MAXESTATES Q3 FY26 Guidance vs Delivery (MAXESTATES Management Mirror)

Financial & Operational Guidance (FY26)

Presales Targets: Management reaffirmed FY26 presales guidance of 6,000–6,500 crores, targeting 15–20% YoY growth. This target has remained consistent across the Dec'24, Jun'25, and Sep'25 quarters.

Collections: Expects total collections of 2,800–3,000 crores in FY27 (breakdown: 1,500–1,750 crores from existing sales; 1,000–1,300 crores from new sales). This is an update from the Jun'25 quarter, where FY26 collections were guided at 2,500–2,600 crores.

Corporate Overheads: Estimated at 50–75 crores for the full year in the Dec'24 update. Earlier guidance (Jun'25) pegged shareholder expenses in the corporate book lower at 25–30 crores per annum.

Construction Spend: FY26 construction spend estimated near 800 crores for residential and 300–400 crores for commercial. This is an increase from Jun'25 guidance, which estimated residential deployment at 450–500 crores.