Financials Max Heights Infrastructure Limited

Equities

MAXHEIGHTS6

INE393F01010

Real Estate Development & Operations

Market Closed - Bombay S.E. 06:00:58 2024-06-14 EDT 5-day change 1st Jan Change
68.48 INR -3.21% Intraday chart for Max Heights Infrastructure Limited +0.38% +27.24%

Valuation

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Capitalization 1 1,420 285.6 156.9 173.3 265.4 1,410
Enterprise Value (EV) 1 2,340 1,326 1,183 937.2 1,046 2,232
P/E ratio 127 x 22.1 x 15.3 x 14.3 x -259 x -158 x
Yield - - - - - -
Capitalization / Revenue 2.36 x 0.62 x 0.36 x 1.33 x 4.14 x 19.5 x
EV / Revenue 3.89 x 2.89 x 2.69 x 7.17 x 16.3 x 30.9 x
EV / EBITDA 32.2 x 19.4 x 21 x 18.5 x 50 x 109 x
EV / FCF -12.3 x -10.7 x 24.3 x 2.97 x 90.6 x -65.8 x
FCF Yield -8.1% -9.31% 4.12% 33.7% 1.1% -1.52%
Price to Book 4.76 x 0.92 x 0.49 x 0.56 x 0.88 x 4.84 x
Nbr of stocks (in thousands) 15,609 15,609 15,609 15,609 15,609 15,609
Reference price 2 91.00 18.30 10.05 11.10 17.00 90.33
Announcement Date 18-08-31 19-09-05 20-09-04 21-09-07 22-07-30 23-09-02
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 601.4 458.6 439.2 130.7 64.12 72.26
EBITDA 1 72.56 68.42 56.44 50.59 20.94 20.5
EBIT 1 69.43 65.42 53.87 49.25 19.85 18.98
Operating Margin 11.55% 14.27% 12.26% 37.67% 30.96% 26.26%
Earnings before Tax (EBT) 1 21.08 23.22 18.89 14.03 -12.55 -17.87
Net income 1 11.2 12.9 10.24 12.12 -1.023 -8.942
Net margin 1.86% 2.81% 2.33% 9.27% -1.6% -12.37%
EPS 2 0.7172 0.8267 0.6560 0.7763 -0.0655 -0.5729
Free Cash Flow 1 -189.6 -123.4 48.7 315.5 11.55 -33.9
FCF margin -31.52% -26.91% 11.09% 241.29% 18.01% -46.92%
FCF Conversion (EBITDA) - - 86.29% 623.58% 55.13% -
FCF Conversion (Net income) - - 475.61% 2,603.56% - -
Dividend per Share - - - - - -
Announcement Date 18-08-31 19-09-05 20-09-04 21-09-07 22-07-30 23-09-02
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 919 1,040 1,026 764 781 822
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 12.67 x 15.2 x 18.19 x 15.1 x 37.29 x 40.1 x
Free Cash Flow 1 -190 -123 48.7 315 11.5 -33.9
ROE (net income / shareholders' equity) 4.79% 4.96% 3.92% 2.67% -4.97% -6.59%
ROA (Net income/ Total Assets) 1.32% 1.24% 1.08% 1.39% 0.85% 0.81%
Assets 1 849 1,042 944.5 871.5 -120.3 -1,104
Book Value Per Share 2 19.10 20.00 20.60 19.90 19.20 18.70
Cash Flow per Share 2 5.560 2.030 2.310 1.960 0.2200 1.700
Capex 1 6.52 6.25 2.63 0.03 - 13.2
Capex / Sales 1.08% 1.36% 0.6% 0.02% - 18.23%
Announcement Date 18-08-31 19-09-05 20-09-04 21-09-07 22-07-30 23-09-02
1INR in Million2INR
Estimates
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