Market statusData NSENot investment advice
MAX FINANCIAL SERV

MAX FINANCIAL SERV Latest Share Price (MFSL)

TechnicalsTV Chart
1,477.00
2.90−0.20%
Overall Score50/100
Day range1,454
₹1,477.00
1,488
52-week1,434
₹1,477.00
1,893
Above low+3.0%
Below high22.0%
Range position9%
Open1,468.00
Prev Close1,479.90
Bid1,476.93140
Ask1,477.07100

TODAY IN ONE LINE

MFSL is little changed at ₹1477.00 on light volume — a quiet consolidation day.

With a market cap of ₹51,083.89 Cr., it trades at a P/E of 432.81. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume350.4K33%vs 20D avg
Price BandNo Band
Lower Band1,433.7
Upper Band1,522.3
Tick Size0.10
Daily Volatility1.66%
Annualised Vol31.71%
Market Cap₹51,083.89 Cr.
Promoter1.25%
Face Value₹2
Fwd P/E105.91
PEG74.34
EV/EBITDA267.67
P/S1.14
ROA0.09%
Beta0.79
Div Payout
THE STOCK SCORE
Overall Score50/100
Updated 07 Sept

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

MAX FINANCIAL SERV flags & news 

Key strengths, potential risks, and recent updates.

3 green flags🚩 4 red flags

Green Flags

  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Sales ContractionQuarterly sales dropped 100.0% YoY
  • Poor Capital ReturnsLow ROE of 1.6%
  • Expensive ValuationTrading at a high P/E ratio of 663.4x
  • Low Promoter HoldingPromoters hold only 1.3%

Latest MAX FINANCIAL SERV News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

11 SEPT 2026
corporate
Updates - Max Financial Services Limited has informed the Exchange regarding 'Disclosure under Regulation 30 o...
View PDF
09 SEPT 2026
corporate
Analysts/Institutional Investor Meet/Con. Call Updates - Max Financial Services Limited has informed the Exchange about Schedule of meet
View PDF
🔒Prime: full history + alerts on this stock
Valuation

MAX FINANCIAL SERV valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for MAX FINANCIAL SERV, framed against the sector median so the premium or discount is obvious at a glance.

MAX FINANCIAL SERV trades at a P/E of 432.81× and P/B of 9.67×, against the Financial Services sector median P/E of 15.65×.

Key MetricsMarket + reported · 11 Sept 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹51,083.89 Cr.
P/E Ratio
432.81
P/B Ratio
9.67
EPS
₹0.02
Profitability

Profitability

ROE
1.63%
ROCE
4.72%
Net Margin
0.18%
Op Margin
0.49%
Growth

Growth

EPS YoY
Revenue YoY
-40.2%
Qtr Sales
-99.98%
Qtr Profit
-99.38%
Financial Health

Financial Health

Debt / Equity
Book Value
₹186.02
Div Yield
Promoter Holding
1.25%
Technicals

MAX FINANCIAL SERV technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for MAX FINANCIAL SERV — derived from the latest tape, not yesterday's close.

MAX FINANCIAL SERV last traded at ₹1,477 with an intraday range of ₹1,453.6–₹1,488 — latest indicator, pivot and CPR signals below.

Last updated: 15 September 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹1477.00
LevelPrice (₹)Distance% Δ
R41560.93+83.93+5.68%
R31526.53+49.53+3.35%
R21507.27+30.27+2.05%
R11492.13+15.13+1.02%
PIVOT1472.87-4.13-0.28%
CURRENT1477.00
S11457.73-19.27-1.30%
S21438.47-38.53-2.61%
S31423.33-53.67-3.63%
S41388.93-88.07-5.96%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 1470.80P: 1472.87TC: 1474.93
R1
R2
R3
R4
indicator
LTP: 1477.00
PDH: 1483.70
PDL: 1452.00
● Market Sentiment

MFSL is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 1458.51468

● Price Position

Trading Inside opening range

Financials

MAX FINANCIAL SERV financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for MAX FINANCIAL SERV — consolidated or standalone — with margins, YoY growth and key ratios inline.

MAX FINANCIAL SERV reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹51,083.89 Cr. and reported EPS of ₹0.02.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Interest Earned522
638
22.1%
Other Income28
22
21.2%
Total Income46,497
47,696
2.6%
Net Interest Income (NII)Derived522
638
22.1%
Profit Before Tax (PBT)450
120
73.4%
43
15
64.6%
Effective Tax %Derived9.63%
12.80%
Profit/Loss from Discontinued Ops-3
1
133.3%
Total Profit for Period403
106
73.8%
Less: Non-controlling Interests76
22
71.7%
Net Profit (Owner's PAT)Derived327
84
74.3%
PAT Growth YoY %Derived-3.78%
-74.34%
Earnings Per Share (EPS ₹)9.48
2.43
74.4%
Diluted Shares Outstanding (Cr)35
35
0.0%
Other Comprehensive Income (Net of Tax)25
-70
382.9%
Dividend Income6
6
2.7%
Impairment On Financial Instruments-1
-1
13.4%
Net Gain Fair Value Changes78
-15
119.4%
Other Revenue From Operations45,855
47,038
2.6%
Revenue Sale Of Services1
100.0%
Rental Income7
8
7.5%
Sales CAGR · 3Y
+14.9%
Sales CAGR · 5Y
+8.8%
PAT CAGR · 3Y
-39.5%
PAT CAGR · 5Y
-27.7%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

MAX FINANCIAL SERV segment analysis : revenue and profit mix.

Disclosed business segments at MAX FINANCIAL SERV with their share of revenue and profit, switchable between consolidated and standalone reporting.

MAX FINANCIAL SERV discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for MAX FINANCIAL SERV.

Our AI distills the core fundamental drivers supporting MAX FINANCIAL SERV, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

MAX FINANCIAL SERV's investment case rests on 0 positive markers and 1 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

No strengths or opportunities on record.

bear case

Key Risks.

  • SWOT generation temporarily unavailable due to model error. The security token included in the request is invalid.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 563 (~36.0× the sector multiple of 15.7) would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

MAX FINANCIAL SERV shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in MAX FINANCIAL SERV — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

DII44.34%0.41%
FII48.06%0.18%
Public6.35%0.23%
Promoters1.25%

Ownership Distribution

Domestic Institutions
44.34%
Foreign Institutions
48.06%
Retail & Public
6.35%
Promoters
1.25%

Category Trends

Foreign Institutions Breakdown
Total Holding: 48.06%
Net Change: +0.18%
Category Total48.06%
Total Holding48.06%
Net Change+0.18%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 30.62%, but category aggregate is 48.06%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
MITSUI SUMITOMO INSURANCE COMPANY LIMITEd
21.86%
0.00%
0.00%
Jun 2026
Smallcap World Fund, Inc
2.96%
0.44%
+0.44%
Jun 2026
Government Pension Fund Global
1.55%
0.02%
-0.02%
Jun 2026
Vanguard Total International Stock Index Fund
1.12%
0.00%
0.00%
Jun 2026
Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index Funds
1.06%
1.06%
+1.06%
Jun 2026
Kotak Funds - India Midcap Fund
1.04%
0.02%
-0.02%
Jun 2026
Principal Funds, Inc. - Global Emerging Markets Fund
1.03%
0.00%
0.00%
Jun 2026
NEW YORK LIFE INSURANCE COMPANY
0.00%
0.00%
0.00%
Jun 2026
New World Fund Inc
0.00%
0.00%
0.00%
Jun 2026
KUWAIT INVESTMENT AUTHORITY FUND F238
0.00%
0.00%
0.00%
Jun 2026
Polar Capital Funds Plc - Emerging Market Stars Fund
0.00%
1.06%
-1.06%
Jun 2026
Wf Asian Smaller Companies Fund Limited
0.00%
0.00%
0.00%
Jun 2026
VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INT EQ
0.00%
0.00%
0.00%
Jun 2026
New York Life Insurance Co.
0.00%
0.00%
0.00%
Jun 2026
VANGUARD EMERGING MARKETS STOCK INDEX FU ND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUND
0.00%
1.05%
-1.05%
Jun 2026
MONEYLINE PORTFOLIO INVESTMENTS LIMITED
0.00%
0.00%
0.00%
Jun 2026
XENOK LIMITED
0.00%
0.00%
0.00%
Jun 2026
Government Of Singapore
0.00%
0.00%
0.00%
Jun 2026
WF Asian Smaller Co Fund Ltd
0.00%
0.00%
0.00%
Jun 2026
TVF FUND LTD
0.00%
0.00%
0.00%
Jun 2026
BARON EMERGING MARKETS FUND
0.00%
0.00%
0.00%
Jun 2026
NATIONAL WESTMINSTER BANK PLC AS TRUSTEE OF THE JUPITER INDIA FUND
0.00%
0.00%
0.00%
Jun 2026
Peers

MAX FINANCIAL SERV peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — MAX FINANCIAL SERV is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
TATA CAPITAL
₹1.55 Lakh Cr
Best Profit Growth
TAMBOLIIN
2793.64 %
Highest Dividend Yield
BALMER LAWRIE INVSTS. L
12.56 %

Peer Comparison

Company Name
09 · Chart Patterns

MAX FINANCIAL SERV chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for MAX FINANCIAL SERV — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

MAX FINANCIAL SERV delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for MAX FINANCIAL SERV over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in MAX FINANCIAL SERV stood at 64.7% of traded volume, against a 20-day average of 55.8%.

Avg Delivery (20D)55.8%+8.8 ppt latest vs avg
Highest Delivery76.2%on 07 Sept
Avg Volume (20D)5.22 L20-day run-rate
Conviction Trend↑ Strengthening+8.8 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

MAX FINANCIAL SERV announcements: results, concalls, ratings, M&A.

Filings MAX FINANCIAL SERV sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

MAX FINANCIAL SERV files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 182 documents below.

  1. 11 Sept 2026UpdatesView PDF

    Updates

    Max Financial Services Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure…

  2. 09 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Max Financial Services Limited has informed the Exchange about Schedule of meet

  3. 25 Aug 2026UpdatesView PDF

    Updates

    Max Financial Services Limited has informed the Exchange regarding 'Disclosure under the extant provisions of the SEBI (Listing Obligations and…

  4. 25 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Max Financial Services Limited has informed the Exchange about Copy of Newspaper Publication

  5. 20 Aug 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Max Financial Services Limited has informed the Exchange about the Transcript of Investors & Analysts Conference Call

Corporate Actions

MAX FINANCIAL SERV dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue MAX FINANCIAL SERV has declared, sequenced by announce and record date.

MAX FINANCIAL SERV corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

MAX FINANCIAL SERV insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in MAX FINANCIAL SERV as reported to SEBI — buying and selling signals from the people who know the business best.

MAX FINANCIAL SERV insider activity below tracks 5 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Max Financial Employees Welfare TrustInsider04 Jun 2025buy+8.7 K₹1.31 Cr.₹1,513.57
Max Financial Employees Welfare TrustInsider02 Jun 2025buy+91.8 K₹14.03 Cr.₹1,528.79
Max Financial Employees Welfare TrustInsider20 May 2025buy+1.05 L₹14.49 Cr.₹1,379.66
Max Financial Employees Welfare TrustInsider19 May 2025buy+1.75 L₹24.08 Cr.₹1,372.80
MAX VENTURES INVESTMENT HOLDINGS PRIVATE LIMITEDInsider27 Mar 2025sell55.00 L₹611.6 Cr.₹1,112.00
About the Company

About MAX FINANCIAL SERV: business, sector, key facts.

What MAX FINANCIAL SERV does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

MAX FINANCIAL SERV operates in the Life Insurance industry under the Financial Services sector, listed as NSE: MFSL, BSE: 500271.

MFSL
Financial Services

MAX FINANCIAL SERV

NSE · MFSL·BSE · 500271·www.maxfinancialservices.com

Max Financial Services Limited (MFSL) is a prominent Indian financial services company primarily focused on providing business investment and management advisory services. Its operations are segmented into two key areas: Business Investments and Others, and Life Insurance. The company's core strength lies in its diverse portfolio of financial products and services designed to cater to a broad spectrum of individual and corporate clients.

The Life Insurance segment constitutes a significant portion of MFSL's business. This segment offers a comprehensive range of life insurance products, including both participating and non-participating policies, along with linked products. These products cover various life-cycle needs, such as life insurance protection, pension planning, and health benefits. Further enhancing the appeal of these core products, MFSL provides various riders to customize insurance coverage according to specific client requirements. These products are offered to both individual customers and groups, demonstrating MFSL's capacity to serve diverse client profiles.

Beyond life insurance, MFSL engages in Business Investments and Other activities. This segment encompasses diverse ventures and investments, contributing to the company's overall financial performance. While specifics about the nature of these investments are limited in the provided information, their inclusion underscores MFSL's commitment to diversification and strategic growth beyond its core life insurance business.

MFSL leverages a multi-channel distribution strategy to reach its clientele effectively. The company utilizes a robust network of individual agents, corporate agents, banks, brokers, and other channels. This diversified approach maximizes market penetration and ensures accessibility to a broader customer base, contributing to the company's market reach and competitive advantage.

In summary, Max Financial Services Limited operates as a multifaceted financial services provider with a focus on life insurance and strategic investments. Its broad product range, diverse distribution network, and dual-segment operational structure position it as a significant player within the Indian financial landscape. Established in 1988 and headquartered in Noida, India, MFSL continues to grow and adapt to the evolving needs of the Indian financial market.

company facts
Employees
SectorFinancial Services
HeadquartersNoida, India
Market Cap₹51,083.89 Cr.
Listed OnNSE
leadership25 on record
Jyoti Sethi
Secretary & Executive Assistant
Mr. Aman Mehta
Non-Executive Independent Director
Mr. Amrit Singh
Chief Financial Officer
Mr. Analjit Singh
Non-Executive Chairman of the Board
Mr. Analjit Singh BA, BS, MBA
Founder & Non-Executive Chairman
Mr. Dinesh Mittal
Non-Executive Independent Director
Mr. Hideaki Nomura
Non-Executive Director
Mr. Jai Arya
Non-Executive Independent Director
Mr. Kummamuri Murthy
Non-Executive Independent Director
Mr. Mitsuru Yasuda
Non-Executive Director
Mr. Nishant Kumar
Chief Financial Officer
Mr. Piyush Soni
Company Secretary, Compliance Officer
§ ∞ · Plainly Answered

Questions investors ask about MAX FINANCIAL SERV (MFSL).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of MAX FINANCIAL SERV (MFSL)?

The current share price of MAX FINANCIAL SERV (MFSL) is ₹1,477.00. Today, the stock has declined by ₹2.90 (0.2%), trading in a range of ₹1,453.60 to ₹1,488.00. The stock opened at ₹1,468.00 with a trading volume of 3,50,366 shares.

02Is MAX FINANCIAL SERV stock a good investment for long-term?

MAX FINANCIAL SERV can be considered for long-term investment based on several factors. The company has a market capitalization of ₹51,083.89 Cr., P/E ratio of 432.81, ROE of 1.63%, and ROCE of 4.72%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of MAX FINANCIAL SERV stock?

The 52-week high price of MAX FINANCIAL SERV (MFSL) is ₹1,892.50, while the 52-week low is ₹1,433.60. Currently trading at ₹1,477.00, the stock is 3.03% above its 52-week low and 21.96% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy MAX FINANCIAL SERV stock at the current price?

Whether to buy MAX FINANCIAL SERV stock at ₹1,477.00 depends on multiple factors. The stock is currently trading with a P/E ratio of 432.81 and P/B ratio of 9.67. Today's performance shows a loss of 0.2%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of MAX FINANCIAL SERV and when is the next dividend?

MAX FINANCIAL SERV offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹1,477.00, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of MAX FINANCIAL SERV?

MAX FINANCIAL SERV's key financial metrics include: P/E Ratio: 432.81, P/B Ratio: 9.67, ROE: 1.63%, ROCE: 4.72%, Dividend Yield: 0%, EPS: ₹0.02, Book Value: ₹186.02, and Debt-to-Equity: 0. The company's market cap stands at ₹51,083.89 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is MAX FINANCIAL SERV stock performing today in the market?

MAX FINANCIAL SERV stock opened at ₹1,468.00 and is currently trading at ₹1,477.00, showing a decline of ₹2.90 (0.2%). The intraday high is ₹1,488.00 and low is ₹1,453.60. The trading volume stands at 3,50,366 shares, indicating moderate market participation today.

08What is the P/E ratio of MAX FINANCIAL SERV and what does it indicate?

MAX FINANCIAL SERV has a Price-to-Earnings (P/E) ratio of 432.81, which means investors are willing to pay 432.81 for every ₹1 of earnings. With an EPS of ₹0.02, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about MAX FINANCIAL SERV (MFSL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.