What is the share price of Max Financial Services Ltd (MFSL) today?
The share price of MFSL as on 4th February 2026 is ₹1708.20. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.What is the return on Max Financial Services Ltd (MFSL) share?
The past returns of Max Financial Services Ltd (MFSL) share are- Past 1 week: 5.21%
- Past 1 month: -0.49%
- Past 3 months: 7.36%
- Past 6 months: 13.03%
- Past 1 year: 54.57%
- Past 3 years: 132.81%
- Past 5 years: 139.02%
What are the peers or stocks similar to Max Financial Services Ltd (MFSL)?
The peers or stocks similar to Max Financial Services Ltd (MFSL) include:What is the market cap of Max Financial Services Ltd (MFSL) share?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Max Financial Services Ltd (MFSL) is ₹57796.37 Cr as of 4th February 2026.What is the 52 week high and low of Max Financial Services Ltd (MFSL) share?
The 52-week high of Max Financial Services Ltd (MFSL) is ₹1752.20 and the 52-week low is ₹950.What is the PE and PB ratio of Max Financial Services Ltd (MFSL) stock?
The P/E (price-to-earnings) ratio of Max Financial Services Ltd (MFSL) is 176.63. The P/B (price-to-book) ratio is 9.03.Which sector does Max Financial Services Ltd (MFSL) belong to?
Max Financial Services Ltd (MFSL) belongs to the Financials sector & Insurance sub-sector.How to buy Max Financial Services Ltd (MFSL) shares?
You can directly buy Max Financial Services Ltd (MFSL) shares on Tickertape. Simply sign up, connect your demat account and place your order.
Max Financial Services Ltd
MFSL Share Price
MFSL Stock Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
MFSL Performance & Key Metrics
MFSL Performance & Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 358.74 | 9.03 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 18.14 | 2.47 | 0.98% |
from 24 analysts
Price Upside
Earnings Growth
Rev. Growth
MFSL Company Profile
Max Financial Services Limited is the holding company for Max Life Insurance Company Limited. The Company, through Max Life Insurance Company Limited, is engaged in the life insurance business.
MFSL Sentiment Analysis
MFSL Sentiment Analysis
MFSL Stock Summary · November 2025
Axis Max Life Insurance reported robust financial performance in Q2 and H1 FY26, achieving an 18% revenue growth and positioning itself as the third-largest player in the Indian insurance market. Despite challenges from GST impacts and rising operational costs, the company remains optimistic, focusing on digital transformation and customer-centric strategies to enhance engagement and satisfaction. The expansion of its distribution network, particularly through partnerships, has contributed to significant growth in the Non-Resident Indian segment and overall annualized premium equivalent. Management is committed to maintaining margin improvements and operational efficiency, while strategically adjusting its product mix to capitalize on underpenetrated market opportunities, ensuring a balanced approach to future growth.
MFSL Stock Growth Drivers
MFSL Stock Growth Drivers
6Strong Financial Performance
The company reported significant growth in key financial metrics, including an 18% increase in revenue
Customer-Centric Innovations
The company has made significant strides in enhancing customer experience through digital transformation initiatives. The
MFSL Stock Challenges
MFSL Stock Challenges
3Profit Decline Due to Accounting Standards and GST Impact
The company has experienced a significant decline in profit, with Axis Max Life's profit after
Concerns Over Future Growth and Industry Performance
Despite the company's past performance, there are concerns regarding future growth potential. The industry growth
MFSL Forecast
MFSL Forecasts
Price
Revenue
Earnings
MFSL Share Price Forecast
MFSL Share Price Forecast
All values in ₹
All values in ₹
MFSL Company Revenue Forecast
MFSL Company Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
MFSL Stock EPS (Earnings Per Share) Forecast
MFSL Stock EPS (Earnings Per Share) Forecast
All values in ₹
All values in ₹
MFSL
MFSL
Income
Balance Sheet
Cash Flow
MFSL Income Statement
MFSL Income Statement
| Financial Year | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 15,248.70 | 16,338.72 | 19,513.26 | 18,241.76 | 31,288.02 | 31,187.58 | 31,431.05 | 46,613.55 | 46,497.24 | 43,945.39 | ||||||||||
| Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 43,666.18 | ||||||||||
| Power & Fuel Cost | 25.87 | 0.45 | 0.37 | 0.10 | 0.04 | 0.24 | 0.26 | 0.23 | 0.26 | |||||||||||
| Employee Cost | 918.13 | 37.17 | 84.37 | 35.95 | 60.80 | 36.77 | 29.23 | 30.90 | 28.21 | |||||||||||
| Selling & Administrative Expenses | 1,517.28 | 15,752.04 | 55.18 | 53.20 | 29.02 | 26.62 | 24.02 | 22.64 | 16.08 | |||||||||||
| Operating & Other expenses | 12,014.40 | 17.00 | 18,863.46 | 17,698.38 | 30,599.67 | 30,705.56 | 30,808.26 | 46,097.85 | 45,955.71 | |||||||||||
| EBITDA | 773.02 | 532.06 | 509.88 | 454.13 | 598.49 | 418.39 | 569.28 | 461.93 | 496.98 | 279.21 | ||||||||||
| Depreciation/Amortization | 62.53 | 1.92 | 1.75 | 11.37 | 5.32 | 5.00 | 4.63 | 3.11 | 2.87 | 2.79 | ||||||||||
| PBIT | 710.49 | 530.14 | 508.13 | 442.76 | 593.17 | 413.39 | 564.65 | 458.82 | 494.11 | 276.42 | ||||||||||
| Interest & Other Items | 8.93 | 0.11 | 27.30 | 0.28 | 0.27 | 24.74 | 37.46 | 43.64 | 47.36 | 66.33 | ||||||||||
| PBT | 701.56 | 530.03 | 480.83 | 442.48 | 592.90 | 388.65 | 527.19 | 415.18 | 446.75 | 210.09 | ||||||||||
| Taxes & Other Items | 306.20 | 243.64 | 218.28 | 297.49 | 167.51 | 135.28 | 148.72 | 75.06 | 119.53 | 48.98 | ||||||||||
| Net Income | 395.36 | 286.39 | 262.55 | 144.99 | 425.39 | 253.37 | 378.47 | 340.12 | 327.22 | 161.11 | ||||||||||
| EPS | 14.80 | 10.69 | 9.76 | 5.38 | 13.84 | 7.34 | 10.99 | 9.90 | 9.53 | 4.69 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
MFSL Company Updates
Investor Presentation
MFSL Stock Peers
MFSL Past Performance & Peer Comparison
MFSL Past Performance & Peer Comparison
FinancialsInsurance
Valuation
Technical
Forecast
| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Max Financial Services Ltd | 176.63 | 9.03 | — |
| Life Insurance Corporation Of India | 10.97 | 4.16 | 1.43% |
| Bajaj Finserv Ltd | 36.24 | 2.50 | 0.05% |
| SBI Life Insurance Company Ltd | 83.20 | 11.82 | 0.13% |
MFSL Stock Price Comparison
Compare MFSL with any stock or ETFMFSL Holdings
MFSL Shareholdings
MFSL Promoter Holdings Trend
MFSL Promoter Holdings Trend
In last 6 months, promoter holding in the company has almost stayed constant
Pledged promoter holdings is insignificant
MFSL Institutional Holdings Trend
MFSL Institutional Holdings Trend
In last 3 months, retail holding in the company has almost stayed constant
In last 3 months, foreign institutional holding of the company has almost stayed constant
MFSL Shareholding Pattern
MFSL Shareholding Pattern
MFSL Shareholding History
MFSL Shareholding History
Mutual Funds Invested in MFSL
Mutual Funds Invested in MFSL
No mutual funds holding trends are available
Top 5 Mutual Funds holding Max Financial Services Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 7.4608% | Percentage of the fund’s portfolio invested in the stock 4.65% | Change in the portfolio weight of the stock over the last 3 months -0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 2/80 (0) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 2.0816% | Percentage of the fund’s portfolio invested in the stock 2.39% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 7/141 (-1) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.5829% | Percentage of the fund’s portfolio invested in the stock 1.51% | Change in the portfolio weight of the stock over the last 3 months 0.16% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 17/70 (+4) |
Compare 3-month MF holding change on Screener
smallcases containing MFSL stock
smallcases containing MFSL stock
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Max Financial Services Ltd
MFSL Events
MFSL Events
MFSL Dividend Trend
MFSL has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
MFSL Dividend Trend
MFSL has not given any dividends in last 5 years
MFSL Upcoming Dividends
MFSL Upcoming Dividends
No upcoming dividends are available
MFSL Past Dividends
MFSL Past Dividends
Cash Dividend
Ex DateEx DateSep 19, 2016
Dividend/Share
₹1.80
Ex DateEx Date
Sep 19, 2016
Cash Dividend
Ex DateEx DateNov 19, 2015
Dividend/Share
₹1.80
Ex DateEx Date
Nov 19, 2015
Cash Dividend
Ex DateEx DateSep 15, 2015
Dividend/Share
₹1.00
Ex DateEx Date
Sep 15, 2015
Cash Dividend
Ex DateEx DateNov 25, 2014
Dividend/Share
₹4.00
Ex DateEx Date
Nov 25, 2014
Cash Dividend
Ex DateEx DateSep 12, 2014
Dividend/Share
₹1.80
Ex DateEx Date
Sep 12, 2014
MFSL Stock News & Opinions
MFSL Stock News & Opinions
Gland Pharma Ltd, Manappuram Finance Ltd, Godrej Consumer Products Ltd, Five-Star Business Finance Ltd are among the other stocks to see a surge in volumes on BSE today, 29 January 2026.Max Financial Services Ltd clocked volume of 2.56 lakh shares by 10:46 IST on BSE, a 59.63 times surge over two-week average daily volume of 4292 shares. The stock lost 0.77% to Rs.1,611.65. Volumes stood at 3259 shares in the last session.Gland Pharma Ltd witnessed volume of 1.53 lakh shares by 10:46 IST on BSE, a 50.1 times surge over two-week average daily volume of 3056 shares. The stock increased 7.60% to Rs.1,817.05. Volumes stood at 5062 shares in the last session.Manappuram Finance Ltd notched up volume of 66.84 lakh shares by 10:46 IST on BSE, a 29.48 fold spurt over two-week average daily volume of 2.27 lakh shares. The stock rose 0.46% to Rs.293.00. Volumes stood at 4.34 lakh shares in the last session.Godrej Consumer Products Ltd recorded volume of 3.18 lakh shares by 10:46 IST on BSE, a 8.08 times surge over two-week average daily volume of 39288 shares. The stock lost 2.21% to Rs.1,146.00. Volumes stood at 18994 shares in the last session.Five-Star Business Finance Ltd clocked volume of 1.92 lakh shares by 10:46 IST on BSE, a 7.96 times surge over two-week average daily volume of 24111 shares. The stock lost 6.41% to Rs.469.05. Volumes stood at 31577 shares in the last session.Powered by Capital Market - Live
Max Financial Services will hold a meeting of the Board of Directors of the Company on 11 February 2026.Powered by Capital Market - Live
Net profit of Max Financial Services declined 96.34% to Rs 4.12 crore in the quarter ended September 2025 as against Rs 112.56 crore during the previous quarter ended September 2024. Sales declined 26.77% to Rs 9791.59 crore in the quarter ended September 2025 as against Rs 13371.86 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales9791.5913371.86 -27 OPM %0.211.29 - PBDT6.92163.30 -96 PBT6.30162.61 -96 NP4.12112.56 -96 Powered by Capital Market - Live
Max Financial Services will hold a meeting of the Board of Directors of the Company on 11 November 2025.Powered by Capital Market - Live
Max Financial Services announced that the Annual General Meeting(AGM) of the company will be held on 18 September 2025.Powered by Capital Market - Live
Net profit of Max Financial Services declined 45.29% to Rs 69.64 crore in the quarter ended June 2025 as against Rs 127.29 crore during the previous quarter ended June 2024. Sales rose 8.67% to Rs 12821.65 crore in the quarter ended June 2025 as against Rs 11798.61 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales12821.6511798.61 9 OPM %0.921.61 - PBDT102.16183.15 -44 PBT101.48182.46 -44 NP69.64127.29 -45 Powered by Capital Market - Live
Max Financial Services will hold a meeting of the Board of Directors of the Company on 7 August 2025.Powered by Capital Market - Live
Net profit of Max Financial Services reported to Rs 31.31 crore in the quarter ended March 2025 as against net loss of Rs 44.05 crore during the previous quarter ended March 2024. Sales declined 16.87% to Rs 12375.76 crore in the quarter ended March 2025 as against Rs 14887.50 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.78% to Rs 327.21 crore in the year ended March 2025 as against Rs 340.08 crore during the previous year ended March 2024. Sales declined 0.23% to Rs 46468.91 crore in the year ended March 2025 as against Rs 46575.62 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales12375.7614887.50 -17 46468.9146575.62 0 OPM %0.16-0.38 -1.020.91 - PBDT24.79-58.25 LP 452.97419.21 8 PBT24.08-58.93 LP 450.10416.10 8 NP31.31-44.05 LP 327.21340.08 -4 Powered by Capital Market - Live
Net Loss of Max Financial Services reported to Rs 2.59 crore in the quarter ended March 2025 as against net loss of Rs 3.68 crore during the previous quarter ended March 2024. Sales declined 17.07% to Rs 3.74 crore in the quarter ended March 2025 as against Rs 4.51 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 9.22 crore in the year ended March 2025 as against net loss of Rs 11.24 crore during the previous year ended March 2024. Sales declined 27.81% to Rs 15.47 crore in the year ended March 2025 as against Rs 21.43 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3.744.51 -17 15.4721.43 -28 OPM %-64.17-85.37 --53.26-47.36 - PBDT-2.32-3.64 36 -7.72-9.97 23 PBT-2.64-3.95 33 -8.95-11.56 23 NP-2.59-3.68 30 -9.22-11.24 18 Powered by Capital Market - Live
The Board of Max Financial Services at its meeting held on 15 April 2025 has accepted the cessation of Amrit Pal Singh as the Chief Financial Officer of the Company on the close of business hours on 30 April 2025, on completion of the term of three years. The Board has appointed Nishant Kumar Gehlawat as the Chief Financial Officer and a Key Managerial Personnel ('KMP') of the Company under section 203(1)(iii) of the Companies Act, 2013 effective 01 May 2025. Powered by Capital Market - Live

Over the last 5 years, revenue has grown at a yearly rate of 20.58%, vs industry avg of 10.3%
Over the last 5 years, market share increased from 1.98% to 3.07%
Over the last 5 years, net income has grown at a yearly rate of 17.68%, vs industry avg of 42.39%