Max India, 543223, MAXIND Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

978.99
N/A
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

786.44
N/A
2.09

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

-
3.78
-10.22

EBITDA CAGR (%)

10 Years
5 Years
3 Years

-
32.80
-

PAT CAGR (%)

10 Years
5 Years
3 Years

-
21.81
138.26

P:E (Median)

8 Years
5 Years
3 Years

P:BV (Average)

8 Years
5 Years
3 Years

-
-
1.84

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
-78.62

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 3.14 5.41 -41.96% 2.85 5.83 -51.11% 3.30 7.72 -57.25% 4.59 7.58 -39.45%
Expenses 5.61 5.20 7.88% 4.19 5.54 -24.37% 5.99 7.99 -25.03% 4.99 6.71 -25.63%
EBITDA -2.47 0.21 - -1.34 0.29 - -2.69 -0.27 - -0.40 0.87 -
EBIDTM -78.66% 3.88% -47.02% 4.97% -81.52% -3.50% -8.71% 11.48%
Other Income 0.04 0.09 -55.56% 0.68 1.35 -49.63% 0.15 0.02 650.00% 0.07 0.17 -58.82%
Interest 0.13 0.20 -35.00% 0.83 0.20 315.00% 0.20 0.21 -4.76% 0.20 0.26 -23.08%
Depreciation 0.35 0.82 -57.32% 0.38 0.78 -51.28% 0.38 0.72 -47.22% 0.80 0.75 6.67%
PBT -2.94 -0.72 - 6.01 0.71 746.48% -3.12 -8.58 - -1.33 7.31 -
Tax -2.52 0.02 - 0.30 -0.22 - 0.27 -0.34 - -0.38 -0.05 -
PAT -0.42 -0.74 - 5.71 0.93 513.98% -3.39 -8.24 - -0.95 7.36 -
PATM -13.38% -13.68% 200.35% 15.95% -102.73% -106.74% -20.70% 97.10%
EPS -0.08 -0.14 - 1.09 0.18 505.56% -0.65 -1.58 - -0.18 1.41 -

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 45.16 42.77 5.59% 36.67 26.46 38.59% 41.52 45.04 -7.82% 34.74 40.69 -14.62%
Expenses 75.42 63.92 17.99% 64.52 54.40 18.60% 81.32 65.11 24.90% 64.38 58.03 10.94%
EBITDA -30.26 -21.15 - -27.85 -27.94 - -39.80 -20.07 - -29.64 -17.34 -
EBIDTM -67.01% -49.45% -75.95% -105.59% -95.86% -44.56% -85.32% -42.61%
Other Income 5.01 4.72 6.14% 4.67 5.66 -17.49% 3.95 4.62 -14.50% 4.35 3.84 13.28%
Interest 4.06 1.70 138.82% 3.52 1.49 136.24% 2.83 1.34 111.19% 2.04 1.36 50.00%
Depreciation 5.94 4.61 28.85% 5.77 3.93 46.82% 5.25 2.98 76.17% 5.03 2.43 107.00%
PBT -35.28 -22.74 - -24.59 -27.70 - -43.93 -19.75 - -44.96 -17.29 -
Tax -1.96 0.73 - 0.98 0.10 880.00% 0.79 1.26 -37.30% 0.19 1.29 -85.27%
PAT -33.32 -23.47 - -25.57 -27.80 - -44.72 -21.01 - -45.15 -18.58 -
PATM -73.78% -54.87% -69.73% -105.06% -107.71% -46.65% -129.97% -45.66%
EPS -6.52 -4.97 - -4.91 -5.90 - -9.99 -4.72 - -9.76 -3.92 -

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 13.88 19.13 31.23 32.54 32.61 33.66 73.61 Net Sales Growth -47.70% -38.74% -4.03% -0.21% -3.12% -54.27% Cost Of Goods Sold 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Gross Profit 13.88 19.13 31.23 32.54 32.61 33.66 73.61 GP Margin 100.00% 100% 100% 100% 100% 100% 100% Total Expenditure 20.78 21.73 27.22 23.75 23.90 25.95 78.33 Power & Fuel Cost - 0.16 0.13 0.13 0.15 0.05 0.14 % Of Sales - 0.84% 0.42% 0.40% 0.46% 0.15% 0.19% Employee Cost - 12.23 12.60 10.02 9.79 9.49 28.69 % Of Sales - 63.93% 40.35% 30.79% 30.02% 28.19% 38.98% Manufacturing Exp. - 0.90 0.87 1.01 1.37 4.78 6.03 % Of Sales - 4.70% 2.79% 3.10% 4.20% 14.20% 8.19% General & Admin Exp. - 8.44 13.58 12.32 12.43 11.50 19.60 % Of Sales - 44.12% 43.48% 37.86% 38.12% 34.17% 26.63% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0% 0% 0% 0% 0% 0% Miscellaneous Exp. - 0.16 0.18 0.39 0.31 0.18 24.00 % Of Sales - 0.84% 0.58% 1.20% 0.95% 0.53% 32.60% EBITDA -6.90 -2.60 4.01 8.79 8.71 7.71 -4.72 EBITDA Margin -49.71% -13.59% 12.84% 27.01% 26.71% 22.91% -6.41% Other Income 0.94 1.66 1.03 0.50 1.25 5.54 0.69 Interest 1.36 0.80 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 PBT -1.38 -4.51 1.77 6.82 7.62 10.41 -7.16 Tax -2.33 -0.31 0.41 -0.85 1.33 -11.27 3.09 Tax Rate 168.84% 6.95% 24.85% -7.51% 17.45% 430.15% -2.57% PAT 0.95 -4.16 1.24 12.16 6.29 8.65 -123.26 PAT before Minority Interest 0.95 -4.16 1.24 12.16 6.29 8.65 -123.26 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 6.84% -21.75% 3.97% 37.37% 19.29% 25.70% -167.45% PAT Growth 237.68% - -89.80% 93.32% -27.28% - EPS 0.18 -0.80 0.24 2.33 1.20 1.65 -23.57

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Net Sales 158.09 145.49 175.63 201.03 229.88 120.88 211.00 Net Sales Growth 2.02% -17.16% -12.63% -12.55% 90.17% -42.71% Cost Of Goods Sold 46.74 32.71 58.12 83.72 123.72 13.91 47.53 Gross Profit 111.35 112.77 117.51 117.31 106.16 106.97 163.47 GP Margin 70.43% 77.51% 66.91% 58.35% 46.18% 88.49% 77.47% Total Expenditure 285.64 264.02 230.05 200.53 231.12 149.58 216.26 Power & Fuel Cost - 4.79 3.60 3.35 2.80 1.97 2.29 % Of Sales - 3.29% 2.05% 1.67% 1.22% 1.63% 1.09% Employee Cost - 96.57 78.20 54.32 57.79 88.43 106.34 % Of Sales - 66.38% 44.53% 27.02% 25.14% 73.16% 50.40% Manufacturing Exp. - 52.46 38.30 19.55 19.01 16.22 17.22 % Of Sales - 36.06% 21.81% 9.72% 8.27% 13.42% 8.16% General & Admin Exp. - 72.52 49.62 39.28 27.41 28.30 39.66 % Of Sales - 49.85% 28.25% 19.54% 11.92% 23.41% 18.80% Selling & Distn. Exp. - 0.00 0.00 0.00 0.00 0.00 0.00 % Of Sales - 0% 0% 0% 0% 0% 0% Miscellaneous Exp. - 9.76 5.80 3.67 3.19 2.72 5.51 % Of Sales - 6.71% 3.30% 1.83% 1.39% 2.25% 2.61% EBITDA -127.55 -118.53 -54.42 0.50 -1.24 -28.70 -5.26 EBITDA Margin -80.68% -81.47% -30.99% 0.25% -0.54% -23.74% -2.49% Other Income 17.98 18.69 19.11 12.42 7.56 8.70 3.33 Interest 12.45 8.06 4.67 6.23 10.28 24.40 27.09 Depreciation 21.99 18.82 10.15 8.45 7.09 10.37 8.36 PBT -148.76 -126.74 -50.13 -1.74 -11.05 -54.77 -37.38 Tax 0.00 1.81 7.34 7.37 -1.89 -10.66 5.22 Tax Rate 0.00% -1.30% -14.65% -423.56% 11.68% 16.92% -5.97% PAT -148.76 -140.39 -56.38 -10.38 -16.14 -52.36 -92.60 PAT before Minority Interest -148.76 -140.39 -56.38 -10.38 -16.14 -52.36 -92.60 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin -94.10% -96.49% -32.10% -5.16% -7.02% -43.32% -43.89% PAT Growth 0.00% - - - - - EPS -28.44 -26.84 -10.78 -1.98 -3.09 -10.01 -17.71

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 864.80 863.99 857.80 935.59 928.01 919.17 Share Capital 43.59 43.17 43.03 53.79 53.79 53.79 Total Reserves 814.39 814.56 812.12 880.72 874.23 865.38 Non-Current Liabilities 10.73 11.40 3.24 4.88 6.78 5.96 Secured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 2.19 2.34 1.70 1.18 1.93 3.62 Current Liabilities 10.42 5.73 7.30 6.88 4.03 6.66 Trade Payables 0.91 1.02 1.66 2.96 1.21 2.57 Other Current Liabilities 9.35 4.59 5.46 3.67 2.68 3.52 Short Term Borrowings 0.00 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 0.15 0.13 0.17 0.25 0.14 0.56 Total Liabilities 885.95 881.12 868.34 947.35 938.82 931.79 Net Block 6.98 35.34 31.08 29.89 97.82 93.81 Gross Block 10.37 40.08 34.39 33.43 102.50 98.12 Accumulated Depreciation 3.39 4.74 3.31 3.54 4.68 4.32 Non Current Assets 767.20 689.04 576.54 541.57 525.12 470.09 Capital Work in Progress 0.00 0.00 0.00 0.00 0.00 0.00 Non Current Investment 758.61 583.73 469.43 431.49 385.02 344.61 Long Term Loans & Adv. 1.60 2.34 0.63 5.92 35.58 27.66 Other Non Current Assets 0.00 0.00 7.25 4.98 6.70 4.01 Current Assets 23.67 192.08 291.81 405.78 413.71 461.70 Current Investments 20.49 39.20 54.07 145.61 290.05 390.43 Inventories 0.00 0.00 0.00 0.00 0.00 0.00 Sundry Debtors 0.88 0.17 0.61 0.36 3.54 4.71 Cash & Bank 0.21 73.64 0.32 0.36 0.92 0.41 Other Current Assets 2.08 2.50 2.38 10.39 119.21 66.15 Short Term Loans & Adv. 0.96 76.56 234.43 249.06 115.75 30.48 Net Current Assets 13.25 186.35 284.51 398.90 409.67 455.04 Total Assets 790.87 881.12 868.35 947.35 938.83 931.79

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Shareholder's Funds 358.69 492.34 542.11 641.37 653.20 705.58 Share Capital 43.59 43.17 43.03 53.79 53.79 53.79 Total Reserves 304.89 440.20 495.48 586.24 599.41 651.79 Non-Current Liabilities 108.91 53.16 49.85 62.48 117.14 155.54 Secured Loans 0.94 0.82 22.34 38.98 86.55 136.38 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 8.55 9.61 7.82 6.53 7.67 9.03 Current Liabilities 165.25 138.84 161.44 153.19 225.89 161.72 Trade Payables 30.99 23.54 10.90 9.51 24.14 20.03 Other Current Liabilities 132.25 114.24 147.97 141.59 194.41 134.08 Short Term Borrowings 0.00 0.00 0.08 1.38 3.42 2.25 Short Term Provisions 2.02 1.06 2.49 0.70 3.92 5.36 Total Liabilities 632.85 684.34 753.40 857.04 996.23 1,022.84 Net Block 169.81 125.36 91.03 89.91 156.37 144.46 Gross Block 258.43 201.07 167.03 160.45 228.29 210.18 Accumulated Depreciation 88.62 75.71 76.00 70.53 71.92 65.72 Non Current Assets 277.24 341.09 294.26 307.87 268.62 203.71 Capital Work in Progress 20.69 9.68 0.00 0.00 0.00 0.53 Non Current Investment 19.61 11.73 18.67 19.93 21.49 21.43 Long Term Loans & Adv. 55.65 117.79 109.00 128.71 90.55 36.22 Other Non Current Assets 11.48 8.91 7.40 0.02 0.20 1.07 Current Assets 260.52 343.25 459.14 549.17 727.61 819.13 Current Investments 33.72 51.73 64.80 157.63 312.05 392.17 Inventories 16.64 6.13 51.01 130.36 249.37 226.12 Sundry Debtors 22.20 4.94 2.86 5.71 7.42 14.08 Cash & Bank 109.52 209.02 92.93 23.34 24.11 12.23 Other Current Assets 78.45 3.92 11.31 2.79 134.66 174.53 Short Term Loans & Adv. 74.09 67.51 236.23 229.34 129.82 138.12 Net Current Assets 95.27 204.41 297.69 395.98 501.73 657.41 Total Assets 537.76 684.34 753.40 857.04 996.23 1,022.84

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity -9.33 -17.02 -17.38 -7.96 18.84 3.01 PBT -4.51 1.77 6.82 7.62 10.41 -7.16 Adjustment -11.13 -19.53 -21.55 -23.80 -28.67 -6.94 Changes in Working Capital -1.21 2.49 0.47 3.21 24.75 19.25 Cash after chg. in Working capital -16.86 -15.26 -14.26 -12.97 6.49 5.15 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 7.53 -1.76 -3.12 5.01 12.35 -2.15 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 7.71 16.72 109.16 7.84 -18.17 -10.92 Net Fixed Assets 29.71 -5.69 -0.96 69.07 -4.38 Net Investments -156.17 -99.43 53.60 97.97 59.97 Others 134.17 121.84 56.52 -159.20 -73.76 Cash from Financing Activity 1.62 0.17 -91.81 -0.45 -0.17 1.53 Net Cash Inflow / Outflow 0.01 -0.12 -0.03 -0.56 0.50 -6.39 Opening Cash & Equivalents 0.20 0.32 0.36 0.92 0.41 6.80 Closing Cash & Equivalent 0.21 0.20 0.32 0.36 0.92 0.41

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Cash From Operating Activity -127.60 -102.34 69.42 66.50 72.67 -18.98 PBT -125.98 -49.05 -3.01 -12.90 -55.53 286.46 Adjustment -8.77 -15.25 -12.73 -5.57 3.52 3.99 Changes in Working Capital 1.83 -27.85 86.43 80.58 107.74 -282.68 Cash after chg. in Working capital -132.92 -92.15 70.70 62.12 55.73 7.76 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid 5.31 -10.20 -1.28 4.38 16.94 -26.75 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity 46.82 158.64 124.07 17.50 12.52 -585.50 Net Fixed Assets 29.71 -5.69 -0.96 69.07 -4.38 Net Investments -156.17 -99.43 53.60 97.97 59.97 Others 173.28 263.76 71.43 -149.54 -43.07 Cash from Financing Activity -12.55 -29.00 -118.54 -93.94 -73.31 556.98 Net Cash Inflow / Outflow -93.34 27.30 74.94 -9.94 11.88 -47.51 Opening Cash & Equivalents 116.03 88.73 13.78 23.73 12.23 59.74 Closing Cash & Equivalent 22.70 116.03 88.73 13.78 24.11 12.23

Financial Ratios

Standalone /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 185.92 187.67 198.74 173.74 172.54 170.89 ROA -0.47% 0.14% 1.34% 0.67% 0.92% -13.23% ROE -0.48% 0.14% 1.36% 0.68% 0.94% -13.41% ROCE -0.42% 0.26% 1.29% 0.84% -0.27% -13.07% Fixed Asset Turnover 0.76 0.84 0.96 0.48 0.34 0.75 Receivable days 10.03 4.55 5.47 21.83 44.72 23.36 Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 Payable days 0.00 0.00 0.00 0.00 0.00 23.75 Cash Conversion Cycle 10.03 4.55 5.47 21.83 44.72 -0.38 Total Debt/Equity 0.00 0.00 0.00 0.00 0.00 0.00 Interest Cover -4.59 3.79 49.14 47.29 -15.01 -2507.71

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20
Book Value (Rs.) 75.52 105.76 125.15 118.99 121.44 131.18 ROA -21.32% -7.84% -1.29% -1.74% -5.19% -9.05% ROE -33.75% -11.03% -1.76% -2.50% -7.71% -13.12% ROCE -30.58% -8.39% 0.52% -1.06% -4.68% -6.88% Fixed Asset Turnover 0.63 0.95 1.23 1.18 0.55 1.00 Receivable days 34.05 8.10 7.78 10.42 32.46 24.36 Inventory Days 28.56 59.37 164.65 301.46 717.86 391.16 Payable days 304.19 108.15 44.50 49.64 579.52 53.13 Cash Conversion Cycle -241.58 -40.68 127.92 262.25 170.80 362.39 Total Debt/Equity 0.00 0.00 0.04 0.06 0.19 0.24 Interest Cover -16.19 -9.51 0.52 -0.75 -1.58 -2.23

Top Investors:

habrok india master lp

cassini partners, l.p. managed by habrok capital management llp

murugu selvan k

nivedita ritesh oswal

value prolific consulting services pvt ltd

Annual Reports:

News Update:

Max India’s arm’s AGEasy launches Gut Care Range along with Wellbeing Nutrition
15th Dec 2025, 13:00 PM

This new portfolio marks a significant step in addressing one of the most overlooked challenges of ageing-the changing physiology of the senior gut
Read More
Max India’s arm joins hands with Max Estates
8th Dec 2025, 14:09 PM

This marks Antara’s second project with Max Estates after the success of Estate 360, Delhi-NCR’s first intergenerational community
Read More
Max India’s arm launches new facility in Bengaluru
25th Nov 2025, 16:12 PM

Like all Antara Care Homes, the Whitefield facility is designed to offer 'care with dignity', helping residents maintain their independence with necessary support
Read More
Max India’s arm, Cloudphysician introduce AI-enabled patient management system
12th Nov 2025, 15:29 PM

The system provides 24X7 supervision to seniors undergoing post-hospitalisation recovery and rehabilitation
Read More

Max India Ltd.

Finance - Investment

BSE: 543223 | NSE: MAXIND

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

Max India Ltd.

Finance - Investment

BSE: 543223 | NSE: MAXIND

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: