What’s new

• Revenue climbed 80% to ₹826.66 lakhs for the year ended March 2026.
• Operating cash flow hit ₹442.39 lakhs, a sharp recovery from the negative ₹688.63 lakhs in FY25.
• Statutory auditors provided an unmodified opinion on the annual results.

Why it matters

The shift from a loss to a profit, paired with a massive swing in operating cash flow, suggests a stabilization in the company's core real estate business. For a nano-cap entity, this turnaround is a material change in financial health.

What we’re watching

• Whether the real estate segment can sustain this revenue growth in FY27.
• Details on the specific projects that drove the improved cash flow.
• Any further expansion of the order book.

The full read

Max Heights Infrastructure moved into the black for FY26, reporting a net profit of ₹98.12 lakhs against a loss of ₹39.98 lakhs the year prior. Revenue surged 80% to ₹826.66 lakhs, a gain the company credits to its real estate operations.

It worked.

Beyond the top-line growth, the company fixed its cash flow issues by generating ₹442.39 lakhs in operating cash, a stark reversal from the negative ₹688.63 lakhs recorded in FY25. With auditors issuing an unmodified opinion and the board reporting no loan defaults, the company enters the new fiscal year on firmer financial footing. For a business with a market capitalization of roughly ₹20 crore, this turnaround is a material shift in its operational profile that finally puts the company on a stable path.

Primary source: BSE · NSE