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Max India Limited (MAXIND) Fair Value & Analysis

Healthcare · IN · Market cap ₹8.3B

MI Max India Limited MAXIND · NSE
Price₹158.64
Fair Value₹22.75
Upside-85.7%
Quality42/100
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Evidence: Low Range ₹15.01 – ₹28.43

Fair value as of: Jul 3, 2026

From 1 valuation models · updated today

Share price +0.1% over the past month.

Price vs Fair Value (12 months)

₹222.82 ₹122.14 Fair Value ₹22.75 Jul 2025 Jul 2026

12‑month range ₹122.14 – ₹222.82 · fair‑value band ₹15.01 – ₹28.43 · the ₹158.64 price screens above the ₹22.75 fair value. As of Jul 3, 2026.

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Analysis

Max India Limited (MAXIND) currently trades at ₹158.64, while our model-based Fair Value estimate is ₹22.75 — implying the stock looks roughly 85.7% overvalued today. We read business quality at 42/100 (below-average quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, Max India Limited generated revenue of ₹2.1B at a net margin of -57.1%. Revenue grew 67.4% year over year. It earns a return on equity of -31.8%. Net debt stands at ₹191M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹2.1B
Revenue growth (YoY) +67.4%
Net margin -57.1%
Return on equity -31.8%
Free cash flow −₹1.4B FY2026
Operating margin 0.5%
More key figures
EPS (TTM) ₹-23.85
Net debt ₹191M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Max India Limited provides services related to senior living communities in India. It operates through four segments: Business Investments, Senior Living, Assisted Care, and Others. The company engages in the treasury investments and investment property businesses. It also offers senior living services. In addition, the company caters to the seniors by providing care at home services and care homes facilities, as well as offers Antara AGEasy, which is a new-age holistic direct to consumer platform that helps seniors manage common chronic conditions. Further, it offers daily living/specialized care/memory care services for seniors; and management and consultancy and shared services, as well as MedCare products. Additionally, the company engages in the learning and development activities; construction and leasing of senior living communities; and management of investments activities. The company was formerly known as Advaita Allied Health Services Limited. Max India Limited was …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Max India Limited reported revenue of ₹1.9B in FY2026 versus ₹1.7B in FY2022, a compound +3.0%/yr. Reported net income was −₹1.2B in FY2026.

Revenue +3.0%/yr
FY22 ₹1.7B
FY23 ₹2.1B
FY24 ₹1.6B
FY25 ₹1.5B
FY26 ₹1.9B
Net income
FY22 −₹161M
FY23 −₹104M
FY24 −₹564M
FY25 −₹1.4B
FY26 −₹1.2B

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Frequently asked questions

Is Max India Limited (MAXIND) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹22.75 versus a price of ₹158.64 — about −86% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MAXIND?
Our model-based fair value for Max India Limited is ₹22.75 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹158.64.
What is the quality score of MAXIND?
Max India Limited has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Max India Limited (MAXIND)?
Max India Limited reported trailing-twelve-month revenue of about ₹2.1B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MAXIND?
The net profit margin of Max India Limited is about -57.1%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.