Investor Presentation

November 3, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street Bandra (East) Mumbai – 400001 Mumbai – 400051 Scrip Code: 543223 Name of Scrip: MAXIND Sub: Investor Release – Q2 & Half Year ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Investor Release – Q2 & Half Year ended September 30, 2026 being issued by the Company on the outcome of its Board Meeting held on November 3, 2026. You are requested to kindly take the aforesaid on record. Thanking you, Yours faithfully, For Max India Limited Trapti Company Secretary & Compliance Officer Encl.: As above MAX INDIA LIMITED CIN: L74999DL2019PLC464953 Corporate Office: Landmark House, 3rd Floor, Plot No. 65, Sector-44, Gurgaon - 122003, Haryana | www.maxindia.com +91 124 6984444 | Regd. Office: Max House, 1, Dr. Jha Marg, Okhla, New Delhi, India – 110020 Investor Release November 2026 BUSINESS PERFORMANCE & KEY HIGHLIGHTS Safe Harbour This presentation and the accompanying slides (the “Presentation”), which have been prepared by Max India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections. Financial Performance – Key Highlights of Q2FY’27 Financial Performance: Q2 revenue up 89% YoY, 44% QoQ; EBITDA loss down 55% YoY, 54% QoQ, emerging path to profitability CONSOLIDATED SEGMENT SEGMENT CONSOLIDATED *Revenue Residences for Seniors *Care Homes & AGEasy EBITDA Loss Rs 99.1 Cr Rs 50.5 Cr Rs 47.8 Cr Rs (-)11.4 Cr Q2FY’27 revenue Q2FY’27 revenue Q2FY’27 revenue Q2FY’27 EBITDA loss 89% YoY | 44% QoQ 156%YoY | 35% QoQ 59% YoY | 55% QoQ Reduced by; 55% YoY | 54% QoQ Q2FY’26 | Q1FY’27 Q2FY’26 | Q1FY’27 Q2FY’26 | Q1FY’27 Q2FY’26 | Q1FY’27 Rs 52.4 Cr | Rs 68.9 Cr Rs 19.7 Cr | Rs 37.4 Cr Rs 30.0 Cr | Rs 30.8 Cr Rs (-) 25.3 Cr | Rs (-) 24.9 Cr H1FY’26vs H1FY’27 H1FY’26vs H1FY’27 H1FY’26vs H1FY’27 H1FY’26vs H1FY’27 Rs 94.9 Cr vs Rs 167.8 Cr Rs 36.5 Cr vs Rs 87.8 Cr Rs 52.1 Cr vs Rs 78.6 Cr Rs (-) 48.4 Cr vs Rs (-) 36.4 Cr ~Rs 67 Cr ~Rs 686 Cr ~Rs 52 Cr ~Rs 395 Cr Surplus at Residences Total Assets Liquidity position Consolidated net worth *Consolidated and Care Homes & AGEasy revenues includes secondary revenue This information was prepared by Antara Senior Living Ltd. It is not to be used or relied upon by any 3rdparty without Antara’s written consent. Residences – Key Highlights of Q2FY’27 Residences: ~Rs 212 Cr sales collections in Q2 across Gurugram & Noida – E360 fully sold, Noida Phase I handovers under way GURUGRAM GURUGRAM NOIDA DEHRADUN E360(1) E361(2) Noida Phase I Doon (fully operational) 100% 247 / 360 127/340 Rs 6.5 Cr Units sold within July 2025 Units sold till Q2FY’27 Handovers completed till Q2FY’27 Q2 operations revenue Project progressing as planned Sales Velocity - 31 per month in Q2FY’27 Fully operational community 13.4%YoY | 5.6%QoQ Q2 collection Q2 collection Q2 collection Operations profit ~Rs 28.5 Cr ~ Rs 69.2 Cr ~ Rs 113.8 Rs 0.94 Cr YTD collection YTD collection YTD collection Profit growth ~Rs 51 Cr ~Rs 108.3 Cr ~144.6 Cr 24.9% YoY | 1.8% QoQ ~Rs 212 Cr ~70% ~Rs 17 Cr ~Rs 23 Cr Sales collections in Q2 E361units sold DM Fee collected in Q2FY’27 DM Fee collected in H1FY’27 (1) Developed by Max Estates Gurgaon Limited and managed by Antara; (2) Developedby Max Estates Gurgaon 2 Limited and managed by Antara This information was prepared by Antara Senior Living Ltd. It is not to be used or relied upon by any 3rdparty without Antara’s written consent. Care Homes & AGEasy – Key Highlights of Q2 FY’27 Scale delivered: Care Homes & Services revenue Rs 12.79 Cr (~40% YoY) and AGEasy revenue Rs 35 Cr (1.7x YoY) in Q2 SERVICES PRODUCTS Care Homes & Services AGEasy Rs 12.79 Cr Rs 35 Cr ~40% YoY ~6% QoQ ~1.7x YoY ~1.9x QoQ Q2 FY’27 revenue Q2 FY’27 revenue 178 → 304 (107%) → (63%) 3.9 Cr → 9.0 Cr 96 Cr → 180 Cr 12.5 Cr → 21.4 Cr 4.0 Cr → 5.8 Cr Move-ins Q2 FY’26 vs Q2 CM2 Q2 FY’26 vs Q2 FY’27 Care Home Revenue Q2 ARR (quarter exit) Q2 FY’26 Marketplace Revenue Q2 D2C Revenue Q2 FY’26 vs Q2 FY’27 FY’26 vs Q2 FY’27 vs Q2 FY’27 FY’26 vs Q2 FY’27 FY’27 (86%) → (19%) Rs 5.8K → 6.9K 6,765 → 13,042 4.4 Cr → 7.8 Cr 2.0 → 3.6 (37%) → (19%) CM1 of same beds (263) Q2 ARPOB Q2 FY’26 vs Q2 FY’27 Occupied Bed Days Q2 FY’26 Offline Revenue Q2 FY’26 vs Online ROAS Q2 FY’26 vs Q2 CM2 Q2 FY’26 vs Q2 FY’27 FY’26 vs Q2 FY’27 vs Q2 FY’27 Q2 FY’27 FY’27 10 patents applied; 4 granted ~199K+ NPS 49 89 Products Live (8 Design & 2 Utility) Social Media Followers In H1 FY’27 For senior-focused innovative products This information was prepared by Antara Senior Living Ltd. It is not to be used or relied upon by any 3rdparty without Antara’s written consent. BUSINESS AND FINANCIAL PERFORMANCE UPDATE Strong Brand Endorsement and Industry Recognition Strong endorsement for our brand Awards and Recognition • Residences (Doon): SAT index at ~89% in Q2FY27 (Q4FY26 87%). • Care Homes and services: SAT Index at 89.7% in Q2FY27 (Q1FY27 89.2%). ➢Sep 2026: AGEasy has been recognised as Service Provider of the • AGEasy: SAT index at 82% in Q2FY27 (Q1FY27 82%). Year – Medical Devices/Equipment (National) at the 6th Edition of the ET Healthcare Awards 2026. • AGEasy: NPS at 49 in H1FY’27. ➢HSSC accreditation for Care at Home services in Chennai achieved. ➢NABH accreditation received for 3 additional centres, taking Antara’s • Social media follower base ~199K+ total to 4—the highest among service providers in the country. Strong Support and Endorsement by Customers and Res [Showing first 8,000 characters — download PDF for full document]