statements

Mahindra & Mahindra Financial Services Ltd.

NSE: M&MFIN

BSE: 532720

Sector: Financial Services

Industry Group: Finance

Industry: Non Banking Financial Company (NBFC)

331.65-0.6 (-0.17%)

8 Jul, 12:00 AM

Overview Analysis Statements Technicals Forecast Peers Resources News

Income Statement

Abridged

Understanding Income Statement

Mahindra & Mahindra Financial Services Ltd. income statement covering revenue, operating profit, EBITDA, PAT and EPS across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	C 2016 Mar 31	2017 Mar 31	R 2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Total Revenue	2,819	4,008	5,128	5,863	6,381	6,924	7,817	10,241	11,809	12,241	11,211	12,358	14,930	17,416	19,688
Cost of Operating Revenue	1,140	1,671	2,281	2,643	2,868	3,186	3,436	4,432	5,370	5,288	4,398	5,064	6,923	8,375	8,894
Total Operating Expenses	1,871	2,671	3,692	4,498	5,201	6,137	5,293	6,790	8,866	9,871	9,828	11,124	12,505	14,090	15,682
Operating Profit	948	1,337	1,436	1,365	1,181	786	2,524	3,451	2,943	2,370	1,383	1,234	2,425	3,325	4,005
Operating Margin	33.6	33.4	28.0	23.3	18.5	11.4	32.3	33.7	24.9	19.4	12.3	10.0	16.2	19.1	20.3
Financing Income/(Expense) - Net	0	0	1	1	2	1	-	-	-20	-20	-19	-30	-36	-40	-40
Profit before Taxes	961	1,353	1,462	1,400	1,224	838	1,905	2,841	1,602	934	1,549	2,804	2,588	3,027	3,826
Income Taxes	317	424	497	475	437	308	689	973	395	154	408	733	645	766	965
Profit after Tax	643	927	954	913	772	512	1,185	1,827	1,075	773	1,137	2,072	1,933	2,262	2,855
PAT Margin	22.8	23.1	18.6	15.6	12.1	7.4	15.2	17.8	9.1	6.3	10.1	16.8	12.9	13.0	14.5
EPS - Basic - ex Extraordinary Items	7.44	10.34	10.05	9.61	8.12	5.37	12.10	17.64	11.54	6.80	8.91	16.35	15.24	17.83	20.88
EPS - Diluted - ex Extraordinary Items	7.34	10.22	9.95	9.52	8.06	5.34	12.08	17.60	11.52	6.79	8.90	16.34	15.23	17.82	20.86
EBIT	948	1,337	1,436	1,365	1,181	786	2,524	3,451	2,943	2,370	1,383	1,234	2,425	3,325	4,005
EBITDA	968	1,361	1,462	1,410	1,226	840	2,579	3,526	3,090	2,521	1,535	1,460	2,700	3,646	4,384
EBITDA Margin	34.3	34.0	28.5	24.1	19.2	12.1	33.0	34.4	26.2	20.6	13.7	11.8	18.1	20.9	22.3

Balance Sheet

Abridged

Understanding Balance Sheet

Mahindra & Mahindra Financial Services Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	R 2012 Mar 31	R 2013 Mar 31	2014 Mar 31	2015 Mar 31	C 2016 Mar 31	R 2017 Mar 31	R 2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR
Property Plant & Equipment - Net	102	112	124	114	123	130	137	168	428	390	461	855	983	1,028	1,077
Total Assets	19,420	27,071	34,057	38,633	45,007	48,899	58,730	74,576	81,793	85,601	83,809	1,05,085	1,23,716	1,44,105	1,58,644
Deposits - Total	-	-	-	-	-	4,244	3,052	5,631	8,781	9,366	8,286	5,459	7,175	11,374	14,130
Long Term Debt	9,911	13,815	18,254	16,865	20,341	24,205	31,428	40,899	37,468	36,540	35,792	44,542	61,458	71,589	62,020
Total Liabilities	16,381	22,468	28,727	32,641	38,470	41,792	48,730	63,228	69,734	69,725	66,771	86,383	1,03,741	1,22,532	1,31,952
Total Shareholders' Equity	3,031	4,580	5,294	5,943	6,469	7,010	9,855	11,269	11,969	15,776	16,896	18,560	19,933	21,529	26,639
Minority Interest	8	24	36	49	68	98	145	79	90	99	141	141	42	44	53
Total Equity	3,039	4,603	5,330	5,992	6,537	7,108	10,000	11,348	12,059	15,876	17,038	18,701	19,975	21,573	26,692
Total Liabilities & Equity	19,420	27,071	34,057	38,633	45,007	48,899	58,730	74,576	81,793	85,601	83,809	1,05,085	1,23,716	1,44,105	1,58,644
Total Current Assets	9,313	12,136	15,358	17,412	20,628	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	6,035	8,091	9,863	15,121	17,204	-	-	-	-	-	-	-	-	-	-

Cash Flow

Abridged

Understanding Cash Flow Statement

Mahindra & Mahindra Financial Services Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	R 2013 Mar 31	C 2014 Mar 31	C 2015 Mar 31	R 2016 Mar 31	C 2017 Mar 31	R 2018 Mar 31	2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR
Operating CF bef Changes in Working Cap	548	718	982	1,419	1,478	1,563	2,013	2,835	3,460	4,076	4,835	4,321	4,131	3,353	4,914
Working Capital - Increase/(Decrease)	-6,828	-8,160	-7,515	-5,389	-6,435	-8,030	-10,361	-14,685	-6,414	2,123	-4,402	-21,151	-22,051	-18,429	-17,186
Net CF from Operating Activities	-6,280	-7,442	-6,533	-3,970	-4,957	-6,467	-8,348	-11,850	-2,953	6,199	432	-16,830	-17,920	-15,077	-12,272
Capital Expenditures - Net	40	34	40	39	53	62	69	133	116	41	294	399	271	373	348
Net CF from Investing Activities	102	-181	-470	34	-440	-97	82	-1,441	-2,851	-8,721	2,696	-2,201	2,142	-1,602	269
Dividends Paid - Cash - Total	124	188	244	262	286	289	184	322	517	-	99	444	740	778	903
Stock - Issuance/(Retirement) - Net	20	902	4	6	8	16	2,081	0	-	3,070	-	-	-	-	2,989
Debt - LT & ST - Issuance/(Retirement) - Total	4,638	5,366	5,633	3,273	4,714	6,598	6,230	13,833	6,567	-521	-3,074	19,296	16,835	18,383	8,552
Net Cash Flow from Financing Activities	6,089	7,696	6,983	3,907	5,431	6,766	8,174	13,490	6,050	2,548	-3,173	18,852	16,095	17,605	10,637
Free Cash Flow to Equity	-1,682	-2,110	-940	-736	-296	69	-2,187	1,849	3,497	5,636	-2,935	2,068	-1,356	2,934	-4,068
Free Operating CF net dividend	-6,445	-7,665	-6,818	-4,277	-5,298	-6,818	-8,602	-12,307	-3,588	6,153	33	-17,687	-18,983	-16,296	-13,592
Free Operating CF	-6,321	-7,477	-6,574	-4,015	-5,012	-6,530	-8,419	-11,986	-3,071	6,153	132	-17,243	-18,243	-15,519	-12,688

Business Segment Analysis

FY End:

Mar 26

Mahindra & Mahindra Financial Services Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Revenue / Sales

Financing Activities (92.8%)₹ 19,774.61 CrOthers (7.2%)₹ 1,524.08 Cr

Assets

Financing Activities (98.4%)₹ 1,56,107.65 CrUnallocated (0.9%)₹ 1,449.19 CrOthers (0.7%)₹ 1,087.10 Cr

Regional Segment Analysis

FY End:

Mar 26

Mahindra & Mahindra Financial Services Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

India (100.0%)₹ 19,687.73 Cr

Assets

India (100.0%)₹ 1,58,643.94 Cr

Historical Segment Analysis

Track how Mahindra & Mahindra Financial Services Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Business

Regional

Business

	2010 Mar 31	2011 Mar 31	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	2017 Mar 31	2018 Mar 31	2019 Mar 31

Financing Activities	15	48	47	35	43	41	53	55	64	123
Others	0	1	1	1	0	2	4	4	6	9

Frequently Asked Questions

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

The latest trailing twelve month revenue of Mahindra & Mahindra Financial Services Ltd. is ₹ 19,687.70 Cr, reflecting a 1-year growth of 13.05% and a 3-year CAGR of 16.79%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of Mahindra & Mahindra Financial Services Ltd.?

The latest trailing twelve month net profit (PAT) of Mahindra & Mahindra Financial Services Ltd. is ₹ 2,854.53 Cr, with a 3-year earnings CAGR of 8.53%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

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

The trailing twelve month EBITDA of Mahindra & Mahindra Financial Services Ltd. is approximately ₹ 6,290.79 Cr (based on an operating margin of 31.95%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

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

The trailing twelve month Earnings Per Share (EPS) of Mahindra & Mahindra Financial Services Ltd. is 20.88. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of Mahindra & Mahindra Financial Services Ltd.?

The debt-to-equity ratio of Mahindra & Mahindra Financial Services Ltd. stands at 4.29. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of Mahindra & Mahindra Financial Services Ltd.?

The estimated book value per share of Mahindra & Mahindra Financial Services Ltd. is 191.74 (derived from a P/B ratio of 1.73 and market price of ₹ 331.65), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of Mahindra & Mahindra Financial Services Ltd.?

The trailing twelve month operating cash flow of Mahindra & Mahindra Financial Services Ltd. is ₹ -12,271.80 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does Mahindra & Mahindra Financial Services Ltd. report consolidated or standalone financials?

Mahindra & Mahindra Financial Services Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.