Debut Plus

12.5

+0 +0.00%

17 Jul 2026

BSE Listed

Max Heights Infrastucture (534338)

Volume: 2Avg Vol 1W: 1,959Avg Vol 1M: 1,65752W Range:10.1116.83
Market Cap₹20 Cr
Current Price₹12.5
Previous Close₹12.5
High / Low (52w)₹16.83 / ₹10.11
Volume2
Avg Vol (1W)1,959
Avg Vol (1M)1,657
Stock P/E56.82
Book Value₹18.91
Dividend Yield0%
ROE104.37%
ROA30.71%
Revenue (TTM)
Revenue Growth
Profit Margin138.33%
Total Debt
Shares Outstanding2 Cr
Face Value
EPS (TTM)₹0.22
P/B0.66
Debt / Equity2.64
50 DMA₹12.83
200 DMA₹12.89
Day change+0.00%
Price Chart
12.5 0.32% · 1Y
23114.4L
2025-07-17
2026-07-16

20-day avg volume: 2K shares

Pros
  • Healthy return on equity of 104.4%.
  • Company is almost debt-free.
  • Revenue grew 220% YoY.
  • Stock trades below its book value.
Cons
  • Stock trades at a high P/E of 57.
Quarterly Results
MetricMar 2022Jun 2022Sept 2022Dec 2022Mar 2023Jun 2023Sept 2023Dec 2023
Revenue₹1 Cr₹2 Cr₹2 Cr₹1 Cr₹3 Cr₹4 Cr₹10 Cr₹1 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹-1 Cr₹1 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹1 Cr₹0 Cr
EPS
Profit & Loss (Annual)
MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Revenue₹42 Cr₹60 Cr₹46 Cr₹44 Cr₹13 Cr₹6 Cr₹7 Cr₹23 Cr
EBITDA₹3 Cr₹7 Cr₹7 Cr₹5 Cr₹5 Cr₹2 Cr₹2 Cr₹1 Cr
Net Profit₹1 Cr₹1 Cr₹2 Cr₹1 Cr₹1 Cr₹0 Cr₹-1 Cr₹0 Cr
EPS0.660.721.10.910.59-0.07-0.570.24
Balance Sheet
MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Total Assets₹324 Cr₹334 Cr₹326 Cr₹295 Cr₹148 Cr₹144 Cr₹149 Cr₹137 Cr
Total Liabilities₹292 Cr₹300 Cr₹291 Cr₹258 Cr₹116 Cr₹115 Cr₹122 Cr₹107 Cr
Equity₹32 Cr₹34 Cr₹35 Cr₹37 Cr₹32 Cr₹28 Cr₹27 Cr₹30 Cr
Total Debt
Cash Flow
MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Operating₹-12 Cr₹-13 Cr₹-8 Cr₹9 Cr₹-2 Cr₹0 Cr₹1 Cr₹11 Cr
Investing₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹4 Cr₹3 Cr₹-1 Cr₹3 Cr
Financing₹8 Cr₹15 Cr₹3 Cr₹-8 Cr₹1 Cr₹-4 Cr₹3 Cr₹-15 Cr
Free Cash Flow₹-12 Cr₹-13 Cr₹-8 Cr₹9 Cr₹-2 Cr₹0 Cr₹1 Cr₹11 Cr
Shareholding
Promoter 54.25% Institutions 0% Public 45.75%
Efficiency & Working Capital
ROCE0.9%
Interest Coverage2.4
Dividend Payout
Debtor Days4 d
Inventory Days1988 d
Payable Days434 d
Cash Conversion Cycle1558 d
Working Capital Days1992 d
Shareholding Details

As of 2026-06-30

Promoter54.3%
FII0%
DII0%
Institutions0%
Public45.7%
Promoter Pledge0%
No. of Shareholders1,913
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters52.8%52.8%52.8%52.8%52.8%52.8%52.8%52.8%52.8%52.8%54.1%54.3%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public47.2%47.2%47.2%47.2%47.2%47.2%47.2%47.2%47.2%47.2%45.9%45.7%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,5071,5771,3061,3141,3761,5321,5721,6431,7631,8781,8881,913
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Mansi NarangShareholding of Promoter and Promoter Group17.8%27,84,396
Satish Chander NarangShareholding of Promoter and Promoter Group11.1%17,36,251
Naveen NarangShareholding of Promoter and Promoter Group9.4%14,63,894
Sumitra NarangShareholding of Promoter and Promoter Group9%14,05,964
Ranjitgarh Finance Company Private LimitedPublic Shareholding5.6%8,73,100
Pitampura Leasing And Housing Finance LimitedShareholding of Promoter and Promoter Group4.1%6,46,498
J.k. Latelier LimitedPublic Shareholding2.5%3,92,800
Purbanchal Trade And Industries LimitedPublic Shareholding2.5%3,85,142
Pradeep Narendra VyasPublic Shareholding2.4%3,66,575
Nau Nidh Finance LimitedPublic Shareholding1.9%3,00,000
Narang Intermediaries Private LimitedShareholding of Promoter and Promoter Group1.5%2,32,173
Rajratan Madanlal KothariPublic Shareholding1.1%1,77,750
Gaurav NarangPublic Shareholding1.1%1,77,500
S C Narang And Sons HufShareholding of Promoter and Promoter Group0.5%76,500
Supriya NarangShareholding of Promoter and Promoter Group0.4%60,000
Parveen Kumar NarangShareholding of Promoter and Promoter Group0.4%60,000
Naveen Narang HufShareholding of Promoter and Promoter Group0%3,000
Manan NarangShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Mansi Narang00%2026-06-30
Satish Chander Narang00%2026-06-30
Naveen Narang00%2026-06-30
Sumitra Narang00%2026-06-30
S C Narang And Sons Huf00%2026-06-30
Supriya Narang00%2026-06-30
Parveen Kumar Narang00%2026-06-30
Naveen Narang Huf00%2026-06-30
Manan Narang00%2026-06-30
Pitampura Leasing And Housing Finance Limited00%2026-06-30
Narang Intermediaries Private Limited00%2026-06-30
Pradeep Narendra Vyas00%2026-06-30
Board of Directors
NameDesignationYear
Naveen NarangED / MD / CFO / Promoter2025
Mansi NarangNon-Exec & Non-Independent Dir2025
GouravIndependent Non Exe. Director2025
MandaviIndependent Non Exe. Director2025
Sonali MathurCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Real Estate Activities₹4 Cr76.8%
Finance₹1 Cr15.7%
Stock & Shares₹0 Cr7.4%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10171616
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000011
2025000011
2025000001
Substantial Acquisitions (SAST)

13 disclosure(s)

Market11/06/2026 · 13,055
Market10/06/2026 · 1,536
Market25/02/2026 · 51,451
Market24/02/2026 · 40,059
Off Market27/03/2025 · 24,00,000
Off Market27/03/2025 · 24,00,000
Company Information
Incorporated1981
AuditorChitranjan Agarwal & Associates
🌐 www.maxheights.com

📍 SD-65 Tower Apartment, Pitampura, New Delhi, Delhi, 110034

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search