MAX HEALTHCARE INS LTD (MAXHEALTH)

NSE: ₹966.20
BSE: ₹966.25
Stock Performance
Corporate Announcements
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Quarterly Financials

Consolidated Standalone
Particulars Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 543.63 596.87 590.75 610.11 621.39 686.11 697.40 658.70 694.02 736.62 710.91 732.90
YOY Revenue Growth % 27.45% 25.88% 22.57% 20.26% 14.3% 14.95% 18.05% 7.96% 11.69% 7.36% 1.94% 11.26%
Other Income 42.73 48.04 42.68 137.77 42.87 133.51 92.01 98.15 79.85 47.43 83.33 91.34
Total Income 586.36 644.91 633.43 747.88 664.26 819.62 789.41 756.85 773.87 784.05 794.24 824.24
Total Expenses + 425.38 434.88 430.10 457.26 461.10 501.47 517.60 529.62 550.99 568.39 553.40 563.86
Cost of Materials Consumed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Employee Benefit Expense 106.48 115.86 113.41 112.64 119.07 123.32 122.73 125.98 135.15 134.22 125.31 122.01
Other Expenses 171.12 169.58 175.38 183.63 187.00 201.62 199.66 211.00 213.32 222.59 221.79 241.13
Operating Profit 118.25 161.99 160.65 152.85 160.29 184.64 179.80 129.08 143.03 168.23 157.51 169.04
OPM % 21.8% 27.1% 27.2% 25.1% 25.8% 26.9% 25.8% 19.6% 20.6% 22.8% 22.2% 23.1%
Profit Before Tax + 160.98 210.03 203.33 290.62 203.16 318.15 198.18 227.23 222.88 215.66 225.20 260.38
Tax Expense 34.92 48.72 45.21 48.85 49.02 86.85 59.94 49.84 56.85 55.24 38.25 57.17
Tax % 21.7% 23.2% 22.2% 16.8% 24.1% 27.3% 30.2% 21.9% 25.5% 25.6% 17% 22%
Profit After Tax 126.06 161.31 158.12 241.77 154.14 231.30 138.24 177.39 166.03 160.42 186.95 203.21
EPS (Basic) 1.30 1.66 1.63 2.49 1.59 2.38 1.42 1.82 1.71 1.65 1.92 2.09

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
Revenue from Operations 2,874.45 2,663.60 2,341.36 1,904.66 1,729.08 1,030.78
YOY Revenue Growth % 7.92% 13.76% 22.93% 10.15% 67.74% -
Other Income 301.95 366.54 271.22 144.17 125.38 106.51
Total Income 3,176.40 3,030.14 2,612.58 2,048.83 1,854.46 1,137.29
Total Expenses + 2,236.64 2,009.79 1,747.62 1,485.69 1,451.47 1,073.08
Employee Benefit Expense 516.69 491.10 448.39 372.25 363.86 265.47
Other Expenses 898.83 799.28 699.71 599.18 501.40 359.36
Operating Profit 637.81 653.81 593.74 418.97 277.61 -42.30
OPM % 22.2% 24.5% 25.4% 22% 16.1% -4.1%
Profit Before Exceptional 939.76 1,020.35 864.96 563.14 402.99 64.21
Exceptional Items -15.64 -73.63 0.00 0.00 0.00 -210.67
Profit Before Tax + 924.12 946.72 864.96 563.14 402.99 -146.46
Tax Expense 207.51 245.65 177.70 -131.17 71.86 17.99
Tax % 22.5% 25.9% 20.5% -23.3% 17.8% -
Profit After Tax 716.61 701.07 687.26 694.31 331.13 -164.45
EPS (Basic) 7.37 7.21 7.07 7.16 3.42 -1.91

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
ASSETS
Non-Current Assets + 9,819.28 9,139.13 8,042.11 6,984.28 6,803.60 6,181.10
Property, Plant & Equipment 1,426.06 1,352.54 1,255.65 984.58 942.11 750.92
Capital Work in Progress 478.95 240.32 128.51 57.03 14.06 8.15
Non-Current Investments 2,625.64 2,613.71 1,915.36 1,474.74 2,567.48 2,379.30
Goodwill 1,319.35 1,319.35 1,319.35 1,319.35 947.42 947.42
Other Intangible Assets 2,159.03 2,194.27 2,141.87 2,180.71 1,257.41 1,290.62
Current Assets + 1,070.81 828.09 1,026.76 1,436.05 698.44 961.85
Inventories 30.72 29.80 28.69 29.94 24.66 21.49
Trade Receivables 416.79 295.24 204.61 140.29 267.61 307.44
Cash and Cash Equivalents 531.52 415.51 719.23 13.15 213.98 597.77
Current Investments 0.00 0.00 0.00 0.00 0.00 0.00
LIABILITIES & EQUITY
Total Equity 8,940.59 8,289.36 7,680.76 7,042.11 6,309.02 5,939.43
Equity Share Capital 973.13 972.14 971.91 970.92 969.61 965.95
Other Equity 7,967.46 7,317.22 6,708.85 6,071.19 5,339.41 4,973.48
Non-Current Liabilities 1,282.72 1,094.47 876.07 937.04 897.33 928.37
Current Liabilities 666.78 583.39 512.04 441.18 295.69 275.15
Total Liabilities 1,949.50 1,677.86 1,388.11 1,378.22 1,193.02 1,203.52

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
Cash from Operating Activities 503.19 598.35 613.09 696.47 424.57 219.24
Cash from Investing Activities -426.01 -873.26 -805.64 -842.85 -733.03 -344.65
Cash from Financing Activities 38.83 -28.81 -245.91 -54.47 -75.33 396.68
Net Increase/Decrease in Cash 116.01 -303.72 -438.46 -200.85 -383.79 271.27