Max Financial Services Ltd

NSE :MFSL   BSE :500271  Sector : Finance
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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%)


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 Pattern

  3.34% Total Promoter Holding
36.51% Mutual Fund Holdings
24.37% FIIs
6.43% Non Institution
6.19% Insurance Companies
0% Custodians
23.16% Other Parties

Shareholding History


Quarterly Result (Figures in Rs. Crores)


Max Financial Services Ltd Quaterly Results


Sep 2023Dec 2023Mar 2024Jun 2024Sep 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 2023Dec 2023Mar 2024Jun 2024Sep 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 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 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 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 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 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 68.7368.7269.0269.0253.953.8853.6853.4553.453.3
Reserves Total 3,797.23,449.523,865.593,273.942,092.622,005.161,765.62,281.21,912.323,248.72
Total Shareholders Funds3,865.933,518.243,934.613,342.962,146.522,059.041,819.282,334.651,965.723,302.02
Minority Interest503.61450.26550.3262.08672.33774.06782.52748.97702.57617.06
Secured Loans000000000542.56
Unsecured Loans522.57522.63522.113.462.7300000
Total Loan Funds522.57522.63522.113.462.730000542.56
Policy Holders Fund00000051,094.2738,365.9630,934.4926,386.46
Other Liabilities0000005.6893.86126.1215.51
Total Liabilities4,892.114,491.135,007.023,608.52,821.582,833.153,701.7541,543.4433,728.8831,063.61
APPLICATION OF FUNDS :
Gross Block 624.72627.22630.03656.43655.18559.24558.331,259.22815.61,997.73
Less: Accumulated Depreciation12.412.7713.617.6714.513.531.88519.53466.98797.91
Net Block612.32614.45616.43638.76640.67555.71556.45739.69348.621,199.82
Capital Work in Progress0000000.243.2837.0839.02
Investments 1,53,010.321,23,355.461,09,794.1691,765.7568,565.663,244.7652,683.1844,058.6736,101.5132,014.83
Inventories 000000000179.2
Sundry Debtors 0.05002.563.165.52.81530.84519.04693.42
Cash and Bank Balance905.931,177.85599.55508.41449.11508.41612.63356.23335.63319.28
Loans and Advances 8,242.516,672.176,737.115,141.264,857.742,841.681,381.31798.4664.34677.57
Total Current Assets9,148.497,850.027,336.665,652.235,310.013,355.591,996.751,685.471,519.011,869.47
Current Liabilities 1,57,816.791,27,284.281,12,725.6694,386.1571,568.9464,262.582,098.565,029.594,324.654,169.63
Provisions 58.6948.3612.0514.25135.73.965.82166.393.4264.37
Total Current Liabilities & Provisions1,57,875.481,27,332.641,12,737.7194,400.471,704.6364,266.542,104.385,195.894,418.064,434.01
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 Assets17.0410.451.367.9413.512.151.73002.86
Deferred Tax Liability20.586.613.82115.793.5858.6537.28008.2
Net Deferred Tax-3.543.84-2.52-47.859.93-56.5-35.5500-5.34
Other Assets00000.010.07605.07252.24140.72379.82
Total Assets4,892.114,491.135,007.023,608.52,821.582,833.0953,701.7541,543.4533,728.8831,063.61
Contingent Liabilities420.19539.94225.7262.05103.31124.07326.82468.35546.13571.52
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015
SOURCES OF FUNDS :
Share Capital 69.0269.0269.0269.0253.953.8853.6853.4553.453.3
Reserves Total 6,683.056,694.386,680.576,576.452,226.421,946.151,865.871,774.841,616.533,400.34
Total Shareholders Funds6,752.076,763.46,749.596,645.472,280.322,000.031,919.551,828.291,669.933,453.64
Unsecured Loans1.871.971.543.462.7300000
Total Loan Funds1.871.971.543.462.7300000
Other Liabilities0000005.683.282.655.05
Total Liabilities6,753.946,765.376,751.136,648.932,283.052,000.031,925.231,831.571,672.583,458.69
APPLICATION OF FUNDS :
Gross Block 7.6610.5813.3939.7938.5433.9833.0745.8619.7729.25
Less: Accumulated Depreciation 4.756.739.0814.6713.043.531.8813.2111.0416.13
Net Block2.913.854.3125.1225.530.4531.1932.658.7313.12
Capital Work in Progress0000000.24000.02
Investments 6,698.536,695.146,723.176,616.372,468.42,131.321,964.321,795.721,704.783,318.54
Sundry Debtors 12.2717.2815.0819.1819.2521.86.697.699.230
Cash and Bank Balance47.857.67311.471.943.12.969.78363.69
Loans and Advances 6.084.83.465.5710.468.8562.743.394.7129.77
Total Current Assets66.1579.7549.5426.2131.6533.7472.3920.8716.9393.46
Current Liabilities 4.694.410.0113.38106.82191.61140.8121.1417.8718.85
Provisions 10.9710.6412.0514.25135.73.964.864.1948.8332.05
Total Current Liabilities & Provisions15.6615.0422.0627.63242.51195.57145.6725.3366.7150.9
Net Current Assets50.4964.7127.47-1.42-210.87-161.82-73.28-4.46-49.7742.56
Deferred Tax Assets2.161.833.389.280.6500000
Deferred Tax Liability0.140.167.20.430.6500000
Net Deferred Tax2.021.67-3.828.85000000
Other Assets00000.010.072.767.668.8384.45
Total Assets6,753.956,765.376,751.136,648.922,283.042,000.021,925.231,831.571,672.573,458.69
Contingent Liabilities8.618.58.398.278.289.649.419.638.13115.76

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...414.84
Depreciation212.91
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 Assets1.78
Purchase of Investments-1,13,955.63
Sale of Investments1,01,524.13
Interest Received7,777.91
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
Depreciation1.59
Interest (Net)0.11
P/L on Sales of Assets0.03
Prov. and W/O (Net)-0.03
Total Adjustments (PBT and Ext...-0.35
Operating Profit before Workin...-11.9
Trade and 0ther Receivables5.01
Trade Payables0.38
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 Assets0.32
Purchase of Investments-48.17
Sale of Investments46.81
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
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 NomuraNon Executive Director
Mitsuru YasudaNon Executive Director
K Narasimha MurthyIndependent Director