Max India Limited — Investor Meet, 20-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Max India's Q2 & H1 FY '26 earnings call showed H1 revenue grew 15% YoY to INR91.5 Cr, with Q2 revenue up 6% to INR50.2 Cr. Consolidated EBITDA was negative INR26 Cr. Rights issue and preferential warrants raised funds for growth. The Gurugram 360 project is fully sold out, with a new project E361 launching in Dec '25. Chandigarh project faced regulatory delays; exploring new locations. Assisted Care occupancy improved to 25%, aiming for 500 beds by Nov end. AGEasy's net revenue reached INR20.9 Cr with improved marketing efficiency (ROAS 2). Management is confident in execution and scaling, seeing encouraging signs in a growing sector.