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Max Estates Limited Share Price

Live price, chart and which mutual funds hold this stock

TopFund Score: 50/100 · Average See breakdown ↓
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as of —

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Day Open

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Day High

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Day Low

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NSE Close — 25 Sep 2026

₹594.65

Change

-22.15 (-3.59%)

Open

₹616.9

Prev. Close

₹616.8

Day High

₹625.45

Day Low

₹589.1

Volume Analysis

Traded

156,458

Delivered

64,111

Delivery %

40.98%

End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.

Strengths, Weaknesses, Opportunities & Threats

Strengths (0)

No signal for this stock

Weaknesses (2)

  • •Low return on equity (-1.27%)
  • •Promoter holding is falling

Opportunities (1)

  • •Strong 3-year revenue growth (23.0%)

Threats (1)

  • •FII holding has been falling

Rule-based signals from the fundamentals below — not investment advice.

Pivot Levels

Type R3 R2 R1 Pivot S1 S2 S3
Classic ₹653.39 ₹639.42 ₹617.04 ₹603.07 ₹580.69 ₹566.72 ₹544.34
Fibonacci ₹639.42 ₹625.53 ₹616.96 ₹603.07 ₹589.18 ₹580.61 ₹566.72
Camarilla ₹604.65 ₹601.31 ₹597.98 ₹603.07 ₹591.32 ₹587.99 ₹584.65

Support/resistance levels for today, calculated from the previous trading day's high/low/close.

Absolute Returns

YTD

+30.15%

1 Week

-0.54%

1 Month

+10.31%

3 Months

+38.77%

6 Months

+82.88%

1 Year

+29.36%

2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.

Stock Vitals

Computed from the latest available annual financials.

Graham Number

₹50.64

Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.

DuPont ROE Breakdown

0.62%

Net margin 6.0% × asset turnover 0.02x × equity multiplier 5.13x

Company Overview

Sector

Realty

Market Cap

₹9,727 Cr

P/E (TTM)

1657.0

ROE

-1.27%

Book Value

₹148.0

Face Value

₹10.0

Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.

TopFund Analysis

Max Estates Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Realty sector, at 50/100. The strongest factor is Growth (100/100), while Business Quality (18/100) is the weakest area to weigh before deciding. Notably: Low return on equity (-1.27%); promoter holding is falling. FII holding has been falling.

TopFund Score — Fundamentals Quality

50/100 — Average

Data confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.

As of 27 Sep 2026 · How we calculate this →

Financial Strength

59

Growth

100

Valuation

25

Cash Flow

25

Corporate Governance

43

Momentum

83

Institutional Ownership

57

Business Quality

18

Risk & Volatility

54

Liquidity

44

From Screener.in

  • +Debtor days have improved from 29.0 to 22.4 days.
  • −Stock is trading at 4.02 times its book value
  • −Though the company is reporting repeated profits, it is not paying out dividend
  • −Company has low interest coverage ratio.
  • −Company has a low return on equity of -0.50% over last 3 years.

Not investment advice — an automated read of public fundamentals data, for research context only.

Corporate Actions

Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 24 Sep 24 Sep
Shareholder Meeting / Postal Ballot-Outcome of EGM 24 Sep 24 Sep
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Sep

Please find attached the schedule of Institutional Investor Meetings.

Announcement under Regulation 30 (LODR)-Press Release / Media Release 23 Sep

Max Estates signs binding MoU for Ghaziabad JDA; 9.76-acre project may unlock INR 2,500-3,000 crore GDV.

Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 11 Sep

Please refer the enclosed Intimation for allotment of 14,931 equity shares pursuant to the exercise of stock options.

Source: BSE regulatory filings, via Screener.in.

Quarterly Results

Last several quarters

  Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Sales + 18 20 24 30 40 40 40 40 51 49 50 49 52
Expenses + 15 20 18 22 25 32 28 31 38 39 47 53 44
Operating Profit 3 1 6 8 15 9 12 9 14 10 3 -3 8
OPM % 17.23% 2.78% 25.94% 26.02% 37.61% 21.25% 28.9% 22.78% 27.03% 20.69% 5.89% -6.47% 15.64%
Other Income + -39 7 6 9 7 13 32 38 29 26 22 21 28
Interest 4 11 14 14 17 14 15 17 17 16 16 16 17
Depreciation 4 6 7 8 9 8 8 9 8 8 8 8 8
Profit before tax -44 -9 -8 -6 -3 -1 20 21 17 12 1 -6 11
Tax % -13.19% -49.94% -8.41% -24.92% -30.56% 14.05% 22.61% 34.23% 29.1% 32.85% 96.88% -33.87% 26.6%
Net Profit + -38 -5 -8 -5 -2 -1 16 14 12 8 0 -4 8
EPS in Rs — 0 0 0 0 0 1 1 1 0 0 0 0
Raw PDF — — — — — — — — — — — — —

Source: Screener.in — figures in ₹ Crores unless marked %.

Profit & Loss (Yearly)

  Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Sales + 69 107 93 160 199 200
Expenses + 39 76 75 116 175 182
Operating Profit 31 32 18 44 24 18
OPM % 44.0% 30.0% 19.0% 28.0% 12.0% 9.0%
Other Income + 5 24 -17 89 97 97
Interest 16 19 43 62 65 65
Depreciation 11 15 25 34 32 32
Profit before tax 8 22 -68 38 23 18
Tax % 42.0% 16.0% -19.0% 30.0% 33.0% —
Net Profit + 5 18 -55 26 16 12
EPS in Rs — — -3 3 1 0
Dividend Payout % 0.0% 0.0% 0.0% 0.0% 0.0% —

Source: Screener.in — figures in ₹ Crores unless marked %.

Balance Sheet

  Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Reserves 531 1,211 1,024 2,117 2,256
Borrowings + 315 862 962 1,656 2,412
Other Liabilities + 101 144 961 3,295 7,582
Total Liabilities 1,025 2,216 3,094 7,229 12,414
Fixed Assets + 898 1,427 1,826 2,047 2,523
CWIP 0 0 0 0 0
Investments 13 160 93 587 385
Other Assets + 114 629 1,175 4,596 9,506
Total Assets 1,025 2,216 3,094 7,229 12,414
Equity Capital 78 0 147 161 163

Source: Screener.in — figures in ₹ Crores unless marked %.

Cash Flow

  Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Cash from Operating Activity + 41 -456 271 225 -616
Cash from Investing Activity + -121 -52 -292 -1,993 -288
Cash from Financing Activity + 78 521 234 1,766 879
Net Cash Flow -2 13 213 -2 -24
CFO/OP 147 -1,339 1,559 669 -2,322
Free Cash Flow -88 -979 -50 -452 -696

Source: Screener.in — figures in ₹ Crores unless marked %.

Shareholding Pattern

Quarter-by-quarter — Promoters, FII, DII & public holding trend

Promoter holding: 49.51% → 45.25%
  Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Public 20.96% 22.69% 23.02% 21.47% 21.18% 21.01% 21.36% 21.37% 21.65% 21.19% 20.69%
Promoters 49.51% 49.51% 49.42% 45.26% 45.25% 45.25% 45.24% 45.23% 44.9% 45.27% 45.25%
FII 29.53% 27.61% 27.54% 27.55% 27.78% 27.43% 27.13% 26.6% 25.67% 25.88% 25.84%
DII 0.01% 0.2% 0.03% 5.72% 5.79% 6.3% 6.27% 6.8% 7.78% 7.65% 8.2%

Source: Screener.in — quarterly shareholding disclosures.

Peers Comparison

Realty — ranked by market cap

Company Market Cap (Cr) P/E P/B ROE
Max Estates Limited (this stock) 9,727 1657.0 4.02 -1.27%
Sri Lotus Devlprs N Rty L 10,654 41.5 5.58 16.7%
Embassy Developments Ltd 8,513 — 0.86 -9.19%
Signatureglobal India Ltd 11,098 325.0 5.98 -30.3%
Mahindra Lifespace Devltd 7,678 24.7 2.1 9.91%
Sobha Limited 13,116 56.9 2.78 4.16%
Ganesh Housing Limited 6,113 23.1 2.91 16.0%

Which Mutual Funds Hold Max Estates Limited?

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