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Nifty
Sensex
:
:
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-99.45 (-0.53%)
-346.89 (-0.55%)

Max Financial Services Ltd.

Insurance - Life

Rating :
51/99

BSE: 500271 | NSE: MFSL

NSE BSE
706.55
31-May-2023
  • Day's Open
  • Day's High
  • Day's Low
  • Previous Close
  • 698.00
  • 710.40
  • 695.40
  • 698.70
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  724020
  •  5113.05
  •  885.00
  •  599.10

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 24,397.89
  • 63.57
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 24,118.72
  • N/A
  • 6.84

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 10.15%
  • 2.00%
  • 5.34%
  • FII
  • DII
  • Others
  • 47.7%
  • 32.79%
  • 2.02%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.37
  • 13.80
  • 13.67

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -6.27
  • 0.53
  • -0.26

PAT CAGR (%)

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

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 52.72
  • 67.02
  • 93.73

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.33
  • 6.55
  • 7.50

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 32.71
  • 39.42
  • 52.04

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Var%
Dec 22
Dec 21
Var%
Sep 22
Sep 21
Var%
Jun 22
Jun 21
Var%
Net Sales
9,929.37
8,959.65
10.82%
8,895.52
6,954.04
27.92%
9,316.09
9,325.40
-0.10%
3,271.69
5,942.05
-44.94%
Expenses
9,865.44
8,798.89
12.12%
8,573.27
6,842.85
25.29%
9,238.12
9,270.17
-0.35%
3,184.94
5,857.29
-45.62%
EBITDA
63.93
160.76
-60.23%
322.25
111.19
189.82%
77.97
55.23
41.17%
86.75
84.76
2.35%
EBIDTM
0.64%
1.79%
3.62%
1.60%
0.84%
0.59%
2.65%
1.43%
Other Income
4.86
2.66
82.71%
2.83
0.72
293.06%
6.50
1.97
229.95%
4.20
1.09
285.32%
Interest
9.24
9.25
-0.11%
9.40
9.28
1.29%
9.47
6.10
55.25%
9.35
0.11
8,400.00%
Depreciation
1.11
1.20
-7.50%
1.14
1.22
-6.56%
1.17
1.21
-3.31%
1.21
1.37
-11.68%
PBT
58.44
152.97
-61.80%
314.54
101.41
210.17%
73.83
49.89
47.99%
80.39
84.37
-4.72%
Tax
5.99
8.97
-33.22%
45.19
10.48
331.20%
12.22
2.24
445.54%
11.91
48.56
-75.47%
PAT
52.45
144.00
-63.58%
269.35
90.93
196.22%
61.61
47.65
29.30%
68.48
35.81
91.23%
PATM
0.53%
1.61%
3.03%
1.31%
0.66%
0.51%
2.09%
0.60%
EPS
1.34
3.41
-60.70%
6.52
2.17
200.46%
1.49
1.15
29.57%
1.63
0.61
167.21%

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
31,412.67
31,156.42
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
0.74%
-0.42%
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
31,412.67
31,156.42
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
30,861.77
30,554.26
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
-
5.44%
5.38%
6.02%
4.89%
4.87%
6.03%
5.56%
6.79%
8.19%
8.29%
Manufacturing Exp.
-
27,504.50
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
-
88.28%
27.41%
36.06%
34.86%
36.08%
61.49%
51.32%
53.34%
48.32%
41.00%
General & Admin Exp.
-
1,090.64
825.69
871.27
841.88
674.02
4,166.35
3,482.49
688.44
694.52
646.23
% Of Sales
-
3.50%
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.
-
265.32
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
-
0.85%
62.47%
50.93%
53.01%
51.33%
0.18%
8.92%
25.38%
26.41%
26.21%
EBITDA
550.90
602.16
656.28
610.16
569.63
586.53
752.21
517.42
687.14
448.67
1,151.01
EBITDA Margin
1.75%
1.93%
2.10%
2.88%
2.92%
3.59%
4.94%
4.42%
4.62%
3.84%
10.84%
Other Income
18.39
33.72
139.27
32.31
26.89
17.67
20.81
15.73
61.24
56.93
61.63
Interest
37.46
67.00
40.99
38.77
39.46
11.03
8.93
7.66
82.13
93.21
84.45
Depreciation
4.63
180.22
161.66
161.22
76.21
63.15
62.53
60.47
153.80
137.91
136.79
PBT
527.20
388.66
592.89
442.49
480.84
530.02
701.56
465.02
512.46
274.48
991.38
Tax
75.31
70.25
33.14
169.63
64.37
88.18
108.29
71.83
147.54
65.00
141.85
Tax Rate
14.28%
18.07%
5.59%
38.34%
13.39%
16.64%
15.44%
15.45%
28.79%
23.68%
14.31%
PAT
451.89
253.37
425.39
144.99
262.56
286.39
395.36
252.74
279.62
139.45
784.12
PAT before Minority Interest
378.48
318.40
559.75
272.85
416.47
441.84
593.27
393.19
364.91
209.48
849.53
Minority Interest
-73.41
-65.03
-134.36
-127.86
-153.91
-155.45
-197.91
-140.45
-85.29
-70.03
-65.41
PAT Margin
1.44%
0.81%
1.36%
0.68%
1.35%
1.75%
2.60%
2.16%
1.88%
1.19%
7.39%
PAT Growth
41.93%
-40.44%
193.39%
-44.78%
-8.32%
-27.56%
56.43%
-9.61%
100.52%
-82.22%
 
EPS
13.09
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
777.32
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
12.05
41.27
63.74
280.51
39.18
264.37
284.86
59.61
77.60
97.65
Current Liabilities
112,485.02
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
111,033.30
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
37.03
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
2,653.09
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
704.66
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.
805.17
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
115,094.17
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
3,823.13
2,423.03
749.59
498.95
381.80
798.39
664.34
677.57
594.99
456.40
Short Term Loans & Adv.
2.75
1.51
1.50
14.44
42.81
144.35
203.54
251.62
204.20
130.84
Net Current Assets
2,609.15
1,829.33
-291.54
1,313.96
1,571.36
1,172.54
-492.07
146.66
-760.08
129.02
Total Assets
117,747.26
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
20.86
22.66
19.36
24.17
16.60
15.04
8.31
6.74
4.94
4.95
Receivable days
7.54
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
7.54
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 64% fall in Q4 consolidated net profit
    15th May 2023, 12:19 PM

    Total consolidated income of the company increased by 10.84% at Rs 9934.23 crore for Q4FY23

    Read More
  • Max Financial - Quarterly Results
    12th May 2023, 18:50 PM

    Read More
  • Max Financial Services’ JV partners with Indian Industries Association
    9th May 2023, 11:38 AM

    The partnership aims to provide life insurance plans to the workforce of MSMEs in Uttar Pradesh

    Read More
  • Max Financial Services’ promoter offloads shares worth Rs 182 crore of company
    30th Mar 2023, 12:58 PM

    The shares were purchased by Plutus Wealth Management LLP

    Read More
  • Max Financial Services' promoter entity offloads shares worth Rs 94 crore of company
    23rd Mar 2023, 16:44 PM

    Max Ventures Investment Holdings sold 14,99,997 shares of MFSL

    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.