Max Financial Services Limited Total Liabilities

Latest as of March 2026: Rs1.93 Trillion INR ≈ $20.82 Billion USD

Max Financial Services Limited total liabilities. Based on the latest financial reports, Max Financial Services Limited (MFSL) has total liabilities worth Rs1.93 Trillion INR (≈ $20.82 Billion USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check Max Financial Services Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Total Liabilities of Max Financial Services Limited (2004–2026)

Total liabilities of Max Financial Services Limited from 2004 to 2026. This chart illustrates how Max Financial Services Limited's total liabilities have evolved over time, based on quarterly financial data. Explore Max Financial Services Limited strategic investment ratio to see how much of total assets are deployed in long-term investments.

Max Financial Services Limited Competitors by Total Liabilities

The table below lists competitors of Max Financial Services Limited ranked by their total liabilities.

Company	Country	Total Liabilities
Indorama Ventures PCL BK:IVL	Thailand	฿394.53 Billion
Wintime Energy Co Ltd SHG:600157	China	CN¥56.37 Billion
Schibsted ASA B OL:SCHB	Norway	Nkr7.39 Billion
Wix.Com Ltd NASDAQ:WIX	USA	$2.98 Billion
BRITISH LAND ADR/1 LS-25 F:BLDA	Germany	€3.17 Billion
Itron Inc NASDAQ:ITRI	USA	$2.36 Billion
Kaori Heat Treatment Co Ltd TW:8996	Taiwan	NT$3.25 Billion
HYBE Co. Ltd KO:352820	Korea	₩2.16 Trillion

Liability Composition Analysis (2004–2026)

This chart breaks down Max Financial Services Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see how large is Max Financial Services Limited's balance sheet.

Liquidity & Leverage Metrics

Max Financial Services Limited Total Liabilities Ratios Explained

Max Financial Services Limited total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

Metric	Value	Description
Current Ratio	N/A	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	36.45	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.97	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Max Financial Services Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Max Financial Services Limited (2004–2026)

The table below shows the annual total liabilities of Max Financial Services Limited from 2004 to 2026.

Year	Total Liabilities	Change
2026-03-31	Rs1.93 Trillion ≈ $20.82 Billion	+4.86%
2025-03-31	Rs1.84 Trillion ≈ $19.86 Billion	+15.90%
2024-03-31	Rs1.58 Trillion ≈ $17.13 Billion	+23.89%
2023-03-31	Rs1.28 Trillion ≈ $13.83 Billion	+12.88%
2022-03-31	Rs1.13 Trillion ≈ $12.25 Billion	+19.82%
2021-03-31	Rs945.27 Billion ≈ $10.22 Billion	+31.82%
2020-03-31	Rs717.07 Billion ≈ $7.75 Billion	+11.39%
2019-03-31	Rs643.78 Billion ≈ $6.96 Billion	+24.04%
2018-03-31	Rs518.99 Billion ≈ $5.61 Billion	+18.88%
2017-03-31	Rs436.56 Billion ≈ $4.72 Billion	+23.05%
2016-03-31	Rs354.79 Billion ≈ $3.84 Billion	+12.33%
2015-03-31	Rs315.84 Billion ≈ $3.42 Billion	+25.10%
2014-03-31	Rs252.47 Billion ≈ $2.73 Billion	+20.14%
2013-03-31	Rs210.15 Billion ≈ $2.27 Billion	+20.58%
2012-03-31	Rs174.29 Billion ≈ $1.88 Billion	+16.96%
2011-03-31	Rs149.02 Billion ≈ $1.61 Billion	+34.23%
2010-03-31	Rs111.01 Billion ≈ $1.20 Billion	+82.19%
2009-03-31	Rs60.93 Billion ≈ $658.97 Million	+35.64%
2008-03-31	Rs44.92 Billion ≈ $485.81 Million	+77.40%
2007-03-31	Rs25.32 Billion ≈ $273.85 Million	+79.54%
2006-03-31	Rs14.10 Billion ≈ $152.53 Million	+41.30%
2005-03-31	Rs9.98 Billion ≈ $107.95 Million	+226.32%
2004-03-31	Rs3.06 Billion ≈ $33.08 Million	--

About Max Financial Services Limited

NSE:MFSL India Insurance - Life

Market Cap

$4.37 Billion

Rs404.13 Billion INR

Market Cap Rank

#3788 Global

#167 in India

Share Price

Rs1176.70

Change (1 day)

-1.94%

52-Week Range

Rs1176.70 - Rs1870.00

All Time High

Rs1870.00