Max Estates enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024


7,927	—	—	—
585	585	811	321
741	741	382	280
2,379	2,379	1,615	914
10,463	—	—	—
1,794	1,794	804	593
₹640.13	—	—	—

5,540	5,540	4,276	2,365
42.9%	42.9%	37.8%	38.7%
0.23×	—	—	—

52.34×	—	—	—
583.28×	—	—	—
−735.10×	—	—	—
200	199	160	92.9
17.9	23.7	44.4	17.8
−14.2	−8.7	10.3	−7.6
—	−616	225	271
−697	−697	−452	−49.8
—	−737	−471	−62.2
—	80.9	677	321

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

MAXESTATES₹485.00

Max Estates Limited

· Real Estate

₹ CrorePeersMAHLIFE GANESHHOU KALPATARU MANINFRA RUSTOMJEE KOLTEPATIL RAYMONDREL ASHIANAMcap ₹7,927 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	7,927.1
- Cash, Equiv & ST Investments	320.7	811.0	585.1	585.1
+ Minority Interest	279.6	382.5	741.3	741.3
+ Total Debt	914.2	1,614.7	2,379.3	2,379.3
Enterprise Value	—	—	—	10,462.6
Net Debt (memo)	593.5	803.7	1,794.3	1,794.3
EV per Share	—	—	—	640.13

Total Capital	2,364.7	4,275.7	5,540.5	5,540.5
Total Debt/Total Capital	38.66	37.77	42.94	42.94
Total Debt/EV	—	—	—	0.23

EV/Sales	—	—	—	52.34
EV/EBITDA	—	—	—	583.28
EV/EBIT	—	—	—	-735.10
Reference Items — Trailing FY Values
Sales	92.9	160.5	199.5	199.9
EBITDA	17.8	44.4	23.7	17.9
EBIT	-7.6	10.3	-8.7	-14.2
Operating Cash Flow	270.7	225.0	-615.6	—
Free Cash Flow	-49.8	-452.2	-696.5	-696.5
FCFF (free cash flow to the firm)	-62.2	-471.0	-737.2	—
Capital Expenditure	320.5	677.2	80.9	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.