Max India Limited has informed the Exchange about General Updates Investor Presentation
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Max India Limited shared an investor presentation detailing its senior care business 'Antara' across four verticals: Senior Residences, Care Homes, Care at Home, and AGEasy wellness products. Q3FY26 consolidated revenue grew 27% YoY to Rs 49.8 Cr, while EBITDA loss widened to Rs 29.0 Cr from Rs 26.0 Cr in Q2FY26. Care Homes revenue surged 2.4x YoY to Rs 5.0 Cr and Care at Home reached a record Rs 5.38 Cr, up 17% YoY, serving over 40,000 patients cumulatively. The company operates 485 care home beds across NCR, Bengaluru, and Chennai, with a Noida senior residence project ready for possession. Management outlined a 4-5 year pan-India expansion plan targeting 8-10 residential communities, 2,000+ care home beds, and entry into 3 geographic clusters. The balance sheet remains supported with Rs 105 Cr in cash and treasury assets.
The company is in a heavy investment phase with widening quarterly losses, but strong revenue growth, operational momentum in key segments, and a clear multi-year expansion roadmap support the long-term thesis. Investors should watch the path to profitability timeline, especially as occupancy in newer care homes ramps up and new cities are entered.