Mahindra and Mahindra Financial Services Ltd
M&MFINMahindra and Mahindra Financial Services Ltd
M&MFIN![](https://assets.tickertape.in/sector-icons/financials.png)
![](https://assets.tickertape.in/sector-icons/midcap.png)
![](https://assets.tickertape.in/sector-icons/moderate_risk.png)
Price Chart
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
17.27 | 1.79 | 2.17% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
17.94 | 2.65 | 0.82% |
Forecast & Ratings
Detailed Forecast from 29 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Mahindra & Mahindra Financial Services Limited is a non-banking financial company (NBFC). The Company serves the financing needs of population residing in rural and semi-urban areas of India.
Investor Presentation
View olderPeers
Compare with peersBajaj Finance Ltd
Jio Financial Services Ltd
Cholamandalam Investment and Finance Company Ltd
Shriram Finance Ltd
Muthoot Finance Ltd
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 6,597.45 | 7,200.65 | 7,942.86 | 10,477.78 | 12,042.36 | 12,438.58 | 11,466.10 | 12,875.72 | 16,026.43 | 16,749.75 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 13,698.59 | ||||||||||
Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
Employee Cost | 704.09 | 886.64 | 1,136.61 | 1,477.95 | 1,609.82 | 1,384.01 | 1,613.12 | 2,115.33 | 2,261.44 | |||||||||||
Selling & Administrative Expenses | 656.99 | 813.19 | 701.66 | 740.65 | 700.47 | 500.36 | 770.96 | 1,076.19 | 1,676.88 | |||||||||||
Operating & Other expenses | 3,966.54 | 4,609.35 | 4,144.58 | 5,342.88 | 7,983.17 | 9,469.56 | 7,380.61 | 6,654.48 | 9,225.08 | |||||||||||
EBITDA | 1,269.83 | 891.47 | 1,960.01 | 2,916.30 | 1,748.90 | 1,084.65 | 1,701.41 | 3,029.72 | 2,863.03 | 3,051.16 | ||||||||||
Depreciation/Amortization | 45.70 | 53.72 | 55.21 | 75.53 | 146.87 | 150.51 | 151.99 | 225.96 | 274.85 | 284.31 | ||||||||||
PBIT | 1,224.13 | 837.75 | 1,904.80 | 2,840.77 | 1,602.03 | 934.14 | 1,549.42 | 2,803.76 | 2,588.18 | 2,766.85 | ||||||||||
Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
PBT | 1,224.13 | 837.75 | 1,904.80 | 2,840.77 | 1,602.03 | 934.14 | 1,549.42 | 2,803.76 | 2,588.18 | 2,766.85 | ||||||||||
Taxes & Other Items | 451.83 | 326.11 | 719.61 | 1,013.46 | 526.88 | 160.93 | 412.55 | 731.36 | 655.49 | 695.19 | ||||||||||
Net Income | 772.30 | 511.64 | 1,185.19 | 1,827.31 | 1,075.15 | 773.21 | 1,136.87 | 2,072.40 | 1,932.69 | 2,071.66 | ||||||||||
EPS | 8.34 | 5.52 | 12.25 | 18.13 | 10.66 | 6.90 | 9.22 | 16.80 | 15.66 | 16.78 | ||||||||||
DPS | 2.44 | 1.46 | 2.44 | 3.96 | 0.00 | 0.80 | 3.60 | 6.00 | 6.30 | 6.00 | ||||||||||
Payout ratio | 0.29 | 0.26 | 0.20 | 0.22 | 0.00 | 0.12 | 0.39 | 0.36 | 0.40 | 0.36 |
Company Updates
Peers & Comparison
FinancialsConsumer Finance
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Mahindra and Mahindra Financial Services Ltd | 18.51 | 1.79 | 2.17% |
Bajaj Finance Ltd | 28.45 | 5.36 | 0.54% |
Jio Financial Services Ltd | 130.35 | 1.83 | — |
Cholamandalam Investment and Finance Company Ltd | 33.50 | 5.85 | 0.15% |
Price Comparison
Compare M&MFIN with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.87%
Shareholding Pattern
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 1.94%
Top 5 Mutual Funds holding Mahindra and Mahindra Financial Services Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
HDFC Mid-Cap Opportunities Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 3.5748% | Percentage of the fund’s portfolio invested in the stock 1.81% | Change in the portfolio weight of the stock over the last 3 months 0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 45/76 (+1) |
Kotak Emerging Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.1331% | Percentage of the fund’s portfolio invested in the stock 0.90% | Change in the portfolio weight of the stock over the last 3 months -0.13% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 27/80 (0) |
SBI Long Term Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0259% | Percentage of the fund’s portfolio invested in the stock 1.54% | Change in the portfolio weight of the stock over the last 3 months 0.11% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 21/70 (+1) |
Compare 3-month MF holding change on Screener
smallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have Mahindra and Mahindra Financial Services Ltd
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateJul 16, 2024
Dividend/Share
₹6.30
Ex DateEx Date
Jul 16, 2024
Cash Dividend
Ex DateEx DateJul 21, 2023
Dividend/Share
₹6.00
Ex DateEx Date
Jul 21, 2023
Cash Dividend
Ex DateEx DateJul 20, 2022
Dividend/Share
₹3.60
Ex DateEx Date
Jul 20, 2022
Cash Dividend
Ex DateEx DateJul 16, 2021
Dividend/Share
₹0.80
Ex DateEx Date
Jul 16, 2021
Cash Dividend
Ex DateEx DateJul 15, 2019
Dividend/Share
₹2.50
Ex DateEx Date
Jul 15, 2019
Broker’s call: M&M Financial (Buy)
M&M Financial Q1 PAT up 45% YoY, NII up 15%
![](https://pocket-image-cache.com/direct?url=http://bl-i.thgim.com/public/incoming/vc9u4c/article68440492.ece/alternates/LANDSCAPE_1200/mm%20financial.jpg)
Buy Mahindra & Mahindra Financial Services, target price Rs 350: Motilal Oswal
![](https://pocket-image-cache.com/direct?url=http://img.etimg.com/thumb/msid-111975695,width-1200,height-630,imgsize-77238,overlay-etmarkets/photo.jpg)
M&M Fin Q1 profit jumps 45 pc to Rs 513 cr
![](https://pocket-image-cache.com/direct?url=http://bsmedia.business-standard.com/_media/bs/img/article/2024-07/19/thumb/featurecrop/400X400/1721399234-6789.jpg)
Mahindra Finance gains as Q1 PAT jumps 45% YoY to Rs 513 cr
![](https://pocket-image-cache.com/direct?url=http://www.business-standard.com/assets/web-assets/images/Business_Standard_685x385.jpg)
Mahindra & Mahindra Financial Services consolidated net profit rises 38.74% in the June 2024 quarter
![](https://pocket-image-cache.com/direct?url=http://www.business-standard.com/assets/web-assets/images/Business_Standard_685x385.jpg)
Total income increased by 20% year on year to Rs 3,760 crore in the quarter ended 30 June 2024. Profit before tax was at Rs 686.38 crore during the quarter, up 44.94% from Rs 473.54 crore posted in Q1 FY24. Net interest income (NII) in Q1 FY25 stood at Rs 1,932 crore, up 15% YoY. Net interest margin (NIM) was at 6.6% in Q1 FY25 as compared with 6.8% for Q1 FY24. Disbursement during the quarter was at Rs 12,741 crore, registering a growth of 5% YoY. The collection efficiency remained steady at 94%, similar to the same quarter of the previous year. Gross loan book was at Rs 1,06,339 crore as on 30 June 2024, up 22.60% on YoY basis. During quarter ended 30 June 2024, assets under management (AUM) jumped 23% YoY to Rs 1,06,339 crore. With a focus on underwriting standards and addressing early bucket delinquency, the asset quality remained stable. Stage-2 and stage-3 together remained below 10%. The stage 3 assets at 3.6% (versus 3.4% as of 31 March 2024) are within the defined risk guardrails for the company. Capital adequacy ratio stood healthy at 18.5% (tier I capital at 16.4%). Provision coverage on Stage 3 loans remained prudent at 59.8%. Total liquidity buffer is better at Rs 8,216 crore. The collection efficiency remained steady at 94%, similar to the same quarter of the previous year. On consolidated basis, the company's net profit was at Rs 497.66 crore in Q1 FY25, registering a growth of 38.74% as against with Rs 358.69 crore posted in Q1 FY24. Revenue from operations stood at Rs 43.15 crore, up 20.42% year on year. Mahindra & Mahindra Financial Services (Mahindra Finance), part of the Mahindra Group, is one of India's leading non-banking finance companies. Focused on the rural and semi-urban sector, the company has over 10 million customers and has an AUM of over $11 billion. The company is a leading vehicle and tractor financier, provides loans to SMEs and also offers fixed deposits.Powered by Capital Market - Live
Net profit of Mahindra & Mahindra Financial Services rose 38.74% to Rs 497.66 crore in the quarter ended June 2024 as against Rs 358.69 crore during the previous quarter ended June 2023. Sales rose 20.44% to Rs 4315.52 crore in the quarter ended June 2024 as against Rs 3583.20 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales4315.523583.20 20 OPM %61.1558.02 - PBDT737.29549.16 34 PBT661.47482.80 37 NP497.66358.69 39 Powered by Capital Market - Live
Stock Alert: Reliance Industries, Cyient DLM, Zensar Tech, Suzlon Energy, Federal Bank, Gensol Engineering
![](https://pocket-image-cache.com/direct?url=http://www.business-standard.com/assets/web-assets/images/Business_Standard_685x385.jpg)
Short Take: M&MFin F&O Contracts Adjustment
![](https://pocket-image-cache.com/direct?url=http://bl-i.thgim.com/public/incoming/nvxomc/article67132907.ece/alternates/LANDSCAPE_1200/PO08_Piggy.jpg)
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.87%, vs industry avg of 14.73%
Decreasing Market Share
Over the last 5 years, market share decreased from 8.47% to 7.15%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 1.13%, vs industry avg of 21.21%