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Max Financial Services Limited MFSL.NS
IN · National Stock Exchange of India · XNSE · stock · Financial Services · website
Max Financial Services Limited financials (annual)
Bars are annual figures from 2023 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | ₹476.8B | ₹464.7B | ₹464.9B | ₹313.3B |
| SG&A expense | ₹117.0M | ₹106.5M | ₹6.4B | ₹5.9B |
| Interest expense | ₹1.1B | ₹473.6M | ₹288.8M | ₹1.1M |
| Income tax | ₹153.3M | ₹433.6M | ₹225.6M | ₹753.1M |
| Net income | ₹839.7M | ₹3.3B | ₹3.4B | ₹3.8B |
| EPS (diluted) | — | ₹9.53 | ₹9.90 | ₹10.97 |
| Operating cash flow | ₹114.7B | ₹83.5B | ₹61.0B | ₹99.2B |
| Free cash flow | ₹112.3B | ₹81.3B | ₹58.8B | ₹97.5B |
| Cash & equivalents | ₹21.4B | ₹14.5B | ₹17.0B | ₹12.3B |
| Goodwill | ₹5.3B | ₹5.3B | ₹5.3B | ₹5.3B |
| Total assets | ₹1.99T | ₹1.90T | ₹1.63T | ₹1.32T |
| Total debt | ₹18.6B | ₹14.4B | ₹8.4B | ₹8.3B |
| Total liabilities | ₹1.93T | ₹1.84T | ₹1.58T | ₹1.28T |
| Shareholders' equity | ₹52.8B | ₹52.7B | ₹38.7B | ₹35.2B |
| Share buybacks | ₹539.1M | ₹406.4M | ₹54.4M | ₹1.2B |
Growth · year-over-year · Revenue CAGR 15%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue growth | +2.6% | -0.1% | +48.4% | — |
| Net income growth | -74.3% | -3.8% | -10.1% | — |
| EPS growth | — | -3.7% | -9.8% | — |
| Free cash flow growth | +38.0% | +38.3% | -39.7% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.