Max Financial Services Ltd
NSE :MFSL BSE :500271 Sector : FinanceBuy, Sell or Hold MFSL? Ask The Analyst
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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%) |
Price Chart Historical Data Technical Chart
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 History
Quarterly Result (Figures in Rs. Crores)
Max Financial Services Ltd Quaterly Results
Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 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 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 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 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 68.72 | 69.02 | 69.02 | 53.9 | 53.88 | 53.68 | 53.45 | 53.4 | 53.3 | 118.71 |
Reserves Total | 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 | 2,930.87 |
Total Shareholders Funds | 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 | 3,049.58 |
Minority Interest | 450.26 | 550.3 | 262.08 | 672.33 | 774.06 | 782.52 | 748.97 | 702.57 | 617.06 | 820.53 |
Secured Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 542.56 | 642.11 |
Unsecured Loans | 522.63 | 522.11 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 0 | 59.68 |
Total Loan Funds | 522.63 | 522.11 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 542.56 | 701.79 |
Policy Holders Fund | 0 | 0 | 0 | 0 | 0 | 51,094.27 | 38,365.96 | 30,934.49 | 26,386.46 | 19,032.39 |
Other Liabilities | 0 | 0 | 0 | 0 | 0 | 5.68 | 93.86 | 126.1 | 215.51 | 1,164.68 |
Total Liabilities | 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 | 24,768.97 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 627.22 | 630.03 | 656.43 | 655.18 | 559.24 | 558.33 | 1,259.22 | 815.6 | 1,997.73 | 2,414.56 |
Less: Accumulated Depreciation | 12.77 | 13.6 | 17.67 | 14.51 | 3.53 | 1.88 | 519.53 | 466.98 | 797.91 | 822.1 |
Net Block | 614.45 | 616.43 | 638.76 | 640.67 | 555.71 | 556.45 | 739.69 | 348.62 | 1,199.82 | 1,592.46 |
Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0.24 | 3.28 | 37.08 | 39.02 | 55.1 |
Investments | 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 | 25,133.59 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 179.2 | 169.4 |
Sundry Debtors | 0 | 0 | 2.56 | 3.16 | 5.5 | 2.81 | 530.84 | 519.04 | 693.42 | 658.13 |
Cash and Bank Balance | 1,044.46 | 599.55 | 508.41 | 449.11 | 508.41 | 612.63 | 356.23 | 335.63 | 319.28 | 394.47 |
Loans and Advances | 6,805.56 | 6,737.11 | 5,141.26 | 4,857.74 | 2,841.68 | 1,381.31 | 798.4 | 664.34 | 677.57 | 594.99 |
Total Current Assets | 7,850.01 | 7,336.66 | 5,652.23 | 5,310.01 | 3,355.59 | 1,996.75 | 1,685.47 | 1,519.01 | 1,869.47 | 1,816.99 |
Current Liabilities | 1,27,322 | 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 | 4,048.19 |
Provisions | 10.64 | 12.05 | 14.25 | 135.7 | 3.96 | 5.82 | 166.3 | 93.4 | 264.37 | 285.43 |
Total Current Liabilities & Provisions | 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 | 4,333.63 |
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 Assets | 3.86 | 1.3 | 67.94 | 13.51 | 2.15 | 1.73 | 0 | 0 | 2.86 | 14.21 |
Deferred Tax Liability | 0.01 | 3.82 | 115.79 | 3.58 | 58.65 | 37.28 | 0 | 0 | 8.2 | 28.99 |
Net Deferred Tax | 3.85 | -2.52 | -47.85 | 9.93 | -56.5 | -35.55 | 0 | 0 | -5.34 | -14.78 |
Other Assets | 0 | 0 | 0 | 0.01 | 0.07 | 605.07 | 252.24 | 140.72 | 379.82 | 519.25 |
Total Assets | 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 | 24,768.98 |
Contingent Liabilities | 539.94 | 225.7 | 262.05 | 103.31 | 124.07 | 326.82 | 468.35 | 546.13 | 571.52 | 494.81 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
SOURCES OF FUNDS : | ||||||||||
Share Capital | 69.02 | 69.02 | 69.02 | 53.9 | 53.88 | 53.68 | 53.45 | 53.4 | 53.3 | 53.25 |
Reserves Total | 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 | 3,133.09 |
Total Shareholders Funds | 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 | 3,186.34 |
Secured Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180.67 |
Unsecured Loans | 1.97 | 1.54 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Loan Funds | 1.97 | 1.54 | 3.46 | 2.73 | 0 | 0 | 0 | 0 | 0 | 180.67 |
Other Liabilities | 0 | 0 | 0 | 0 | 0 | 5.68 | 3.28 | 2.65 | 5.05 | 3.29 |
Total Liabilities | 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 | 3,370.3 |
APPLICATION OF FUNDS : | ||||||||||
Gross Block | 10.58 | 13.39 | 39.79 | 38.54 | 33.98 | 33.07 | 45.86 | 19.77 | 29.25 | 468.3 |
Less: Accumulated Depreciation | 6.73 | 9.08 | 14.67 | 13.04 | 3.53 | 1.88 | 13.21 | 11.04 | 16.13 | 168.28 |
Net Block | 3.85 | 4.31 | 25.12 | 25.5 | 30.45 | 31.19 | 32.65 | 8.73 | 13.12 | 300.02 |
Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0.24 | 0 | 0 | 0.02 | 24.55 |
Investments | 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 | 2,744.38 |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66.15 |
Sundry Debtors | 17.28 | 15.08 | 19.18 | 19.25 | 21.8 | 6.69 | 7.69 | 9.23 | 0 | 153.89 |
Cash and Bank Balance | 57.67 | 31 | 1.47 | 1.94 | 3.1 | 2.96 | 9.78 | 3 | 63.69 | 12.24 |
Loans and Advances | 4.8 | 3.46 | 5.57 | 10.46 | 8.85 | 62.74 | 3.39 | 4.71 | 29.77 | 102.51 |
Total Current Assets | 79.75 | 49.54 | 26.21 | 31.65 | 33.74 | 72.39 | 20.87 | 16.93 | 93.46 | 334.79 |
Current Liabilities | 4.4 | 10.01 | 13.38 | 106.82 | 191.61 | 140.81 | 21.14 | 17.87 | 18.85 | 85.73 |
Provisions | 10.64 | 12.05 | 14.25 | 135.7 | 3.96 | 4.86 | 4.19 | 48.83 | 32.05 | 53.84 |
Total Current Liabilities & Provisions | 15.04 | 22.06 | 27.63 | 242.51 | 195.57 | 145.67 | 25.33 | 66.71 | 50.9 | 139.57 |
Net Current Assets | 64.71 | 27.47 | -1.42 | -210.87 | -161.82 | -73.28 | -4.46 | -49.77 | 42.56 | 195.22 |
Deferred Tax Assets | 1.83 | 3.38 | 9.28 | 0.65 | 0 | 0 | 0 | 0 | 0 | 14.2 |
Deferred Tax Liability | 0.16 | 7.2 | 0.43 | 0.65 | 0 | 0 | 0 | 0 | 0 | 28.04 |
Net Deferred Tax | 1.67 | -3.82 | 8.85 | 0 | 0 | 0 | 0 | 0 | 0 | -13.84 |
Other Assets | 0 | 0 | 0 | 0.01 | 0.07 | 2.76 | 7.66 | 8.83 | 84.45 | 119.96 |
Total Assets | 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 | 3,370.29 |
Contingent Liabilities | 8.5 | 8.39 | 8.27 | 8.28 | 9.64 | 9.41 | 9.63 | 8.13 | 115.76 | 293.7 |
Cash Flow (Figures in Rs. Crores)
Net Profit before Tax and Extr... | 527.21 |
Depreciation | 177.77 |
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 Payables | 306.79 |
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 Assets | 2.09 |
Purchase of Investments | -12,09,044.81 |
Sale of Investments | 11,93,639.47 |
Interest Received | 6,513.25 |
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 |
Depreciation | 3.1 |
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 Assets | 0.04 |
Purchase of Investments | -454.44 |
Sale of Investments | 1,359.75 |
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 |
|
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 | Director |
Mitsuru Yasuda | Director |
K Narasimha Murthy | Independent Director |