Max Financial Services Limited (NSE:MFSL)
India · Delayed Price · Currency is INR 1,507.00
-3.80 (-0.25%)
Jul 31, 2026, 3:30 PM IST
Max Financial Services Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | 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 |
Premiums & Annuity Revenue | 380,073 | 325,486 | 289,343 | 248,154 | 219,398 |
Total Interest & Dividend Income | 100,722 | 90,682 | 77,825 | 65,142 | 54,832 |
Gain (Loss) on Sale of Investments | -27,787 | 47,213 | 123,104 | 391.59 | 34,789 |
Non-Insurance Activities Revenue | - | 5 | 50 | 43.38 | 46.38 |
Other Revenue | 23,956 | 1,570 | -24,197 | 505.22 | 2,795 |
| 476,964 | 464,955 | 466,125 | 314,237 | 311,860 | |
Revenue Growth | 2.58% | -0.25% | 48.34% | 0.76% | -0.41% |
Policy Benefits | 377,251 | 378,538 | 393,072 | 248,575 | 260,969 |
Policy Acquisition & Underwriting Costs | 40,850 | 31,450 | 23,985 | 16,141 | 14,030 |
Depreciation & Amortization | 3,347 | 2,375 | 2,128 | 1,778 | 1,802 |
Selling, General & Administrative | 55,036 | 16,985 | 15,635 | 14,078 | 12,960 |
Provision for Bad Debts | - | 36.4 | 2 | 88.75 | 18.13 |
Other Operating Expenses | -2,870 | 3,629 | 2,483 | 7,186 | 648.3 |
Total Operating Expenses | 474,064 | 459,449 | 461,043 | 308,466 | 307,172 |
Operating Income | 2,901 | 5,507 | 5,083 | 5,771 | 4,688 |
Interest Expense | -1,703 | -1,022 | -931.29 | -572.36 | -439.36 |
Other Non Operating Income (Expenses) | - | 4.1 | 0.1 | - | -225.15 |
EBT Excluding Unusual Items | 1,198 | 4,489 | 4,151 | 5,198 | 4,024 |
Gain (Loss) on Sale of Assets | - | 11.59 | 9.32 | 69.98 | -4.98 |
Other Unusual Items | - | 0.96 | 0.28 | 3.7 | -132.39 |
Pretax Income | 1,198 | 4,501 | 4,161 | 5,272 | 3,887 |
Income Tax Expense | 153.3 | 433.59 | 225.62 | 753.13 | 702.54 |
Earnings From Continuing Ops. | 1,044 | 4,068 | 3,935 | 4,519 | 3,184 |
Earnings From Discontinued Ops. | 11.2 | -33.58 | -9.41 | - | - |
Net Income to Company | 1,056 | 4,034 | 3,926 | 4,519 | 3,184 |
Minority Interest in Earnings | -215.9 | -761.69 | -524.98 | -734.08 | -650.35 |
Net Income | 839.7 | 3,272 | 3,401 | 3,785 | 2,534 |
Net Income to Common | 839.7 | 3,272 | 3,401 | 3,785 | 2,534 |
Net Income Growth | -74.34% | -3.79% | -10.14% | 49.38% | -40.44% |
Shares Outstanding (Basic) | 342 | 343 | 344 | 345 | 345 |
Shares Outstanding (Diluted) | 342 | 343 | 344 | 345 | 345 |
Shares Change | -0.31% | -0.04% | -0.45% | -0.01% | 17.69% |
EPS (Basic) | 2.45 | 9.53 | 9.90 | 10.97 | 7.34 |
EPS (Diluted) | 2.45 | 9.53 | 9.90 | 10.97 | 7.34 |
EPS Growth | -74.26% | -3.75% | -9.74% | 49.41% | -49.41% |
Additional Metrics
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | 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 |
Free Cash Flow | 112,283 | 81,337 | 58,815 | 97,484 | 83,679 |
Free Cash Flow Per Share | 327.97 | 236.84 | 171.19 | 282.47 | 242.45 |
Operating Margin | 0.61% | 1.18% | 1.09% | 1.84% | 1.50% |
Profit Margin | 0.18% | 0.70% | 0.73% | 1.20% | 0.81% |
Free Cash Flow Margin | 23.54% | 17.49% | 12.62% | 31.02% | 26.83% |
EBITDA | 6,247 | 6,112 | 5,650 | 6,285 | 5,103 |
EBITDA Margin | 1.31% | 1.31% | 1.21% | 2.00% | 1.64% |
D&A For EBITDA | 3,347 | 605.28 | 567.72 | 514.21 | 414.76 |
EBIT | 2,901 | 5,507 | 5,083 | 5,771 | 4,688 |
EBIT Margin | 0.61% | 1.18% | 1.09% | 1.84% | 1.50% |
Effective Tax Rate | 12.80% | 9.63% | 5.42% | 14.29% | 18.08% |
Revenue as Reported | 476,964 | 464,972 | 466,135 | 314,311 | 311,876 |