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Company details

774.50
807.75
697.05
1,147.90
6M Return -17.77%
1Y Return -24.21%
Mkt Cap.(Cr) 27,761.05
Volume 10,944
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 10,944

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Financials

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Operating Profit(Cr.)

Profit after Tax(Cr.)

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Debt

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Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 3,342.96 Cr FV: 2.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 20,746.28 -48,175.14
LAST 3M 72,514.10 -88,466.89
LAST 6M 138,950.67 -220,570.12
LAST 12M 230,551.63 -248,467.70

Information

  • About Company
  • Company Info
  • Listing Info
109.59
14.72%
114.0088
16.71%
15.79%
Description
  • Max Financial Services Ltd is in the Finance sector is having a market capitalization worth Rs. 35,766.89 crores, it was formed after the demerger of Max India in the year 2016. It has reported consolidated sales of Rs. 5,942.05 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500271, and also listed on the National Stock Exchange (NSE) with the code MFSL.

    Max Financial Services Ltd was formed in 2016 after the mega-corporate restructure of Max India. Max India was demerged into three separate entities based on the area of operation, i.e., Max Financial Services (life insurance), Max India (healthcare and allied business), and Max Ventures and Industries (manufacturing industries and industrial ventures). Max Financial Services Ltd has a sole subsidiary under the name of Max Life Insurance. Max Life Insurance is a collaboration between Mitsui Sumitomo Insurance and Max Financial Services (a Japanese company). Max Life Insurance offers comprehensive long-term savings solutions and retirement solutions to its customers. The promoters of the company own 14.72% of the stake in the company, Foreign Institutional Investors (FII) own 26.33%, Domestic Institutional Investors (DII) own 50.72% stake in the company, and others (such as public & retail investors) hold the balance of 8.23%.

    In June 2021, quarterly net revenue was Rs. 157.49 crores, which has increased sharply by approximately 1604.44 % from Rs. 9.24 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 97.52 crores, which has improved sharply and increased by nearly 545.50% from a net loss of Rs. 21.89 crores in June 2020. In June 2021, the reported operating profit was at Rs. 152.05 crores, which is also increased sharply by 1014.86% as compared to an operating loss of Rs. 16.62 crores for the quarter ending in June 2020. From a negative EPS of Rs. 0.81 in June 2020, the EPS of Max Financial Services Ltd has improved positively and reached Rs. 2.83 per share in June 2021. MFSL's stock closed at Rs. 1036.40 on 20th August’2021 (NSE) and has returned 19.19% in the last six months and 90.81% in the previous year.

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Registered Address

Bhai Mohan Singh Nagar, Railmajra Tehsil Balachaur, Nawanshahr, Punjab, 144533

Tel : 91-01881-462000
Email : investorhelpline:maxindia.com
Website : http://www.maxindia.com

Registrar

MAS Services Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 500271
NSE Code : MFSL
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE180A01020

ICICIdirect Max Financial Services Ltd FAQ

You can buy Max Financial Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Max Financial Services Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jul 01, 2022 04:01 PM the closing price of Max Financial Services Ltd was ₹ 804.40.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jul 01, 2022 04:01 PM, the market cap of Max Financial Services Ltd stood at ₹ 27,761.05.
The latest PE ratio of Max Financial Services Ltd as of Jul 01, 2022 04:01 PM is 109.59
The latest PB ratio of Max Financial Services Ltd as of Jul 01, 2022 04:01 PM is 0.14
The 52-week high of Max Financial Services Ltd is ₹ 1,147.90 while the 52-week low is ₹ 697.05 .

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