What is Max Estates Ltd's PE ratio?

Max Estates Ltd trades at a P/E ratio of 1,413.00.

What is Max Estates Ltd's market cap?

Max Estates Ltd's market capitalisation is ₹8,297 Cr.

When did Max Estates Ltd last report results?

Max Estates Ltd last reported Q1FY26 results on 22 Sept '26.

What is Max Estates Ltd's ROE?

Max Estates Ltd's return on equity (ROE) is −1.3%.

What sector is Max Estates Ltd in?

Max Estates Ltd (MAXESTATES) is classified in the Consumer Discretionary sector (Residential, Commercial Projects).

Consumer Discretionary · Residential, Commercial Projects

Max Estates Ltd (MAXESTATES)

₹507.20

Mkt cap

₹8,297 Cr

P/E ratio

1,413.00

P/B

3.43

Div yield

0.00%

ROE

−1.27%

ROCE

1.40%

EPS (TTM)

₹0.36

Book value

₹148

52W range

305–653

Sector

Consumer Discretionary

Price history

Previous close

This is the real estate development arm of Max Group. Company is a leading Real Estate player in Delhi - NCR. [1]

NSE MAXESTATESBSE 544008

Health check

Cautious

ValuationExpensive

ProfitabilityWeak

GrowthHigh

TechnicalsNeutral

52-week range

−22.30% from high

₹507

₹305+66.05% from low₹653

Current

₹507.20

Prev close

₹518.10

Day

−2.10%

Price performance

−1.38%

+8.48%

−10.24%

+31.72%

+27.80%

+7.27%

YTD

+12.24%

Financials

Revenue, profit & margin

P/E ratio

1,413.0×

MAXESTATES is 6,022% above the sector median of 23.1×

MAXESTATES1,413.0×

Sector median23.1×

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	18.28	20.49	24.17	30.01	40.49	40.18	40.04	39.78	51.47	48.77	49.77	49.43	51.91
Expenses	15.13	19.92	17.90	22.20	25.26	31.64	28.47	30.72	37.56	38.68	46.84	52.63	43.79
Operating Profit	3.15	0.57	6.27	7.81	15.23	8.54	11.57	9.06	13.91	10.09	2.93	-3.20	8.12
OPM %	17.23%	2.78%	25.94%	26.02%	37.61%	21.25%	28.90%	22.78%	27.03%	20.69%	5.89%	-6.47%	15.64%
Other Income	-39.28	7.29	6.30	8.55	7.21	12.60	31.85	37.52	28.66	25.86	21.68	21.15	28.17
Interest	4.38	10.52	13.88	14.21	16.55	13.94	14.83	16.55	17.32	16.28	15.63	16.19	16.73
Depreciation	3.69	6.37	6.89	8.45	8.77	8.41	8.16	8.76	8.41	8.04	8.02	7.93	8.17
Profit before tax	-44.20	-9.03	-8.20	-6.30	-2.88	-1.21	20.43	21.27	16.84	11.63	0.96	-6.17	11.39
Tax %	-13.19%	-49.94%	-8.41%	-24.92%	-30.56%	14.05%	22.61%	34.23%	29.10%	32.85%	96.88%	-33.87%	26.60%
Net Profit	-38.37	-4.51	-7.51	-4.73	-2.00	-1.38	15.82	13.99	11.94	7.82	0.02	-4.08	8.35
EPS in Rs		0.01	-0.21	-0.10	0.11	0.13	1.23	1.08	0.71	0.45	-0.07	-0.31	0.29
Raw PDF

Earnings

Results dates & reactions

No upcoming results date on calendar.

Fresh quarters land in the Financials table above, tagged NSE until screener catches up.

Avg earnings-day move +4.35% · closed higher next day 2 of last 2

	Q1FY26†	Q1FY27
Broadcast	22 Sept '26◦	14 Aug '26◦
Earnings day	+1.37%	+7.33%
+1 day	+3.66%	+8.12%
+5 days	−1.34%	+24.26%
+15 days	−9.96%	+22.91%
+30 days	—	+28.97%
Filing	XBRL	XBRL

Corporate actions

Last 6 months

No recent corporate actions

Dividends, splits, and bonuses in the last six months show up here.

Results analysis

Other income outweighed operating profit in Max Estates' Q1FY27

Shareholding

as of Sep 2026

45.23%Promoter

Promoters45.23%0.02

FIIs26.34%0.50

DIIs8.73%0.53

Public19.69%1.00

Ownership trend

Peers

8 companies

Valuation vs quality

P/E × ROCE · bubble = market cap

Name	CMP	P/E	Mkt Cap	Div Yld	NP Qtr	Qtr Profit Var	Sales Qtr	Qtr Sales Var	ROCE
DLF	₹691.55	37.24	1,71,180	1.16%	1,301	+29.22%	1,261	−23.28%	6.32%
Lodha Developers	₹1,037.00	23.83	1,03,642	0.41%	1,014	+28.44%	4,467	+17.61%	16.41%
Phoenix Mills	₹1,957.20	53.10	70,008	0.13%	427	+7.14%	1,153	+3.35%	12.41%
Prestige Estates	₹1,453.30	54.96	62,598	0.14%	271	−19.35%	2,675	+15.94%	10.38%
Oberoi Realty	₹1,646.50	22.60	59,867	0.49%	762	+0.18%	1,671	−6.08%	17.28%
Godrej Propert.	₹1,568.00	34.56	47,232	0.64%	145	−61.95%	1,935	+161.38%	7.63%
Brigade Enterpr.	₹527.10	24.14	17,199	0.38%	219	+19.14%	1,196	−13.52%	10.54%
Max Estates	₹507.20	1,413.42	8,297	0.00%	8	−58.08%	52	+0.85%	1.40%
Median: 95 Co.	₹130.86	23.08	787	0.00%	9	+13.58%	79	+8.54%	7.58%

Filings

Annual reports4

Annual Report 2026 Annual Report 2025 Annual Report 2024 Annual Report 2023

Credit ratings5

Rating update 13 Augicra Rating update 4 Sep 2025care Rating update 4 Oct 2024care Rating update 5 Apr 2024care Rating update 3 May 2023care

Announcements5

Announcement under Regulation 30 (LODR)-Change in Management 22 Oct - Dharmender Kumar resigned as Director and Chief Corporate Affairs Officer effective October 21, 2026.Show Cause Notice Under Regulation 30 Of SEBI (LODR) Regulations, 2015, As Amended. 8 Oct - Max Estates received GST DRC-01 notice for FY23 proposing ₹2.59 crore demand.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Oct - Regulation 74(5) certificate received for quarter ended September 30, 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Oct - Max Estates reports ~INR 3,200 crore H1FY2027 pre-sales; Q2FY2027 pre-sales ~INR 2,100 crore.Announcement under Regulation 30 (LODR)-Press Release / Media Release 1 Oct - Max Estates earns Dual 5-Star GRESB 2026 rating, ranks No. 1 in Development category.