Max Financial Services Limited has informed the Exchange regarding a press release dated May 13, 2025, titled "Press Release".
MFSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Max Financial Services reported consolidated revenue (excluding investment income) of ₹32,620 crores for FY25, up 12% year-on-year. Consolidated PAT stood at ₹403 crores on total revenue of ₹46,497 crores. Its key subsidiary, Axis Max Life Insurance, delivered strong growth with Individual Adjusted First Year Premium rising 20% to ₹8,329 crores, gaining 37 basis points of private market share to reach 9.8%. Gross Written Premium grew 13% to ₹33,223 crores, Embedded Value jumped 29% to ₹25,192 crores with an Operating RoEV of 19.1%, and Assets Under Management grew 16% to ₹1,75,072 crores. Axis Max Life also ranked 3rd among private life insurers in H2 FY25, with proprietary channel APE up 26% and solvency ratio improving to 201% from 172%. The company added 44 new distribution partners and saw its Net Promoter Score improve from 59 to 64.
Strong topline and embedded value growth signal robust business momentum at Axis Max Life, the core earnings driver for MFSL shareholders. Improved market share, higher solvency, and expanding proprietary distribution suggest sustained growth potential, which should be viewed positively by investors.