Max Financial Services Limited (BOM:500271)

Max Financial Services Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 12, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	560,299	511,976	394,379	344,366	219,148	260,182
Market Cap Growth	31.39%	29.82%	14.52%	57.14%	-15.77%	-12.28%
Enterprise Value	568,896	540,553	408,865	350,283	228,453	270,317
PE Ratio	667.26	609.71	120.52	101.25	57.90	102.69
PS Ratio	1.17	1.07	0.85	0.74	0.70	0.83
PB Ratio	8.73	7.98	6.16	7.88	5.52	5.80
P/FCF Ratio	4.99	4.56	4.85	5.86	2.25	3.11
P/OCF Ratio	4.88	4.46	4.72	5.64	2.21	3.06
EV/Sales Ratio	1.19	1.13	0.88	0.75	0.73	0.87
EV/EBITDA Ratio	100.46	95.46	66.90	61.99	36.35	52.97
EV/EBIT Ratio	245.61	233.37	74.25	68.92	39.59	57.66
EV/FCF Ratio	5.07	4.81	5.03	5.96	2.34	3.23
Debt / Equity Ratio	0.29	0.29	0.22	0.19	0.21	0.17
Debt / EBITDA Ratio	3.28	3.28	2.09	1.32	1.18	1.35
Debt / FCF Ratio	0.17	0.17	0.18	0.14	0.08	0.09
Net Debt / Equity Ratio	-0.04	-0.04	0.06	0.00	-0.07	0.04
Net Debt / EBITDA Ratio	-0.49	-0.49	0.60	-0.04	-0.48	0.39
Net Debt / FCF Ratio	-0.02	-0.02	0.05	0.00	-0.03	0.02
Quick Ratio	0.83	0.83	0.30	0.32	0.38	0.18
Current Ratio	0.83	0.83	0.38	0.45	0.50	0.27
Asset Turnover	0.25	0.25	0.26	0.32	0.25	0.29
Return on Equity (ROE)	1.63%	1.63%	7.55%	9.44%	10.69%	7.87%
Return on Assets (ROA)	0.07%	0.07%	0.19%	0.22%	0.29%	0.27%
Return on Invested Capital (ROIC)	2.38%	2.51%	7.63%	9.62%	9.85%	8.41%
Earnings Yield	0.15%	0.16%	0.83%	0.99%	1.73%	0.97%
FCF Yield	20.04%	21.93%	20.62%	17.08%	44.48%	32.16%
Buyback Yield / Dilution	0.31%	0.31%	0.04%	0.45%	0.01%	-17.69%
Total Shareholder Return	0.31%	0.31%	0.04%	0.45%	0.01%	-17.69%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.