Max Estates Ltd

Max Estates Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Max Estates Ltd

₹ 297 2.49%
26 Apr - close price
maxestates.in BSE: 544008 NSE : MAXESTATES
About

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

Key Points

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.

Website BSE NSE
  • Market Cap ₹ 4,368 Cr.
  • Current Price ₹ 297
  • High / Low ₹ 340 / 243
  • Stock P/E 248
  • Book Value ₹ 79.8
  • Dividend Yield 0.00 %
  • ROCE 1.88 %
  • ROE 1.94 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 3.72 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.23.9 Cr.
  • Working capital days have increased from 722 days to 1,382 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

Sector: Realty Industry: Construction

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
27.32 27.44 29.28 18.28 20.49 24.17
18.64 19.12 22.20 15.13 19.92 17.90
Operating Profit 8.68 8.32 7.08 3.15 0.57 6.27
OPM % 31.77% 30.32% 24.18% 17.23% 2.78% 25.94%
6.24 5.93 6.36 -39.28 7.29 6.30
Interest 3.54 5.45 4.53 4.38 10.52 13.88
Depreciation 3.88 3.86 3.45 3.69 6.37 6.89
Profit before tax 7.50 4.94 5.46 -44.20 -9.03 -8.20
Tax % 15.33% 26.32% 28.94% 13.19% 49.94% 8.41%
6.35 3.65 3.88 -38.37 -4.51 -7.51
EPS in Rs 0.01 -0.21
Raw PDF
Upcoming result date: 22 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
69 107
39 76
Operating Profit 31 32
OPM % 44% 30%
5 24
Interest 16 19
Depreciation 11 15
Profit before tax 8 22
Tax % 42% 16%
5 18
EPS in Rs
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 55%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 260%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 78 0 147
Reserves 531 1,211 1,028
315 862 964
101 144 609
Total Liabilities 1,025 2,216 2,748
898 1,427 1,758
CWIP 0 0 0
Investments 13 160 122
114 629 869
Total Assets 1,025 2,216 2,748

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
41 -456
-121 -50
78 521
Net Cash Flow -2 15

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 10 20
Inventory Days 271 6,553
Days Payable 197 458
Cash Conversion Cycle 85 6,115
Working Capital Days 62 1,382
ROCE % 2%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024
49.51% 49.51%
29.53% 27.61%
0.01% 0.20%
20.96% 22.69%
No. of Shareholders 24,64025,073

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

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