Maverick Simulation Solutions Ltd - Unlisted Shares
Fundamentals
- Current Price
- ₹2,630
- Market Cap
- ₹1,292.34 Cr
- ISIN
- INE1BEQ01014
- Face Value
- ₹10
- P/E Ratio
- 27.02
- EPS
- 97.32
- P/B Ratio
- 13.32
- Book Value
- 197.40
- Debt / Equity Ratio
- 0.23
Key Financials
Profit & Loss
| Metric | FY2025 | FY2024 |
|---|---|---|
| Revenue from Operations | 136.31 | 14.22 |
| Growth % | 858.41% | - |
| Operating Expenses | 74.69 | 13.0 |
| Growth % | 473.93% | - |
| Operating Profit | 61.62 | 1.21 |
| Operating Profit Margin % | 45.21% | 8.50% |
| Other Income | 2.56 | 0.23 |
| Finance Costs | 2.84 | 0.15 |
| Depreciation | 0.03 | 0.02 |
| Profit Before Tax | 61.31 | 1.26 |
| Tax | 13.49 | 0.32 |
| Tax % | 22.00% | 25.26% |
| Profit After Tax | 47.82 | 0.95 |
| Growth % | 4958.81% | - |
| PAT % | 35.08% | 6.65% |
| Diluted EPS | 97.32 | 3.95 |
Company Financials
| Metric | FY2025 | FY2024 |
|---|---|---|
| Equity Capital | 4.76 | 4.76 |
| Reserves | 92.24 | 20.81 |
| Total Equity | 97.00 | 25.56 |
| Borrowings | 11.01 | 0.00 |
| Provision | 0.06 | 0.00 |
| Other Non-Current Liabilities | 0.00 | 0.00 |
| Total Non current Liabilities | 11.07 | 0.00 |
| Borrowings | 12.02 | 7.85 |
| Other Current Liabilities | 43.36 | 53.76 |
| Total current Liabilities | 55.37 | 61.61 |
| Equity + Liabilities | 163.45 | 87.17 |
| Fixed Assets (incl. WIP) | 5.54 | 0.47 |
| Other Non Current Assets | 2.02 | 8.36 |
| Total Non current Assets | 7.56 | 8.83 |
| Trade Receivables | 7.24 | 5.13 |
| Cash & Cash Equivalents | 8.41 | 4.64 |
| Other Current Assets | 140.23 | 68.57 |
| Total current Assets | 155.89 | 78.34 |
| Total Assets | 163.45 | 87.17 |
Shareholding Pattern
- Anuj Chahal
- 78.65%%
- Kanika Chahal
- 0.09%%
- Samir Gupta
- 1.25%%
- Others
- 20.01%%
Strengths & Weaknesses
Strengths
- Proprietary & Patented Products: Flagship simulators like LuSi, TestChest, and the Complete Ophthalmology Suite are patented and proprietary. It also has 8 granted patents and 15 more in process, showing that the IP moat is actively deepening.
- Global Swiss Subsidiary: It has 100% ownership of Organis GmbH (Switzerland), makers of the world's only autonomous human lung simulator, giving Maverick a hard-to-replicate international asset that elevates its credibility well beyond the Indian market.
- Marquee Clientele: With installations across multiple AIIMS campuses, IIT Madras, and state government colleges in Maharashtra and Odisha it creates a strong sales model with India's most trusted healthcare institutions.
- Profitable Revenue Growth: Revenue has increased 858% from ₹14Cr in FY24 to ₹136Cr in FY25 with PAT growing in step reflecting not just top-line momentum but also improving unit economics.
Weaknesses
- Revenue Concentration: The customer base, while prestigious, is heavily concentrated in government institutions making revenue vulnerable to budget cycles, tender delays, and policy shifts.
About Maverick Simulation Solutions Ltd
Maverick Simulation Solutions is an Indian company that builds training simulators for doctors, nurses, and medical students. These simulators allow healthcare professionals to practice medical procedures on realistic models before treating real patients, helping them improve their skills safely.
Board of Directors
- Anuj Chahal - Founder and Managing Director
- Kanika Chahal - Co-Founder and Director
- Sunil Tomar - Director
Frequently Asked Questions
- Is there any lock in period for Maverick Simulation Solutions Ltd ?
- The lock-in period for Maverick Simulation Solutions Ltd Unlisted Shares differs based on the investor category, as per SEBI regulations:
●Venture Capital Funds and Foreign Venture Capital Investors (FVCIs): A lock-in period of 6 months from the date of acquisition of the shares.
●Alternative Investment Funds – Category II (AIF-II): No lock-in period is applicable.
●Other investors (including retail investors, high net-worth individuals (HNIs), and body corporates): A lock-in period of 6 months from the date of IPO listing of Maverick Simulation Solutions Ltd.
These norms were introduced by SEBI in August 2021, reducing the earlier lock-in requirement from one year to six months. The change was aimed at improving liquidity and encouraging investor participation in companies preparing for public listings. Since then, interest in pre-IPO investments has increased, with investors exploring opportunities to participate in companies ahead of their potential listing. - How much long term capital gains tax do I have to pay on Maverick Simulation Solutions Ltd ?
- Long-Term Capital Gains (LTCG) on Unlisted Shares in India arise when such shares are sold after being held for a period of more than two years. The key aspects of LTCG taxation on Maverick Simulation Solutions Ltd unlisted shares are outlined below:
1. Tax Rate
Earlier, LTCG on unlisted shares was taxed at 20% with indexation benefits. However, as per Union Budget 2024, the tax structure has been revised. For transfers made on or after 23rd July 2024, LTCG on unlisted shares is taxed at a flat rate of 12.5%.
2. Indexation Benefit
Previously, investors could avail indexation benefits to adjust the purchase price for inflation, thereby reducing taxable gains. This indexation benefit has been removed under Budget 2024 for unlisted shares transferred on or after 23rd July 2024
. 3. Importance for Investors
Understanding LTCG taxation is important for both retail investors and High Net-Worth Individuals (HNIs), as it directly impacts investment returns, exit planning, and overall tax strategy.
4. Calculation Method
For eligible transactions after 23rd July 2024, LTCG will be calculated at a flat tax rate of 12.5% on the capital gains, without indexation.
5. Applicability
LTCG tax is applicable when unlisted shares are held for more than 24 months before being sold.
6. Relevance
These tax provisions are particularly relevant for investors in the unlisted share market who are considering exiting their investments after a long-term holding period. - How do I start investing in Maverick Simulation Solutions Ltd unlisted shares through InCred Money?
- Buying Maverick Simulation Solutions LtdLtdUnlisted Shares on InCred Money is quick, seamless, and fully digital.
Step 1: Create Your Account
Sign up using your mobile number and email ID. Complete your KYC by submitting your PAN, Aadhaar, bank account, and demat account details. Once submitted, your KYC is reviewed and approved.
Step 2: Select & Buy Shares Browse and select Maverick Simulation Solutions LtdLtdfrom our Unlisted Shares list and place your order.
Step 3: Share Transfer Based on the settlement period for the shares noted on the platform, the purchased shares are transferred and reflected in both your InCred Money portfolio and your demat account. - What documents are needed to invest in Maverick Simulation Solutions Ltd unlisted shares?
- To invest in Maverick Simulation Solutions LtdLtdUnlisted Shares on InCred Money, you need to complete your The lock-in period for Maverick Simulation Solutions Ltd Unlisted Shares differs based on the investor category, as per SEBI regulations:
●Venture Capital Funds and Foreign Venture Capital Investors (FVCIs): A lock-in period of 6 months from the date of acquisition of the shares.
●Alternative Investment Funds – Category II (AIF-II): No lock-in period is applicable.
●Other investors (including retail investors, high net-worth individuals (HNIs), and body corporates): A lock-in period of 6 months from the date of IPO listing of Maverick Simulation Solutions Ltd.
These norms were introduced by SEBI in August 2021, reducing the earlier lock-in requirement from one year to six months. The change was aimed at improving liquidity and encouraging investor participation in companies preparing for public listings. Since then, interest in pre-IPO investments has increased, with investors exploring opportunities to participate in companies ahead of their potential listing.KYC verification by submitting the following documents:
●PAN Card
●Aadhaar Card
●Bank account details
●Demat account details
Once your KYC is successfully completed and approved, you can start investing in unlisted shares on the platform.