Nifty
:
20855.10
Sensex
:
69296.14
168.30 (0.81%)
431.02 (0.63%)
Nifty
Sensex
:
:
20855.10
69296.14
168.30 (0.81%)
431.02 (0.63%)

Max Financial Services Ltd.

Insurance - Life

Rating :
62/99

BSE: 500271 | NSE: MFSL

NSE BSE
1022.65
05-Dec-2023
  • Open
  • High
  • Low
  • Previous Close
  •  1032.90
  •  1044.00
  •  1018.55
  •  1023.35
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  895023
  •  9214.72
  •  1044.00
  •  599.10

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 35,331.12
  • 69.75
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 34,627.82
  • N/A
  • 9.41

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 6.52%
  • 1.62%
  • 4.67%
  • FII
  • DII
  • Others
  • 51.54%
  • 34.06%
  • 1.59%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.39
  • 9.97
  • 0.10

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.76
  • 4.63
  • 1.71

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.50
  • 7.59
  • -3.82

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 57.54
  • 75.64
  • 92.04

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.60
  • 6.93
  • 7.75

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 34.58
  • 42.35
  • 55.42

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 23
Sep 22
Var%
Jun 23
Jun 22
Var%
Mar 23
Mar 22
Var%
Dec 22
Dec 21
Var%
Net Sales
10,164.62
9,316.09
9.11%
9,168.12
3,271.69
180.23%
9,929.37
8,959.65
10.82%
8,895.52
6,954.04
27.92%
Expenses
10,020.76
9,238.12
8.47%
9,043.15
3,184.94
183.93%
9,865.44
8,798.89
12.12%
8,573.27
6,842.85
25.29%
EBITDA
143.86
77.97
84.51%
124.97
86.75
44.06%
63.93
160.76
-60.23%
322.25
111.19
189.82%
EBIDTM
1.42%
0.84%
1.36%
2.65%
0.64%
1.79%
3.62%
1.60%
Other Income
24.52
6.50
277.23%
3.34
4.20
-20.48%
4.86
2.66
82.71%
2.83
0.72
293.06%
Interest
9.36
9.47
-1.16%
9.32
9.35
-0.32%
9.24
9.25
-0.11%
9.40
9.28
1.29%
Depreciation
0.78
1.17
-33.33%
0.99
1.21
-18.18%
1.11
1.20
-7.50%
1.14
1.22
-6.56%
PBT
158.24
73.83
114.33%
118.00
80.39
46.78%
58.44
152.97
-61.80%
314.54
101.41
210.17%
Tax
-12.08
12.22
-
16.87
11.91
41.65%
5.99
8.97
-33.22%
45.19
10.48
331.20%
PAT
170.32
61.61
176.45%
101.13
68.48
47.68%
52.45
144.00
-63.58%
269.35
90.93
196.22%
PATM
1.68%
0.66%
1.10%
2.09%
0.53%
1.61%
3.03%
1.31%
EPS
4.30
1.49
188.59%
2.55
1.63
56.44%
1.34
3.41
-60.70%
6.52
2.17
200.46%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Net Sales
38,157.63
31,384.04
31,156.49
31,286.52
21,214.17
19,511.71
16,321.04
15,227.89
11,696.14
14,877.43
11,680.94
Net Sales Growth
33.88%
0.73%
-0.42%
47.48%
8.73%
19.55%
7.18%
30.20%
-21.38%
27.37%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
781.37
851.76
Gross Profit
38,157.63
31,384.04
31,156.49
31,286.52
21,214.17
19,511.71
16,321.04
15,227.89
11,696.14
14,096.07
10,829.18
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
94.75%
92.71%
Total Expenditure
37,502.62
30,669.69
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
Power & Fuel Cost
-
21.46
14.97
14.86
19.73
30.24
26.89
25.87
22.12
98.56
103.99
% Of Sales
-
0.07%
0.05%
0.05%
0.09%
0.15%
0.16%
0.17%
0.19%
0.66%
0.89%
Employee Cost
-
2,071.61
1,693.80
1,684.55
1,276.91
954.55
794.18
918.13
650.34
1,009.92
956.79
% Of Sales
-
6.60%
5.44%
5.38%
6.02%
4.89%
4.87%
6.03%
5.56%
6.79%
8.19%
Manufacturing Exp.
-
27,225.64
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
% Of Sales
-
86.75%
88.28%
27.41%
36.06%
34.86%
36.08%
61.49%
51.32%
53.34%
48.32%
General & Admin Exp.
-
1,184.55
1,090.64
825.69
871.27
841.88
674.02
4,166.35
3,482.49
688.44
694.52
% Of Sales
-
3.77%
3.50%
2.64%
4.11%
4.31%
4.13%
27.36%
29.77%
4.63%
5.95%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,992.92
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
34.18%
Miscellaneous Exp.
-
187.89
265.32
19,544.96
10,805.22
10,343.91
8,377.83
27.46
1,043.19
3,775.59
3,992.92
% Of Sales
-
0.60%
0.85%
62.47%
50.93%
53.01%
51.33%
0.18%
8.92%
25.38%
26.41%
EBITDA
655.01
714.35
602.23
656.28
610.16
569.63
586.53
752.21
517.42
687.14
448.67
EBITDA Margin
1.72%
2.28%
1.93%
2.10%
2.88%
2.92%
3.59%
4.94%
4.42%
4.62%
3.84%
Other Income
35.55
47.86
33.65
139.27
32.31
26.89
17.67
20.81
15.73
61.24
56.93
Interest
37.32
57.24
67.00
40.99
38.77
39.46
11.03
8.93
7.66
82.13
93.21
Depreciation
4.02
177.77
180.22
161.66
161.22
76.21
63.15
62.53
60.47
153.80
137.91
PBT
649.22
527.21
388.66
592.89
442.49
480.84
530.02
701.56
465.02
512.46
274.48
Tax
55.97
75.31
70.25
33.14
169.63
64.37
88.18
108.29
71.83
147.54
65.00
Tax Rate
8.62%
14.28%
18.07%
5.59%
38.34%
13.39%
16.64%
15.44%
15.45%
28.79%
23.68%
PAT
593.25
378.48
253.37
425.39
144.99
262.56
286.39
395.36
252.74
279.62
139.45
PAT before Minority Interest
506.39
451.89
318.40
559.75
272.85
416.47
441.84
593.27
393.19
364.91
209.48
Minority Interest
-86.86
-73.41
-65.03
-134.36
-127.86
-153.91
-155.45
-197.91
-140.45
-85.29
-70.03
PAT Margin
1.55%
1.21%
0.81%
1.36%
0.68%
1.35%
1.75%
2.60%
2.16%
1.88%
1.19%
PAT Growth
62.53%
49.38%
-40.44%
193.39%
-44.78%
-8.32%
-27.56%
56.43%
-9.61%
100.52%
 
EPS
17.19
10.97
7.34
12.33
4.20
7.61
8.30
11.46
7.32
8.10
4.04

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Shareholder's Funds
3,518.24
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
Share Capital
68.72
69.02
69.02
53.90
53.88
53.68
53.45
53.40
53.30
118.71
Total Reserves
3,445.88
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
Non-Current Liabilities
812.78
777.32
758.61
495.71
778.95
343.65
38,688.11
31,289.09
27,015.96
20,647.20
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
403.05
435.35
Unsecured Loans
520.66
520.56
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
10.64
12.05
41.27
63.74
280.51
39.18
264.37
284.86
59.61
77.60
Current Liabilities
127,038.65
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
Trade Payables
1,709.50
1,414.69
1,169.30
809.44
979.17
905.87
864.81
666.05
907.21
873.05
Other Current Liabilities
125,291.43
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
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
114.71
216.16
Short Term Provisions
37.72
37.03
14.25
135.70
3.96
5.82
166.30
93.40
264.37
285.43
Total Liabilities
131,819.93
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
Net Block
1,108.25
964.93
988.89
1,046.14
722.30
694.61
690.78
348.62
1,199.82
1,592.46
Gross Block
1,860.80
1,559.77
1,427.19
1,334.63
857.39
757.35
1,209.11
815.60
1,997.73
2,414.56
Accumulated Depreciation
752.56
594.84
438.29
288.49
135.09
62.74
518.34
466.98
797.91
822.10
Non Current Assets
3,030.63
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
Capital Work in Progress
39.44
31.32
22.57
11.98
25.52
20.26
3.28
37.08
39.02
55.10
Non Current Investment
0.00
0.00
806.14
509.46
213.03
22.29
39,424.61
33,694.53
29,164.11
23,110.59
Long Term Loans & Adv.
996.40
805.17
663.69
575.04
769.62
458.00
439.98
340.92
343.09
485.60
Other Non Current Assets
109.63
60.14
53.02
1,463.47
567.62
178.91
40.54
28.29
42.33
33.65
Current Assets
128,789.29
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
Current Investments
123,355.46
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
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
179.20
169.40
Sundry Debtors
681.24
677.16
610.57
823.27
634.36
591.25
530.84
519.04
693.42
658.13
Cash & Bank
1,287.77
799.73
721.58
770.22
693.83
833.67
356.23
335.63
319.28
394.47
Other Current Assets
3,464.83
3,820.38
2,423.03
749.59
513.39
381.80
798.39
664.34
677.57
594.99
Short Term Loans & Adv.
4.72
2.75
1.51
1.50
14.44
42.81
144.35
203.54
251.62
204.20
Net Current Assets
1,750.65
2,609.15
1,829.33
-291.54
1,313.96
1,571.36
1,172.54
-492.07
146.66
-760.08
Total Assets
131,819.92
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

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Cash From Operating Activity
9,922.28
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
PBT
527.21
388.66
592.89
442.49
480.84
530.02
701.56
465.02
512.46
274.48
Adjustment
8,651.51
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
Changes in Working Capital
838.68
14.32
943.41
-664.73
92.92
6.96
90.61
22.98
111.79
-63.43
Cash after chg. in Working capital
10,017.40
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
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-95.12
-70.17
-137.62
-63.90
-71.31
-88.92
-107.05
-74.76
-112.15
-78.78
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
-9,227.65
-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
Net Fixed Assets
2.81
22.67
2.48
-4.56
-0.67
-14.77
1.23
9.50
463.58
-22.70
Net Investments
28.03
-106.80
-4,147.97
-337.08
-167.00
-142.48
-117.05
1,613.74
-574.15
-11.82
Others
-9,258.49
-8,751.25
-2,706.04
-4,649.07
-5,354.42
-4,113.66
-3,914.66
-5,126.28
-2,200.64
-1,873.86
Cash from Financing Activity
-232.76
387.97
-92.15
-382.57
-173.64
-116.31
-215.35
-186.92
-387.60
-213.24
Net Cash Inflow / Outflow
461.87
48.45
-51.43
78.38
-136.81
465.90
20.43
112.11
-119.43
38.63
Opening Cash & Equivalents
764.03
715.57
767.01
688.64
825.45
359.55
333.31
259.59
379.02
340.39
Closing Cash & Equivalent
1,225.90
764.03
715.57
767.02
688.64
825.45
353.73
333.31
259.59
379.02

Financial Ratios

Consolidated /

Standalone
Description
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Mar 14
Book Value (Rs.)
102.28
114.01
96.85
79.49
76.34
67.14
87.05
73.28
123.34
111.69
ROA
0.36%
0.30%
0.65%
0.38%
0.68%
0.86%
1.39%
1.06%
1.13%
0.78%
ROE
12.13%
8.75%
20.41%
13.00%
21.59%
21.40%
27.70%
15.00%
11.66%
7.15%
ROCE
13.76%
11.69%
23.09%
22.89%
26.83%
26.05%
33.04%
16.27%
15.66%
9.86%
Fixed Asset Turnover
18.35
20.86
22.66
19.36
24.17
16.60
15.04
8.31
6.74
4.94
Receivable days
7.90
7.54
8.36
12.54
11.46
12.55
12.58
18.92
16.58
20.40
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4.28
3.60
Payable days
0.00
0.00
0.00
35.31
42.94
46.85
26.47
41.97
32.09
25.89
Cash Conversion Cycle
7.90
7.54
8.36
-22.77
-31.47
-34.31
-13.89
-23.06
-11.24
-1.89
Total Debt/Equity
0.15
0.13
0.00
0.00
0.00
0.00
0.00
0.00
0.17
0.23
Interest Cover
10.21
6.80
15.46
12.41
13.18
49.06
79.54
61.73
7.24
3.94

Annual Reports:

FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015
FY 2014

News Update:


  • Max Financial - Quarterly Results
    31st Oct 2023, 18:06 PM

    Read More
  • Max Financial Services’ JV forays into health and wellness category
    21st Sep 2023, 12:09 PM

    The JV has launched a flagship offering - Secure Earnings & Wellness Advantage Plan

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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.