MFSL

Max Financial Services Share PriceMax Financial Services

₹1014.35
9.05 (0.9%)
As on 29 November, 2023 | 18:02 BSE: 500271 NSE: MFSLISIN: INE180A01020

Max Financial Services Performance

Day Range

  • Low 1000.1
  • High 1019.45
1014.35

52 Week Range

  • Low 599.1
  • High 1019.45
1014.35
  • Open Price1015
  • Previous Close1005.3
  • Volume714321

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Max Financial Services Share Price

  • Over 1 Month 12.08%
  • Over 3 Month 9.08%
  • Over 6 Month 45.54%
  • Over 1 Year 46.02%

Max Financial Services Key Statistics

P/E Ratio 69.1
PEG Ratio 1
Market Cap Cr 35,007
Price to Book Ratio 8.8
EPS 0.4
Dividend 0
Relative Strength Index 70.14
Money Flow Index 80.67
MACD Signal 14.36
Average True Range 26.56

Max Financial Services Investment Rating

  • Master Rating:
  • Max Financial Services Ltd has an operating revenue of Rs. 38,157.63 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 2% needs improvement, ROE of 10% is good. The stock from a technical standpoint is comfortably placed above its key moving averages, around 8% and 28% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 4% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 88 which is a GOOD score indicating consistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 105 indicates it belongs to a poor industry group of Insurance-Life and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Max Financial Services Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 651017181315
Operating Expenses Qtr Cr 97899914
Operating Profit Qtr Cr -2-228841
Depreciation Qtr Cr 0111111
Interest Qtr Cr 0000000
Tax Qtr Cr 0002311
Net Profit Qtr Cr -3-22552-1
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 58202
Operating Expenses Annual Cr 3651
Operating Profit Annual in Cr 22148
Depreciation Cr 33
Interest Annual Cr 00
Tax Annual Cr 544
Net Profit Annual Cr 14103
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -3486
Cash from Investing Activity Annual Cr 36-85
Cash from Financing Annual Activity Cr -2-1
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 6,7636,750
Fixed Assets Annual Cr 44
Total Non Current Assets Annual Cr 97
Total Current Assets Annual Cr 6,7716,770
Total Assets Annual Cr 6,7806,777
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 196196
ROE Annual % 02
ROCE Annual % 02
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 3975
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 10,1659,1689,9298,8969,3163,2728,960
Operating Expenses Qtr Cr 10,0259,0449,8658,5739,2383,1858,799
Operating Profit Qtr Cr 144125643227887161
Depreciation Qtr Cr 1111111
Interest Qtr Cr 9999999
Tax Qtr Cr -121764512129
Net Profit Qtr Cr 14888462255156118
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 31,43131,188
Operating Expenses Annual Cr 30,86230,769
Operating Profit Annual in Cr 551412
Depreciation Cr 55
Interest Annual Cr 3725
Tax Annual Cr 7570
Net Profit Annual Cr 378253
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 9,9228,496
Cash from Investing Activity Annual Cr -9,228-8,835
Cash from Financing Annual Activity Cr -233388
Net Cash Flow Annual Cr 46248
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3,5183,935
Fixed Assets Annual Cr 8991
Total Non Current Assets Annual Cr 2,2121,975
Total Current Assets Annual Cr 129,612115,774
Total Assets Annual Cr 131,824117,749
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 115130
ROE Annual % 116
ROCE Annual % 118
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 21

Max Financial Services Technicals

EMA & SMA

Current Price
₹1014.35
9.05 (0.9%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹953.22
  • 50 Day
  • ₹925.54
  • 100 Day
  • ₹885.14
  • 200 Day
  • ₹835
  • 20 Day
  • ₹940.59
  • 50 Day
  • ₹924.73
  • 100 Day
  • ₹890.79
  • 200 Day
  • ₹786.02

Max Financial Services Resistance and Support

PIVOT
₹1011.3
Resistance
First Resistance ₹1022.5
Second Resistance ₹1030.66
Third Resistance ₹1041.85
RSI 70.14
MFI 80.67
MACD Single Line 14.36
MACD 22.06
Support
First Resistance ₹1003.15
Second Resistance ₹991.95
Third Resistance ₹983.8

Max Financial Services Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 2,727,188 173,421,885 63.59
Week 1,105,673 63,321,893 57.27
1 Month 993,229 55,978,384 56.36
6 Month 1,180,119 59,961,845 50.81

Max Financial Services Result Highlights

Max Financial Services Synopsis

NSE-Insurance-Life

Max Financial Servic is involved in the business activities of Management consultancy activities. Company’s Total Operating Revenue is Rs. 57.82 Cr. and Equity Capital is Rs. 69.02 Cr. for the Year ended 31/03/2023. 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 35,064
Sales 39
Shares in Float 32.10
No of funds 289
Yield 0.55
Book Value 5.13
U/D Vol ratio 0.8
LTDebt / Equity
Alpha 0.13
Beta 1.19

Max Financial Services

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 6.52%10.15%10.15%11.45%
Mutual Funds 30.27%30.19%29.78%32.26%
Insurance Companies 3.79%3.09%3.01%2.63%
Foreign Portfolio Investors 29.68%26.6%25.84%22.94%
Financial Institutions/ Banks
Individual Investors 4.67%5.23%5.34%5.64%
Others 25.07%24.74%25.88%25.08%

Max Financial Services Management

Name Designation
Mr. Analjit Singh Founder & Chairman
Mr. Mitsuru Yasuda Non Executive Director
Mr. Sahil Vachani Non Executive Director
Mr. Hideaki Nomura Non Executive Director
Mr. K Narasimha Murthy Independent Director
Mr. Aman Mehta Independent Director
Mr. Jai Arya Independent Director
Ms. Gauri Padmanabhan Independent Director
Mr. Charles Richard Vernon Stagg Independent Director
Mr. D K Mittal Independent Director

Max Financial Services Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Max Financial Services Corporate Action

Date Purpose Remarks
2023-10-31 Quarterly Results
2023-08-09 Quarterly Results
2023-05-12 Audited Results
2023-01-31 Quarterly Results
2022-10-19 Quarterly Results

Max Financial Services MF Shareholding

Name Amount(cr)
HDFC Mid-Cap Opportunities Fund Growth 47846
ICICI Prudential Bluechip Fund Growth 41269
Kotak Flexicap Fund Growth 39269
Mirae Asset Large Cap Fund Regular Growth 34377
Kotak Emerging Equity Scheme Growth 33700

Max Financial Services FAQs

What is Share Price of Max Financial Services ?

Max Financial Services share price is ₹1014 As on 29 November, 2023 | 17:48

What is the Market Cap of Max Financial Services ?

The Market Cap of Max Financial Services is ₹35006.7 Cr As on 29 November, 2023 | 17:48

What is the P/E ratio of Max Financial Services ?

The P/E ratio of Max Financial Services is 69.1 As on 29 November, 2023 | 17:48

What is the PB ratio of Max Financial Services ?

The PB ratio of Max Financial Services is 8.8 As on 29 November, 2023 | 17:48

Q2FY23