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 -

BSE 612.35 9.2 (1.53%)

BSE

612.35 9.2 (1.53%)
Volume: 1,01,782.00
M. Cap: 16,506.00
P/E: 208.99
Prev. Close: 604.75
Day
52 Wk
Symbol is not Traded Today for NSE

Stock Price Chart

Shareholding Pattern

Category No. of shares Percent(%)
Promoters 7,63,03,608 28.31
Foreign Institutions 8,21,94,457 30.49
NBFC and Mutual Funds 7,15,50,461 26.54
Others 84,93,132 3.15
General Public 2,51,41,752 9.33
Financial Institutions 58,91,094 2.19
Total 26,95,74,504 100.01

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

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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