Max Estates Q2FY27 Pre-Sales Surge 1246% YoY to ₹2,100 Crore, H1FY27 Total ₹3,200 Crore
Max Estates reported ~₹3,200 crore pre-sales in H1FY2027 and ~₹2,100 crore in Q2FY2027, a 1,246% YoY increase. Sustenance sales from Estate 361 were ₹1,747 crore in H1FY2027. The company plans new launches in H2FY2027 and aims to add 2 million sq. ft. residential and 1 million sq. ft. commercial space annually.
The significant YoY growth in pre-sales and the ambitious expansion plans for both residential and commercial segments indicate a high potential impact on the company's future financial performance and market position.
The company has reported a substantial year-on-year increase in pre-sales, indicating strong market performance and positive business momentum.
Max Estates Limited has announced a significant surge in its pre-sales performance for the first half of fiscal year 2027 (H1FY2027), delivering approximately ₹3,200 crore in pre-sales.
In the second quarter of FY2027 (Q2FY2027), the company achieved total pre-sales of approximately ₹2,100 crore, marking an impressive year-on-year increase of 1,246% compared to the ₹156 crore recorded in Q2FY2026. This growth was further bolstered by sales from the Max One project, which contributed ₹584 crore in Q2FY2027. The company sold 274 units in Q2FY2027 across its Noida and Gurugram projects, a substantial increase from the 24 units sold in the same period last year.
Sustenance sales from Estate 361 were strong, amounting to ₹1,747 crore in H1FY2027, with ₹962 crore specifically in Q2FY2027. The company's offerings span millennial-focused residences to senior living, with price points ranging from ₹3.50 crore to ₹35 crore, reflecting the broad appeal of its residential portfolio in the NCR region.
Collections for Q2FY2027 stood at approximately ₹560 crore. Max Estates typically sees annual collections between 20-25% of sales value, which supports ongoing construction without the need for incremental debt in its residential projects.
Looking ahead to H2FY2027, Max Estates plans major launches in Noida and Gurugram during Q3 and Q4. The company aims to add 2 million sq. ft. in the residential segment annually. The commercial portfolio remains fully leased, generating over ₹160 crore in annual rentals, with an aspiration to achieve an annuity rental income potential of over ₹700 crore across all stages of development within the next five years. The company also aims 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.