Mahindra & Mahindra Financial Services Ltd (M&MFIN)
₹356.50
Mkt cap
₹49,552 Cr
P/E ratio
14.80
P/B
1.86
Div yield
2.10%
ROE
12.30%
ROCE
8.72%
EPS (TTM)
₹24.09
Book value
₹192
52W range
249–404
Sector
Financial Services
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]
Health check
Mixed
ValuationCheap
ProfitabilityWeak
TechnicalsNeutral
52-week range
−11.84% from high₹357
₹249+43.14% from low₹404
Current
₹356.50
Prev close
₹358.00
Day
−0.42%
Price performance
1D
−0.42%
1W
+10.53%
1M
+8.51%
3M
+21.09%
6M
+1.31%
1Y
+36.25%
YTD
−11.53%
Financials
FRevenue, profit & margin
P/E ratio
14.8×
M&MFIN is 29% below the sector median of 20.9×
M&MFIN14.8×
Sector median20.9×
| 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
EResults 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 +0.64% · closed higher next day 37 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 | 9 May '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% | +5.16% | +1.03% | +5.85% | +1.11% | +7.91% | +8.46% |
| +1 day | −11.52% | +1.79% | −3.82% | −2.03% | −4.52% | +1.71% | +4.94% | −1.39% | +5.27% | +1.46% | +6.20% | +17.24% |
| +5 days | −5.27% | +6.17% | −1.25% | +2.50% | −2.66% | +9.49% | +11.47% | −4.15% | +4.00% | +1.39% | +3.79% | — |
| +15 days | −0.77% | +3.38% | +0.80% | −2.69% | −8.81% | +0.29% | +9.34% | −2.24% | +15.57% | +2.50% | +8.58% | — |
| +30 days | −2.02% | −4.53% | +15.20% | +11.24% | −0.89% | −0.64% | +9.89% | +0.02% | +13.47% | −10.79% | −5.83% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 7.50 Per Share | 7.50 | 13 Jul '26 | 13 Jul '26 |
Results analysis
Shareholding
Sas of Jun 202652.49%Promoter
Promoters52.49%
FIIs9.53%0.13
DIIs31.48%0.61
Public6.46%0.48
Ownership trend
Peers
P8 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 |
|---|---|---|---|---|---|---|---|---|---|
| Bajaj Finance | ₹1,012.80 | 32.80 | 6,30,565 | 0.53% | 5,553 | +21.99% | 21,606 | +18.10% | 10.87% |
| Shriram Finance | ₹1,005.10 | 20.90 | 2,36,495 | 1.07% | 3,453 | +59.89% | 13,400 | +16.16% | 11.49% |
| Cholaman.Inv.&Fn | ₹1,724.40 | 28.07 | 1,47,032 | 0.12% | 1,645 | +30.62% | 8,417 | +19.46% | 9.71% |
| Tata Capital | ₹341.90 | 29.75 | 1,45,132 | 0.17% | 1,466 | +42.82% | 8,160 | +9.12% | 8.58% |
| Muthoot Finance | ₹2,986.70 | 11.32 | 1,19,907 | 1.00% | 3,397 | +126.67% | 9,289 | +65.23% | 15.77% |
| L&T Finance Ltd | ₹302.40 | 23.66 | 75,771 | 0.91% | 916 | +28.72% | 5,213 | +22.38% | 8.40% |
| SBI Cards | ₹618.75 | 25.88 | 58,883 | 0.40% | 664 | +19.51% | 5,041 | +3.36% | 10.10% |
| M & M Fin. Serv. | ₹356.50 | 14.78 | 49,552 | 2.10% | 927 | +75.43% | 5,718 | +14.57% | 8.72% |
| Median: 98 Co. | ₹126.72 | 20.90 | 487 | 0.00% | 5 | +28.93% | 42 | +18.10% | 9.71% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts87
PPTJul 2026RECJul 2026TranscriptApr 2026PPTApr 2026RECApr 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025PPTOct 2025RECOct 2025TranscriptJul 2025PPTJul 2025TranscriptApr 2025PPTApr 2025RECApr 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptOct 2024PPTOct 2024PPTOct 2024TranscriptJul 2024PPTJul 2024
Credit ratings6
Announcements5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12hShareholder Meeting / Postal Ballot-Scrutinizer''s Report 1dAnnouncement under Regulation 30 (LODR)-Newspaper Publication 2d - Newspaper Publication-Extract of Financial Result-Q1 FY2027Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 21 Jul - Q1 FY27 earnings conference call audio uploaded on website on 21 July 2026.Shareholder Meeting / Postal Ballot-Outcome of AGM 21 Jul