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Max
NSE: MAXINDBSE: 543223DIVERSIFIEDHOLDING COMPANIES
Market Cap
--
P/E Ratio
0.00
P/B Ratio
0.00
ROE
0.00%
ROA
0.00%
Debt/Equity
0.00
Book Value
₹0.0
EPS
₹0.0
About Max
Max India to carry on the business of providing various services relating to senior living communities and management and consultancy services, shared services, nurturing the learning and development objectives for acquisition of skills and knowledge, including recruitment personnel management in the Company, its affiliates, subsidiaries, joint venture companies and other companies including those with similar objects as that of the Company.
New Max India Limited (MIL) was formed in June, 2020 after Max India - the erstwhile arm of the $4-billion Max Group - merged its healthcare assets into Max Healthcare and demerged its senior care and other allied businesses in June, 2020 into a new wholly owned subsidiary called Advaita Allied Health Services Limited which was later renamed as Max India Limited. Max India is now the holding Company of Max Group's Senior Care business Antara, an integrated service provider for all senior care needs. It operates across two lines of businesses - Assisted Care services, including Care Homes, Care at Home and MedCare, and independent Residences for seniors. Max India's investor list includes: IFC, New York Life, Nomura, TVF, Habrok Capital and Porinju Veliyath. Max India is a multi-business corporate that is focused on people and service oriented businesses in the area of health and life care. The Company is engaged in the activity of making, holding and nurturing its investments in various businesses/ activities and also provides management consultancy services to group companies. Antara's first residential community in Dehradun comprises nearly 200 apartments spread across 14 acres of land. In January 2020, it launched a new senior living facility in Noida, Sector-150. Antara's Assisted Care Services include `Care Homes' and `Care at Home' and MedCare products. They cater to seniors over the age of 55, who need more immersive interventions in their daily lives due to medical or age-related issues. Company completed the monetisation of its non-core asset - three floors at Max Towers, Noida - for around Rs 105 crores in May 2025, strengthening the liquidity position. Its Care Homes business vertical achieved 38% revenue growth with approximately 300 beds operational across NCR and Bengaluru. The Company has expanded the footprint of Antara Assisted Care Services Limited in South India, launching Care Homes in Bengaluru and Chennai in FY 2025.
Price Action • MAXIND
Financial Statements
Consolidated & Standalone Reports
| Metric | TTM | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 |
|---|---|---|---|---|---|---|---|
Total Revenue | 14.82 | 20.79 | 32.27 | 33.04 | 33.85 | 39.2 | 74.3 |
Operating Expenses | 20.78 | 21.73 | 27.22 | 23.75 | 23.9 | 25.95 | 78.32 |
Operating Profit | -6.9 | -2.6 | 4.01 | 8.79 | 8.71 | 7.71 | -4.71 |
Operating Margin (%) | - | -12.48 | 12.44 | 26.61 | 25.72 | 19.66 | -6.34 |
Total Expenses | - | 25.3 | 30.49 | 26.22 | 26.24 | 28.79 | 81.45 |
EBITDA | - | -0.93 | 5.05 | 9.29 | 9.96 | 13.25 | -4.03 |
EBITDA Margin (%) | - | -4.49 | 15.64 | 28.13 | 29.41 | 33.8 | -5.42 |
Interest Expenses | 1.36 | 0.8 | 0.59 | 0.24 | 0.16 | 0.16 | 0.05 |
Depreciation | 1.91 | 2.78 | 2.68 | 2.24 | 2.17 | 2.68 | 3.08 |
Profit Before Tax (PBT) | -1.38 | -4.46 | 1.65 | 11.32 | 7.62 | -2.62 | -120.17 |
Tax Expenses | -2.33 | -0.31 | 0.41 | -0.85 | 1.33 | -11.27 | 3.09 |
PAT Before Extraordinary Items | - | -4.16 | 1.24 | 12.16 | 6.29 | 8.65 | -123.26 |
Net Profit | 0.95 | -4.16 | 1.24 | 12.16 | 6.29 | 8.65 | -123.26 |
Net Profit Margin (%) | - | -21.72 | 3.96 | 37.38 | 19.28 | 25.69 | -167.44 |
EPS (Adjusted) | - | -0.79 | 0.24 | 2.32 | 1.2 | 1.65 | -23.49 |
Valuation & Key Ratios
Performance Metrics
| Metric | TTM | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 |
|---|---|---|---|---|---|---|---|
Book Value Per Share | - | 198.4 | 200.13 | 199.36 | 173.95 | 172.54 | 170.89 |
Return on Assets (ROA) % | - | -0.46 | 0.14 | 1.4 | 0.66 | 0.92 | -13.22 |
Return on Equity (ROE) % | - | -0.48 | 0.14 | 1.41 | 0.67 | 0.93 | -13.4 |
Return on Capital Employed (ROCE) % | - | -0.42 | 0.27 | 0.81 | 0.82 | 1.13 | -0.76 |
Profitability Ratios | - | - | - | - | - | - | - |
Liquidity Ratios | - | - | - | - | - | - | - |
Valuation Ratios | - | - | - | - | - | - | - |
Debt to Equity Ratio | - | 0 | 0 | 0 | 0 | 0 | 0 |
Featured Insight
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Key People
M
Mr. Sandeep Pathak
Chief Financial Officer,Head(Legal.)
M
Mr. Simardeep Kaur
Chief Human Resources Officer
M
Mr. Dharmender Kumar
Director,Head(Group Corporate Affairs)
M
Mr. Rishabh Bhutani
Deputy General Manager(Legal.)
S
Shalu Batra
Senior Manager(Human Capital)
M
Mr. Manas Kumar
Senior Manager(Corporate Affairs)
M
Mr. Heena Garg
Manager(Taxation)
A
Arti Malik
Head(Travel)
T
Trapti
Company Secretary,Compliance Officer