Max Financial Services Limited is a financial-services holding company with its principal exposure to life insurance through Max Life Insurance. Its performance is linked to insurance premium growth, policy persistency, investment performance and the broader financialization of savings. Rising insurance penetration, product diversification and digital distribution provide opportunities. Claims, persistency, regulatory changes, investment returns, distribution costs and competition remain important factors.
| Market cap | Sales (TTM) | Net profit (TTM) | P/E | EPS (TTM) | P/B | ROE | ROE previous year | ROA | Debt / equity | Beta |
|---|---|---|---|---|---|---|---|---|---|---|
| ₹43,990 cr | ₹49,822 cr | ₹137 cr | 400.3 | 3.20 | 8.33 | 1.6% | 7.2% | 0.04% | 0.35 | 1.07 |
| Quarter | Sales ₹ cr | Net profit ₹ cr | EPS | EPS YoY | Sales YoY | Net margin |
|---|---|---|---|---|---|---|
| Jun 2026 | 14,970 | 118 | 2.78 | +37.0% | +16.8% | 0.8% |
| Mar 2026 | 10,802 | -32 | -0.77 | -184.6% | -12.7% | -0.3% |
| Dec 2025 | 14,259 | 45 | 1.07 | -34.0% | +59.8% | 0.3% |
| Sep 2025 | 9,792 | 6 | 0.12 | -96.3% | -26.8% | 0.1% |
| Jun 2025 | 12,822 | 86 | 2.03 | -45.0% | +8.7% | 0.7% |
| Mar 2025 | 12,376 | 38 | 0.91 | turnaround | -16.9% | 0.3% |
| Dec 2024 | 8,923 | 70 | 1.62 | -62.3% | -27.8% | 0.8% |
| Sep 2024 | 13,372 | 139 | 3.26 | -24.0% | +31.6% | 1.0% |
| Check | Result |
|---|---|
| Latest quarter EPS up 25%+ on a year ago | ✓ Pass |
| EPS growth accelerating over 3 quarters | ✗ Fail |
| Sales up 25%+, or sales growth accelerating | ✗ Fail |
| Annual EPS up 25%+ in each of the last 2 years | ✗ Fail |
| Net margin above the same quarter last year | ✓ Pass |
| Method | Checks | Score | Verdict |
|---|---|---|---|
| Minervini | ✗ Close above the 150- and 200-day averages ✗ 150-day above 200-day ✗ 200-day rising for a month ✗ 50-day above the 150- and 200-day ✗ Close above the 50-day ✗ At least 25% above the 52-week low · low 1,277.00 ✗ Within 25% of the 52-week high · high 1,870.00 ✗ RS percentile 70 or more · RS 24 Trend template - the gate, measured: a modest 21-day edge. | 0/8 | 0 of 8 |
| Weinstein | Stan Weinstein's stage analysis on the 30-week moving average. | Stage 4 - declining | |
| CAN SLIM | ✓ C latest quarter EPS up 25%+ ✗ A annual EPS up 25%+ in each of the last 2 years · O'Neil asks 3; ~2 held ✗ N within 15% of the 52-week high · high 1,870.00 ✗ S more volume on up days than down days (50 sessions) · 0.79x ✗ L RS percentile 80 or more · RS 24 — I institutional sponsorship rising · shareholding not collected yet ✓ M market in an uptrend (40%+ of stocks above their 200-day) · breadth 45% William O'Neil's growth-leader checklist. | 2/6 | Weak |
| Darvas | ✗ New 52-week high in the last 120 sessions Darvas needs a new 52-week high to start a box. | 10/100 | No box |
| Turtle | ✗ Close above the prior 55-session high · 1,604.90 ✗ Close above the prior 20-session high · 1,591.80 ✗ Close below the prior 20-session low · 1,263.30 Donchian channel breakout - the Turtle traders' entry. | No signal | |
| Greenblatt | The Magic Formula excludes banks and financial companies. | Not applicable | |
| Graham | ✗ Price at or below the Graham number · Graham number 105.22 ✗ P/E 15 or less · P/E 400.3 ✗ P/B 1.5 or less (or P/E x P/B 22.5 or less) · P/B 8.33 — Current ratio 2 or more — 10 years of positive earnings, 20 of dividends · history not held Benjamin Graham's defensive-investor tests. | 8/100 | Expensive |
| Piotroski | The F-score is built for non-financial companies. | Not applicable |
| Stock | 1M % | 3M % | 6M % | 1Y % | 3Y % | 5Y % | P/E | P/B | ROE % | ROCE % | ROA % | D/E | EV/EBITDA | ₹ Cr | Sales TTM ₹ Cr | Profit TTM ₹ Cr | EPS | Beta |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MFSL this stock | -17.8 | -17.0 | -24.1 | -17.2 | +36.4 | +30.6 | 400.3 | 8.33 | 1.6 | — | 0.04 | 0.35 | — | 43,990 | 49,822 | 137 | 3.2 | 1.07 |
| MCX | -2.3 | +13.0 | +11.4 | +70.7 | +628.9 | +719.4 | 52.7 | 19.26 | 32.8 | — | — | — | — | 81,045 | 2,631 | 1,542 | 60.5 | 0.82 |
| SMCGLOBAL | +33.0 | +33.7 | +67.8 | +58.8 | +139.2 | +179.4 | 16.3 | 1.73 | 8.1 | — | 1.91 | 1.53 | — | 2,254 | 2,392 | 140 | 6.6 | 1.45 |
| ANANDRATHI | -2.9 | +3.9 | +18.1 | +38.5 | +357.4 | — | 78.8 | 28.00 | 47.4 | 63.5 | — | 0.01 | 54.8 | 35,930 | 1,243 | 456 | 27.5 | 0.38 |
| BSE | +2.1 | -8.6 | -3.9 | +34.2 | +550.9 | +2089.9 | 48.5 | 20.39 | 45.0 | 56.9 | — | 0.00 | 39.9 | 1.36L | 5,442 | 2,822 | 68.7 | 1.31 |
| IIFL | +2.0 | +9.8 | +30.7 | +22.9 | -6.7 | +112.6 | 10.5 | 1.69 | 12.6 | — | 2.12 | 5.43 | — | 26,142 | 15,286 | 2,643 | 58.6 | 1.43 |
| ANGELONE | +1.3 | -6.6 | -5.1 | +21.3 | +37.6 | — | 23.9 | 4.15 | 15.6 | — | 4.49 | 1.13 | — | 27,703 | 5,651 | 1,155 | 12.7 | 1.62 |
| NUVAMA | -1.7 | -9.2 | +22.1 | +19.9 | +228.7 | — | 28.2 | 7.46 | 27.4 | — | 3.31 | 2.80 | — | 30,738 | 4,884 | 1,082 | 59.7 | 1.14 |
| PRUDENT | -12.7 | +8.0 | +12.7 | +14.7 | +130.2 | — | 51.6 | 14.34 | 28.6 | — | 20.48 | 0.00 | — | 12,656 | 1,371 | 245 | 59.2 | 1.05 |
| NAM-INDIA | -10.1 | -12.2 | +3.5 | +13.7 | +184.0 | +126.7 | 40.4 | 14.25 | 34.5 | — | 31.01 | 0.00 | — | 66,385 | 2,869 | 1,637 | 25.7 | 1.72 |
| ABSLAMC | -9.6 | -14.3 | -10.1 | +11.3 | +116.6 | +41.2 | 27.5 | 6.86 | 25.1 | 32.7 | — | — | 21.3 | 27,726 | 1,861 | 1,008 | 34.9 | 1.01 |