| Margins | Project margins 20–45% est; price/sqft ₹24,704, up from ₹18,410 |
|---|---|
| Order book | Sold-not-booked ₹15,650 Cr; embedded PBT ₹4,800–5,700 Cr |
| Demand visibility | GDV pipeline ₹29,000+ Cr; ₹15,650 Cr sold, unbooked |
| Management confidence | Confident; Q2 pre-sales ₹2,092 Cr, ~14x YoY |
Growth
Q2 pre-sales ₹2,092 Cr, ~14x YoY; H1 collections ₹1,051 Cr (2x YoY). Quarterly revenue and PAT not disclosed.
Outlook
Launch-led growth: ₹13,950 Cr GDV to launch; commercial peak rent ~₹700 Cr; Estate 128 first delivery FY28.
Risks
FY26 pre-sales missed ₹6,000–6,500 Cr guidance (actual ₹5,305 Cr). ₹139 Cr cancellations; Max One collection efficiency only 73%.
Last quarter's promises, checked
Delivered
- Sold-and-contracted ₹13,500 Cr → sold-not-booked ₹15,650 Cr (= BEAT; definitions may differ)
- Embedded PBT ₹4,500–5,500 Cr → ₹4,800–5,700 Cr (= BEAT; range raised)
Partly delivered
- FY27 collections ₹2,500–2,700 Cr → H1 ₹1,051 Cr, FY open (= PARTIAL)
- FY27 construction deployment ₹1,500–1,800 Cr → ~₹1,500+ Cr (= PARTIAL)
- Commercial peak rent ~₹700 Cr → reiterated ~₹700 Cr, not yet achieved (= PARTIAL)
Investor Presentation filed with BSE, NSE: MAXESTATES. Summary written with AI assistance from the document.
Max Estates Ltd: key numbers
- Share price
- ₹513.75
- Market cap
- ₹8,404 Cr
- Revenue (annual)
- ₹199.4 Cr
- Net profit (annual)
- ₹12.51 Cr
- P/E (TTM)
- 726.8×Sector 35.9×
- 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 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
Max Estates Board Meeting Date
Max Estates Limited has informed exchanges that its board will meet on 4 November 2026 to consider unaudited results for the quarter and half year ended 30 September 2026. The trading window stays closed until 6 November 2026.
Max Estates Employee Stock Options
Max Estates allotted 632 equity shares to an option holder under its ESOP Plan 2023. The allotment raises paid-up capital; no transaction price is stated.