Max Estates Limited (MAXESTATES) Earnings Call Transcripts

Max Estates Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Max Estates Limited reported strong performance with presales reaching INR 3,300 crores, marking the highest quarterly performance in the company's history. For the full fiscal year, presales totaled INR 5,305 crores, maintaining the INR 5,000 crore milestone for the second consecutive year. Revenue for FY '26 was INR 200 crores, with a PBT of INR 23 crores, reflecting a solid operational foundation despite a cautious market sentiment influenced by global uncertainties. Management did not provide explicit guidance for FY '27 but indicated a robust pipeline of projects worth INR 17,000 crores, signaling confidence in future growth.

Reported metrics

Guidance from management

Management did not provide explicit presales guidance for FY '27 but indicated a strong pipeline with INR 17,000 crores in GDV planned for launch. They emphasized a cautious approach to launching based on market conditions.

What management said

I would have might as well to share the guidance in that case. But I think we -- like I said, I think the situation is evolving. And I think from -- for the health of the long-term nature of the good health of Max Estates, we want to be able to continue to make very, very high-quality sales that we've done. So I will refrain from commenting on that at this time, Mohit. I hope you understand. Thank you.

Yes. I think in general, there is a cautious sentimental approach that is flowing across all the segments, if I can share that from all 3 across The Terraces, across what we call the Luxury and the Ultra-Luxury segment. I think it's cautious, but I would not say that there is no demand. I think there is still a good level of demand. What we are pleased about is that there is more about end user demand that's coming t...

What analysts pressed on

Analysts expressed concerns regarding the cautious sentiment in the market and the impact of geopolitical factors on demand. There were questions about the potential for future presales growth and how the company plans to navigate these uncertainties.

Main topics on the call

• Record Quarterly Presales — Max Estates achieved presales of INR 3,300 crores in Q4 FY '26, driven by major launches such as Estate 105 and Max One. This performance was described as 'by far our strongest quarterly performance ever.'
• Strong Collection Growth — Collections for FY '26 reached INR 1,578 crores, up 61% year-on-year, reflecting the company's ability to fund construction effectively. Management noted that 'the collection engine has strengthened meaningfully.'
• Future Revenue Visibility — Max Estates has INR 16,310 crores in revenue from launch projects yet to be recognized, with INR 12,500 crores already sold and contracted. This provides a 'substantial majority' of future revenue, which 'derisks the ear...
• Market Sentiment and Caution — Management acknowledged a 'cautious sentiment' in the residential market due to global uncertainties, but emphasized that the demand remains robust, particularly from end users. They stated, 'we are cautiously optimistic...

Read the full Max Estates Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 4 Max Estates Limited earnings call transcripts on record, spanning February 10, 2025 to May 26, 2026. Based on this history, Max Estates Limited reports semi-annually. The most recent call on file is dated May 26, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MAXESTATES

Exchange

NSEI

Country

IN

Sector

Real Estate

Industry

Real Estate Management and Development

Calls on record

4

First call

February 10, 2025

Most recent

May 26, 2026

Reporting cadence

semi-annually