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MAXHEALTHNSEMax Healthcare Institute Limited· Healthcare ServicesHighNeutral
Announced Thu, 21 May, 2026 · 16:39 IST

Max Healthcare Institute Limited has informed the Exchange regarding change in Registered Office of the company from State of Maharashtra to State of Haryana.

Profit growth above 25%EBITDA margin expansionExceptional itemResults View source PDFExplain this filing

MAXHEALTH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-6.4%Reaction day
₹1093.15
prior close
₹1068.25
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%-6.7% vs market
Hospital peers, median of 24sector+0.2%-6.7% vs sector

On the reaction day the stock moved 6.7 pts less than Nifty 100 and 6.7 pts less than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-2.7
10m
-3.9
15m
-4.7
30m
-4.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-6.4+0.3-6.7+0.2-6.7
Next day
-8.5+1.6-10.1+0.6-9.1
2d
-9.2+1.3-10.4+0.4-9.6
3d
-9.0+1.5-10.5-0.5-8.4
4d
-11.7+0.0-11.8+0.6-12.4
5d
-13.7-0.8-12.9-0.2-13.5
1w
-11.7-0.8-11.0+0.7-12.4
15d
-5.8+1.3-7.0-0.2-5.5
1m
-0.0+2.5-2.5+3.0-3.0
2m
-1.1+1.9-3.0+2.7-3.8
3m
-9.4+3.1-12.5+5.6-15.0
UpDownMarket · Nifty 100Sector · Hospital peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Max Healthcare reported FY2026 consolidated revenue of ₹8,37,345 lakhs (up ~19.1% YoY from ₹7,02,846 lakhs) and net profit of ₹1,44,241 lakhs (up ~34% YoY from ₹1,07,588 lakhs). EBITDA margin expanded by ~130 bps to ~28.2%. The board recommended a final dividend of ₹2 per share (20% on ₹10 face value) and approved construction of a ~712-bed Phase-I hospital in Lucknow. The company also completed acquisition of a 58.28% stake in Kalinga Hospitals Limited for ₹29,797 lakhs (funded via ECB), strengthening presence in Eastern India. An exceptional charge of ₹4,824 lakhs was recorded for new labour code impact. The registered office is shifting from Mumbai (Maharashtra) to Gurugram (Haryana). Auditors S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion.

Likely market impact

Strong all-round results with ~34% PAT growth and margin expansion signal operational efficiency gains. The Kalinga acquisition and Lucknow expansion support the growth pipeline. Clean audit with no going concern issues is positive. The dividend and share buyback via ESOPs return value to shareholders.