Max Estates Limited

Web: maxestates.in NSE: MAXESTATES BSE: 544008 SECTOR: Realty - Realty

384 8(-2%)

Volume

28k as on 23, Jun

Open

602

High

620

Low

574

392

VWAP

449

52 Week High

564

52 Week Low

305

Viand Research Rating

Quality Score

17/100

Growth Score

90/100

Valuation Score

50/100

Momentum Score

20/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

6,279

No. of Shares

16.4

P/E

494.77

P/B

7.59

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

1.53

ROCE

Profit Growth

Listing Date

30-Oct-23

Promoter Holding

45.27%

FII Holding

25.88%

DII Holding

7.65%

Price Chart

Price Performance

1 Week3%

1 Month3%

3 Months30%

6 Months16%

1 Year16%

YTD16%

Moving Average

5 Day SMA454

10 Day SMA447

20 Day SMA446

30 Day SMA433

50 Day SMA419

61 Day SMA405

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	472	461	468	470
Resistance 2	468	460	465	467
Resistance 1	463	460	463	461
Pivot Point	459	459	459	458
Support 1	455	458	456	452
Support 2	450	457	454	449
Support 3	446	456	450	443

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	DLF	1,59,361	644	1%	4%	6%	23%	53	33.6	0.01	4415
2	LODHA	1,15,093	1152	0%	25%	23%	13%	37	33.6	0.42	3431
3	PHOENIXLTD	72,851	2037	4%	10%	16%	42%	0	33.6	0.48	1557
4	PRESTIGE	70,213	1630	1%	10%	17%	5%	0	33.6	1.09	1305
5	OBEROIRLTY	66,067	1817	2%	9%	25%	5%	0	33.6	0.16	2507
6	GODREJPROP	61,543	2043	1%	16%	28%	10%	0	33.6	0.83	1841
7	ANANTRAJ	21,089	586	8%	16%	15%	10%	0	33.6	0.12	557
8	BRIGADE	17,189	527	3%	2%	30%	48%	0	33.6	0.93	725
9	SOBHA	14,639	1369	4%	1%	6%	14%	0	33.6	0.22	193
10	SIGNATURE	10,805	768	7%	1%	12%	36%	0	33.6	1.61	1095
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023
Promoters	(0.41) 45.27%	(-0.31) 44.90%	(0.01) 45.23%	(0.01) 45.24%	(0.01) 45.25%	(0.01) 45.25%	(-4.21) 45.26%	(-0.11) 49.42%	(0.01) 49.51%	(0.01) 49.51%
FIIs	(0.21) 25.88%	(-0.91) 25.67%	(-0.51) 26.60%	(-0.31) 27.13%	(-0.41) 27.43%	(0.21) 27.78%	(0.01) 27.55%	(-0.11) 27.54%	(-1.91) 27.61%	(0.01) 29.53%
DIIs	(-0.11) 7.65%	(1.01) 7.78%	(0.51) 6.80%	(0.01) 6.27%	(0.51) 6.30%	(0.11) 5.79%	(5.71) 5.72%	(-0.21) 0.03%	(0.21) 0.20%	(0.01) 0.01%
Public	21.19%	21.65%	21.37%	21.36%	21.01%	21.18%	21.47%	23.02%	22.69%	20.96%
No. of Shareholders	30,720	31,336	32,113	31,058	30,079	28,378	28,172	26,305	25,073	24,640

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022
Sales	49.43	49.77	48.77	51.47	39.78	40.04	40.18	40.49	30.01	24.17	20.49	18.28	23.31	29.28	27.44	27
Sales Growth % (YoY)	24.3%	24.3%	21.4%	27.1%	32.6%	65.7%	96.1%	121.5%	28.7%	-17.4%	-25.3%	-33.1%	-	-	-	-
Sales Growth % (QoQ)	-0.7%	2.1%	-5.2%	29.4%	-0.6%	-0.3%	-0.8%	34.9%	24.2%	18%	12.1%	-21.6%	-20.4%	6.7%	1.6%	-
Expenses	52.63	46.84	38.68	37.56	30.72	28.47	31.64	25.26	22.2	17.9	19.92	15.13	15.71	22.2	19.12	19
Operating Profit	-3.2	2.93	10.09	13.91	9.06	11.57	8.54	15.23	7.81	6.27	0.57	3.15	7.6	7.08	8.32	9
OPM %	-6.47	5.89	20.69	27.03	22.78	28.9	21.25	37.61	26.02	25.94	2.78	17.23	32.6	24.18	30.32	32
Other Income	21.15	21.68	25.86	28.66	37.52	31.85	12.6	7.21	8.55	6.3	7.29	-39.28	5.41	6.36	5.93	6
Interest	16.19	15.63	16.28	17.32	16.55	14.83	13.94	16.55	14.21	13.88	10.52	4.38	5.1	4.53	5.45	4
Depreciation	7.93	8.02	8.04	8.41	8.76	8.16	8.41	8.77	8.45	6.89	6.37	3.69	3.72	3.45	3.86	4
Profit before tax	-6.17	0.96	11.63	16.84	21.27	20.43	-1.21	-2.88	-6.3	-8.2	-9.03	-44.2	4.19	5.46	4.94	8
Tax %	-33.87	96.88	32.85	29.1	34.23	22.61	14.05	-30.56	-24.92	-8.41	-49.94	-13.19	-9.79	28.94	26.32	15
Net Profit	-4.08	0.02	7.82	11.94	13.99	15.82	-1.38	-2	-4.73	-7.51	-4.51	-38.37	4.6	3.88	3.65	6
Net Profit Growth % (QoQ)	-20500%	-99.7%	-34.5%	-14.7%	-11.6%	1246.4%	31%	57.7%	37%	-66.5%	88.2%	-934.1%	18.6%	6.3%	-39.2%	-
Net Profit Growth % (YoY)	-129.2%	-99.9%	666.7%	697%	395.8%	310.7%	69.4%	94.8%	-202.8%	-293.6%	-223.6%	-739.5%	-	-	-	-
TTM Net Profit	15.7	33.77	49.57	40.37	26.43	7.71	-15.62	-18.75	-55.12	-45.79	-34.4	-26.24	18.13	13.53	9.65	0
EPS in Rs	-0.31	-0.07	0.45	0.71	1.08	1.23	0.13	0.11	-0.1	-0.21	0.01	0	0	0	0	0

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Sales	199	160	93	107	69
Sales Growth %	24.3%	72.7%	-13.4%	54.9%	-
Expenses	176	116	75	76	39
Operating Profit	24	44	18	32	31
OPM %	12	28	19	30	44
Other Income	97	89	-17	24	5
Interest	65	62	43	19	16
Depreciation	32	34	25	15	11
Profit before tax	23	38	-68	22	8
Tax %	33	30	-19	16	42
Net Profit	16	26	-55	18	5
Net Profit Growth %	-38.5%	147.3%	-405.6%	260%	-
EPS in Rs	0.77	2.53	-2.87	0	0
Dividend Payout %	0	0	0	0	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Cash from Operating Activity	-616	225	271	-456	41
Cash from Investing Activity	-291	-1993	-292	-52	-121
Cash from Financing Activity	879	1766	234	521	78
Net Cash Flow	-28	-2	213	13	-2

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022
Equity Capital	163	161	161	161	147	0	78
Reserves	2256	2139	2117	2042	1024	1211	531
Borrowings	2412	2098	1656	1358	999	862	315
Other Liabilities	7605	5765	3295	2780	924	144	101
Total Liabilities	12437	10163	7229	6340	3094	2216	1025
Fixed Assets	2523	2827	2047	1887	1826	1427	898
CWIP	0	0	0	0	0	0	0
Investments	385	724	587	369	93	160	13
Other Assets	9529	6612	4596	4084	1175	629	114
Total Assets	12437	10163	7229	6340	3094	2216	1025

Delivery

#	Date	387 27% 492	Value (Cr)	Q/T 51	Del 54	Del 18
1	22-Jul	392	5	21	51	3
2	21-Jul	399	3	27	69	2
3	20-Jul	402	3	20	53	2
4	17-Jul	410	7	31	55	4
5	16-Jul	419	2	21	66	1
6	15-Jul	428	2	22	53	1
7	14-Jul	431	5	33	69	3
8	13-Jul	445	2	14	51	1
9	10-Jul	450	39	92	90	35
10	9-Jul	440	2	16	47	1
11	8-Jul	432	4	15	36	1
12	7-Jul	443	16	17	32	5
13	6-Jul	476	49	34	21	10
14	3-Jul	433	19	27	18	3
15	2-Jul	421	2	18	66	1
16	1-Jul	423	7	50	62	4
17	30-Jun	428	1	14	52	1
18	29-Jun	424	3	13	53	1
19	25-Jun	444	1	16	70	1
20	24-Jun	441	2	23	67	1
21	23-Jun	443	1	13	52	1
22	22-Jun	459	2	19	63	1
23	19-Jun	453	2	22	60	1
24	18-Jun	454	2	23	70	1
25	17-Jun	460	3	26	57	1
26	16-Jun	457	5	17	54	3
27	15-Jun	436	2	18	57	1
28	12-Jun	432	1	24	49	1
29	11-Jun	429	2	16	51	1
30	10-Jun	442	2	27	66	1
31	9-Jun	442	1	33	55	0
32	8-Jun	437	1	19	69	1
33	5-Jun	444	2	24	62	1
34	4-Jun	441	2	11	21	0
35	3-Jun	450	3	25	56	2
36	2-Jun	445	1	15	63	1
37	1-Jun	450	3	16	47	1
38	29-May	444	6	20	65	4
39	27-May	453	5	21	59	3
40	26-May	449	5	30	53	2
41	25-May	438	6	22	39	2
42	22-May	429	8	40	52	4
43	21-May	410	1	17	63	0
44	20-May	406	2	28	63	1
45	19-May	406	2	21	58	1
46	18-May	393	3	32	68	2
47	15-May	405	2	17	45	1
48	14-May	407	4	30	50	2

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	6,279c	114c	1.78
22-Jul	6,393c	147c	2.25
21-Jul	6,540c	156c	2.33
17-Jul	6,696c	93c	1.37
16-Jul	6,789c	253c	3.60
15-Jul	7,043c	70c	0.98
14-Jul	7,112c	228c	3.11
13-Jul	7,340c	139c	1.86
10-Jul	7,479c	290c	4.04
09-Jul	7,189c	81c	1.14
08-Jul	7,108c	228c	3.11
07-Jul	7,336c	329c	4.29
06-Jul	7,665c	789c	11.47
02-Jul	6,876c	121c	1.73
30-Jun	6,997c	164c	2.28
29-Jun	7,161c	83c	1.14
26-Jun	7,243c	11c	0.16
25-Jun	7,255c	43c	0.59
24-Jun	7,212c	24c	0.33
23-Jun	7,236c	211c	2.83
22-Jun	7,447c	8c	0.11
19-Jun	7,439c	16c	0.22
18-Jun	7,455c	98c	1.30
17-Jun	7,553c	131c	1.76
16-Jun	7,422c	243c	3.38
15-Jun	7,180c	146c	2.08
12-Jun	7,033c	7c	0.09
11-Jun	7,027c	227c	3.13
10-Jun	7,254c	0	0

Stock Checklist

Price is below from 52 week high low average: 39%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: YES

Mutual Fund Holdings

Held by 26 fund scheme(s) across 7 fund house(s) as of Jul26 · Total value ₹1,001 Cr · 0 increasing / 0 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Invesco Mutual Fund	10	0.49%	-	372.7
Nippon India Mutual Fund	4	0.16%	-	237.1
Kotak Mahindra Mutual Fund	2	0.55%	+0.01%	205.6
Bandhan Mutual Fund	4	0.22%	-	185.8
Motilal Oswal Mutual Fund	2	0.01%	-	0
Angel One Mutual Fund	2	0.00%	-	0
Mirae Asset Mutual Fund	2	0.00%	-	0

Max Estates Limited

Price Chart

Price Performance

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PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

Balance Sheet

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