M&M Financial Services
361.85
+8.25(+2.33%)
Market Cap₹50,296.11 Cr
PE Ratio20.62
Company Performance:
1D+2.33%
1M-10.20%
6M+39.98%
1Y+27.43%
5Y+116.16%
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More news about M&M Financial Services
28Jan 26
M&M Financial Services Reports Q3FY26 Results with Exceptional Items Impact
Mahindra & Mahindra Financial Services Limited reported Q3FY26 results with standalone profit after tax of ₹810.44 crore, down from ₹899.47 crore in Q3FY25, impacted by exceptional items of ₹117.33 crore related to new Labour Codes. Revenue from operations grew 14.7% to ₹4,753.59 crore. On consolidated basis, profit after tax was ₹825.60 crore with revenue reaching ₹5,449.84 crore for the quarter.
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21Jan 26
GIFT City Regulator Proposes Comprehensive Rules to Ring-fence Algorithmic Trading
IFSCA has proposed comprehensive regulations for algorithmic trading in GIFT City, requiring mandatory exchange permissions and algorithm audits for market participants. The measures include establishing dummy filters for securities without price bands and granting exchanges authority to impose financial penalties for excessive order-to-execution ratios. These proposals aim to balance technological innovation with market integrity while addressing the growing popularity of algorithmic trading among retail investors.
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20Jan 26
Arohan Financial Services Plans ₹1,500 Crore IPO for Second Quarter of FY27
Arohan Financial Services plans a ₹1,500 crore IPO in Q2 of next financial year, split equally between fresh issue and OFS by investors like Tano Capital and Michael and Susan Dell Foundation. The NBFC-MFI maintains 99.70% collection efficiency and targets ₹7,000 crore portfolio by current fiscal end, expanding to ₹20,000 crore by 2030 through diversification into secured products.
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14Jan 26
Central Government Launches Composite Salary Account Package with Banking and Insurance Benefits
The Department of Financial Services has launched a composite salary account package for central government employees across all cadres, integrating banking, insurance, and card services. The package offers zero-balance accounts, free transfers, concessional loans, and comprehensive insurance coverage including personal accident insurance up to ₹1.50 crore and air accident insurance up to ₹2.00 crore. Public sector banks have been directed to promote the scheme and facilitate migration of existing accounts with employee consent.
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13Jan 26
Public insurers told to chase profits, younger customers and full digitalisation
DFS Secretary M. Nagaraju reviewed public sector insurance companies' performance for FY 2024-25 and H1 FY 2025-26, emphasizing profitability enhancement and digital transformation. The review covered LIC, GIC, NIACL, NICL, UIICL, OICL, and AICIL, with targets for 100% digital onboarding and improved customer service. Notable achievements included LIC's profitability progress and AICIL crossing ₹10,000 crore premium milestone.
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13Jan 26
Mahindra & Mahindra Financial Services Receives AAA Credit Rating Reaffirmation from CRISIL and India Ratings
Mahindra & Mahindra Financial Services Limited received credit rating reaffirmations from CRISIL and India Ratings on January 12, 2026. India Ratings maintained AAA/Stable ratings across multiple instruments including ₹39,000 crores of NCDs and ₹64,999.70 crores of bank loans. CRISIL reaffirmed AAA/Stable ratings for ₹32,875 crores of NCDs and ₹5,113.50 crores of subordinated debt. The ratings cover the company's comprehensive debt portfolio including commercial paper, fixed deposits, and various debenture categories.
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12Jan 26
Europe's Gender Pay Gap for Finance Boards Reaches Six-Year High Despite Rising Female Representation
European financial services boards experienced their worst gender pay gap in six years during 2024, with female non-executive directors earning only 62% of male compensation compared to 65% in 2023. Despite this setback, women's board representation improved to 41% in 2024, up from 35% in 2020. The situation contrasts with North America, where women earned 94% of male compensation while holding 38% of board positions. Globally, female directors averaged $252,672.00 versus $325,402.00 for men, maintaining a persistent 22% gap over five years.
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09Jan 26
Arohan Financial Services Plans ₹1,500 Crore IPO Filing by Early March
Arohan Financial Services plans to file DRHP for ₹1,500 crore IPO by early March, with equal split between primary issuance and secondary sale by legacy investors. The Aavishkaar Group-backed MFI maintains strong asset quality with gross NPA below 2% and targets ₹20,000 crore loan portfolio by FY30. Despite industry challenges and funding constraints from PSBs, the company leverages AI-driven processes and robust underwriting standards to sustain growth while supporting MFIN regulatory guidelines.
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07Jan 26
Gujarat Pipavav Port Reports Q3FY26 Operational Performance Data
Gujarat Pipavav Port Limited disclosed mixed Q3FY26 operational performance with container volumes declining to 174,000 TEUs from 177,000 TEUs year-on-year, while dry bulk cargo showed strong growth of 20.83% to 0.87 million MT. The port demonstrated resilience in diversified cargo handling with Ro Ro operations increasing 40.91% and liquid cargo growing 2.56%, though container train operations declined 11.69% during the quarter.
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05Jan 26
DFS Seeks Explanation From Insurance Councils On High Commissions Amid Growth Concerns
The Department of Financial Services has formally approached Life and General Insurance Councils demanding explanations for the disconnect between rising commission costs and stagnant business growth. Following IRDAI's annual report observations, a committee is developing a deferred commission framework with five-year deferment for corporate agents and three-year for individual agents to better align incentives with policy performance.
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05Jan 26
Department Of Financial Services Issues Notifications To Insurance Councils
The Department of Financial Services has sent notifications to Life and General Insurance Councils, though specific details about the content, purpose, or implications of these regulatory communications remain undisclosed.
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05Jan 26
Avanse Financial Services Raises ₹1,200 Crore from Existing Shareholders via Rights Issue
Avanse Financial Services raised ₹1,200 crore through a rights issue from existing shareholders Warburg Pincus, Kedaara Capital, and Alpha Investment Company LLC. The capital raise reflects strong investor confidence and supports the company's disciplined approach to building a diversified funding base. The funds will be used to scale education loan disbursements, improve infrastructure, and deepen institutional partnerships as the NBFC continues focusing on enabling academic aspirations of Indian students across domestic and international education segments.
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03Jan 26
Mahindra & Mahindra Financial Services ESG Rating Upgraded to 79.6 from 76.2
Mahindra & Mahindra Financial Services Limited received an upgraded ESG score of 79.6 from SES ESG Research Private Limited, improving from its previous rating of 76.2. The independent assessment was based on FY 2024-25 data and conducted by a SEBI registered Category II ESG rating provider. The company disclosed this development to stock exchanges on January 3rd, 2026, in compliance with SEBI Listing Regulations, reflecting enhanced performance in environmental, social, and governance parameters.
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03Jan 26
M&M Financial Services Reports 12% Asset Growth to ₹1,29,000 Crore with Steady Collection Efficiency
M&M Financial Services achieved 12% growth in business assets reaching ₹1,29,000 crore in December 2024. The company maintained collection efficiency at 95% with no year-over-year change, demonstrating effective risk management alongside business expansion. This performance reflects balanced growth strategy combining portfolio expansion with operational stability.
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03Jan 26
M&M Financial Services Reports 7% YoY Growth In Q3FY26 Disbursements At ₹17,600 Cr
Mahindra & Mahindra Financial Services delivered strong Q3FY26 performance with disbursements growing 7% YoY to ₹17,600 crore and business assets expanding 12% to ₹1,29,000 crore. The NBFC maintained stable collection efficiency at 95% while demonstrating improved asset quality with Stage-2 assets declining to 5.4%-5.5% from 6.3% year-ago, reflecting rural market recovery amid strong liquidity position exceeding ₹8,850 crore.
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02Jan 26
Government Panel Reviews Foreign Bank Proposals for India Operations
Government's inter-departmental committee led by DFS Secretary M Nagaraju reviewed foreign bank proposals for India operations, involving MHA, MEA, DoC, and RBI officials. The committee evaluated applications for branches, representative offices, and subsidiaries through multi-layered assessment covering security, political, and economic considerations, ultimately recommending the proposals after detailed deliberations.
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31Dec 25
M&M Financial Services Chief Business Officer Bijoy Thaplial Resigns Due to Personal Reasons
Mahindra & Mahindra Financial Services Limited announced the resignation of Chief Business Officer Bijoy Thaplial, effective December 31, 2025, due to personal reasons. The company complied with SEBI regulations by filing the necessary disclosures with BSE and NSE, with CFO Pradeep Agrawal signing the formal intimation. Thaplial's departure represents a significant change in senior management, as he oversaw leasing, partnerships, and payments operations for the financial services company.
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29Dec 25
M&M Financial Services Transfers 21,022 Equity Shares to Employees Under ESOP Scheme
Mahindra & Mahindra Financial Services Limited transferred 21,022 equity shares from its ESOP Trust to 10 eligible employees on December 29, 2025, under its Employee Stock Option Scheme 2010 and Restricted Stock Units Plan 2023. The largest share allocation went to Devendra Sharnagat with 8,668 shares, while the remaining shares were distributed among nine other employees. This transfer represents the successful execution of the company's employee stock compensation programs, allowing eligible personnel to convert vested options into equity ownership.
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28Dec 25
Finance Ministry Directs Banks for Prompt Vigilance Reporting on Board-Level Officials
The Finance Ministry has instructed public sector banks and financial institutions to ensure immediate reporting of vigilance-related matters concerning whole-time directors and board-level officials. This directive addresses concerns over delayed disclosure of adverse information about senior appointees. Banks must now report adverse inputs immediately, including alleged lapses in any capacity, and provide comprehensive disclosures in vigilance clearance processes. The order emphasizes strict compliance and immediate corrective action for any omission of significant information.
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08Dec 25
Mahindra Financial Services Appoints Parag Rao as Additional Non-Executive Director
M&M Financial Services has appointed Mr. Parag Rao as an Additional Director in a non-executive and non-independent capacity, effective December 10, 2025, subject to shareholder approval. Rao brings over 30 years of experience in Banking and FMCG sectors, including significant tenure at HDFC Bank where he led payments, technology, and digital transformation initiatives. He has held board positions at HBL Global, HDFC Ergo, and NPCI, and served on advisory boards for VISA Inc and Diners International Inc. Rao holds a B.Tech from REC Jamshedpur and an MMS from S.P. Jain Institute of Management.
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12Nov 25
M&M Financial Services Receives AAA Credit Rating Reaffirmation from Top Agencies
Mahindra & Mahindra Financial Services secured top-tier AAA credit rating reaffirmations from both CRISIL and India Ratings on December 11, 2025, covering various debt instruments including non-convertible debentures, subordinated debt, fixed deposits, and commercial paper worth thousands of crores. The ratings reflect the company's strong financial position and lowest credit risk profile.
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04Nov 25
Mahindra Finance Reports Robust Q2 FY'26 Performance with Improved Margins and Asset Quality
M&M Financial Services posted robust Q2 FY'26 results. Net Interest Margin expanded to 7.00% from 6.50% year-on-year. Profit After Tax grew by 25% to Rs. 1,100.00 crores for the half-year. Asset quality remained stable with Gross Stage 2 plus Gross Stage 3 at 9.70%. Tractor business showed significant growth of 41%. Trade advances increased to Rs. 6,800.00 crores during the festive season. The company maintained its credit cost guidance of 1.70% for the full year. Management expressed optimism about H2 performance, citing GST rate cuts and festive demand as positive drivers.
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28Oct 25
M&M Financial Services Appoints New COO and Independent Director, Reports Strong Q2 Results, and Updates Insider Trading Code
M&M Financial Services reported a 54% increase in net profit for Q2, reaching Rs 569 crores. The company's total income grew by 14% to Rs 4,489 crores, while Assets Under Management rose 13% to Rs 127,246 crores. The company also announced key leadership changes, including the appointment of Aarti Nihalani as COO and Padmaja Chunduru as an Additional Director. Additionally, M&M Financial updated its insider trading policies to align with recent SEBI regulations.
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28Oct 25
Mahindra Financial Services Fully Utilizes Rs 2,996 Crore Rights Issue Proceeds
M&M Financial Services has completely utilized the Rs 2,996.16 crore raised through its rights issue conducted from May 22 to June 6, 2025. The funds were deployed as follows: Rs 2,250 crore for augmenting long-term capital for business activities, Rs 738.17 crore for general corporate purposes, and Rs 7.99 crore for issue-related expenses. The monitoring agency report by CARE Ratings Limited confirmed no deviation from the stated objects of the rights issue, as per the Letter of Offer dated May 8, 2025.
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28Oct 25
Mahindra Financial Services Reports Strong Q2 FY26 Results with 54% PAT Growth
M&M Financial Services posted strong Q2 FY26 results with total revenue up 14% to Rs 4,472.67 crore and net profit surging 54% to Rs 569.31 crore. Assets Under Management grew 13% to Rs 1,27,246 crore, while disbursements increased 3% to Rs 13,514 crore. Asset quality improved with Gross Stage 3 assets at 3.9%. The company maintained a robust Capital Adequacy Ratio of 19.5% and a Liquidity Coverage Ratio of 346%. Tractor segment disbursements showed exceptional growth at 41%, while the CV & CE segment declined by 13%.
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14Oct 25
Mahindra & Mahindra Financial Services Appoints Alka Srivastava as Head of Underwriting
M&M Financial Services has announced that Ms. Alka Srivastava, currently the Business Head for CVCE, will become the new Head-Underwriting effective October 15, 2025. Srivastava brings 24 years of experience in Banking and Financial Services, including roles at HDFC Bank, Axis Bank, and CitiFinancial. She has been with M&M Financial Services for 3 years, serving as Business Head for CVCE for the past year. This appointment is part of the company's efforts to strengthen its underwriting capabilities.
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03Oct 25
Mahindra Financial Services Reports ₹13,500 Crore Disbursement in Q2, Business Assets Grow 13%
M&M Financial Services announced strong Q2 performance with estimated disbursements of ₹13,500 crore, up 3% year-on-year. Business assets grew by 13% to ₹1,26,800 crore. H1 disbursements reached ₹26,300 crore, a 2% increase. Stage 3 assets were at 3.9-4.0%, while Stage 2 assets improved to 5.75-5.85%. Collection efficiency remained steady at 96%. The company maintains a strong liquidity position exceeding ₹8,500 crore.
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19Aug 25
Credila Seeks $600M Foreign Loan After IPO Filing
Credila, an education loan provider, is in talks with foreign lenders like DBS, MUFG, and Sumitomo Mitsui Banking Corp to raise up to $600 million through external commercial borrowing. The loan is being marketed at 135-150 basis points over SOFR, with an expected interest rate of 5.5-6%. This move follows Credila's recent filing of draft IPO papers to raise ₹5,000 crore. The company has expanded its lender base from 19 to 29 in two years, with offshore borrowings now accounting for 18.4% of total debt. HDFC Bank has sold its stake to EQT's Kopvoorn BV and ChrysCapital entities, with Kopvoorn holding a 63.96% stake. Credila's average borrowings have increased by 62.9% to ₹32,700 crore, while the average cost of debt rose slightly to 8.85%.
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11Aug 25
Mahindra Finance and ICICI Lombard Join Forces to Boost Motor Insurance Accessibility
Mahindra Finance and ICICI Lombard General Insurance have formed a strategic partnership to distribute motor insurance products across India. Mahindra Finance will utilize its extensive network of over 11 million customers in rural and semi-urban areas to offer ICICI Lombard's motor insurance solutions. The collaboration aims to enhance financial inclusion and protection for customers, leveraging ICICI Lombard's tech-driven approach and Mahindra Finance's wide reach across 516,000 villages and 8,000 towns.
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07Aug 25
Zerodha's Rainmatter Acquires 5% Stake in Capitalmind Financial Services
Rainmatter, Zerodha's investment arm, has acquired approximately 5% stake in Capitalmind Financial Services, marking the latter's first institutional funding. The investment is capped at 10% due to regulatory requirements. Rainmatter will not take a board seat, allowing Capitalmind to maintain operational independence. This move follows Capitalmind's recent launch of its fund business and mutual fund operations. The investment aligns with Rainmatter's goal of supporting companies that help Indians manage money effectively.
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04Aug 25
HDB Financial Shares Dip Below IPO Price Following Weak Quarterly Results
M&M Financial Services, a subsidiary of HDFC Bank, saw its shares fall 1.40% to ₹738.25, dropping below its IPO issue price of ₹740.00. The decline followed the announcement of quarterly results showing deteriorating asset quality metrics. The company's gross NPA ratio increased to 2.56%, net NPA ratio rose to 1.11%, and credit costs climbed to 2.50%. Despite a strong IPO that raised ₹12,000 crore and was oversubscribed 17.65 times, the stock has fallen 11.00% since listing.
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24Jul 25
Mahindra Finance Shareholders Approve Rs. 1,50,000 Crore Borrowing Limit and Key Appointments
At M&M Financial Services' 35th AGM, shareholders approved several important resolutions. The borrowing limit was increased to Rs. 1,50,000 crore. Dr. Rebecca Nugent was re-appointed as an Independent Director for a five-year term. M/s. Makarand M. Joshi & Co. was appointed as the Secretarial Auditor for a five-year term. The resolutions received strong support, with voting in favor ranging from 99.67% to 100%. Shareholders also approved financial statements and dividend declaration.
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22Jul 25
Mahindra Finance Reports 3% Profit Growth in Q1, Appoints New Chief Legal Officer
M&M Financial Services reported a 3% year-on-year increase in standalone PAT to Rs 530.00 crore for Q1 FY24. The company's loan book grew by 15%, with total AUM rising to Rs 1,22,008.00 crore. Total income increased by 18% to Rs 4,438.00 crore, while NII grew 18% to Rs 2,285.00 crore. Asset quality remained stable with GS3 at 3.8% and GS2+GS3 at 9.7%. Disbursements saw a 1% year-on-year increase, totaling Rs 12,808.00 crore, with tractor disbursements growing 21%. The company maintained a strong liquidity position and a capital adequacy ratio of 20.6%. Additionally, Ms. Ketaki Suklikar was appointed as the new Chief Legal Officer, effective November 1.
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22Jul 25
Mahindra Finance Reports 3% Rise in Q1 Profit, Loan Book Grows 15% Amid Rising Stage-3 Assets
M&M Financial Services reported a 3% year-on-year increase in net profit to Rs 530.00 crore for Q1, driven by an 18% rise in total income to Rs 4,438.00 crore. The loan book grew by 15% to Rs 1,22,008.00 crore. However, the company faced challenges with asset quality as Gross Stage 3 assets increased to 3.85% from 3.69%. The company maintained its leadership in tractor financing and saw significant growth in non-vehicle finance portfolio. Strategic initiatives included implementing a product-led collections strategy and enhancing digital operations.
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03Jul 25
M&M Financial Services Shares Rise Despite Asset Quality Concerns
M&M Financial Services shares increased by over 2% following their Q1 business update, despite Morgan Stanley raising concerns about asset quality and growth prospects. The update revealed a decline in collection efficiency from 97% to 95%. Morgan Stanley maintained an 'equal-weight' rating on the company. M&M Financial Services is implementing a strategic shift towards better-quality loan segments, which may impact loan yields and profitability metrics in the short term.
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02Jul 25
M&M Financial Reports Steady Q1 Performance with ₹12,800 Crore Loan Disbursements
M&M Financial Services showed resilience in Q1 with a 1% YoY increase in loan disbursements to ₹12,800 crore. Business assets grew 15% YoY to ₹1,22,000 crore. Collection efficiency improved to 95%. Stage-3 assets slightly increased to 3.80-3.90%, while Stage-2 assets were at 5.80-5.90%. The company maintains a strong liquidity position with a buffer exceeding ₹9,600 crore.
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27Jun 25
Mahindra & Mahindra Financial Services to Review Q1 Results on July 22
M&M Financial Services Ltd, a leading Indian non-banking financial company, has announced plans to review its Q1 financial results on July 22. This review will provide insights into the company's performance for the first three months of the fiscal year, covering aspects such as revenue, profitability, loan disbursements, and asset quality. The announcement is significant for investors and analysts, as it may impact stock prices and investor sentiment depending on how the results compare to market expectations.
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09Jun 25
M&M Boosts Stake in M&M Financial Services via ₹1,653 Crore Rights Issue
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.
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08May 25
Mahindra & Mahindra Financial Services Unveils ₹2,996.16 Crore Rights Issue
Mahindra & Mahindra Financial Services has announced a rights issue to raise ₹2,996.16 crore. The issue price is set at ₹194.00 per share for 15.44 crore shares, with a rights entitlement ratio of 1:8. The record date is May 14, 2025, with the issue opening on May 22, 2025, and closing on June 6, 2025. This capital raise aims to strengthen the company's financial position and support future growth initiatives in the non-banking financial sector.
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02May 25
Mahindra & Mahindra Financial Services Reaffirms Rs 3,000 Crore Rights Issue Plan
Mahindra & Mahindra Financial Services has reaffirmed its plan to raise Rs 3,000 crore through a rights issue to eligible equity shareholders. The board approved this fundraising plan, initially announced on February 13, 2025. The company's total assets grew by 19.69% year-over-year to Rs 115,159.00 crore in FY 2024, while total equity stood at Rs 18,157.50 crore. This significant fund raise, representing about 16.52% of the company's current total equity, could potentially enhance its loan book expansion, capital adequacy ratio, technological investments, and market exploration capabilities.
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28Apr 25
Mahindra Finance Aims for Steady Growth Amid Challenging Market Conditions
Mahindra & Mahindra Financial Services Limited (MMFSL) reported 17% AUM growth to ₹119,673.00 crore in FY2025, with improved asset quality (GS3 at 3.70%) and reduced credit cost (1.30%). The company plans to increase non-wheels business from 7% to 25% of AUM in 3-5 years, while maintaining focus on vehicle financing. MMFSL targets mid to high-teen growth, emphasizing tractor and SUV segments, and exploring SME, leasing, and affordable housing opportunities. Management aims to improve Net Interest Margins and achieve ROA above 2% in the coming years.
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23Apr 25
Mahindra Finance Reports 33% Growth in FY25 Profit, Improved Asset Quality in Q4
Mahindra & Mahindra Financial Services announced strong financial results for FY25, with standalone net profit growing 33% YoY to Rs 2,345.00 crore. Assets under management increased 17% to Rs 119,673.00 crore. The company's loan book grew 17% to Rs 116,214.00 crore. However, Q4 FY25 standalone net profit decreased 9% YoY to Rs 563.00 crore. Asset quality showed improvement, though Net Interest Margins declined. The Board recommended a dividend of Rs 6.50 per share (325%).
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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M&M Financial Services
361.85
+8.25
(+2.33%)
1 Year Returns:+27.43%
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