Max Ventures and Industries Ltd
Max Ventures and Industries Ltd is primarily engaged in construction and development of residential and commercial properties and providing facility management services and managed office services.[1]
- Market Cap ₹ 3,181 Cr.
- Current Price ₹ 216
- High / Low ₹ /
- Stock P/E 141
- Book Value ₹ 86.7
- Dividend Yield 0.00 %
- ROCE 2.20 %
- ROE 1.79 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -25.5% over past five years.
- Tax rate seems low
- Company has a low return on equity of 13.0% over last 3 years.
- Earnings include an other income of Rs.27.7 Cr.
- Debtor days have increased from 27.8 to 46.9 days.
- Working capital days have increased from 941 days to 2,420 days
* 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: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
10 | 15 | 104 | 34 | 38 | 31 | 508 | 24 | |
7 | 15 | 27 | 22 | 17 | 16 | 18 | 20 | |
Operating Profit | 3 | -1 | 77 | 12 | 21 | 16 | 490 | 4 |
OPM % | 34% | -3% | 74% | 36% | 56% | 50% | 96% | 18% |
0 | 0 | 0 | 0 | 0 | 0 | -0 | 28 | |
Interest | 0 | 2 | 0 | 1 | 3 | 3 | 3 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 3 | 4 | 4 | 4 |
Profit before tax | 3 | -3 | 77 | 11 | 15 | 9 | 483 | 25 |
Tax % | 11% | 8% | 22% | 19% | 24% | 19% | 21% | 8% |
3 | -3 | 60 | 9 | 11 | 7 | 383 | 23 | |
EPS in Rs | 0.27 | -0.21 | 4.10 | 0.61 | 0.78 | 0.48 | 26.10 | 1.54 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -26% |
3 Years: | -14% |
TTM: | -95% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -18% |
3 Years: | 26% |
TTM: | -94% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 42% |
3 Years: | 18% |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 13% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 53 | 69 | 73 | 147 | 147 | 147 | 147 | 147 |
Reserves | 134 | 236 | 319 | 700 | 712 | 720 | 1,105 | 1,128 |
0 | 56 | 0 | 0 | 27 | 30 | 28 | 37 | |
3 | 11 | 7 | 9 | 11 | 11 | 32 | 14 | |
Total Liabilities | 190 | 371 | 399 | 856 | 896 | 907 | 1,312 | 1,327 |
0 | 0 | 1 | 1 | 31 | 33 | 30 | 17 | |
CWIP | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 0 |
Investments | 167 | 354 | 325 | 606 | 622 | 813 | 854 | 1,214 |
22 | 17 | 73 | 245 | 242 | 61 | 428 | 96 | |
Total Assets | 190 | 371 | 399 | 856 | 896 | 907 | 1,312 | 1,327 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
-3 | -5 | -28 | -4 | 29 | 15 | -80 | -19 | |
14 | -187 | -100 | -438 | -23 | -15 | 85 | 24 | |
0 | 181 | 128 | 445 | -4 | -4 | -4 | -5 | |
Net Cash Flow | 11 | -11 | 0 | 3 | 2 | -4 | 1 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 122 | 44 | 15 | 80 | 55 | 35 | 1 | 47 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 122 | 44 | 15 | 80 | 55 | 35 | 1 | 47 |
Working Capital Days | 74 | 282 | 210 | 1,270 | 1,795 | 379 | 24 | 2,420 |
ROCE % | -0% | 20% | 2% | 2% | 1% | 45% | 2% |
Documents
Announcements
- Corporate Action - Fixed Record Date For Identification Of Eligible Members Of Max Ventures And Industries Limited For Allotment Of Shares By Max Estates Limited. 31 Jul 2023
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
31 Jul 2023 - Approval of Composite Scheme of Amalgamation and Arrangement.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
25 Jul 2023 - Approval of Composite Scheme of Amalgamation by NCLT.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 17 Jul 2023
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Jul 2023 - Max Estates achieves pre-launch sales of INR 1,800 crores.
Annual reports
Concalls
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May 2023Transcript PPT
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Mar 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020Transcript PPT
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Nov 2019Transcript PPT
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Sep 2019TranscriptNotesPPT
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Jun 2019Transcript PPT
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Dec 2018Transcript PPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptPPT
Corporate Overview
The company primarily undertakes business in the real estate industry through its subsidiaries :-