKS Generators has 24 employees.
The primary company behind MAKS Generators, Maks Energy Solutions India Limited, reported revenue of ₹54.34 Cr for FY 2026, down 19% year on year.
MAKS Generators was founded in 1982 in Pune, India, where operations in the power generation sector are conducted. Silent generator sets and associated spare parts are produced as core offerings. Manufacturing processes are maintained to support industrial and commercial needs. The company is directed by Managing Director Sourabh Mahendra Shaw, with details accessible through the domain maksgenerators.com. Focus remains on component reliability and local production capabilities.
MAKS Generators offers Cummins Generators and Spare Parts.
Yes, MAKS Generators is publicly traded on NSE under the ticker symbol MAKS.
MAKS Generators operates through Maks Energy Solutions India Limited.
The legal entities of MAKS Generators currently have 8 directors, including Sourabh Mahendra Shaw, Swati Sourabh Shaw, Mahendra Madhairam Shaw and others.