Max Financial Services Limited

MFSL.NS · NSE

Price₹0.00+0.00 (+0.00%)

Price History

Volume & Moving Averages

Price50D200D

Analyst Price Target

₹0.00▲ 0.0% above current price

Range: ₹0.00 – ₹0.00 · 0 analysts

Based on Wall Street analyst estimates — not a Stockinder prediction.

About the company

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Key Metrics

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Recent Notable Coverage

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Growth

Health

Risk

Value

Quality

Ownership

Insider and institutional holdings, from Yahoo Finance — for Indian companies this roughly tracks promoter (insiders) and combined FII/DII (institutions) stakes, though not split out the same way a shareholding-pattern filing would.

Insiders2.1%

Institutions81.7%

Public / Other

Quarterly Resultsin ₹ Cr

	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30
Total money the company brought in from its core business during the quarter, before any costs are subtracted.	₹14,970.00 Cr	₹10,802.00 Cr	₹14,259.00 Cr	₹9,792.00 Cr	₹12,822.00 Cr	₹12,376.00 Cr	₹8,923.00 Cr	₹13,372.00 Cr	₹11,799.00 Cr	₹14,888.00 Cr	₹12,356.00 Cr	₹10,165.00 Cr
How much sales grew (or shrank) compared to the same quarter a year earlier — a cleaner read on momentum than comparing to the prior quarter, which can be skewed by seasonality.	+16.8%	-12.7%	+59.8%	-26.8%	+8.7%	-16.9%	-27.8%	+31.5%	–	–	–	–
Total operating costs for the quarter — everything subtracted from sales to arrive at operating profit.	₹14,803.00 Cr	₹10,808.00 Cr	₹14,181.00 Cr	₹9,771.00 Cr	₹12,703.00 Cr	₹12,356.00 Cr	₹8,834.00 Cr	₹13,199.00 Cr	₹11,608.00 Cr	₹14,945.00 Cr	₹12,146.00 Cr	₹10,021.00 Cr
Sales minus expenses — profit from core operations before depreciation, interest, and tax.	₹167.00 Cr	-₹6.00 Cr	₹78.00 Cr	₹21.00 Cr	₹119.00 Cr	₹20.00 Cr	₹89.00 Cr	₹173.00 Cr	₹190.00 Cr	-₹57.00 Cr	₹209.00 Cr	₹144.00 Cr
Operating profit as a percentage of sales — how much of each rupee of sales the core business keeps before depreciation, interest, and tax.	1.1%	-0.1%	0.6%	0.2%	0.9%	0.2%	1.0%	1.3%	1.6%	-0.4%	1.7%	1.4%
Income from outside core operations — investment gains, interest earned, asset sales, one-time items. A large share of profit coming from here (rather than the core business) is worth noticing.	₹7.00 Cr	₹5.00 Cr	₹9.00 Cr	₹7.00 Cr	₹3.00 Cr	₹18.00 Cr	₹3.00 Cr	₹2.00 Cr	₹1.00 Cr	₹10.00 Cr	₹4.00 Cr	₹25.00 Cr
Exceptional items	₹0.00 Cr	₹1.68 Cr	₹0.01 Cr	-₹0.04 Cr	-₹0.53 Cr	-₹1.95 Cr	-₹0.19 Cr	-₹0.51 Cr	-₹0.71 Cr	-₹0.12 Cr	₹0.00 Cr	₹0.00 Cr
Other income normal	₹7.10 Cr	₹3.54 Cr	₹8.50 Cr	₹7.03 Cr	₹3.25 Cr	₹20.32 Cr	₹3.12 Cr	₹2.72 Cr	₹2.17 Cr	₹9.68 Cr	₹3.52 Cr	₹24.52 Cr
The cost of servicing the company's debt during the period.	₹36.00 Cr	₹35.00 Cr	₹36.00 Cr	₹21.00 Cr	₹20.00 Cr	₹15.00 Cr	₹10.00 Cr	₹13.00 Cr	₹9.00 Cr	₹11.00 Cr	₹14.00 Cr	₹9.00 Cr
The non-cash accounting charge that spreads the cost of long-lived assets (equipment, buildings, intangibles) over their useful life.	₹0.00 Cr	₹0.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr	₹1.00 Cr
Profit after all operating costs, other income, interest, and depreciation — but before tax is subtracted.	₹138.00 Cr	-₹36.00 Cr	₹50.00 Cr	₹6.00 Cr	₹101.00 Cr	₹22.00 Cr	₹81.00 Cr	₹162.00 Cr	₹182.00 Cr	-₹59.00 Cr	₹198.00 Cr	₹158.00 Cr
Tax paid as a percentage of pre-tax profit. A rate well below the normal corporate rate can mean a one-time tax benefit rather than a durable advantage.	14.0%	-13.0%	11.0%	6.0%	14.0%	-73.0%	14.0%	14.0%	14.0%	-15.0%	14.0%	-8.0%
The company's bottom-line profit for the quarter after all expenses, interest, depreciation, and taxes are subtracted.	₹118.00 Cr	-₹32.00 Cr	₹45.00 Cr	₹6.00 Cr	₹86.00 Cr	₹38.00 Cr	₹70.00 Cr	₹139.00 Cr	₹156.00 Cr	-₹50.00 Cr	₹171.00 Cr	₹170.00 Cr
Net profit as a percentage of sales — how much of each rupee of sales ultimately becomes bottom-line profit.	0.8%	-0.3%	0.3%	0.1%	0.7%	0.3%	0.8%	1.0%	1.3%	-0.3%	1.4%	1.7%
Net profit divided by the number of shares outstanding for the quarter — profit attributable to each share.	₹2.77	₹-0.76	₹1.06	₹0.12	₹2.02	₹0.91	₹1.62	₹3.26	₹3.69	₹-1.28	₹4.30	₹4.29

Income Statementin ₹ Cr

	TTM	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31
Total money the company brought in from its core business during the period, before any costs are subtracted.	₹49,822.00 Cr	₹47,674.00 Cr	₹46,469.00 Cr	₹46,576.00 Cr	₹31,415.00 Cr	₹31,182.00 Cr	₹31,275.00 Cr	₹18,240.00 Cr	₹19,510.00 Cr	₹16,338.00 Cr
Earnings before interest, taxes, depreciation, and amortization — profit from core operations before those items, often used to compare companies regardless of how they're financed or how much they depreciate.	₹260.00 Cr	₹212.00 Cr	₹476.00 Cr	₹426.00 Cr	₹554.00 Cr	₹413.00 Cr	₹585.00 Cr	₹452.00 Cr	₹507.00 Cr	₹531.00 Cr
The non-cash accounting charge that spreads the cost of long-lived assets (equipment, buildings, intangibles) over their useful life.	₹2.00 Cr	₹2.00 Cr	₹3.00 Cr	₹3.00 Cr	₹5.00 Cr	₹5.00 Cr	₹5.00 Cr	₹11.00 Cr	₹2.00 Cr	₹2.00 Cr
Profit from core operations after subtracting the cost of revenue and operating expenses like R&D and marketing, but before interest and taxes.	₹258.00 Cr	₹210.00 Cr	₹473.00 Cr	₹423.00 Cr	₹549.00 Cr	₹408.00 Cr	₹580.00 Cr	₹441.00 Cr	₹505.00 Cr	₹529.00 Cr
Operating income as a percentage of revenue.	0.5%	0.4%	1.0%	0.9%	1.7%	1.3%	1.9%	2.4%	2.6%	3.2%
Income from outside core operations — investment gains, interest earned, asset sales, one-time items. A large share of profit coming from here (rather than the core business) is worth noticing.	₹28.00 Cr	₹23.00 Cr	₹21.00 Cr	₹36.00 Cr	₹16.00 Cr	₹6.00 Cr	₹13.00 Cr	₹2.00 Cr	₹3.00 Cr	₹1.00 Cr
Exceptional items	–	₹6.99 Cr	-₹6.69 Cr	-₹1.91 Cr	₹0.00 Cr	₹0.01 Cr	-₹0.11 Cr	₹0.00 Cr	-₹0.18 Cr	-₹0.06 Cr
Other income normal	–	₹16.35 Cr	₹27.87 Cr	₹37.90 Cr	₹15.56 Cr	₹5.79 Cr	₹13.50 Cr	₹1.78 Cr	₹2.94 Cr	₹0.98 Cr
The cost of servicing the company's debt during the period.	₹128.00 Cr	₹112.00 Cr	₹47.00 Cr	₹44.00 Cr	₹37.00 Cr	₹25.00 Cr	₹0.00 Cr	₹0.00 Cr	₹27.00 Cr	₹0.00 Cr
Profit after all operating costs, other income, interest, and depreciation — but before tax is subtracted.	₹158.00 Cr	₹121.00 Cr	₹447.00 Cr	₹415.00 Cr	₹527.00 Cr	₹389.00 Cr	₹593.00 Cr	₹442.00 Cr	₹481.00 Cr	₹530.00 Cr
Tax paid as a percentage of pre-tax profit. A rate well below the normal corporate rate can mean a one-time tax benefit rather than a durable advantage.	–	13.0%	10.0%	5.0%	14.0%	18.0%	6.0%	38.0%	13.0%	17.0%
The company's bottom-line profit after all expenses, interest, and taxes are subtracted.	₹137.00 Cr	₹106.00 Cr	₹403.00 Cr	₹393.00 Cr	₹452.00 Cr	₹318.00 Cr	₹560.00 Cr	₹273.00 Cr	₹416.00 Cr	₹442.00 Cr
Net income divided by the number of shares outstanding — profit attributable to each share.	₹3.19	₹2.43	₹9.48	₹9.85	₹10.97	₹7.34	₹12.33	₹5.38	₹9.75	₹10.67

Balance Sheetin ₹ Cr

	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31
Physical, long-lived assets used in the business — property, plant, equipment.	₹607.00 Cr	₹610.00 Cr	₹612.00 Cr	₹614.00 Cr	₹616.00 Cr	₹639.00 Cr	₹641.00 Cr	₹556.00 Cr	₹556.00 Cr	₹740.00 Cr
Financial investments the company holds — securities, stakes in other entities, and similar holdings.	₹1,86,014.00 Cr	₹1,79,841.00 Cr	₹1,52,959.00 Cr	₹1,23,355.00 Cr	₹1,09,794.00 Cr	₹91,766.00 Cr	₹68,566.00 Cr	₹63,245.00 Cr	₹52,683.00 Cr	₹44,059.00 Cr
Everything else the company owns that isn't fixed assets or investments — includes cash, receivables, and inventory, which this data source doesn't break out separately.	₹12,314.00 Cr	₹9,729.00 Cr	₹9,201.00 Cr	₹7,854.00 Cr	₹7,337.00 Cr	₹5,652.00 Cr	₹5,320.00 Cr	₹3,356.00 Cr	₹2,602.00 Cr	₹1,938.00 Cr
Everything the company owns that has value — cash, property, inventory, investments, and more.	₹1,98,936.00 Cr	₹1,90,180.00 Cr	₹1,62,771.00 Cr	₹1,31,824.00 Cr	₹1,17,747.00 Cr	₹98,057.00 Cr	₹74,526.00 Cr	₹67,156.00 Cr	₹55,842.00 Cr	₹46,739.00 Cr
All of the company's interest-bearing borrowings, short and long term combined.	₹1,859.00 Cr	₹1,026.00 Cr	₹523.00 Cr	₹523.00 Cr	₹522.00 Cr	₹3.00 Cr	₹3.00 Cr	₹0.00 Cr	₹0.00 Cr	₹0.00 Cr
Everything the company owes that isn't interest-bearing debt — payables, provisions, and other obligations.	₹1,91,795.00 Cr	₹1,83,879.00 Cr	₹1,58,383.00 Cr	₹1,27,783.00 Cr	₹1,13,291.00 Cr	₹94,710.00 Cr	₹72,377.00 Cr	₹65,097.00 Cr	₹54,022.00 Cr	₹44,405.00 Cr
Everything the company owes — debt, unpaid bills, and other obligations.	₹1,98,936.00 Cr	₹1,90,180.00 Cr	₹1,62,771.00 Cr	₹1,31,824.00 Cr	₹1,17,747.00 Cr	₹98,057.00 Cr	₹74,526.00 Cr	₹67,156.00 Cr	₹55,842.00 Cr	₹46,739.00 Cr
The face value of shares issued to shareholders — the smaller, more static part of shareholders' equity (see Reserves for the larger, accumulated part).	₹69.00 Cr	₹69.00 Cr	₹69.00 Cr	₹69.00 Cr	₹69.00 Cr	₹69.00 Cr	₹54.00 Cr	₹54.00 Cr	₹54.00 Cr	₹53.00 Cr
Accumulated retained profits and other reserves built up over the company's history — usually the bulk of shareholders' equity.	₹5,213.00 Cr	₹5,206.00 Cr	₹3,797.00 Cr	₹3,450.00 Cr	₹3,866.00 Cr	₹3,274.00 Cr	₹2,093.00 Cr	₹2,005.00 Cr	₹1,766.00 Cr	₹2,281.00 Cr
What would be left for shareholders if the company sold all its assets and paid off all its debts — total assets minus total liabilities.	₹5,282.00 Cr	₹5,275.00 Cr	₹3,866.00 Cr	₹3,519.00 Cr	₹3,935.00 Cr	₹3,343.00 Cr	₹2,147.00 Cr	₹2,059.00 Cr	₹1,820.00 Cr	₹2,334.00 Cr

Cash Flow Statementin ₹ Cr

	2026-03-31	2025-03-31	2024-03-31	2023-03-31	2022-03-31	2021-03-31	2020-03-31	2019-03-31	2018-03-31	2017-03-31
Actual cash generated by the core business, as opposed to accounting profit, which can include non-cash items.	₹11,473.00 Cr	₹8,352.00 Cr	₹6,104.00 Cr	₹9,922.00 Cr	₹8,496.00 Cr	₹6,892.00 Cr	₹5,452.00 Cr	₹8,826.00 Cr	₹7,534.00 Cr	₹6,526.00 Cr
Cash spent on or received from investments — buying/selling physical assets, securities, or other businesses. Usually negative for a growing company (it's spending to invest).	-₹11,125.00 Cr	-₹9,703.00 Cr	-₹5,001.00 Cr	-₹11,555.00 Cr	-₹8,835.00 Cr	-₹6,852.00 Cr	-₹4,991.00 Cr	-₹8,789.00 Cr	-₹6,951.00 Cr	-₹6,290.00 Cr
Cash flow from raising or repaying capital — issuing/repurchasing shares, taking on or repaying debt, paying dividends.	₹567.00 Cr	₹1,961.00 Cr	-₹117.00 Cr	-₹233.00 Cr	₹388.00 Cr	-₹92.00 Cr	-₹383.00 Cr	-₹174.00 Cr	-₹116.00 Cr	-₹215.00 Cr
The total change in the company's cash balance during the period — operating, investing, and financing cash flow combined.	₹915.00 Cr	₹610.00 Cr	₹986.00 Cr	-₹1,866.00 Cr	₹48.00 Cr	-₹51.00 Cr	₹78.00 Cr	-₹137.00 Cr	₹466.00 Cr	₹20.00 Cr
Cash left over after capital expenditures — money the company could use for dividends, buybacks, debt repayment, or reinvestment.	₹11,235.00 Cr	₹8,136.00 Cr	₹5,883.00 Cr	₹9,750.00 Cr	₹8,369.00 Cr	₹6,810.00 Cr	₹5,329.00 Cr	₹8,728.00 Cr	₹7,485.00 Cr	₹6,447.00 Cr

	You	Peer avg
P/E	485.4	27.3
Revenue Growth	-40.2%	+27.5%
ROE	–	22.2%

Max Financial Services Limited

Price History

Volume & Moving Averages

Analyst Price Target

About the company

Key Metrics

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Jarvis Analysis

Recent Notable Coverage

Report Card

Ownership

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Reports & Coverage

Con Call Reports

Board of Directors / Annual Reports

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Quarterly Resultsin ₹ Cr

Income Statementin ₹ Cr

Balance Sheetin ₹ Cr

Cash Flow Statementin ₹ Cr

Peer Comparison