



Diversified | Small Cap
Max India Ltd, operating in the non-bank financial services sector, displays a mixed financial profile. The company shows strong solvency and liquidity, indicating a solid ability to meet its obligations. However, its profitability, growth, and coverage ratios raise concerns, reflecting challenges in generating profits and managing interest expenses. The company's efficiency is also mixed, excelling in some areas like inventory and receivables turnover but struggling with fixed asset and capital turnover. While the company exhibits financial stability, improvements in profitability and growth are essential for long-term sustainability and enhanced investor confidence. It's crucial to note that the company's recent negative profitability and revenue growth could pose risks if not addressed effectively.
Max India Ltd, operating in the non-bank financial services sector, displays a mixed financial profile. The company shows strong solvency and liquidity, indicating a solid ability to meet its obligations. However, its profitability, growth, and coverage ratios raise concerns, reflecting challenges in generating profits and managing interest expenses. The company's efficiency is also mixed, excelling in some areas like inventory and receivables turnover but struggling with fixed asset and capital turnover. While the company exhibits financial stability, improvements in profitability and growth are essential for long-term sustainability and enhanced investor confidence. It's crucial to note that the company's recent negative profitability and revenue growth could pose risks if not addressed effectively.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
-496.57
Industry Median
13.73
Small Cap Median
13.73
P/E RATIO
-6.42
P/B RATIO
1.92
Industry Median
1.16
Small Cap Median
1.10
P/S RATIO
4.09
Industry Median
16.87
Small Cap Median
16.87
Others
PEG RATIO
0.00
EV/EBITDA RATIO
-9.75
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹148.97 as on Sep 1, 2026.
The company's growth performance is mixed. While earnings per share and net income growth rates are strong, revenue and asset growth rates are negative, indicating challenges in top-line growth and asset expansion. Emphasis on recent performance through weighted average calculation provides an accurate view of current growth trends. Addressing the underlying causes of negative revenue and asset growth is essential for sustainable growth. Capitalizing on recent earnings per share and net income growth could drive future revenue expansion.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 82.03 | -9.01 | -9.91 | -14.66 | 17.18 |
| Operating Profit Growth Rate | 104.55 | 900 | -480 | -165.79 | -8.91 |
| Earnings Per Share (EPS) Growth | 69.64 | 19.44 | -440.39 | -146.58 | 14.23 |
| Asset Growth Rate | -13.86 | -12.24 | -9.16 | -7.46 | 5.69 |
| Net Income Growth Rate | 69.81 | 37.5 | -460 | -150 | 12.86 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | STEL Holdings Ltd | 8.42 | 57.91 | Overvalued | 27.00 | 10.76 | 20.00 |
| 2 | GFL Ltd | 6.50 | 13.73 | Neutral | 2.00 | 0.15 | 45.00 |
| 3 | Max India Ltd | 5.86 | -6.42 | Neutral | -110.00 | -0.30 | -122.00 |
| 4 | BF Investment Ltd | 5.41 | 5.94 | Neutral | 64.00 | 38.90 | 282.00 |
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Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 1 Technical Indicators From The 1 Hour Timeframe
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
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No Stock News Available at This Moment.
Max India Ltd (MAXIND) is an Indian holding company focused on niche segments of real estate and senior living. It is a part of the Analjit Singh-led Max Group, aiming to create value through its operating businesses Max Estates (real estate) and Antara Senior Living, along with managing strategic investments.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Max India Ltd's P/E ratio (TTM) is -496.57, compared to the industry median of 13.73 and large cap median of 13.73.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Max India Ltd's P/B ratio is 1.92, compared to the industry median of 1.16 and large cap median of 1.10.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Max India Ltd's P/S ratio is 4.09, compared to the industry median of 16.87 and large cap median of 16.87.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Max India Ltd's PEG ratio is N/A.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Max India Ltd's EV/EBITDA ratio is -9.75.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Max India Ltd's ROE is -29.83%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Max India Ltd's ROA is -16.44%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Max India Ltd's ROCE is -23%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Max India Ltd's operating margin is -57.59%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Max India Ltd's net margin is -63.87%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Max India Ltd's current ratio is 2.65.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Max India Ltd's debt-to-equity ratio is 0.23.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Max India Ltd's interest coverage ratio is -7.64.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Max India Ltd's DPS is ₹0.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Max India Ltd's EPS is 14.23.
(Source line: "Ratios as of 11 Oct 2026, based on last traded price of ₹148.97. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1985 (as Max India Limited)
Headquarters: New Delhi, Delhi
Core Offerings: Real Estate Development, Senior Living and Care, Investment Management
Stock Listing: NSE (MAXIND), BSE (543223)
Promoter: Analjit Singh / Max Group
Max India Limited was founded in 1985 by Analjit Singh. The company underwent a significant demerger in 2015, splitting its operations into three distinct listed entities: Max Financial Services (life insurance), Max Healthcare (healthcare services), and Max India (retaining remaining businesses). In 2020, Max India underwent a second demerger, where its healthcare assets were hived off into Max Healthcare Institute Ltd. The current Max India Ltd (MAXIND) houses the Group's interests in Max Estates (real estate) and Antara Senior Living, along with other legacy investments.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Real Estate (Max Estates) | Approx 80-90% | Operating Profit |
| Senior Living (Antara) | Approx 10-20% | Operating Profit |
| Other Investments | <5% | Operating Profit |
Max Estates: Focuses on commercial real estate development in Delhi-NCR, including Grade A office spaces and mixed-use projects. Aims to build high-quality, sustainable properties.
Antara Senior Living: Provides senior living communities and integrated elder care services. Operates a resort-like community in Dehradun and an urban community in Noida, offering comprehensive lifestyle and care solutions.
Investment Management: Manages other strategic investments and legacy assets of the Max Group.
Mr. Analjit Singh, Chairman Emeritus: Founder of the Max Group, a visionary leader with over three decades of experience across diverse businesses, including healthcare, financial services, and real estate. Mr. Mohit Talwar, Managing Director and Vice Chairman: Drives strategy and growth initiatives for Max India, with extensive experience in financial services and business leadership roles.
Max Estates Limited
Antara Senior Living Limited
The company underwent major demergers in 2015, separating its financial services business into Max Financial Services, and in 2020, hiving off its healthcare business into Max Healthcare Institute Ltd.
The Max India Ltd share price today is ₹148.97 on NSE (MAXIND), as of 11 Oct 2026.
As of 11 Oct 2026, Max India Ltd share price is ₹148.97, with previous close ₹148.97. Today's range is ₹148.97 to ₹148.97. The 52-week range is ₹N/A to ₹N/A.
As of today, Max India Ltd's market cap is ₹780.6 crore (Small Cap).
Max India Ltd's current P/E ratio is -496.57, compared to the DIVERSIFIED sector average of 32.
Max India Ltd's current P/B ratio is 1.92.
Max India Ltd's current dividend yield is N/A. Last dividend of ₹3.00 per share was declared on 25-May-2023.
Max India Ltd's EPS (TTM) is ₹14.23.
Max India Ltd (MAXIND) is an Indian holding company focused on niche segments of real estate and senior living. It is a part of the Analjit Singh-led Max Group, aiming to create value through its operating businesses Max Estates (real estate) and Antara Senior Living, along with managing strategic investments.
Max India Ltd is promoted by Analjit Singh / Max Group, holding 49.82% as of 11 Oct 2026.
Max India Ltd is listed on NSE (MAXIND) and BSE (543223). Its next quarterly results are expected on August 2024.