• Max India Limited Demerges Into Max Financial Services, Max India
    and Max Ventures & Industries
  • Max Bupa JV Bupa raises stake to 49%
  • Max Healthcare PBT Up 290% in H1FY2016
Investor Relations

Max India was formed in January 2016, as the result of a three-way demerger and is the holding company for Max Healthcare, Max Bupa Health Insurance and Antara Senior Living.

Max India provides access to investors in the Max Group’s businesses in Health and Allied services.

Max India currently holds 49.7% stake in Max Healthcare, which is a joint venture with South Africa-based Life Healthcare; 51% stake in Max Bupa, which is a JV with UK’s Bupa Finance Plc. and 100% stake in Antara Senior Living.

In FY2018, MHC’s revenues grew by 9% to touch Rs 2,787 crore. The Saket Complex grew by 10% with combined revenues of Rs. 1,004 cr during the financial year while the East Delhi Complex grew by 6% to Rs. 671 cr in FY17-18.

Max Bupa is the 9th largest private health insurer in the country with highly differentiated product and service offerings. The company’s total Health Insurance premium in FY2017 grew to Rs. 755 crore from Rs. 597 crore in FY 2016-17, reflecting a growth of 27%.



Max India was formed on 15th January 2016 as a result of the three-way demerger of the erstwhile Max India Limited (now renamed as Max Financial Services). All pre- FY2015 Annual Reports pertaining to undivided Max India Limited can be accessed here

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  • 21st June 2019

    Radiant Life Care Completes Acquisition of 49.7% Stake in Max Healthcare from Life Healthcare

  • 29th April 2019

    Max India exploring new lines or businesses after divesting Healthcare and Health Insurance

  • 26th February 2019

    True North to acquire controlling stake in Max Bupa Health Insurance from Max India

  • 11th February 2019

    Rahul Khosla to transition from Group President to a Group Advisor role in line with agreed plans

  • 24 December 2018

    Radiant Life Care and KKR to acquire majority stake in Max Healthcare through merger

  • 11th August 2017

    Max India Reports Strong Financials for First Quarter FY2018

  • 31st July 2017:

    Max merger with HDFC Life called off

  • 29th May 2017:

    Max India announces annual financial result for FY2017

  • 13th February 2017:

    Max India registers strong growth in the quarter ended December 2016

  • 8 August, 2016:

    Max India announces maiden financial results after listing; Max Healthcare and Max Bupa report strong topline growth

  • 13 July 2016

    Max India Limited to list tomorrow; opportunity to invest in high-potential healthcare and allied services businesses

  • 15 JANUARY, 2016

    Leadership Transformation in the Max Group

  • 15 JANUARY, 2016:

    Max India Concludes 3 Way Demerger to Unlock Value

  • 24 December, 2015:

    Max India’s Demerger Receives Court Approval

  • 26 November, 2015:

    Max India announces the Embedded Value (EV) for Max Life at Rs. 5,363 Cr.

  • 23 November, 2015:

    Bupa to pay Rs. 191 crore to Max India to raise stake in Max Bupa by 23%

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