Max Financial
BSE: 500271
|
NSE: MFSL
Max Financial
(CIN: L24223PB1988PLC008031)
operates in the Life Insurance industry and has been listed in the stock market since 1st Nov 1989.
It currents trades on NSE with symbol MFSL and on BSE with scrip code 500271.
The registered office of the company is 419,, Bhai Mohan Singh Nagar, Village Railmajra, Tehsil Balachaur,Nawan Shahr,Punjab,144533.
The management team of Max Financial is led by Mr. Analjit Singh who is the Non-Executive - Non Independent Director-Chairperson related to Promoter. Other members of the management team consist of Mrs. Naina Lal Kidwai (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Aman Mehta (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Dinesh Kumar Mittal (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Jatin Khanna (Designation:Chief Financial Officer), Mr. Mohit Talwar (Designation:Executive Director-MD), Mr. Sahil Vachani (Designation:Non-Executive - Non Independent Director), Mr. Jai Arya (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Charles Richard Vernon Stagg (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. V Krishnan (Designation:Company Secretary & Compliance Officer), .
The price and other financial information of Max Financial is as below -
The registered office of the company is 419,, Bhai Mohan Singh Nagar, Village Railmajra, Tehsil Balachaur,Nawan Shahr,Punjab,144533.
The management team of Max Financial is led by Mr. Analjit Singh who is the Non-Executive - Non Independent Director-Chairperson related to Promoter. Other members of the management team consist of Mrs. Naina Lal Kidwai (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Aman Mehta (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Dinesh Kumar Mittal (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Jatin Khanna (Designation:Chief Financial Officer), Mr. Mohit Talwar (Designation:Executive Director-MD), Mr. Sahil Vachani (Designation:Non-Executive - Non Independent Director), Mr. Jai Arya (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. Charles Richard Vernon Stagg (Designation:Non-Executive - Independent Director-Shareholder Director), Mr. V Krishnan (Designation:Company Secretary & Compliance Officer), .
The price and other financial information of Max Financial is as below -
Volume: 46,708.00
M. Cap: 14,995.00
P/E: 55.02
Prev. Close: 545.55
Day
52 Wk
Volume: 9,31,465.00
M. Cap: 14,995.00
P/E: 55.02
Prev. Close: 545.45
Day
52 Wk
Stock Price Chart
F&O Data
| Expiry Date | Open Price | High Price | Low Price | Prev Close | Last Price | Volume | Turnover Lacs | Underlying Value |
|---|---|---|---|---|---|---|---|---|
| 30-07-2020 | 533.80 | 558.65 | 533.80 | 538.20 | 556.05 | 1,499.00 | 10,714.73 | 555.00 |
| 27-08-2020 | 540.90 | 553.00 | 540.90 | 534.90 | 552.50 | 11.00 | 78.39 | 555.00 |
| 24-09-2020 | 542.30 | 555.00 |
| Calls | 30 Jul 2020 | Puts | ||||||
|---|---|---|---|---|---|---|---|---|
| OI (Delta OI) |
LTP (Change) |
Intrinsic Value | Time Value | Strike Price | Time Value | Intrinsic Value | LTP (Change) |
OI (Delta OI) |
| - |
- |
- | - | 260 | - | - | - |
- |
| - |
- |
- | - | 280 | - | - | - |
- |
| - |
- |
- | - | 300 | - | 0 | - |
3,900 (-) |
| - |
- |
- | - | 320 | - | - | - |
- |
| - |
- |
- | - | 330 | - | - | - |
- |
| - |
- |
- | - | 340 | - | - | - |
- |
| - |
- |
- | - | 350 | - | - | - |
- |
| - |
- |
- | - | 360 | - | - | - |
- |
| - |
- |
- | - | 370 | - | - | - |
- |
| - |
- |
- | - | 380 | - | - | - |
- |
| - |
- |
- | - | 390 | - | - | - |
- |
| - |
- |
- | - | 400 | 0.75 | 0 | 0.75 (-0.25) |
41,600 (+1,300.00) |
| 3,900 (-) |
- |
145.15 | - | 410 | - | - | - |
- |
| 2,600 (-) |
- |
135.15 | - | 420 | 1 | 0 | 1.00 (-3.40) |
24,700 (+1,300.00) |
| - |
- |
- | - | 430 | - | - | - |
- |
| 5,200 (-) |
- |
115.15 | - | 440 | - | 0 | - |
42,900 (-) |
| 1,300 (-) |
- |
105.15 | - | 450 | 3.5 | 0 | 3.50 (-2.50) |
46,800 (-) |
| 2,600 (-) |
- |
95.15 | - | 460 | - | 0 | - |
52,000 (-) |
| 2,600 (-) |
- |
85.15 | - | 470 | - | 0 | - |
29,900 (-) |
| 18,200 (-) |
- |
75.15 | - | 480 | 6.7 | 0 | 6.70 (-5.15) |
33,800 (+3,900.00) |
| 5,200 (-) |
- |
65.15 | - | 490 | 9.6 | 0 | 9.60 (-3.70) |
22,100 (-1,300.00) |
| 28,600 (-) |
- |
55.15 | - | 500 | 11.5 | 0 | 11.50 (-5.00) |
49,400 (+5,200.00) |
| 32,500 (-) |
57.15 (+16.15) |
45.15 | 12 | 510 | - | 0 | - |
19,500 (-) |
| 1,01,400 (+2,600.00) |
52.05 (+9.70) |
35.15 | 16.9 | 520 | 17.4 | 0 | 17.40 (-6.40) |
36,400 (+13,000.00) |
| 71,500 (+2,600.00) |
46.15 (+8.65) |
25.15 | 21 | 530 | 22.15 | 0 | 22.15 (-7.40) |
18,200 (+3,900.00) |
| 36,400 (-9,100.00) |
40.65 (+8.70) |
15.15 | 25.5 | 540 | 26 | 0 | 26.00 (-8.40) |
23,400 (+11,700.00) |
| 59,800 (-7,800.00) |
35.00 (+6.90) |
5.15 | 29.85 | 550 | 30.4 | 0 | 30.40 (-17.30) |
13,000 (+3,900.00) |
| 62,400 (+9,100.00) |
29.20 (+7.20) |
0 | 29.2 | 560 | 29.15 | 4.85 | 34.00 (-25.85) |
7,800 (+1,300.00) |
| 29,900 (-2,600.00) |
27.00 (+7.05) |
0 | 27 | 570 | 28.5 | 14.85 | 43.35 (-23.80) |
6,500 (+5,200.00) |
| 24,700 (+3,900.00) |
21.70 (+3.70) |
0 | 21.7 | 580 | 25.25 | 24.85 | 50.10 (-145.35) |
2,600 (+2,600.00) |
| 1,300 (-) |
- |
0 | - | 590 | - | - | - |
- |
| 1,20,900 (+45,500.00) |
15.10 (+2.60) |
0 | 15.1 | 600 | - | - | - |
- |
| 5,200 (-) |
- |
0 | - | 610 | - | - | - |
- |
| 28,600 (-3,900.00) |
10.50 (+4.05) |
0 | 10.5 | 620 | - | 64.85 | - |
5,200 (-) |
| 3,900 (-) |
- |
0 | - | 630 | - | - | - |
- |
| 24,700 (+6,500.00) |
8.25 (+3.25) |
0 | 8.25 | 640 | - | - | - |
- |
| - |
- |
- | - | 650 | - | - | - |
- |
Shareholding Pattern
| Category | No. of shares | Percent(%) |
|---|---|---|
| Promoters | 7,63,03,608 | 28.31 |
| Foreign Institutions | 8,25,08,360 | 30.61 |
| NBFC and Mutual Funds | 7,31,72,675 | 27.15 |
| Others | 79,00,372 | 2.93 |
| General Public | 2,47,10,747 | 9.17 |
| Financial Institutions | 49,13,725 | 1.82 |
| Total | 26,95,09,487 | 99.99 |
NSE Trade Data
| VWAP | 553.03 |
| Face Value | 2.00 |
| Traded Volume (shares) | 9,31,730.00 |
| Traded Value (lacs) | 5,152.75 |
| Free Float Market Cap (Crs) | 9,371.49 |
| 52 week high | 611.90 |
| 52 week low | 276.35 |
| Lower Price Band | 490.95 |
| Upper Price Band | 599.95 |
Security-wise Delivery Position
| Quantity Traded | 8,07,930.00 |
| Deliverable Quantity (gross across client level) | 1,72,603.00 |
| % of Deliverable Quantity to Traded Quantity | 21.36 % |
Value at Risk (VaR in %)
| Security VaR | 30.22 |
| Index VaR | - |
| VAR Margin | 30.22 |
| Extreme Loss Rate | 3.50 |
| Adhoc Margin | 6.28 |
| Applicable Margin Rate | 40.00 |
Financial Data
Consolidated
| Figures in crore | 2019 | 2018 | 2017 |
|---|---|---|---|
| Total Interest income | 19,498.29 | 16,337.74 | 15,246.72 |
| Net interest income | 19,470.99 | 16,337.63 | 15,237.79 |
| Non-interest income | 2.94 | 0.98 | 1.98 |
| Operating income | 19,473.93 | 16,338.61 | 15,239.77 |
| Depreciation | 1.75 | 1.92 | 62.53 |
| Profit Before Tax | 480.84 | 530.03 | 701.56 |
| Tax | 64.37 | 88.19 | 108.29 |
| Profit After Tax | 416.47 | 441.84 | 593.27 |
| Share Capital | 53.88 | 53.68 | 53.45 |
| Reserves | 2,005.16 | 1,765.60 | 2,281.20 |
| Net Worth | 2,059.04 | 1,819.28 | 2,334.65 |
| Deposits | 6.23 | 5.68 | 93.86 |
| Borrowings | 0.00 | 0.00 | 0.00 |
| Investments | 63,457.79 | 52,683.18 | 44,058.67 |
| Advances | 0.00 | 0.00 | 0.00 |
| Debtors | 5.50 | 2.81 | 530.84 |
Standalone
| Figures in crore | 2019 | 2018 | 2017 |
|---|---|---|---|
| Total Interest income | 317.30 | 263.78 | 255.74 |
| Net interest income | 290.05 | 263.78 | 255.74 |
| Non-interest income | 0.48 | 0.43 | 0.54 |
| Operating income | 290.53 | 264.21 | 256.28 |
| Depreciation | 1.75 | 1.92 | 1.96 |
| Profit Before Tax | 49.39 | 143.94 | 154.00 |
| Tax | 0.00 | 0.00 | 0.00 |
| Profit After Tax | 49.39 | 143.94 | 154.00 |
| Share Capital | 53.88 | 53.68 | 53.45 |
| Reserves | 1,946.15 | 1,865.87 | 1,774.84 |
| Net Worth | 2,000.03 | 1,919.55 | 1,828.29 |
| Deposits | 6.23 | 5.68 | 3.28 |
| Borrowings | 0.00 | 0.00 | 0.00 |
| Investments | 2,131.32 | 1,964.32 | 1,795.72 |
| Advances | 0.00 | 0.00 | 0.00 |
| Debtors | 21.80 | 6.69 | 7.69 |
Dividend Declared (₹)
The company has declared dividend 9 times between 23 Aug 2001 and 19 Sep 2016, totaling Rs. 24.00 so far. The most recent dividend was declared on 19 Sep 2016 for Rs. 1.8.
Financial Data Graph
* The above data is collected from public sources and we do not guarantee the accuracy of the same.*
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