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Max Financial

  • Market Cap: Large Cap
  • Industry: Finance/NBFC
  • ISIN: INE180A01020
  • NSEID: MFSL
  • BSEID: 500271
INR
1,165.10
-0.3 (-0.03%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 4.17 lacs

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

4.17 lacs (-13.18%) Volume

Shareholding (Mar 2025)

FII

44.75%

Held by 306 FIIs

DII

47.30%

Held by 85 DIIs

Promoter

1.74%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate of -4.47%

 
2

Negative results in Dec 24

3

With ROE of 6.7, it has a Very Expensive valuation with a 7.8 Price to Book Value

4

28.67% of Promoter Shares are Pledged

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Finance/NBFC

stock-summary
Market cap

INR 40,209 Cr (Large Cap)

stock-summary
P/E

160.00

stock-summary
Industry P/E

20

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.10

stock-summary
Return on Equity

6.66%

stock-summary
Price to Book

7.78

Revenue and Profits (1 Year):
Net Sales:
8,923 Cr
(Quarterly Results - Dec 2024)
Net Profit:
56 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-1.35%
0%
-1.35%
1 Year
11.56%
0%
11.56%
2 Years
87.3%
0%
87.3%
3 Years
46.49%
0%
46.49%
4 Years
31.44%
0%
31.44%
5 Years
230.95%
0%
230.95%

Latest dividend: 1.8 per share ex-dividend date: Sep-19-2016

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
18.32%
EBIT Growth (5y)
-4.47%
Net Debt to Equity (avg)
0
Institutional Holding
92.05%
ROE (avg)
9.38%
Valuation key factors
Factor
Value
P/E Ratio
160
Industry P/E
20
Price to Book Value
7.78
EV to EBIT
104.08
EV to EBITDA
103.31
EV to Capital Employed
7.80
EV to Sales
0.82
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.85%
ROE (Latest)
6.66%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

FIIs

Pledged Promoter Holdings

28.6723

Mutual Funds

Held by 32 Schemes (39.88%)

FIIs

Held by 306 FIIs (44.75%)

Promoter with highest holding

Max Ventures Investment Holdings Private Limited (1.62%)

Highest Public shareholder

Mitsui Sumitomo Insurance Company Limited (21.86%)

Individual Investors Holdings

4.58%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -27.78% vs 38.90% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -62.28% vs -33.96% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "8,923.21",
          "val2": "12,355.68",
          "chgp": "-27.78%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "87.64",
          "val2": "209.36",
          "chgp": "-58.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "10.23",
          "val2": "14.15",
          "chgp": "-27.70%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "56.04",
          "val2": "148.56",
          "chgp": "-62.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.98%",
          "val2": "1.69%",
          "chgp": "-0.71%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 30.20% vs 53.58% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 1.82% vs 118.83% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "25,171.23",
          "val2": "19,332.74",
          "chgp": "30.20%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "360.20",
          "val2": "268.83",
          "chgp": "33.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "21.83",
          "val2": "18.68",
          "chgp": "16.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "239.85",
          "val2": "235.57",
          "chgp": "1.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.43%",
          "val2": "1.39%",
          "chgp": "0.04%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 7.59% vs 47.50% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -22.97% vs 15.50% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "34,094.44",
          "val2": "31,688.42",
          "chgp": "7.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "447.84",
          "val2": "478.19",
          "chgp": "-6.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "32.06",
          "val2": "32.83",
          "chgp": "-2.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "295.89",
          "val2": "384.13",
          "chgp": "-22.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "1.31%",
          "val2": "1.51%",
          "chgp": "-0.20%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 48.27% vs 0.74% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -10.15% vs 49.38% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "46,576.22",
          "val2": "31,412.67",
          "chgp": "48.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "419.56",
          "val2": "550.90",
          "chgp": "-23.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "43.64",
          "val2": "37.46",
          "chgp": "16.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "340.08",
          "val2": "378.48",
          "chgp": "-10.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.90%",
          "val2": "1.75%",
          "chgp": "-0.85%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
8,923.21
12,355.68
-27.78%
Operating Profit (PBDIT) excl Other Income
87.64
209.36
-58.14%
Interest
10.23
14.15
-27.70%
Exceptional Items
0.00
0.00
Consolidate Net Profit
56.04
148.56
-62.28%
Operating Profit Margin (Excl OI)
0.98%
1.69%
-0.71%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -27.78% vs 38.90% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Dec 2024 is -62.28% vs -33.96% in Dec 2023

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
25,171.23
19,332.74
30.20%
Operating Profit (PBDIT) excl Other Income
360.20
268.83
33.99%
Interest
21.83
18.68
16.86%
Exceptional Items
0.00
0.00
Consolidate Net Profit
239.85
235.57
1.82%
Operating Profit Margin (Excl OI)
1.43%
1.39%
0.04%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 30.20% vs 53.58% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 1.82% vs 118.83% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
34,094.44
31,688.42
7.59%
Operating Profit (PBDIT) excl Other Income
447.84
478.19
-6.35%
Interest
32.06
32.83
-2.35%
Exceptional Items
0.00
0.00
Consolidate Net Profit
295.89
384.13
-22.97%
Operating Profit Margin (Excl OI)
1.31%
1.51%
-0.20%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 7.59% vs 47.50% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -22.97% vs 15.50% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
46,576.22
31,412.67
48.27%
Operating Profit (PBDIT) excl Other Income
419.56
550.90
-23.84%
Interest
43.64
37.46
16.50%
Exceptional Items
0.00
0.00
Consolidate Net Profit
340.08
378.48
-10.15%
Operating Profit Margin (Excl OI)
0.90%
1.75%
-0.85%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 48.27% vs 0.74% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -10.15% vs 49.38% in Mar 2023

stock-summaryCompany CV
About Max Financial Services Ltd stock-summary
stock-summary
Max Financial Services Ltd
Large Cap
Finance/NBFC
Max Financial Services Limited (MFSL), a part of the $4 billion Max Group, is the holding company for Max Life Insurance Company Limited. The Company owns and actively manages an 87% majority stake in Max Life Insurance , India's largest non-bank owned, private life insurance company. The Company is primarily engaged in the business of making and holding investments in its subsidiary, Max Life Insurance Company Limited and providing management advisory services to Group Companies in India.
Company Coordinates stock-summary
Company Details
Bhai Mohan Singh Nagar, Railmajra Tehsil Balachaur Nawanshahr Punjab : 144533
stock-summary
Tel: 91-01881-462000
stock-summary
investorhelpline@maxindia.com
Registrar Details
MAS Services Ltd, T-34 , 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi