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Max Financial Services Ltd share price logo

Max Financial Services Ltd

(MFSL)

₹1232.652.93%

as on 04:01PM, 14 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Max Financial Services Ltd Analyst Rating

based on 17 analysts

BUY

88.24%

Buy

11.76%

Hold

0.00%

Sell

Based on 17 analysts offering long term price targets for Max Financial Services Ltd. An average target of ₹1422.35

Source: S&P Global Market Intelligence

Max Financial Services Ltd Share analysis

Max Financial Services Ltd price forecast by 17 analysts

Upside of18.77%

High

₹1660

Target

₹1422.35

Low

₹1240

Max Financial Services Ltd target price ₹1422.35, a slight upside of 18.77% compared to current price of ₹1232.65. According to 17 analysts rating.

Source: S&P Global Market Intelligence

Max Financial Services Ltd Performance

  • Day's Low

    Day's High

    ₹1,193.6
    ₹1,235.15
  • 52 Week's Low

    52 Week's High

    ₹854.25
    ₹1,306.45
1 Month Return-0.13 %
3 Month Return+ 15.12 %
1 Year Return+ 27.31 %
Previous Close₹1,197.55
Open₹1,193.60
Volume8.74L
Upper Circuit-
Lower Circuit-
Market Cap₹41,329.22Cr

Max Financial Services Ltd Key Statistics

P/E Ratio120.12
PEG Ratio-25.5
Market Cap₹41,329.22 Cr
P/B Ratio5.12
EPS11.43
Dividend Yield0
SectorFinance
ROE-0.17

Max Financial Services Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹41,329.22 Cr29.97%0.50₹392 Cr₹46,580 Cr
HOLD₹46,295.93 Cr31.26%0.91₹1,422 Cr₹7,273 Cr
BUY₹27,024.52 Cr141.42%0.83₹1,683 Cr₹5,417 Cr
BUY₹1,07,307.34 Cr31.32%0.90₹7,391 Cr₹36,388 Cr
BUY₹31,909.05 Cr5.8%0.92₹1,943 Cr₹15,962 Cr

About Max Financial Services Ltd

Max Financial Services Ltd (MFS) is a stock listed on the Indian Stock Exchange. It provides financial services to corporate and retail customers. The services provided by MFS include investment banking, wealth management, stock broking, insurance distribution, and asset management. MFS also has joint ventures and partnerships with companies like Goldman Sachs, SBI Life Insurance, HSBC, and Manulife. Through its investments and partnerships, MFS strives to provide its customers with personalized financial solutions that meet their needs and help them grow their wealth. MFS has a long history of providing its clients with quality financial advice and products. With its focus on quality and customer service, MFS is a reliable and trustworthy provider of financial services.

Share Price: ₹1232.65 per share as on 14 Nov, 2024 04:01 PM
Market Capitalisation: ₹41,329.22Cr as of today
Revenue: ₹13,376.12Cr as on September 2024 (Q3 24)
Net Profit: ₹139.34Cr as on September 2024 (Q3 24)
Listing date: 13 Dec, 1994
Chairperson Name: Analjit Singh
OrganisationMax Financial Services Ltd
HeadquartersNoida
IndustryFinance
E-voting on sharesClick here to vote

Key events for Max Financial Services Ltd

  • Max Financial Services Directors Receive SEBI Notice - 28 Oct, 2024

    Max Financial Services Limited disclosed that several past and present directors and key managerial personnel received a Show Cause Notice from SEBI via email.

  • Max Financial Services Faces SEBI Scrutiny - 27 Oct, 2024

    Max Financial Services Limited reported that several directors and key managerial personnel received a show-cause notice from SEBI. This follows a stake acquisition deal with Axis Bank, which revised its agreement to acquire an additional 7% stake in Max Life Insurance.

  • Max Financial Services Faces SEBI Notices - 26 Oct, 2024

    Max Financial Services Limited reported that several current and former directors received notices from SEBI. Additionally, Axis Bank increased its stake in Max Life Insurance to 19.99%.

  • Max Financial Services Reports Steady Performance - 24 Oct, 2024

    Max Financial Services reported a steady performance in 2QFY25, with new business APE growing 31.3% YoY. VNB growth was 23.1% YoY, and margins expanded significantly. The management aims for double-digit VNB growth and margins of 23-24% for FY25. However, VNB margin assumptions were cut due to adverse product mix trends. Motilal Oswal maintains a Neutral rating with a target price of INR 1,300.

  • Max Financial Services Hits Record High on Strong Earnings - 23 Oct, 2024

    Max Financial Services Ltd shares soared to a lifetime high following strong Q2 FY25 results, reporting a 30% revenue increase despite an 18% drop in net profit. The stock gained significant volume, reflecting positive market sentiment.

  • Max Financial Services Reports Mixed Q2 FY25 Results - 22 Oct, 2024

    Max Financial Services announced its Q2 FY25 results, revealing a 31.5% increase in revenue to ₹13,372.39 crore, while net profit fell by 18.3% to ₹139.14 crore. The company also reported strong growth in new business premiums and total income, despite the decline in profitability.

  • Max Financial Services Reschedules Q2 FY25 Earnings Call - 11 Oct, 2024

    Max Financial Services Limited has rescheduled its Q2 FY25 earnings conference call to October 23, 2024, at 8:30 AM IST, featuring insights from senior management.

Insights on Max Financial Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 34.69% to 36.51% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 11.80K Cr → 13.37K Cr (in ₹), with an average increase of 11.8% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, MFSL stock has moved up by 15.1%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.14% to 6.43% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 48.0% return, outperforming this stock by 20.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, SBI Life Insurance Company Ltd has given 33.4% return, outperforming this stock by 9.2%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 24.74% to 24.37% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 6.52% to 3.34% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 127.29 Cr → 112.56 Cr (in ₹), with an average decrease of 11.6% per quarter

Max Financial Services Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹10,189.14Cr (-)₹12,359.20Cr (↑21.30%)₹14,898.52Cr (↑20.55%)₹11,802.03Cr (↓20.78%)₹13,376.12Cr (↑13.34%)
Net Income₹170.32Cr (-)₹171.21Cr (↑0.52%)-₹50.08Cr (↓129.25%)₹155.94Cr (↓411.38%)₹139.34Cr (↓10.65%)
Net Profit Margin1.67% (-)1.39% (↓16.77%)-0.34% (↓124.46%)1.32% (↓488.24%)1.04% (↓21.21%)
Value in ₹ crore
Details2021202220232024
Total Assets₹6,676.98Cr (-)₹6,780.39Cr (↑1.55%)₹6,780.57Cr (-)₹6,769.75Cr (↓0.16%)
Total Liabilities₹31.51Cr (-)₹30.80Cr (↓2.25%)₹17.17Cr (↓44.25%)₹17.68Cr (↑2.97%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹393.30Cr (-)-₹0.74Cr (↓100.19%)₹85.91Cr (↓11,709.46%)-₹34.07Cr (↓139.66%)-₹7.65Cr (↓77.55%)

Index Inclusions

Nifty Midcap 100

₹54,043.10

0.45 (242.25%)

BSE 200

₹10,803.52

0.14 (14.97%)

S&P BSE 150 MidCap

₹15,246.06

0.45 (68.31%)

BSE Mid-Cap

₹44,289.60

0.41 (181.62%)

S&P BSE 400 MidSmallCap

₹11,626.85

0.53 (61.21%)

S&P BSE Fin. Ser

₹11,168.03

0.48 (53.77%)

Nifty 200

₹13,220.40

0.14 (18.45%)

Nifty Midcap 150

₹20,105.25

0.47 (94.5%)

Nifty LargeMidcap 250

₹15,279.70

0.28 (41.95%)

Nifty MidSmallcap 400

₹18,966.05

0.59 (110.45%)

BSE 500

₹34,600.01

0.19 (66.43%)

DFRGRI Indices

₹1,403.80

0.58 (8.12%)

S&P BSE 250 LargeMidCap

₹10,241.79

0.14 (14.27%)

Nifty 500

₹21,963.10

0.22 (48.15%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Max Financial Services Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
3.34%
-48.85
Foreign Institutions
24.37%
-1.48
Mutual Funds
36.51%
5.24
Retail Investors
6.43%
4.79
Others
29.36%
5.17

Max Financial Services Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)10.1216.229.2313.1511.43
Details20202021202220232024
Return On Equity %12.732.221.530.21-0.17
Details20202021202220232024
Return On Assets %5.746.373.745.585.02
Details20202021202220232024
Book Value Per Share (₹)79.6596.87114.01102.39112.5

Max Financial Services Ltd Valuation

Max Financial Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (24.85x)

March 23, 2020

Industry (26.12x)

November 13, 2024

Today (120.12x)

November 13, 2024

Highest (165.96x)

January 11, 2022

LowHigh

Max Financial Services Ltd Earnings and Dividends

  • Max Financial Services Ltd Earnings Results

    Max Financial Services Ltd’s net profit fell -23.89% since last year same period to ₹112.56Cr in the Q2 2024-2025. On a quarterly growth basis, Max Financial Services Ltd has generated -11.57% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Max Financial Services Ltd Dividends May,2016

    In the quarter ending March 2016, Max Financial Services Ltd has declared dividend of ₹1.80 - translating a dividend yield of 0.30%.

    Read More about Dividends

Max Financial Services Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Max Financial Services Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Max Financial Services Ltd (MFSL) share price today is ₹1232.65

Max Financial Services Ltd is listed on NSE

Max Financial Services Ltd is listed on BSE

  • Today’s highest price of Max Financial Services Ltd is ₹1235.15.
  • Today’s lowest price of Max Financial Services Ltd is ₹1193.6.

PE Ratio of Max Financial Services Ltd is 120.12

PE ratio = Max Financial Services Ltd Market price per share / Max Financial Services Ltd Earnings per share

Today’s traded volume of Max Financial Services Ltd(MFSL) is 8.74L.

Today’s market capitalisation of Max Financial Services Ltd(MFSL) is ₹41329.22Cr.

Max Financial Services Ltd(MFSLPrice
52 Week High
₹1306.45
52 Week Low
₹854.25

Max Financial Services Ltd(MFSL) share price is ₹1232.65. It is down -5.65% from its 52 Week High price of ₹1306.45

Max Financial Services Ltd(MFSL) share price is ₹1232.65. It is up 44.30% from its 52 Week Low price of ₹854.25

Max Financial Services Ltd(MFSLReturns
1 Day Returns
35.1%
1 Month Returns
-0.13%
3 Month Returns
15.12%
1 Year Returns
27.31%