| Quarterly Financials | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
Revenue  | 38 | 40 | 451 | 70 | 29 | 31 | 34 | 36 | 58 | 85 | 43 | 52 | 46 | 61 | 46 | 60 | 46 | 55 | 45 | 50 | 33 | 48 | 40 | 46 | 49 | 50 | 50 |
| Expenses | 129 | 59 | 95 | 45 | 41 | 36 | 39 | 42 | 61 | 80 | 44 | 54 | 45 | 56 | 46 | 55 | 53 | 54 | 58 | 66 | 54 | 64 | 77 | 83 | 65 | 76 | 82 |
| EBITDA | -91 | -20 | 356 | 25 | -13 | -6 | -4 | -7 | -3 | 6 | -1 | -2 | 1 | 5 | 0 | 5 | -7 | 2 | -13 | -16 | -22 | -16 | -37 | -37 | -15 | -26 | -32 |
| Operating Profit % | -244 % | -51 % | -181 % | 34 % | -62 % | -26 % | -18 % | -25 % | -11 % | 4 % | -5 % | -7 % | -3 % | 4 % | -7 % | 2 % | -31 % | -9 % | -43 % | -46 % | -106 % | -49 % | -122 % | -99 % | -76 % | -69 % | -90 % |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 6 | 6 | 6 |
| Interest | 6 | 6 | 6 | 8 | 6 | 8 | 6 | 5 | 4 | 3 | 2 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 4 | 4 | 4 |
| Profit Before Tax | -98 | -27 | 348 | 15 | -21 | -16 | -13 | -14 | -10 | 0 | -5 | -6 | -3 | 2 | -4 | 2 | -10 | -2 | -17 | -20 | -27 | -22 | -44 | -45 | -25 | -36 | -41 |
| Tax | 1 | 1 | 0 | 3 | -8 | 1 | 0 | -4 | 1 | 1 | 1 | -4 | 2 | 3 | -4 | 6 | 2 | 3 | 1 | 1 | 0 | 1 | 0 | 1 | 1 | -2 | 1 |
| Net Profit | -99 | -28 | 347 | 12 | -13 | -17 | -13 | -10 | -10 | -1 | -6 | -2 | -5 | -2 | -0 | -4 | -12 | -5 | -18 | -22 | -27 | -23 | -45 | -46 | -26 | -34 | -43 |
| EPS in ₹ | -10.04 | -3.78 | 66.91 | 2.21 | -2.49 | -3.21 | -2.41 | -1.76 | -1.90 | -0.11 | -1.05 | -0.29 | -0.86 | -0.34 | -0.06 | -0.88 | -2.84 | -1.09 | -4.15 | -5.00 | -6.25 | -5.27 | -10.03 | -10.67 | -5.44 | -6.52 | -8.17 |
Max India
Max India
158.69
-1.98
(-1.23%)
Market Cap
832.02 Cr
PE Ratio
-5.67
Volume
24,211.00
Day High - Low
164.67 - 156.25
52W High-Low
241.57 - 144.10
Key Fundamentals
Market Cap
832.02 Cr
EPS
-32.50
PE Ratio
-5.67
PB Ratio
1.80
Book Value
197.67
EBITDA
-99.90
Dividend Yield
0.00 %
Industry
Financial Services Sector
Holding Company Return on Equity
-39.14
Debt to Equity
0.17
Actual
Company News
View All News
Max India Limited's board approved shifting registered office from Mumbai to Delhi effective February 15, 2026, while Mrs. Sharmila Tagore resigned as Independent Director due to personal commitments.
Max India submits Q3FY26 monitoring report
Feb 10, 2026
Feb 10, 2026Max India Limited filed monitoring agency report for Q3FY26 showing Rs. 23.03 crore utilization from Rs. 124.23 crore rights issue proceeds with no deviations reported.
Max India Limited posted a consolidated net loss of ₹42.85 crores for Q3 FY26, compared to ₹44.60 crores loss in Q3 FY25. Revenue from operations grew 24.07% to ₹43.10 crores.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
2,051.60 | #1 3,27,807.36 | 17.16 | #1 1,33,822.10 | 21.23 | #1 17,558 | -1.00 | 56.89 | |
11,501.00 | 1,27,998.67 | 13.87 | 831.40 | -51.48 | 6,626 | 15.33 | 63.58 | |
766.65 | 15,766.58 | 80.27 | 921.70 | 21.39 | 163 | 113.68 | 46.24 | |
134.72 | 12,883.76 | 10.12 | 4,452.80 | -7.85 | 772 | 53.57 | 49.48 | |
123.18 | 11,658.66 | 16.25 | 9,518.70 | -0.86 | 536 | 74.23 | 60.57 | |
2,708.00 | 8,690.09 | #1 4.93 | 14,898.50 | 10.44 | 1,254 | 59.37 | 50.22 | |
4,541.70 | 5,028.68 | 4,174.00 | 307.10 | 7.27 | 152 | -207.46 | 39.24 | |
1,207.30 | 1,723.76 | 28.83 | 4,380.30 | 23.60 | 221 | -1,040.48 | 35.21 | |
403.45 | 1,519.70 | 9.29 | 62.70 | 46.15 | 222 | #1 1,177.14 | 50.85 | |
202.45 | 1,025.59 | 7.33 | 3,283.10 | #1 137.84 | 109 | 27.51 | 51.56 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
-15.67 %
Net Income Growth
148.94 %
Cash Flow Change
-24.68 %
ROE
241.83 %
ROCE
243.30 %
EBITDA Margin (Avg.)
235.28 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 1,024 | 998 | 858 | 753 | 684 | 633 |
| Fixed Assets | 145 | 156 | 159 | 159 | 193 | 170 |
| Current Assets | 819 | 728 | 549 | 459 | 343 | 261 |
| Capital Work in Progress | 1 | 0 | 0 | 0 | 10 | 21 |
| Investments | 414 | 334 | 178 | 84 | 64 | 53 |
| Other Assets | 465 | 508 | 522 | 511 | 418 | 389 |
| Total Liabilities | 1,024 | 998 | 858 | 753 | 684 | 633 |
| Current Liabilities | 162 | 226 | 153 | 161 | 139 | 165 |
| Non Current Liabilities | 157 | 119 | 64 | 50 | 53 | 109 |
| Total Equity | 706 | 653 | 641 | 542 | 492 | 359 |
| Reserve & Surplus | 652 | 599 | 586 | 496 | 440 | 305 |
| Share Capital | 54 | 54 | 54 | 43 | 43 | 44 |
Cash Flow
| Cash Flow | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 12 | 12 | -10 | 75 | 27 | -93 |
| Investing Activities | -526 | 13 | 18 | 124 | 159 | 47 |
| Operating Activities | -19 | 73 | 67 | 69 | -102 | -128 |
| Financing Activities | 557 | -73 | -94 | -119 | -29 | -13 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Aug 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | May 2025 | Jun 2025 | Sept 2025 | Dec 2025 |
| Promoter | 40.89 % | 40.89 % | 40.89 % | 40.89 % | 40.89 % | 40.89 % | 51.11 % | 51.11 % | 51.11 % | 51.11 % | 51.11 % | 50.94 % | 50.94 % | 50.94 % | 50.94 % | 50.94 % | 50.94 % | 50.45 % | 50.45 % | 50.16 % | 50.05 % | 49.89 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 10.59 % | 10.32 % | 9.54 % | 9.01 % | 7.41 % | 6.77 % | 6.63 % | 7.14 % | 7.13 % | 7.08 % | 7.08 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.01 % | 0.01 % | 0.01 % | 0.00 % | 0.70 % | 0.70 % | 0.82 % | 0.82 % | 0.82 % | 0.95 % | 0.81 % | 0.95 % | 0.98 % | 1.43 % | 1.58 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 32.62 % | 32.79 % | 29.56 % | 27.79 % | 28.35 % | 27.32 % | 22.40 % | 28.34 % | 32.07 % | 32.99 % | 33.27 % | 32.37 % | 32.53 % | 33.01 % | 32.98 % | 34.42 % | 34.81 % | 34.92 % | 34.09 % | 34.53 % | 34.52 % | 34.40 % |
| Others | 26.49 % | 26.32 % | 29.55 % | 31.32 % | 30.76 % | 31.79 % | 26.49 % | 20.55 % | 16.81 % | 15.90 % | 15.62 % | 5.40 % | 5.50 % | 5.70 % | 6.25 % | 6.42 % | 6.53 % | 7.19 % | 7.37 % | 7.20 % | 6.91 % | 7.05 % |
| No of Share Holders | 33,222 | 34,547 | 35,639 | 31,835 | 30,006 | 29,163 | 28,248 | 31,347 | 37,259 | 38,697 | 36,356 | 36,563 | 35,888 | 40,367 | 38,876 | 39,886 | 40,417 | 39,918 | 40,711 | 40,090 | 39,796 | 38,508 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 01 Jul 2020 |  Change Of Name | NA | 01 Jul 2020 | 0.00 | 0.00 |
| 23 Sept 2024 |  Annual General Meeting | NA | 23 Sept 2024 | 232.95 | 226.95 |
| 24 Oct 2024 |  Quarterly Result Announcement | NA | 24 Oct 2024 | 240.54 | 255.34 |
| 06 Feb 2025 | Quarterly Result Announcement | NA | 06 Feb 2025 | 242.82 | 241.81 |
| 29 Apr 2025 |  Rights | 19:100 | 29 Apr 2025 | 211.57 | 217.02 |
| 30 May 2025 | Quarterly Result Announcement | NA | 30 May 2025 | 185.05 | 182.40 |
| 05 Aug 2025 | Quarterly Result Announcement | NA | 05 Aug 2025 | 211.60 | 210.72 |
| 03 Sept 2025 | Annual General Meeting | NA | 03 Sept 2025 | 206.25 | 219.75 |
| 13 Nov 2025 | Quarterly Result Announcement | NA | 13 Nov 2025 | 212.60 | 206.60 |
| 10 Feb 2026 | Quarterly Result Announcement | NA | 10 Feb 2026 | 154.00 | 169.54 |
Announcements
Announcement under Regulation 30 (LODR)-Newspaper Publication2 days ago
2 days agoShareholder Meeting / Postal Ballot-Notice of Postal Ballot3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Investor Presentation3 days ago
3 days agoAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Newspaper PublicationFeb 11, 2026
Feb 11, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Resignation of DirectorFeb 10, 2026
Feb 10, 2026Outcome Of Board Meeting Held On February 10 2026Feb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Change in DirectorateFeb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Change in Registered Office AddressFeb 10, 2026
Feb 10, 2026Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended On December 31 2025Feb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Monitoring Agency ReportFeb 10, 2026
Feb 10, 2026As Per Detailed Disclosure Enclosed.Feb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Investor PresentationFeb 10, 2026
Feb 10, 2026Board Meeting Outcome for Outcome Of The Board Meeting Held On February 10 2026Feb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSFeb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 05, 2026
Feb 05, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 04, 2026
Feb 04, 2026Board Meeting Intimation for Considering And Approving Un-Audited Financial Results Of The Company (Both Standalone And Consolidated) For The Quarter And Nine Months Ended On December 31 2025Feb 03, 2026
Feb 03, 2026Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSJan 09, 2026
Jan 09, 2026Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jan 05, 2026
Jan 05, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 31, 2025
Dec 31, 2025Closure of Trading WindowDec 26, 2025
Dec 26, 2025Receipt Of RD Order For Change In Registered OfficeDec 16, 2025
Dec 16, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDec 15, 2025
Dec 15, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSDec 12, 2025
Dec 12, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDec 08, 2025
Dec 08, 2025Announcement under Regulation 30 (LODR)-Investor PresentationDec 08, 2025
Dec 08, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationDec 03, 2025
Dec 03, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseDec 03, 2025
Dec 03, 2025Grant Of Options Under Max India Limited Employee Stock Option Plan 2020 (ESOP Plan)Dec 01, 2025
Dec 01, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 25, 2025
Nov 25, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptNov 20, 2025
Nov 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeNov 14, 2025
Nov 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationNov 14, 2025
Nov 14, 2025Statement Of Deviation & VariationNov 13, 2025
Nov 13, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportNov 13, 2025
Nov 13, 2025Announcement under Regulation 30 (LODR)-Investor PresentationNov 13, 2025
Nov 13, 2025Financials Results For The Quarter And Half Year Ended 30Th September 2025Nov 13, 2025
Nov 13, 2025Board Meeting Outcome for Outcome Of Board MeetingNov 13, 2025
Nov 13, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseNov 12, 2025
Nov 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationNov 06, 2025
Nov 06, 2025Board Meeting Intimation for Prior Intimation Of Board Meeting Under SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Nov 06, 2025
Nov 06, 2025Announcement under Regulation 30 (LODR)-Change in ManagementOct 27, 2025
Oct 27, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseOct 15, 2025
Oct 15, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 09, 2025
Oct 09, 2025Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSOct 03, 2025
Oct 03, 2025Volume Movement LetterSep 26, 2025
Sep 26, 2025Clarification sought from Max India LtdSep 26, 2025
Sep 26, 2025Technical Indicators
RSI(14)
Neutral 44.61
ATR(14)
Less Volatile 8.52
STOCH(9,6)
Neutral 28.40
STOCH RSI(14)
Neutral 42.24
MACD(12,26)
Bullish 0.21
ADX(14)
Strong Trend 35.34
UO(9)
Bearish 38.03
ROC(12)
Downtrend And Accelerating -6.50
WillR(14)
Neutral -75.63
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