Investment Ratings
-
Master Rating:
-
Max Financial Services Ltd has an operating revenue of Rs. 34,016.90 Cr. on a trailing 12-month basis. An annual revenue growth of 72% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 12% is good. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 26 which is a POOR score indicating inconsistency in earnings, a RS Rating of 30 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 113 indicates it belongs to a poor industry group of Insurance-Life and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Analyst Recommendation : HOLD
Max Financial Services Ltd Forecast
Price Estimates
Eps And Sales Estimates
Max Financial Services Ltd Synopsis
NSE-Insurance-Life
Max Financial Servic is involved in the business activities of Activities of holding companies. Company’s Total Operating Revenue is Rs. 306.37 Cr. and Equity Capital is Rs. 69.02 Cr. for the Year ended 31/03/2021. Max Financial Services Ltd. is a Public Limited Listed company incorporated on 24/02/1988 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L24223PB1988PLC008031 and registration number is 008031.-
Market Cap
INR 33,705.66 Cr
-
Sales
INR 434.20 Cr
-
Shares in Float
29.33 Cr
-
No of Funds
297 K
-
Yield
0.55%
-
Book Value
5.03
-
U/D Vol Ratio
0.8
-
LTDebt/Equity
0%
-
Alpha
0.07
-
Beta
0.93
| Owner Name | Jun-21 | Mar-21 | Dec-20 |
|---|---|---|---|
| Promoters | 14.72% | 16.99% | 17.26% |
| Mutual Funds | 24.35% | 24.94% | 26.93% |
| Insurance Companies | 3.13% | 3.16% | 0% |
| Foreign Portfolio Investors | 26.33% | 23.08% | 19.7% |
| Financial Institutions/ Banks | 0% | 0% | 0% |
| Individual Investors | 6.61% | 6.86% | 7.37% |
| Others | 24.86% | 24.97% | 28.74% |
| Name | Designation |
|---|---|
| Mr. Analjit Singh | Chairman |
| Mr. Mohit Talwar | Managing Director |
| Mr. Sahil Vachani | Non Executive Director |
| Mr. Hideaki Nomura | Non Executive Director |
| Mr. Mitsuru Yasuda | Non Executive Director |
| Ms. Naina Lal Kidwai | Independent Director |
| Mr. Aman Mehta | Independent Director |
| Mr. D K Mittal | Independent Director |
| Mr. Charles Richard Vernon Stagg | Independent Director |
| Mr. Jai Arya | Independent Director |
| Mr. K Narasimha Murthy | Independent Director |
Max Financial Services Ltd Financials
- Quarterly P&L
- Annual P&L
- Cash Flow
- Balance Sheet
- Ratios
| INDICATOR | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 14.29 | 157.49 | 243.11 | 19.31 | 53.68 |
| Operating Expenses Qtr Cr | 8.86 | 19.27 | 50.8 | 11.04 | 12.69 |
| Operating Profit Qtr Cr | 5.43 | 138.22 | 104.15 | 8.27 | 40.99 |
| Depreciation Qtr Cr | 0.83 | 0.99 | 1.08 | 0.98 | 0.81 |
| Interest Qtr Cr | 0.03 | 0.05 | 0.06 | 0.06 | 0.05 |
| Tax Qtr Cr | 1.6 | 40.42 | 27.76 | 0 | 2.48 |
| Net Profit Qtr Cr | 3.53 | 97.52 | 75.6 | 7.64 | 37.88 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total Revenue Annual Cr | 307.8034 | 495.0196 | 317.7781 | 264.2135 | 256.2773 |
| Operating Expenses Annual Cr | 174.3243 | 88.6021 | 239.3943 | 118.3564 | 100.3225 |
| Operating Profit Annual in Cr | 132.0485 | 406.334 | 77.2353 | 145.1411 | 154.5918 |
| Depreciation Cr | 3.799 | 9.8917 | 1.7525 | 1.9199 | 1.9573 |
| Interest Annual Cr | 0.215 | 0.1957 | 27.2462 | 0 | 0 |
| Tax Annual Cr | 30.2386 | 123.7821 | 0 | 0 | 0 |
| Net Profit Annual Cr | 99.2265 | 272.548 | 49.3851 | 143.9372 | 153.9975 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Cash from Operating Activity Annual Cr | -0.7444 | 395.8332 | 141.3367 | 126.1911 | 159.679 |
| Cash from Investing Activity Annual Cr | 2.4021 | -399.4225 | -165.5132 | -160.6927 | -105.0602 |
| Cash from Financing Annual Activity Cr | -1.7217 | 3.449 | 24.1873 | 27.6334 | -48.009 |
| Net Cash Flow Annual Cr | -0.064 | -0.1403 | 0.0108 | -6.8682 | 6.6098 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Total ShareHolders Funds Annual Cr | 6645.4646 | 2280.3214 | 2000.0231 | 1919.5476 | 1828.2895 |
| Fixed Assets Annual Cr | 25.1206 | 25.5024 | 30.4536 | 31.4345 | 6.5351 |
| Total Non Current Assets Annual Cr | 39.0014 | 35.281 | 38.1573 | 39.4194 | 1807.6333 |
| Total Current Assets Annual Cr | 6637.5502 | 2490.2771 | 2157.4308 | 2031.4842 | 49.2654 |
| Total Assets Annual Cr | 6676.5516 | 2525.5581 | 2195.5881 | 2070.9036 | 1856.8987 |
| INDICATOR | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|
| Book Value Per Share Annual Rs | 192.5716 | 84.61 | 74.2436 | 71.5224 | 68.406 |
| ROE Annual % | 1.49 | 11.95 | 2.46 | 7.49 | 8.42 |
| ROCE Annual % | 1.94 | 16.37 | 3.81 | 7.45 | 8.4 |
| Total Debt to Total Equity Annual | - | - | - | - | - |
| EBDIT Annual Margin % | 43.56 | 82.11 | 24.75 | 55.35 | 61.17 |
Max Financial Services Ltd Technicals
EMA & SMA
CURRENT PRICE
979.55 
(1.05)
-
- Bullish Moving Averages 11
- Bearish Moving Averages 5
EMA
-
20 Day
963.54
-
50 Day
982.13
-
100 Day
991
-
200 Day
976.86
Max Financial Services Ltd Resistance and support
962.52 PIVOT
-
First Resistance
978.64
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Second Resistance
987.92
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Third Resistance
1004.04
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First Support
953.24
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Second Support
937.12
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Third Support
927.84
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RSI
54.15
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MFI
54.39
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MACD
-4.37
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MACD signal line
-9.4
Max Financial Services Ltd Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 405,174 | 25,530,014 | 63.01% |
| Week | 543,632 | 35,950,397 | 66.13% |
| 1 Month | 592,471 | 33,794,559 | 57.04% |
| 6 Month | 996,076 | 45,729,871 | 45.91% |
Max Financial Services Ltd Price change analysis
-20.55
Over 1 month
Low High 910.25 1026.5
-110.05
Over 3 month
Low High 910.25 1137
-34.85
Over 6 months
Low High 910.25 1148.05
342.45
Over Year
Low High 621.5 1148.05Similar Stocks
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News
Max Financial Services Ltd - 500271 - Disclosure Of Related
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Read More
Max Financial Services Ltd - 500271 - Disclosure Of Related
Pursuant to Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Read More
Max Financial Services Ltd - 500271 - Disclosures of reasons
The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 2 Read More
Max Financial Services Ltd - 500271 - Disclosures under Reg.
The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2 Read More
Max Financial Services Ltd - 500271 - Announcement under Reg
Max Financial / Max Life Investor Day Presentation Read MoreBlogs