Max Healthcare Institute Limited
Max Healthcare Institute Limited is primarily engaged in the providing healthcare services through primary care clinics, multi-speciality hospitals / medical centres and super-speciality hospitals providing operation and management, medical services, clinical, radiology, pathology services and related healthcare services.
What Max files
- Others76
- Investor Meet39
- Updates33
- Important32
- Board Meeting10
- PPTs7
Max Healthcare Institute Limited has successfully infused ₹87.87 Cr into its subsidiary, Kalinga Hospital Ltd., via a rights issue. This subscription resulted in the allotment of 50,21,212 equity shares, increasing the company's stake from ~58.28% to ~66.15% and strengthening its consolidated market position.
Max Healthcare opened a new 400-bed tower at Max Smart Super Speciality Hospital, Saket. This expansion boosts its capacity to ~1,200 beds, making it Delhi's largest private hospital. The facility integrates advanced medical technologies, signaling significant operational growth and enhanced patient care capabilities.
Max Healthcare's subsidiary received a show cause notice from tax authorities for alleged GST non-payment. This includes a demand of ₹55.24 Cr, plus two separate penalties of ₹55.24 Cr each, and interest. Management is challenging the notice.
Max Healthcare (MAXHEALTH) received an ESG rating upgrade from CRISIL, now at CRISIL ESG 68 ('Strong') from 63. Its core ESG rating also improved. This upgrade reflects enhanced environmental, social, and governance performance.
Max Healthcare Q1 revenue rose 16% to ₹ 2,982 Cr, with EBITDA up 15% to ₹ 704 Cr and PAT 3% to ₹ 357 Cr. The company acquired Kalinga Hospital (250 beds) and YPPL for a 450-bed Pune hospital. The board approved ₹ 425 Cr capex for 202 new beds...