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Max Financial Services Ltd.

Max Financial

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NSE

BSE

EX-DatePurpose
08 06 2021 Audited Results
10 08 2021 Quarterly Results
09 11 2021 Quarterly Results
28 01 2022 Quarterly Results
10 05 2022 Audited Results
01 08 2022 Quarterly Results
19 10 2022 Quarterly Results
31 01 2023 Quarterly Results
12 05 2023 Audited Results
09 08 2023 Quarterly Results
31 10 2023 Quarterly Results
07 05 2024 Audited Results
22 10 2024 Quarterly Results
04 02 2025 Quarterly Results
13 05 2025 Audited Results
07 08 2025 Quarterly Results

News

01-FEB-2023

Max Financial Services reports over 2 fold jump in Q3 consolidated net profit

Total consolidated income of the company increased 27.95% at Rs 8898.35 crore for Q3FY23

11:41 AM
01-JUN-2023

Max Financial Services’ JV achieves claims paid ratio of 99.51% in FY23

Max Life has consistently improved its claims-paid ratio from 98.74% in FY19 to 99.51% in FY23

11:07 AM
02-AUG-2022

Max Financial Services reports 91% rise in Q1 consolidated net profit

Total consolidated income of the company decreased by 44.88% at Rs 3275.89 crore for Q1FY23

03:24 PM
05-FEB-2025

Max Financial Services reports 59% fall in Q3 consolidated net profit

Total consolidated income of the company decreased by 27.77% at Rs 8927.35 crore for Q3FY25

03:28 PM
06-AUG-2022

Max Financial Services’ arm launches ‘Max Life Smart Secure Easy Solution’

With this solution, Max Life also offers coverage against 64 listed critical illnesses, including 5 minor and 59 major illnesses, and covers total and permanent disability

12:51 PM
06-FEB-2025

Max Financial Services’ JV launches Axis Max Life Smart Term Plan Plus

It offers a benefit to receive up to 200% of the total premium, paid-back as a special exit value with no additional premium to be paid to avail this benefit

11:10 AM
09-DEC-2022

Max Financial Services acquires balance 5.17% stake in Max Life from MSI

After the aforesaid transaction, the shareholding held by the Company in Max Life stands increased to 87%

12:30 PM
09-MAY-2023

Max Financial Services’ JV partners with Indian Industries Association

The partnership aims to provide life insurance plans to the workforce of MSMEs in Uttar Pradesh

11:38 AM
10-AUG-2023

Max Financial Services reports 48% rise in Q1 consolidated net profit

Total consolidated income of the company reported over 2- fold jump at Rs 9171.46 crore for Q1FY24

12:00 PM
10-SEP-2022

Max Financial Services’ arm launches ’Smart Flexi Protect Solution’

A three-in-one offering that provides health and enhanced life cover, along with market-linked investment returns

11:42 AM
11-NOV-2024

Max Financial Services’ JV partners with Rebuscode

This collaboration aims to leverage Numr’s advanced analytics capabilities to deepen Max Life’s understanding of customer needs

11:11 AM
13-JAN-2023

Max Financial Services’ JV achieves death claims paid ratio of 99.34% in FY22

With this, Max Life has surpassed the coveted 99% benchmark for three consecutive financial years

03:41 PM
13-JUN-2023

Max Financial Services’ JV launches smart wealth advantage growth par plan

The plan combines the power of ’Protection, Liquidity, and Flexibility’ into a simple solution

11:07 AM
14-JUN-2022

Max Financial Services’ arm disburses 30,830 death claims in FY22

With this, the Company has surpassed the coveted 99% benchmark for the third year in a row

03:25 PM
15-MAY-2023

Max Financial Services reports 64% fall in Q4 consolidated net profit

Total consolidated income of the company increased by 10.84% at Rs 9934.23 crore for Q4FY23

12:19 PM
18-DEC-2023

Max Financial Services’ JV launches Smart Total Elite Protection Plan

This plan aims to enhance financial security in today’s landscape

02:59 PM
18-MAR-2025

Max Financial Services’ JV launches Axis Max Life Smart Innovation Fund

The fund will be open for subscription from March 5, 2025, to March 20, 2025

10:59 AM
20-JUN-2023

Max Financial Services’ JV buys stake in Capital Small Finance Bank for Rs 49.50 crore

Max Life Insurance Company has been allotted a total of 10.57 lakh equity shares

03:40 PM
20-OCT-2022

Max Financial Services’ Q2 consolidated net profit rises 29%

Total consolidated Income of the company decreased by 0.05 % to Rs 9,322.59 crore for Q2FY23

11:08 AM
21-AUG-2023

Max Financial Services’ JV launches NIFTY Smallcap Quality Index Fund

The New Fund Offer window will remain open till August 25, 2023, at Rs 10 per unit, applicable only during the NFO period

04:22 PM
21-FEB-2025

Max Financial Services’ JV launches STAR ULIP

The product is designed to help customers secure their financial future while also offering opportunities for long-term wealth creation

11:50 AM
21-SEP-2023

Max Financial Services’ JV forays into health and wellness category

The JV has launched a flagship offering - Secure Earnings & Wellness Advantage Plan

12:09 PM
22-DEC-2022

Max Financial Services’ promoter sells 58.85 lakh shares in company

Following the stake sale, the shareholding of promoter has come down to 13.02 per cent from 14.72 per cent

11:26 AM
25-AUG-2023

Max Financial Services’ promoter offloads 3.6% stake in company

The shares were disposed of at an average price of Rs 873 apiece on both BSE and NSE, taking the combined transaction value to Rs 1,091.25 crore

11:30 AM
26-AUG-2022

Max Financial Services’ arm forays into pension fund management business

Set up with initial capital of Rs 50 crore, the fund manager is expected to begin its operation in October

03:28 PM
28-NOV-2022

Max Financial Services gets IRDAI’s nod to acquire balance 5.17% stake in Max Life

The transaction is expected to be concluded in the next fortnight

09:29 AM
30-MAR-2023

Max Financial Services’ promoter offloads shares worth Rs 182 crore of company

The shares were purchased by Plutus Wealth Management LLP

12:58 PM
31-JUL-2023

Max Financial Services’ JV selected as lead insurer for Uttar Pradesh by IRDAI

Under the State Insurance Plan, IRDAI has initiated a collaborative platform with insurers by assigning two states to each insurer

11:19 AM
31-JUL-2023

Max Financial Services’ JV aims to expand reach in FY24

The company also plans to add over 50,000 life advisors in FY24

04:00 PM
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