Maximus International’s Momentum Continues: Strategic Investments Fuel 26 Percent EBITDA Growth

Business

New Delhi [India], May 30: Update on Fundraising-  The company confirms that proceeds from earlier fundraising activities have been effectively utilized as disclosed in the financial statements.

Figures in Million

Financial Synopsis: 

ParticularFY25FY24Change %
Revenue1,568.51,088.344%
EBIDTA151.9120.726%
PBT103.484.323%
PAT9179.914%
Debt-to-Equity Ratio0.650.66-3%

 

 

 

 

 

 

Update on Financial Performance

Quarter-on-Quarter Highlights (Q4 FY25 vs Q3 FY25):

  • Revenue increased by 22% QoQ to INR 448.8 Mn, driven by strong demand and strategic market expansion.
  • PAT stood at a solid INR 20.3 Mn, continuing to reflect strong underlying profitability.
  • Leverage Improvement: The Debt-to-Equity ratio improved from 0.73× to 0.65× on a QoQ basis, underscoring our proactive capital-structure optimization.
  • Healthy Interest Coverage: An Interest Service Coverage Ratio of 4.01× demonstrates strong earnings capability and effective debt servicing.
  • Stable Finance Costs: Finance costs held steady at roughly INR 8.4 Mn, despite higher operational activity—indicating stable borrowing levels and favourable funding terms.

Annual Performance (FY25 vs FY24):

  • Revenue surged 44% YoY to INR 1,568.5 Mn, marking another milestone in the company’s growth journey backed by robust demand across core verticals.
  • EBITDA improved to INR 151.9 Mn, a YoY growth of 26%, powered by scale efficiencies and tight cost controls.
  • PBT grew 23% YoY to INR 103.4 Mn, while PAT rose 14% to INR 91.0 Mn, both reinforcing sustained profitability.
  • Consistent Capital Efficiency: The Debt-to-Equity ratio remained comfortably low at 0.65×, reflecting a strong and balanced financial position.
  • Accelerated Capacity Investments: Capital Work-in-Progress jumped from INR 8.3 Mn to INR 46.65 Mn, underscoring ongoing investments in our corporate office and expanded manufacturing facilities to support growth.
  • Operating Cash-Flow Resilience: Operating cash outflow of INR 145.7 Mn reflects a higher investment in working capital to support growth (vs INR 81.8 Mn last year) but is underpinned by a stronger pre-WC cash generation of INR 164.5 Mn.