Max Financial Services Limited (MFSL)
ISIN: - Industry: Insurance—Life Sector: Financial Services Website
807.95
4.6(0.57%)

Max Financial Services Limited, through its subsidiary, Max Life Insurance Company Limited, provides life insurance products in India. The company offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company also engages in the treasury investment activities. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.

Pricing Updates

TODAY'S HIGH

814.7

TODAY'S LOW

791.25

52 WEEK HIGH

1148.05

52 WEEK LOW

696.5

Major Holders

% of Shares Held by
All Insider

14.39%

% of Shares Held by
Institutions

69.61%

% of Float Held by
Institutions

81.31%

Number of Institutions
Holding Shares

87

Company Overview

MARKET CAP

27920 Cr.

ETERPRISE VALUE

28442.56 Cr.

NO. OF SHARES

34.51 Cr.

BOOK VALUE

114.013

DIV. YIELD

1.8%

DEBT

768 Cr.

GROSS PROFIT

3687.74 Cr.

CASH

599.55 Cr.

REVENUE

31187.57 Cr.

REVENUE/SHARE

903.488

OHLC Chart 1y 2y 5y 10y

Price Chart

1d 1w 1m 3m 6m 1Yr 2Yr 5Yr

Volumes Chart

1d 1w 1m 3m 6m 1Yr 2Yr 5Yr

Cashflows

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Investments-14613.04 Cr.-12856.09 Cr.-8719.24 Cr.-8587.54 Cr.
Change To Liabilities227.51 Cr.419.03 Cr.-157.06 Cr.85.73 Cr.
Total cashflows from Investing Activities-8835.38 Cr.-8580.55 Cr.-4990.71 Cr.-8789.22 Cr.
Net Borrowings420.99 Cr.-78.26 Cr.-74.78 Cr.-74.78 Cr.
Total Cash from Financing Activities387.97 Cr.-92.01 Cr.-382.57 Cr.-173.64 Cr.
Other Liabilities-148.12 Cr.238.48 Cr.-318.96 Cr.3329.85 Cr.
Total Assets97 Lakhs2.46 Lakhs3.44 Cr.24.18 Cr.
Net Income253.37 Cr.425.39 Cr.144.99 Cr.262.56 Cr.
Change in Cash48.46 Cr.-51.44 Cr.78.37 Cr.-136.80 Cr.
Effect of Exchange Rate0000
Total Cash from Operating Activities8495.87 Cr.8621.12 Cr.5451.66 Cr.8826.05 Cr.
Depreciation180.22 Cr.99.73 Cr.100.90 Cr.31.09 Cr.
Other Cashflows from Investing Activities5483.75 Cr.4517.18 Cr.4140.84 Cr.4140.84 Cr.
Dividends Paid-32.07 Cr.-32.07 Cr.-311.23 Cr.-197.82 Cr.
Change to Inventory0000
Change to Account Receivables-65.05 Cr.212.16 Cr.-188.69 Cr.-55.53 Cr.
Other Cashflows from Financing Activities-1.92 Cr.-13.77 Cr.-13.77 Cr.-13.77 Cr.
Change to Net Income8047.94 Cr.7164.39 Cr.5816.89 Cr.5127.22 Cr.
Capital Expenditures-127.99 Cr.-82.93 Cr.-122.96 Cr.-100.44 Cr.

Financials

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Research DevelopmentNoneNoneNoneNone
Effect of Accounting ChargesNoneNoneNoneNone
Income Before Tax388.65 Cr.592.89 Cr.442.48 Cr.480.83 Cr.
Minority Interest550.30 Cr.262.07 Cr.672.33 Cr.774.06 Cr.
Net Income455.39 Cr.632.81 Cr.490.53 Cr.550.84 Cr.
Selling General Administrative3181.21 Cr.2615.91 Cr.2222.31 Cr.1888.67 Cr.
Gross Profit3687.74 Cr.3882.34 Cr.3156.32 Cr.2755.95 Cr.
Ebit455.39 Cr.632.81 Cr.490.53 Cr.550.84 Cr.
Operating Income455.39 Cr.632.81 Cr.490.53 Cr.550.84 Cr.
Other Operating Expenses-129.08 Cr.467.93 Cr.287.03 Cr.238.47 Cr.
Interest Expense-67.01 Cr.-21.56 Cr.-25.37 Cr.-25.37 Cr.
Extraordinary ItemsNoneNoneNoneNone
Non RecurringNoneNoneNoneNone
Other ItemsNoneNoneNoneNone
Income Tax Expense70.25 Cr.33.14 Cr.169.63 Cr.64.36 Cr.
Total Revenue31187.58 Cr.31314.22 Cr.18210.28 Cr.19512.58 Cr.
Total Operating Expenses30732.19 Cr.30681.40 Cr.17719.74 Cr.18961.74 Cr.
Cost of Revenue27499.84 Cr.27431.87 Cr.15053.95 Cr.16756.62 Cr.
Total Other Income Expense Net-66.74 Cr.-39.92 Cr.-48.04 Cr.-70 Cr.
Discontinued OperationsNoneNoneNoneNone
Net Income from Continuous Ops.318.40 Cr.559.75 Cr.272.85 Cr.416.47 Cr.
Net Income Applicable to Common Shares253.37 Cr.425.39 Cr.144.99 Cr.262.56 Cr.

Balance Sheet

ParticularsMar 2022Mar 2021Mar 2020Mar 2019
Intangible Assets0008.89 Lakhs
Capital Surplus04679.05 Cr.424.83 Cr.418.70 Cr.
Total Liabilities113263.64 Cr.94526.57 Cr.71707.36 Cr.64323.04 Cr.
Stock Holder Equity3934.61 Cr.3342.96 Cr.2146.51 Cr.2059.03 Cr.
Minority Interest550.30 Cr.262.07 Cr.672.33 Cr.774.06 Cr.
Other Liabilities251.25 Cr.481.84 Cr.702.01 Cr.703.46 Cr.
Total Assets117748.55 Cr.98131.60 Cr.74526.21 Cr.67156.14 Cr.
Common Stock69.02 Cr.69.01 Cr.53.90 Cr.53.87 Cr.
Retained Earnings0-1448.27 Cr.1615.57 Cr.1545.47 Cr.
Other Liabilities110829.70 Cr.91896.43 Cr.69552.17 Cr.62373.59 Cr.
Good Will525.25 Cr.525.25 Cr.525.25 Cr.525.25 Cr.
Treasury Stock3865.59 Cr.43.16 Cr.52.20 Cr.40.97 Cr.
Other Assets110587.73 Cr.92907.77 Cr.70060.13 Cr.62498.76 Cr.
Cash599.56 Cr.507.17 Cr.447.46 Cr.505.73 Cr.
Current Liabilities1665.94 Cr.2404.17 Cr.1887.44 Cr.1949.45 Cr.
Long Term Asset Charges1.30 Cr.8.84 Cr.9.93 Cr.0
Short Long Term Debt00011.06 Lakhs
Other Stockholder Equity3865.59 Cr.43.16 Cr.52.20 Cr.40.97 Cr.
Property Plant Equipment4.32 Cr.25.12 Cr.25.50 Cr.30.36 Cr.
Total Cur. Assets610.32 Cr.610.40 Cr.542.94 Cr.608.86 Cr.
Long Term Investments6020.93 Cr.4063.05 Cr.3372.38 Cr.3492.80 Cr.
Net Tangible Assets3409.36 Cr.2817.70 Cr.1621.26 Cr.1533.69 Cr.
Short Term Investments0000
Net Receivables02.59 Cr.4.14 Cr.6.62 Cr.
Long Term Debt520.56 Cr.000
Inventory0000
Accounts Payable1414.69 Cr.1712.33 Cr.1022.23 Cr.1124.61 Cr.

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