Max Heights Infrastructure Ltd

Max Heights Infrastructure Ltd

₹ 29.8 1.22%
23 Dec - close price
About

Incorporated in 1981, Maxheights Infrastructure Ltd is in the business of real estate development.

Key Points

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.

  • Market Cap 46.6 Cr.
  • Current Price 29.8
  • High / Low 76.2 / 24.3
  • Stock P/E 186
  • Book Value 21.1
  • Dividend Yield 0.00 %
  • ROCE 2.01 %
  • ROE 0.85 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.25% over last 3 years.

* 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: Construction Industry: Construction

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.57 2.38 1.43 1.56 1.72 1.37 1.39 3.94 10.08 0.71 7.47 0.18 3.12
0.54 1.52 1.34 1.20 1.40 1.14 1.07 4.44 9.22 0.75 7.44 0.14 3.15
Operating Profit 0.03 0.86 0.09 0.36 0.32 0.23 0.32 -0.50 0.86 -0.04 0.03 0.04 -0.03
OPM % 5.26% 36.13% 6.29% 23.08% 18.60% 16.79% 23.02% -12.69% 8.53% -5.63% 0.40% 22.22% -0.96%
0.44 0.54 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.66 0.00 0.01
Interest 0.01 0.01 0.31 0.04 0.29 0.01 0.49 0.13 0.15 0.03 0.08 0.01 0.01
Depreciation 0.03 0.03 0.03 0.03 0.03 0.03 0.07 0.07 0.07 0.07 0.04 0.01 0.09
Profit before tax 0.43 1.36 -0.25 0.29 0.00 0.19 -0.24 -0.70 0.65 -0.11 0.57 0.02 -0.12
Tax % 0.00% 0.00% 100.00% 0.00% 0.00% 12.50% 0.00% 0.00% 0.00% 19.30% 0.00% 0.00%
0.44 1.36 -0.49 0.29 0.00 0.19 -0.27 -0.70 0.66 -0.11 0.46 0.02 -0.12
EPS in Rs 0.28 0.87 -0.31 0.19 0.00 0.12 -0.17 -0.45 0.42 -0.07 0.29 0.01 -0.08
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1.71 3.55 4.61 5.18 4.06 3.13 5.90 3.52 1.98 5.43 6.04 22.21 11.48
0.61 2.52 3.55 4.21 3.21 2.25 4.61 2.72 1.45 4.11 4.83 21.86 11.48
Operating Profit 1.10 1.03 1.06 0.97 0.85 0.88 1.29 0.80 0.53 1.32 1.21 0.35 0.00
OPM % 64.33% 29.01% 22.99% 18.73% 20.94% 28.12% 21.86% 22.73% 26.77% 24.31% 20.03% 1.58%
-0.01 0.01 0.01 0.00 0.11 0.00 0.00 0.00 2.41 0.98 0.00 0.69 0.70
Interest 0.20 0.35 0.30 0.01 0.10 0.15 0.22 0.20 0.36 0.37 0.82 0.38 0.13
Depreciation 0.12 0.12 0.12 0.14 0.18 0.18 0.18 0.13 0.13 0.11 0.15 0.23 0.21
Profit before tax 0.77 0.57 0.65 0.82 0.68 0.55 0.89 0.47 2.45 1.82 0.24 0.43 0.36
Tax % 32.47% 31.58% 26.15% 30.49% 30.88% 20.00% 25.84% 23.40% 15.51% 13.74% 12.50% 25.58%
0.53 0.40 0.48 0.57 0.47 0.44 0.66 0.36 2.06 1.57 0.21 0.31 0.25
EPS in Rs 0.37 0.28 0.31 0.37 0.30 0.28 0.42 0.23 1.32 1.01 0.13 0.20 0.15
Dividend Payout % 0.00% 0.00% 65.04% 13.69% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 20%
5 Years: 30%
3 Years: 124%
TTM: -32%
Compounded Profit Growth
10 Years: -4%
5 Years: -16%
3 Years: 91%
TTM: 308%
Stock Price CAGR
10 Years: -5%
5 Years: 19%
3 Years: 19%
1 Year: -41%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 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 15.61
Reserves 1.52 8.18 10.74 11.22 11.69 12.13 12.79 13.20 15.30 16.88 17.09 17.40 17.30
2.28 4.88 1.69 2.66 2.92 1.65 6.33 9.77 11.56 8.55 9.42 1.31 2.24
1.27 1.31 0.99 0.67 0.64 0.39 1.24 0.36 0.73 1.44 2.12 1.19 0.16
Total Liabilities 19.21 28.51 29.03 30.16 30.86 29.78 35.97 38.94 43.20 42.48 44.24 35.51 35.31
0.90 0.78 0.51 0.87 0.68 0.50 0.94 0.80 0.46 0.35 1.52 1.29 1.19
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 0.00
Investments 1.60 2.65 2.90 4.90 5.00 5.00 5.00 5.00 3.49 1.11 1.11 1.10 1.15
16.71 25.08 25.62 24.39 25.18 24.28 30.03 33.14 39.25 41.02 41.61 33.12 32.97
Total Assets 19.21 28.51 29.03 30.16 30.86 29.78 35.97 38.94 43.20 42.48 44.24 35.51 35.31

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4.36 -8.35 -0.62 2.36 -0.86 -0.44 -3.36 -4.83 -5.21 -0.80 1.92 8.04
-1.36 -1.01 0.27 -1.80 0.45 0.71 0.11 0.51 4.51 3.48 -1.25 0.35
4.94 8.51 0.31 0.77 0.16 -1.39 4.43 3.22 1.49 -3.37 0.05 -8.49
Net Cash Flow -0.78 -0.85 -0.04 1.33 -0.24 -1.11 1.17 -1.10 0.79 -0.70 0.71 -0.10

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 8.71 7.75 10.79 24.49 10.52 21.78 38.71 14.12 1.81 0.49
Inventory Days 21,139.58 3,999.55 2,250.41 1,719.17 4,033.56 3,374.18 326.60
Days Payable 30.42 0.00 0.00 7.56 13.40 6.44 0.00
Cash Conversion Cycle 21,143.32 4,012.92 2,259.12 1,719.36 10.79 24.49 10.52 21.78 38.71 4,034.27 3,369.56 327.09
Working Capital Days 3,054.47 2,417.23 1,938.22 1,559.35 2,083.92 2,770.73 1,697.56 3,372.10 6,931.31 2,639.02 2,323.55 509.46
ROCE % 6.49% 4.08% 3.40% 2.89% 2.61% 2.35% 3.46% 1.83% 0.99% 2.90% 2.55% 2.01%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
52.43% 52.76% 52.78% 52.78% 52.78% 52.78% 52.78% 52.78% 52.78% 52.78% 52.78% 52.78%
47.57% 47.24% 47.22% 47.22% 47.22% 47.23% 47.21% 47.21% 47.22% 47.23% 47.22% 47.23%
No. of Shareholders 7988418858929031,5211,5401,5571,5071,5771,3061,314

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