Mahindra and Mahindra Financial Services Ltd
M&MFINMahindra and Mahindra Financial Services Ltd
M&MFIN![](https://assets.tickertape.in/sector-icons/financials.png)
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Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
GoodThe stock is underpriced and is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
18.67 | 1.94 | 2.01% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
18.16 | 2.55 | 0.83% |
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.
Peers
Compare with peersBajaj Finance Ltd
Jio Financial Services Ltd
Cholamandalam Investment and Finance Company Ltd
Shriram Finance Ltd
Muthoot Finance Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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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 | 20.02 | 1.94 | 2.01% |
Bajaj Finance Ltd | 30.23 | 5.70 | 0.51% |
Jio Financial Services Ltd | 128.94 | 1.49 | — |
Cholamandalam Investment and Finance Company Ltd | 35.77 | 6.24 | 0.14% |
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 3.3981% | Percentage of the fund’s portfolio invested in the stock 1.74% | Change in the portfolio weight of the stock over the last 3 months 0.05% | 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 45/77 (+2) |
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 1.4305% | Percentage of the fund’s portfolio invested in the stock 2.01% | Change in the portfolio weight of the stock over the last 3 months 0.76% | 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 15/70 (+8) |
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 1.1153% | Percentage of the fund’s portfolio invested in the stock 0.88% | Change in the portfolio weight of the stock over the last 3 months -0.02% | 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 28/80 (-1) |
Compare 3-month MF holding change on Screener
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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
Mahindra & Mahindra Financial Services has appointed Bijoy Thaplial as the Chief Business Officer - Leasing, Partnerships, and Payments. With over 27 years of experience, Bijoy will lead Quiklyz (the vehicle leasing and subscription business), identify and foster meaningful alliances and strengthen the execution strategy across all payment products. He will focus on advancing leasing strategies, fostering partnerships, and improving payment and lending solutions to drive growth and enhance customer satisfaction. Bijoy has a career spanning various leadership roles across major financial institutions at Axis Bank, Royal Bank of Scotland, Standard Chartered UAE, HDFC Bank, GE-SBI Cards and INDAL where he consistently delivered strategic growth and operational excellence. He holds a post graduate diploma in management from Symbiosis Institute of Management Studies, Pune, and a Masters in Commerce from Pune University.Powered by Capital Market - Live
Mahindra & Mahindra Financial Services has appointed Mod Narayan Singh as Chief Compliance Officer, forming part of Senior Management Personnel (SMP) of the Company with effect from 19 August 2024. Powered by Capital Market - Live
The domestic equity benchmarks continued to trade near flat line with positive bias in morning trade. The Nifty traded above the 24,100 level. IT shares witnessed buying demand for the fourth consecutive trading session. Market will be volatile due to weekly expiry. At 10:27 IST, the barometer index, the S&P BSE Sensex, was up 43.99 points or 0.05% to 79,009.30. The Nifty 50 index added 1.40 points or 0.01% to 24,140.40. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index shed 0.11% and the S&P BSE Small-Cap declined 0.75%. The market breadth was weak. On the BSE, 1,394 shares rose and 2,221 shares fell. A total of 124 shares were unchanged. The domestic market will remain closed on Thursday, 15 August 2024, on account of Independence Day. Results today: Capacite Infraprojects (up 3.33%), EID-Parry (India) (down 0.93%), Entero Healthcare Solutions (down 0.75%), Gabriel India (down 2.31%), Glenmark Pharma (up 1.20%), Hindustan Aeronautics (down 1.03%), KIOCL (up 1.51%), KNR Construction (down 0.95%), Mazagon Dock Shipbuilders (down 1.78%), Pitti Engineering (down 0.45%), Red Tape (down 0.57%), RHI Magnestia India (down 0.69%), Reliance Power (down 1.84%), Suprajit Engineering (up 0.80%), Swan Energy (down 1%) Tarsons Products (down 7.58%) and Voltas (down 0.73%) will announce their quarterly earnings later today. Buzzing Index: The Nifty IT index gained 0.97% to 39,495.10. The index rallied 2.72% in four consecutive trading sessions. Tata Consultancy Services (up 1.52%), HCL Technologies (up 1.09%), Tech Mahindra (up 0.82%), Persistent Systems (up 0.65%), Infosys (up 0.52%), Wipro (up 0.5%), L&T Technology Services (up 0.25%), LTIMindtree (up 0.11%) and Mphasis (up 0.04%) advanced. Stocks in spotlight: Mahindra & Mahindra rose 1.39%. The company said that its total production declined 1.18% to 69,138 units in the month of July 2024 as compared with 69,962 units produced in the same period last year. NMDC Steel shed 0.96%. The company reported consolidated net loss of Rs 547 crore in Q1 FY25 as compared with net loss of Rs 861 crore in Q4 FY24. Revenue increased 9.6% QoQ to Rs 2,023 crore in the first quarter of FY25. Gujarat Narmada Valley Fertillizers Chemicals rose 0.05%. The company's consolidated net profit jumped 34.1% to Rs 118 crore on 22.3% increase in revenue to Rs 2,021 crore in Q1 FY25 over Q1 FY24.Powered by Capital Market - Live
Chola MS General Insurance Company, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited of Japan, has announced a strategic partnership with Mahindra Finance, one of India's leading Non-Banking Finance Companies. This collaboration will provide motor and other non-life insurance solutions to over 10 million customers of Mahindra Finance. Leveraging Mahindra Finance's extensive distribution network across India, Chola MS plans to enrich its general insurance offerings with customized digital solutions. These customer-centric solutions are designed to provide long-term financial protection to customers and their families. Both organizations are committed to delivering excellence through innovation and consistency catering to the diverse needs of the customers.Powered by Capital Market - Live
Mahindra Finance disbursements rise 3% YoY in Jul′24
![](https://pocket-image-cache.com/direct?url=http://www.business-standard.com/assets/web-assets/images/Business_Standard_685x385.jpg)
For year to date (YTD) July 2024, disbursements increased 5% YoY to about Rs 17,270 crore. The company said that business assets Rs 1,07,300 crore, a growth of 5% over March 2024 and around 22% over July 2023. The collection efficiency (CE) was constant on YoY basis at 95% in July 2024. Stage 3 and Stage 2 assets have remained below 10% put together, it added. The company stated that it continued to enjoy a comfortable liquidity position on its balance sheet, with a liquidity chest of over Rs 7,600 crore. 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. The NBFC's standalone net profit jumped 45% to Rs 513 crore on 20% increase in total income to Rs 3,760 crore in Q1 FY25 over in Q1 FY24. The scrip shed 0.34% to close at Rs 305.25 on Friday, 2 August 2024. Powered by Capital Market - Live
Mahindra & Mahindra Financial Services allots NCDs aggregating Rs 380 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 has allotted 3,560 Secured, Rated, Listed, Redeemable Non-convertible Debentures with the face value of Rs. 10,00,000, per debenture issued at a discount of Rs. 5,498.1939 per debenture and accrued interest of Rs. 72,956.2842 per debenture, aggregating to subscription amount of Rs. 380,01,50,801.48, on private placement basis. Powered by Capital Market - Live
Broker’s call: M&M Financial (Buy)
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)
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 8.87%, vs industry avg of 14.64%
Decreasing Market Share
Over the last 5 years, market share decreased from 8.47% to 7.07%
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 21.41%