Max Healthcare Q1 revenue up 17% to ₹23.7B; net profit misses estimate
Max Healthcare Institute posted Q1 revenue of ₹23.7 billion, up 17% from ₹20.2 billion last year. Net profit increased slightly to ₹3.2 billion from ₹3.1 billion but fell short of the ₹4 billion analyst estimate. EBITDA grew to ₹5.98 billion, though margins dipped to 25.3% from 25.8%. The company also secured approval to set up medical colleges.
Max Healthcare Institute Sees ₹15.19 Crore Block Trade on NSE at ₹1,067.30 Per Share
Max Healthcare Institute recorded a block trade on the NSE involving approximately 1,42,335 shares at a price of ₹1,067.30 per share. The total value of the transaction stood at ₹15.19 crores. Block trades of this scale are generally associated with institutional or bulk investor activity and are closely tracked by market participants.
Max Healthcare Sees ₹77.61 Crore Block Trade on BSE at ₹1108 Per Share
A block trade worth ₹77.61 crore was executed on BSE for Max Healthcare, involving approximately 700445 shares at a price of ₹1108 per share. The transaction represents a significant institutional-level deal in the counter. The trade was carried out on the BSE platform.
Citi Maintains Buy Rating on Max Healthcare Institute with Target Price of ₹1,240
Citi has maintained a Buy rating on Max Healthcare Institute with a target price of ₹1,240, citing an attractive entry point after an 18% stock correction. The brokerage projects a 20% EBITDA CAGR through FY26–30E, driven by new capacity additions and a strong balance sheet. Revenue acceleration is expected from FY27–28, supported by capacity ramp-up, oncology recovery, and a better payer mix. A reversal in CGHS oncology pricing has been flagged as additional upside optionality.
17Jun 26
Max Healthcare Institute Records ₹20.87 Crore Block Trade on NSE at ₹1025.50 Per Share
Max Healthcare Institute recorded a block trade on the NSE involving approximately 203,520 shares at a price of ₹1025.50 per share. The total value of the transaction amounted to ₹20.87 crores. Block trades of this scale are typically associated with institutional-level transactions and are closely tracked by market participants for insights into large-volume activity.
Max Healthcare Plans Major Expansion With 3,500 New Beds Over Three Years: Conference Call Update
Max Healthcare has unveiled plans to add 3,500 new beds over a three-year period, as announced during a recent conference call update. The expansion reflects the company's strategic focus on scaling its healthcare infrastructure. No additional financial metrics or facility-specific details were included in the source data.
22May 26
Max Healthcare Institute Records ₹32.88 Crore Block Trade on NSE at ₹1026.50 Per Share
Max Healthcare Institute recorded a block trade on the NSE valued at ₹32.88 crores, involving approximately 320,314 shares at a price of ₹1026.50 per share. Such large-lot transactions are typically associated with institutional participation and are executed to minimise market impact. The trade highlights notable activity in the Max Healthcare Institute counter on the NSE.
HSBC Maintains Buy Rating on Max Healthcare Institute with ₹1,125 Target Price
HSBC maintains Buy rating on Max Healthcare Institute with ₹1,125 target price for Q4FY26. The brokerage expects steady performance driven by pickup in elective procedures, continued capex-led expansion, and sustained healthy operating trends across hospital business, with manageable new unit margin drag.
17Apr 26
Max Healthcare Revises Expansion: 1,200 Beds by FY27 for 6,500 Total Capacity
Max Healthcare Institute has updated its expansion strategy with Co MD announcing plans to add 1,200 hospital beds by FY27, aiming for total capacity of approximately 6,500 beds. This represents a more measured approach compared to the chairman's earlier announcement of exceeding 10,000 beds within 24 months, indicating strategic recalibration toward sustainable growth targets.
Max Healthcare Institute Executes Rs. 61.00 Crore Block Trade on NSE
Max Healthcare Institute Limited completed a significant NSE block trade worth Rs. 61.00 crores, involving approximately 640,842 shares at Rs. 951.80 per share. The transaction represents substantial institutional activity and demonstrates continued investor interest in the healthcare company's stock through large-volume trading mechanisms.
09Apr 26
Goldman Sachs Maintains Buy Rating on Max Healthcare with ₹1,300 Target Price
Goldman Sachs maintains its Buy rating on Max Healthcare Institute with a ₹1,300 target price, citing growth potential from strategic market expansion. The investment bank highlighted the company's entry into the underserved Bhubaneswar market, limited local competition within 5km radius, and strategic location selection as key growth drivers. Goldman Sachs emphasized that Max Healthcare's acquisition-led expansion strategy supports long-term growth visibility and strengthens the company's market positioning.
08Apr 26
Max Healthcare Institute Executes Rs. 49.05 Crore Block Trade on NSE
Max Healthcare Institute Ltd. completed a block trade worth Rs. 49.05 crores on NSE, involving approximately 518,926 shares at Rs. 945.15 per share. The transaction represents significant institutional activity and demonstrates substantial liquidity in the company's shares.
Max Healthcare Institute Executes Rs. 16.16 Crore Block Trade on NSE
Max Healthcare Institute Limited completed a block trade on NSE valued at Rs. 16.16 crores for approximately 177,616 shares at Rs. 910.00 per share. The transaction demonstrates institutional investor participation and represents significant trading activity in the healthcare sector, typically reflecting portfolio adjustments or strategic investment decisions by large market participants.
Max Healthcare Institute Executes Rs. 20.43 Crore Block Trade on NSE
Max Healthcare Institute Ltd. completed a major NSE block trade involving 212,594 shares at Rs. 961.10 per share, generating Rs. 20.43 crores in transaction value. The block trade represents significant institutional trading activity and demonstrates market confidence in the healthcare provider at the current valuation levels.
23Mar 26
HSBC Upgrades Max Healthcare Institute to Buy with Target Price of Rs 1125
HSBC has upgraded Max Healthcare Institute to Buy rating with target price increased to Rs 1125 from Rs 1060. The upgrade is driven by strong growth visibility with 28.5% EPS CAGR projected for FY26-28, supported by 43% capacity addition of 2,240 beds through largely brownfield expansion. Scale benefits, ramp-up of Noida and Dwarka hospitals, and CGHS-driven occupancy are expected to offset near-term operational challenges.
18Mar 26
Jefferies Maintains Buy Rating on Max Healthcare with Rs 1,320 Target Price
Jefferies maintains Buy rating on Max Healthcare Institute with Rs 1,320 target price, citing resolution of December quarter one-off issues and expansion plans remaining on track. The brokerage noted that Delhi-NCR capacity addition is not a concern and highlighted the company's openness to selective acquisitions for market strengthening and expansion.
Macquarie Raises Max Healthcare Institute Target Price to ₹825, Maintains Underperform Rating
Macquarie has raised its target price for Max Healthcare Institute to ₹825 from ₹615, representing a 34% increase, while maintaining its Underperform rating. This revision reflects improved valuation metrics despite ongoing concerns about the stock's relative market performance.
Max Healthcare Institute Shares: Major Block Trade Worth ₹55.26 Crore on NSE
A substantial block trade of 485,998 shares of Max Healthcare Institute Ltd. occurred on the National Stock Exchange (NSE) at a price of ₹1,137.00 per share, totaling ₹55.26 crore. This significant transaction suggests a notable shift in ownership for the company, which is a prominent player in India's healthcare sector. The identities of the buyer and seller were not disclosed.
Max Healthcare Institute: Q4 Profit Surges 21%, Dividend Announced
Max Healthcare Institute has reported strong Q4 results with a 21% increase in profit after tax to ₹376.00 crore and a 29% growth in network gross revenue to ₹2,429.00 crore. The company announced a final dividend of ₹1.50 per share. Strategic expansion plans include land acquisition for hospital expansion and upcoming operations in three new brownfield towers.
15May 25
Max Healthcare Institute Shares See Significant Block Trade on NSE
A significant block trade of 449,617 shares of Max Healthcare Institute Ltd. was executed on the National Stock Exchange at ₹1,197.00 per share, totaling ₹53.82 crore. This large transaction suggests potential institutional activity or strategic moves by major investors, and could impact market sentiment, ownership structure, and demonstrate stock liquidity.
07May 25
Max Healthcare Refutes Reports of Bidding for Sahyadri Hospital
Max Healthcare Institute Ltd. (MHIL) has officially denied involvement in any bidding process for the acquisition of Sahyadri Hospital, countering recent media reports. The company issued a clarification to address speculation and ensure accurate information is available to stakeholders and the public.
06May 25
Max Healthcare Refutes Reports of Bidding for Sahyadri Hospital
Max Healthcare Institute Ltd (MHIL) has issued a clarification denying recent media reports about its alleged involvement in the acquisition of Sahyadri Hospital. The company explicitly stated that it is not participating in any bidding process for the acquisition, aiming to dispel rumors and provide transparency to stakeholders.
06May 25
Max Healthcare Institute Sees Significant Block Trade on NSE
A block trade of 207,749 shares of Max Healthcare Institute Ltd. was executed on the NSE at Rs. 1,165.80 per share, totaling Rs. 24.22 crores. This transaction indicates potential institutional investor activity or changes in major shareholdings, though the identities of the buyer and seller remain undisclosed.
29Apr 25
Max Healthcare Institute Unveils Ambitious Rs 6,000 Crore Expansion Plan
Max Healthcare Institute has announced plans to invest Rs 6,000 crore by 2028 to add 3,700 new beds across India. The expansion will increase their network from 22 to approximately 30 hospitals, with new facilities in Dwarka, Mohali, Mumbai, and Saket. The investment will be entirely funded through internal profit reinvestment, showcasing the company's strong financial position. This expansion is expected to increase healthcare accessibility, create jobs, and enhance India's overall healthcare infrastructure.