Max India logo

Max India share price

NSE: MAXINDBSE: 543223FinanceSmall Cap

Last close ₹149.15down ₹0.94 (0.63%)BSE ₹146.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹150.09.

52-week range of traded prices to 23 Oct 2026
₹120.00Low, 30 Mar 2026₹220.00High, 23 Oct 2025
Market cap
₹840 Cr1,580th largest listed
P/E
Lossover the last 12 months
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
−34.5%
ROCE
−33.8%
Debt to equity
0.00
Volume, NSE
54,63550.5% delivered

Share price

Daily closes since Aug 2020, adjusted for splits and bonuses

−31.1%over a year

Results20-session average 85,828 shares a day, 52.2% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹60 Crdown 8.97%
Net profit
−₹36 CrQuarter to Mar 2026: −₹19 Cr
Net margin
−60.7%

Revenue by year

Peak revenue ₹230 Cr, year to Mar 2022

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 6 of the 6 years shown
₹ croreSep 2024Filed 7 NovDec 2024Filed 6 FebMar 2025Filed 13 JunJun 2025Filed 5 AugSep 2025Filed 13 NovDec 2025Filed 10 FebMar 2026Filed 28 MayJun 2026Filed 11 Aug
Revenue42.834.741.536.745.243.165.659.7
Net profit−22.7−44.6−46.1−25.6−34.1−42.9−19.3−36.3
Net margin−53.1%−128.4%−111.0%−69.9%−75.4%−99.4%−29.4%−60.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Assisted Care₹108 Crup 73.51%56.2%
  • Senior Living₹73 Crup 10.10%38.1%
  • Business Investments₹11 Crdown 43.13%5.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−33.4%––0.0%
3 years+14.7%––0.0%
5 years+13.9%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters48.22%
  • Foreign institutions6.89%
  • Indian institutions4.94%
  • Individuals and others39.95%
Holder
MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITEDPromoter39.90%
SIVA FINVEST PRIVATE LIMITEDPromoter6.35%
SINGULARITY EQUITY FUND IAlternative investment funds4.08%
HABROK INDIA MASTER LPForeign portfolio investors, category I3.17%
CASSINI PARTNERS, L.P. MANAGED BY HABROK CAPITAL MANAGEMENT LLPForeign portfolio investors, category I2.59%
ANALJIT SINGHPromoter1.84%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Holding Company, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Max India in market cap.

Max India is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Rane Holdings logoRane HoldingsRANEHOLDIN2,04424.21.86.5+25.8%–7.5%9.9%3.28%
BF Investment logoBF InvestmentBFINVEST1,4463.70.213.3+22.7%+398.7%5.0%0.8%2.60%
Balmer Lawrie Investments logoBalmer Lawrie InvestmentsBLIL1,3857.71.02.2+8.8%+2.4%12.7%12.7%6.89%
Abans Financial Services logoAbans Financial ServicesAFSL1,0298.00.85.6+427.8%+17.1%11.0%9.7%0.00%
GFL logoGFLGFLLIMITED5839.60.2380.6+10.6%–2.4%0.1%0.00%
Nisus Finance Services Co logoNisus Finance Services CoNISUS3655.61.4–––30.8%–0.00%
Tamboli Industries logoTamboli IndustriesTAMBOLIIN30328.52.516.2+14.9%+39.9%9.0%10.6%0.39%
Alan Scott Enterprises logoAlan Scott EnterprisesALANSCOTT198–––+4.6%––−20.9%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Max India share price by year

Each calendar year to 2025.Max India share price history

YearClose at year endChangeHighest closeLowest close
2025184.38−32.1%278.25171.00
2024271.62+66.4%329.60184.10
2023163.20+56.8%183.8576.85
2022104.10+39.3%105.7067.85
202174.75+20.3%80.9560.25
202062.15–76.0050.55
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2020 is from its first session, 28 Aug 2020.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026147.20151.90143.35149.15147.9654,63550.5%
22 Oct 2026152.46152.47147.13150.09150.0223,64158.5%
21 Oct 2026153.54155.77149.04152.46152.2524,11848.3%
19 Oct 2026157.40158.14152.41155.55155.1619,64251.9%
16 Oct 2026158.61161.00156.25158.20159.0435,80138.7%
15 Oct 2026159.23162.93154.12155.40157.1430,78347.8%
14 Oct 2026163.00163.78158.15159.23161.3430,67641.1%
13 Oct 2026155.00169.00153.01162.96163.962,74,50220.2%
12 Oct 2026153.05158.80153.05155.67155.1931,29059.6%
9 Oct 2026158.00160.09153.00154.73155.4630,08346.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue history

Ex-dateEventPrice factorWhat happened
29 Apr 2025Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Max India Limited
NSE symbol
MAXIND
BSE code
543223
ISIN
INE0CG601016
Industry
Finance
Listed
Aug 2020
Face value
₹10
CIN
L85100MH2015PLC330122
Corporate identity number, the registrar of companies' code for it