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 ₹ 1,170 Cr.
- Current Price ₹ 270
- High / Low ₹ 277 / 89.0
- Stock P/E 381
- Book Value ₹ 200
- Dividend Yield 0.00 %
- ROCE 0.78 %
- ROE 0.97 %
- 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 1.22% over last 3 years.
- Earnings include an other income of Rs.8.48 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: Miscellaneous Industry: Miscellaneous
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 | TTM | |
---|---|---|---|---|---|
74 | 34 | 33 | 33 | 32 | |
78 | 26 | 24 | 24 | 26 | |
Operating Profit | -5 | 8 | 9 | 9 | 6 |
OPM % | -6% | 23% | 27% | 27% | 19% |
-112 | -7 | 1 | 5 | 8 | |
Interest | 0 | 0 | 0 | 0 | 0 |
Depreciation | 3 | 3 | 2 | 2 | 3 |
Profit before tax | -120 | -3 | 8 | 11 | 11 |
Tax % | -3% | 430% | 17% | -8% | |
-123 | 9 | 6 | 12 | 10 | |
EPS in Rs | -24,652.00 | 1.61 | 1.17 | 2.83 | 2.39 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -24% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 39% |
TTM: | -65% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 60% |
1 Year: | 184% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 1% |
Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 54 | 54 | 54 | 43 | 43 |
Reserves | 865 | 874 | 882 | 815 | 820 |
1 | 1 | 0 | 1 | 1 | |
12 | 10 | 12 | 10 | 8 | |
Total Liabilities | 932 | 939 | 947 | 868 | 872 |
94 | 98 | 99 | 99 | 98 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 735 | 675 | 577 | 523 | 551 |
103 | 166 | 271 | 246 | 223 | |
Total Assets | 932 | 939 | 947 | 868 | 872 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
3 | 19 | -8 | -17 | |
-4 | -18 | 8 | 109 | |
2 | -0 | -0 | -92 | |
Net Cash Flow | 0 | 0 | -1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 23 | 38 | 4 | 7 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 23 | 38 | 4 | 7 |
Working Capital Days | 318 | 1,293 | 2,833 | 2,586 |
ROCE % | 1% | 1% | 1% |
Documents
Announcements
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
4h - Secretarial Compliance Report for the financial year ended March 31, 2024.
- Intimation For Cancellation Stock Options 26 Apr
- Updates On Key Business Metrics Of The Company For The Financial Year Ended March 31, 2024 26 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 23 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr
Annual reports
Concalls
-
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
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]