Maharaja & Speedex India Limited has made a regulatory disclosure pursuant to Regulation 30 read with Para B(3) of Part A of Schedule III of the SEBI Listing Regulations regarding an expansion of its manufacturing capacity.

The company has added 9 lakh units to its annual manufacturing capacity, funded entirely from internal accruals. This brings the total installed capacity to 72 lakh units per year. The capacity increase has raised the monthly revenue run-rate to approximately ₹16 crore.

Capacity Build-up Timeline (January to November 2026):

  • January 2026: 48 lakh units capacity
  • March 2026 onwards: 63 lakh units capacity with ~₹14.5 crore monthly run-rate
  • November 2026 (current addition): 72 lakh units capacity with ~₹16 crore monthly run-rate

Since January 2026, the installed capacity has increased by 50% and the monthly revenue run-rate has increased by approximately 10% from the previous ₹14.5 crore.

The new machinery addresses production bottlenecks at the Sonipat units, which are operated through the company's wholly owned subsidiary, Dewdrop Bottles Private Limited. This enables existing production lines to operate at full potential and moves production toward greater automation. The expansion strengthens the company's shift to a design-led OEM/ODM model and enables it to cater to demand that is outpacing capacity from both its own brands (Speedex and Maharaja) and OEM partners.

Separately, the 31 lakh-unit expansion funded from IPO proceeds remains on track and is expected to become operational in Q4 FY27 (Q4 of the current fiscal year), in line with timelines stated in the Red Herring Prospectus. This is a distinct program from the capacity addition announced in this disclosure.

The company manufactures stainless-steel bottles, flasks, and drinkware and sells through 101 distributors across 17 states and 2 union territories, in addition to online channels. It is listed on the BSE SME platform.

Management Commentary

Mr. Akash Aggarwal, CEO, stated: "Speedex and Maharaja have earned their place with consumers and OEM partners by being dependable on quality and supply. This added capacity lets us serve our distributors and partners better and puts our monthly run-rate on a higher footing. It gives Maharaja & Speedex a stronger base to keep growing as a larger, more organised player in stainless-steel drinkware, and we are well placed for the next stage."