{"id":300001,"date":"2026-10-09T18:06:37","date_gmt":"2026-10-09T12:36:37","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=300001"},"modified":"2026-10-09T18:06:37","modified_gmt":"2026-10-09T12:36:37","slug":"max-healthcare-institute-share-price-target-2027","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/","title":{"rendered":"Max Healthcare Institute Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Max Healthcare Institute share price Rs 883.80 (9 October 2026). Base target Rs 1,023, bull Rs 1,237, downside risk Rs 701. PE 58.54. 52W range Rs 870.00 to Rs 1,221.90.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Max Healthcare Institute share price target for 2027 is Rs 1,023, about 15.8% above the current price of Rs 883.80. The bull case is Rs 1,237, and the downside risk level, which is not a target, is Rs 701. The base case assumes earnings per share grow 16.7% a year, the pace seen from FY24 to FY26, with the stock holding its PE of 58.54. These are model-based estimates built from reported financials, not guaranteed outcomes.<\/p>\n<\/p><\/div>\n<p>Investors weighing a Max Healthcare Institute target price for 2027 should start with where the stock sits today. At Rs 883.80 on 9 October 2026, it is 27.7% below its 52-week high of Rs 1,221.90 and 1.6% above its 52-week low of Rs 870.00. That range spans 40% from low to high, so the entry point matters as much as the Max Healthcare Institute price forecast itself.<\/p>\n<p>This article builds the Max Healthcare Institute share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 1,023 base case and the Rs 1,237 bull case were reached, along with a downside risk level of Rs 701.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=max-healthcare-institute-share-price-target-2027\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Max_Healthcare_Institute_Stock_Analysis_Company_Overview_and_Key_Stats\" title=\"Max Healthcare Institute Stock Analysis: Company Overview and Key Stats\">Max Healthcare Institute Stock Analysis: Company Overview and Key Stats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Why_Is_Max_Healthcare_Institute_Share_Price_Target_Set_at_Rs_1023_for_2027\" title=\"Why Is Max Healthcare Institute Share Price Target Set at Rs 1,023 for 2027?\">Why Is Max Healthcare Institute Share Price Target Set at Rs 1,023 for 2027?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Earnings_Growth_Behind_the_Max_Healthcare_Institute_Target_Price_Five_Years_of_Results\" title=\"Earnings Growth Behind the Max Healthcare Institute Target Price: Five Years of Results\">Earnings Growth Behind the Max Healthcare Institute Target Price: Five Years of Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Margins_and_the_Latest_Quarter\" title=\"Margins and the Latest Quarter\">Margins and the Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Balance_Sheet_and_Cash_Flow\" title=\"Balance Sheet and Cash Flow\">Balance Sheet and Cash Flow<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Valuation_Check_for_the_Max_Healthcare_Institute_Stock_Target_PE_Price_to_Book_and_ROE\" title=\"Valuation Check for the Max Healthcare Institute Stock Target: PE, Price to Book and ROE\">Valuation Check for the Max Healthcare Institute Stock Target: PE, Price to Book and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Shareholding_Pattern_and_Institutional_Holding\" title=\"Shareholding Pattern and Institutional Holding\">Shareholding Pattern and Institutional Holding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Max_Healthcare_Institute_Share_Price_Targets_for_the_Short_Term_and_12_Months\" title=\"Max Healthcare Institute Share Price Targets for the Short Term and 12 Months\">Max Healthcare Institute Share Price Targets for the Short Term and 12 Months<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Short_Term_Max_Healthcare_Institute_Stock_Target_Levels_Technical_Setup\" title=\"Short Term Max Healthcare Institute Stock Target Levels: Technical Setup\">Short Term Max Healthcare Institute Stock Target Levels: Technical Setup<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#12_Month_Max_Healthcare_Institute_Target_Price_for_2027\" title=\"12 Month Max Healthcare Institute Target Price for 2027\">12 Month Max Healthcare Institute Target Price for 2027<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#How_EPS_Growth_and_PE_Multiple_Change_the_Max_Healthcare_Institute_Target_Price\" title=\"How EPS Growth and PE Multiple Change the Max Healthcare Institute Target Price\">How EPS Growth and PE Multiple Change the Max Healthcare Institute Target Price<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Bull_Case_and_Downside_Risk_for_Max_Healthcare_Institute_Stock_Target_in_2027\" title=\"Bull Case and Downside Risk for Max Healthcare Institute Stock Target in 2027\">Bull Case and Downside Risk for Max Healthcare Institute Stock Target in 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Bull_Case_Rs_1237\" title=\"Bull Case Rs 1,237\">Bull Case Rs 1,237<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Downside_Risk_Level_Rs_701\" title=\"Downside Risk Level Rs 701\">Downside Risk Level Rs 701<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Key_Risks_to_the_Max_Healthcare_Institute_Target_Price_for_2027\" title=\"Key Risks to the Max Healthcare Institute Target Price for 2027\">Key Risks to the Max Healthcare Institute Target Price for 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Growth_Slowdown_Risk_for_the_Max_Healthcare_Institute_Price_Target\" title=\"Growth Slowdown Risk for the Max Healthcare Institute Price Target\">Growth Slowdown Risk for the Max Healthcare Institute Price Target<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Liquidity_and_Size_Risk\" title=\"Liquidity and Size Risk\">Liquidity and Size Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Valuation_and_Margin_Risk\" title=\"Valuation and Margin Risk\">Valuation and Margin Risk<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Market_and_Technical_Risk\" title=\"Market and Technical Risk\">Market and Technical Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#How_to_Invest_in_Max_Healthcare_Institute\" title=\"How to Invest in Max Healthcare Institute\">How to Invest in Max Healthcare Institute<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#FAQs_on_Max_Healthcare_Institute_Share_Price_Target_2027\" title=\"FAQs on Max Healthcare Institute Share Price Target 2027\">FAQs on Max Healthcare Institute Share Price Target 2027<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#What_is_the_Max_Healthcare_Institute_share_price_target_for_2027\" title=\"What is the Max Healthcare Institute share price target for 2027?\">What is the Max Healthcare Institute share price target for 2027?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#What_is_the_Max_Healthcare_Institute_share_price_today\" title=\"What is the Max Healthcare Institute share price today?\">What is the Max Healthcare Institute share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Is_Max_Healthcare_Institute_a_buy_or_sell_at_the_current_price\" title=\"Is Max Healthcare Institute a buy or sell at the current price?\">Is Max Healthcare Institute a buy or sell at the current price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#What_are_the_bull_case_target_and_downside_risk_level_for_Max_Healthcare_Institute_shares\" title=\"What are the bull case target and downside risk level for Max Healthcare Institute shares?\">What are the bull case target and downside risk level for Max Healthcare Institute shares?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#What_are_the_main_risks_to_the_Max_Healthcare_Institute_price_target\" title=\"What are the main risks to the Max Healthcare Institute price target?\">What are the main risks to the Max Healthcare Institute price target?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#What_is_the_PE_ratio_of_Max_Healthcare_Institute_and_how_does_it_compare_with_the_industry\" title=\"What is the PE ratio of Max Healthcare Institute and how does it compare with the industry?\">What is the PE ratio of Max Healthcare Institute and how does it compare with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#Who_owns_Max_Healthcare_Institute_and_what_is_the_promoter_holding\" title=\"Who owns Max Healthcare Institute, and what is the promoter holding?\">Who owns Max Healthcare Institute, and what is the promoter holding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/univest.in\/blogs-2\/max-healthcare-institute-share-price-target-2027\/#What_were_Max_Healthcare_Institutes_latest_quarterly_results\" title=\"What were Max Healthcare Institute&#8217;s latest quarterly results?\">What were Max Healthcare Institute&#8217;s latest quarterly results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Max_Healthcare_Institute_Stock_Analysis_Company_Overview_and_Key_Stats\"><\/span><strong>Max Healthcare Institute Stock Analysis: Company Overview and Key Stats<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Max Healthcare Institute (NSE: MAXHEALTH) has a market capitalisation of Rs 85,291 crore. In FY26 it reported revenue of Rs 8,536 crore and net profit of Rs 1,442 crore. The table collects the figures the Max Healthcare Institute share price target is built on.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<tr>\n<td>Company<\/td>\n<td><a href=\"https:\/\/univest.in\/stocks\/maxhealth\/max-healthcare-institute-ltd-share-price-today\">Max Healthcare Institute<\/a><\/td>\n<\/tr>\n<tr>\n<td>NSE Ticker<\/td>\n<td>MAXHEALTH<\/td>\n<\/tr>\n<tr>\n<td>CMP (9 October 2026)<\/td>\n<td>Rs 883.80<\/td>\n<\/tr>\n<tr>\n<td>52-Week High<\/td>\n<td>Rs 1,221.90<\/td>\n<\/tr>\n<tr>\n<td>52-Week Low<\/td>\n<td>Rs 870.00<\/td>\n<\/tr>\n<tr>\n<td>Market Cap<\/td>\n<td>Rs 85,291 crore<\/td>\n<\/tr>\n<tr>\n<td>PE Ratio (TTM)<\/td>\n<td>58.54<\/td>\n<\/tr>\n<tr>\n<td>Industry PE<\/td>\n<td>62.79<\/td>\n<\/tr>\n<tr>\n<td>Price to Book<\/td>\n<td>7.94<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity<\/td>\n<td>13.42%<\/td>\n<\/tr>\n<tr>\n<td>Debt to Equity<\/td>\n<td>0.32<\/td>\n<\/tr>\n<tr>\n<td>EPS (TTM)<\/td>\n<td>Rs 14.97<\/td>\n<\/tr>\n<tr>\n<td>Dividend Yield<\/td>\n<td>0.23%<\/td>\n<\/tr>\n<tr>\n<td>12-Month Base Target<\/td>\n<td>Rs 1,023<\/td>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>Rs 1,237<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk Level (not a target)<\/td>\n<td>Rs 701<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Why_Is_Max_Healthcare_Institute_Share_Price_Target_Set_at_Rs_1023_for_2027\"><\/span><strong>Why Is Max Healthcare Institute Share Price Target Set at Rs 1,023 for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The base-case Max Healthcare Institute stock target of Rs 1,023 applies a PE multiple of 58.54 to a forward EPS estimate of Rs 17.47. That EPS assumes 16.7% yearly growth, the pace from FY24 to FY26, and puts the target 15.8% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Earnings_Growth_Behind_the_Max_Healthcare_Institute_Target_Price_Five_Years_of_Results\"><\/span><strong>Earnings Growth Behind the Max Healthcare Institute Target Price: Five Years of Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Max Healthcare Institute grew revenue from Rs 4,059 crore in FY22 to Rs 8,536 crore in FY26, a compound annual growth rate of 20.4%. Net profit grew faster, from Rs 605.05 crore to Rs 1,442 crore (24.3% a year), which shows margin gains did part of the work and not just higher sales.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Financial Year<\/th>\n<th>Revenue (Rs Cr)<\/th>\n<th>Net Profit (Rs Cr)<\/th>\n<th>EPS (Rs)<\/th>\n<th>Dividend per Share (Rs)<\/th>\n<\/tr>\n<tr>\n<td>FY22<\/td>\n<td>4,058.82<\/td>\n<td>605.05<\/td>\n<td>6.24<\/td>\n<td>0.00<\/td>\n<\/tr>\n<tr>\n<td>FY23<\/td>\n<td>4,701.84<\/td>\n<td>1,103.51<\/td>\n<td>11.36<\/td>\n<td>1.00<\/td>\n<\/tr>\n<tr>\n<td>FY24<\/td>\n<td>5,582.96<\/td>\n<td>1,057.64<\/td>\n<td>10.84<\/td>\n<td>1.50<\/td>\n<\/tr>\n<tr>\n<td>FY25<\/td>\n<td>7,184.10<\/td>\n<td>1,075.88<\/td>\n<td>11.01<\/td>\n<td>1.50<\/td>\n<\/tr>\n<tr>\n<td>FY26<\/td>\n<td>8,536.07<\/td>\n<td>1,442.41<\/td>\n<td>14.76<\/td>\n<td>2.00<\/td>\n<\/tr>\n<\/table>\n<p>FY26 revenue growth was 18.8%, close to the four-year average of 20.4%, and net profit moved up 34.1%. EPS rose from Rs 10.84 in FY24 to Rs 14.76 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Margins_and_the_Latest_Quarter\"><\/span><strong>Margins and the Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Max Healthcare Institute converted 16.9% of FY26 revenue into net profit, against 15.0% in FY25, within a five-year range of 14.9% to 23.5%. EBITDA margin was 27.6% in FY26 versus 26.9% in FY25.<\/p>\n<p>In the June 2026 quarter, revenue was Rs 2,407 crore, up 16.6% from the same quarter a year earlier, while net profit of Rs 322.96 crore was up 4.9%. EBITDA came in at Rs 638.97 crore, up 14.2% year on year. The next quarterly result is the first test of whether the earnings assumption holds.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Balance_Sheet_and_Cash_Flow\"><\/span><strong>Balance Sheet and Cash Flow<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Debt to equity stands at 0.32, and shareholders&#8217; equity grew from Rs 6,282 crore in FY22 to Rs 10,747 crore in FY26. Operating cash flow in FY26 was Rs 1,633 crore against capital expenditure of Rs 1,485 crore, leaving free cash flow of Rs 148.79 crore, or 0.2% of the current market capitalisation. In FY25 free cash flow was Rs 493.48 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_Check_for_the_Max_Healthcare_Institute_Stock_Target_PE_Price_to_Book_and_ROE\"><\/span><strong>Valuation Check for the Max Healthcare Institute Stock Target: PE, Price to Book and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At a PE of 58.54 against an industry PE of 62.79, Max Healthcare Institute trades in line with its industry. Price to book is 7.94 on a book value of Rs 110.39 per share, and return on equity is 13.42%. A PE of 58.54 equals an earnings yield of 1.7%, and the FY26 dividend of Rs 2.00 per share gives a yield of 0.23%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Shareholding_Pattern_and_Institutional_Holding\"><\/span><strong>Shareholding Pattern and Institutional Holding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Promoters held 23.71% of Max Healthcare Institute in June 2026, and promoter holding has stayed near 23.71% since June 2025. Foreign institutional investors (FII) held 41.78% and domestic institutions (DII) held 29.96%, which puts total institutional holding at 71.74%. FII holding fell from 54.76% in June 2025 to 41.78% in June 2026. Public shareholders own the remaining 4.56%. A meaningful institutional holding adds a layer of research coverage and trading depth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Max_Healthcare_Institute_Share_Price_Targets_for_the_Short_Term_and_12_Months\"><\/span><strong>Max Healthcare Institute Share Price Targets for the Short Term and 12 Months<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Short_Term_Max_Healthcare_Institute_Stock_Target_Levels_Technical_Setup\"><\/span><strong>Short Term Max Healthcare Institute Stock Target Levels: Technical Setup<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>At Rs 883.80 on 9 October 2026, Max Healthcare Institute trades below its 50-day simple moving average of Rs 1,012.97 and below its 200-day exponential moving average of Rs 1,042.16. The 14-day RSI reads 18.3, which is oversold territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 1,012.97 (50-day simple moving average) and the nearest support is Rs 870.00 (52-week low). A sustained move above Rs 1,012.97 would improve the short-term setup, while a close below Rs 870.00 would shift attention to the next support.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Month_Max_Healthcare_Institute_Target_Price_for_2027\"><\/span><strong>12 Month Max Healthcare Institute Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 12-month target for Max Healthcare Institute is Rs 1,023: forward EPS of Rs 17.47 at a PE of 58.54. That is 15.8% above Rs 883.80. It would still leave the stock 16.3% below its 52-week high of Rs 1,221.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_EPS_Growth_and_PE_Multiple_Change_the_Max_Healthcare_Institute_Target_Price\"><\/span><strong>How EPS Growth and PE Multiple Change the Max Healthcare Institute Target Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>EPS Growth<\/th>\n<th>PE 46.83<\/th>\n<th>PE 58.54<\/th>\n<th>PE 67.32<\/th>\n<\/tr>\n<tr>\n<td>0.0% (EPS Rs 14.97)<\/td>\n<td>Rs 701<\/td>\n<td>Rs 876<\/td>\n<td>Rs 1,008<\/td>\n<\/tr>\n<tr>\n<td>16.7% (EPS Rs 17.47)<\/td>\n<td>Rs 818<\/td>\n<td>Rs 1,023<\/td>\n<td>Rs 1,176<\/td>\n<\/tr>\n<tr>\n<td>22.7% (EPS Rs 18.37)<\/td>\n<td>Rs 860<\/td>\n<td>Rs 1,075<\/td>\n<td>Rs 1,237<\/td>\n<\/tr>\n<\/table>\n<p>Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Max Healthcare Institute price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bull_Case_and_Downside_Risk_for_Max_Healthcare_Institute_Stock_Target_in_2027\"><\/span><strong>Bull Case and Downside Risk for Max Healthcare Institute Stock Target in 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Bull_Case_Rs_1237\"><\/span><strong>Bull Case Rs 1,237<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The bull case Max Healthcare Institute price target needs EPS growth of 22.7%, which lifts forward EPS to Rs 18.37, and a PE multiple that rises 15% to 67.32. That gives Rs 1,237, 40.0% above the current price and above the 52-week high of Rs 1,221.90, so the stock would have to set a fresh 52-week high.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Downside_Risk_Level_Rs_701\"><\/span><strong>Downside Risk Level Rs 701<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The downside risk level is not a target. It assumes EPS stays flat at Rs 14.97 and the PE falls 20% to 46.83. That gives Rs 701, 20.7% below the current price and below the 52-week low of Rs 870.00.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"8\">\n<tr>\n<th>Scenario<\/th>\n<th>EPS Growth<\/th>\n<th>PE Multiple<\/th>\n<th>Price (Rs)<\/th>\n<th>Change vs CMP<\/th>\n<\/tr>\n<tr>\n<td>Bull Case<\/td>\n<td>22.7%<\/td>\n<td>67.32<\/td>\n<td>Rs 1,237<\/td>\n<td>+40.0%<\/td>\n<\/tr>\n<tr>\n<td>Base Case<\/td>\n<td>16.7%<\/td>\n<td>58.54<\/td>\n<td>Rs 1,023<\/td>\n<td>+15.8%<\/td>\n<\/tr>\n<tr>\n<td>Downside Risk<\/td>\n<td>0.0%<\/td>\n<td>46.83<\/td>\n<td>Rs 701<\/td>\n<td>-20.7%<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Max_Healthcare_Institute_Target_Price_for_2027\"><\/span><strong>Key Risks to the Max Healthcare Institute Target Price for 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Growth_Slowdown_Risk_for_the_Max_Healthcare_Institute_Price_Target\"><\/span><strong>Growth Slowdown Risk for the Max Healthcare Institute Price Target<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue in the June 2026 quarter was up 16.6% year on year, and FY26 revenue growth was 18.8%. If growth slows from here, the EPS estimate behind the Max Healthcare Institute stock target will need revising.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Liquidity_and_Size_Risk\"><\/span><strong>Liquidity and Size Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Max Healthcare Institute has a market capitalisation of Rs 85,291 crore. Institutional holding is 71.74%, and promoters hold 23.71%. A company of this size trades with deep liquidity, so entry and exit are rarely a problem, and the larger risk is paying too much for slow earnings growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Valuation_and_Margin_Risk\"><\/span><strong>Valuation and Margin Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Net margin was 16.9% in FY26, and a squeeze from higher costs or weaker pricing would hit earnings first. At a PE of 58.54 versus an industry PE of 62.79, a de-rating toward the downside-risk PE of 46.83 would cut the price even if earnings hold.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Market_and_Technical_Risk\"><\/span><strong>Market and Technical Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The stock trades 27.7% below its 52-week high, with an RSI of 18.3 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Max_Healthcare_Institute\"><\/span><strong>How to Invest in Max Healthcare Institute<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Start with the live price and volume. Any Max Healthcare Institute share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 883.80 price before acting on any level.<\/p>\n<p>Next, review the fundamentals yourself. The Univest Screener lets you check Max Healthcare Institute&#8217;s PE, ROE, debt and shareholding in one place.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Max Healthcare Institute fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<p>Then compare the three Max Healthcare Institute target price scenarios with your own view. If you expect EPS growth below 16.7%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.<\/p>\n<p>Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.<\/p>\n<p>Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Max Healthcare Institute live price and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Max Healthcare Institute share price target for 2027 is Rs 1,023 in the base case, with Rs 1,237 as the bull case. The support for that view is arithmetic you can check: EPS grew 16.7% a year over FY24 to FY26, and the stock trades at a PE of 58.54. The risks are equally concrete, including a stock that sits 27.7% below its 52-week high and a downside scenario that cuts the price 21% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Max_Healthcare_Institute_Share_Price_Target_2027\"><\/span><strong>FAQs on Max Healthcare Institute Share Price Target 2027<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Max_Healthcare_Institute_share_price_target_for_2027\"><\/span><strong>What is the Max Healthcare Institute share price target for 2027?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The base-case Max Healthcare Institute share price target for 2027 is Rs 1,023, with Rs 1,237 as the bull case. The downside risk level, which is not a target, is Rs 701. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Max_Healthcare_Institute_share_price_today\"><\/span><strong>What is the Max Healthcare Institute share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 October 2026, 3:30 PM IST, Max Healthcare Institute trades at Rs 883.80, up 1.19% on the day. The 52-week range is Rs 870.00 to Rs 1,221.90.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Max_Healthcare_Institute_a_buy_or_sell_at_the_current_price\"><\/span><strong>Is Max Healthcare Institute a buy or sell at the current price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The data is mixed rather than one-sided: EPS has grown 16.7% a year over FY24 to FY26, but the stock is 27.7% below its 52-week high. Whether Max Healthcare Institute fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_bull_case_target_and_downside_risk_level_for_Max_Healthcare_Institute_shares\"><\/span><strong>What are the bull case target and downside risk level for Max Healthcare Institute shares?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The bull case target is Rs 1,237, which assumes 22.7% EPS growth and a PE of 67.32. The downside risk level is Rs 701, which assumes flat EPS and a PE of 46.83. It marks a risk, not a target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_to_the_Max_Healthcare_Institute_price_target\"><\/span><strong>What are the main risks to the Max Healthcare Institute price target?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are slower revenue growth, a small market capitalisation of Rs 85,291 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Max_Healthcare_Institute_and_how_does_it_compare_with_the_industry\"><\/span><strong>What is the PE ratio of Max Healthcare Institute and how does it compare with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio of Max Healthcare Institute is 58.54 against an industry PE of 62.79. Price to book is 7.94 and return on equity is 13.42%. The base case in the Max Healthcare Institute price target holds this PE constant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_owns_Max_Healthcare_Institute_and_what_is_the_promoter_holding\"><\/span><strong>Who owns Max Healthcare Institute, and what is the promoter holding?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Promoters held 23.71% of Max Healthcare Institute in June 2026. FII held 41.78%, DII held 29.96% and the public held 4.56%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_were_Max_Healthcare_Institutes_latest_quarterly_results\"><\/span><strong>What were Max Healthcare Institute&#8217;s latest quarterly results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> In the June 2026 quarter, Max Healthcare Institute reported revenue of Rs 2,407 crore (up 16.6% year on year) and net profit of Rs 322.96 crore (up 4.9%).<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Max Healthcare Institute share price target for 2027?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The base-case Max Healthcare Institute share price target for 2027 is Rs 1,023, with Rs 1,237 as the bull case. The downside risk level, which is not a target, is Rs 701. 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Bull case, downside risk, earnings trend and risks explained. October 2026."],"rank_math_focus_keyword":["Max Healthcare Institute share price target | Density Target: 1.2 to 1.5%"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/max-healthcare-institute-share-price-target-2027-base-and-bull-targets-built-on.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=300001"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300001\/revisions"}],"predecessor-version":[{"id":300002,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/300001\/revisions\/300002"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/300000"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=300001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=300001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=300001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}