Max Estates Ltd

Max Estates Ltd reported strong pre-sales of ₹5,305 crore in FY26, marking the second consecutive year exceeding ₹5,000 crore. Collections increased by 61% YoY to ₹1,578 crore. The company has a locked-in pre-sales revenue of ₹12,500 crore to be recognized upon possession. Max Estates secured a GDV pipeline of over ₹17,200 crore and aims to add 2 mn sq. ft. residential and 1 mn sq. ft. commercial annually. The commercial portfolio maintains 100% occupancy, with Lease Rental Income up 40% YoY to ₹154 crore.

Max Estates Ltd. has announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The announcement was made following a Board of Directors meeting held on May 22, 2026, where the results were considered and approved. The Statutory Auditors have issued unmodified audit reports on the financial results. The board meeting commenced at 17:30 hrs and concluded at 21:30 hrs.

Max Estates Ltd. has announced the approval of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The decision was made during a Board of Directors meeting. The approved financial results, along with the Auditors’ Report, have been submitted to the stock exchanges. The Statutory Auditors have issued unmodified opinions on the financial results.

Max Estates Ltd has scheduled a Board of Directors meeting on May 22, 2026, to consider and approve the audited financial results (standalone and consolidated) for the financial year ending March 31, 2026. The trading window remains closed until 48 hours after the results announcement, i.e., May 24, 2026.

Max Estates Ltd. has released the Monitoring Agency Report by CARE Ratings Limited for the quarter ended March 31, 2026, regarding the utilization of proceeds from its Qualified Institutional Placement (QIP) and Preferential Issue of Convertible Warrants. The report, reviewed by the Audit Committee and Board of Directors, confirms no deviation from the stated objectives of the issue. The QIP, which concluded on September 3, 2024, raised ₹800 crore, with net proceeds available for utilization amounting to ₹779.58 crore after deducting expenses of ₹20.42 crore. The report declares an objective view of the utilization of issue proceeds based on information provided by the issuer.

Max Estates Ltd has launched The Terraces, a new residential project within Estate 361 in Gurugram. The project offers 1.5 & 2-bedroom smart homes and duplex loft residences with a gross development value of ₹1,200 crore, part of the larger Estate 361 with an overall GDV of ₹9,000 crore. Phase 1 comprises 120 residences starting at ₹2.4 crore. The Terraces features 8 shared community terraces and integrates wellness, nature, and community.

Max Estates Ltd has issued an additional corporate guarantee of INR 100 Crores for its subsidiary, Max Square Limited (MSL), on April 27, 2026. This new guarantee, combined with earlier guarantees of INR 250 Crores, brings the total corporate guarantee obligation to INR 350 Crores for loans taken by MSL from ICICI Bank Limited and Yes Bank Limited. These loans are intended to fund the balance cost of construction and development of a commercial project in Sector 129, Noida. The corporate guarantee is a contingent liability for Max Estates and will not impact its consolidated debt position. The transaction is a related party transaction, executed at arm's length.

Max Estates Limited (Max Estates), a leading real estate developer in the National Capital Region (NCR), announced its pre-sales performance for FY 2026. The company achieved total pre-sales of ~INR 5,305 crore, driven by the fourth quarter which accounted for ~INR 3,392 crore of the total volume. The projects Estate 361, Estate 105, and Max One contributed significantly to the pre-sales. The company has a strong balance sheet with a net debt of ~INR 174 crore and cash & cash equivalents of INR 1,685 crore as of March 2026.

Max Estates Ltd has announced the closure of its trading window for all designated persons, including promoters, directors, key managerial personnel, designated employees, and other connected persons. The closure is in accordance with the Company's Policy on Prevention of Insider Trading and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will be closed from Wednesday, April 1, 2026, till 48 hours after the announcement of the audited financial results for the Financial Year ending March 31, 2026. The date of the Board Meeting for the declaration of financial results will be announced in due course.

Max Estates Limited, a leading real estate developer in the National Capital Region (NCR), has launched a movement-first residential community, Estate 105, located in Sector 105, Noida. The low-density community, designed to nurture well-being and vitality, is part of a larger ~10.33 acre planned development with the first phase estimated to have a Gross Development Value (GDV) of ~INR 3,000 cr. Estate 105 features 2.5 acres of car-free biophilic landscape, an elevated jogging track, and is located along the Noida-Greater Noida Expressway. The community is designed around the LiveWell philosophy, with over 72,000 sq. ft. of amenities, including an Integrated Sports Ecosystem and nature-led playgrounds.