Max Financial Services Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Apr '26 Apr 28, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2020 - 2016
Market Capitalization	553,224	394,379	344,366	219,148	260,182	296,588	Upgrade
Market Cap Growth	38.19%	14.52%	57.14%	-15.77%	-12.28%	186.13%	Upgrade
Enterprise Value	581,801	408,865	350,283	228,453	270,317	302,392	Upgrade
PE Ratio	390.56	120.52	101.25	57.90	102.69	69.72	Upgrade
PS Ratio	1.12	0.85	0.74	0.70	0.83	0.95	Upgrade
PB Ratio	8.58	6.16	7.88	5.52	5.80	8.23	Upgrade
P/FCF Ratio	-	4.85	5.86	2.25	3.11	4.36	Upgrade
P/OCF Ratio	-	4.72	5.64	2.21	3.06	4.30	Upgrade
EV/Sales Ratio	1.18	0.88	0.75	0.73	0.87	0.97	Upgrade
EV/EBITDA Ratio	124.40	66.90	61.99	36.35	52.97	45.29	Upgrade
EV/EBIT Ratio	177.53	74.25	68.92	39.59	57.66	47.79	Upgrade
EV/FCF Ratio	-	5.03	5.96	2.34	3.23	4.44	Upgrade
Debt / Equity Ratio	0.35	0.22	0.19	0.21	0.17	0.08	Upgrade
Debt / EBITDA Ratio	4.88	2.09	1.32	1.18	1.35	0.38	Upgrade
Debt / FCF Ratio	-	0.18	0.14	0.08	0.09	0.04	Upgrade
Net Debt / Equity Ratio	0.27	0.06	0.00	-0.07	0.04	-0.06	Upgrade
Net Debt / EBITDA Ratio	4.37	0.60	-0.04	-0.48	0.39	-0.34	Upgrade
Net Debt / FCF Ratio	-	0.05	0.00	-0.03	0.02	-0.03	Upgrade
Quick Ratio	-	0.30	0.32	0.38	0.18	0.22	Upgrade
Current Ratio	-	0.38	0.45	0.50	0.27	0.26	Upgrade
Asset Turnover	-	0.26	0.32	0.25	0.29	0.36	Upgrade
Return on Equity (ROE)	-	7.55%	9.44%	10.69%	7.87%	17.43%	Upgrade
Return on Assets (ROA)	-	0.19%	0.22%	0.29%	0.27%	0.46%	Upgrade
Return on Invested Capital (ROIC)	3.67%	7.63%	9.62%	9.85%	8.41%	17.02%	Upgrade
Earnings Yield	0.26%	0.83%	0.99%	1.73%	0.97%	1.43%	Upgrade
FCF Yield	-	20.62%	17.08%	44.48%	32.16%	22.96%	Upgrade
Buyback Yield / Dilution	0.86%	0.04%	0.45%	0.01%	-17.69%	-8.79%	Upgrade
Total Shareholder Return	0.86%	0.04%	0.45%	0.01%	-17.69%	-8.79%	Upgrade

Source: S&P Capital IQ. Insurance template. Financial Sources.