MFSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Max Financial Services' subsidiary Axis Max Life Insurance delivered strong FY'26 results with Individual Adjusted First Year Premium of ₹9,885 crores, up 19% YoY. Consolidated revenue grew 17% to ₹38,039 crores while Gross Written Premium reached ₹38,877 crores. Profitability improved significantly with Value of New Business rising 26% to ₹2,647 crores and new business margins expanding to 25.2% from 24%. Axis Max Life gained 56 basis points of private market share to reach 10.4%. Assets Under Management grew 8% to ₹1.89 lakh crores. The company added 60 new business partnerships during the fiscal.
Strong double-digit growth across key metrics with margin expansion signals healthy business momentum. Market share gains indicate competitive strength in the private life insurance segment. The improved VNB growth rate suggests better future profitability.