First listed company providing pure access to the Indian private life insurance sector

Max Financial Services Limited (MFS), a part of the US$ 3 billion Max Group, is the holding company for Max Life, India’s largest non-bank, private life insurance company…

Caution Notice in respect of Misrepresentation

FY18 Q4 MFS Consolidated Revenues: Rs. 5,300 Cr., Up 23%
FY18 Q4 Max Life New Sales: Rs. 1,339 Cr., Up 28%
FY18 Q4 Solvency surplus: Rs. 2,028 Cr.; Solvency Ratio: 275%
20:20:20 (Sales growth, NBM, RoEV) target by FY20, achieved in FY18 itself
MCEV as at 31st March 2018 at Rs. 7,509 Cr; Operating RoEV 20.6%
Value of New Business increased to Rs. 656 Cr, grows 31% y-o-y; New business margin also improves by 140 bps to 20.2%