MAXHEALTHNSEMAX HEALTHCARE INS LTDHighPositive
Announced Thu, 13 Aug · 14:37 IST

Max Healthcare Q1 FY27: revenue up 16%, margins dip on new capacity

Mgmt Guided Margin PressurePromoter Disclosed Acquisition PlansInvestor Communications 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.

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₹1006.80
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AI summary

Max Healthcare Q1 FY27: Revenue up 16% YoY to Rs 2,982 Cr; Operating EBITDA up 15% to Rs 704 Cr; PAT Rs 357 Cr. Margin slipped to 24.8% from 26.8% QoQ on new brownfield capacity and Kalinga acquisition. Completed Kalinga Hospital (58.28% stake) and Pune land acquisitions. Board approved Rs 425 Cr capex for Vaishali tower (202 beds) and foray into medical education. Net debt rose to Rs 2,384 Cr. ARPOB up 5% YoY to Rs 81.9k. Occupancy at 75%.

Likely market impact

Solid topline growth, but margins compressed by new bed ramp-up; acquisitions lift debt yet add future bed capacity and revenue.