Market Cap
₹38,234 Cr.
P/E
112.43
About
Max Financial Services Limited is the holding company for Max Life, India's largest private life insurance company. It owns a majority stake in Max Life Insurance Company Limited, making it India's fi… Read more
Max Financial Services Limited is the holding company for Max Life, India's largest private li… Read more
Low
763
52W Range
High
1133
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Company Timeline

Forensics

8 Yes

Positive for this company

1 Neutral

Neutral for this company

8 No

Negative for this company

0 No Data

Insufficient data to analyse

ROE
Latest
10.76%
3yr Average
9.97%
5yr Average
9.89%
Net Profit Margin
Latest
1.21%
3yr Average
1.13%
5yr Average
1.1%
ROCE
Latest
12.22%
3yr Average
12.34%
5yr Average
13.44%
Debt to Equity
Latest
0.15
3yr Average
0.09
5yr Average
0.06
Market Share
1.39 %
(as of Oct 22)
Gross Direct Premium Income - Market Share
3.88 %
(as of Oct 22)
Health Insurance - Market Share
2.49 %
(as of May 24)
New Business Premium Life Insurance - Market Share
Revenue mix

Product Wise Break-Up

Segment Break-Up

Location Wise Break-Up

Distribution Channel

Operating Profit Break-Up

Investment Break-Up

Premium Break-Up - Life Insurance

Asset Break-Up

Operational Metrics

    Select a Metric
    • Risk Retention Ratio (%)
    • Combined Ratio (%)
    • Monthly Gross Direct Premium Income (GDPI) (Crs)
    • 13 Month Persistency Ratio (%)
    • 61 Month Persistency Ratio (%)
    • Commission Ratio - Life Insurance (%)
    • AUM - Life Insurance (Crs)
    • New Business Performance - Life Insurance (Crs)
    • Embedded Value (Crs)
    • Claim Settlement Ratio (%)
    • Value Of New Business Margin (VNB) (%)
    • Management Expense Ratio - Life Insurance (%)
    Peer Comparison
    Suppliers
    • Cigniti Technologies Ltd.
    FAQs on Max Financial Services Ltd. Business

    Max Financial Services holds a stake in Max Life, India's leading private life insurance company, in collaboration with Mitsui Sumitomo Insurance.

    Max Financial major competitors are Star Health and Allied, New India Assurance, Aditya Birla Capital, General Ins. Corp, Reliance Capital, ICICI Lombard Gen., ICICI Prudential.
    Market Cap of Max Financial is ₹38,234 Crs.
    While the median market cap of its peers are ₹58,161 Crs.

    Max Financial seems to be financially stable compared to its peers.
    The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate peers.

    Company Filing
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    Conference Call Mar Jun Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec
    Conference Call SummaryCon Call Summary Jun Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec
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