Max Financial Services Limited (IN:MFSL)
:MFSL
Want to see IN:MFSL full AI Analyst Report?
MFSL Stock Chart & Stats
₹1677.95
-₹22.55(-2.03%)
At close: 4:00 PM EST
₹1677.95
-₹22.55(-2.03%)
Day’s Range― - ―
52-Week Range₹1,408.05 - ₹1,891.35
Previous CloseN/A
Volume194.45K
Average Volume (3M)13.30K
Market Cap
₹538.91B
Enterprise Value₹577.10B
Total Cash (Recent Filing)₹0.00
Total Debt (Recent Filing)₹0.00
Price to Earnings (P/E)644.5
Beta0.98
Next Earnings
Aug 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)7.87
Shares Outstanding345,114,780
10 Day Avg. Volume18,952
30 Day Avg. Volume13,298
Financial Highlights & Ratios
PEG Ratio-8.19
Price to Book (P/B)9.67
Price to Sales (P/S)1.07
P/FCF Ratio4.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹2,160.00Price Target Upside28.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)10.03
Revenue Forecast (FY)₹449.38B
Bulls Say, Bears Say
Bulls Say
Conservative Leverage / Strong Capital StructureA low debt-to-equity ratio (0.19) gives MFSL durable financial flexibility to support its stake in Max Life, absorb shocks or regulatory capital needs, and avoid high interest burdens. Conservative leverage preserves optionality for capital allocation over multiple quarters.
High Cash Conversion & Free Cash FlowNear-par free cash flow conversion (97.4%) indicates earnings translate into cash reliably. For a holding company reliant on insurer distributions, strong FCF supports sustainable dividends or reinvestment, improving long-term capital returns and resilience through insurance cycles.
Direct Exposure To Diversified Life-insurance FranchiseMFSL’s value is tied to Max Life’s diversified product mix—protection, savings, retirement and investment-linked plans—which creates multiple premium and fee streams. Structural product diversification in life insurance supports steady cash generation and a durable earnings base for the holding vehicle.
Bears Say
Very Low Net Profitability MarginsA net margin of 0.7% signals limited ability to convert revenue into distributable earnings. Persistent low profitability constrains MFSL’s capacity to generate shareholder returns from operating income and reduces room to absorb margin compression at the underlying insurer over multiple reporting periods.
Material Recent EPS DeclineA near-44% drop in reported EPS indicates a significant hit to underlying earnings or accounting/valuation swings affecting reported profit. Sustained EPS deterioration can weaken retained earnings, limit dividend prospects, and slow long-term book value growth for the holding company.
Concentration On A Single Underlying AssetMFSL’s economics depend heavily on one insurer. This single-asset concentration exposes shareholders to underwriting results, regulatory changes, capital calls or valuation shifts at Max Life. Limited operating diversification reduces resilience to insurer-specific shocks over time.
Max Financial Services Limited News
MFSL FAQ
What was Max Financial Services Limited’s price range in the past 12 months?
Max Financial Services Limited lowest stock price was ₹1408.05 and its highest was ₹1891.35 in the past 12 months.
What is Max Financial Services Limited’s market cap?
Max Financial Services Limited’s market cap is ₹538.91B.
When is Max Financial Services Limited’s upcoming earnings report date?
Max Financial Services Limited’s upcoming earnings report date is Aug 12, 2026 which is in 60 days.
How were Max Financial Services Limited’s earnings last quarter?
Max Financial Services Limited released its earnings results on May 12, 2026. The company reported ₹7.832 earnings per share for the quarter, the consensus estimate of ₹7.832 by ₹0.
Is Max Financial Services Limited overvalued?
According to Wall Street analysts Max Financial Services Limited’s price is currently Undervalued.
Does Max Financial Services Limited pay dividends?
Max Financial Services Limited pays a Annually dividend of ₹1.8 which represents an annual dividend yield of N/A. See more information on Max Financial Services Limited dividends here
What is Max Financial Services Limited’s EPS estimate?
Max Financial Services Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Max Financial Services Limited have?
Max Financial Services Limited has 345,114,780 shares outstanding.
What happened to Max Financial Services Limited’s price movement after its last earnings report?
Max Financial Services Limited reported an EPS of ₹7.832 in its last earnings report, expectations of ₹7.832. Following the earnings report the stock price went down -2.463%.
Which hedge fund is a major shareholder of Max Financial Services Limited?
Currently, no hedge funds are holding shares in IN:MFSL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Max Financial Services Limited
Max Financial Services Limited, an Indian enterprise, delivers life insurance offerings principally through its subsidiary. Its operational structure is bifurcated into two main divisions: Life Insurance and Business Investments. The company provides a comprehensive suite of financial protection products, encompassing participating, non-participating, and linked policies. These solutions are tailored for both individual and group customers, covering aspects such as life coverage, retirement planning, and health benefits, frequently with optional riders. Additionally, the firm conducts treasury investment management and offers management advisory services. Its products reach clients through a diverse distribution network, including independent and corporate agents, banking collaborations, brokerage houses, and various other channels. Founded in 1984 and based in Noida, India, the company was formerly known as Max India Limited, adopting its current name, Max Financial Services Limited, in January 2016.
MFSL Stock 12 Month Forecast
Average Price Target
₹2,160.00
▲(28.73% Upside)
Technical Analysis
Aditya Birla Sun Life Amc Limited
―
HDFC Life Insurance Co. Ltd.
―
ICICI Prudential Life Insurance Co. Ltd.
―
Life Insurance Corp. of India
―
SBI Life Insurance Co. Ltd.
―