Share Price and Basic Stock Data
Last Updated: February 3, 2026, 2:34 am
| PEG Ratio | 1.19 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Mahindra & Mahindra Financial Services Ltd (M&M Finance) operates in the finance and investments sector, focusing primarily on providing financial services to the rural and semi-urban sectors of India. As of September 2023, the company’s share price stood at ₹370, with a market capitalization of ₹51,478 Cr. The company reported a steady increase in revenue, which rose from ₹3,011 Cr in September 2022 to ₹3,833 Cr by September 2023, reflecting a year-on-year growth trend. This upward trajectory continued into December 2023 with revenues reaching ₹4,100 Cr. The annual revenue for FY 2023 was ₹12,828 Cr, and it is projected to reach ₹15,963 Cr in FY 2024, indicating a robust growth strategy. The company’s reliance on rural financing has positioned it well within its niche, capitalizing on India’s increasing demand for financial solutions tailored to underserved markets.
Profitability and Efficiency Metrics
M&M Finance’s profitability metrics displayed a mixed performance over recent quarters. The net profit for the quarter ending September 2023 was ₹287 Cr, which marked a decline from ₹675 Cr in March 2023. However, the company managed to report a net profit of ₹623 Cr in December 2023, indicating a rebound. The reported return on equity (ROE) for FY 2025 stood at 10.9%, while the return on capital employed (ROCE) was 8.77%, both of which align closely with industry standards. The interest coverage ratio (ICR) was recorded at 1.39x, suggesting that M&M Finance has adequate earnings to cover interest expenses. However, the financing margin percentage saw a decline to 11% in September 2023, suggesting potential pressure on profitability, which the company must address to maintain investor confidence.
Balance Sheet Strength and Financial Ratios
The balance sheet of M&M Finance reflects a solid foundation, with total assets amounting to ₹144,105 Cr as of March 2025. The company’s equity capital has remained stable at ₹247 Cr, while reserves grew significantly to ₹21,282 Cr. The borrowing levels increased to ₹119,093 Cr, leading to a total debt-to-equity ratio of 5.53x, which is relatively high compared to industry norms. The price-to-book value ratio stood at 1.62x, indicating that the market is valuing the company’s equity favorably. Furthermore, the current ratio of 1.88x suggests that M&M Finance has adequate liquidity to meet its short-term obligations. These financial ratios show that while the company is expanding its leverage to fuel growth, it must manage this debt carefully to avoid potential liquidity issues.
Shareholding Pattern and Investor Confidence
The shareholding pattern of M&M Finance reveals a diversified ownership structure, with promoters holding 52.49% of the shares as of September 2025. Institutional investors, including foreign institutional investors (FIIs) and domestic institutional investors (DIIs), hold 9.59% and 32.29% of the shares, respectively. This institutional backing indicates a level of confidence in the company’s future prospects. The number of shareholders has increased to 2,22,526, suggesting growing retail interest in the stock. However, the decline in FII holdings from 16.09% in December 2022 to 9.59% in September 2025 raises concerns about foreign investor sentiment. This shift may reflect broader market dynamics or specific concerns regarding the company’s performance and profitability metrics.
Outlook, Risks, and Final Insight
The outlook for M&M Finance remains cautiously optimistic, given its consistent revenue growth and robust market position in rural financing. However, the company faces several risks, including rising interest rates that could impact its borrowing costs and profitability margins. Additionally, the fluctuating financing margins and declining net profits in certain quarters indicate potential operational challenges. The company must navigate these risks while leveraging its strengths, such as a strong reserve base and a diversified funding structure. To enhance investor confidence, M&M Finance should focus on improving its profitability metrics and maintaining a balanced approach to growth and debt management. A proactive strategy in addressing these challenges will be crucial for sustaining its growth trajectory in the competitive financial services landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Modern Shares & Stockbrokers Ltd | 11.4 Cr. | 38.9 | 54.9/36.4 | 54.3 | 44.4 | 0.00 % | 3.32 % | 1.74 % | 10.0 |
| Monarch Networth Capital Ltd | 2,306 Cr. | 291 | 455/265 | 14.4 | 111 | 0.34 % | 33.3 % | 26.2 % | 10.0 |
| Monotype India Ltd | 28.8 Cr. | 0.41 | 0.97/0.38 | 3.99 | 0.03 | 0.00 % | 286 % | % | 1.00 |
| Multipurpose Trading & Agencies Ltd | 3.76 Cr. | 7.60 | 11.6/7.58 | 9.25 | 0.00 % | 3.68 % | 3.38 % | 10.0 | |
| Munoth Financial Services Ltd | 13.8 Cr. | 27.0 | 69.9/27.0 | 19.9 | 0.00 % | 2.41 % | 3.38 % | 10.0 | |
| Industry Average | 6,985.44 Cr | 1,247.45 | 69.98 | 4,367.94 | 0.39% | 21.71% | 14.20% | 7.28 |
All Competitor Stocks of Mahindra & Mahindra Financial Services Ltd
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,011 | 3,324 | 3,463 | 3,583 | 3,833 | 4,100 | 4,280 | 4,316 | 4,465 | 4,797 | 4,886 | 4,991 | 5,026 |
| Interest | 1,192 | 1,373 | 1,477 | 1,597 | 1,703 | 1,798 | 1,861 | 1,960 | 2,062 | 2,175 | 2,218 | 2,280 | 2,198 |
| Expenses | 1,071 | 1,041 | 1,072 | 1,504 | 1,724 | 1,456 | 1,520 | 1,676 | 1,830 | 1,325 | 2,001 | 1,964 | 2,015 |
| Financing Profit | 748 | 910 | 913 | 482 | 406 | 846 | 900 | 679 | 573 | 1,297 | 667 | 746 | 814 |
| Financing Margin % | 25% | 27% | 26% | 13% | 11% | 21% | 21% | 16% | 13% | 27% | 14% | 15% | 16% |
| Other Income | -26 | 36 | 86 | 67 | 44 | 50 | 68 | 58 | 28 | 19 | 27 | 43 | 39 |
| Depreciation | 55 | 63 | 65 | 66 | 67 | 69 | 72 | 76 | 79 | 82 | 85 | 86 | 94 |
| Profit before tax | 668 | 884 | 934 | 483 | 383 | 826 | 896 | 661 | 523 | 1,233 | 609 | 704 | 759 |
| Tax % | 26% | 25% | 28% | 25% | 25% | 25% | 25% | 25% | 25% | 26% | 25% | 25% | 25% |
| Net Profit | 492 | 664 | 675 | 362 | 287 | 623 | 671 | 497 | 390 | 918 | 456 | 529 | 566 |
| EPS in Rs | 3.53 | 4.76 | 4.90 | 2.58 | 2.02 | 4.48 | 4.82 | 3.58 | 2.80 | 6.60 | 3.29 | 3.80 | 4.06 |
| Gross NPA % | |||||||||||||
| Net NPA % |
Last Updated: December 30, 2025, 2:06 am
Below is a detailed analysis of the quarterly data for Mahindra & Mahindra Financial Services Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Interest, as of Sep 2025, the value is 2,198.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,280.00 Cr. (Jun 2025) to 2,198.00 Cr., marking a decrease of 82.00 Cr..
- For Expenses, as of Sep 2025, the value is 2,015.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,964.00 Cr. (Jun 2025) to 2,015.00 Cr., marking an increase of 51.00 Cr..
- For Other Income, as of Sep 2025, the value is 39.00 Cr.. The value appears to be declining and may need further review. It has decreased from 43.00 Cr. (Jun 2025) to 39.00 Cr., marking a decrease of 4.00 Cr..
- For Depreciation, as of Sep 2025, the value is 94.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 86.00 Cr. (Jun 2025) to 94.00 Cr., marking an increase of 8.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 759.00 Cr.. The value appears strong and on an upward trend. It has increased from 704.00 Cr. (Jun 2025) to 759.00 Cr., marking an increase of 55.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 25.00%.
- For Net Profit, as of Sep 2025, the value is 566.00 Cr.. The value appears strong and on an upward trend. It has increased from 529.00 Cr. (Jun 2025) to 566.00 Cr., marking an increase of 37.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 4.06. The value appears strong and on an upward trend. It has increased from 3.80 (Jun 2025) to 4.06, marking an increase of 0.26.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:01 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,294 | 6,051 | 6,586 | 7,189 | 7,910 | 10,429 | 11,995 | 12,382 | 11,419 | 12,828 | 15,963 | 18,519 | 19,699 |
| Interest | 2,281 | 2,643 | 2,868 | 3,186 | 3,436 | 4,432 | 5,391 | 5,308 | 4,417 | 5,094 | 6,959 | 8,415 | 8,870 |
| Expenses | 1,532 | 1,972 | 2,459 | 3,123 | 2,547 | 3,129 | 4,903 | 6,046 | 5,347 | 4,696 | 6,204 | 6,832 | 7,305 |
| Financing Profit | 1,481 | 1,435 | 1,258 | 880 | 1,927 | 2,868 | 1,702 | 1,028 | 1,655 | 3,038 | 2,799 | 3,271 | 3,524 |
| Financing Margin % | 28% | 24% | 19% | 12% | 24% | 28% | 14% | 8% | 14% | 24% | 18% | 18% | 18% |
| Other Income | 7 | 10 | 12 | 12 | 33 | 49 | 47 | 57 | 47 | -8 | 64 | 77 | 127 |
| Depreciation | 26 | 46 | 46 | 54 | 55 | 76 | 147 | 151 | 152 | 226 | 275 | 321 | 347 |
| Profit before tax | 1,462 | 1,400 | 1,224 | 838 | 1,905 | 2,841 | 1,602 | 934 | 1,549 | 2,804 | 2,588 | 3,027 | 3,305 |
| Tax % | 34% | 34% | 36% | 37% | 36% | 34% | 32% | 16% | 26% | 26% | 25% | 25% | |
| Net Profit | 965 | 925 | 787 | 530 | 1,216 | 1,867 | 1,086 | 780 | 1,150 | 2,071 | 1,943 | 2,261 | 2,469 |
| EPS in Rs | 7.46 | 7.13 | 6.03 | 4.00 | 8.53 | 13.15 | 7.73 | 5.56 | 8.18 | 14.91 | 13.90 | 16.27 | 17.75 |
| Dividend Payout % | 22% | 25% | 29% | 27% | 21% | 22% | 0% | 13% | 39% | 36% | 40% | 35% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -4.15% | -14.92% | -32.66% | 129.43% | 53.54% | -41.83% | -28.18% | 47.44% | 80.09% | -6.18% | 16.37% |
| Change in YoY Net Profit Growth (%) | 0.00% | -10.77% | -17.74% | 162.09% | -75.90% | -95.37% | 13.66% | 75.61% | 32.65% | -86.27% | 22.55% |
Mahindra & Mahindra Financial Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 9% |
| 3 Years: | 17% |
| TTM: | 16% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 16% |
| 3 Years: | 26% |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 15% |
| 3 Years: | 7% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 9% |
| 3 Years: | 11% |
| Last Year: | 11% |
Last Updated: September 5, 2025, 10:15 am
Balance Sheet
Last Updated: December 4, 2025, 1:36 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 113 | 113 | 113 | 113 | 123 | 123 | 123 | 246 | 247 | 247 | 247 | 247 | 278 |
| Reserves | 5,181 | 5,830 | 6,356 | 6,847 | 9,732 | 11,146 | 11,846 | 15,530 | 16,650 | 18,313 | 19,686 | 21,282 | 24,482 |
| Borrowing | 25,893 | 29,232 | 34,044 | 40,644 | 44,986 | 58,802 | 65,634 | 65,101 | 62,126 | 81,429 | 100,215 | 119,093 | 121,389 |
| Other Liabilities | 2,871 | 3,459 | 4,494 | 5,619 | 3,889 | 4,505 | 4,189 | 4,724 | 4,787 | 5,096 | 3,567 | 3,483 | 2,937 |
| Total Liabilities | 34,057 | 38,633 | 45,007 | 53,223 | 58,730 | 74,576 | 81,793 | 85,601 | 83,809 | 105,085 | 123,716 | 144,105 | 149,086 |
| Fixed Assets | 128 | 119 | 129 | 133 | 147 | 201 | 455 | 399 | 515 | 871 | 1,008 | 1,207 | 1,294 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 12 | 2 | 3 | 106 | 66 | 2 |
| Investments | 722 | 654 | 1,199 | 1,374 | 2,378 | 3,327 | 5,340 | 12,126 | 8,654 | 10,063 | 9,598 | 10,590 | 7,759 |
| Other Assets | 33,207 | 37,860 | 43,679 | 51,714 | 56,205 | 71,046 | 75,996 | 73,064 | 74,637 | 94,148 | 113,004 | 132,242 | 140,031 |
| Total Assets | 34,057 | 38,633 | 45,007 | 53,223 | 58,730 | 74,576 | 81,793 | 85,601 | 83,809 | 105,085 | 123,716 | 144,105 | 149,086 |
Below is a detailed analysis of the balance sheet data for Mahindra & Mahindra Financial Services Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 278.00 Cr.. The value appears strong and on an upward trend. It has increased from 247.00 Cr. (Mar 2025) to 278.00 Cr., marking an increase of 31.00 Cr..
- For Reserves, as of Sep 2025, the value is 24,482.00 Cr.. The value appears strong and on an upward trend. It has increased from 21,282.00 Cr. (Mar 2025) to 24,482.00 Cr., marking an increase of 3,200.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 2,937.00 Cr.. The value appears to be improving (decreasing). It has decreased from 3,483.00 Cr. (Mar 2025) to 2,937.00 Cr., marking a decrease of 546.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 149,086.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 144,105.00 Cr. (Mar 2025) to 149,086.00 Cr., marking an increase of 4,981.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,294.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,207.00 Cr. (Mar 2025) to 1,294.00 Cr., marking an increase of 87.00 Cr..
- For CWIP, as of Sep 2025, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 66.00 Cr. (Mar 2025) to 2.00 Cr., marking a decrease of 64.00 Cr..
- For Investments, as of Sep 2025, the value is 7,759.00 Cr.. The value appears to be declining and may need further review. It has decreased from 10,590.00 Cr. (Mar 2025) to 7,759.00 Cr., marking a decrease of 2,831.00 Cr..
- For Other Assets, as of Sep 2025, the value is 140,031.00 Cr.. The value appears strong and on an upward trend. It has increased from 132,242.00 Cr. (Mar 2025) to 140,031.00 Cr., marking an increase of 7,789.00 Cr..
- For Total Assets, as of Sep 2025, the value is 149,086.00 Cr.. The value appears strong and on an upward trend. It has increased from 144,105.00 Cr. (Mar 2025) to 149,086.00 Cr., marking an increase of 4,981.00 Cr..
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -24.00 | -28.00 | -32.00 | -37.00 | -42.00 | -55.00 | -61.00 | -59.00 | -57.00 | -77.00 | -94.00 | -113.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 19% | 16% | 12% | 8% | 14% | 17% | 9% | 5% | 7% | 12% | 10% | 11% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| HDFC Mid Cap Fund | 61,975,386 | 2.7 | 2497.61 | N/A | N/A | N/A |
| SBI ELSS Tax Saver Fund | 21,086,115 | 2.61 | 849.77 | N/A | N/A | N/A |
| SBI Contra Fund | 19,717,172 | 1.59 | 794.6 | 6,828,150 | 2025-12-08 00:07:54 | 188.76% |
| SBI Midcap Fund | 19,000,000 | 3.28 | 765.7 | 22,500,000 | 2026-01-26 06:12:10 | -15.56% |
| Sundaram Mid Cap Fund | 11,544,032 | 3.5 | 465.22 | 11,843,703 | 2026-01-25 06:27:19 | -2.53% |
| SBI Balanced Advantage Fund | 10,993,611 | 1.11 | 443.04 | N/A | N/A | N/A |
| Nippon India Growth Mid Cap Fund | 10,499,100 | 1 | 423.11 | N/A | N/A | N/A |
| HDFC Large and Mid Cap Fund | 9,829,103 | 1.37 | 396.11 | N/A | N/A | N/A |
| Franklin India Mid Cap Fund | 7,539,186 | 2.37 | 303.83 | 8,614,462 | 2026-01-26 00:57:43 | -12.48% |
| Tata Large & Mid Cap Fund | 5,750,000 | 2.67 | 231.73 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Basic EPS (Rs.) | 18.32 | 15.66 | 16.81 | 9.23 | 6.99 |
| Diluted EPS (Rs.) | 18.31 | 15.65 | 16.79 | 9.21 | 6.98 |
| Cash EPS (Rs.) | 20.38 | 17.51 | 18.27 | 10.20 | 7.23 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 174.34 | 161.82 | 151.60 | 138.18 | 128.86 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 174.34 | 161.82 | 151.60 | 138.18 | 128.86 |
| Revenue From Operations / Share (Rs.) | 149.51 | 127.97 | 102.95 | 91.79 | 98.30 |
| PBDIT / Share (Rs.) | 94.73 | 79.12 | 65.96 | 49.09 | 49.71 |
| PBIT / Share (Rs.) | 92.13 | 76.89 | 64.13 | 47.86 | 48.49 |
| PBT / Share (Rs.) | 23.98 | 20.51 | 22.38 | 12.20 | 7.26 |
| Net Profit / Share (Rs.) | 17.78 | 15.29 | 16.44 | 8.96 | 6.01 |
| NP After MI And SOA / Share (Rs.) | 18.32 | 15.66 | 16.80 | 9.22 | 6.28 |
| PBDIT Margin (%) | 63.36 | 61.82 | 64.07 | 53.48 | 50.56 |
| PBIT Margin (%) | 61.62 | 60.08 | 62.29 | 52.14 | 49.32 |
| PBT Margin (%) | 16.04 | 16.02 | 21.73 | 13.29 | 7.38 |
| Net Profit Margin (%) | 11.89 | 11.94 | 15.96 | 9.76 | 6.11 |
| NP After MI And SOA Margin (%) | 12.25 | 12.23 | 16.31 | 10.04 | 6.38 |
| Return on Networth / Equity (%) | 10.50 | 9.69 | 11.16 | 6.72 | 4.90 |
| Return on Capital Employeed (%) | 16.38 | 15.29 | 14.00 | 11.58 | 12.21 |
| Return On Assets (%) | 1.56 | 1.56 | 1.97 | 1.35 | 0.90 |
| Long Term Debt / Equity (X) | 2.20 | 2.08 | 2.01 | 1.98 | 2.07 |
| Total Debt / Equity (X) | 5.53 | 4.93 | 4.39 | 3.68 | 4.13 |
| Asset Turnover Ratio (%) | 0.13 | 0.13 | 0.13 | 0.12 | 0.13 |
| Current Ratio (X) | 1.88 | 1.95 | 2.11 | 2.48 | 2.28 |
| Quick Ratio (X) | 1.88 | 1.95 | 2.11 | 2.48 | 2.28 |
| Dividend Payout Ratio (NP) (%) | 34.38 | 38.30 | 21.41 | 8.67 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 30.11 | 33.53 | 19.31 | 7.64 | 0.00 |
| Earning Retention Ratio (%) | 65.62 | 61.70 | 78.59 | 91.33 | 0.00 |
| Cash Earning Retention Ratio (%) | 69.89 | 66.47 | 80.69 | 92.36 | 0.00 |
| Interest Coverage Ratio (X) | 1.39 | 1.40 | 1.60 | 1.37 | 1.15 |
| Interest Coverage Ratio (Post Tax) (X) | 1.26 | 1.27 | 1.41 | 1.25 | 1.10 |
| Enterprise Value (Cr.) | 148231.06 | 129314.63 | 106110.18 | 77062.68 | 85722.06 |
| EV / Net Operating Revenue (X) | 8.03 | 8.19 | 8.36 | 6.81 | 7.08 |
| EV / EBITDA (X) | 12.67 | 13.24 | 13.04 | 12.73 | 14.00 |
| MarketCap / Net Operating Revenue (X) | 1.89 | 2.18 | 2.25 | 1.73 | 2.02 |
| Retention Ratios (%) | 65.61 | 61.69 | 78.58 | 91.32 | 0.00 |
| Price / BV (X) | 1.62 | 1.73 | 1.54 | 1.16 | 1.55 |
| Price / Net Operating Revenue (X) | 1.89 | 2.18 | 2.25 | 1.73 | 2.02 |
| EarningsYield | 0.06 | 0.05 | 0.07 | 0.05 | 0.03 |
After reviewing the key financial ratios for Mahindra & Mahindra Financial Services Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 18.32. This value is within the healthy range. It has increased from 15.66 (Mar 24) to 18.32, marking an increase of 2.66.
- For Diluted EPS (Rs.), as of Mar 25, the value is 18.31. This value is within the healthy range. It has increased from 15.65 (Mar 24) to 18.31, marking an increase of 2.66.
- For Cash EPS (Rs.), as of Mar 25, the value is 20.38. This value is within the healthy range. It has increased from 17.51 (Mar 24) to 20.38, marking an increase of 2.87.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 174.34. It has increased from 161.82 (Mar 24) to 174.34, marking an increase of 12.52.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 174.34. It has increased from 161.82 (Mar 24) to 174.34, marking an increase of 12.52.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 149.51. It has increased from 127.97 (Mar 24) to 149.51, marking an increase of 21.54.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 94.73. This value is within the healthy range. It has increased from 79.12 (Mar 24) to 94.73, marking an increase of 15.61.
- For PBIT / Share (Rs.), as of Mar 25, the value is 92.13. This value is within the healthy range. It has increased from 76.89 (Mar 24) to 92.13, marking an increase of 15.24.
- For PBT / Share (Rs.), as of Mar 25, the value is 23.98. This value is within the healthy range. It has increased from 20.51 (Mar 24) to 23.98, marking an increase of 3.47.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 17.78. This value is within the healthy range. It has increased from 15.29 (Mar 24) to 17.78, marking an increase of 2.49.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 18.32. This value is within the healthy range. It has increased from 15.66 (Mar 24) to 18.32, marking an increase of 2.66.
- For PBDIT Margin (%), as of Mar 25, the value is 63.36. This value is within the healthy range. It has increased from 61.82 (Mar 24) to 63.36, marking an increase of 1.54.
- For PBIT Margin (%), as of Mar 25, the value is 61.62. This value exceeds the healthy maximum of 20. It has increased from 60.08 (Mar 24) to 61.62, marking an increase of 1.54.
- For PBT Margin (%), as of Mar 25, the value is 16.04. This value is within the healthy range. It has increased from 16.02 (Mar 24) to 16.04, marking an increase of 0.02.
- For Net Profit Margin (%), as of Mar 25, the value is 11.89. This value exceeds the healthy maximum of 10. It has decreased from 11.94 (Mar 24) to 11.89, marking a decrease of 0.05.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 12.25. This value is within the healthy range. It has increased from 12.23 (Mar 24) to 12.25, marking an increase of 0.02.
- For Return on Networth / Equity (%), as of Mar 25, the value is 10.50. This value is below the healthy minimum of 15. It has increased from 9.69 (Mar 24) to 10.50, marking an increase of 0.81.
- For Return on Capital Employeed (%), as of Mar 25, the value is 16.38. This value is within the healthy range. It has increased from 15.29 (Mar 24) to 16.38, marking an increase of 1.09.
- For Return On Assets (%), as of Mar 25, the value is 1.56. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 1.56.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 2.20. This value exceeds the healthy maximum of 1. It has increased from 2.08 (Mar 24) to 2.20, marking an increase of 0.12.
- For Total Debt / Equity (X), as of Mar 25, the value is 5.53. This value exceeds the healthy maximum of 1. It has increased from 4.93 (Mar 24) to 5.53, marking an increase of 0.60.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.13. There is no change compared to the previous period (Mar 24) which recorded 0.13.
- For Current Ratio (X), as of Mar 25, the value is 1.88. This value is within the healthy range. It has decreased from 1.95 (Mar 24) to 1.88, marking a decrease of 0.07.
- For Quick Ratio (X), as of Mar 25, the value is 1.88. This value is within the healthy range. It has decreased from 1.95 (Mar 24) to 1.88, marking a decrease of 0.07.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 34.38. This value is within the healthy range. It has decreased from 38.30 (Mar 24) to 34.38, marking a decrease of 3.92.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 30.11. This value is within the healthy range. It has decreased from 33.53 (Mar 24) to 30.11, marking a decrease of 3.42.
- For Earning Retention Ratio (%), as of Mar 25, the value is 65.62. This value is within the healthy range. It has increased from 61.70 (Mar 24) to 65.62, marking an increase of 3.92.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 69.89. This value is within the healthy range. It has increased from 66.47 (Mar 24) to 69.89, marking an increase of 3.42.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 1.39. This value is below the healthy minimum of 3. It has decreased from 1.40 (Mar 24) to 1.39, marking a decrease of 0.01.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.26. This value is below the healthy minimum of 3. It has decreased from 1.27 (Mar 24) to 1.26, marking a decrease of 0.01.
- For Enterprise Value (Cr.), as of Mar 25, the value is 148,231.06. It has increased from 129,314.63 (Mar 24) to 148,231.06, marking an increase of 18,916.43.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 8.03. This value exceeds the healthy maximum of 3. It has decreased from 8.19 (Mar 24) to 8.03, marking a decrease of 0.16.
- For EV / EBITDA (X), as of Mar 25, the value is 12.67. This value is within the healthy range. It has decreased from 13.24 (Mar 24) to 12.67, marking a decrease of 0.57.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.89. This value is within the healthy range. It has decreased from 2.18 (Mar 24) to 1.89, marking a decrease of 0.29.
- For Retention Ratios (%), as of Mar 25, the value is 65.61. This value is within the healthy range. It has increased from 61.69 (Mar 24) to 65.61, marking an increase of 3.92.
- For Price / BV (X), as of Mar 25, the value is 1.62. This value is within the healthy range. It has decreased from 1.73 (Mar 24) to 1.62, marking a decrease of 0.11.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.89. This value is within the healthy range. It has decreased from 2.18 (Mar 24) to 1.89, marking a decrease of 0.29.
- For EarningsYield, as of Mar 25, the value is 0.06. This value is below the healthy minimum of 5. It has increased from 0.05 (Mar 24) to 0.06, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mahindra & Mahindra Financial Services Ltd:
- Net Profit Margin: 11.89%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.38% (Industry Average ROCE: 21.71%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 10.5% (Industry Average ROE: 14.2%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.26
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.88
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 19.9 (Industry average Stock P/E: 69.98)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 5.53
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 11.89%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Non-Banking Financial Company (NBFC) | Gateway Building, Mumbai Maharashtra 400001 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Dr. Anish Shah | Non Executive Chairman |
| Mr. Raul Rebello | Managing Director & CEO |
| Mr. Ashwani Ghai | Non Exe.Non Ind.Director |
| Mr. Amarjyoti Barua | Non Exe.Non Ind.Director |
| Mr. Milind Sarwate | Independent Director |
| Mr. Diwakar Gupta | Independent Director |
| Mr. Vijay Kumar Sharma | Independent Director |
| Dr. Rebecca Nugent | Independent Director |
FAQ
What is the intrinsic value of Mahindra & Mahindra Financial Services Ltd?
Mahindra & Mahindra Financial Services Ltd's intrinsic value (as of 03 February 2026) is ₹367.28 which is 3.75% higher the current market price of ₹354.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's ₹49,211 Cr. market cap, FY2025-2026 high/low of ₹412/232, reserves of ₹24,482 Cr, and liabilities of ₹149,086 Cr.
What is the Market Cap of Mahindra & Mahindra Financial Services Ltd?
The Market Cap of Mahindra & Mahindra Financial Services Ltd is 49,211 Cr..
What is the current Stock Price of Mahindra & Mahindra Financial Services Ltd as on 03 February 2026?
The current stock price of Mahindra & Mahindra Financial Services Ltd as on 03 February 2026 is ₹354.
What is the High / Low of Mahindra & Mahindra Financial Services Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Mahindra & Mahindra Financial Services Ltd stocks is ₹412/232.
What is the Stock P/E of Mahindra & Mahindra Financial Services Ltd?
The Stock P/E of Mahindra & Mahindra Financial Services Ltd is 19.9.
What is the Book Value of Mahindra & Mahindra Financial Services Ltd?
The Book Value of Mahindra & Mahindra Financial Services Ltd is 178.
What is the Dividend Yield of Mahindra & Mahindra Financial Services Ltd?
The Dividend Yield of Mahindra & Mahindra Financial Services Ltd is 1.84 %.
What is the ROCE of Mahindra & Mahindra Financial Services Ltd?
The ROCE of Mahindra & Mahindra Financial Services Ltd is 8.77 %.
What is the ROE of Mahindra & Mahindra Financial Services Ltd?
The ROE of Mahindra & Mahindra Financial Services Ltd is 10.9 %.
What is the Face Value of Mahindra & Mahindra Financial Services Ltd?
The Face Value of Mahindra & Mahindra Financial Services Ltd is 2.00.