Max India
Max India (MAXIND) share price was ₹149.90 at the 28 Oct 2026 close; market capitalisation ₹844 Cr; sector Financial Services. The share price fell 29.2% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue rose 62.7% year on year to ₹59.7 Cr and net profit was −₹36 Cr, against −₹26 Cr a year earlier (compared with Jun 2025). Promoters held 48.22% of Max India in Sep 2026, down 1.55 percentage points from Jun 2026. Its Tapetide Score is 37/100 (Weak) as of 28 Oct 2026.
Key Fundamentals
MicrocapFinanceFinancial ServicesPrice-based figures as of 29 Oct 2026, 10:39 IST · EPS basis: Consolidated · TTM
Peer Comparison
Financial Services › Holding Company
| ₹1,654.70 | 26.09 | 2,65,093 Cr | 3.40 | 0.09% | 13.95% | 10.45% | 1,55,817 Cr | 20,637 Cr | |
| ₹10,295.00 | 12.94 | 1,14,577 Cr | 1.57 | 0.60% | 11.88% | 11.82% | 9,277 Cr | 8,993 Cr | |
| ₹727.80 | 69.71 | 16,214 Cr | 9.95 | 0.00% | 13.04% | 17.78% | 1,226 Cr | 251 Cr | |
| ₹125.86 | 19.76 | 11,913 Cr | 2.58 | 1.22% | 11.45% | 13.45% | 11,055 Cr | 711 Cr | |
| ₹113.15 | 10.41 | 10,828 Cr | 1.02 | 2.97% | 10.36% | 12.35% | 4,328 Cr | 1,111 Cr | |
| ₹1,474.10 | 24.92 | 2,105 Cr | 1.82 | 3.13% | 9.59% | 15.10% | 6,222 Cr | 127 Cr | |
| Max India (this company) | ₹150.99 | — | 850 Cr | 1.94 | 0.00% | -29.84% | -21.12% | 241 Cr | -132 Cr |
| Median 7 companies | ₹727.80 | 22.34 | 11,913 Cr | 1.94 | 0.60% | 11.45% | 12.35% | 6,222 Cr | 711 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Data confidence 94/100
Category scores
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
6- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.50%
- The company has delivered a poor sales growth of 10.6% over past five years.
- Company has a low return on equity of -23.3% over last 3 years.
- Debtor days have increased from 41.0 to 64.0 days.
- Working capital days have increased from 12.6 days to 231 days
Technical Indicators
Oscillators
Bearish
Overall
Bearish
Moving Averages
Bearish
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year Operating margin -58% · Jun 2026
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 41 | 49 | 41 | 45 | 26 | 43 | 35 | 42 | 37 | 45 | 43 | 66 | 60 |
| Expenses | 53 | 54 | 58 | 66 | 54 | 64 | 64 | 82 | 65 | 76 | 79 | 81 | 94 |
| Operating Profit | -12 | -5 | -17 | -21 | -28 | -21 | -30 | -41 | -28 | -31 | -36 | -15 | -34 |
| OPM % | -31% | -9% | -43% | -46% | -106% | -49% | -85% | -98% | -76% | -69% | -83% | -23% | -58% |
| Other Income | 6 | 6 | 5 | 5 | 6 | 5 | -8 | 4 | 13 | 5 | 4 | 6 | 9 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 3 | 3 | 3 |
| Depreciation | 2 | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | 7 |
| PBT | -10 | -2 | -17 | -20 | -27 | -22 | -44 | -45 | -25 | -36 | -41 | -19 | -36 |
| Tax % | 19% | 160% | 8% | 6% | 0% | 3% | 0% | 2% | 4% | -5% | 3% | 2% | 2% |
| Net Profit | -12 | -5 | -18 | -22 | -27 | -23 | -45 | -46 | -26 | -34 | -43 | -19 | -36 |
| EPS (₹) | -2.38 | -0.91 | -3.48 | -4.2 | -5.25 | -4.42 | -8.68 | -8.88 | -4.91 | -6.52 | -8.17 | -3.67 | -6.91 |
Profit & Loss
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 213 | 128 | 233 | 212 | 191 | 163 | 211 | 214 |
| Expenses | 266 | 150 | 233 | 202 | 229 | 264 | 299 | 330 |
| Operating Profit | -53 | -22 | 1 | 10 | -38 | -101 | -88 | -116 |
| OPM % | -25% | -17% | 0.3% | 4.8% | -20% | -62% | -42% | -54% |
| Other Income | 325 | -7 | -1 | 1 | 4 | -11 | 6 | 24 |
| Interest | 27 | 24 | 10 | 6 | 5 | 8 | 14 | 13 |
| Depreciation | 8 | 10 | 7 | 8 | 10 | 19 | 25 | 27 |
| PBT | 237 | -64 | -18 | -3 | -49 | -139 | -121 | -132 |
| Tax % | 2% | -17% | -11% | 245% | 15% | 1% | 1% | — |
| Net Profit | 232 | -53 | -16 | -10 | -56 | -140 | -122 | -132 |
| EPS (₹) | 29,706 | -8.3 | -2.52 | -2.03 | -10.97 | -27.05 | -23.2 | -25.27 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 54 | 54 | 54 | 43 | 43 | 44 | 53 |
| Reserves | 652 | 599 | 588 | 499 | 449 | 315 | 356 |
| Borrowings | 182 | 145 | 61 | 45 | 44 | 102 | 96 |
| Other Liabilities | 136 | 198 | 156 | 166 | 148 | 172 | 165 |
| Total Liabilities | 1,024 | 996 | 858 | 753 | 684 | 633 | 669 |
| Fixed Assets | 144 | 156 | 159 | 159 | 193 | 170 | 195 |
| CWIP | 1 | 0 | 0 | 0 | 10 | 21 | 2 |
| Investments | 414 | 334 | 178 | 83 | 63 | 53 | 34 |
| Other Assets | 465 | 506 | 522 | 511 | 418 | 389 | 438 |
| Total Assets | 1,024 | 996 | 858 | 753 | 684 | 633 | 669 |
Cash Flow
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | -19 | 73 | 66 | 69 | -102 | -128 | -95 |
| Investing | -526 | 13 | 18 | 124 | 159 | 47 | -50 |
| Financing | 557 | -73 | -94 | -119 | -29 | -13 | 148 |
| Net Cash Flow | 12 | 12 | -10 | 75 | 27 | -93 | 4 |
| Free Cash Flow | -209 | 61 | 64 | 66 | -131 | -163 | -127 |
| CFO/OP | -15 | -326 | 7,765 | 690 | 241 | 126 | 103 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 24 | 21 | 9 | 5 | 9 | 50 | 64 |
| Inventory Days | 1,682 | 6,515 | 384 | 223 | 38 | 186 | 107 |
| Days Payable | 149 | 631 | 28 | 48 | 148 | 346 | 236 |
| Cash Conversion Cycle | 1,557 | 5,906 | 365 | 180 | -100 | -111 | -65 |
| Working Capital Days | 493 | 581 | 342 | 249 | -99 | -93 | 231 |
| ROCE % | — | -4% | 0% | 1% | -8% | -24% | -23% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Max India insights
59 extracted metrics + investor summaries across FY20–FY27.
Documents
Frequently Asked Questions about Max India
What does Max India Ltd do?
Where is Max India Ltd (MAXIND) listed?
Which sector does Max India Ltd belong to?
What is the market capitalisation of Max India Ltd?
What is the 52-week high and low of Max India Ltd?
What is the Return on Equity (ROE) of Max India Ltd?
Company Information
Max India is the holding company of Max Group’s Senior Care business Antara, an integrated service provider for all senior care needs. [1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/MAXIND.md for Max India Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.