Max Healthcare Institute Ltd

NSE: MAXHEALTH BSE: 543220

₹921

+25.50 (2.85%)

Sat, 07 Nov 2026, 09:23 pm

MTF 5xInvest in Max Healthcare Institute Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)85953.03

PE Ratio65.18

Dividend0.23

Health Services

Hospital/Nursing Management

24.5K

Max Healthcare Institute Balance Sheet

Income Statement Balance Sheet Cashflow

Particulars	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-677.50M	-996.80M	-993.70M	-1.01B	-832.40M	-1.79B	-1.01B	-838.60M	-887.40M	-2.17B
Pretax equity in earnings	0	0	0	0	0	—	0	0	0	0
Equity in earnings	0	0	0	0	460.80M	-230.50M	0	0	0	0
Total assets	30.45B	31.60B	33.14B	33.66B	39.74B	85.44B	91.89B	101.02B	120.00B	152.14B
Total current assets	2.90B	3.49B	4.54B	4.47B	29.12B	11.21B	9.97B	19.40B	17.03B	15.89B
Cash and short term investments	131.30M	227.50M	899.70M	116.40M	23.02B	6.53B	4.99B	14.68B	10.99B	6.82B
Cash & equivalents	131.30M	227.50M	899.70M	116.40M	1.19B	6.53B	3.27B	1.36B	10.99B	6.82B
Short term investments	0	0	0	0	21.82B	2.00M	1.72B	13.32B	0	0
Total receivables, net	2.33B	2.74B	3.11B	3.90B	5.66B	3.94B	4.13B	3.67B	5.04B	7.56B
Accounts receivable - trade, net	2.20B	2.46B	2.90B	3.74B	1.08B	3.88B	4.10B	3.66B	4.97B	7.36B
Other receivables	123.10M	286.70M	209.10M	152.70M	4.58B	57.30M	30.40M	3.60M	73.80M	200.10M
Total inventory	232.20M	231.20M	282.70M	260.10M	268.00M	538.00M	613.60M	762.30M	798.40M	1.06B
Other current assets, total	95.80M	119.60M	108.00M	93.40M	141.30M	100.50M	85.60M	184.10M	68.30M	171.50M
Total non-current assets	27.55B	28.11B	28.60B	29.18B	10.61B	74.23B	81.92B	81.62B	102.97B	136.25B
Long term investments	859.90M	2.66B	3.51B	3.76B	53.00M	2.85B	3.57B	2.46B	3.10B	4.82B
Note receivable - long term	859.70M	2.66B	3.51B	3.75B	28.40M	2.82B	2.81B	2.41B	2.38B	4.72B
Investments in unconsolidated subsidiaries	0	0	—	0	0	0	0	0	0	0
Other investments	200.00K	200.00K	0	10.40M	24.60M	29.20M	760.40M	48.60M	714.50M	102.00M
Net property/plant/equipment	10.03B	10.37B	10.35B	10.59B	3.20B	18.06B	21.67B	23.44B	38.25B	64.96B
Gross property/plant/equipment	10.75B	11.84B	12.22B	13.53B	6.77B	22.63B	27.26B	30.10B	46.82B	79.44B
Deferred tax assets	—	186.80M	172.10M	110.80M	0	9.80M	0	—	—	280.40M
Net intangible assets	13.05B	12.84B	12.70B	12.55B	5.60B	47.88B	51.10B	50.66B	55.83B	60.35B
Goodwill, net	2.92B	2.85B	2.85B	2.85B	4.18B	24.55B	24.55B	24.55B	29.52B	34.80B
Other intangibles, net	10.13B	9.98B	9.84B	9.70B	1.43B	23.34B	26.56B	26.11B	26.30B	25.55B
Other long term assets, total	2.38B	725.40M	928.10M	1.26B	654.50M	3.67B	3.67B	3.14B	3.62B	3.48B
Short term debt	1.54B	1.02B	1.32B	1.13B	7.54B	945.50M	1.20B	904.70M	1.16B	2.43B
Current portion of LT debt and capital leases	332.20M	151.70M	275.90M	390.10M	266.90M	403.00M	225.10M	222.30M	551.60M	875.00M
Short term debt excl. current portion of LT debt	1.21B	870.50M	1.04B	736.80M	7.27B	542.50M	972.40M	682.40M	612.90M	1.55B
Accounts payable	2.17B	2.14B	2.65B	2.92B	1.80B	4.36B	4.44B	5.43B	6.77B	8.08B
Income tax payable	—	9.90M	—	400.00K	0	500.00K	0	26.80M	1.00M	1.00M
Long term debt	6.49B	7.72B	8.49B	8.90B	1.21B	12.38B	10.19B	8.18B	13.96B	27.68B
Long term debt excl. lease liabilities	6.28B	7.68B	8.46B	8.89B	1.21B	12.38B	10.19B	8.18B	13.96B	27.68B
Total equity	11.28B	11.19B	10.31B	9.63B	25.53B	56.39B	62.82B	74.10B	84.08B	93.81B
Shareholders' equity	11.28B	11.19B	10.31B	9.63B	25.53B	56.39B	62.82B	74.10B	84.08B	93.81B
Common equity, total	11.28B	11.19B	10.31B	9.63B	25.53B	56.39B	62.82B	74.10B	84.08B	93.81B
Other common equity	-168.90M	-733.30M	-1.33B	-2.00B	0	265.10M	275.50M	465.30M	659.80M	1.14B
Total debt	8.03B	8.74B	9.81B	10.03B	8.75B	13.33B	11.39B	9.08B	15.12B	30.10B
Net debt	7.90B	8.51B	8.91B	9.91B	-14.27B	6.80B	6.39B	-5.60B	4.13B	23.28B
Change in accounts receivable	-2.69B	-580.10M	-616.50M	-778.00M	-314.30M	560.60M	29.10M	647.40M	-1.09B	-2.09B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	5.40B	644.30M	1.13B	281.20M	-118.90M	-4.78B	-447.80M	987.40M	-401.30M	814.70M
Change in other assets/liabilities	59.30M	23.50M	78.20M	-7.10M	165.20M	283.40M	-811.10M	-679.80M	-161.70M	223.90M
Sale of fixed assets & businesses	27.60M	—	—	0	0	16.20M	51.70M	39.20M	63.40M	64.10M
Purchase/sale of investments, net	1.49B	-55.40M	-733.20M	757.60M	-21.36B	0	-1.71B	-9.79B	-290.90M	1.02B
Sale/maturity of investments	1.49B	—	—	762.70M	0	0	—	—	0	1.03B
Purchase of investments	—	-55.40M	-733.20M	-5.10M	-21.36B	0	-1.71B	-9.79B	-290.90M	-7.70M
Other investing cash flow items, total	927.30M	-188.90M	-321.80M	-219.10M	-4.40B	-222.80M	-115.00M	379.00M	0	-2.45B
Issuance/retirement of debt, net	3.84B	714.20M	1.06B	222.30M	5.81B	-7.91B	-1.93B	-1.62B	781.30M	2.96B
Issuance/retirement of long term debt	3.10B	1.05B	891.20M	222.30M	-1.35B	-954.30M	-2.13B	-1.33B	639.80M	2.93B
Issuance/retirement of short term debt	744.90M	-336.10M	173.10M	0	7.15B	-6.96B	202.80M	-289.50M	141.50M	23.00M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	-970.10M	-1.46B
Other financing cash flow items, total	0	0	0	0	0	0	0	0	9.90M	0

Particulars	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Interest expense on debt	-677.50M	-996.80M	-993.70M	-1.01B	-832.40M	-1.79B	-1.01B	-838.60M	-887.40M	-2.17B
Pretax equity in earnings	0	0	0	0	0	—	0	0	0	0
Equity in earnings	0	0	0	0	460.80M	-230.50M	0	0	0	0
Total assets	30.45B	31.60B	33.14B	33.66B	39.74B	85.44B	91.89B	101.02B	120.00B	152.14B
Total current assets	2.90B	3.49B	4.54B	4.47B	29.12B	11.21B	9.97B	19.40B	17.03B	15.89B
Cash and short term investments	131.30M	227.50M	899.70M	116.40M	23.02B	6.53B	4.99B	14.68B	10.99B	6.82B
Cash & equivalents	131.30M	227.50M	899.70M	116.40M	1.19B	6.53B	3.27B	1.36B	10.99B	6.82B
Short term investments	0	0	0	0	21.82B	2.00M	1.72B	13.32B	0	0
Total receivables, net	2.33B	2.74B	3.11B	3.90B	5.66B	3.94B	4.13B	3.67B	5.04B	7.56B
Accounts receivable - trade, net	2.20B	2.46B	2.90B	3.74B	1.08B	3.88B	4.10B	3.66B	4.97B	7.36B
Other receivables	123.10M	286.70M	209.10M	152.70M	4.58B	57.30M	30.40M	3.60M	73.80M	200.10M
Total inventory	232.20M	231.20M	282.70M	260.10M	268.00M	538.00M	613.60M	762.30M	798.40M	1.06B
Other current assets, total	95.80M	119.60M	108.00M	93.40M	141.30M	100.50M	85.60M	184.10M	68.30M	171.50M
Total non-current assets	27.55B	28.11B	28.60B	29.18B	10.61B	74.23B	81.92B	81.62B	102.97B	136.25B
Long term investments	859.90M	2.66B	3.51B	3.76B	53.00M	2.85B	3.57B	2.46B	3.10B	4.82B
Note receivable - long term	859.70M	2.66B	3.51B	3.75B	28.40M	2.82B	2.81B	2.41B	2.38B	4.72B
Investments in unconsolidated subsidiaries	0	0	—	0	0	0	0	0	0	0
Other investments	200.00K	200.00K	0	10.40M	24.60M	29.20M	760.40M	48.60M	714.50M	102.00M
Net property/plant/equipment	10.03B	10.37B	10.35B	10.59B	3.20B	18.06B	21.67B	23.44B	38.25B	64.96B
Gross property/plant/equipment	10.75B	11.84B	12.22B	13.53B	6.77B	22.63B	27.26B	30.10B	46.82B	79.44B
Deferred tax assets	—	186.80M	172.10M	110.80M	0	9.80M	0	—	—	280.40M
Net intangible assets	13.05B	12.84B	12.70B	12.55B	5.60B	47.88B	51.10B	50.66B	55.83B	60.35B
Goodwill, net	2.92B	2.85B	2.85B	2.85B	4.18B	24.55B	24.55B	24.55B	29.52B	34.80B
Other intangibles, net	10.13B	9.98B	9.84B	9.70B	1.43B	23.34B	26.56B	26.11B	26.30B	25.55B
Other long term assets, total	2.38B	725.40M	928.10M	1.26B	654.50M	3.67B	3.67B	3.14B	3.62B	3.48B
Short term debt	1.54B	1.02B	1.32B	1.13B	7.54B	945.50M	1.20B	904.70M	1.16B	2.43B
Current portion of LT debt and capital leases	332.20M	151.70M	275.90M	390.10M	266.90M	403.00M	225.10M	222.30M	551.60M	875.00M
Short term debt excl. current portion of LT debt	1.21B	870.50M	1.04B	736.80M	7.27B	542.50M	972.40M	682.40M	612.90M	1.55B
Accounts payable	2.17B	2.14B	2.65B	2.92B	1.80B	4.36B	4.44B	5.43B	6.77B	8.08B
Income tax payable	—	9.90M	—	400.00K	0	500.00K	0	26.80M	1.00M	1.00M
Long term debt	6.49B	7.72B	8.49B	8.90B	1.21B	12.38B	10.19B	8.18B	13.96B	27.68B
Long term debt excl. lease liabilities	6.28B	7.68B	8.46B	8.89B	1.21B	12.38B	10.19B	8.18B	13.96B	27.68B
Total equity	11.28B	11.19B	10.31B	9.63B	25.53B	56.39B	62.82B	74.10B	84.08B	93.81B
Shareholders' equity	11.28B	11.19B	10.31B	9.63B	25.53B	56.39B	62.82B	74.10B	84.08B	93.81B
Common equity, total	11.28B	11.19B	10.31B	9.63B	25.53B	56.39B	62.82B	74.10B	84.08B	93.81B
Other common equity	-168.90M	-733.30M	-1.33B	-2.00B	0	265.10M	275.50M	465.30M	659.80M	1.14B
Total debt	8.03B	8.74B	9.81B	10.03B	8.75B	13.33B	11.39B	9.08B	15.12B	30.10B
Net debt	7.90B	8.51B	8.91B	9.91B	-14.27B	6.80B	6.39B	-5.60B	4.13B	23.28B
Change in accounts receivable	-2.69B	-580.10M	-616.50M	-778.00M	-314.30M	560.60M	29.10M	647.40M	-1.09B	-2.09B
Change in taxes payable	—	—	—	—	—	—	—	—	—	—
Change in accounts payable	5.40B	644.30M	1.13B	281.20M	-118.90M	-4.78B	-447.80M	987.40M	-401.30M	814.70M
Change in other assets/liabilities	59.30M	23.50M	78.20M	-7.10M	165.20M	283.40M	-811.10M	-679.80M	-161.70M	223.90M
Sale of fixed assets & businesses	27.60M	—	—	0	0	16.20M	51.70M	39.20M	63.40M	64.10M
Purchase/sale of investments, net	1.49B	-55.40M	-733.20M	757.60M	-21.36B	0	-1.71B	-9.79B	-290.90M	1.02B
Sale/maturity of investments	1.49B	—	—	762.70M	0	0	—	—	0	1.03B
Purchase of investments	—	-55.40M	-733.20M	-5.10M	-21.36B	0	-1.71B	-9.79B	-290.90M	-7.70M
Other investing cash flow items, total	927.30M	-188.90M	-321.80M	-219.10M	-4.40B	-222.80M	-115.00M	379.00M	0	-2.45B
Issuance/retirement of debt, net	3.84B	714.20M	1.06B	222.30M	5.81B	-7.91B	-1.93B	-1.62B	781.30M	2.96B
Issuance/retirement of long term debt	3.10B	1.05B	891.20M	222.30M	-1.35B	-954.30M	-2.13B	-1.33B	639.80M	2.93B
Issuance/retirement of short term debt	744.90M	-336.10M	173.10M	0	7.15B	-6.96B	202.80M	-289.50M	141.50M	23.00M
Issuance/retirement of other debt	—	—	—	—	—	—	—	—	—	—
Total cash dividends paid	0	0	0	0	0	0	0	0	-970.10M	-1.46B
Other financing cash flow items, total	0	0	0	0	0	0	0	0	9.90M	0