Max India profit and loss

Latest FY26

Revenue: ₹191cr+31.0% on FY25
EBITDA: −₹106cr−₹119 cr in FY25
Net profit: −₹122cr−₹140 cr in FY25
EPS: −₹23.85−₹32.50 in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Expenses
	214	191	145	176	201	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	27.0	22.8	18.7	19.1	12.4
	241	213	164	195	213
	48.7	51.3	43.3	13.2	4.5
	8.6	1.4	−10.6	45.0	79.2
	95.1	94.8	96.6	78.2	54.3
	13.0	13.8	8.1	4.6	6.2
	26.7	25.1	18.8	10.2	8.5
	173	149	135	93.8	62.5
	365	335	291	245	215
	−112	−106	−119	−54.5	0.5
	−139	−131	−137	−64.7	−8.0
Profit
	−125	−122	−127	−50.1	−1.8
	−3.1	4.8	−12.6	0.0	0.0
	−128	−117	−139	−50.1	−1.8
	3.5	3.4	2.0	7.2	5.1
	−2.9	−2.5	−0.2	0.2	2.3
	0.6	0.9	1.8	7.4	7.4
	−4.3	−3.8	0.8	1.1	−1.3
	−132	−122	−140	−56.4	−10.4
	−128	−118	−141	−57.5	−9.1
	−0.7	0.7	1.2	−0.2	0.3
	−133	−121	−139	−56.6	−10.1
	−132	−122	−139	−56.4	−10.4
Per share
	−₹25.27	−₹23.85	−₹32.50	−₹13.08	−₹2.18
	−₹25.27	−₹23.85	−₹32.50	−₹13.08	−₹2.17
Other comprehensive income — detail
	−0.7	0.7	1.2	—	—
	−1.9	0.0	1.2	−0.2	0.3
	—	0.7	—	0.0	0.0
	−133	−121	—	−56.6	−10.1
Per share — as-filed variants
	−₹25.27	−₹23.85	−₹32.50	−₹13.08	−₹2.18
	−₹25.27	−₹23.85	−₹32.50	−₹13.08	−₹2.17
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	156	138	113	118	117
	73.2%	72.3%	77.5%	66.9%	58.4%
Adjusted (ex-exceptional items) — derived
	−125	−122	−127	−50.1	−1.8
	−3.1	4.8	−12.6	0.0	0.0
	−129	−127	−128	−56.4	−10.4
	−₹24.67	−₹24.79	−₹29.58	−₹13.08	−₹2.18

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

MAXIND₹150.26

Max India Limited

· Banking & Finance

Annual Quarterly₹ CrorePeersHEXATRADEX VLSFINANCE BLAL JINDALPHOT AFSL JPOLYINVST VHL STELMcap ₹789 Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Revenue from Operations	201.0	175.6	145.5	190.6	213.6
Other Income	12.4	19.1	18.7	22.8	27.0
Total Income	213.5	194.7	164.2	213.4	240.6
Expenses
+ Cost of Materials Consumed	4.5	13.2	43.3	51.3	48.7
+ Changes in Inventories	79.2	45.0	-10.6	1.4	8.6
+ Employee Benefit Expense	54.3	78.2	96.6	94.8	95.1
+ Finance Costs	6.2	4.6	8.1	13.8	13.0
+ Depreciation & Amortisation	8.5	10.2	18.8	25.1	26.7
+ Other Expenses	62.5	93.8	134.7	148.9	173.1
Total Expenses	215.2	244.9	290.9	335.3	365.2
EBITDA	0.5	-54.5	-118.5	-105.9	-111.8
EBIT	-8.0	-64.7	-137.4	-131.0	-138.5
Profit
PBT before Exceptional Items	-1.8	-50.1	-126.7	-122.0	-124.5
+ Exceptional Items	0.0	0.0	-12.6	4.8	-3.1
Pretax Income	-1.8	-50.1	-139.3	-117.2	-127.6
+ Current Tax	5.1	7.2	2.0	3.4	3.5
+ Deferred Tax	2.3	0.2	-0.2	-2.5	-2.9
Tax Expense	7.4	7.4	1.8	0.9	0.6
+ Share of Associates & JVs	-1.3	1.1	0.8	-3.8	-4.3
Net Income	-10.4	-56.4	-140.4	-121.9	-132.5
+ Net Income — Continuing Ops	-9.1	-57.5	-141.1	-118.1	-128.2
+ Other Comprehensive Income	0.3	-0.2	1.2	0.7	-0.7
Total Comprehensive Income	-10.1	-56.6	-139.2	-121.2	-133.2
Net Income to Common	-10.4	-56.4	-139.2	-121.9	-132.5
Per Share
Basic EPS	-2.18	-13.08	-32.50	-23.85	-25.27
Diluted EPS	-2.17	-13.08	-32.50	-23.85	-25.27
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	1.2	0.7	-0.7
+ Items NOT to be Reclassified to P&L	0.3	-0.2	1.2	0.0	-1.9
+ Items to be Reclassified to P&L	0.0	0.0	—	0.7	—
Comprehensive Income — Owners of Parent	-10.1	-56.6	—	-121.2	-133.2
Per Share — as-filed variants
Basic EPS — Continuing Operations	-2.18	-13.08	-32.50	-23.85	-25.27
Diluted EPS — Continuing Operations	-2.17	-13.08	-32.50	-23.85	-25.27
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	117.3	117.5	112.8	137.8	156.4
Gross Margin %	58.35	66.91	77.51	72.33	73.21
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	-1.8	-50.1	-126.7	-122.0	-124.5
− Exceptional Items (reconciliation)	0.0	0.0	-12.6	4.8	-3.1
Net Income Adj (tax-effected)	-10.4	-56.4	-127.8	-126.6	-129.4
EPS Adj	-2.18	-13.08	-29.58	-24.79	-24.67
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	10.00	10.00	10.00	10.00	10.00
Paid Up Equity Capital	43.0	43.2	43.6	52.5	52.6

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.