Max Estates Ltd
This is the real estate development arm of Max Group. Company is a leading Real Estate player in Delhi - NCR.[1]
- Market Cap ₹ 7,466 Cr.
- Current Price ₹ 464
- High / Low ₹ 724 / 283
- Stock P/E 679
- Book Value ₹ 137
- Dividend Yield 0.00 %
- ROCE 0.46 %
- ROE -1.39 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 3.39 times its book value
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.60.2 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
Sector: Realty Industry: Construction
Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary Nifty Microcap 250 Nifty Total Market
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|
69 | 107 | 93 | 151 | |
39 | 76 | 75 | 108 | |
Operating Profit | 31 | 32 | 18 | 43 |
OPM % | 44% | 30% | 19% | 29% |
5 | 24 | -17 | 60 | |
Interest | 16 | 19 | 43 | 60 |
Depreciation | 11 | 15 | 25 | 34 |
Profit before tax | 8 | 22 | -68 | 10 |
Tax % | 42% | 16% | -19% | |
5 | 18 | -55 | 8 | |
EPS in Rs | -2.87 | 1.37 | ||
Dividend Payout % | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 75% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 370% |
Stock Price CAGR | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 37% |
Return on Equity | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|
Equity Capital | 78 | 0.00 | 147 | 161 |
Reserves | 531 | 1,211 | 1,024 | 2,042 |
315 | 862 | 962 | 1,358 | |
101 | 144 | 961 | 2,780 | |
Total Liabilities | 1,025 | 2,216 | 3,094 | 6,340 |
898 | 1,427 | 1,826 | 1,887 | |
CWIP | 0 | 0 | 0 | 0 |
Investments | 13 | 160 | 93 | 369 |
114 | 629 | 1,175 | 4,084 | |
Total Assets | 1,025 | 2,216 | 3,094 | 6,340 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
41 | -456 | 271 | |
-121 | -52 | -292 | |
78 | 521 | 234 | |
Net Cash Flow | -2 | 13 | 213 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
Debtor Days | 10 | 20 | 31 |
Inventory Days | 271 | 6,553 | |
Days Payable | 197 | 458 | |
Cash Conversion Cycle | 85 | 6,115 | 31 |
Working Capital Days | 62 | 1,251 | 377 |
ROCE % | 2% | 0% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
15 May - Monitoring agency reports confirm proper utilization of Rs. 950 crore QIP and preferential issue proceeds.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
14 May - Q4 FY25 Earnings Conference Call details scheduled to be held on Friday, May 23, 2025, at 11:30 A.M. (IST).
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 14 May
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Board Meeting Intimation for Prior Intimation - Board Meeting For Consideration Of Audited Financial Results Of The Company For The Financial Year Ending March 31, 2025.
13 May - Board meeting on May 22 to approve FY25 audited financial results; trading window closed till May 24.
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Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Regarding Conclusion Of Purchase Transaction By Max Towers Private Limited (A Subsidiary Of The Company) Of Three Floors At Max Towers, Noida From Max India Limited.
9 May - Max Towers Pvt Ltd bought three floors in Noida from Max India for INR 105.08 crore.
Annual reports
Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
Max Group[1]
The company is a part of Max Group which has nurtured strong companies over the last 40 years like Max Life, Max asset services, Max health Insurance etc.