| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
Total Assets  | 38,633 | 45,007 | 53,223 | 58,730 | 74,576 | 81,793 | 85,601 | 83,809 | 1,05,085 | 1,23,716 | 1,44,105 |
| Fixed Assets | 119 | 129 | 133 | 147 | 201 | 455 | 399 | 515 | 871 | 1,008 | 1,207 |
| Current Assets | 17,412 | 20,628 | 23,283 | 937 | 1,658 | 2,554 | 5,043 | 6,026 | 6,947 | 5,858 | 7,900 |
| Capital Work in Progress | 0 | 0 | 1 | 1 | 1 | 1 | 12 | 2 | 3 | 106 | 66 |
| Investments | 95 | 547 | 576 | 2,378 | 3,327 | 5,340 | 12,126 | 8,654 | 10,063 | 9,599 | 10,590 |
| Other Assets | 38,420 | 44,331 | 52,512 | 56,205 | 71,046 | 75,996 | 73,064 | 74,637 | 94,148 | 1,13,004 | 1,32,242 |
| Total Liabilities | 38,633 | 45,007 | 53,223 | 58,730 | 74,576 | 81,793 | 85,601 | 83,809 | 1,05,085 | 1,23,716 | 1,44,105 |
| Current Liabilities | 15,121 | 17,204 | 20,203 | 8,317 | 7,443 | 4,100 | 5,119 | 5,142 | 9,061 | 8,594 | 5,928 |
| Non Current Liabilities | 17,520 | 21,266 | 25,960 | 40,413 | 55,785 | 65,634 | 64,606 | 61,629 | 77,323 | 95,147 | 1,16,604 |
| Total Equity | 5,992 | 6,537 | 7,060 | 10,000 | 11,348 | 12,059 | 15,876 | 17,038 | 18,701 | 19,975 | 21,573 |
| Reserve & Surplus | 5,830 | 6,357 | 6,847 | 9,732 | 11,146 | 11,846 | 15,530 | 16,650 | 18,313 | 19,686 | 21,283 |
| Share Capital | 113 | 113 | 113 | 123 | 123 | 123 | 246 | 247 | 247 | 247 | 247 |
M&M Financial Services
266.45
-0.05
(-0.02%)
Market Cap
37,042.70 Cr
EPS
18.32
PE Ratio
16.40
Dividend Yield
2.17 %
Industry
Financial Services52 Week High
333.74
52 Week Low
231.52
PB Ratio
1.51
Debt to Equity
5.29
Sector
NBFC
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from33 analysts
Company News
View All News
M&M Financial Services shares rose over 2% after Q1 business update. Morgan Stanley flagged concerns over asset quality and growth prospects, maintaining 'equal-weight' rating. Collection efficiency dropped to 95% from 97% in the previous quarter. The company's loan mix shift to better-quality segments may impact loan yields, ROA, and ROE.
Mahindra & Mahindra Financial Services: Q1 Sees Steady Growth with Rising Assets2 days ago
M&M Financial reported a 1% YoY increase in Q1 disbursements to ₹12,800 crore. Business assets grew 15% YoY to ₹1.22 lakh crore. Collection efficiency improved to 95%. Stage-3 assets slightly increased to 3.8-3.9%, while Stage-2 assets were at 5.8-5.9%. The company maintains a strong liquidity position with a buffer of over ₹9,600 crore.
M&M Financial has reported steady performance for Q1, with loans disbursed amounting to ₹12,800 crore. The company also noted improved collection efforts, which were up 1% compared to the same period last year.
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
925.30 | #1 5,65,593.30 | 34.50 | #1 69,724.80 | 32.75 | #1 16,780 | 18.85 | 50.58 | |
324.95 | 2,06,508.90 | 127.95 | 2,042.91 | #1 4,039.96 | 1,677 | 1.77 | 72.12 | |
1,526.70 | 1,28,444.60 | 30.12 | 25,846.00 | 48.18 | 4,018 | 18.24 | 41.33 | |
676.15 | 1,27,010.80 | 15.49 | 41,859.50 | 19.61 | 9,423 | 6.06 | 50.79 | |
2,662.80 | 1,05,789.70 | 20.05 | 20,214.20 | 26.62 | 5,285 | #1 22.13 | 70.69 | |
909.60 | 86,718.40 | 45.21 | 18,072.20 | 22.39 | 1,827 | -19.35 | 39.98 | |
5,168.00 | 57,107.40 | 30.93 | 8,563.00 | 17.53 | 1,813 | 17.06 | 57.55 | |
2,567.90 | 45,579.60 | #1 10.28 | 4,578.34 | 381.77 | 3,865 | 14.67 | 55.23 | |
266.45 | #9 37,042.70 | #3 16.40 | #5 18,530.50 | #10 16.03 | #6 2,261 | #9 -31.97 | 49.86 | |
472.55 | 36,301.10 | 173.32 | 4,189.76 | 56.71 | -136 | -81.22 | 76.91 |
Forecast
Actual
Growth Rate
Revenue Growth
16.03 %
Net Income Growth
16.36 %
Cash Flow Change
15.43 %
ROE
7.71 %
ROCE
-0.12 %
EBITDA Margin (Avg.)
3.24 %
Balance Sheet
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -29 | 34 | 202 | -93 | 199 | 245 | 26 | -43 | -179 | 317 | 927 |
| Investing Activities | 34 | -440 | -97 | 243 | -1,213 | -2,689 | -8,349 | 3,112 | -1,635 | 2,671 | -1,077 |
| Operating Activities | -3,970 | -4,957 | -6,467 | -8,510 | -12,078 | -3,115 | 5,826 | 18 | -17,395 | -18,449 | -15,602 |
| Financing Activities | 3,907 | 5,431 | 6,766 | 8,174 | 13,490 | 6,050 | 2,549 | -3,173 | 18,852 | 16,095 | 17,605 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 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 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 14.09 % | 0.00 % | 11.96 % | 10.09 % | 10.19 % | 10.48 % | 10.68 % | 9.46 % |
| DIIs | 15.36 % | 15.11 % | 15.18 % | 14.94 % | 15.72 % | 16.72 % | 15.69 % | 23.76 % | 25.18 % | 26.95 % | 25.84 % | 19.68 % | 28.61 % | 30.67 % | 31.57 % | 31.16 % | 31.31 % | 31.95 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 5.39 % | 9.17 % | 8.06 % | 8.46 % | 8.88 % | 7.75 % | 6.99 % | 6.44 % | 6.31 % | 5.70 % | 6.24 % | 6.77 % | 6.03 % | 6.02 % | 5.22 % | 5.38 % | 5.12 % | 5.07 % |
| Others | 27.09 % | 23.57 % | 24.60 % | 24.45 % | 23.25 % | 23.37 % | 25.16 % | 17.65 % | 16.36 % | 15.20 % | 1.67 % | 21.39 % | 1.24 % | 1.07 % | 0.86 % | 0.81 % | 0.73 % | 1.03 % |
| No of Share Holders | 1,88,131 | 2,96,357 | 2,37,701 | 2,49,889 | 2,50,678 | 2,17,677 | 2,14,897 | 1,93,555 | 1,86,265 | 1,85,705 | 2,19,510 | 2,39,372 | 2,27,512 | 2,24,273 | 2,11,051 | 2,24,415 | 2,17,620 | 2,27,483 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 4 | 2.4 | 4 | 6.5 | 0.00 | 0.8 | 3.6 | 6 | 6.3 | 6.5 |
| Dividend Yield (%) | 2.14 | 0.87 | 1.6 | 7.44 | 0.00 | 0.52 | 1.6 | 2.21 | 2.29 | 2.44 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 22 Jul 2025 |  Quarterly Result Announcement | NA | 22 Jul 2025 | 272.65 | 266.45 |
| 22 Jul 2025 |  Annual General Meeting | NA | 22 Jul 2025 | 269.66 | 266.45 |
| 15 Jul 2025 |  Dividend | ₹ 6.50 /share | 15 Jul 2025 | 269.66 | 266.45 |
| 14 May 2025 |  Rights | 1:8 | 14 May 2025 | 248.25 | 259.50 |
| 22 Apr 2025 | Quarterly Result Announcement | NA | 22 Apr 2025 | 275.30 | 269.66 |
| 28 Jan 2025 | Quarterly Result Announcement | NA | 28 Jan 2025 | 257.99 | 264.65 |
| 22 Oct 2024 | Quarterly Result Announcement | NA | 22 Oct 2024 | 292.33 | 274.04 |
| 23 Jul 2024 | Annual General Meeting | NA | 23 Jul 2024 | 259.89 | 287.90 |
| 17 Jul 2024 | Dividend | ₹ 6.30 /share | 16 Jul 2024 | 259.89 | 288.34 |
| 22 Jul 2023 | Dividend | ₹ 6.00 /share | 21 Jul 2023 | 251.95 | 304.24 |
| 22 Jul 2022 | Dividend | ₹ 3.60 /share | 20 Jul 2022 | 176.98 | 205.29 |
| 20 Jul 2021 | Dividend | ₹ 0.80 /share | 16 Jul 2021 | 174.01 | 149.50 |
| 23 Jul 2020 | Rights | 1:1 | 22 Jul 2020 | 136.22 | 144.59 |
Announcements
Business Update For Q1 FY26
2 days ago
2 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication6 days ago
6 days agoLetter To The Members Of The Company - Reg 30 Of SEBI (LODR) Regulations 20158 days ago
8 days agoClosure of Trading Window8 days ago
8 days agoBoard Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For Q1 FY 20268 days ago
8 days agoBusiness Responsibility and Sustainability Reporting (BRSR)9 days ago
9 days agoReg. 34 (1) Annual Report.9 days ago
9 days agoNotice Of 35Th Annual General Meeting And Integrated Report For The Financial Year 2024-25.9 days ago
9 days agoNewspaper PublicationJun 17, 2025
Jun 17, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 13, 2025
Jun 13, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jun 11, 2025
Jun 11, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 10, 2025
Jun 10, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 10, 2025
Jun 10, 2025Announcement under Regulation 30 (LODR)-AllotmentJun 09, 2025
Jun 09, 2025Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011May 29, 2025
May 29, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 28, 2025
May 28, 2025Communication To Shareholders (Request To Submit Tax Exemption Documents ): Dividend For FY 2025 - Intimation On Tax Deduction At Source (TDS)/Withholding Tax On Dividend.May 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 19, 2025
May 19, 2025Announcement under Regulation 30 (LODR)-Credit RatingMay 16, 2025
May 16, 2025Intimation For Transfer Of Equity Shares From Mahindra & Mahindra Financial Services Limited Employees Stock Option TrustMay 13, 2025
May 13, 2025Letter Of Offer For Rights Issue Of Equity SharesMay 08, 2025
May 08, 2025Corporate Action - Record Date For Rights IssueMay 08, 2025
May 08, 2025Announcement under Regulation 30 (LODR)-Raising of FundsMay 08, 2025
May 08, 2025Board Meeting Outcome for Approval Of Terms Of Rights Issue Of Equity SharesMay 08, 2025
May 08, 2025Submission Of Audited Financial Statements For The Financial Year Ended 31St March 2025May 02, 2025
May 02, 2025Board Meeting Intimation for Seeking Approval Of The Board For Issue Price Record Date Price Entitlement Ratio Etc. With Respect To The Rights Issue Of The CompanyMay 02, 2025
May 02, 2025Corporate Action-Intimation of Right issueMay 02, 2025
May 02, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 02, 2025
May 02, 2025Announcement under Regulation 30 (LODR)-Raising of FundsMay 02, 2025
May 02, 2025Board Meeting Outcome for Board Of Mahindra & Mahindra Financial Services Limited Re-Approves Fund Raising Through Rights Issue Of Equity Shares For An Amount Up To Rs. 3000 Crore To Pursue The Rights Issue Under New Simplified SEBI ICDR RegulationsMay 02, 2025
May 02, 2025Board Meeting Intimation for Considering Fund Raising - Rights IssueApr 28, 2025
Apr 28, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptApr 28, 2025
Apr 28, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 26, 2025
Apr 26, 2025Intimation Under Regulation 30 And 51 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 25, 2025
Apr 25, 2025Announcement under Regulation 30 (LODR)-Credit RatingApr 23, 2025
Apr 23, 2025The Purpose Of Dividend For FY2024-2025 - 15Th July 2025Apr 23, 2025
Apr 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationApr 23, 2025
Apr 23, 2025Re-Submission Of Outcome Of Board Meeting - CorrigendumApr 22, 2025
Apr 22, 2025Re-Submission Of Outcome Of Board Meeting - CorrigendumApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)Apr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Change in ManagementApr 22, 2025
Apr 22, 2025Corporate Action-Board approves DividendApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Dividend UpdatesApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Raising of FundsApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseApr 22, 2025
Apr 22, 2025Announcement under Regulation 30 (LODR)-Investor PresentationApr 22, 2025
Apr 22, 2025Technical Indicators
RSI(14)
Neutral 49.86
ATR(14)
Less Volatile 7.03
STOCH(9,6)
Neutral 53.39
STOCH RSI(14)
Neutral 30.46
MACD(12,26)
Bearish -0.64
ADX(14)
Weak Trend 12.77
UO(9)
Bearish 42.36
ROC(12)
Uptrend And Accelerating 0.04
WillR(14)
Neutral -53.02
Mutual Fund Holdings
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Sundaram Mid Cap Fund Direct-Growth 
ICICI Prudential Equity Arbitrage Direct-Growth 
LIC MF Large & Mid Cap Fund Direct-Growth 
Mirae Asset Arbitrage Fund Direct - Growth 
Union Arbitrage Fund Direct - Growth About M&M Financial Services
Mahindra & Mahindra Financial Services Limited (MMFSL) is a leading Non-Banking Finance Company in India, primarily serving rural and semi-urban markets. It is part of the Mahindra Group and offers financing for vehicles, housing, personal loans, and SMEs. MMFSL operates through a network of 1,386 offices across 27 States and 7 Union Territories. The company has subsidiaries in insurance broking, rural housing finance, and asset management. MMFSL also has a joint venture in the US for financing Mahindra tractors. The company provides services such as insurance broking and mutual fund distribution. MMFSL has expanded its operations to include leasing and subscription services, digital finance lending for consumer durables and personal loans, and used car financing. The company also operates in Sri Lanka through a joint venture.
Listing Date
17 Mar, 2006(19 Years,
-12 days)
Chairperson NameAnish Shah
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