Axis Max Life Insurance Limited (BOM: 500271)

Axis Max Life Insurance Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Other Investments	76,126	59,283	54,878	60,509	40,631	33,724
Total Investments	76,957	60,121	55,732	61,378	41,566	34,623
Cash & Equivalents	5,157	8,581	11,204	5,689	5,072	4,475
Reinsurance Recoverable	-	1,219	1,768	-	-	-
Other Receivables	1.5	1,573	1,064	0.4	26.15	41.71
Separate Account Assets	1,735,721	1,548,511	1,240,935	1,102,461	927,445	699,603
Property, Plant & Equipment	22.9	29.06	38.49	43.11	251.21	255.02
Goodwill	5,253	5,253	5,253	5,253	5,253	5,253
Other Intangible Assets	3.2	3.46	-	-	-	-
Other Current Assets	22.1	2,337	2,118	2,648	954.64	913.21
Long-Term Deferred Tax Assets	21	23.38	38.57	12.99	88.43	99.37
Long-Term Deferred Charges	-	83.48	84.24	-	-	-
Other Long-Term Assets	4,755	0.17	3.24	0.4	-	-
Total Assets	1,827,912	1,627,735	1,318,238	1,177,486	980,656	745,262
Accounts Payable	13,465	14,865	17,095	14,147	11,693	8,094
Accrued Expenses	-	408.19	322.85	1,667	1,576	1,117
Insurance & Annuity Liabilities	1,727,540	1,536,949	1,229,417	1,081,903	896,385	691,644
Unpaid Claims	-	8,649	9,044	8,625	4,770	2,128
Unearned Premiums	-	3,448	3,353	3,779	4,002	1,817
Current Portion of Leases	-	589.1	549.5	533.19	524.32	514.7
Current Income Taxes Payable	96	-	-	-	10.94	1,238
Long-Term Debt	5,021	5,207	5,207	5,206	-	-
Long-Term Leases	3,582	2,566	2,456	1,941	2,260	2,677
Long-Term Deferred Tax Liabilities	199.7	58.77	0.14	38.18	566.97	-
Other Current Liabilities	22.5	3,369	2,296	2,518	805.32	3,966
Other Long-Term Liabilities	15,257	7,842	8,744	12,193	21,897	3,492
Total Liabilities	1,765,183	1,584,039	1,278,553	1,132,636	944,606	717,074
Common Stock	686.8	687.25	687.22	690.23	690.18	539.02
Additional Paid-In Capital	-	46,805	46,805	46,805	46,791	4,248
Retained Earnings	-	-8,278	-11,588	-8,571	-14,483	16,156
Treasury Stock	-	-1,196	-1,216	-	-	-
Comprehensive Income & Other	51,002	641.45	494.82	422.18	431.69	522.04
Total Common Equity	51,689	38,659	35,182	39,346	33,430	21,465
Minority Interest	11,040	5,036	4,503	5,503	2,621	6,723
Shareholders' Equity	62,729	43,695	39,685	44,849	36,050	28,189
Total Liabilities & Equity	1,827,912	1,627,735	1,318,238	1,177,486	980,656	745,262
Filing Date Shares Outstanding	345.28	343.63	343.61	345.11	345.09	269.51
Total Common Shares Outstanding	345.28	343.63	343.61	345.11	345.09	269.51
Total Debt	8,603	8,362	8,212	7,680	2,784	3,192
Net Cash (Debt)	-3,446	218.94	2,992	-1,991	2,288	1,282
Net Cash Growth	-	-92.68%	-	-	78.39%	-74.64%
Net Cash Per Share	-9.98	0.63	8.67	-5.77	7.80	4.76
Book Value Per Share	149.70	112.50	102.39	114.01	96.87	79.65
Tangible Book Value	46,433	33,403	29,930	34,094	28,177	16,213
Tangible Book Value Per Share	134.48	97.21	87.10	98.79	81.65	60.16
Buildings	-	2.91	2.91	2.91	264.08	264.08
Machinery	-	43.45	47.65	47.87	50.68	68.04
Leasehold Improvements	-	-	11.8	11.8	11.8	4.6

Source: S&P Capital IQ. Insurance template. Financial Sources.