MAXESTATES quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Max Estates Ltd reported sales of ₹51.91 Cr, operating profit of ₹8.12 Cr (OPM 15.64%) and net profit of ₹8.35 Cr for the quarter ended Jun 2026. Figures in ₹ crore, consolidated where available.
MAXESTATES quarterly results (₹ Cr)
Metric
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sales
40.18
40.04
39.78
51.47
48.77
49.77
49.43
51.91
YoY Sales growth
96.1
65.66
32.56
27.12
21.38
24.3
24.26
0.85
Expenses
31.64
28.47
30.72
37.56
38.68
46.84
52.63
43.79
Operating Profit
8.54
11.57
9.06
13.91
10.09
2.93
-3.2
8.12
OPM
21.25%
28.9%
22.78%
27.03%
20.69%
5.89%
-6.47%
15.64%
Other Income
12.6
31.85
37.52
28.66
25.86
21.68
21.15
28.17
Interest
13.94
14.83
16.55
17.32
16.28
15.63
16.19
16.73
Depreciation
8.41
8.16
8.76
8.41
8.04
8.02
7.93
8.17
Profit before tax
-1.21
20.43
21.27
16.84
11.63
0.96
-6.17
11.39
Tax
14.05%
22.61%
34.23%
29.1%
32.85%
96.88%
-33.87%
26.6%
Net Profit
-1.38
15.82
13.99
11.94
7.82
0.02
-4.08
8.35
EPS in Rs
0.13
1.23
1.08
0.71
0.45
-0.07
-0.31
0.29
MAXESTATES profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
69
107
93
160
199
200
Sales growth
-
55
-13
73
24
17
Expenses
39
76
75
116
175
182
Operating Profit
31
32
18
44
24
18
OPM
44%
30%
19%
28%
12%
9%
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%
16%
-19%
30%
33%
-
Net Profit
5
18
-55
26
16
12
EPS in Rs
-
-
-2.87
2.53
0.77
0.36
Dividend Payout
0%
0%
0%
0%
0%
-
MAXESTATES balance sheet (₹ Cr)
Metric
Mar 2023
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Equity Capital
0
147
161
161
163
Reserves
1,211
1,024
2,117
2,139
2,256
Borrowings
862
962
1,656
2,098
2,412
Other Liabilities
144
961
3,295
5,765
7,582
Total Liabilities
2,216
3,094
7,229
10,163
12,414
Fixed Assets
1,427
1,826
2,047
2,827
2,523
CWIP
0
0
0
0
0
Investments
160
93
587
724
385
Other Assets
629
1,175
4,596
6,612
9,506
Total Assets
2,216
3,094
7,229
10,163
12,414
MAXESTATES cash flows (₹ Cr)
Metric
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
Free Cash Flow
-88
-979
-50
-452
-696
CFO/OP
147%
-1,339%
1,559%
669%
-2,322%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit