Maxvolt Energy Industries IPO Review

Maxvolt Energy Industries Ltd is the leading Manufacturer & Supplier of Lithium battery packs for all type of Electric Vehicles, Energy Storage Systems & Medical Device Batteries. Their state-of-the-art manufacturing facilities and dedicated team ensure that their lithium battery packs meet the highest standards, providing reliable and efficient power solutions for various applications.

The Company is led by the Promoters Mr. Bhuvneshwar Pal Singh, Mr. Vishal Gupta and Mr. Sachin Gupta. They are involved in the critical aspects of the business, including expansion, process and plant, finance, sales and marketing etc, they further believe that the market position has been achieved by adherence to the vision of the Promoters and their combined experience in the industry in which the Company operates. They are well versed in Quality systems, adept at providing guidance, leadership and support in the quality of products and operations. They ensure that all activities conform to applicable norms as well as follow company standards and requirements. They always make sure operations adhere to goals, objectives and mission of the company.

The Revenues from operations for the period ended on Sep 30, 2024, Fiscals ended 2024, 2023 and 2022 were ₹ 4,108.51 Lakh, ₹ 4,878.61 Lakh, ₹ 1,391.81 Lakh and ₹ 618.32 Lakh respectively. The EBITDA for the period ended on Sep 30, 2024, Fiscals ended 2024, 2023 and 2022 were ₹ 617.67 Lakh, ₹ 703.73 Lakh, ₹ 78.48 Lakh, and ₹ 19.34 Lakh, respectively. The Profit after Tax for the period ended on Sep 30, 2024, Fiscals ended 2024, 2023 and 2022 were ₹ 477.02 Lakh, ₹ 520.83 Lakh, ₹ 27.88 Lakh, and ₹ 1.42 Lakh respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 7.07 and post-issue EPS of ₹ 4.78 for FY24. The pre-issue P/E ratio is 25.46x, while the post-issue P/E ratio is 37.68x against the Industry P/E ratio is 89x. The company's ROCE for FY24 is 39.46%, ROE for FY24 is 85.41% and RoNW 45.09%. The Annualised EPS based on the latest financial data is ₹ 11.52 and PE ratio is 15.62x. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Maxvolt Energy Industries showing listing gains of 0.00 %. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Maxvolt Energy Industries Limited IPO for Listing gain.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 

About the Author
 CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms during the training period. He is good at Technical analysis and Fundamental Analysis and uses both Technical and Fundamental analysis along with five other important factors that affect the movement of the Market namely Global Market Analysis, Upcoming Event Analysis, Institutional Money Analysis, Derivative Data Analysis, and Emotions and Sentiment of Traders and Investors in his Framework called - Technical Fundamental GUIDE to find the winning Trades.