Max Financial Services Limited

NSEI:MFSL Stock Report

Market Cap: ₹381.1b

Max Financial Services Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Venkatraman Krishnan

Chief executive officer

₹18.2m

Total compensation

CEO salary percentage78.5%
CEO tenure1.4yrs
CEO ownershipn/a
Management average tenure3.4yrs
Board average tenure5.8yrs

Recent management 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

CEO Compensation Analysis

How has Venkatraman Krishnan's remuneration changed compared to Max Financial Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹3b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹18m₹14m

₹3b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹14mn/a

₹4b

Dec 31 2022n/an/a

₹5b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹23mn/a

₹3b

Dec 31 2021n/an/a

₹2b

Sep 30 2021n/an/a

₹3b

Jun 30 2021n/an/a

₹3b

Mar 31 2021₹13mn/a

₹4b

Dec 31 2020n/an/a

₹3b

Sep 30 2020n/an/a

₹3b

Jun 30 2020n/an/a

₹2b

Mar 31 2020₹13m₹10m

₹1b

Compensation vs Market: Venkatraman's total compensation ($USD214.05K) is below average for companies of similar size in the Indian market ($USD589.28K).

Compensation vs Earnings: Venkatraman's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Venkatraman Krishnan (60 yo)

1.4yrs

Tenure

₹18,186,399

Compensation

Mr. Venkatraman Krishnan is Manager of Axis Max Life Insurance Limited (formerly known as Max Financial Services Limited) since July 01, 2023. He has been the Managing Director of Max Ateev Limited, a sub...

Leadership Team

NamePositionTenureCompensationOwnership
Analjit Singh
Founder & Non-Executive Chairman6.4yrs₹600.00k0.093%
₹ 355.3m
Venkatraman Krishnan
Manager1.4yrs₹18.19mno data
Amrit Singh
Chief Financial Officer2.6yrs₹1.80mno data
Piyush Soni
Company Secretary & Compliance Officer1.4yrs₹2.40mno data
Ramachandra Pai
Manager of Administration29.3yrsno datano data
Jasrita Dhir
Deputy Director of Brands & Communications3.4yrsno datano data
Simardeep Kaur
General Manager of Human Capital4.2yrsno datano data
Mohini Singh
Chief Executive of Max India Foundationno datano datano data
Tara Vachani
Chief Executive Officer of Antara Senior Livingno datano data0.029%
₹ 110.9m
Vandana Trehan
Executive Assistant to Executive President13.3yrsno datano data
Jyoti Sethi
Secretary & Executive Assistantno datano datano data

3.4yrs

Average Tenure

49yo

Average Age

Experienced Management: MFSL's management team is considered experienced (3.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Analjit Singh
Founder & Non-Executive Chairman6.4yrs₹600.00k0.093%
₹ 355.3m
Kummamuri Murthy
Independent Non-Executive Director3.8yrs₹1.00mno data
Jai Arya
Independent Director6.1yrs₹1.10mno data
Malini Thadani
Independent Directorno datano datano data
Dinesh Mittal
Independent Director9.9yrs₹1.40mno data
Hideaki Nomura
Non-Executive Director4yrsno datano data
Sahil Vachani
Non-Executive Director6.6yrs₹600.00kno data
Charles Vernon Stagg
Independent Director5.8yrs₹800.00kno data
Mitsuru Yasuda
Non-Executive Director4yrsno datano data

5.8yrs

Average Tenure

67yo

Average Age

Experienced Board: MFSL's board of directors are considered experienced (5.8 years average tenure).

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