About Maxwell Energy Systems Private Limited
Maxwell Energy Systems Private Limited is a Private Limited Company and was incorporated on Aug 23, 2017 in India. It is registered at Registrar of Companies, ROC Pune. Its registered address is S. No. 218, Solitaire Office No. 5, Kalyani Nagar, Yerwada, Pune, Pune City, Maharashtra, India, 411006. Its corporate identification number is (CIN) U72900PN2017PTC243326 and its current status is Active. Its industry classification as per MCA is other Computer Related Activities [For Example Maintenance Of Websites Of Other Firms/ Creation Of Multimedia Presentations For Other Firms Etc.]. It had a team size of 100 employees as on Aug 01, 2025.
Maxwell Energy Systems Private Limited's last Annual General Meeting (AGM) was held on Sep 15, 2025 as per records from Ministry of Corporate Affairs (MCA). Maxwell Energy Systems Private Limited's authorised share capital is ₹5L and its paid up capital is ₹1.37L. The current board of directors of Maxwell Energy Systems Private Limited comprises Sunil Vitthalrao Kolhe, Jignesh Gandhi and 1 more.
Maxwell Energy Systems Private Limited generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025.
Key Metrics
CIN
U72900PN2017PTC243326
Location
Current Status
Active
Entity Type
Private Limited Company
Date Of Incorporation
Aug 23, 2017
Company Age
9 Years 1 Month
Registrar of Companies
ROC - Pune
Last AGM Date
Sep 15, 2025
Latest Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Latest Employee Count
100 as on Aug 01, 2025
Authorized Capital
₹5L
Paid Up Capital
₹1.37L
Contact Details for Maxwell Energy Systems Private Limited
- *****@ionenergy.co, *****@maxwellenergy.co
- Registered Address
- S. No. 218, Solitaire Office No. 5, Kalyani Nagar, Yerwada, Pune, Pune City, Maharashtra, India, 411006
Brands associated with Maxwell Energy Systems Private Limited
There are 2 brands associated with Maxwell Energy Systems Private Limited which includes ION Energy and Maxwell Energy Systems .
Name | Short Description | Founded Year | Location | Current Stage |
|---|---|---|---|---|
Developer of battery intelligence platform for utility-scale energy storage systems | 2016 | Seed | ||
Developer of battery management systems for electric vehicles | 2016 | Acquired |
Principal Business Activity of Maxwell Energy Systems Private Limited
The majority of Maxwell Energy Systems Private Limited's turnover comes from Professional, scientific and technical activities.
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | {xc |
Auditor Details of Maxwell Energy Systems Private Limited
Here is the list of auditors of Maxwell Energy Systems Private Limited:
Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
S R B C & CO LLP | tcwmrpd | vuuldae | ayqxdjf |
Documents of Maxwell Energy Systems Private LimitedFY 25 Available15 mins
15 minsFiling Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 24-25 | FY 23-24 | FY 22-23 | FY 21-22 | FY 20-21 |
|---|---|---|---|---|---|
Financial Statements | |||||
Annual Returns |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
Optional attachment(s)- if any | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
List of share holders, debenture holders; | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
Details of shares_Debentures Transfers | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
Form MGT-7 | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
Photograph of the registered office of the Company showing external building and name prominently visible | Annual Returns and Balance Sheet eForms | Jan 14, 2026 |
Form MSME | Other eForm Documents | Oct 23, 2025 |
Form AOC-4(XBRL) | Annual Returns and Balance Sheet eForms | Oct 14, 2025 |
To access all company documents and filings with a single purchase, Buy Financials and Company Filings FY 25 Available15 mins
Financials of Maxwell Energy Systems Private LimitedFY 25 Available15 mins
Maxwell Energy Systems Private Limited generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of Maxwell Energy Systems Private Limited has a compounded annual growth rate (CAGR) of 11% in the last 1 year.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 5532 | 7625 | 8681 | 1398 | 2673 |
Total Sales | 1436 | 3514 | 2754 | 1688 | 7326 |
Total Expenses | 8927 | 4064 | 1972 | 7257 | 4719 |
Operating Expenses | 6925 | 3903 | 7869 | 3774 | 9528 |
Employee Expenses | 7408 | 3762 | 3268 | 6563 | 5084 |
Marketing Expenses | 7727 | 6850 | 8793 | 2339 | 7249 |
Operating Income (EBIT) | 5177 | 9745 | 1517 | 3174 | 2723 |
Interest Expenses | 8555 | 1718 | 5293 | 8444 | 2986 |
Expenses from other activities | 7045 | 7952 | 3597 | 8600 | 1927 |
Information Technology Expenses | 9127 | 4961 | 8603 | 5968 | 5665 |
EBITDA | 8131 | 3583 | 3196 | 3497 | 7812 |
Taxes | 7270 | 6409 | 5858 | 4930 | 6726 |
Net Profit | 3676 | 4014 | 7547 | 1689 | 6067 |
Balance Sheet | |||||
Assets | 8163 | 3407 | 7910 | 1371 | 7001 |
Cash Equivalent | 3222 | 9337 | 1566 | 4993 | 4416 |
Accounts Receivables | 2232 | 3936 | 5395 | 4016 | 9378 |
Inventory | 1525 | 6721 | 3079 | 1506 | 7244 |
Liabilities | 9381 | 8452 | 7822 | 2516 | 4478 |
Total Debt | 6366 | 5751 | 4634 | 1433 | 4947 |
Accounts Payable | 6109 | 6742 | 6072 | 8434 | 7695 |
Equities | 6540 | 4703 | 9524 | 1800 | 2440 |
Cashflow Statement | |||||
Cash from Operating activities | 9884 | 9866 | 9162 | 3887 | 8884 |
Cash from Investing activities | 1602 | 8400 | 3401 | 1738 | 2148 |
Net cash from Financing activities | 9651 | 3986 | 6538 | 4468 | 4590 |
To access detailed financial performance and data, Buy Financial Report FY 25 Available15 mins
Limited-Time Offer: $1.08, instead of the $2.99. Prices exclude GST.
Ratios
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Profitability Ratios | |||||
EBITDA Margin | 7102 | 6950 | 6758 | 5142 | 8319 |
EBIT Margin | 6120 | 7613 | 2266 | 4723 | 7963 |
Net Profit Margin | 1837 | 8690 | 6813 | 2359 | 5412 |
Return on Assets (ROA) | 1007 | 6993 | 6801 | 8955 | 2003 |
Return on Equity (ROE) | 8141 | 3058 | 2430 | 7146 | 2434 |
Return on Capital Employed | 1522 | 6311 | 3806 | 3186 | 7429 |
Return on Invested Capital | 3231 | 7120 | 7372 | 7567 | 3876 |
Efficiency Ratios | |||||
Asset Turnover | 4118 | 5028 | 1493 | 8985 | 2804 |
Receivables Turnover | 9317 | 5675 | 8573 | 9460 | 4925 |
Days Sales Outstanding | 9080 | 2013 | 1122 | 9319 | 2495 |
Inventory Turnover | 1610 | 9300 | 6983 | 4671 | 5006 |
Days Inventory Outstanding | 6382 | 4978 | 8655 | 2055 | 7893 |
Payables Turnover | 2135 | 9269 | 7336 | 8278 | 3466 |
Days Payables Outstanding | 4922 | 7330 | 4284 | 5114 | 7917 |
Liquidity Ratios | |||||
Current Ratio | 3824 | 8449 | 7668 | 4662 | 3169 |
Quick Ratio | 1095 | 9799 | 1950 | 2801 | 2651 |
Cash Ratio | 2460 | 9785 | 7769 | 9703 | 3454 |
Coverage Ratios | |||||
Cash Flow Coverage Ratio | 8337 | 7295 | 4094 | 6578 | 9041 |
Debt Ratios | |||||
Debt-to-Equity Ratio | 4575 | 8630 | 1691 | 1323 | 9098 |
Debt Ratio | 7980 | 4390 | 4846 | 6537 | 5886 |
Net Debt | 1080 | 4836 | 4007 | 8620 | 7766 |
Interest Coverage Ratio | 7481 | 4809 | 2150 | 8289 | 6473 |
Debt Service Coverage Ratio | 1514 | 2037 | 6125 | 1014 | 3495 |
Net Debt/EBITDA | 2359 | 5507 | 5363 | 4134 | 7181 |
Growth Ratios | |||||
Revenue Growth Rate (CAGR) | 7774 | 7950 | 4723 | 2424 | 1650 |
Earnings Growth Rate (CAGR) | 8717 | 2586 | 4689 | 2050 | 1548 |
To access detailed financial performance and data, Buy Financial Report FY 25 Available15 mins
Limited-Time Offer: $1.08, instead of the $2.99. Prices exclude GST.
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Gain deeper financial insights
of this entity
of this entity
15 mins
Download Sample ReportLimited-Time Offer: $1.08, instead of the $2.99. Prices exclude GST.
Compounded Annual Growth Rate of Maxwell Energy Systems Private Limited
Revenue CAGR | Growth |
|---|---|
1 Year | 11% |
3 Year | 838 |
5 Year | 636 |
EBITDA CAGR | Growth |
|---|---|
1 Year | 43% |
3 Year | 126 |
5 Year | 176 |
MSME Payment Delays by Maxwell Energy Systems Private Limited
There are 1 delayed MSME payments recorded for Maxwell Energy Systems Private Limited during Apr 2025 - Sep 2025.
Here are the details of MSME payment delays for this period:
Supplier Name | Supplier PAN | Amount Due | Due since |
|---|---|---|---|
CHOWDAPPA VASU REDDY (HUF) | 8042 | 6308 | 3513 |
To access detailed supplier-wise and period-wise MSME payment delay information, Buy Detailed Report
Loans and Charges on Maxwell Energy Systems Private Limited
Maxwell Energy Systems Private Limited
has taken 1 loan.
Here is a list of loans and charges on Maxwell Energy Systems Private Limited:
As a Borrower
Loan/ Charge ID | Lender Name | Loan Amount | Status | Creation Date | Closure Date |
|---|---|---|---|---|---|
100935574 | ₹15Cr | qqfqaul | May 28, 2024 | wauq{vg |
To access detailed information on a company’s loans, borrowings, & registered charges, Buy Detailed Report
GSTIN Details of Maxwell Energy Systems Private Limited
Board of Directors and Signatories of Maxwell Energy Systems Private Limited
Board of Directors of Maxwell Energy Systems Private Limited
Here is the list of current board of directors of Maxwell Energy Systems Private Limited:
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Jul 01, 2022 | 4 Years 2 Months | |
Director | Current | Jul 01, 2022 | 4 Years 2 Months | |
Director | Current | Aug 19, 2023 | 3 Years 1 Month |
To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report
Signatories of Maxwell Energy Systems Private Limited
Here is the list of current signatories of Maxwell Energy Systems Private Limited:
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | Jul 01, 2022 | 4 Years 2 Months | |
Director | Current | Jul 01, 2022 | 4 Years 2 Months | |
Director | Current | Aug 19, 2023 | 3 Years 1 Month | |
CEO | Current | Nov 18, 2024 | 1 Year 10 Months | |
Company Secretary | Current | Nov 18, 2024 | 1 Year 10 Months |
To access detailed information on a company’s board members, directors, & authorized signatories, Buy Detailed Report
Legal Cases involving Maxwell Energy Systems Private Limited
Employee Count of Maxwell Energy Systems Private Limited
Maxwell Energy Systems Private Limited has an employee count of 100 as on Aug 01, 2025.
Date | Employee Count |
|---|---|
Aug 25 | 100 |
Jul 25 | 839 |
Jun 25 | 189 |
May 25 | 436 |
Apr 25 | 767 |
Mar 25 | 500 |
Feb 25 | 100 |
Competitors & Alternates of Maxwell Energy Systems Private Limited
There are two brands associated with Maxwell Energy Systems Private Limited, namely ION Energy and Maxwell Energy Systems. Here is the list of the Top 10 competitors of ION Energy ranked by Tracxn score:
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ION Energy 2016, Mumbai (India), Seed | Developer of battery intelligence platform for utility-scale energy storage systems | $6.16M | 42/100 | |
2nd |  ThinkClock 2021, Sunbury on Thames (United Kingdom), Funding Raised | Provider of battery prototyping, characterization, and health analytics services | - | 30/100 | |
3rd | Digital twin platform offering analytics and battery science solution | - | 30/100 | ||
4th | Re-Twin Energy 2025, Berlin (Germany), Seed | Provider of energy storage analytics platform for optimizing asset profitability | $2M | 28/100 | |
5th |  ActionFlux Unfunded | Developer of physics-grounded battery intelligence platform for battery lifecycle management | - | - | 24/100 |
6th | Provider of advanced battery intelligence and digital twin technology for energy systems | - | - | 16/100 |
To view the full list of competitors of ION Energy and the other associated brands, Buy Detailed Report
News related to Maxwell Energy Systems Private Limited
•
•
Hero Electric enters into long-term partnership with Maxwell for BMSHero Electric•Jan 30, 2023•Hero Electric, Maxwell Energy Systems
•
Hero Electric partners with Maxwell for battery management systemsBusiness Standard•Jan 23, 2023•Hero Electric, Maxwell Energy Systems
•
•
Endurance Tech acquires 51% in Maxwell Energy SystemsMoneycontrol•Jul 01, 2022•Endurance Technologies, ION Energy, Maxwell Energy Systems
•
Endurance Tech forays into EV batteries management systemsTimes Now News•Jun 07, 2022•Endurance Technologies, ION Energy
•
•
Endurance Technologies’ Acquisition of Maxwell Energy SystemsGlobal Legal Chronicle•May 19, 2022•Endurance Technologies, ION Energy
•
ION Energy completes exploration program at its Baavhai Uul lithium salar project in MongoliaProactive Investors•Jul 15, 2021•ION Energy, ION Energy
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!FAQs about Maxwell Energy Systems Private Limited
Explore our recently published Legal Entities
