Max IndiaNSE:MAXIND -3.94%66 Net Margin % is -29.39% 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. Among 668 Healthcare Providers & Services companies, Max India ranks worse than 87.72% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Max India's Net Income for the
three
months ended in Mar. 2026 was ₹-193 Mil. Max India's Revenue for the
three
months ended in Mar. 2026 was ₹656 Mil. Therefore, Max India's net margin for the quarter that ended in Mar. 2026 was -29.39%.
The historical rank and industry rank for Max India's Net Margin % or its related term are showing as below:
NSE:MAXIND'
s Net Margin % Range Over the Past 10 Years
Min: -96.49 Med: -38.02 Max: -5.16
Current: -63.94
NSE:MAXIND's Net Margin % is ranked worse than 87.72% of 668
companies
in the Healthcare Providers & Services industry
Industry Median: 2.885
vs NSE:MAXIND: -63.94
Max India (NSE:MAXIND) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Max India Net Margin % Related Terms
Max India Net Margin % Historical Data
* Premium members only.
The historical data trend for Max India's Net Margin % 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.
NSE:MAXIND vs HCA, THC, DVA: Net Margin % Comparison
For the Medical Care Facilities subindustry, Max India's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Max India's Net Margin % distribution charts can be found below:
* The bar in red indicates where Max India's Net Margin % falls into.
* 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 (NSE:MAXIND) has a Net Margin % of -29.39% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Max India and its competitors. According to the industry distribution chart, Max India ranks #586 out of 668 companies in the Healthcare Providers & Services industry, placing it in the top 87.7%.
Is Max India's Net Margin % too high?
Max India's current Net Margin % is -29.39%. Based on the distribution chart, Max India ranks #586 out of 668 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. 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 Net Margin % compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Max India ranks #586 out of 668 companies for Net Margin %. This places Max India in the lower half of its industry. The industry median Net Margin % is 2.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Healthcare Providers & Services company?
The median Net Margin % among Healthcare Providers & Services companies is 2.89, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Max India and its competitors. For the Healthcare Providers & Services industry, the median Net Margin % is 2.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max India's current Net Margin % is -29.39%. 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 Net Margin % is -29.39%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Max India (NSE:MAXIND), the current Net Margin % is -29.39% 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:
Net Margin %: -29.39%
GF Value™: ₹205.35 vs. price of ₹159.04 (22.6% below fair value)
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 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
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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