Indian Company Master Data Made Simple
Maximus International Limited
Maximus International Limited began operations in 2015 and has been in business for 10 years. Corporate ID: L51900GJ2015PLC085474, registered with number 85474. It is officially registered under the category of company limited by shares. Maximus International Limited’s authorized capital amounts to ₹16.80 crore. Maximus International Limited’s paid-up capital stands at ₹13.60 crore.
Its primary business activity involves other wholesale [includes specialized wholesale not covered in any one of the previous categories and wholesale in a variety of goods without any particular specialization.]. This entity is registered in Ahmedabad, India. Maximus International Limited is incorporated at 504a, Ozone, Dr. Vikram Sarabhai Marg, Vadi-wadi, Vadodara, Vadodara, Gujarat, India, 390003. Maximus International Limited holds an active company status. Its registered PAN is AAKCM0787H as per government records. The entity’s LEI (Legal Entity Identifier) number is 335800MCDXEQ69S5FP81. The company’s official contact email is info@maximusinternational.in. The executive leadership listing includes Milind Jayeshkumar Joshi (CFO).
Company Overview
- CIN
- Date of Incorporation
- 21/12/2015
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2024
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹16,80,00,000.00
- Paid up Capital
- ₹13,60,36,000.00
- Activity
- Other wholesale [Includes specialized wholesale not covered in any one of the previous categories and wholesale in a variety of goods without any particular specialization.]
- info@maximusinternational.in
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AAKCM0787H1ZA | Active |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8544W01020 | MAXIMUS INTERNATIONAL LIMITED EQ NEW FV RE.1/- LISTING/TRDG APRVL AWAITE | - | 12/10/2026 | MAXIMUS INTNL/SH VTG | ESVUFN |
| INE544W01021 | MAXIMUS INTERNATIONAL LIMITED EQ NEW FV RE.1/- | - | 12/10/2026 | MAXIMUS INTNL/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| Net PPE | ₹1,323.10L | ₹1,099.33L | ₹711.78L | ₹667.37L | ₹0.00L |
| Net Debt | ₹3,815.44L | ₹2,089.03L | ₹1,715.31L | ₹708.29L | ₹0.00L |
| Goodwill | ₹338.55L | ₹307.55L | ₹294.00L | ₹274.15L | ₹0.00L |
| Gross PPE | ₹1,323.10L | ₹2,123.49L | ₹1,575.39L | ₹1,399.88L | ₹0.00L |
| Inventory | ₹1,234.46L | ₹1,232.43L | ₹649.07L | ₹677.02L | ₹0.00L |
| Total Debt | ₹3,939.71L | ₹2,274.51L | ₹1,773.54L | ₹932.66L | ₹0.00L |
| Common Stock | ₹1,360.36L | ₹1,360.36L | ₹1,257.20L | ₹1,257.20L | ₹0.00L |
| Current Debt | ₹3,389.44L | ₹1,805.68L | ₹1,216.51L | ₹454.26L | ₹0.00L |
| Share Issued | ₹1,360.36L | ₹1,360.36L | ₹1,257.20L | ₹1,257.20L | ₹0.00L |
| Total Assets | ₹17,949.54L | ₹13,300.26L | ₹8,209.56L | ₹7,712.89L | ₹0.00L |
| Capital Stock | ₹1,360.36L | ₹1,360.36L | ₹1,257.20L | ₹1,257.20L | ₹0.00L |
| Long Term Debt | ₹550.27L | ₹467.09L | ₹548.77L | ₹462.35L | ₹0.00L |
| Current Assets | ₹15,519.74L | ₹10,875.99L | ₹6,105.37L | ₹5,935.21L | ₹0.00L |
| Working Capital | ₹7,961.86L | ₹6,264.88L | ₹3,565.35L | ₹3,115.38L | ₹0.00L |
| Invested Capital | ₹12,645.67L | ₹9,481.30L | ₹5,829.06L | ₹4,122.32L | ₹0.00L |
| Other Properties | ₹1,304.38L | ₹632.84L | ₹628.76L | ₹587.73L | ₹0.00L |
| Common Stock Equity | ₹8,705.96L | ₹7,208.53L | ₹4,063.78L | ₹3,205.71L | ₹0.00L |
| Net Tangible Assets | ₹8,316.41L | ₹6,857.00L | ₹3,736.73L | ₹2,913.38L | ₹0.00L |
| Tangible Book Value | ₹8,316.41L | ₹6,857.00L | ₹3,736.73L | ₹2,913.38L | ₹0.00L |
| Current Liabilities | ₹7,557.88L | ₹4,611.11L | ₹2,540.02L | ₹2,819.83L | ₹0.00L |
| Long Term Provisions | ₹139.51L | ₹125.76L | ₹82.97L | ₹67.92L | ₹0.00L |
| Stockholders Equity | ₹8,705.96L | ₹7,208.53L | ₹4,063.78L | ₹3,205.71L | ₹0.00L |
| Other Equity Interest | ₹7,345.60L | ₹5,848.17L | ₹2,806.58L | ₹1,948.51L | ₹0.00L |
| Total Capitalization | ₹9,256.23L | ₹7,675.62L | ₹4,612.55L | ₹3,668.06L | ₹0.00L |
| Investment Properties | ₹83.76L | ₹85.30L | ₹86.84L | ₹88.39L | ₹0.00L |
| Ordinary Shares Number | ₹1,360.36L | ₹1,360.36L | ₹1,257.20L | ₹1,257.20L | ₹0.00L |
| Other Intangible Assets | ₹51.00L | ₹43.98L | ₹33.05L | ₹18.18L | ₹0.00L |
| Other Non Current Assets | ₹7.21L | ₹4.61L | ₹4.61L | ₹0.20L | ₹0.00L |
| Total Non Current Assets | ₹2,429.71L | ₹2,058.38L | ₹1,565.16L | ₹1,777.68L | ₹0.00L |
| Cash And Cash Equivalents | ₹124.27L | ₹183.74L | ₹49.97L | ₹208.32L | ₹0.00L |
| Construction In Progress | ₹18.72L | ₹466.50L | ₹83.03L | ₹79.64L | ₹0.00L |
| Other Short Term Investments | ₹1,450.08L | ₹1,052.02L | ₹1,274.63L | ₹590.08L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹389.55L | ₹351.53L | ₹327.05L | ₹292.33L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹9,581.71L | ₹8,081.01L | ₹4,932.33L | ₹4,068.09L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹8,367.83L | ₹5,219.25L | ₹3,277.23L | ₹3,644.80L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹3,389.44L | ₹1,807.42L | ₹1,223.03L | ₹461.34L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹550.27L | ₹467.09L | ₹550.51L | ₹471.32L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹1,574.35L | ₹183.74L | ₹49.97L | ₹208.32L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹809.95L | ₹608.14L | ₹737.21L | ₹824.97L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 |
|---|---|---|---|---|
| Free Cash Flow | -₹1,212.72L | -₹2,017.97L | -₹1,012.73L | ₹57.91L |
| Changes In Cash | -₹59.48L | ₹133.78L | -₹158.36L | ₹139.19L |
| End Cash Position | ₹124.27L | ₹183.74L | ₹49.97L | ₹208.32L |
| Financing Cash Flow | ₹1,267.56L | ₹2,293.58L | ₹612.43L | ₹116.09L |
| Investing Cash Flow | -₹501.94L | -₹703.06L | ₹46.82L | -₹183.65L |
| Operating Cash Flow | -₹825.10L | -₹1,456.74L | -₹817.61L | ₹206.75L |
| Capital Expenditure | -₹387.62L | -₹561.23L | -₹195.12L | -₹148.84L |
| Beginning Cash Position | ₹183.74L | ₹49.97L | ₹208.32L | ₹69.10L |
| Issuance Of Capital Stock | ₹0.00L | ₹2,108.99L | ₹0.00L | ₹0.00L |
| Other Cash Adjustment Outside Changein Cash | ₹0.01L | -₹0.01L | ₹0.01L | ₹0.03L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 |
|---|---|---|---|---|---|
| EBIT | ₹1,504.11L | ₹1,350.64L | ₹992.58L | ₹929.60L | ₹0.00L |
| EBITDA | ₹1,726.41L | ₹1,519.16L | ₹1,128.11L | ₹1,056.51L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹926.35L | ₹905.79L | ₹792.46L | ₹695.08L | ₹0.00L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹3,126.11L | ₹2,820.14L | ₹1,797.39L | ₹1,423.84L | ₹0.00L |
| Pretax Income | ₹1,106.48L | ₹1,034.27L | ₹842.97L | ₹790.39L | ₹0.00L |
| Tax Provision | ₹176.87L | ₹124.55L | ₹44.36L | ₹61.61L | ₹0.00L |
| Total Revenue | ₹18,480.71L | ₹15,684.63L | ₹10,858.21L | ₹9,522.52L | ₹0.00L |
| Cost Of Revenue | ₹15,354.60L | ₹12,864.49L | ₹9,060.82L | ₹8,098.68L | ₹0.00L |
| Total Expenses | ₹17,349.58L | ₹14,524.26L | ₹10,172.02L | ₹8,615.48L | ₹0.00L |
| Interest Expense | ₹397.63L | ₹316.37L | ₹149.61L | ₹139.21L | ₹0.00L |
| Operating Income | ₹1,131.13L | ₹1,160.37L | ₹686.19L | ₹907.04L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹1,726.41L | ₹1,519.16L | ₹1,123.02L | ₹1,058.48L | ₹0.00L |
| Normalized Income | ₹926.35L | ₹905.79L | ₹787.64L | ₹696.90L | ₹0.00L |
| Operating Expense | ₹1,994.98L | ₹1,659.77L | ₹1,111.20L | ₹516.80L | ₹0.00L |
| Operating Revenue | ₹18,480.71L | ₹15,684.63L | ₹10,858.21L | ₹9,522.52L | ₹0.00L |
| Net Interest Income | -₹397.63L | -₹316.37L | -₹170.60L | -₹92.79L | ₹0.00L |
| Basic Average Shares | ₹1,362.28L | ₹1,332.04L | ₹1,257.20L | ₹1,257.20L | ₹0.00L |
| Diluted Average Shares | ₹1,362.28L | ₹1,332.04L | ₹1,257.20L | ₹1,257.20L | ₹0.00L |
| Other Operating Expenses | ₹980.42L | ₹793.69L | ₹164.82L | ₹143.35L | ₹0.00L |
| Reconciled Depreciation | ₹222.30L | ₹168.52L | ₹135.53L | ₹126.91L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹15,354.60L | ₹12,864.49L | ₹9,060.82L | ₹8,098.68L | ₹0.00L |
| Tax Effect Of Unusual Items | ₹0.00L | ₹0.00L | ₹0.27L | -₹0.15L | ₹0.00L |
| Interest Expense Non Operating | ₹397.63L | ₹316.37L | ₹149.61L | ₹139.21L | ₹0.00L |
| Net Income Common Stockholders | ₹926.35L | ₹905.79L | ₹792.46L | ₹695.08L | ₹0.00L |
| Net Income Continuous Operations | ₹929.61L | ₹909.72L | ₹798.61L | ₹728.78L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹926.35L | ₹905.79L | ₹792.46L | ₹695.08L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹397.63L | -₹316.37L | -₹170.60L | -₹92.79L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹929.62L | ₹909.72L | ₹798.63L | ₹728.78L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹926.35L | ₹905.79L | ₹792.46L | ₹695.08L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹926.35L | ₹905.79L | ₹792.46L | ₹695.08L | ₹0.00L |
Company Performance (FY23–FY26)
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 22/12/2015 | Dipak Vrajlal Raval | 01292764 | Managing Director | View other directorships |
| 12/04/2019 | Vinay Shrikrishna Pandya | 08368828 | Director | View other directorships |
| 20/11/2019 | Anand Shahi Kant Muley | 08616809 | Director | View other directorships |
| 12/10/2020 | Krishnamoorthy Krishnamoorthy Murali | 06929357 | Director | View other directorships |
| 01/06/2021 | Milind Jayeshkumar Joshi | *****8200E | CFO | |
| 31/12/2021 | Rahil Thaker | 07907715 | Director | View other directorships |
| 31/12/2021 | Divya Chirayu Zalani | 09429881 | Director | View other directorships |
| 01/02/2024 | Divya Narendrabhai Prajapati | *****7071H | Company Secretary |
Business Network
Directors 8
- Dipak Vrajlal RavalManaging Director
- Divya Chirayu ZalaniDirector
- Rahil ThakerDirector
- Krishnamoorthy Krishnamoorthy MuraliDirector
- Anand Shahi Kant MuleyDirector
- Vinay Shrikrishna PandyaDirector
- Divya Narendrabhai PrajapatiCompany Secretary
- Milind Jayeshkumar JoshiCFO
Latest Documents
| Date | Title | Size |
|---|---|---|
| 01/12/2024 | Form MGT-7-28112024 | - |
| 07/11/2024 | Form AOC-4(XBRL)-25102024 | - |
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Address
Frequently Asked Questions
The current board member of Maximus International Limited are:
- Vinay Shrikrishna Pandya
- Anand Shahi Kant Muley
- Rahil Thaker
- Dipak Vrajlal Raval
- Krishnamoorthy Krishnamoorthy Murali
- Divya Chirayu Zalani