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Max Financial Services Ltd (MFSL)

₹10946.04%

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Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 17 analysts

BUY

93.75%

Buy

6.25%

Hold

0.00%

Sell

Based on 17 analysts offering long term price targets for Max Financial Services Ltd. An average target of ₹1197.35

Source: S&P Global Market Intelligence

Max Financial Services Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,026.2
    ₹1,098
  • 52 Week's Low

    52 Week's High

    ₹763
    ₹1,098
1 Month Return+ 4.42 %
3 Month Return+ 0.09 %
1 Year Return+ 27.88 %
Previous Close₹1,031.70
Open₹1,036.00
Volume25.45L
Upper Circuit-
Lower Circuit-
Market Cap₹35,605.49Cr

Key Statistics

P/E Ratio104.74
PEG Ratio-93.52
Market Cap₹35,605.49 Cr
P/B Ratio3.24
EPS13.15

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option3.2%
Nippon India Multi Cap Fund - Direct Plan - GrowthNippon India Multi Cap Fund - Direct Plan - Growth1.95%
Nippon India Growth Fund - Direct Plan - GrowthNippon India Growth Fund - Direct Plan - Growth1.61%
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth0.99%
DSP Midcap Fund Direct Plan GrowthDSP Midcap Fund Direct Plan Growth1.93%

Company Information

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: ₹1094.00 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹35,605.49Cr as of today
Revenue: ₹14,898.52Cr as on March 2024 (Q1 24)
Net Profit: ₹-50.08Cr as on March 2024 (Q1 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 Ltd Stock Rises 3.78% - 24 Jul, 2024

    Max Financial Services Ltd stock rose by 3.78% to Rs.1,075.00 with a volume of 18,830 shares on BSE, which is a 2.68 fold spurt over two-week average daily volume of 7,024 shares.

  • Max Life Insurance Reports Strong Q1FY25 Results - 09 Jul, 2024

    Max Life Insurance, a subsidiary of Max Financial Services Ltd, reported strong Q1FY25 results with NBP growing by 12% to ₹2,073 crore and total APE growing by 19% to ₹1,328 crore. Management guided for high teens APE growth in FY25 with margins closer to 25-26%.

  • Max Financial Services ROE Similar to Industry Average - 01 Jul, 2024

    Max Financial Services' stock has risen by 5.8% in the last month, with a modest net income growth of 11% over the past five years. The company's ROE is similar to the industry average at 9%, and earnings are expected to accelerate according to industry analyst forecasts.

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

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 9.17K Cr → 14.89K Cr (in ₹), with an average increase of 14.9% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 34.59% to 34.69% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 5.85% to 6.14% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 6.52% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, SBI Life Insurance Company Ltd has given 48.1% return, outperforming this stock by 55.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 73.4% return, outperforming this stock by 45.5%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 148.56 Cr → -44.05 Cr (in ₹), with an average decrease of 129.7% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 years, MFSL stock has moved down by -7.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 25.85% to 24.74% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹14,898.52Cr
↑20.55%
Net Income
-₹50.08Cr
↓129.25%
Net Profit Margin
-0.34%
↓124.46%
2023Y/Y Change
Revenue
₹31,415.49Cr
↑0.75%
Net Income
₹451.89Cr
↑41.93%
Net Profit Margin
1.44%
↑41.18%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹6,780.57Cr
-
Total Liabilities
₹17.17Cr
↓44.25%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹34.07Cr
↓139.66%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
6.52%
0.00
Foreign Institutions
24.74%
-4.29
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

  • Overview

  • Trends

Lowest (24.85x)

March 23, 2020

Industry (30.27x)

July 23, 2024

Today (104.74x)

July 23, 2024

Highest (165.96x)

January 11, 2022

LowHigh

Earnings and Dividends

  • Max Financial Services Ltd Earnings Results

    Max Financial Services Ltd’s net profit fell -195.99% since last year same period to ₹-44.05Cr in the Q4 2023-2024. On a quarterly growth basis, Max Financial Services Ltd has generated -129.65% 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 0.35%.

    Read More about Dividends

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 ₹1094

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 ₹1098.
  • Today’s lowest price of Max Financial Services Ltd is ₹1026.2.

PE Ratio of Max Financial Services Ltd is 104.74

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 25.45L.

Today’s market capitalisation of Max Financial Services Ltd(MFSL) is ₹35605.49Cr.

Max Financial Services Ltd(MFSLPrice
52 Week High
₹1098
52 Week Low
₹763

Max Financial Services Ltd(MFSL) share price is ₹1094. It is down -0.36% from its 52 Week High price of ₹1098

Max Financial Services Ltd(MFSL) share price is ₹1094. It is up 43.38% from its 52 Week Low price of ₹763

Max Financial Services Ltd(MFSLReturns
1 Day Returns
62.3%
1 Month Returns
4.42%
3 Month Returns
0.09%
1 Year Returns
27.88%