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Maharaja & Speedex India Ltd (544925)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544925 NSE: Household & Personal Products | Small Cap | Maharaja & Speedex Share Price

₹249.40 -13.10 (-4.99%)

As on 21-Sep'26 16:59

Maharaja & Speedex India Ltd (544925)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544925 NSE: Household & Personal Products | Small Cap | Maharaja & Speedex Share Price

₹249.40 -13.10 (-4.99%)

As on 21-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹0 Cr.
Current Price
₹249.4
52-Week Low / High
₹240 / 263
TTM EPS
₹9.4
TTM Sales
₹123 Cr.
Book Value per Share
₹19.8
P/E Ratio
26.57
Industry PE
-
Price to Book (P/B)
12.62
Price to Sales (P/S)
3.32
EV/EBITDA
19.12
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
72.40%
Outperforms industry median
Return on Capital Employed (ROCE)
47.67%
Outperforms industry median
Return on Assets (ROA)
23.73%
Operating Profit Margin
18.6%
Net Profit Margin
12.51%
Gross Profit Margin
17.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
112.61%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
175.4%
Asset Quality
Promoter Holding
%
Pledged shares (%) of Promoter's holding (%)
%
Reserves
₹16 Cr.
Equity
-
Face Value
-
All Time Low / High
- / -

Maharaja & Speedex India stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is Maharaja & Speedex India Ltd a good quality company?
Maharaja & Speedex India Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Maharaja & Speedex India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Maharaja & Speedex India Ltd vs industry peers?
Maharaja & Speedex India Ltd revenue CAGR is 23.74%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Maharaja & Speedex India Ltd?
Promoters hold % of the Maharaja & Speedex India Ltd, with % of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Maharaja & Speedex India Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Maharaja & Speedex India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Information and data for this Company is currently unavailable.
We assure our users that information and data for the company will be available soon.

Valuation of Maharaja & Speedex - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Financials

PARTICULARSMar'23Mar'24Mar'25Mar'26
Sales64.7361.3293.51122.65
Operating Expenses + 63.0458.4782.88100.05
Manufacturing Costs1.021.036.3211.62
Material Costs58.8853.5561.1668.70
Employee Cost 0.891.123.986.56
Other Costs 2.252.7811.4213.17
Operating Profit 1.692.8510.6322.60
Operating Profit Margin (%) 2.6%4.7%11.4%18.4%
Other Income + 0.040.090.100.09
Exceptional Items 0000
Interest 0.551.072.041.57
Depreciation 0.210.431.201.93
Profit Before Tax 0.971.457.4919.19
Tax 0.250.371.923.85
Profit After Tax 0.721.085.5715.34
PAT Margin (%) 1.1%1.8%6.0%12.5%
Adjusted EPS (₹)0.60.94.311.9
Dividend Payout Ratio (%)0%0%0%0%
PARTICULARSMar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1.864.9713.5228.86
Share Capital 0.010.010.0112.90
Reserves 1.854.9613.5115.96
Debt +7.8316.0117.8926.66
Long Term Debt4.884.697.123.97
Short Term Debt2.9511.3210.7722.70
Minority Interest0000
Trade Payables5.464.6911.0720.39
Others Liabilities 1.031.185.035.90
Total Liabilities 16.1826.8547.5181.81

Fixed Assets

Net Fixed Assets +1.791.586.1415.17
Gross Block2.382.5010.0420.89
Accumulated Depreciation0.590.923.905.72
CWIP 0000
Investments 02.4900
Inventories5.6412.4420.3636.17
Trade Receivables7.806.9112.5419.35
Cash Equivalents 0.120.381.180.46
Others Assets 0.823.047.3010.66
Total Assets 16.1826.8547.5181.81
PARTICULARSMar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 0.542.132.053.66
PBT 0.971.457.4919.19
Adjustment 0.751.434.074.19
Changes in Working Capital -0.97-0.48-8.84-17.76
Tax Paid -0.21-0.27-0.67-1.96
Cash Flow From Investing Activity + -1.70-2.68-1.65-11.61
Capex -1.70-0.190.46-11.08
Net Investments 0-2.49-2.040
Others -00-0.06-0.53
Cash Flow From Financing Activity + 1.220.810.047.23
Net Proceeds from Shares 02.023.010
Net Proceeds from Borrowing 0000
Interest Paid -0.54-1.03-1.92-1.40
Dividend Paid 0000
Others 1.76-0.19-1.058.63
Net Cash Flow 0.060.260.44-0.72
PARTICULARSMar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)38.8831.5760.2172.4
ROCE (%)15.4816.2736.247.67
Asset Turnover Ratio42.852.521.9
PAT to CFO Conversion(x)0.751.970.370.24
Working Capital Days
Receivable Days4443.803847.40
Inventory Days31.8053.806484.10
Payable Days33.8034.604783.60

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Maharaja & Speedex India Ltd FAQs

The current trading price of Maharaja & Speedex on 21-Sep-2026 16:59 is ₹249.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Sep-2026 the market cap of Maharaja & Speedex stood at ₹0.00 Cr

The latest P/E ratio of Maharaja & Speedex as of 20-Sep-2026 is 0.00.

The latest P/B ratio of Maharaja & Speedex as of 20-Sep-2026 is 0.00.

The 52-week high of Maharaja & Speedex is ₹262.5 and the 52-week low is ₹240.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maharaja & Speedex is ₹0.00 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Maharaja & Speedex India Ltd is a below average quality company.

No data found

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Maharaja & Speedex India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Maharaja & Speedex India Ltd

Established in 2006, Maharaja & Speedex India is a drinkware manufacturing and distribution company focused on stainless-steel bottles and allied drinkware products, catering to both retail consumers and institutional customers across India. It is engaged in the manufacturing, branding, marketing and distribution of stainless-steel bottles and value-added drinkware products, with a diversified portfolio designed to address evolving consumer preferences for durable, hygienic and reusable drinkware solutions. 

The company’s product portfolio is broadly classified into Standard Products and Novelty Products. Standard Products include stainless steel bottles catering to routine usage, while Novelty Products comprise tumblers, feeding bottles and gym shakers, designed to meet evolving consumer preferences. These products are offered across multiple price points and consumer segments including mass, premium and lifestyle categories, enabling the company to cater to a broad customer base. 

In addition to its branded product offerings, the company undertakes original equipment manufacturing (OEM) and private-label manufacturing, providing customized drinkware solutions for corporate gifting programs, institutional buyers and brand partners. These capabilities enable the company to serve both business-to-consumer (B2C) and business-to-business. The company operates an integrated, asset-backed business model supported by in-house manufacturing capabilities, with its manufacturing operations primarily undertaken through its subsidiary. This structure enables the Company to maintain effective control over product quality, production processes and product development.

Business area of the company 

The company is engaged in the manufacturing, branding, marketing, and distribution of stainless-steel bottles and value-added drinkware products.

Products of the company

  • Single wall stainless steel bottles
  • Double wall and vacuum insulated bottles
  • Stainless steel feeding bottles for infants and children
  • Tumblers, shakers and travel mugs
  • Customised solutions

Awards, accreditations and recognition 

Recognized by the Bureau of India Standard for securing the first All India Licence for the stainless Steel Feeding Bottles for Infants (IS 18880:2023).

History and milestones

  • 2006-07: Incorporation of the company.
  • 2015-16: Commenced trading operations in steel bottles.
  • 2022-23: Expanded the product portfolio with the introduction of baby feeding bottles, diversifying into the infant care segment.
  • 2024-25: Further strengthened the product portfolio with the launch of a printed range of bottles, catering to evolving consumer preferences for design-oriented products.
  • 2024-25: Pursuant to Share purchase agreement dated January 27, 2025 and February 4, 2025, the company had acquired Dewdrop Bottles Private Limited and Speedex Online Private Limited (formerly known as Gulika Apparel Private Limited).
  • 2025-26: Launched Zanzee bottles and introduced gym shakers, expanding the premium product in stainless steel kitchenware industry.
  • 2025-26: Achieved a significant operational milestone by recording monthly revenue of around Rs 10 crore for the first time.


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