Market closed · data as of 28 Aug 2026 · source NSE via Alphave. Open the live chart →
Mahindra & Mahindra Financial Services is a rural and semi-urban focused NBFC financing utility vehicles, tractors, cars, pre-owned vehicles and commercial vehicles, with a distribution network deep into non-urban India and natural linkage to Mahindra vehicle and tractor dealerships. Also has interests in SME lending, insurance broking and a housing finance subsidiary. Asset quality is seasonally tied to rural cash flows and monsoons.
One of India's largest vehicle-financing NBFCs, particularly dominant in tractor and rural auto finance.
Mahindra & Mahindra Financial Services Ltd. is a constituent of NIFTY 200, NIFTY 500, NIFTY MIDCAP 100, NIFTY MIDCAP 150. See where it sits on the market heatmap →
Consolidated annual figures taken from Mahindra & Mahindra Financial Services Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 20.88 | 18.32 | 15.66 |
| Book value / share (₹) | 192.09 | 174.69 | 161.82 |
| Return on equity | 10.7% | 10.5% | 9.7% |
| Operating margin | 60.7% | 61.3% | 59.0% |
| Net margin | 13.6% | 12.3% | 12.3% |
| EBITDA | ₹13,127 Cr | ₹11,631 Cr | ₹9,593 Cr |
| Free cash flow | ₹-13,188 Cr | ₹-16,044 Cr | ₹-18,772 Cr |
| Interest coverage | 1.4 | 1.3 | 1.3 |
| Shares outstanding | 1,38,95,50,000 | 1,23,49,00,000 | 1,23,44,00,000 |
Open the full income statement, balance sheet and cash flow for M&MFIN →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.