Max Estates

Market Cap: Mid Cap
Industry: Construction - Real Estate
ISIN: INE03EI01018
NSEID: MAXESTATES
BSEID: 544008

INR

404.95

21.8 (5.69%)

BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 86.02 k

Click here to access the older version

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

86.02 k (3.13%) Volume

Shareholding (Dec 2024)

FII

27.78%

Held by 72 FIIs

DII

5.79%

Held by 11 DIIs

Promoter

45.25%

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Weak Long Term Fundamental Strength with a -16.12% CAGR growth in Operating Profits over the last 5 years

Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.07
The company has been able to generate a Return on Equity (avg) of 1.31% signifying low profitability per unit of shareholders funds

Stock is technically in a Bearish range

With ROE of -0, it has a Very Expensive valuation with a 2.8 Price to Book Value

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Construction - Real Estate

Market cap

INR 6,520 Cr (Mid Cap)

P/E

280.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.16

Return on Equity

-0.04%

Price to Book

2.80

Revenue and Profits (1 Year):

Net Sales:

40 Cr

(Quarterly Results - Dec 2024)

Net Profit:

20 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

6 Months

-34.15%

1 Year

34.53%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Max Estates for the last several years.

Risk Adjusted Returns v/s Sensex

Returns Beta

Beta has not been calculated since enough price history is not available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-40.40%

EBIT Growth (5y)

-207.46%

EBIT to Interest (avg)

0.03

Debt to EBITDA (avg)

53.65

Net Debt to Equity (avg)

0.53

Sales to Capital Employed (avg)

0.04

Tax Ratio

23.23%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

33.57%

ROCE (avg)

0.02%

ROE (avg)

1.31%

Valuation key factors

Factor

Value

P/E Ratio

280

Industry P/E

Price to Book Value

2.80

EV to EBIT

621.50

EV to EBITDA

134.81

EV to Capital Employed

3.14

EV to Sales

38.60

PEG Ratio

Dividend Yield

ROCE (Latest)

0.29%

ROE (Latest)

-0.04%

Tecnicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Dow Theory

Mildly Bearish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2024

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 7 Schemes (5.35%)

FIIs

Held by 72 FIIs (27.78%)

Promoter with highest holding

Max Ventures Investment Holdings(p) Ltd. (21.53%)

Highest Public shareholder

New York Life International Holdings Ltd (19.43%)

Individual Investors Holdings

14.14%

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -0.35% vs -0.77% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 818.60% vs 36.94% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "40.04",
          "val2": "40.18",
          "chgp": "-0.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.57",
          "val2": "8.54",
          "chgp": "35.48%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "14.83",
          "val2": "13.94",
          "chgp": "6.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "19.75",
          "val2": "2.15",
          "chgp": "818.60%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "28.90%",
          "val2": "21.25%",
          "chgp": "7.65%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 108.10% vs -29.22% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 109.90% vs -487.02% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "80.66",
          "val2": "38.76",
          "chgp": "108.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.77",
          "val2": "3.70",
          "chgp": "542.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "30.49",
          "val2": "14.89",
          "chgp": "104.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-44.45",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "3.72",
          "val2": "-37.58",
          "chgp": "109.90%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.47%",
          "val2": "9.55%",
          "chgp": "19.92%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 91.80% vs -25.12% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 157.64% vs -396.58% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "120.70",
          "val2": "62.93",
          "chgp": "91.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "35.34",
          "val2": "9.96",
          "chgp": "254.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "45.32",
          "val2": "28.77",
          "chgp": "57.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-44.45",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "23.47",
          "val2": "-40.72",
          "chgp": "157.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "29.28%",
          "val2": "15.83%",
          "chgp": "13.45%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -13.42% vs 54.91% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -321.78% vs 280.20% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "92.94",
          "val2": "107.34",
          "chgp": "-13.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "17.77",
          "val2": "31.67",
          "chgp": "-43.89%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "42.99",
          "val2": "18.62",
          "chgp": "130.88%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-44.45",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-42.16",
          "val2": "19.01",
          "chgp": "-321.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "19.12%",
          "val2": "29.50%",
          "chgp": "-10.38%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ

Dec'24

Sep'24

Change(%)

Net Sales

40.04

40.18

-0.35%

Operating Profit (PBDIT) excl Other Income

11.57

8.54

35.48%

Interest

14.83

13.94

6.38%

Exceptional Items

0.00

Consolidate Net Profit

19.75

2.15

818.60%

Operating Profit Margin (Excl OI)

28.90%

21.25%

7.65%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Dec 2024 is -0.35% vs -0.77% in Sep 2024

Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 818.60% vs 36.94% in Sep 2024

All Quarterly Results

Half Yearly Results Snapshot (Consolidated) - Sep'24

Sep'24

Sep'23

Change(%)

Net Sales

80.66

38.76

108.10%

Operating Profit (PBDIT) excl Other Income

23.77

3.70

542.43%

Interest

30.49

14.89

104.77%

Exceptional Items

0.00

-44.45

100.00%

Consolidate Net Profit

3.72

-37.58

109.90%

Operating Profit Margin (Excl OI)

29.47%

9.55%

19.92%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2024 is 108.10% vs -29.22% in Sep 2023

Consolidated Net Profit

Growth in half year ended Sep 2024 is 109.90% vs -487.02% in Sep 2023

All Half Yearly Results

Nine Monthly Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

120.70

62.93

91.80%

Operating Profit (PBDIT) excl Other Income

35.34

9.96

254.82%

Interest

45.32

28.77

57.53%

Exceptional Items

0.00

-44.45

100.00%

Consolidate Net Profit

23.47

-40.72

157.64%

Operating Profit Margin (Excl OI)

29.28%

15.83%

13.45%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2024 is 91.80% vs -25.12% in Dec 2023

Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 157.64% vs -396.58% in Dec 2023

All Nine Monthly Results

Annual Results Snapshot (Consolidated) - Mar'24

Mar'24

Mar'23

Change(%)

Net Sales

92.94

107.34

-13.42%

Operating Profit (PBDIT) excl Other Income

17.77

31.67

-43.89%

Interest

42.99

18.62

130.88%

Exceptional Items

-44.45

0.00

Consolidate Net Profit

-42.16

19.01

-321.78%

Operating Profit Margin (Excl OI)

19.12%

29.50%

-10.38%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2024 is -13.42% vs 54.91% in Mar 2023

Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -321.78% vs 280.20% in Mar 2023

All Annual Results

Company CV

About Max Estates Ltd

Max Estates Ltd

Mid Cap

Construction - Real Estate

Max Estates is the real estate development arm of the Max Group. Established in 2016, the Company offer spaces for Residential and Commercial use with utmost attention to detail, design and lifestyle. The Company aspires to be the most trusted Real Estate company driven by the desire to enhance the well-being of everyone. Presently, the Company is engaged in the business of Real Estate Development. In 2016, the Company launched Dehradun, maiden residential project of Max Estates Limited.

Company Coordinates

No Company Details Available