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Max Healthcare Institute Ltd

MAXHEALTH
NSE
₹830.00-1.89%19 Oct 2026
Reports
Hospitals

Max Healthcare Institute Ltd

MAXHEALTH
NSE
₹830.00
-1.89%
19 Oct 2026
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6M
Price
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Quick Ratios

Edit Ratios
Mkt Cap
Market Capitalization
₹80,785Cr
Close
Close Price
₹830.00
Industry
Industry
Hospitals
PE
Price To Earnings
55.37
PS
Price To Sales
9.27
Revenue
Revenue
₹8,712Cr
Rev Gr TTM
Revenue Growth TTM
15.96%
PAT Gr TTM
PAT Growth TTM
27.00%

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
1,3631,3351,4231,5431,7071,8681,9102,0282,1352,0682,1432,366
Growth YoY
Revenue Growth YoY%
19.916.917.220.125.340.034.231.425.110.712.216.7
Expenses
ExpensesCr
9769491,0411,1561,2571,3691,3981,5051,5601,5291,5361,768
Operating Profit
Operating ProfitCr
387386382387451499512523575538606598
OPM
OPM%
28.428.926.825.126.426.726.825.826.926.028.325.3
Other Income
Other IncomeCr
4546453541-40473733-34841
Interest Expense
Interest ExpenseCr
91121243452555554606771
Depreciation
DepreciationCr
586170778498101104108111123132
PBT
PBTCr
366360336321374309403400446365465436
Tax
TaxCr
9070848592708492-4564122113
PAT
PATCr
277289252236282239319308491301342323
Growth YoY
PAT Growth YoY%
-39.530.10.3-1.61.9-17.526.830.474.326.07.34.9
NPM
NPM%
20.321.717.715.316.512.816.715.223.014.616.013.7
EPS
EPS₹
2.93.02.62.42.92.53.33.25.03.13.53.3
QuarterSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
RevenueCr
1,3631,3351,4231,5431,7071,8681,9102,0282,1352,0682,1432,366
Growth YoY
Revenue Growth YoY%
19.916.917.220.125.340.034.231.425.110.712.216.7
Expenses
ExpensesCr
9769491,0411,1561,2571,3691,3981,5051,5601,5291,5361,768
Operating Profit
Operating ProfitCr
387386382387451499512523575538606598
OPM
OPM%
28.428.926.825.126.426.726.825.826.926.028.325.3
Other Income
Other IncomeCr
4546453541-40473733-34841
Interest Expense
Interest ExpenseCr
91121243452555554606771
Depreciation
DepreciationCr
586170778498101104108111123132
PBT
PBTCr
366360336321374309403400446365465436
Tax
TaxCr
9070848592708492-4564122113
PAT
PATCr
277289252236282239319308491301342323
Growth YoY
PAT Growth YoY%
-39.530.10.3-1.61.9-17.526.830.474.326.07.34.9
NPM
NPM%
20.321.717.715.316.512.816.715.223.014.616.013.7
EPS
EPS₹
2.93.02.62.42.92.53.33.25.03.13.53.3

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
1,4451,6081,7291,6911,0592,5053,9374,5635,4067,0288,3738,712
Growth
Revenue Growth%
27.511.37.5-2.2-37.4136.557.215.918.530.019.116.0
Expenses
ExpensesCr
1,3301,4681,6161,5369652,1012,9893,3223,9135,1806,1316,394
Operating Profit
Operating ProfitCr
116140113155944049481,2411,4931,8492,2432,318
OPM
OPM%
8.08.76.59.28.816.124.127.227.626.326.826.6
Other Income
Other IncomeCr
3042545748-11911313917782114118
Interest Expense
Interest ExpenseCr
7310099101831791018460165235251
Depreciation
DepreciationCr
87969410346174221232245359447474
PBT
PBTCr
-14-12-26813-697391,0641,3651,4061,6761,711
Tax
TaxCr
0-11109046134-40308330233254
PAT
PATCr
-14-1-36013-1156051,1041,0581,0761,4421,457
Growth
PAT Growth%
61.590.2-2,502.999.56,894.7-986.9628.482.4-4.21.734.127.0
NPM
NPM%
-1.0-0.1-2.10.01.2-4.615.424.219.615.317.216.7
EPS
EPS₹
-0.30.3-0.5-0.11.0-1.66.311.410.911.114.815.0
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
RevenueCr
1,4451,6081,7291,6911,0592,5053,9374,5635,4067,0288,3738,712
Growth
Revenue Growth%
27.511.37.5-2.2-37.4136.557.215.918.530.019.116.0
Expenses
ExpensesCr
1,3301,4681,6161,5369652,1012,9893,3223,9135,1806,1316,394
Operating Profit
Operating ProfitCr
116140113155944049481,2411,4931,8492,2432,318
OPM
OPM%
8.08.76.59.28.816.124.127.227.626.326.826.6
Other Income
Other IncomeCr
3042545748-11911313917782114118
Interest Expense
Interest ExpenseCr
7310099101831791018460165235251
Depreciation
DepreciationCr
87969410346174221232245359447474
PBT
PBTCr
-14-12-26813-697391,0641,3651,4061,6761,711
Tax
TaxCr
0-11109046134-40308330233254
PAT
PATCr
-14-1-36013-1156051,1041,0581,0761,4421,457
Growth
PAT Growth%
61.590.2-2,502.999.56,894.7-986.9628.482.4-4.21.734.127.0
NPM
NPM%
-1.0-0.1-2.10.01.2-4.615.424.219.615.317.216.7
EPS
EPS₹
-0.30.3-0.5-0.11.0-1.66.311.410.911.114.815.0

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
533537537537537966970971972972973
Reserves
ReservesCr
5876556274262,0164,6735,3136,4397,4368,4099,771
Current Liabilities
Current LiabilitiesCr
4193814771,1401,0107777571,0461,2491,8062,187
Non Current Liabilities
Non Current LiabilitiesCr
6721,6601,8061,2624112,1292,1491,6472,3434,0274,297
Total Liabilities
Total LiabilitiesCr
2,2173,1603,3143,3663,9748,5449,18910,10212,00015,21417,231
Current Assets
Current AssetsCr
2893494544472,9151,1241,0001,9431,7061,5931,945
Non Current Assets
Non Current AssetsCr
1,9282,8112,8602,9181,0587,4208,1898,15910,29413,62215,286
Total Assets
Total AssetsCr
2,2173,1603,3143,3663,9748,5449,18910,10212,00015,21417,231
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
Equity CapitalCr
533537537537537966970971972972973
Reserves
ReservesCr
5876556274262,0164,6735,3136,4397,4368,4099,771
Current Liabilities
Current LiabilitiesCr
4193814771,1401,0107777571,0461,2491,8062,187
Non Current Liabilities
Non Current LiabilitiesCr
6721,6601,8061,2624112,1292,1491,6472,3434,0274,297
Total Liabilities
Total LiabilitiesCr
2,2173,1603,3143,3663,9748,5449,18910,10212,00015,21417,231
Current Assets
Current AssetsCr
2893494544472,9151,1241,0001,9431,7061,5931,945
Non Current Assets
Non Current AssetsCr
1,9282,8112,8602,9181,0587,4208,1898,15910,29413,62215,286
Total Assets
Total AssetsCr
2,2173,1603,3143,3663,9748,5449,18910,10212,00015,21417,231

Cash Flow

Consolidated
Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
72315616689771187411,2091,1221,4381,633
Investing Cash Flow
Investing Cash FlowCr
-1,340-104-124-17-2,641-73-764-1,187-1,285-1,611-1,689
Financing Cash Flow
Financing Cash FlowCr
603-48-48-742,353191-294-289-264-16359
Net Cash Flow
Net Cash FlowCr
-144-6-2-210236-317-266-428-3364
Free Cash Flow
Free Cash FlowCr
-88041100-27-131192877342500165
CFO To PAT
CFO To PAT%
-5,063.1-11,147.1-454.8-46,815.8597.1-102.9122.4109.6106.0133.7113.2
CFO To EBITDA
CFO To EBITDA%
625.0111.2146.357.382.429.278.197.575.177.872.8
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow
Operating Cash FlowCr
72315616689771187411,2091,1221,4381,633
Investing Cash Flow
Investing Cash FlowCr
-1,340-104-124-17-2,641-73-764-1,187-1,285-1,611-1,689
Financing Cash Flow
Financing Cash FlowCr
603-48-48-742,353191-294-289-264-16359
Net Cash Flow
Net Cash FlowCr
-144-6-2-210236-317-266-428-3364
Free Cash Flow
Free Cash FlowCr
-88041100-27-131192877342500165
CFO To PAT
CFO To PAT%
-5,063.1-11,147.1-454.8-46,815.8597.1-102.9122.4109.6106.0133.7113.2
CFO To EBITDA
CFO To EBITDA%
625.0111.2146.357.382.429.278.197.575.177.872.8

Ratios

Consolidated
Standalone
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
19,90333,63642,81879,7361,06,61593,58280,785
Price To Earnings
Price To Earnings
55.638.875.499.164.955.4
Price To Sales
Price To Sales
7.98.18.914.815.211.29.3
Price To Book
Price To Book
3.55.35.89.511.48.77.5
EV To EBITDA
EV To EBITDA
50.335.933.953.558.943.036.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
65.869.069.549.048.349.551.453.754.453.252.652.6
OPM
OPM%
8.08.76.59.28.816.124.127.227.626.326.826.6
NPM
NPM%
-1.0-0.1-2.10.01.2-4.615.424.219.615.317.216.7
ROCE
ROCE%
3.14.33.45.72.81.611.714.214.712.713.413.4
ROE
ROE%
-1.3-0.1-3.10.00.5-2.09.614.912.611.513.413.4
ROA
ROA%
-0.60.0-1.10.00.3-1.36.610.98.87.18.48.4
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Financial YearMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Current
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
19,90333,63642,81879,7361,06,61593,58280,785
Price To Earnings
Price To Earnings
55.638.875.499.164.955.4
Price To Sales
Price To Sales
7.98.18.914.815.211.29.3
Price To Book
Price To Book
3.55.35.89.511.48.77.5
EV To EBITDA
EV To EBITDA
50.335.933.953.558.943.036.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
65.869.069.549.048.349.551.453.754.453.252.652.6
OPM
OPM%
8.08.76.59.28.816.124.127.227.626.326.826.6
NPM
NPM%
-1.0-0.1-2.10.01.2-4.615.424.219.615.317.216.7
ROCE
ROCE%
3.14.33.45.72.81.611.714.214.712.713.413.4
ROE
ROE%
-1.3-0.1-3.10.00.5-2.09.614.912.611.513.413.4
ROA
ROA%
-0.60.0-1.10.00.3-1.36.610.98.87.18.48.4
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
Market CapitalizationMkt CapCr1,10,71482,87580,78558,15455,70135,57733,289
Close PriceClose₹7,700.00630.05830.00667.15737.801,740.901,238.10
IndustryIndustryHospitalsHospitalsHospitalsHospitalsHospitalsHospitalsHospitals
Price To EarningsPE52.9888.3755.37107.9553.1643.3359.81
Price To SalesPS4.198.029.2711.935.863.927.11
RevenueRevenueCr26,43010,3368,7124,8769,5069,0724,683
Revenue Growth TTMRev Gr TTM%17.2%16.0%15.7%17.5%59.6%21.3%
PAT Growth TTMPAT Gr TTM%33.2%27.0%3.9%18.6%3.9%3.4%
Market CapitalizationMkt CapCr1,10,71482,87580,78558,15455,70135,57733,289
Close PriceClose₹7,700.00630.05830.00667.15737.801,740.901,238.10
IndustryIndustryHospitalsHospitalsHospitalsHospitalsHospitalsHospitalsHospitals
Price To EarningsPE52.9888.3755.37107.9553.1643.3359.81
Price To SalesPS4.198.029.2711.935.863.927.11
RevenueRevenueCr26,43010,3368,7124,8769,5069,0724,683
Revenue Growth TTMRev Gr TTM%17.2%16.0%15.7%17.5%59.6%21.3%
PAT Growth TTMPAT Gr TTM%33.2%27.0%3.9%18.6%3.9%3.4%
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