profit from every ₹100 of sales.

MAX Estates
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹5.95 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What MAX Estates sold, what it kept, and what it did with the cash.
Sales went from $1.07 billion in 2023 to $1.99 billion in 2026, with $157 million of profit last year.
MAX Estates vs. similar companies
MAX Estates grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
MAX Estates | 6.0× · Cheap | ||
Sun Hung Kai Properties | 17.2× · Fair price | ||
Emaar Properties PJSC | 6.5× · Cheap | ||
China Resources Land | 7.5× · Cheap | ||
CK Asset Holdings | 15.6× · Fair price |
AI analysis
An AI analyst reads MAX Estates's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 1,073 | 929 | 1,605 | 1,995 | |
| 813 | 832 | 1,559 | 1,956 | |
| 168 | -69 | 103 | -87 | |
| 543 | 2 | 1,336 | 1,211 | |
| 190 | -422 | 264 | 157 | |
| 1.29 | -2.87 | 1.70 | – | |
| 75.8% | 89.5% | 97.2% | 98.1% | |
| 15.6% | -7.4% | 6.4% | -4.4% | |
| 17.7% | -45.4% | 16.5% | 7.9% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 22,272 | 31,014 | 72,461 | 124,372 |
| Cash | 176 | 2,307 | 2,290 | 2,049 |
| Total debt | 8,616 | 9,994 | 16,562 | 24,119 |
| Total liabilities | 9,733 | 16,509 | 45,851 | 92,760 |
| 12,112 | 11,709 | 22,785 | 24,199 | |
| 147 | 147 | 155 | – | |
| 1.4% | -0.9% | 1.9% | 1.4% | |
| 1.6% | -3.6% | 1.2% | 0.6% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -4,564 | 2,707 | 2,250 | -6,156 | |
| 5,224 | 3,205 | 6,772 | 809 | |
| -9,788 | -498 | -4,522 | -6,965 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 11 | 8 | 13 | 46 |
Valuation
- 6.0×
- –
- –
- 2.9×
- 0.5×
- –
- 19.0×
- -745.9%
- 16.8%
- –
Profitability
- 98.1%
- -4.4%
- 7.9%
- –
- 1.4%
- 1.0%
- –
- –
- –
- –
Growth
- +22.9%
- –
- –
- –
- +1.9%
Financial health
- 18.2×
- 1.00
- –
- 1.4×
- 1.78
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about MAX Estates
Is MAX Estates a good stock to buy?
A business with weak numbers, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the MAX Estates AI analysis
What does MAX Estates do?
Max Estates Limited develops and constructs residential and commercial properties. The company also offers investment, facility management, managed office, and shared services. It is in Real Estate - Development, based in Noida, India.
Is MAX Estates stock halal?
Yes. MAX Estates passes our halal screen: its business is permitted and its debt is 28% of its market value, under the 30% limit. How we check
How has MAX Estates stock done over the past year?
Up 18.0% over the past twelve months, to ₹534.75. It traded between ₹308.75 and ₹616.80 and is 13.3% below its high.
Who are MAX Estates's competitors?
The largest listed companies in the same industry are Sun Hung Kai Properties, Emaar Properties PJSC, China Resources Land and CK Asset Holdings. The peers table on this page compares their profit, growth and price with MAX Estates's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



