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:
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Nifty
Sensex
:
:
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60384.62
-24.75 (-0.14%)
-122.28 (-0.20%)

Max Financial Services Ltd.

Insurance - Life

Rating :
52/99

BSE: 500271 | NSE: MFSL

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 24,534.21
  • 54.35
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 24,255.04
  • N/A
  • 5.85

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 11.45%
  • 1.30%
  • 5.64%
  • FII
  • DII
  • Others
  • 44.8%
  • 34.89%
  • 1.92%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.39
  • 13.86
  • 13.76

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -6.24
  • 0.60
  • -0.20

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -10.68
  • -2.42
  • 20.45

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 52.86
  • 66.99
  • 93.73

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.26
  • 6.53
  • 7.47

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 32.12
  • 38.23
  • 50.81

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 22
Dec 21
Var%
Sep 22
Sep 21
Var%
Jun 22
Jun 21
Var%
Mar 22
Mar 21
Var%
Net Sales
8,895.52
6,954.04
27.92%
9,316.09
9,325.40
-0.10%
3,271.69
5,942.05
-44.94%
8,959.65
9,759.75
-8.20%
Expenses
8,573.27
6,842.85
25.29%
9,238.12
9,270.17
-0.35%
3,184.94
5,857.29
-45.62%
8,798.89
9,691.65
-9.21%
EBITDA
322.25
111.19
189.82%
77.97
55.23
41.17%
86.75
84.76
2.35%
160.76
68.10
136.06%
EBIDTM
3.62%
1.60%
0.84%
0.59%
2.65%
1.43%
1.79%
0.70%
Other Income
2.83
0.72
293.06%
6.50
1.97
229.95%
4.20
1.09
285.32%
2.66
0.56
375.00%
Interest
9.40
9.28
1.29%
9.47
6.10
55.25%
9.35
0.11
8,400.00%
9.25
0.06
15,316.67%
Depreciation
1.14
1.22
-6.56%
1.17
1.21
-3.31%
1.21
1.37
-11.68%
1.20
1.45
-17.24%
PBT
314.54
101.41
210.17%
73.83
49.89
47.99%
80.39
84.37
-4.72%
152.97
67.15
127.80%
Tax
45.19
10.48
331.20%
12.22
2.24
445.54%
11.91
48.56
-75.47%
8.97
-2.88
-
PAT
269.35
90.93
196.22%
61.61
47.65
29.30%
68.48
35.81
91.23%
144.00
70.03
105.63%
PATM
3.03%
1.31%
0.66%
0.51%
2.09%
0.60%
1.61%
0.72%
EPS
6.52
2.17
200.46%
1.49
1.15
29.57%
1.63
0.61
167.21%
3.41
1.81
88.40%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Net Sales
30,442.95
31,229.20
31,286.52
21,214.17
19,511.71
16,321.04
15,227.89
11,696.14
14,877.43
11,680.94
10,615.85
Net Sales Growth
-4.81%
-0.18%
47.48%
8.73%
19.55%
7.18%
30.20%
-21.38%
27.37%
10.03%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
781.37
851.76
804.21
Gross Profit
30,442.95
31,229.20
31,286.52
21,214.17
19,511.71
16,321.04
15,227.89
11,696.14
14,096.07
10,829.18
9,811.64
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
94.75%
92.71%
92.42%
Total Expenditure
29,795.22
30,624.99
30,630.24
20,604.01
18,942.08
15,734.51
14,475.68
11,178.72
14,190.29
11,232.27
9,464.84
Power & Fuel Cost
-
14.97
14.86
19.73
30.24
26.89
25.87
22.12
98.56
103.99
96.43
% Of Sales
-
0.05%
0.05%
0.09%
0.15%
0.16%
0.17%
0.19%
0.66%
0.89%
0.91%
Employee Cost
-
1,693.80
1,684.55
1,276.91
954.55
794.18
918.13
650.34
1,009.92
956.79
880.05
% Of Sales
-
5.42%
5.38%
6.02%
4.89%
4.87%
6.03%
5.56%
6.79%
8.19%
8.29%
Manufacturing Exp.
-
10,621.01
8,575.05
7,650.61
6,801.75
5,888.48
9,363.74
6,002.69
7,934.97
5,644.32
4,352.31
% Of Sales
-
34.01%
27.41%
36.06%
34.86%
36.08%
61.49%
51.32%
53.34%
48.32%
41.00%
General & Admin Exp.
-
1,088.44
825.69
871.27
841.88
674.02
4,166.35
3,482.49
688.44
694.52
646.23
% Of Sales
-
3.49%
2.64%
4.11%
4.31%
4.13%
27.36%
29.77%
4.63%
5.95%
6.09%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,992.92
3,590.90
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
34.18%
33.83%
Miscellaneous Exp.
-
17,221.74
19,544.96
10,805.22
10,343.91
8,377.83
27.46
1,043.19
3,775.59
3,084.87
3,590.90
% Of Sales
-
55.15%
62.47%
50.93%
53.01%
51.33%
0.18%
8.92%
25.38%
26.41%
26.21%
EBITDA
647.73
604.21
656.28
610.16
569.63
586.53
752.21
517.42
687.14
448.67
1,151.01
EBITDA Margin
2.13%
1.93%
2.10%
2.88%
2.92%
3.59%
4.94%
4.42%
4.62%
3.84%
10.84%
Other Income
16.19
31.67
139.27
32.31
26.89
17.67
20.81
15.73
61.24
56.93
61.63
Interest
37.47
67.00
40.99
38.77
39.46
11.03
8.93
7.66
82.13
93.21
84.45
Depreciation
4.72
180.22
161.66
161.22
76.21
63.15
62.53
60.47
153.80
137.91
136.79
PBT
621.73
388.66
592.89
442.49
480.84
530.02
701.56
465.02
512.46
274.48
991.38
Tax
78.29
70.25
33.14
169.63
64.37
88.18
108.29
71.83
147.54
65.00
141.85
Tax Rate
12.59%
18.07%
5.59%
38.34%
13.39%
16.64%
15.44%
15.45%
28.79%
23.68%
14.31%
PAT
543.44
253.37
425.39
144.99
262.56
286.39
395.36
252.74
279.62
139.45
784.12
PAT before Minority Interest
450.27
318.40
559.75
272.85
416.47
441.84
593.27
393.19
364.91
209.48
849.53
Minority Interest
-93.17
-65.03
-134.36
-127.86
-153.91
-155.45
-197.91
-140.45
-85.29
-70.03
-65.41
PAT Margin
1.79%
0.81%
1.36%
0.68%
1.35%
1.75%
2.60%
2.16%
1.88%
1.19%
7.39%
PAT Growth
122.34%
-40.44%
193.39%
-44.78%
-8.32%
-27.56%
56.43%
-9.61%
100.52%
-82.22%
 
EPS
15.75
7.34
12.33
4.20
7.61
8.30
11.46
7.32
8.10
4.04
22.72

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Shareholder's Funds
3,934.61
3,342.96
2,146.52
2,059.03
1,819.27
2,334.65
1,965.72
3,302.02
3,049.59
3,027.85
Share Capital
69.02
69.02
53.90
53.88
53.68
53.45
53.40
53.30
118.71
178.10
Total Reserves
3,865.59
3,273.13
2,088.38
2,002.64
1,748.37
2,273.16
1,903.05
3,233.62
2,920.21
2,834.97
Non-Current Liabilities
1,190.06
758.61
495.71
778.95
343.65
38,688.11
31,289.09
27,015.96
20,647.20
17,351.93
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
403.05
435.35
376.54
Unsecured Loans
520.56
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.67
Long Term Provisions
37.03
41.27
63.74
280.51
39.18
264.37
284.86
59.61
77.60
97.65
Current Liabilities
112,072.28
93,693.10
71,201.72
63,772.39
52,896.24
5,195.89
4,418.06
4,573.53
4,600.07
3,609.25
Trade Payables
1,414.69
1,169.30
809.44
979.17
905.87
864.81
666.05
907.21
873.05
805.47
Other Current Liabilities
110,645.54
92,509.55
70,256.58
62,789.26
51,984.54
4,164.78
3,658.60
3,287.23
3,225.42
2,342.52
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
0.00
0.00
114.71
216.16
211.96
Short Term Provisions
12.05
14.25
135.70
3.96
5.82
166.30
93.40
264.37
285.43
249.31
Total Liabilities
117,747.25
98,056.75
74,516.28
67,384.43
55,841.68
46,967.62
38,375.44
35,508.57
29,117.39
24,724.00
Net Block
964.93
988.89
1,046.14
722.30
694.61
690.78
348.62
1,199.82
1,592.46
1,597.35
Gross Block
1,559.77
1,427.19
1,334.63
857.39
757.35
1,209.11
815.60
1,997.73
2,414.56
2,312.42
Accumulated Depreciation
594.84
438.29
288.49
135.09
62.74
518.34
466.98
797.91
822.10
715.07
Non Current Assets
2,653.12
2,534.32
3,606.10
2,298.08
1,374.07
40,599.20
34,449.44
30,788.38
25,277.40
20,985.72
Capital Work in Progress
31.32
22.57
11.98
25.52
20.26
3.28
37.08
39.02
55.10
92.29
Non Current Investment
791.53
806.14
509.46
213.03
22.29
39,424.61
33,694.53
29,164.11
23,110.59
18,880.56
Long Term Loans & Adv.
805.20
663.69
575.04
769.62
458.00
439.98
340.92
343.09
485.60
414.12
Other Non Current Assets
60.14
53.02
1,463.47
567.62
178.91
40.54
28.29
42.33
33.65
1.40
Current Assets
115,094.13
95,522.43
70,910.18
65,086.35
54,467.60
6,368.43
3,925.99
4,720.19
3,839.99
3,738.28
Current Investments
109,794.16
91,765.75
68,565.60
63,244.76
52,660.89
4,682.96
2,406.98
2,850.72
2,023.00
2,210.69
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
179.20
169.40
61.33
Sundry Debtors
677.16
610.57
823.27
634.36
591.25
530.84
519.04
693.42
658.13
647.75
Cash & Bank
799.73
721.58
770.22
693.83
833.67
356.23
335.63
319.28
394.47
362.11
Other Current Assets
3,823.10
2,423.03
749.59
498.95
381.80
798.39
664.34
677.57
594.99
456.40
Short Term Loans & Adv.
2.72
1.51
1.50
14.44
42.81
144.35
203.54
251.62
204.20
130.84
Net Current Assets
3,021.86
1,829.33
-291.54
1,313.96
1,571.36
1,172.54
-492.07
146.66
-760.08
129.02
Total Assets
117,747.25
98,056.75
74,516.28
67,384.43
55,841.67
46,967.63
38,375.43
35,508.57
29,117.39
24,724.00

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Cash From Operating Activity
8,495.86
6,892.24
5,451.66
5,558.92
4,853.13
4,266.26
3,802.07
2,579.38
2,160.25
1,887.31
PBT
388.66
592.89
442.49
480.84
530.02
701.56
465.02
512.46
274.48
991.38
Adjustment
8,163.05
5,493.56
5,737.81
5,056.47
4,405.07
3,581.14
3,388.83
2,067.28
2,027.98
937.88
Changes in Working Capital
14.32
943.41
-664.73
92.92
6.96
90.61
22.98
111.79
-63.43
133.01
Cash after chg. in Working capital
8,566.02
7,029.87
5,515.57
5,630.23
4,942.05
4,373.31
3,876.83
2,691.53
2,239.03
2,062.27
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-70.17
-137.62
-63.90
-71.31
-88.92
-107.05
-74.76
-112.15
-78.78
-174.96
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-8,835.38
-6,851.53
-4,990.71
-5,522.09
-4,270.91
-4,030.48
-3,503.04
-2,311.21
-1,908.38
-1,796.20
Net Fixed Assets
26.40
2.48
-4.56
-0.67
-14.77
1.23
9.50
463.58
-22.70
-21.36
Net Investments
-106.80
-4,147.97
-337.08
-167.00
-142.48
-117.05
1,613.74
-574.15
-11.82
-424.91
Others
-8,754.98
-2,706.04
-4,649.07
-5,354.42
-4,113.66
-3,914.66
-5,126.28
-2,200.64
-1,873.86
-1,349.93
Cash from Financing Activity
387.97
-92.15
-382.57
-173.64
-116.31
-215.35
-186.92
-387.60
-213.24
-220.15
Net Cash Inflow / Outflow
48.45
-51.43
78.38
-136.81
465.90
20.43
112.11
-119.43
38.63
-129.04
Opening Cash & Equivalents
715.57
767.01
688.64
825.45
359.55
333.31
259.59
379.02
340.39
469.43
Closing Cash & Equivalent
764.03
715.57
767.02
688.64
825.45
353.73
333.31
259.59
379.02
340.39

Financial Ratios

Consolidated /

Standalone
Description
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Mar 13
Book Value (Rs.)
114.01
96.85
79.49
76.34
67.14
87.05
73.28
123.34
111.69
108.77
ROA
0.30%
0.65%
0.38%
0.68%
0.86%
1.39%
1.06%
1.13%
0.78%
3.73%
ROE
8.75%
20.41%
13.00%
21.59%
21.40%
27.70%
15.00%
11.66%
7.15%
31.65%
ROCE
11.69%
23.09%
22.89%
26.83%
26.05%
33.04%
16.27%
15.66%
9.86%
31.22%
Fixed Asset Turnover
20.91
22.66
19.36
24.17
16.60
15.04
8.31
6.74
4.94
4.95
Receivable days
7.53
8.36
12.54
11.46
12.55
12.58
18.92
16.58
20.40
19.77
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4.28
3.60
2.14
Payable days
0.00
0.00
35.31
42.94
46.85
26.47
41.97
32.09
25.89
28.99
Cash Conversion Cycle
7.53
8.36
-22.77
-31.47
-34.31
-13.89
-23.06
-11.24
-1.89
-7.08
Total Debt/Equity
0.13
0.00
0.00
0.00
0.00
0.00
0.00
0.17
0.23
0.22
Interest Cover
6.80
15.46
12.41
13.18
49.06
79.54
61.73
7.24
3.94
12.74

Annual Reports:

FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014
FY 2013

News Update:


  • Max Financial Services reports over 2 fold jump in Q3 consolidated net profit
    1st Feb 2023, 11:41 AM

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

    Read More
  • Max Financial Services’ JV achieves death claims paid ratio of 99.34% in FY22
    13th Jan 2023, 15:41 PM

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

    Read More
  • Max Financial Services’ promoter sells 58.85 lakh shares in company
    22nd Dec 2022, 11:26 AM

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

    Read More
  • Max Financial Services acquires balance 5.17% stake in Max Life from MSI
    9th Dec 2022, 12:30 PM

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

    Read More
  • Max Financial Services gets IRDAI’s nod to acquire balance 5.17% stake in Max Life
    28th Nov 2022, 09:29 AM

    The transaction is expected to be concluded in the next fortnight

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.