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Max India Limited MAXIND NSEPHARMA

Healthcare · Medical Care Facilities · India
https://www.maxindia.com
Company Profile ↓
₹161.75
-12.54% 1Y
Mkt Cap₹849.56 Cr
P/E-6.78
P/B2.16
52W High₹224.11
52W Low₹122.85
Book Value₹77.74
EPS (TTM)₹-23.85

Company Overview

Max India Limited provides services related to senior living communities in India. It operates through four segments: Business Investments, Senior Living, Assisted Care, and Others. The company engages in the treasury investments and investment property businesses. It also offers senior living services. In addition, the company caters to the seniors by providing care at home services and care homes facilities, as well as offers Antara AGEasy, which is a new-age holistic direct to consumer platform that helps seniors manage common chronic conditions. Further, it offers daily living/specialized care/memory care services for seniors; and management and consultancy and shared services, as well as MedCare products. Additionally, the company engages in the learning and development activities; construction and leasing of senior living communities; and management of investments activities. The company was formerly known as Advaita Allied Health Services Limited. Max India Limited was incorporated in 2019 and is based in Gurugram, India.

Why Investors Should Care

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.24.

Recent Developments

  • Mar 2026 Revenue of ₹190.56 Cr (+31.0% YoY); net profit ₹-121.85 Cr.
  • Trailing 12 Months Year-on-year growth — revenue +31.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR -1.8%, profit CAGR -357.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:-1.77%
1 Year:30.98%

Compounded Profit Growth

5 Years:-357.85%
1 Year:-

Stock Price Performance

1 Year:-12.54%
6 Months:-11.89%
3 Months:+5.80%
1 Month:+1.97%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 38% of range
₹122.85 ₹224.11
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)51.33 · Neutral
Price Performance
1M+1.97%
3M+5.80%
6M-11.89%
1Y-12.54%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

No notable strengths flagged.

CONS

  • Revenue declined at -1.8% CAGR over 5 years.
  • Earnings shrank at -357.9% CAGR over 5 years.
  • Trading 27.8% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-6.78
Industry PE
39.97
Forward P/E
-
PEG Ratio
-
Book Value
₹77.74
Price to Book
2.16
P/S
4.13
EV/EBITDA
-13.13
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
-1.77%
Profit 5Y
-357.85%
Revenue (YoY)
30.98%
Earnings (YoY)
-

Profitability & Returns

ROCE
-21.12%
ROE
-29.84%
ROA
-18.21%
Profit Margin
-63.94%
Op Margin
-68.72%
Gross Margin
72.33%
EPS (Latest Qtr)
₹-3.67
EPS (TTM)
₹-23.85

Balance Sheet & Liquidity

Debt/Equity
0.24
Quick Ratio
2.26
Current Ratio
2.35
Debt
₹96.20 Cr
Total Assets
₹669.25 Cr
Current Assets
₹380.56 Cr
Working Capital
₹218.85 Cr

Ownership

Promoter Holding
59.55%
Chg in Prom Hold
9.72%
FII / Inst Holding
0.11%
Chg in FII Hold
-0.01%

Financial Snapshot

Enterprise Value
₹849.56 Cr
Total Revenue (TTM)
₹190.56 Cr
EBITDA
₹-82.08 Cr
Free Cash Flow
₹-146.05 Cr
Operating Cash Flow
₹-94.72 Cr
Shares Outstanding
₹5.25 Cr
Gross Margin
72.33%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MAXIND Max India Limited NSEPHARMA 161.75 -6.78 ₹849.56 Cr 0.00% -21.12% -29.84% -1.77% -357.85%
2 SUNPHARMA Sun Pharmaceutical Industries Limited NIFTY50NSEAIPHARMA 1,948.80 40.77 ₹4.68 L Cr 0.83% 17.94% 13.74% 10.39% 10.65%
3 DIVISLAB Divi's Laboratories Limited NSEPHARMA 7,315.50 75.61 ₹1.94 L Cr 0.44% 18.96% 15.32% 11.27% 12.08%
4 TORNTPHARM Torrent Pharmaceuticals Limited NSEPHARMA 4,952.20 87.70 ₹1.68 L Cr 0.78% 9.05% 25.79% 13.27% 20.22%
5 APOLLOHOSP Apollo Hospitals Enterprise Limited NIFTY50NSEAIPHARMA 8,981.00 66.51 ₹1.29 L Cr 0.23% 19.79% 20.48% 15.33% 33.34%
6 CIPLA Cipla Limited NIFTY50NSEAIPHARMA 1,440.10 22.07 ₹1.16 L Cr 0.90% 14.86% 11.27% 7.23% 11.45%
7 ZYDUSLIFE Zydus Lifesciences Limited NSEPHARMA 1,137.40 22.71 ₹1.14 L Cr 0.09% 19.04% 18.59% 16.55% 36.99%
8 LUPIN Lupin Limited NIFTY_MIDNSEPHARMA 2,494.30 21.42 ₹1.14 L Cr 0.72% 28.42% 23.76% 19.10% 131.46%
9 MAXHEALTH Max Healthcare Institute Limited NSEAIPHARMA 1,099.00 99.82 ₹1.07 L Cr 0.18% 12.57% 13.42% 22.37% 9.34%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 56.00 Cr41.00 Cr49.00 Cr41.00 Cr45.00 Cr26.00 Cr43.00 Cr-41.52 Cr36.67 Cr45.16 Cr43.10 Cr65.63 Cr
Cost of Revenue --------13.81 Cr8.75 Cr14.42 Cr12.83 Cr16.73 Cr
Gross Profit --------27.71 Cr27.92 Cr30.74 Cr30.27 Cr48.90 Cr
Operating Expenses 55.00 Cr53.00 Cr54.00 Cr58.00 Cr66.00 Cr54.00 Cr64.00 Cr-72.41 Cr61.54 Cr66.94 Cr66.56 Cr69.42 Cr
Operating Income -1.00 Cr-14.00 Cr-7.00 Cr-19.00 Cr-24.00 Cr-32.00 Cr-26.00 Cr--44.70 Cr-33.62 Cr-36.20 Cr-36.29 Cr-20.52 Cr
EBITDA 1.00 Cr-12.00 Cr-5.00 Cr-17.00 Cr-21.00 Cr-28.00 Cr-21.00 Cr--37.22 Cr-15.37 Cr-26.03 Cr-31.88 Cr-8.80 Cr
Interest Expense 2.00 Cr1.00 Cr1.00 Cr1.00 Cr1.00 Cr1.00 Cr2.00 Cr-2.83 Cr3.52 Cr4.06 Cr3.45 Cr2.76 Cr
Pretax Income 1.00 Cr-10.00 Cr-2.00 Cr-17.00 Cr-20.00 Cr-27.00 Cr-22.00 Cr--45.30 Cr-24.66 Cr-36.03 Cr-41.42 Cr-18.86 Cr
Tax Provision 3.88 Cr-1.90 Cr-3.20 Cr-1.36 Cr-1.20 Cr-0-66.00 L-79.00 L98.00 L-1.96 Cr1.43 Cr43.00 L
Net Income -4.00 Cr-12.00 Cr-5.00 Cr-18.00 Cr-22.00 Cr-27.00 Cr-23.00 Cr--46.09 Cr-25.64 Cr-34.07 Cr-42.85 Cr-19.29 Cr
Diluted EPS -0.82-2.38-0.91-3.48-4.20-5.25-4.42--10.36-5.44-6.52-8.17-3.67

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue 213.00 Cr128.00 Cr-201.03 Cr175.63 Cr145.49 Cr190.56 Cr
Cost of Revenue ---91.42 Cr63.53 Cr32.72 Cr52.73 Cr
Gross Profit ---109.61 Cr112.10 Cr112.77 Cr137.83 Cr
Operating Expenses 266.00 Cr150.00 Cr-109.26 Cr173.54 Cr249.77 Cr268.79 Cr
Operating Income -61.00 Cr-32.00 Cr-35.31 L-61.45 Cr-137.00 Cr-130.96 Cr
EBITDA -53.00 Cr-22.00 Cr-11.65 Cr-34.32 Cr-111.50 Cr-82.08 Cr
Interest Expense 27.00 Cr24.00 Cr-6.21 Cr4.56 Cr8.06 Cr13.79 Cr
Pretax Income 237.00 Cr-64.00 Cr--3.01 Cr-49.03 Cr-138.38 Cr-120.97 Cr
Tax Provision 4.74 Cr10.88 Cr-7.37 Cr7.34 Cr1.31 Cr88.00 L
Net Income 232.00 Cr-53.00 Cr--10.38 Cr-56.38 Cr-140.39 Cr-121.85 Cr
Diluted EPS 29,706.00-8.30--2.06-12.36-31.55-23.85

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets 1,024.00 Cr996.00 Cr-753.40 Cr684.34 Cr632.85 Cr669.25 Cr
Current Assets ---459.13 Cr343.25 Cr260.52 Cr380.56 Cr
Cash & Equivalents ---88.73 Cr116.03 Cr22.70 Cr26.58 Cr
Inventory ---51.01 Cr6.13 Cr16.64 Cr15.52 Cr
Receivables ---2.86 Cr4.94 Cr22.20 Cr37.10 Cr
Total Liabilities ---211.29 Cr192.00 Cr274.16 Cr260.95 Cr
Current Liabilities ---161.44 Cr138.84 Cr165.25 Cr161.71 Cr
Long Term Debt ---22.34 Cr81.89 L93.82 L1.09 Cr
Total Debt 182.00 Cr145.00 Cr-45.30 Cr43.57 Cr102.30 Cr96.20 Cr
Total Equity 706.00 Cr653.00 Cr-542.11 Cr492.34 Cr358.69 Cr408.30 Cr
Shares Outstanding ---4.56 Cr4.57 Cr4.61 Cr5.25 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -19.00 Cr73.00 Cr-69.42 Cr-102.34 Cr-127.60 Cr-94.72 Cr
Investing Cash Flow -526.00 Cr13.00 Cr-124.07 Cr158.64 Cr46.82 Cr-49.72 Cr
Financing Cash Flow 557.00 Cr-73.00 Cr--118.54 Cr-29.00 Cr-12.55 Cr148.32 Cr
Capital Expenditure -190.00 Cr-12.00 Cr--3.66 Cr-28.75 Cr-35.88 Cr-51.33 Cr
Free Cash Flow -209.00 Cr61.00 Cr-65.75 Cr-131.10 Cr-163.48 Cr-146.05 Cr
Net Change in Cash 12.00 Cr12.00 Cr-74.94 Cr27.30 Cr-93.33 Cr3.88 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % ---54.5%63.8%77.5%72.3%
Operating Margin % -28.6%-25.0%-0.2%-35.0%-94.2%-68.7%
Net Margin % 108.9%-41.4%--5.2%-32.1%-96.5%-63.9%
ROE % 32.9%-8.1%--1.9%-11.5%-39.1%-29.8%
ROCE % ---0.1%-11.3%-29.3%-25.8%

Shareholding Pattern

Insiders
59.55%
Institutions
0.11%
Public Float
0.27%

Analyst View

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Latest News

Recent headlines for MAXIND

Google News Wed, 01 Jul 2026

Ranking Member Maxine Waters Seeks Answers from SEC on Foreign Stock Manipulation Schemes Targeting American Investors - House Financial Services Committee Democrats (.gov)

<a href="https://news.google.com/rss/articles/CBMikgFBVV95cUxQTXhuYkVXUzJJMnVsbEtqLVE0RTV3NzZ4RkxpOE5DZzJ2ZE5TX3RDR1UyVXRfbTZFZG00aE9KSTU1X2d5VHRJOW0ybmpWY3d4RXBrVzNIMGxDLU5yemRuajdpYU1pT1JvUHdzcmsyaWRDLTVQZDBIbV9KSE1mcnFHX1VTT3FoakdJYVFsX1…

Google News Fri, 26 Jun 2026

REG - Intuitive Inv Group - Form 8.3 - John and Maxine Hargreaves - TradingView

<a href="https://news.google.com/rss/articles/CBMi0AFBVV95cUxPcDY3ZUhGNVBMRzFxdkZhMFcxcTNRX3h2S21qRmcwMFJaX0Q3Z0RoSmtaYkFIM3ZnZlRta2pvTGVmMnNiM1UzOFhmV1FleVdRcVQ1Tkgtc1lEd0dUdVlWeGUtMGxYQWd5bTdPcExKYXlyaGZOR19tNnFmWGMyenJZZkROZ0YxelJZbTlpQX…

Google News Sat, 14 Feb 2026

Rep. Maxine Waters Faces Heat of Ethics Charges - ABC News - Breaking News, Latest News and Videos

<a href="https://news.google.com/rss/articles/CBMiiAFBVV95cUxPTEozNkpSY1NobU5teEpsd0Q0QVNwVll2UVYtaHFybjFId2xWNGl5NUh6RnpaWjFieWZGNmxreGVKR1hzVkJxRXJVSnhyVmU3dkV5Ymk0NDd3QkxmRmVPd3VnZC14ZlBSZXJZZTNtYjJaMU1nc21HMWd3bWVab1lfR3ZGak5fM1ZB0gGOAU…

Google News Wed, 25 Mar 2026

Ranking Member Maxine Waters: “Innovation Should Be Used to Strengthen, Not Weaken Investor Protections.” - House Financial Services Committee Democrats (.gov)

<a href="https://news.google.com/rss/articles/CBMikgFBVV95cUxPaW80dHRmUHhWZTBNaVZlX01RVE9zYW1Ib3dqNXBYVzNtaUFNNDNxaFdLT21ZQVhpWmxIT1d0Z3dmcXFnR040dWhMMmxIX1QxVzZsT1BJc1NyeGhSTUVxd3ktVlR6XzNjSGg2dlNEREI2UXNDbVo1bmdfTS1oSHdfbVExcDZQWmt3RTJCNU…

Google News Sat, 21 Mar 2026

Maxine Gulley Towns Obituary - Knoxville News Sentinel

<a href="https://news.google.com/rss/articles/CBMiW0FVX3lxTE1IcXNtdEkxbmE3MnV3MXRfY29nU2h2N2RCY0pwMk9mdnVPYnM5ZUw4WTVNbmtfY21vaDBPR1RQMjlESnpDMF9OTTNqMkhNWnd3blhwYVNSdkhWZWs?oc=5" target="_blank">Maxine Gulley Towns Obituary</a>&nbsp;&nbsp;…

Google News Mon, 26 Jan 2026

Max India Limited's (NSE:MAXIND) Business Is Trailing The Industry But Its Shares Aren't - simplywall.st

<a href="https://news.google.com/rss/articles/CBMi0gFBVV95cUxNN2hlam13N2VRRWV0Ykk0NXh3ZlJ5dlNObk9jSlh3VGYwNjYzYy1hMExwM0o4UktHc25LMWdra0NQdXVDR0hUSTBudHoydFA0N1hpdmNhTjF5bHdiS3VhMDZnd2p6SlNfRzhiYU5fSUM2emZ6aGJqa2dEWFBMeGlhVWF5MnZhaXZMX0U5bT…

MAXIND — Frequently Asked Questions

What is the current share price of Max India Limited (MAXIND)?

As of 2026-07-15 09:52 IST, Max India Limited (MAXIND) trades at ₹161.75 on NSE. Its 52-week range is ₹122.85 to ₹224.11.

What is the market capitalisation of MAXIND?

Max India Limited (MAXIND) has a market capitalisation of ₹849.56 Cr on NSE.

What is the P/E ratio of MAXIND?

MAXIND trades at a trailing price-to-earnings (P/E) ratio of -6.78. The industry average P/E is 39.97. Its price-to-book (P/B) ratio is 2.16.

What is the return on equity (ROE) of MAXIND?

MAXIND has a return on equity (ROE) of -29.84%. Its return on capital employed (ROCE) is -21.12%.

Is MAXIND a good stock to buy?

This page provides a data-driven analysis of Max India Limited (MAXIND), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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