Max Financial Services Limited (NSE:MFSL) — Market Cap & Net Worth

$5.86 Billion USD  · Rs542.30 Billion INR  · Rank #3250

Market Cap & Net Worth: Max Financial Services Limited (MFSL)

Max Financial Services Limited (NSE:MFSL) has a market capitalization of $5.86 Billion (Rs542.30 Billion) as of June 15, 2026. Listed on the NSE stock exchange, this India-based company holds position #3250 globally and #143 in its home market, demonstrating a -0.16% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Max Financial Services Limited's stock price Rs1579.00 by its total outstanding shares 343446614 (343.45 Million). Review Max Financial Services Limited total liabilities to assess the company's total debt and financial obligations.

Max Financial Services Limited Market Cap History: 2015 to 2026

Max Financial Services Limited's market capitalization history from 2015 to 2026. Data shows growth from $1.88 Billion to $5.86 Billion (10.67% CAGR).

Index Memberships

Max Financial Services Limited is a constituent of 6 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
NIFTY MIDCAP 100
NIFMDCP100
$518.73 Billion 1.13% #44 of 100
NIFTY 200
NIFTY200
$2.50 Trillion 0.23% #118 of 200
NIFTY 500
NIFTY500
$3.06 Trillion 0.19% #132 of 500
NIFTY MIDCAP 150
NIFTYMIDCAP150
$696.21 Billion 0.84% #54 of 150
NIFTY MIDSMALLCAP 400
NIFTYMIDSML400
$1.12 Trillion 0.53% #61 of 400
NIFTY TOTAL MARKET
NIFTYTOTALMKT
$3.15 Trillion 0.19% #130 of 750

Weight: Max Financial Services Limited's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Max Financial Services Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Max Financial Services Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.01x

Max Financial Services Limited's market cap is 0.01 times its annual revenue

Industry average: 0.48x Lower than industry average

Latest Price to Earnings (P/E) Ratio

6.98x

Max Financial Services Limited's market cap is 6.98 times its annual earnings

Industry average: 3.59x Higher than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2017 $2.20 Billion $106.92 Billion $3.95 Billion 0.02x 0.56x
2018 $1.66 Billion $163.23 Billion $2.86 Billion 0.01x 0.58x
2019 $1.99 Billion $194.77 Billion $2.63 Billion 0.01x 0.76x
2020 $2.51 Billion $181.32 Billion $1.45 Billion 0.01x 1.73x
2021 $3.64 Billion $312.44 Billion $4.25 Billion 0.01x 0.86x
2022 $2.52 Billion $311.83 Billion $2.53 Billion 0.01x 0.99x
2023 $3.54 Billion $313.28 Billion $3.78 Billion 0.01x 0.94x
2024 $4.14 Billion $464.94 Billion $3.40 Billion 0.01x 1.22x
2025 $6.21 Billion $463.96 Billion $3.27 Billion 0.01x 1.90x
2026 $5.86 Billion $476.96 Billion $839.70 Million 0.01x 6.98x

Competitor Companies of MFSL by Market Capitalization

Companies near Max Financial Services Limited in the global market cap rankings as of June 15, 2026.

Key companies related to Max Financial Services Limited by market ranking:

  • China Life Insurance Co Ltd A (SHG:601628): Ranked #225 globally with a market cap of $109.12 Billion USD ( CN¥745.69 Billion CNY).
  • Ping An Insurance Group Co of China Ltd (SHG:601318): Ranked #306 globally with a market cap of $84.25 Billion USD ( CN¥575.75 Billion CNY).
  • Manulife Financial Corp (TO:MFC): Ranked #411 globally with a market cap of $68.31 Billion USD ( CA$94.43 Billion CAD).
  • Aflac Incorporated (NYSE:AFL): Ranked #459 globally with a market cap of $58.84 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#225 China Life Insurance Co Ltd A SHG:601628 $109.12 Billion CN¥35.81
#306 Ping An Insurance Group Co of China Ltd SHG:601318 $84.25 Billion CN¥54.01
#411 Manulife Financial Corp TO:MFC $68.31 Billion CA$56.32
#459 Aflac Incorporated NYSE:AFL $58.84 Billion $117.80

Max Financial Services Limited Historical Marketcap From 2015 to 2026

Between 2015 and today, Max Financial Services Limited's market cap moved from $1.88 Billion to $ 5.86 Billion, with a yearly change of 10.67%.

Year Market Cap Change (%)
2026 Rs5.86 Billion -5.55%
2025 Rs6.21 Billion +50.09%
2024 Rs4.14 Billion +16.72%
2023 Rs3.54 Billion +40.86%
2022 Rs2.52 Billion -30.89%
2021 Rs3.64 Billion +45.23%
2020 Rs2.51 Billion +26.31%
2019 Rs1.99 Billion +19.83%
2018 Rs1.66 Billion -24.73%
2017 Rs2.20 Billion +7.97%
2016 Rs2.04 Billion +8.38%
2015 Rs1.88 Billion --

End of Day Market Cap According to Different Sources

On Jun 15th, 2026 the market cap of Max Financial Services Limited was reported to be:

Source Market Cap
Yahoo Finance $5.86 Billion USD
MoneyControl $5.86 Billion USD
MarketWatch $5.86 Billion USD
marketcap.company $5.86 Billion USD
Reuters $5.86 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Max Financial Services Limited

NSE:MFSL India Insurance - Life
Market Cap
$5.86 Billion
Rs542.30 Billion INR
Market Cap Rank
#3250 Global
#143 in India
Share Price
Rs1579.00
Change (1 day)
+1.08%
52-Week Range
Rs1464.20 - Rs1870.00
All Time High
Rs1870.00
About

Max Financial Services Limited, through its subsidiary, engages in life insurance business in India. The company operates through Business Investments and Others, and Life Insurance segments. It offers participating and nonparticipating and linked products covering life insurance, pension and health benefits, including riders for individual and group through individual agents, corporate agents, b… Read more