fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Search » Max Financial Services Ltd

Max Financial Services Ltd

Updated on November 12, 2019

Stock/Share Code - MFSL

Max Financial Services is primarily engaged in making business investments in its subsidiary and providing management advisory services to the group companies.

Below is the details of MFSL Max Financial Services Ltd

Market Cap₹11,350 Cr.
Current Price ₹476.45 as on 15 Nov 19
52 Week High / Low Price₹519.35 / ₹343.95
Face Value₹2
Stock P/E78.01
Book Value₹74.24
Dividend Yield0.00 %
ROCE6.46 %
ROE6.46 %
Sales Growth (3yrs)-26.72 %
SectorFinance
IndustryFinance & Investments
Listed onBSE  AND  NSE
Company WebsiteCompany Website
Pros: Company is virtually debt free. Company is expected to give good quarter Company has been maintaining a healthy dividend payout of 27.81%
Cons: Stock is trading at 5.67 times its book value Though the company is reporting repeated profits, it is not paying out dividend Promoter's stake has decreased The company has delivered a poor growth of -31.41% over past five years. Promoter holding is low: 28.32% Tax rate seems low Company has a low return on equity of 6.31% for last 3 years. Promoters have pledged 80.36% of their holding

Max Financial Services Ltd Price Chart

Max Financial Services Ltd Price Chart

Max Financial Services Ltd Peer Comparison in Finance

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Qtr Sales Var % Sales Qtr Rs.Cr. ROCE %
1. Bajaj Fin. ₹3,215.35 46.22 ₹193,249.74 Cr. 0.18 ₹1,124.73 Cr. 34.90 39.77 5297.78 13.02
2. Bajaj Finserv ₹3,215.35 34.98 ₹113,297.75 Cr. 0.04 ₹845.34 Cr. 2.37 39.92 12271.66 14.02
3. HDFC AMC ₹2,224.05 53.35 ₹54,262.28 Cr. 0.94 ₹291.79 Cr. 42.16 7.04 504.39 51.64
4. Bajaj Holdings ₹3,215.35 12.04 ₹36,192.06 Cr. 1.00 ₹669.28 Cr. -5.90 -24.91 78.63 12.16
5. Muthoot Finance ₹701.65 12.10 ₹24,336.51 Cr. 1.98 ₹530.03 Cr. 7.83 13.74 1856.82 16.22
6. Shriram Trans. ₹6.5 8.51 ₹21,920.01 Cr. 1.24 ₹637.44 Cr. 10.79 8.70 4053.80 11.36
7. Cholaman.Inv.&Fn 17.53 ₹21,007.57 Cr. 0.48 ₹315.17 Cr. 12.05 24.51 2045.23 10.81
8. Max Financial 78.01 ₹11,349.77 Cr. 0.00 ₹171.56 Cr. 127.41 52.06 196.13 6.46

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Max Financial Services Ltd Fundamentals

Quarterly Results

Quarterly reports are issued by companies every three months. Most companies have a financial year-end of Mar. 31 and quarters that end on June 30, Sept. 30, Dec. 31 and March 31.

Standalone Figures in Rs. Crores

Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019
Sales131037942613112129817610196
YOY Sales Growth %15%-24.34%-45.75%-28.64%103.24%27.22%68.8%37.21%-70.5%34.32%-15.86%52.06%
Expenses2623272634322626643612024
Employee Cost %69.21%8.78%156.13%14.05%83.3%8.65%61.01%9.16%151.87%7%405.62%3.89%
Operating Profit-1381-2068-8100-14103-56140-110172
OPM %-104%78%-287%72%-31%76%-120%80%-724%79%-1,099%88%
Other Income100000000000
Interest0000000270000
Depreciation000000000001
Profit before tax-1380-2067-899-1575-56140-110172
Tax %-0%0%-0%0%-0%0%-0%0%-0%0%-0%0%
Net Profit-1380-2067-899-1575-56140-110172
EPS in Rs-0.493.01-0.772.51-0.303.71-0.562.81-2.105.21-4.096.37
NotesNotesNotesNotesNotesNotesNotesNotesNotesNotesNotesNotes

Profit & Loss

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs and expenses incurred during a specified period, usually a fiscal quarter or year. The P&L statement is synonymous with the income statement. These records provide information about a company's ability or inability to generate profit" by increasing revenue, reducing costs or both. Some refer to the P&L statement as a statement of profit and loss, income statement, statement of operations, statement of financial results or income, earnings statement or expense statement.

Standalone Figures in Rs. Crores

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018TTM
Sales1532783493324617421,508990582201256229390
Sales Growth %24.41%82.22%25.36%-4.76%38.72%60.95%103.2%-34.35%-41.23%-65.5%27.39%-10.46%%
Expenses16727937632843770882977511184100104244
Material Cost %68.35%66.86%66.93%64.82%60.18%64.95%34.25%52.89%0%0%0%0%%
Manufacturing Cost %13.97%13.75%12.94%13.78%11.44%11.23%6.21%9.11%0.8%1.72%1.36%1.83%%
Employee Cost %11.1%6.9%5.95%10.19%12.03%8.34%5.45%8.02%9.11%16.27%14.55%17.4%%
Other Cost %15.9%12.7%21.95%9.97%11.15%10.92%9.05%8.27%9.25%23.75%23.32%26.36%%
Operating Profit-14-1-2742434679215470117155125146
OPM %-9%-0%-8%1%5%5%45%22%81%58%61%54%38%
Other Income45926626237121030101
Interest51516156731172200000
Depreciation61112131523242442222
Profit before tax2065103-35-13649180469115154123146
Tax %30%5%-110%123%-21%-17%14%-3%17%0%0%0%
Net Profit146222-1-42-15561185391115154123146
EPS in Rs0.682.420.850.000.000.0017.286.0212.714.325.764.585.39
Dividend Payout %0%0%0%-0%-0%-0%58%52%34%83%0%0%

Compounded Sales Growth

  • 10 Years:: -1.93%
  • 5 Years:: -31.41%
  • 3 Years:: -26.72%
  • TTM:: 30.74%

Compounded Profit Growth

  • 10 Years:: 7.13%
  • 5 Years:: -26.18%
  • 3 Years:: -31.97%
  • TTM:: -4.39%

Return on Equity

  • 10 Years:: 5.97%
  • 5 Years:: 7.65%
  • 3 Years:: 6.31%
  • Last Year:: 6.46%

Balance Sheet

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity at a specific point in time, and provides a basis for computing rates of return and evaluating its capital structure. It is a financial statement that provides a snapshot of what a company owns and owes, as well as the amount invested by shareholders. It is used alongside other important financial statements such as the income statement and statement of cash flows in conducting fundamental analysis or calculating financial ratios.

Standalone Figures in Rs. Crores

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Share Capital36444446465353535353535454
Equity Capital35.9844.3544.4146.4746.552.9153.153.2553.353.453.4553.68
Reserves9671,9992,0182,1642,1382,8193,0333,1333,4001,6171,7751,9281,946
Borrowings27629610160462411915618100000
Other Liabilities111616115020410617017156692933196
Trade Payables33.7737.1930.924.3365.3850.0751.1373.0711.238.8811.6810.1714.19
Total Liabilities1,3902,4012,2252,9653,0123,0963,4133,5383,5101,7391,8572,0142,196
Fixed Assets167174174184329325313300139333130
Gross Block220.17237.55249.21271.26430.55448.66458.14468.329.2519.7745.8645.56
Accumulated Depreciation52.6963.4774.9487.12101.17123.75145.59168.2816.1311.0413.2114.37
CWIP45262210122500000
Investments1,0582,0651,6902,5831,9712,3082,7332,7443,3191,7051,7961,9632,131
Other Assets16015733517671146435546917826292034
Inventories13.3427.6128.0425.4641.5648.5144.9366.1500000
Trade receivables29.7161.5252.961.275.25119.52138.22153.8909.237.696.6921.8
Cash Equivalents8.157.57166.3314.44457.69178.167.712.2463.6939.782.893.1
Loans n Advances102.8657.5186.7474.95130.39103.76144.78116.7129.774.713.391.611.71
Other Assets etc6.332.710.606.5513.5619.77119.9684.458.837.678.467.2
Total Assets1,3902,4012,2252,9653,0123,0963,4133,5383,5101,7391,8572,0142,196

Cash Flows

Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow.

Standalone Figures in Rs. Crores

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Cash from Operating Activity-39-18-159-27-43-212-53117-57160126
Profit from operations6.7526.6512.4413.1623.096.4-64.1-29.87108.13-55.43-65.05-70.18
Working Capital Changes-8.64-43.26-26.43-3.56-42.84-54.6-28.99-21.656.010.58223.5197.21
Taxes paid-37.22-1.68-0.62-0.17-6.864.8-119.3-1.4-46.95-2.621.24-0.84
Cash from Investing Activity-95-968384-8841551335715840121-105-161
Fixed Assets Purchased-115.19-31.36-30.66-20.81-125.05-16.11-24.3-98.42-8.95-0.16-1.28-1.07
Fixed Assets Sold0.340.310.220.150.090.110.350.671.1900.980.32
Investments purchased-2202.55-3936.25-2289.05-6313.87-1911.69-1437.88-1764.54-670.42-1992.38-867.47-1056.7-448.86
Investments sold2195.012930.32658.945447.222543.281106.822019.08703.661946.26833.26952.12288.89
Cash from Financing Activity137986-211723-4671-275-102-157-75-4828
Proceeds from Shares18.9310000236.70000.140.060.10.0627.63
Proceeds from Borrowings84.34331.271.27101.5516.8959.9847.70000
Repayment of Borrowings-5.86-12.27-22.05-20.66-81.4-0.45-22.25-23.37-2.07000
Interest Paid-2.53-14.37-15.93-10.49-65.68-32.05-15.98-19.980000
Dividends Paid000000-265.52-106.38-154.57-74.75-48.070
Net Cash Flow3-1159-1528341-13031-117-7

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Ratios

Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
ROCE %2%4%1%-0%1%1%21%6%14%4%9%6%
Debtor Days71815567605933570171111
Inventory Turnover12.3813.6012.5412.4313.7616.4832.2717.8217.59

Announcements & News

Recent Announcements

Annual Reports

How to Invest in Mutual Funds SIP Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.
  2. Complete your Registration and KYC Process
  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest! Get Started
  4. Invest in Mutual Funds which invests in Max Financial Services Ltd & Get More Returns than Bank Deposit

Disclaimer:
All efforts have been made to ensure the information provided here is accurate as per time to time filling by company to exchanges. However, no guarantees are made regarding correctness of data. Investors are advised to validate/check information with exchanges or companies website before making any investment decisions.