Max Financial Services Limited (NSE:MFSL)

India flag India · Delayed Price · Currency is INR
1,624.40
-49.60 (-2.96%)
Jun 1, 2026, 3:30 PM IST
Market Cap574.93B +31.9%
Revenue (ttm)476.96B +2.6%
Net Income839.70M -74.3%
EPS2.45 -74.3%
Shares Out 343.45M
PE Ratio684.68
Forward PE119.50
Dividendn/a
Ex-Dividend Daten/a
Volume838,434
Open1,674.00
Previous Close1,674.00
Day's Range1,618.60 - 1,679.90
52-Week Range1,433.60 - 1,892.50
Beta0.64
AnalystsStrong Buy
Price Target2,064.80 (+27.11%)
Earnings DateMay 12, 2026

About Max Financial Services

Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. The company operates through Business Investments and Others, and Life Insurance segments. It offers participating and nonparticipating and linked products covering life insurance, pension and health benefits, including riders for individual and group through individual agents, corporate agents, banks, brokers, and other channels. The company is also involved treasury investment activities; and provision of management advisory services. Max Fina... [Read more]

Sector Financials
Founded 1988
Employees 10
Stock Exchange National Stock Exchange of India
Ticker Symbol MFSL
Full Company Profile

Financial Performance

In fiscal year 2026, Max Financial Services's revenue was 476.96 billion, an increase of 2.58% compared to the previous year's 464.96 billion. Earnings were 839.70 million, a decrease of -74.34%.

Financial Statements

News

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...

18 days ago - The Times of India

Max Financial Services Quarterly report: Q4 2026

Max Financial Services has published its Q4 2026 quarterly earnings report on May 12, 2026.

19 days ago - Filings

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.

19 days ago - Filings

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…

2 months ago - Business Upturn

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...

2 months ago - Business Upturn

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.

2 months ago - Filings

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.

3 months ago - The Times of India

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...

3 months ago - The Times of India

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.

3 months ago - Transcripts

Max Financial Services Quarterly report: Q3 2026

Max Financial Services has published its Q3 2026 quarterly earnings report on February 11, 2026.

3 months ago - Filings

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.

3 months ago - Filings

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...

6 months ago - Business Upturn

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...

6 months ago - The Times of India

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...

6 months ago - Business Upturn

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...

7 months ago - Business Upturn

Max Financial Services Transcript: Q2 25/26

Strong H1 FY 2026 growth with 18% premium increase, margin expansion to 25.5%, and robust digital and proprietary channel performance. Margin guidance of 24%-25% is maintained despite GST headwinds, with continued outperformance versus industry growth.

7 months ago - Transcripts

Max Financial Services Quarterly report: Q2 2026

Max Financial Services has published its Q2 2026 quarterly earnings report on November 11, 2025.

7 months ago - Filings

Max Financial Services Slides: Q2 2026

Max Financial Services has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on November 11, 2025.

7 months ago - Filings

[Brokerage Calls] Stocks to watch on November 12: Vodafone Idea, ONGC, Tata Power, Max Financial, BSE and Bharat Forge in spotlight

Several key stocks are in focus today as top brokerages issued fresh calls and updated price targets across oil, financial,...

7 months ago - Business Upturn

Max Financial share price: Jefferies maintains buy with ₹1,900 target, says VNB up 25% in Q2

Jefferies has reiterated its buy rating on Max Financial Services Ltd with a target price of ₹1,900 per share, citing...

7 months ago - Business Upturn

Max Financial Services shares jump 3% on Q1 results; NII rises16.8% YoY to Rs 132 crore, VNB up 32% YoY

Shares of Max Financial Services rose around 3% in Friday’s early trade after the company announced its Q1 FY26 results. As of 9:44 AM, the shares were trading 2.60% higher at Rs 1,544.00. The company...

10 months ago - Business Upturn

Max Financial Services Transcript: Q1 25/26

Q1 FY26 saw robust growth with revenue up 18%, VNB up 32%, and NBM expanding to 20.1%. Persistency and protection segments improved, while digital and product innovation drove operational efficiency. Margin guidance of 24%-25% is maintained for FY26.

10 months ago - Transcripts

Max Financial Services Quarterly report: Q1 2026

Max Financial Services has published its Q1 2026 quarterly earnings report on August 7, 2025.

10 months ago - Filings

Max Financial Services Slides: Q1 2026

Max Financial Services has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on August 7, 2025.

10 months ago - Filings

Citi sees 22% upside in Max Financial share; maintains ‘Buy’ on strong VNB growth and margin expansion

Citi has retained its ‘Buy’ rating on Max Financial Services with a target price of ₹1,840, implying a potential upside of 22% from the current market price of ₹1,510.00. The brokerage noted a solid 3...

10 months ago - Business Upturn