Maks Energy Solutions India Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN L31102PN2010PLC136962 Incorporated 27 July 2010 ROC Pune HQ Pune, Maharashtra, India
Active Listed - NSE: MAKS Public Limited Company energy and power MSME · Small
Data last updated
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
ROE
8.2%
ROCE 13.2%
Debt / Equity
1.69
Interest cover 382.0x
Authorised capital
₹8 Cr
Registered with MCA

About Maks Energy Solutions India Limited

Data last updated:

Maks Energy Solutions India Limited is a public limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 July 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN L31102PN2010PLC136962. Its GSTIN is 27AAGCM6693L1ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on NSE: MAKS.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.93 Cr. It was formerly known as Maks Energy Solutions India Private Limited. It is led by directors including Sourabh Mahendra Shaw (Managing Director) and Mahendra Madhairam Shaw (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Showroom – 1 599/600 Rasta Peth Shubham Society Near – Parsi Agyari, Pune, Maharashtra, India – 411011.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹54.08 Cr, a decline of 18.7% compared to the previous year. For the same year it recorded a net profit of ₹78 Lakh (net margin 1.4%) and EBITDA of ₹2.79 Cr (EBITDA margin 5.2%). The net worth stands at ₹17.56 Cr (up 4% YoY). Total assets are valued at ₹34.25 Cr (up 0% YoY).

The company has about 24 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: MAKS Generators. As per MCA filings, the company has open charges of ₹22.37 Cr and satisfied charges of ₹44.05 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 5 cases are pending. The company has 6 deals on record (3 rights issues, 1 funding round, 1 ipo), with disclosed funding of ₹87 Lakh; the latest was in September 2022.

Maks Energy Solutions India Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0008487). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maksgenerators.com.

Company details

CIN L31102PN2010PLC136962
Registration Number 136962
Incorporation Date 27 July 2010
ROC Pune
Listing Status Listed (NSE: MAKS)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0008487

CIN history

Maks Energy Solutions India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31102PN2010PLC136962, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31102PN2010PLC136962Current
U31102PN2010PTC136962Previous
U31102PN2010PLC136962Previous

Recognitions & Rankings of Maks Energy Solutions India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0008487

Contact details

Maks Energy Solutions India Limited's registered office is in Pune, Maharashtra.

  • Social Media
  • Registered Address
    Showroom – 1 599/600 Rasta Peth Shubham Society Near – Parsi Agyari, Pune, Maharashtra, India – 411011
  • Industry
    Energy and Power, Power Equipment Manufacturers
Comprehensive company report
Maks Energy Solutions India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Maks Energy Solutions India operates one associated brand: MAKS Generators. Each brand links to its own profile.

BrandDescriptionWebsite
Silent generator sets and spare parts are manufactured in Pune.maksgenerators.com

Business activity

The main business activities of Maks Energy Solutions India are wholesale and retail trade; repair of motor vehicles and motorcycles and trade. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles45Wholesale and retail trade and repair of motor vehicles and motorcycles
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Maks Energy Solutions India Limited, buy the company report.

Financials of Maks Energy Solutions India Limited

FY 2025-26 filings available

Maks Energy Solutions India Limited reported revenue of ₹54.08 Cr (down 18.7% YoY) for FY 2025-26.

Financial Highlights

FY 2021-22 · Consolidated
Revenue
₹25.54 Cr
+23.3% YoY
EBITDA
₹0.66 Cr
-66.5% YoY
Profit After Tax
−₹0.60 Cr
-76.5% YoY
Net Worth
₹11.47 Cr
-8.5% YoY
Total Assets
₹30.38 Cr
-11.6% YoY
Total Debt
₹18.85 Cr
-13.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue25.5420.7142.17
Revenue growth+23.3%-50.9%-
EBITDA0.661.973.37
EBITDA margin+2.6%+9.5%+8.0%
Profit before tax0.990.002.25
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 assets30.3834.3532.00
Net worth11.4712.5412.87
Total debt18.8521.7519.11
Cash & bank1.311.780.80
Net working capital29.2230.6027.90
Cash flow
Cash from operations4.710.44(3.25)
Cash from investing0.050.000.04
Cash from financing(5.23)0.542.29
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue54.0866.4866.2644.3325.5420.9042.20
Revenue growth-18.7%+0.3%+49.5%+73.6%+22.2%-50.5%-
EBITDA2.792.681.932.07(3.77)2.643.39
EBITDA margin+5.2%+4.0%+2.9%+4.7%-14.8%+12.6%+8.0%
Profit before tax0.900.750.380.52(3.44)0.492.24
Net profit0.780.740.580.350.950.391.67
Net profit margin+1.4%+1.1%+0.9%+0.8%+3.7%+1.9%+4.0%
EPS (₹)0.960.800.410.51(7.34)0.703.38
Balance sheet
Total assets34.2534.2431.8728.9030.5639.5839.84
Net worth17.5616.8916.3416.0611.6415.2714.92
Total debt16.5917.2715.4812.8018.8521.7519.11
Cash & bank2.942.812.470.951.311.780.80
Net working capital33.1133.0730.7127.7029.4034.2734.49
Cash flow
Cash from operations2.200.230.303.264.451.05(3.25)
Cash from investing0.140.100.09(0.02)0.070.030.04
Cash from financing(2.22)0.021.13(3.60)(5.00)(0.10)2.28

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsFY 2021-22FY 2020-21FY 2019-20
Revenue25.5420.7142.17
Revenue growth+23.3%-50.9%-
Other income2.710.211.18
Total expenses24.8818.7438.80
Employee cost1.130.771.05
EBITDA0.661.973.37
EBITDA margin+2.6%+9.5%+8.0%
Depreciation0.050.060.07
Interest2.332.122.23
Profit before tax0.990.002.25
Tax0.490.020.56
Net profit(0.60)(0.34)1.69
Net profit margin-2.4%-1.6%+4.0%
EPS (₹)(2.17)(0.67)3.43
ParticularsFY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.944.944.94
Reserves & surplus6.537.607.93
Shareholders' funds (net worth)11.4712.5412.87
Minority interest0.000.000.00
Secured loans17.7021.1419.11
Unsecured loans1.150.610.00
Total debt18.8521.7519.11
Total liabilities30.3834.3532.00
Assets
Gross block0.940.930.93
Net block0.170.210.26
Capital work in progress0.000.000.00
Investments0.002.532.85
Inventories11.0513.7414.26
Sundry debtors21.2220.6019.37
Cash & bank balances1.311.780.80
Loans & advances1.131.273.78
Total current assets34.7137.3938.21
Total current liabilities5.496.7910.31
Net working capital29.2230.6027.90
Total assets30.3834.3532.00
ParticularsFY 2021-22FY 2020-21FY 2019-20
Opening cash1.780.801.73
Net cash from operating activities4.710.44(3.25)
Net cash from investing activities0.050.000.04
Net cash from financing activities(5.23)0.542.29
Net change in cash(0.47)0.98(0.93)
Closing cash1.311.780.80
ParticularsFY 2021-22FY 2020-21FY 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 / equity1.691.611.48
Long-term debt / equity0.220.140.00
Interest cover381.97110.9967.58
Efficiency & per share
Fixed asset turnover27.3222.2745.34
Inventory turnover2.061.482.96
Debtors turnover1.221.042.18
EPS (₹)(2.17)(0.67)3.43
Dividend per share (₹)0.000.000.00
Book value per share (₹)23.2225.3926.05
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue54.0866.4866.2644.3325.5420.9042.20
Revenue growth-18.7%+0.3%+49.5%+73.6%+22.2%-50.5%-
Other income0.260.270.400.382.710.021.15
Total expenses51.2963.8064.3342.2629.3118.2638.81
Employee cost2.121.901.901.421.130.771.03
EBITDA2.792.681.932.07(3.77)2.643.39
EBITDA margin+5.2%+4.0%+2.9%+4.7%-14.8%+12.6%+8.0%
Depreciation0.020.030.030.040.050.060.07
Interest2.132.171.921.892.332.112.23
Profit before tax0.900.750.380.52(3.44)0.492.24
Tax0.240.180.120.170.190.150.57
Net profit0.780.740.580.350.950.391.67
Net profit margin+1.4%+1.1%+0.9%+0.8%+3.7%+1.9%+4.0%
EPS (₹)0.960.800.410.51(7.34)0.703.38
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.936.936.936.934.944.944.94
Reserves & surplus10.639.969.419.136.7010.339.98
Shareholders' funds (net worth)17.5616.8916.3416.0611.6415.2714.92
Secured loans16.5917.2714.8811.6518.8521.1419.11
Unsecured loans0.000.000.601.150.000.610.00
Total debt16.5917.2715.4812.8018.8521.7519.11
Total liabilities--31.8728.9030.5639.5839.84
Assets
Gross block0.970.960.950.900.940.930.93
Net block0.080.090.110.140.170.210.26
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.004.104.10
Inventories8.619.0512.7412.8911.0513.7414.26
Sundry debtors20.6520.1813.6413.3521.2220.6019.37
Cash & bank balances2.942.812.470.951.311.780.80
Loans & advances1.953.183.683.111.152.594.55
Total current assets34.1535.2232.5330.3034.7338.7138.98
Total current liabilities1.042.151.822.605.334.444.49
Net working capital33.1133.0730.7127.7029.4034.2734.49
Total assets34.2534.2431.8728.9030.5639.5839.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.812.470.951.311.780.801.73
Net cash from operating activities2.200.230.303.264.451.05(3.25)
Net cash from investing activities0.140.100.09(0.02)0.070.030.04
Net cash from financing activities(2.22)0.021.13(3.60)(5.00)(0.10)2.28
Net change in cash0.120.341.52(0.36)(0.47)0.98(0.93)
Closing cash2.942.812.470.951.311.780.80
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.980.990.871.141.511.351.28
Long-term debt / equity0.000.000.020.090.200.110.00
Interest cover76.9081.89101.0593.10-60.9981.7867.17
Efficiency & per share
Fixed asset turnover56.0469.6171.6348.1827.3222.4745.38
Inventory turnover6.126.105.173.702.061.492.96
Debtors turnover2.653.934.912.561.221.052.18
EPS (₹)0.960.800.410.51(7.34)0.703.38
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)25.3224.3623.5723.1623.5830.9230.21

To see the full year-wise statements and ratios of Maks Energy Solutions India Limited, buy the company report.

Board of directors of Maks Energy Solutions India Limited

Maks Energy Solutions India has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sourabh Mahendra ShawManaging Director28 Jul 201016 Years 3 MonthsCurrent
Swati Sourabh ShawDirector27 Jul 201016 Years 3 MonthsCurrent
Mahendra Madhairam ShawWhole-Time Director27 Jul 201016 Years 3 MonthsCurrent
Priti SingrodiaDirector12 Feb 20251 Years 8 MonthsCurrent
Usha ToshniwalDirector12 Feb 20251 Years 8 MonthsCurrent
Shubham BhutraDirector12 Feb 20251 Years 8 MonthsCurrent

Charges & borrowings

Open charges
₹22.37 Cr
Satisfied charges
₹44.05 Cr
Breakdown by lending institutions
Indian Bank₹13.12 Cr
State Bank of India₹9.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Jun 2026101352844Indian Bank₹1.88 CrOpen
30 Sep 2023100814817Indian Bank₹11.24 CrOpen
13 Oct 2021100499200State Bank of India₹9.25 CrOpen
06 Jan 2021100404692Others₹3.45 CrSatisfied
10 Sep 2020100378871Axis Bank Limited₹2 CrSatisfied

To see the full charge records of Maks Energy Solutions India Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Maks Energy Solutions India Limited has 6 deals on record (3 rights issues, 1 funding round, 1 ipo), with disclosed funding of ₹87 Lakh; the latest was in September 2022.

Total deals
6
Rights issues
3
Funding round
1
IPO
1
Secondary share transfer
1
Disclosed funding
₹87 Lakh

Deals on record (5 of 6)

WhenDealAmountParties
Sep 2022IPO₹4 CrInvestors: IPO Shareholders - Maks Energy Solutions India Limited, NNM Securities Private Limited , 2 individuals
Apr 2019Rights issue₹5.5 CrInvestors: 2 individuals
Jun 2018Rights issue₹1.68 CrInvestors: 3 individuals
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: Midway Dealers Private Limited
Mar 2012Funding round₹87 LakhInvestors: Midway Dealers Private Limited

To see the full deal history of Maks Energy Solutions India Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Maks Energy Solutions India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Maks Energy Solutions India has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAGCM6693L1ZQMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Maks Energy Solutions India Limited, buy the company report.

Recent activity

Maks Energy Solutions India Limited has 16 board changes on record since 2010: 6 appointments and 10 cessations. The latest: Priti Singrodia ceased to be Additional Director on 24 Sep 2025.

Charges
A charge with Indian Bank amounted to Rs. 1.88 Cr with Charge ID 101352844 was registered on 12 Jun 2026.
Filing
Maks Energy Solutions India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Pune.
AGM
Maks Energy Solutions India Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Ceased
Priti Singrodia ceased to be Additional Director.
Ceased
Shubham Bhutra ceased to be Additional Director.
Ceased
Usha Toshniwal ceased to be Additional Director.
Charges
A charge with State Bank Of India of Rs. 9.25 Cr registered on 13 Oct 2021 with Charge ID 100499200 was modified on 25 Feb 2025.
Appointed
Priti Singrodia was appointed as Director.
Appointed
Shubham Bhutra was appointed as Director.
Appointed
Usha Toshniwal was appointed as Director.
Charges
A charge registered on 06 Jan 2021 via Charge ID 100404692 with Others was fully satisfied on 16 Oct 2023.
Charges
A charge registered on 05 Mar 2020 via Charge ID 100329574 with Others was fully satisfied on 16 Oct 2023.

25 earlier events are in the company report.

Frequently asked questions

Maks Energy Solutions India is an active public limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 July 2010 (16+ years old) and is registered under CIN L31102PN2010PLC136962. Listed on NSE: MAKS.

Maks Energy Solutions India reported revenue of ₹54.08 Cr for FY 2025-26 (down 18.7% YoY) based on standalone financials.

Maks Energy Solutions India has 6 current directors:

The latest financial statements of Maks Energy Solutions India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Maks Energy Solutions India is 27AAGCM6693L1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Maks Energy Solutions India is L31102PN2010PLC136962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Maks Energy Solutions India is a listed company as per MCA records. Its shares are listed on NSE (symbol: MAKS).

Maks Energy Solutions India has 9 court cases on record: 7 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.

Maks Energy Solutions India was incorporated on 27 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.

Maks Energy Solutions India has 6 deals on record (3 rights issues, 1 funding round, 1 ipo), with disclosed funding of ₹87 Lakh; the latest was in September 2022.