Max India Limited Share Price & Analysis
₹155.01▼ -0.41%Updated 1 May 2026, 11:31 am IST
LTP
₹155.01
-0.41%
Open
₹—
High
₹158.23
Low
₹153.61
Close
₹155.01
52W High
₹242
52W Low
₹120
Volume
19K
Lot Size
1
Sector
Financial Services
Market Cap
₹813 Cr
Face Value
₹10
Small Cap
Price Chart
Fundamentals
P/E
—
Sector P/E
52
P/B
1.74
EPS
₹-28.48
ROE
-30%
ROCE
-23.6%
D/E Ratio
0.44
Div Yield
0%
Book Value
₹89.1
+
Strengths
- ✓Low debt relative to equity (D/E 0.4x)
−
Concerns
- ✗Currently loss-making (EPS ₹-28.5)
- ✗Negative return on equity (ROE -30%)
- ✗Negative return on capital (ROCE -23.6%)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HDFCBANK HDFC Bank Limited | ₹772 | ₹12.1L Cr | 15.9 | 2.04 | 13.8 | 7.04 | — |
| SBIN State Bank of India | ₹1,068 | ₹10.2L Cr | 12.5 | 1.67 | 17.2 | 6.47 | — |
| ICICIBANK ICICI Bank Limited | ₹1,263 | ₹9.5L Cr | 17.5 | 2.51 | 16.1 | 7.2 | — |
| BAJFINANCE Bajaj Finance Limited | ₹937 | ₹5.7L Cr | 31.5 | 5.64 | 19.2 | 11.4 | — |
| LICI Life Insurance Corporation Of India | ₹798 | ₹5.1L Cr | 9.67 | 3.56 | 45.7 | 53.1 | 0 |
| AXISBANK Axis Bank Limited | ₹1,268 | ₹4.2L Cr | 16.1 | 1.85 | 13.2 | 6.24 | — |
| KOTAKBANK Kotak Mahindra Bank Limited | ₹383 | ₹3.7L Cr | 19.6 | 2.27 | 15.4 | 8.17 | — |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MAXIND · as of Mar 2026
Promoters50.45%▼0.49
FII6.63%▼0.14
DII0.80%▼0.14
Public42.11%▲0.76
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 50.94% | 50.94% | 50.94% | 50.94% | 50.94% | 50.45% |
| FII | 10.32% | 9.54% | 9.01% | 7.41% | 6.77% | 6.63% |
| DII | 0.69% | 0.81% | 0.81% | 0.81% | 0.94% | 0.80% |
| Public | 38.04% | 38.70% | 39.23% | 40.83% | 41.35% | 42.11% |
Corporate Events
Rights 19:100 @ Premium Rs 140/-
Rights28 Apr 2025
Annual General Meeting
AGM12 Sept 2024
Annual General Meeting
AGM13 Aug 2023
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹43 Cr ▼4.4% | ₹45 Cr ▲21.6% | ₹37 Cr ▼11.9% | ₹42 Cr ▲20.0% | ₹35 Cr ▼18.6% | ₹43 Cr ▲65.4% | ₹26 Cr ▼42.2% | ₹45 Cr |
| Op. Profit | ₹-36 Cr ▼16.1% | ₹-31 Cr ▼10.7% | ₹-28 Cr ▲31.7% | ₹-41 Cr ▼36.7% | ₹-30 Cr ▼42.9% | ₹-21 Cr ▲25.0% | ₹-28 Cr ▼33.3% | ₹-21 Cr |
| OPM | -83.0% ▼20.3% | -69.0% ▲9.2% | -76.0% ▲22.4% | -98.0% ▼15.3% | -85.0% ▼73.5% | -49.0% ▲53.8% | -106.0% ▼130.4% | -46.0% |
| Net Profit | ₹-43 Cr ▼26.5% | ₹-34 Cr ▼30.8% | ₹-26 Cr ▲43.5% | ₹-46 Cr ▼2.2% | ₹-45 Cr ▼95.7% | ₹-23 Cr ▲14.8% | ₹-27 Cr ▼22.7% | ₹-22 Cr |
| EPS (₹) | -8.17 ▼25.3% | -6.52 ▼32.8% | -4.91 ▲44.7% | -8.88 ▼2.3% | -8.68 ▼96.4% | -4.42 ▲15.8% | -5.25 ▼25.0% | -4.2 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
| Revenue | ₹163 Cr ▼14.7% | ₹191 Cr ▼9.9% | ₹212 Cr ▼9.0% | ₹233 Cr ▲82.0% | ₹128 Cr ▼39.9% | ₹213 Cr |
| Expenses | ₹264 Cr ▲15.3% | ₹229 Cr ▲13.4% | ₹202 Cr ▼13.3% | ₹233 Cr ▲55.3% | ₹150 Cr ▼43.6% | ₹266 Cr |
| Op. Profit | ₹-101 Cr ▼165.8% | ₹-38 Cr ▼480.0% | ₹10 Cr ▲900.0% | ₹1 Cr ▲104.5% | ₹-22 Cr ▲58.5% | ₹-53 Cr |
| OPM | -62.0% ▼210.0% | -20.0% ▼500.0% | 5.0% | 0.0% ▲100.0% | -17.0% ▲32.0% | -25.0% |
| Other Income | ₹-10 Cr ▼350.0% | ₹4 Cr ▲300.0% | ₹1 Cr ▲200.0% | ₹-1 Cr ▲85.7% | ₹-7 Cr ▼102.2% | ₹325 Cr |
| Interest | ₹8 Cr ▲60.0% | ₹5 Cr ▼16.7% | ₹6 Cr ▼40.0% | ₹10 Cr ▼58.3% | ₹24 Cr ▼11.1% | ₹27 Cr |
| Depreciation | ₹19 Cr ▲90.0% | ₹10 Cr ▲25.0% | ₹8 Cr ▲14.3% | ₹7 Cr ▼30.0% | ₹10 Cr ▲25.0% | ₹8 Cr |
| PBT | ₹-139 Cr ▼183.7% | ₹-49 Cr ▼1533.3% | ₹-3 Cr ▲83.3% | ₹-18 Cr ▲71.9% | ₹-64 Cr ▼127.0% | ₹237 Cr |
| Tax % | 1.0% ▼93.3% | 15.0% ▼93.9% | 245.0% ▲2327.3% | -11.0% ▲35.3% | -17.0% ▼950.0% | 2.0% |
| Net Profit | ₹-140 Cr ▼150.0% | ₹-56 Cr ▼460.0% | ₹-10 Cr ▲37.5% | ₹-16 Cr ▲69.8% | ₹-53 Cr ▼122.8% | ₹232 Cr |
| EPS (₹) | -27.05 ▼146.6% | -10.97 ▼440.4% | -2.03 ▲19.4% | -2.52 ▲69.6% | -8.3 ▼100.0% | 29,706 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Liabilities | |||||||
| Equity Capital | ₹52 Cr ▲18.2% | ₹44 Cr ▲2.3% | ₹43 Cr ▲0.0% | ₹43 Cr ▼20.4% | ₹54 Cr ▲0.0% | ₹54 Cr ▲0.0% | ₹54 Cr |
| Reserves | ₹415 Cr ▲31.7% | ₹315 Cr ▼29.8% | ₹449 Cr ▼10.0% | ₹499 Cr ▼15.1% | ₹588 Cr ▼1.8% | ₹599 Cr ▼8.1% | ₹652 Cr |
| Borrowings | ₹204 Cr ▲100.0% | ₹102 Cr ▲131.8% | ₹44 Cr ▼2.2% | ₹45 Cr ▼26.2% | ₹61 Cr ▼57.9% | ₹145 Cr ▼20.3% | ₹182 Cr |
| Other Liabilities | ₹167 Cr ▼2.9% | ₹172 Cr ▲16.2% | ₹148 Cr ▼10.8% | ₹166 Cr ▲6.4% | ₹156 Cr ▼21.2% | ₹198 Cr ▲45.6% | ₹136 Cr |
| Total Liabilities | ₹838 Cr ▲32.4% | ₹633 Cr ▼7.5% | ₹684 Cr ▼9.2% | ₹753 Cr ▼12.2% | ₹858 Cr ▼13.9% | ₹996 Cr ▼2.7% | ₹1.0K Cr |
| Assets | |||||||
| Fixed Assets | ₹166 Cr ▼2.4% | ₹170 Cr ▼11.9% | ₹193 Cr ▲21.4% | ₹159 Cr ▲0.0% | ₹159 Cr ▲1.9% | ₹156 Cr ▲8.3% | ₹144 Cr |
| CWIP | ₹32 Cr ▲52.4% | ₹21 Cr ▲110.0% | ₹10 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr ▼100.0% | ₹1 Cr |
| Investments | ₹59 Cr ▲11.3% | ₹53 Cr ▼15.9% | ₹63 Cr ▼24.1% | ₹83 Cr ▼53.4% | ₹178 Cr ▼46.7% | ₹334 Cr ▼19.3% | ₹414 Cr |
| Other Assets | ₹581 Cr ▲49.4% | ₹389 Cr ▼6.9% | ₹418 Cr ▼18.2% | ₹511 Cr ▼2.1% | ₹522 Cr ▲3.2% | ₹506 Cr ▲8.8% | ₹465 Cr |
| Total Assets | ₹838 Cr ▲32.4% | ₹633 Cr ▼7.5% | ₹684 Cr ▼9.2% | ₹753 Cr ▼12.2% | ₹858 Cr ▼13.9% | ₹996 Cr ▼2.7% | ₹1.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
| Operating CF | ₹-128 Cr ▼25.5% | ₹-102 Cr ▼247.8% | ₹69 Cr ▲4.5% | ₹66 Cr ▼9.6% | ₹73 Cr ▲484.2% | ₹-19 Cr |
| Investing CF | ₹47 Cr ▼70.4% | ₹159 Cr ▲28.2% | ₹124 Cr ▲588.9% | ₹18 Cr ▲38.5% | ₹13 Cr ▲102.5% | ₹-526 Cr |
| Financing CF | ₹-13 Cr ▲55.2% | ₹-29 Cr ▲75.6% | ₹-119 Cr ▼26.6% | ₹-94 Cr ▼28.8% | ₹-73 Cr ▼113.1% | ₹557 Cr |
| Net Cash Flow | ₹-93 Cr ▼444.4% | ₹27 Cr ▼64.0% | ₹75 Cr ▲850.0% | ₹-10 Cr ▼183.3% | ₹12 Cr ▲0.0% | ₹12 Cr |
| Free Cash Flow | ₹-163 Cr ▼24.4% | ₹-131 Cr ▼298.5% | ₹66 Cr ▲3.1% | ₹64 Cr ▲4.9% | ₹61 Cr ▲129.2% | ₹-209 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
| Debtor Days | 50d ▲455.6% | 9d ▲80.0% | 5d ▼44.4% | 9d ▼57.1% | 21d ▼12.5% | 24d |
| Inventory Days | 186d ▲389.5% | 38d ▼83.0% | 223d ▼41.9% | 384d ▼94.1% | 6515d ▲287.3% | 1682d |
| Days Payable | 346d ▲133.8% | 148d ▲208.3% | 48d ▲71.4% | 28d ▼95.6% | 631d ▲323.5% | 149d |
| Cash Conv. Cycle | -111d ▼11.0% | -100d ▼155.6% | 180d ▼50.7% | 365d ▼93.8% | 5906d ▲279.3% | 1557d |
| Working Capital Days | -93d ▲6.1% | -99d ▼139.8% | 249d ▼27.2% | 342d ▼41.1% | 581d ▲17.8% | 493d |
| ROCE | -24.0% ▼200.0% | -8.0% ▼900.0% | 1.0% | 0.0% ▲100.0% | -4.0% | — |
Source: Screener.in · Lower days = better efficiency
Related Analysis
Frequently Asked Questions
What is Max India Limited share price today?▾
Max India Limited (MAXIND) is currently trading at ₹155.01 on NSE, down 0.41% as of the last market session. Prices update daily after market close on MarketNetra.
Is Max India Limited available in F&O (Futures & Options)?▾
Yes, Max India Limited (MAXIND) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Max India Limited 52-week high and low?▾
Max India Limited's 52-week high is ₹242 and the 52-week low is ₹120. The current price of ₹155.01 is 35.9% below the 52W high.
What is Max India Limited P/E ratio?▾
Max India Limited's P/E ratio and other fundamental metrics including P/B, ROE, and ROCE are available on the overview page. Data is sourced weekly from Screener.in.
How to trade Max India Limited options?▾
Max India Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade MAXIND options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.