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Max Financial Services Limited (IN:MFSL)
:MFSL
India Market
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Max Financial Services Limited (MFSL) Ratios

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Max Financial Services Limited Ratios

IN:MFSL's free cash flow for Q4 2025 was ₹1.00. For the 2025 fiscal year, IN:MFSL's free cash flow was decreased by ₹ and operating cash flow was ₹<0.01. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 21
Liquidity Ratios
Current Ratio
0.00 0.00 0.00 0.40 0.41
Quick Ratio
0.00 0.00 0.00 0.40 0.41
Cash Ratio
0.00 0.00 0.00 0.54 0.58
Solvency Ratio
<0.01 <0.01 <0.01 0.28 0.28
Operating Cash Flow Ratio
0.00 0.00 0.00 6.01 6.98
Short-Term Operating Cash Flow Coverage
0.00 0.00 0.00 0.00 0.00
Net Current Asset Value
₹ -1.84T₹ -1.55T₹ -1.55T₹ -1.13T₹ -940.19B
Leverage Ratios
Debt-to-Assets Ratio
<0.01 <0.01 <0.01 <0.01 <0.01
Debt-to-Equity Ratio
0.19 0.22 0.22 0.20 0.09
Debt-to-Capital Ratio
0.16 0.18 0.18 0.17 0.08
Long-Term Debt-to-Capital Ratio
0.16 0.12 0.12 0.12 0.00
Financial Leverage Ratio
36.02 42.10 42.10 29.93 29.35
Debt Service Coverage Ratio
5.27 8.28 8.28 10.83 18.72
Interest Coverage Ratio
101.46 458.73 458.73 5.14 12.76
Debt to Market Cap
0.02 0.01 0.01 0.02 0.00
Interest Debt Per Share
33.16 27.15 27.14 23.11 8.95
Net Debt to EBITDA
-0.15 -1.08 -1.08 0.05 -0.98
Profitability Margins
Gross Profit Margin
100.00%78.93%78.93%94.59%95.27%
EBIT Margin
0.84%1.28%1.28%1.47%1.97%
EBITDA Margin
1.38%1.71%1.71%0.90%1.40%
Operating Profit Margin
23.96%91.88%91.88%0.32%0.88%
Pretax Profit Margin
0.78%0.89%0.89%1.25%1.90%
Net Profit Margin
0.57%0.73%0.73%0.82%1.36%
Continuous Operations Profit Margin
0.71%0.84%0.84%1.03%1.79%
Net Income Per EBT
73.17%81.99%81.99%65.19%71.75%
EBT Per EBIT
3.24%0.97%0.97%390.71%215.40%
Return on Assets (ROA)
0.14%0.21%0.21%0.22%0.43%
Return on Equity (ROE)
5.11%8.80%8.80%6.44%12.73%
Return on Capital Employed (ROCE)
5.99%26.25%26.25%0.09%0.28%
Return on Invested Capital (ROIC)
4.95%23.39%23.39%-25.77%-146.18%
Return on Tangible Assets
0.14%0.21%0.21%0.22%0.44%
Earnings Yield
0.49%0.97%0.97%0.97%1.43%
Efficiency Ratios
Receivables Turnover
21.63 0.00 0.00 0.00 0.00
Payables Turnover
2.18 6.59 6.59 1.19 1.26
Inventory Turnover
0.00 0.00 0.00 330.31 310.37
Fixed Asset Turnover
19.72K 16.00K 16.00K 104.42 90.32
Asset Turnover
0.25 0.29 0.29 0.26 0.32
Working Capital Turnover Ratio
0.00 34.28 34.28 -39.44 -47.32
Cash Conversion Cycle
-150.69 -55.39 -55.39 -306.49 -287.71
Days of Sales Outstanding
16.87 0.00 0.00 0.00 0.00
Days of Inventory Outstanding
0.00 0.00 0.00 1.11 1.18
Days of Payables Outstanding
167.57 55.39 55.39 307.60 288.89
Operating Cycle
16.87 0.00 0.00 1.11 1.18
Cash Flow Ratios
Operating Cash Flow Per Share
0.00 176.95 176.87 246.24 249.87
Free Cash Flow Per Share
0.00 170.50 170.41 242.53 247.47
CapEx Per Share
0.00 6.46 6.46 3.71 2.40
Free Cash Flow to Operating Cash Flow
0.00 0.96 0.96 0.98 0.99
Dividend Paid and CapEx Coverage Ratio
0.00 27.40 27.40 53.08 89.14
Capital Expenditure Coverage Ratio
0.00 27.40 27.40 66.37 103.95
Operating Cash Flow Coverage Ratio
0.00 7.24 7.24 10.92 30.00
Operating Cash Flow to Sales Ratio
0.00 0.13 0.13 0.27 0.28
Free Cash Flow Yield
0.00%16.75%16.75%32.17%28.79%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
205.03 103.26 103.31 102.66 69.71
Price-to-Sales (P/S) Ratio
1.17 0.76 0.76 0.84 0.95
Price-to-Book (P/B) Ratio
10.48 9.08 9.09 6.61 8.87
Price-to-Free Cash Flow (P/FCF) Ratio
0.00 5.97 5.97 3.11 3.47
Price-to-Operating Cash Flow Ratio
0.00 5.75 5.75 3.06 3.44
Price-to-Earnings Growth (PEG) Ratio
-11.66 -10.11 -10.12 -2.08 0.41
Price-to-Fair Value
10.48 9.08 9.09 6.61 8.87
Enterprise Value Multiple
84.67 43.22 43.24 93.05 66.89
Enterprise Value
555.00B 342.67B 342.84B 260.25B 292.25B
EV to EBITDA
84.67 43.22 43.24 93.05 66.89
EV to Sales
1.17 0.74 0.74 0.84 0.94
EV to Free Cash Flow
0.00 5.82 5.83 3.11 3.42
EV to Operating Cash Flow
0.00 5.61 5.61 3.06 3.39
Tangible Book Value Per Share
171.34 102.98 102.93 109.73 85.20
Shareholders’ Equity Per Share
153.75 112.02 111.96 114.04 96.89
Tax and Other Ratios
Effective Tax Rate
0.17 0.05 0.05 0.18 0.06
Revenue Per Share
1.39K 1.35K 1.35K 899.52 905.49
Net Income Per Share
7.86 9.85 9.85 7.34 12.33
Tax Burden
0.73 0.82 0.82 0.65 0.72
Interest Burden
0.92 0.70 0.70 0.85 0.96
Research & Development to Revenue
0.00 0.00 0.00 <0.01 <0.01
SG&A to Revenue
<0.01 0.07 0.07 <0.01 <0.01
Stock-Based Compensation to Revenue
0.00 <0.01 <0.01 <0.01 <0.01
Income Quality
0.00 14.72 14.72 21.86 14.54
Currency in INR
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