Max Financial Services Limited
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
Max Financial Services Limited (MFSL) - Total Assets
Latest total assets as of September 2025: ₹1.97 Trillion INR
Based on the latest financial reports, Max Financial Services Limited (MFSL) holds total assets worth ₹1.97 Trillion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Max Financial Services Limited - Total Assets Trend (2004–2025)
This chart illustrates how Max Financial Services Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Max Financial Services Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Max Financial Services Limited's total assets of ₹1.97 Trillion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹1.00 Billion | 0.8% |
| Accounts Receivable | ₹21.96 Billion | 1.2% |
| Inventory | ₹0.00 | 0.0% |
| Property, Plant & Equipment | ₹5.11 Billion | 0.3% |
| Intangible Assets | ₹3.51 Billion | 0.2% |
| Goodwill | ₹5.25 Billion | 0.3% |
Asset Composition Trend (2004–2025)
This chart illustrates how Max Financial Services Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Max Financial Services Limited's current assets represent 0.0% of total assets in 2025, a decrease from 44.8% in 2004.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2025, down from 4.0% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 9.0% in 2004.
- Asset Diversification: The largest asset category is accounts receivable at 1.2% of total assets.
Max Financial Services Limited Competitors by Total Assets
Key competitors of Max Financial Services Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hubei Biocause Pharmaceutical
SHE:000627
|
China | CN¥285.15 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
China | CN¥174.30 Billion |
|
Samsung Life
KO:032830
|
Korea | ₩350.69 Trillion |
|
Tongyang Life
KO:082640
|
Korea | ₩35.69 Trillion |
|
Mirae Asset Life Insurance Co Ltd
KO:085620
|
Korea | ₩33.22 Trillion |
|
Hanwha Life
KO:088350
|
Korea | ₩168.94 Trillion |
|
Manulife Holdings Bhd
KLSE:1058
|
Malaysia | RM8.08 Billion |
|
Mercuries Life Insurance Co Ltd
TW:2867
|
Taiwan | NT$1.60 Trillion |
Max Financial Services Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Max Financial Services Limited generates 0.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Max Financial Services Limited generates $ 0.17 in net profit.
Max Financial Services Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 4.80 | 1.15 | 0.51 |
| Quick Ratio | 4.80 | 1.15 | 0.51 |
| Cash Ratio | 1.13 | 0.38 | 0.00 |
| Working Capital | ₹19.25 Billion | ₹ 1.99 Billion | ₹ -4.11 Billion |
Max Financial Services Limited - Advanced Valuation Insights
This section examines the relationship between Max Financial Services Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 11.11 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 16.7% |
| Total Assets | ₹1.90 Trillion |
| Market Capitalization | $4.92 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Max Financial Services Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Max Financial Services Limited's assets grew by 16.7% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Max Financial Services Limited (2004–2025)
The table below shows the annual total assets of Max Financial Services Limited from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.90 Trillion | +16.73% |
| 2024-03-31 | ₹1.63 Trillion | +23.48% |
| 2023-03-31 | ₹1.32 Trillion | +11.95% |
| 2022-03-31 | ₹1.18 Trillion | +19.99% |
| 2021-03-31 | ₹981.32 Billion | +31.67% |
| 2020-03-31 | ₹745.26 Billion | +10.88% |
| 2019-03-31 | ₹672.11 Billion | +21.58% |
| 2018-03-31 | ₹552.82 Billion | +18.28% |
| 2017-03-31 | ₹467.39 Billion | +22.53% |
| 2016-03-31 | ₹381.46 Billion | +7.45% |
| 2015-03-31 | ₹355.03 Billion | +21.93% |
| 2014-03-31 | ₹291.17 Billion | +17.51% |
| 2013-03-31 | ₹247.78 Billion | +19.26% |
| 2012-03-31 | ₹207.76 Billion | +22.66% |
| 2011-03-31 | ₹169.38 Billion | +27.66% |
| 2010-03-31 | ₹132.68 Billion | +67.19% |
| 2009-03-31 | ₹79.36 Billion | +22.88% |
| 2008-03-31 | ₹64.59 Billion | +98.50% |
| 2007-03-31 | ₹32.54 Billion | +51.30% |
| 2006-03-31 | ₹21.51 Billion | +53.29% |
| 2005-03-31 | ₹14.03 Billion | +130.20% |
| 2004-03-31 | ₹6.09 Billion | -- |