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Company Profile

MAX ESTATES LTD.

NSE : MAXESTATESBSE : 544008ISIN CODE : INE03EI01018Industry : Construction - Real EstateHouse : Private
BSE349.60-3.4 (-0.96 % )
PREV CLOSE (Rs.) 353.00
OPEN PRICE (Rs.) 359.70
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 13384
TODAY'S LOW / HIGH (Rs.)346.00 359.70
52 WK LOW / HIGH (Rs.)242.8 377.45
NSE349.35 -2.75 (-0.78 % )
PREV CLOSE(Rs.) 352.10
OPEN PRICE (Rs.) 353.80
BID PRICE (QTY) 349.35 (52 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 73586
TODAY'S LOW / HIGH(Rs.) 346.20 356.80
52 WK LOW / HIGH (Rs.)242.75 379.9

Company Profile

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STOCK SUMMARY
Trade Value (Rs. in Lacs) 0.00
Dividend Yield(%) 0.00
TTM EPS (Rs.) 2.23
P/E Ratio 157.04
Book Value (Rs.) 85.21
Face Value (Rs.) 10
MCap (Rs. in Mn) 51438.24
Price/Earning (TTM) 135.74
Price/Sales (TTM) 104.35
Price/Book (MRQ) 4.10
PAT Margin (%) 66.45
ROCE (%) 3.18
Incorporation Year : 2016

Management Info :

- Chairman Sahil Vachani - Managing Director

Registered Office :

Address : 419, Bhai Mohan Singh Nagar,Village Railmajra, Tehsil Balachaur,District S B S Nagar,
Nawanshahar,
Punjab-144533

Phone : 01881-462000

Website : www.maxestates.in

Registrar's Details : MAS Services Ltd
T-34 , 2nd Floor,Okhla Industrial Area,Phase - II,New Delhi
Listing : BSE, NSE
NEWS More
03May05-03-2024$Max Estates executes binding agreements for potential Group Housing Residential development in Gurugram Max Estates executes binding

Max Estates has executed binding agreements for a potential Group Housing Residential development on 18.23 acres of land with Gross Development Value (GDV) estimated at over Rs 9,000 crore in Gurugram at the back of around 4 mn square feet of development area.

This land parcel is contiguous to its existing 11.80 acres of land on Dwarka Expressway in sector 36 A, Gurugram on which Max Estates had done a Joint Development Agreement (JDA) last year. The company is on track to launch Delhi NCRs first Intergenerational residential community in Q3 of CY 2024 with GDV Potential now re-rated to Rs 4,000 crore. This helps Max Estates consolidate its position (30 acres) in sector 36 A on Dwarka Expressway, which with massive infrastructure upgrade has emerged as a prime luxury residential destination in Gurugram. Both opportunities imply a combined GDV potential over time of Rs 13,000 plus crore in Gurugram by developing and selling an area over 6.4 mn square feet.

The location stands tall as the perfect hub for premium residential projects within Gurugram owing to its vicinity to the planned Global City as well as having seamless connectivity to the international airport, different parts of Delhi as well as key commercial and residential hubs within Gurugram. With both acquisitions through the Joint Development route, Max Estates has demonstrated tremendous success in expanding through relatively light capital deployment strategies.

Max Estates is the real estate arm of the Max Group.


Max Estates has executed binding agreements for a potential Gro..
03May05-03-2024$Max Estates climbs on executing binding agreements for potential Group Housing Residential development in Gurugram Max Estates climbs on execut

Max Estates is currently trading at Rs. 364.00, up by 13.40 points or 3.82% from its previous closing of Rs. 350.60 on the BSE.

The scrip opened at Rs. 374.95 and has touched a high and low of Rs. 375.00 and Rs. 357.85 respectively. So far 130669 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 375.00 on 03-May-2024 and a 52 week low of Rs. 242.80 on 02-Nov-2023.

Last one week high and low of the scrip stood at Rs. 375.00 and Rs. 292.75 respectively. The current market cap of the company is Rs. 5389.54 crore.

The promoters holding in the company stood at 49.51%, while Institutions and Non-Institutions held 27.80% and 22.68% respectively.

Max Estates has executed binding agreements for a potential Group Housing Residential development on 18.23 acres of land with Gross Development Value (GDV) estimated at over Rs 9,000 crore in Gurugram at the back of around 4 mn square feet of development area.

This land parcel is contiguous to its existing 11.80 acres of land on Dwarka Expressway in sector 36 A, Gurugram on which Max Estates had done a Joint Development Agreement (JDA) last year. The company is on track to launch Delhi NCRs first Intergenerational residential community in Q3 of CY 2024 with GDV Potential now re-rated to Rs 4,000 crore. This helps Max Estates consolidate its position (30 acres) in sector 36 A on Dwarka Expressway, which with massive infrastructure upgrade has emerged as a prime luxury residential destination in Gurugram. Both opportunities imply a combined GDV potential over time of Rs 13,000 plus crore in Gurugram by developing and selling an area over 6.4 mn square feet.

The location stands tall as the perfect hub for premium residential projects within Gurugram owing to its vicinity to the planned Global City as well as having seamless connectivity to the international airport, different parts of Delhi as well as key commercial and residential hubs within Gurugram. With both acquisitions through the Joint Development route, Max Estates has demonstrated tremendous success in expanding through relatively light capital deployment strategies.

Max Estates is the real estate arm of the Max Group.


Max Estates is currently trading at Rs. 364.00, up by 13.40 poi..
09Feb02-09-2024$Appointment of Director Appointment of Director
Inter alia, approved:- b. Shifting of the Registered Office of the Company from the State of Punjab to the National Capital Territory (NCT) of Delhi and consequential changes in the Memorandum of Association (MOA) of the Company to giving this effect, subject to necessary approvals, including approval of the Shareholders of the Company. c. Elevation of Mr. Sahil Vachani as Vice Chairman and Managing Director of the Company. d. Appointment of Ms. Avani Vishal Davda as an Additional Director (Non-Executive Independent Director) of the Company for a period of 5 years effective from February 9, 2024, subject to the approval of Shareholders of the Company.
Inter alia, approved:- b. Shifting of the Registered Office of..
09Feb02-09-2024$Change of Registered Office Change of Registered Office
Inter alia, approved:- b. Shifting of the Registered Office of the Company from the State of Punjab to the National Capital Territory (NCT) of Delhi and consequential changes in the Memorandum of Association (MOA) of the Company to giving this effect, subject to necessary approvals, including approval of the Shareholders of the Company. c. Elevation of Mr. Sahil Vachani as Vice Chairman and Managing Director of the Company. d. Appointment of Ms. Avani Vishal Davda as an Additional Director (Non-Executive Independent Director) of the Company for a period of 5 years effective from February 9, 2024, subject to the approval of Shareholders of the Company.
Inter alia, approved:- b. Shifting of the Registered Office of..
03Feb02-03-2024$Max Estates informs about board meeting Max Estates informs about bo
Max Estates has informed that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, February 9, 2024, to consider and approve the unaudited standalone and consolidated financial results of the Company for the quarter and nine months ended on December 31, 2023. Further, in continuation to its letter/intimation dated December 28, 2023, for closure of the trading window, it reiterated that the trading window for dealing in shares of the Company shall remain closed for all designated persons including promoters, directors, key managerial personnel, designated employees and other connected persons of the Company till Sunday, February 11, 2024.

The above information is a part of company’s filings submitted to BSE.

Max Estates has informed that a meeting of the Board of Directo..
Financials More
Rs. in Millions
QTR Dec 23 ANNUAL
Net Profit21.51
Gross Profit 17.49
Operating Profit 64.87
Net Sales
ROLLING FORWARD P/E (EOD)
EVENT CALENDAR
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Shareholding Pattern More
PROMOTERS 49.51 %
NON-INSTITUTION 22.68 %
MUTUAL FUNDS/UTI 0.11 %
FI/BANKS/INSURANCE 0 %
GOVERNMENT 0 %
FII 0 %
MF HOLDINGS More
Scheme NameHold(%)
ICICI Pru Housing Opp F...0.18
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