MAXHEALTHNSEMax Healthcare Institute LimitedHighNeutral
Announced Tue, 20 May · 15:07 IST

Max Healthcare Institute Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

MAXHEALTH · price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Max Healthcare's board approved audited financial results for FY25, with consolidated revenue from operations rising to ₹7,02,846 lakhs (up from ₹5,40,602 lakhs in FY24) and net profit at ₹1,07,588 lakhs versus ₹1,05,764 lakhs. A final dividend of ₹1.5 per share (15% of face value) was recommended. Statutory auditor Deloitte Haskins & Sells completed its 5-year term and will be replaced by S.R. Batliboi & Co. LLP for FY2025-26 to FY2029-30 — a routine rotation, not a midterm exit. The board also approved adding ~100 beds at Max Super Speciality Hospital, Nagpur, and disclosed the full acquisition of Jaypee Healthcare for ~₹625 crore. Operating cash flow was strong at ₹1,45,931 lakhs.

Likely market impact

Routine auditor rotation and clean (unmodified) audit opinion are neutral to slightly positive. Strong revenue growth (~30% YoY), steady profit, and a ₹1.5 dividend reward shareholders, while the Nagpur expansion and Jaypee integration signal continued capacity-led growth.