Max India Ltd

Max India Ltd Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Max India Ltd

₹ 235 -2.61%
21 Nov - close price
maxindia.com BSE: 543223 NSE: MAXIND
About

Max India is the holding company of Max Group’s Senior Care business Antara, an integrated service provider for all senior care needs. [1]

Key Points

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]

Website BSE NSE
  • Market Cap ₹ 1,008 Cr.
  • Current Price ₹ 235
  • High / Low ₹ 338 / 134
  • Stock P/E
  • Book Value ₹ 103
  • Dividend Yield 0.00 %
  • ROCE -7.69 %
  • ROE -10.7 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -4.41% over last 3 years.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
83 42 50 44 58 43 56 41 49 41 45 26 43
80 44 54 45 56 46 55 53 54 58 66 54 64
Operating Profit 3 -2 -3 -1 2 -3 1 -12 -5 -17 -21 -28 -21
OPM % 4% -5% -7% -3% 4% -7% 2% -31% -9% -43% -46% -106% -49%
3 1 1 2 3 3 4 6 6 5 5 6 5
Interest 3 2 1 2 1 2 2 1 1 1 1 1 2
Depreciation 2 2 2 2 2 2 2 2 2 2 3 4 5
Profit before tax -0 -5 -5 -2 2 -4 1 -10 -2 -17 -20 -27 -22
Tax % 1,767% 16% -71% 83% 208% -93% 388% 19% 160% 8% 6% 0% 3%
-1 -6 -2 -4 -2 -0 -4 -12 -5 -18 -22 -27 -23
EPS in Rs -0.10 -1.06 -0.29 -0.78 -0.41 -0.07 -0.97 -2.84 -1.09 -4.15 -5.00 -6.25 -5.27
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Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
211 121 229 212 191 155
216 150 232 202 229 242
Operating Profit -5 -29 -3 10 -38 -87
OPM % -2% -24% -1% 5% -20% -56%
277 0 2 1 4 21
Interest 27 24 10 6 5 6
Depreciation 8 10 7 8 10 14
Profit before tax 237 -64 -18 -3 -49 -86
Tax % 2% -17% -11% 245% 15%
232 -53 -16 -10 -56 -89
EPS in Rs 59,412.00 -9.88 -3.00 -2.41 -13.06 -20.67
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 16%
TTM: -18%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -8%
TTM: -317%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 46%
1 Year: 62%
Return on Equity
10 Years: %
5 Years: %
3 Years: -4%
Last Year: -11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 54 54 54 43 43 43
Reserves 652 599 588 499 449 402
182 145 61 45 44 59
136 198 156 166 148 154
Total Liabilities 1,024 996 858 753 684 658
144 156 159 159 193 218
CWIP 1 0 0 0 10 11
Investments 414 334 178 83 63 50
465 506 522 511 418 379
Total Assets 1,024 996 858 753 684 658

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-19 73 66 69 -102
-526 13 18 124 159
557 -73 -94 -119 -29
Net Cash Flow 12 12 -10 75 27

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 24 22 9 5 9
Inventory Days 1,736 6,544 385 223 38
Days Payable 154 633 28 48 148
Cash Conversion Cycle 1,607 5,932 366 180 -100
Working Capital Days 443 517 349 249 -99
ROCE % -4% -0% 1% -8%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
40.89% 40.89% 40.89% 51.11% 51.11% 51.11% 51.11% 50.94% 50.94% 50.94% 50.94% 50.94%
6.21% 5.83% 5.76% 7.55% 11.38% 11.26% 10.71% 10.59% 10.32% 9.54% 9.01% 7.41%
3.07% 3.07% 3.07% 0.00% 0.00% 0.00% 0.00% 0.69% 0.69% 0.81% 0.81% 0.81%
49.83% 50.21% 50.28% 41.35% 37.51% 37.63% 38.18% 37.77% 38.04% 38.70% 39.23% 40.83%
No. of Shareholders 31,83530,00629,16331,34737,25938,69736,35636,56335,88840,36738,87639,886

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Concalls