Flash Finance

Mahindra & Mahindra Financial Services LimitedM&MFINBank / NBFC

Financial Services Credit Services Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹311.55
MCap ₹43,294 Cr · P/E 13.3
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹5,718 Cr
Interest Earned · Jun 2026
+28.0% YoY
—
Operating Profit · Jun 2026
₹927 Cr
Net Profit · Jun 2026
+75.3% YoY
₹6.66
EPS · Jun 2026
+64.0% YoY
—
Gross NPA % · Jun 2026
—
Net NPA % · Jun 2026

📝 Mahindra & Mahindra Financial Services Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Mahindra & Mahindra Financial Services Limited reported total income of ₹5,718 crore for the quarter ended June 2026 (Q1 FY27), up 14.1% from ₹5,013 crore in the same quarter last year, and up 2.5% sequentially over the March 2026 quarter.

Net profit rose 75.3% year-on-year to ₹927 crore, from ₹529 crore. Earnings per share (EPS) came in at ₹6.66.

Full year and trailing twelve months

For the full year FY26, Mahindra & Mahindra Financial Services Limited posted total income of ₹21,103 crore, a growth of 13.9% over FY25, with a net profit of ₹2,861 crore (up 26.5% year-on-year).

On a trailing-twelve-month (TTM) basis, total income stands at ₹21,808 crore with a net profit of ₹3,259 crore.

Valuation snapshot

At the current price of ₹311.55, M&MFIN has a market capitalisation of ₹43,294 crore and a trailing P/E of about 13.3.

Within the Credit Services industry, it is the 13th-largest of the 23 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 52.49%, foreign institutional investors (FIIs) 9.40%, domestic institutional investors (DIIs) 32.09%, public shareholders 5.98% of Mahindra & Mahindra Financial Services Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹43,294 Cr
Current Price ?
₹311.6
P/E ?
13.28below ind
Industry P/E ?
15.80
P/B ?
1.63
P/S ?
1.99
P/FCF ?
-3.30
Enterprise Value ?
N/A
EV/EBITDA ?
N/A
PEG ?
1.11
Earnings Yield ?
7.5%
Dividend Yield ?
2.38%
Profitability & Returns
Total Income (TTM) ?
₹21,808 Cr
OPM ?
N/A
Profit after tax (TTM) ?
₹3,259 Cr
EPS (TTM) ?
₹23.45
ROCE ?
N/A
ROE ?
12.2%
ROA ?
2.1%
Gross NPA % ?
N/A
Net NPA % ?
N/A
Growth
Total Income — latest qtr ?
₹5,718 Cr
PAT — latest qtr ?
₹927 Cr
YoY qtr sales growth ?
14.1%
YoY qtr profit growth ?
75.3%
Sales growth (3y) ?
18%
Sales growth (5y) ?
11%
Profit growth (3y) ?
12%
Profit growth (5y) ?
35%
Financial Health
Debt ?
N/A
Debt to Equity ?
N/A
Interest Coverage ?
N/A
Current Ratio ?
N/A
Ownership
Promoter holding ?
52.49%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-3.9%
Return 6 months ?
4.1%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Interest Earned 3,1343,2823,3693,4853,6933,8663,9234,0544,2654,3244,4684,4774,7105,5395,718 +28.0% +3.2%
Other Income 21926726837844446743242553457354557375537— — —
Total Income 3,3533,5493,6373,8634,1374,3334,3554,4794,7994,8975,0135,0495,4645,5765,718 +14.1% +2.5%
Interest Expended 1,3731,4771,5971,7031,7981,8611,9602,0622,1752,2182,2802,1982,2362,220— — —
Operating Profit 1,0581,0181,0621,0161,1601,2501,1971,2471,3131,2901,3791,5111,696—— — —
Provisions 1828459364634737055573896697695768476—— — —
Profit Before Tax 8849344833838268966615231,2336097047591,1051,2591,242 +76.6% -1.3%
Net Profit 664675362287623671497390918456529566826940927 +75.3% -1.3%
EPS 5.365.522.912.285.055.434.033.157.433.704.064.065.936.756.66 +64.0% -1.3%
Gross NPA % 5.93% 4.49% 4.35% 4.29% 3.97% 3.40% 3.56% 3.83% 3.93% 3.69% 3.85% 3.94% 3.80% 3.41% — — —
Net NPA % 2.52% 1.87% 1.78% 1.71% 1.52% 1.28% 1.46% 1.59% 2.00% 1.84% 1.91% 1.89% 1.82% 1.44% — — —
Capital Adequacy Ratio 23.43% — 21.16% — 18.35% — 18.50% — 17.81% — 20.62% — 19.82% — — — —

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Interest Earned ₹16,566 Cr ₹19,194 Cr ₹20,443 Cr +15.9%
Other Income ₹1,964 Cr ₹1,909 Cr ₹1,364 Cr -2.8%
Total Income ₹18,530 Cr ₹21,103 Cr ₹21,808 Cr +13.9%
Interest Expended ₹8,415 Cr ₹8,934 Cr ₹6,654 Cr +6.2%
Net Interest Income ₹8,151 Cr ₹10,260 Cr ₹13,790 Cr +25.9%
Operating Profit ₹5,047 Cr ₹4,586 Cr ₹3,207 Cr -9.1%
Provisions ₹2,085 Cr ₹1,940 Cr ₹1,244 Cr -7.0%
Profit Before Tax ₹3,027 Cr ₹3,826 Cr ₹4,365 Cr +26.4%
Tax ₹766 Cr ₹646 Cr ₹786 Cr -15.6%
Net Profit ₹2,261 Cr ₹2,861 Cr ₹3,259 Cr +26.5%
EPS ₹18.31 ₹20.80 ₹23.40 +13.6%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 247247247278 +12.6%
Reserves 18,31319,68621,28226,361 +23.9%
Borrowing 81,429100,215119,093128,370 +7.8%
Other Liabilities 5,0963,5673,4833,635 +4.4%
Total Liabilities 105,085123,716144,105158,644 +10.1%
Fixed Assets 8711,0081,2071,334 +10.5%
CWIP 3106662 -97.0%
Investments 10,0639,59810,5907,407 -30.1%
Other Assets 94,148113,004132,242149,902 +13.4%
Total Assets 105,085123,716144,105158,644 +10.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -17,395-18,449-15,602-12,772 +18.1%
Cash from Investing Activity -1,6352,671-1,077770 +171.5%
Cash from Financing Activity 18,85216,09517,60510,637 -39.6%
Net Cash Flow -179317927-1,365 -247.2%
Free Cash Flow -17,794-18,719-15,975-13,120 +17.9%
CFO/OP -207%-181%-126%-91% +27.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
ROE % 12%10%11%12% +9.1%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 52.49%52.49%52.49%52.49% +0.0%
FIIs 9.33%9.59%9.11%9.40% +3.2%
DIIs 32.33%32.29%32.34%32.09% -0.8%
Public 5.79%5.58%6.02%5.98% -0.7%
Others 0.05%0.04%0.04%0.03% -25.0%
No. of Shareholders 2,27,1412,22,5262,43,0192,36,252 -2.8%

⚖️ Peer comparison

Industry: Credit Services · 23 companies · full page →
# Company CMP MCap (Cr) P/E Total Inc TTM NP TTM OPM% NPM% Inc YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 BAJFINANCE Bajaj Finance ₹1,034.50 643,553 31.7 86,183 20,648 21.1% 24.0% 18.4% 15.2% 18.7% 27.6%
2 SHRIRAMFIN Shriram Finance ₹1,028.60 242,034 21.1 50,068 11,318 27.5% 22.6% 15.1% 4.7% 16.3% 59.9%
3 CHOLAFIN Cholamandalam Investment ₹1,845.90 157,642 27.2 33,144 5,751 14.1% 17.4% 20.6% 22.7% 21.8% 45.6%
4 PFC Power Finance ₹353.45 116,642 4.5 115,462 33,642 28.0% 29.1% 8.4% 10.2% -0.2% 0.2%
5 MUTHOOTFIN Muthoot Finance ₹2,792.10 112,094 10.6 31,349 10,606 33.7% 33.8% 54.4% 98.1% 65.1% 135.2%
6 IRFC Indian Railway ₹81.09 105,973 14.4 30,364 7,372 18.9% 24.3% 0.7% 7.8% 24.4% 10.2%
7 RECLTD REC ₹312.70 82,341 5.1 59,274 16,035 27.4% 27.1% 5.7% 2.7% -2.4% -6.1%
8 LTF L&T Finance ₹309.10 77,462 15.9 20,052 4,871 12.7% 24.3% 12.4% 67.1% 26.5% 32.4%
9 SBICARD SBI Cards ₹655.20 62,352 28.8 20,712 2,166 28.8% 10.5% 11.1% 13.1% 7.4% 14.0%
10 HDBFS HDB FINANCIAL ₹670.85 55,577 20.2 18,902 2,761 31.0% 14.6% — — 10.6% 38.3%
11 PIRAMALFIN PIRAMAL FINANCE ₹2,256.00 53,275 — — — — — — — — —
12 SUNDARMFIN Sundaram Finance ₹4,700.00 51,802 23.4 10,164 2,220 23.7% 21.8% 15.2% 9.5% 12.8% 33.9%
13 M&MFIN Mahindra & Mahindra ₹356.50 49,540 15.2 21,808 3,259 14.7% 14.9% 13.9% 26.5% 14.1% 75.3%
14 POONAWALLA Poonawalla Fincorp ₹444.00 38,888 34.7 8,900 1,088 15.8% 12.2% 60.9% 652.7% 70.1% 405.2%
15 HUDCO Housing and Urban ₹172.35 34,503 8.1 14,119 4,255 19.2% 30.1% 28.8% 48.9% 26.9% 35.1%
16 IREDA Indian Renewable ₹111.71 31,382 16.0 8,628 1,964 9.8% 22.8% 23.4% 10.3% 14.8% 36.8%
17 MANAPPURAM Manappuram Finance ₹329.00 30,904 20.9 10,300 1,445 16.2% 14.0% -5.5% -17.5% 34.2% 341.4%
18 CHOLAHLDNG Cholamandalam Financial ₹1,539.00 28,899 10.8 41,410 6,015 18.6% 14.5% 18.3% 15.7% 19.5% 42.0%
19 CGCL Capri Global ₹265.50 25,545 22.7 5,318 1,128 22.2% 21.2% 45.9% 98.4% 57.3% 102.0%
20 IIFL IIFL Finance ₹600.00 25,517 — — — — — 30.8% 214.4% 28.4% 92.6%
21 CREDITACC CreditAccess Grameen ₹1,403.30 22,489 18.6 6,383 1,211 31.9% 19.0% 5.3% 46.5% 21.9% 719.7%
22 IFCI IFCI ₹82.67 22,274 96.0 2,043 432 32.0% 21.2% 3.2% 24.7% -19.6% -3.5%
23 KISSHT OnEMI Technology ₹361.35 6,406 — — — — — — — 44.6% 58.5%
❓ Frequently asked questions
What was Mahindra & Mahindra Financial Services Limited's total income in Q1 FY27?
Mahindra & Mahindra Financial Services Limited reported total income of ₹5,718 crore for the quarter ended June 2026 (Q1 FY27), up 14.1% from ₹5,013 crore in the same quarter last year, and up 2.5% sequentially over the March 2026 quarter.
What was Mahindra & Mahindra Financial Services Limited's net profit in Q1 FY27?
Net profit rose 75.3% year-on-year to ₹927 crore, from ₹529 crore. Earnings per share (EPS) came in at ₹6.66.
What is M&MFIN's market capitalisation and P/E ratio?
At the current price of ₹311.55, M&MFIN has a market capitalisation of ₹43,294 crore and a trailing P/E of about 13.3.
Who owns Mahindra & Mahindra Financial Services Limited? (shareholding pattern)
As of Mar 2026, promoters held 52.49%, foreign institutional investors (FIIs) 9.40%, domestic institutional investors (DIIs) 32.09%, public shareholders 5.98% of Mahindra & Mahindra Financial Services Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI