Max India
- Market cap
- ₹ 844 Cr.
- P/E
- 1.1x
- P/B
- 1.93x
- 52-week range
- 120 – 220
- ROE
- −33%
- ROCE
- −23%
- Dividend yield
- 0%
- Debt / equity
- 0.24
- Sector
- Finance
- Industry
- Holding Company
- Listed on
- NSE, BSE
About
Max India Limited is an India-based holding company of Max Group’s senior care business. The Company's subsidiaries include Antara Senior Living Limited and Antara Assisted Care Services Limited. It is engaged in the business of developing residential communities for seniors that offer a lifestyle with lifecare. Its offering includes memory care homes, care homes, residences, care at home, med care products, and AGEasy. Its segments are Senior Living, Assisted Care, Business Investments, and Others. Its memory care homes provide a structured environment for people with Alzheimer's or dementia. It provides independent living residences for seniors in Dehradun and Noida. The Company offers a range of medical products and equipment, readily available on rent and for sale, such as wheelchairs, respiratory, bathroom accessories, walking aids, and foot support. AGEasy is a holistic platform that combines product, assistance, and technology, helping seniors manage various chronic conditions.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Holding Company: 15 companies →Max India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)1.1 against a typical 9.6: cheaper than most peers (1st = cheapest).2nd of 15
- Sales growth+62.2% against a typical +20.2% from a year earlier.3rd of 14
- Share price, 3 months−14.1% against a typical −11%.12th of 15
- Size₹ 843.9 Cr. market value against a typical ₹ 1,425.4 Cr. (1st = largest).10th of 14
Latest announcements
Exchange filings and their impact on the company.
- Max India backed a Rs 40 crore loan for its Antara Senior Living unit with a letter of comfort.
Max India has executed a Letter of Comfort for Rs 40 crore in favour of Aditya Birla Capital for a credit facility taken by its wholly owned subsidiary Antara Senior Living. This follows board approval disclosed on May 28, 2026. The support lets the subsidiary borrow while leaving a contingent liability on the parent if the loan is not repaid.
- Antara joins ISB research initiative as founding partner with no near-term financial impact.
Max India Foundation and ISB's Max Institute of Healthcare Management have launched SCALE, a research platform for senior care, with Antara Senior Care as founding industry partner. The initiative is supported by a multi-year CSR grant from Max India Foundation, with no amount disclosed. It will study consumer behaviour, care models, financing and technology to guide industry and policy, with no direct revenue or profit impact in the next 12 months.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 28 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 10 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 5 Aug 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended Jun 30, 2025 and Fund Raising |
| 30 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 49 | 41 | 45 | 26 | 43 | 35 | 42 | 37 | 45 | 43 | 66 | 60 |
| Expenses | 54 | 58 | 66 | 54 | 64 | 64 | 82 | 65 | 76 | 79 | 81 | 94 |
| Operating Profit | −5 | −17 | −21 | −28 | −21 | −30 | −41 | −28 | −31 | −36 | −15 | −34 |
| OPM % | −9% | −43% | −46% | −106% | −49% | −85% | −98% | −76% | −69% | −83% | −23% | −58% |
| Other Income | 6 | 5 | 5 | 6 | 5 | −8 | 4 | 13 | 5 | 4 | 6 | 9 |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 4 | 3 | 3 | 3 |
| Depreciation | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | 7 |
| Profit before tax | −2 | −17 | −20 | −27 | −22 | −44 | −45 | −25 | −36 | −41 | −19 | −36 |
| Tax % | 160% | 8% | 6% | 0% | 3% | 0% | 2% | 4% | −5% | 3% | 2% | 2% |
| Net Profit | −5 | −18 | −22 | −27 | −23 | −45 | −46 | −26 | −34 | −43 | −19 | −36 |
| EPS in Rs | −0.91 | −3.48 | −4.2 | −5.25 | −4.42 | −8.68 | −8.88 | −4.91 | −6.52 | −8.17 | −3.67 | −6.91 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 11%
- 3 Years
- 0%
- TTM
- 37%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- 3%
- 10 Years
- —
- 5 Years
- 18%
- 3 Years
- 1%
- TTM
- —
- 10 Years
- —
- 5 Years
- −13%
- 3 Years
- −23%
- TTM
- —
Peers
Listed companies in the same business.
| Max India | ₹ 149.75 | ₹ 844 Cr. | 1.1x | 1.9x | −33% | — |
| Max Financial Services | ₹ 1,213.70 | ₹ 41,446 Cr. | 658.5x | 10x | 1.6% | 0.2% |
Management
- Sandeep Pathak
- Chief Financial Officer, Head Legal
- Trapti ..
- Company Secretary, Compliance Officer
- Rajit Mehta
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.