| 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
- ₹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.
More from Max Estates Ltd
All →Max Estates Annual General Meeting
Max Estates held an EGM on September 24, 2026, to transact items related to a proposed land acquisition and a preferential issue of equity shares.
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- development potential
- 1.5 million sq. ft.
Max Estates Employee Stock Options
Max Estates Limited allotted 14,931 equity shares under its 2023 ESOP Plan following the exercise of stock options by employees.
Max Estates Annual General Meeting
Max Estates will hold an EGM on September 24, 2026, to seek shareholder approval for a preferential share swap issue and related party acquisition transactions.
Max Estates Annual General Meeting
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
Max Estates Earnings Call Transcript: Key Takeaways
Max Estates delivered a strong Q1 FY27, capitalizing on the NCR residential boom while aggressively pivoting toward a self-funded model through massive collections and pre-sales growth.