Nifty
:
24398.70
Sensex
:
78180.72
-31.65 (-0.13%)
-104.35 (-0.13%)
Nifty
Sensex
:
:
24398.70
78180.72
-31.65 (-0.13%)
-104.35 (-0.13%)

Mahindra & Mahindra Financial Services Ltd.

Finance - NBFC

Rating :
67/99

BSE: 532720 | NSE: M%26MFIN

NSE BSE
332.20
07-Jul-2026
  • Open
  • High
  • Low
  • Previous Close
  •  331
  •  334.45
  •  324
  •  331.80
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  3715407
  •  1228670029.4
  •  412.2
  •  246.35

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 46,188.74
  • 16.18
  • 2
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,66,991.06
  • 2.26%
  • 1.74

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 52.49%
  • 0.27%
  • 5.27%
  • FII
  • DII
  • Others
  • 9.4%
  • 21.51%
  • 11.06%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 11.38
  • 13.17
  • 9.96

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 12.55
  • 17.41
  • 6.49

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 18.76
  • 20.22
  • 13.88

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 16.11
  • 16.45
  • 16.87

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.71
  • 1.66
  • 1.76

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 11.87
  • 11.93
  • 10.16

Earnings Forecasts:

(Updated: 04-07-2026)
Description
2026
2027
2028
2029
Adj EPS
65
-7
18
20.58
P/E Ratio
5.11
-47.46
18.46
16.14
Revenue
12.82
11.1
10
10044.5
EBITDA
11557.8
13082.9
14982.1
5724.46
Net Income
6833.83
7798.93
8637.5
2825.25
ROA
3441.83
3981.82
4393.35
1.95
P/B Ratio
0.00
0.00
0.00
1.91
ROE
1.65
1.49
1.32
12.74
FCFF
13.36
14.05
14.1
-
FCFF Yield
-
-
-
-
Net Debt
-
-
-
100609
BVPS
112035
126329
142719
174.02

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Var%
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Net Sales
5,538.73
4,885.63
13.37%
5,449.84
4,796.80
13.61%
5,026.19
4,465.15
12.56%
4,990.61
4,315.52
15.64%
Expenses
1,986.54
2,000.94
-0.72%
1,912.64
1,325.24
44.32%
2,014.54
1,829.58
10.11%
1,964.16
1,676.38
17.17%
EBITDA
3,552.19
2,884.69
23.14%
3,537.20
3,471.56
1.89%
3,011.65
2,635.57
14.27%
3,026.45
2,639.14
14.68%
EBIDTM
64.13%
59.04%
64.90%
72.37%
59.92%
59.03%
60.64%
61.15%
Other Income
20.79
11.21
85.46%
14.48
2.65
446.42%
23.26
14.09
65.08%
22.83
39.41
-42.07%
Interest
2,219.88
2,217.77
0.10%
2,236.02
2,174.91
2.81%
2,197.68
2,062.42
6.56%
2,279.98
1,960.33
16.31%
Depreciation
110.10
84.52
30.27%
96.18
82.20
17.01%
93.93
78.67
19.40%
85.87
75.82
13.26%
PBT
1,243.00
593.61
109.40%
1,086.53
1,217.10
-10.73%
743.30
508.57
46.15%
683.43
642.40
6.39%
Tax
318.59
153.28
107.85%
278.92
315.37
-11.56%
192.66
132.93
44.93%
174.62
164.46
6.18%
PAT
924.41
440.33
109.94%
807.61
901.73
-10.44%
550.64
375.64
46.59%
508.81
477.94
6.46%
PATM
16.69%
9.01%
14.82%
18.80%
10.96%
8.41%
10.20%
11.07%
EPS
6.75
3.60
87.50%
5.93
7.23
-17.98%
4.06
3.07
32.25%
3.80
3.92
-3.06%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Net Sales
-
21,005.37
18,463.10
15,796.85
12,699.53
11,317.57
12,111.17
11,885.40
10,371.70
7,883.85
7,146.20
Net Sales Growth
-
13.77%
16.88%
24.39%
12.21%
-6.55%
1.90%
14.59%
31.56%
10.32%
 
Cost Of Goods Sold
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit
-
21,005.37
18,463.10
15,796.85
12,699.53
11,317.57
12,111.17
11,885.40
10,371.70
7,883.85
7,146.20
GP Margin
-
100%
100%
100%
100%
100%
100%
100%
100%
100%
100%
Total Expenditure
-
7,877.88
6,832.48
6,212.46
6,119.93
5,433.06
6,047.32
4,908.46
4,214.90
2,920.77
3,123.01
Power & Fuel Cost
-
22.21
21.80
21.99
19.45
15.81
11.87
22.14
26.06
23.44
21.72
% Of Sales
-
0.11%
0.12%
0.14%
0.15%
0.14%
0.10%
0.19%
0.25%
0.30%
0.30%
Employee Cost
-
2,509.62
2,354.94
2,261.44
2,115.33
1,613.12
1,384.01
1,609.82
1,477.95
1,136.61
886.64
% Of Sales
-
11.95%
12.75%
14.32%
16.66%
14.25%
11.43%
13.54%
14.25%
14.42%
12.41%
Manufacturing Exp.
-
1,840.66
1,411.50
1,160.55
640.05
503.98
309.78
331.61
338.47
226.86
369.49
% Of Sales
-
8.76%
7.64%
7.35%
5.04%
4.45%
2.56%
2.79%
3.26%
2.88%
5.17%
General & Admin Exp.
-
994.61
920.71
794.74
706.64
493.74
315.15
600.44
560.63
474.79
443.70
% Of Sales
-
4.74%
4.99%
5.03%
5.56%
4.36%
2.60%
5.05%
5.41%
6.02%
6.21%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
2,532.99
2,145.33
1,995.73
2,657.91
2,822.22
4,038.38
2,366.59
1,837.84
1,082.51
0.00
% Of Sales
-
12.06%
11.62%
12.63%
20.93%
24.94%
33.34%
19.91%
17.72%
13.73%
19.92%
EBITDA
-
13,127.49
11,630.62
9,584.39
6,579.60
5,884.51
6,063.85
6,976.94
6,156.80
4,963.08
4,023.19
EBITDA Margin
-
62.50%
62.99%
60.67%
51.81%
51.99%
50.07%
58.70%
59.36%
62.95%
56.30%
Other Income
-
81.36
174.95
181.73
1,557.16
168.68
60.29
116.62
1,144.84
402.44
54.46
Interest
-
8,933.56
8,522.68
6,959.20
5,094.30
4,417.37
5,307.57
5,390.56
4,432.28
3,436.19
3,186.17
Depreciation
-
386.08
321.21
274.85
225.96
151.99
150.51
146.87
75.53
55.21
53.72
PBT
-
3,889.21
2,961.68
2,532.07
2,816.50
1,483.83
666.06
1,556.13
2,793.83
1,874.11
837.75
Tax
-
964.79
766.04
645.13
732.56
399.08
153.86
516.21
973.48
688.51
308.05
Tax Rate
-
25.68%
25.87%
25.48%
26.54%
26.53%
17.20%
33.17%
34.84%
36.74%
36.77%
PAT
-
2,854.53
2,261.87
1,932.69
2,072.40
1,136.87
773.21
1,075.15
1,827.30
1,185.19
511.64
PAT before Minority Interest
-
2,861.11
2,260.87
1,943.05
2,071.20
1,150.34
780.28
1,085.82
1,867.28
1,216.29
529.70
Minority Interest
-
-6.58
1.00
-10.36
1.20
-13.47
-7.07
-10.67
-39.98
-31.10
-18.06
PAT Margin
-
13.59%
12.25%
12.23%
16.32%
10.05%
6.38%
9.05%
17.62%
15.03%
7.16%
PAT Growth
-
26.20%
17.03%
-6.74%
82.29%
47.03%
-28.08%
-41.16%
54.18%
131.65%
 
EPS
-
20.54
16.27
13.90
14.91
8.18
5.56
7.73
13.15
8.53
3.68

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Shareholder's Funds
26,638.64
21,529.46
19,933.25
18,560.09
16,896.31
15,776.37
11,969.01
11,269.02
9,855.00
6,960.16
Share Capital
277.91
246.98
246.88
246.72
246.60
246.40
123.07
122.98
122.90
113.01
Total Reserves
26,327.59
21,256.36
18,872.29
18,273.18
16,606.67
15,479.77
11,792.23
11,109.45
9,709.83
6,822.53
Non-Current Liabilities
72,539.18
76,854.90
65,859.39
75,868.19
60,469.79
62,897.34
64,789.70
54,162.62
39,538.20
25,202.71
Secured Loans
42,042.73
45,766.59
37,402.12
68,055.08
49,992.57
52,789.17
55,739.10
48,532.64
36,368.23
20,467.55
Unsecured Loans
30,703.36
31,351.03
28,138.64
8,335.11
11,193.98
10,835.40
9,443.39
5,888.01
3,752.05
4,443.24
Long Term Provisions
190.38
83.42
99.00
135.01
144.97
134.81
128.59
115.73
91.15
621.69
Current Liabilities
58,586.86
44,848.83
37,079.74
9,769.34
5,349.82
5,883.25
4,365.36
8,616.12
8,473.32
20,203.08
Trade Payables
1,142.08
1,440.65
1,679.02
1,286.01
1,163.83
778.94
722.84
1,148.48
1,138.20
606.88
Other Current Liabilities
1,376.65
1,177.02
2,338.02
3,196.48
3,088.32
3,477.58
3,090.60
2,933.53
2,329.29
10,737.02
Short Term Borrowings
55,624.35
41,975.62
32,778.37
5,038.37
939.08
1,476.38
451.75
4,380.98
4,865.88
7,140.65
Short Term Provisions
443.78
255.54
284.33
248.48
158.59
150.35
100.17
153.13
139.95
1,718.53
Total Liabilities
1,57,818.01
1,43,276.71
1,22,913.99
1,04,338.97
82,857.38
84,656.11
81,213.75
74,126.27
58,011.62
52,465.75
Net Block
1,328.31
1,206.95
1,007.96
870.60
515.28
399.04
455.36
201.45
146.66
133.39
Gross Block
2,555.27
2,227.04
1,867.48
1,608.52
1,131.69
967.34
907.57
527.93
412.82
358.32
Accumulated Depreciation
1,226.96
1,020.09
859.52
737.92
616.41
568.30
452.21
326.48
266.17
224.93
Non Current Assets
1,46,260.80
1,30,593.44
1,16,025.95
16,025.78
10,671.93
13,889.29
4,766.97
5,094.85
3,749.79
29,182.74
Capital Work in Progress
7.07
66.16
105.59
2.64
2.10
11.73
0.56
0.79
0.46
1.14
Non Current Investment
4,974.17
4,965.34
7,736.51
10,037.16
8,628.03
12,100.11
1,917.86
2,516.70
1,966.33
797.94
Long Term Loans & Adv.
623.26
736.36
733.47
235.71
153.85
51.07
36.51
372.77
257.10
211.89
Other Non Current Assets
63.16
105.07
98.46
1,398.60
176.52
312.61
492.27
122.61
18.76
147.83
Current Assets
11,557.21
12,683.27
6,888.04
88,313.19
72,185.45
70,766.82
76,446.78
69,031.42
54,261.83
23,283.01
Current Investments
2,432.74
5,624.45
1,861.95
25.97
26.10
26.22
3,422.51
810.65
411.61
575.98
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
325.74
246.69
173.35
98.35
64.83
54.64
52.91
53.60
56.44
22.96
Cash & Bank
7,568.12
5,847.20
4,075.09
4,066.91
4,827.61
4,037.19
1,531.60
994.04
477.90
603.88
Other Current Assets
1,230.61
964.93
687.63
1,462.77
67,266.91
66,648.77
71,439.76
67,173.13
53,315.87
22,080.19
Short Term Loans & Adv.
0.00
0.00
90.02
82,659.19
66,047.81
65,803.04
70,778.58
66,457.22
52,690.61
21,455.36
Net Current Assets
-47,029.65
-32,165.56
-30,191.70
78,543.85
66,835.63
64,883.57
72,081.42
60,415.30
45,788.51
3,079.93
Total Assets
1,57,818.01
1,43,276.71
1,22,913.99
1,04,338.97
82,857.38
84,656.11
81,213.75
74,126.27
58,011.62
52,465.75

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Cash From Operating Activity
-12,772.18
-15,601.88
-18,448.55
-17,395.31
18.06
5,825.89
-3,115.23
-12,077.94
-8,509.69
-6,466.94
PBT
3,889.21
2,961.68
2,532.07
2,816.50
1,483.83
666.06
1,556.13
2,793.83
1,874.11
837.75
Adjustment
-5,830.24
-5,598.45
-5,230.49
-5,609.13
-3,647.58
-2,507.48
2,330.69
637.51
642.07
1,257.75
Changes in Working Capital
-17,186.03
-18,429.42
-22,050.83
-21,150.96
-4,402.34
297.18
-6,413.70
-14,685.39
-10,361.37
-8,029.91
Cash after chg. in Working capital
-19,127.06
-21,066.19
-24,749.25
-23,943.59
-6,566.09
-1,544.24
-2,526.88
-11,254.05
-7,845.19
-5,934.41
Interest Paid
-8,876.04
-6,522.04
-6,925.23
-5,201.64
-4,826.59
-4,742.22
0.00
0.00
0.00
0.00
Tax Paid
-782.55
-870.23
-826.67
-533.75
-573.23
-658.56
-588.35
-823.89
-664.50
-532.54
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
16,013.47
12,856.58
14,052.60
12,283.67
11,983.97
12,770.91
0.00
0.00
0.00
0.00
Cash From Investing Activity
769.52
-1,076.89
2,670.28
-1,635.37
3,110.59
-8,348.44
-2,689.11
-1,213.05
243.13
-97.40
Net Fixed Assets
-266.03
-313.50
-337.65
-396.12
-84.89
-79.13
-300.13
-90.11
-38.98
-32.74
Net Investments
3,580.11
-749.66
337.80
-1,548.35
3,265.08
-5,794.37
-2,119.28
-1,057.59
-861.05
-389.72
Others
-2,544.56
-13.73
2,670.13
309.10
-69.60
-2,474.94
-269.70
-65.35
1,143.16
325.06
Cash from Financing Activity
10,637.20
17,605.33
16,094.90
18,851.96
-3,172.88
2,548.48
6,049.72
13,489.53
8,173.71
6,765.94
Net Cash Inflow / Outflow
-1,365.46
926.56
316.63
-178.72
-44.23
25.93
245.38
198.54
-92.85
201.59
Opening Cash & Equivalents
1,830.50
903.54
586.53
765.18
808.53
782.60
537.22
338.69
431.54
235.67
Closing Cash & Equivalent
465.45
1,830.25
903.54
586.53
765.32
808.53
782.60
537.22
338.69
437.26

Financial Ratios

Consolidated /

Standalone
Description
Mar 26
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Book Value (Rs.)
191.47
169.42
150.70
150.13
136.69
127.65
118.08
111.40
97.58
74.85
ROA
1.90%
1.70%
1.71%
2.21%
1.37%
0.89%
1.34%
2.76%
2.15%
1.09%
ROE
11.89%
11.13%
10.32%
11.71%
7.06%
5.36%
8.99%
17.28%
14.14%
7.92%
ROCE
8.63%
8.92%
8.75%
8.82%
7.46%
7.83%
9.41%
11.90%
10.73%
9.13%
Fixed Asset Turnover
8.78
9.02
9.09
9.27
10.78
12.92
16.56
22.05
20.45
21.30
Receivable days
4.97
4.15
3.14
2.35
1.93
1.62
1.64
1.94
1.84
1.10
Inventory Days
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
157.42
212.77
216.02
148.33
Cash Conversion Cycle
4.97
4.15
3.14
2.35
1.93
1.62
-155.78
-210.83
-214.18
-147.24
Total Debt/Equity
4.83
5.54
5.14
4.40
3.69
4.14
5.51
5.23
4.22
5.86
Interest Cover
1.43
1.36
1.37
1.55
1.35
1.17
1.29
1.63
1.55
1.26

Annual Reports:

FY 2026
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • M&M Financial Services to raise up to Rs 1,000 crore through NCDs
    16th Jun 2026, 15:28 PM

    The issuance comprises a base issue size of Rs 500 crore with a greenshoe option to retain an additional Rs 500 crore

    Read More
  • Mahindra Finance raises Rs 2,200 crore through NCDs
    19th May 2026, 15:30 PM

    The Debenture Allotment Committee of the company has on May 19, 2026 approved allotment of the same

    Read More
  • Mahindra Finance raises Rs 875 crore through NCDs
    12th May 2026, 15:28 PM

    The NCDs have been issued at a fixed coupon rate of 7.90% per annum

    Read More
  • Mahindra Finance raises Rs 500 crore through NCDs
    28th Apr 2026, 16:00 PM

    The Debenture Allotment Committee has on April 28, 2026 approved allotment of the same

    Read More
  • Mahindra & Mahindra Financial Services reports 2- fold jump in Q4FY26 consolidated net profit
    27th Apr 2026, 11:42 AM

    Total consolidated income of the company increased by 13.53% at Rs 5559.52 crore for Q4FY26

    Read More
  • Mah & Mah Finl. Serv - Quarterly Results
    25th Apr 2026, 00:00 AM

    Read More
  • Mahindra Finance to raise upto Rs 1000 crore through NCDs
    23rd Apr 2026, 14:22 PM

    The meeting of the Committee of Directors to approve the said issuance held on April 23, 2026

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.