Max Financial Services Ltd

NSE :MFSL   BSE :500271  Sector : Finance
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28 Mar
1002.20
(-1.34%)
27 Mar
1015.80
(2.84%)
26 Mar
987.75
(4.63%)
22 Mar
944.05
(-0.84%)
21 Mar
952.00
(0.82%)
20 Mar
944.25
(-1.79%)
19 Mar
961.50
(0.65%)
18 Mar
955.25
(-0.78%)
15 Mar
962.75
(0.23%)
14 Mar
960.55
(0.90%)
13 Mar
951.95
(-2.80%)
12 Mar
979.40
(-1.23%)
11 Mar
991.55
(1.34%)
07 Mar
978.40
(-0.22%)
06 Mar
980.55
(0.21%)
05 Mar
978.50
(-2.21%)
04 Mar
1000.60
(3.13%)
02 Mar
970.25
(0.19%)
01 Mar
968.45
(-0.13%)
29 Feb
969.70
(0.55%)
28 Feb
964.35
(3.09%)


Technical Analysis

Short Term Investors

Very Bullish

Medium Term Investors

Very Bullish

Long Term Investors

Very Bullish

Moving Averages

5 DMA
Bullish

980.45


10 DMA
Bullish

968.8


20 DMA
Bullish

972.91


50 DMA
Bullish

946.69


100 DMA
Bullish

955.63


200 DMA
Bullish

905.36



Intraday Support and Resistance
(Based on Pivot Points) |

Updated On Mar 28, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 1048.46 1037.93 1010.01 - -
R2 1037.93 1027.08 1007.41 1036.1 -
R1 1020.06 1020.38 1004.8 1016.4 1029
P 1009.53 1009.53 1009.53 1007.7 1014
S1 991.66 998.68 999.6 988 1000.6
S2 981.13 991.98 996.99 979.3 -
S3 963.26 981.13 994.39 - -

Key Metrics

EPS

0

P/E

0

P/B

5.12

Dividend Yield

0%

Market Cap

34,587 Cr.

Face Value

2

Book Value

195.83

ROE

9.24%

EBITDA Growth

211.88 Cr.

Debt/Equity

0.14

Shareholding Pattern

  6.52% Total Promoter Holding
31.93% Mutual Fund Holdings
29.02% FIIs
5.7% Non Institution
4.13% Insurance Companies
0% Custodians
22.7% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Max Financial Services Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 8898.35 9934.23 9171.46 10189.14 12359.2
PROFIT 224.94 45.89 87.68 147.89 148.56
EPS 6.52 1.33 2.54 4.29 4.3

Max Financial Services Ltd Quaterly Results


Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
INCOME 16.99 10.59 5.12 6.32 5.52
PROFIT 5.34 1.99 -2.37 -2.72 -2.47
EPS 0.15 0.06 -0.07 -0.08 -0.07

Profit & Loss (Figures in Rs. Crores)


Max Financial Services Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 11737.87 14938.68 11711.87 15248.7 16338.72 19513.26 18241.76 31288.02 31187.58 31431.05
PROFIT 141.2 280.22 252.72 394.89 286.44 262.71 144.99 425.49 253.36 378.49
EPS 6.12 12.16 12.83 22.2 16.46 15.46 10.12 16.22 9.23 13.15

Max Financial Services Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 1008.42 584.66 201.22 256.28 264.21 317.78 495.02 307.81 202.05 58.24
PROFIT 185.53 391.07 115.18 154.01 144 49.57 272.53 99.31 102.62 13.87
EPS 6.95 14.67 4.32 5.76 5.36 1.83 10.11 2.88 2.97 0.4

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 68.7269.0269.0253.953.8853.6853.4553.453.3118.71
Reserves Total 3,449.523,865.593,273.942,092.622,005.161,765.62,281.21,912.323,248.722,930.87
Total Shareholders Funds3,518.243,934.613,342.962,146.522,059.041,819.282,334.651,965.723,302.023,049.58
Minority Interest450.26550.3262.08672.33774.06782.52748.97702.57617.06820.53
Secured Loans00000000542.56642.11
Unsecured Loans522.63522.113.462.730000059.68
Total Loan Funds522.63522.113.462.730000542.56701.79
Policy Holders Fund0000051,094.2738,365.9630,934.4926,386.4619,032.39
Other Liabilities000005.6893.86126.1215.511,164.68
Total Liabilities4,491.135,007.023,608.52,821.582,833.153,701.7541,543.4433,728.8831,063.6124,768.97
APPLICATION OF FUNDS :
Gross Block 627.22630.03656.43655.18559.24558.331,259.22815.61,997.732,414.56
Less: Accumulated Depreciation12.7713.617.6714.513.531.88519.53466.98797.91822.1
Net Block614.45616.43638.76640.67555.71556.45739.69348.621,199.821,592.46
Capital Work in Progress000000.243.2837.0839.0255.1
Investments 1,23,355.461,09,794.1691,765.7568,565.663,244.7652,683.1844,058.6736,101.5132,014.8325,133.59
Inventories 00000000179.2169.4
Sundry Debtors 002.563.165.52.81530.84519.04693.42658.13
Cash and Bank Balance1,044.46599.55508.41449.11508.41612.63356.23335.63319.28394.47
Loans and Advances 6,805.566,737.115,141.264,857.742,841.681,381.31798.4664.34677.57594.99
Total Current Assets7,850.017,336.665,652.235,310.013,355.591,996.751,685.471,519.011,869.471,816.99
Current Liabilities 1,27,3221,12,725.6694,386.1571,568.9464,262.582,098.565,029.594,324.654,169.634,048.19
Provisions 10.6412.0514.25135.73.965.82166.393.4264.37285.43
Total Current Liabilities & Provisions1,27,332.641,12,737.7194,400.471,704.6364,266.542,104.385,195.894,418.064,434.014,333.63
Net Current Assets-1,19,482.63-1,05,401.05-88,748.17-66,394.63-60,910.95-107.64-3,510.42-2,899.05-2,564.54-2,516.64
Deferred Tax Assets3.861.367.9413.512.151.73002.8614.21
Deferred Tax Liability0.013.82115.793.5858.6537.28008.228.99
Net Deferred Tax3.85-2.52-47.859.93-56.5-35.5500-5.34-14.78
Other Assets0000.010.07605.07252.24140.72379.82519.25
Total Assets4,491.135,007.023,608.52,821.582,833.0953,701.7541,543.4533,728.8831,063.6124,768.98
Contingent Liabilities539.94225.7262.05103.31124.07326.82468.35546.13571.52494.81
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 69.0269.0269.0253.953.8853.6853.4553.453.353.25
Reserves Total 6,694.386,680.576,576.452,226.421,946.151,865.871,774.841,616.533,400.343,133.09
Total Shareholders Funds6,763.46,749.596,645.472,280.322,000.031,919.551,828.291,669.933,453.643,186.34
Secured Loans000000000180.67
Unsecured Loans1.971.543.462.73000000
Total Loan Funds1.971.543.462.7300000180.67
Other Liabilities000005.683.282.655.053.29
Total Liabilities6,765.376,751.136,648.932,283.052,000.031,925.231,831.571,672.583,458.693,370.3
APPLICATION OF FUNDS :
Gross Block 10.5813.3939.7938.5433.9833.0745.8619.7729.25468.3
Less: Accumulated Depreciation 6.739.0814.6713.043.531.8813.2111.0416.13168.28
Net Block3.854.3125.1225.530.4531.1932.658.7313.12300.02
Capital Work in Progress000000.24000.0224.55
Investments 6,695.146,723.176,616.372,468.42,131.321,964.321,795.721,704.783,318.542,744.38
Inventories 00000000066.15
Sundry Debtors 17.2815.0819.1819.2521.86.697.699.230153.89
Cash and Bank Balance57.67311.471.943.12.969.78363.6912.24
Loans and Advances 4.83.465.5710.468.8562.743.394.7129.77102.51
Total Current Assets79.7549.5426.2131.6533.7472.3920.8716.9393.46334.79
Current Liabilities 4.410.0113.38106.82191.61140.8121.1417.8718.8585.73
Provisions 10.6412.0514.25135.73.964.864.1948.8332.0553.84
Total Current Liabilities & Provisions15.0422.0627.63242.51195.57145.6725.3366.7150.9139.57
Net Current Assets64.7127.47-1.42-210.87-161.82-73.28-4.46-49.7742.56195.22
Deferred Tax Assets1.833.389.280.650000014.2
Deferred Tax Liability0.167.20.430.650000028.04
Net Deferred Tax1.67-3.828.85000000-13.84
Other Assets0000.010.072.767.668.8384.45119.96
Total Assets6,765.376,751.136,648.922,283.042,000.021,925.231,831.571,672.573,458.693,370.29
Contingent Liabilities8.58.398.278.289.649.419.638.13115.76293.7

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...527.21
Depreciation177.77
Interest (Net)29.72
P/L on Sales of Assets-0.31
P/L on Sales of Invest-6.69
Prov. and W/O (Net)7.68
Others-121.87
Total Adjustments (PBT and Ext...8,651.51
Operating Profit before Workin...9,178.72
Trade and 0ther Receivables-23.57
Trade Payables306.79
Total Adjustments (OP before W...838.68
Cash Generated from/(used in) ...10,017.4
Direct Taxes Paid-95.12
Total Adjustments(Cash Generat...-95.12
Cash Flow before Extraordinary...9,922.28
Net Cash from Operating Activi...9,922.28
Sale of Fixed Assets2.09
Purchase of Investments-12,09,044.81
Sale of Investments11,93,639.47
Interest Received6,513.25
Net Cash used in Investing Act...-9,227.65
Of Financial Liabilities-73.7
Interest Paid-37.2
Net Cash used in Financing Act...-232.76
Net Profit before Tax and Extr...19.25
Depreciation3.1
Interest (Net)0.11
P/L on Sales of Invest-6.69
Prov. and W/O (Net)-0.34
Total Adjustments (PBT and Ext...-32.17
Operating Profit before Workin...-12.93
Trade and 0ther Receivables-2.2
Trade Payables-4.38
Total Adjustments (OP before W...-9.7
Cash Generated from/(used in) ...-22.63
Direct Taxes Paid-11.44
Total Adjustments(Cash Generat...-11.44
Cash Flow before Extraordinary...-34.07
Net Cash from Operating Activi...-34.07
Sale of Fixed Assets0.04
Purchase of Investments-454.44
Sale of Investments1,359.75
Acquisition of Companies-842.66
Net Cash used in Investing Act...35.85
Of Financial Liabilities-1.76
Net Cash used in Financing Act...-1.76

Company Details

Registered Office
AddressBhai Mohan Singh Nagar,
Railmajra Tehsil Balachaur
CityNawanshahr
StatePunjab
Pin Code144533
Tel. No.91-01881-462000
Fax. No.91-01881-273607
Emailvkrishnan@maxindia.com
Internethttp://www.maxfinancialservices.com
Registrars
AddressBhai Mohan Singh Nagar
CityNawanshahr
StatePunjab
Pin Code144533
Tel. No.91-01881-462000
Fax. No.91-01881-273607
Emailvkrishnan@maxindia.com
Internethttp://www.maxfinancialservices.com
Management
Name Designation
Aman MehtaNon-Exec. & Independent Dir.
Dinesh Kumar MittalNon-Exec. & Independent Dir.
Analjit SinghChairman (Non-Executive)
Sahil VachaniNon Executive Director
Jai AryaNon-Exec. & Independent Dir.
Charles Richard Vernon StaggNon-Exec. & Independent Dir.
Hideaki NomuraDirector
Mitsuru YasudaDirector
K Narasimha MurthyIndependent Director