IPO Plus

₹1,523

▲ +3.65 +0.24%

As of 05 Aug 2026 · delayed

NSE Listed · Miscellaneous

Max Financial Services Ltd. (MFSL)

Volume: 6,46,093Avg Vol 1W: 6,43,766Avg Vol 1M: 7,20,99652W Range:₹1,433.6₹1,892.5
NSE BSE www.maxfinancialservices.com AI Report
Key Ratios
Checked just now
Market Cap₹52,561 Cr
Current Price₹1,523
Previous Close₹1,519.35
High / Low (52w)₹1,892.5 / ₹1,433.6
Volume6,46,093
Avg Vol (1W)6,43,766
Avg Vol (1M)7,20,996
Stock P/E120.42
Book Value₹153.05
Dividend Yield0%
ROE158.98%
ROA5.31%
Revenue (TTM)—
Revenue Growth-0.23%
Profit Margin17.61%
Total Debt₹0 Cr
Shares Outstanding35 Cr
Face Value₹2
EPS (TTM)₹2.29
P/B9.95
Debt / Equity0.17
50 DMA₹1,590.67
200 DMA₹1,643.23
Day change+0.24%
Price Chart
₹1,523▲ 3.23% · 1Y
₹1870₹126047.2L
2025-08-05
2026-08-05

20-day avg volume: 6.8L shares

Pros
  • Healthy return on equity of 159.0%.
  • Company is almost debt-free.
Cons
  • Stock trades at a high P/E of 120.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue————————
EBITDA————————
Net Profit₹127 Cr₹113 Cr₹56 Cr₹31 Cr₹70 Cr₹4 Cr₹37 Cr₹-26 Cr
EPS————————
Profit & Loss (Annual)
MetricDec 2024Mar 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Mar 2026
Revenue—₹46,497 Cr—————₹47,696 Cr
EBITDA—₹450 Cr—————₹120 Cr
Net Profit₹-2 Cr₹327 Cr₹-3 Cr₹-3 Cr₹-3 Cr₹2 Cr₹10 Cr₹84 Cr
EPS—9.53—————2.45
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹67,156 Cr₹74,526 Cr₹98,066 Cr₹1,17,749 Cr₹1,31,824 Cr₹1,62,773 Cr₹1,90,180 Cr₹1,98,936 Cr
Total Liabilities₹64,323 Cr₹71,707 Cr₹94,461 Cr₹1,13,264 Cr₹1,27,855 Cr₹1,58,404 Cr₹1,83,776 Cr₹1,92,516 Cr
Equity₹2,833 Cr₹2,819 Cr₹3,605 Cr₹4,485 Cr₹3,968 Cr₹4,370 Cr₹6,403 Cr₹6,420 Cr
Total Debt————————
Cash Flow
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹8,897 Cr₹5,516 Cr₹7,030 Cr₹8,566 Cr₹10,017 Cr₹6,125 Cr₹8,363 Cr₹11,517 Cr
Investing₹-8,789 Cr₹-4,991 Cr₹-6,852 Cr₹-8,835 Cr₹-11,555 Cr₹-5,001 Cr₹-9,703 Cr₹-11,125 Cr
Financing₹-174 Cr₹-383 Cr₹-92 Cr₹388 Cr₹-233 Cr₹-117 Cr₹1,961 Cr₹567 Cr
Free Cash Flow₹8,797 Cr₹5,393 Cr₹6,947 Cr₹8,438 Cr₹9,843 Cr₹5,902 Cr₹8,145 Cr₹11,273 Cr
Shareholding
Promoter 1.25% Institutions 92.4% Public 6.35%
Efficiency & Working Capital
ROCE8.5%
Interest Coverage2.1
Dividend Payout—
Debtor Days0 d
Inventory Days0 d
Payable Days20 d
Cash Conversion Cycle-20 d
Working Capital Days0 d
Shareholding Details

As of 2026-06-30

Promoter1.3%
FII48.1%
DII44.3%
Institutions92.4%
Public6.4%
Promoter Pledge26.9%
No. of Shareholders80,336
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters6.5%6.5%6.5%6.5%3.3%3.3%1.7%1.7%1.7%1.3%1.3%1.3%
FIIs51.5%50.9%47.7%46.6%46.2%47.5%44.8%44.7%44.8%45.1%47.9%48.1%
DIIs35.1%36.1%39.9%40.7%44%42.7%47.3%47.3%47.3%47.4%44.7%44.3%
Public6.8%6.5%5.8%6.1%6.4%6.5%6.2%6.2%6.2%6.3%6.1%6.4%
Promoter Pledge58.7%59.6%69.2%72.6%0.1%0%28.7%0%0%0%42.1%26.9%
No. of Shareholders63,96659,68265,26067,02165,80468,53168,06280,46776,23975,63677,06980,336
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Mitsui Sumitomo Insurance Company LimitedPublic Shareholding21.9%7.55 Cr
Hdfc Mutual Fund - Hdfc Nifty Large Midc Ap 250 Index FundPublic Shareholding9.3%3.20 Cr
Nippon Life India Trustee Ltd-a/c Nippon India Nifty 500 Equal Weight Index FundPublic Shareholding5%1.73 Cr
Dsp Nifty 500 Index FundPublic Shareholding3.2%1.11 Cr
Kotak Mahindra Trustee Co Ltd A/c Kotak Nifty Alpha Low-volatility 30 Index FundPublic Shareholding3.2%1.10 Cr
Smallcap World Fund, IncPublic Shareholding3%1.02 Cr
Sbi Nifty Midcap 150 EtfPublic Shareholding2.1%72,06,562
Sbi Life Insurance Co. LtdPublic Shareholding2%70,02,343
Hdfc Life Insurance Companylimited -shareholders Solvency Margin AccountPublic Shareholding2%67,36,094
Aditya Birla Sun Life Trustee Private Limited A/c - Aditya Birla Sun Life Quant FundPublic Shareholding1.7%59,02,373
Government Pension Fund GlobalPublic Shareholding1.6%53,43,460
Invesco India Financial Services FundPublic Shareholding1.4%49,30,050
Max Ventures Investment Holdings Private LimitedShareholding of Promoter and Promoter Group1.2%39,95,923
Vanguard Total International Stock Index FundPublic Shareholding1.1%38,71,102
Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index FundsPublic Shareholding1.1%36,68,272
Kotak Funds - India Midcap FundPublic Shareholding1%36,00,000
Principal Funds, Inc. - Global Emerging Markets FundPublic Shareholding1%35,42,811
Canara Robeco Mutual Fund A/c Canara Rob Eco Multi Asset Allocation FundPublic Shareholding1%35,51,812
Analjit SinghShareholding of Promoter and Promoter Group0%1,10,000
Piya SinghShareholding of Promoter and Promoter Group0%1,10,333
Tara Singh VachaniShareholding of Promoter and Promoter Group0%1,00,000
Veer SinghShareholding of Promoter and Promoter Group0%0
Sahil VachaniShareholding of Promoter and Promoter Group0%0
Veda VachaniShareholding of Promoter and Promoter Group0%0
Avya VachaniShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Max Ventures Investment Holdings Private Limited11,62,02029.1%2026-06-30
Board of Directors
NameDesignationYear
Analjit SinghFounder / Chairman / NINED / Promoter2025
Sahil VachaniNon-Exec & Non-Independent Dir2025
Jai AryaIndependent Non Exe. Director2025
Charles Richard Vernon StaggIndependent Non Exe. Director2025
Hideaki NomuraNon Executive Director / Nominee2025
Mitsuru YasudaNon Executive Director / Nominee2025
K Narasimha MurthyIndependent Non Exe. Director2025
Malini ThadaniIndependent Director2025
Segments — Product
SegmentRevenueShare
Business Investments₹582 Cr100%
Segments — Geography
RegionRevenueShare
India₹555 Cr95.3%
Outside India₹27 Cr4.7%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹2706969
Corporate Actions
TypeDateValueRemark
forthcoming2026-08-13Board Meetings—
forthcoming—Book ClosureAGM
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202511005824
2025000011
20250005612
Insider / Designated-Person Trades

1 recent disclosure(s)

Max Ventures Investment Holdings P. Ltd.Disposal · 16,00,000
Substantial Acquisitions (SAST)

7 disclosure(s)

Market27/03/2025 · 31,82,068
Market27/03/2025 · 55,00,000
Market25/10/2024 · 80,318
Market05/09/2024 · 1,10,00,000
Market05/06/2024 · 2,29,800
Market22/04/2024 · 69,34,073
Company Information
Incorporated1988
ChairmanAnaljit Singh
AuditorS R Batliboi & Co LLP
Investor Email[email protected]
🌐 www.maxfinancialservices.com ↗

📍 Bhai Mohan Singh Nagar, Railmajra Tehsil Balachaur, Nawanshahar, Punjab, 144533

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Mercury EV-Tech LimitedMetro Brands LimitedMetroglobal Ltd.Metropolis HealthcareMFL TBILL LKD 2029Mahalaxmi Fabric Mills Ltd.Mangalam Global Enterprise Ltd.Mahanagar Gas Ltd.Matrix Geo Solutions Ltd.Mohini Health & Hygiene Ltd.Mahalaxmi Rubtech LimitedMahindra Holidays & Resorts India Ltd.All “M” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search

Telegram App