MAXIND

What Max India promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 14 tracked 2 delivered 2 missed 10 open
  • Estate 361 Project Launch delivered, diluted said Q1 FY26 Promised: Launched by September, October this year Q1 FY27: Project launch is complete. Company reported 154 bookings by June end, with 27 units sold in Q1.
  • Annual Real Estate Development missed said Q3 FY25 Promised: 1.5 million square feet every year Q1 FY27: Focus has shifted to the new FY27 target of 2 million sq ft. No update on the original 'every year' commitment.
  • Consolidated EBITDA Breakeven at risk said Q3 FY25 Promised: Breakeven on a consolidated basis by FY27-FY28 Q1 FY27: Consolidated EBITDA loss worsened to INR 25 crores in Q1 FY27. Management states the trajectory of loss reduction will continue, but the quarterly performance puts the target at risk.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 14 tracked commitments for Max India — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens