Mahindra & Mahindra Financial Services Ltd.

381.6-0.22%

2026-08-21

mahindrafinance.comBSE: 532720NSE: M&MFIN
Market Cap₹ 54,146 Cr.
Current Price₹ 382
High / Low₹ 415 / 253
Stock P/E16.6
Book Value₹ 198
Price to Book1.49
Dividend Yield1.93 %
ROCE8.6 %
ROE11.9 %
Face Value₹ 2

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ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Financing Activities: 92.8% • Other reconciling items: 7.2%

PROS

  • Company has delivered good profit growth of 29.7% CAGR over last 5 years
  • Comfortable capital adequacy - CAR of 18.8%
  • Asset quality is healthy - gross NPA of just 0.0%
  • Solid return on assets for a lender - ROA of 2.0%
  • Company has consistently been profitable over the last 5 years
  • Latest quarter profit grew 75.3% YoY, showing strong momentum

CONS

  • Company has a low return on capital employed of 8.8%
  • Free cash flow has been persistently negative
  • Equity base is being diluted - shares outstanding up 12.6%
  • Thin net interest margin of 0.0%
  • Growth is decelerating - 3Y profit CAGR (11.4%) trails the 5Y trend (29.7%)
  • Company's return on assets is weak at 1.9%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

EDIT COLUMNS
S.No.NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %NP Qtr Rs.Cr.Qtr Profit Var %Sales Qtr Rs.Cr.Qtr Sales Var %ROCE %OPM %
1.BAJFINANCE1078.6033.07671531.430.566080.6027.6023165.4520.3710.8770.70
2.SHRIRAMFIN1104.9022.97259981.150.983452.7759.9013400.4317.4611.4974.63
3.JIOFIN242.7077.55160258.250.25830.25155.732004.47227.282.1169.71
4.CHOLAFIN1866.2527.72159390.070.111656.2245.568856.2921.899.7070.07
5.TATACAP365.1528.68155001.390.1616281.801464.1688219.301051.008.6675.72
6.BAJAJHLDNG11322.8514.23126015.971.722708.08-92.27394.3323.3414.81684.72
7.MUTHOOTFIN2859.2010.09114787.871.052824.8443.088671.6036.2515.8783.76
8.ABCAPITAL396.7526.46108592.290.001223.8543.8512179.54137.848.8241.91
9.LTF315.0024.8078940.440.87915.9930.705212.9222.388.5462.13
10.SBICARD626.300.0059601.370.40664.4419.515040.557.6011.7529.83
11.HDBFS681.1526.0056579.310.59785.2038.314937.9018.719.0957.98
12.M&MFIN389.5516.6554146.331.93927.4875.345717.9123.098.6364.82
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023
3,403
1,504
Operating Profit
OPM %
Other Income
54
Interest
1,597
Depreciation
66
469
Tax %
25.71%
Net Profit
0
3
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Sep 2023
3,529
1,724
Operating Profit
OPM %
Other Income
30
Interest
1,703
Depreciation
67
369
Tax %
26.02%
Net Profit
0
2
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Dec 2023
3,742
1,456
Operating Profit
OPM %
Other Income
37
Interest
1,798
Depreciation
69
814
Tax %
25.00%
Net Profit
0
5
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Mar 2024
3,951
1,520
Operating Profit
OPM %
Other Income
53
Interest
1,861
Depreciation
72
880
Tax %
25.57%
Net Profit
0
5
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Jun 2024
4,005
1,676
Operating Profit
OPM %
Other Income
39
Interest
1,960
Depreciation
76
642
Tax %
25.60%
Net Profit
497
4
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Sep 2024
4,178
1,830
Operating Profit
OPM %
Other Income
14
Interest
2,062
Depreciation
79
509
Tax %
26.14%
Net Profit
390
3
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Dec 2024
4,420
1,325
Operating Profit
OPM %
Other Income
3
Interest
2,175
Depreciation
82
1,217
Tax %
25.91%
Net Profit
918
7
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Mar 2025
4,841
2,001
Operating Profit
OPM %
Other Income
11
Interest
2,218
Depreciation
85
594
Tax %
25.82%
Net Profit
456
4
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
247
Reserves
0
Promoter Pledge %
0.00%
Jun 2025
4,645
1,964
Operating Profit
OPM %
Other Income
23
Interest
2,280
Depreciation
86
683
Tax %
25.55%
Net Profit
529
4
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Sep 2025
4,686
2,015
Operating Profit
OPM %
Other Income
23
Interest
2,198
Depreciation
94
743
Tax %
25.92%
Net Profit
566
4
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Dec 2025
4,980
1,913
Operating Profit
OPM %
Other Income
14
Interest
2,236
Depreciation
96
1,087
Tax %
25.67%
Net Profit
826
6
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Mar 2026
5,489
1,987
Operating Profit
OPM %
Other Income
21
Interest
2,220
Depreciation
110
1,243
Tax %
25.63%
Net Profit
940
7
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Jun 2026
5,718
4,505
Operating Profit
OPM %
Other Income
7
Interest
2,372
Depreciation
99
1,242
Tax %
25.34%
Net Profit
927
1
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%
Equity Capital
278
Reserves
0
Promoter Pledge %
0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
7,146
3,123
Operating Profit
4,078
OPM %
57
Other Income
54
Interest
3,186
Depreciation
54
838
Tax %
37
Net Profit
530
EPS
9
Dividend Payout %
27
Minority Interest
-18
Share of Associates
0
Adjusted EPS
5
Minority Interest
-18
Share of Associates
0
Adjusted EPS
5
Mar 2018
7,884
2,921
Operating Profit
5,366
OPM %
68
Other Income
402
Interest
3,436
Depreciation
55
1,905
Tax %
36
Net Profit
1,216
EPS
20
Dividend Payout %
21
Minority Interest
-31
Share of Associates
0
Adjusted EPS
11
Minority Interest
-31
Share of Associates
0
Adjusted EPS
11
Mar 2019
10,372
4,215
Operating Profit
7,302
OPM %
70
Other Income
1,145
Interest
4,432
Depreciation
76
2,841
Tax %
34
Net Profit
1,867
EPS
30
Dividend Payout %
22
Minority Interest
-40
Share of Associates
0
Adjusted EPS
18
Minority Interest
-40
Share of Associates
0
Adjusted EPS
18
Mar 2020
11,885
4,908
Operating Profit
7,094
OPM %
60
Other Income
117
Interest
5,391
Depreciation
147
1,602
Tax %
32
Net Profit
1,086
EPS
12
Dividend Payout %
0
Minority Interest
-11
Share of Associates
0
Adjusted EPS
10
Minority Interest
-11
Share of Associates
0
Adjusted EPS
10
Mar 2021
12,111
6,047
Operating Profit
6,124
OPM %
51
Other Income
60
Interest
5,308
Depreciation
151
934
Tax %
16
Net Profit
780
EPS
7
Dividend Payout %
13
Minority Interest
-7
Share of Associates
0
Adjusted EPS
6
Minority Interest
-7
Share of Associates
0
Adjusted EPS
6
Mar 2022
11,318
5,433
Operating Profit
6,053
OPM %
53
Other Income
169
Interest
4,417
Depreciation
152
1,549
Tax %
26
Net Profit
1,150
EPS
9
Dividend Payout %
39
Minority Interest
-13
Share of Associates
0
Adjusted EPS
9
Minority Interest
-13
Share of Associates
0
Adjusted EPS
9
Mar 2023
12,700
6,120
Operating Profit
8,137
OPM %
64
Other Income
1,557
Interest
5,094
Depreciation
226
2,804
Tax %
26
Net Profit
2,071
EPS
17
Dividend Payout %
36
Minority Interest
1
Share of Associates
0
Adjusted EPS
16
Minority Interest
1
Share of Associates
0
Adjusted EPS
16
Mar 2024
15,797
6,212
Operating Profit
9,766
OPM %
62
Other Income
182
Interest
6,959
Depreciation
275
2,588
Tax %
25
Net Profit
1,943
EPS
16
Dividend Payout %
40
Minority Interest
-10
Share of Associates
0
Adjusted EPS
15
Minority Interest
-10
Share of Associates
0
Adjusted EPS
15
Mar 2025
18,463
6,832
Operating Profit
11,806
OPM %
64
Other Income
175
Interest
8,523
Depreciation
321
3,027
Tax %
25
Net Profit
2,261
EPS
18
Dividend Payout %
35
Minority Interest
1
Share of Associates
0
Adjusted EPS
18
Minority Interest
1
Share of Associates
0
Adjusted EPS
18
Mar 2026
21,005
7,878
Operating Profit
13,209
OPM %
63
Other Income
81
Interest
8,934
Depreciation
386
3,826
Tax %
25
Net Profit
2,861
EPS
21
Dividend Payout %
37
Minority Interest
-7
Share of Associates
0
Adjusted EPS
21
Minority Interest
-7
Share of Associates
0
Adjusted EPS
21
TTM
20,873
10,419
Operating Profit
OPM %
Other Income
65
Interest
9,026
Depreciation
399
4,315
Tax %
26
Net Profit
3,210
EPS
Dividend Payout %
Minority Interest
-3
Share of Associates
72
Adjusted EPS
Minority Interest
-3
Share of Associates
72
Adjusted EPS

COMPOUNDED SALES GROWTH

10 Years:
12%
5 Years:
12%
3 Years:
18%

COMPOUNDED PROFIT GROWTH

10 Years:
14%
5 Years:
30%
3 Years:
11%

STOCK PRICE CAGR

10 Years:
7%
5 Years:
22%
3 Years:
12%
1 Year:
43%

RETURN ON EQUITY

10 Years:
11%
5 Years:
10%
3 Years:
11%
Last Year:
12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Jul 13

₹ 3.75

Rs.7.5000 per share(375%)Final Dividend

2025

Jul 15

₹ 3.25

Rs.6.5000 per share(325%)Final Dividend

2024

Jul 16

₹ 3.15

Rs.6.3000 per share(315%)Final Dividend

2023

Jul 21

₹ 3

Rs.6.0000 per share(300%)Dividend

2022

Jul 20

₹ 1.80

Rs.3.6000 per share(180%)Dividend

2021

Jul 16

₹ 0.40

Rs.0.8000 per share(40%)Dividend

2018

Jul 19

₹ 2

Rs.4.0000 per share(200%)Dividend

2017

Jul 14

₹ 1.20

Rs.2.4000 per share(120%)Dividend

2016

Jul 14

₹ 2

Rs.4.0000 per share(200%)Dividend

Mar 2017
Equity Capital
113
6,823
7,141
Trade Payables
607
37,783
Total Liabilities
52,466
133
Capital Work in Progress
1
1,374
0
Cash & Bank
604
50,354
Total Assets
52,466
Total Debt
40,644
Net Working Capital
3,080
Contingent Liabilities
369
Book Value per Share
122.74
Face Value
2.00
Total Debt
40,644
Net Working Capital
3,080
Contingent Liabilities
369
Book Value per Share
122.74
Face Value
2.00
Mar 2018
Equity Capital
123
9,710
4,866
Trade Payables
1,138
42,175
Total Liabilities
58,012
147
Capital Work in Progress
0
2,378
0
Cash & Bank
478
55,009
Total Assets
58,012
Total Debt
44,986
Net Working Capital
45,789
Contingent Liabilities
383
Book Value per Share
160.02
Face Value
2.00
Total Debt
44,986
Net Working Capital
45,789
Contingent Liabilities
383
Book Value per Share
160.02
Face Value
2.00
Mar 2019
Equity Capital
123
11,109
4,381
Trade Payables
1,148
57,364
Total Liabilities
74,126
201
Capital Work in Progress
0
3,327
0
Cash & Bank
994
69,603
Total Assets
74,126
Total Debt
58,802
Net Working Capital
60,415
Contingent Liabilities
736
Book Value per Share
182.68
Face Value
2.00
Total Debt
58,802
Net Working Capital
60,415
Contingent Liabilities
736
Book Value per Share
182.68
Face Value
2.00
Mar 2020
Equity Capital
123
11,792
452
Trade Payables
723
68,124
Total Liabilities
81,214
455
Capital Work in Progress
0
5,340
0
Cash & Bank
1,532
73,886
Total Assets
81,214
Total Debt
65,634
Net Working Capital
72,081
Contingent Liabilities
1,264
Book Value per Share
193.63
Face Value
2.00
Total Debt
65,634
Net Working Capital
72,081
Contingent Liabilities
1,264
Book Value per Share
193.63
Face Value
2.00
Mar 2021
Equity Capital
246
15,480
1,476
Trade Payables
779
66,675
Total Liabilities
84,656
399
Capital Work in Progress
10
12,126
0
Cash & Bank
4,037
68,083
Total Assets
84,656
Total Debt
65,101
Net Working Capital
64,884
Contingent Liabilities
1,739
Book Value per Share
127.65
Face Value
2.00
Total Debt
65,101
Net Working Capital
64,884
Contingent Liabilities
1,739
Book Value per Share
127.65
Face Value
2.00
Mar 2022
Equity Capital
247
16,607
939
Trade Payables
1,164
63,901
Total Liabilities
82,857
515
Capital Work in Progress
0
8,654
0
Cash & Bank
4,828
68,860
Total Assets
82,857
Total Debt
62,126
Net Working Capital
66,836
Contingent Liabilities
1,894
Book Value per Share
136.69
Face Value
2.00
Total Debt
62,126
Net Working Capital
66,836
Contingent Liabilities
1,894
Book Value per Share
136.69
Face Value
2.00
Mar 2023
Equity Capital
247
18,273
5,038
Trade Payables
1,286
79,495
Total Liabilities
1,04,339
871
Capital Work in Progress
0
10,063
0
Cash & Bank
4,067
89,338
Total Assets
1,04,339
Total Debt
81,429
Net Working Capital
78,544
Contingent Liabilities
2,167
Book Value per Share
150.13
Face Value
2.00
Total Debt
81,429
Net Working Capital
78,544
Contingent Liabilities
2,167
Book Value per Share
150.13
Face Value
2.00
Mar 2024
Equity Capital
247
18,872
32,778
Trade Payables
1,679
69,337
Total Liabilities
1,22,914
1,008
Capital Work in Progress
0
9,598
173
Cash & Bank
4,075
1,08,059
Total Assets
1,22,914
Total Debt
98,319
Net Working Capital
-30,192
Contingent Liabilities
1,639
Book Value per Share
154.89
Face Value
2.00
Total Debt
98,319
Net Working Capital
-30,192
Contingent Liabilities
1,639
Book Value per Share
154.89
Face Value
2.00
Mar 2025
Equity Capital
247
21,256
41,976
Trade Payables
1,441
78,357
Total Liabilities
1,43,277
1,207
Capital Work in Progress
1
10,590
247
Cash & Bank
5,847
1,25,386
Total Assets
1,43,277
Total Debt
1,19,093
Net Working Capital
-32,166
Contingent Liabilities
1,055
Book Value per Share
174.13
Face Value
2.00
Total Debt
1,19,093
Net Working Capital
-32,166
Contingent Liabilities
1,055
Book Value per Share
174.13
Face Value
2.00
Mar 2026
Equity Capital
278
26,328
55,624
Trade Payables
1,142
74,446
Total Liabilities
1,57,818
1,328
Capital Work in Progress
2
7,407
326
Cash & Bank
7,568
1,41,187
Total Assets
1,57,818
Total Debt
1,28,370
Net Working Capital
-47,030
Contingent Liabilities
1,305
Book Value per Share
191.47
Face Value
2.00
Total Debt
1,28,370
Net Working Capital
-47,030
Contingent Liabilities
1,305
Book Value per Share
191.47
Face Value
2.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
-6,467
Cash from Investing
-97
Cash from Financing
6,766
202
Free Cash Flow
-6,513
OCF / Net Profit
-12.21
Cumulative 5-Year FCF
0
OCF / Net Profit
-12.21
Cumulative 5-Year FCF
0
Mar 2018
-8,510
Cash from Investing
243
Cash from Financing
8,174
-93
Free Cash Flow
-8,564
OCF / Net Profit
-7.00
Cumulative 5-Year FCF
0
OCF / Net Profit
-7.00
Cumulative 5-Year FCF
0
Mar 2019
-12,078
Cash from Investing
-1,213
Cash from Financing
13,490
199
Free Cash Flow
-12,193
OCF / Net Profit
-6.47
Cumulative 5-Year FCF
0
OCF / Net Profit
-6.47
Cumulative 5-Year FCF
0
Mar 2020
-3,115
Cash from Investing
-2,689
Cash from Financing
6,050
245
Free Cash Flow
-3,495
OCF / Net Profit
-2.87
Cumulative 5-Year FCF
0
OCF / Net Profit
-2.87
Cumulative 5-Year FCF
0
Mar 2021
5,826
Cash from Investing
-8,348
Cash from Financing
2,548
26
Free Cash Flow
5,756
OCF / Net Profit
7.47
Cumulative 5-Year FCF
-25,009
OCF / Net Profit
7.47
Cumulative 5-Year FCF
-25,009
Mar 2022
18
Cash from Investing
3,111
Cash from Financing
-3,173
-44
Free Cash Flow
-136
OCF / Net Profit
0.02
Cumulative 5-Year FCF
-18,632
OCF / Net Profit
0.02
Cumulative 5-Year FCF
-18,632
Mar 2023
-17,395
Cash from Investing
-1,635
Cash from Financing
18,852
-179
Free Cash Flow
-17,872
OCF / Net Profit
-8.40
Cumulative 5-Year FCF
-27,940
OCF / Net Profit
-8.40
Cumulative 5-Year FCF
-27,940
Mar 2024
-18,449
Cash from Investing
2,670
Cash from Financing
16,095
317
Free Cash Flow
-18,708
OCF / Net Profit
-9.49
Cumulative 5-Year FCF
-34,455
OCF / Net Profit
-9.49
Cumulative 5-Year FCF
-34,455
Mar 2025
-15,602
Cash from Investing
-1,077
Cash from Financing
17,605
927
Free Cash Flow
-15,962
OCF / Net Profit
-6.90
Cumulative 5-Year FCF
-46,922
OCF / Net Profit
-6.90
Cumulative 5-Year FCF
-46,922
Mar 2026
-12,772
Cash from Investing
770
Cash from Financing
10,637
-1,365
Free Cash Flow
-13,102
OCF / Net Profit
-4.46
Cumulative 5-Year FCF
-65,779
OCF / Net Profit
-4.46
Cumulative 5-Year FCF
-65,779

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017
EPS (₹)
9.05
Book Value (₹)
122.74
Dividend per Share (₹)
2.40
Cash EPS (₹)
6.13
Operating Margin %
57.06%
Net Margin %
7.41%
ROE %
7.92%
ROCE %
9.13%
1.09%
Debtor Days
1
Inventory Days
0
Payable Days
0
1
Debt to Equity (x)
5.86x
Interest Coverage (x)
1.26x
1.15x
Revenue Growth %
9.04%
Operating Profit Growth %
-1.46%
Net Profit Growth %
-32.73%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2018
EPS (₹)
19.29
Book Value (₹)
160.02
Dividend per Share (₹)
4.00
Cash EPS (₹)
12.28
Operating Margin %
68.06%
Net Margin %
15.43%
ROE %
14.51%
ROCE %
10.43%
2.20%
Debtor Days
2
Inventory Days
0
Payable Days
0
2
Debt to Equity (x)
4.58x
Interest Coverage (x)
1.55x
6.40x
Revenue Growth %
10.32%
Operating Profit Growth %
31.58%
Net Profit Growth %
129.62%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2019
EPS (₹)
29.72
Book Value (₹)
182.68
Dividend per Share (₹)
6.50
Cash EPS (₹)
18.75
Operating Margin %
70.40%
Net Margin %
18.00%
ROE %
17.73%
ROCE %
11.65%
2.83%
Debtor Days
2
Inventory Days
0
Payable Days
0
2
Debt to Equity (x)
5.24x
Interest Coverage (x)
1.64x
8.01x
Revenue Growth %
31.56%
Operating Profit Growth %
36.08%
Net Profit Growth %
53.52%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2020
EPS (₹)
17.47
Book Value (₹)
193.63
Dividend per Share (₹)
0.00
Cash EPS (₹)
11.89
Operating Margin %
59.68%
Net Margin %
9.14%
ROE %
9.38%
ROCE %
9.47%
1.40%
Debtor Days
2
Inventory Days
0
Payable Days
0
2
Debt to Equity (x)
5.51x
Interest Coverage (x)
1.30x
17.51x
Revenue Growth %
14.59%
Operating Profit Growth %
-2.85%
Net Profit Growth %
-41.85%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2021
EPS (₹)
6.28
Book Value (₹)
127.65
Dividend per Share (₹)
0.80
Cash EPS (₹)
7.35
Operating Margin %
50.57%
Net Margin %
6.44%
ROE %
5.65%
ROCE %
7.88%
0.94%
Debtor Days
2
Inventory Days
0
Payable Days
0
2
Debt to Equity (x)
4.14x
Interest Coverage (x)
1.18x
12.03x
Revenue Growth %
1.90%
Operating Profit Growth %
-13.67%
Net Profit Growth %
-24.97%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2022
EPS (₹)
9.22
Book Value (₹)
136.69
Dividend per Share (₹)
3.60
Cash EPS (₹)
10.28
Operating Margin %
53.48%
Net Margin %
10.16%
ROE %
7.06%
ROCE %
7.46%
1.37%
Debtor Days
2
Inventory Days
0
Payable Days
0
2
Debt to Equity (x)
3.69x
Interest Coverage (x)
1.35x
13.49x
Revenue Growth %
-6.55%
Operating Profit Growth %
-1.16%
Net Profit Growth %
47.43%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2023
EPS (₹)
16.80
Book Value (₹)
150.13
Dividend per Share (₹)
6.00
Cash EPS (₹)
18.12
Operating Margin %
64.07%
Net Margin %
16.31%
ROE %
11.71%
ROCE %
8.82%
2.21%
Debtor Days
2
Inventory Days
0
Payable Days
0
2
Debt to Equity (x)
4.40x
Interest Coverage (x)
1.55x
9.04x
Revenue Growth %
12.21%
Operating Profit Growth %
34.42%
Net Profit Growth %
80.05%
0.00%
P/E (x)
0.00x
P/B (x)
0.00x
Dividend Yield %
0.00%
0.00x
Mar 2024
EPS (₹)
15.66
Book Value (₹)
154.89
Dividend per Share (₹)
6.30
Cash EPS (₹)
17.48
Operating Margin %
60.67%
Net Margin %
12.30%
ROE %
10.32%
ROCE %
8.75%
1.71%
Debtor Days
3
Inventory Days
0
Payable Days
0
3
Debt to Equity (x)
5.14x
Interest Coverage (x)
1.37x
0.19x
Revenue Growth %
24.39%
Operating Profit Growth %
20.02%
Net Profit Growth %
-6.19%
-6.80%
P/E (x)
17.32x
P/B (x)
1.80x
Dividend Yield %
2.26%
13.17x
Mar 2025
EPS (₹)
18.32
Book Value (₹)
174.13
Dividend per Share (₹)
6.50
Cash EPS (₹)
20.34
Operating Margin %
62.99%
Net Margin %
12.25%
ROE %
11.13%
ROCE %
8.92%
1.70%
Debtor Days
4
Inventory Days
0
Payable Days
0
4
Debt to Equity (x)
5.54x
Interest Coverage (x)
1.36x
0.28x
Revenue Growth %
16.88%
Operating Profit Growth %
20.88%
Net Profit Growth %
16.36%
16.98%
P/E (x)
15.03x
P/B (x)
1.62x
Dividend Yield %
2.30%
12.55x
Mar 2026
EPS (₹)
20.54
Book Value (₹)
191.47
Dividend per Share (₹)
7.50
Cash EPS (₹)
23.37
Operating Margin %
62.50%
Net Margin %
13.62%
ROE %
11.89%
ROCE %
8.63%
1.90%
Debtor Days
5
Inventory Days
0
Payable Days
0
5
Debt to Equity (x)
4.83x
Interest Coverage (x)
1.43x
0.20x
Revenue Growth %
13.77%
Operating Profit Growth %
11.89%
Net Profit Growth %
26.55%
12.16%
P/E (x)
13.93x
P/B (x)
1.49x
Dividend Yield %
2.62%
12.16x

Shareholding Pattern

Numbers in percentages

TRADES
Jun 2024
52.16
10.07
30.66
Government
0.00
7.09
Sep 2024
52.16
10.19
31.58
Government
0.00
6.08
Dec 2024
52.16
10.47
31.17
Government
0.00
6.20
Mar 2025
52.16
10.68
31.31
Government
0.00
5.85
Jun 2025
52.49
9.33
32.33
Government
0.00
5.84
Sep 2025
52.49
9.59
32.29
Government
0.00
5.63
Dec 2025
52.49
9.11
32.34
Government
0.00
6.06
Mar 2026
52.49
9.40
32.09
Government
0.00
6.02
Jun 2026
52.49
9.53
31.48
Government
0.00
6.49

Documents

Announcements

Credit Ratings

  • Credit Rating

    2026-08-07 - Mahindra & Mahindra Financial Services Limited has informed the Exchange about Credit Rating

  • Credit Rating

    2026-07-21 - Mahindra & Mahindra Financial Services Limited has informed the Exchange about Credit Rating

  • Credit Rating

    2026-07-10 - Mahindra & Mahindra Financial Services Limited has informed the Exchange about Credit Rating

Concalls