Integrated Filing — IndAS

General information about company
Scrip Code	544008
NSE Symbol	MAXESTATES
MSEI Symbol	NOTLISTED
ISIN	INE03EI01018
Name of company	MAX ESTATES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	13-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Real Estate
Start date and time of board meeting	22-May-2025   17:00:00
End date and time of board meeting	22-May-2025   21:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2023-07-31
Indicate Company website link for updated RPT policy of the Company	https://maxestates.in
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	2
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Company has not issued any unlisted debt securities

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	108225000	410986000
	Other income	294252000	3659528000
	Total income	402477000	4070514000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	18675000
(d)	Employee benefit expense	64557000	221200000
(e)	Finance costs	14251000	88460000
(f)	Depreciation, depletion and amortisation expense	16277000	69592000
(f)	Other Expenses
1	Other Expenses	81918000	282479000
	Total other expenses	81918000	282479000
	Total expenses	177003000	680406000
3	Total profit before exceptional items and tax	225474000	3390108000
4	Exceptional items	0	0
5	Total profit before tax	225474000	3390108000
6	Tax expense
7	Current tax	66915000	522633000
8	Deferred tax	6902000	58461000
9	Total tax expenses	73817000	581094000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	151657000	2809014000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	151657000	2809014000
17	Other comprehensive income net of taxes	1254000	408000
18	Total Comprehensive Income for the period	152911000	2809422000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	1610001000	1610001000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		21623907000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	0.98	18.1
	Diluted earnings (loss) per share from continuing operations	0.98	18.06
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	0.98	18.1
	Diluted earnings (loss) per share from continuing and discontinued operations	0.98	18.06
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	33741000
	Capital work-in-progress	0
	Investment property	0
	Goodwill	0
	Other intangible assets	28309000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	11346429000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	403297000
	Total non-current financial assets	11749726000
	Deferred tax assets (net)	0
	Other non-current assets	139572000
	Total non-current assets	11951348000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	3557817000
	Trade receivables, current	210743000
	Cash and cash equivalents	9569000
	Bank balance other than cash and cash equivalents	3261763000
	Loans, current	5719554000
	Other current financial assets	28565000
	Total current financial assets	12788011000
	Current tax assets (net)	0
	Other current assets	164962000
	Total current assets	12952973000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	24904321000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1610001000
	Other equity	21999372000
	Total equity attributable to owners of parent	23609373000
	Non controlling interest
	Total equity	23609373000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1023000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	475466000
	Total non-current financial liabilities	476489000
	Provisions, non-current	14755000
	Deferred tax liabilities (net)	453815000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	945059000
	Current liabilities
	Current financial liabilities
	Borrowings, current	106397000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	2172000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	66453000
	Total Trade payable	68625000
	Other current financial liabilities	144250000
	Total current financial liabilities	319272000
	Other current liabilities	13035000
	Provisions, current	17582000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	349889000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	1294948000
	Total equity and liabilites	24904321000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement gains on defined benefit plans	1675000	545000
	Total Amount of items that will not be reclassified to profit and loss	1675000	545000
2	Income tax relating to items that will not be reclassified to profit or loss	421000	137000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	1254000	408000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			3390108000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			88460000
	Adjustments for decrease (increase) in inventories			19449000
	Adjustments for decrease (increase) in trade receivables, current			-100528000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-69500000
	Adjustments for decrease (increase) in other non-current assets			1462000
	Adjustments for other financial assets, non-current			35675000
	Adjustments for other financial assets, current			92882000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			29852000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			6007000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			69592000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			8130000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-6869000
	Adjustments for other financial liabilities, non-current			-2991000
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			714925000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-39688000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-2873363000
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-3456355000
	Net cash flows from (used in) operations			-66247000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			420824000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-487071000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			2924947000
	Cash flows used in obtaining control of subsidiaries or other businesses			998864000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			1252716000
	Purchase of property, plant and equipment			15829000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			292635000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-9516879000
	Net cash flows from (used in) investing activities	-6061274000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			7999990000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			9426000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			792400000
	Repayments of borrowings			2281711000
	Payments of lease liabilities			109856000
	Dividends paid			0
	Interest paid			44685000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			177313000
	Net cash flows from (used in) financing activities			6542877000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-5468000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-5468000
	Cash and cash equivalents cash flow statement at beginning of period			15029000
	Cash and cash equivalents cash flow statement at end of period			9561000

Signatory Details
Name of signatory	Abhishek Mishra
Designation of person	Company Secretary and Compliance Officer
Place	Noida
Date	22-May-2025