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Mahindra & Mahindra Financial Services

Mahindra & Mahindra Financial Services

View MapTV Chart
280.75
9.10−3.14%
DAY279
₹280.75
288
52W246
₹280.75
2,345
Open287.00
Prev Close289.85
Bid280.73632
Ask280.78395
Volume1.6M24%vs 20D avg
Market Cap₹53,450.2 Cr
P/E TTM0
P/B0
Book Value₹150.45
EPS TTM₹0.00
ROCE8.77%
ROE1.92%
face value2
Div Yield2.18%
Valuation

Mahindra & Mahindra Financial Services Ltd valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Mahindra & Mahindra Financial Services Ltd, framed against the sector median so the premium or discount is obvious at a glance.

the price tag

Valuation

Market Cap
₹53,450.2 Cr
P/E Ratio
P/B Ratio
good1.82
EPS
0
the engine

Profitability

ROE
watch1.92%
ROCE
watch8.77%
Net Margin
good14%
Op Margin
good17.24%
the trajectory

Growth

EPS YoY
watch-15.09%
Revenue YoY
good20.85%
Qtr Sales
good12.6%
Qtr Profit
good45%
the balance sheet

Financial Health

Debt / Equity
watch441.32
Book Value
150.45
Div Yield
good2.18%
Promoter Hold.
good52.5%
Financials

Mahindra & Mahindra Financial Services Ltd financials: P&L, balance sheet, cash flow, ratios.

Twelve years of audited numbers for Mahindra & Mahindra Financial Services Ltd, switchable between annual and quarterly views, consolidated or standalone.

Mahindra & Mahindra Financial Services Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹53,450.201 Cr.

all values in ₹ Cr unless suffixed · source: company filings
Segment Analysis

Mahindra & Mahindra Financial Services segment analysis: revenue and profit mix.

Disclosed business segments at Mahindra & Mahindra Financial Services with their share of revenue and profit, switchable between consolidated and standalone reporting.

Mahindra & Mahindra Financial Services discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Investment Thesis

Mahindra & Mahindra Financial Services Ltd investment thesis: bull case, bear case, and the flip lines.

Why someone would buy Mahindra & Mahindra Financial Services Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.

Mahindra & Mahindra Financial Services Ltd's investment case rests on 7 positive markers and 8 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • M&MFIN boasts a healthy Return on Equity (ROE) of 10.90%, indicating efficient use of shareholder investments and strong profitability. This, coupled with a relatively low Price-to-Earnings (PE) ratio of 17.80, suggests the stock might be undervalued compared to its earnings.

  • The company shows a significant Operating Profit Margin (OPM) of 62.90%, highlighting its ability to effectively manage costs and generate substantial profits from its operations. This strong operational efficiency is a key positive for investors.

  • M&MFIN maintains a substantial promoter holding of 52.5%, suggesting confidence in the company's future prospects and a reduced risk of hostile takeovers or significant share dilution, which is a positive sign for long-term stability.

  • The company demonstrated strong quarterly profit growth of 45.00%, indicating effective operational management and increasing profitability. This significant growth trend is a positive signal for investors looking for earnings momentum.

  • As an NBFC, M&MFIN is well-positioned to capitalize on the growing demand for financial services in emerging markets, driven by economic expansion and increasing credit penetration in rural and semi-urban areas.

bear case

What can break it.

  • The company's high debt-to-equity ratio of 4.90 raises concerns about its financial leverage and potential vulnerability to economic downturns or interest rate hikes. This high debt level needs careful monitoring.

  • The relatively low Return on Capital Employed (ROCE) of 8.77% suggests that the company's capital investments may not be generating optimal returns compared to its peers. Improving capital efficiency is a key area for improvement.

  • Foreign Institutional Investor (FII) holding has seen a notable decline from 16.93% in Sep 2022 to 9.59% in Sep 2025, potentially indicating reduced foreign investor confidence or shifting investment priorities.

  • Although promoter holding is high, the recent five-day stock price movement shows volatility, with a 5.85% gain on Oct 29, 2025, followed by a -0.55% change, indicating market uncertainty.

  • The intense competition from well-established and larger NBFCs like Bajaj Finance and Cholaman.Inv.&Fn, with higher market caps and ROCE, poses a significant threat to M&MFIN's market share and profitability.

flip conditions

What would change my mind.

  • Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.

  • Watch interest coverage if debt-to-equity climbs above 441.82. Balance sheet risk re-prices growth multiples fast.

  • Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.

  • Income thesis breaks if the dividend is cut or yield falls below 1.09%.

Shareholding

Mahindra shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Mahindra — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

Loading shareholding data...

Peers

Mahindra & Mahindra Financial Services Ltd peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Mahindra & Mahindra Financial Services Ltd is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Shriram Finance Ltd
2.02L ₹ Cr
Best Profit Growth
Capital Trust Ltd
132.00 %
Highest Dividend Yield
Mahindra & Mahindra Financial Services Ltd
2.18 %

Peer Comparison

Company Name
AFIL
Akme Fintrade (India) Ltd
ARMANFIN
Arman Financial Services Ltd
AVONMORE
Avonmore Capital & Management Services Ltd
BAIDFIN
Baid Finserv Ltd
BAJFINANCE
Bajaj Finance Ltd
CAPTRUST
Capital Trust Ltd
CGCL
Capri Global Capital Ltd
CHOLAFIN
Cholamandalam Investment & Finance Company Ltd
CPCAP
CP Capital Limited
CREST
Crest Ventures Ltd
CSLFINANCE
CSL Finance Ltd
DHUNINV
Dhunseri Investments Ltd
FEDFINA
Fedbank Financial Services Ltd
FIVESTAR
Five-Star Business Finance Ltd
HBSL
HB Stockholdings Ltd
IIFL
IIFL Finance Ltd
INDOSTAR
Indostar Capital Finance Ltd
LTF
L&T Finance Ltd
MANAPPURAM
Manappuram Finance Ltd
MANBA
Manba Finance Ltd
MASFIN
MAS Financial Services Ltd
M&MFIN
Mahindra & Mahindra Financial Services LtdCurrent Stock
MUFIN
Mufin Green Finance Ltd
MUTHOOTCAP
Muthoot Capital Services Ltd
MUTHOOTFIN
Muthoot Finance Ltd
NORTHARC
Northern ARC Capital Ltd
PAISALO
Paisalo Digital Ltd
PFS
PTC India Financial Services Ltd
POONAWALLA
Poonawalla Fincorp Ltd
SBFC
SBFC Finance Ltd
SBICARD
SBI Cards & Payment Services Ltd
SHRIRAMFIN
Shriram Finance Ltd
STARTECK
Starteck Finance Ltd
SUNDARMFIN
Sundaram Finance Ltd
TEAMGTY
TFL
Transwarranty Finance Ltd
TRU
TruCap Finance Ltd
UGROCAP
Ugro Capital Ltd
VIJIFIN
Viji Finance Ltd
Technicals

Mahindra & Mahindra Financial Services Ltd technical analysis: indicators, pivots and CPR.

Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Mahindra & Mahindra Financial Services Ltd — derived from the live tape, not yesterday's close.

Mahindra & Mahindra Financial Services Ltd last traded at ₹280.75 with an intraday range of ₹278.6–₹288 — live indicator, pivot and CPR signals below.

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Live: ₹280.75
LevelPrice (₹)Distance% Δ
R4305.10+24.35+8.67%
R3295.70+14.95+5.33%
R2291.85+11.10+3.95%
R1286.30+5.55+1.98%
PIVOT282.451.700.61%
CURRENT280.75
S1258.10-22.65-8.07%
S2267.50-13.25-4.72%
S3273.05-7.70-2.74%
S4276.90-3.85-1.37%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 281.60P: 282.45TC: 283.30
R1
R2
R3
R4
indicator
LTP: 280.75
PDH: 297.10
PDL: 288.15
● Market Sentiment

M&MFIN is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 283.8 ~ 288

● Price Position

Trading Below opening range, showing Bearishness

Delivery & Volume

Mahindra & Mahindra Financial Services Ltd delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Mahindra & Mahindra Financial Services Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Mahindra & Mahindra Financial Services Ltd stood at 50.7% of traded volume, against a 20-day average of 51.0%.

Avg Delivery (20D)51%-0.3 ppt latest vs avg
Highest Delivery63.6%on 29 May
Avg Volume (20D)20.67 L20-day run-rate
Conviction Trend↑ Strengthening-0.3 ppt latest read
Volume & Delivery · last 20 sessions
Filings & Concalls

Mahindra & Mahindra Financial Services announcements: results, concalls, ratings, M&A.

Filings Mahindra & Mahindra Financial Services sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Insider Activity

Mahindra & Mahindra Financial Services insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Mahindra & Mahindra Financial Services as reported to SEBI — buying and selling signals from the people who know the business best.

Mahindra & Mahindra Financial Services insider activity below tracks 14 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Sandeep MandrekarInsider11 Jun 2025sell7.7 K₹21.57 L₹280.17
Mahindra & Mahindra LimitedInsider09 Jun 2025buy+8.52 Cr₹1,652.54 Cr₹194.00
Sandeep MandrekarInsider09 Jun 2025buy+7.8 K₹15.08 L₹194.00
Dinesh Dayaram PrajapatiInsider09 Jun 2025buy+29.7 K₹57.62 L₹194.00
Dharmesh VakhariaInsider09 Jun 2025buy+5.6 K₹10.91 L₹194.00
Nitesh RawalInsider09 Jun 2025buy+5.8 K₹11.3 L₹194.00
Mahindra & Mahindra Financial Services Limited Employees' Stock Option TrustInsider13 May 2025sell31.0 K₹79.44 L₹256.30
Debasish KarInsider26 Mar 2025sell8.0 K₹23.11 L₹288.85
Abhijeet GogateInsider12 Mar 2025buy+7.2 K₹19.38 L₹270.25
Mahindra & Mahindra Financial Services Limited Employees' Stock Option TrustInsider12 Mar 2025sell30.8 K₹83.19 L₹270.25
Corporate Actions

Mahindra & Mahindra Financial Services dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Mahindra & Mahindra Financial Services has declared, sequenced by announce and record date.

Mahindra & Mahindra Financial Services corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

About the Company

About Mahindra & Mahindra Financial Services Ltd: business, sector, key facts.

What Mahindra & Mahindra Financial Services Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Mahindra & Mahindra Financial Services Ltd operates in the Consumer Finance industry under the Financials sector, listed as NSE: M&MFIN, BSE: 532720.

M&MFIN
Consumer Finance

Mahindra & Mahindra Financial Services Ltd

NSE · M&MFIN·BSE · 532720·mahindrafinance.com

Mahindra & Mahindra Financial Services Limited (M&MFIN) is a prominent non-banking financial company (NBFC) operating primarily in rural and semi-urban India. Its core business revolves around providing a diverse range of financial services catering to a broad spectrum of customers, including farmers, businesses, and individuals.

A significant portion of M&MFIN's business lies in vehicle financing and leasing. This includes a wide array of vehicles such as tractors, passenger cars, commercial vehicles, construction equipment, and pre-owned vehicles. They offer these financing options to both transport operators and individual buyers, effectively fueling the transportation and infrastructure sectors in their target markets.

Beyond vehicle financing, M&MFIN offers a comprehensive suite of lending products. This encompasses personal loans, home loans, loans against property and machinery, and project and equipment finance for small and medium-sized enterprises (SMEs). They also provide vital working capital finance, crucial for the operational needs of these businesses. The company plays a critical role in supporting the growth and development of the SME sector in rural and semi-urban areas.

Further expanding their financial services portfolio, M&MFIN provides housing finance for various purposes, including purchasing, constructing, extending, or renovating properties. They also venture into investment solutions, offering fixed deposits and managing mutual funds. This diversification allows them to cater to a wider range of financial needs within their customer base.

Completing their financial ecosystem, M&MFIN offers insurance products and services, including life, health, asset protection, commercial line insurance, and reinsurance. By integrating insurance solutions into their offerings, they provide holistic financial protection alongside lending and investment services. This integrated approach strengthens their position as a comprehensive financial service provider in the rural and semi-urban segments of India.

company facts
Founded / IPO17/03/2006
Employees25,261
SectorFinancials
HeadquartersMumbai, MAHARASHTRA, IN
Market Cap₹53,450.2 Cr
Listed OnNATIONAL STOCK EXCHANGE OF INDIA
leadership26 on record
Dr. Anish Shah
Non-Executive Non-Independent Chairman of the Board
Mr. Raul Rebello
Chief Executive Officer, Managing Director, Executive Director
Mr. Animesh Chatterjee
Interim Chief Financial Officer
Mr. Manish Sinha
Chief Human Resource Officer - Mahindra Finance and Financial Services Sector
Ms. Deepa Ranjeet
Chief Information Officer
Mr. Mod Singh
Chief Compliance Officer
Mr. Mahesh Rajaraman
Chief Risk Officer
Mr. Sandeep Mandrekar
Chief Business Officer - Core Wheels
Mr. Bijoy Thaplial
Chief Business Officer - Leasing, Partnerships and Payments
Ms. Brijbala Batwal
Company Secretary
Mr. Amarjyoti Barua
Non-Executive Non-Independent Director
Mr. Ashwani Ghai
Non-Executive Non-Independent Director
§ ∞ · Plainly Answered

Questions investors ask about Mahindra & Mahindra Financial Services Ltd (M&MFIN).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Mahindra & Mahindra Financial Services Ltd (M&MFIN)?

The current share price of Mahindra & Mahindra Financial Services Ltd (M&MFIN) is ₹280.75. Today, the stock has declined by ₹9.10 (3.14%), trading in a range of ₹278.6 to ₹288. The stock opened at ₹287 with a trading volume of 15,78,968 shares.

02Is Mahindra & Mahindra Financial Services Ltd stock a good investment for long-term?

Mahindra & Mahindra Financial Services Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹53,450.2 crores, P/E ratio of 0.00, ROE of 1.92%, and ROCE of 8.77%. The dividend yield stands at 2.18%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Mahindra & Mahindra Financial Services Ltd stock?

The 52-week high price of Mahindra & Mahindra Financial Services Ltd (M&MFIN) is ₹2,345, while the 52-week low is ₹246.35. Currently trading at ₹280.75, the stock is 1.6% away from its 52-week low and 88.0% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Mahindra & Mahindra Financial Services Ltd stock at the current price?

Whether to buy Mahindra & Mahindra Financial Services Ltd stock at ₹280.75 depends on multiple factors. The stock is currently trading with a P/E ratio of 0.00 and P/B ratio of N/A. Today's performance shows a loss of 3.14%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Mahindra & Mahindra Financial Services Ltd and when is the next dividend?

Mahindra & Mahindra Financial Services Ltd offers a dividend yield of 2.18%, which means for every ₹100 invested at the current price of ₹280.75, you can expect to receive approximately ₹2.18 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Mahindra & Mahindra Financial Services Ltd?

Mahindra & Mahindra Financial Services Ltd's key financial metrics include: P/E Ratio: 0.00, P/B Ratio: N/A, ROE: 1.92%, ROCE: 8.77%, Dividend Yield: 2.18%, EPS: ₹0.00, Book Value: ₹150.45, Debt-to-Equity: 441.32, and Current Ratio: N/A. The company's market cap stands at ₹53,450.2 crores. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Mahindra & Mahindra Financial Services Ltd stock performing today in the market?

Mahindra & Mahindra Financial Services Ltd stock opened at ₹287 and is currently trading at ₹280.75, showing a decline of ₹9.10 (3.14%). The intraday high is ₹288 and low is ₹278.6. The trading volume stands at 15,78,968 shares, indicating strong market participation today.

08What is the P/E ratio of Mahindra & Mahindra Financial Services Ltd and what does it indicate?

Mahindra & Mahindra Financial Services Ltd has a Price-to-Earnings (P/E) ratio of 0.00, which means investors are willing to pay ₹0.00 for every ₹1 of earnings. With an EPS of ₹0.00, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Mahindra & Mahindra Financial Services Ltd (M&MFIN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.