Max Estates Share Price

452.60-1.55 (-0.35%)

Closed
As On: 19 Jun, 2026, 03:42 PM IST
As On: 19 Jun, 2026, 03:42 PM IST

Sector: Real Estate
Industry: Real Estate

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Open	449.60
High	457.80
Low	443.20
Prev Close	454.15
Volume	42,741
VWAP(₹)	448.53

Share Price	Value
Today/Current/Last	452.60459.10
Previous Day	454.15454.30

Max Estates Share Recommendations

Mean recosCurrent

STRONG BUY

4 Analysts

Strong
SellSellHoldBuyStrong
Buy

Analyst Trends

Ratings	Current	1W Ago	1M Ago	3M Ago
Strong Buy	2	2	2	2
Buy	2	2	2	2
Hold	-	-	-	-
Sell	-	-	-	-
Strong Sell	-	-	-	-
# Analysts	4	4	4	4

View all Stock Recommendations

News & Analysis

Max Estates targets Rs 1,200 crore revenue from the next phase of Gurugram project
News
From expressways to airports: How infrastructure is reshaping real estate demand in India
News
Adobe takes 1.58 lakh sq ft office space in Noida amid airport-led commercial boom
News
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Announcements

View all Max Estates Share News & Announcements

Share Analysis

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Financials

Income (P&L)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025
Total Income	70.59	71.45	74.63	80.13	77.30
Total Income Growth (%)	-1.21	-4.27	-6.86	3.65	7.52
Total Expenses	60.57	54.87	46.73	45.97	39.48
Total Expenses Growth (%)	10.39	17.41	1.65	16.43	7.78
EBIT	10.02	16.58	27.90	34.16	37.82
EBIT Growth (%)	-39.57	-40.57	-18.31	-9.69	7.26
Profit after Tax (PAT)	-4.08	0.03	7.27	11.45	17.34
PAT Growth (%)	0.00	-99.65	-36.54	-33.99	-12.17
EBIT Margin (%)	14.20	23.21	37.39	42.63	48.93
Net Profit Margin (%)	-5.78	0.04	9.73	14.29	22.43
Basic EPS (₹)	-0.26	0.00	0.49	0.74	0.90

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025
Total Income	41.56	42.38	41.05	57.27	40.25
Total Income Growth (%)	-1.94	3.23	-28.32	42.30	2.72
Total Expenses	22.99	19.35	20.67	16.94	16.28
Total Expenses Growth (%)	18.80	-6.38	22.04	4.09	2.42
EBIT	18.57	23.03	20.38	40.33	23.97
EBIT Growth (%)	-19.37	12.99	-49.47	68.25	2.92
Profit after Tax (PAT)	7.96	14.87	11.52	29.25	15.17
PAT Growth (%)	-46.44	29.09	-60.63	92.88	-9.76
EBIT Margin (%)	44.68	54.33	49.64	70.42	59.56
Net Profit Margin (%)	19.16	35.08	28.05	51.07	37.68
Basic EPS (₹)	0.47	0.92	0.72	1.82	0.98

	FY 2026	FY 2025	FY 2024
Total Revenue	296.80	249.67	120.27
Total Revenue Growth (%)	18.88	107.59	-8.39
Total Expenses	273.55	212.05	143.56
Total Expenses Growth (%)	29.00	47.71	31.47
Profit after Tax (PAT)	15.69	40.81	-42.16
PAT Growth (%)	-61.55	-	-321.74
Operating Profit Margin (%)	44.45	61.99	21.19
Net Profit Margin (%)	7.86	25.42	-45.36
Basic EPS (₹)	0.97	1.70	-3.75

	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Revenue	182.27	407.05	76.37	98.85	49.48
Total Revenue Growth (%)	-55.22	432.99	-22.74	99.79	68.11
Total Expenses	85.87	68.04	58.73	65.58	44.21
Total Expenses Growth (%)	26.21	15.86	-10.45	48.33	6.31
Profit after Tax (PAT)	63.60	280.90	23.32	32.75	5.26
PAT Growth (%)	-77.36	1,104.54	-28.80	522.17	-
Operating Profit Margin (%)	184.43	846.39	108.10	90.47	32.10
Net Profit Margin (%)	114.64	683.48	79.39	66.44	13.49
Basic EPS (₹)	3.93	18.10	1.59	2.23	0.67

All figures in Rs Cr, unless mentioned otherwise

Insights

Employee & Interest Expense
Company has spent 32.8% of its operating revenues towards interest expenses and 16.67% towards employee cost in the year ending Mar 31, 2026. (Source: Consolidated Financials)

View Details

Balance Sheet

Annual	FY 2026	FY 2025	FY 2024
Total Assets	12,437.20	7,246.05	3,101.40
Total Assets Growth (%)	71.64	133.64	39.25
Total Liabilities	9,276.03	4,585.11	1,650.87
Total Liabilities Growth (%)	102.31	177.74	69.61
Total Equity	3,161.18	2,660.94	1,450.53
Total Equity Growth (%)	18.80	83.45	15.68
Current Ratio (x)	1.79	2.00	1.59
Total Debt to Equity (x)	0.98	0.71	0.78
Contingent Liabilities	0.00	1,322.89	216.31

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Total Assets	2,811.30	2,490.43	1,529.41	1,470.88	688.39
Total Assets Growth (%)	12.88	62.84	3.98	113.67	-0.05
Total Liabilities	257.84	129.49	270.27	237.27	82.48
Total Liabilities Growth (%)	99.12	-52.09	13.91	187.67	-7.74
Total Equity	2,553.46	2,360.94	1,259.14	1,233.61	34.27
Total Equity Growth (%)	8.15	87.50	2.07	3,499.68	23.72
Current Ratio (x)	2.71	37.02	2.76	3.51	2.40
Total Debt to Equity (x)	0.07	0.00	0.13	0.14	1.89
Contingent Liabilities	0.00	870.53	688.20	-	-

All figures in Rs Cr, unless mentioned otherwise

View Details

Cash Flows

Annual	FY 2026	FY 2025	FY 2024
Net Cash flow from Operating Activities	-615.65	225.01	270.70
Net Cash used in Investing Activities	-291.19	-1,993.08	-291.66
Net Cash flow from Financing Activities	879.03	1,766.36	234.07
Net Cash Flow	-24.14	-1.72	213.11
Closing Cash & Cash Equivalent	204.88	229.02	230.74
Closing Cash & Cash Equivalent Growth (%)	-10.54	-0.74	1,208.99
Total Debt/ CFO (x)	-3.86	7.18	3.38

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Net Cash flow from Operating Activities	-207.59	-48.71	-36.34	1.46	17.49
Net Cash used in Investing Activities	-61.55	-606.13	60.43	-9.55	-23.37
Net Cash flow from Financing Activities	269.01	654.29	-24.15	7.55	-13.92
Net Cash Flow	-0.13	-0.55	-0.05	-0.54	-19.79
Closing Cash & Cash Equivalent	0.83	0.96	1.50	1.56	36.00
Closing Cash & Cash Equivalent Growth (%)	-13.61	-36.33	-3.42	-95.68	-35.48
Total Debt/ CFO (x)	-0.86	-0.22	-4.39	114.74	3.71

All figures in Rs Cr, unless mentioned otherwise

Insights

Decrease in Cash from Investing
Company has used Rs 291.19 cr for investing activities which is an YoY decrease of 85.39%. (Source: Consolidated Financials)

View Details

Ratios

Annual	FY 2026	FY 2025	FY 2024
Return on Equity (%)	0.64	1.79	-3.60
Return on Capital Employed (%)	1.15	1.93	0.80
Return on Assets (%)	0.12	0.56	-1.35
Interest Coverage Ratio (x)	1.85	2.16	1.05
Asset Turnover Ratio (x)	0.02	0.03	0.03
Price to Earnings (x)	322.58	153.85	-96.15
Price to Book (x)	2.08	2.75	3.45
EV/EBITDA (x)	62.18	53.77	109.77
EBITDA Margin (%)	60.70	83.23	48.52

Annual	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Return on Equity (%)	2.49	11.89	1.85	2.65	15.36
Return on Capital Employed (%)	3.92	14.16	2.20	3.22	1.92
Return on Assets (%)	2.26	11.27	1.52	2.22	0.76
Interest Coverage Ratio (x)	18.47	40.11	2.62	4.39	1.92
Asset Turnover Ratio (x)	0.02	0.02	0.02	0.05	0.06
Price to Earnings (x)	79.37	22.32	175.44	-	-
Price to Book (x)	1.97	2.66	3.21	-	-
EV/EBITDA (x)	47.50	16.78	112.85	-	-
EBITDA Margin (%)	196.84	863.32	126.00	100.90	35.80

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Peer Comparison

Ratio Performance

NAME	P/E (x)	P/B (x)	ROE %	ROCE %	ROA %	Rev CAGR [3Yr]	OPM	NPM	Basic EPS	Current Ratio	Total Debt/ Equity (x)	Total Debt/ CFO (x)
Max Estates	504.66	2.34	0.64	1.15	0.12	30.89	44.45	7.86	0.97	1.79	0.98	-3.86
Ibull Real Estate	-9.87	0.87	-8.84	-2.24	-4.05	42.71	-20.10	-50.48	-6.43	2.49	0.53	117.31
Nesco Ltd	19.43	2.68	13.77	15.49	11.18	18.98	58.02	44.28	58.58	2.63	0.00	0.00
Mahindra Lifespace	25.21	2.07	8.22	-1.58	3.59	24.01	-4.90	-4.30	14.64	1.43	0.18	-1.18
Sri Lotus Developers and Realty Ltd.	29.37	3.63	12.40	16.69	10.08	68.01	42.74	31.64	5.04	6.08	0.07	-0.40
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Annual Ratios (%)

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Puravankara

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Stock Performance

CHART
TABLE

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NAME	1D	1W	1M	3M	1Y	3Y	5Y
Max Estates Stock Performance	-0.35	11.30	16.16	7.29	-1.74	0.00	0.00
Ibull Real Estate Stock Performance	-2.52	-14.00	0.00	1.99	-40.42	13.19	-32.57
Nesco Ltd Stock Performance	1.94	-8.24	-5.65	-0.41	19.38	83.89	117.01
Mahindra Lifespace Stock Performance	0.63	8.78	8.77	-4.55	0.18	-12.02	98.34
Sri Lotus Developers and Realty Ltd. Stock Performance	0.95	1.70	-2.50	1.85	0.00	0.00	0.00
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Category	No. of Shares	Percentage	% Change QoQ
Promoters	7,39,95,231	45.27 %	0.36
Pledge	0	0.00 %	0.00
FII	4,23,07,242	25.88 %	0.21
DII	1,24,83,837	7.64 %	-0.12
MF	1,22,73,441	7.51 %	-0.12
Others	3,46,59,173	21.20 %	-0.44

Category	Mar 2026	Dec 2025	Sep 2025	Jun 2025
Promoters	45.27	44.91	45.24	45.24
Pledge	0.00	0.00	0.00	0.00
FII	25.88	25.67	26.60	27.13
DII	7.64	7.77	6.79	6.26
Mutual Funds	7.51	7.64	6.69	5.90
Others	21.20	21.65	21.36	21.36

Mutual Funds Ownership

MF Ownership as on 31 May 2026

Nippon India Small Cap Direct-G
Equity: Small Cap
4
- 111.46
  Amount Invested (in Cr.)
- 0.15%
  % of AUM
- 0.00
  % Change (MoM basis)
Kotak Small Cap Direct-G
Equity: Small Cap
2
- 106.52
  Amount Invested (in Cr.)
- 0.6%
  % of AUM
- 0.00
  % Change (MoM basis)
Bandhan Small Cap Direct-G
Equity: Small Cap
5
- 75.78
  Amount Invested (in Cr.)
- 0.28%
  % of AUM
- 3.17
  % Change (MoM basis)

View all Mutual Fund Schemes

Corporate Actions

Recent
General Meeting
-
Feb 23, 2026
Board Meeting
Quarterly Results
Feb 03, 2026
Board Meeting
Quarterly Results
Oct 29, 2025

Board Meetings

Announced on	Meeting on
Feb 03, 2026	Feb 06, 2026
Quarterly Results
Oct 29, 2025	Nov 03, 2025
Quarterly Results
Aug 04, 2025	Aug 08, 2025
Quarterly Results
May 13, 2025	May 22, 2025
Audited Results
Jan 30, 2025	Feb 07, 2025
Quarterly Results

Dividends
No Data Available
Bonus
No Data Available
Splits
No Data Available
Rights
No Data Available
AGM/EGM Meetings
Announced on Meeting on
Feb 23, 2026 Mar 24, 2026
-
Sep 09, 2025 Sep 18, 2025
-
Jun 11, 2025 Jul 12, 2025
-
Apr 28, 2025 May 28, 2025
-
Feb 17, 2025 Mar 18, 2025
-

Announced on	Meeting on
Feb 23, 2026	Mar 24, 2026
-
Sep 09, 2025	Sep 18, 2025
-
Jun 11, 2025	Jul 12, 2025
-
Apr 28, 2025	May 28, 2025
-
Feb 17, 2025	Mar 18, 2025
-

About Max Estates

Max Estates Ltd., incorporated in the year 2016, is a Small Cap company (having a market cap of Rs 7,397.54 Crore) operating in Real Estate sector.

Max Estates Ltd. key Products/Revenue Segments include Other Services Charges, Property Development, Project Management Fees, Rental Income and Other Operating Revenue for the year ending 31-Mar-2025.

For the quarter ended 31-03-2026, the company has reported a Consolidated Total Income of Rs 70.59 Crore, down 1.21 % from last quarter Total Income of Rs 71.45 Crore and down 8.69 % from last year same quarter Total Income of Rs 77.30 Crore. Company has reported net profit after tax of Rs -4.08 Crore in latest quarter.

The company’s top management includes Mr.Analit Singh, Ms.Sahil Vachani, Mr.Anthony R Malloy, Mr.Atul B Lall, Mr.D K Mittal, Ms.Gauri Padmanabham, Ms.Ira Gupta, Ms.Malini Thadani, Mr.Niten Malhan, Ms.Jillian Leigh Moo-Young, Mr.Nitin Kumar, Mr.Abhishek Mishra. Company has K K Mankeshwar & Co. as its auditors. As on 31-03-2026, the company has a total of 16.34 Crore shares outstanding.

Max Estates Share Price Today is Rs. 452.60. On previous day, the Max Estates Share Price (NSE) closed at Rs. 460.5, featuring among the most traded securities on the National Stock Exchange.

Shareholdings:
As of 31st Mar, 2026, the promoter held 45.27% of the stake in Max Estates shares, out of which 0.0% was pledged. On the same date, foreign institutional investors' (FII) holdings of Max Estates stocks was 25.88% as compared to 25.67% in Dec 2025 with increase of 0.21%. The domestic institutional investors (DII) holdings on 31st Mar, 2026 was 7.64% as compared to 7.77% in Dec 2025 with decrease of 0.13%. Out of the total DII holdings in Max Estates shares 7.51% was held by mutual funds. The rest including public held is 21.21%. Max Estates stock price is reflected on both the exchanges - BSE and NSE.

Dividend, Bonus & Split Information:
Max Estates Dividend: Ever since 2016, Max Estates dividends has been paid out around 0 times. As on 19 Jun, 2026, 03:42 PM IST, The overall dividend yield for Max Estates stands at 0.0%. The last dividend paid was on null (Rs. null). The Earnings Per Share (EPS) for quarter ending 31st Mar 2026 is Rs. 0.9.

Max Estates Bonus: The most recent bonus issue had been in year null around 0 years ago at 0 : 0 ratio. The first bonus issue was announced in null.

Stock Forecast:
After showing 70.59 Cr. of sales and 1.21% of quarterly net loss, there have been multiple ups and downs in the Max Estates stock prices in the past few weeks. For example, Max Estates stock price on 11th of June 2026 was around Rs. 429.3. Max Estates share price now stands at an average of Rs. 452.60. Judging by last week's performance, stock is in up trend.

Max Estates has a median target price of Rs. 629.0 in 12 months by 4 analysts. They have provided a high estimate of Rs. 750.0 and low estimate of Rs. 531.0 for Max Estates share.

Historical Prices and Performance:
Max Estates, incorporated in 2016 is a Mid Cap company (with a market cap of Rs. 7422.88) operating in Real Estate sector.
The Return of Equity (ROE) in last five financial years given by Max Estates stock was 0.64%, 1.79%, -3.6%, 1.56% and 15.36% respectively.
The Max Estates share gave a 3 year return of 0.0% as compared to Nifty 50 which gave a return of 0.0%.
Max Estates announced 0.0% final dividend on null.

Key Metrics:
PE Ratio of Max Estates is 506.39
Prices/Sales Ratio of Max Estates is 25.19
Price/Book Ratio of Max Estates is 2.35

Peer Insights:
Peers are businesses with comparable activities, buisness objectives and affiliation with a particular industry area. For Max Estates, major competitors and peers include Ibull Real Estate, Nesco Ltd, Mahindra Lifespace and Sri Lotus Developers and Realty Ltd.. As of Dec 2025, the dividend yield of Max Estates stands at 0.0% while Ibull Real Estate, Nesco Ltd, Mahindra Lifespace and Sri Lotus Developers and Realty Ltd. stand at 0.0%, 0.58%, 1.0% and 0.0% respectively. The PE ratio and PB Ratio of the company are among its competitors stand at 506.39 and 2.35 respectively.

Leadership of Max Estates :
Abhishek Mishra is Co. Secretary & Compl. Officer
Nitin Kumar is Chief Financial Officer
Analit Singh is Founder & Chairman
Sahil Vachani is Vice Chairman & Mng.Director
Atul B Lall is Non Executive Director
Anthony R Malloy is Non Executive Director
D K Mittal is Independent Director
Gauri Padmanabham is Independent Director
Niten Malhan is Independent Director
Malini Thadani is Independent Director
Ira Gupta is Independent Director
Jillian Leigh Moo-Young is Alternate Director

Industry

Real Estate

Key Indices Listed On

BSE SmallCap, BSE Consumer Discretionary, BSE AllCap, Nifty Smallcap 500, Nifty Microcap 250

Address

419, Bhai Mohan Singh Nagar,Village Railmajra,Tehsil Balachaur,SBS Nagar Dist., Punjab - 144533

Contact

secretarial@maxestates.in

http://www.maxestates.in

PE Ratio(x)	504.66
EPS - TTM(₹)	0.90
MCap(₹ Cr.)	7,397.54
MCap Rank	15
PB Ratio(x)	2.35
Div Yield(%)	-
Face Value(₹)	10.00
52W High(₹)	564.30
52W Low(₹)	305.45
MCap/Sales	25.19
Beta(1 Month)	-
BV/Share(₹)	193.41

PE Ratio(x)	511.91
EPS - TTM(₹)	0.90
MCap(₹ Cr.)	7,503.78
MCap Rank	15
PB Ratio(x)	2.34
Div Yield(%)	-
Face Value(₹)	10.00
52W High(₹)	563.70
52W Low(₹)	305.55
MCap/Sales	25.19
Beta(1 Month)	-
BV/Share(₹)	193.41

1 Day	-0.35%
1 Month	11.51%
3 Months	20.77%
1 Year	-7.17%
3 Years	N.A.
5 Years	N.A.

1 Day	1.05%
1 Month	13.32%
3 Months	22.59%
1 Year	-5.75%
3 Years	N.A.
5 Years	N.A.

R1	-	Pivot -	S1	-
R2	-		S2	-
R3	-		S3	-

Max Estates Share Price

Key Metrics