Max Financial Services Limited
Max Financial Services Limited incorporated on 24 February, 1988 is part of India‚Äôs leading business conglomerate ‚Äì the Max Group. Company is primarily engaged in growing and nurturing business investments and providing management advisory services to Indian group companies.It owns and actively manages an 81.83% majority stake in Max Life Insurance, India‚Äôs largest non-bank life insurer and 4th largest private…
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Crisil ESG Ratings & Analytics Limited has independently assigned Max Financial Services Limited an ESG rating of 70 and a Core ESG rating of 77. The company voluntarily disclosed this public-domain-based assessment to keep stakeholders informed of its environmental, social, and governance performance.
Axis Max Life posted strong Q1 FY27 results: Individual Adjusted FYP grew 17% to ₹1,810 Cr. VNB surged 33% to ₹446 Cr, with new business margin improving to 23.2%. AUM crossed ₹2.02 lakh Cr, up 11%. Consolidated PAT increased 37% to ₹118 Cr, showcasing robust growth.
Max Financial Services saw FY'26 consolidated revenue (excl. investment income) grow 17% to 38,039 Cr. Axis Max Life's Individual Adjusted First Year Premium rose 19% to 9,885 Cr, boosting VNB by 26% to 2,647 Cr. Market share gained 56 bps to 10.4%. AUM hit 189,000 Cr, up 8%.
Axis Max Life delivered robust 9M results, with Individual Adjusted First Year Premium up 20% to ₹6,396 Cr and Value of New Business soaring 30% to ₹1,633 Cr. Consolidated revenue grew 18% to ₹24,625 Cr. AUM hit ₹193,000 Cr, boosting private market share to 9.8%.
Axis Max Life's H1 FY'26 VNB surged 27% to ₹974 Cr, with Individual Adjusted First Year Premium growing 18% to ₹3,891 Cr. New business margins improved to 23.3%. Max Financial Services reported consolidated revenue (ex-investment income) up 18% to ₹15,090 Cr. AUM reached ₹185,336 Cr.