Live Max Healthcare Institute Share Price Chart

O 829.2

H 829.2

L 829.2

VOL 1740

Max Healthcare Institute Performance

Days Range

Low: ₹807.60
High: ₹829.95
Previous Close ₹833.35
Open ₹829.20
Volume 8,15,334
Day’s Range ₹807.60 - ₹829.95
52W Range ₹435.05 - ₹910.00
Market Cap ₹80,921 Cr

Max Healthcare Institute Fundamentals

ROCE (TTM) 14.57
P/E Ratio (TTM) 76.53
P/B Ratio 10.31
Industry P/E 68.95
Debt to Equity 0.08
ROE 12.62
EPS (TTM) 10.88
Dividend Yield 0.12
Book Value 80.73
Face Value 10

Max Healthcare Institute Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales1,214.511,284.991,363.161,334.97
Expenses934.521,003.431,033.691,010.07
Profit before tax300.68303.49366.42359.68
Operating Profit250.92240.08276.68289.34
Net Profit250.92240.08276.68289.34
EPS in Rs2.582.472.852.98

About Max Healthcare Institute

Max Healthcare Institute Limited mainly provides healthcare services via its primary care clinics, multi-speciality hospitals / medical centres and super-speciality hospitals. It was incorporated as Infinitum Technologies Private Limited in 2001. It commenced its business in 2000 by setting up its first multi-speciality hospital, Max Medcentre, in Panchsheel Park, New Delhi. It continued its business growth and opened  Max Hospital, Pitampura, and Max Hospital, Noida, in 2002.

In 2008, the company received Express Healthcare Awards for Excellence in Healthcare. During the subsequent year, it received the D L Shah National Award on ‘Economics of Quality’ by the Quality Council of India.

In 2011, the company opened two more branches named Max Super Speciality Hospital, Bathinda and Max Super Speciality Hospital, Mohali. In 2017, Max Super Speciality Hospital, Saket, received accreditation from the Joint Commission International (JCI). 2020 saw the plan’s implementation, which included combining Max India and Radiant’s healthcare business with the corporation. The company was listed on BSE and NSE in the same year after an IPO.

As of March 31, 2023, the company had 17 hospitals, a Bed Capacity of over 3,550 and over 4,800 clinicians.

Business Segments

The company earns revenue from only one business segment, i.e., Medical and Healthcare Services. Under this segment, the company provides healthcare facilities comprising primary care clinics, secondary care hospitals/medical centres and tertiary care facilities.

Subsidiaries

As of March 31, 2023, the company had 9 subsidiaries, including one step-down subsidiary.

  • Hometrail Buildtech Private Limited: It is a wholly owned subsidiary that is currently running and operating two hospitals. Max Super Speciality Hospital, Bhatinda and Max Super Speciality Hospital, Mohali.
  • MHC Global Healthcare (Nigeria) Limited: This wholly-owned subsidiary provides consultation services to patients.
  • Max Lab Limited: It is a wholly-owned subsidiary of Max Healthcare. The company is known for its expertise in the diagnostic industry.

Key Personnel

Abhay Soi, Chairman & Managing Director

Abhay is the Promoter, Chairman and Managing Director of the company. He was the Promoter, Chairman and Managing Director of Radiant Life Care Private Limited prior to the acquisition and merger with Max Healthcare. Prior to Radiant, Abhay co-founded USD 350mn, a Special Situations Private Equity Fund, where he made investments across sectors such as Mining, Financial Services, Agri-processing, Retail, Paper & paperboard manufacturing, Textiles and Specialty Chemicals. Abhay has an MBA from European University, Belgium and a Bachelor in Arts from St. Stephen’s College, Delhi University.

Corporate Actions

The company has no history of bonus issues, stock splits and other corporate actions.

Management Outlook

  • Looking forward, the company will focus on expanding the width and depth of its services to serve the increasing number of patients while improving the quality of care. 
  • The company is optimistic about its aggressive plan to expand its bed capacity through various means, including brownfield, greenfield and asset-light models.
  • During FY 2023, it executed an ‘Agreement to Sell’ to purchase a piece of land in Ghaziabad adjacent to the hospital owned and operated by one wholly owned subsidiary, Crosslay Remedies Limited. 
  • The company anticipates commissioning the 300-bedded, built-to-suit facility at Dwarka in the latter half of FY24.
Parent Organisation Indian Private
Founded 2001
Managing Director Abhay Soi
NSE Symbol MAXHEALTH

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Fortis Healthcare Ltd ₹32,950.15

440.9

5.00 (1.15%)

429.3 - 443.4View Peer Comparison
Global Health Ltd ₹36,976.15

1389.45

9.15 (0.66%)

1369.05 - 1395.2View Peer Comparison
Apollo Hospitals Enterprise Ltd ₹90,631.78

6271.2

31.95 (-0.51%)

6202 - 6300View Peer Comparison
Aster DM Healthcare Ltd ₹26,112.05

521.15

1.60 (-0.31%)

520 - 537.7View Peer Comparison
Opto Circuits (India) Ltd ₹53.51

1.8

0.00 (0.00)

1.8 - 1.85View Peer Comparison

What's Trending

Max Healthcare Institute FAQs

What is the Share price of Max Healthcare Institute (MAXHEALTH)?

Max Healthcare Institute (MAXHEALTH) share price as of April 16, 2024, on NSE is Rs 815.80 (NSE) and Rs 816.25 (BSE) on BSE.

Can I buy Max Healthcare Institute (MAXHEALTH) shares?

Yes, You can buy Max Healthcare Institute (MAXHEALTH) shares by opening a Demat account with Angel One.

How do I buy Max Healthcare Institute (MAXHEALTH) from Angel One?

Max Healthcare Institute (MAXHEALTH) share can be brought through the following modes:
  1. Direct investment: You can buy Max Healthcare Institute (MAXHEALTH) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Max Healthcare Institute (MAXHEALTH) shares.

Is Max Healthcare a Debt free Company?

Max Healthcare is a virtually debt free company.

What is the main business of Max Healthcare?

Max Healthcare is India’s largest healthcare provider. Its primary business is to provide medical services such as consultations, diagnostics, surgeries, and treatments for a variety of diseases and conditions through its hospitals and clinics located throughout the country.

Who are the promoters of Max Healthcare?

Max Healthcare’s promoters include Kayak Investments Holding Pte. Ltd., Abhay Soi, Max Ventures Investment Holdings Private Limited.

What are the Subsidiaries that comes under Max Healthcare?

Max Labs, Max Bupa Health Insurance Company Limited, and Max Healthcare Institute Limited are among the company’s subsidiaries.