Max Financial Services Limited
MFSL · 500271 · Financial Services · Life Insurance
- Market cap
- Rs 41,620 Cr
- P/E
- No data: the source has not published this figure.
- P/B
- 7.28x
- 52W high / low
- Rs 1,892.5 / Rs 1,193.4
Our computed roe (2.83%) diverges from BSE's own published figure (0.16%) by more than 100%. BSE's figure is a different, BSE-computed number (not necessarily TTM, standalone-only) — treat as a cross-check/fallback signal, not proof either figure is wrong.
About Max Financial Services
Max Financial Services Limited is listed on the NSE under the symbol MFSL and on the BSE under scrip code 500271. It is classified in the Financial Services sector, industry: Life Insurance. It is a constituent of BSE 200, NIFTY 200, NIFTY 500, NIFTY Financial Services and NIFTY Midcap 150. The company listed on 17 May 2000 and has a face value of Rs 2.
The latest available end-of-day price is Rs 1,212 (−1.03% on the day), for a market capitalisation of Rs 41,620 Cr. Price-to-book is 7.28x. The 52-week range is Rs 1,193.4 to Rs 1,892.5. The latest price is 3% of the way from the 52-week low to the 52-week high.
Against the 5-company comparison set from the official BSE basic industry Life Insurance, its market capitalisation is 0.8 times the peer median of Rs 50,836 Cr. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Max Financial Services Limited reported total income of Rs 47,696 Cr and net profit of Rs 106 Cr, with a net margin of 0.22% and earnings per share of Rs 2.45 (consolidated statements).
Year-on-year change: total income +2.58%; net profit −73.83%; EPS −74.29%. Three-year compound annual growth rate: total income +14.91%; net profit −38.41%.
At the same date the balance sheet shows total assets of Rs 1,98,936 Cr and shareholders' equity of Rs 5,282 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 51,655 Cr, net income of Rs 232 Cr and a net margin of 0.45%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Max Financial Services Limited's ownership is split: promoters 1.25%; foreign institutional investors (FIIs) 48.62%; domestic institutional investors (DIIs) 43.70%; retail and other shareholders 6.43%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding +0.56 percentage points; DII holding −0.64 percentage points.
The same filing lists reported promoter pledge of 43.71% and 85,147 shareholders on record.
Recent filings and corporate actions
122 BSE corporate announcements were filed by Max Financial Services Limited in the past twelve months; the most frequent category is "Company Update" (90). The most recent is "As per the disclosure attached" (Company Update), filed on 29 Oct 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
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Peer comparison
Official BSE basic industry: Life Insurance. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| SBI Life Insurance Company Limited | Rs 1,652 | Rs 1,65,871 Cr | Rs 1,04,762 Cr | Rs 2,601 Cr | 63.73x | 14.50% |
| HDFC Life Insurance Company Limited | Rs 517 | Rs 1,11,656 Cr | Rs 81,838 Cr | Rs 1,975 Cr | 56.50x | 22.11% |
| ICICI Life Insurance Limited | Rs 411.95 | Rs 60,051 Cr | Rs 53,125 Cr | Rs 1,608 Cr | 37.31x | 12.48% |
| Max Financial Services LimitedThis company | Rs 1,212 | Rs 41,620 Cr | Rs 51,655 Cr | Rs 232 Cr | — | 2.83% |
| Canara HSBC Life Insurance Company Limited | Rs 124.54 | Rs 11,682 Cr | Rs 10,459 Cr | Rs 131 Cr | 89.60x | 8.18% |
| Median | Rs 811.98 | Rs 50,836 Cr | Rs 52,390 Cr | Rs 920 Cr | 63.73x | 10.33% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Max Financial Services
Same official industry (Life Insurance)
Other Financial Services companies of a similar market capitalisation
- Piramal Finance LimitedPIRAMALFIN · Market cap Rs 44,112 Cr
- Sundaram Finance LimitedSUNDARMFIN · Market cap Rs 43,515 Cr
- Authum Investment & Infrastructure LimitedAIIL · Market cap Rs 42,473 Cr
- 360 ONE WAM LIMITED360ONE · Market cap Rs 41,593 Cr
- HDB Financial Services LimitedHDBFS · Market cap Rs 41,506 Cr
- Poonawalla Fincorp LimitedPOONAWALLA · Market cap Rs 38,878 Cr
- Anand Rathi Wealth LimitedANANDRATHI · Market cap Rs 37,691 Cr
- Mahindra & Mahindra Financial Services LimitedM&MFIN · Market cap Rs 36,797 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.