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Max India Limited — Call Transcript 2024
Jan 31, 2024
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Call Transcript
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January 31, 2024
Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001 Scrip Code: 543223
Listing Department National Stock Exchange of In d ia Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East) Mumbai – 400051 Name of Scrip: MAXIND
Sub: Schedule of Earnings Conference Call
Dear Sir/Madam,
Pursuant to Regulation 30 of t h e SEBI (Listing Obligations and Disclosure R equirements) Regulations, 2015, find attache d Earnings call details for investors and analy s ts to discuss Q3 & 9MFY24 results perform a nce of the Company, scheduled to be held on Thursday, February 8, 2024 at 4.30 p.m.
This disclosure will also be host e d on the Company's website viz. www.maxindia.com.
You are requested to kindly tak e the aforesaid on record.
Thanking you,
Yours faithfully,
For Max India Limited
Digitally signed by PANKAJ CHAWLA DN: c=IN, o=Personal, PANKAJ postalCode=110018, st=Delhi, serialNumber=08D508536019FACCBB5 C8CD933F9F092A6830DB99444E3AEE0 2AFFEE22EB4FC7, cn=PANKAJ CHAWLA CHAWLA Date: 2024.01.31 15:43:17 +05'30' Pankaj Chawla Company Secretary and Compliance Officer
Encl.: As above
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MAX INDIA LIMITED
Corporate Office: Level 21, Max Towers, Sector 16B, Noida – 201301
Max India Limited’s Investor & Analyst call on Thursday, 8[th] February at 4:30 PM IST
New Delhi, January 31, 2024
Max India Limited is organizing an audio conference call for Investor & Analyst to discuss Q3 & 9MFY24 results of Max India Limited. The call is scheduled for Thursday, 8th February at 4:30 PM IST .
Senior Management team from Max India and Antara will be present on the call.
Dial in details for the call
Details of the conference call are as follows:
Timing : 4:30 PM IST on Thursday, February 8[th] , 2024 Pre- Registration :[Diamond Pass] Conference dial-in Primary number :[+91 22 6280 1309 / +91 22 7115 8210 ] Hong Kong Local Access Number : 800 964 448 Singapore Local Access Number : 800 101 2045 UK Local Access Number : 0 808 101 1573 USA Local Access Number : 1 866 746 2133
About Max Group
The Max Group is a leading Indian multi-business conglomerate with a commanding presence in the Life Insurance industry and has ventured into high potential sectors of Senior Care and Real Estate. The Group recorded consolidated revenues of Rs. 31,781 Cr. in FY2023. It has a total customer base of ~4 million, around 400 offices spread across India and an employee strength of around 20,000 as on 31st March 2023.
The Max Group comprises three holding companies - Max Financial Services Limited, Max India Limited and Max Estates Limited, which are listed on the Indian stock exchanges.
The Group’s investor base includes marquee global financial institutions such as MSI, Ward ferry, New York Life, Capital, Baron, GIC, Vanguard, First Voyager, Habrok Capital, Jupiter, Blackrock, and the Asset Management Companies of Mirae, Nippon, HDFC, ICICI Prudential, DSP, UTI, Motilal Oswal, Canara Robeco, Sundaram, HDFC Life, Aditya Birla Sun Life, and Kotak.
About Max India Limited:
MIL is the holding company of Max Group’s Senior Care business i.e. Antara Senior Living Limited (Residences for Seniors) and Antara Assisted Care Services Limited (Care Homes, Care at Home, MedCare and AGEasy)
Max India investor list includes: Habrok Capital, TVF, Nomura, Ullhas Paymaster, Ritesh Oswal, Porinju Veliyath, Value Prolific and Aionios Alpha.
About Antara:
In 2013, Antara’s launched its first residential community in Dehradun comprises 197 apartments spread across 14 acres of land, all units are sold as of Dec’23 end. The vibrant community of seniors in Dehradun experience a life of security, convenience, lifecare and comprehensive benefit, which is reflected in the high resident satisfaction score ~90%.
In 2020, Antara launched its second community in Sector-150, Noida. With 340 apartments in its first phase of development, which all units are sold as of Mar’23 end, it will cater to the social, recreational, educational, wellness, and healthrelated needs of seniors. It is expected to be ready for possession by early 2025 .
Antara’s Assisted Care Services include ‘Care Homes’, ‘Care at Home’, ‘MedCare’ and ‘AGEasy’ products and services. This line of business caters to seniors, who need more immersive interventions in their daily lives due to medical or age-related issues. Starting with its first facility in Gurugram, Antara has now ~70 beds across Delhi NCR, plan to increase bed capacity to 360 beds by FY24. This includes proposed additions of ~200 beds in Bengaluru and 100 beds in Delhi NCR &
Chennai by FY24 end. The Care Homes provide long-term care to seniors who require constant medical and nursing supervision, and short-term care services for the recuperation of seniors.
Antara plans to develop 8 -10 communities for Seniors and build bed capacity of ~ 2,000 beds in Care Homes over next 5-6 years. Its Care at Home services provides well-equipped, medically trained professionals offering care to seniors inside their home’s comfort. The MedCare product services vertical is a one-stop platform for the daily medical equipment needs of seniors. AGEasy is Phygital platform which provide unique suite of product and service solutions to manage chronic health conditions of seniors.
For more information, please visit www.antaraseniorcare.com
For more information on the Company, please visit www.maxindia.com
Investor Contact:
| Company: | Investor Relations Advisors: |
|---|---|
| Max India Limited Strategic Growth Advisors Pvt. Ltd. |
|
| CIN: L74999MH2019PLC320039 | CIN: U74140MH2010PTC204285 |
| Mr. Ajay Agrawal (Head - Investor Relations) Mr. Nishant Kumar (Investor Relations) |
Mr. Rahul Agarwal Mr. Aakash Mehta |
| [email protected] [email protected] |
[email protected] [email protected] |
| +91 120 4954403 / +91 120 4696000 (Extn. 117) | +91 9821438864 / +91 9870679263 |
| www.maxindia.com | www.sgapl.net |