💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Max Estates Limited is an India-based company, which is engaged in the business of real estate development. The Company is involved in various businesses, such as construction and development of residential and commercial properties; making investments in various companies…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection — but flagged on governance.
MAX ESTATES LIMITED is scored on the general / industrial framework. It keeps a slim 5.3% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -39.24×) — worth a closer look. Free cash flow is worth about -11.0% of its market value.
Over the last 3 years revenue compounded at 31%/yr and profit at -5%/yr. Book value itself has compounded 36%/yr — the hallmark of a genuine compounder. Return on equity is a weak 0.3%.
At 486× earnings, the stock sits at the 100th percentile of its own 1.8-year range — the expensive end of where it has historically traded. The forensic screen raises 2 red flags: Only ₹-105.35 of cash per ₹1 profit over 4 years — earnings not converting to cash; 419% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 915.27 | — | — |
| P/B | 3.37 | 5.98 | better |
| EV/EBITDA | 97 | 92.63 | worse |
| ROE | 0.28 | — | — |
| ROCE | 1.06 | 4.03 | worse |
| ROA | 0.06 | — | — |
| Quick Ratio | 0.34 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| DLF | 40.7 | 4.1 | 10.0% |
| Macrotech Developers | 27.3 | 4.8 | 17.2% |
| The Phoenix Mills | 45.8 | 8.4 | 14.3% |
31% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a -41% swing — check if it's a one-off or structural.
Operating margin has compressed from 17% to 8% — costs or competition are eating into profitability.
ROE at 1% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (-8% vs -12%) — share dilution is eroding per-share value. -12% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 13% sequentially — momentum is building.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 305% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 1.8y median.
Promoters at 45.2% — dispersed ownership; institutional flows drive the stock. Both FII and MF added last quarter — broad institutional confidence.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.