Max Financial Services Ltd

Mid Cap

reflects a positive outlook for the share price

reflects a neutral outlook for the share price

reflects a negative outlook for the share price

The analysts information is for reference only and does not\n  represents an investment recommendation.

Analyst recommendation reflect the views of analysts who follow and write research reports.

Company Information is an introduction to the company’s business that details what it sell, how it was founded, what their mission is, how they manufacture or source their products, and why they serve customers.

Max Financial Services' board has approved a Qualified Institutional Placement to raise up to ₹2,000 crore, primarily to support its subsidiary Axis Max Life Insurance's growth and for general corporate purposes.

Max Financial Services Plans ₹2,000 Crore Fundraise - 12 Mar, 2026

JPMorgan Chase has initiated an Overweight rating on Max Financial Services with a target price of Rs 2,170, highlighting a positive turnaround in India's life insurance sector driven by GST exemptions and margin recovery.

JPMorgan Initiates Overweight on Max Financial Services - 11 Mar, 2026

Max Financial Services and Axis Bank are exploring options to list Axis Max Life Insurance by April 2027, potentially avoiding a traditional IPO. A board meeting is scheduled for March 12 to discuss capital raising for the subsidiary.

Max Financial Pursues Listing for Axis Max Life Insurance - 09 Mar, 2026

Max Financial Services is exploring a merger with Axis Max Life Insurance to facilitate a public listing. Initial approval has been granted by Axis Bank entities, pending regulatory permissions from the Insurance Regulatory and Development Authority of India.

Max Financial Services Plans Merger for Public Listing - 06 Mar, 2026

Max Financial Services shares surged to a record high of ₹1,857.80, rising 14% in February. The stock is up over 90% from its 52-week low of ₹972.55.

Max Financial Services Shares Reach Record High - 16 Feb, 2026

Price to Earnings Ratio or Price to Earnings Multiple is the ratio of the share price of a stock to its earnings per share (EPS). It provides an indication of whether a stock at its current market price is expensive or cheap.

The price/earnings-to-growth ratio, or the PEG ratio, is a metric that helps investors value a stock by taking into account a company's market price, its earnings, and its future growth prospects.

Enterprise value (EV) is the total value of a company, defined in terms of its financing. It includes both the current share price (market capitalization) and the cost to pay off debt (net debt, or debt minus cash).

Alpha measures the amount that the investment has returned in comparison to the market index or other broad benchmark that it is compared against.

Beta measures a stock's volatility, the degree to which its price fluctuates in relation to the overall stock market. In other words, it gives a sense of the stock's risk compared to that of the greater market.

Dividend yield measures the quantum of earnings by way of total dividends that investors make by investing in that company.

The debt-to-total-assets ratio shows how much of a business is owned by creditors (people it has borrowed money from) compared with how much of the company's assets are owned by shareholders.

Operating cash flow (OCF) is a measure of the amount of cash generated by a company's normal business operations. Operating cash flow indicates whether a company can generate sufficient positive cash flow to maintain and grow its operations.

This widget shows the information about the stock's peers in consideration along with the different data for those peers so that the user can compare the stock with the other similar stock and invest accordingly.

Promoter holding is the amount of share of the company that is owned by the promoters. The promoters are the company's founders, who hold a majority stake in the company's capital.

A foreign institutional investor (FII) is an investor or investment fund investing in a country outside of the one in which it is registered or headquartered.

A mutual fund is a pool of money managed by a professional Fund Manager. It is a trust that collects money from a number of investors who share a common investment objective and invests the same in equities, bonds, money market instruments, and other securities.

Retail investors execute their trades through traditional or online brokerage firms or other types of investment accounts. Retail investors purchase securities for their own personal accounts and often trade in dramatically smaller amounts as compared to institutional investors.

This widget shows the bifurcation of stocks based on the percentage of stake with the different types of shareholders.

This widget will help value the stock based on the Price to Earning ratio of the stock and compare the valuation with the industry value and other similar stocks. It even shows the timeline of the valuation of the stock and its highest and lowest valuation over time.
A Time Series data is provided which compares the historical stock PE with Industry PE over the period of 5 years.

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

Netprofit is up for the last 2 quarters, 4.12 Cr → 36.56 Cr (in ₹), with an average increase of 88.7% per quarter

This section gives you an insight into how the profit for the company has been for the last few quarters.

Profit Spike

Foreign Institutions have increased holdings from 22.92% to 23.27% in Dec 2025 quarter

This section gives you an insight into how the FII Holding has changed for the stock over last few quarters.

FII Holding Up

Retail Investor have increased holdings from 6.24% to 6.26% in Dec 2025 quarter

This section gives you an insight into how the Retail Investors Holding has changed for the stock over last few quarters.

Retail Holding Up

In the last 1 year, MFSL has outperformed top 5 stocks with highest market-cap in Life & Health Insurance

This section gives you an insight into why this company has been the best in its industry for the last 1 year.

Best in 1 Year

Revenue is up for the last 2 quarters, 9.79K Cr → 14.26K Cr (in ₹), with an average increase of 31.3% per quarter

This section gives you an insight into how the revenue of the company has moved for the last few quarters.

Revenue Rich

Mutual Funds have increased holdings from 38.66% to 39.49% in Dec 2025 quarter

This section gives you an insight into how the Mutual Funds Holding has changed for the stock over last few quarters.

MF Holding Up

In the last 1 year, MFSL stock has moved up by 51.4%

This section gives you an insight into the price movement of the stock for the last few quarters.

Price Rise

In the last 3 years, MFSL has outperformed top 5 stocks with highest market-cap in Life & Health Insurance

This section gives you an insight into why this company has been the best in its industry for the last 3 years.

Best in 3 Years

Promoters have decreased holdings from 1.71% to 1.25% in Dec 2025 quarter

This section gives you an insight into how the Promoter Holding has changed for the stock over the last few quarters.

Promoter Holding Down

Nifty Alpha 50

Nifty Midcap 100

S&P BSE 250 LargeMidCap

Nifty Midcap 50

Nifty Midcap 150

Nifty MidSmallcap 400

BSE 500

Nifty LargeMidcap 250

S&P BSE 400 MidSmallCap

Nifty 200

S&P BSE Fin. Ser

S&P BSE MidCap Select

Nifty 500

S&P BSE Momentum

DFRGRI Indices

S&P BSE 150 MidCap

BSE 200

HDFC Mid Cap Fund -Direct Plan - Growth Option

Nippon India Multi Cap Fund - Direct Plan - Growth

Kotak Midcap Fund Direct Growth

Nippon India Growth Mid Cap Fund - Direct Plan - Growth Mid Cap

SBI Midcap Fund Direct Growth

Max Financial Services Ltd’s net profit fell -34.76% since last year same period to ₹36.56Cr in the Q3 2025-2026. On a quarterly growth basis, Max Financial Services Ltd has generated 787.38% jump in its net profits since last 3-months.

Max Financial Services Ltd Earnings Results

In the quarter ending March 2016, Max Financial Services Ltd has declared dividend of ₹1.80 per share on 30 May 2016 - translating a dividend yield of 0.22%.

Name	Value	Action
MACD level (12,26)	-0.33	Bullish
CCI (20)	258.73	Bearish
RSI (14)	47.32	Neutral
Momentum (10)	1.5	Bullish
ADI (14)	25.99	Bullish
Ultimate Oscillator (7,14,28)	33.49	Neutral

Name	Value	Action
SMA (20)	1628.53	Bullish
EMA (20)	1629.16	Bearish
VWMA (20)	1629.05	Bearish
SMA (50)	1631.58	Bearish
EMA (50)	1631	Bearish
SMA (200)	1637.38	Bearish
EMA (200)	1636.56	Bearish
KAMA (200)	1630.85	Bearish
DEMA (200)	1631.19	Bearish

Max Financial Services Ltd (MFSL)

Summary

Overall

Oscillators

Moving Averages