Max Estates (NSE:MAXESTATES) EBIT: ₹887 Mil (TTM As of Mar. 2026)


NSE:MAXESTATES Max Estates Ltd NSE:MAXESTATES
54 GF Score
Price ₹443.90
GF Value ₹604.12
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Max Estates EBIT?

Max Estates NSE:MAXESTATES +0.68% 54 EBIT is ₹887 Mil as of Mar. 2026. GuruFocus rates NSE:MAXESTATES with a GF Score™ of 54/100 and a GF Value™ of ₹604.12 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Max Estates's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹100 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹887 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Max Estates's annualized ROC % for the quarter that ended in Mar. 2026 was -0.29%. Max Estates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Max Estates's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.98%.


Max Estates  (NSE:MAXESTATES) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Max Estates's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-445.332 * ( 1 - 33.89% )/( (0 + 100626.032)/ 1 )
=-294.4089852/100626.032
=-0.29 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=124372.04 - 10206.408 - ( 13539.6 - max(0, 47804.235 - 85277.098+13539.6))
=100626.032

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Max Estates's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=400.832/( ( (0 + max(0, 0)) + (145.842 + max(24703.616, 0)) )/ 1 )
=400.832/( ( 0 + 24849.458 )/ 1 )
=400.832/24849.458
=1.61 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(122.66 + 68880.597 + 2734.241) - (10206.408 + 0 + 36827.474)
=24703.616

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Max Estates's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=886.668/90756.277
=0.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Max Estates EBIT Related Terms


Max Estates EBIT Historical Data

* Premium members only.

The historical data trend for Max Estates's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Max Estates EBIT Chart

Max Estates Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial 241.09 394.00 -251.64 994.87 886.67

Max Estates Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 378.21 341.58 279.05 165.84 100.21

Max Estates EBIT Competitor Comparison

For the Real Estate - Development subindustry, Max Estates's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Max Estates EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Max Estates's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Max Estates's EV-to-EBIT falls into.


NSE:MAXESTATES
54GF Score
Max Estates Ltd NSE:MAXESTATES
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Max Estates EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹887 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹887 Mil mean?
Max Estates (NSE:MAXESTATES) has a EBIT of ₹887 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Max Estates.
Is Max Estates' EBIT too high?
Max Estates' current EBIT is ₹887 Mil. Overall, Max Estates has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Max Estates' EBIT compare to competitors?
Max Estates' EBIT of ₹887 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Max Estates. Max Estates's current EBIT is ₹887 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Estates stock overvalued right now?
Based on GuruFocus' analysis, Max Estates (NSE:MAXESTATES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹604.12, compared to a current price of ₹443.90 — trading 26.5% below its estimated fair value. The current EBIT is ₹887 Mil. Max Estates' overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Max Estates (NSE:MAXESTATES), the current EBIT is ₹887 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Max Estates (NSE:MAXESTATES) Overvalued in 2026?

Based on GuruFocus' analysis, Max Estates stock appears to be undervalued. The current stock price of ₹443.90 is trading 26.5% below its estimated GF Value™ of ₹604.12. GuruFocus considers Max Estates to be Modestly Undervalued.

Key valuation signals for NSE:MAXESTATES:

  • EBIT: ₹887 Mil
  • GF Value™: ₹604.12 vs. price of ₹443.90 (26.5% below fair value)
  • GF Score™: 54/100 with 7 warning signs

No single metric tells the full story. See the NSE:MAXESTATES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Max Estates Business Description

Other Exchanges 544008:India
Address Plot No C 001/A, Sector 16B, Max Towers L 15, Noida, UP, IND, 201301
Max Estates Ltd is engaged in the business of real estate development. The company has paid close attention to creating a confluence of spaces that enable collaboration, innovation, and community, that are not just functional and aesthetically pleasing, but environmentally sustainable, and designed to promote the holistic wellness of its users. The Group is a one-segment company in the business of real estate development. The company involves Residential and Commercial Projects.
54GF Score

Get the complete analysis for NSE:MAXESTATES

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹443.90
Price
₹604.12
GF Value