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Earnings Call

Max Estates Earnings Call: Key Takeaways

Max Estates delivered FY26 pre-sales of Rs. 5,305 Cr, crossing the Rs. 5,000 Cr mark for the second consecutive year. Strategy focuses on NCR luxury residential and premium commercial annuity assets.

Why this was an Alfa AlertNot a filter event. FY26 pre-sales of Rs. 5,305 Cr fell within the guided range of Rs. 6,000-6,500 Cr (underperformed upper end).
Highlights
Revenue growthFY26 pre-sales Rs. 5,305 Cr; Collections Rs. 1,578 Cr.
MarginsEstimated project margins 20-45% across various residential developments.
Order bookPipeline GDV Rs. 17,200 Cr+; 18.4 mn sq. ft. total portfolio.
Demand visibilityStrong in luxury NCR; 100% occupancy in operational commercial assets.
Management confidenceHigh; citing second year of Rs. 5,000 Cr+ pre-sales.

Growth

FY26 pre-sales Rs. 5,305 Cr; collections grew 61% YoY to Rs. 1,578 Cr. Realized price PSF rose 17% YoY to Rs. 23,789.

Outlook

FY27 construction spend target Rs. 1,500 Cr+; aiming to add 3 mn sq. ft. annually; peak rental potential Rs. 700 Cr.

Risks

Concentration in Delhi-NCR market; project execution timelines and regulatory approvals for 17,200 Cr+ GDV pipeline.

Source

Earnings Call filed with BSE, NSE: MAXESTATES. Summary written with AI assistance from the document.

Read the document ↗

Max Estates Ltd: key numbers

Share price
₹594.65
Market cap
₹9,727 Cr
Revenue (annual)
₹199.4 Cr
Net profit (annual)
₹12.51 Cr
P/E (TTM)
841.2×Sector 35.8×
Promoter holding
45.26%-0.01% QoQ
FII holding
25.84%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Value
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