Max Estates (NSE:MAXESTATES) Operating Margin %: -22.52% (As of Mar. 2026)


NSE:MAXESTATES Max Estates Ltd NSE:MAXESTATES
54 GF Score
Price ₹440.90
GF Value ₹608.15
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Max Estates Operating Margin %?

Max Estates NSE:MAXESTATES -0.42% 54 Operating Margin % is -22.52% as of Mar. 2026. GuruFocus rates NSE:MAXESTATES with a GF Score™ of 54/100 and a GF Value™ of ₹608.15 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,745 Real Estate companies, Max Estates ranks worse than 77.65% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Max Estates's Operating Income for the three months ended in Mar. 2026 was ₹-111 Mil. Max Estates's Revenue for the three months ended in Mar. 2026 was ₹494 Mil. Therefore, Max Estates's Operating Margin % for the quarter that ended in Mar. 2026 was -22.52%.

The historical rank and industry rank for Max Estates's Operating Margin % or its related term are showing as below:

NSE:MAXESTATES' s Operating Margin % Range Over the Past 10 Years
Min: -62.22   Med: -4.35   Max: 29.27
Current: -4.35


NSE:MAXESTATES's Operating Margin % is ranked worse than
77.65% of 1745 companies
in the Real Estate industry
Industry Median: 13.21 vs NSE:MAXESTATES: -4.35

Max Estates's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Max Estates's Operating Income for the three months ended in Mar. 2026 was ₹-111 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-87 Mil.


Max Estates  (NSE:MAXESTATES) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Max Estates Operating Margin % Related Terms


Max Estates Operating Margin % Historical Data

* Premium members only.

The historical data trend for Max Estates's Operating Margin % 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 Operating Margin % Chart

Max Estates Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial 29.27 15.62 -7.40 6.42 -4.35

Max Estates Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Margin % 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 0.76 10.69 4.19 -10.23 -22.52

Max Estates Operating Margin % Competitor Comparison

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

For the Real Estate industry and Real Estate sector, Max Estates's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Max Estates's Operating Margin % falls into.


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

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Max Estates's Operating Margin % for the fiscal year that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-86.812 / 1994.528
=-4.35 %

Max Estates's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-111.333 / 494.334
=-22.52 %

* 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 Operating Margin % →
What does a Operating Margin % of -22.52% mean?
Max Estates (NSE:MAXESTATES) has a Operating Margin % of -22.52% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Max Estates and its competitors. According to the industry distribution chart, Max Estates ranks #1355 out of 1745 companies in the Real Estate industry, placing it in the top 77.7%.
Is Max Estates' Operating Margin % too high?
Max Estates' current Operating Margin % is -22.52%. Based on the distribution chart, Max Estates ranks #1355 out of 1745 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' Operating Margin % compare to competitors?
According to the Real Estate industry distribution chart, Max Estates ranks #1355 out of 1745 companies for Operating Margin %. This places Max Estates in the lower half of its industry. The industry median Operating Margin % is 13.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Real Estate company?
The median Operating Margin % among Real Estate companies is 13.21, based on 1,745 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Max Estates and its competitors. For the Real Estate industry, the median Operating Margin % is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Estates's current Operating Margin % is -22.52%. 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 ₹608.15, compared to a current price of ₹440.90 — trading 27.5% below its estimated fair value. The current Operating Margin % is -22.52%. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Max Estates (NSE:MAXESTATES), the current Operating Margin % is -22.52% 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 ₹440.90 is trading 27.5% below its estimated GF Value™ of ₹608.15. GuruFocus considers Max Estates to be Modestly Undervalued.

Key valuation signals for NSE:MAXESTATES:

  • Operating Margin %: -22.52%
  • GF Value™: ₹608.15 vs. price of ₹440.90 (27.5% 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

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

₹440.90
Price
₹608.15
GF Value