Max India Limited — PPTs, 08-12-2025: Investor Presentation

**Business Performance:** Max India's Antara, a comprehensive senior care ecosystem, reported total income of 50.2 Cr for the latest quarter, marking a 21% sequential rise. While EBITDA loss expanded slightly to 25.3 Cr, individual segments showed strong growth. Care Homes revenue surged ~2.3x year-on-year to 3.91 Cr, Care at Home grew 21% to 5.24 Cr, and AGEasy products saw revenue jump 3.1x to 20.89 Cr. Antara's Senior Residences in Dehradun are fully operational, with 650 units in Noida and Gurugram fully sold out.

**Growth Drivers or Strategy:** India's "Silver Economy" is a significant growth driver, projected to reach USD 33 billion by 2030, fueled by evolving family structures and increasing affluence. Antara aims for pan-India expansion, targeting 8-10 residential communities with 8,000-10,000 residents and 2,000+ Care Home beds within 4-5 years, leveraging technology and AI for operational excellence and new product development.

**Recent Developments:** Antara recently launched the first phase of its Gurugram Estate 361. New Care Homes have been established across key cities. AGEasy has served over 5 lakh customers, launching 180+ products, and has secured partnerships with institutions like IIT Delhi and Axis Bank to enhance its offerings.

**Key Financial Metrics:** The company's total income for the latest quarter reached 50.2 Cr, with a net loss of 34.1 Cr. Consolidated net worth stands at 467 Cr.

**Management Commentary / Outlook:** Management views senior care as a profitable mega trend. Antara's integrated ecosystem and proven growth playbook position it well for the future, supported by adequate treasury to fund growth plans over the next 12-15 months.