MFSL1,473.00

Max Financial Services Ltd.

· Banking & Finance
₹ CrorePeersHDFCLIFESBILIFEICICIPRULIINDIANBIDFCFIRSTBICICIGIFEDERALBNKPAYTMMcap ₹50,568 Cr
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In ₹ Crore except Per Share
12 Months Ending
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Last 12M
30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation212.9237.5334.7
+ Impairment Loss / (Reversal)-7.10.00.0
+ Finance Costs59.869.9148.7
+ Interest Income-7,707.7-8,985.9-10,028.5
+ Fair Value (Gains) / Losses-12,384.2-4,799.62,792.6
+ Share-based Payments3.40.00.0
+ Other Non-cash Items25,936.121,098.217,381.9
Changes in Working Capital
+ Trade Receivables — Current-241.3-167.9-155.7
+ Other Financial Assets — Current56.0-22.02.9
+ Other Financial Assets — Non-current-12.133.089.8
+ Trade Payables — Current-192.4356.4751.7
+ Other Financial Liabilities — Current-46.70.0237.3
+ Other Financial Liabilities — Non-current28.60.0-253.4
+ Other Current Liabilities0.082.00.0
+ Other Non-current Liabilities0.012.00.0
+ Provisions — Current0.00.095.7
Cash from Operating Activities
Profit Before Tax (per I/S)414.8450.1119.8156.2
+ Total Adjustments (incl. Working Capital)5,705.27,913.611,397.7
Cash from Operations (pre-tax)6,120.08,363.711,517.5
+ Other Inflows / (Outflows) — Operating0.0-5.7-3.1
+ Income Taxes Paid13.16.241.7
Cash from Operating Activities6,107.08,351.811,472.7
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)222.9218.1244.4
+ Disp of Fixed Assets1.82.26.4
+ Purchase of Investments (Equity / Debt)1,13,955.61,24,397.71,41,975.2
+ Sale of Investments (Equity / Debt)1,01,524.11,06,015.41,21,126.6
+ Loans & Advances Made138.9172.2176.6
+ Interest Received — Investing7,777.99,067.310,087.5
+ Other Inflows / (Outflows) — Investing9.7-0.251.2
Cash from Investing Activities-5,003.9-9,703.3-11,124.6
Cash from Financing Activities
+ Proceeds from Issue of Shares0.01,611.90.0
+ Proceeds from Other Equity Instruments7.519.218.7
+ Payments for Other Equity Instruments5.440.653.9
+ Proceeds from Debentures / Notes / Bonds0.00.0799.1
+ Payment of Lease Liabilities0.090.9115.0
+ Payment of Finance Lease Liabilities81.7
+ Interest Paid37.337.382.2
+ Other Inflows / (Outflows) — Financing0.0499.30.0
Cash from Financing Activities-117.01,961.4566.7
Net Changes in Cash (pre-FX)986.1609.9914.8
Net Changes in Cash986.1609.9914.8
Closing Cash10,822.1
Reference Items
EBITDA419.6472.0211.6259.9
EBITDA Margin %0.901.020.440.52
Free Cash Flow (CFO − Capex)5,884.18,133.711,228.311,228.3
Free Cash Flow per Basic Share171.40236.93327.07327.07
Price to Free Cash Flow4.50
Cash Flow to Net Income15.5620.70108.68
Cash Paid for Taxes13.16.241.7
Cash Paid for Interest37.337.382.2
As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreementXBRL cross-verified ✓ 95%.