Approval of audited standalone and consolidated financial results of the Company for the quarter and financial year ended March 31, 2026
MAXESTATES · price
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Max Estates Limited reported consolidated revenue from operations of Rs 19,945.28 lakhs in FY26 vs Rs 16,048.76 lakhs in FY25, marking ~24% YoY revenue growth. However, consolidated PAT declined to Rs 1,569.26 lakhs in FY26 from Rs 2,643.01 lakhs in FY25 — a ~40% drop — despite higher total income of Rs 29,680.08 lakhs. The company posted a net loss of Rs 408 lakhs in Q4 FY26. Standalone PAT also fell to Rs 5,810.94 lakhs from Rs 6,359.70 lakhs. Total assets grew sharply from Rs 724.61 crore to Rs 1,243.72 crore, reflecting heavy investment in land and new project SPVs. Multiple new project launches (Estate 361, Estate 105, Max One) and acquisitions (Boulevard Projects, Base Buildwell) were completed during the year. Statutory auditors issued an unmodified opinion on both standalone and consolidated results. The group also holds significant contingent liabilities related to land acquisitions.
Revenue grew over 24% but PAT fell ~40% due to higher advertising costs, finance costs, and new project expenses. The Q4 net loss and declining PAT YoY may concern investors, though the firm maintains positive annual profitability and is in an active investment phase.