Max India
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Max India share price

Max India Ltd.

NSE: MAXIND BSE: 543223 SECTOR: Finance - Investment  31k   111   16

235.15
+5.30 (2.31%)
BSE: 25 Apr 04:01 PM

Price Summary

Today's High

₹ 237.95

Today's Low

₹ 226.45

52 Week High

₹ 245.65

52 Week Low

₹ 89.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 1015.16 Cr.

Advances

₹ 0 Cr.

No. of Shares

4.32 Cr.

P/E

98.18

P/B

1.17

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  201.73

Operating Revenue

₹ 32.54 Cr.

Net Profit

₹ 12.16 Cr.

Promoter Holding

50.94 %

EPS (TTM)

₹  2.4

Sales Growth

-0.22

ROE

1.36 %

ROCE

1.29%

Profit Growth

93.42 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year-0.22%
3 Year-23.83%
5 YearNA

Profit Growth

1 Year93.42%
3 Year28.03%
5 YearNA

ROE%

1 Year1.36%
3 Year0.99%

ROCE %

1 Year1.29%
3 Year0.62%

ROA%

1.33973030034029

PEG Ratio

0.69

PAT Margin (%)

37.3827438252253

EPS Growth(%)

141.775724916603

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 50.94 0
Dec 2023 50.94 0
Sep 2023 50.94 0
Jun 2023 51.11 0
Mar 2023 51.11 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 0.411546783786094 times the book value
  • Promoters shareholding is 50.94%.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of 0.990271426155213%.
  • The company a poor ROCE track record of 0.619161133624528% since last 3 years.
  • The company has delivered poor profit growth of -23.8254508093959% over past 3 years
  • The company has delivered poor Operating Income growth of -23.8254508093959% over past 3 years.
  • Provision and contingencies have increased by 31.036724081898%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Operating Revenue 7.86 8.41 8.25 7.68 7.58
Other Income 0.1 0.19 0.79 0.05 0.17
Interest Expended 0.07 0.08 0.07 0.05 0.26
Operating Expenses 5.64 6.68 6.7 5.83 6.71
Total Provisions 4.5 0 0 0 7.28
Depreciation 0.58 0.59 0.61 0.6 0.75
Profit Before Tax -2.83 1.25 1.66 1.25 -7.25
Tax -2.1 0.38 0.35 0.45 -0.05
Net Profit 8.27 0.87 1.31 0.8 7.36
Adjusted EPS (RS) 1.92 0.2 0.3 0.19 1.7

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023
Operating Income 73.61 33.66 32.61 32.54
Other Income 0.69 5.54 1.25 0.5
Interest 0.05 0.16 0.16 0.24
Operating Expenses 57.41 28.45 25.76 25.59
Total Provisions 24 0.18 0.31 0.39
Exceptional Items -113.01 -13.03 0 4.5
Profit Before Tax -120.17 -2.62 7.62 11.32
Tax 3.09 -11.27 1.33 -0.85
Profit After Tax -123.26 8.65 6.29 12.16
Adjusted EPS (Rs.) -22.92 1.61 1.17 2.83

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 53.79 53.79 53.79 43.03
Total Reserves 865.38 874.23 881.81 814.78
Borrowings 0 0 0 0
Other N/C liabilities 5.96 6.78 4.88 3.24
Current liabilities 6.66 4.03 6.88 7.3
Total Liabilities 931.79 938.83 947.35 868.34
Assets
Loans 0 0 0 0
Net Block 93.81 97.82 29.89 31.08
Capital WIP 0 0 0 0
Intangible WIP 0 0 0 0
Investments 344.61 385.02 431.49 469.43
Other Loans 27.66 35.58 5.92 0.63
Other N/C Assets 4.01 6.7 74.28 75.4
Current Assets 461.7 413.71 405.78 291.81
Total Assets 931.79 938.83 947.35 868.34
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 51.11 51.11 50.94 50.94 50.94
analjit singh 2.78 2.78 2.02 2.02 2.02
max ventures investment h... 41.95 41.95 41.81 41.81 41.81
neelu analjit singh 0.05 0.05 0.05 0.05 0.05
piya singh 0.05 0.05 0.05 0.05 0.05
siva enterprises private ... 6.24 6.24 6.97 6.97 6.97
tara singh vachani 0.05 0.05 0.05 0.05 0.05
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 48.89 48.89 49.06 49.06 49.06
cassini partners, l.p. ma... 2.85 2.85 2.84 2.84 2.84
habrok india master lp 2.85 2.85 2.84 2.84 2.84
nivedita ritesh oswal - 1.08 1.16 1.16 1.16
nomura singapore limited ... 1.49 1.49 1.48 1.48 1.48
porinju veliyath 1.05 1.05 1.04 1.04 1.04
tvf fund ltd 2.47 2.47 2.46 2.46 1.67
value prolific consulting... - - 1.00 1.00 1.00
krishnamurthy narayanan i... 1.20 1.14 1.02 - -

Annual Reports

Ratings & Research Reports

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Company Presentations

Company News

Max India informs about certificate 5 Apr 2024, 4:55PM Max India’s arm inks MoU with IIT Delhi for senior specific offerings13 Mar 2024, 4:51PM Max India submits notice of postal ballot28 Feb 2024, 5:34PM Max India informs about investor presentation27 Feb 2024, 1:11PM Max India - Quaterly Results8 Feb 2024, 6:44PM Max India - Quaterly Results8 Feb 2024, 6:44PM Max India informs about investor presentation4 Dec 2023, 1:00PM Max India informs about newspaper advertisement2 Dec 2023, 3:16PM Max India informs about press release28 Oct 2023, 3:48PM Max India - Quaterly Results26 Oct 2023, 6:13PM Max India - Quaterly Results26 Oct 2023, 6:13PM Max India informs about investor presentation 13 Sep 2023, 9:58AM Max India’s arm launches new service line ‘AGEasy by Antara’22 Aug 2023, 11:41AM Max India - Quaterly Results11 Aug 2023, 3:45PM Max India - Quaterly Results11 Aug 2023, 3:45PM Max India informs about investor presentation14 Jun 2023, 5:08PM Max India informs about analyst meet intimation14 Jun 2023, 4:52PM Max India - Quaterly Results25 May 2023, 5:31PM Max India - Quaterly Results25 May 2023, 5:31PM Max India informs about updates on key business metrics of company22 Apr 2023, 12:47PM Max India - Quaterly Results2 Feb 2023, 2:58PM Max India - Quaterly Results2 Feb 2023, 2:58PM Max India - Quaterly Results2 Feb 2023, 2:58PM Max India informs about analyst meeting13 Dec 2022, 5:11PM Max India informs about board meeting 27 Oct 2022, 5:05PM Max India informs about analyst meet4 Oct 2022, 5:11PM Max India informs about results of postal ballot 19 Aug 2022, 5:11PM Max India informs about newspaper publication8 Aug 2022, 1:57PM Max India - Quaterly Results4 Aug 2022, 6:41PM Max India - Quaterly Results4 Aug 2022, 6:41PM Max India - Quaterly Results4 Aug 2022, 6:41PM Max India informs about press release2 Aug 2022, 2:24PM Max India informs about annual secretarial compliance report 27 May 2022, 4:58PM Max India informs about newspapers publication27 May 2022, 4:24PM Max India gets nod to invest around Rs 231 crore in wholly owned subsidiary companies26 May 2022, 9:50AM Max India - Quaterly Results25 May 2022, 6:54PM Max India - Quaterly Results25 May 2022, 6:54PM Max India informs about analyst meet4 May 2022, 12:31PM Max India informs about compliance certificate5 Apr 2022, 4:46PM Max India informs about disclosure28 Mar 2022, 9:36AM Max India informs about press release27 Jan 2022, 4:46PM Max India’s consolidated net loss narrows to Rs 6 crore in Q3 27 Jan 2022, 2:05PM Max India’s arm crosses sale of 200 residences for seniors in Noida17 Nov 2021, 3:38PM Max India informs about board meeting28 Oct 2021, 12:32PM Max India informs about proceedings of the 2nd AGM23 Sep 2021, 4:33PM Max India informs about newspaper advertisements2 Sep 2021, 2:55PM Max India informs about conference call11 Aug 2021, 2:37PM Max India informs about voting results of postal ballot notice31 Jul 2021, 9:58AM Max India informs about board meeting29 Jul 2021, 1:44PM Max India reports consolidated net loss at Rs 9.48 crore in Q4 22 Jun 2021, 4:33PM

Max India Stock Price Analysis and Quick Research Report. Is Max India an attractive stock to invest in?

 

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow. Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry. Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

To understand the functions of the Max India better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Max India is Rs 12.1627 Cr and the compounded growth of profit in the past 3 years is 28.0307153330653 %. The PAT margin of Max India is 37.3827438252253 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Max India , the EPS grew by 141.775724916603 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Max India has a poor ROE track record. The ROE of Max India is at 1.35922134800132 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Max India is worth at the current levels at Rs 235.1. Max India is trading at a current P/E ratio of 28.9358239581122 and the average historical P/E for the last 5 years was 0.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Max India is trading at a P/B of 1.1657 . The average historical P/B for the last 5 years was 0. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Max India is Rs 235.1. One can use valuation calculators of ticker to know if Max India share price is undervalued or overvalued.

Last Updated on:
Brief about Max India
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