Max Financial Key Ratios
NSE: MFSL | BSE: 500271
₹1,212.00
As on 29-Oct-2026IST
Market cap
₹42,173 Cr
Revenue (TTM)
₹51,631 Cr
P/E Ratio
227.1
P/B Ratio
7.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -22.50 | 18.48 | 17.58 | 10.61 | 8.70 |
| EBIT | -18.88 | 561.79 | 51.71 | -16.99 | -5.08 |
| Net Profit | -16.37 | 1,821.15 | 17.45 | 10.54 | 8.65 |
| EPS | -16.37 | 1,837.80 | 15.23 | -28.36 | -9.00 |
| Book Value | -- | -- | -0.13 | 14.34 | 9.56 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| -34.91 | 1.13 | 0.72 | 0.53 | 1.10 |
| Net Margin
| -29.95 | 0.88 | 0.45 | 0.22 | 0.87 |
| Return on equity
| -0.07 | 8.49 | 3.35 | 1.99 | 8.92 |
| Return on Assets
| -0.07 | 0.24 | 0.11 | 0.05 | 0.23 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
--
|
4.32
|
10.34
|
12.09
|
13.76
|
|
Peer Median
|
--
|
10.01
|
12.06
|
14.11
|
--
|
ROE
3.35
Lower than Peers by 7.26
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
3.35
|
1.99
|
8.92
|
10.67
|
12.13
|
|
Peer Median
|
10.60
|
11.54
|
10.65
|
13.14
|
--
|
ROA
0.11
Lower than Peers by 0.40
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
0.11
|
0.05
|
0.23
|
0.27
|
0.36
|
|
Peer Median
|
0.51
|
0.52
|
0.31
|
0.59
|
--
|
EBIT Margin
0.72
Higher than Peers by 51.13
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
0.72
|
0.53
|
1.10
|
0.98
|
1.71
|
|
Peer Median
|
-50.41
|
-17.57
|
1.00
|
-62.97
|
--
|
Net Margin
0.45
Lower than Peers by 1.36
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
0.45
|
0.22
|
0.87
|
0.84
|
1.44
|
|
Peer Median
|
1.80
|
--
|
5.00
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
--
|
0.92
|
1.39
|
1.30
|
2.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
17.58
Higher than Peers by 7.45
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
17.58
|
2.59
|
-0.24
|
48.39
|
0.73
|
|
Peer Median
|
10.13
|
15.62
|
13.17
|
15.12
|
--
|
EBIT Growth
51.71
Higher than Peers by 55.00
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
51.71
|
-50.79
|
11.65
|
-14.85
|
27.15
|
|
Peer Median
|
-3.30
|
-28.19
|
11.20
|
-116.03
|
--
|
Net Profit Growth
17.45
Higher than Peers by 7.38
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
17.45
|
-74.32
|
3.36
|
-12.91
|
41.92
|
|
Peer Median
|
10.07
|
8.24
|
3.21
|
7.32
|
--
|
EPS Growth
15.23
Higher than Peers by 2.30
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
15.23
|
-74.32
|
-3.74
|
-10.14
|
50.04
|
|
Peer Median
|
12.93
|
8.15
|
11.33
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
--
|
-0.17
|
36.25
|
9.81
|
-10.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
--
|
0.35
|
0.20
|
0.13
|
0.15
|
|
Peer Median
|
--
|
0.16
|
0.13
|
0.10
|
--
|
Current Ratio
1.03
Lower than Peers by 0.27
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
1.03
|
1.03
|
1.03
|
1.01
|
0.09
|
|
Peer Median
|
1.29
|
1.13
|
1.24
|
1.31
|
--
|
Quick Ratio
1.03
Lower than Peers by 0.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
1.03
|
1.03
|
1.03
|
1.01
|
0.09
|
|
Peer Median
|
1.29
|
1.14
|
1.29
|
1.69
|
--
|
Interest Coverage
2.89
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
2.89
|
1.70
|
5.40
|
5.47
|
10.21
|
|
Peer Median
|
--
|
--
|
5.45
|
--
|
--
|
Valuation
Price / Earnings
227.12
Higher than Peers by 172.63
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
227.12
|
609.83
|
120.45
|
101.21
|
57.65
|
|
Peer Median
|
54.49
|
62.91
|
78.42
|
74.45
|
--
|
Price / Book Value
7.37
Higher than Peers by 3.26
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
7.37
|
9.76
|
7.50
|
8.92
|
6.21
|
|
Peer Median
|
4.12
|
5.73
|
7.77
|
7.95
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.40
|
0.32
|
--
|
0.15
|
--
|
EV/EBITDA
104.78
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
104.78
|
81.10
|
49.28
|
45.97
|
27.62
|
|
Peer Median
|
--
|
-385.64
|
-226.85
|
-2,739.37
|
--
|
Market Cap
42,173
Lower than Peers by 17,567
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Max Financial
|
42,173
|
51,220
|
39,416
|
34,422
|
21,818
|
|
Peer Median
|
59,740
|
59,740
|
51,826
|
99,819
|
--
|