Max India Q4 FY26 transcript: revenue up 30%, losses narrow, path to profit by H2 FY27
MAXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Max India FY26 consolidated revenue rose 30% YoY to INR 213.4 crores; Q4 revenue jumped 58% YoY to INR 72 crores. Quarterly loss narrowed to INR 6.8 crores from INR 27.8 crores in Q3. Noida Phase 1 got partial occupancy certificate, unlocking INR 150+ crores in receivables. Estate 361 sold 141 of 180 units launched. Care homes scaled to 485 beds across 8 locations, with contribution margins improving. AGEasy revenue doubled YoY to about INR 77 crores, RoAS improved to 1.8. Management guides path to profitability in 1 to 2 verticals by later part of FY27; fundraise planned this year.
Positive: revenue acceleration, sharp loss reduction, Noida receivables unlock, and clearer profitability roadmap for FY27 should support investor sentiment.