Max India (NSE:MAXIND) Property, Plant and Equipment: ₹1,828 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MAXIND Max India Ltd NSE:MAXIND
66 GF Score
Price ₹164.24
GF Value ₹205.18
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Max India Property, Plant and Equipment?

Max India NSE:MAXIND -1.43% 66 Property, Plant and Equipment is ₹1,828 Mil as of Mar. 2026. GuruFocus rates NSE:MAXIND with a GF Score™ of 66/100 and a GF Value™ of ₹205.18 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Max India's quarterly net PPE declined from Sep. 2025 (₹1,824 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹1,828 Mil).

Max India's annual net PPE increased from Mar. 2024 (₹1,239 Mil) to Mar. 2025 (₹1,743 Mil) and increased from Mar. 2025 (₹1,743 Mil) to Mar. 2026 (₹1,828 Mil).


Max India  (NSE:MAXIND) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Max India Property, Plant and Equipment Related Terms


Max India Property, Plant and Equipment Historical Data

* Premium members only.

The historical data trend for Max India's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Max India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 897.59 908.83 1,238.63 1,742.50 1,828.30

Max India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Property, Plant and Equipment 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 1,742.50 0.00 1,823.90 0.00 1,828.30
NSE:MAXIND
66GF Score
Max India Ltd NSE:MAXIND
Property, Plant and Equipment is just one metric. See GF Score™, valuation, warning signs, and more.
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Max India Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.

What does a Property, Plant and Equipment of ₹1,828 Mil mean?
Max India (NSE:MAXIND) has a Property, Plant and Equipment of ₹1,828 Mil as of Mar. 2026. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Max India and its competitors.
Is Max India's Property, Plant and Equipment too high?
Max India's current Property, Plant and Equipment is ₹1,828 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 Property, Plant and Equipment compare to HCA and THC?
Max India's Property, Plant and Equipment of ₹1,828 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 Property, Plant and Equipment for a Healthcare Providers & Services company?
A good Property, Plant and Equipment depends on the Healthcare Providers & Services industry context. However, Property, Plant and Equipment 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 Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Max India and its competitors. Max India's current Property, Plant and Equipment is ₹1,828 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 ₹205.18, compared to a current price of ₹164.24 — trading 20% below its estimated fair value. The current Property, Plant and Equipment is ₹1,828 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 Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Max India (NSE:MAXIND), the current Property, Plant and Equipment is ₹1,828 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 ₹164.24 is trading 20% below its estimated GF Value™ of ₹205.18. GuruFocus considers Max India to be Modestly Undervalued.

Key valuation signals for NSE:MAXIND:

  • Property, Plant and Equipment: ₹1,828 Mil
  • GF Value™: ₹205.18 vs. price of ₹164.24 (20% 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

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

₹164.24
Price
₹205.18
GF Value