Max Healthcare Institute

₹934.00As of Sun 8 Nov 2026, 12:00 UTC

NSE:MAXHEALTHHealthcare

Country India

PE (Fwd) 49.50

TSR 6Y CAGR 50.91%

Div yield 0.21%

ROE —

Medical Care Facilities

Beta (5Y) 0.18

PE TTM 63.29

TSR TTM (18.48%)

Mkt cap ₹910.0B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹1,025

9.75%

(77.50%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

5Y

10Y

Peers

83.73

Revenue₹B

—

—

—

—

—

39.37

45.63

54.06

70.28

83.73

94.19

20.77%

20.77%

23

19.14

Revenue growth%

—

—

—

—

—

—

15.90

18.49

30.01

19.14

12.49

18.81

—

63

62.42

Gross margin%

—

—

—

—

—

55.59

62.05

62.03

62.28

62.42

62.62

62.05

62.05

100

21.48

Operating margin%

—

—

—

—

—

19.25

22.44

23.59

21.73

21.48

21.58

21.73

21.73

90

17.23

Net margin%

—

—

—

—

—

15.37

24.19

19.56

15.31

17.23

17.50

17.23

17.23

90

63.29

P/E ratio (avg)x

—

—

—

—

—

52.55

37.20

58.40

88.42

75.07

55.38

58.40

58.40

18

50.75

EV/EBITx

—

—

—

—

—

41.95

40.09

48.43

62.27

60.19

44.90

48.43

48.43

11

—

FCF yield (avg)%

—

—

—

—

—

—

—

—

—

—

—

—

—

27

—

FCF margin%

—

—

—

—

—

—

—

—

—

—

—

—

—

33

—

FCF / Net incomex

—

—

—

—

—

—

—

—

—

—

—

—

—

14

—

ROIC%

—

—

—

—

—

—

—

—

—

—

—

—

—

43

—

Return on equity%

—

—

—

—

—

—

—

—

—

—

—

—

—

38

—

Return on assets%

—

—

—

—

—

—

—

—

—

—

—

—

—

52

14.76

EPS₹

—

—

—

—

—

6.24

11.36

10.84

11.01

14.76

16.87

24.00%

24.00%

—

34.07

EPS growth%

—

—

—

—

—

—

81.95

(4.52)

1.52

34.07

14.28

17.79

—

15

—

Bookvalue per sh₹

—

—

—

—

—

—

—

—

—

—

—

—

—

—

—

FCF per share₹

—

—

—

—

—

—

—

—

—

—

—

—

—

—

2.00

Dividend per sh₹

—

—

—

—

—

—

1.00

1.50

1.50

2.00

2.15

25.99%

25.99%

—

0.21

Div yield (avg)%

—

—

—

—

—

—

0.24

0.24

0.15

0.18

0.23

0.21

—

15

13.55

Payout ratio%

—

—

—

—

—

—

8.80

13.84

13.62

13.55

12.78

13.55

13.55

40

977.4

Shares (diluted)M

—

—

—

—

—

969.4

971.7

975.5

977.4

977.4

◌977.4

0.21%

0.21%

54

—

Buyback yield%

—

—

—

—

—

—

(0.24)

(0.39)

(0.20)

—

◌—

(0.22)

—

54

—

D/E ratiox

—

—

—

—

—

—

—

—

—

—

—

—

—

77

912.9

Enterprise value₹B

—

—

—

—

—

318.0

410.5

617.7

951.2

1,083

912.9

35.84%

35.84%

57

—

LT debt₹M

—

—

—

—

—

—

—

—

—

—

—

—

—

27

Peers (US$9.669B)

Cap (US$)

PE

Apollo Hospitals…

12.93B

54.10x

Manipal Health…

9.060B

86.66x

Aster DM Quality Care…

6.601B

90.10x

Bangkok Dusit Medical…

9.460B

20.65x

Capital

TTM

5Y

10Y

Leveragex

—

—

—

EBIT/Intx

8.366

10.27

10.27

Own earn%

—

—

—

Sh yield%

0.22

(0.03)

(0.03)

Owners

Insiders/Inst%

23.73

53.93

Short interest%

—

SBC / revenue%

0.55

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

3/4

Dividend streakyrs

0

Op margin range%

19–24

$1 testx

—

Incr. ROIC%

—

Max Healthcare Institute Limited provides medical and healthcare services in India.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹83.73B

20.77%

1.00×

Cost of revenue

₹31.47B

15.84%

0.85×

Operating expenses

₹34.27B

24.41%

1.13×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

-

Return on capital

n/m

-

Spread over hurdle

n/m

-