How has been the historical performance of the Max Heights?
Max Heights showed significant improvement in financial performance from March 2023 to March 2024, with net sales rising to Rs 22.42 crore and net profit recovering to Rs 0.42 crore, despite increased expenditures. However, total liabilities and assets decreased, indicating ongoing challenges in asset management.
Answer:The historical performance of Max Heights shows significant fluctuations in key financial metrics over the years.Breakdown:
Max Heights experienced a notable increase in net sales from Rs 7.18 crore in March 2023 to Rs 22.42 crore in March 2024, following a trend of lower sales in previous years. Total operating income also rose to Rs 22.42 crore in March 2024 from Rs 7.18 crore in March 2023. However, the company faced challenges with total expenditure, which increased to Rs 21.95 crore in March 2024 from Rs 5.18 crore in March 2023. Operating profit, excluding other income, decreased to Rs 0.47 crore in March 2024 from Rs 2.00 crore in March 2023, leading to a profit before tax of Rs 0.54 crore in March 2024, a recovery from a loss of Rs 1.79 crore in March 2023. The net profit also improved to Rs 0.42 crore in March 2024 from a loss of Rs 1.82 crore in the previous year. On the balance sheet, total liabilities decreased to Rs 136.70 crore in March 2024 from Rs 149.00 crore in March 2023, while total assets also fell to Rs 136.70 crore from Rs 149.00 crore. The cash flow from operating activities showed a positive trend with Rs 10.00 crore in March 2024, compared to no cash flow in March 2023. Overall, while there were improvements in sales and profitability in March 2024, the company still faced challenges with expenditures and asset management.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
