Max Financial Services Ltd Share Price – NSE /  BSE

Miscellaneous, Small Cap

Net loss of Max Financial Services reported to Rs 26.35 crore in the quarter ended March 2026 as against net profit of Rs 31.31 crore during the previous quarter ended March 2025. Sales declined 12.72% to Rs 10801.94 crore in the quarter ended March 2026 as against Rs 12375.76 crore during the previous quarter ended March 2025.

For the full year,net profit declined 74.34% to Rs 83.97 crore in the year ended March 2026 as against Rs 327.21 crore during the previous year ended March 2025. Sales rose 2.59% to Rs 47674.11 crore in the year ended March 2026 as against Rs 46468.91 crore during the previous year ended March 2025.

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Max Financial Services Ltd rose for a third straight session today. The stock is quoting at Rs 1654, up 2.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.99% on the day, quoting at 24011.35. The Sensex is at 77413.31, up 1.02%. Max Financial Services Ltd has dropped around 4.14% in last one month.

Meanwhile, Nifty Financial Services index of which Max Financial Services Ltd is a constituent, has dropped around 0.87% in last one month and is currently quoting at 25685.85, up 1.8% on the day. The volume in the stock stood at 3.99 lakh shares today, compared to the daily average of 10.24 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1654.3, up 2.69% on the day. Max Financial Services Ltd is up 42.18% in last one year as compared to a 5.18% gain in NIFTY and a 6.48% gain in the Nifty Financial Services index.

The PE of the stock is 0 based on TTM earnings ending December 25.

Max Financial Services will hold a meeting of the Board of Directors of the Company on 12 May 2026.

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The board of Max Financial Services at its meeting held 12 March 2026 has approved raising of fund by way of a qualified institutional placement for an amount not exceeding Rs 2,000 crore.  The proposed utilization of fund raise is primarily to meet the funding requirements of its material subsidiary company, viz., Axis Max Life Insurance, for supporting its business growth and expansion plans and balance for general corporate purposes.

The board also approved increase in authorised share capital of the company from Rs 70 crore to Rs 75 crore.

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