Max Financial Services Limited Stock Price Today (NSE: MFSL)

Max Financial Services Limited

₹1322.40₹22.70 (1.69%)
Market Closed

Fundamental Score

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Max Financial Services Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Max Financial Services Limited share price today is ₹1322.40, down 1.69% on NSE/BSE as of 8 October 2026. Max Financial Services Limited (MFSL) is a Large-cap company in the Life Insurance sector with a market capitalisation of ₹45.41K (Cr). The 52-week high for MFSL share price is ₹1892.50 and the 52-week low is ₹1316.00. At a P/E ratio of 413.25x, MFSL is currently trading above its industry average P/E of 70.23x. The company has a Return on Equity (ROE) of 1.59% and a debt-to-equity ratio of N/A.

Max Financial Services Limited Share Price Chart — NSE/BSE Historical Performance

Max Financial Services Limited share price chart: -1.04% return over the past month. 52-week high ₹1892.50, 52-week low ₹1316.00.

Max Financial Services Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
₹1350.00₹1361.40₹1316.00₹1322.405.20L (Cr)
₹1355.80₹1358.00₹1331.30₹1345.107.95L (Cr)
₹1350.00₹1362.70₹1330.20₹1361.0028.56L (Cr)
₹1385.30₹1385.30₹1341.00₹1348.0020.05L (Cr)
₹1367.90₹1403.10₹1364.40₹1392.0011.52L (Cr)
₹1386.50₹1395.10₹1344.30₹1373.409.31L (Cr)
₹1459.90₹1459.90₹1381.00₹1392.409.55L (Cr)
₹1452.00₹1460.90₹1432.10₹1444.004.56L (Cr)
₹1390.00₹1463.80₹1390.00₹1458.0036.18L (Cr)
₹1406.70₹1429.80₹1360.10₹1410.00114.22L (Cr)

Max Financial Services Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
₹1367.90₹1403.10₹1316.00₹1322.40-3.33%
₹1558.80₹1591.80₹1344.30₹1373.40-11.89%
₹1519.10₹1604.90₹1467.50₹1573.10+3.55%
₹1580.00₹1662.00₹1484.80₹1499.00-5.13%
₹1674.00₹1713.60₹1541.00₹1584.00-5.38%
₹1585.70₹1748.00₹1560.00₹1674.00+5.57%
₹1515.10₹1722.40₹1445.40₹1585.70+4.66%
₹1765.50₹1828.20₹1473.60₹1490.70-15.56%
₹1601.90₹1892.50₹1601.90₹1813.40+13.20%
₹1677.50₹1752.20₹1561.40₹1613.60-3.81%
₹1709.60₹1724.90₹1625.40₹1671.80-2.21%
₹1531.00₹1751.40₹1531.00₹1702.10+11.18%

Returns & Performance

Poor

Return on Equity (ROE)

1.59%

Profit generated per ₹1 of shareholder equity

Return on Assets (ROA)

N/A

Bank profit generated relative to total assets

Poor

Net Profit Margin

0.15%

Net profit as a percentage of reported revenue/income

Dividend Yield

0.00%

Annual dividend as % of current share price

Max Financial Services Limited Valuation Check

Poor

Price to Earnings (P/E)

413.25x

Share price ÷ earnings per share. Lower = cheaper

Poor

Price to Book (P/B)

8.62x

Share price ÷ book value per share — key bank valuation metric

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Poor

Promoter Holding

1.71%

% shares held by company founders/management

Excellent

FII Holding

48.06%

% shares held by foreign institutional investors

Excellent

DII Holding

44.34%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

26.92%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

37.22%

Net profit growth vs same quarter last year

Good

Revenue Growth (Quarterly YoY)

16.75%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

8.80%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-29.94%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

-27.71%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Banking balance-sheet metrics

Debt/Equity, interest coverage and industrial free-cash-flow ratios are not shown for banks because deposits and borrowings are part of the core lending business. Bull Run uses ROA, ROE, P/B and net profit margin above for bank analysis.

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Max Financial Services Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of MFSL across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Robust Profit Growth (37.22%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (16.75%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Strong Cash Generation (₹43359.77 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 92.40%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Risk Factors

9 factors identified

Below-Average Return on Equity (1.59%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Margin Pressure Concerns (1.02%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Premium Valuation Risk (P/E: 413.25x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

High Price-to-Book Ratio (8.62x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Weak Earnings Growth (-29.94% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-27.71% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Low Promoter Commitment (1.71%)

Observation: Reduced promoter stake may indicate limited confidence.

Analysis: Low promoter holding may raise questions about management commitment.

High Share Pledging Risk (26.92%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Max Financial Services Limited vs Life Insurance Peers

Peer Comparison - Life Insurance

Compare Max Financial Services Limited with 4 other companies in the same sector

5 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
0/100
₹1322
₹45411.22
413.3
Average
1.59%
Poor
—
—
-27.71%
Poor
8.80%
Good
0.00%
66/100
₹409
₹556603.14
9.7
Average
37.82%
Excellent
—
—
80.80%
Excellent
7.19%
Good
2.27%
39.4/100
₹1694
₹187321.16
75.8
Average
13.70%
Average
—
—
11.15%
Good
6.52%
Good
0.14%
45.3/100
₹519
₹123592.91
62.6
Average
11.28%
Average
—
—
7.04%
Good
6.81%
Good
0.37%
40.4/100
₹461
₹76150.70
47.4
Average
12.58%
Average
—
—
10.95%
Good
-5.30%
Poor
0.31%

Max Financial Services Limited PE Ratio History

Historical price-to-earnings ratio for MFSL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 2025₹9.53₹1671.80175.4x
FY 2024₹9.90₹1113.90112.5x
FY 2023₹10.97₹954.3087x
FY 2022₹7.34₹677.5092.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Max Financial Services Limited Dividend History

Annual cash dividends paid by MFSL — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 2022₹32.07 Cr
FY 2021₹13.78 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Max Financial Services Limited Quarterly Performance

Latest quarterly metrics for MFSL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

16.75%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

37.22%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

8.80%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

-27.71%

Compounded annual net profit growth over 5 years

Max Financial Services Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for MFSL — calculated from daily price history

42RSI 14
Neutral — RSI 42

Momentum is balanced — neither overbought nor oversold.

SMA 50
₹1517
▼ Price below SMA 50 — Short-term bearish
SMA 200
₹1623
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
1047K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Max Financial Services Limited Financial Statements

Annual income statement, balance sheet and cash flow for Max Financial Services Limited (MFSL) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Max Financial Services Limited

Loading latest quarterly results...

About MFSL (Max Financial Services Limited)

Max Financial Services Ltd is a prominent player in the Indian life insurance landscape, holding a substantial stake in Max Life Insurance, its key subsidiary. Through Max Life, th...e company navigates the complexities of the insurance market, focusing on delivering a diverse portfolio of products designed to meet varying customer needs. These range from traditional life insurance plans offering assured returns to market-linked investment options that allow customers to participate in the growth of the financial markets. Max Financial Services steers Max Life towards innovation and customer-centricity, aiming to provide financial security and long-term wealth creation solutions to a broad spectrum of the population. The company operates with a strong commitment to ethical practices and responsible investment strategies. Max Life Insurance, under the guidance of Max Financial Services, distributes its insurance products through a multi-channel approach to maximize reach and accessibility. This encompasses a large network of individual agents who provide personalized advice and support, partnerships with corporate agents that offer tailored solutions to businesses, strategic alliances with banks to leverage their extensive customer base, and collaborations with brokers to tap into specialized markets. In addition to these traditional channels, Max Life embraces digital platforms and online distribution, catering to the evolving preferences of tech-savvy consumers. This diversified approach enables Max Life to effectively connect with and serve a wide array of customers across different demographics and geographical locations in India. Beyond its core life insurance operations, Max Financial Services engages in strategic treasury management activities, optimizing its investment portfolio to ensure sustainable growth and stability. These activities are carefully managed to balance risk and return, supporting the company's long-term financial obligations to policyholders. Furthermore, Max Financial Services is committed to contributing to the overall development of the Indian insurance sector through thought leadership, industry collaborations, and adherence to the highest standards of regulatory compliance. By focusing on innovation, customer satisfaction, and responsible business practices, Max Financial Services aims to strengthen its position as a leading and trusted provider of life insurance solutions in India.

Company Details

Symbol:MFSL
Industry:Life Insurance
Sector:Life Insurance

Key Leadership

Mr. Analjit Singh BA, BS, MBA
Founder & Non-Executive Chairman
Mr. Venkatraman Krishnan
Manager
Mr. Nishant Kumar
Chief Financial Officer

MFSL Share Price: Frequently Asked Questions

What is the current share price of Max Financial Services Limited?

Max Financial Services Limited (MFSL) trades at ₹1322.40 on NSE and BSE. Market cap ₹45.41K (Cr). Educational data only.

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

Max Financial Services Limited has a P/E of 413.25x vs industry average 70.23x.

What is the Bull Run score for Max Financial Services Limited?

Max Financial Services Limited has a Bull Run score of 0/100 based on 25+ financial parameters.

Does Max Financial Services Limited pay dividends?

Max Financial Services Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Max Financial Services Limited?

Max Financial Services Limited has ROE of 1.59%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Max Financial Services Limited?

Max Financial Services Limited has debt-to-equity of N/A.

Is Max Financial Services Limited a good investment?

Bull Run gives Max Financial Services Limited a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.