Tranformational Growth

Through Focus & Execution

Annual Report 2016-17

CHAIRMAN'S

LETTER

Dear Shareholders,
This past year has been eventful and a defining one for your Company...


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MD'S

LETTER

Dear Shareholders,
I feel privileged writing this letter after completing my first full year as the..


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Our

Enterprise

Max India Limited, a multi-business corporate, owns and actively manages a 45.95% stake in Max Healthcare, a 51% stake in Max Bupa Health Insurance and a 100% stake in Antara Senior Living.

Max Financial Services owns and actively manages a majority stake in Max Life Insurance Company Limited, making it India’s first listed company focused exclusively on life insurance. Max Life is a joint venture with Mitsui Sumitomo Insurance (MSI), a Japan headquartered global leader in life insurance.

Max Ventures & Industries (MaxVIL) serves as the Group’s entrepreneurial arm to explore the ‘wider world of business’, especially taking cues from the economic and commercial reforms agenda of the present Government, including ‘Make in India’, ‘Skill India’, ‘Digital India’ among others.

measures

of success

Treasury Corpus of

301 Cr.*

Max Healthcare Network Gross Revenues:

2,567 Cr., grew 18%

Max Healthcare Network EBITDA:

281 Cr., grew 31%

Stronger and deeper relationships with our Joint Venture Partners

Life Healthcare and Bupa

Investor base comprising marquee global financial institutions such as

Goldman Sachs, IFC, Ward Ferry, Temaseck, New York Life, Nomura, DSP Blackrock and L&T Mutual Fund

Max Bupa Gross Written Premium:

594 Cr., grew 25%

Max Super Speciality Hospital, Saket earned prestigious

JCI Accreditation

Benefitted over

28,00,000 lives in 730 locations across India through Max India Foundation

First Antara community launched near Dehradun,Uttarakhand in April 2017

*As at 31st March 2017

measures

of success

BUSINESS

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Management Discussion

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