Performance Comparison – Apollo Hospital Vs Max Healthcare
Source : Annual Report 2025 & 2026
Apollo Hospitals vs. Max Healthcare
Strategic Multi-Metric Comparison (Values Normalized to ₹ Crores where applicable)
■ Apollo Hospitals (FY25)
■ Max Healthcare (FY26)
Financial Scale (₹ in Crores)
Operating EBITDA Margin (%)
Reach: Total Bed Capacity
Asset Utilization (Occupancy %)
Daily Revenue Yield (ARPOB in ₹)
Avg. Length of Stay (Days)
Outpatient Consults (Millions)
Inpatient Discharges (Actual Count)
Metrics Now Covered:
- Financials: Revenue, Operating EBITDA (₹ Cr).
- Infrastructure: Bed Count, Number of Hospitals.
- Efficiency: EBITDA Margin %, Average Occupancy %.
- Operational Volume: Total Outpatient Mn, Total Inpatient (Discharges) count.
- Bed Performance: ARPOB (Daily Revenue), ALOS (Average Stay Days).
- Human/Digital Capital: Total Doctors, Total Pharmacies, Digital Revenue %.
- Strategic Focus: Apollo’s Business Segments vs. Max’s Medical Specialty Mix.
- International: Max International Revenue (Apollo didn’t highlight a specific number in the summary text, but Max did).
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