MAXIND

Max India Ltd.

NSE: MAXIND

BSE: 543223

Sector: Financial Services

Industry Group: Finance

Industry: Holding Company

154.37+4.3 (+2.84%)

24 Aug, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

3.1 / 100

Value Score

8.3 / 100

Price Momentum Score

39.3 / 100

QVM Score

4.0 / 100

Key Metrics

Market Cap

869.43

P/E (TTM)

P/B

2.13

P/S (TTM)

4.07

EV/EBITDA

CAPE (5Y)

ROE (TTM)

-31.77

ROCE (TTM)

-27.13

ROA (TTM)

-18.72

Avg 3Y ROE

-25.22

Earnings 3Y CAGR

-126.44

Sales 3Y CAGR

2.55

Sales 5Y CAGR

7.23

Debt/Equity

0.24

Consensus TP

Strong Buy %

Promoter Holding

49.77

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Max India Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 37.21% for 12-month ended 30 Jun 2026 and the growth was 12.97 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 24.24

Value 37.21

-20.2754.94

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.24 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.05 in the last 1 year

What is Debt to Equity?

Negative

Low but stable ROE

The company reported low ROE of -31.77% for 12-month ended 30 Jun 2026 and ROE improved marginally by 122 bps from 1 year ago

What is ROE (FY)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Reasonably valued but PB is at a premium to industry median P/B

PB of 2.13 indicates that the stock is reasonably valued on a standalone basis but is at a 15.76% premium to industry median P/B

What is P/B Ratio?

Median: 1.84

Value 2.13

0.210.63

Low operating margin but improving trend

The company reported low operating margin of -68.72% for 12-month ended 30 Jun 2026 but operating margin improved by 2062 bps from 1 year ago

What is Operating profit margin?

Strong EPS growth but lower than median growth of industry

The company delivered strong EPS growth of 22.32% for 12-month ended 30 Jun 2026 but the growth was 9.91 percentage points lower than median growth ofindustry

What is EPS growth (1Y)?

Financial Snapshot

See detailed analysis

Multi-year trends for Max India Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

ROA FY

Max India Ltd. Shareholding Pattern

Quarterly breakdown of Max India Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	40.89	40.89	40.89	40.89	40.89	40.89	40.89	40.89	51.11	51.11	51.11	51.11	50.94	50.94	50.94	50.94	50.94	50.94	50.45	50.16	50.05	49.89	49.82	49.77
Indian Promoter	40.89	40.89	40.89	40.89	40.89	40.89	40.89	40.89	51.11	51.11	51.11	51.11	50.94	50.94	50.94	50.94	50.94	50.94	50.45	50.16	50.05	49.89	49.82	49.77
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	22.75	19.41	13.91	9.22	9.12	9.28	8.90	8.83	7.55	11.38	11.26	10.71	11.29	11.02	10.35	9.82	8.22	7.71	7.44	8.11	8.51	8.66	8.70	8.72
Mutual Funds / UTI	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	19.56	16.34	10.83	6.14	6.04	6.21	5.83	5.76	7.55	11.38	11.26	10.71	10.59	10.32	9.54	9.01	7.41	6.77	6.63	7.13	7.08	7.09	7.07	7.06
Other Institutions	3.19	3.07	3.07	3.07	3.07	3.07	3.07	3.07	0.00	0.00	0.00	0.00	0.69	0.69	0.81	0.81	0.81	0.94	0.80	0.98	1.43	1.58	1.62	1.65
Non-Institution	36.36	39.70	45.21	49.90	50.00	49.83	50.21	50.28	41.34	37.52	37.63	38.18	37.78	38.04	38.71	39.24	40.84	41.35	42.11	41.73	41.44	41.45	41.48	41.51
Bodies Corporate	4.89	4.11	4.28	4.70	3.77	3.37	3.70	4.40	11.25	3.18	2.32	2.39	2.59	2.76	2.09	2.55	2.60	2.75	2.67	2.72	3.10	3.13	3.10	2.92
Others (incl. Retail) No. of shareholders	31.47 31,501	35.59 32,541	40.93 32,901	45.20 34,239	46.23 35,315	46.46 31,532	46.51 29,717	45.88 28,878	30.09 31,079	34.34 36,989	35.31 38,440	35.79 36,125	35.19 36,344	35.28 35,667	36.62 40,134	36.69 38,643	38.24 39,651	38.60 40,166	39.44 39,678	39.01 39,849	38.34 39,557	38.32 38,273	38.38 37,259	38.59 36,605

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

Max India Ltd. is not part of any tracked index.

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Max India Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Mr. Ajay Agrawal Designated Person	June-2024	Market Sale (Disposal) 10th Jun 2024	0.19 %	₹ 271.44	24.50 k	₹ 66.50 lac
Mr. Sandeep Pathak KMP	June-2024	Market Sale (Disposal) 10th Jun 2024	0.01 %	₹ 270.30	4.70 k	₹ 12.70 lac
Mr. Ajay Agrawal Designated Person	June-2024	Market Sale (Disposal) 6th Jun 2024	0.21 %	₹ 270.50	8.00 k	₹ 21.64 lac
Mr. Ajay Agrawal Designated Person	June-2024	Market Sale (Disposal) 3rd Jun 2024	0.22 %	₹ 264.60	7.50 k	₹ 19.84 lac
Mr. Ajay Agrawal Designated Person	June-2024	Market Sale (Disposal) 3rd Jun 2024	0.23 %	₹ 273.06	800.00	₹ 2.18 lac
Mr. Ajay Agrawal Designated Person	May-2024	Market Sale (Disposal) 31st May 2024	0.24 %	₹ 271.40	5.20 k	₹ 14.11 lac
Mr. Ajay Agrawal Designated Person	March-2024	Market Sale (Disposal) 15th Mar 2024	0.24 %	₹ 222.00	2.00 k	₹ 4.44 lac
Mr. Sandeep Pathak KMP	March-2024	Market Sale (Disposal) 15th Mar 2024	0.02 %	₹ 222.09	1.35 k	₹ 3.00 lac
Mr. Ajay Agrawal Designated Person	March-2024	Market Sale (Disposal) 13th Mar 2024	0.25 %	₹ 215.79	4.00 k	₹ 8.63 lac
Mr. Sandeep Pathak KMP	March-2024	Market Sale (Disposal) 7th Mar 2024	0.03 %	₹ 211.79	5.85 k	₹ 12.39 lac

Corporate Actions

History of Max India Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Rights Issue(19 new shares @ ₹150 for 100 existing shares)
Ex-date: 29th Apr 2025Announced on: 15th Apr 2025
"Rights ISIN INE0CG620016 CINS Y5903C194 SEDOL BT7HMV1."
Others
Ex-date: 26th Jul 2022Announced on: 14th Jul 2022

Company Profile

Overview of Max India Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Max India Limited is an India-based holding company of Max Group’s senior care business. The Companys subsidiaries include Antara Senior Living Limited and Antara Assisted Care Services Limited. It is engaged in the business of developing residential communities for seniors that offer a lifestyle wi...

Key personnel

Mr. Sandeep Pathak

Chief Financial Officer, Head Legal

Ms. Trapti

Company Secretary, Compliance Officer

Mr. Ajay Agrawal

Investor Relations

Mr. Ajay Agrawal

Investor Relations

Mr. Analjit SinghD

Non-Executive Chairman of the Board

Ms. Tara Singh VachaniD

Non-Executive Vice Chairperson of the Board

Mr. Rajit MehtaD

Managing Director, Executive Director

Mr. Mohit TalwarD

Non-Executive Director

View all

Incorporated on

23 Jan 2019

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

IPO date

14 Jul 2016

Free Float

2,50,08,148

Website

https://maxindia.com/

Phone no.

+911149376000

Address

167, Floor 1,Plot-167A, Ready Money Mansion, DR. ANNIE BESANT ROAd, MUMBAI, 400018, India

Frequently Asked Questions

What is the current share price of Max India Ltd.?

The current share price of Max India Ltd. is ₹ 154.37 as of 24 Aug 2026.

What is the market capitalisation of Max India Ltd.?

The market capitalisation of Max India Ltd. stands at ₹ 869.43 Cr.

What is the PE ratio of Max India Ltd.?

The Price-to-Earnings (PE) ratio of Max India Ltd. is - as of the latest trailing twelve months data.

What is the ROE and ROCE of Max India Ltd.?

Max India Ltd. has a Return on Equity (ROE) of -31.77% and a Return on Capital Employed (ROCE) of -27.13% as per the latest financial reports.

What is the 52-week high and low of Max India Ltd.?

The 52-week high of Max India Ltd. is - and the 52-week low is -.

What is the dividend yield of Max India Ltd.?

The dividend yield of Max India Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Max India Ltd.?

Foreign Institutional Investors (FII) hold 7.06%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 38.59% of Max India Ltd. shares.

What sector does Max India Ltd. belong to?

Max India Ltd. operates in the Financial Services sector.

What is the beta of Max India Ltd.?

The beta of Max India Ltd. is 1.13, indicating its price volatility relative to the broader market. Over the past 1 year, Max India Ltd. has delivered an absolute return of -23.70%.

What is the RSI of Max India Ltd.?

The 14-day Relative Strength Index (RSI) of Max India Ltd. is 42.52, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Max India Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Max India Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Corporate Actions

Company Profile