Max India (NSE:MAXIND) EBIT: ₹-1,072 Mil (TTM As of Mar. 2026)


NSE:MAXIND Max India Ltd NSE:MAXIND
66 GF Score
Price ₹159.04
GF Value ₹205.35
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Max India EBIT?

Max India NSE:MAXIND -3.94% 66 EBIT is ₹-1,072 Mil as of Mar. 2026. GuruFocus rates NSE:MAXIND with a GF Score™ of 66/100 and a GF Value™ of ₹205.35 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Max India's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₹-161 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-1,072 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Max India's annualized ROC % for the quarter that ended in Mar. 2026 was -15.67%. Max India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -35.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Max India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -13.02%.


Max India  (NSE:MAXIND) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Max India's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-820.8 * ( 1 - 0% )/( (0 + 5238.7)/ 1 )
=-820.8/5238.7
=-15.67 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Max India's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-644/( ( (0 + max(0, 0)) + (1828.3 + max(-591.7, 0)) )/ 1 )
=-644/( ( 0 + 1828.3 )/ 1 )
=-644/1828.3
=-35.22 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(371 + 155.2 + 408.1) - (346.8 + 0 + 1179.2)
=-591.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Max India's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1071.8/8228.821
=-13.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Max India EBIT Related Terms


Max India EBIT Historical Data

* Premium members only.

The historical data trend for Max India's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Max India EBIT Chart

Max India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -87.84 32.04 -444.73 -1,303.20 -1,071.80

Max India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -424.70 -211.40 -319.70 -379.70 -161.00

NSE:MAXIND vs HCA, THC, DVA: EBIT Comparison

For the Medical Care Facilities subindustry, Max India's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Max India EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Max India's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Max India's EV-to-EBIT falls into.


NSE:MAXIND
66GF Score
Max India Ltd NSE:MAXIND
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Max India EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,072 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹-1,072 Mil mean?
Max India (NSE:MAXIND) has a EBIT of ₹-1,072 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Max India.
Is Max India's EBIT too high?
Max India's current EBIT is ₹-1,072 Mil. Overall, Max India has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Max India's EBIT compare to HCA and THC?
Max India's EBIT of ₹-1,072 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Max India. Max India's current EBIT is ₹-1,072 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max India stock overvalued right now?
Based on GuruFocus' analysis, Max India (NSE:MAXIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹205.35, compared to a current price of ₹159.04 — trading 22.6% below its estimated fair value. The current EBIT is ₹-1,072 Mil. Max India's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Max India (NSE:MAXIND), the current EBIT is ₹-1,072 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Max India (NSE:MAXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Max India stock appears to be undervalued. The current stock price of ₹159.04 is trading 22.6% below its estimated GF Value™ of ₹205.35. GuruFocus considers Max India to be Modestly Undervalued.

Key valuation signals for NSE:MAXIND:

  • EBIT: ₹-1,072 Mil
  • GF Value™: ₹205.35 vs. price of ₹159.04 (22.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the NSE:MAXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Max India Business Description

Other Exchanges 543223:India
Address Landmark House, Plot No- 65, 3rd Floor, Sector- 44, Gurugram, HR, IND, 122003
Max India Ltd is a multi-business corporate that operates in the healthcare sector. The company provides healthcare services. Also, the company provides health insurance policies, senior-living communities, and other health-related training services. The business operates in four segments namely, Business Investments, Senior Living, Assisted Care, and Other. It derives maximum revenue from Senior Living segment.
66GF Score

Get the complete analysis for NSE:MAXIND

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹159.04
Price
₹205.35
GF Value