Max Financial Services stock
MFSL.NSNSEMax Financial Services Limited, Financial ServicesISIN INE180A01020
42Score 42 out of 100, Weak
Price and trend
52 / 100
Price history
−20% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 12% below it.
Since May 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Overheated: the price has risen very quickly lately (RSI 74).
The price is 26% below its 52-week high. Largest decline in 20 years: 67% (November 2007 to October 2008).
Chart figures for advanced users
- SMA 50$14.54
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$16.62
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)74
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$12.51
- The lowest closing price of the last twelve months.
- Resistance$19.88
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Max Financial Services Limited belongs to the Insurance (Life) industry (India) and, with a market value of $5.04B, is number 30 of 34 companies in its industry on MEQIRI.
- In fiscal 2026 it reported revenue of $5.07B (up 2.8% year on year) and earnings of $8.93M (down 74.3%).
- For fiscal 2027, analysts expect on average revenue of $4.73B (down 6.7%) and adjusted earnings per share of $0.07.
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- MEQIRI Score 42 out of 100 (Weak): rank 921 of 975 in Financial Services, median 68.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Consistently profitableProfit in all 10 fiscal years from 2017 to 2026.Fundamentals 65
Weaknesses
- Earnings per share fallingDown 29.9% a year since 2021.Growth 39
- High leverageTotal assets 35.6 times equity.Stability 30
- Low return on equityReturn on equity 3.1% over the last 12 months.Profitability 22
The score is held back by stability and profitability.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk not measured
How well MEQIRI warnsFor stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.
Valuation
Valuation signal
not measuredNo fair value can be calculated for this stock, so the signal follows the valuation grade.
Valuation metrics
No fair value can be calculated for this stock from the available figures.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 17.8% on the twelve months before. Revenue has grown strongly since 2007, at around 18% per year.
Margins
- Operating margin
- Net margin
In fiscal 2026: operating 0%, net 0%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 9 Feb 2027in 88 days
- Last reported
- 27 Oct 2026EPS reported $0.01 (expected $0.00)above expectations
What happened at Max Financial Services
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 42
- Sector median
- 68
Categories against the sector medianMedian of 975 companies
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Insurance (Life)
The next larger and next smaller companies by market value
- ICICI Prudential Life InsuranceICICIPRULI.NS $7.2B57
- Sony Financial Group8729.T $6.26B70
- FWD Group Holdings1828.HK $5.5B51
- CNO Financial GroupCNO $5.25B74
- F&G Annuities & LifeFG $3.13B56
- Brighthouse FinancialBHF $2.54B39
- Wüstenrot & WürttembergischeWUW.DE $1.38B42
- Abacus Global ManagementABX $858.62M61
ETFs that hold Max Financial Services
Held by 12 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares MSCI EM Small Cap UCITS ETFEUNI | 0.24% | 0.74% | €274.03M |
| Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingVFEA | 0.04% | 0.17% | €5.24B |
| iShares Core MSCI EM IMI UCITS ETFIS3N | 0.03% | 0.18% | €37.98B |
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| iShares MSCI EM IMI Screened UCITS ETF USD (Acc)AYEM | 0.03% | 0.18% | €5.26B |
| Vanguard ESG Global All Cap UCITS ETF (USD) AccumulatingV3AA | 0.00% | 0.24% | €1.69B |
| Vanguard FTSE All-World UCITS ETF (USD) AccumulatingVWCE | 0.00% | 0.14% | €79.59B |
| Amundi Prime All Country World UCITS ETF AccWEBN | 0.00% | 0.07% | €8.95B |
| Vanguard FTSE Global All-Cap UCITS ETF Accum USDVGLA | 0.00% | 0.07% | €3.9B |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 6 Mar 2026)
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.