Max Financial Services shares decline 2.81% amid volume surge; stock among top losers on Nifty Midcap 150

Shares of Max Financial Services experienced a decline of 2.81% to trade at Rs 1,571.90 on Thursday. The stock faced selling pressure and was among the top losers on the Nifty Midcap 150 index. The stock experienced high volume and a surge in volume at 12:29 pm.

On the financial front, Max Financial Services has demonstrated varied performance across its quarterly results. The consolidated revenue for the quarter-ending June 2025 stood at Rs 12,821.65 Crore, up from Rs 12,375.76 Crore in March 2025. However, net profit for the same period was Rs 86.45 Crore, a decrease compared to Rs 139.34 Crore in September 2024.

Here's a detailed look at the quarterly financial performance:

The company's annual financial performance shows a fluctuating trend in net profit. The consolidated revenue for the year-ending March 2025 was Rs 46,468.91 Crore, slightly down from Rs 46,576.23 Crore in the previous year. Net profit saw a marginal increase to Rs 403.38 Crore in March 2025 from Rs 392.61 Crore in March 2024.

Below is a summary of the yearly financials:

From the annual income statement, the sales saw an increase from Rs 31,273 Crore in March 2021 to Rs 46,468 Crore in March 2025. The net profit also increased from Rs 559 Crore to Rs 403 Crore during the same time frame.

Key financial ratios reveal a P/E ratio of 119.43 and a P/B ratio of 7.47 as of March 2025. The company's debt-to-equity ratio stood at 0.00 for the year-ending March 2025.

Recent corporate announcements include disclosures under SEBI regulations and changes in director at Axis Max Life Insurance Limited.

Moneycontrol analysis from August 29, 2025, indicates a bullish sentiment on the stock.

With the stock currently trading at Rs 1,571.90, Max Financial Services has experienced a notable decline amid high trading volume, positioning it among the top losers on the Nifty Midcap 150.