Overview Fundamentals Financials Technicals Corporate Action Shareholding Pattern Peer Comparison Volume Analysis Mutual Funds Invested News Stock Analysis About Company FAQs

Max Financial Services Ltd Share Price

NSE: MFSL Mid Cap ISIN: INE180A01020
As on 18 November 2025 at 23:52 IST
As on 18 November 2025 at 23:52 IST
1,681.30
-17.00
(-1.00%)
About Max Financial Services Ltd

Max Financial Services Ltd. is a prominent player in the financial services sector. It primarily focuses on life insurance. The company is known for its comprehensive range of life insurance products and strong market presence. Max Financial Services was founded on February 24, 1988. The company has grown to become a significant player in the life insurance industry. The headquarters of the company is located in New Delhi. Its main products include life insurance solutions such as savings plans, term plans, and group insurance plans. The company falls under the financial services sector. +

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Over 1 Month
9.74%
Over 6 Months
22.10%
Over 1 Year
37.22%
Over 3 Years
161.26%

Max Financial Services Ltd Summary

Close ₹1,698.30
Open ₹1,688
High ₹1,707.90
Low ₹1,678.10
Volume 6,98,271
Net Turnover (in Cr) ₹117.95
52Wk High ₹1,729.90
52Wk Low ₹950
52Wk High / Low
950
1,729.90

Max Financial Services Ltd Fundamentals

Key Financial Data

Market Cap (in Cr) ₹58,610.84
EPS (TTM) -
Book Value (BV) 195.21
Div. Yield -
P/E (TTM) -5,855.69
Price/Book Value 8.70
Delivery % 58.36 %
Face Value 2

Key Ratios

PE Ratio -
PB Ratio 5.87
EV to Sales 2,487.72
PEG Ratio -
ROA -0.14
ROE -0.14
Debt-Equity -
Net Profit Margin -57.34
Operating Profit Margin -47.51

Max Financial Services Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.)FY 2025FY 2024FY 2023FY 2022FY 2021
Total Revenue46,497.2446,613.5431,431.0631,187.5831,288.01
Total Expenses46,047.1346,197.4330,903.8530,798.9230,695.12
Profit Before Tax450.11416.11527.21388.66592.89
Profit After Tax406.76393.55451.89318.40559.75
Operating Profit After Depreciation450.11416.11527.21388.66592.89

Balance Sheet

Particulars (in ₹ Cr.)FY 2025FY 2024FY 2023FY 2022FY 2021
Fixed Assets527.66528.16529.10529.56550.38
Total Non Current Assets1,80,450.561,53,572.581,23,973.771,10,411.8992,413.36
Total Current Assets9,548.139,200.897,850.027,336.665,652.24
Total Assets1,89,998.691,62,773.471,31,823.781,17,748.5598,065.59
Total Shareholder's Fund5,274.523,865.933,518.243,934.613,342.96

Cash Flow

Particulars (in ₹ Cr.)FY 2025FY 2024FY 2023FY 2022FY 2021
Net Cash From Operating Activities8,351.806,104.369,922.298,495.866,892.24
Net Cash Used In Investing Activities-9,703.31-5,001.31-11,555.05-8,835.38-6,851.53
Net Cash Used In Financing Activities1,961.41-116.98-232.76387.97-92.15

Profit and Loss

Particulars (in ₹ Cr.)FY 2025FY 2024FY 2023FY 2022FY 2021
Total Revenue16.0821.7158.23202.06307.80
Total Expenses25.0333.2738.9954.97178.34
Profit Before Tax-8.95-11.5519.25147.08129.47
Profit After Tax-9.22-11.2313.87102.6299.23
Operating Profit After Depreciation-8.95-11.5519.25147.08129.47

Balance Sheet

Particulars (in ₹ Cr.)FY 2025FY 2024FY 2023FY 2022FY 2021
Fixed Assets2.412.913.854.3125.12
Total Non Current Assets6,691.466,703.466,700.666,727.486,650.33
Total Current Assets67.9066.1579.7549.5426.22
Total Assets6,759.366,769.616,780.416,777.026,676.55
Total Shareholder's Fund6,742.806,752.076,763.406,749.596,645.46

Cash Flow

Particulars (in ₹ Cr.)FY 2025FY 2024FY 2023FY 2022FY 2021
Net Cash From Operating Activities-6.75-10.25-34.0785.91-0.74
Net Cash Used In Investing Activities7.9311.1735.85-84.672.40
Net Cash Used In Financing Activities-1.09-1.14-1.76-1.08-1.72

Particulars (in ₹ Cr.)2025-092025-062025-032024-122024-09
Total Revenue9,791.5912,821.6512,375.768,922.6713,371.86
Total Expenses9,770.6212,703.5912,373.248,844.2613,199.24
Profit Before Tax6.26100.956.8370.52162.10
Profit After Tax5.8786.4538.2869.81139.34
Operating Profit after Depreciation28121.3122.8481.53175.34

Particulars (in ₹ Cr.)2025-092025-062025-032024-122024-09
Total Revenue2.872.993.744.323.69
Total Expenses6.035.266.165.915.93
Profit Before Tax-3.40-2.52-2.66-1.51-2.50
Profit After Tax-3.40-2.52-2.59-1.57-2.46
Operating Profit after Depreciation-3.16-2.22-2.32-1.20-2.17

Max Financial Services Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 1,681.63
S2 1,664.97
S3 1,651.83
Pivot 1,694.77
R1 1,711.43
R2 1,724.57
R3 1,741.23

Moving Average

20 SMA 1,586.89
50 SMA 1,583.65
100 SMA 1,581.49
200 SMA 1,409.16

Max Financial Services Ltd Corporate Actions

No available data

Max Financial Services Ltd Peer Comparison

CompanyPriceMarket Cap (in Cr)
GMR Airports Ltd₹97.70₹1,03,161.20
NBCC (India) Ltd₹116.70₹31,509
National Securities Depository Ltd₹1,151.70₹23,034
International Gemmological Institute (India) Ltd₹337.80₹14,598.35
Rites Ltd₹252.45₹12,132.84

Max Financial Services Ltd Top Mutal Funds Invested

Max Financial Services Ltd News

Max Financial Services to hold board meeting

On 11 November 2025

27 Sep 2025, 09:49 am

Max Financial Services to hold AGM

On 18 September 2025

26 Aug 2025, 11:20 am

Max Financial Services to hold board meeting

On 7 August 2025

27 Jun 2025, 11:08 am

Board of Max Financial Services approves change in CFO

At meeting held on 15 April 2025

15 Apr 2025, 02:03 pm

Max Financial Services schedules board meeting

On 13 May 2025

25 Mar 2025, 02:03 pm

Max Financial Services Ltd Stock Analysis

  1. Annual revenue for Max Financial Services Ltd decreased by 25.96% to ₹16.08 crore in FY 2025 from ₹21.71 crore in FY 2024.
  2. Annual Net Profit for Max Financial Services Ltd decreased by 17.89% to ₹-9.22 crore in FY 2025 from ₹-11.23 crore in FY 2024.
  3. Promoter Shareholding in Max Financial Services Ltd decreased by 1.66% in the most recent quarter, from 1.74% in June 2025 to 1.71% in September 2025.
  4. Max Financial Services Ltd delivered a 1-year return of 37.22% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
  5. Max Financial Services Ltd share price moved down by 1.00% from its previous close of INR ₹1,698.30. The latest Max Financial Services Ltd share price is INR ₹1,681.30.
  6. Max Financial Services Ltd share price today has been at a low of 1,680.20 and a high of 1,707.10. Over the past 52 weeks, the Max Financial Services Ltd share price has seen a low of 950 and a high of 1,729.90.

About Max Financial Services Ltd

Max Financial Services Ltd. is a leading player in the financial services sector. The company mainly focuses on life insurance through Max Life Insurance Company Limited. It is a joint venture with Axis Bank Limited, which offers long-term savings life insurance solutions and provides comprehensive protection through its multi-channel distribution.
Max Financial Services falls under the financial services sector. The company was incorporated on February 24, 1988, making it decades old. Over the years, Max Financial Services has grown to become a significant player in the life insurance industry. The company is known for its customer-centric approach and innovative solutions.
The headquarters of Max Financial Services Ltd. is located in New Delhi, India. The company is promoted by Analjit Singh, who is the Founding Chairman of The Max Group. His leadership has been instrumental in driving the company's growth and success. Apart from him, there are other managerial promoters who have contributed to the success of Max Financial Services. They are 
  • Mitsuru Yasuda
  • Sahil Vachani
  • Hideaki Nomura
  • K Narasimha Murthy
Max Financial Services’ main products include life insurance solutions. The company provides a range of life insurance products, including child plans, term plans, savings plans, retirement plans, and group insurance plans. These offerings cater to the diverse needs of individuals and businesses, ensuring financial security.
Max Financial Services is a key player in the life insurance sector, with a strong market presence and a reputation for excellence. It may not be the largest by market capitalization. However, the company's robust capabilities and customer-focused approach have positioned it as a trusted and reliable life insurance provider.
The promoter shareholding in Max Financial Services Ltd. stands at 3.34%. Max Ventures Investment Holdings Private Ltd. holds 3.22% of the company’s total equity. The registered office of Max Financial Services Ltd. is located at Bhai Mohan Singh Nagar, Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab - 144533, India. Its registrar & transfer agents are located in the Industrial Area, New Delhi.

Impact of the Company

Max Financial Services Ltd. is a prominent player in the financial services sector, primarily focused on life insurance. The company provides long-term savings, life insurance solutions, and comprehensive protection, which it accomplishes through its multi-channel distribution.
Economic Impact  Max Financial Services has had a large economic impact on the Indian financial services sector. The company has facilitated financial security and long-term savings for millions of individuals and families by providing a wide range of life insurance products. It provides child plans, term plans, savings plans, retirement plans, and group insurance plans. This has enabled individuals to secure their financial future and protect their loved ones. Additionally, these plans have contributed to economic stability and growth in the regions where the company operates.
Customer-Centric Approach One of the significant influences of Max Financial Services is its customer-centric approach. The company focuses on understanding and meeting the specific needs of its customers. This ensures that the customers receive personalized and comprehensive life insurance solutions. Max Financial Service is committed to customer satisfaction. This has resulted in high customer retention rates and long-term relationships with policyholders. The company's emphasis on customer-centricity has set new standards in the life insurance industry, encouraging other players to adopt similar practices.
Innovation and Technological Advancements Max Financial Services is at the forefront of innovation and technological advancements in the life insurance sector. The company leverages advanced technologies such as digital platforms, data analytics, and artificial intelligence to enhance its operations and improve customer experience. By embracing technology, Max Financial Services has improved its operational efficiency, reduced transaction times, and provided innovative life insurance solutions to its customers. These technological advancements have positioned Max Financial Services as a leader in the life insurance industry.
Market Position and Reputation Max Financial Services is a key player in the life insurance sector, with a strong market presence and a reputation for excellence. The company's robust capabilities and customer-focused approach have earned it the trust of policyholders. Also, it established long-term relationships with major players in the industry. Max Financial Services’ strong market position and reputation for quality have strengthened its status as a trusted and reliable life insurance provider.
Corporate Social Responsibility Max Financial Services is committed to corporate social responsibility (CSR). It also undertakes various initiatives to support community development. The company's CSR activities focus on education, healthcare, and environmental sustainability. By investing in these areas, Max Financial Services has made a positive impact on the lives of many individuals and communities. This fosters social and economic development. The company's CSR initiatives have also enhanced its reputation as a socially responsible and ethical organization.
Max Financial Services Ltd. has made a significant impact on the Indian financial services sector and the economy. The company has contributed to financial security and economic growth through its comprehensive range of life insurance products and services. Max Financial Services' focus on corporate social responsibility has further enhanced its influence and reputation.

FAQ’s

What is the share price of Max Financial Services Ltd today?

Max Financial Services Ltd share price as on 18 Nov 2025 is ₹ 1681.3

What is the Market Cap of Max Financial Services Ltd?

The market cap of Max Financial Services Ltd stock is ₹58,610.84 Cr.

What is the PE Ratio of Max Financial Services Ltd?

The Price to Earnings (P/E) Ratio of Max Financial Services Ltd is -

What is the PB Ratio of Max Financial Services Ltd?

The Price to Book (P/B) Ratio of Max Financial Services Ltd is 5.87

What is the 52 week high of Max Financial Services Ltd Share Price?

The 52 week high of Max Financial Services Ltd share price stands at ₹1,729.90

What is the 52 week low of Max Financial Services Ltd Share Price?

The 52 week low of Max Financial Services Ltd share price stands at ₹950

How can I buy shares of Max Financial Services Ltd?

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