All Q1 FY27 results →
ME

Max Estates Ltd

Q1 FY27Realty

Max Estates Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management said on revenue, margins and capex.

Price₹526
Market cap₹8.6K Cr
P/E1,464.2
Updated16 Oct 2026
Read4 min read

Max Estates Ltd Q1 FY27 key numbers

Revenue
The company has a launch pipeline of approximately Rs. 16,000 crores GDV planned for FY '27 and beyond, with about Rs. 5,000-Rs. 5,500 crores of launches expected in the second half of FY '27.

As stated in Max Estates Ltd's Q1 FY27 earnings call transcript · published 26 Aug 2026. Reported figures, not investment advice.

The short version

Max Estates remains extremely optimistic and confident about achieving robust sales growth, backed by a diversified product mix and strong brand pull. Max Estates projects an embedded PBT (profit before tax) range of Rs.

From Max Estates Ltd's Q1 FY27 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

Moderate growth
  • Max Estates remains extremely optimistic and confident about achieving robust sales growth, backed by a diversified product mix and strong brand pull.
  • The company has a launch pipeline of approximately Rs. 16,000 crores GDV planned for FY '27 and beyond, with about Rs. 5,000-Rs. 5,500 crores of launches expected in the second half of FY '27.
  • New launches span key projects such as Estate 361 Phase-2, Estate 105 Phase-2, and Sector 59, contributing equi-distributably to pre-sales.
  • Approximately 50% of recent sales came from sustenance inventory and 50% from new launches, indicating healthy ongoing demand.
  • Collections are on track with guidance of Rs. 2,500-Rs. 2,700 crores for FY '27, supporting construction funding without additional debt.

2 more points from Max Estates Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Max Estates Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Remaining CAPEX on commercial assets is estimated at Rs. 1,500-Rs. 1,800 crores, fully tied up with financial closure achieved including equity and sanctioned debt from leading banks.
  • Construction finance drawn for commercial projects (Max Square 2, Max District, Max One) is increasing debt but supports ongoing construction spend.
  • Project deployment planned at Rs. 1,500-Rs. 1,800 crores for FY '27, with operating cash flow of Rs. 750-Rs.1,000 crores available for business development efforts.
  • Focus continues on business development within NCR and larger region, with active pursuit of opportunities in key geographies like Ghaziabad.

2 more points from Max Estates Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Realty

Ranked on what management guided this quarter

Guidance-ranked
1Sri Lotus
Rev 1Mar 3
2Sobha
Rev 2Mar 1
3
Rev 2Mar 1
4
Rev 2Mar 1
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Max Estates Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Max Estates has a launch pipeline with approximately Rs. 16,000 crores of GDV planned for FY '27.
  • Around Rs. 5,000 to Rs. 5,500 crores of new project launches are expected in the second half of FY '27.
  • There remains Rs. 3,000 to Rs. 4,000 crores of existing launched inventory available for sale.

2 more points from Max Estates Ltd's call on order book

Create a free account to keep reading this call

What the Q1 FY27 call signalled

2 of 3 strong

RevenueModerate growth
CapexCapex planned
FundraiseFundraise planned

Max Estates Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹49 Cr, net loss ₹4 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Realty this season

  • Atal Realtech (Q1 FY27)

    Revenue from operations for Q1 FY2027: ₹1,097.24 lakhs (₹10.97 Cr), a 3.5% year-on-year increase from ₹1,060.08 lakhs in Q1 FY2026. Key investor presentation ta

  • P.E. Analytics (Q1 FY27)

    Year-on-Year Revenue Growth: 23% (compared to Rs. Key investor presentation takeaways from P.E. Analytics Ltd's Q1 FY27 investor presentation — and how it ranks

  • Shraddha Prime (Q1 FY27)

    Q1 FY27 Operational Revenue: ₹13,357.95 lakhs, up 127.57% from ₹5,869.94 lakhs in Q1 FY26. Key concall takeaways from Shraddha Prime Projects Ltd's Q1 FY27…

  • TARC Ltd (Q1 FY27)

    Q1 FY2027 Revenue: ₹218.7 crore (up from ₹75.89 crore in Q1 FY2026), showing strong year-on-year growth. Key concall takeaways from TARC Ltd's Q1 FY27 earnings…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Max Estates Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Max Estates Ltd Q1 FY27 results?

Max Estates remains extremely optimistic and confident about achieving robust sales growth, backed by a diversified product mix and strong brand pull. Max Estates projects an embedded PBT (profit before tax) range of Rs.

What is Max Estates Ltd share price analysis?

Max Estates Ltd currently shows a below-average growth signal. The stock trades at a P/E of 1464.2 with a market cap of ₹8,595 Cr. Investors should review the full earnings analysis for detailed insights.

Is Max Estates Ltd planning capital expenditure?

Remaining CAPEX on commercial assets is estimated at Rs.

Keep Max Estates Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.