M

Max India Ltd

Q3 FY26Finance

Max India Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹151
Market cap₹905 Cr
Updated26 Aug 2026
Read5 min read

The short version

AGEasy business is expected to grow with revenue targeting INR 400 crores and steady-state EBITDA margins of 15-20% within 3-4 years. - Shift in AGEasy marketing strategy from 80% performance-driven to 40% in FY '27, increasing organic brand contribution, supporting sustainable growth. - Senior living residences: aggressive pursuit to achieve 1.5 million sq. Max India expects EBITDA breakeven for the senior living segment in FY '27, reflecting improved revenue quality and unit economics.

From Max India Ltd's Q3 FY26 earnings-call transcript · updated 26 Aug 2026.

Revenue & Sales Performance

  • AGEasy business is expected to grow with revenue targeting INR 400 crores and steady-state EBITDA margins of 15-20% within 3-4 years.
  • Shift in AGEasy marketing strategy from 80% performance-driven to 40% in FY '27, increasing organic brand contribution, supporting sustainable growth.
  • Senior living residences: aggressive pursuit to achieve 1.5 million sq. ft. growth; 1.04 million sq. ft. already locked for the current year with plans to add 0.5 million more.
  • Care Home beds currently at 485 with operational 333 beds; bed additions paused until at least 50% occupancy to reach breakeven; expect phased future expansions.
  • Care at Home and Care Homes showing sequential revenue growth and improving contribution margins, indicating volume and revenue growth traction.

2 more points from Max India Ltd's call on revenue

Every concall, every company

Profitability & Margins

See what Max India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Max India plans to raise INR 200-250 crores in funds over the next 6 to 9 months to support future growth.
  • Capital investment will focus on Care Home expansion and enhancement of AGEasy's platform.
  • Some portion of the funds may also be allocated to residential projects as needed.
  • For residences, there are expenses related to new projects, including deposits to landowners and preoperative expenses, requiring capital.
  • No investment in land is planned, maintaining an asset-light model.
  • The company anticipates some additional capital of INR 40-50 crores for AGEasy to reach EBITDA breakeven by end of FY '27.

2 more points from Max India Ltd's call on capex

Every concall, every company

Top-ranked in Finance

Ranked on what management guided this quarter

Guidance-ranked
1Choice Intl.
Rev 1Mar 3
2Sammaan Capital
Rev 1Mar 3
3
Rev 2Mar 2
4
Rev 2Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Max India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • Estate 360 in Gurgaon is fully sold out with collections at INR 343 crores and a collection efficiency of 97% as of December 2025.
  • Estate 361 launched in December 2025 (1.04 million sq. ft., 360 units); Phase 1 with 180 units launched, with about 100 bookings secured by December end.
  • For the current year, 1.04 million sq. ft. is locked in, with plans to acquire an additional 0.5 million sq. ft. in Chandigarh, Bengaluru, and Chennai.

2 more points from Max India Ltd's call on order book

Every concall, every company

Max India Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹66 Cr, net loss ₹19 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Finance this season

  • CRISIL Ltd (Q3 FY26)

    Q4 FY25 income from operations: ₹1,082 crore (18.5% increase year-on-year from ₹913 crore in Q4 FY24) [Page 11] . Key concall takeaways from CRISIL Ltd's Q3…

  • Five-Star Business Finance Ltd (Q3 FY26)

    The company has significant liquidity with over INR 2,276 crores buffer and unavailed sanction lines close to INR 1,500 crores. Key concall takeaways from…

  • Fusion Finance (Q3 FY26)

    About 15% of the total INR 10,000 crore AUM will be MSME loans, differentiating through lower credit costs and secure collateral. Key concall takeaways from…

  • Paisalo Digital (Q3 FY26)

    Expanding geographical presence by doubling locations and reducing state concentration below 20%. Key concall takeaways from Paisalo Digital's Q3 FY26 earnings…

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Max India Ltd and 1,500+ more calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Max India Ltd Q3 FY26 results?

AGEasy business is expected to grow with revenue targeting INR 400 crores and steady-state EBITDA margins of 15-20% within 3-4 years. - Shift in AGEasy marketing strategy from 80% performance-driven to 40% in FY '27, increasing organic brand contribution, supporting sustainable growth. - Senior living residences: aggressive pursuit to achieve 1.5 million sq. Max India expects EBITDA breakeven for the senior living segment in FY '27, reflecting improved revenue quality and unit economics.

What is Max India Ltd share price analysis?

Max India Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹905 Cr. Investors should review the full earnings analysis for detailed insights.

Is Max India Ltd planning capital expenditure?

Max India plans to raise INR 200-250 crores in funds over the next 6 to 9 months to support future growth.

Keep Max India Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.