Max Financial Services Limited (BOM:500271)
India · Delayed Price · Currency is INR | Market Cap | 420.40B -19.4% |
| Revenue (ttm) | 516.50B +17.5% |
| Net Income | 1.86B +15.2% |
| EPS | 5.42 +15.2% |
| Shares Out | n/a |
| PE Ratio | 225.70 |
| Forward PE | 81.14 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 94,722 |
| Open | 1,246.90 |
| Previous Close | 1,232.30 |
| Day's Range | 1,193.70 - 1,259.85 |
| 52-Week Range | 1,194.00 - 1,891.35 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 1,918.80 (+56.94%) |
| Earnings Date | Oct 27, 2026 |
About Max Financial Services
Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. It operates through Business Investments and Others, and Life Insurance segments. The company offers participating and nonparticipating and linked products covering life insurance and pension and health benefits, including riders for individual and group through individual agents, corporate agents, banks, brokers, and other channels. It is also involved in treasury investment activities; and provision of management advisory services. Max Financi... [Read more]
Financial Performance
In fiscal year 2026, Max Financial Services's revenue was 476.92 billion, an increase of 2.57% compared to the previous year's 464.95 billion. Earnings were 839.90 million, a decrease of -74.33%.
Financial StatementsAnalyst Summary
According to 25 analysts, the average rating for 500271 stock is "Strong Buy." The 12-month stock price target is ₹1,919, which is an increase of 56.94% from the latest price.
News
Max Financial Services Transcript: Q2 26/27
H1 growth and profitability strengthened, with VNB up 21% and margins at 25.4%; H2 APE growth and margins are expected to improve. Management expects manageable effects from proposed EoM reforms, while persistency and regulatory changes remain watchpoints.
Max Financial Services Quarterly report: Q2 2027
Max Financial Services has published its Q2 2027 quarterly earnings report on October 28, 2026.
Max Financial Services Slides: Q2 2027
Max Financial Services has posted slides in relation to its Q2 2027 quarterly earnings report, which was published on October 28, 2026.
Max Financial Services Transcript: Q1 26/27
Q1 FY 2027 delivered strong growth in premiums, APE, and VNB margins, supported by robust distribution, digital innovation, and a healthy solvency position. Axis Bank's increased stake and new product launches further strengthened the business, with management guiding for continued margin and VNB outperformance.
Max Financial Services Quarterly report: Q1 2027
Max Financial Services has published its Q1 2027 quarterly earnings report on August 13, 2026.
Max Financial Services Slides: Q1 2027
Max Financial Services has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on August 13, 2026.
Axis Max Life Insurance to redeem debentures worth ₹496 crore
Axis Max Life Insurance Limited, a material subsidiary of Max Financial Services, has announced its decision to exercise a call option to redeem debentures worth ₹496 crore. The company will…
Dr Reddy's, Dixon Technology & more: Top stocks to watch today
Morgan Stanley maintained an equal-weight rating on Dr Reddy’s Labs, citing missed Q4FY26 estimates and a slight delay in Semaglutide ramp-up. Kotak Institutional Equities recommended buying Dixon Tec...
Max Financial Services Quarterly report: Q4 2026
Max Financial Services has published its Q4 2026 quarterly earnings report on May 12, 2026.
Max Financial Services Slides: Q4 2026
Max Financial Services has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 12, 2026.
Max Financial Services Annual report: Q4 2026
Max Financial Services has published its Q4 2026 annual report on May 12, 2026.
Max Financial Services to see retirement of independent director K. Narasimha Murthy
Max Financial Services has announced that K. Narasimha Murthy will retire as an Independent Director upon the completion of his term on 29 March 2026. This development follows the decision…
Max Financial Services receives approval to shift registered office to Haryana
Max Financial Services has received approval from the Regional Director, Northern Region, Chandigarh, Ministry of Corporate Affairs, to shift its registered office from the State of Punjab to the Stat...
Max Financial Services Slides: Corporate presentation
Max Financial Services has posted slides in relation to its latest quarterly earnings report, which was published on March 17, 2026.
Axis, Max Financial ink deal to list life cover JV
India Business News: MUMBAI: Axis Bank has entered into an agreement with Max Financial Services to pursue a listing of their life insurance joint venture, Axis Max Life I.
Top stocks to buy: Stock recommendations for February 23, 2026 week - check list
Stock market recommendations: Max Financial, and Delhivery are stocks recommended for buying by Motilal Oswal Financial Services Ltd for the trading week starting February 23, 2026. Below is a detaile...
Max Financial Services Transcript: Q3 25/26
Strong premium growth, improved margins, and robust digital and partnership expansion drove outperformance versus industry, despite GST and regulatory headwinds. Margin guidance remains intact, with further mitigation expected.
Max Financial Services Quarterly report: Q3 2026
Max Financial Services has published its Q3 2026 quarterly earnings report on February 11, 2026.
Max Financial Services Slides: Q3 2026
Max Financial Services has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 11, 2026.
These stocks are in focus as Cabinet reportedly clears Insurance Amendment Bill
Insurance stocks such as HDFC Life, LIC, ICICI Prudential, SBI Life, and Max Financial Services are expected to remain in...
Top stocks to buy today: Stock recommendations for November 27, 2025 - check list
Top stock market recommendations: Nifty and Bank Nifty are showing strong upward momentum, hitting new highs. Experts recommend buying Samvardhana Motherson International, Adani Ports, and Max Financi...
Jefferies bullish on Max Fin, says merger prospects with Axis Max Life improve after IRDAI move
Jefferies has reiterated its buy rating on Max Financial Services with a target price of ₹2,020, saying the recent regulatory...
Stocks to Buy Today, November 12: ONGC, PI Industries, Max Financial, Jindal Stainless, and BSE among top picks
In Wednesday’s session, several leading brokerages — including Jefferies, CLSA, Nomura, HSBC, and Goldman Sachs — issued fresh ratings and...
Max Financial Services Transcript: Q2 25/26
Strong H1 FY 2026 growth with 18% revenue increase, 27% VNB growth, and margin expansion to 23.3%, despite GST-related margin headwinds. Proprietary and partnership channels both contributed, with robust protection and annuity growth. Margin and growth guidance maintained.
Max Financial Services Quarterly report: Q2 2026
Max Financial Services has published its Q2 2026 quarterly earnings report on November 11, 2025.