Max Financial Services Shares Surge 2.30% Amid Increased Trading Volume

Shares of Max Financial Services experienced a notable increase of 2.30% on August 11, 2025, closing at Rs 1,635.00. This surge occurred alongside a significant rise in trading volume, positioning the stock among the top gainers on the Nifty Midcap 150 index. Investors showed heightened interest, reflecting confidence in the company’s financial stability and growth potential.

The company’s financial performance has demonstrated consistent revenue generation over recent quarters. For the quarter ending June 2024, Max Financial Services reported a revenue of Rs 11,798.84 Crore, which increased to Rs 13,372.39 Crore by September 2024. The subsequent quarters showed revenues of Rs 8,923.21 Crore in December 2024, Rs 12,375.76 Crore in March 2025, and Rs 12,821.65 Crore in June 2025.

Net profit figures for the same periods indicated fluctuations, with profits of Rs 155.94 Crore in June 2024, dipping to Rs 139.34 Crore in September 2024, and further down to Rs 69.81 Crore in December 2024. However, profits rebounded to Rs 38.28 Crore in March 2025 and reached Rs 86.45 Crore by June 2025. Earnings per share (EPS) were reported as follows: Rs 3.69, Rs 3.26, Rs 1.62, Rs 0.96, and Rs 2.03 for these respective quarters.

Annual Financial Overview

The annual financial overview provides further insight into the company’s performance. For the year ending March 2021, revenue stood at Rs 31,273.90 Crore, slightly decreasing to Rs 31,181.14 Crore in March 2022. The figure then increased to Rs 31,412.67 Crore in March 2023, and further escalated to Rs 46,576.23 Crore in March 2024, before settling at Rs 46,468.91 Crore in March 2025.

Net profit showed similar variability with profits recorded at Rs 559.75 Crore in March 2021, Rs 318.40 Crore in March 2022, and rebounding to Rs 451.89 Crore in March 2023. Profits then decreased to Rs 392.61 Crore in March 2024, before recovering slightly to Rs 403.38 Crore in March 2025. The annual EPS figures were Rs 14.51, Rs 7.34, Rs 10.97, Rs 9.85, and Rs 9.61 for these corresponding years.

Future Outlook and Shareholder Engagement

As of August 12, 2025, Max Financial Services has made several announcements under Regulation 30 (LODR), including updates through newspaper publications and notifications of analyst and investor meetings. The company has a history of returning value to shareholders, with the most recent final dividend of Rs 1.80 per share (90%) announced on May 31, 2016, and effective from September 19, 2016. Previous dividends included an interim dividend of Rs 1.80 per share (90%) announced on November 6, 2015, and a final dividend of Rs 1.00 per share (50%) on May 27, 2015.

In addition, a bonus issue was announced on April 8, 2000, with a ratio of 1:1 and a record date of May 27, 2000. A rights issue occurred on October 26, 1995, with a ratio of 10:1 and a record date of December 1, 1995. The company also executed a stock split on January 24, 2007, reducing the face value from Rs 10 to Rs 2.

According to Moneycontrol, the current bullish sentiment surrounding the stock reflects a positive outlook, supported by the recent trading activity and solid financial performance. With shares now at Rs 1,635.00, Max Financial Services appears well-positioned for continued investor interest.