External broker reports(aggregated public sources), HDFC Securities

HDFC Securities

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External broker reports(aggregated public sources)

HDFC securities is the best online trading platform for stocks, IPOs, mutual fund in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Max Healthcare Institute / Equity Bottom-Up

<ul><li>Max Healthcare (MAXHEALTH) is on track with its capex plan to add over 3,000 beds between FY26 and FY28 (~2,100 brownfield and 900 greenfield beds)</li><li>The planned capex outlay of ~INR 57 bn is expected to support long-term growth</li><li>For its existing hospital of over 3,400 beds, revenue/EBITDA are projected to grow at ~11/12% CAGRs over FY25-28E, with margin remaining steady at ~28.5%</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Max Healthcare (MAXHEALTH) is on track with its capex plan to add over 3,000 beds between FY26 and FY28 (~2,100 brownfield and 900 greenfield beds)The planned capex outlay of ~INR 57 bn is expected to support long-term growthFor its existing hospital of over 3,400 beds, revenue/EBITDA are projected to grow at ~11/12% CAGRs over FY25-28E, with margin remaining steady at ~28.5%Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Max Healthcare Institute: Steady Growth Visbility, Margin Hinges on Execution. Upgrade to ADD