Max Financial Services (BOM:500271) Pretax Margin %: -0.35% (As of Mar. 2026)


BOM:500271 Max Financial Services Ltd BOM:500271
74 GF Score
Price ₹1,561.25
GF Value ₹1,277.23
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Max Financial Services Pretax Margin %?

Max Financial Services BOM:500271 -2.70% 74 Pretax Margin % is -0.35% as of Mar. 2026. GuruFocus rates BOM:500271 with a GF Score™ of 74/100 and a GF Value™ of ₹1,277.23 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 502 Insurance companies, Max Financial Services ranks worse than 90.24% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Max Financial Services's Pre-Tax Income for the three months ended in Mar. 2026 was ₹-381 Mil. Max Financial Services's Revenue for the three months ended in Mar. 2026 was ₹108,013 Mil. Therefore, Max Financial Services's pretax margin for the quarter that ended in Mar. 2026 was -0.35%.

The historical rank and industry rank for Max Financial Services's Pretax Margin % or its related term are showing as below:

BOM:500271' s Pretax Margin % Range Over the Past 10 Years
Min: 0.25   Med: 1.79   Max: 4.6
Current: 0.25


BOM:500271's Pretax Margin % is ranked worse than
90.24% of 502 companies
in the Insurance industry
Industry Median: 11.98 vs BOM:500271: 0.25

Max Financial Services  (BOM:500271) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Max Financial Services Pretax Margin % Related Terms


Max Financial Services Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Max Financial Services's Pretax Margin % 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.

Max Financial Services Pretax Margin % Chart

Max Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.68 0.89 0.97 0.25

Max Financial Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax Margin % 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 0.19 0.79 0.06 0.35 -0.35

BOM:500271 vs AFL, MET: Pretax Margin % Comparison

For the Insurance - Life subindustry, Max Financial Services's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Insurance Industry

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

* The bar in red indicates where Max Financial Services's Pretax Margin % falls into.


BOM:500271
74GF Score
Max Financial Services Ltd BOM:500271
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Max Financial Services Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Max Financial Services's Pretax Margin for the fiscal year that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=1197.7/476753.4
=0.25 %

Max Financial Services's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-380.7/108012.8
=-0.35 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -0.35% mean?
Max Financial Services (BOM:500271) has a Pretax Margin % of -0.35% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Max Financial Services and its competitors. Over the past decade, Max Financial Services' Pretax Margin % has ranged from 0.25 to 4.60. According to the industry distribution chart, Max Financial Services ranks #453 out of 502 companies in the Insurance industry, placing it in the top 90.2%.
Is Max Financial Services' Pretax Margin % too high?
Max Financial Services' current Pretax Margin % is -0.35%. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 4.60. Based on the distribution chart, Max Financial Services ranks #453 out of 502 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Max Financial Services has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Max Financial Services' Pretax Margin % compare to AFL and MET?
According to the Insurance industry distribution chart, Max Financial Services ranks #453 out of 502 companies for Pretax Margin %. This places Max Financial Services in the lower half of its industry. The industry median Pretax Margin % is 11.98. Historically, Max Financial Services' own Pretax Margin % has ranged from 0.25 to 4.60 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Insurance company?
The median Pretax Margin % among Insurance companies is 11.98, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Max Financial Services and its competitors. For the Insurance industry, the median Pretax Margin % is 11.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Financial Services's current Pretax Margin % is -0.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Max Financial Services (BOM:500271) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,277.23, compared to a current price of ₹1,561.25 — trading 22.2% above its estimated fair value. The current Pretax Margin % is -0.35%. Max Financial Services' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Max Financial Services (BOM:500271), the current Pretax Margin % is -0.35% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Max Financial Services (BOM:500271) Overvalued in 2026?

Based on GuruFocus' analysis, Max Financial Services stock appears to be overvalued. The current stock price of ₹1,561.25 is trading 22.2% above its estimated GF Value™ of ₹1,277.23. GuruFocus considers Max Financial Services to be Modestly Overvalued.

Key valuation signals for BOM:500271:

  • Pretax Margin %: -0.35%
  • GF Value™: ₹1,277.23 vs. price of ₹1,561.25 (22.2% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the BOM:500271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Max Financial Services Business Description

Other Exchanges MFSL:India
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 generates majority of revenue from Life Insurance segment.
74GF Score

Get the complete analysis for BOM:500271

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,561.25
Price
₹1,277.23
GF Value