Max India Limited

BSE: 543223 NSE: MAXIND
Max India Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L74999MH2019PLC320039 Incorporated 23 January 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: MAXIND · BSE: 543223 Public Limited Company business outsourcing
Data last updated
Market Cap
₹839 Cr
MAXIND · NSE
Share Price
₹149.38
+0.30% today
Revenue
₹226 Cr
FY 2025-26 · +22.4% YoY
EBITDA
−₹88.71 Cr
Margin -39.3%
Net Profit
−₹126 Cr
FY 2025-26 · +1.2% YoY
Debt / Equity
0.26
Interest cover -12.1x
Authorised capital
₹60.05 Cr
Registered with MCA
Paid-up capital
₹52.52 Cr
Issued & subscribed

About Max India Limited

Data last updated:

Max India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 January 2019 and has been in existence for over 7 years.

Its director Analjit Singh and family are #326 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74999MH2019PLC320039. Its GSTIN is 27AARCA8316K1Z5 (Maharashtra). The company holds 5 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 543223 and NSE: MAXIND.

The company has an authorised share capital of ₹60.05 Cr and a paid-up capital of ₹52.52 Cr. It was formerly known as Advaita Allied Health Services Limited. It is led by directors including Rajit Mehta (Managing Director) and Mohit Talwar.

Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 167 Floor 1 Plot – 167A Ready Money Mansion Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹225.71 Cr, a growth of 22.4% compared to the previous year. For the same year it recorded a net loss of ₹125.93 Cr (net margin -55.8%) and EBITDA of -₹88.71 Cr (EBITDA margin -39.3%). The net worth stands at ₹408.31 Cr (up 13.8% YoY). Total assets are valued at ₹516.65 Cr (up 9.2% YoY).

Its group structure includes 5 subsidiaries.

The company is associated with 2 brands: Max Antara and Max India. As per MCA filings, the company has satisfied charges of ₹245 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxindia.com.

Company details

CIN L74999MH2019PLC320039
Registration Number 320039
Incorporation Date 23 January 2019
ROC Mumbai
Listing Status Listed - Listed on NSE (MAXIND); Listed on BSE (543223)
Company Status Active
Date of Last AGM 03 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Max India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999MH2019PLC320039, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74999MH2019PLC320039Current
U74999MH2019PLC320039Previous
L74999DL2019PLC464953Previous
Key People
Rajit Mehta Managing Director Sandeep Pathak Cfo Mohit Talwar Director

Recognitions & Rankings of Max India

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Max India Limited's registered office is in Mumbai, Maharashtra. Its website is maxindia.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    maxindia.com
  • Social Media
  • Registered Address
    167 Floor 1 Plot – 167A Ready Money Mansion Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Max India Limited, buy the company report.

Comprehensive company report
Max India Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Max India operates two associated brands: Max Antara and Max India. Each brand links to its own profile.

BrandDescriptionWebsite
Max Antara
Operates a senior living community with residential and care services for older adults.max-antara.in
Max India
Online platform for senior care and assisted living servicesmaxindia.com

Business activity

The main business activities of Max India are administrative and support service activities, financial and insurance service and real estate. In detail, this covers rental and leasing activities, other financial activities and real estate activities with own or leased property. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities77Rental and leasing activities
KFinancial and insurance ServiceK8Other financial activities
LReal EstateL1Real estate activities with own or leased property
MProfessional, Scientific and TechnicalM3Management consultancy activities

To see the full business activity and turnover split of Max India Limited, buy the company report.

Financials of Max India Limited

FY 2025-26 filings available

Max India Limited reported revenue of ₹225.71 Cr (up 22.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹226 Cr
+22.4% YoY
EBITDA
−₹88.71 Cr
+22.2% YoY
Profit After Tax
−₹126 Cr
+1.2% YoY
Net Worth
₹408 Cr
+13.8% YoY
Total Assets
₹517 Cr
+9.2% YoY
Total Debt
₹96.21 Cr
-6.0% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue226184200212233128213
Revenue growth+22.4%-7.9%-5.4%-9.2%+82.4%-40.0%-
EBITDA(88.71)(114)(39.49)9.98(4.79)(30.66)(53.08)
EBITDA margin-39.3%-61.8%-19.7%+4.7%-2.1%-24.0%-24.9%
Profit before tax(121)(139)(49.03)(3.00)(18.03)(63.77)237
Net profit(126)(127)(55.32)(10.89)(11.12)(45.23)(296)
Net profit margin-55.8%-69.1%-27.6%-5.1%-4.8%-35.4%-138.7%
EPS (₹)(23.20)(32.21)(13.06)(2.41)(3.00)(9.88)55.23
Balance sheet
Total assets517473549595709806897
Net worth408359492542641653706
Total debt96.2110243.5645.2960.76145182
Cash & bank77.0711020992.9323.3424.1112.23
Net working capital21167.96157237242228300
Cash flow
Cash from operations(94.72)(128)(102)69.4266.5072.67(18.98)
Cash from investing(49.71)46.8215912417.5012.52(526)
Cash from financing148(12.55)(29.00)(119)(93.94)(73.31)557
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue86.7959.7465.6343.1045.1636.6741.5234.74
Revenue growth (YoY)+92.2%+62.9%+58.1%+24.1%+5.6%+38.6%--
Other income8.858.886.416.715.0112.553.954.90
EBITDA(20.15)(34.38)(15.21)(38.59)(31.04)(27.92)(41.17)(42.24)
EBITDA margin-23.2%-57.5%-23.2%-89.5%-68.7%-76.1%-99.2%-121.6%
Depreciation7.387.377.306.095.945.775.255.03
Interest3.012.722.763.454.063.522.832.04
Profit before tax(21.69)(35.59)(18.86)(41.42)(36.03)(24.66)(45.30)(44.41)
Tax0.560.690.431.43(1.96)0.980.790.19
Net profit(22.25)(36.28)(19.29)(42.85)(34.07)(25.64)(46.09)(44.60)
EPS (₹)(4.02)(6.91)(3.67)(8.17)(6.52)(5.44)(10.67)(10.03)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue10.9520.5431.2932.7533.7138.9673.61
Revenue growth-46.7%-34.4%-4.5%-2.9%-13.5%-47.1%-
EBITDA(9.07)(1.14)3.949.009.80(0.02)(118)
EBITDA margin-82.8%-5.6%+12.6%+27.5%+29.1%-0.1%-159.9%
Profit before tax(3.43)(4.47)1.6411.317.61(2.61)(120)
Net profit(9.62)(3.86)1.328.716.2618.51(13.15)
Net profit margin-87.9%-18.8%+4.2%+26.6%+18.6%+47.5%-17.9%
EPS (₹)(0.30)(0.95)0.292.831.171.61(22.92)
Balance sheet
Total assets1,040875875860937931924
Net worth1,033865864858936928919
Total debt4.424.905.500.790.150.650.73
Cash & bank39.980.2173.650.320.360.920.41
Net working capital75.33(6.80)14823125312063.61
Cash flow
Cash from operations(24.22)(8.98)(17.02)(17.38)(7.96)18.84(0.05)
Cash from investing(138)7.7116.721097.84(18.17)0.00
Cash from financing1661.270.17(91.81)(0.45)(0.17)0.05
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1.281.511.763.133.142.853.304.59
Revenue growth (YoY)-59.2%-47.0%-46.7%-31.8%-42.0%-51.1%--
Other income0.250.030.100.010.048.560.150.07
Total expenses5.255.035.485.275.644.195.994.99
EBITDA(3.97)(3.52)(3.72)(2.14)(2.50)(1.34)(2.69)(0.40)
EBITDA margin-310.2%-233.1%-211.4%-68.4%-79.6%-47.0%-81.5%-8.7%
Depreciation0.260.250.260.280.350.380.380.80
Interest0.120.120.080.130.130.830.200.20
Profit before tax(4.10)(3.86)(3.96)(2.54)(2.94)6.01(3.12)(1.33)
Tax(0.23)(0.08)(0.28)0.66(2.52)0.300.27(0.38)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue86.7959.7465.6343.1045.1636.6741.5234.74
Revenue growth (YoY)+92.2%+62.9%+58.1%+24.1%+5.6%+38.6%--
Other income8.858.886.416.715.0112.553.954.90
EBITDA(20.15)(34.38)(15.21)(38.59)(31.04)(27.92)(41.17)(42.24)
EBITDA margin-23.2%-57.5%-23.2%-89.5%-68.7%-76.1%-99.2%-121.6%
Depreciation7.387.377.306.095.945.775.255.03
Interest3.012.722.763.454.063.522.832.04
Profit before tax(21.69)(35.59)(18.86)(41.42)(36.03)(24.66)(45.30)(44.41)
Tax0.560.690.431.43(1.96)0.980.790.19
Net profit(22.25)(36.28)(19.29)(42.85)(34.07)(25.64)(46.09)(44.60)
EPS (₹)(4.02)(6.91)(3.67)(8.17)(6.52)(5.44)(10.67)(10.03)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue226184200212233128213
Revenue growth+22.4%-7.9%-5.4%-9.2%+82.4%-40.0%-
Other income6.652.335.281.704.131.66325
Total expenses314298240202238159266
Employee cost94.7696.5778.2054.3257.7988.43106
EBITDA(88.71)(114)(39.49)9.98(4.79)(30.66)(53.08)
EBITDA margin-39.3%-61.8%-19.7%+4.7%-2.1%-24.0%-24.9%
Depreciation25.1018.8210.158.457.0910.378.34
Interest13.798.064.676.2310.2824.4027.09
Profit before tax(121)(139)(49.03)(3.00)(18.03)(63.77)237
Tax0.881.817.357.38(1.90)(10.66)5.22
Net profit(126)(127)(55.32)(10.89)(11.12)(45.23)(296)
Net profit margin-55.8%-69.1%-27.6%-5.1%-4.8%-35.4%-138.7%
EPS (₹)(23.20)(32.21)(13.06)(2.41)(3.00)(9.88)55.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital52.5243.5943.1743.0353.7953.7953.79
Reserves & surplus306305440495586599652
Shareholders' funds (net worth)408359492542641653706
Minority interest0.000.000.000.000.000.000.00
Secured loans1.751.431.1822.4140.36122171
Unsecured loans94.4610142.3822.8820.4022.3811.70
Total debt96.2110243.5645.2960.76145182
Total liabilities517473549595709806897
Assets
Gross block305258274239233228210
Net block194170193159159156144
Capital work in progress2.2820.699.680.000.000.000.53
Investments33.9753.3363.4683.46178334414
Inventories15.5216.646.1351.01130249226
Sundry debtors37.1022.084.942.865.717.4214.08
Cash & bank balances77.0711020992.9323.3424.1112.23
Loans & advances23478.4271.43248232135175
Total current assets363227292394392416427
Total current liabilities153159134157149188127
Net working capital21167.96157237242228300
Total assets517473549595709806897
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash22.7011688.7313.7823.7312.230.00
Net cash from operating activities(94.72)(128)(102)69.4266.5072.67(18.98)
Net cash from investing activities(49.71)46.8215912417.5012.52(526)
Net cash from financing activities148(12.55)(29.00)(119)(93.94)(73.31)557
Net change in cash3.89(93.34)27.3074.94(9.94)11.8812.23
Closing cash77.0711020992.9323.3424.1112.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+22.4%-7.9%-5.4%-9.2%+82.4%-40.0%-
EBITDA growth+22.2%-188.7%-495.7%+308.4%+84.4%+42.2%-
PBT growth+12.7%-182.6%-1534.3%+83.4%+71.7%-+9997.0%
Net income growth+1.2%-130.5%-408.0%+2.1%+75.4%+84.7%-
Revenue CAGR (3Y)+2.2%-7.5%+16.1%-0.2%---
EBITDA CAGR (3Y)-+187.7%+8.8%----
Profitability & leverage
Net income margin-54.0%-76.1%-28.2%-4.9%-6.9%-41.5%+108.6%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%-37.3%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%-51.2%
Debt / equity0.260.170.090.090.160.240.26
Long-term debt / equity0.240.160.080.080.130.190.21
Interest cover-12.12-6.07-9.41407.19-86.53-59.47-44.11
Efficiency & per share
Fixed asset turnover0.830.700.800.901.030.592.56
Inventory turnover14.4516.407.192.351.250.552.38
Debtors turnover7.8513.8252.7049.8236.1712.0538.25
EPS (₹)(23.20)(32.21)(13.06)(2.41)(3.00)(9.88)55.23
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)68.2379.95111.97125.15118.99121.44131.18
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue1.281.511.763.133.142.853.304.59
Revenue growth (YoY)-59.2%-47.0%-46.7%-31.8%-42.0%-51.1%--
Other income0.250.030.100.010.048.560.150.07
Total expenses5.255.035.485.275.644.195.994.99
EBITDA(3.97)(3.52)(3.72)(2.14)(2.50)(1.34)(2.69)(0.40)
EBITDA margin-310.2%-233.1%-211.4%-68.4%-79.6%-47.0%-81.5%-8.7%
Depreciation0.260.250.260.280.350.380.380.80
Interest0.120.120.080.130.130.830.200.20
Profit before tax(4.10)(3.86)(3.96)(2.54)(2.94)6.01(3.12)(1.33)
Tax(0.23)(0.08)(0.28)0.66(2.52)0.300.27(0.38)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue10.9520.5431.2932.7533.7138.9673.61
Revenue growth-46.7%-34.4%-4.5%-2.9%-13.5%-47.1%-
Other income8.080.250.974.790.140.250.69
Total expenses20.0221.6827.3523.7523.9138.98191
Employee cost9.4812.2312.6010.029.799.4928.69
EBITDA(9.07)(1.14)3.949.009.80(0.02)(118)
EBITDA margin-82.8%-5.6%+12.6%+27.5%+29.1%-0.1%-159.9%
Depreciation1.282.782.682.242.172.683.08
Interest1.160.800.590.240.160.160.05
Profit before tax(3.43)(4.47)1.6411.317.61(2.61)(120)
Tax(1.84)(0.31)0.41(0.85)1.33(11.27)3.09
Net profit(9.62)(3.86)1.328.716.2618.51(13.15)
Net profit margin-87.9%-18.8%+4.2%+26.6%+18.6%+47.5%-17.9%
EPS (₹)(0.30)(0.95)0.292.831.171.61(22.92)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital52.5243.5943.1743.0353.7953.7953.79
Reserves & surplus935814821815882874865
Shareholders' funds (net worth)1,033865864858936928919
Secured loans0.000.000.000.000.000.000.00
Unsecured loans4.424.905.500.790.150.650.73
Total debt4.424.905.500.790.150.650.73
Total liabilities1,040875875860937931924
Assets
Gross block7.9310.3711310710610297.30
Net block5.586.9810399.2399.1997.8293.81
Capital work in progress0.000.000.000.000.000.000.00
Investments956779623523577675735
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.030.880.170.610.363.544.71
Cash & bank balances39.980.2173.650.320.360.920.41
Loans & advances38.212.0879.0723725911966.15
Total current assets78.223.1715323826012471.27
Total current liabilities2.899.975.146.926.723.537.66
Net working capital75.33(6.80)14823125312063.61
Total assets1,040875875860937931924
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.210.200.320.360.920.410.00
Net cash from operating activities(24.22)(8.98)(17.02)(17.38)(7.96)18.84(0.05)
Net cash from investing activities(138)7.7116.721097.84(18.17)0.00
Net cash from financing activities1661.270.17(91.81)(0.45)(0.17)0.05
Net change in cash3.550.01(0.12)(0.03)(0.56)0.500.00
Closing cash39.980.2173.650.320.360.920.41
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-46.7%-34.4%-4.5%-2.9%-13.5%-47.1%-
EBITDA growth-695.6%-128.9%-56.2%-8.2%-+100.0%-
PBT growth+23.3%--85.5%+48.6%+9998.0%+97.8%+9997.0%
Net income growth-149.2%-392.4%-84.9%+39.1%-66.2%+240.8%-
Revenue CAGR (3Y)-30.6%-15.2%-7.1%-23.7%---
Profitability & leverage
Net income margin-14.5%-20.3%+3.9%+37.1%+18.6%+22.2%-167.4%
Return on capital employed0.0%0.0%+0.2%+0.7%+0.7%+1.1%-0.8%
Return on net worth0.0%0.0%+0.1%+0.9%+0.6%+1.9%-1.4%
Debt / equity0.000.010.000.000.000.000.00
Long-term debt / equity0.000.010.000.000.000.000.00
Interest cover-11.21-20.4146.833.552.10-5.93-0.04
Efficiency & per share
Fixed asset turnover2.080.340.290.350.330.390.76
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover41.8239.6082.7277.4017.369.5115.77
EPS (₹)(0.30)(0.95)0.292.831.171.61(22.92)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)187.98196.83200.13199.36173.95172.54170.89

To see the full year-wise statements and ratios of Max India Limited, buy the company report.

Board of directors and KMP of Max India Limited

Max India Limited currently reports 9 directors and 1 key managerial person. 6 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Rajit Mehta
Also directs: Antara Purukul Senior Living Limited, Antara Senior Living Limited, Antara Assisted Care Services Limited and 5 more
Managing Director15 Jan 20215 Years 9 MonthsCurrent
Mohit Talwar
Also directs: Axis Max Life Insurance Limited
Director15 Jan 20215 Years 9 MonthsCurrent
Niten Malhan
Also directs: Max Estates Limited, Nna Cre Properties LLP, New Mark Advisors LLP and 5 more
Director01 Feb 20215 Years 9 MonthsCurrent
Rohit KapoorDirector25 May 20224 Years 5 MonthsCurrent
Tara Singh Vachani
Also directs: Max Ventures Investment Holdings Private Limited, Siva Realty Ventures Private Limited, Southend Houses Private Limited and 5 more
Director01 Jun 20206 Years 5 MonthsCurrent
Pradeep Pant
Also directs: Axis Max Life Insurance Limited
Director01 Jun 20206 Years 5 MonthsCurrent
Showing 6 of 10 current directors and KMP. View all directors and KMP

Auditor

Max India Limited is audited by Ravi Rajan & Co. Llp for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Ravi Rajan & Co. LlpFY 2024009073N/N500320

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 49.80%, foreign institutional investors hold 7.10%, domestic institutional investors hold 1.60% and retail and other public shareholders hold 41.50%.

Promoters: 49.80%DII (Domestic Institutional): 1.60%FII (Foreign Institutional): 7.10%Retail & Others: 41.50%
Sep 2026
QUARTER
49.80% Promoters
1.60% DII (Domestic Institutional)
7.10% FII (Foreign Institutional)
41.50% Retail & Others
Promoter holding - history
Now 49.80% · Sep 2026High 50.00% · Dec 2025Low 49.80% · Jun 2026
48%48.8%49.5%50.3%51%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 50.00%Mar 2026: 49.90%Jun 2026: 49.80%Sep 2026: 49.80%50.00%49.80%49.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters49.80%49.80%49.90%50.00%
Public50.20%50.20%50.10%50.00%

Charges & borrowings

Open charges
None
Satisfied charges
₹245 Cr
Breakdown by lending institutions
Others₹245.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Mar 2022100559269Others₹75 CrSatisfied
26 Oct 2020100380260Others₹170 CrSatisfied

To see the full charge records of Max India Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Max India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Max India has 5 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

5
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Antara Bangalore Senior Living LimitedU68100DL1994PLC060700
Antara Purukul Senior Living LimitedU74120UR1995PLC018283
Antara Senior Living LimitedU74140DL2011PLC218781
Antara Assisted Care Services LimitedU74140DL2012PLC244411
Max Skill First LimitedU85199DL2003PLC119249

To see the full group structure of Max India Limited, buy the company report.

Employees & EPFO

Max India Limited has 1 active EPFO establishment as of Apr 08, 2025.

Active EPFO establishments
1

GST

Max India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.

Total GSTINs
5
Active
5
GSTINStateStatusRegistered on
27AARCA8316K1Z5MaharashtraActive12 Feb 2020
07AAAAT5446Q1ZWDelhiActive01 Jul 2017
07AARCA8316K1Z7DelhiActive16 Oct 2020
09AARCA8316K1Z3Uttar PradeshActive27 Oct 2020

To see the full GST registrations and return filing status of Max India Limited, buy the company report.

Recent activity

Max India Limited has 20 board changes on record since 2019: 15 appointments and 5 cessations. The latest: Bhawna Agarwal ceased to be Director on 12 Oct 2023.

Filing
Max India Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Max India Limited last Annual general meeting of members was held on 03 Sep 2025 as per latest MCA records.
Charges
A charge registered on 29 Mar 2022 via Charge ID 100559269 with Others was fully satisfied on 13 Sep 2024.
Ceased
Bhawna Agarwal ceased to be Director.
Ceased
Ashok Kacker ceased to be Director.
Appointed
Ajit Singh was appointed as Director.
Appointed
Rohit Kapoor was appointed as Director.
Charges
A charge with Others amounted to Rs. 75.00 Cr with Charge ID 100559269 was registered on 29 Mar 2022.
Charges
A charge registered on 26 Oct 2020 via Charge ID 100380260 with Others was fully satisfied on 14 Mar 2022.
Appointed
Niten Malhan was appointed as Director.
Appointed
Bhawna Agarwal was appointed as Director.
Appointed
Mohit Talwar was appointed as Director.

15 earlier events are in the company report.

News

MAXIND: Q2 REVENUE 867.9M RUPEES VS 452M (YOY)
03 Nov 2026 · Exchange Update
MAXIND: Q2 CONS NET LOSS 222.5M RUPEES VS LOSS 341M (YOY)
03 Nov 2026 · Exchange Update
Max India: Antara Senior Care Finishes Handover of 200 Homes in Noida Senior Living Community, Achieving Important Milestone in Combined Residential and Wellness Services.
29 Oct 2026 · Exchange Update

Frequently asked questions

Max India is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 January 2019 (7+ years old) and is registered under CIN L74999MH2019PLC320039. Listed on BSE: 543223 and NSE: MAXIND.

Max India reported revenue of ₹225.71 Cr for FY 2025-26 (up 22.4% YoY) based on consolidated financials.

Max India has 10 current directors and KMP:

The latest financial statements of Max India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 September 2025. Year-wise statements from FY 2019 are in the company report.

The GSTIN of Max India is 27AARCA8316K1Z5, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 07AAAAT5446Q1ZW (Delhi), 07AARCA8316K1Z7 (Delhi), 09AARCA8316K1Z3 (Uttar Pradesh).

The CIN (Corporate Identification Number) of Max India is L74999MH2019PLC320039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Max India is a listed company as per MCA records. Its shares are listed on both BSE (code: 543223) and NSE (symbol: MAXIND).

Max India was incorporated on 23 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

Bhawna Agarwal ceased to be Director on 12 Oct 2023. Ashok Kacker ceased to be Director on 31 Aug 2023. Ajit Singh was appointed as Director on 25 May 2022. Max India has 20 board changes on record in total.

Max India can be reached through the website maxindia.com. Its registered office is in Mumbai, Maharashtra, India.