M&MFIN

Mahindra & Mahindra Financial Services Ltd.

NSE: M&MFIN

BSE: 532720

Sector: Financial Services

Industry Group: Finance

Industry: Non Banking Financial Company (NBFC)

319.45-6.3 (-1.93%)

14 Oct, 12:00 AM

Overview Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

28.2 / 100

Value Score

62.3 / 100

Price Momentum Score

67.0 / 100

QVM Score

51.5 / 100

Key Metrics

Market Cap

44397.30

P/E (TTM)

13.65

P/B

1.67

P/S (TTM)

2.19

EV/EBITDA

21.65

CAPE (5Y)

16.28

ROE (TTM)

11.85

ROCE (TTM)

2.95

ROA (TTM)

1.89

Avg 3Y ROE

10.93

Earnings 3Y CAGR

10.68

Sales 3Y CAGR

16.12

Sales 5Y CAGR

12.19

Debt/Equity

4.31

Consensus TP

399.00

Strong Buy %

42.42

Promoter Holding

52.49

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Mahindra & Mahindra Financial Services Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 5.42% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

Not enough data

High and improving operating margin

The company reported strong operating margin of 33.07% for 12-month ended 30 Jun 2026 and operating margin improved by 440 bps from 1 year ago

What is Operating profit margin?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 30.47% for 12-month ended 30 Jun 2026 and the growth was 29.56 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Consistently pays dividend

The company has not missed dividend payments once in the last 5 financial years

What is Dividend streak?

Negative

Not enough talking points with negative stance

Neutral

Looks cheap but is at a premium to industry median P/B

PB of 1.67 indicates that the stock is cheap on a standalone basis but is at a 53.21% premium to industry median P/B

What is P/B Ratio?

Median: 1.09

Value 1.67

051.6

Moderate and stable ROE

The company reported moderate ROE of 11.85% for 12-month ended 30 Jun 2026 and ROE improved marginally by 93 bps from 1 year ago

What is ROE (FY)?

Moderate revenue growth and in line with median growth of industry

The company delivered moderate revenue growth of 12.49% for 12-month ended 30 Jun 2026 and the growth was 0.95 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 11.54

Value 12.49

-2151.9255312.3

High, but decreasing Debt to Equity

The company has high Debt to Equity of 4.31 as on 30 Jun 2026 but Debt to Equity decreased by 0.72 in the last 1 year

What is Debt to Equity?

Moderate dividend yield

The company has a moderate dividend yield of 2.35%

What is Dividend yield?

Financial Snapshot

See detailed analysis

Multi-year trends for Mahindra & Mahindra Financial Services Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

ROA FY

Mahindra & Mahindra Financial Services Ltd. Shareholding Pattern

Quarterly breakdown of Mahindra & Mahindra Financial Services Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	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
Total Promoter	51.19	51.19	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.49	52.49	52.49	52.49	52.49
Indian Promoter	51.19	51.19	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.16	52.49	52.49	52.49	52.49	52.49
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	39.50	36.62	33.86	36.70	36.93	34.47	34.79	34.62	34.06	35.50	39.05	39.84	40.03	40.87	39.93	39.69	40.57	40.73	41.76	41.63	41.99	41.67	41.88	41.46	41.49	41.02
Mutual Funds / UTI	12.14	9.36	9.06	10.78	10.63	9.39	9.48	9.24	10.02	10.56	10.76	11.53	12.58	14.09	14.70	15.74	15.00	16.94	17.62	17.47	17.48	18.38	17.93	17.18	17.01	16.68
FI/Bank/Insurance	3.08	2.95	2.40	3.15	4.73	5.72	5.70	5.70	5.70	6.16	11.24	12.04	12.51	12.77	11.01	11.12	13.51	13.61	13.95	13.68	13.83	13.95	14.36	14.92	14.83	14.53
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	23.94	23.52	21.41	21.22	20.17	17.94	18.99	19.24	17.90	17.55	16.93	16.09	14.85	13.92	14.10	12.72	11.95	10.07	10.19	10.47	10.68	9.33	9.59	9.11	9.40	9.53
Other Institutions	0.34	1.18	0.99	1.56	1.41	1.43	1.24	0.44	0.81	2.38	0.12	0.19	0.09	0.09	0.13	0.10	0.10	0.11	0.01	0.02	0.00	0.00	0.00	0.24	0.25	0.27
Non-Institution	9.32	12.19	13.98	11.13	10.91	13.37	13.05	13.23	13.79	12.34	8.80	8.00	7.82	6.98	7.91	8.16	7.27	7.09	6.08	6.20	5.85	5.84	5.63	6.06	6.02	6.49
Bodies Corporate	4.90	4.82	4.64	4.64	4.79	3.42	4.30	3.93	4.21	3.90	0.90	0.68	0.66	0.48	0.54	0.40	0.36	0.30	0.20	0.19	0.21	0.29	0.21	0.35	0.27	0.35
Others (incl. Retail) No. of shareholders	4.42 76,657	7.37 1,35,354	9.34 2,69,533	6.49 1,90,414	6.12 1,87,283	9.95 2,95,302	8.75 2,36,795	9.30 2,48,938	9.58 2,49,738	8.44 2,16,795	7.90 2,14,037	7.32 1,92,755	7.16 1,85,415	6.50 1,84,813	7.37 2,18,449	7.76 2,38,307	6.91 2,26,505	6.79 2,23,336	5.88 2,10,246	6.01 2,23,596	5.64 2,16,810	5.55 2,26,243	5.42 2,21,660	5.71 2,41,814	5.75 2,35,096	6.14 2,40,622

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Mahindra & Mahindra Financial Services Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Debasish Kar Designated Person	January-2026	Market Sale (Disposal) 1st Jan 2026	0.01 %	₹ 399.57	7.00 k	₹ 27.97 lac
R Sundar Designated Person	November-2025	Market Sale (Disposal) 28th Nov 2025	0.00 %	₹ 363.00	4.50 k	₹ 16.34 lac
Debasish Kar Designated Person	November-2025	Market Sale (Disposal) 27th Nov 2025	0.01 %	₹ 318.75	2.00 k	₹ 6.37 lac
Mahindra & Mahindra Financial Services Limited Employees' Stock Option Trust Other	November-2025	Off Market (Disposal) 27th Nov 2025	0.04 %	₹ 349.85	65.13 k	₹ 2.28 cr
Dharmesh Vakharia Designated Person	November-2025	Market Sale (Disposal) 24th Nov 2025	0.00 %	₹ 349.53	8.00 k	₹ 27.96 lac
Dharmesh Vakharia Designated Person	November-2025	Market Sale (Disposal) 21st Nov 2025	0.00 %	₹ 336.74	16.00 k	₹ 53.88 lac
Dharmesh Vakharia Designated Person	November-2025	Market Sale (Disposal) 20th Nov 2025	0.00 %	₹ 318.12	6.00 k	₹ 19.09 lac
Sandeep Mandrekar Designated Person	November-2025	Market Sale (Disposal) 20th Nov 2025	0.00 %	₹ 325.00	10.00 k	₹ 32.50 lac
Dharmesh Vakharia Designated Person	November-2025	Market Sale (Disposal) 19th Nov 2025	0.00 %	₹ 319.79	7.00 k	₹ 22.39 lac
Dharmesh Vakharia Designated Person	November-2025	Market Sale (Disposal) 19th Nov 2025	0.00 %	₹ 314.00	1.00 k	₹ 3.14 lac

…

Corporate Actions

History of Mahindra & Mahindra Financial Services Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 7.50/share
Record date: 13th Jul 2026Ex-date: 13th Jul 2026
Announced on: 24th Apr 2026
Dividend₹ 6.50/share
Record date: 15th Jul 2025Ex-date: 15th Jul 2025
Announced on: 22nd Apr 2025
Rights Issue(1 new shares @ ₹194 for 8 existing shares)
Ex-date: 14th May 2025Announced on: 28th Apr 2025
"Rights ISIN INE774D20024 CINS Y5S86K104 SEDOL BSLL6D2."
Dividend₹ 6.30/share
Record date: 16th Jul 2024Ex-date: 16th Jul 2024
Announced on: 4th May 2024
Dividend₹ 6/share
Record date: 21st Jul 2023Ex-date: 21st Jul 2023
Announced on: 28th Apr 2023

Company Profile

Overview of Mahindra & Mahindra Financial Services Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Mahindra and Mahindra Financial Services Limited is an India-based non-banking finance company. The Company is offering broad and diverse customer base, primarily located across rural and semi-urban India. The Companys segments include financing activities and other reconciling items. The financing ...

Key personnel

Mr. Pradeep Kumar Agrawal

Chief Financial Officer

Ms. Brijbala Mohanlal Batwal

Company Secretary

Ms. Deepa Ranjeet

Chief Digital Officer FSS and Head of Information Technology

Ketaki Suklikar

Chief Legal Officer

Ms. Brijbala Mohanlal Batwal

Company Secretary

Dr. Anish Dilip Shah, Ph.D.D

Non-Executive Non-Independent Chairman of the Board

Mr. Raul RebelloD

Chief Executive Officer, Managing Director, Executive Director

Mr. Amarjyoti BaruaD

Non-Executive Non-Independent Director

View all

Incorporated on

01 Jan 1991

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

22,637

IPO date

17 Mar 2006

Free Float

64,43,80,106

Website

https://mahindrafinance.com/

Phone no.

+912222895500

Address

4th Floor, Mahindra Towers, Dr. G.M. Bhosale Marg, P.K. Kurne Chowk,Worli, MUMBAI, 400018, India

Frequently Asked Questions

What is the current share price of Mahindra & Mahindra Financial Services Ltd.?

The current share price of Mahindra & Mahindra Financial Services Ltd. is ₹ 319.45 as of 14 Oct 2026.

What is the market capitalisation of Mahindra & Mahindra Financial Services Ltd.?

The market capitalisation of Mahindra & Mahindra Financial Services Ltd. stands at ₹ 44,397.30 Cr.

What is the PE ratio of Mahindra & Mahindra Financial Services Ltd.?

The Price-to-Earnings (PE) ratio of Mahindra & Mahindra Financial Services Ltd. is 13.65 as of the latest trailing twelve months data.

What is the ROE and ROCE of Mahindra & Mahindra Financial Services Ltd.?

Mahindra & Mahindra Financial Services Ltd. has a Return on Equity (ROE) of 11.85% and a Return on Capital Employed (ROCE) of 2.95% as per the latest financial reports.

What is the 52-week high and low of Mahindra & Mahindra Financial Services Ltd.?

The 52-week high of Mahindra & Mahindra Financial Services Ltd. is - and the 52-week low is -.

What is the dividend yield of Mahindra & Mahindra Financial Services Ltd.?

The dividend yield of Mahindra & Mahindra Financial Services Ltd. is 2.35% based on the current market price.

What is the FII and DII holding in Mahindra & Mahindra Financial Services Ltd.?

Foreign Institutional Investors (FII) hold 9.53%, Domestic Institutional Investors (DII) hold 31.21% and retail/public investors hold 6.14% of Mahindra & Mahindra Financial Services Ltd. shares.

What sector does Mahindra & Mahindra Financial Services Ltd. belong to?

Mahindra & Mahindra Financial Services Ltd. operates in the Financial Services sector. 72.73% of analysts have a Buy or Strong Buy rating on Mahindra & Mahindra Financial Services Ltd. with a consensus target price of ₹ 399.00, implying 24.9% upside from current levels.

What is the beta of Mahindra & Mahindra Financial Services Ltd.?

The beta of Mahindra & Mahindra Financial Services Ltd. is 1.54, indicating its price volatility relative to the broader market. Over the past 1 year, Mahindra & Mahindra Financial Services Ltd. has delivered an absolute return of 13.16%.

What is the RSI of Mahindra & Mahindra Financial Services Ltd.?

The 14-day Relative Strength Index (RSI) of Mahindra & Mahindra Financial Services Ltd. is 36.54, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.