Max India Limited — PPTs, 10-02-2026: Investor Presentation

Max India's Q3 and 9M FY26 results reveal consolidated revenue jumped 27% year-on-year to Rs 49.8 Cr, although consolidated EBITDA loss increased to Rs 29 Cr.

**Business Performance:** Strong growth across senior living and care. Residences for Seniors saw E360 Gurugram fully sold out with Rs 343 Cr collected. E361 Gurugram, a recent launch, secured Rs 31 Cr from 100+ units sold. Assisted Care Services generated Rs 10.38 Cr revenue, with Care Homes revenue up 2.4x YoY to Rs 5 Cr, and Care at Home up 17% YoY to Rs 5.38 Cr. AGEasy products revenue surged 1.5x YoY to Rs 18.8 Cr, boasting a 46% gross margin and ~2.0 RoAS by Dec'25.

**Growth Drivers/Strategy:** Focus areas include optimizing Care Homes occupancy, expanding high-margin Care at Home services, and boosting AGEasy's profitability. The company is actively pursuing new residential development partnerships and Noida Phase II approvals.

**Recent Developments:** Highlights include E361 Gurugram's launch and five patents for AGEasy's senior-focused products. Max India also expanded strategic partnerships, notably with Star Union Dai-ichi Life Insurance.

**Key Financial Metrics:** Liquidity stands at Rs 105 Cr, with a Net Worth of Rs 426 Cr. Loss after tax was Rs 42.8 Cr, and EPS was (8.17) for Q3 FY26.

**Management Commentary/Outlook:** Q3 FY26 results met expectations, with Q4 FY26 focusing on continued scale-up, cost optimization, and efficient treasury management. Ample treasury and assets are available for future growth.