Max Financial Services Limited (NSE:MFSL)
India flag India · Delayed Price · Currency is INR
1,507.00
-3.80 (-0.25%)
Jul 31, 2026, 3:30 PM IST

Max Financial Services Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
476,964476,964464,955466,125314,237311,860
Revenue Growth
2.58%2.58%-0.25%48.34%0.76%-0.41%
Operating Income
2,9012,9015,5075,0835,7714,688
Net Income
839.7839.73,2723,4013,7852,534
Earnings Per Share
2.452.459.539.9010.977.34
EPS Growth
-74.26%-74.26%-3.75%-9.74%49.41%-49.41%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Inter Segment Elimination (Net)
-360.88-360.88-207.19-204.14-229.2-1,605
Business Investments and Others
387.13387.13256.61303.18646.841,997
Life Insurance
476,715476,715464,640465,657313,709311,420
Total
476,741476,741464,689465,756314,127311,812

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
21,37221,37210,7068,57311,2045,689
Total Debt
18,58718,58714,3728,3628,2127,680
Net Cash (Debt)
2,7852,785-3,667210.912,992-1,991
Net Cash Growth
----92.95%--
Net Cash Per Share
8.138.13-10.680.618.67-5.77

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
114,727114,72783,51861,04499,22384,959
Capital Expenditures
-2,444-2,444-2,181-2,228-1,739-1,280
Free Cash Flow
112,283112,28381,33758,81597,48483,679
Free Cash Flow Growth
38.05%38.05%38.29%-39.67%16.50%22.89%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Margin
0.61%0.61%1.18%1.09%1.84%1.50%
Pretax Margin
0.25%0.25%0.97%0.89%1.68%1.25%
Profit Margin
0.18%0.18%0.70%0.73%1.20%0.81%
FCF Margin
23.54%23.54%17.49%12.62%31.02%26.83%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
612.70609.71120.52101.2557.90102.69
Forward PE
112.74114.5184.7959.8345.0849.58
P/FCF Ratio
4.584.564.855.862.253.11
PS Ratio
1.081.070.850.740.700.83