ALFA Finder| Margins | Targeting 20-45% project margins for launched residential. |
|---|---|
| Order book | Total GDV pipeline of ~₹16,150 Cr. |
| Demand visibility | Strong; 100% occupancy in completed commercial assets. |
| Management confidence | High; track record of meeting/exceeding guidance. |
Growth
FY26 pre-sales grew to ₹5,305 Cr. Price realization rose 13% CAGR (FY24-26) to ₹23,789/sq. ft.
Outlook
Targeting 3 mn sq. ft. additions annually; ₹16,150+ Cr GDV pipeline from Q2 FY27 onwards.
Risks
Execution risks for 11.2 mn sq. ft. under-construction; market concentration in Delhi-NCR.
Last quarter's promises, checked
Delivered
- Guided ~2 mn sq. ft. residential additions → delivered 2 mn sq. ft. target (= BEAT)
- Guided ~1 mn sq. ft. commercial additions → delivered 1 mn sq. ft. target (= BEAT)
- Guided peak commercial rental scaling to ₹700 Cr → delivered ₹700 Cr estimate (= BEAT)
Partly delivered
- Guided FY27 collections ₹2,500-3,000 Cr → delivered ₹491 Cr in Q1 (= PARTIAL)
Investor Presentation filed with BSE, NSE: MAXESTATES. Summary written with AI assistance from the document.
Max Estates Ltd: key numbers
- Share price
- ₹534.75
- Market cap
- ₹8,747 Cr
- Revenue (annual)
- ₹199.4 Cr
- Net profit (annual)
- ₹12.51 Cr
- P/E (TTM)
- 974.3×Sector 38.0×
- Promoter holding
- 45.23%-0.03% QoQ
- FII holding
- 26.34%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Max Estates Ltd
All →Max Estates Earnings Call Transcript: Key Takeaways
Strong Q2 pre-sales (₹2,100 Cr, 274 units) but thin reported P&L: revenue ₹52.5 Cr, PAT ₹4.7 Cr, pending handovers.
Max Estates Investor Presentation: Key Takeaways
Q2 FY27 pre-sales ₹2,092 Cr (~14x YoY); H1 FY27 pre-sales ₹3,184 Cr, collections ₹1,051 Cr. Reported P&L is small (FY26 revenue ₹199.4 Cr, PBT ₹23.3 Cr); ₹4,800–5,700 Cr embedded PBT to be recognised FY28–FY31.
Max Estates Results Update
Max Estates reported H1 FY27 pre-sales of INR 3,200 crore and Q2 PAT of INR 4.7 crore. It also signed an MOU for a Delhi land acquisition.
Max Estates Merger & Restructuring Worth ₹0.01 Cr
Max Estates will subscribe to 10,000 shares worth ₹1 lakh in a yet-to-be-incorporated real estate company. The entity awaits Ministry of Corporate Affairs approval.
- Value
- ₹0.01 Cr
Max Estates Debt & Borrowing: ₹350 Cr
Max Estates' board approved a ₹350 crore corporate guarantee for a wholly-owned subsidiary's term loan. Monitoring agency reports on its QIP and warrant proceeds were also filed.
- Value
- ₹350.0 Cr
Max Estates Q2 FY27 Results: Net Profit ₹4.7 Cr, Down 39.7% YoY
Max Estates Ltd reported revenue from operations of ₹52.8 Cr (+8.2% YoY) and net profit of ₹4.7 Cr (-39.7% YoY) for Q2 FY27.
- Key figure
- Net profit ₹4.7 Cr · -39.7% YoY