Maxvolt crosses Rs 1 billion revenue milestone in FY25
POWER & RENEWABLE ENERGY

Maxvolt crosses Rs 1 billion revenue milestone in FY25

Maxvolt Energy Industries has recorded Rs 1.07 billion in revenue for FY 2024–25, more than doubling its previous year’s earnings of Rs 48.37 crore. This marks the second consecutive year of 200 per cent-plus growth for the lithium battery technology company, underscoring its aggressive expansion strategy and growing role in India’s green energy ecosystem. 

The AIS 156-certified firm serves electric vehicles, energy storage systems (ESS), medical devices, and consumer electronics. Earlier this year, Maxvolt listed on the NSE Emerge platform, with its IPO being oversubscribed 3.3 times. The company also raised $1.5 million from venture capitalists and high-net-worth individuals. 

“Passing the Rs 1 billion figure endorses our commitment to technological innovation, sustainability, and operational excellence,” said Satendra Shukla, Chief Business Officer, Maxvolt Energy. 

The company has developed proprietary technologies like Active Balancer, thermal management systems, and intelligent battery controls. Its Smart Lithium-Hybrid Inverter Series supports both lithium and lead batteries. 

Maxvolt is building a lithium battery recycling facility to reduce raw material imports and support circular economy goals. It is also expanding capacity to produce over 6,000 battery packs annually, with a new line planned for advanced ESS batteries. The company is exploring EV charger manufacturing and gearing up for exports, while R&D remains focused on enhancing battery density and affordability. 

Sector – Power 

Tag: Maxvolt 

Maxvolt Energy Industries has recorded Rs 1.07 billion in revenue for FY 2024–25, more than doubling its previous year’s earnings of Rs 48.37 crore. This marks the second consecutive year of 200 per cent-plus growth for the lithium battery technology company, underscoring its aggressive expansion strategy and growing role in India’s green energy ecosystem. The AIS 156-certified firm serves electric vehicles, energy storage systems (ESS), medical devices, and consumer electronics. Earlier this year, Maxvolt listed on the NSE Emerge platform, with its IPO being oversubscribed 3.3 times. The company also raised $1.5 million from venture capitalists and high-net-worth individuals. “Passing the Rs 1 billion figure endorses our commitment to technological innovation, sustainability, and operational excellence,” said Satendra Shukla, Chief Business Officer, Maxvolt Energy. The company has developed proprietary technologies like Active Balancer, thermal management systems, and intelligent battery controls. Its Smart Lithium-Hybrid Inverter Series supports both lithium and lead batteries. Maxvolt is building a lithium battery recycling facility to reduce raw material imports and support circular economy goals. It is also expanding capacity to produce over 6,000 battery packs annually, with a new line planned for advanced ESS batteries. The company is exploring EV charger manufacturing and gearing up for exports, while R&D remains focused on enhancing battery density and affordability. Sector – Power Tag: Maxvolt 

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement