Max Estates Reports Slight Dip in FY26 Pre-Sales Despite Strong Q4 Performance
Max Estates FY26 pre-sales dip slightly despite strong Q4 demand
Business Standard
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Max Estates, a realty firm in India, reported pre-sales of ₹5,305 crore (approximately $640 million USD) for FY26, a slight decrease from ₹5,321 crore in FY25. The company experienced a surge in Q4, with ₹3,392 crore in pre-sales, driven by new project launches in Gurugram and Noida.
- 01Max Estates reported pre-sales of ₹5,305 crore for FY26, down from ₹5,321 crore in FY25.
- 02The January-March quarter (Q4) of FY26 saw strong demand, contributing ₹3,392 crore to total pre-sales.
- 03Key projects included Estate 361 in Gurugram and two new launches in Noida.
- 04The company maintains a strong balance sheet with net debt of ₹174 crore.
- 05Max Estates aims to add 2 million square feet in residential and 1 million square feet in commercial space annually.
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Max Estates, a prominent realty firm based in India, reported a pre-sales figure of ₹5,305 crore (approximately $640 million USD) for the financial year 2025-26 (FY26), reflecting a slight dip from ₹5,321 crore in FY25. The company attributed this decline to overall market conditions, despite a robust performance in the January-March quarter (Q4) of FY26, which accounted for ₹3,392 crore of total pre-sales. Notably, the firm launched several new projects, including Estate 361 in Sector 36A, Gurugram, which alone generated ₹1,704 crore in pre-sales. Additionally, two projects in Noida, Estate 105 and Max One, reported pre-sales of ₹1,783 crore and ₹1,415 crore, respectively. Max Estates emphasized its ability to maintain a run rate of over ₹5,000 crore for two consecutive years, showcasing its resilience in a volatile macro environment. The company also reported collections of ₹1,578 crore for FY26 and plans to expand its development pipeline with a gross development value (GDV) of ₹16,000 crore. With a strong balance sheet and a goal to add 2 million square feet in residential and 1 million square feet in commercial space annually, Max Estates is positioned for continued growth.
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The performance of Max Estates indicates a stable real estate market in India, which could influence homebuyers' confidence and investment decisions.
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