BSE
MFSL

Max Financial Services Ltd

Insurance-Life
Financial Services

Prices are adjusted according to historical splits.

Max Financial Services Ltd Stock Price

Vitals

Today's Low:
₹914.15
Today's High:
₹967.9
Open Price:
₹967.9
52W Low:
₹599.3
52W High:
₹884.7
Prev. Close:
₹954.15
Volume:
23935

Company Statistics

Market Cap.:
₹279.94 billion
Book Value:
101.967
Revenue TTM:
₹314.31 billion
Operating Margin TTM:
1.86%
Gross Profit TTM:
₹32.30 billion
Profit Margin:
1.2%
Return on Assets TTM:
0.29%
Return on Equity TTM:
10.69%

Company Profile

Max Financial Services Ltd had its IPO on under the ticker symbol MFSL.

The company operates in the Financial Services sector and Insurance-Life industry. Max Financial Services Ltd has a staff strength of 0 employees.

Stock update

Shares of Max Financial Services Ltd opened at ₹967.9 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹914.15 - ₹967.9, and closed at ₹928.9.

This is a -2.65% slip from the previous day's closing price.

A total volume of 23,935 shares were traded at the close of the day’s session.

In the last one week, shares of Max Financial Services Ltd have increased by +0.52%.

Max Financial Services Ltd's Key Ratios

Max Financial Services Ltd has a market cap of ₹279.94 billion, indicating a price to book ratio of 6.239 and a price to sales ratio of 0.8598.

In the last 12-months Max Financial Services Ltd’s revenue was ₹314.31 billion with a gross profit of ₹32.30 billion and an EBITDA of ₹7.62 billion. The EBITDA ratio measures Max Financial Services Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Max Financial Services Ltd’s operating margin was 1.86% while its return on assets stood at 0.29% with a return of equity of 10.69%.

In Q1, Max Financial Services Ltd’s quarterly earnings growth was a negative -61% while revenue growth was a positive 10.8%.

Max Financial Services Ltd’s PE and PEG Ratio

Forward PE
0
Trailing PE
73.3774
PEG

Its diluted EPS in the last 12-months stands at ₹10.97 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Max Financial Services Ltd’s profitability.

Max Financial Services Ltd stock is trading at a EV to sales ratio of 0.8725 and a EV to EBITDA ratio of 40.9151. Its price to sales ratio in the trailing 12-months stood at 0.8598.

Max Financial Services Ltd stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
₹66.62 million
Total Liabilities
₹0
Operating Cash Flow
₹-26440060.00
Capital Expenditure
₹0
Dividend Payout Ratio
0%

Max Financial Services Ltd ended 2024 with ₹66.62 million in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹66.62 million while shareholder equity stood at ₹30.98 million.

Max Financial Services Ltd ended 2024 with ₹0 in deferred long-term liabilities, ₹0 in other current liabilities, 360000000.00 in common stock, ₹-329021000.00 in retained earnings and ₹5.25 billion in goodwill. Its cash balance stood at ₹34000.00 and cash and short-term investments were ₹34000.00. The company’s total short-term debt was ₹0 while long-term debt stood at ₹34.87 million.

Max Financial Services Ltd’s total current assets stands at ₹0 while long-term investments were ₹89.20 billion and short-term investments were ₹0. Its net receivables were ₹23.24 million compared to accounts payable of ₹17.10 billion and inventory worth ₹1.26 million.

In 2024, Max Financial Services Ltd's operating cash flow was ₹-26440060.00 while its capital expenditure stood at ₹0.

Comparatively, Max Financial Services Ltd paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price
₹928.9
52-Week High
₹884.7
52-Week Low
₹599.3
Analyst Target Price

Max Financial Services Ltd stock is currently trading at ₹928.9 per share. It touched a 52-week high of ₹884.7 and a 52-week low of ₹884.7. Analysts tracking the stock have a 12-month average target price of .

Its 50-day moving average was ₹851.46 and 200-day moving average was ₹736.98 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1079.8% of the company’s stock are held by insiders while 7698.8% are held by institutions.

Frequently Asked Questions About Max Financial Services Ltd

The stock symbol (also called stock or share ticker) of Max Financial Services Ltd is MFSL

The IPO of Max Financial Services Ltd took place on

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About

Max Financial Services Limited, through its subsidiary, provides life insurance products in India. The company operates through Life Insurance and Business Investments segments. It offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. The company also engages in treasury investment activities; and the provision of management advisory services. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. 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 founded in 1984 and is based in Noida, India.

Address

Max House, New Delhi, India, 110001