Max Financial Services Ltd
NSE :MFSL BSE :500271 Sector : FinanceBuy, Sell or Hold MFSL? Ask The Analyst
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14 Nov 1232.65 (2.93%) | 13 Nov 1197.55 (-2.10%) | 12 Nov 1223.30 (1.27%) | 11 Nov 1208.00 (-0.91%) | 08 Nov 1219.05 (-1.36%) | 07 Nov 1235.80 (0.60%) | 06 Nov 1228.45 (-1.80%) | 05 Nov 1251.00 (-0.38%) | 04 Nov 1255.75 (-2.37%) | 01 Nov 1286.25 (0.25%) | 31 Oct 1283.00 (2.41%) | 30 Oct 1252.80 (-1.56%) | 29 Oct 1272.60 (0.49%) | 28 Oct 1266.45 (-0.66%) | 25 Oct 1274.85 (-1.01%) | 24 Oct 1287.80 (1.25%) | 23 Oct 1271.90 (8.67%) | 22 Oct 1170.45 (-1.91%) | 21 Oct 1193.25 (-0.28%) | 18 Oct 1196.65 (1.96%) | 17 Oct 1173.70 (-1.89%) |
Price Chart Historical Data Technical Chart
Technical Analysis
Short Term Investors
Bearish
Medium Term Investors
Bullish
Long Term Investors
Very Bullish
Moving Averages
5 DMA
Bullish
1215.15
10 DMA
Bearish
1232.96
20 DMA
Bearish
1240.19
50 DMA
Bullish
1194.53
100 DMA
Bullish
1121.82
200 DMA
Bullish
1048.32
Intraday Support and Resistance
(Based on Pivot Points) |
Updated On Nov 14, 2024 04:00 PM For Next Trading Session
Pivots | Classic | Fibonacci | Camarilla | Woodie | DM |
---|---|---|---|---|---|
R3 | 1288.89 | 1262.02 | 1244.08 | - | - |
R2 | 1262.02 | 1246.15 | 1240.27 | 1265.06 | - |
R1 | 1247.34 | 1236.34 | 1236.46 | 1253.42 | 1254.68 |
P | 1220.47 | 1220.47 | 1220.47 | 1223.51 | 1224.14 |
S1 | 1205.79 | 1204.6 | 1228.84 | 1211.87 | 1213.13 |
S2 | 1178.92 | 1194.79 | 1225.03 | 1181.96 | - |
S3 | 1164.24 | 1178.92 | 1221.22 | - | - |
Key Metrics
EPS
0
P/E
0
P/B
6.3
Dividend Yield
0%
Market Cap
42,541 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 |