Financials of Max Financial Services Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Max Financial Services Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +9,9299,16810,16512,35614,88811,79913,3728,92312,37612,8229,79214,25910,802
Expenses +9,8659,04310,02112,14614,94511,60813,1998,83412,35612,7039,77114,18110,808
Operating Profit64125144209-5719017389201192178-6
OPM %1%1%1%2%-0%2%1%1%0%1%0%1%-0%
Other Income +5325410123183795
Interest9991411913101520213635
Depreciation1111111111110
Profit before tax58118158198-591821628122101650-36
Tax %10%14%-8%14%-15%14%14%14%-73%14%6%11%-13%
Net Profit +52101170171-50156139703886645-32
EPS in Rs1.332.544.294.30-1.283.693.261.620.912.020.121.06-0.76

Financials of Max Financial Services Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales +14,90711,71015,24716,33819,51018,24031,27531,18231,41546,57646,46947,674
Expenses +14,18811,17914,47615,80719,00317,78830,68930,76930,86246,15045,99447,462
Operating Profit718531771531507452585413554426476212
OPM %5%5%5%3%3%2%2%1%2%1%1%0%
Other Income +302213213616362123
Interest82890270025374447112
Depreciation15460632211555332
Profit before tax512465702530481442593389527415447121
Tax %29%15%15%17%13%38%6%18%14%5%10%13%
Net Profit +365393593442416273560318452393403106
EPS in Rs10.499.4714.7910.679.755.3812.337.3410.979.859.482.43
Dividend Payout %48%38%0%0%0%0%0%0%0%0%0%0%

Financials of Max Financial Services Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital535353545454696969696969
Reserves3,2491,9122,2811,7662,0052,0933,2743,8663,4503,7975,2065,213
Borrowings +5430000335225235231,0261,859
Other Liabilities +31,65836,18144,40554,02265,09772,37794,710113,291127,783158,383183,698191,795
Total Liabilities35,50338,14746,73955,84267,15674,52698,057117,747131,824162,771189,999198,936
Fixed Assets +1,200349740556556641639616614612610607
CWIP39373000000000
Investments32,01536,10244,05952,68363,24568,56691,766109,794123,355152,959179,8419,716
Other Assets +2,2491,6601,9382,6023,3565,3205,6527,3377,8549,2019,548188,613
Total Assets35,50338,14746,73955,84267,15674,52698,057117,747131,824162,771189,999198,936

Financials of Max Financial Services Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +2,5793,8026,5267,5348,8265,4526,8928,4969,9226,1048,35211,473
Cash from Investing Activity +-2,311-3,541-6,290-6,951-8,789-4,991-6,852-8,835-11,555-5,001-9,703-11,125
Cash from Financing Activity +-388-187-215-116-174-383-92388-233-1171,961567
Net Cash Flow-1197420466-13778-5148-1,866986610915
Free Cash Flow2,2583,7146,4477,4858,7285,3296,8108,3699,7505,8838,13611,235
CFO/OP375%730%860%1,435%1,754%1,219%1,202%2,076%1,809%1,436%1,757%5,441%

Financials of Max Financial Services Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days171613000000000
Inventory Days84
Days Payable424
Cash Conversion Cycle-3241613000000000
Working Capital Days-74-101-93-1,158-1,149-1,338-1,042-1,241-1,402-1,172-1,36836
ROCE %13%13%25%19%19%16%18%10%12%10%8%3%