Equities

Max Financial Services Ltd

  • Add to watchlist
  • Add to portfolio
  • Add an alert

Max Financial Services Ltd

Actions
FinancialsLife Insurance
  • Price (INR)1,848.30
  • Today's Change13.30 / 0.72%
  • Shares traded693.36k
  • 1 Year change+75.05%
  • Beta0.5369
Data delayed at least 15 minutes, as of Feb 16 2026 10:14 GMT.
More ▼
Notice
Important Notice
Please note that effective 5th February, 2026 the Financial Times will no longer publish or present securities from the Nairobi Stock Exchange.

Profile data is unavailable for this security.

About the company

Max Financial Services Limited is an India-based holding company. The Company is primarily engaged in growing and nurturing business investments and providing management advisory services to its group companies. Its business is categorized into two segments: Life Insurance and Business Investments and Others. The Life Insurance segment represents the life insurance business conducted across India by the Company’s subsidiary. The Business Investments and others segment is represented by treasury investments. The Company has an investment in its subsidiary, Axis Max Life Insurance Limited, which is a non-bank private life insurance company engaged in the business of life insurance and annuities. The subsidiary offers participating, non-participating, and linked products covering life insurance, pensions, and health benefits, including riders for individual and group segments. These products are distributed through individual agents, corporate agents, banks, brokers, and other channels.

  • Revenue in INR (TTM)491.83bn
  • Net income in INR1.46bn
  • Incorporated1988
  • Employees10.00
More ▼

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
MFSL:NSI since
announced
Transaction
value
Axis Max Life Insurance LtdAnnounced28 Jan 202628 Jan 2026Announced17.73%--
Data delayed at least 15 minutes, as of Feb 16 2026 10:14 GMT.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Challenger Ltd161.92bn12.32bn376.22bn589.0030.701.5127.992.320.27650.27653.635.640.0739----4,290,832.000.56260.8678--------7.6112.03--1.330.681557.08-3.3223.2542.97---53.6011.01
Thai Life Insurance PCL187.17bn36.86bn390.57bn4.31k10.600.8331--2.091.101.105.6114.040.1023----14,902,050.002.021.74--------19.698.57--49.600.00--0.49990.510320.3511.50-5.54--
Capital Financial Indonesia Tbk PT31.68bn589.37m401.57bn958.00681.349.70358.1412.682.012.01108.08141.180.1853----5,899,364,000.000.4240.2417--------2.290.8187--1.200.0965---10.89-11.2634.0012.59-1.55--
Sinar Mas Multiartha Tbk PT139.10bn16.14bn459.11bn9.25k28.443.2424.033.30471.13471.134,059.904,136.450.2166----2,793,912,000.002.570.3783--------11.851.35--7.290.2849--1.72-8.7734.68-28.792.55--
Sunshine Insurance Group Co Ltd1.03tn74.73bn551.68bn45.52k7.380.75295.870.53630.56080.56087.725.500.1335----1,831,670.000.98941.13--------7.415.71--8.360.245825.1213.47-5.1745.771.39-18.24--
FWD Group Holdings Ltd95.54bn89.29bn561.48bn6.86k6.260.85295.175.886.066.066.4944.53------1,190,397.00------------100.19----8.390.283--79.65--282.88------
Great Eastern Holdings Ltd554.13bn71.87bn565.47bn5.50k14.831.506.961.021.061.068.1510.470.068------0.90540.8476--------13.327.42--67.780.049638.2621.34-16.3628.49-0.16997.158.45
Max Financial Services Ltd491.83bn1.46bn629.80bn10.00429.75--132.341.284.254.131,434.36--------49,183,440,000.00--0.3315--------0.36461.18--1.97--0.0021.8921.24-3.0717.9211.28--
Sony Financial Group Inc-59.30bn-59.30bn662.23bn13.70k--1.60----------97.92----------0.3382----------2.71----0.88570.00-23.268.1991.350.49992.69--
Icici Prudential Life Insurance Comp Ltd758.97bn13.69bn932.17bn18.91k68.626.93--1.239.389.38520.1592.940.2344----40,142,020.000.42280.3647--------1.801.28----0.161714.34-20.9927.5139.362.1331.311.22
Data as of Feb 16 2026. Currency figures normalised to Max Financial Services Ltd's reporting currency: Indian Rupee INR

Institutional shareholders

35.26%Per cent of shares held by top holders
HolderShares% Held
HDFC Asset Management Co. Ltd. (Invt Mgmt)as of 11 Mar 202531.13m9.02%
Nippon Life India Asset Management Ltd. (Invt Mgmt)as of 31 Dec 202519.47m5.64%
Kotak Mahindra Asset Management Co. Ltd.as of 31 Jan 202611.39m3.30%
DSP Asset Managers Pvt. Ltd.as of 31 Jan 202610.91m3.16%
The Vanguard Group, Inc.as of 04 Feb 202610.24m2.97%
ICICI Prudential Asset Management Co. Ltd. (Invt Mgmt)as of 31 Jan 20268.73m2.53%
Capital Research & Management Co. (World Investors)as of 31 Dec 20258.69m2.52%
SBI Funds Management Ltd.as of 31 Jan 20268.29m2.40%
Aditya Birla Sun Life Amc Ltd. (Investment Management)as of 31 Jan 20266.57m1.90%
HDFC Life Insurance Co. Ltd. (Investment Portfolio)as of 31 Jan 20266.25m1.81%
More ▼
Data from 31 Dec 2025 - 10 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.