Is Max Financial Services (MFSL) overvalued or fairly valued?

MarketChacha shows Max Financial Services's valuation in context — a forward P/E of about 98.4, a price-to-book of about 19.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Max Financial Services's revenue?

Max Financial Services reported revenue of ₹16 Cr for FY2025, with net profit of ₹327 Cr, per official filings.

What is the share price of Max Financial Services (MFSL)?

Max Financial Services last traded at ₹1,534.40 (-0.2% on the day), as of 7/21/2026 — a delayed quote shown for education, not investment advice.

Max Financial Services

MFSL · NSE · Insurance · India

₹1,534.40-0.2%

Delayed · as reported by Yahoo Finance · as of Jul 21, 2026, 5:33 AM

Snapshot

TickerMFSL

ExchangeNSE

SectorInsurance

IndustryInsurance - Life

CountryIndia

CEOMs. Mohini Daljeet Singh

HeadquartersNoida, India

Market cap₹52,997 Cr

P/B19.4

Volume1.39L

Websitewww.maxfinancialservices.com

Filings tracked0

About Max Financial Services

Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. The company operates through Business Investments and Others, and Life Insurance segments. It offers participating and nonparticipating and linked products covering life insurance, pension and health benefits, including riders for individual and group through individual agents, corporate agents, banks, brokers, and other channels. The company is also involved treasury investment activities; and provision of management advisory services. Max Financial Services Limited was incorporated in 1988 and is based in Noida, India.

Profile as reported by Yahoo Finance.

Who owns it

Promoters2.1%
Institutions82.2%
Public & other15.7%

126 institutional holders

As reported by Yahoo Finance. Promoter pledge is not included here — that comes from exchange shareholding filings.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend0.8% → 2034.9%

Margin has expanded by about 2034.1 points — the business is getting more profitable.

Growth qualityrev -92% · PAT 9%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (Yahoo Finance). Education, not a rating or recommendation.

What's expected next

Next fiscal year

Rev ₹69,773 Cr · EPS 15.68

Est. earnings growth +18.0%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

₹1,433.6052-wk range₹1,892.50

Delayed · as reported by Yahoo Finance

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: Yahoo Finance

Annual

Quarterly · last 4

Market cap

₹52,997 Cr

Day change

-0.2%

Fwd P/E

98.4

P/B

19.4

Beta

0.65

Revenue (FY2025)

₹16 Cr

Net margin

2034.9%

Revenue CAGR (3y)

-92.0%

Profit CAGR (3y)

+8.9%

Net profit (FY2025)

₹327 Cr

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about MFSL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	Net margin
FY2025	₹16 Cr	₹327 Cr	2034.9%
FY2024	₹46,618 Cr	₹-11 Cr	-0.0%
FY2023	₹58 Cr	₹378 Cr	650.0%
FY2022	₹31,188 Cr	₹253 Cr	0.8%

Quarterly

Period	Revenue	Net profit	Net margin
2025Q4	—	₹37 Cr	—
2025Q3	—	₹4 Cr	—
2025Q2	₹12,825 Cr	₹70 Cr	0.5%
2025Q1	—	₹31 Cr	—

Figures as reported, in ₹ (crore). Source: Yahoo Finance.

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.