M&M Financial Services
270.50
-3.75(-1.37%)
Market Cap₹37,598.72 Cr
PE Ratio16.86
Company Performance:
1D-1.37%
1M+8.47%
6M+1.19%
1Y-5.21%
5Y+178.21%
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Latest news about M&M Financial Services
M&M Boosts Stake in M&M Financial Services via ₹1,653 Crore Rights Issue 5 days ago
Mahindra & Mahindra (M&M) has increased its stake in its subsidiary, M&M Financial Services, through a rights issue. M&M acquired 8.52 crore equity shares at ₹194.00 per share, totaling approximately ₹1,653.00 crore. This move strengthens M&M's position in the financial services sector and demonstrates its commitment to its subsidiary's growth.
Mahindra & Mahindra Financial Services Unveils ₹2,996.16 Crore Rights Issue May 08, 2025
Mahindra & Mahindra Financial Services Reaffirms Rs 3,000 Crore Rights Issue Plan May 02, 2025
Mahindra Finance Aims for Steady Growth Amid Challenging Market Conditions Apr 28, 2025
More news about M&M Financial Services
22Apr 25
M&M Financial Reports Mixed Results: Q4 Profit Dips, Full-Year Profit Surges 33%
Mahindra & Mahindra Financial Services Limited reported a 33% increase in net profit to Rs 2,345.00 crores for FY25, with total income growing 19% to Rs 16,075.00 crores. The loan book expanded by 17% to Rs 1,16,214.00 crores. However, Q4 FY25 saw a 9% decline in net profit to Rs 563.00 crores. The company announced a final dividend of Rs 6.50 per share (325%). Gross Stage 3 assets slightly increased to 3.70%. M&M Financial focused on diversification, with significant growth in SME loan disbursals and expansion into insurance distribution.
21Apr 25
Mahindra & Mahindra Financial Services to Announce Q4 Results and FY25 Dividend on April 22
Mahindra & Mahindra Financial Services will disclose its Q4 and FY25 financial results on April 22, 2025. The Board of Directors will review and approve the results, consider a dividend recommendation for FY25, and host an earnings call at 6:00 PM on the same day. This announcement is significant for investors, offering insights into the company's financial performance, potential dividend, and future outlook.
03Apr 25
Mahindra & Mahindra Financial Services Reports Q4 FY25 Updates and Block Trade
Mahindra & Mahindra Financial Services Ltd. released Q4 FY25 updates and saw a block trade of 1,184,668 shares at Rs. 264.10 per share on NSE. Q4 disbursements grew 1% YoY to Rs. 15,480 crore. Business assets increased 16% to Rs. 119,300 crore. Collection efficiency slightly decreased to 95%. Stage-3 assets rose to 3.7% from 3.4%, and Stage-2 assets increased to 5.5% from 5.0%. The company maintains a strong liquidity position with over Rs. 10,000 crore on its balance sheet.
03Apr 25
M&M Financial Services Projects Modest Growth for Q4 FY25 Amid Mixed Performance Indicators
M&M Financial Services estimates 1% YoY growth in Q4 FY25 disbursements to Rs. 15,480 crore. Business assets expected to grow 16% to Rs. 1,19,300 crore. Collection efficiency slightly down at 97%. Stage 3 and Stage 2 assets increase to 3.7% and 5.5% respectively. Company maintains strong liquidity of over Rs. 10,000 crore.
02Apr 25
M&M Financial Services Projects Modest Growth for Q4 FY25
M&M Financial Services estimates 1% YoY growth in Q4 FY25 disbursements to Rs. 15,480 crore, with FY25 disbursements expected to reach Rs. 57,850 crore, up 3% YoY. Business assets are projected to grow 16% to Rs. 1,19,300 crore. Collection efficiency is estimated at 97% for Q4 FY25, down from 98% in Q4 FY24. Stage 3 and Stage 2 assets are expected to increase to 3.70% and 5.50% respectively. The company maintains a strong liquidity position exceeding Rs. 10,000 crore.
27Feb 25
M&M Financial Services Raises ₹500 Crore Through NCD Allotment
Mahindra & Mahindra Financial Services Limited has completed the allotment of non-convertible debentures worth ₹500 crore. The company issued 50,000 NCDs, each with a face value of ₹1,00,000, at a coupon rate of 8.30% per annum for a 10-year tenor. The NCDs are unsecured, rated, listed, subordinated (Tier II), and redeemable, to be listed on the BSE's Wholesale Debt Market Segment. The allotment was approved on February 27, 2025, following successful bidding on the BSE Bond-EBP Platform.
24Feb 25
Mahindra Finance to Raise Up to ₹5,000 Crore Through Private Placement of NCDs
Mahindra & Mahindra Financial Services Limited has approved the issuance of Non-convertible Debentures (NCDs) through private placement. The base issue size is ₹300 crore with a green shoe option of up to ₹200 crore, potentially raising a total of ₹500 crore. This strategic move aims to infuse capital, potentially fund business expansion, manage debt portfolio, and reflects investor confidence in the company.
21Feb 25
Mahindra Finance Approves NCD Issue and Rs 3,000 Crore Rights Issue, Schedules Investor Conference
Mahindra & Mahindra Financial Services Limited has approved a rights issue to raise up to Rs 3,000 crore and a Non-Convertible Debenture (NCD) issue with a base size of Rs 3 billion and a green shoe option of up to Rs 2 billion. The company also announced its participation in the IIFL 16th Enterprising India Conference 2025 on February 27, 2025, in Mumbai.
20Feb 25
Mahindra & Mahindra Financial Services Unveils Rs 3,000 Crore Rights Issue Plan
Mahindra & Mahindra Financial Services has approved a rights issue to raise up to Rs 3,000 crore. This strategic move aims to strengthen the company's capital base and support future growth initiatives. The substantial fund infusion could be used for strengthening the balance sheet, exploring growth opportunities, investing in technology, and consolidating market position. Additionally, the company will participate in the IIFL 16th Enterprising India Conference 2025 to engage with investors, demonstrating its commitment to transparency and stakeholder engagement.
20Feb 25
Mahindra Finance Reports Strong Growth and Reaffirms Top-Tier Credit Ratings
Mahindra and Mahindra Financial Services showed robust growth in the first nine months of FY25, with a 19.5% increase in net loan book to ₹1,11,630 crore and a 56% surge in net profit to ₹1,792 crore. The company's credit ratings were reaffirmed by CRISIL, maintaining 'AAA' for long-term instruments and 'A1+' for short-term instruments. M&M Financial is diversifying into EV financing and expanding fee-based income, with management projecting medium-to-high teen loan growth for FY26.
M&M Financial Services
270.50
-3.75
(-1.37%)
1 Year Returns:-5.21%
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