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Max Financial Services (BOM:500271) Revenue : ₹416,226 Mil (TTM As of Dec. 2023)


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What is Max Financial Services Revenue?

Max Financial Services's revenue for the three months ended in Dec. 2023 was ₹123,563 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₹416,226 Mil. Max Financial Services's Revenue per Share for the three months ended in Dec. 2023 was ₹357.65. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹1,206.00.

During the past 12 months, the average Revenue per Share Growth Rate of Max Financial Services was 50.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 10.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 14.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Max Financial Services's highest 3-Year average Revenue per Share Growth Rate was 112.90% per year. The lowest was -2.40% per year. And the median was 14.60% per year.


Max Financial Services Revenue Historical Data

The historical data trend for Max Financial Services's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Max Financial Services Revenue Chart

Max Financial Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 194,761.59 181,276.94 312,413.91 311,829.40 314,132.60

Max Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88,956.50 99,292.20 91,685.60 101,684.90 123,563.30

Competitive Comparison of Max Financial Services's Revenue

For the Insurance - Life subindustry, Max Financial Services's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Max Financial Services's Revenue Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Max Financial Services's Revenue distribution charts can be found below:

* The bar in red indicates where Max Financial Services's Revenue falls into.



Max Financial Services Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹416,226 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Max Financial Services  (BOM:500271) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Max Financial Services Revenue Related Terms

Thank you for viewing the detailed overview of Max Financial Services's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Max Financial Services (BOM:500271) Business Description

Traded in Other Exchanges
Address
L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

Max Financial Services (BOM:500271) Headlines

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