Analyst Rating
based on 18 analysts
88.89%
Buy
11.11%
Hold
0.00%
Sell
Based on 18 analysts offering long term price targets for Max Financial Services Ltd. An average target of ₹1226.39
Source: S&P Global Market Intelligence
Max Financial Services Ltd Share analysis
Max Financial Services Ltd price forecast by 18 analysts
Upside of9.33%
High
₹1400
Target
₹1226.39
Low
₹1030
Max Financial Services Ltd target price ₹1226.39, a slight upside of 9.33% compared to current price of ₹1121.7. According to 18 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Max Financial Services Ltd revenue growth forecast
Expected growth rate Q1, FY2026:11.27%
Forecast
Actual
Including amortisation and stock based compensations
Max Financial Services Ltd EPS growth forecast
EPS estimate Q1, FY2026:105.66%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,106.1₹1,14052 Week's Low
52 Week's High
₹854.25₹1,152.95
| Returns % | |
| 1 Month Return | + 3.47 % |
| 3 Month Return | + 19.73 % |
| 1 Year Return | + 19.63 % |
| Market Stats | |
| Previous Close | ₹1,117.25 |
| Open | ₹1,117.00 |
| Volume | 15.27L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹38,557.95Cr |
Key Statistics
| P/E Ratio | 101.97 |
| PEG Ratio | -115.88 |
| Market Cap | ₹38,557.95 Cr |
| P/B Ratio | 5.12 |
| EPS | 11.43 |
| Dividend Yield | 0 |
| Sector | Finance |
| ROE | -0.17 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹38,557.95 Cr | 36.29% | 0.50 | ₹392 Cr | ₹46,580 Cr | |
| HOLD | ₹54,455.11 Cr | 42.55% | 0.91 | ₹1,422 Cr | ₹7,273 Cr | |
| BUY | ₹30,320.33 Cr | 111.61% | 0.83 | ₹1,683 Cr | ₹5,417 Cr | |
| BUY | ₹1,22,018.22 Cr | 45.56% | 0.90 | ₹7,391 Cr | ₹36,388 Cr | |
| HOLD | ₹40,663.19 Cr | 13.17% | 0.92 | ₹1,943 Cr | ₹15,962 Cr |
Mutual Fund Holdings
Company Information
Share Price: ₹1121.70 per share as on 06 Sep, 2024 04:01 PM
Market Capitalisation: ₹38,557.95Cr as of today
Revenue: ₹11,802.03Cr as on June 2024 (Q2 24)
Net Profit: ₹155.94Cr as on June 2024 (Q2 24)
Listing date: 13 Dec, 1994
Chairperson Name: Analjit Singh
| Organisation | Max Financial Services Ltd |
| Headquarters | Noida |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for Max Financial Services Ltd
Max Financial Services Promoter Sells Stake to Repay Debt - 06 Sep, 2024
Max Ventures sold a 3.19% stake in Max Financial Services for Rs 1,218 crore to clear debt, reducing their holding to 3.22%. The stock saw a slight increase following the announcement, reflecting positive market sentiment.
Max Financial Services Faces Stake Sale and Price Drop - 05 Sep, 2024
Max Financial Services experienced significant trading activity and a decline in share price following a major stake sale by its promoter. Despite a rise in net profit, the stock faced downward pressure due to large trades and reduced promoter shareholding.
Max Financial Reports Strong Growth in Q2 2024 - 23 Aug, 2024
Max Financial Services reported a 28.69% increase in net sales to Rs 11,798.84 crore for June 2024. Net profit rose 45.18% to Rs 127.29 crore, while EBITDA increased by 49.44%. The EPS also improved to Rs 3.69. The stock has delivered 11.31% returns over the last six months and 19.70% over the past year.
MAX Financial Services Reports Weak 1QFY25 Performance - 21 Aug, 2024
MAX Financial Services experienced a weak performance in 1QFY25, with a significant contraction in VNB margin. Despite a 30.5% YoY growth in APE, VNB missed estimates. The company maintains a Neutral rating with a target price of INR 1,030.
Concerns Over Share Transfer Pricing at Max Financial - 20 Aug, 2024
Delhi HC order reveals allegations against Max Financial and Sumitomo for transferring shares to Axis Bank below market value, then repurchasing at inflated prices.
Max Financial Services Target Revised to Rs 1200 - 19 Aug, 2024
Sharekhan maintains a 'Buy' rating on Max Financial Services with a revised target price of Rs 1200. Despite a 31% y-o-y growth in APE, VNB growth was only 3% y-o-y, missing estimates due to adverse product mix and higher operating expenses. VNB margins are expected to adjust to 23-24% for FY25E.
Max Financial Faces Margin Pressure and Downgrades - 16 Aug, 2024
Max Financial Services experienced a 5% drop in shares due to squeezed insurance margins. Brokerages Nomura and Motilal Oswal downgraded their ratings to Neutral, while Jefferies maintained a Buy rating. The company reported a significant margin contraction despite a rise in annualized premium equivalent, indicating challenges ahead.
Max Financial Services Reports Strong Q1 Growth - 15 Aug, 2024
Max Financial Services saw a 0.4% increase in stock price, with a market cap of Rs. 35,785 crores. The company reported a 28.7% YoY revenue growth and a 54.5% YoY rise in net profit for Q1FY25, indicating strong financial performance.
Max Financial Services Sees Mixed Signals Amid Optimism - 14 Aug, 2024
Max Financial Services is experiencing mixed signals with a target price of Rs 1,220 from Jefferies, while experts predict potential highs at Rs 1,400. The company reported a significant profit increase but faced a stock price drop despite high trading volumes.
Delhi High Court Rules Favorably for Max Financial Services - 13 Aug, 2024
The Delhi High Court rejected a Public Interest Litigation against Max Financial Services and Max Life Insurance, affirming that the matter is under regulatory review.
Regulatory Scrutiny on Max Financial Services Intensifies - 12 Aug, 2024
The Delhi High Court directed RBI and Sebi to expedite investigations into alleged fraud involving Max Financial Services and Axis Bank, with penalties already imposed by Irdai.
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.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 34.59% to 34.69% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, -44.05 Cr → 127.29 Cr (in ₹), with an average increase of 134.6% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 5.85% to 6.14% in Jun 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 3 years, MFSL stock has moved up by 2.8%
NO EFFECTAgainst Peers
In the last 3 years, SBI Life Insurance Company Ltd has given 53.1% return, outperforming this stock by 50.3%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 6.52% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Life Insurance Corporation of India has given 53.7% return, outperforming this stock by 34.0%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 25.85% to 24.74% in Jun 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 14.89K Cr → 11.80K Cr (in ₹), with an average decrease of 20.8% per quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 6.52% | 0.00 | |
| Foreign Institutions | 24.74% | ||
| Mutual Funds | 34.69% | 0.29 | |
| Retail Investors | 6.14% | 4.96 | |
| Others | 27.91% | 2.64 |
Key Indicators
Max Financial Services Ltd Valuation
Max Financial Services Ltd in the last 5 years
Lowest (24.85x)
March 23, 2020
Industry (28.53x)
September 6, 2024
Today (101.97x)
September 6, 2024
Highest (165.96x)
January 11, 2022
Earnings and Dividends
Max Financial Services Ltd Earnings Results
Max Financial Services Ltd’s net profit jumped 45.18% since last year same period to ₹127.29Cr in the Q1 2024-2025. On a quarterly growth basis, Max Financial Services Ltd has generated 388.97% jump in its net profits since last 3-months.
Read More about Earnings ResultsMax 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 0.32%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
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 ₹1121.7
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 ₹1140.
- Today’s lowest price of Max Financial Services Ltd is ₹1106.1.
PE Ratio of Max Financial Services Ltd is 101.97
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 15.27L.
Today’s market capitalisation of Max Financial Services Ltd(MFSL) is ₹38557.95Cr.
| Max Financial Services Ltd(MFSL | Price |
|---|---|
52 Week High | ₹1152.95 |
52 Week Low | ₹854.25 |
Max Financial Services Ltd(MFSL) share price is ₹1121.7. It is down -2.71% from its 52 Week High price of ₹1152.95
Max Financial Services Ltd(MFSL) share price is ₹1121.7. It is up 31.31% from its 52 Week Low price of ₹854.25
| Max Financial Services Ltd(MFSL | Returns |
|---|---|
1 Day Returns | 4.45% |
1 Month Returns | 3.47% |
3 Month Returns | 19.73% |
1 Year Returns | 19.63% |