M&M Financial Services

Market Cap (₹ Cr.)

₹40,459

52 Week High

336.85

Book Value

₹161

52 Week Low

237.35

PE Ratio

19.53

PB Ratio

2.03

PE for Sector

33.71

PB for Sector

2.87

ROE

9.73 %

ROCE

8.10 %

Dividend Yield

1.92 %

EPS

₹16.77

Industry

Finance

Sector

Finance & Investments

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%

Growth Rate

Revenue Growth

24.45 %

Net Income Growth

-6.19 %

Cash Flow Change

-6.06 %

ROE

-12.17 %

ROCE

0.66 %

EBITDA Margin (Avg.)

-3.56 %

Financial Results

Quarterly Financials	Mar 2014	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	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
Revenue	1,371	1,537	1,368	1,438	1,409	1,690	1,376	1,516	1,503	1,843	1,509	1,540	1,896	1,808	1,940	2,145	2,246	2,480	2,413	2,541	2,616	2,676	2,661	2,650	2,575	2,638	2,187	2,522	2,543	2,466	2,499	2,609	2,892	3,057	3,125	3,240	3,490	3,706	3,760
Expenses	298	396	577	548	625	437	540	650	772	752	443	544	465	505	665	644	691	423	1,145	844	883	1,082	1,157	983	1,755	1,347	3,212	96	353	654	1,230	884	754	726	1,147	1,302	1,023	1,079	1,181
EBITDA	1,073	1,141	792	890	784	1,252	836	866	731	1,091	1,065	996	1,431	1,302	1,274	1,501	1,555	2,056	1,267	1,697	1,733	1,594	1,504	1,667	820	1,290	-1,025	2,426	2,190	1,812	1,268	1,725	2,137	2,331	1,978	1,939	2,467	2,627	2,579
Operating Profit %	78 %	74 %	58 %	61 %	55 %	74 %	60 %	56 %	48 %	59 %	70 %	64 %	74 %	72 %	65 %	69 %	69 %	83 %	52 %	66 %	66 %	59 %	56 %	62 %	31 %	48 %	-48 %	96 %	86 %	73 %	51 %	66 %	74 %	76 %	63 %	59 %	70 %	70 %	68 %
Depreciation	6	10	10	10	10	11	11	11	11	14	11	11	11	12	13	14	15	17	34	36	36	12	32	33	31	30	27	28	29	42	36	46	52	53	54	56	58	60	64
Interest	597	637	644	654	670	671	691	709	744	714	755	734	816	778	849	931	1,020	1,144	1,128	1,202	1,209	1,289	1,265	1,222	1,158	1,089	1,018	1,015	951	936	932	1,069	1,242	1,334	1,450	1,566	1,675	1,735	1,829
Profit Before Tax	469	494	138	226	104	571	134	146	-24	364	299	251	604	513	412	556	520	895	105	458	488	292	208	412	-369	171	-2,070	1,383	1,210	834	300	611	843	944	474	316	734	832	686
Tax	158	160	49	80	37	327	72	79	-13	225	36	62	260	191	123	224	113	116	32	59	-3	470	0	203	-80	312	0	0	142	206	117	150	120	99	166	153	161	184	167
Net Profit	311	333	89	146	67	370	87	95	-16	234	201	164	396	314	269	381	319	588	68	252	365	221	156	304	-274	150	-1,529	1,023	894	601	223	448	629	684	353	235	553	619	513
EPS in ₹	5.52	5.91	1.58	2.59	1.19	6.56	1.54	1.68	-0.28	4.14	3.56	2.90	6.89	5.16	4.38	6.21	5.18	9.56	1.11	4.09	4.07	2.46	2.53	2.86	-2.23	1.22	-12.41	8.30	7.25	4.87	1.81	3.64	5.10	5.55	2.86	1.91	4.48	5.01	4.16

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	35,074	39,580	45,985	52,793	67,078	74,071	77,037	75,289	96,217	1,15,159
Fixed Assets	110	113	112	120	163	364	330	393	696	826
Current Assets	16,553	19,310	21,458	765	1,502	2,314	4,181	5,175	5,440	4,691
Capital Work in Progress	0	0	0	0	0	0	10	0	0	105
Investments	94	491	578	2,734	3,792	5,911	11,705	8,440	9,989	9,651
Other Assets	34,870	38,975	45,295	49,939	63,123	67,797	64,991	66,456	85,532	1,04,577
Total Liabilities	29,405	33,491	39,508	43,171	56,170	62,707	62,325	59,661	79,128	97,002
Current Liabilities	13,987	15,279	17,078	7,246	5,895	3,245	4,243	4,343	8,288	9,659
Non Current Liabilities	15,418	18,213	22,430	35,925	50,275	59,462	58,082	55,317	70,840	87,343
Total Equity	5,669	6,088	6,477	9,622	10,908	11,364	14,712	15,628	17,089	18,158
Reserve & Surplus	5,557	5,975	6,364	9,499	10,785	11,241	14,465	15,382	16,842	17,911
Share Capital	113	113	113	123	123	123	246	247	247	247

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-31	27	196	-140	230	175	-106	-243	-78	61
Investing Activities	-16	-506	-256	211	-1,317	-2,573	-7,252	2,613	-1,321	1,962
Operating Activities	-2,989	-3,381	-4,907	-7,106	-10,918	-3,151	4,886	-0	-17,485	-18,404
Financing Activities	2,974	3,915	5,360	6,755	12,465	5,899	2,260	-2,855	18,728	16,503

Show % Change

Above figures are in Rs. Crores

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
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 %
FIIs	20.17 %	17.94 %	18.99 %	19.24 %	17.90 %	17.55 %	16.93 %	16.09 %	14.85 %	13.92 %	14.09 %	12.73 %	11.96 %	10.09 %
DIIs	16.77 %	16.53 %	15.80 %	15.38 %	16.16 %	17.95 %	22.12 %	23.76 %	25.18 %	26.95 %	25.84 %	26.96 %	28.61 %	30.67 %
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 %
Public / Retail	10.62 %	13.09 %	12.78 %	12.99 %	13.58 %	12.13 %	8.60 %	7.82 %	7.66 %	6.83 %	7.78 %	8.06 %	7.18 %	7.00 %

Show % Change

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
Bajaj Finance	7,588.85	4,55,813.41	30.54	54,982.51	32.75	14,451	13.82	66.90
Bajaj Finserv	1,891.05	2,95,143.00	35.38	1,10,383.00	34.50	15,595	13.48	69.45
Jio Financial Services	343.65	2,23,413.23	140.66	1,854.68	4,036.22	1,605	-5.81	55.12
Cholamandalam Investment	1,589.75	1,32,233.08	36.15	19,419.87	48.18	3,411	33.41	68.86
Shriram Finance	3,513.05	1,28,736.84	17.02	36,412.99	19.35	7,391	18.60	76.93
Bajaj Holdings & Investments	10,775.60	1,15,398.27	15.46	1,713.46	224.92	7,365	14.04	66.49
HDFC AMC	4,325.55	94,535.56	45.69	3,163.39	27.42	1,943	26.47	57.39
Muthoot Finance	2,036.30	81,155.93	18.17	15,162.74	26.62	4,468	14.45	63.20
SBI Cards	789.60	75,375.96	31.29	17,483.48	22.39	2,408	0.19	58.74
Aditya Birla Capital	229.80	58,639.83	17.03	34,560.58	14.43	3,439	17.06	57.80