Max Estates Limited Share Price & Analysis
Price Chart
Fundamentals
Concerns
- ✗Low capital efficiency (ROCE 1.8%)
- ✗Premium to sector peers (P/E 535x vs industry 50.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| DLF DLF Limited | ₹653 | ₹1.7L Cr | 39.5 | 3.55 | 9.5 | 6.32 | 0.04 |
| LODHA Lodha Developers Limited | ₹1,161 | ₹1.2L Cr | 35.3 | 4.98 | 15.5 | 16.4 | 0.42 |
| PHOENIXLTD The Phoenix Mills Limited | ₹2,057 | ₹74K Cr | 59.8 | 6.7 | 11.6 | 12.8 | 0.46 |
| PRESTIGE Prestige Estates Projects Limited | ₹1,669 | ₹73K Cr | 61 | 4.41 | 7.54 | 10.4 | 0.92 |
| OBEROIRLTY Oberoi Realty Limited | ₹1,840 | ₹69K Cr | 26 | 3.73 | 14.6 | 17.3 | 0.18 |
| GODREJPROP Godrej Properties Limited | ₹2,077 | ₹63K Cr | 39.4 | 3.27 | 8.82 | 7.63 | 0.89 |
| ANANTRAJ Anant Raj Limited | ₹609 +1.34% | ₹21K Cr | 38.4 | 3.35 | 11.2 | 12.1 | 0.12 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MAXESTATES · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 49.42% | 45.26% | 45.25% | 45.25% | 45.24% | 45.23% |
| FII | 27.54% | 27.55% | 27.78% | 27.43% | 27.13% | 26.60% |
| DII | 0.03% | 5.72% | 5.79% | 6.30% | 6.27% | 6.80% |
| Public | 23.02% | 21.47% | 21.18% | 21.01% | 21.36% | 21.37% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026
Annual General Meeting
Latest News
All news →Max Estates reports ₹1,100 crore pre-sales in Q1FY27
*Max Estates reports ₹1,100 crore pre-sales in Q1FY27* — Max Estates Limited announced **₹1,100 crore** in pre-sales for the first quarter of FY2027, signaling strong demand in its residential projects. The performance reflects improved market sentiment in the realty sector. Execution of upcoming deliveries will be key to sustaining investor confidence. 📊 *STOCKS:* MAXESTATES | 🏢 *SECTOR:* Realty | #MEDIUMIMPACT #Realty
Max Estates issues general corporate updates
*Max Estates issues general corporate updates.* The filing provides routine disclosures with no major financial or strategic announcements. **No significant impact** on operations or shareholding pattern is indicated. Details remain unspecified in the release. 📊 *STOCKS:* MAXESTATES | 🏢 *SECTOR:* Realty | #LOWIMPACT #corporate
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹49.77 Cr ▲2.1% | ₹48.77 Cr ▼5.2% | ₹51.47 Cr ▲29.4% | ₹39.78 Cr ▼0.6% | ₹40.04 Cr ▼0.3% | ₹40.18 Cr ▼0.8% | ₹40.49 Cr ▲34.9% | ₹30.01 Cr |
| Op. Profit | ₹2.93 Cr ▼71.0% | ₹10.09 Cr ▼27.5% | ₹13.91 Cr ▲53.5% | ₹9.06 Cr ▼21.7% | ₹11.57 Cr ▲35.5% | ₹8.54 Cr ▼43.9% | ₹15.23 Cr ▲95.0% | ₹7.81 Cr |
| OPM | 5.9% ▼71.5% | 20.7% ▼23.5% | 27.0% ▲18.7% | 22.8% ▼21.2% | 28.9% ▲36.0% | 21.3% ▼43.5% | 37.6% ▲44.5% | 26.0% |
| Net Profit | ₹0.02 Cr ▼99.7% | ₹7.82 Cr ▼34.5% | ₹11.94 Cr ▼14.7% | ₹13.99 Cr ▼11.6% | ₹15.82 Cr ▲1246.4% | ₹-1.38 Cr ▲31.0% | ₹-2 Cr ▲57.7% | ₹-4.73 Cr |
| EPS (₹) | -0.07 ▼115.6% | 0.45 ▼36.6% | 0.71 ▼34.3% | 1.08 ▼12.2% | 1.23 ▲846.2% | 0.13 ▲18.2% | 0.11 ▲210.0% | -0.1 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue | ₹199 Cr ▲24.4% | ₹160 Cr ▲72.0% | ₹93 Cr ▼13.1% | ₹107 Cr ▲55.1% | ₹69 Cr |
| Expenses | ₹176 Cr ▲51.7% | ₹116 Cr ▲54.7% | ₹75 Cr ▼1.3% | ₹76 Cr ▲94.9% | ₹39 Cr |
| Op. Profit | ₹24 Cr ▼45.5% | ₹44 Cr ▲144.4% | ₹18 Cr ▼43.8% | ₹32 Cr ▲3.2% | ₹31 Cr |
| OPM | 12.0% ▼57.1% | 28.0% ▲47.4% | 19.0% ▼36.7% | 30.0% ▼31.8% | 44.0% |
| Other Income | ₹97 Cr ▲9.0% | ₹89 Cr ▲623.5% | ₹-17 Cr ▼170.8% | ₹24 Cr ▲380.0% | ₹5 Cr |
| Interest | ₹65 Cr ▲4.8% | ₹62 Cr ▲44.2% | ₹43 Cr ▲126.3% | ₹19 Cr ▲18.8% | ₹16 Cr |
| Depreciation | ₹32 Cr ▼5.9% | ₹34 Cr ▲36.0% | ₹25 Cr ▲66.7% | ₹15 Cr ▲36.4% | ₹11 Cr |
| PBT | ₹23 Cr ▼39.5% | ₹38 Cr ▲155.9% | ₹-68 Cr ▼409.1% | ₹22 Cr ▲175.0% | ₹8 Cr |
| Tax % | 33.0% ▲10.0% | 30.0% ▲257.9% | -19.0% ▼218.8% | 16.0% ▼61.9% | 42.0% |
| Net Profit | ₹16 Cr ▼38.5% | ₹26 Cr ▲147.3% | ₹-55 Cr ▼405.6% | ₹18 Cr ▲260.0% | ₹5 Cr |
| EPS (₹) | 0.77 ▼69.6% | 2.53 ▲188.2% | -2.87 | — | — |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
| Liabilities | ||||||
| Equity Capital | ₹163 Cr ▲1.2% | ₹161 Cr ▲0.0% | ₹161 Cr ▲9.5% | ₹147 Cr | ₹0 Cr ▼100.0% | ₹78 Cr |
| Reserves | ₹2.3K Cr ▲5.5% | ₹2.1K Cr ▲1.0% | ₹2.1K Cr ▲106.7% | ₹1.0K Cr ▼15.4% | ₹1.2K Cr ▲128.1% | ₹531 Cr |
| Borrowings | ₹2.4K Cr ▲15.0% | ₹2.1K Cr ▲26.7% | ₹1.7K Cr ▲72.1% | ₹962 Cr ▲11.6% | ₹862 Cr ▲173.7% | ₹315 Cr |
| Other Liabilities | ₹7.6K Cr ▲31.9% | ₹5.8K Cr ▲75.0% | ₹3.3K Cr ▲242.9% | ₹961 Cr ▲567.4% | ₹144 Cr ▲42.6% | ₹101 Cr |
| Total Liabilities | ₹12.4K Cr ▲22.4% | ₹10.2K Cr ▲40.6% | ₹7.2K Cr ▲133.6% | ₹3.1K Cr ▲39.6% | ₹2.2K Cr ▲116.2% | ₹1.0K Cr |
| Assets | ||||||
| Fixed Assets | ₹2.5K Cr ▼10.8% | ₹2.8K Cr ▲38.1% | ₹2.0K Cr ▲12.1% | ₹1.8K Cr ▲28.0% | ₹1.4K Cr ▲58.9% | ₹898 Cr |
| CWIP | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹385 Cr ▼46.8% | ₹724 Cr ▲23.3% | ₹587 Cr ▲531.2% | ₹93 Cr ▼41.9% | ₹160 Cr ▲1130.8% | ₹13 Cr |
| Other Assets | ₹9.5K Cr ▲44.1% | ₹6.6K Cr ▲43.9% | ₹4.6K Cr ▲291.1% | ₹1.2K Cr ▲86.8% | ₹629 Cr ▲451.8% | ₹114 Cr |
| Total Assets | ₹12.4K Cr ▲22.4% | ₹10.2K Cr ▲40.6% | ₹7.2K Cr ▲133.6% | ₹3.1K Cr ▲39.6% | ₹2.2K Cr ▲116.2% | ₹1.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Operating CF | ₹-616 Cr ▼373.8% | ₹225 Cr ▼17.0% | ₹271 Cr ▲159.4% | ₹-456 Cr ▼1212.2% | ₹41 Cr |
| Investing CF | ₹-291 Cr ▲85.4% | ₹-2.0K Cr ▼582.5% | ₹-292 Cr ▼461.5% | ₹-52 Cr ▲57.0% | ₹-121 Cr |
| Financing CF | ₹879 Cr ▼50.2% | ₹1.8K Cr ▲654.7% | ₹234 Cr ▼55.1% | ₹521 Cr ▲567.9% | ₹78 Cr |
| Net Cash Flow | ₹-28 Cr ▼1300.0% | ₹-2 Cr ▼100.9% | ₹213 Cr ▲1538.5% | ₹13 Cr ▲750.0% | ₹-2 Cr |
| Free Cash Flow | ₹-696 Cr ▼54.0% | ₹-452 Cr ▼804.0% | ₹-50 Cr ▲94.9% | ₹-979 Cr ▼1012.5% | ₹-88 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Debtor Days | 22d ▼33.3% | 33d ▲6.5% | 31d ▲55.0% | 20d ▲100.0% | 10d |
| Inventory Days | — | — | — | 6553d ▲2318.1% | 271d |
| Days Payable | — | — | — | 458d ▲132.5% | 197d |
| Cash Conv. Cycle | 22d ▼33.3% | 33d ▲6.5% | 31d ▼99.5% | 6115d ▲7094.1% | 85d |
| Working Capital Days | 5732d ▲465.8% | 1013d ▲16783.3% | 6d ▼99.4% | 993d ▲1045.7% | -105d |
| ROCE | 2.0% ▼33.3% | 3.0% | 0.0% ▼100.0% | 2.0% | — |
Source: Screener.in · Lower days = better efficiency