Max Estates (NSE:MAXESTATES) Interest Coverage: 0 (At Loss) (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 Interest Coverage?

Max Estates NSE:MAXESTATES +0.68% 54 Interest Coverage is 0 (At Loss) 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. Among 1,299 Real Estate companies, Max Estates ranks worse than 76982.22% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Max Estates's Operating Income for the three months ended in Mar. 2026 was ₹-111 Mil. Max Estates's Interest Expense for the three months ended in Mar. 2026 was ₹-162 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Max Estates's Interest Coverage or its related term are showing as below:


NSE:MAXESTATES's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.25
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Max Estates  (NSE:MAXESTATES) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Max Estates Interest Coverage Related Terms


Max Estates Interest Coverage Historical Data

* Premium members only.

The historical data trend for Max Estates's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Max Estates Interest Coverage Chart

Max Estates Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.30 0.97 0.00 0.17 0.00

Max Estates Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 0.02 0.32 0.13 0.00 0.00

Max Estates Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Max Estates's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Max Estates's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Max Estates's Interest Coverage falls into.


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

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Max Estates's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Max Estates's Interest Expense was ₹-654 Mil. Its Operating Income was ₹-87 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23,348 Mil.

Max Estates did not have earnings to cover the interest expense.

Max Estates's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Max Estates's Interest Expense was ₹-162 Mil. Its Operating Income was ₹-111 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23,348 Mil.

Max Estates did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Max Estates (NSE:MAXESTATES) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Max Estates and its competitors. According to the industry distribution chart, Max Estates ranks #999999 out of 1299 companies in the Real Estate industry.
Is Max Estates' Interest Coverage too high?
Max Estates' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Max Estates ranks #999999 out of 1299 companies in the Real Estate industry, which is in the bottom quartile relative to peers. 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' Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Max Estates ranks #999999 out of 1299 companies for Interest Coverage. This places Max Estates in the lower half of its industry. The industry median Interest Coverage is 4.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.25, based on 1,299 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Max Estates and its competitors. For the Real Estate industry, the median Interest Coverage is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Estates's current Interest Coverage is 0 (At Loss). 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 Interest Coverage is 0 (At Loss). 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Max Estates (NSE:MAXESTATES), the current Interest Coverage is 0 (At Loss) 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:

  • Interest Coverage: 0 (At Loss)
  • 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

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

₹443.90
Price
₹604.12
GF Value