Max Financial Services Ltd.

₹ 1,109.20

24.70 (2.18%)

Daily Range

Today's Low

₹ 1,102.00

Today's High

₹ 1,143.05

52 Weeks Range

52 Weeks Low

₹ 599.10

52 Weeks High

₹ 885.00

Momentum of the Stock

Bullish

Circuit Limit

Lower

₹ 998.30

Upper

₹ 1,220.10

Financials Strength Score

7 Strong19

Piotroski Score

Company Profile

Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.

Companies under the same Group

Max Healthcare Inst

Key Metrics

Standalone

Consolidated

No of shares Outstanding

34.5 Cr.

EPS-TTM

₹9.98

Face Value

₹2.00

Book Value

₹149.78

Net Asset Value

₹102.28

ROE

12.13%

ROA

0.36%

ROCE

13.76%

Dividend Yield

0.00%

Total Debt

₹ 0.0 Cr.

Sales Growth

0.73%

PAT Growth

41.92%

Financials

StandaloneConsolidated

Balance Sheet

(All Values are in INR Cr.)

Particulars	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007
Current Assets	128,789.3	115,094.2	95,522.5	70,911.1	65,087.2	54,468.7	6,368.4	3,926.0	4,720.2	3,840.0	3,738.3	3,806.1	3,991.7	2,911.8	2,120.2	2,688.4	1,066.9
Non-Current Assets	3,030.6	2,653.1	2,534.3	3,605.2	2,297.2	1,373.0	40,599.2	34,449.4	30,788.4	25,277.4	20,985.7	16,969.1	12,961.1	10,337.9	5,834.4	3,820.4	2,244.9
Total Assets	131,819.9	117,747.3	98,056.8	74,516.3	67,384.4	55,841.7	46,967.6	38,375.4	35,508.6	29,117.4	24,724.0	20,775.3	16,952.8	13,249.7	7,958.5	6,515.2	3,323.3
Current Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Non-Current Liabilities	812.8	777.3	319.5	420.0	565.1	235.3	38,688.1	31,289.1	27,016.0	20,647.2	17,351.9	14,749.9	11,976.4	10,196.9	5,350.0	3,856.9	2,158.5
Total Equity	3,518.2	3,934.6	3,343.0	2,146.5	2,059.0	1,819.3	2,334.7	1,965.7	3,302.0	3,049.6	3,027.9	2,637.8	1,672.0	1,721.4	1,566.3	1,793.8	602.6
Total Liabilities & Total Equity	131,819.9	117,747.3	98,056.8	74,516.3	67,384.4	55,841.7	46,967.6	38,375.4	35,508.6	29,117.4	24,724.0	20,775.3	16,952.8	13,249.7	7,958.5	6,515.2	3,323.3

Financial Statement Analysis

Price to BV
The Industry Price to BV stands at 13.38, vs the Price to BV of 10.26, which results in a Negative aspect.
Debt to Equity Ratio
The Industry Debt to Equity Ratio stands at 0.58, vs the Debt to Equity Ratio of 0.00, which results in a Positive aspect.
Current Ratio
The Industry Current Ratio stands at 1.89, vs the Current Ratio of 0.99, which results in a Negative aspect.
Quick Ratio
The Industry Quick Ratio stands at 1.88, vs the Quick Ratio of 0.99, which results in a Negative aspect.

Profit and Loss Statement

(All Values are in INR Cr.)

Particulars	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009	FY 2008	FY 2007	FY 2006	FY 2005	FY 2004	FY 2003	FY 2002
Total Income	31,384.0	31,156.5	31,246.0	18,209.5	19,486.4	16,321.0	15,227.9	11,696.1	14,815.4	11,626.3	10,562.0	8,536.9	7,853.2	7,649.5	4,837.9	3,569.0	1,962.3	1,528.3	685.2	505.3	381.5	596.1
Total Expenditure	30,669.7	30,554.3	30,672.5	17,599.3	18,916.8	15,734.5	14,475.7	11,178.7	14,128.2	11,177.7	9,411.0	8,148.4	7,543.1	7,548.3	5,101.6	3,540.3	1,973.0	1,135.8	786.8	548.3	454.6	658.9
Operating Profit(Excl OI)	762.2	635.9	795.6	642.5	596.5	604.2	773.0	533.2	748.4	505.6	1,212.6	429.8	348.1	114.3	-209.4	70.6	20.5	403.8	-86.1	-34.3	-62.8	-54.8
Add: Other Income	47.9	33.7	222.0	32.3	26.9	17.7	20.8	15.7	61.2	56.9	61.6	41.3	38.0	13.1	54.3	41.9	31.2	11.3	15.5	8.7	10.2	8.1
Operating Profit	762.2	635.9	795.6	642.5	596.5	604.2	773.0	533.2	748.4	505.6	1,212.6	429.8	348.1	114.3	-209.4	70.6	20.5	403.8	-86.1	-34.3	-62.8	-54.8
Less: Interest	57.2	67.0	41.0	38.8	39.5	11.0	8.9	7.7	82.1	93.2	84.5	86.0	113.0	59.1	50.6	47.3	29.8	32.5	36.2	27.5	33.1	21.7
PBDT	705.0	568.9	754.6	603.7	557.1	593.2	764.1	525.5	666.3	412.4	1,128.2	343.9	235.2	55.2	-260.0	23.3	-9.3	371.3	-122.3	-61.8	-96.0	-76.4
Less: Depreciation	177.8	180.2	161.7	161.2	76.2	63.2	62.5	60.5	153.8	137.9	136.8	102.0	203.4	141.1	97.0	66.3	46.2	36.0	34.3	31.0	34.7	29.9
PBT & Exceptional Items	527.2	388.7	592.9	442.5	480.8	530.0	701.6	465.0	512.5	274.5	991.4	241.9	31.8	-85.9	-357.0	-43.1	-55.5	335.3	-156.6	-92.8	-130.6	-106.3
Less: Exceptional Income Expenses	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-40.8	0.0
Profit Before Tax	527.2	388.7	592.9	442.5	480.8	530.0	701.6	465.0	512.5	274.5	991.4	241.9	31.8	-85.9	-357.0	-43.1	-55.5	335.3	-156.6	-92.8	-171.4	-106.3
Less: Taxation	75.3	70.3	33.1	169.6	64.4	88.2	108.3	71.8	147.5	65.0	141.9	4.0	9.9	3.4	-23.8	16.7	15.7	39.7	3.3	3.5	-6.0	-3.1
Profit After Tax	451.9	318.4	559.8	272.9	416.5	441.8	593.3	393.2	364.9	209.5	849.5	237.9	21.8	-89.3	-333.2	-59.8	-71.2	295.6	-159.9	-96.2	-165.4	-103.3
Earnings Per Share	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.1	0.1	0.3	0.1	0.0	0.0	-0.1	0.0	0.0	0.2	-0.1	-0.2	-0.1	0.0

Financial Statement Analysis

PE Ratio
The Industry PE Ratio stands at 79.29, vs the PE Ratio of 108.54, which results in a Positive aspect.
Dividend Yield
The Industry Dividend Yield stands at 0.55, vs the Dividend Yield of 0.00, which results in a Negative aspect.
PAT Growth
The Industry PAT Growth stands at 27.24, vs the PAT Growth of -34.48, which results in a Negative aspect.
PAT Margin
The Industry PAT Margin stands at 17.22, vs the PAT Margin of 1.50, which results in a Negative aspect.

Cash Flow Statement

(All Values are in INR Cr.)

Particulars	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010	FY 2009
Profit Before Tax	527.2	388.7	592.9	442.5	480.8	530.0	701.6	465.0	512.5	274.5	991.4	241.9	31.7	-85.9	-357.0
Tax Paid	-95.1	-70.2	-137.6	-63.9	-71.3	-88.9	-107.1	-74.8	-112.1	-78.8	-175.0	-0.4	-14.6	-1.5	-5.1
Adjustment	8,651.5	8,163.0	5,493.6	5,737.8	5,056.5	4,405.1	3,581.1	3,388.8	2,067.3	2,028.0	937.9	2,369.2	2,394.4	2,393.2	2,012.4
Changes In Working Capital	527.2	388.7	592.9	442.5	480.8	530.0	701.6	465.0	512.5	274.5	991.4	241.9	31.7	-85.9	-357.0
Cash Flow after changes in Working Capital	10,017.4	8,566.0	7,029.9	5,515.6	5,630.2	4,942.1	4,373.3	3,876.8	2,691.5	2,239.0	2,062.3	2,854.0	2,679.6	2,600.4	1,529.2
Cash Flow from Operating Activities	9,922.3	8,495.9	6,892.2	5,451.7	5,558.9	4,853.1	4,266.3	3,802.1	2,579.4	2,160.2	1,887.3	2,853.7	2,664.9	2,598.9	1,524.1
Cash Flow from Investing Activities	-9,227.6	-8,835.4	-6,851.5	-4,990.7	-5,522.1	-4,270.9	-4,030.5	-3,503.0	-2,311.2	-1,908.4	-1,796.2	-3,257.7	-2,570.7	-3,431.9	-1,278.7
Cash Flow from Financing Activities	-232.8	388.0	-92.1	-382.6	-173.6	-116.3	-215.3	-186.9	-387.6	-213.2	-220.2	532.8	-5.9	857.3	-49.4
Net Cash Inflow / Outflow	461.9	48.5	-51.4	78.4	-136.8	465.9	20.4	112.1	-119.4	38.6	-129.0	128.8	88.3	24.2	196.0
Opening Cash & Cash Equivalents	764.0	715.6	767.0	688.6	825.4	359.5	333.3	259.6	379.0	340.4	469.4	340.7	252.4	228.4	32.0
Closing Cash & Cash Equivalent	1,225.9	764.0	715.6	767.0	688.6	825.4	353.7	333.3	259.6	379.0	340.4	469.4	340.7	252.4	228.4

Financial Statement Analysis

PCF RATIO
The Industry PCF RATIO stands at -1.19, vs the PCF RATIO of 1.91, which results in a Positive aspect.
PFCF Ratio
The Industry PFCF Ratio stands at 4.23, vs the PFCF Ratio of -36.25, which results in a Negative aspect.

Quarterly Reports

(All Values are in INR Cr.)

Particulars	Sep 2024	Jun 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021	Mar 2021	Dec 2020	Sep 2020	Jun 2020	Mar 2020
Net Sales	133,723.9	117,988.4	123,556.7	101,646.2	91,681.2	99,293.7	88,955.2	93,160.9	32,716.9	89,596.5	69,540.4	93,254.0	59,420.5	97,597.5	89,897.0	70,198.5	55,046.1	42,640.6
Total Income	133,761.2	118,020.3	123,591.9	101,891.4	91,714.6	99,342.3	88,983.5	93,225.9	32,758.9	89,623.1	69,547.6	93,273.7	59,431.4	97,603.1	89,902.8	70,201.1	55,173.2	42,656.4
Total Expenditure	132,007.5	116,102.8	121,463.1	100,207.6	90,431.5	98,654.4	85,732.7	92,381.2	31,849.4	87,988.9	68,428.5	92,701.7	58,572.9	96,916.5	87,092.8	69,233.6	53,652.3	41,265.7
PBIDT (Excl OI)	1,716.4	1,885.6	2,093.6	1,438.6	1,249.7	639.3	3,222.5	779.7	867.5	1,607.6	1,111.9	552.3	847.6	681.0	2,804.2	964.9	1,393.8	1,374.9
Other Income	37.3	31.9	35.2	245.2	33.4	48.6	28.3	65.0	42.0	26.6	7.2	19.7	10.9	5.6	5.8	2.6	127.1	15.8
Operating Profit	1,753.7	1,917.5	2,128.8	1,683.8	1,283.1	687.9	3,250.8	844.7	909.5	1,634.2	1,119.1	572.0	858.5	686.6	2,810.0	967.5	1,520.9	1,390.7
Interest	125.5	92.8	141.5	93.6	93.2	92.4	94.0	94.7	93.5	92.5	92.8	61.0	1.1	0.6	0.9	0.5	0.8	0.7
Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
PBDT	1,628.2	1,824.7	1,987.3	1,590.2	1,189.9	595.5	3,156.8	750.0	816.0	1,541.7	1,026.3	511.0	857.4	686.0	2,809.1	967.0	1,520.1	1,390.0
Depreciation	7.2	7.2	7.6	7.8	9.9	11.1	11.4	11.7	12.1	12.0	12.2	12.1	13.7	14.5	13.7	11.9	13.1	79.4
Profit Before Tax	1,621.0	1,817.5	1,979.7	1,582.4	1,180.0	584.4	3,145.4	738.3	803.9	1,529.7	1,014.1	498.9	843.7	671.5	2,795.4	955.1	1,507.0	1,310.6
Tax	227.6	258.1	267.6	-120.8	168.7	59.9	451.9	122.2	119.1	89.7	104.8	22.4	485.6	-28.8	524.1	144.5	-308.3	1,243.9
Provisions and contingencies	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit After Tax	1,393.4	1,559.4	1,712.1	1,703.2	1,011.3	524.5	2,693.5	616.1	684.8	1,440.0	909.3	476.5	358.1	700.3	2,271.3	810.6	1,815.3	66.7
Net Profit	1,393.4	1,559.4	1,712.1	1,703.2	1,011.3	524.5	2,693.5	616.1	684.8	1,440.0	909.3	476.5	358.1	700.3	2,271.3	810.6	1,815.3	66.7
ADDITIONAL INFOS:
Equity Capital	686.8	686.8	687.1	687.1	687.1	687.2	690.2	690.2	690.2	690.2	690.2	690.2	690.2	690.2	690.1	539.1	539.1	539.0
Reserves	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EPS	3.3	3.7	4.3	4.3	2.5	1.3	6.5	1.5	1.6	3.4	2.6	1.2	0.6	2.1	6.2	2.1	4.9	-1.3
Operating Profit Margin	1.3	1.6	1.7	1.7	1.4	0.7	3.7	0.9	2.8	1.8	1.6	0.6	1.4	0.7	3.1	1.4	2.8	3.3
Net Profit Margin	1.0	1.3	1.4	1.7	1.1	0.5	3.0	0.7	2.1	1.6	1.3	0.5	0.6	0.7	2.5	1.2	3.3	0.2

Financial Statement Analysis

Mcap Growth
The Industry Mcap Growth stands at 45.75, vs the Mcap Growth of -11.32, which results in a Negative aspect.
Net Sales Growth
The Industry Net Sales Growth stands at 13.27, vs the Net Sales Growth of -6.55, which results in a Negative aspect.

Technicals

Pivot Levels

Check Advanced Levels

Type	Classic	Woodie	Camarilla
R4	1,191.30	1,239.01	1,131.78
R3	1,175.22	1,170.78	1,120.49
R2	1,159.13	1,156.91	1,116.73
R1	1,134.17	1,129.73	1,112.96
Pivot	1,118.08	1,115.86	1,118.08
S1	1,093.12	1,088.68	1,105.44
S2	1,077.03	1,074.81	1,101.67
S3	1,052.07	1,047.63	1,097.91
S4	1,027.10	992.71	1,086.62

(All Values are in INR)

The Pivot level gives the user an indication about key support & resistance levels for a selected stock.

EMA & SMA Levels

5 Day

1,066.74

10 Day

1,050.66

20 Day

1,020.56

50 Day

975.52

100 Day

968.35

200 Day

917.39

Beta

1 Day

0.60

1 Week

0.60

1 Month

0.56 Indicators

Stoch RSI
100.00
Bearish
RSI
77.56
Bearish
ROC
-5.04
Bearish
UltimateOscillator
47.79
Neutral
Williams Indicator
-92.53
Bullish
CCI Indicator
-108.47
Bullish
MACD
-2,183.18
Bearish
Stochastic Indicator
16.34
Neutral
ATR
42.79
High Volatility

Corporate Actions

Corporate Actions - Board Meet

Date Of Conduct	Board Meeting Details
22-10-2024	Quarterly Results
07-05-2024	Audited Results
06-02-2024	Quarterly Results
31-10-2023	Quarterly Results
09-08-2023	Quarterly Results
31-01-2023	Quarterly Results
19-10-2022	Quarterly Results
01-08-2022	Quarterly Results
10-05-2022	Audited Results
28-01-2022	Quarterly Results
09-11-2021	Quarterly Results
10-08-2021	Quarterly Results
08-06-2021	Audited Results

Frequently Asked Questions

The share price of MFSL is 1109.2.

You can easily buy MFSL shares by opening a Demat and trading Account from Enrich money free of cost. You can trade using their Web Trading Platform or Mobile App.

The Market Capitalization of Max Financialshare as on today is38,228.36Cr.

The Trailing Twelve Months (TTM) PE Ratio of Max Financialis111.01

The Earnings per Share (EPS) of Max Financialis9.98

The 52 Week Low of 854.25, and 52 Week High is 1,306.45

The share price changes based on the Share Market's Demand & Supply. Usually, the Beta of the Stock (Positive or Negative) measures the volatility of the stock. Based on this, the Max Financial share is 0.60 times volatile to the Index trend.

Max Financial Services Ltd.

₹ 1,109.20

Daily Range

52 Weeks Range

Momentum of the Stock

Bullish

Circuit Limit

Financials Strength Score

Piotroski Score

Company Profile

Companies under the same Group

Key Metrics

Standalone

Consolidated

34.5 Cr.

₹9.98

₹2.00

₹149.78

₹102.28

12.13%

0.36%

13.76%

0.00%

₹ 0.0 Cr.

0.73%

41.92%

Financials

Balance Sheet

Financial Statement Analysis

Price to BV

Debt to Equity Ratio

Current Ratio

Quick Ratio

Profit and Loss Statement

Financial Statement Analysis

PE Ratio

Dividend Yield

PAT Growth

PAT Margin

Cash Flow Statement

Financial Statement Analysis

PCF RATIO

PFCF Ratio

Quarterly Reports

Financial Statement Analysis

Mcap Growth

Net Sales Growth

Technicals

Pivot Levels

Check Advanced Levels

The Pivot level gives the user an indication about key support & resistance levels for a selected stock.

EMA & SMA Levels

1,066.74

1,050.66

1,020.56

975.52

968.35

917.39

Beta

0.60

0.60

0.56

Indicators

Corporate Actions

Corporate Actions - Board Meet

Frequently Asked Questions

What is the share price of Max Financial today?

How do I buy Max Financial shares online?

What is the Market Cap of Max Financial today?

What is the Price to Earnings Ratio (PE Ratio) of Max Financial?

What is the Earnings per Share (EPS) of Max Financial?

What is the 52 Week High and 52 Week Low of Max Financial?

How Volatile is Max Financial share today?