Max Healthcare Institute Limited has informed the Exchange regarding Change in Auditors of the company.
MAXHEALTH · price
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Max Healthcare held its board meeting on May 21, 2026, approving audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. Consolidated revenue from operations stood at Rs 2,14,289 lakhs for Q4 and Rs 8,37,345 lakhs for the full year, with profit after tax of Rs 14,424 lakhs for FY26. The board recommended a final dividend of Rs 2 per equity share (20% of face value). Other key decisions included approving construction of a ~712-bed super specialty hospital in Lucknow at Shaheed Path, re-classification of Radiant Life Care Hospital Foundation from Promoter Group to Public category, shifting the registered office from Mumbai to Gurugram, and re-appointment of Mr. Anil Kumar Bhatnagar as Non-Executive Non-Independent Director for 3 years. S.R. Batliboi & Co. LLP continues as statutory auditors with unmodified opinion.
The strong financial performance with 19% revenue growth YoY and the new hospital construction approval are positive signals for shareholders. The dividend and expansion plans indicate healthy cash flows and growth momentum. However, the re-classification of a promoter entity to public may slightly dilute promoter holding perception.