Profit & Loss

MAX FINANCIAL SERVICES LTD.

NSE : MFSLBSE : 500271ISIN CODE : INE180A01020Industry : Finance - OthersHouse : Max
BSE1001.00-14.35 (-1.41 %)
PREV CLOSE ( ) 1015.35
OPEN PRICE ( ) 1018.00
BID PRICE (QTY) 1001.25 (31)
OFFER PRICE (QTY) 1002.70 (64)
VOLUME 9133
TODAY'S LOW / HIGH ( )1001.00 1022.35
52 WK LOW / HIGH ( )599.3 1092.6
NSE1006.90-10.85 (-1.07 %)
PREV CLOSE( ) 1017.75
OPEN PRICE ( ) 1017.75
BID PRICE (QTY) 1006.90 (13)
OFFER PRICE (QTY) 1007.25 (29)
VOLUME 289190
TODAY'S LOW / HIGH( ) 1004.40 1024.20
52 WK LOW / HIGH ( )599.1 1092
Select year
( in Million)
Particulars
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
INCOME :
  
  
  
  
  
Operating Income
313840.42
311564.90
312460.01
182094.53
194863.76
     Sale of Shares / Units
     Interest income
60745.84
51887.09
44352.40
39217.20
32909.08
     Portfolio management services
     Dividend income
3682.98
2263.46
2157.57
1754.09
1605.36
     Brokerages & commissions
     Processing fees and other charges
     Other Operating Income
249411.60
257414.35
265950.04
141123.25
160349.32
Operating Income (Net)
313840.42
311564.90
312460.01
182094.53
194863.76
EXPENDITURE :
Increase/Decrease in Stock
Employee Cost
20716.12
16938.00
16845.45
12769.07
9545.46
     Salaries, Wages & Bonus
19664.13
16112.25
16087.56
11800.32
8986.30
     Contributions to EPF & Pension Funds
635.88
570.70
549.64
467.36
293.49
     Workmen and Staff Welfare Expenses
319.43
211.67
180.09
219.59
332.07
     Other Employees Cost
96.68
43.38
28.16
281.80
-66.39
Operating & Establishment Expenses
272256.38
275044.96
277803.67
85131.69
167686.28
     Depository Charges
     Security Transaction tax
     Software & Technical expenses
     Commission, Brokerage & Discounts
16141.20
14029.72
12272.31
10248.01
9905.61
     Rent , Rates & Taxes
263.08
235.20
213.46
245.96
863.39
     Repairs and Maintenance
1470.97
1173.10
1021.21
1051.34
930.10
     Insurance
6441.21
-392.63
4329.85
1343.17
1479.96
     Electricity & Power
214.60
149.69
148.56
197.28
302.42
     Other Operating Expenses
247725.33
259849.89
259818.29
72045.93
154204.80
Administrations & Other Expenses
11845.48
10906.43
8296.94
8722.71
8431.90
     Printing and stationery
93.71
67.65
69.28
110.46
89.90
     Professional and legal fees
663.51
324.18
369.44
817.50
729.98
     Advertisement & Sales Promotion
5191.29
5886.32
3536.33
3050.05
2708.71
     Other General Expenses
5896.97
4628.28
4321.88
4744.70
4903.31
Provisions and Contingencies
1878.92
2653.17
3778.53
69369.45
3503.85
     Provisions for contingencies
0.28
0.27
0.27
80.21
0.27
     Provisions against NPAs
     Bad debts /advances written off
27.15
18.42
23.32
16.21
13.38
     Provision for doubtful debts
61.60
16.84
3.19
4.12
     Losson disposal of fixed assets(net)
0.01
5.05
2.11
1.77
     Losson foreign exchange fluctuations
1.35
2.40
3.28
0.22
     Losson sale of non-trade current investments
849.63
1118.81
2850.46
-845.89
3068.56
     Other Miscellaneous Expenses
938.91
1510.61
883.13
70112.45
415.52
Less: Expenses Capitalised
Total Expenditure
306696.90
305542.56
306724.59
175992.91
189167.49
Operating Profit (Excl OI)
7143.52
6022.34
5735.43
6101.62
5696.27
Other Income
478.63
336.49
2220.03
323.09
268.91
     Other Interest Income
5.83
5.72
6.13
0.06
6.70
     Other Commission
     Discounts
     Profit on sale of Fixed Assets
3.06
0.07
2.57
0.20
     Income from investments
22.40
     Provision Written Back
12.19
37.97
835.15
0.13
     Others
435.16
292.73
1378.75
320.46
261.89
Operating Profit
7622.16
6358.83
7955.46
6424.71
5965.18
Interest
572.36
670.02
409.90
387.67
394.64
     Loans
     Deposits
     Bonds / Debentures
     Other Interest
572.36
670.02
409.90
387.67
394.64
Depreciation
1777.73
1802.23
1616.63
1612.18
762.15
Profit Before Taxation & Exceptional Items
5272.07
3886.59
5928.93
4424.85
4808.40
Exceptional Income / Expenses
Profit Before Tax
5272.07
3886.59
5928.93
4424.85
4808.40
Provision for Tax
753.13
702.54
331.42
1696.31
643.68
     Current Income Tax
803.08
622.13
771.58
584.68
662.21
     Deferred Tax
-49.95
80.41
71.27
-126.19
-18.53
     Other taxes
0.00
0.00
-511.42
1237.82
0.00
Profit After Tax
4518.94
3184.05
5597.50
2728.54
4164.72
Extra items
0.00
0.00
0.00
0.00
0.00
Minority Interest
-734.08
-650.35
-1343.56
-1278.61
-1539.11
Share of Associate
Other Consolidated Items
Consolidated Net Profit
3784.86
2533.70
4253.94
1449.94
2625.61
Adjustments to PAT
Profit Balance B/F
-10106.61
-16018.58
14619.98
13918.93
11846.79
Appropriations
-6321.75
-13484.88
18873.92
15368.86
14472.39
     General Reserve
     Proposed Equity Dividend
     Corporate dividend tax
     Other Appropriation
-6321.75
-13484.88
18873.92
15368.86
14472.39
Equity Dividend %
Earnings Per Share
11.02
7.34
12.33
5.38
9.75
Adjusted EPS
11.02
7.34
12.33
5.38
9.75

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.