Max Financial Financials

NSE: MFSL | BSE: 500271

₹1,224.60

₹-6.70 (-0.54%)

As on 28-Oct-2026IST

Market cap

₹42,194 Cr

Revenue (TTM)

₹51,631 Cr

P/E Ratio

227.2

P/B Ratio

7.4

Div. Yield

0 %

Income Statement (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Operating Income	51,631.47	47,664.34	46,459.58	46,572.32	31,384.04	31,156.49
Other Income	23.26	39.04	42.16	52.32	47.86	33.65
Total Income	51,654.73	47,703.39	46,501.75	46,624.65	31,431.91	31,190.14
Interest Expense	136.88	170.28	102.21	93.13	57.24	67.00
Operating Expenses	51,257.15	47,078.67	45,711.91	45,902.58	30,669.69	30,554.26
Exceptional Income/Expenses	--	--	--	--	--	--
Profit before Tax	258.68	119.79	450.11	416.11	527.21	388.66
Taxes	28.54	15.33	43.36	22.56	75.31	70.25
Profit after Tax	230.14	104.46	406.76	393.55	451.89	318.40
Minority Interest	-46.14	-21.59	-76.17	-52.50	-73.41	-65.03
Share of Associate	--	--	--	--	--	--
Consolidated Profit	185.69	83.99	327.23	340.11	378.49	253.37

Liabilities (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Shareholder's Funds	5,718.16	5,281.79	5,274.52	3,865.93	3,518.24	3,934.61
Minority Interest	-46.14	1,138.20	1,128.72	503.61	450.26	550.30
Non-Current Liabilities	852.31	2,458.21	1,597.53	890.75	1,246.72	777.32
Current Liabilities	2,04,830.02	1,90,028.64	1,82,175.83	1,57,508.87	1,27,038.65	1,12,485.02
Total Liabilities	2,12,718.11	1,98,935.55	1,90,179.65	1,62,771.45	1,32,257.71	1,17,747.25

Assets (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Non-Current Assets	633.59	3,559.33	3,277.25	3,170.90	1,21,275.08	1,06,426.31
Current Assets	2,10,195.02	1,95,347.51	1,86,848.54	1,59,544.10	10,978.79	11,320.94
Total Assets	2,12,718.11	1,98,935.55	1,90,179.65	1,62,771.45	1,32,257.71	1,17,747.25
Contingent Liabilities	--	297.35	211.37	180.12	169.88	225.70

Cashflow (₹ Cr)	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Cash From Operating Activities	--	11,472.70	8,351.60	6,104.36	9,922.29	8,495.86
Cash Flow from Investing Activities	--	-11,124.61	-9,703.11	-5,001.31	-11,555.05	-8,835.38
Cash from Financing Activities	--	566.68	1,961.41	-116.98	-232.76	387.97
Net Cash Inflow / Outflow	--	914.77	609.90	986.06	-1,865.53	48.45

Financials Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Adjusted EPS (₹)	5.33	2.45	9.53	9.90	11.02	7.34
Cash EPS (₹)	5.38	12.79	18.76	17.65	18.33	14.45
Adjusted Book Value (₹)	165.70	152.91	153.11	112.32	102.28	114.01
Dividend per Share (₹)	--	--	--	--	--	--
Cash Flow per Share (₹)	--	334.19	243.17	177.65	288.77	246.17
Free Cash Flow per Share (₹)	--	9.68	25.54	0.14	37.67	11.15

Profitability Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
ROCE (%)	--	4.32	10.34	12.09	13.76	11.69
ROE (%)	3.35	1.99	8.92	10.67	12.13	8.75
ROA (%)	0.11	0.05	0.23	0.27	0.36	0.30
EBIT Margin (%)	0.72	0.53	1.10	0.98	1.71	1.35
Net Margin (%)	0.45	0.22	0.87	0.84	1.44	1.02
Cash Profit Margin (%)	--	0.92	1.39	1.30	2.01	1.60

Growth Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Revenue Growth (%)	17.58	2.59	-0.24	48.39	0.73	-0.29
EBIT Growth (%)	51.71	-50.79	11.65	-14.85	27.15	2.46
Net Profit Growth (%)	17.45	-74.32	3.36	-12.91	41.92	-43.12
EPS Growth (%)	15.23	-74.32	-3.74	-10.14	50.04	-40.44
Book Value Growth (%)	--	-0.17	36.25	9.81	-10.67	17.73

Valuation Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Price / Earnings	227.23	609.83	120.45	101.21	57.65	102.69
Price / Book Value	7.38	9.76	7.50	8.92	6.21	6.61
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	104.83	81.10	49.28	45.97	27.62	40.48
Close Price (₹)	1,373.40	1,490.70	1,147.70	1,002.20	635.00	753.90
High Price (₹)	1,892.50	1,892.50	1,311.20	1,069.15	885.00	1,148.05
Low Price (₹)	1,344.10	1,085.00	864.00	599.10	604.40	700.00
Market Cap (₹ Cr)	42,193.73	51,220.10	39,416.31	34,421.60	21,818.19	26,018.78

Solvency Ratios	TTM	Mar-26	Mar-25	Mar-24	Mar-23	Mar-22
Debt to Equity	--	0.35	0.20	0.13	0.15	0.13
Short term debt to equity ratio	--	--	--	--	--	--
Current Ratio	1.03	1.03	1.03	1.01	0.09	0.10
Quick Ratio	1.03	1.03	1.03	1.01	0.09	0.10
Interest Coverage	2.89	1.70	5.40	5.47	10.21	6.80

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

Income Statement (₹ Cr)