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220.002 days ago
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Maxvolt Energy India Us Ltd Stock performance
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KEY OBSERVATIONS

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noteAnnual Revenue,rose 250.52%, in the last year to ₹48.79 Cr. Its sector's average revenue growth for the last fiscal year was 22.04%.
noteAnnual Net Profit,rose 1,768.11% in the last year to ₹5.21 Cr. Its sector's average net profit growth for the last fiscal year was 13.43%.
notePrice to Earning Ratio,is 47.7, lower than its sector PE ratio of 54.78.
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Maxvolt Energy Industries was originally incorporated on May 09, 2019 under the name ‘Maxvolt Energy Industries Private Limited’ under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of the company was changed to public limited Company and the name of the company was changed to ‘Maxvolt Energy Industries Limited’ vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the company held on June 18, 2024. The fresh certificate of incorporation consequent to conversion was issued on August 27, 2024 by the Centralised Processing Centre.Established in the year 2019, the company is primarily engaged in the business of manufacturing of lithium-ion batteries of various range supplied through a diversified sales distribution mix viz. authorised dealers and distributors and OEMs under its brand name of ‘MaxVolt Energy’ widely used in Electric Vehicles (i.e., E-Scooter, E- Rickshaw, ECycle), Energy Storage and Electronics Gadgets etc. It also manufactures customised batteries packs as per the requirement of manufacturers of different industries. In addition to manufacturing, it is supplier of Graphene Battery packs and Battery Chargers designed and developed by the company in its own brand name. It designates some of dealers and distributors as service centres. These service centers help the company to provide fast and hassle-free service to its dealers and end customers.Its manufacturing facility is equipped with requisite infrastructure including machinery, other handling equipment to facilitate smooth manufacturing process and easy logistics. It endeavors to maintain safety in its premises by adhering to key safety norms. Further, its factory is equipped with all testing facilities required to ensure that all products meet all the standards and specifications. Its manufacturing process is integrated from procurement of raw materials to final testing. It has in-house testing facility to test its raw materials to match the quality standards.Business area of the companyThe company is engaged in the business of manufacturing of lithium-ion batteries.Products of the companyE-scooter / bike batteryE- rickshaw batteryE- cycle batteryBattery for energy storageBattery for electronic gadgetsLead e-scooter batteryLithium Battery ChargerLead Battery ChargerHistory and milestones2019: Incorporation of the company as private limited company under the name ‘Maxvolt Energy Industries Private Limited’.2019: Registration under GST.2019: Importer-Exporter Code (IEC) is issued by DGFT.2020: Shifted its manufacturing facilities at Gautam Buddha Nagar, Uttar Pradesh.2021: Shifted its manufacturing facilities at H-192, Sector 63, Noida, Gautam Buddha Nagar, Uttar Pradesh.2021: Participated in Ride Asia Expo 2021 at New Delhi.2021: ISO 9001:2015 in accordance with the requirements of Quality Management System.2022: Participated in 3rd International Green Vehicle Expo 2022 at Bangalore.2023: Participated in EV Expo 2023 at Delhi.2024: Got License to work as Factory2024: Shifted its manufacturing facilities at Ghaziabad, Uttar Pradesh.2024: Conversion of the Company from Private Limited Company to Public Limited Company i.e., Maxvolt Energy Industries Private Limited to ‘Maxvolt Energy Industries Limited’.
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