Max India Financials

NSE: MAXIND | BSE: 543223

₹150.66

₹-2.23 (-1.46%)

As on 04-Sep-2026 15:51IST

Market cap

₹847 Cr

Revenue (TTM)

₹214 Cr

P/E Ratio

P/B Ratio

2.1

Div. Yield

0 %

Income Statement (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Operating Income	213.63	190.56	145.49	175.63	201.03	229.88
Other Income	27.01	22.80	18.69	19.11	12.42	7.56
Total Income	240.64	213.36	164.17	194.74	213.45	237.44
Interest Expense	12.99	13.79	8.06	4.67	6.23	10.28
Operating Expenses	325.46	296.42	263.68	230.05	200.53	231.12
Exceptional Income/Expenses	-3.13	4.78	-12.95	0.02	--	-5.13
Profit before Tax	-127.64	-120.97	-138.58	-49.03	-3.01	-18.03
Taxes	0.59	0.88	1.81	7.34	7.37	-1.89
Profit after Tax	-128.23	-121.85	-140.39	-56.38	-10.38	-16.14
Minority Interest	--	--	--	--	--	--
Share of Associate	-4.26	--	--	--	--	--
Consolidated Profit	-132.49	-121.85	-140.39	-56.38	-10.38	-16.14

Liabilities (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Shareholder's Funds	408.30	408.30	358.69	492.34	542.11	641.37
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	99.24	97.71	108.91	53.16	49.85	62.48
Current Liabilities	161.71	161.70	165.11	138.84	161.44	153.19
Total Liabilities	669.25	669.25	632.71	684.34	753.40	858.32

Assets (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Non-Current Assets	162.99	287.16	277.24	341.09	294.26	307.87
Current Assets	380.56	380.55	260.38	343.25	459.14	549.17
Total Assets	669.25	669.25	632.71	684.34	753.40	858.32
Contingent Liabilities	--	69.78	50.72	50.89	49.34	49.34

Cashflow (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Cash From Operating Activities	--	-94.72	-127.60	-102.34	69.42	66.50
Cash Flow from Investing Activities	--	-49.71	46.82	158.64	124.07	17.50
Cash from Financing Activities	--	148.31	-12.55	-29.00	-118.54	-93.94
Net Cash Inflow / Outflow	--	3.89	-93.34	27.30	74.94	-9.94

Financials Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Adjusted EPS (₹)	-24.62	-23.20	-30.42	-12.34	-2.28	-2.83
Cash EPS (₹)	-23.52	-18.42	-26.34	-10.11	-0.43	-1.59
Adjusted Book Value (₹)	71.59	68.23	75.52	105.76	118.21	112.40
Dividend per Share (₹)	--	--	--	--	--	--
Cash Flow per Share (₹)	--	-18.03	-29.27	-23.71	16.13	12.36
Free Cash Flow per Share (₹)	--	-25.14	-33.30	-21.64	18.79	12.74

Profitability Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
ROCE (%)	--	-27.83	-30.58	-8.39	0.52	-1.06
ROE (%)	-29.50	-34.48	-33.75	-11.03	-1.76	-2.50
ROA (%)	-19.70	-18.74	-21.32	-7.84	-1.29	-1.74
EBIT Margin (%)	-64.85	-68.72	-94.18	-36.77	-3.95	-3.62
Net Margin (%)	-53.29	-57.11	-85.52	-28.95	-4.86	-6.80
Cash Profit Margin (%)	--	-50.77	-83.56	-26.32	-0.96	-3.94

Growth Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Revenue Growth (%)	37.21	30.98	-17.16	-12.64	-12.55	90.17
EBIT Growth (%)	0.16	4.42	-112.18	-713.32	4.66	78.68
Net Profit Growth (%)	3.92	13.21	-149.03	-442.97	35.65	69.18
EPS Growth (%)	14.76	23.75	-146.63	-441.19	19.57	68.73
Book Value Growth (%)	--	2.84	-27.91	-10.24	-15.86	-2.02

Valuation Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Price / Earnings	-6.10	--	--	--	--	--
Price / Book Value	2.10	1.80	2.30	1.77	0.65	0.62
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	-9.09	-6.87	-6.98	-18.28	21.77	65.56
Close Price (₹)	158.39	122.85	174.27	190.91	76.94	69.62
High Price (₹)	242.40	242.40	319.29	220.98	106.17	79.86
Low Price (₹)	120.00	120.00	159.65	72.73	63.00	58.56
Market Cap (₹ Cr)	846.50	645.76	802.27	853.50	351.93	396.93

Solvency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debt to Equity	0.00	0.00	0.00	0.00	0.04	0.06
Short term debt to equity ratio	--	--	--	--	0.00	0.00
Current Ratio	2.35	2.35	1.58	2.47	2.84	3.59
Quick Ratio	2.26	2.26	1.48	2.43	2.53	2.73
Interest Coverage	-8.83	-7.77	-16.19	-9.51	0.52	-0.75

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Income Statement (₹ Cr)