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MAX FINANCIAL SERVICES Financial Statement Analysis
[BOM: 500271|NSE : MFSL]

The Revenues of MAX FINANCIAL SERVICES have increased by 48.40% YoY .
The Earnings Per Share (EPS) of MAX FINANCIAL SERVICES has decreased by -10.16 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

MAX FINANCIAL SERVICES Last 5 Annual Financial Results
[BOM: 500271|NSE : MFSL]

ConsolidatedMar2024
Mar2023
Mar2022
Mar2021
Mar2020
Operating Income ₹46,573 Cr₹31,384 Cr₹31,156 Cr₹31,246 Cr₹18,209 Cr
Expenses ₹45,909 Cr₹30,670 Cr₹30,554 Cr₹30,672 Cr₹17,599 Cr
Operating Profit (Excl OI) ₹664 Cr₹714 Cr₹602 Cr₹574 Cr₹610 Cr
Other Income ₹56 Cr₹48 Cr₹34 Cr₹222 Cr₹32 Cr
Interest ₹93 Cr₹57 Cr₹67 Cr₹41 Cr₹39 Cr
Depreciation ₹213 Cr₹178 Cr₹180 Cr₹162 Cr₹161 Cr
Profit Before Tax ₹415 Cr₹527 Cr₹389 Cr₹593 Cr₹442 Cr
Profit After Tax ₹393 Cr₹452 Cr₹318 Cr₹560 Cr₹273 Cr
Consolidated Net Profit ₹340 Cr₹378 Cr₹253 Cr₹425 Cr₹145 Cr
Earnings Per Share (Rs)₹9.90₹11.02₹7.34₹12.33₹5.38
PAT Margin (%)0.841.441.021.791.50
ROE(%)10.6512.138.7520.4113.00
ROCE(%)12.0613.7611.6923.0922.89
Total Debt/Equity(x)0.130.150.130.000.00

Key Financials

Market Cap : ₹ 51,909.9 Cr
Revenue (TTM) : ₹ 46,470.2 Cr
Net Profit(TTM) : ₹ 405.3 Cr
EPS (TTM) : ₹ 11.7
P/E (TTM) : 128.1

Industry Peers & Returns1W1M1Y
MAX FINANCIAL SERVICES 0.2% 16.7% 63.7%
BSE 8.8% 31.2% 211.5%
360 ONE WAM 7.9% 15.4% 31.9%
NUVAMA WEALTH MANAGEMENT 0.3% 20.9% 51.5%
ANAND RATHI WEALTH 5.3% 16.1% -6.2%
PRUDENT CORPORATE ADVISORY SERVICES -2.3% 29.8% 70.4%
DELPHI WORLD MONEY -4.4% -13.4% -42.4%
SERA INVESTMENTS & FINANCE INDIA -2.9% 15.5% 182.7%
CASPIAN CORPORATE SERVICES -5.3% 10.4% -61.5%


MAX FINANCIAL SERVICES Revenues
[BOM: 500271|NSE : MFSL]

Y-o-Y

48.40 %

5 Yr CAGR

26.46 %

Years Revenues % Change
Mar2024 ₹46,573 Cr
48.40
Mar2023 ₹31,384 Cr
0.73
Mar2022 ₹31,156 Cr
-0.29
Mar2021 ₹31,246 Cr
71.59
Mar2020 ₹18,209 Cr -


MAX FINANCIAL SERVICES Operating Profit
[BOM: 500271|NSE : MFSL]

Y-o-Y

-7.00 %

5 Yr CAGR

2.15 %

Years Operating Profit % Change
Mar2024 ₹664 Cr
-7.00
Mar2023 ₹714 Cr
18.62
Mar2022 ₹602 Cr
5.00
Mar2021 ₹574 Cr
-6.00
Mar2020 ₹610 Cr -

Operating Margins
Y-o-Y

-37.28 %

5 Yr CAGR

-19.17 %

Years Operating Margin% % Change
Mar2024 1.43%
-37.28
Mar2023 2.28%
18.13
Mar2022 1.93%
4.89
Mar2021 1.84%
-45.07
Mar2020 3.35% -

MAX FINANCIAL SERVICES Profit After Tax
[BOM: 500271|NSE : MFSL]

Y-o-Y

-10.14 %

5 Yr CAGR

23.76 %

Years Profit After Tax % Change
Mar2024 ₹340 Cr
-10.14
Mar2023 ₹378 Cr
49.38
Mar2022 ₹253 Cr
-40.44
Mar2021 ₹425 Cr
193.39
Mar2020 ₹145 Cr -

PAT Margins
Y-o-Y

-41.67 %

5 Yr CAGR

-13.49 %

Years PAT Margin(%) % Change
Mar2024 0.84 %
-41.67
Mar2023 1.44 %
41.18
Mar2022 1.02 %
-43.02
Mar2021 1.79 %
19.33
Mar2020 1.5 % -

MAX FINANCIAL SERVICES Earnings Per Share (EPS)
[BOM: 500271|NSE : MFSL]

Y-o-Y

-10.16 %

5 Yr CAGR

16.47 %

Years EPS % Change
Mar2024 ₹9.90
-10.16
Mar2023 ₹11
50.14
Mar2022 ₹7.34
-40.47
Mar2021 ₹12
129.18
Mar2020 ₹5.38 -

MAX FINANCIAL SERVICES Return on Capital Employed (ROCE)
[BOM: 500271|NSE : MFSL]

Y-o-Y

-12.35 %

5 Yr CAGR

-14.80 %

Years ROCE % Change
Mar2024 12.06%
-12.35
Mar2023 13.76%
17.71
Mar2022 11.69%
-49.37
Mar2021 23.09%
0.87
Mar2020 22.89% -

MAX FINANCIAL SERVICES Share Price vs Sensex

Current Share Price : ₹1,504.2
Current MarketCap: ₹ 51,909.9 Cr
Updated EOD on :Jun 05,2025

Share Price Returns(%) 1 Week 1 Month 1 Year
MAX FINANCIAL SERVICES

0.2%

16.7%

63.7%

SENSEX

-0.2%

1%

10.2%

MAX FINANCIAL SERVICES related INDICES

BSE Indices1W1M1Y
BSE ALLCAP 6.4% 8.9% 7.5%
BSE MIDSMALLCAP 4.7% 9% 8.4%
BSE LARGEMIDCAP 4.5% 7.2% 8.3%
BSE CAPITAL MARKETS & INSURANCE 1.5% 13.1% NA
BSE 400 MIDSMALLCAP INDEX 1.2% 9.5% 9.5%
NSE Indices1W1M1Y
NIFTY MIDSMALL FINANCIAL SERVICES 5.1% 15.7% 38.1%
NIFTY MIDSMALLCAP 400 1.8% 10.6% 11.4%
NIFTY MIDCAP 150 1.5% 9.3% 11.9%
NIFTY MIDCAP 100 1.5% 9.1% 13.4%
NIFTY FINANCIAL SERVICES EX-BANK 1.4% 9.1% 30%

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FAQ about MAX FINANCIAL SERVICES Financials


How the annual revenues of MAX FINANCIAL SERVICES have changed ?

The Revenues of MAX FINANCIAL SERVICES have increased by 48.40% YoY .

How the Earnings per Share (EPS) of MAX FINANCIAL SERVICES have changed?

The Earnings Per Share (EPS) of MAX FINANCIAL SERVICES has decreased by -10.16 % YoY .