Max Financial Services Limited

NSEI:MFSL Stock Report

Market Cap: ₹551.4b

Max Financial Services Ownership

Who are the major shareholders and have insiders been buying or selling?


Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of MFSL?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders430,5060.125%
State or Government850,3910.248%
Employee Share Scheme1,873,8740.546%
Private Companies9,488,1732.76%
General Public51,635,60315%
Public Companies75,458,08822%
Institutions203,709,97959.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 75.03% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
22%
MS&AD Insurance Group Holdings, Inc.
75,458,088₹121.1b0%12.27%
9.06%
HDFC Asset Management Company Limited
31,123,534₹50.0b0%0.91%
5.99%
Nippon Life India Asset Management Limited
20,561,276₹33.0b0%0.73%
3.84%
ICICI Prudential Asset Management Company Limited
13,181,574₹21.2b-35.2%0.31%
3.11%
The Vanguard Group, Inc.
10,687,701₹17.2b0.82%no data
2.93%
Aditya Birla Sun Life AMC Limited
10,076,917₹16.2b0%0.8%
2.38%
DSP BlackRock Investment Managers Pvt. Ltd.
8,166,180₹13.1b0%0.94%
2.37%
WFM Asia (BVI) Limited
8,149,006₹13.1b0%7.49%
2.36%
Kotak Mahindra Asset Management Company Limited
8,106,217₹13.0b0%0.37%
2.33%
HDFC Life Insurance Company Limited
8,006,136₹12.9b0%1.67%
1.93%
Capital Research and Management Company
6,638,082₹10.7b0%no data
1.63%
Max Ventures Investment Holdings Private Limited
5,595,923₹9.0b0%no data
1.44%
BlackRock, Inc.
4,961,776₹8.0b1.59%no data
1.34%
Kotak Mahindra Asset Management (Singapore) Pte. Ltd.
4,585,812₹7.4b0%1.87%
1.26%
Mirae Asset Global Investments Co., Ltd.
4,327,255₹6.9b0%0.06%
1.25%
Franklin Resources, Inc.
4,284,682₹6.9b0%0.02%
1.2%
Tata AIA Life Insurance Company Limited
4,125,983₹6.6b0%3.63%
1.18%
SBI Life Insurance Company Limited
4,052,333₹6.5b0%0.86%
1.15%
Pictet Asset Management Limited
3,952,773₹6.3b0%0.05%
1.13%
New York Life Insurance Company
3,892,250₹6.2b0%27.32%
1.09%
Canara Robeco Asset Management Company Limited
3,735,176₹6.0b0%0.57%
1.08%
UTI Asset Management Company Limited
3,699,594₹5.9b0%0.2%
1.04%
Kuwait Investment Authority
3,555,985₹5.7b0%0.2%
1.02%
Invesco Ltd.
3,500,030₹5.6b0%0.02%
0.95%
Polar Capital Holdings Plc
3,276,713₹5.3b-0.08%0.17%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/07 11:35
End of Day Share Price 2025/10/07 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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.

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 Github.

Analyst Sources

Max Financial Services Limited is covered by 49 analysts. 13 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