Max Financial Peer Comparison
NSE: MFSL | BSE: 500271
₹1,224.60
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 %
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
42,194 | 59,740 | 1,67,068 | 1,11,617 | 11,742 |
Revenue (₹ Cr) |
51,631 | 54,543 | 1,04,885 | 82,933 | 10,529 |
Net Profit (₹ Cr) |
231.83 | 1,759.41 | 2,655.54 | 2,048.47 | 133.57 |
Net Margin (%) |
0.45 | 2.60 | 2.16 | 1.89 | 1.07 |
RoE (%) |
3.35 | 12.45 | 13.40 | 11.01 | 8.23 |
Price to Earnings |
227.23 | 33.95 | 62.91 | 54.49 | 87.91 |
Price-To-Book |
7.38 | 4.12 | 8.13 | 5.73 | 7.17 |
Income Statement (₹ Cr)
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
Operating Income
|
51,631.47 | -- | 1,04,885.02 | 82,933.26 | 10,528.50 |
|
Other Income
|
23.26 | 158.69 | 18,278.17 | 25,600.11 | 1,999.40 |
|
Total Income
|
47,703.39 | 158.69 | 0.00 | 102.37 | 0.00 |
|
Interest Expense
|
136.88 | -- | 0.00 | 0.00 | 0.00 |
|
PBT & Exceptional Items
|
260.70 | -- | 2,891.92 | 2,237.68 | 149.17 |
|
Operating Expenses
|
51,257.15 | -- | 1,20,271.27 | 1,06,295.69 | 12,378.73 |
|
Exceptional Income/Expenses
|
0.00 | -- | 0.00 | 0.00 | 0.00 |
|
Profit before Tax
|
258.68 | 1,811.86 | 2,891.92 | 2,237.68 | 149.17 |
|
Taxes
|
28.54 | 203.97 | 236.38 | 189.21 | 15.60 |
|
Profit after Tax
|
230.14 | 1,607.89 | 2,655.54 | 2,048.47 | 133.57 |
|
Minority Interest
|
-46.14 | -- | 0.00 | 0.00 | 0.00 |
|
Share of Associate
|
0.00 | -- | 0.00 | 0.00 | 0.00 |
|
Consolidated Profit
|
185.69 | -- | 2,655.54 | 2,048.47 | 133.57 |
Liabilities (₹ Cr)
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
5,718.16 | 13,762.18 | 20,539.14 | 19,467.43 | 1,638.66 |
|
Minority Interest
|
-46.14 | -- | 0.00 | 0.00 | 0.00 |
|
Non-Current Liabilities
|
852.31 | 2,595.00 | 5,10,363.31 | 3,93,558.92 | 49,041.87 |
|
Current Liabilities
|
2,04,830.02 | -- | 7,472.32 | 10,719.00 | 1,164.47 |
|
Total Liabilities
|
1,98,935.55 | 3,12,725.22 | 4,92,053.37 | 3,79,344.58 | 46,824.44 |
Assets (₹ Cr)
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
633.59 | 711.00 | 2,47,966.44 | 2,99,192.73 | 31,315.38 |
|
Current Assets
|
2,10,195.02 | -- | 10,565.02 | 9,817.01 | 1,323.54 |
|
Total Assets
|
1,98,935.55 | 3,12,725.22 | 4,92,053.37 | 3,79,344.58 | 46,824.44 |
|
Contingent Liabilities
|
297.35 | 825.89 | 604.83 | 1,873.52 | 342.95 |
Cashflow (₹ Cr)
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
11,472.70 | -5,355.08 | 34,522.67 | 22,625.06 | 3,533.50 |
|
Cash Flow from Investing Activities
|
-11,124.61 | 7,571.06 | -35,317.99 | -23,871.12 | -3,665.91 |
|
Cash from Financing Activities
|
566.68 | -170.60 | -178.80 | -274.64 | 212.00 |
|
Net Cash Inflow / Outflow
|
914.77 | 2,045.38 | -974.12 | -1,520.70 | 79.59 |
Ratios
Profitability Ratios
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
ROCE (%)
|
4.32 | 11.82 | 14.15 | 10.01 | 8.35 |
|
ROE (%)
|
3.35 | 12.62 | 13.40 | 11.01 | 8.23 |
|
ROA (%)
|
0.11 | 0.52 | 0.52 | 0.52 | 0.27 |
|
EBIT Margin (%)
|
0.72 | -- | -14.67 | -28.17 | -17.57 |
|
Net Margin (%)
|
0.45 | 1,013.23 | 2.16 | 1.89 | 1.07 |
|
Cash Profit Margin (%)
|
0.00 | 3.13 | 2.47 | 2.46 | 1.29 |
Growth Ratios
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
17.58 | 8.63 | 15.62 | 11.94 | 22.11 |
|
EBIT Growth (%)
|
51.71 | -- | -28.19 | -46.56 | -13.99 |
|
Net Profit Growth (%)
|
13.30 | 35.63 | 8.24 | 8.20 | 6.31 |
|
EPS Growth (%)
|
12.31 | 35.26 | 8.15 | 7.61 | 6.31 |
|
Book Value Growth (%)
|
-0.17 | 13.89 | 13.65 | 11.08 | 5.84 |
Valuation Ratios
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
Price / Earnings
|
229.31 | 45.86 | 62.90 | 54.32 | 87.91 |
|
Price / Book Value
|
7.38 | 5.44 | 8.13 | 5.73 | 7.17 |
|
Dividend Yield (%)
|
0.00 | 0.32 | 0.16 | 0.41 | 0.32 |
|
EV/EBITDA
|
-385.70 | 61.25 | -10.65 | -4.83 | -6.15 |
|
Market Cap (₹ Cr)
|
51,220.10 | -- | -- | -- | -- |
Solvency Ratios
| Max Financial | ICICI Prudential | SBI Life Insurance | HDFC Life | Canara HSBC Life Insurance | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | 0.19 | 0.00 | 0.16 | 0.15 |
|
Short term debt to equity ratio
|
-- | -- | -- | -- | -- |
|
Current Ratio
|
1.03 | 1.13 | 1.41 | 0.92 | 1.14 |
|
Quick Ratio
|
1.03 | 1.13 | 1.41 | 0.92 | 1.14 |
|
Interest Coverage
|
2.89 | -- | -- | -- | -- |