Max Financial Services Ltd

NSE :MFSL   BSE :500271  Sector : Finance
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08 May
982.80
(1.36%)
07 May
969.65
(-1.84%)
06 May
987.85
(-1.38%)
03 May
1001.65
(-2.17%)
02 May
1023.85
(1.28%)
30 Apr
1010.90
(3.59%)
29 Apr
975.85
(-2.30%)
26 Apr
998.85
(-1.86%)
25 Apr
1017.75
(-1.26%)
24 Apr
1030.75
(-2.66%)
23 Apr
1058.90
(-0.13%)
22 Apr
1060.30
(3.79%)
19 Apr
1021.60
(1.64%)
18 Apr
1005.15
(0.33%)
16 Apr
1001.80
(-2.08%)
15 Apr
1023.05
(-1.08%)
12 Apr
1034.25
(-1.01%)
10 Apr
1044.80
(1.03%)
09 Apr
1034.10
(-0.25%)
08 Apr
1036.65
(2.17%)
05 Apr
1014.60
(-0.80%)

Price Chart Historical Data Technical Chart

Technical Analysis

Short Term Investors

Very Bearish
Medium Term Investors

Neutral
Long Term Investors

Bullish

Moving Averages

5 DMA
Bearish

993.08

10 DMA
Bearish

999.9

20 DMA
Bearish

1016.21

50 DMA
Bearish

991.26

100 DMA
Bullish

965.94

200 DMA
Bullish

936.68


Intraday Support and Resistance
(Based on Pivot Points) |

Updated On May 08, 2024 04:00 PM For Next Trading Session

Pivots Classic Fibonacci Camarilla Woodie DM
R3 1041.5 1023.7 993.32 - -
R2 1023.7 1009.09 989.81 1023.04 -
R1 1003.25 1000.06 986.31 1001.93 1013.48
P 985.45 985.45 985.45 984.79 990.56
S1 965 970.84 979.29 963.68 975.23
S2 947.2 961.81 975.79 946.54 -
S3 926.75 947.2 972.28 - -

Key Metrics

EPS

0

P/E

0

P/B

5.03

Dividend Yield

0%

Market Cap

33,918 Cr.

Face Value

2

Book Value

195.65

ROE

9.24%

EBITDA Growth

-48.92 Cr.

Debt/Equity

0.14

Shareholding Pattern

  6.52% Total Promoter Holding
34.59% Mutual Fund Holdings
25.85% FIIs
5.85% Non Institution
4.82% Insurance Companies
0% Custodians
22.37% Other Parties

Shareholding History

Quarterly Result (Figures in Rs. Crores)


Max Financial Services Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 9934.23 9171.46 10189.14 12359.2 14898.52
PROFIT 45.89 87.68 147.89 148.56 -44.05
EPS 1.33 2.54 4.29 4.3 -1.28

Max Financial Services Ltd Quaterly Results


Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
INCOME 10.59 5.12 6.32 5.52 4.76
PROFIT 1.99 -2.37 -2.72 -2.47 -3.68
EPS 0.06 -0.07 -0.08 -0.07 -0.11

Profit & Loss (Figures in Rs. Crores)


Max Financial Services Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 11737.87 14938.68 11711.87 15248.7 16338.72 19513.26 18241.76 31288.02 31187.58 31431.05
PROFIT 141.2 280.22 252.72 394.89 286.44 262.71 144.99 425.49 253.36 378.49
EPS 6.12 12.16 12.83 22.2 16.46 15.46 10.12 16.22 9.23 13.15

Max Financial Services Ltd Profit & Loss


Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
INCOME 1008.42 584.66 201.22 256.28 264.21 317.78 495.02 307.81 202.05 58.24
PROFIT 185.53 391.07 115.18 154.01 144 49.57 272.53 99.31 102.62 13.87
EPS 6.95 14.67 4.32 5.76 5.36 1.83 10.11 2.88 2.97 0.4

Balance Sheet (Figures in Rs. Crores)

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 68.7269.0269.0253.953.8853.6853.4553.453.3118.71
Reserves Total 3,449.523,865.593,273.942,092.622,005.161,765.62,281.21,912.323,248.722,930.87
Total Shareholders Funds3,518.243,934.613,342.962,146.522,059.041,819.282,334.651,965.723,302.023,049.58
Minority Interest450.26550.3262.08672.33774.06782.52748.97702.57617.06820.53
Secured Loans00000000542.56642.11
Unsecured Loans522.63522.113.462.730000059.68
Total Loan Funds522.63522.113.462.730000542.56701.79
Policy Holders Fund0000051,094.2738,365.9630,934.4926,386.4619,032.39
Other Liabilities000005.6893.86126.1215.511,164.68
Total Liabilities4,491.135,007.023,608.52,821.582,833.153,701.7541,543.4433,728.8831,063.6124,768.97
APPLICATION OF FUNDS :
Gross Block 627.22630.03656.43655.18559.24558.331,259.22815.61,997.732,414.56
Less: Accumulated Depreciation12.7713.617.6714.513.531.88519.53466.98797.91822.1
Net Block614.45616.43638.76640.67555.71556.45739.69348.621,199.821,592.46
Capital Work in Progress000000.243.2837.0839.0255.1
Investments 1,23,355.461,09,794.1691,765.7568,565.663,244.7652,683.1844,058.6736,101.5132,014.8325,133.59
Inventories 00000000179.2169.4
Sundry Debtors 002.563.165.52.81530.84519.04693.42658.13
Cash and Bank Balance1,044.46599.55508.41449.11508.41612.63356.23335.63319.28394.47
Loans and Advances 6,805.566,737.115,141.264,857.742,841.681,381.31798.4664.34677.57594.99
Total Current Assets7,850.017,336.665,652.235,310.013,355.591,996.751,685.471,519.011,869.471,816.99
Current Liabilities 1,27,3221,12,725.6694,386.1571,568.9464,262.582,098.565,029.594,324.654,169.634,048.19
Provisions 10.6412.0514.25135.73.965.82166.393.4264.37285.43
Total Current Liabilities & Provisions1,27,332.641,12,737.7194,400.471,704.6364,266.542,104.385,195.894,418.064,434.014,333.63
Net Current Assets-1,19,482.63-1,05,401.05-88,748.17-66,394.63-60,910.95-107.64-3,510.42-2,899.05-2,564.54-2,516.64
Deferred Tax Assets3.861.367.9413.512.151.73002.8614.21
Deferred Tax Liability0.013.82115.793.5858.6537.28008.228.99
Net Deferred Tax3.85-2.52-47.859.93-56.5-35.5500-5.34-14.78
Other Assets0000.010.07605.07252.24140.72379.82519.25
Total Assets4,491.135,007.023,608.52,821.582,833.0953,701.7541,543.4533,728.8831,063.6124,768.98
Contingent Liabilities539.94225.7262.05103.31124.07326.82468.35546.13571.52494.81
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
SOURCES OF FUNDS :
Share Capital 69.0269.0269.0253.953.8853.6853.4553.453.353.25
Reserves Total 6,694.386,680.576,576.452,226.421,946.151,865.871,774.841,616.533,400.343,133.09
Total Shareholders Funds6,763.46,749.596,645.472,280.322,000.031,919.551,828.291,669.933,453.643,186.34
Secured Loans000000000180.67
Unsecured Loans1.971.543.462.73000000
Total Loan Funds1.971.543.462.7300000180.67
Other Liabilities000005.683.282.655.053.29
Total Liabilities6,765.376,751.136,648.932,283.052,000.031,925.231,831.571,672.583,458.693,370.3
APPLICATION OF FUNDS :
Gross Block 10.5813.3939.7938.5433.9833.0745.8619.7729.25468.3
Less: Accumulated Depreciation 6.739.0814.6713.043.531.8813.2111.0416.13168.28
Net Block3.854.3125.1225.530.4531.1932.658.7313.12300.02
Capital Work in Progress000000.24000.0224.55
Investments 6,695.146,723.176,616.372,468.42,131.321,964.321,795.721,704.783,318.542,744.38
Inventories 00000000066.15
Sundry Debtors 17.2815.0819.1819.2521.86.697.699.230153.89
Cash and Bank Balance57.67311.471.943.12.969.78363.6912.24
Loans and Advances 4.83.465.5710.468.8562.743.394.7129.77102.51
Total Current Assets79.7549.5426.2131.6533.7472.3920.8716.9393.46334.79
Current Liabilities 4.410.0113.38106.82191.61140.8121.1417.8718.8585.73
Provisions 10.6412.0514.25135.73.964.864.1948.8332.0553.84
Total Current Liabilities & Provisions15.0422.0627.63242.51195.57145.6725.3366.7150.9139.57
Net Current Assets64.7127.47-1.42-210.87-161.82-73.28-4.46-49.7742.56195.22
Deferred Tax Assets1.833.389.280.650000014.2
Deferred Tax Liability0.167.20.430.650000028.04
Net Deferred Tax1.67-3.828.85000000-13.84
Other Assets0000.010.072.767.668.8384.45119.96
Total Assets6,765.376,751.136,648.922,283.042,000.021,925.231,831.571,672.573,458.693,370.29
Contingent Liabilities8.58.398.278.289.649.419.638.13115.76293.7

Cash Flow (Figures in Rs. Crores)

Net Profit before Tax and Extr...527.21
Depreciation177.77
Interest (Net)29.72
P/L on Sales of Assets-0.31
P/L on Sales of Invest-6.69
Prov. and W/O (Net)7.68
Others-121.87
Total Adjustments (PBT and Ext...8,651.51
Operating Profit before Workin...9,178.72
Trade and 0ther Receivables-23.57
Trade Payables306.79
Total Adjustments (OP before W...838.68
Cash Generated from/(used in) ...10,017.4
Direct Taxes Paid-95.12
Total Adjustments(Cash Generat...-95.12
Cash Flow before Extraordinary...9,922.28
Net Cash from Operating Activi...9,922.28
Sale of Fixed Assets2.09
Purchase of Investments-12,09,044.81
Sale of Investments11,93,639.47
Interest Received6,513.25
Net Cash used in Investing Act...-9,227.65
Of Financial Liabilities-73.7
Interest Paid-37.2
Net Cash used in Financing Act...-232.76
Net Profit before Tax and Extr...19.25
Depreciation3.1
Interest (Net)0.11
P/L on Sales of Invest-6.69
Prov. and W/O (Net)-0.34
Total Adjustments (PBT and Ext...-32.17
Operating Profit before Workin...-12.93
Trade and 0ther Receivables-2.2
Trade Payables-4.38
Total Adjustments (OP before W...-9.7
Cash Generated from/(used in) ...-22.63
Direct Taxes Paid-11.44
Total Adjustments(Cash Generat...-11.44
Cash Flow before Extraordinary...-34.07
Net Cash from Operating Activi...-34.07
Sale of Fixed Assets0.04
Purchase of Investments-454.44
Sale of Investments1,359.75
Acquisition of Companies-842.66
Net Cash used in Investing Act...35.85
Of Financial Liabilities-1.76
Net Cash used in Financing Act...-1.76

Company Details

Registered Office
AddressBhai Mohan Singh Nagar,
Railmajra Tehsil Balachaur
CityNawanshahr
StatePunjab
Pin Code144533
Tel. No.91-01881-462000
Fax. No.91-01881-273607
Emailvkrishnan@maxindia.com
Internethttp://www.maxfinancialservices.com
Registrars
AddressBhai Mohan Singh Nagar
CityNawanshahr
StatePunjab
Pin Code144533
Tel. No.91-01881-462000
Fax. No.91-01881-273607
Emailvkrishnan@maxindia.com
Internethttp://www.maxfinancialservices.com
Management
Name Designation
Aman MehtaNon-Exec. & Independent Dir.
Dinesh Kumar MittalNon-Exec. & Independent Dir.
Analjit SinghChairman (Non-Executive)
Sahil VachaniNon Executive Director
Jai AryaNon-Exec. & Independent Dir.
Charles Richard Vernon StaggNon-Exec. & Independent Dir.
Hideaki NomuraDirector
Mitsuru YasudaDirector
K Narasimha MurthyIndependent Director