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Earnings Call

Max Estates Earnings Call: Key Takeaways

Max Estates delivered record Q4 pre-sales driven by Noida launches, yet management displays notable caution regarding near-term macroeconomic volatility and geopolitical pressures despite strong domestic end-user demand.

Why this was an Alfa AlertNot a filter event. Results are in line with the established growth trajectory without explicit 10%+ guidance beat mentioned.
Highlights
MarginsTargeting high-margin recurring income; commercial assets at 100% occupancy.
Order bookResidential pipeline exceeds ₹17,200 crore GVD.
Demand visibilityStrong domestic end-user demand in NCR despite global uncertainty.
Management confidenceCautiously optimistic; acknowledging macro headwinds while citing strong execution.

Growth

Pre-sales crossed ₹5,300 crore for the second consecutive year; average realizations grew 29% over two years to ₹23,000/sq.ft.

Outlook

Residential pipeline stands at ₹17,200 crore; target adding 2M sq.ft. residential and 1M sq.ft. commercial annually.

Risks

Near-term caution due to West Asia conflict impacting sentiment and supply-side costs; high project concentration in NCR.

Source

Earnings Call filed with NSE, 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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