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 ₹ 221
- High / Low ₹ 241 / 83.4
- Stock P/E
- Book Value ₹ 123
- Dividend Yield 0.00 %
- ROCE 0.53 %
- ROE -1.81 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -3.52% over last 3 years.
- Company's cost of borrowing seems high
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
211 | 121 | 229 | 200 | 187 | |
216 | 150 | 232 | 200 | 220 | |
Operating Profit | -5 | -29 | -3 | -0 | -33 |
OPM % | -2% | -24% | -1% | -0% | -18% |
277 | 0 | 2 | 12 | 20 | |
Interest | 27 | 24 | 10 | 6 | 5 |
Depreciation | 8 | 10 | 7 | 8 | 9 |
Profit before tax | 237 | -64 | -18 | -3 | -27 |
Tax % | 2% | 17% | 11% | -245% | |
232 | -53 | -16 | -10 | -39 | |
EPS in Rs | 59,412.00 | -9.88 | -3.00 | -2.41 | -9.05 |
Dividend Payout % | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -2% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -402% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 50% |
1 Year: | 160% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -4% |
Last Year: | -2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 54 | 54 | 54 | 43 | 43 |
Reserves | 652 | 599 | 588 | 499 | 486 |
182 | 145 | 61 | 45 | 15 | |
136 | 198 | 156 | 166 | 169 | |
Total Liabilities | 1,024 | 996 | 858 | 753 | 713 |
144 | 156 | 159 | 159 | 156 | |
CWIP | 1 | -0 | -0 | -0 | 1 |
Investments | 414 | 334 | 178 | 83 | 68 |
465 | 506 | 522 | 511 | 489 | |
Total Assets | 1,024 | 996 | 858 | 753 | 713 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
-19 | 73 | 66 | 69 | |
-526 | 13 | 18 | 124 | |
557 | -73 | -94 | -119 | |
Net Cash Flow | 12 | 12 | -10 | 75 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 24 | 22 | 9 | 5 |
Inventory Days | 1,736 | 6,544 | 385 | 222 |
Days Payable | 154 | 633 | 28 | 58 |
Cash Conversion Cycle | 1,607 | 5,932 | 366 | 170 |
Working Capital Days | 443 | 517 | 349 | 269 |
ROCE % | -4% | -0% | 1% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr
- Compliance Certificate Under Regulation 40(9) Of SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 For The Financial Year Ended March 31, 2024 9 Apr
- Compliance Certificate Pursuant To Regulation 7 (3) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024 5 Apr
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 30 Mar
- Closure of Trading Window 27 Mar
Annual reports
Concalls
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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]