Axis Max Life Insurance Limited

Axis Max Life Insurance Limited - financial services in Tehsil Balachaur, Punjab, India. FY 2026 financials and compliance.
CIN U74899PB2000PLC045626 Incorporated 11 July 2000 ROC Chandigarh HQ Tehsil Balachaur, Punjab, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2024
₹691 Cr
▼ 12.00% YoY
EBITDA · FY 2024
*****
In full report
Net profit · FY 2024
*****
In full report
Authorised capital
₹3,000 Cr
Registered with MCA
Paid-up capital
₹2,061.39 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
26 yrs
Est. 2000
Last financials
Mar 2025
Balance sheet date

About Axis Max Life Insurance Limited

Data last updated: 24 December 2025

Axis Max Life Insurance Limited is a public limited company based in Tehsil Balachaur, Punjab, India, a subsidiary of Max Financial Services Limited. It specialises in life insurance providers, a part of the broader financial services sector. Incorporated on 11 July 2000, the company has been in operation for over 26 years.

Registered with ROC Chandigarh under CIN U74899DL2000PLC106723.

Capital: an authorised share capital of ₹3,000 Cr and a paid-up capital of ₹2,061.39 Cr. Formerly known as Max New York Life Insurance Company Limited. It is led by directors including Mohit Talwar and Pradeep Pant.

Last AGM: 13 May 2025. Financial statements filed for year ended 31 March 2025. Office: 419 Bhai Mohan Singh Nagar Railmajra, Tehsil Balachaur, Punjab, India – 144533.

As per the financials filed for FY 2024, the company reported a revenue of ₹691 Cr, a decline of 12% compared to the previous year.

It operates as a subsidiary of Max Financial Services Limited.

The company is associated with 1 brand - Max Life Insurance.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maxlifeinsurance.com.

Company Details of Axis Max Life Insurance Limited
CIN U74899PB2000PLC045626
Registration Number 045626
Incorporation Date 11 July 2000
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 13 May 2025
Date of Balance Sheet 31 March 2025
Parent Company Max Financial Services Limited
Compliance Status Active Compliant
Key People
Sumit Madan Ceo Mohit Talwar Director Pradeep Pant Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    419 Bhai Mohan Singh Nagar Railmajra, Tehsil Balachaur, Punjab, India – 144533
  • Industry
    Financial Services, Life Insurance Providers
Company report
Axis Max Life Insurance Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Axis Max Life Insurance Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited has one previous CIN (Corporate Identification Number): U74899DL2000PLC106723. The current CIN is U74899PB2000PLC045626, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74899PB2000PLC045626 Current
U74899DL2000PLC106723 Previous

Associated Brands with Axis Max Life Insurance Limited

Axis Max Life Insurance Limited operates one associated brand: Max Life Insurance. These brands represent Axis Max Life Insurance Limited's diversified market presence and brand portfolio.

Brand Description Website
Max Life Insurance
Life insurance plans and policies are offered for protection. maxlifeinsurance.com

Competitors & Alternatives of Axis Max Life Insurance Limited

Brands and companies operating in the same space as Axis Max Life Insurance Limited include Allstate, Aflac, MetLife and 5 more.

Competitor Description Location Founded
Allstate Allstate Online insurance for life, property, auto, and business is provided. Chicago, United States, United States 1931
Aflac Aflac Financial protection via accident, life, and supplemental insurance is provided. Columbus, United States, United States 1955
MetLife MetLife Internet-based life, health, auto, home, and pet insurance is offered. New York, United States, United States 1868
Progressive Insurance Progressive Insurance Auto, home, life, health, and business insurance is provided online. Mayfield Heights, United States, United States 1937
AIG AIG AIG is recognized as a leading global insurance organization. New York, United States, United States 1919
Amica Amica Amica Mutual Insurance Company is engaged in providing various insurance products. Lincoln, United States, United States 1907
Direct Line Direct Line Insurance brokerage services are offered online by Direct Line. Leeds, United Kingdom, United Kingdom 1985
CopperPoint CopperPoint Offers workers' compensation and commercial insurance to businesses across various industries. Phoenix, United States, United States 1925

Business Activity of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including life/non-life insurance and reinsurance activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K3 Life/Non-life Insurance and Reinsurance activities *********

Board of Directors of Axis Max Life Insurance Limited

Axis Max Life Insurance Limited is currently managed by 15 directors, with 45 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Mohit Talwar
Also directs: Max India Limited
Director 30 Jan 2016 10 Years 5 Months Current
Pradeep Pant
Also directs: Max India Limited
Director 07 Feb 2019 7 Years 5 Months Current
Sahil Vachani
Also directs: Vstar Ventures Llp, Max Financial Services Limited, Max Estates Limited and 5 more
Director 18 May 2018 8 Years 1 Months Current
Girish Shrikrishna Paranjape
Also directs: Mphasis Limited, Axis Bank Limited, Crisil Limited and 2 more
Director 06 Apr 2021 5 Years 3 Months Current
Mitsuru Yasuda
Also directs: Max Financial Services Limited
Director 24 Jul 2020 5 Years 11 Months Current
Mohanty Subrat
Also directs: Axis Bank Limited, Freecharge Payment Technologies Private Limited, Axis Securities Limited and 1 more
Director 06 Apr 2021 5 Years 3 Months Current
Showing 6 of 15 current directors. View all directors

Financials of Axis Max Life Insurance Limited FY 2025 filings available

Axis Max Life Insurance Limited reported revenue of ₹691 Cr (down 12% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹691 Cr ▼ -12%
Profit
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EBITDA
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Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings Axis Max Life Insurance Limited

Axis Max Life Insurance Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Axis Max Life Insurance Limited

View historical data on people associated with Axis Max Life Insurance Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Axis Max Life Insurance Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Axis Max Life Insurance Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Axis Max Life Insurance Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Axis Max Life Insurance Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Axis Max Life Insurance Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Axis Max Life Insurance Limited

MSME Payment Delays by Axis Max Life Insurance Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Axis Max Life Insurance Limited

Subsidiaries & Group Companies of Axis Max Life Insurance Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Axis Max Life Insurance Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Axis Max Life Insurance Limited

MCA Filings & Documents of Axis Max Life Insurance Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Axis Max Life Insurance Limited

Directors
23 Oct 2025
Sumit Madan was appointed as a Ceo on 23 Oct 2025 & has been associated with this company since 8 months 19 days.
Directors
01 Oct 2025
Sumit Madan was appointed as a CEO on 01 Oct 2025 & has been associated with this company since 9 months 11 days.
Directors
01 Oct 2025
Rajkamal Vempati was appointed as a Additional Director on 01 Oct 2025 & has been associated with this company since 9 months 11 days.
Activity
13 May 2025
Axis Max Life Insurance Limited last Annual general meeting of members was held on 13 May 2025 as per latest MCA records.
Activity
31 Mar 2025
Axis Max Life Insurance Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Directors
29 Apr 2024
Munish Sharda was appointed as a Director on 29 Apr 2024 & has been associated with this company since 2 years 2 months.

Recent News on Axis Max Life Insurance Limited

Vishal Mega Mart IPO listing today
18 Dec 2024 · Thehindubusinessline

Frequently Asked Questions about Axis Max Life Insurance Limited

Axis Max Life Insurance Limited is an active public limited company in the financial services sector based in Tehsil Balachaur, Punjab, India. It was incorporated on 11 July 2000 (26+ years old) and is registered under CIN U74899PB2000PLC045626.

Axis Max Life Insurance Limited reported revenue of ₹691 Cr for FY 2024 (down 12.00% YoY).

The current directors of Axis Max Life Insurance Limited are:

The primary industry of Axis Max Life Insurance Limited is financial services. The company specifically operates in life insurance providers. The company is currently active in this sector.

Axis Max Life Insurance Limited can be reached at the registered office: 419 Bhai Mohan Singh Nagar Railmajra, Tehsil Balachaur, Punjab, India – 144533, or through the website maxlifeinsurance.com.

The authorised capital is ₹3,000 Cr, and the paid-up capital is ₹2,061.39 Cr.

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