Max Estates Ltd (MAXESTATES)
₹387.15
Mkt cap
₹6,990 Cr
P/E ratio
559.00
P/B
2.62
Div yield
0.00%
ROE
0.53%
ROCE
1.79%
EPS (TTM)
₹0.69
Book value
₹148
52W range
309–552
Sector
Consumer Discretionary
This is the real estate development arm of Max Group. Company is a leading Real Estate player in Delhi - NCR. [1]
Health check
Cautious
ValuationExpensive
ProfitabilityWeak
GrowthHigh
TechnicalsNeutral
52-week range
−29.89% from high₹387
₹309+25.39% from low₹552
Current
₹387.15
Prev close
₹389.95
Day
−0.72%
Price performance
1D
−0.72%
1W
−3.77%
1M
−12.78%
3M
−1.49%
6M
−0.73%
1Y
−25.71%
YTD
−14.33%
Financials
FRevenue, profit & margin
P/E ratio
559.0×
MAXESTATES is 1,865% above the sector median of 28.5×
MAXESTATES559.0×
Sector median28.5×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 23.31 | 18.28 | 20.49 | 24.17 | 30.01 | 40.49 | 40.18 | 40.04 | 39.78 | 51.47 | 48.77 | 49.77 | 49.43 | |
| Expenses | 15.71 | 15.13 | 19.92 | 17.90 | 22.20 | 25.26 | 31.64 | 28.47 | 30.72 | 37.56 | 38.68 | 46.84 | 52.63 | |
| Operating Profit | 7.60 | 3.15 | 0.57 | 6.27 | 7.81 | 15.23 | 8.54 | 11.57 | 9.06 | 13.91 | 10.09 | 2.93 | -3.20 | |
| OPM % | 32.60% | 17.23% | 2.78% | 25.94% | 26.02% | 37.61% | 21.25% | 28.90% | 22.78% | 27.03% | 20.69% | 5.89% | -6.47% | |
| Other Income | 5.41 | -39.28 | 7.29 | 6.30 | 8.55 | 7.21 | 12.60 | 31.85 | 37.52 | 28.66 | 25.86 | 21.68 | 21.15 | |
| Interest | 5.10 | 4.38 | 10.52 | 13.88 | 14.21 | 16.55 | 13.94 | 14.83 | 16.55 | 17.32 | 16.28 | 15.63 | 16.19 | |
| Depreciation | 3.72 | 3.69 | 6.37 | 6.89 | 8.45 | 8.77 | 8.41 | 8.16 | 8.76 | 8.41 | 8.04 | 8.02 | 7.93 | |
| Profit before tax | 4.19 | -44.20 | -9.03 | -8.20 | -6.30 | -2.88 | -1.21 | 20.43 | 21.27 | 16.84 | 11.63 | 0.96 | -6.17 | |
| Tax % | -9.79% | -13.19% | -49.94% | -8.41% | -24.92% | -30.56% | 14.05% | 22.61% | 34.23% | 29.10% | 32.85% | 96.88% | -33.87% | |
| Net Profit | 4.60 | -38.37 | -4.51 | -7.51 | -4.73 | -2.00 | -1.38 | 15.82 | 13.99 | 11.94 | 7.82 | 0.02 | -4.08 | |
| 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 | |||
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Mar 202645.27%Promoter
Promoters45.27%0.37
FIIs25.88%0.21
DIIs7.65%0.13
Public21.19%0.46
Ownership trend
Peers
P8 companiesValuation 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 | ₹657.75 | 38.94 | 1,62,814 | 0.91% | 1,269 | −3.22% | 1,814 | −42.00% | 6.32% |
| Lodha Developers | ₹1,162.40 | 34.53 | 1,16,135 | 0.37% | 1,008 | +9.35% | 4,714 | +11.58% | 16.41% |
| Phoenix Mills | ₹2,132.40 | 61.44 | 76,267 | 0.12% | 485 | +50.04% | 1,233 | +21.34% | 12.83% |
| Prestige Estates | ₹1,686.00 | 60.75 | 72,621 | 0.11% | 292 | +900.40% | 4,074 | +166.54% | 10.38% |
| Oberoi Realty | ₹1,887.70 | 28.06 | 68,637 | 0.42% | 703 | +62.36% | 1,750 | +52.14% | 17.28% |
| Godrej Propert. | ₹2,104.40 | 39.40 | 63,390 | 0.48% | 645 | +70.53% | 3,458 | +62.99% | 7.63% |
| Anant Raj | ₹573.20 | 37.18 | 20,628 | 0.17% | 149 | +23.57% | 647 | +19.64% | 12.07% |
| Max Estates | ₹427.55 | 558.78 | 6,990 | 0.00% | −4 | −128.89% | 49 | +24.26% | 1.79% |
| Median: 88 Co. | ₹145.95 | 28.45 | 836 | 0.00% | 5 | +10.09% | 86 | +19.64% | 7.72% |
Filings
DConcall transcripts27
TranscriptJun 2026PPTJun 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025RECAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024RECMay 2024TranscriptFeb 2024
Credit ratings4
Announcements5
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 6 Jul - The intimation related to allotment of 16,140 equity shares pursuant to the exercise of stock options.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jul - Regulation 74(5) confirmation certificate for quarter ended June 30, 2026.Announcement under Regulation 30 (LODR)-Press Release / Media Release 3 Jul - Max Estates reported Q1 FY2027 pre-sales of ~INR 1,100 crore and collections of ~INR 500 crore.Closure of Trading Window 26 JunAnnouncement under Regulation 30 (LODR)-Newspaper Publication 26 Jun - Please find attached the Newspapers advertisement regarding the dispatch of Notice of Postal Ballot.







