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Earnings Call

Max Estates Earnings Call: Key Takeaways

Max Estates delivered record FY26 presales of ₹5,305 Cr, up 61% YoY, with strong momentum in Noida and Gurugram launches.

Why this was an Alfa AlertNot a filter event. No specific prior guidance range was provided to compare against the achieved results for a material beat.
Highlights
Revenue growthFY26 revenue at ₹200 Cr; lease rental income up 40% YoY.
MarginsAverage realizations increased 29% over two years to ₹23,000/sq.ft.
Order bookResidential pipeline stands at over ₹17,200 Cr.
Demand visibilityStrong; ₹12,500 Cr of future revenue already sold and contracted.
Management confidenceHigh confidence in NCR end-user demand despite global macroeconomic uncertainties.

Growth

FY26 consol revenue ₹200 Cr; EBITDA ₹24 Cr; PBT ₹23 Cr. Residential presales 3-year CAGR at 70%.

Outlook

Targeting 2M sq. ft. residential and 1M sq. ft. commercial additions annually. Peak rental income guided at ₹700 Cr.

Risks

West Asia conflict escalating costs and near-term caution; inflationary pressure on commodity prices.

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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development potential
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Annual General Meeting

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Max Estates Limited issued an EGM notice to approve a related-party acquisition and preferential share issue for a consideration of up to ₹420.23 Crore.

Value
₹420.2 Cr