Max Estates Limited has scheduled a non-deal roadshow (NDR) to engage with analysts and institutional investors on June 18, 2026. The meeting aims to discuss the company's performance and outlook based on publicly available information, ensuring no unpublished price-sensitive information is shared during the session.

The event is organized by Motilal Oswal Financial Services Ltd. and will feature one-on-one meetings with company officials. The roadshow is part of the company's routine investor relations activities under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.

The details of the meeting are as follows:

Max Estates noted that changes to the schedule may occur due to exigencies on the part of the participants or the company. The disclosure was submitted to BSE Limited and The National Stock Exchange of India Limited for compliance purposes.

Max Estates Limited filed the transcript of its earnings conference call for the quarter and financial year ended March 31, 2026, with the stock exchanges on June 1, 2026. The call, conducted on May 26, 2026, at 11:00 A.M. IST, was led by Managing Director and Vice Chairman Mr. Sahil Vachani and Chief Financial Officer Mr. Nitin Kansal. The company reported a robust operational performance for the year, crossing the INR5,000 crore presales milestone for the second consecutive year, while maintaining a net debt positive position.

For the full financial year, Max Estates achieved presales of INR5,305 crores, reflecting a 3-year compound annual growth rate (CAGR) of 70% from FY24. The fourth quarter of FY26 was the strongest on record, with bookings of INR3,300 crores driven by the launches of Estate 105 in Noida and Max One in Sector 16B Noida. Collections for the year increased by 61% year-on-year to INR1,578 crores. Average realizations rose to INR23,000 per square foot in FY26, up from INR20,000 in the previous year, supported by better micro-market positioning and product quality.

Operational Highlights

The company's commercial portfolio continued to perform strongly, with all three operational assets—Max Towers, Max House Phase 1 and Phase 2, and Max Square—maintaining 100% occupancy. Lease rental income grew 40% year-on-year to INR150 crores in FY26. The aggregate leased area stood at 1.2 million square feet as of March 31, 2026. Management highlighted that the national capital region recorded the highest rental growth among major Indian cities at approximately 15% year-on-year.

Financial Position and Outlook

On the financial front, the company reported consolidated revenue of INR200 crores, EBITDA of INR24 crores, and profit before tax of INR23 crores for FY26. Max Asset Services contributed INR88 crores to the revenues. The balance sheet remained healthy with total debt of INR1,850 crores as of March 31, 2026, against cash and cash equivalents of INR1,750 crores, resulting in a net debt position of approximately INR100 crores. Of the total debt, INR970 crores represents lease rental discounting against operational commercial assets.

Looking ahead, Max Estates has a residential pipeline of over INR17,200 crores. The company recently launched The Terraces within Estate 361, with a development value of approximately INR1,200 crores, and plans to launch a project in Sector 59, Gurugram, with an estimated gross development value (GDV) of INR3,900 crores. Management stated that total revenue from launch projects yet to be recognized stands at INR16,310 crores, with an embedded profit before tax estimated between INR4,200 crores and INR4,900 crores.