Mahindra & Mahindra Financial Services Ltd (M&MFIN)
₹373.40
Mkt cap
₹51,764 Cr
P/E ratio
15.40
P/B
1.94
Div yield
2.01%
ROE
12.30%
ROCE
8.72%
EPS (TTM)
₹24.25
Book value
₹192
52W range
260–412
Sector
Financial Services
Price history
Previous close
Mahindra & Mahindra Financial Services Limited (MMFSL), a part of the Mahindra Group,is a NBFC primarily engaged in the business of financing purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment and SME Financing. [1]
NSE M&MFINBSE 532720
Health check
Constructive
ValuationCheap
ProfitabilityWeak
TechnicalsBullish
52-week range
−9.43% from high₹373
₹260+43.78% from low₹412
Current
₹373.40
Prev close
₹372.95
Day
+0.12%
Price performance
1D
+0.12%
1W
+2.47%
1M
−9.43%
3M
+34.68%
6M
+2.37%
1Y
+43.23%
YTD
−7.33%
Financials
Revenue, profit & margin
P/E ratio
15.4×
M&MFIN is 21% below the sector median of 19.4×
M&MFIN15.4×
Sector median19.4×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,583 | 3,833 | 4,100 | 4,280 | 4,316 | 4,465 | 4,797 | 4,886 | 4,991 | 5,026 | 5,450 | 5,539 | 5,718 | |
| Interest | 1,597 | 1,703 | 1,798 | 1,861 | 1,960 | 2,062 | 2,175 | 2,218 | 2,280 | 2,198 | 2,236 | 2,220 | 2,372 | |
| Expenses | 1,504 | 1,724 | 1,456 | 1,520 | 1,676 | 1,830 | 1,325 | 2,001 | 1,964 | 2,015 | 1,913 | 1,987 | 2,034 | |
| Financing Profit | 482 | 406 | 846 | 900 | 679 | 573 | 1,297 | 667 | 746 | 814 | 1,301 | 1,332 | 1,312 | |
| Financing Margin % | 13% | 11% | 21% | 21% | 16% | 13% | 27% | 14% | 15% | 16% | 24% | 24% | 23% | |
| Other Income | 67 | 44 | 50 | 68 | 58 | 28 | 19 | 27 | 43 | 39 | -100 | 37 | 29 | |
| Depreciation | 66 | 67 | 69 | 72 | 76 | 79 | 82 | 85 | 86 | 94 | 96 | 110 | 99 | |
| Profit before tax | 483 | 383 | 826 | 896 | 661 | 523 | 1,233 | 609 | 704 | 759 | 1,105 | 1,259 | 1,242 | |
| Tax % | 25% | 25% | 25% | 25% | 25% | 25% | 26% | 25% | 25% | 25% | 25% | 25% | 25% | |
| Net Profit | 362 | 287 | 623 | 671 | 497 | 390 | 918 | 456 | 529 | 566 | 826 | 940 | 927 | |
| EPS in Rs | 2.58 | 2.02 | 4.48 | 4.82 | 3.58 | 2.80 | 6.60 | 3.29 | 3.80 | 4.06 | 5.93 | 6.75 | 6.66 | |
| Gross NPA % | ||||||||||||||
| Net NPA % | ||||||||||||||
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.41% · closed higher next day 35 of last 61
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 27 Oct '23◦ | 31 Jan '24 | 5 May '24◦ | 24 Jul '24 | 22 Oct '24◦ | 29 Jan '25 | 22 Apr '25◦ | 22 Jul '25 | 28 Oct '25◦ | 28 Jan '26◦ | 24 Apr '26◦ | 21 Jul '26 |
| Earnings day | −11.47% | +3.45% | −2.70% | +0.96% | −5.01% | −0.73% | −2.61% | +1.03% | +5.85% | +1.11% | +7.91% | +8.46% |
| +1 day | −11.52% | +1.79% | −3.82% | −2.03% | −4.52% | +1.71% | −3.08% | −1.39% | +5.27% | +1.46% | +6.20% | +17.24% |
| +5 days | −5.27% | +6.17% | −1.25% | +2.50% | −2.66% | +9.49% | −5.45% | −4.15% | +4.00% | +1.39% | +3.79% | +15.80% |
| +15 days | −0.77% | +3.38% | +0.80% | −2.69% | −8.81% | +0.29% | −1.60% | −2.24% | +15.57% | +2.50% | +8.58% | +23.64% |
| +30 days | −2.02% | −4.53% | +15.20% | +11.24% | −0.89% | −0.64% | −2.60% | +0.02% | +13.47% | −10.79% | −5.83% | +12.97% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 7.50 Per Share | 7.50 | 13 Jul '26 | 13 Jul '26 |
Shareholding
as of Jun 202652.49%Promoter
Promoters52.49%
FIIs9.53%0.13
DIIs31.48%0.61
Public6.46%0.48
Ownership trend
Peers
8 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCE | ₹1,060.00 | 32.22 | 6,59,951 | 0.51% | 6,081 | +27.37% | 23,165 | +18.65% | 10.87% |
| SHRIRAMFIN | ₹1,037.00 | 21.56 | 2,44,004 | 1.04% | 3,453 | +59.89% | 13,400 | +16.16% | 11.49% |
| CHOLAFIN | ₹1,848.20 | 27.45 | 1,57,848 | 0.11% | 1,656 | +45.56% | 8,856 | +21.87% | 9.71% |
| TATACAP | ₹369.95 | 28.90 | 1,57,060 | 0.15% | 1,628 | +56.32% | 8,822 | +15.10% | 8.58% |
| MUTHOOTFIN | ₹2,880.00 | 10.17 | 1,15,623 | 1.04% | 2,825 | +38.83% | 8,672 | +34.44% | 15.80% |
| LTF | ₹312.50 | 24.46 | 78,324 | 0.88% | 916 | +28.72% | 5,213 | +22.38% | 8.40% |
| SBICARD | ₹674.65 | 28.22 | 64,203 | 0.37% | 664 | +19.51% | 5,041 | +3.36% | 10.10% |
| M&MFIN | ₹372.35 | 15.44 | 51,764 | 2.01% | 927 | +75.43% | 5,718 | +14.57% | 8.72% |
| Median: 100 Co. | ₹130.84 | 19.41 | 517 | 0.00% | 11 | +38.31% | 49 | +27.36% | 9.60% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts88
TranscriptJul 2026PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025PPTOct 2025TranscriptJul 2025PPTJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptOct 2024PPTOct 2024PPTOct 2024TranscriptJul 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 SepAnnouncement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 3 Sep - Allotment of Equity Shares to Mahindra & Mahindra Financial Services Limited Employees'' Stock Option TrustESG Rating 3 Sep - NSE Sustainability rated Mahindra Finance ESG at 76, Leader Category, unchanged for FY2026.ESOP Transfer 28 Aug - On 28 Aug 2026, ESOP Trust transferred 40,495 equity shares to eligible persons.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Aug






