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Max Estates ends higher after reporting five-fold jump in Q1 pre-sales

03-Jul-26   16:01 Hrs IST
The company has sold 487 units in Q1 FY27 across its projects in Noida and Gurugram compared to 43 units sold in Q1 FY26, reflecting more than a tenfold increase in unit sales.

Collections stood at Rs 500 crore in Q1 FY27. The company said that its annual collections across its residential projects typically range between 20'25% of the sales value, enabling it to undertake construction without incurring any incremental debt for its residential projects.

The company entered FY27 with GDV pipeline of around Rs 17,200 crore comprising projects Estate 105, Max One, Estate 361 and the high-potential residential community in Sector 59, Gurugram. The company plans to launch major projects in Noida and Gurugram in Q2 and Q3 of FY27. In addition, the company aspires to add 2 million sq. ft. in the residential segment every year.

The company's commercial portfolio continues to be 100% leased, generating annual rental income of more than Rs 150 crore. It expects the overall commercial portfolio, including completed, under-construction and acquisition assets, to have the potential to generate annual rental income of over Rs 700 crore over the next five years. The company aspires to add 1 million sq. ft. in the commercial segment every year.

Max Estates is a leading Real Estate developer in the NCR region. The company has developed a very well diversified portfolio of real estate across the two asset classes in Delhi NCR.

The company reported a consolidated net loss of Rs 4.08 crore in Q4 FY26 compared with net profit of Rs 13.99 crore in Q4 FY25. Revenue from operations jumped 24.26% YoY to Rs 49.43 crore in Q4 FY26.

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