Investor Presentaiton

MAX Definitions Healthcare Term Gross Revenue Net Revenue Contribution Indirect overheads Operating EBITDA EBITDA per bed Cash from operations ARPOB Description Amount billed to the patients/customers as per contracted/rack rates, as applicable, including the patients from the economically weaker section (EWS) on discharge basis; Also includes movement in unbilled revenue at the end of the period for patients admitted in the hospital on reporting date and other operating income such as SEIS income, EPCG income, unclaimed balances written back, etc. Gross revenue minus management discounts, amount billed to EWS patients, employee discounts, marketing discounts and allowance for deductions for expected credit loss. Net revenue minus material cost, F&B cost and salary/professional fess paid to clinicians credentialed for OPD consultations and IPD admissions Major costs include - Personnel costs (excl. clinicians credentialed for OPD consultations and IPD admissions), hospital services, Admin, Provision for doubtful debts, advertisement and allied costs, Power and utilities, Repair and maintenance Contribution minus indirect overheads, excluding one-off expenses, extraordinary expenses and specific non- cash expenses (itemised separately) which are accrued due to IND AS requirements, but are not operating in nature; Operating EBITDA divided by occupied bed days, annualised. Excludes incremental EBITDA from Covid-19 vaccination & related antibody tests and Max Lab operations Represents cash generated from operations after amount deployed for routine capex, finance cost and working capital changes relating to operations Average Revenue per Occupied Bed; Gross revenue divided by the occupied bed days; excludes revenue from Covid-19 vaccination & related antibody tests and Max Lab operations ALOS Average Length of Stay; on discharge basis 37

View entire presentation