IPO Plus

395.45

+2.87 +0.73%

As of 05 Aug 2026 · delayed

NSE Listed · Realty

Max Estates Limited (MAXESTATES)

Volume: 56,036Avg Vol 1W: 43,611Avg Vol 1M: 1,15,59352W Range:305.45502.15
Market Cap₹6,466 Cr
Current Price₹395.45
Previous Close₹392.58
High / Low (52w)₹502.15 / ₹305.45
Volume56,036
Avg Vol (1W)43,611
Avg Vol (1M)1,15,593
Stock P/E153.89
Book Value₹147.99
Dividend Yield0%
ROE51.72%
ROA12.62%
Revenue (TTM)
Revenue Growth72.67%
Profit Margin6.28%
Total Debt₹1,239 Cr
Shares Outstanding16 Cr
Face Value₹10
EPS (TTM)₹0
P/B2.67
Debt / Equity1
50 DMA₹428.47
200 DMA₹421.62
Day change+0.73%
Price Chart
395.45 13.95% · 1Y
50630910.4L
2025-08-05
2026-08-05

20-day avg volume: 1.1L shares

Pros
  • Healthy return on equity of 51.7%.
  • Company is almost debt-free.
  • Revenue grew 1989% YoY.
  • Net profit is growing year over year.
Cons
  • Stock trades at a high P/E of 154.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹40 Cr₹40 Cr₹40 Cr₹40 Cr₹51 Cr₹49 Cr₹50 Cr₹49 Cr
EBITDA₹14 Cr₹13 Cr₹35 Cr₹38 Cr₹34 Cr₹28 Cr₹17 Cr₹10 Cr
Net Profit₹2 Cr₹2 Cr₹20 Cr₹17 Cr₹11 Cr₹7 Cr₹-1 Cr₹-5 Cr
EPS
Profit & Loss (Annual)
MetricDec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026
Revenue₹8 Cr₹11 Cr₹250 Cr₹14 Cr₹14 Cr₹13 Cr₹297 Cr₹14 Cr
EBITDA₹23 Cr₹24 Cr₹99 Cr₹40 Cr₹20 Cr₹23 Cr₹89 Cr₹19 Cr
Net Profit₹17 Cr₹15 Cr₹41 Cr₹29 Cr₹12 Cr₹15 Cr₹13 Cr₹8 Cr
EPS1.70.97
Balance Sheet
MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹643 Cr₹689 Cr₹1,025 Cr₹2,227 Cr₹3,101 Cr₹7,246 Cr₹12,437 Cr
Total Liabilities₹234 Cr₹89 Cr₹382 Cr₹973 Cr₹1,651 Cr₹4,585 Cr₹9,276 Cr
Equity₹409 Cr₹599 Cr₹643 Cr₹1,254 Cr₹1,451 Cr₹2,661 Cr₹3,161 Cr
Total Debt₹15 Cr₹38 Cr
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹7 Cr₹45 Cr₹-424 Cr₹277 Cr₹297 Cr₹-559 Cr
Investing₹-49 Cr₹-121 Cr₹-52 Cr₹-292 Cr₹-1,993 Cr₹-291 Cr
Financing₹45 Cr₹78 Cr₹521 Cr₹234 Cr₹1,766 Cr₹879 Cr
Free Cash Flow₹7 Cr₹45 Cr₹-424 Cr₹277 Cr₹297 Cr₹-559 Cr
Shareholding
Promoter 45.26% Institutions 34.04% Public 20.7%
Efficiency & Working Capital
ROCE2.4%
Interest Coverage1.1
Dividend Payout
Debtor Days22 d
Inventory Days12605 d
Payable Days1864 d
Cash Conversion Cycle10764 d
Working Capital Days12628 d
Shareholding Details

As of 2026-06-30

Promoter45.3%
FII25.8%
DII8.2%
Institutions34%
Public20.7%
Promoter Pledge0%
No. of Shareholders29,722
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodOct 2023Oct 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters49.5%49.5%49.5%49.4%45.3%45.3%45.3%45.2%45.2%44.9%45.3%45.3%
FIIs8.9%30.1%27.6%27.5%27.5%27.8%27.4%27.1%26.6%25.7%25.9%25.8%
DIIs0%0%0.3%0%5.8%5.8%6.3%6.3%6.8%7.8%7.6%8.2%
Public41.6%20.4%22.6%23%21.4%21.2%21%21.4%21.4%21.6%21.2%20.7%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders24,91724,91725,07326,30528,17228,37830,07931,05832,11331,33630,72029,722
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603
Major Shareholders (>1%)
NameCategoryStakeShares
Max Ventures Investment Holdings (P) LtdShareholding of Promoter and Promoter Group21.9%3.58 Cr
Siva Finvest Private Limited (formerly Known As Siva Enterprises Private Limited)Shareholding of Promoter and Promoter Group20.8%3.40 Cr
New York Life International Holdings LtdPublic Shareholding19.1%3.13 Cr
Invesco India Smallcap FundPublic Shareholding3.1%50,89,147
Neelu Analjit SinghShareholding of Promoter and Promoter Group2.2%35,76,581
Nippon Life India Trustee Ltd-a/c Nippon India Multi Asset Allocation FundPublic Shareholding1.9%30,30,328
India Insight Value FundPublic Shareholding1.7%27,30,000
Bandhan Small Cap FundPublic Shareholding1.6%26,42,550
Atul Behari LallPublic Shareholding1.6%25,77,384
Kotak Small Cap FundPublic Shareholding1.5%23,99,139
Habrok India Master LpPublic Shareholding1.4%22,46,070
New York Life Insurance CompanyPublic Shareholding1.3%20,77,260
Sunil VachaniPublic Shareholding1%17,05,075
Analjit SinghShareholding of Promoter and Promoter Group0.3%4,42,401
Ravi VachaniShareholding of Promoter and Promoter Group0%73,477
Piya SinghShareholding of Promoter and Promoter Group0%52,407
Tara Singh VachaniShareholding of Promoter and Promoter Group0%47,501
Veer SinghShareholding of Promoter and Promoter Group0%0
Sahil VachaniShareholding of Promoter and Promoter Group0%0
Veda VachaniShareholding of Promoter and Promoter Group0%0
Avya VachaniShareholding of Promoter and Promoter Group0%0
Tina VachaniShareholding of Promoter and Promoter Group0%0
Analjit Singh HufShareholding of Promoter and Promoter Group0%0
Abk Consultants Private LimitedShareholding of Promoter and Promoter Group0%0
Anchor Management Services Private LimitedShareholding of Promoter and Promoter Group0%0
Board of Directors
NameDesignationYear
Analjit SinghChairman & Non Executive Dir.2025
Sahil VachaniVice Chairman, MD, CEO & CFO2025
Anthony R. MalloyNon Executive Director2025
Jilian L Moo YoungNon Executive Director / Alternate Director2025
Atul B LallNon Executive Director2025
D K MittalIndependent Non Exe. Director2025
Niten MalhanIndependent Non Exe. Director2025
Gauri PadmanabhanIndependent Non Exe. Director2025
Malini ThadaniIndependent Non Exe. Director2025
IRA GUPTAIndependent Non Exe. Director2025
Segments — Product
SegmentRevenueShare
Real estate development₹0 Cr
Segments — Geography
RegionRevenueShare
India₹47 Cr100%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10228163163
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
20252,95500133203,288
20252,8800003053,185
2025900131536
Insider / Designated-Person Trades

13 recent disclosure(s)

Nitin KumarDisposal · 7,000
Manish BhardwajDisposal · 5,000
Manish BhardwajAcquisition · 2,517
Manish BhardwajAcquisition · 7,800
Manish BhardwajDisposal · 500
Rajendra SinghPledge · 9,000
Company Information
Incorporated2016
ChairmanAnaljit Singh
AuditorS R Batliboi & Co LLP
Investor Email[email protected]
🌐 www.maxestates.in

📍 Bhai Mohan Singh Nagarrailmajr, Nawanshahar, Punjab, 144533

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search

Telegram App