Max Financial Peer Comparison
NSE: MFSL | BSE: 500271
₹1,582.20
As on 27-Aug-2026 11:24IST
Market cap
₹54,804 Cr
Revenue (TTM)
₹49,822 Cr
P/E Ratio
498.7
P/B Ratio
10.2
Div. Yield
0 %
| Max Financial | ICICI Prudential | Life Insurance | SBI Life Insurance | HDFC Life | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
54,804 | 75,153 | 5,27,062 | 1,77,844 | 1,20,572 |
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 |
498.72 | 44.62 | 8.77 | 68.38 | 61.04 |
Price-To-Book |
10.21 | 5.28 | 2.70 | 8.84 | 6.16 |
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 |
Liabilities (₹ Cr)
| 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 |
Assets (₹ Cr)
| 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 |
Cashflow (₹ Cr)
| 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 |
Ratios
Profitability Ratios
| 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 |
Growth Ratios
| 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 |
Valuation Ratios
| Max Financial | ICICI Prudential | Life Insurance | SBI Life Insurance | HDFC Life | |
|---|---|---|---|---|---|
|
Price / Earnings
|
504.11 | 45.86 | 4.94 | 68.29 | 60.76 |
|
Price / Book Value
|
10.16 | 5.44 | 2.69 | 8.83 | 6.16 |
|
Dividend Yield (%)
|
0.00 | 0.32 | 2.40 | 0.15 | 0.38 |
|
EV/EBITDA
|
-507.94 | 61.25 | -1.12 | -10.93 | -5.39 |
|
Market Cap (₹ Cr)
|
51,220.10 | -- | -- | -- | -- |
Solvency Ratios
| 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 | -- | -- | -- | -- |