| Margins | AGEasy Gross Margin improved from 26% in FY25 to 32% in FY26. |
|---|---|
| Order book | Units sold: 100% in Dehradun, Noida, and E360 Gurugram. |
| Demand visibility | Senior population (60+) expected to double by 2050; USD 30Bn opportunity. |
Growth
Care Homes revenue reached INR 38.8 Cr in FY26 vs INR 25.7 Cr in FY25. Net revenue grew 1.6x YoY in Q4FY26.
Outlook
Ongoing expansion in Gurugram and Noida; targeting project IRRs of 15-20% and 20-25% EBITDA margins on maintenance income.
Risks
High concentration in NCR; cultural stigma and limited awareness regarding professional elder care persist in India.
Last quarter's promises, checked
Delivered
- Guided 485 beds capacity → delivered 485 beds (= BEAT)
- Guided 1.04 Mn sq ft locked in → delivered 1.04 Mn sq ft (= BEAT)
- Guided 1.5 Mn sq ft commitment → delivered 1.5 Mn sq ft (= BEAT)
Partly delivered
- Guided AGEasy breakeven Q4FY27 → ongoing scaling (= PARTIAL)
Earnings Call filed with BSE, NSE: MAXIND. Summary written with AI assistance from the document.
Max India Ltd: key numbers
- Share price
- ₹152.00
- Market cap
- ₹856.1 Cr
- Revenue (annual)
- ₹190.6 Cr
- Net profit (annual)
- ₹-121.8 Cr
- P/E (TTM)
- -7.1×Sector 22.4×
- Promoter holding
- 48.22%-1.55% QoQ
- FII holding
- 6.88%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Max India Ltd
All →Max India Earnings Call Transcript: Key Takeaways
Consolidated revenue ₹95.5 Cr (+90% YoY) and beta loss narrowed to ₹11.4 Cr, but the group is still loss-making. Management leans on lumpy residential fees and repeatedly reframed breakeven timelines.
Max India Other Announcement
Max India filed a CARE Ratings monitoring agency report for the quarter ended September 2026. It reports no deviation from the objects of its rights issue.
Max India Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue Rs 95.5 Cr (+90% YoY), EBITDA loss narrowed to Rs 11.4 Cr from Rs 25.3 Cr, net loss Rs 22.3 Cr. Residences, Care Homes and AGEasy all scaling; management frames a path to profitability.
Max India Q2 FY27 Results: Net Loss of ₹22.2 Cr, Loss Narrows
Max India Ltd reported revenue from operations of ₹86.8 Cr (+92.0% YoY) and a net loss of ₹22.2 Cr for Q2 FY27.
- Key figure
- Net loss ₹22.2 Cr
Max India Board Meeting Date
Max India Ltd will hold its Board meeting on November 3, 2026, to consider un-audited Q1 and H1 results. Trading window closes after results announcement.
Max India Business Update
Max India's subsidiary Antara Senior Care handed over 200 apartments at its Noida senior-living community. The milestone advances the 340-unit Phase 1 project in Sector 150, Noida.