Max India Limited

rs,

dra (E), Mumbai — 400051 Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai — 400 001 NSE Scrip Symbol: MAXIND BSE Scrip Code: 543223 Sub: Investor

88%

tments have been handed over Buzzing Community with 180+ residents; Resident satisfaction score at 88% NOIDA All units of Phase I sold Construction on track for all three towers; finishing work und

1.5 million

graphies Discussion ongoing with landowners in Pune, Chandigarh, Goa & Chennai Target to achieve 1.5 million square feet of construction every year for next 4-5 years 3 Assisted care update: 3 Care homes (~

rs 3

Goa & Chennai Target to achieve 1.5 million square feet of construction every year for next 4-5 years 3 Assisted care update: 3 Care homes (~150-200 beds) in Bengaluru; Search initiated for ~100 beds in

21%

siness verticals in Q2FY24 sequentially q-o-q over Q1, Q2FY24 Consolidated Revenue and EBITDA grew 21% and >100% over Q1FY24 Consolidated Revenue Consolidated EBITDA^ Treasury & Other Assets Consoli

100%

rticals in Q2FY24 sequentially q-o-q over Q1, Q2FY24 Consolidated Revenue and EBITDA grew 21% and >100% over Q1FY24 Consolidated Revenue Consolidated EBITDA^ Treasury & Other Assets Consolidated Net

Rs 55

Consolidated Revenue Consolidated EBITDA^ Treasury & Other Assets Consolidated Net worth Q2FY24 Rs 55 Cr [Rs 61 Cr] -10% H1FY24 Rs 101 Cr [Rs 107 Cr] -6% Q2FY24 Rs 1.5 Cr [Rs 5.1 Cr] -71% H1FY24 R

Rs 61

ed Revenue Consolidated EBITDA^ Treasury & Other Assets Consolidated Net worth Q2FY24 Rs 55 Cr [Rs 61 Cr] -10% H1FY24 Rs 101 Cr [Rs 107 Cr] -6% Q2FY24 Rs 1.5 Cr [Rs 5.1 Cr] -71% H1FY24 Rs (5.4) Cr

10%

Consolidated EBITDA^ Treasury & Other Assets Consolidated Net worth Q2FY24 Rs 55 Cr [Rs 61 Cr] -10% H1FY24 Rs 101 Cr [Rs 107 Cr] -6% Q2FY24 Rs 1.5 Cr [Rs 5.1 Cr] -71% H1FY24 Rs (5.4) Cr [Rs 6.3

Rs 101

EBITDA^ Treasury & Other Assets Consolidated Net worth Q2FY24 Rs 55 Cr [Rs 61 Cr] -10% H1FY24 Rs 101 Cr [Rs 107 Cr] -6% Q2FY24 Rs 1.5 Cr [Rs 5.1 Cr] -71% H1FY24 Rs (5.4) Cr [Rs 6.3 Cr] Monetisable

Rs 107

reasury & Other Assets Consolidated Net worth Q2FY24 Rs 55 Cr [Rs 61 Cr] -10% H1FY24 Rs 101 Cr [Rs 107 Cr] -6% Q2FY24 Rs 1.5 Cr [Rs 5.1 Cr] -71% H1FY24 Rs (5.4) Cr [Rs 6.3 Cr] Monetisable Assets Rs

6%

er Assets Consolidated Net worth Q2FY24 Rs 55 Cr [Rs 61 Cr] -10% H1FY24 Rs 101 Cr [Rs 107 Cr] -6% Q2FY24 Rs 1.5 Cr [Rs 5.1 Cr] -71% H1FY24 Rs (5.4) Cr [Rs 6.3 Cr] Monetisable Assets Rs 530 Cr+

Balance from Customers collections

1

Balance from Customers collections

~Rs 770crore 15-17% 57% 9 Noida Phase I – Construction on track, Top floor slab completed for all residences Oct’23 Oct’23 10 Noida Phase I – External & Internal finishing work Lift Lobby Wall Tiling Option R2 External Paint Colour Shade Common Area Flooring 11 Care Homes/ Memory Care Homes Care Home (CH): Net revenue at Rs 1.34 Cr in Q2FY24, adjusted for inoperative Care Homes revenue grew 45% y-o-y Occupancy trend at Care Homes (bed days) Care Homes Revenue (Rs Lacs) 1966 1710 1427 1720 4000 3200 2400 1600 800 0 2454 211 Q2FY23 Q3FY23 Q4FY23 34% YoY 2184 2284 6 Q1FY24 62 Q2FY24 240 210 180 150 120 90 60 30 0 113.8 89.8 150.7 45% YoY 129.2 130.4 79.2 85.9 Q2FY23 Q3FY23 7.3 Q4FY23 0.2 Q1FY24 3.3 Q2FY24 Inoperative CH Operative CH Inoperative CH Operative CH Contribution margin at -9%* in Q2FY24 (Q2FY23 -12%*) Outlook ❖ Optimize Occupancy in existing Care homes ❖ Accelerate scale-up within and outside NCR in FY24. Plan to add ~ 300 beds ❖ Shift to Full service model ^ Revenue reported a