Max Financial Services Limited Share Price and Company Fundamentals



Price
₹705.9
Change
4.650 (0.663%)
52 week
625.2 - 1080.7

Last traded: Last Friday at 9:59 AM

Max Financial Services Limited, through its subsidiary, provides life insurance products in India. The company operates through Life Insurance and Business Investments segments. It offers a range of participating, non-participating, and linked products covering life insurance, pension, and health benefits, including riders for individual and group segments. The company also engages in treasury investment activities; and the provision of management advisory services. Its products are distributed through individual and corporate agents, banks, brokers, and other channels. The company was formerly known as Max India Limited and changed its name to Max Financial Services Limited in January 2016. Max Financial Services Limited was founded in 1984 and is based in Noida, India.

Key Metrics

PE ratio

81.17

PB ratio

6.23

Dividend yield

0.00%

Beta

0.79

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Insurance—Life / Financial Services
Full time employees 12
Website https://www.maxfinancialservices.com
Mailing address L20M, Max Towers Plot No. C-001/A/1 Sector-16B Noida 201301 India
Phone / Fax 91 11 4937 6000 / 91 11 2632 4126

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

0.00%

Max Financial Services Limited paid ₹0.00 dividend and the ex-dividend date was 19 Sept 2016.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.MFSL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

MFSL's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on Max Financial Services Limited.

Name Title Age Total Pay
Mr. Analjit Singh BA, BS, MBA Founder & Non-Exec. Chairman 67 30.6M
Mr. Mohit Talwar MD & Director 62
Mr. Venkatraman Krishnan Compliance Officer & Company Sec. 57
Mr. Amrit Pal Singh Chief Financial Officer
Ramachandra Vishnu Pai Mang. of Admin. 54
Ms. Jasrita Dhir Deputy Director of Brands & Communications
Simardeep Kaur Gen. Mang. of Human Capital 40
Mr. Dalbir Singh B.Com,ACA,ACS Sr. VP of Fin. & Commercial 62
Mr. Rahul Khosla Group Advisor 62
Ms. Mohini Daljeet Singh Chief Exec. of Max India Foundation

Profitability and management effectiveness

Profit margin

1.05%

Operating margin

1.61%

Return on assets

0.25%

Return on equity

8.36%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Max Financial Services Limited is and its enterprise value is .

The MFSL's stocks Beta value is 0.79 making it 21% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Max Financial Services Limited (NSE:MFSL) Frequently Asked Questions

1. What is Max Financial Services Limited's Stock Symbol?

Max Financial Services Limited trades on NSE under the ticker symbol "MFSL".

2. What is Max Financial Services Limited's stock price today?

One share of MFSL stock can currently be purchased for approximately ₹705.9.

3. How can I contact Max Financial Services Limited?

Max Financial Services Limited's mailing address is L20M, Max Towers Plot No. C-001/A/1 Sector-16B Noida 201301 India. The company can be reached via phone at 91 11 4937 6000.

4. What is Max Financial Services Limited's official website?

The official website of Max Financial Services Limited is https://www.maxfinancialservices.com.