Maxgrow India
BSE: MAXGROW · Gems, Jewellery And Watches
Snapshot
Unlock Maxgrow India's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Maxgrow India is an enterprise operating within the gems, jewellery, and watches sector, focusing on wholesale trading and marketing. The company primarily sources and distributes agricultural commodities, gold, silver, and precious stones to meet domestic market demands. It manages its operations from Mumbai, Maharashtra, catering to a diverse B2B client base.
Business Model
The company generates revenue primarily through the wholesale trading and distribution of commodities, precious metals, and stones within the domestic market. It operates in the B2B segment, connecting suppliers with commercial clients.
Growth Outlook
Growth is tied to demand within the domestic gems, jewellery, and agricultural commodities trading markets. The company continues to maintain its public profile on the BSE while navigating the competitive landscape of the Indian wholesale trading sector.
Key Risks
- Commodity Price Volatility. Fluctuations in the market prices of gold, silver, precious stones, and agricultural commodities can significantly impact profit margins.
- Competitive Wholesale Landscape. The company operates in a highly competitive trading sector with numerous domestic market participants, which may exert pressure on pricing.
- Regulatory and Compliance Risk. Changes in government policies, import duties, and taxation regarding precious metals and agricultural goods could adversely affect operations.
Start your research today
Unlock AI insights, financials, peers and live data on Maxgrow India and 5,000+ companies — free.
Peers · Gems, Jewellery And Watches
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Maxgrow IndiaMAXGROW | ₹695 Cr | — | — | — | — | — | — | +928.6% |
Radhika JeweltecRADHIKAJWE | ₹849 Cr | 10.23 | 8.12 | 16.7% | 16.0% | 22.0% | 29.6% | -23.6% |
SJ CorpSJCORP | ₹824 Cr | — | — | 115.1% | 1.6% | 1.6% | 1.3% | — |
RBZ Jewellers LimitedRBZJEWEL | ₹712 Cr | 13.87 | 8.75 | 30.3% | 14.3% | 20.8% | 30.5% | +47.7% |
PNGS Gargi Fashion Jewellery LimitedGARGI | ₹650 Cr | — | — | — | 27.0% | — | — | -30.8% |
Uday Jewellery Industries LimitedUDAYJEW | ₹517 Cr | 21.15 | 13.12 | 91.5% | 7.5% | 22.9% | 31.5% | +2.0% |
As of Mar 2026
Financials
Maxgrow India
BSE: MAXGROW · Gems, Jewellery And Watches
Snapshot
Unlock Maxgrow India's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Maxgrow India is an enterprise operating within the gems, jewellery, and watches sector, focusing on wholesale trading and marketing. The company primarily sources and distributes agricultural commodities, gold, silver, and precious stones to meet domestic market demands. It manages its operations from Mumbai, Maharashtra, catering to a diverse B2B client base.
Business Model
The company generates revenue primarily through the wholesale trading and distribution of commodities, precious metals, and stones within the domestic market. It operates in the B2B segment, connecting suppliers with commercial clients.
Growth Outlook
Growth is tied to demand within the domestic gems, jewellery, and agricultural commodities trading markets. The company continues to maintain its public profile on the BSE while navigating the competitive landscape of the Indian wholesale trading sector.
Key Risks
- Commodity Price Volatility. Fluctuations in the market prices of gold, silver, precious stones, and agricultural commodities can significantly impact profit margins.
- Competitive Wholesale Landscape. The company operates in a highly competitive trading sector with numerous domestic market participants, which may exert pressure on pricing.
- Regulatory and Compliance Risk. Changes in government policies, import duties, and taxation regarding precious metals and agricultural goods could adversely affect operations.
Start your research today
Unlock AI insights, financials, peers and live data on Maxgrow India and 5,000+ companies — free.
Peers · Gems, Jewellery And Watches
As of Mar 2026