Max India Ltd
Max India is the holding company of Max Group’s Senior Care business Antara, an integrated service provider for all senior care needs. [1]
- Market Cap ₹ 1,103 Cr.
- Current Price ₹ 255
- High / Low ₹ 338 / 129
- Stock P/E 1,212
- Book Value ₹ 200
- Dividend Yield 0.00 %
- ROCE 0.27 %
- ROE 0.15 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.61% over last 3 years.
- Earnings include an other income of Rs.1.52 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
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73.61 | 33.66 | 32.61 | 32.75 | 31.29 | 28.81 | |
78.32 | 25.95 | 23.91 | 23.74 | 27.22 | 26.07 | |
Operating Profit | -4.71 | 7.71 | 8.70 | 9.01 | 4.07 | 2.74 |
OPM % | -6.40% | 22.91% | 26.68% | 27.51% | 13.01% | 9.51% |
-112.32 | -7.49 | 1.25 | 4.79 | 0.85 | 1.52 | |
Interest | 0.05 | 0.16 | 0.16 | 0.24 | 0.59 | 0.72 |
Depreciation | 3.08 | 2.68 | 2.17 | 2.24 | 2.68 | 2.85 |
Profit before tax | -120.16 | -2.62 | 7.62 | 11.32 | 1.65 | 0.69 |
Tax % | 2.57% | -430.15% | 17.45% | -7.51% | 24.85% | |
-123.26 | 8.65 | 6.29 | 12.16 | 1.24 | 0.85 | |
EPS in Rs | -24,652.00 | 1.61 | 1.17 | 2.83 | 0.29 | 0.20 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -2% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -58% |
TTM: | -88% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 52% |
1 Year: | 80% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 53.79 | 53.79 | 53.79 | 43.03 | 43.17 |
Reserves | 865.38 | 874.23 | 881.81 | 814.78 | 820.82 |
0.73 | 0.65 | 0.15 | 0.79 | 5.50 | |
11.89 | 10.15 | 11.60 | 9.74 | 11.63 | |
Total Liabilities | 931.79 | 938.82 | 947.35 | 868.34 | 881.12 |
93.81 | 97.82 | 99.19 | 99.23 | 102.96 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | 735.03 | 675.06 | 577.09 | 523.49 | 622.93 |
102.95 | 165.94 | 271.07 | 245.62 | 155.23 | |
Total Assets | 931.79 | 938.82 | 947.35 | 868.34 | 881.12 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
3.01 | 18.84 | -7.96 | -17.38 | -17.02 | |
-4.13 | -18.17 | 7.84 | 109.16 | 16.72 | |
1.53 | -0.17 | -0.45 | -91.81 | 0.17 | |
Net Cash Flow | 0.41 | 0.50 | -0.56 | -0.03 | -0.12 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 23.35 | 38.39 | 4.03 | 6.80 | 1.98 |
Inventory Days | |||||
Days Payable | |||||
Cash Conversion Cycle | 23.35 | 38.39 | 4.03 | 6.80 | 1.98 |
Working Capital Days | 318.39 | 1,292.68 | 2,832.70 | 2,568.93 | 864.26 |
ROCE % | 1.14% | 0.83% | 0.78% | 0.27% |
Documents
Announcements
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Board Meeting Intimation for Disclosure Under Listing Regulations - Board Meeting For Consideration Of Unaudited Financial Results Of The Company For The Quarter And Half Year Ending September 30, 2024
2d - Board meeting to approve Q2 financial results.
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Closure of Trading Window
2d - Board meeting to approve Q2 financial results.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 24 Sep
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Shareholder Meeting / Postal Ballot-Outcome of AGM
23 Sep - Summary of 5th Annual General Meeting proceedings.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Aug
Annual reports
Concalls
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Aug 2024Transcript PPT
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Jun 2024Transcript PPT REC
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May 2024TranscriptNotesPPT
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Feb 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Dec 2023TranscriptNotesPPT
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Nov 2023Transcript PPT
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Sep 2023Transcript PPT
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Aug 2023TranscriptNotesPPT REC
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Dec 2022Transcript PPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Aug 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Jan 2022Transcript PPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Feb 2021TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
Scheme of Arrangement
Max India Limited (MIL) was formed in June 2020 after Max India – the erstwhile arm of the 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 Ltd which was later renamed as Max India Ltd [1]