Max Financial Services Limited

Max Financial Services Limited (MFSL) is a mid-cap Financial Services company valued at ₹44,656 crore operating in Life Insurance on the NSE and BSE.

Recent price move

Max Financial Services Limited last traded at ₹1,294.9, modestly up 1.40% on the day.

Recent developments

On 2026-06-30, the company reported its latest quarter results, showing a rise in both revenue and net profit compared to the same quarter a year earlier. Promoter shares pledged increased to 26.92% of promoter holding as of 2026-06-30.

Financial performance

The company's annual revenue rose 2.6% to ₹47,674 crore, but annual net profit fell 73.8% to ₹106 crore. The latest quarter saw revenue rise 16.7% to ₹14,970 crore, while net profit rose 37.5% to ₹118 crore, indicating improving profitability in the most recent period.

Valuation multiples

The stock trades at 528.5 times earnings, a premium to the Financial Services median of 19.3, 9.63 times book value.

Things to watch

The company's net profit margin narrowed to 0.2% from 0.9% in the prior year. The return on equity and return on capital employed are low at 1.6% and 2.8%, respectively. The stock is 30.8% below its 52-week high, and the company has not paid out any dividends despite reporting profits.

Where it stands

The company's latest quarter showed improvement in both revenue and net profit, but annual net profit fell sharply. The stock is trading below its 52-week high, and the company's profitability metrics remain weak. The most significant movement was in the latest quarter net profit, which rose 37.5%.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.