Max Financial Peer Comparison

NSE: MFSL | BSE: 500271

₹1,559.00

₹5.00 (0.32%)

As on 18-Sep-2026IST

Market cap

₹54,356 Cr

Revenue (TTM)

₹49,822 Cr

P/E Ratio

494.6

P/B Ratio

10.1

Div. Yield

0 %

Edit

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Market cap (₹ Cr)	54,356	71,661	5,20,737	1,77,542	1,19,960
Revenue (₹ Cr)	49,822	52,582	5,45,609	1,02,856	79,949
Net Profit (₹ Cr)	137.40	1,684.45	53,956.01	2,600.90	1,975.16
Net Margin (%)	0.27	2.48	5.39	2.14	1.89
RoE (%)	2.05	12.10	37.72	13.29	10.63
Price to Earnings	494.64	42.54	8.67	68.26	60.73
Price-To-Book	10.13	5.03	2.67	8.82	6.13

Income Statement (₹ Cr)

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Operating Income	49,821.97	--	5,45,608.54	1,02,855.63	79,948.70
Other Income	26.17	158.69	4,54,812.22	18,791.37	24,708.88
Total Income	47,703.39	158.69	191.31	0.00	102.37
Interest Expense	127.71	--	0.00	0.00	0.00
PBT & Exceptional Items	158.34	--	50,061.53	2,833.81	2,130.50
Operating Expenses	49,562.09	--	9,50,359.23	1,18,813.19	1,02,527.08
Exceptional Income/Expenses	0.00	--	0.00	0.00	0.00
Profit before Tax	156.21	1,811.86	50,061.53	2,833.81	2,130.50
Taxes	20.46	203.97	-3,894.48	232.91	155.34
Profit after Tax	135.75	1,607.89	53,956.01	2,600.90	1,975.16
Minority Interest	-27.51	--	-28.83	0.00	0.00
Share of Associate	0.00	--	6,153.17	0.00	0.00
Consolidated Profit	109.89	--	60,080.35	2,600.90	1,975.16

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Shareholder's Funds	5,281.79	13,762.18	1,76,605.34	20,120.98	19,562.04
Minority Interest	-27.51	--	-28.83	0.00	0.00
Non-Current Liabilities	1,240.44	2,595.00	57,32,650.64	5,05,925.09	3,85,234.20
Current Liabilities	1,91,275.13	--	39,025.15	7,901.09	9,086.54
Total Liabilities	1,98,935.55	3,12,725.22	59,09,531.25	4,92,053.37	3,79,344.58

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Non-Current Assets	635.69	711.00	56,54,174.74	2,42,066.12	2,87,705.11
Current Assets	1,96,408.22	--	2,32,193.88	8,401.62	9,002.55
Total Assets	1,98,935.55	3,12,725.22	59,09,531.25	4,92,053.37	3,79,344.58
Contingent Liabilities	297.35	825.89	16,168.15	604.83	1,873.52

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Cash From Operating Activities	11,472.70	-5,355.08	-26,211.48	34,522.67	22,625.06
Cash Flow from Investing Activities	-11,124.61	7,571.06	34,707.94	-35,317.99	-23,871.12
Cash from Financing Activities	566.68	-170.60	-7,625.55	-178.80	-274.64
Net Cash Inflow / Outflow	914.77	2,045.38	870.91	-974.12	-1,520.70

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
ROCE (%)	4.32	11.82	37.75	14.15	10.01
ROE (%)	2.05	12.62	37.72	13.29	10.63
ROA (%)	0.07	0.52	0.93	0.51	0.51
EBIT Margin (%)	0.52	--	-74.18	-15.51	-28.24
Net Margin (%)	0.27	1,013.23	5.39	2.14	1.89
Cash Profit Margin (%)	0.00	3.13	10.69	2.47	2.46

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Revenue Growth (%)	4.91	8.63	10.19	19.42	11.31
EBIT Growth (%)	-35.15	--	-12.76	52.62	15.34
Net Profit Growth (%)	-59.73	35.63	22.78	4.53	5.05
EPS Growth (%)	-60.31	35.26	9.35	4.44	4.63
Book Value Growth (%)	-0.17	13.89	38.48	13.65	11.08

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Price / Earnings	502.18	45.86	4.89	68.23	60.44
Price / Book Value	10.13	5.44	2.67	8.82	6.13
Dividend Yield (%)	0.00	0.32	2.43	0.15	0.38
EV/EBITDA	-508.75	61.25	-1.11	-10.92	-5.36
Market Cap (₹ Cr)	51,220.10	--	--	--	--

	Max Financial	ICICI Prudential	Life Insurance	SBI Life Insurance	HDFC Life
Debt to Equity	0.00	0.19	0.00	0.00	0.16
Short term debt to equity ratio	--	--	--	--	--
Current Ratio	1.03	1.13	5.95	1.06	0.99
Quick Ratio	1.03	1.13	5.95	1.06	0.99
Interest Coverage	2.22	--	--	--	--

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