Max India Q4 FY26: Revenue Rebounds, Loss Narrows as Antara Scales

Total income was Rs 72.0 crore in Q4 FY26, versus Rs 49.8 crore in Q3 FY26 and Rs 45.5 crore in Q4 FY25.

Consolidated EBITDA was a loss of Rs 6.8 crore in Q4 FY26, improving from a loss of Rs 27.8 crore in Q3 FY26.

Residences for Seniors revenue was Rs 37.90 crore and Assisted Care Services revenue was Rs 32.66 crore in Q4 FY26; Max India Limited reported Rs 1.44 crore revenue.

Total bed capacity was 485 beds across Delhi NCR (207), Bengaluru (163) and Chennai (115).

AGEasy revenue was about Rs 23.0 crore in Q4 FY26, RoAS was 1.8 for the quarter, and gross margin was about 40 percent (for marketplace and D2C, excluding liquidation).

All units were sold in March 2023 and an occupancy certificate was received; the company stated it is ready for possession and preparation for possession has been initiated.

Liquidity was stated at about Rs 58 crore and consolidated net worth at about Rs 408 crore as of March 2026 end.