Maximus International Posts Strong Q2 and H1FY26 Growth

14 Nov 2025 CW Team

Quarter-on-Quarter Performance (September 2025 vs June 2025) Revenue for the quarter increased by 16 per cent to Rs 2.46 billion from Rs 3.40 billion in the previous quarter, supported by higher volumes and improved realisations. EBITDA rose 24 per cent to Rs 248.2 million, driven by operational efficiencies and disciplined cost management.

Profit before tax increased 32 per cent to Rs 328 million, while profit after tax rose 20 per cent to Rs 227.9 million. The Interest Service Coverage Ratio improved to 4.74 times, indicating stronger debt-servicing capability. The debt–equity ratio remained stable at 0.68, reflecting a healthy capital structure.

Year-on-Year Comparison (September 2025 vs September 2024) On a year-on-year basis, revenue grew 28 per cent, while EBITDA increased 25 per cent due to sustained cost optimisation and scale benefits. PBT and PAT rose 27 per cent and 30 per cent respectively, demonstrating continued operational strength and efficient resource utilisation.

Half-Yearly Performance (H1 FY26 vs H1 FY25) For the half year ended 30 September 2025, revenue grew 14 per cent to Rs 2.85 billion from Rs 2.75 billion in the previous year. EBITDA increased 19 per cent to Rs 286.9 million, while PAT rose 20 per cent to Rs 251.2 million, underscoring solid operational execution and financial discipline. The debt–equity ratio remained unchanged at 0.68.

Maximus International Limited (BSE: 540401) manufactures, trades and exports lubricants, base oils and petroleum-based products for industrial and automotive applications across global markets. The company remains committed to innovation, quality and sustainable long-term growth.

Maximus International Limited, a leading manufacturer and exporter of speciality lubricants and petroleum products, has announced its limitedly reviewed financial results for the quarter and half year ended 30 September 2025, reporting strong growth across revenue, profitability and key financial indicators. Quarter-on-Quarter Performance (September 2025 vs June 2025) Revenue for the quarter increased by 16 per cent to Rs 2.46 billion from Rs 3.40 billion in the previous quarter, supported by higher volumes and improved realisations. EBITDA rose 24 per cent to Rs 248.2 million, driven by operational efficiencies and disciplined cost management. Profit before tax increased 32 per cent to Rs 328 million, while profit after tax rose 20 per cent to Rs 227.9 million. The Interest Service Coverage Ratio improved to 4.74 times, indicating stronger debt-servicing capability. The debt–equity ratio remained stable at 0.68, reflecting a healthy capital structure. Year-on-Year Comparison (September 2025 vs September 2024) On a year-on-year basis, revenue grew 28 per cent, while EBITDA increased 25 per cent due to sustained cost optimisation and scale benefits. PBT and PAT rose 27 per cent and 30 per cent respectively, demonstrating continued operational strength and efficient resource utilisation. Half-Yearly Performance (H1 FY26 vs H1 FY25) For the half year ended 30 September 2025, revenue grew 14 per cent to Rs 2.85 billion from Rs 2.75 billion in the previous year. EBITDA increased 19 per cent to Rs 286.9 million, while PAT rose 20 per cent to Rs 251.2 million, underscoring solid operational execution and financial discipline. The debt–equity ratio remained unchanged at 0.68. Maximus International Limited (BSE: 540401) manufactures, trades and exports lubricants, base oils and petroleum-based products for industrial and automotive applications across global markets. The company remains committed to innovation, quality and sustainable long-term growth.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

Infrastructure Transport

05 Dec 2025

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

Infrastructure Urban

05 Dec 2025

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..