Max India Limited announced its financial results for the quarter and year ended March 31, 2026. The company's consolidated revenue for FY26 reached ₹213.4 crores, marking a substantial 30% increase from ₹164 crores in FY25. The EBITDA loss for FY26 improved to ₹83 crores, compared to ₹99 crores in the previous year. In the fourth quarter of FY26, Max India reported a consolidated revenue of ₹72 crores, showing a significant 45% quarter-on-quarter growth from ₹49.8 crores in Q3 FY26 and a 58% year-on-year growth from ₹45.5 crores in Q4 FY25. The company also reported a sharp reduction in consolidated loss for the quarter ended March 2026, closing at ₹6.8 crores. This is a notable improvement from a loss of ₹27.8 crores in the previous quarter and ₹35.5 crores in the corresponding quarter of the previous year. Max India expects these numbers to further improve in the upcoming financial year, demonstrating a path to profitability. As of March 31, 2026, Max India's treasury assets stood at ₹58 crores, with a consolidated net worth of approximately ₹408 crores. The company highlighted several operational achievements, including receiving a partial occupancy certificate for towers developed by ContendBuilders in Noida, which is expected to unlock receivables of over ₹150 crores and allow for the re-filing of approval for Phase 2. Performance in business verticals showed encouraging traction. The Dehradun residence operations continued to be stable and profitable, with Q4 FY26 operating revenue at ₹6.7 crores and full-year revenue at ₹24.2 crores. The Gurgaon intergenerational project, Estate 360, was fully sold out, with collections of ₹534 crores. Estate 361, launched in December 2025, has already secured 127 bookings, with collections of ₹69 crores as of March end. Antara Assisted Care Services reported revenue growth to ₹11.4 crores in Q4 FY26 (1.1x Q-on-Q) and ₹38.8 crores for the full year (1.6x year-on-year). The company is expanding its bed capacity and focusing on improving contribution margins across its care homes. AGEasy achieved a net revenue of ₹23 crores in Q4 FY26 (1.4x Y-on-Y growth) and approximately ₹77 crores for FY26 (100% Y-on-Y growth). The Return on Ad Spend (RoAS) for online channels improved to 1.8, with an exit rate of 2.9 in March 2026. Max India also announced that three patents have been granted for its innovations, with patents for three more products filed. The company is committed to continuous innovation and has launched 19 new products in FY26.
