Max Estates Q1FY27 Pre-Sales ₹1,100 Crore, Up 5x YoY
Max Estates reported Q1 FY2027 pre-sales of ~₹1,100 crore, a 5x increase YoY. The company sold 487 units, including the fully sold Phase 1 of The Terraces (~₹500 crore). Collections were ~₹500 crore. The GDV pipeline stands at over ₹17,200 crore for future growth.
The substantial increase in pre-sales, strong unit sales growth, and a large future GDV pipeline indicate a significant positive impact on the company's financial performance and future growth trajectory.
The company reported a significant 5x year-over-year increase in pre-sales, strong unit sales, and a robust future pipeline, indicating positive business performance and growth prospects.
Max Estates Limited announced its pre-sales performance for the first quarter of FY2027, achieving a total of approximately ₹1,100 crore. This represents a significant increase of over five times compared to the same period in FY2026.
The company sold 487 units in Q1FY2027 across its projects in Noida and Gurugram, a more than tenfold increase from the 43 units sold in Q1FY2026. The newly launched Phase 1 of The Terraces was fully sold, contributing approximately ₹500 crore in sales realization, while sustenance sales amounted to approximately ₹600 crore.
Collections for the quarter reached approximately ₹500 crore. The company highlighted that its annual collections typically range between 20-25% of the sales value, which enables construction without incremental debt for residential projects.
Looking ahead, Max Estates has a total Gross Development Value (GDV) pipeline of over ₹17,200 crore set to fuel growth from FY27 onwards. This includes projects like Estate 105, Max One, Estate 361, and a residential community in Sector 59, Gurugram. Major launches in Noida and Gurugram are planned for Q2 and Q3 of FY2027. The company aims to add 2 million sq. ft. in the residential segment annually.
The commercial portfolio remains 100% leased, generating over ₹150 crore in annual rentals. The company projects an annuity rental income potential of over ₹700 crore for its overall commercial portfolio within the next five years, aspiring to add 1 million sq. ft. in the commercial segment each year.
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Max Estates Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Max Estates Limited. Read the original for the full detail.