Max Financial Services Ltd — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
Q1 FY27 earnings call
Max Financial Services reported Q1 FY27 results with individual adjusted first year premium growth of 17% and APE growth of 15%, while VNB margin expanded from 20.3% to 23.2% driving 33% growth in value of new business. Axis Bank completed an additional 0.98% stake purchase in Axis Max Life for INR381 crore, raising the insurer's solvency ratio to 198%. Management discussed structure simplification progress following the Insurance Act amendment, ongoing consultations with shareholders on next steps, and ongoing evaluation of capital raising options including a QIP approval valid until May next year.