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.

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