insurance
Max Financial Services
MFSL · Nifty 50
₹1,631.8
Price 2026-06-17
At a Glance
Fundamental
50/100
ADEQUATE
Trust
90/100
Verification
Coverage
44/100
LIMITED
Quick Take
Max Financial Services scores 50/100 on fundamentals (adequate). Max Financial Services: BROAD EXPANSION regime.
Fundamental Score: 50/100 · ADEQUATE · 1 signals detected
DuPont Analysis
ROE 1.6% broken into three drivers. Each shows how efficiently the company generates returns.
ROE of 1.63% is modest leverage-driven and stable. Net margin of 0.2% × asset turnover of 0.24x × leverage of 37.7x. High leverage amplifies returns but increases risk. Low asset turnover is normal for banks.
What This Means
Net margin of 0.2% means the company keeps ₹0.2 as profit for every ₹100 of revenue. This is a low-margin business. Asset turnover of 0.24x means the company generates ₹0.24 of revenue for every ₹1 of assets. This is a capital-heavy business. Leverage of 37.7x means the company uses significant debt. Higher leverage amplifies returns but also risk.
Margin Structure
Gross
100.0%
Operating
0.5%
Net
0.2%
Gross margin 100.0% → operating margin 0.5% → net margin 0.2%. Margins are DECLINING. Check if input costs are rising or competition is pressuring pricing.
Financial Health
Debt Sustainability
STRETCHEDInterest covered only 1.9x — stretched. Rising rates could pressure profitability.
Peer Comparison
Max Financial Services is compared against 6 peers in the insurance sector.
Bank Metrics
Return on Assets
0.04%
Benchmark: >1%
Efficiency Ratio
99.8%
Lower is better
Asset Growth
+4.7%
Year over year
PB Ratio
10.3x
Price to book
ROA of 0.04% is weak (benchmark: >1% for banks). P/B of 10.27x — trading above book. Premium valuation — market pricing in high growth expectations.
Key Watchpoints
Breaks above ₹1713 (+5%)
Trend reversal confirmation
Breaks below ₹1550 (-5%)
Further downside risk
Insurance sector entering leadership
Sector rotation signal
Detected Patterns
Risk Flags
No single controlling shareholder. Management may not be aligned with shareholders.
Mean recommendation: 1.2/5 (1=Strong Buy, 5=Strong Sell). Institutional confidence is high.
Company not overvalued on revenue basis.
➡️ 3 flags — 2 positive, 1 warning. Mixed profile.
Data Quality
News Correlation
50 articles scanned for fundamental themes