Max Estates Limited

Web: maxestates.in NSE: MAXESTATES BSE: 544008 SECTOR: Realty - Realty | Add Note | View Notes

490 22(-5%)

Volume

28k as on 23, Jun

Open

602

High

620

Low

574

512

VWAP

449

52 Week High

653

52 Week Low

305

Viand Research Rating

Quality Score

21/100

Growth Score

90/100

Valuation Score

50/100

Momentum Score

45/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

8,017

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

Rank/Sector Rank

#621/#15

Promoter Holding

45.25%

FII Holding

25.84%

DII Holding

8.2%

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	1,64,361	664	4%	8%	14%	13%	53	30.8	0	3748
2	LODHA	1,01,440	1015	1%	3%	21%	11%	37	30.8	0.42	3431
3	PHOENIXLTD	67,043	1874	5%	2%	6%	15%	0	30.8	0.48	1557
4	PRESTIGE	62,241	1445	6%	5%	12%	13%	0	30.8	1.09	1305
5	OBEROIRLTY	59,900	1647	0%	0%	0%	0%	0	30.8	0.15	1968
6	GODREJPROP	47,121	1564	3%	4%	8%	30%	0	30.8	0.83	1841
7	BRIGADE	18,580	570	5%	8%	22%	41%	0	30.8	0.93	725
8	ANANTRAJ	17,317	481	10%	12%	0%	20%	0	30.8	0.06	298
9	SOBHA	12,763	1194	2%	1%	10%	23%	0	30.8	0.33	301
10	SIGNATURE	10,031	713	3%	3%	10%	32%	0	30.8	3.37	16
Load More

Shareholding Pattern (%)

	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023
Promoters	(0.01) 45.25%	(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	(0.01) 25.84%	(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	(0.51) 8.20%	(-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	20.69%	21.19%	21.65%	21.37%	21.36%	21.01%	21.18%	21.47%	23.02%	22.69%	20.96%
No. of Shareholders	29,722	30,720	31,336	32,113	31,058	30,079	28,378	28,172	26,305	25,073	24,640

Quarterly Results

	Jun 2026	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	19	14	13	14	14	11	8	7	15	6	6	10	7	23.31	29.28	27.44	27
Sales Growth % (YoY)	37.3%	31.3%	68.3%	88.4%	-7.4%	82.2%	33.4%	-21.3%	100.1%	-63.2%	-13.1%	-31.8%	-39.9%	-	-	-	-
Sales Growth % (QoQ)	35.7%	7.7%	-7.1%	-	27.3%	37.5%	14.3%	-53.3%	150%	-	-40%	42.9%	-70%	-20.4%	6.7%	1.6%	-
Expenses	23	21	18	19	15	15	14	11	13	12	9	9	9	15.71	22.2	19.12	19
Operating Profit	-4	-7	-4	-5	-1	-4	-6	-3	2	-6	-3	1	-2	7.6	7.08	8.32	9
OPM %	-22	-49	-32	-35	-10	-35	-78	-42	14	-96	-58	5	-25	32.6	24.18	30.32	32
Other Income	27	27	29	27	44	29	31	292	14	14	10	12	12	5.41	6.36	5.93	6
Interest	3	2	1	1	1	1	1	2	5	4	4	3	3	5.1	4.53	5.45	4
Depreciation	2	2	2	2	2	2	2	2	2	2	1	1	1	3.72	3.45	3.86	4
Profit before tax	19	17	22	19	39	23	22	285	9	3	2	8	5	4.19	5.46	4.94	8
Tax %	35	52	32	39	25	33	24	15	20	-34	-23	26	-120	-9.79	28.94	26.32	15
Net Profit	12	8	15	12	29	15	17	242	7	4	2	6	11	4.6	3.88	3.65	6
Net Profit Growth % (QoQ)	50%	-46.7%	25%	-58.6%	93.3%	-11.8%	-93%	3357.1%	75%	100%	-66.7%	-45.5%	139.1%	18.6%	6.3%	-39.2%	-
Net Profit Growth % (YoY)	-58.6%	-46.7%	-11.8%	-95%	314.3%	275%	750%	3933.3%	-36.4%	-13%	-48.5%	64.4%	83.3%	-	-	-	-
TTM Net Profit	47	64	71	73	303	281	270	255	19	23	23.6	25.48	23.13	18.13	13.53	9.65	0
EPS in Rs	0.74	0.49	0.92	0.72	1.82	0.94	1.04	15.01	0.5	0.28	0.15	0.38	0	0	0	0	0

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Sales	55	41	29	49	39	19	11	37
Sales Growth %	35%	39.9%	-40.4%	26.4%	108.4%	69.4%	-70.3%	-
Expenses	73	52	39	49	35	29	18	52
Operating Profit	-17	-11	-10	0	4	-11	-7	-15
OPM %	-31	-27	-34	0.4	9	-57	-63	-40
Other Income	126	366	47	50	10	11	2	1
Interest	6	9	14	11	7	12	8	5
Depreciation	7	7	5	5	1	1	0	0
Profit before tax	96	339	18	33	5	-12	-12	-19
Tax %	34	17	-32	2	0	0	0	0
Net Profit	64	281	23	33	5	-12	-12	-19
Net Profit Growth %	-77.2%	1121.7%	-30.3%	560%	141.7%	-	36.8%	-
EPS in Rs	3.89	17.45	1.58	0	0	0	0	0
Dividend Payout %	0	0	0	0	0	0	0	0

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	-208	-49	-36	-20	6	6	-24	9
Cash from Investing Activity	-62	-606	60	-104	4	-49	-168	-352
Cash from Financing Activity	269	654	-24	125	-13	45	243	346
Net Cash Flow	0	-1	0	1	-2	2	51	3

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Equity Capital	163	161	161	161	147	0	78	78	78	68
Reserves	2390	2139	2200	2042	1112	1234	528	521	331	325
Borrowings	216	2098	52	1358	208	205	65	71	218	98
Other Liabilities	42	5765	77	2780	62	32	18	18	16	60
Total Liabilities	2811	10163	2490	6340	1529	1471	688	689	643	552
Fixed Assets	15	2827	16	1887	90	93	76	75	59	44
CWIP	0	0	0	0	0	0	0	0	0	0
Investments	2076	724	1490	369	1151	1109	500	497	473	320
Other Assets	720	6612	984	4084	288	269	113	116	111	188
Total Assets	2811	10163	2490	6340	1529	1471	688	689	643	552

Delivery

Delivery Data: MAXESTATES

#	Date	420 55% 653	Value (Cr)	Q/T 31	Del 52	Del 18
1	21-Oct	494	5	30	59	3
2	19-Oct	512	3	25	57	2
3	16-Oct	526	2	15	61	1
4	15-Oct	536	1	19	57	1
5	14-Oct	545	1	11	49	1
6	13-Oct	547	2	15	52	1
7	12-Oct	532	3	18	56	2
8	9-Oct	530	2	13	48	1
9	8-Oct	532	4	16	46	2
10	7-Oct	550	3	16	54	2
11	6-Oct	565	6	16	31	2
12	5-Oct	563	4	13	51	2
13	1-Oct	566	5	14	52	3
14	30-Sep	587	6	15	50	3
15	29-Sep	569	5	16	44	2
16	28-Sep	572	5	16	47	3
17	25-Sep	595	9	22	41	4
18	24-Sep	617	87	23	20	17
19	23-Sep	603	3	18	51	2
20	22-Sep	595	7	26	62	5
21	21-Sep	598	19	28	56	11
22	18-Sep	594	12	51	84	10
23	17-Sep	578	7	18	48	3
24	16-Sep	572	7	32	70	5
25	15-Sep	569	14	45	73	10
26	11-Sep	560	6	25	64	4
27	10-Sep	560	7	38	80	5
28	9-Sep	546	3	29	71	2
29	8-Sep	538	3	26	69	2
30	7-Sep	543	4	29	71	3
31	4-Sep	542	6	29	71	4
32	3-Sep	531	8	26	62	5
33	2-Sep	521	10	29	56	5
34	1-Sep	503	10	25	54	5
35	31-Aug	512	47	34	55	26
36	28-Aug	539	8	31	66	6
37	27-Aug	558	14	21	62	9
38	26-Aug	558	36	40	57	21
39	25-Aug	556	19	21	40	8
40	24-Aug	549	107	43	33	35
41	21-Aug	495	5	18	56	3
42	20-Aug	500	10	23	52	5
43	19-Aug	490	23	26	38	9
44	18-Aug	478	16	25	41	7
45	17-Aug	474	37	31	34	12
46	14-Aug	442	4	27	59	3
47	13-Aug	440	10	23	50	5

Daily Market Cap

Date	Total Market Cap	Change	Chg %
21-Oct	8,017c	358c	4.28
19-Oct	8,375c	149c	1.75
17-Oct	8,524c	0	0
16-Oct	8,524c	211c	2.42
15-Oct	8,735c	232c	2.58
14-Oct	8,967c	19c	0.21
13-Oct	8,948c	270c	3.11
12-Oct	8,678c	43c	0.49
09-Oct	8,635c	131c	1.49
08-Oct	8,766c	564c	6.05
05-Oct	9,331c	93c	0.99
01-Oct	9,424c	205c	2.22
29-Sep	9,219c	149c	1.59
28-Sep	9,368c	520c	5.26
25-Sep	9,888c	463c	4.47
24-Sep	10,351c	563c	5.75
22-Sep	9,789c	338c	3.57
17-Sep	9,451c	601c	6.79
10-Sep	8,850c	76c	0.87
07-Sep	8,774c	0	0

Stock Checklist

Price is above from 52 week high low average: 53%

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: NO

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 24 fund scheme(s) across 6 fund house(s) as of Oct26 · Total value ₹1,595 Cr · 22 increasing / 0 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Invesco Mutual Fund	10	0.58%	+0.12%	554.9
Nippon India Mutual Fund	4	0.18%	+0.02%	355.8
Kotak Mahindra Mutual Fund	2	0.78%	+0.12%	299.1
Bandhan Mutual Fund	4	0.26%	+0.04%	282.2
quant Mutual Fund	2	0.15%	+0.14%	102.8
Motilal Oswal Mutual Fund	2	0.02%	+0.01%	0

Max Estates Limited

Price Chart

Price Performance

Moving Average

PIVOT LEVEL

Competitors/Peers

Shareholding Pattern (%)

Quarterly Results

Profit and Loss

Cash Flows

Balance Sheet

Delivery

Daily Market Cap

Stock Checklist

Mutual Fund Holdings

Strategy Builder

Bulk Deals

Events

News

Exchange Filings

Annual Reports

Ratings & Research Reports

Concalls

Announcements