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Max heights Infrastucture Ltd

Realty › Realty
₹9.60
at close · 28 Oct 2026
▼ 0.40 (-4.00%)

Latest filings

  1. RTA confirms no physical share certificates for demat in Q2 FY27 · Compliance
  2. AGM voting results published in newspapers - all resolutions approved · Compliance
  3. Max Heights Infra shareholders approve Konica Arora as Independent Director · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Develops and sells residential and commercial real estate projects in India as its primary activity, alongside smaller finance and securities-investment businesses. The real estate segment brought in Rs 7.6957 crore of revenue in FY26, more than double the Rs 3.5507 crore reported in FY25, and accounts for the dominant share of the year's Rs 8.27 crore total revenue. The finance segment contributed Rs 0.634 crore and the shares-investment segment Rs 0.1584 crore. Reported FY26 net profit was Rs 0.98 crore, a turnaround from a Rs 0.40 crore loss in FY25, with an EBITDA margin of 20.83%. The cost base is light: employees account for 5.1% of revenue, other operating expenses 2.9%, and depreciation 2.4%, and the company runs with very low leverage at a debt-to-equity of 0.11. The promoter group stake, held via Pitampura Leasing & Housing Finance Ltd, stood at 4.14% of equity as of mid-2026.

Operating scale
Real Estate segment revenue
Rs 7.6957 croreFY26
Real Estate segment revenue
Rs 3.5507 croreFY25
Finance segment revenue
Rs 0.634 croreFY26
Shares segment revenue
Rs 0.1584 croreFY26
Promoter group stake (via Pitampura Leasing & Housing Finance Ltd)
4.14%June 2026
Total equity share capital
Rs 15.61 croreFY26
Who pays it
Property buyers for the real estate segment, borrowers for finance, and counterparties for share transactions
Biggest cost
Employee cost at 5.1% of revenue is the largest disclosed operating cost; construction and land costs are not separately reported
Kind of business
Small-cap, low-leverage real estate developer with ancillary finance and investment activities
Where it sits
Listed on BSE; operates alongside promoter-group entity Pitampura Leasing & Housing Finance Ltd
Market Cap
₹15 Cr
P / E (TTM)
22.9×
EV / EBITDA
177.6×
Div Yield
—
Growth
-13.2%▼
Revenue 5y CAGR
PAT -14.0% · EBITDA -29.8%
Quality
2.5%·
ROCE (5y median)
ROE 0.8% (5y median) · margin 5.2%
Leverage
2.37·
Debt / Equity · high
Net debt ₹69 Cr
Revenue FY19→FY24
0.5×▼
Margin −0.1 pts
₹45 Cr → ₹22 Cr
Moves on a normal day
2.94%·
Median daily move
Last 258 sessions · the yardstick for filing-day moves
Where it sits among 92 Residential, Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#37/61
P/B#18/70
ROCE#56/88
ROE#42/73
Debt / Equity#65/73
Revenue growth#55/64
Profit growth#12/79

Scorecard

Measured from the filed financials, judged against its Residential, Commercial Projects peers · as of FY24 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Revenue shrinking over 5 years (−13% a year)
Profit shrinking over 5 years (−14% a year)
Returns on capital 2.5% (5-year median)
#56 of 88 in Residential, Commercial Projects on the latest reported figures · down from 8.1% in FY19
Carries more debt than its peers — 2.37× equity
higher than 89% of its 73 Residential, Commercial Projects peers
Heavy working capital — 1558 days of cash tied up

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from Max heights Infrastucture Ltd's filed financials and exchange disclosures

What does Max heights Infrastucture Ltd do?

Max heights Infrastucture Ltd is a Realty company listed on BSE.

Is Max heights Infrastucture Ltd profitable?

No. Over the trailing twelve months Max heights Infrastucture Ltd reported a net loss of ₹0.15 Cr on revenue of ₹15 Cr.

Does Max heights Infrastucture Ltd pay a dividend?

Not in the latest reported year — Max heights Infrastucture Ltd's dividend payout for FY24 was nil.

Is Max heights Infrastucture Ltd debt-free?

No. It reported borrowings of ₹70 Cr on its 31 Mar 2024 balance sheet, or net debt of ₹69 Cr after cash. Debt stands at 2.37× equity. That is higher than 89% of its 73 Residential, Commercial Projects peers.

Is Max heights Infrastucture Ltd expensive compared with its peers?

On trailing P/E, Max heights Infrastucture Ltd ranks 37 of 61 in Residential, Commercial Projects — cheaper than 40% of them, against an industry median of 17.4×. This is a position, not a valuation judgement.

How much does the Max heights Infrastucture Ltd share price move in a day?

On a typical session Max heights Infrastucture Ltd moves 2.94% — that is the median absolute close-to-close move across its last 258 trading days. MarketPing measures each filing's price reaction against it.

Where can I track Max heights Infrastucture Ltd's announcements?

Every NSE and BSE filing by Max heights Infrastucture Ltd appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.