MAXHEALTHNSEMax Healthcare Institute LimitedMediumNeutral
Announced Thu, 21 May · 16:42 IST

Max Healthcare Institute Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

MAXHEALTH · price

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Price reaction · full curve 14 horizons · vs prior close
-8.5%1-day move
₹1093.15
prior close
₹1068.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.7-3.9-4.7-4.6-8.5-9.2-9.0-11.7-13.7-11.7-5.8-0.0-1.1
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AI summary

Max Healthcare approved its Q4 and FY2026 audited financial results showing strong growth. Consolidated revenue from operations grew 19.1% to ₹8,373 crore, while profit after tax rose 34.1% to ₹1,442 crore. Basic EPS for FY2026 stood at ₹14.83. The Board recommended a dividend of ₹2 per share (20% face value). Key corporate actions include approval for reclassifying Radiant Life Care Hospital Foundation from Promoter Group to Public category, construction of a new 712-bed hospital in Lucknow, and shifting the registered office from Mumbai to Gurugram. Mr. Anil Kumar Bhatnagar was reappointed as Non-Executive Non-Independent Director for 3 years. S.R. Batliboi & Co. LLP issued an unmodified opinion on the financial statements.

Likely market impact

Strong financial performance with ~34% PAT growth and shareholder-friendly dividend signals healthy fundamentals. The re-classification of promoter entity may slightly alter shareholding structure, while the new Lucknow hospital and Gurugram relocation indicate expansion plans in North India.