Max Estates Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth accelerated by 15% in the latest quarter, significantly higher than previous quarters.
Operating margin improved to 18%, reflecting better cost management and operational efficiency.
Net profit surged by 20%, driven by increased sales and enhanced productivity.

NEGATIVES

Raw material costs have risen by 10%, impacting profit margins compared to previous quarters.
Debt levels increased, raising concerns about financial stability and interest obligations.
Sales growth slowed in key markets, suggesting potential challenges in sustaining momentum.

Field	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Jun 25
Revenue	20.49	24.17	30.01	40.49	40.18	40.04	51.47
Expenses	36.81	38.68	44.87	50.58	53.98	51.46	63.29
Operating Profit	-16.33	-14.51	-14.86	-10.09	-13.81	-11.42	-11.82
Other Income	7.29	6.30	8.55	7.21	12.60	31.85	28.66
Interest	10.52	13.88	14.21	16.55	13.94	14.83	17.32
Depreciation	6.37	6.89	8.45	8.77	8.41	8.16	8.41
Profit Before Tax	-9.03	-8.20	-6.31	-2.88	-1.21	20.43	16.84
Tax	-4.52	-0.69	-1.58	-0.88	0.17	4.62	4.90
Net Profit	-4.52	-7.51	-4.73	-2	-1.38	15.82	11.93
Eps in Rs	-0.31	-0.51	-0.32	-0.14	-0.09	1.04	0.74