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Max Financial Services Limited (IN:MFSL)
:MFSL
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Max Financial Services Limited
(MFSL)
Rating:65Neutral
Price Target:
₹1,759.00
▲(7.39% Upside)
Max Financial Services Limited (MFSL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹565.26B
Dividend YieldN/A
Average Volume (3M)19.38K
Price to Earnings (P/E)208.7
Beta (1Y)0.67
Revenue Growth-3.50%
EPS Growth-28.99%
CountryIN
Employees10
SectorFinancial
Sector Strength72
IndustryInsurance - Life
Share Statistics
EPS (TTM)1.61
Shares Outstanding345,114,780
10 Day Avg. Volume43,547
30 Day Avg. Volume19,375
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,806.00Price Target Upside10.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Max Financial Services Limited Business Overview & Revenue Model
Company DescriptionMax Financial Services Limited (MFSL) is a leading financial services company based in India, primarily focused on insurance, asset management, and investment solutions. The company operates through its subsidiaries, including Max Life Insurance, which provides a range of life insurance products, and Max Asset Management, which offers mutual funds and portfolio management services. MFSL aims to enhance customer financial security and wealth creation through innovative and personalized financial products.
How the Company Makes MoneyMax Financial Services Limited generates revenue through multiple streams, primarily from its insurance and asset management divisions. The company earns premiums from life insurance policies sold by Max Life Insurance, which can include term insurance, endowment plans, and unit-linked insurance plans (ULIPs). Additionally, MFSL collects management fees and commissions from its asset management services, which include mutual funds and investment advisory. The company has strategic partnerships with various banks and financial institutions, allowing it to distribute its products more widely and generate additional income through these collaborations. The combination of premium income, asset management fees, and commissions from partnerships form the core of MFSL's revenue model.
Max Financial Services Limited Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 464.97B | 464.95B | 314.13B | 310.35B | 312.41B |
| Gross Profit | 464.97B | 367.00B | 296.35B | 293.57B | 297.64B |
| EBITDA | 6.86B | 7.93B | 4.16B | 2.80B | 4.37B |
| Net Income | 3.27B | 3.40B | 3.78B | 2.53B | 4.25B |
Balance Sheet | |||||
| Total Assets | 1.90T | 1.63T | 1.32T | 1.18T | 981.32B |
| Cash, Cash Equivalents and Short-Term Investments | 15.07B | 34.35B | 12.26B | 26.18B | 23.25B |
| Total Debt | 10.25B | 8.44B | 8.21B | 7.78B | 2.87B |
| Total Liabilities | 1.84T | 1.58T | 1.28T | 1.13T | 945.27B |
| Stockholders Equity | 52.75B | 38.66B | 35.18B | 39.35B | 33.43B |
Cash Flow | |||||
| Free Cash Flow | 81.34B | 58.84B | 97.48B | 83.68B | 85.38B |
| Operating Cash Flow | 83.52B | 61.07B | 99.22B | 84.96B | 86.21B |
| Investing Cash Flow | -97.03B | -50.04B | -92.28B | -88.35B | -85.81B |
| Financing Cash Flow | 19.61B | -1.17B | -2.33B | 3.88B | -920.17M |
Max Financial Services Limited Technical Analysis
Positive
1637.90
Price Trends
1573.22
Positive
1452.20
Positive
1281.41
Positive
Market Momentum
27.59
Negative
66.26
Neutral
82.50
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MFSL, the sentiment is Positive. The current price of 1637.9 is above the 20-day moving average (MA) of 1554.58, above the 50-day MA of 1573.22, and above the 200-day MA of 1281.41, indicating a bullish trend. The MACD of 27.59 indicates Negative momentum. The RSI at 66.26 is Neutral, neither overbought nor oversold. The STOCH value of 82.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MFSL.
Max Financial Services Limited Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹950.59B | 35.39 | 0.65% | 15.68% | 26.12% | ||
65 Neutral | ₹565.26B | 208.67 | ― | -3.50% | -28.99% | ||
64 Neutral | ₹760.66B | 21.89 | ― | 14.14% | -1.33% | ||
58 Neutral | HK$112.88B | 7.17 | -4.87% | 3.89% | 9.40% | -47.42% | |
56 Neutral | ₹905.77B | 71.68 | 0.14% | -23.85% | 44.83% | ||
55 Neutral | ₹585.33B | 30.24 | 0.66% | 17.12% | 28.35% | ||
46 Neutral | ₹317.94B | 5.78 | 1.77% | 4.57% | 15.87% |
* Financial Sector Average
Performance Comparison
IN:MFSL
Max Financial Services Limited
1,637.90
565.10
52.68%
IN:ABCAPITAL
Aditya Birla Capital Ltd.
286.20
64.50
29.09%
IN:ICICIGI
ICICI Lombard General Insurance Co. Ltd.
1,912.00
-196.60
-9.32%
IN:ICICIPRULI
ICICI Prudential Life Insurance Co. Ltd.
626.15
-96.04
-13.30%
IN:LICHSGFIN
LIC Housing Finance Ltd
563.30
-90.78
-13.88%
IN:SUNDARMFIN
Sundaram Finance Limited
5,268.35
942.26
21.78%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.