5
Max Alert Systems
534563 BSE
Max Alert Systems
Commodities BSE: 534563 Other Construction Materials
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
3- Company is almost debt free.
- Stock is trading at 0.37 times its book value
- Company has delivered good profit growth of 43.2% CAGR over last 5 years
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Earnings include an other income of Rs.3.43 Cr.
Growth Rate
Revenue Growth
60%
Net Income Growth
70% lower than
3Y
Quarterly Results
| Particulars | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.24 | 1.89 | 3.82 | 2.8 | 2.8 | 0 | 0 | 0 | 0 | 0 | 10.3 | 13.27 | 10.02 |
| Expenses | 8.78 | 1.68 | 5.13 | 6.08 | 6.08 | 0.07 | 0.23 | 0.05 | 0.2 | 0.25 | 9.51 | 12.12 | 8.75 |
| Operating Profit | 0.46 | 0.21 | -1.31 | -3.28 | -3.28 | -0.07 | -0.23 | -0.05 | -0.2 | -0.25 | 0.79 | 1.15 | 1.27 |
| OPM % | 4.98% | 11.11% | -34.29% | -117.14% | -117.14% | — | — | — | — | — | 7.67% | 8.67% | 12.67% |
| Other Income | -0.1 | 0.01 | 0.01 | 0.12 | 0.12 | 0 | 0 | 0 | -0.51 | -0.5 | 2.26 | 3.08 | 0.35 |
| Interest | 0 | 0.03 | -0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.37 | 0.15 | 0.15 | 0.13 | 0.13 | 0.05 | 0.05 | 0.04 | 0.04 | 0.09 | 0.04 | 0.03 | 0.24 |
| PBT | -0.01 | 0.04 | -1.42 | -3.29 | -3.29 | -0.12 | -0.28 | -0.09 | -0.75 | -0.84 | 3.01 | 4.2 | 1.38 |
| Tax % | 200% | 25% | 1.41% | 0% | 0% | 0% | 0% | 0% | -2.67% | 2.38% | 1% | 0% | 4.35% |
| Net Profit | -0.03 | 0.03 | -1.44 | -3.28 | -3.28 | -0.12 | -0.29 | -0.09 | -0.74 | -0.86 | 2.98 | 4.2 | 1.32 |
| EPS in Rs | -0.03 | 0.03 | -1.57 | -3.57 | -3.57 | -0.13 | -0.32 | -0.1 | -0.8 | -0.93 | 3.24 | 4.57 | 1.43 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 37.62 | 28.45 | 13.49 | 13.71 | 18.86 | 11.83 | 5.7 | 4.72 | 0 | 0 | 14.59 | 23.29 |
| Expenses | 35.47 | 27.57 | 12.61 | 14.62 | 18.37 | 11.32 | 6.78 | 23.04 | 0.3 | 0.25 | 13.51 | 20.88 |
| Operating Profit | 2.15 | 0.88 | 0.88 | -0.91 | 0.49 | 0.51 | -1.08 | -18.32 | -0.3 | -0.25 | 1.08 | 2.41 |
| OPM % | 5.72% | 3.09% | 6.52% | -6.64% | 2.6% | 4.31% | -18.95% | -388.14% | — | — | 7.4% | 10.35% |
| Other Income | -0.66 | 0.21 | 0.11 | 1.59 | 0.02 | -0.1 | 0.01 | -0.45 | 0 | -0.5 | 2.27 | 3.43 |
| Interest | 0.27 | 0.08 | 0.02 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1.75 | 1 | 0.74 | 0.58 | 0.46 | 0.37 | 0.31 | 0.19 | 0.11 | 0.09 | 0.07 | 0.27 |
| PBT | -0.53 | 0.01 | 0.23 | 0.09 | 0.05 | 0.04 | -1.38 | -18.96 | -0.41 | -0.84 | 3.28 | 5.57 |
| Tax % | -13.21% | -500% | 26.09% | 33.33% | 20% | 50% | -0.72% | 0% | 0% | -2.38% | 0.91% | 1.08% |
| Net Profit | -0.45 | 0.06 | 0.16 | 0.07 | 0.03 | 0.02 | -1.37 | -18.96 | -0.41 | -0.82 | 3.25 | 5.52 |
| EPS in Rs | -0.49 | 0.07 | 0.17 | 0.08 | 0.03 | 0.02 | -1.49 | -20.61 | -0.45 | -0.89 | 3.53 | 6 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.2 | 9.2 | 9.2 | 9.2 | 9.2 | 9.2 | 9.2 | 9.2 | 9.2 | 0.92 | 0.92 | 0.92 |
| Reserves | 5.05 | 5.11 | 5.27 | 5.34 | 5.37 | 5.39 | 4.02 | -14.94 | -15.35 | 0.25 | 4.56 | 10.08 |
| Borrowings | 9.78 | 8.49 | 7.89 | 3.46 | 2.05 | 2.05 | 2.05 | 1.88 | 1.88 | 0 | 0 | 0 |
| Other Liabilities | 4.11 | 3.27 | 3.65 | 4.34 | 12.38 | 14.5 | 7.54 | 6.15 | 5.76 | 0.08 | 1.01 | 1.12 |
| Total Liabilities | 28.14 | 26.07 | 26.01 | 22.34 | 29 | 31.14 | 22.81 | 2.29 | 1.49 | 1.25 | 6.49 | 12.12 |
| Fixed Assets | 9.77 | 4.72 | 4 | 2.52 | 2.06 | 1.69 | 1.38 | 0.6 | 0.49 | 0.4 | 0.33 | 2.44 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.01 | 0.01 | 0.55 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 18.36 | 21.34 | 21.46 | 19.81 | 26.93 | 29.44 | 21.42 | 1.69 | 1 | 0.85 | 6.16 | 9.68 |
| Total Assets | 28.14 | 26.07 | 26.01 | 22.34 | 29 | 31.14 | 22.81 | 2.29 | 1.49 | 1.25 | 6.49 | 12.12 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 3.49 | -3.02 | -0.86 | 3.23 | 1.04 | 0.03 | -0.02 | 0.19 | -0.68 | -6.38 | -2.1 | -2.38 |
| Investing | -2.46 | 4.05 | -0.56 | 0.94 | 0.02 | 0.02 | 0.01 | 0.75 | 0 | 6.51 | 2.27 | 1.06 |
| Financing | -0.3 | -0.52 | -0.6 | -3.76 | -1.41 | -0.01 | 0 | -0.17 | 0 | -0.24 | 1.06 | 0 |
| Net Cash Flow | 0.73 | 0.51 | -2.02 | 0.4 | -0.35 | 0.04 | 0 | 0.78 | -0.68 | -0.11 | 1.22 | -1.31 |
| Free Cash Flow | 1.03 | 1.03 | -0.88 | 4.15 | 1.04 | 0.03 | -0.02 | 0.19 | -0.68 | -6.38 | -2.1 | -4.75 |
| CFO/OP | 142 | -338 | -90 | -358 | 214 | 8 | 2 | -1 | 227 | 2,552 | -194 | -99 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 112 | 100 | 212 | 147 | 300 | 691 | 783 | 1.55 | — | — | 96.82 | 92.46 |
| Inventory Days | 2.9 | 8.65 | 55.54 | 53.25 | 34.02 | 92.02 | 187 | 0 | — | — | 0 | 0 |
| Days Payable | 34.27 | 42.65 | 140 | 79.26 | 252 | 532 | 517 | — | — | — | — | — |
| Cash Conversion Cycle | 80.98 | 66.46 | 128 | 121 | 82.31 | 251 | 452 | 1.55 | — | — | 96.82 | 92.46 |
| Working Capital Days | 39.49 | 198 | 464 | 387 | 271 | 442 | 850 | -452 | — | — | 83.31 | 127 |
| ROCE % | 1.65% | -0.43% | 1.11% | -7.28% | 0.29% | 0.96% | -8.65% | -321.65% | — | — | 98.65% | 67.6% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Max Alert Systems insights
56 extracted metrics + investor summaries across FY11–FY26.
Documents
2
Disclosure Of Voting Results Of 23Rd Annual General Meeting Pursuant To Regulation 44 Of
The SEBI (LODR)
Regulations, 2015 Along With CONSOLIDATED REPORT OF SCRUTINIZER ON REMOTE E-VOTING AND
ELECTRONIC VOTING AT THE ANNUAL GENERAL MEETING (AGM)
11 Sep - 23rd AGM resolutions passed on September 10, 2026; FY26 audited financials adopted and Amit Vengilat reappointed. 11 Sep - 23rd AGM resolutions passed on September 10, 2026; FY26 audited financials adopted and Amit Vengilat reappointed.
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
5 May - Company filed FY2025-26 initial disclosure, confirming it is not a large corporate. 5 May - Company filed FY2025-26 initial disclosure, confirming it is not a large corporate.
4
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulation, 2018 for the quarter and year ended March 31, 2026. 10 Apr - Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulation, 2018 for the quarter and year ended March 31, 2026.
5
Compliances-Reg.24(A)-Annual Secretarial Compliance
10 Apr - Company says Regulation 24A does not apply; annual secretarial compliance report not required. 10 Apr - Company says Regulation 24A does not apply; annual secretarial compliance report not required.
Frequently Asked Questions about Max Alert Systems
What does Max Alert Systems Ltd do?
Incorporated in 2004, Max Alert Systems Ltd. is in the field of designing & implementing industrial as well as domestic fire fighting systems and is a Turnkey Service Provider in the field of telecom infrastructure.
Where is Max Alert Systems Ltd (534563) listed?
Max Alert Systems Ltd trades under code 534563 on the BSE.
Which sector does Max Alert Systems Ltd belong to?
Max Alert Systems Ltd is classified under the Commodities sector, in the Other Construction Materials industry.
Company Information
Incorporated in 2004, Max Alert Systems Ltd. is in the field of designing & implementing industrial as well as domestic fire fighting systems and is a Turnkey Service Provider in the field of telecom infrastructure.
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