Max Heights Infrastructure Ltd
Incorporated in 1981, Maxheights Infrastructure Ltd is in the business of real estate development.
- Market Cap ₹ 20.8 Cr.
- Current Price ₹ 13.3
- High / Low ₹ 55.5 / 11.7
- Stock P/E 60.4
- Book Value ₹ 18.9
- Dividend Yield 0.00 %
- ROCE 0.83 %
- ROE 1.17 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.70 times its book value
Cons
- Company has a low return on equity of -0.80% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.0.70 Cr.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1.71 | 3.55 | 4.62 | 52.86 | 41.12 | 59.43 | 45.47 | 43.40 | 10.34 | 5.39 | 7.18 | 22.42 | |
0.71 | 2.58 | 3.69 | 50.53 | 38.40 | 52.61 | 39.01 | 38.28 | 8.01 | 4.29 | 5.17 | 21.96 | |
Operating Profit | 1.00 | 0.97 | 0.93 | 2.33 | 2.72 | 6.82 | 6.46 | 5.12 | 2.33 | 1.10 | 2.01 | 0.46 |
OPM % | 58.48% | 27.32% | 20.13% | 4.41% | 6.61% | 11.48% | 14.21% | 11.80% | 22.53% | 20.41% | 27.99% | 2.05% |
0.21 | 0.17 | 0.37 | 0.65 | 0.92 | 0.44 | 0.38 | 0.59 | 2.75 | 0.99 | 0.04 | 0.70 | |
Interest | 0.21 | 0.36 | 0.38 | 1.21 | 1.41 | 4.84 | 4.22 | 3.57 | 3.54 | 3.24 | 3.69 | 0.39 |
Depreciation | 0.19 | 0.18 | 0.22 | 0.26 | 0.30 | 0.31 | 0.30 | 0.26 | 0.13 | 0.11 | 0.15 | 0.24 |
Profit before tax | 0.81 | 0.60 | 0.70 | 1.51 | 1.93 | 2.11 | 2.32 | 1.88 | 1.41 | -1.26 | -1.79 | 0.53 |
Tax % | 30.86% | 31.67% | 28.57% | 31.79% | 31.61% | 25.12% | 26.29% | 25.00% | 34.04% | 19.84% | 1.68% | 20.75% |
0.56 | 0.41 | 0.51 | 1.03 | 1.33 | 1.58 | 1.72 | 1.42 | 0.92 | -1.50 | -1.81 | 0.42 | |
EPS in Rs | 0.40 | 0.28 | 0.32 | 0.56 | 0.66 | 0.72 | 1.10 | 0.91 | 0.59 | -0.06 | -0.57 | 0.24 |
Dividend Payout % | 0.00% | 0.00% | 62.44% | 8.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 20% |
5 Years: | -13% |
3 Years: | 29% |
TTM: | 212% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | -28% |
3 Years: | 33% |
TTM: | 139% |
Stock Price CAGR | |
---|---|
10 Years: | -14% |
5 Years: | 2% |
3 Years: | 1% |
1 Year: | -75% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 0% |
3 Years: | -1% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 14.14 | 14.14 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 | 15.61 |
Reserves | 2.08 | 8.63 | 11.24 | 12.04 | 13.11 | 14.24 | 15.53 | 16.61 | 15.38 | 14.44 | 13.54 | 13.91 |
3.80 | 25.37 | 69.59 | 75.14 | 84.83 | 104.36 | 111.42 | 106.26 | 79.46 | 78.45 | 84.85 | 70.28 | |
105.58 | 171.52 | 188.12 | 189.65 | 210.61 | 199.81 | 183.70 | 156.33 | 37.50 | 35.32 | 35.07 | 36.97 | |
Total Liabilities | 125.60 | 219.66 | 284.56 | 292.44 | 324.16 | 334.02 | 326.26 | 294.81 | 147.95 | 143.82 | 149.07 | 136.77 |
1.29 | 1.13 | 1.01 | 1.27 | 0.99 | 1.33 | 1.64 | 1.62 | 0.48 | 0.37 | 1.53 | 1.30 | |
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 |
Investments | 1.00 | 0.01 | 0.01 | 0.01 | 0.11 | 0.11 | 0.11 | 0.11 | 0.50 | 0.57 | 0.57 | 0.56 |
123.31 | 218.52 | 283.54 | 291.16 | 323.06 | 332.58 | 324.51 | 293.08 | 146.97 | 142.88 | 146.97 | 134.91 | |
Total Assets | 125.60 | 219.66 | 284.56 | 292.44 | 324.16 | 334.02 | 326.26 | 294.81 | 147.95 | 143.82 | 149.07 | 136.77 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-30.59 | -33.64 | -7.80 | -13.08 | -13.61 | -8.95 | 8.19 | -2.91 | 0.08 | 0.80 | 10.51 | ||
0.97 | 0.36 | 0.79 | 0.39 | -0.29 | 0.41 | 0.67 | 4.47 | 3.48 | -1.21 | 2.96 | ||
29.23 | 45.19 | 5.28 | 8.40 | 14.58 | 3.03 | -8.41 | 0.68 | -4.24 | 2.71 | -14.96 | ||
Net Cash Flow | -0.39 | 11.92 | -1.73 | -4.29 | 0.68 | -5.51 | 0.45 | 2.24 | -0.68 | 2.30 | -1.50 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 34.15 | 13.37 | 8.69 | 39.43 | 119.21 | 100.72 | 194.58 | 109.16 | 7.41 | 14.22 | 24.91 | 3.74 |
Inventory Days | 46,734.12 | 14,439.73 | 11,781.48 | 2,111.81 | ||||||||
Days Payable | 6,166.69 | 2,768.00 | 2,275.28 | 460.66 | ||||||||
Cash Conversion Cycle | 34.15 | 13.37 | 40,576.12 | 39.43 | 119.21 | 100.72 | 194.58 | 109.16 | 7.41 | 11,685.95 | 9,531.11 | 1,654.89 |
Working Capital Days | 3,317.02 | 2,749.32 | 2,769.89 | 264.39 | 434.50 | 327.97 | 605.42 | 628.41 | 3,786.26 | 4,924.45 | 3,649.49 | 1,044.86 |
ROCE % | 2.67% | 1.42% | 2.65% | 3.00% | 5.45% | 4.59% | 3.71% | 2.00% | 0.92% | 1.74% | 0.83% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Submission of newspaper publication dated 14th August, 2025 for publishing the un-audited financial results of the company for the quarter ended on 30th June, 2025.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
2d - Q1 FY25 results approved; new MoA/AoA adoption; director re-appointment; 44th AGM scheduled Sept 19, 2025.
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Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Q1 FY25 results: Rs -15.85L loss; re-appointment of independent director; MD remuneration hike; 44th AGM on 19 Sept 2025.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
2d - Approved Q1 FY26 results, re-appointed director, fixed 44th AGM on 19 Sept 2025 via VC.
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
2d - Q1 FY26 unaudited loss, governance approvals, director re-appointment, AGM scheduled for Sept 19, 2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
Company's main area of operation is in real estate development which entails identification and acquisition of land, to planning, execution, construction and marketing of projects. Company also provides maintenance services
and recreational activities which are related to overall development of real estate business. Company does business as developers, owners, builders, promoters of residential, commercial, industrial buildings, mall and multiplexes, township projects and factory sheds and also deals in immovable properties whether belonging to company or not.