What we do Maks Energy Solutions India Ltd designs and assembles diesel generator sets for domestic and international markets, including commercial vehicle spare parts distribution. |
Founded in 2,010 |
Market share Active in Maharashtra and several Indian states with exports to Middle East, Southeast Asia, and Africa, growing steadily. |
Problem solved Provides reliable power solutions to industries facing power interruptions, supporting infrastructure and industrial growth. |
Top clients or who we serve Serves industrial, commercial, residential sectors plus government transport bodies like MSRTC and PMPML; B2B focus. |
Key management Sourabh Mahendra Shaw (Managing Director), Mahendra Madhairam Shaw (Whole-time Director). |
Our journey and innovations Started in 2010, added assembly unit in 2013, entered exports in 2014, JV in Nigeria in 2018, expanded to commercial vehicle spares in 2019. |
Where we operate India (Maharashtra, Delhi, Karnataka, Telangana, Punjab, Jharkhand) and export markets in Middle East, Southeast Asia, and Africa. |
Top products or what we offer Diesel generating sets assembled from OEM diesel engines and peripherals; Tata commercial vehicle spare parts distribution. |
Top brands Maks-branded DG sets and Tata spare parts distribution. |
Raw materials needed Diesel engines, alternators, control panels, fuel tanks, enclosures, and related electrical components sourced locally and from OEMs. |
Raw materials supplier OEM partners for engines; various suppliers for peripheral components. |
Recurring vs cyclical contribution Predominantly project-based sales with recurring spare parts and maintenance revenue streams. |
Our industry position Niche assembler and distributor with growing presence domestically and in select export markets. |
Financial highlights FY 2024-25 revenue Rs. 66.75 crores; net profit Rs. 55.16 lakhs; EPS improved to Rs. 0.80. |
Geographical revenue split Major revenue from Maharashtra, exports mainly to Middle East, Southeast Asia, Africa. |
Order book - |
Whats driving growth Infrastructure growth, industrial demand, government transport contracts, expansion into new sectors like agriculture and healthcare. |
Our future plans Focus on expanding export markets, broadening product portfolio including agriculture and healthcare sectors. |
Our green promise - |
Our people and values Committed to employee development, ethical governance, and inclusive workplace culture. |
Key challenges ahead Managing aged receivables and vendor advances, expanding operational scale sustainably. |
Interesting facts First Indian company to form JV in Nigeria for assembly and marketing of DG sets. |
Risks and strategy Proactively managing financial recoveries and enhancing internal controls to mitigate credit and operational risks. |
