Mahindra & Mahindra Financial Services Ltd Share Price

Finance - Large

NSE: M&MFIN Mid Cap ISIN: INE774D01024

As on 22 January 2025 at 14:49 IST

₹264.85

-0.40

(-0.15%)

Sell Buy

About Mahindra & Mahindra Financial Services Ltd

Mahindra & Mahindra Financial Services Ltd (MMFSL) is a prominent player in the financial services sector in India. The company primarily focuses on providing financial solutions to the rural and semi-urban markets. It operates within the financial services sector. MMFSL is classified as a non-banking financial company. The company was established on January 1, 1991, initially under the name Maxi Motors Financial Services Limited. The headquarters of MMFSL is located in Mumbai, Maharashtra. MMFSL's main products and services encompass a variety of financial solutions tailored to meet the needs of its target market. Read More...

Over 1 Month

0.04%

Over 6 Months

-9.29%

Over 1 Year

-1.96%

Over 3 Years

70.85%

Mahindra & Mahindra Financial Services Ltd Summary

Close ₹ 264.85

Open ₹ 265.50

High ₹ 266.90

Low ₹ 259.50

Volume 6,39,601

Net Turnover (in ₹) ₹ 23,39,04,387.15

52Wk High ₹ 343

52Wk Low ₹ 246.20

52Wk High / Low

246.20

343

Mahindra & Mahindra Financial Services Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 32,773.96

EPS (TTM) 16.63

Book Value (BV) 147.97

Div. Yield 2.37 %

P/E (TTM) 15.95

Price/Book Value 1.79

Delivery % 41.49 %

Face Value 2

Key Ratios

PE Ratio 19.56

PB Ratio 1.89

EV to Sales 9.15

PEG Ratio -1.71

ROA 1.59

ROE 9.98

Debt-Equity 4.74

Net Profit Margin 12.97

Operating Profit Margin 66.44

Mahindra & Mahindra Financial Services Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	15,970.32	12,832.40	11,400.51	12,170.50	11,996.46
Total Expenses	13,438.25	10,015.90	9,916.68	11,504.44	10,440.33
Profit Before Tax	2,588.18	2,803.76	1,549.42	934.14	1,602.03
Profit After Tax	1,943.05	2,071.20	1,150.34	780.28	1,085.82
Operating Profit after Depreciation	2,532.07	2,816.50	1,483.83	666.06	1,556.13

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,113.40	873.24	517.38	400.43	455.92
Total Non Current Assets	1,17,857.62	98,138.24	77,782.47	80,557.70	79,238.90
Total Current Assets	5,858.17	6,946.53	6,026.18	5,043.29	2,553.68
TOTAL ASSETS	1,23,715.79	1,05,084.77	83,808.65	85,600.99	81,792.58
Total Shareholder's Fund	19,933.25	18,560.09	16,896.31	15,776.37	11,969.01

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-18,448.55	-17,395.32	18.07	5,825.89	-3,115.23
Net Cash used in Investing Activities	2,670.66	-1,635.30	3,111.60	-8,348.45	-2,689.11
Net Cash used in Financing Activities	16,094.90	18,851.97	-3,172.88	2,548.49	6,049.72

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	13,562.42	11,056.09	9,718.80	10,516.81	10,245.14
Total Expenses	11,206.95	8,303.51	8,361.89	10,100.48	8,901.38
Profit Before Tax	2,355.47	2,698.07	1,356.91	422.43	1,343.76
Profit After Tax	1,759.62	1,984.32	988.75	335.15	906.40
Operating Profit after Depreciation	2,355.47	2,752.58	1,356.91	416.33	1,343.76

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	930.82	695.55	392.87	330.12	363.50
Total Non Current Assets	1,10,467.90	90,776.14	70,114.20	72,855.59	71,757.56
Total Current Assets	4,691.31	5,440.41	5,174.53	4,180.86	2,313.65
TOTAL ASSETS	1,15,159.21	96,216.55	75,288.73	77,036.45	74,071.21
Total Shareholder's Fund	18,157.49	17,088.91	15,628.09	14,711.51	11,363.85

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	-18,403.70	-17,484.99	-0.31	4,885.89	-3,151.18
Net Cash used in Investing Activities	1,961.55	-1,320.69	2,612.87	-7,251.84	-2,572.71
Net Cash used in Financing Activities	16,503.45	18,727.56	-2,855.27	2,259.74	5,898.99

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	4,465.15	4,315.52	4,280.32	4,100.08	3,833.25
Total Expenses	3,892	3,636.71	3,380.47	3,254.14	3,427.27
Profit Before Tax	-1,539.46	-1,298.86	-965.15	-971.38	-1,320.10
Profit After Tax	390.03	497.01	670.64	622.95	287.24
Operating Profit after Depreciation	601.63	737.29	967.91	895.61	450.35

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	3,897.48	3,722.21	3,654.01	3,453.63	3,211.94
Total Expenses	3,365.68	3,010.02	2,814.12	2,698.35	2,868.21
Profit Before Tax	-1,441.60	-1,142.20	-903.52	-940.85	-1,250.19
Profit After Tax	369.47	512.96	618.99	552.79	235.18
Operating Profit after Depreciation	559.38	750.13	891.98	792.07	372.28

Mahindra & Mahindra Financial Services Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 262.60

S2 259.95

S3 255.40

Pivot 267.15

R1 269.80

R2 274.35

R3 277

Moving Average

20 SMA 269.74

50 SMA 271.04

100 SMA 287.47

200 SMA 287.69

Mahindra & Mahindra Financial Services Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Mahindra & Mahindra Financial Services Ltd

₹6.3/Share

Announcement Date 16 Jul 2024

Record Date 17 Jul 2024

Div Yield 315%

AGM Date: 28 Jul 2022

AGM 30/07/2022 Further to our letter(s) dated 12th April 2022, 26th April 2022 and 2nd May 2022 and in compliance with Regulations 30 and 42 read with Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the further outcome of the Board meeting. Further to our letter(s) dated 12th April 2022, 26th April 2022 and 2nd May 2022 and in compliance with Regulations 30 and 42 read with Schedule III and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed the further outcome of the Board meeting (As Per BSE Announcement Dated on 02-05-2022) In compliance with Regulation 42 and other applicable regulations, if any, of the Listing Regulations, we hereby inform you that the Register of Members and Share Transfer Books of the Company will remain closed from Friday, 22nd July 2022 to Thursday, 28th July 2022 (both days inclusive) for the purpose of 32nd Annual General Meeting ('AGM') and payment of Dividend (subject to Tax Deducted at Source), if declared at the ensuing AGM of the Company to be held on 28th July 2022 (As Per BSE Announcement Dated on 05.05.2022) In compliance with Regulations 30, 34, 53 and other applicable provisions of the Listing Regulations, please find enclosed the following: 1) Notice of the 32nd AGM of the Company (including e-voting instructions). The brief details of the agenda items proposed to be transacted at the 32nd AGM. 2) Integrated Annual Report for the Financial Year 2021-22. In compliance with Regulations 30, 34, 53 and other applicable provisions of the Listing Regulations, please find enclosed the following: 1) Notice of the 32nd AGM of the Company (including e-voting instructions). The brief details of the agenda items proposed to be transacted at the 32nd AGM are given in Annexure I'. 2) Integrated Annual Report for the Financial Year 2021-22. (As Per BSE Announcement Dated on 03.07.2022) In compliance with Regulation 30(6) read with Schedule III, Part A, Para A (13) and other applicable provisions of the Listing Regulations, please find enclosed proceedings of the 32nd Annual General Meeting of the Company held on Thursday, 28th July 2022 at 3:30 p.m. (IST) through Video Conferencing ('VC'). Pursuant to applicable provisions of the Listing Regulations, we hereby inform you that the Members at their 32nd Annual General Meeting ('AGM') held on 28th July 2022 have approved the appointment of Messrs. Deloitte Haskins & Sells, Chartered Accountants and Messrs. Mukund M. Chitale & Co., Chartered Accountants as the Joint Statutory Auditors of the Company, for a period of two consecutive years , from the conclusion of the Thirty-second AGM till the conclusion of the Thirty-fourth AGM of the Company to be held in the year 2024. In compliance with Regulation 44 and other applicable provisions of the Listing Regulations, please find enclosed Voting Results (remote e-voting and e-voting at the venue of the 32nd Annual General Meeting) of the business transacted at the Annual General Meeting of the Company held on Thursday, 28th July 2022 at 3:30 p.m. (IST) in the prescribed format pursuant to Regulation 44(3) of the Listing Regulations together with the Combined Scrutinizer's Report thereon as Annexure I. (As per BSE Announcement Dated on 29/07/2022) Mahindra & Mahindra Financial Services Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. (As Per BSE Announcement Dated on 30/07/2022)

AGM Date: 28 Jul 2023

The Board of Directors of Mahindra & Mahindra Financial Services Limited ('the Company'), at its meeting held today viz. Friday, 28th April 2023, have, inter-alia, approved the following: The 33rd Annual General Meeting ('AGM') of the Company will be held on Friday, 28th July 2023. In compliance with Regulation 42 and other applicable regulations, if any, of the Listing Regulations, we hereby inform you that the Register of Members and Share Transfer Books of the Company will remain closed from Saturday, 22nd July 2023 to Friday, 28th July 2023 (both days inclusive) for the purpose of 33rd Annual General Meeting ('AGM') and payment of Dividend (subject to Tax Deducted at Source), if declared at the ensuing AGM of the Company to be held on Friday, 28th July 2023. Appointment/ Re-appointment of Directors - Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 pursuant to the approval of Shareholders at the 33rd Annual General Meeting Intimation under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements ) Regulations, 2015 - Amendments to Memorandum of Association of the Company Intimation of institution of ''Mahindra and Mahindra Financial Services Limited - Restricted Stock Units Plan 2023'' In compliance with regulation 44 please find the Voting results along with scrutinizer report. (As Per BSE Announcement Dated on 29.07.2023)

AGM Date: 23 Jul 2024

The 34th AGM of the Company will be held on Tuesday, 23rd July 2024. Please refer file enclosed (As Per BSE Announcement Dated on 05.05.2024) Proceedings of the 34th Annual General Meeting of the Company Scrutinizer''s Report of 34th AGM along with voting results. (As Per BSE Announcement dated on 23.07.2024)

Mahindra & Mahindra Financial Services Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Mahindra & Mahindra Financial Services Ltd	₹265.20	₹32,767.78
Bajaj Finance Ltd	₹7,287.05	₹4,51,065.82
Bajaj Finserv Ltd	₹1,715.55	₹2,73,915.37
Indian Railway Finance Corporation Ltd	₹142.40	₹1,86,095.53
Jio Financial Services Ltd	₹260.15	₹1,65,280.69
Power Finance Corporation Ltd	₹427	₹1,40,914.35

Mahindra & Mahindra Financial Services Ltd News

Mahindra & Mahindra Financial Services receives credit ratings from India Ratings & Research

18 Jan 2025, 12:11 pm

Mahindra & Mahindra Financial Services receives ratings action from CRISIL

18 Jan 2025, 12:07 pm

Mahindra Finance records disbursements of Rs 16,450 crore in Q3

Mahindra & Mahindra Financial Services informed that the company's overall disbursement for Q3 FY25 is expected around Rs 16,450 crore, a YoY groeth of 7% over previous year.

04 Jan 2025, 12:03 pm

Mahindra & Mahindra Financial Serv. to hold board meeting

On 28 January 2025

24 Dec 2024, 10:50 am

Mahindra & Mahindra Financial Services receives credit ratings from India Ratings & Research

18 Nov 2024, 07:13 pm

Mahindra & Mahindra Financial Services Ltd Stock Analysis

Annual revenue for Mahindra & Mahindra Financial Services Ltd increased by 22.67% to ₹13,562.42 crore in FY 2024 from ₹11,056.09 crore in FY 2023.
Annual Net Profit for Mahindra & Mahindra Financial Services Ltd decreased by 11.32% to ₹1,759.62 crore in FY 2024 from ₹1,984.32 crore in FY 2023.
Promoter Shareholding in Mahindra & Mahindra Financial Services Ltd remains unchanged by 0.00% in the most recent quarter, from 52.16% in September 2024 to 52.16% in December 2024.
Mahindra & Mahindra Financial Services Ltd delivered a 1-year return of -1.96% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Mahindra & Mahindra Financial Services Ltd share price moved down by 0.15% from its previous close of INR ₹265.25. The latest Mahindra & Mahindra Financial Services Ltd share price is INR ₹264.85.
Mahindra & Mahindra Financial Services Ltd share price today has been at a low of 259.50 and a high of 266.90. Over the past 52 weeks, the Mahindra & Mahindra Financial Services Ltd share price has seen a low of 246.20 and a high of 343.

About Mahindra & Mahindra Financial Services Ltd

Mahindra & Mahindra Financial Services Ltd (MMFSL) is a prominent player in the financial services sector in India. The company primarily focuses on providing financial solutions to the rural and semi-urban markets. MMFSL offers a variety of financial products, such as personal loans. It also provides services like insurance broking, housing finance, fixed deposits, and mutual fund schemes.

MMFSL operates in the financial services sector and is classified as a non-banking financial company (NBFC). The company was established on January 1, 1991, initially under the name Maxi Motors Financial Services Limited. The company received its certificate of commencement of business on February 19, 1991. It later changed its name to Mahindra & Mahindra Financial Services Limited on November 3, 1992.

The headquarters of MMFSL is located in Mumbai, Maharashtra, India. The company is a subsidiary of the Mahindra Group, a well-known conglomerate in India. The promoters of the company include Mahindra & Mahindra Limited, with a 52.16% stake. The company has a team of managerial promoters who manage the operations of the company. They are-

Anish Shah
Raul Rebello
Ashwani Ghai
Amarjyoti Barua
Rebecca Nugent

MMFSL's main products and services encompass a variety of financial solutions tailored to meet the needs of its target market. They include vehicle financing for auto and utility vehicles, tractors, cars, commercial vehicles, and construction equipment. The company also provides financing for pre-owned vehicles and SME financing for projects, equipment, and working capital. Additionally, it offers housing finance targeted at the rural and semi-urban population.

MMFSL is one of India’s top tractor financers. It has a strong presence across the country, with an extensive network of over 1,386 offices. The company is also recognized for its commitment to sustainable growth and has been listed on the Dow Jones Sustainability Index for Emerging Markets. The registered office of MMFSL is in Apollo Bunder, Mumbai. Meanwhile the office of the registrars is in the Financial District, Hyderabad.

The vision Mahindra & Mahindra Financial Services Limited

Mahindra & Mahindra Financial Services Ltd (MMFSL) envisions a future where financial inclusion is a reality for all, especially in rural and semi-urban India. The company aims to bridge the gap between organized banking and the unorganized financial sector. This vision is based on the belief that everyone should have access to financial services. It emphasizes inclusivity, regardless of location or economic status.

The company’s mission is to empower individuals and businesses by providing them with the financial tools they need to succeed. MMFSL focuses on creating products and services that cater to the unique needs of its customers. This includes vehicle financing, SME financing and mutual fund investments. Each product is designed to support the economic growth of its customers and, by extension, the nation.

MMFSL's vision extends beyond just providing financial services. The company is committed to making a positive impact on the communities it serves. This is achieved through various initiatives aimed at promoting financial literacy and economic development. MMFSL believes that educating customers about financial management can empower them to make better financial decisions. This, in turn, can improve their overall quality of life.

Sustainability is a key component of MMFSL's vision. The company is dedicated to operating in a manner that is environmentally responsible and socially inclusive. This includes implementing sustainable business practices and supporting initiatives that promote environmental conservation.

Innovation is at the heart of MMFSL's vision. The company continuously seeks to develop new and improved financial products and services. This is done by leveraging technology and staying abreast of the latest industry trends. MMFSL aims to provide its customers with innovative solutions that meet their evolving needs and help them achieve their financial goals.

Customer-centricity is another core aspect of MMFSL's vision. The company strives to build strong relationships with its customers by understanding their needs and providing personalized solutions.

MMFSL's vision also includes a commitment to excellence. The company aims to be a leader in the financial services industry by maintaining high standards of quality and performance.

The company’s vision is supported by a strong corporate culture that values integrity and accountability. MMFSL believes that by adhering to these principles, it can build trust with its customers and stakeholders. This trust is essential for the company to achieve its long-term goals and sustain its growth.

MMFSL's vision is also aligned with the broader goals of the Mahindra Group. The company aims to contribute to the group's mission of driving positive change and creating value for all its stakeholders. This includes not only its customers but also its employees and the communities in which it operates.

The company’s vision is reflected in its strategic priorities. These include expanding its reach to underserved markets, enhancing its product offerings, and improving its operational efficiency. MMFSL aims to achieve these goals by leveraging its strengths and capitalizing on opportunities in the market.

MMFSL's vision is also focused on building a strong and resilient organization. The company aims to achieve this by investing in its people and fostering a culture of learning and development.