Max Financial Services Limited (NSE:MFSL)
India · Delayed Price · Currency is INR 1,585.00
+10.00 (0.63%)
Aug 21, 2026, 3:14 PM IST
Max Financial Services Balance Sheet
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Assets
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Other Investments | - | 97,423 | 91,883 | 58,768 | 54,878 | 60,509 |
Total Investments | - | 98,231 | 92,706 | 59,606 | 55,732 | 61,378 |
Cash & Equivalents | - | 21,371 | 10,706 | 8,573 | 11,204 | 5,689 |
Reinsurance Recoverable | - | 1,109 | 1,250 | 1,219 | 1,768 | - |
Other Receivables | - | 1,205 | 2,179 | 1,544 | 1,064 | 0.4 |
Separate Account Assets | - | 1,858,270 | 1,786,102 | 1,548,511 | 1,240,935 | 1,102,461 |
Property, Plant & Equipment | - | 11.99 | 24.09 | 29.06 | 38.49 | 43.11 |
Goodwill | - | 5,253 | 5,253 | 5,253 | 5,253 | 5,253 |
Other Current Assets | - | 2,283 | 2,297 | 2,896 | 2,118 | 2,648 |
Long-Term Deferred Tax Assets | - | 287.1 | - | 20.23 | 38.57 | 12.99 |
Long-Term Deferred Charges | - | 81.1 | 107.5 | 83.48 | 84.24 | - |
Other Long-Term Assets | - | 1,253 | 1,172 | 0.17 | 3.24 | 0.4 |
Total Assets | - | 1,989,356 | 1,901,796 | 1,627,735 | 1,318,238 | 1,177,486 |
Liabilities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Accounts Payable | - | 26,151 | 18,395 | 14,850 | 17,095 | 14,147 |
Accrued Expenses | - | 750.19 | 480.04 | 408.19 | 322.85 | 1,667 |
Insurance & Annuity Liabilities | - | 1,834,696 | 1,776,383 | 1,536,949 | 1,229,417 | 1,081,903 |
Unpaid Claims | - | 11,845 | 9,430 | 8,649 | 9,044 | 8,625 |
Unearned Premiums | - | 4,319 | 4,726 | 3,448 | 3,353 | 3,779 |
Current Portion of Leases | - | 722.41 | 694.37 | 589.1 | 549.5 | 533.19 |
Current Income Taxes Payable | - | 70.7 | 47.58 | - | - | - |
Long-Term Debt | - | 18,584 | 10,255 | 5,207 | 5,207 | 5,206 |
Long-Term Leases | - | 4,096 | 3,432 | 2,566 | 2,456 | 1,941 |
Long-Term Deferred Tax Liabilities | - | - | 111.9 | 58.77 | 0.14 | 38.18 |
Other Current Liabilities | - | 13,459 | 6,835 | 3,392 | 2,296 | 2,518 |
Other Long-Term Liabilities | - | 9,638 | 6,839 | 7,835 | 8,744 | 12,193 |
Total Liabilities | - | 1,925,156 | 1,837,764 | 1,584,039 | 1,278,553 | 1,132,636 |
Shareholders' Equity
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Common Stock | - | 686.6 | 686.89 | 687.25 | 687.22 | 690.23 |
Additional Paid-In Capital | - | 46,805 | 46,805 | 46,805 | 46,805 | 46,805 |
Retained Earnings | - | 5,997 | 5,528 | -8,278 | -11,588 | -8,571 |
Treasury Stock | - | -1,762 | -1,411 | -1,196 | -1,216 | - |
Comprehensive Income & Other | - | 1,091 | 1,136 | 641.45 | 494.82 | 422.18 |
Total Common Equity | 52,818 | 52,818 | 52,745 | 38,659 | 35,182 | 39,346 |
Minority Interest | - | 11,382 | 11,287 | 5,036 | 4,503 | 5,503 |
Shareholders' Equity | 64,200 | 64,200 | 64,032 | 43,695 | 39,685 | 44,849 |
Total Liabilities & Equity | - | 1,989,356 | 1,901,796 | 1,627,735 | 1,318,238 | 1,177,486 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Filing Date Shares Outstanding | 343.74 | 343.3 | 343.45 | 343.63 | 343.61 | 345.11 |
Total Common Shares Outstanding | 343.74 | 343.3 | 343.45 | 343.63 | 343.61 | 345.11 |
Total Debt | 23,403 | 23,403 | 14,381 | 8,362 | 8,212 | 7,680 |
Net Cash (Debt) | -2,031 | -2,031 | -3,675 | 210.91 | 2,992 | -1,991 |
Net Cash Growth | - | - | - | -92.95% | - | - |
Net Cash Per Share | -5.92 | -5.92 | -10.70 | 0.61 | 8.67 | -5.77 |
Book Value Per Share | 153.85 | 153.85 | 153.58 | 112.50 | 102.39 | 114.01 |
Tangible Book Value | 47,565 | 47,565 | 47,493 | 33,407 | 29,930 | 34,094 |
Tangible Book Value Per Share | 138.55 | 138.55 | 138.28 | 97.22 | 87.10 | 98.79 |
Buildings | - | - | 2.91 | 2.91 | 2.91 | 2.91 |
Machinery | - | 20.84 | 43.97 | 43.45 | 47.65 | 47.87 |
Leasehold Improvements | - | - | - | - | 11.8 | 11.8 |