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 ₹ 956 Cr.
- Current Price ₹ 186
- High / Low ₹ 319 / 160
- Stock P/E
- Book Value ₹ 168
- Dividend Yield 0.00 %
- ROCE 0.27 %
- ROE 0.15 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 1.10 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.49%
- Company has a low return on equity of 0.61% 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
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 | |
---|---|---|---|---|---|---|
73.61 | 33.66 | 32.61 | 32.75 | 31.29 | 23.55 | |
78.32 | 25.95 | 23.91 | 23.74 | 27.22 | 23.72 | |
Operating Profit | -4.71 | 7.71 | 8.70 | 9.01 | 4.07 | -0.17 |
OPM % | -6.40% | 22.91% | 26.68% | 27.51% | 13.01% | -0.72% |
-112.32 | -7.49 | 1.25 | 4.79 | 0.85 | -5.82 | |
Interest | 0.05 | 0.16 | 0.16 | 0.24 | 0.59 | 0.81 |
Depreciation | 3.08 | 2.68 | 2.17 | 2.24 | 2.68 | 3.12 |
Profit before tax | -120.16 | -2.62 | 7.62 | 11.32 | 1.65 | -9.92 |
Tax % | 2.57% | -430.15% | 17.45% | -7.51% | 24.85% | |
-123.26 | 8.65 | 6.29 | 12.16 | 1.24 | -9.00 | |
EPS in Rs | -12,326.00 | 1.35 | 0.98 | 2.38 | 0.24 | -1.74 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -2% |
TTM: | -26% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -58% |
TTM: | -154% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 41% |
1 Year: | -29% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 53.79 | 53.79 | 53.79 | 43.03 | 43.17 | 43.17 |
Reserves | 865.38 | 874.23 | 881.81 | 814.78 | 820.82 | 822.04 |
0.73 | 0.65 | 0.15 | 0.79 | 5.50 | 5.21 | |
11.89 | 10.15 | 11.60 | 9.74 | 11.63 | 9.82 | |
Total Liabilities | 931.79 | 938.82 | 947.35 | 868.34 | 881.12 | 880.24 |
93.81 | 97.82 | 99.19 | 99.23 | 102.96 | 103.26 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 735.03 | 675.06 | 577.09 | 523.49 | 622.93 | 655.95 |
102.95 | 165.94 | 271.07 | 245.62 | 155.23 | 121.03 | |
Total Assets | 931.79 | 938.82 | 947.35 | 868.34 | 881.12 | 880.24 |
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
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
16 May - Annual Secretarial Compliance Report for FY ended March 31, 2025; full regulatory compliance confirmed.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
15 May - Max India's subsidiary partners with Axis Bank to offer senior care services to 20 lakh customers.
-
Conclusion Of Sale Transaction By The Company Of Three Floors At Max Towers, Noida To Max Towers Private Limited.
9 May - Sale of three floors at Max Towers, Noida for Rs. 105.08 Cr to promoter group subsidiary.
-
Update Regarding Receipt Of Certification From Association Of Senior Living India By One Of Our Senior Living Communities.
3 May - Antara Purukul Senior Living receives ASLI Certificate of Excellence for quality care.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1 May
Annual reports
Concalls
-
Feb 2025Transcript PPT
-
Nov 2024Transcript PPT
-
Oct 2024TranscriptNotesPPT REC
-
Aug 2024Transcript PPT
-
Jun 2024Transcript PPT REC
-
May 2024TranscriptNotesPPT
-
Feb 2024Transcript PPT
-
Feb 2024TranscriptNotesPPT
-
Dec 2023TranscriptNotesPPT
-
Nov 2023Transcript PPT
-
Sep 2023Transcript PPT
-
Aug 2023TranscriptNotesPPT REC
-
Aug 2023TranscriptNotesPPT
-
Jun 2023Transcript PPT
-
May 2023TranscriptNotesPPT
-
Feb 2023Transcript PPT
-
Dec 2022Transcript PPT
-
Nov 2022TranscriptNotesPPT
-
Aug 2022TranscriptNotesPPT
-
Aug 2022Transcript PPT
-
Aug 2022TranscriptNotesPPT
-
Jun 2022Transcript PPT
-
Feb 2022TranscriptNotesPPT
-
Jan 2022Transcript PPT
-
Nov 2021TranscriptPPT
-
Aug 2021TranscriptPPT
-
Feb 2021TranscriptNotesPPT
-
Sep 2020TranscriptNotesPPT
-
Aug 2020TranscriptNotesPPT
Business Profile[1]
Max India Limited, through its Antara brand and subsidiaries like Max Estates Gurgaon Limited (MEGL), operates in the senior care sector. Their business includes senior living residences, assisted care services such as care homes and at-home care, and a products vertical (AGEasy) catering to senior needs