Nifty
:
25843.15
Sensex
:
84363.37
133.30 (0.52%)
411.18 (0.49%)
Nifty
Sensex
:
:
25843.15
84363.37
133.30 (0.52%)
411.18 (0.49%)

Max Estates Ltd.

Construction - Real Estate

Rating :
60/99

BSE: 544008 | NSE: MAXESTATES

NSE BSE
474.85
20-Oct-2025
  • Open
  • High
  • Low
  • Previous Close
  •  486
  •  487.75
  •  471.7
  •  485.10
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  38221
  •  18180050.8
  •  630
  •  341.1

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 7,780.16
  • 155.10
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 8,310.69
  • N/A
  • 3.38

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 45.24%
  • 2.17%
  • 14.36%
  • FII
  • DII
  • Others
  • 27.13%
  • 5.90%
  • 5.20%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 14.35

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 6.99

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • 28.98

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -

Earnings Forecasts:

(Updated: 18-10-2025)
Description
2024
2025
2026
2027
Adj EPS
2.63
P/E Ratio
184.45
Revenue
160.49
EBITDA
44.4
Net Income
40.81
ROA
0.79
P/B Ratio
34.28
ROE
2.37
FCFF
-464.03
FCFF Yield
-5.85
Net Debt
-9.2
BVPS
14.15

Quarterly Results

Consolidated Figures in Rs. Crores /

Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
51.47
40.49
27.12%
39.78
30.01
32.56%
40.04
24.17
65.66%
40.18
20.49
96.10%
Expenses
37.56
25.26
48.69%
30.73
22.20
38.42%
28.47
17.91
58.96%
31.64
19.93
58.76%
EBITDA
13.92
15.23
-8.60%
9.06
7.80
16.15%
11.57
6.27
84.53%
8.54
0.56
1,425.00%
EBIDTM
27.04%
37.62%
22.77%
26.00%
28.89%
25.92%
21.25%
2.74%
Other Income
28.66
7.21
297.50%
37.52
8.55
338.83%
31.85
6.30
405.56%
12.60
7.29
72.84%
Interest
17.32
16.55
4.65%
16.55
14.21
16.47%
14.83
13.88
6.84%
13.94
10.52
32.51%
Depreciation
8.41
8.77
-4.10%
8.76
8.45
3.67%
8.16
6.89
18.43%
8.41
6.37
32.03%
PBT
16.84
-2.88
-
21.27
-6.31
-
20.43
-8.20
-
-1.21
-9.03
-
Tax
4.90
-0.88
-
7.28
-1.58
-
4.62
-0.69
-
0.17
-4.52
-
PAT
11.93
-2.00
-
13.99
-4.73
-
15.82
-7.51
-
-1.38
-4.52
-
PATM
23.18%
-4.93%
35.17%
-15.77%
39.50%
-31.07%
-3.44%
-22.04%
EPS
0.71
0.11
545.45%
1.08
-0.10
-
1.23
-0.21
-
0.13
0.01
1,200.00%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated
Description
TTM
Mar 25
Mar 24
Mar 23
Net Sales
171.47
160.49
92.94
107.34
Net Sales Growth
48.90%
72.68%
-13.42%
 
Cost Of Goods Sold
6.51
4.55
0.00
21.55
Gross Profit
164.96
155.94
92.94
85.80
GP Margin
96.20%
97.16%
100%
79.93%
Total Expenditure
128.40
116.09
75.17
75.67
Power & Fuel Cost
-
5.76
3.40
2.51
% Of Sales
-
3.59%
3.66%
2.34%
Employee Cost
-
17.63
12.28
15.38
% Of Sales
-
10.99%
13.21%
14.33%
Manufacturing Exp.
-
8.13
6.65
2.59
% Of Sales
-
5.07%
7.16%
2.41%
General & Admin Exp.
-
37.68
26.93
27.37
% Of Sales
-
23.48%
28.98%
25.50%
Selling & Distn. Exp.
-
38.39
22.59
4.07
% Of Sales
-
23.92%
24.31%
3.79%
Miscellaneous Exp.
-
3.95
3.32
2.21
% Of Sales
-
2.46%
3.57%
2.06%
EBITDA
43.09
44.40
17.77
31.67
EBITDA Margin
25.13%
27.67%
19.12%
29.50%
Other Income
110.63
89.19
27.33
23.94
Interest
62.64
61.87
42.99
18.62
Depreciation
33.74
34.10
25.40
14.91
PBT
57.33
37.62
-23.29
22.08
Tax
16.97
11.19
-12.62
3.62
Tax Rate
29.60%
29.74%
18.63%
16.39%
PAT
40.36
40.81
-42.16
19.02
PAT before Minority Interest
50.68
26.43
-55.12
18.47
Minority Interest
10.32
14.38
12.96
0.55
PAT Margin
23.54%
25.43%
-45.36%
17.72%
PAT Growth
315.14%
-
-
 
EPS
2.51
2.53
-2.62
1.18

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Shareholder's Funds
2,278.47
1,170.90
1,211.20
Share Capital
161.00
147.13
0.00
Total Reserves
2,076.10
1,019.88
1,061.93
Non-Current Liabilities
2,389.77
943.46
823.61
Secured Loans
1,239.18
647.52
673.32
Unsecured Loans
230.48
215.16
77.49
Long Term Provisions
3.84
2.80
1.69
Current Liabilities
2,107.16
642.53
129.72
Trade Payables
453.12
33.39
27.04
Other Current Liabilities
1,648.95
605.17
37.58
Short Term Borrowings
0.00
0.00
62.59
Short Term Provisions
5.10
3.97
2.52
Total Liabilities
7,157.87
3,036.52
2,207.20
Net Block
18.38
22.04
22.33
Gross Block
31.59
28.98
25.48
Accumulated Depreciation
13.21
6.93
3.15
Non Current Assets
2,939.72
2,042.63
1,638.24
Capital Work in Progress
0.00
0.27
0.00
Non Current Investment
5.12
2.69
53.63
Long Term Loans & Adv.
556.24
97.75
122.16
Other Non Current Assets
331.55
116.08
35.03
Current Assets
4,218.15
993.90
568.96
Current Investments
582.01
89.96
105.96
Inventories
2,285.00
532.87
386.92
Sundry Debtors
14.50
8.01
5.78
Cash & Bank
1,083.36
263.52
41.37
Other Current Assets
253.27
24.32
8.66
Short Term Loans & Adv.
227.71
75.21
20.27
Net Current Assets
2,110.99
351.37
439.24
Total Assets
7,157.87
3,036.53
2,207.20

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Cash From Operating Activity
225.00
270.70
-456.35
PBT
37.62
-67.74
22.08
Adjustment
10.46
87.01
19.18
Changes in Working Capital
248.85
257.72
-465.37
Cash after chg. in Working capital
296.94
276.99
-424.11
Interest Paid
0.00
0.00
0.00
Tax Paid
-71.93
-6.29
-32.25
Other Direct Exp. Paid
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
Cash From Investing Activity
-1,993.08
-291.66
-52.14
Net Fixed Assets
-0.80
-2.20
Net Investments
-339.49
-41.69
Others
-1,652.79
-247.77
Cash from Financing Activity
1,766.36
234.07
521.29
Net Cash Inflow / Outflow
-1.72
213.11
12.79
Opening Cash & Equivalents
230.74
17.63
4.83
Closing Cash & Equivalent
229.02
230.74
17.63

Financial Ratios

Standalone /

Consolidated
Description
Mar 25
Mar 24
Mar 23
Book Value (Rs.)
138.95
79.32
0.00
ROA
0.52%
-2.10%
0.84%
ROE
1.55%
-4.95%
1.74%
ROCE
3.31%
-1.19%
2.00%
Fixed Asset Turnover
5.30
3.41
4.21
Receivable days
25.61
27.09
19.66
Inventory Days
3204.38
1806.06
1315.66
Payable days
0.00
0.00
458.03
Cash Conversion Cycle
3229.98
1833.15
877.28
Total Debt/Equity
0.72
0.81
0.78
Interest Cover
1.61
-0.58
2.19

Annual Reports:

FY 2025
FY 2024

News Update:


  • Max Estates achieves Dual 5-Star Rating in GRESB 2025
    13th Oct 2025, 15:52 PM

    The company has achieved a dual 5-Star Rating in the Development and Standing Investment categories of GRESB

    Read More
  • Max Estates gets nod to acquire BBPL
    6th Sep 2025, 14:47 PM

    The Board of Directors of the company in their meeting held on September 05, 2025, considered and approved the same

    Read More
  • Max Estates gets nod for incorporation of wholly-owned subsidiary
    9th Aug 2025, 12:28 PM

    The proposed wholly-owned subsidiary shall carry out the same business activities i.e. real estate activities

    Read More
  • Max Estates - Quarterly Results
    8th Aug 2025, 19:55 PM

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.