Max Financial Services Ltd - 500271 - Disclosure Under Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 (Listing Regulations) - Outcome Of Board Meeting
As per the disclosure attached.05-12-2023
Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
As per the disclosure attached26-11-2023
Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
As per the disclosure attached17-11-2023
Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
As per the disclosure attached.17-11-2023
Max Financial Services Ltd - 500271 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
As per the disclosure attached.11-11-2023
Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
As per the disclosure attached.06-11-2023
Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Max Financial Services Ltd.
Life Insurance company Max Financial Services announced Q2FY24 & H1FY24 results: 1. Financial Performance: - Max Financial Services recorded a consolidated revenue of Rs 19,361 crore in H1FY24, showing a growth of 54% YoY (excluding investment income). - The company's profit after tax (PAT) grew by 109% YoY to Rs 271 crore in H1FY24. - In Q2FY24, Max Financial Services achieved a consolidated revenue of Rs 10,189 crore, up 9% YoY, and a PAT of Rs 170 crore, up 176% YoY. - Max Life's Individual Adjusted First Year Premium increased by 20% to Rs 2,525 crore in H1FY24, with proprietary channels growing by 42%. - Gross written premium for Max Life reached Rs 11,496 crore in H1FY24, representing a growth of 16%. - The company's Embedded Value stood at Rs 17,911 crore, with an operating Return on Embedded Value (ROEV) of 17.5% in H1FY24. - Max Life's assets under management (AUM) grew by 18% to Rs 1,34,161 crore as of September 30, 2023. 2. Distribution Channels and Product Offerings: - In Q2FY24, Max Life witnessed a 34% increase in the number of policies, driving the growth in individual adjusted first-year premium. - Proprietary channels' contribution to total new business premium increased from 35% to 40% in H1FY24. - Max Life launched innovative product offerings, including an industry-first index fund and a health plan with a wellness ecosystem, resulting in significant growth in the retail protection and health segment. Prashant Tripathy, MD and CEO, Max Life Insurance, said, "We have continued to build upon our strong growth trajectory delivering another robust quarter. Our business growth was powered by innovation in products to address diverse customer needs, consistently strengthening and expanding our proprietary channels, and a steady momentum in our Banca channels. Our enduring commitment lies in promoting ongoing growth through strategic collaborations, forging new partnerships, and bolstering our presence in the market." Result PDF03-11-2023
Max Financial Services Ltd - 500271 - Announcement under Regulation 30 (LODR)-Newspaper Publication
As per the disclosure attached02-11-2023
Max Financial Services Ltd - 500271 - Submission Of Audio Recording Of Earnings Conference Call
As per the disclosure attached01-11-2023