Max Estates Ltd

Max Estates Ltd

₹ 486 0.65%
03 Jul 1:51 p.m.
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.

  • Market Cap 7,160 Cr.
  • Current Price 486
  • High / Low 500 / 243
  • Stock P/E
  • Book Value 79.6
  • Dividend Yield 0.00 %
  • ROCE 0.87 %
  • ROE -0.89 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 6.13 times its book value
  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost

* 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

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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
27.32 27.44 29.28 23.31 18.28 20.49 24.17 30.01
18.64 19.12 22.20 15.71 15.13 19.92 17.90 22.20
Operating Profit 8.68 8.32 7.08 7.60 3.15 0.57 6.27 7.81
OPM % 31.77% 30.32% 24.18% 32.60% 17.23% 2.78% 25.94% 26.02%
6.24 5.93 6.36 5.41 -39.28 7.29 6.30 8.55
Interest 3.54 5.45 4.53 5.10 4.38 10.52 13.88 14.21
Depreciation 3.88 3.86 3.45 3.72 3.69 6.37 6.89 8.45
Profit before tax 7.50 4.94 5.46 4.19 -44.20 -9.03 -8.20 -6.30
Tax % 15.33% 26.32% 28.94% -9.79% 13.19% 49.94% 8.41% 24.92%
6.35 3.65 3.88 4.60 -38.37 -4.51 -7.51 -4.73
EPS in Rs 0.01 -0.21 -0.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
69 107 93
39 76 75
Operating Profit 31 32 18
OPM % 44% 30% 19%
5 24 -17
Interest 16 19 43
Depreciation 11 15 25
Profit before tax 8 22 -68
Tax % 42% 16% 19%
5 18 -55
EPS in Rs -2.87
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -13%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -160%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
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
Equity Capital 78 0 147
Reserves 531 1,211 1,024
315 862 962
101 144 969
Total Liabilities 1,025 2,216 3,101
898 1,427 1,826
CWIP 0 0 0
Investments 13 160 93
114 629 1,183
Total Assets 1,025 2,216 3,101

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
41 -456 271
-121 -50 -292
78 521 234
Net Cash Flow -2 15 213

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 1,382 730
ROCE % 2%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2023Mar 2024
49.51% 49.51%
29.53% 27.61%
0.01% 0.20%
20.96% 22.69%
No. of Shareholders 24,64025,073

* 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.

Click on the line-items to see the names of individual entities.

Documents