Added to YB: 2026-03-26
Pitch date: 2026-01-27
MAXHEALTH.NS [bullish]
Max Healthcare Institute Limited
+2.14%
current return
Author Info
No bio for this author
Company Info
Max Healthcare Institute Limited provides medical and healthcare services in India. It offers services in various specialties, including cardiac sciences, orthopedics, oncology, renal sciences, neurosciences, minimal access and general surgery, pulmonology, obstetrics, gynecology, pediatrics, and nephrology, liver and biliary sciences, gastroenterology and Gi surgery, plastic and reconstructive surgery, and organ transplants, as well as ear, nose, and throat.
Market Cap
INR 930.7B
Pitch Price
INR 965.00
Price Target
1.6K (+62%)
Dividend
0.16%
EV/EBITDA
43.83
P/E
65.81
EV/Sales
11.77
Sector
Health Care Providers and Services
Category
growth
Max Healthcare Institute Limited - $MAXHEALTH.NS
MAXHEALTH.NS: India's 5th largest hospital chain (4.5k beds) in prime Delhi/Mumbai locations. ~25-30% organic rev/earnings CAGR next 5yrs as capacity doubles to 10-11k beds (brownfield expansion at max occupancy sites). 25-30% EBITDA margin, >20% ROIC, >25% FCF margin, >25% IRR on new hospitals. M&A adds 2-3 hospitals/2yrs at >30% IRR. CEO owns >20%. Target INR2300 (>100% upside/3yrs) at 27x EV/EBITDA on FY2029, DCF fair value INR1600 (+60%/1yr). Risk: margin dilution during ramp-up, price controls.
Read full article (4 min)