Max India Limited

NSE: MAXIND BSE: 543223 SECTOR: Financial Services - Finance

168 16(10%)

Volume

Open

287

High

295

Low

282

152

VWAP

52 Week High

242

52 Week Low

120

Viand Research Rating

Quality Score

00/00

Growth Score

00/00

Valuation Score

00/00

Momentum Score

00/00

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

882

No. of Shares

5.25

P/E

-1520.99

P/B

1.21

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

-0.08

ROCE

Profit Growth

Listing Date

28-Aug-20

Promoter Holding

49.89%

FII Holding

7.09%

DII Holding

1.58%

Price Chart

Price Performance

1 Week0

1 Month0

3 Months0

6 Months0

1 Year0

YTD0

Moving Average

5 Day SMA0

10 Day SMA0

20 Day SMA0

30 Day SMA0

50 Day SMA0

61 Day SMA0

80 Day SMA0

200 Day SMA0

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	Div Yld %
1	HDFCBANK	12,11,614	787	2%	1%	22%	19%	16	0	0	0
2	ICICIBANK	9,24,275	1289	3%	3%	7%	11%	16	0	0	0
3	SBIN	8,95,185	970	2%	12%	1%	22%	12	0	0	0
4	BAJFINANCE	5,82,095	935	1%	1%	8%	2%	28	0	0	0
5	LICI	5,34,146	844	6%	6%	4%	2%	9	0	0	0
6	AXISBANK	4,05,648	1304	5%	5%	1%	9%	14	0	0	0
7	KOTAKBANK	3,87,315	389	2%	5%	81%	81%	20	0	0	0
8	BAJAJFINSV	2,89,972	1812	3%	2%	13%	11%	14	0	0	0
9	SHRIRAMFIN	2,26,801	964	3%	6%	11%	44%	19	0	0	0
10	SBILIFE	1,89,349	1888	0%	7%	7%	5%	77	0	0	0
Load More

Shareholding Pattern (%)

	Dec 2025	Sep 2025	Jun 2025	May 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(-0.21) 49.89%	(-0.11) 50.06%	(-0.31) 50.16%	(0.01) 50.45%	(-0.51) 50.45%	(0.01) 50.94%	(0.01) 50.94%	(0.01) 50.94%	(0.01) 50.94%	(0.01) 50.94%	(-0.21) 50.94%	(0.01) 51.11%	(0.01) 51.11%	(0.01) 51.11%	(10.21) 51.11%	(0.01) 40.89%	(0.01) 40.89%	(0.01) 40.89%	(0.01) 40.89%
FIIs	(0.01) 7.09%	(0.01) 7.08%	(0.01) 7.13%	(0.51) 7.14%	(-0.11) 6.63%	(-0.61) 6.77%	(-1.61) 7.41%	(-0.51) 9.01%	(-0.81) 9.54%	(-0.31) 10.32%	(-0.11) 10.59%	(-0.51) 10.71%	(-0.11) 11.26%	(3.81) 11.38%	(1.81) 7.55%	(-0.11) 5.76%	(-0.41) 5.83%	(0.21) 6.21%	(0.01) 6.04%
DIIs	(0.21) 1.58%	(0.51) 1.43%	(0.01) 0.98%	(0.21) 0.95%	(-0.11) 0.80%	(0.11) 0.94%	(0.01) 0.81%	(0.01) 0.81%	(0.11) 0.81%	(0.01) 0.69%	(0.71) 0.69%	(0.01) 0.00%	(0.01) 0.00%	(0.01) 0.00%	(-3.11) 0.00%	(0.01) 3.07%	(0.01) 3.07%	(0.01) 3.07%	(0.01) 3.08%
Public	41.44%	41.45%	41.72%	41.45%	42.11%	41.35%	40.83%	39.23%	38.70%	38.04%	37.77%	38.18%	37.63%	37.51%	41.35%	50.28%	50.21%	49.83%	50.00%
No. of Shareholders	38,508	39,796	40,090	40,711	39,918	40,417	39,886	38,876	40,367	35,888	36,563	36,356	38,697	37,259	31,347	29,163	30,006	31,835	35,639

Quarterly Results

	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	43	45	37	42	35	43	26	45	41	49	41	56	43	58	44	50	42	83	55
Expenses	79	76	65	82	64	64	54	66	58	54	53	55	46	56	45	54	44	80	56
Operating Profit	-36	-31	-28	-41	-30	-21	-28	-21	-17	-5	-12	1	-3	2	-1	-3	-2	3	-1
OPM %	-83	-69	-76	-98	-85	-49	-106	-46	-43	-9	-31	2	-7	4	-3	-7	-5	4	-1
Other Income	4	5	13	4	-8	5	6	5	5	6	6	4	3	3	2	1	1	3	-3
Interest	3	4	4	3	2	2	1	1	1	1	1	2	2	1	2	1	2	3	4
Depreciation	6	6	6	5	5	5	4	3	2	2	2	2	2	2	2	2	2	2	2
Profit before tax	-41	-36	-25	-45	-44	-22	-27	-20	-17	-2	-10	1	-4	2	-2	-5	-5	0	-10
Tax %	3	-5	4	2	0	3	0	6	8	160	19	388	-93	208	83	-71	16	1767	7
Net Profit	-43	-34	-26	-46	-45	-23	-27	-22	-18	-5	-12	-4	0	-2	-4	-2	-6	-1	-10
EPS in Rs	-8.17	-6.52	-4.91	-8.88	-8.68	-4.42	-5.25	-4.2	-3.48	-0.91	-2.38	-0.82	-0.05	-0.34	-0.65	-0.24	-0.89	-0.1	-1.9

Profit and Loss

	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Sales	163	191	212	229	121	211
Expenses	264	229	202	232	150	216
Operating Profit	-101	-38	10	-3	-29	-5
OPM %	-62	-20	5	-1	-24	-2
Other Income	-10	4	1	2	0	277
Interest	8	5	6	10	24	27
Depreciation	19	10	8	7	10	8
Profit before tax	-139	-49	-3	-18	-64	237
Tax %	1	15	245	-11	-17	2
Net Profit	-140	-56	-10	-16	-53	232
EPS in Rs	-27.05	-10.97	-2.03	-2.52	-8.3	29706
Dividend Payout %	0	0	0	0	0	0

Cash Flows

	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Cash from Operating Activity	-128	-102	69	66	73	-19
Cash from Investing Activity	47	159	124	18	13	-526
Cash from Financing Activity	-13	-29	-119	-94	-73	557
Net Cash Flow	-93	27	75	-10	12	12

Balance Sheet

	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Equity Capital	52	44	43	43	43	54	54	54
Reserves	415	315	402	449	499	588	599	652
Borrowings	204	102	59	44	45	61	145	182
Other Liabilities	167	172	154	148	166	156	198	136
Total Liabilities	838	633	658	684	753	858	996	1024
Fixed Assets	166	170	218	193	159	159	156	144
CWIP	32	21	11	10	0	0	0	1
Investments	59	53	50	63	83	178	334	414
Other Assets	581	389	379	418	511	522	506	465
Total Assets	838	633	658	684	753	858	996	1024

Delivery

#	Date	120 52% 182	Value (Cr)	Q/T 46	Del 42	Del 1
1	27-May	173	13	63	16	2
2	26-May	152	1	30	60	0
3	25-May	155	1	22	58	0
4	22-May	155	0	23	46	0
5	21-May	158	1	17	52	0
6	20-May	155	0	16	43	0
7	19-May	157	0	22	55	0
8	18-May	158	0	26	48	0
9	15-May	162	0	29	41	0
10	14-May	164	0	32	42	0
11	13-May	167	0	14	32	0
12	12-May	168	1	24	61	0
13	11-May	175	1	55	55	0
14	8-May	180	1	62	54	1
15	7-May	173	2	38	41	1
16	6-May	163	0	51	61	0
17	5-May	162	1	30	53	0
18	4-May	157	0	31	50	0
19	30-Apr	155	0	30	50	0
20	29-Apr	156	0	30	51	0
21	28-Apr	161	1	40	40	1
22	27-Apr	157	0	26	50	0
23	24-Apr	155	1	45	49	0
24	23-Apr	156	0	55	62	0
25	22-Apr	156	1	52	58	0
26	21-Apr	154	1	55	58	0
27	20-Apr	150	1	59	56	1
28	17-Apr	155	2	78	65	1
29	16-Apr	153	1	32	59	0
30	15-Apr	153	1	49	50	0
31	13-Apr	152	1	48	42	0
32	10-Apr	155	0	42	63	0
33	9-Apr	149	1	54	42	0
34	8-Apr	153	1	62	60	0
35	7-Apr	145	1	49	48	0
36	6-Apr	144	2	69	49	1
37	2-Apr	144	0	44	34	0
38	1-Apr	141	1	50	37	0
39	30-Mar	123	1	47	51	1
40	27-Mar	131	1	47	64	1
41	25-Mar	139	1	51	69	1
42	24-Mar	138	1	42	62	1
43	23-Mar	138	1	47	68	1
44	20-Mar	145	1	44	58	0

Daily Market Cap

Date	Total Market Cap	Change	Chg %
28-May	882c	30c	3.26
27-May	912c	97c	11.85
26-May	816c	6c	0.69
25-May	810c	20c	2.36
22-May	830c	26L	0.03
21-May	830c	19c	2.35
20-May	811c	18c	2.19
19-May	829c	100L	0.12
18-May	828c	27c	3.16
15-May	855c	9c	1.00
14-May	864c	53L	0.06
13-May	864c	3c	0.29
12-May	867c	45c	4.91
11-May	911c	2c	0.23
07-May	913c	66c	7.74
06-May	848c	10c	1.13
05-May	857c	33c	4.05
04-May	824c	3c	0.38
30-Apr	821c	79L	0.10
29-Apr	822c	8c	0.98
28-Apr	830c	1c	0.13
24-Apr	831c	21c	2.53
23-Apr	810c	4c	0.48
22-Apr	814c	58L	0.07
21-Apr	814c	3c	0.35
20-Apr	817c	13c	1.67
17-Apr	803c	1c	0.16
16-Apr	802c	10c	1.18
15-Apr	812c	0	0

Stock Checklist

Price is below from 52 week high low average: 21%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: NO

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

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