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MAXHEALTHBSEMax Healthcare Institute Ltd· Healthcare ServicesHighNeutral
Announced Thu, 21 May, 2026 · 16:31 IST

Outcome of Board Meeting held on May 21, 2026

Profit growth above 25%Exceptional itemRelated-party transactionsResults 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.

Price reactionminutes from the announcement price · days from the prior close
-6.4%Reaction day
₹1093.15
prior close
₹1068.25
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.3%-6.7% vs market
Hospital peers, median of 24sector+0.2%-6.7% vs sector

On the reaction day the stock moved 6.7 pts less than Nifty 100 and 6.7 pts less than its Hospital peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-2.7
10m
-3.9
15m
-4.7
30m
-4.6
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-6.4+0.3-6.7+0.2-6.7
Next day
-8.5+1.6-10.1+0.6-9.1
2d
-9.2+1.3-10.4+0.4-9.6
3d
-9.0+1.5-10.5-0.5-8.4
4d
-11.7+0.0-11.8+0.6-12.4
5d
-13.7-0.8-12.9-0.2-13.5
1w
-11.7-0.8-11.0+0.7-12.4
15d
-5.8+1.3-7.0-0.2-5.5
1m
-0.0+2.5-2.5+3.0-3.0
2m
-1.1+1.9-3.0+2.7-3.8
3m
-9.4+3.1-12.5+5.6-15.0
UpDownMarket · Nifty 100Sector · Hospital peers, median of 24Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.