Max IndiaNSE:MAXIND +0.20%66 Quick Ratio is 2.26 as of Mar. 2026, which is 3% above its 10-year median of 2.19. GuruFocus rates NSE:MAXIND with a GF Score™ of 66/100 and a GF Value™ of ₹205.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 681 Healthcare Providers & Services companies, Max India ranks better than 71.95% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Max India's quick ratio for the quarter that ended in Mar. 2026 was 2.26.
Max India has a quick ratio of 2.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Max India's Quick Ratio or its related term are showing as below:
NSE:MAXIND'
s Quick Ratio Range Over the Past 10 Years
Min: 0.13 Med: 2.19 Max: 3.67
Current: 2.26
During the past 10 years, Max India's highest Quick Ratio was 3.67. The lowest was 0.13. And the median was 2.19.
NSE:MAXIND's Quick Ratio is ranked better than 71.95% of 681
companies
in the Healthcare Providers & Services industry
Industry Median: 1.32
vs NSE:MAXIND: 2.26
Max India (NSE:MAXIND) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Max India Quick Ratio Related Terms
Max India Quick Ratio Historical Data
* Premium members only.
The historical data trend for Max India's Quick Ratio 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: Quick Ratio Comparison
For the Medical Care Facilities subindustry, Max India's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Max India's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Max India's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Max India's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Quick Ratio of 2.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Max India and its competitors. This is near median its historical median of 2.19. Over the past decade, Max India's Quick Ratio has ranged from 0.13 to 3.67. According to the industry distribution chart, Max India ranks #191 out of 681 companies in the Healthcare Providers & Services industry, placing it in the top 28%.
Is Max India's Quick Ratio too high?
Max India's current Quick Ratio of 2.26 is near median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 3.67. The Healthcare Providers & Services industry median Quick Ratio is 1.32. Max India's value of 2.26 is 71.2% above this industry median. Based on the distribution chart, Max India ranks #191 out of 681 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. 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 Quick Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Max India ranks #191 out of 681 companies for Quick Ratio. This puts Max India in the upper half of its industry. The industry median Quick Ratio is 1.32. Max India's value of 2.26 is 71.2% above this benchmark. Historically, Max India's own Quick Ratio has ranged from 0.13 to 3.67 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 1.32, Max India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Healthcare Providers & Services company?
The median Quick Ratio among Healthcare Providers & Services companies is 1.32, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Max India's current Quick Ratio of 2.26 is 71.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Max India and its competitors. For the Healthcare Providers & Services industry, the median Quick Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max India's current Quick Ratio is 2.26, which is near median its own 10-year median of 2.19. 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 ₹205.38, compared to a current price of ₹158.70 — trading 22.7% below its estimated fair value. The current Quick Ratio is 2.26, which is near median its 10-year median of 2.19 and 71.2% above the Healthcare Providers & Services industry median of 1.32. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Max India (NSE:MAXIND), the current Quick Ratio is 2.26 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 ₹158.70 is trading 22.7% below its estimated GF Value™ of ₹205.38.
GuruFocus considers Max India to be Modestly Undervalued.
Key valuation signals for NSE:MAXIND:
Quick Ratio: 2.26 (near median its 10-year median of 2.19)
GF Value™: ₹205.38 vs. price of ₹158.70 (22.7% below fair value)
Industry Position: 71.2% above the Healthcare Providers & Services median (#191 of 681)
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
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