Product Launched Diversified NSE: MAXIND ·

Max India Subsidiary Antara Launches Robotic Rehab for Stroke Patients in Bengaluru

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Max India Subsidiary Antara Launches Robotic Rehab for Stroke Patients in Bengaluru

Max India Ltd — Product Launched · MAXIND

Market Cap

₹876.19 Cr

Small Cap

Revenue Growth

58.07%

Qtr YoY

Revenue TTM

₹190.56 Cr

Operating

RSI

55.74

Neutral Zone

! Key Highlights

  • Introduction of ExoAtlet II wearable robotic suit for lower-limb and gait recovery
  • Targeting India's projected senior population of 347 million by the year 2050
  • Bengaluru facility upgraded to high-end tier of Indian robotic-assisted care centres
  • Specialist-led program directed by Physical Medicine and Rehabilitation doctors
  • Dual-robotic approach including specialized devices for hand and finger retraining

Max India's subsidiary, Antara Assisted Care Services, has introduced the ExoAtlet II robotic-assisted exoskeleton at its Bengaluru facility. This initiative integrates advanced gait-training technology with clinical rehabilitation for stroke and paralysis recovery, targeting the premium transition care market.

The Product — What It Is

ExoAtlet II is a wearable robotic suit designed to facilitate lower-limb and gait recovery through consistent, physiologically accurate steps. It fits around a patient’s legs and hips, enabling high-repetition therapy that is difficult to sustain manually. The technology is paired with a dedicated robotic device for hand and finger retraining at the Bannerghatta centre.

Clinical protocols are directed by specialists in Physical Medicine and Rehabilitation, ensuring that the exoskeleton's settings are calibrated to individual recovery goals for patients suffering from stroke, paralysis, or neurological conditions.

Commercial Opportunity

  • Rising demand driven by an estimated 347 million senior citizens in India by 2050
  • Stroke identified as a leading cause of adult-onset mobility loss in the domestic market
  • Strategic entry into the niche segment of robotic-assisted transition care
  • Addressing the functional recovery gap between acute hospital discharge and home care
  • Premium service positioning for specialized neurological and orthopaedic rehabilitation

Strategic Fit

The launch strengthens Antara’s specialist-led rehabilitation ecosystem, which operates under the broader Max India portfolio. By incorporating advanced robotics, the company enhances its multidisciplinary care model that spans physiotherapy, occupational therapy, and cognitive care. This move aligns with the group’s focus on high-acuity senior care services, moving beyond traditional residential living into specialized medical interventions.

The Bannerghatta facility now serves as a key pillar in Antara's transition care network, which currently maintains 485 beds across eight facilities in India's major metropolitan hubs.

Business Overview

Founded in 2013, Antara is the senior-care vertical of the 7-billion-dollar Max Group. It operates through two main business lines: Residences for Seniors and Assisted Care Services. The residential portfolio includes an established community in Dehradun and upcoming projects in Noida’s Sector-150 and Gurugram.

The Assisted Care arm includes Care Homes, Care at Home services, and the AGEasy direct-to-consumer brand, which has reportedly impacted over 7 lakh lives since its 2023 launch. The company continues to expand its footprint in Delhi-NCR, Bengaluru, and Chennai to meet increasing demand for professional geriatric care.

Max India Ltd — Financial Snapshot

BSE: 543223 · NSE: MAXIND · Diversified

Current Market Price ₹166.63 per share
Market Capitalisation ₹876.19 BSE Listed
Revenue (Annual) ₹190.56 Operating
Net Profit (Annual) ₹-121.85 Consolidated
P/E Ratio (TTM) -7.19× Sector: 25.1×
Promoter Holding 49.82% -0.07% QoQ
FII Holding 7.07% Current Qtr

"The introduction of ExoAtlet II at the Antara Care Home in Bannerghatta strengthens our rehabilitation and post-operative care ecosystem for neurological, orthopaedic, and geriatric patients, helping them regain functional independence and confidence as they recover."

— Ishaan Khanna, CEO, Antara Assisted Care Services

"Where robotic-assisted gait training is indicated, the exoskeleton’s settings are calibrated to the individual need and progressed as they improve."

— Lt Col (Dr) Faisal Husain, Medical Superintendent, Antara Assisted Care Services

Source Verified

Exchange filing by Max India Limited announcing the launch of robotic-assisted rehabilitation services by its subsidiary, Antara. Financial metrics from Trendlyne.

View Filing