Outcome of Board Meeting held on May 21, 2026
MAXHEALTH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Max Healthcare approved audited Q4 and FY26 results with strong performance. Consolidated revenue grew 19% to ₹8,37,345 lakhs while consolidated PAT jumped 34% to ₹1,44,241 lakhs versus prior year. Standalone PAT stood at ₹71,661 lakhs. EPS (consolidated annual) improved to ₹14.83 from ₹11.07. Auditors S.R. Batliboi & Co. LLP issued an unmodified (clean) opinion. Exceptional items of ₹4,824 lakhs include ₹3,390 lakhs impact of new Labour Codes and ₹1,434 lakhs stamp duty provision. A tax benefit of ₹14,148 lakhs from the CRL-JHL merger was recognized. Board recommended dividend of ₹2 per share. Other approvals include construction of a ~712-bed hospital in Lucknow, acquisition of Kalinga Hospitals (58.28% stake for ₹29,797 lakhs), and reclassification of Radiant Life Care Hospital Foundation from promoter to public category.
Strong earnings growth with 34% PAT increase is positive for shareholders. The clean audit opinion removes any concern about financial reporting quality. New hospital construction and acquisition signal expansion but involve significant capital deployment.