Max Heights Infrastructure Ltd
₹ 12.2
0.49%
25 Mar
1:55 p.m.
About
Incorporated in 1981, Maxheights
Infrastructure Ltd is in the business
of real estate development[1]
Key Points
- Market Cap ₹ 19.1 Cr.
- Current Price ₹ 12.2
- High / Low ₹ 20.3 / 10.4
- Stock P/E 18.0
- Book Value ₹ 21.7
- Dividend Yield 0.00 %
- ROCE -0.51 %
- ROE -1.22 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.59 times its book value
Cons
- The company has delivered a poor sales growth of 5.41% over past five years.
- Company has a low return on equity of 0.09% over last 3 years.
- Working capital days have increased from 1,916 days to 2,941 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Loading peers table ...
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3.55 | 4.61 | 5.18 | 4.06 | 3.13 | 5.90 | 3.52 | 1.98 | 5.43 | 6.04 | 22.21 | 4.58 | 8.02 | |
| 2.52 | 3.55 | 4.21 | 3.21 | 2.25 | 4.61 | 2.72 | 1.45 | 4.11 | 4.83 | 21.86 | 4.61 | 6.69 | |
| Operating Profit | 1.03 | 1.06 | 0.97 | 0.85 | 0.88 | 1.29 | 0.80 | 0.53 | 1.32 | 1.21 | 0.35 | -0.03 | 1.33 |
| OPM % | 29.01% | 22.99% | 18.73% | 20.94% | 28.12% | 21.86% | 22.73% | 26.77% | 24.31% | 20.03% | 1.58% | -0.66% | 16.58% |
| 0.01 | 0.01 | -0.00 | 0.11 | -0.00 | -0.00 | -0.00 | 2.41 | 0.98 | -0.00 | 0.69 | 0.04 | 0.19 | |
| Interest | 0.35 | 0.30 | 0.01 | 0.10 | 0.15 | 0.22 | 0.20 | 0.36 | 0.37 | 0.82 | 0.38 | 0.21 | 0.26 |
| Depreciation | 0.12 | 0.12 | 0.14 | 0.18 | 0.18 | 0.18 | 0.13 | 0.13 | 0.11 | 0.15 | 0.23 | 0.20 | 0.20 |
| Profit before tax | 0.57 | 0.65 | 0.82 | 0.68 | 0.55 | 0.89 | 0.47 | 2.45 | 1.82 | 0.24 | 0.43 | -0.40 | 1.06 |
| Tax % | 31.58% | 26.15% | 30.49% | 30.88% | 20.00% | 25.84% | 23.40% | 15.51% | 13.74% | 12.50% | 25.58% | -0.00% | |
| 0.40 | 0.48 | 0.57 | 0.47 | 0.44 | 0.66 | 0.36 | 2.06 | 1.57 | 0.21 | 0.31 | -0.40 | 1.06 | |
| EPS in Rs | 0.28 | 0.31 | 0.37 | 0.30 | 0.28 | 0.42 | 0.23 | 1.32 | 1.01 | 0.13 | 0.20 | -0.26 | 0.68 |
| Dividend Payout % | -0.00% | 65.04% | 13.69% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 5% |
| 3 Years: | -6% |
| TTM: | -27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 212% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | 1% |
| 3 Years: | -50% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 1% |
| 3 Years: | 0% |
| Last Year: | -1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.14 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 |
| Reserves | 8.18 | 10.74 | 11.22 | 11.69 | 12.13 | 12.79 | 13.20 | 15.30 | 16.88 | 17.09 | 17.40 | 17.00 | 18.25 |
| 4.88 | 1.69 | 2.66 | 2.92 | 1.65 | 6.33 | 9.77 | 11.56 | 8.55 | 9.42 | 1.31 | 6.97 | 3.29 | |
| 1.31 | 0.99 | 0.67 | 0.64 | 0.39 | 1.24 | 0.36 | 0.73 | 1.44 | 2.12 | 1.19 | 0.13 | 0.03 | |
| Total Liabilities | 28.51 | 29.03 | 30.16 | 30.86 | 29.78 | 35.97 | 38.94 | 43.20 | 42.48 | 44.24 | 35.51 | 39.71 | 37.18 |
| 0.78 | 0.51 | 0.87 | 0.68 | 0.50 | 0.94 | 0.80 | 0.46 | 0.35 | 1.52 | 1.29 | 1.08 | 0.98 | |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 2.65 | 2.90 | 4.90 | 5.00 | 5.00 | 5.00 | 5.00 | 3.49 | 1.11 | 1.11 | 1.10 | 1.15 | 0.60 |
| 25.08 | 25.62 | 24.39 | 25.18 | 24.28 | 30.03 | 33.14 | 39.25 | 41.02 | 41.61 | 33.12 | 37.48 | 35.60 | |
| Total Assets | 28.51 | 29.03 | 30.16 | 30.86 | 29.78 | 35.97 | 38.94 | 43.20 | 42.48 | 44.24 | 35.51 | 39.71 | 37.18 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -8.35 | -0.62 | 2.36 | -0.86 | -0.44 | -3.36 | -4.83 | -5.21 | -0.80 | 1.92 | 8.04 | -6.89 | |
| -1.01 | 0.27 | -1.80 | 0.45 | 0.71 | 0.11 | 0.51 | 4.51 | 3.48 | -1.25 | 0.35 | 0.68 | |
| 8.51 | 0.31 | 0.77 | 0.16 | -1.39 | 4.43 | 3.22 | 1.49 | -3.37 | 0.05 | -8.49 | 5.45 | |
| Net Cash Flow | -0.85 | -0.04 | 1.33 | -0.24 | -1.11 | 1.17 | -1.10 | 0.79 | -0.70 | 0.71 | -0.10 | -0.76 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 13.37 | 8.71 | 7.75 | 10.79 | 24.49 | 10.52 | 21.78 | 38.71 | 14.12 | 1.81 | 0.49 | 2.39 |
| Inventory Days | 3,999.55 | 2,250.41 | 1,719.17 | 4,033.56 | 3,374.18 | 326.60 | 2,172.17 | |||||
| Days Payable | -0.00 | -0.00 | 7.56 | 13.40 | 6.44 | -0.00 | -0.00 | |||||
| Cash Conversion Cycle | 4,012.92 | 2,259.12 | 1,719.36 | 10.79 | 24.49 | 10.52 | 21.78 | 38.71 | 4,034.27 | 3,369.56 | 327.09 | 2,174.56 |
| Working Capital Days | 1,968.94 | 1,938.22 | 1,559.35 | 1,924.79 | 2,633.13 | 1,598.58 | 3,104.57 | 6,931.31 | 2,634.32 | 2,302.40 | 503.87 | 2,940.72 |
| ROCE % | 4.08% | 3.40% | 2.89% | 2.61% | 2.35% | 3.46% | 1.83% | 0.99% | 2.90% | 2.55% | 2.01% | -0.51% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consolidated Inventories INR Lakhs |
|
|||||||||||
| Real Estate Segment Revenue (Consolidated) INR Lakhs |
||||||||||||
| Number of Shareholders Number |
||||||||||||
| Debtors Turnover Ratio times |
||||||||||||
Requires Premium
Requires Premium
Documents
Announcements
-
Closure of Trading Window
22h - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results; PAN freeze by NSDL.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Mar
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Mar
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Business Overview:[1][2]
MHIL specializes in developing residential, commercial, and mixed-use properties. The operations of the company span all aspects of real estate development, from the identification
and acquisition of land, to planning, execution, construction, and marketing of projects. The company is also engaged in the business of maintenance services and recreational activities which are related to the overall development of real estate business.