Max Financial Services Limited (BOM:500271)

Max Financial Services Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	514,605	511,976	394,379	344,366	219,148	260,182
Market Cap Growth	-0.70%	29.82%	14.52%	57.14%	-15.77%	-12.28%
Enterprise Value	528,018	540,553	408,865	350,283	228,453	270,317

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	612.70	609.71	120.52	101.25	57.90	102.69
PS Ratio	1.08	1.07	0.85	0.74	0.70	0.83
PB Ratio	8.02	7.98	6.16	7.88	5.52	5.80
P/FCF Ratio	4.58	4.56	4.85	5.86	2.25	3.11
P/OCF Ratio	4.49	4.46	4.72	5.64	2.21	3.06

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	1.11	1.13	0.88	0.75	0.73	0.87
EV/EBITDA Ratio	119.00	86.53	66.90	61.99	36.35	52.97
EV/EBIT Ratio	185.12	186.37	74.25	68.92	39.59	57.66
EV/FCF Ratio	4.70	4.81	5.03	5.96	2.34	3.23

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	0.29	0.29	0.22	0.19	0.21	0.17
Debt / EBITDA Ratio	2.98	2.98	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	-0.45	-0.45	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)	0.09%	0.09%	0.19%	0.22%	0.29%	0.27%
Return on Invested Capital (ROIC)	2.97%	3.14%	7.63%	9.62%	9.85%	8.41%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	0.16%	0.16%	0.83%	0.99%	1.73%	0.97%
FCF Yield	21.82%	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%

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 30, 2026

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