ALFA Finder| Management target | Revenue FY27 |
|---|
| Revenue growth | ₹52 crore revenue reported; pre-sales hit ₹1,100 crore, up 5x YoY. |
|---|---|
| Margins | Rental yields stable; Max Towers commands 50%+ premium over micro-market averages. |
| Order book | Residential pipeline stands at ₹16,100 crore; ₹13,500 crore already contracted. |
| Demand visibility | Strong visibility in Gurgaon and Noida; 70% Gurgaon residential launches absorbed. |
| Management confidence | Extremely high confidence in NCR market resilience and execution speed. |
Growth
Pre-sales surged 5x YoY to ₹1,100 crore, supported by high-velocity sell-outs in Gurgaon and Noida projects.
Outlook
Targets ₹2,500-2,700 crore collections in FY27; ₹700 crore annual rental income at peak occupancy.
Risks
Rising employee and marketing costs are hitting current margins ahead of revenue recognition milestones.
Last quarter's promises, checked
Delivered
- Guided ₹5,000cr+ presales → delivered ₹5,305cr (= BEAT)
- Guided 100% occupancy for commercial assets → delivered 100% (= BEAT)
- Guided ₹1,500cr+ collections → delivered ₹1,578cr (= BEAT)
Partly delivered
- Guided ₹2,500-3,000cr FY27 collections → delivered ₹1,100cr in Q1 (= PARTIAL)
Earnings Call Transcript 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