Nifty
:
23587.50
Sensex
:
78041.59
-364.20 (-1.52%)
-1176.46 (-1.49%)
Nifty
Sensex
:
:
23587.50
78041.59
-364.20 (-1.52%)
-1176.46 (-1.49%)

Max Financial Services Ltd.

Insurance - Life

Rating :
N/A

BSE: 500271 | NSE: MFSL

NSE BSE
1109.20
20-Dec-2024
  • Open
  • High
  • Low
  • Previous Close
  •  1135.70
  •  1143.05
  •  1102.00
  •  1133.90
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  273321
  •  3053.86
  •  1306.45
  •  854.25

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 38,228.36
  • 111.01
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 37,712.69
  • N/A
  • 7.40

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 3.34%
  • 0.72%
  • 4.58%
  • FII
  • DII
  • Others
  • 46.23%
  • 42.69%
  • 2.44%

Chart

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

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.09
  • 17.03
  • 14.34

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -0.34
  • 1.72
  • 1.98

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 1.98
  • 18.59
  • 10.31

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 66.33
  • 88.40
  • 88.58

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.02
  • 7.71
  • 7.73

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 40.24
  • 51.59
  • 59.09

Earnings Forecasts:

Description
2024
2025
2026
2027
Adj EPS
9.85
13.78
16.45
18.87
P/E Ratio
120.61
86.22
72.2
62.96
Revenue
46576
46279
52246
60697
EBITDA
629
1051
1286
3001
Net Income
340
575
691
801
ROA
0.2
0.3
0.4
0.4
P/Bk Ratio
10.56
8.28
8.68
7.39
ROE
9.21
19.06
18.59
18.71
FCFF
5884.04
FCFF Yield
17.12

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Dec 23
Dec 22
Var%
Net Sales
13,372.39
10,164.62
31.56%
11,798.84
9,168.12
28.69%
14,887.81
9,929.37
49.94%
12,355.67
8,895.52
38.90%
Expenses
13,200.75
10,020.76
31.73%
11,610.28
9,043.15
28.39%
14,946.44
9,865.44
51.50%
12,146.31
8,573.27
41.68%
EBITDA
171.64
143.86
19.31%
188.56
124.97
50.88%
-58.63
63.93
-
209.36
322.25
-35.03%
EBIDTM
1.28%
1.42%
1.60%
1.36%
-0.39%
0.64%
1.69%
3.62%
Other Income
3.73
24.52
-84.79%
3.19
3.34
-4.49%
10.71
4.86
120.37%
3.52
2.83
24.38%
Interest
12.55
9.36
34.08%
9.28
9.32
-0.43%
10.81
9.24
16.99%
14.15
9.40
50.53%
Depreciation
0.72
0.78
-7.69%
0.72
0.99
-27.27%
0.66
1.11
-40.54%
0.76
1.14
-33.33%
PBT
162.10
158.24
2.44%
181.75
118.00
54.03%
-59.39
58.44
-
197.97
314.54
-37.06%
Tax
22.76
-12.08
-
25.81
16.87
52.99%
-9.31
5.99
-
26.76
45.19
-40.78%
PAT
139.34
170.32
-18.19%
155.94
101.13
54.20%
-50.08
52.45
-
171.21
269.35
-36.44%
PATM
1.04%
1.68%
1.32%
1.10%
-0.34%
0.53%
1.39%
3.03%
EPS
3.28
4.30
-23.72%
3.71
2.55
45.49%
-1.28
1.34
-
4.32
6.52
-33.74%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
52,414.71
46,572.93
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
Net Sales Growth
37.36%
48.40%
0.73%
-0.42%
47.48%
8.73%
19.55%
7.18%
30.20%
-21.38%
 
Cost Of Goods Sold
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
781.37
Gross Profit
52,414.71
46,572.93
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
GP Margin
100.00%
100%
100%
100%
100%
100%
100%
100%
100%
100%
94.75%
Total Expenditure
51,903.78
45,908.55
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
Power & Fuel Cost
-
17.58
21.46
14.97
14.86
19.73
30.24
26.89
25.87
22.12
98.56
% Of Sales
-
0.04%
0.07%
0.05%
0.05%
0.09%
0.15%
0.16%
0.17%
0.19%
0.66%
Employee Cost
-
2,393.12
2,071.61
1,693.80
1,684.55
1,276.91
954.55
794.18
918.13
650.34
1,009.92
% Of Sales
-
5.14%
6.60%
5.44%
5.38%
6.02%
4.89%
4.87%
6.03%
5.56%
6.79%
Manufacturing Exp.
-
42,134.93
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
% Of Sales
-
90.47%
86.75%
88.28%
27.41%
36.06%
34.86%
36.08%
61.49%
51.32%
53.34%
General & Admin Exp.
-
1,243.23
1,184.55
1,090.64
825.69
871.27
841.88
674.02
4,166.35
3,482.49
688.44
% Of Sales
-
2.67%
3.77%
3.50%
2.64%
4.11%
4.31%
4.13%
27.36%
29.77%
4.63%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
137.27
187.89
265.32
19,544.96
10,805.22
10,343.91
8,377.83
27.46
1,043.19
0.00
% Of Sales
-
0.29%
0.60%
0.85%
62.47%
50.93%
53.01%
51.33%
0.18%
8.92%
25.38%
EBITDA
510.93
664.38
714.35
602.23
656.28
610.16
569.63
586.53
752.21
517.42
687.14
EBITDA Margin
0.97%
1.43%
2.28%
1.93%
2.10%
2.88%
2.92%
3.59%
4.94%
4.42%
4.62%
Other Income
21.15
56.50
47.86
33.65
139.27
32.31
26.89
17.67
20.81
15.73
61.24
Interest
46.79
93.13
57.24
67.00
40.99
38.77
39.46
11.03
8.93
7.66
82.13
Depreciation
2.86
212.91
177.77
180.22
161.66
161.22
76.21
63.15
62.53
60.47
153.80
PBT
482.43
414.84
527.21
388.66
592.89
442.49
480.84
530.02
701.56
465.02
512.46
Tax
66.02
22.23
75.31
70.25
33.14
169.63
64.37
88.18
108.29
71.83
147.54
Tax Rate
13.68%
5.36%
14.28%
18.07%
5.59%
38.34%
13.39%
16.64%
15.44%
15.45%
28.79%
PAT
416.41
340.11
378.48
253.37
425.39
144.99
262.56
286.39
395.36
252.74
279.62
PAT before Minority Interest
344.36
392.61
451.89
318.40
559.75
272.85
416.47
441.84
593.27
393.19
364.91
Minority Interest
-72.05
-52.50
-73.41
-65.03
-134.36
-127.86
-153.91
-155.45
-197.91
-140.45
-85.29
PAT Margin
0.79%
0.73%
1.21%
0.81%
1.36%
0.68%
1.35%
1.75%
2.60%
2.16%
1.88%
PAT Growth
-29.81%
-10.14%
49.38%
-40.44%
193.39%
-44.78%
-8.32%
-27.56%
56.43%
-9.61%
 
EPS
12.07
9.86
10.97
7.34
12.33
4.20
7.61
8.30
11.46
7.32
8.10

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
3,865.93
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
Share Capital
68.73
68.72
69.02
69.02
53.90
53.88
53.68
53.45
53.40
53.30
Total Reserves
3,790.74
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
Non-Current Liabilities
1,324.36
1,246.72
777.32
758.61
495.71
778.95
343.65
38,688.11
31,289.09
27,015.96
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
403.05
Unsecured Loans
520.70
520.66
520.56
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
492.62
444.59
12.05
41.27
63.74
280.51
39.18
264.37
284.86
59.61
Current Liabilities
1,57,511.15
1,27,038.65
1,12,485.02
93,693.10
71,201.72
63,772.39
52,896.24
5,195.89
4,418.06
4,573.53
Trade Payables
1,486.54
1,709.48
1,414.69
1,169.30
809.44
979.17
905.87
864.81
666.05
907.21
Other Current Liabilities
1,56,024.61
1,25,291.45
1,11,033.30
92,509.55
70,256.58
62,789.26
51,984.54
4,164.78
3,658.60
3,287.23
Short Term Borrowings
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
114.71
Short Term Provisions
0.00
37.72
37.03
14.25
135.70
3.96
5.82
166.30
93.40
264.37
Total Liabilities
1,63,205.05
1,32,253.87
1,17,747.25
98,056.75
74,516.28
67,384.43
55,841.68
46,967.62
38,375.44
35,508.57
Net Block
1,164.26
1,108.24
964.93
988.89
1,046.14
722.30
694.61
690.78
348.62
1,199.82
Gross Block
2,111.51
1,860.79
1,559.77
1,427.19
1,334.63
857.39
757.35
1,209.11
815.60
1,997.73
Accumulated Depreciation
947.25
752.55
594.84
438.29
288.49
135.09
62.74
518.34
466.98
797.91
Non Current Assets
3,605.48
3,350.50
2,653.09
2,534.32
3,606.10
2,298.08
1,374.07
40,599.20
34,449.44
30,788.38
Capital Work in Progress
58.66
39.44
31.32
22.57
11.98
25.52
20.26
3.28
37.08
39.02
Non Current Investment
0.00
0.00
0.00
806.14
509.46
213.03
22.29
39,424.61
33,694.53
29,164.11
Long Term Loans & Adv.
1,463.98
1,316.27
805.17
663.69
575.04
769.62
458.00
439.98
340.92
343.09
Other Non Current Assets
156.30
109.63
60.14
53.02
1,463.47
567.62
178.91
40.54
28.29
42.33
Current Assets
1,59,599.57
1,28,903.37
1,15,094.17
95,522.43
70,910.18
65,086.35
54,467.60
6,368.43
3,925.99
4,720.19
Current Investments
1,53,010.32
1,23,355.46
1,09,794.16
91,765.75
68,565.60
63,244.76
52,660.89
4,682.96
2,406.98
2,850.72
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
179.20
Sundry Debtors
915.26
681.24
677.16
610.57
823.27
634.36
591.25
530.84
519.04
693.42
Cash & Bank
1,749.74
1,287.77
799.73
721.58
770.22
693.83
833.67
356.23
335.63
319.28
Other Current Assets
3,924.26
3,459.04
3,820.38
2,423.03
751.09
513.39
381.80
798.39
664.34
677.57
Short Term Loans & Adv.
120.89
119.86
2.75
1.51
1.50
14.44
42.81
144.35
203.54
251.62
Net Current Assets
2,088.42
1,864.72
2,609.15
1,829.33
-291.54
1,313.96
1,571.36
1,172.54
-492.07
146.66
Total Assets
1,63,205.05
1,32,253.87
1,17,747.26
98,056.75
74,516.28
67,384.43
55,841.67
46,967.63
38,375.43
35,508.57

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
6,106.93
9,922.29
8,495.86
6,892.24
5,451.66
5,558.92
4,853.13
4,266.26
3,802.07
2,579.38
PBT
414.84
527.21
388.66
592.89
442.49
480.84
530.02
701.56
465.02
512.46
Adjustment
6,086.35
8,651.47
8,163.05
5,493.56
5,737.81
5,056.47
4,405.07
3,581.14
3,388.83
2,067.28
Changes in Working Capital
-381.22
838.73
14.32
943.41
-664.73
92.92
6.96
90.61
22.98
111.79
Cash after chg. in Working capital
6,119.97
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
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-13.05
-95.12
-70.17
-137.62
-63.90
-71.31
-88.92
-107.05
-74.76
-112.15
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
-5,003.89
-11,555.05
-8,835.38
-6,851.53
-4,990.71
-5,522.09
-4,270.91
-4,030.48
-3,503.04
-2,311.21
Net Fixed Assets
2.92
2.81
22.67
2.48
-4.56
-0.67
-14.77
1.23
9.50
463.58
Net Investments
-3.39
28.03
-106.80
-4,147.97
-337.08
-167.00
-142.48
-117.05
1,613.74
-574.15
Others
-5,003.42
-11,585.89
-8,751.25
-2,706.04
-4,649.07
-5,354.42
-4,113.66
-3,914.66
-5,126.28
-2,200.64
Cash from Financing Activity
-116.98
-232.76
387.97
-92.15
-382.57
-173.64
-116.31
-215.35
-186.92
-387.60
Net Cash Inflow / Outflow
986.06
-1,865.53
48.45
-51.43
78.38
-136.81
465.90
20.43
112.11
-119.43
Opening Cash & Equivalents
9,836.00
11,701.53
715.57
767.01
688.64
825.45
359.55
333.31
259.59
379.02
Closing Cash & Equivalent
10,822.06
9,836.00
764.03
715.57
767.02
688.64
825.45
353.73
333.31
259.59

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
112.32
102.28
114.01
96.85
79.49
76.34
67.14
87.05
73.28
123.34
ROA
0.27%
0.36%
0.30%
0.65%
0.38%
0.68%
0.86%
1.39%
1.06%
1.13%
ROE
10.65%
12.13%
8.75%
20.41%
13.00%
21.59%
21.40%
27.70%
15.00%
11.66%
ROCE
12.06%
13.76%
11.69%
23.09%
22.89%
26.83%
26.05%
33.04%
16.27%
15.66%
Fixed Asset Turnover
23.45
18.35
20.86
22.66
19.36
24.17
16.60
15.04
8.31
6.74
Receivable days
6.26
7.90
7.54
8.36
12.54
11.46
12.55
12.58
18.92
16.58
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
4.28
Payable days
0.00
0.00
0.00
0.00
35.31
42.94
46.85
26.47
41.97
32.09
Cash Conversion Cycle
6.26
7.90
7.54
8.36
-22.77
-31.47
-34.31
-13.89
-23.06
-11.24
Total Debt/Equity
0.13
0.15
0.13
0.00
0.00
0.00
0.00
0.00
0.00
0.17
Interest Cover
5.45
10.21
6.80
15.46
12.41
13.18
49.06
79.54
61.73
7.24

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • Max Financial Services’ JV partners with Rebuscode
    11th Nov 2024, 11:11 AM

    This collaboration aims to leverage Numr's advanced analytics capabilities to deepen Max Life's understanding of customer needs

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