Max Estates Ltd

Max Estates launched a first of its kind 'forest anchored' residential community, Estate 361, in Sector 36A, Gurugram. Designed for all lifestyles, Estate 361 is Spread over 18.23 acres. This thoughtfully designed residential community offers a 'forest in your backyard' with over 2,50,000 sq. ft. of forest greens home to 1,000+ indigenous trees and over 50 species of flora carefully selected to thrive in Gurugram's climate. The community reflects a conscious commitment to sustainability through IGBC Platinum Pre-certification, bringing Max Estates' LiveWell philosophy to life. The first phase of Estate 361 will also feature The Hub, the community clubhouse offering over 2,00,000 sq. ft. of amenities, including an all-weather pool, gym, spa, all-day dining, racket courts, and more. The Hub also includes 70,000 sq. ft. of beautifully landscaped terrace greens accessible to residents.Powered by Capital Market - Live

Net revenue for the period under review was Rs 48.8 crore, up 21.4% YoY. Total leased area rose by 18% YoY to 1,229,109 square feet while lease rental income jumped 41% YoY to Rs 38.3 crore in Q2 FY26. EBITDA improved by 18.8% to Rs 10.1 crore in Q2 FY26 from Rs 8.5 crore recorded in Q2 FY25. EBITDA margin in the second quarter was 20.7% as against 21.3% in the same period last year. The company posted a pre-tax profit of Rs 11.6 crore in Q2 FY26 as against a pre-tax loss of Rs 1.2 crore registered in Q2 FY25. The company's debt as on September 2025 stood at Rs 1,571 crore, including LRD (lease rental discounting) loans of Rs 867 crore. Cash & cash equivalents as on September 2025 stood at Rs 1,897 crore. Max Estates is the real estate arm of the Max Group. The company develops premium commercial and residential spaces in Delhi NCR. The company has developed a very well diversified portfolio of real estate across the two asset classes in Delhi NCR and in this pursuit has partnered with New York Life Insurance Company (NYL) particularly for commercial office platform. Powered by Capital Market - Live

Net profit of Max Estates rose 238.14% to Rs 7.27 crore in the quarter ended September 2025 as against Rs 2.15 crore during the previous quarter ended September 2024. Sales rose 21.38% to Rs 48.77 crore in the quarter ended September 2025 as against Rs 40.18 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales48.7740.18 21 OPM %20.6921.25 - PBDT19.677.20 173 PBT11.63-1.21 LP NP7.272.15 238 Powered by Capital Market - Live

Max Estates will hold a meeting of the Board of Directors of the Company on 3 November 2025.Powered by Capital Market - Live

Max Estates has allotted 11,41,552 equity shares on conversion of warrants on 10 October 2025. With this allotment, the paid up equity share capital has increased to Rs 162,18,79,960 consisting of 16,21,87,996 equity shares of face value of Rs 10/- each.Powered by Capital Market - Live

This deal entails the purchase of 100% shareholding in Base Buildwell (BBPL), a project SPV holding license, and development rights over 7.25 acre of land, subject to regulatory approvals and closing conditions. The project has a development potential of nearly 1.3 million square feet with an expected outlay of approximately Rs 534 crore and is expected to generate a booking value of more than Rs 3,000 crore. With this deal, Max Estates' GDV pipeline expands from Rs 14,000 crore to over Rs 17,000 crore, comprising multiple projects across Gurugram and Noida scheduled for launch from Q3 FY26 onwards. This deal marks Max Estates' continued expansion in Gurugram's luxury residential market, complementing its successfully launched Estate 360 project located on Dwarka Expressway (Sector 36 A), which has achieved pre-sales of Rs 4,800 crore, and upcoming launch of an 18.23 acre development contiguous to Estate 360, with a potential of 4 million square feet of saleable area and GDV of Rs 9,000 crore. Sahil Vachani, vice chairman and managing director, Max Estates, said: 'This marquee deal is a significant milestone in Max Estates' journey of building NCR's most trusted luxury real estate brand. It furthers our unwavering commitment to curate 'LiveWell' and 'WorkWell' experiences across key development vectors in Delhi NCR, including Noida Expressway, Dwarka Expressway and Golf Course Extension Road (GCER). GCER is today among the most vibrant residential hubs, and this project will strengthen our growing footprint in Gurugram.' Max Estates is the real estate arm of the Max Group. The company develops premium commercial and residential spaces in Delhi NCR. The company has developed a very well diversified portfolio of real estate across the two asset classes in Delhi NCR and in this pursuit has partnered with New York Life Insurance Company (NYL) particularly for commercial office platform. The company's consolidated net profit surged to Rs 11.45 crore in the quarter ended June 2025 as against Rs 1.57 crore during the previous quarter ended June 2024. Sales rose 27.12% to Rs 51.47 crore in Q1 FY26 over Q1 FY25. Powered by Capital Market - Live

The Board of Directors of Max Estates has on 05 September 2025, considered and approved the execution of Securities Purchase Agreement for acquisition of Base Buildwell (BBPL), a project SPV holding license and development rights over 7.25 acre land parcel located at Sector 59, Golf Course Extension Road, Gurugram. The acquisition will result in BBPL becoming a Wholly-owned Subsidiary of the Company upon completion of the transaction, subject to regulatory approvals and closing conditions. Powered by Capital Market - Live

Max Estates announced that the 9th Annual General Meeting(AGM) of the company will be held on 18 September 2025.Powered by Capital Market - Live

Net profit of Max Estates rose 629.30% to Rs 11.45 crore in the quarter ended June 2025 as against Rs 1.57 crore during the previous quarter ended June 2024. Sales rose 27.12% to Rs 51.47 crore in the quarter ended June 2025 as against Rs 40.49 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales51.4740.49 27 OPM %27.0337.61 - PBDT25.255.89 329 PBT16.84-2.88 LP NP11.451.57 629 Powered by Capital Market - Live

Max Estates will hold a meeting of the Board of Directors of the Company on 8 August 2025.Powered by Capital Market - Live