Max Financial Services Limited

NSEI:MFSL Stock Report

Market Cap: ₹381.1b

Max Financial Services Future Growth

Future criteria checks 3/6

Max Financial Services is forecast to grow earnings and revenue by 23.4% and 7.8% per annum respectively. EPS is expected to grow by 26.4% per annum. Return on equity is forecast to be 13.3% in 3 years.

Key information

23.4%

Earnings growth rate

26.4%

EPS growth rate

Insurance earnings growth9.3%
Revenue growth rate7.8%
Future return on equity13.3%
Analyst coverage

Good

Last updated16 Dec 2024

Recent future growth updates

Recent updates

Max Financial Services Limited (NSE:MFSL) Screens Well But There Might Be A Catch

Jul 29
Max Financial Services Limited (NSE:MFSL) Screens Well But There Might Be A Catch

Not Many Are Piling Into Max Financial Services Limited (NSE:MFSL) Just Yet

Apr 01
Not Many Are Piling Into Max Financial Services Limited (NSE:MFSL) Just Yet

Max Financial Services Limited's (NSE:MFSL) Business Is Trailing The Market But Its Shares Aren't

Dec 21
Max Financial Services Limited's (NSE:MFSL) Business Is Trailing The Market But Its Shares Aren't

We Ran A Stock Scan For Earnings Growth And Max Financial Services (NSE:MFSL) Passed With Ease

Nov 09
We Ran A Stock Scan For Earnings Growth And Max Financial Services (NSE:MFSL) Passed With Ease

Is Now The Time To Put Max Financial Services (NSE:MFSL) On Your Watchlist?

Jul 14
Is Now The Time To Put Max Financial Services (NSE:MFSL) On Your Watchlist?

Some Analysts Just Cut Their Max Financial Services Limited (NSE:MFSL) Estimates

Aug 03
Some Analysts Just Cut Their Max Financial Services Limited (NSE:MFSL) Estimates

I Ran A Stock Scan For Earnings Growth And Max Financial Services (NSE:MFSL) Passed With Ease

Jun 10
I Ran A Stock Scan For Earnings Growth And Max Financial Services (NSE:MFSL) Passed With Ease

What Kind Of Shareholders Hold The Majority In Max Financial Services Limited's (NSE:MFSL) Shares?

Mar 17
What Kind Of Shareholders Hold The Majority In Max Financial Services Limited's (NSE:MFSL) Shares?

MD & Director Mohit Talwar Just Sold A Bunch Of Shares In Max Financial Services Limited (NSE:MFSL)

Dec 26
MD & Director Mohit Talwar Just Sold A Bunch Of Shares In Max Financial Services Limited (NSE:MFSL)

Update: Max Financial Services (NSE:MFSL) Stock Gained 30% In The Last Five Years

Dec 06
Update: Max Financial Services (NSE:MFSL) Stock Gained 30% In The Last Five Years

Earnings and Revenue Growth Forecasts

NSEI:MFSL - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2027600,7757,319N/AN/A9
3/31/2026521,8556,244N/AN/A9
3/31/2025455,2555,097N/AN/A9
9/30/2024524,3703,44441,19843,333N/A
6/30/2024492,5003,797N/AN/AN/A
3/31/2024466,1943,40158,84061,069N/A
12/31/2023416,4694,300N/AN/AN/A
9/30/2023381,8605,06477,70879,741N/A
6/30/2023373,1954,098N/AN/AN/A
3/31/2023314,2393,78597,48499,223N/A
12/31/2022304,5764,503N/AN/AN/A
9/30/2022285,1403,00298,42899,881N/A
6/30/2022285,1882,885N/AN/AN/A
3/31/2022311,8602,53483,67984,959N/A
12/31/2021320,1181,980N/AN/AN/A
9/30/2021340,4732,99073,09674,031N/A
6/30/2021317,1383,157N/AN/AN/A
3/31/2021313,1424,25468,09368,922N/A
12/31/2020257,3763,270N/AN/AN/A
9/30/2020221,1302,56473,92875,599N/A
6/30/2020198,1032,421N/AN/AN/A
3/31/2020182,1031,45053,28754,517N/A
12/31/2019211,2473,121N/AN/AN/A
9/30/2019202,6202,46181,30982,314N/A
6/30/2019198,9322,866N/AN/AN/A
3/31/2019195,1262,62687,25688,261N/A
3/31/2018163,3782,864N/A75,336N/A
3/31/2017152,3733,954N/A65,257N/A
3/31/2016106,8322,527N/A38,021N/A
3/31/2015148,3382,796N/A25,794N/A
3/31/2014116,6961,384N/A21,602N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MFSL's forecast earnings growth (23.4% per year) is above the savings rate (6.7%).

Earnings vs Market: MFSL's earnings (23.4% per year) are forecast to grow faster than the Indian market (18.1% per year).

High Growth Earnings: MFSL's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MFSL's revenue (7.8% per year) is forecast to grow slower than the Indian market (10.5% per year).

High Growth Revenue: MFSL's revenue (7.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MFSL's Return on Equity is forecast to be low in 3 years time (13.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 20:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Max Financial Services Limited is covered by 39 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Supratim DattaAmbit Capital
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited