Max Financial Services Ltd
NSE :MFSL BSE :500271 Sector : FinanceBuy, Sell or Hold MFSL? Ask The Analyst
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24 Dec 1103.90 (0.29%) | 23 Dec 1100.70 (-0.77%) | 20 Dec 1109.20 (-2.18%) | 19 Dec 1133.90 (-0.74%) | 18 Dec 1142.40 (-0.27%) | 17 Dec 1145.50 (-0.50%) | 16 Dec 1151.20 (2.07%) | 13 Dec 1127.85 (0.07%) | 12 Dec 1127.10 (-1.55%) | 11 Dec 1144.90 (-1.75%) | 10 Dec 1165.25 (-1.76%) | 09 Dec 1186.15 (2.13%) | 06 Dec 1161.45 (-0.57%) | 05 Dec 1168.10 (-0.16%) | 04 Dec 1169.95 (2.42%) | 03 Dec 1142.35 (2.49%) | 02 Dec 1114.65 (-1.70%) | 29 Nov 1133.95 (-0.56%) | 28 Nov 1140.30 (-4.02%) | 27 Nov 1188.05 (0.86%) | 26 Nov 1177.90 (0.69%) |
Price Chart Historical Data Technical Chart
Technical Analysis
Short Term Investors
Very Bearish
Medium Term Investors
Very Bearish
Long Term Investors
Bullish
Moving Averages
5 DMA
Bearish
1117.21
10 DMA
Bearish
1128.02
20 DMA
Bearish
1142.43
50 DMA
Bearish
1190.39
100 DMA
Bearish
1154
200 DMA
Bullish
1075.5
Intraday Support and Resistance
(Based on Pivot Points) |
Updated On Dec 24, 2024 04:00 PM For Next Trading Session
Pivots | Classic | Fibonacci | Camarilla | Woodie | DM |
---|---|---|---|---|---|
R3 | 1129.69 | 1122.17 | 1108.48 | - | - |
R2 | 1122.17 | 1115.81 | 1106.95 | 1121.76 | - |
R1 | 1113.04 | 1111.88 | 1105.43 | 1112.22 | 1117.6 |
P | 1105.52 | 1105.52 | 1105.52 | 1105.11 | 1107.8 |
S1 | 1096.39 | 1099.16 | 1102.37 | 1095.57 | 1100.95 |
S2 | 1088.87 | 1095.23 | 1100.85 | 1088.46 | - |
S3 | 1079.74 | 1088.87 | 1099.32 | - | - |
Key Metrics
EPS
0
P/E
0
P/B
5.64
Dividend Yield
0%
Market Cap
38,097 Cr.
Face Value
2
Book Value
195.5
ROE
8.11%
EBITDA Growth
174.37 Cr.
Debt/Equity
0.14
Shareholding History
Quarterly Result (Figures in Rs. Crores)
Max Financial Services Ltd Quaterly Results
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | ||
INCOME | 10189.14 | 12359.2 | 14898.52 | 11802.03 | 13376.12 | |
PROFIT | 147.89 | 148.56 | -44.05 | 127.29 | 112.56 | |
EPS | 4.29 | 4.3 | -1.28 | 3.69 | 3.26 |
Max Financial Services Ltd Quaterly Results
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | ||
INCOME | 6.32 | 5.52 | 4.76 | 3.77 | 3.76 | |
PROFIT | -2.72 | -2.47 | -3.68 | -2.6 | -2.46 | |
EPS | -0.08 | -0.07 | -0.11 | -0.08 | -0.07 |
Profit & Loss (Figures in Rs. Crores)
Max Financial Services Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | ||
INCOME | 14938.68 | 11711.87 | 15248.7 | 16338.72 | 19513.26 | 18241.76 | 31288.02 | 31187.58 | 31431.05 | 46618.32 | |
PROFIT | 280.22 | 252.72 | 394.89 | 286.44 | 262.71 | 144.99 | 425.49 | 253.36 | 378.49 | 340.14 | |
EPS | 12.16 | 12.83 | 22.2 | 16.46 | 15.46 | 10.12 | 16.22 | 9.23 | 13.15 | 11.43 |
Max Financial Services Ltd Profit & Loss
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | ||
INCOME | 584.66 | 201.22 | 256.28 | 264.21 | 317.78 | 495.02 | 307.81 | 202.05 | 58.24 | 21.71 | |
PROFIT | 391.07 | 115.18 | 154.01 | 144 | 49.57 | 272.53 | 99.31 | 102.62 | 13.87 | -11.2 | |
EPS | 14.67 | 4.32 | 5.76 | 5.36 | 1.83 | 10.11 | 2.88 | 2.97 | 0.4 | -0.33 |
Balance Sheet (Figures in Rs. Crores)
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 68.73 | 68.72 | 69.02 | 69.02 | 53.9 | 53.88 | 53.68 | 53.45 | 53.4 | 53.3 |
Reserves Total | 3,797.2 | 3,449.52 | 3,865.59 | 3,273.94 | 2,092.62 | 2,005.16 | 1,765.6 | 2,281.2 | 1,912.32 | 3,248.72 |
Total Shareholders Funds | 3,865.93 | 3,518.24 | 3,934.61 | 3,342.96 | 2,146.52 | 2,059.04 | 1,819.28 | 2,334.65 | 1,965.72 | 3,302.02 |
Minority Interest | 503.61 | 450.26 | 550.3 | 262.08 | 672.33 | 774.06 | 782.52 | 748.97 | 702.57 | 617.06 |
Secured Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 542.56 |
Unsecured Loans | 522.57 | 522.63 | 522.11 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 0 |
Total Loan Funds | 522.57 | 522.63 | 522.11 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 542.56 |
Policy Holders Fund | 0 | 0 | 0 | 0 | 0 | 0 | 51,094.27 | 38,365.96 | 30,934.49 | 26,386.46 |
Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 5.68 | 93.86 | 126.1 | 215.51 |
Total Liabilities | 4,892.11 | 4,491.13 | 5,007.02 | 3,608.5 | 2,821.58 | 2,833.1 | 53,701.75 | 41,543.44 | 33,728.88 | 31,063.61 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 624.72 | 627.22 | 630.03 | 656.43 | 655.18 | 559.24 | 558.33 | 1,259.22 | 815.6 | 1,997.73 |
Less: Accumulated Depreciation | 12.4 | 12.77 | 13.6 | 17.67 | 14.51 | 3.53 | 1.88 | 519.53 | 466.98 | 797.91 |
Net Block | 612.32 | 614.45 | 616.43 | 638.76 | 640.67 | 555.71 | 556.45 | 739.69 | 348.62 | 1,199.82 |
Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0.24 | 3.28 | 37.08 | 39.02 |
Investments | 1,53,010.32 | 1,23,355.46 | 1,09,794.16 | 91,765.75 | 68,565.6 | 63,244.76 | 52,683.18 | 44,058.67 | 36,101.51 | 32,014.83 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 179.2 |
Sundry Debtors | 0.05 | 0 | 0 | 2.56 | 3.16 | 5.5 | 2.81 | 530.84 | 519.04 | 693.42 |
Cash and Bank Balance | 905.93 | 1,177.85 | 599.55 | 508.41 | 449.11 | 508.41 | 612.63 | 356.23 | 335.63 | 319.28 |
Loans and Advances | 8,242.51 | 6,672.17 | 6,737.11 | 5,141.26 | 4,857.74 | 2,841.68 | 1,381.31 | 798.4 | 664.34 | 677.57 |
Total Current Assets | 9,148.49 | 7,850.02 | 7,336.66 | 5,652.23 | 5,310.01 | 3,355.59 | 1,996.75 | 1,685.47 | 1,519.01 | 1,869.47 |
Current Liabilities | 1,57,816.79 | 1,27,284.28 | 1,12,725.66 | 94,386.15 | 71,568.94 | 64,262.58 | 2,098.56 | 5,029.59 | 4,324.65 | 4,169.63 |
Provisions | 58.69 | 48.36 | 12.05 | 14.25 | 135.7 | 3.96 | 5.82 | 166.3 | 93.4 | 264.37 |
Total Current Liabilities & Provisions | 1,57,875.48 | 1,27,332.64 | 1,12,737.71 | 94,400.4 | 71,704.63 | 64,266.54 | 2,104.38 | 5,195.89 | 4,418.06 | 4,434.01 |
Net Current Assets | -1,48,726.99 | -1,19,482.62 | -1,05,401.05 | -88,748.17 | -66,394.63 | -60,910.95 | -107.64 | -3,510.42 | -2,899.05 | -2,564.54 |
Deferred Tax Assets | 17.04 | 10.45 | 1.3 | 67.94 | 13.51 | 2.15 | 1.73 | 0 | 0 | 2.86 |
Deferred Tax Liability | 20.58 | 6.61 | 3.82 | 115.79 | 3.58 | 58.65 | 37.28 | 0 | 0 | 8.2 |
Net Deferred Tax | -3.54 | 3.84 | -2.52 | -47.85 | 9.93 | -56.5 | -35.55 | 0 | 0 | -5.34 |
Other Assets | 0 | 0 | 0 | 0 | 0.01 | 0.07 | 605.07 | 252.24 | 140.72 | 379.82 |
Total Assets | 4,892.11 | 4,491.13 | 5,007.02 | 3,608.5 | 2,821.58 | 2,833.09 | 53,701.75 | 41,543.45 | 33,728.88 | 31,063.61 |
Contingent Liabilities | 420.19 | 539.94 | 225.7 | 262.05 | 103.31 | 124.07 | 326.82 | 468.35 | 546.13 | 571.52 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 69.02 | 69.02 | 69.02 | 69.02 | 53.9 | 53.88 | 53.68 | 53.45 | 53.4 | 53.3 |
Reserves Total | 6,683.05 | 6,694.38 | 6,680.57 | 6,576.45 | 2,226.42 | 1,946.15 | 1,865.87 | 1,774.84 | 1,616.53 | 3,400.34 |
Total Shareholders Funds | 6,752.07 | 6,763.4 | 6,749.59 | 6,645.47 | 2,280.32 | 2,000.03 | 1,919.55 | 1,828.29 | 1,669.93 | 3,453.64 |
Unsecured Loans | 1.87 | 1.97 | 1.54 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 0 |
Total Loan Funds | 1.87 | 1.97 | 1.54 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 5.68 | 3.28 | 2.65 | 5.05 |
Total Liabilities | 6,753.94 | 6,765.37 | 6,751.13 | 6,648.93 | 2,283.05 | 2,000.03 | 1,925.23 | 1,831.57 | 1,672.58 | 3,458.69 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 7.66 | 10.58 | 13.39 | 39.79 | 38.54 | 33.98 | 33.07 | 45.86 | 19.77 | 29.25 |
Less: Accumulated Depreciation | 4.75 | 6.73 | 9.08 | 14.67 | 13.04 | 3.53 | 1.88 | 13.21 | 11.04 | 16.13 |
Net Block | 2.91 | 3.85 | 4.31 | 25.12 | 25.5 | 30.45 | 31.19 | 32.65 | 8.73 | 13.12 |
Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0.24 | 0 | 0 | 0.02 |
Investments | 6,698.53 | 6,695.14 | 6,723.17 | 6,616.37 | 2,468.4 | 2,131.32 | 1,964.32 | 1,795.72 | 1,704.78 | 3,318.54 |
Sundry Debtors | 12.27 | 17.28 | 15.08 | 19.18 | 19.25 | 21.8 | 6.69 | 7.69 | 9.23 | 0 |
Cash and Bank Balance | 47.8 | 57.67 | 31 | 1.47 | 1.94 | 3.1 | 2.96 | 9.78 | 3 | 63.69 |
Loans and Advances | 6.08 | 4.8 | 3.46 | 5.57 | 10.46 | 8.85 | 62.74 | 3.39 | 4.71 | 29.77 |
Total Current Assets | 66.15 | 79.75 | 49.54 | 26.21 | 31.65 | 33.74 | 72.39 | 20.87 | 16.93 | 93.46 |
Current Liabilities | 4.69 | 4.4 | 10.01 | 13.38 | 106.82 | 191.61 | 140.81 | 21.14 | 17.87 | 18.85 |
Provisions | 10.97 | 10.64 | 12.05 | 14.25 | 135.7 | 3.96 | 4.86 | 4.19 | 48.83 | 32.05 |
Total Current Liabilities & Provisions | 15.66 | 15.04 | 22.06 | 27.63 | 242.51 | 195.57 | 145.67 | 25.33 | 66.71 | 50.9 |
Net Current Assets | 50.49 | 64.71 | 27.47 | -1.42 | -210.87 | -161.82 | -73.28 | -4.46 | -49.77 | 42.56 |
Deferred Tax Assets | 2.16 | 1.83 | 3.38 | 9.28 | 0.65 | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liability | 0.14 | 0.16 | 7.2 | 0.43 | 0.65 | 0 | 0 | 0 | 0 | 0 |
Net Deferred Tax | 2.02 | 1.67 | -3.82 | 8.85 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Assets | 0 | 0 | 0 | 0 | 0.01 | 0.07 | 2.76 | 7.66 | 8.83 | 84.45 |
Total Assets | 6,753.95 | 6,765.37 | 6,751.13 | 6,648.92 | 2,283.04 | 2,000.02 | 1,925.23 | 1,831.57 | 1,672.57 | 3,458.69 |
Contingent Liabilities | 8.61 | 8.5 | 8.39 | 8.27 | 8.28 | 9.64 | 9.41 | 9.63 | 8.13 | 115.76 |
Cash Flow (Figures in Rs. Crores)
Net Profit before Tax and Extr... | 414.84 |
Depreciation | 212.91 |
Interest (Net) | 59.79 |
P/L on Sales of Assets | -0.93 |
Prov. and W/O (Net) | -6.89 |
Others | -5.44 |
Total Adjustments (PBT and Ext... | 6,086.35 |
Operating Profit before Workin... | 6,501.19 |
Trade and 0ther Receivables | -241.27 |
Trade Payables | -192.45 |
Total Adjustments (OP before W... | -381.22 |
Cash Generated from/(used in) ... | 6,119.97 |
Direct Taxes Paid | -13.05 |
Total Adjustments(Cash Generat... | -13.05 |
Cash Flow before Extraordinary... | 6,106.93 |
Net Cash from Operating Activi... | 6,106.93 |
Sale of Fixed Assets | 1.78 |
Purchase of Investments | -1,13,955.63 |
Sale of Investments | 1,01,524.13 |
Interest Received | 7,777.91 |
Net Cash used in Investing Act... | -5,003.89 |
Proceeds from Issue of shares ... | 7.49 |
Of Financial Liabilities | -81.73 |
Interest Paid | -37.31 |
Net Cash used in Financing Act... | -116.98 |
Net Profit before Tax and Extr... | -11.55 |
Depreciation | 1.59 |
Interest (Net) | 0.11 |
P/L on Sales of Assets | 0.03 |
Prov. and W/O (Net) | -0.03 |
Total Adjustments (PBT and Ext... | -0.35 |
Operating Profit before Workin... | -11.9 |
Trade and 0ther Receivables | 5.01 |
Trade Payables | 0.38 |
Total Adjustments (OP before W... | 6.15 |
Cash Generated from/(used in) ... | -5.75 |
Direct Taxes Paid | -1.9 |
Total Adjustments(Cash Generat... | -1.9 |
Cash Flow before Extraordinary... | -7.65 |
Net Cash from Operating Activi... | -7.65 |
Sale of Fixed Assets | 0.32 |
Purchase of Investments | -48.17 |
Sale of Investments | 46.81 |
Net Cash used in Investing Act... | 8.58 |
Of Financial Liabilities | -1.04 |
Interest Paid | -0.11 |
Net Cash used in Financing Act... | -1.14 |
Company Details
Registered Office |
|
Address | Bhai Mohan Singh Nagar, Railmajra Tehsil Balachaur |
City | Nawanshahr |
State | Punjab |
Pin Code | 144533 |
Tel. No. | 91-01881-462000 |
Fax. No. | 91-01881-273607 |
vkrishnan@maxindia.com | |
Internet | http://www.maxfinancialservices.com |
Registrars |
|
Address | Bhai Mohan Singh Nagar |
City | Nawanshahr |
State | Punjab |
Pin Code | 144533 |
Tel. No. | 91-01881-462000 |
Fax. No. | 91-01881-273607 |
vkrishnan@maxindia.com | |
Internet | http://www.maxfinancialservices.com |
Management |
|
Name | Designation |
Aman Mehta | Non-Exec. & Independent Dir. |
Dinesh Kumar Mittal | Non-Exec. & Independent Dir. |
Analjit Singh | Chairman (Non-Executive) |
Sahil Vachani | Non Executive Director |
Jai Arya | Non-Exec. & Independent Dir. |
Charles Richard Vernon Stagg | Non-Exec. & Independent Dir. |
Hideaki Nomura | Non Executive Director |
Mitsuru Yasuda | Non Executive Director |
K Narasimha Murthy | Independent Director |