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Max India Ltd: Stock Analysis & Fundamentals

Updated this week

Max India Ltd (Finance - Holding Company) — fundamental analysis, earnings data, and key metrics. ROE: -33.0%. This stock is not currently in the Nifty 500 momentum outperformers list.

Max India Ltd Key Facts

What's Happening

📊Debt increased 110% YoY — leverage rising
👔Promoter stake down 0.9% this quarter

Key Numbers

Current Price
₹166
Market Cap
870 Cr
Valuation
N/A

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Frequently Asked Questions: Max India Ltd

Based on publicly available financial data. This is educational research, not investment advice.

What were Max India Ltd's latest quarterly results?

Max India Ltd's latest quarterly results (Mar 2026) show

  • PAT Growth YoY: +58.7%
  • Revenue Growth YoY: +57.1%
  • Operating Margin: -23.0%

What is Max India Ltd's price-to-book ratio?

Max India Ltd's price-to-book ratio is 2.1x.

  • Price-to-Book (P/B): 2.1x
  • Book Value per Share: ₹78
  • Current Price: ₹166

Is Max India Ltd a fundamentally strong company?

Max India Ltd's fundamental strength based on key financial ratios

  • Return on Capital (ROCE): -23.0%

Is Max India Ltd debt free?

Max India Ltd has a debt-to-equity ratio of N/A.

  • Total Debt: ₹97 Cr

What is Max India Ltd's return on equity (ROE) and ROCE?

Max India Ltd's return ratios over recent years

  • FY2024: ROCE -8.0%
  • FY2025: ROCE -24.0%
  • FY2026: ROCE -23.0%

Is Max India Ltd's cash flow positive?

Max India Ltd's operating cash flow is negative (FY2026).

  • Cash from Operations (CFO): ₹-95 Cr
  • Free Cash Flow (FCF): ₹-145 Cr

What is Max India Ltd's dividend yield?

Max India Ltd currently does not pay a significant dividend (yield 0.00%).

  • Dividend Yield: 0.00%
  • Current Price: ₹166

Who holds Max India Ltd shares — promoters, FII, DII?

Max India Ltd's shareholding pattern (Mar 2026)

  • Promoters: 49.8%
  • FII (Foreign): 7.1%
  • DII (Domestic): 1.6%
  • Public: 41.5%

Is promoter holding increasing or decreasing in Max India Ltd?

Max India Ltd's promoter holding has decreased recently.

  • Current Promoter Holding: 49.8% (Mar 2026)
  • Previous Quarter: 49.9% (Dec 2025)
  • Change: -0.06% (decreasing — worth monitoring)

Is Max India Ltd a new momentum entry or an established outperformer?

Max India Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.

Is Max India Ltd worth studying for long term investment?

Based on quantitative research signals, here is why Max India Ltd may be worth studying

  • Currently showing mixed signals — monitor for clearer trend confirmation

What is the investment thesis for Max India Ltd?

Max India Ltd investment thesis summary:

What is the future outlook for Max India Ltd?

Max India Ltd's forward outlook based on current data signals

  • Insufficient data for a forward assessment — monitoring for more signals

The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.