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Max Healthcare Institute Ltd Reports 3% Increase in Network Profit After Tax for Q4 FY26

Max Healthcare Institute Ltd, a leading healthcare provider, has announced a 3 per cent increase in network profit after tax (PAT) to Rs 387 crore for the fourth quarter ended March 31, 2026. This growth is a significant milestone for the company, which had posted a network PAT of Rs 376 crore in the corresponding quarter of the previous fiscal.

The company's gross revenue for the fourth quarter stood at Rs 2,664 crore, representing a 10 per cent growth over the same period of the previous fiscal. Additionally, bed occupancy for the quarter was at 75 per cent, with occupied bed days (OBDs) up by 8 per cent year-over-year (YoY). The average revenue per occupied bed (ARPOB) for Q4 FY26 stood at Rs 77,900 compared to Rs 77,100 in Q4 FY25.

The board of directors has recommended a final dividend of Rs 2 per equity share of face value of Rs 10 for 2025-26. For the financial year ended March 31, 2026, the network gross revenue stood at Rs 10,538 crore, while network PAT after exceptional items stood at Rs 1,631 crore in FY26, compared to Rs 1,336 crore in FY25, representing a 22 per cent increase.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Max Healthcare Institute Ltd's CMD, Abhay Soi, highlighted the company's achievement of delivering its 22nd consecutive quarter of year-on-year growth, with revenue increasing by 10 per cent. The company has also commenced phased commissioning and ramp-up of brownfield expansions across Mohali, Mumbai, and Delhi, representing approximately 20 per cent capacity addition.

FYNetwork Gross Revenue (Rs crore)Network PAT after Exceptional Items (Rs crore)
FY258,5561,336
FY2610,5381,631

The company is looking to augment its capacity by another 10 per cent with the commissioning of the greenfield Gurgaon facility by the end of the year. Max Healthcare Institute Ltd has also announced an investment of Rs 1,400 crore for the construction of a 712-bed greenfield hospital at Shaheed Path, Lucknow, which is expected to be commissioned in FY30 to cater to the growing demand for quality healthcare services in Uttar Pradesh. The new hospital will be spread across 5 acres and will be the company's second hospital in the city.

Investor Takeaway

Max Healthcare Institute Ltd reported a 3% rise in network profit for Q4 at Rs 387 crore.

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