market Inner Banner
  • BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ticker-arrow
    • ({{d.PerChg}}%)
Equity | News | Hot Pursuit
Hot Pursuit
Max Estates reports net loss of Rs 4 cr
(15:56, 25 May 2026)
The company's net revenue for Q4 FY26 increased 24.25% year-on-year to Rs 49.43 crore.

During the quarter, Max Estates reported a negative EBITDA of Rs 3.4 crore, against a positive EBITDA of Rs 9.1 crore in Q4 FY25. EBITDA margin stood at negative 6.9%, compared with 22.8% in the year-ago period.

Pre-tax loss for the quarter came in at Rs 6.17 crore, as against a profit before tax of Rs 21.28 crore reported in the corresponding period last year.

On the operational front, total leased area as of 31 March 2026 stood at 1.23 million square feet. Lease rental income from Max Towers, Max House (Phase I & II), and Max Square rose 40% year-on-year to Rs 154 crore in FY26.

The company said its total debt as of March 2026 stood at Rs 1,855 crore, including lease rental discounting (LRD) borrowings of Rs 973 crore. Cash and cash equivalents were at Rs 1,758 crore, resulting in a net debt position of Rs 97 crore.

Collections during FY26 rose 61% year-on-year to Rs 1,578 crore, with Q4 FY26 contributing Rs 650 crore. The company said its payment plans remain evenly structured across project lifecycles, enabling residential construction without debt dependency.

For the full financial year FY26, Max Estates reported a 40.63% decline in consolidated net profit to Rs 15.69 crore, while revenue increased 24.27% to Rs 199.45 crore compared with FY25.

Sahil Vachani, Vice Chairman & MD of Max Estates, said, Delhi-NCR's residential market moderated in 2026 amid global uncertainty and cautious sentiment, yet Max Estates crossed Rs 5,300 crore in pre-sales for the second consecutive year, affirming the strength of our platform and the trust our customers continue to place in us.

As we enter FY27, a GDV pipeline of over Rs 17,200 crore, net debt of Rs 97 crore and annuity rental potential of Rs 700+ crore position us well for sustained growth. We will continue to build with purpose and deliver experiences that make a positive and meaningful impact.'

Max Estates is the real estate arm of the Max Group. The company develops premium commercial and residential spaces in Delhi NCR. The company has developed a very well-diversified portfolio of real estate across the two asset classes in Delhi NCR and in this pursuit, has partnered with New York Life Insurance Company (NYL), particularly for the commercial office platform.

The counter rose 1.57% to Rs 435.70 on the BSE.

Powered by Capital Market - Live News

.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY)
Unit No. 210/211/211A at 2nd floor, Dalal Street Commercial Cooperative Society Ltd, Block No.53, Zone 5, Gift City, Gandhinagar, Gujarat-382355
51, Mini Market T/F Mandir Wali Gali, Yusaf Sarai, New Delhi 110016 011-35936102 greenpark@dbonline.in
C-12, DB Plaza, RDC Raj Nagar, Ghaziabad 201002 0120-4150393 ghaziabad@dbonline.in
Plot No 4, Wasme House, Film City Sector 16A, Noida – 201301 0120-4823200 compliance@dbonline.in
Out Side Jassusar Gate, Bikaner, Rajasthan – 334001 9001643408 bikaner@dbonline.in
Office No 101, City Center, Opp. High Court, M G Road, Indore 452001 9424083019 brajeshsadani@dbonline.in
203, Marshal House 25, Strand Road, Kolkata 700001 033-40055270 b032@dbonline.in
Shop No.-7, 2nd Floor, Amar Complex, Opp. Hanumaan Mandir, The Mall, Solan- 173212 6230604596 parwanoo@dbonline.in
Daga Commodities Private Limited INZ000028833 114, New Delhi House, 27 Barakhamba Road, Delhi 110001- 0120-4823200 compliance@dbonline.in
Daga Business (International) Stock Brokers (IFSC) Private Limited INZ000202436 Unit No. 228, Signature Building, Second Floor, Block 13B, Zone-1, Gift SEZ, Gandhinagar, Gujarat 382355 - 0120-4823200 compliance@dbonline.in

Disclosure regarding proprietary trading:

As required under Circular No. SEBI/MRD/SE/Cir-42/2003 dated 19.11.2003 issued by the Securities and Exchange Board of India; We hereby disclose that in addition to client based business, We are also doing proprietary trading.

Investor Grievances Email ID: investorgrievance@dbonline.in


Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and Maintained by CMOTS InfoTech (ISO 9001:2015 & ISO/IEC 27001:2022 Certified)
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries | Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. | Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors"