Max Estates Ltd

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

Max Estates Ltd

₹ 501 0.76%
21 Nov - 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 ₹ 8,043 Cr.
  • Current Price ₹ 501
  • High / Low ₹ 699 / 245
  • Stock P/E
  • Book Value ₹ 137
  • Dividend Yield 0.00 %
  • ROCE 0.46 %
  • ROE -1.39 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.66 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -4.16%
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.34.7 Cr.

* 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

Part of BSE Allcap BSE Consumer Discretionary BSE SmallCap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
27.32 27.44 29.28 23.31 18.28 20.49 24.17 30.01 40.49 40.18
18.64 19.12 22.20 15.71 15.13 19.92 17.90 22.20 25.26 31.64
Operating Profit 8.68 8.32 7.08 7.60 3.15 0.57 6.27 7.81 15.23 8.54
OPM % 31.77% 30.32% 24.18% 32.60% 17.23% 2.78% 25.94% 26.02% 37.61% 21.25%
6.24 5.93 6.36 5.41 -39.28 7.29 6.30 8.55 7.21 12.60
Interest 3.54 5.45 4.53 5.10 4.38 10.52 13.88 14.21 16.55 13.94
Depreciation 3.88 3.86 3.45 3.72 3.69 6.37 6.89 8.45 8.77 8.41
Profit before tax 7.50 4.94 5.46 4.19 -44.20 -9.03 -8.20 -6.30 -2.88 -1.21
Tax % 15.33% 26.32% 28.94% -9.79% -13.19% -49.94% -8.41% -24.92% -30.56% 14.05%
6.35 3.65 3.88 4.60 -38.37 -4.51 -7.51 -4.73 -2.00 -1.38
EPS in Rs 0.01 -0.21 -0.10 0.11 0.13
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 TTM
69 107 93 135
39 76 75 97
Operating Profit 31 32 18 38
OPM % 44% 30% 19% 28%
5 24 -17 35
Interest 16 19 43 59
Depreciation 11 15 25 33
Profit before tax 8 22 -68 -19
Tax % 42% 16% -19%
5 18 -55 -16
EPS in Rs -2.87 -0.07
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 48%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -185%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 63%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 78 0.00 147 161
Reserves 531 1,211 1,024 2,042
315 862 962 1,358
101 144 961 2,780
Total Liabilities 1,025 2,216 3,094 6,340
898 1,427 1,826 1,887
CWIP 0 0 0 0
Investments 13 160 93 369
114 629 1,175 4,084
Total Assets 1,025 2,216 3,094 6,340

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
41 -456 271
-121 -52 -292
78 521 234
Net Cash Flow -2 13 213

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 10 20 31
Inventory Days 271 6,553
Days Payable 197 458
Cash Conversion Cycle 85 6,115 31
Working Capital Days 62 1,251 377
ROCE % 2% 0%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2023Mar 2024Jun 2024Sep 2024
49.51% 49.51% 49.42% 45.26%
29.53% 27.61% 27.54% 27.55%
0.01% 0.20% 0.03% 5.72%
20.96% 22.69% 23.02% 21.47%
No. of Shareholders 24,64025,07326,30528,172

* 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.

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