Max Healthcare Institute Limited reported a robust performance for the fiscal year ending March 31, 2026, with consolidated revenue reaching ₹8,37,345 lakhs. The company announced a final dividend of ₹2 per share. Additionally, the board approved the construction of a new 712-bed hospital in Lucknow, reflecting a ₹1,400 crore investment, and confirmed the acquisition of a controlling stake in Kalinga Hospitals Limited, marking a strategic expansion into Eastern India.
Annual Financial Highlights
Max Healthcare has delivered impressive financial results for the full fiscal year 2026. The consolidated revenue from operations grew to ₹8,37,345 lakhs, compared to ₹7,02,846 lakhs in the previous year. Profit for the year stood at ₹1,44,241 lakhs, demonstrating strong operational efficiency and growth. Recognizing the company’s success, the board recommended a final dividend of ₹2 per equity share, representing 20% of the face value of ₹10 each.
Strategic Hospital Expansion
In a significant move to address rising healthcare demands, the company has approved the construction of Phase-I of the Max Super Specialty Hospital in Lucknow. This project involves a 5-acre land parcel and will add a capacity of approximately 712 beds. The total investment for this project is estimated at ₹1,400 crore, with completion expected within 36 months of design approval.
Growth Through Strategic Acquisition
Max Healthcare continues its growth trajectory with the acquisition of a controlling stake in Kalinga Hospitals Limited. The company acquired a 58.28% equity stake for an aggregate consideration of ₹29,797 lakhs. This move integrates a 250-bed NABH-accredited facility in Bhubaneswar into the Max network, significantly broadening the company’s operational footprint into Eastern India.
Corporate Governance Updates
During the board meeting, the company also confirmed the re-appointment of Mr. Anil Kumar Bhatnagar as a Non-Executive and Non-Independent Director for a further three-year term ending September 30, 2029. Furthermore, the company received approval to shift its registered office from the State of Maharashtra to the State of Haryana, centralizing administrative functions near its key operations.
Source: BSE
