Max Heights Infrastructure Ltd
₹ 70.0
3.20%
04 Jul
4:01 p.m.
About
Incorporated in 1981, Maxheights Infrastructure Ltd is in the business of real estate development.
Key Points
- Market Cap ₹ 109 Cr.
- Current Price ₹ 70.0
- High / Low ₹ 76.2 / 35.2
- Stock P/E 352
- Book Value ₹ 21.2
- Dividend Yield 0.00 %
- ROCE 2.12 %
- ROE 0.94 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 3.31 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.28% over last 3 years.
- Earnings include an other income of Rs.0.69 Cr.
- Company's cost of borrowing seems high
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.71 | 3.55 | 4.61 | 5.18 | 4.06 | 3.13 | 5.90 | 3.52 | 1.98 | 5.43 | 6.04 | 22.21 | |
| 0.61 | 2.52 | 3.55 | 4.21 | 3.21 | 2.25 | 4.61 | 2.72 | 1.45 | 4.11 | 4.83 | 21.86 | |
| 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 |
| 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 | |
| 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 |
| 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 |
| 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 |
| 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 | |
| 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 |
| 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: | 268% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -14% |
| 3 Years: | 98% |
| TTM: | 48% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 31% |
| 3 Years: | 68% |
| 1 Year: | 24% |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| 2.28 | 4.88 | 1.69 | 2.66 | 2.92 | 1.65 | 6.33 | 9.77 | 11.56 | 8.55 | 9.42 | 1.31 | |
| 1.27 | 1.31 | 0.99 | 0.67 | 0.64 | 0.39 | 1.24 | 0.36 | 0.73 | 1.44 | 2.12 | 1.19 | |
| 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 |
| 0.90 | 0.78 | 0.51 | 0.87 | 0.68 | 0.50 | 0.94 | 0.80 | 0.46 | 0.35 | 1.52 | 1.29 | |
| 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 |
| 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 |
| 16.71 | 25.08 | 25.62 | 24.39 | 25.18 | 24.28 | 30.03 | 33.14 | 39.25 | 41.02 | 41.61 | 33.12 | |
| 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 |
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4h - Submission of newspaper advertisment intimating regarding the dispatch of the 43rd Notice of Annual General Meeting to be held on Friday, 26th July, 2024.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
23h - Submission of Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 issued by Skyline Financial Services Private Limited dated 3rd July, 2024.
- Reg. 34 (1) Annual Report. 1d
- Annual General Meeting Of The Company For The Financial Year Ended On 31St March, 2024 1d
- Closure of Trading Window 28 Jun
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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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.