Mahindra & Mahindra Financial Services (M&MFIN) Stock Overview
A non-banking financial company, engages in financing business in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
M&MFIN Community Fair Values
Create NarrativeSee what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Mahindra & Mahindra Financial Services Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹285.00 |
| 52 Week High | ₹412.20 |
| 52 Week Low | ₹246.35 |
| Beta | 0.41 |
| 1 Month Change | -15.95% |
| 3 Month Change | -19.27% |
| 1 Year Change | 1.37% |
| 3 Year Change | -4.11% |
| 5 Year Change | 66.13% |
| Change since IPO | 512.77% |
Recent News & Updates
Narrative Update • May 26
M&MFIN: Dividend Timeline Will Support Confidence In Stable Long Term Assumptions
Analysts have slightly increased their price target for Mahindra & Mahindra Financial Services to about ₹349 from roughly ₹348, citing steady assumptions on revenue growth, profit margin, and a slightly lower assumed future P/E multiple. What's in the News Annual dividend of ₹7.50 per share announced, payable on August 20, 2026, with ex-date and record date on July 13, 2026 (Key Developments).Narrative Update • May 10
M&MFIN: Dividend Timeline And Tweaked Assumptions Will Shape Balanced Outlook
Analysts have trimmed their price target on Mahindra & Mahindra Financial Services by about ₹12.55 to ₹348, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Mahindra & Mahindra Financial Services declared an annual dividend of ₹7.50 per share, with payment scheduled for August 20, 2026, and an ex date and record date of July 13, 2026 (Key Developments).Analysis Article • Apr 26
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Ticks All The Boxes When It Comes To Earnings Growth
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Recent updates
Narrative Update • May 26
M&MFIN: Dividend Timeline Will Support Confidence In Stable Long Term Assumptions
Analysts have slightly increased their price target for Mahindra & Mahindra Financial Services to about ₹349 from roughly ₹348, citing steady assumptions on revenue growth, profit margin, and a slightly lower assumed future P/E multiple. What's in the News Annual dividend of ₹7.50 per share announced, payable on August 20, 2026, with ex-date and record date on July 13, 2026 (Key Developments).Narrative Update • May 10
M&MFIN: Dividend Timeline And Tweaked Assumptions Will Shape Balanced Outlook
Analysts have trimmed their price target on Mahindra & Mahindra Financial Services by about ₹12.55 to ₹348, reflecting updated assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E multiples. What's in the News Mahindra & Mahindra Financial Services declared an annual dividend of ₹7.50 per share, with payment scheduled for August 20, 2026, and an ex date and record date of July 13, 2026 (Key Developments).Analysis Article • Apr 26
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Ticks All The Boxes When It Comes To Earnings Growth
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Apr 21
M&MFIN: Undervalued View Will Hinge On Forthcoming Board Dividend Decision
Analysts have trimmed their price target on Mahindra & Mahindra Financial Services to about ₹361 from around ₹370, reflecting slightly updated assumptions on fair value, discount rate, growth, margins and future P/E multiples. What's in the News A board meeting has been scheduled on Apr 24, 2026 to consider and approve audited standalone and consolidated financial results for the fourth quarter and full year ended Mar 31, 2026 (Key Developments).Narrative Update • Apr 06
M&MFIN: Undervalued Case Will Rely On Upcoming Board And RSU Decisions
Analysts have trimmed their price target on Mahindra & Mahindra Financial Services to about ₹370 from roughly ₹376, citing slightly revised assumptions for fair value, discount rate and forward P/E, while keeping revenue growth and profit margin expectations largely in line with earlier estimates. What's in the News Shareholders are scheduled to vote via postal ballot on 7 February 2026 on appointing Ms. Padmaja Chunduru as an Independent Director for a five year term from 10 November 2025 to 9 November 2030, not liable to retire by rotation (company filing).Narrative Update • Mar 23
M&MFIN: Undervalued Outlook Will Hinge On Upcoming Board And Governance Decisions
Analysts have inched their consolidated price target for Mahindra & Mahindra Financial Services slightly lower from ₹377.00 to about ₹376.47, reflecting updated assumptions around discount rate, profit margin and forward P/E multiples, while keeping revenue growth expectations broadly aligned with earlier views. What's in the News The board has scheduled a meeting for Jan 28, 2026 at 14:00 IST to review and approve unaudited standalone and consolidated financial results for the third quarter and nine months ended Dec 31, 2025, subject to limited review by joint statutory auditors, and to consider other matters (company filing).Narrative Update • Mar 08
M&MFIN: Stable Outlook Will Rely On Upcoming Board And Governance Decisions
Analysts have kept their fair value estimate for Mahindra & Mahindra Financial Services steady at ₹377.00, with only minor tweaks to assumptions such as the discount rate, revenue growth, profit margin, and future P/E helping to refine, rather than materially shift, their overall price target view. What's in the News A board meeting is scheduled for Jan 28, 2026 to consider and approve unaudited standalone and consolidated financial results for the third quarter and nine months ended Dec 31, 2025, along with other matters (company filing).Narrative Update • Feb 21
M&MFIN: Board Changes And New Equity Plan Will Shape Balanced Outlook
Analysts have slightly raised their price target for Mahindra & Mahindra Financial Services from ₹375.36 to ₹377.00. They cite updated fair value analysis that incorporates marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions.Narrative Update • Feb 06
M&MFIN: Governance Appointments And New Equity Plan Will Shape A Balanced Outlook
Analysts have lifted their price target for Mahindra & Mahindra Financial Services from ₹342.50 to about ₹375.36, citing updated assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News A special shareholders meeting is scheduled via postal ballot on Feb 7, 2026, to vote on appointing Ms. Padmaja Chunduru as an Independent Director for a five-year term from Nov 10, 2025, to Nov 9, 2030, not liable to retire by rotation (company filing).Narrative Update • Jan 22
M&MFIN: Joint Venture And Governance Moves Will Support A Balanced Outlook
Analysts have nudged their price target for Mahindra & Mahindra Financial Services from ₹335.78 to ₹342.50, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that they view as better aligned with current projections. What's in the News A board meeting is scheduled for Nov 12, 2025, to consider entering into a joint venture agreement with Manulife to form a life insurance company in India, subject to regulatory approvals and the conditions in the joint venture agreement (Key Developments).Narrative Update • Jan 06
M&MFIN: Joint Venture Plans And Board Changes Will Mask Overvaluation
Analysts have raised their price target for Mahindra & Mahindra Financial Services to ₹335.78 from ₹325.31, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples in their models. What's in the News A board meeting is scheduled on January 28, 2026 to consider and approve unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025, subject to limited review by the joint statutory auditors (company filing).Narrative Update • Dec 15
M&MFIN: Joint Venture And Board Changes Will Shape A Balanced Outlook
Analysts have modestly raised their price target on Mahindra & Mahindra Financial Services, lifting the fair value estimate by about Rs 4 to approximately Rs 325 per share. This reflects slightly lower perceived risk and sustained expectations for robust revenue growth, resilient profit margins, and a marginally higher future valuation multiple.Narrative Update • Dec 01
M&MFIN: Upcoming Joint Venture Agreement Is Likely To Weigh On Valuation
Analysts have raised their price target for Mahindra & Mahindra Financial Services from ₹309.69 to ₹321.09. They cite slightly higher projected revenue growth and profit margins as key factors behind the upward adjustment.Narrative Update • Nov 17
M&MFIN: Joint Venture Prospects And Steady Outlook Will Shape Upcoming Performance
Narrative Update on Mahindra & Mahindra Financial Services: Analyst Price Target Revision Analysts have maintained their fair value estimate for Mahindra & Mahindra Financial Services at ₹309.69. Recent recalibrations to the discount rate and future price-to-earnings assumptions did not materially impact the overall valuation.Analysis Article • Nov 11
Mahindra & Mahindra Financial Services Limited (NSE:M&MFIN) Looks Inexpensive But Perhaps Not Attractive Enough
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 28x, you may consider...Narrative Update • Nov 01
M&MFIN: Future Earnings Will Reflect Improved Margins And Revenue Momentum
Analysts have raised their price target for Mahindra & Mahindra Financial Services from ₹290.25 to ₹309.69, citing slightly stronger projected revenue growth and improved profit margins as key drivers of the revision. What's in the News The Board of Directors will meet on October 28, 2025 at 16:05 IST to consider and approve unaudited standalone and consolidated financial results for the second quarter and half year ended September 30, 2025 (Board Meeting).Narrative Update • Oct 17
Rural Growth And Digital Transformation Will Expand Market Reach
Analysts have slightly raised their price target for Mahindra & Mahindra Financial Services to ₹290.25. They cite improved growth projections and a stable profitability outlook as key drivers of the upward revision.Narrative Update • Oct 03
Rural Growth And Digital Transformation Will Expand Market Reach
Mahindra & Mahindra Financial Services' analyst price target has been revised downward from ₹304.44 to ₹290.16, as analysts cite slight adjustments to growth estimates and valuation metrics. These changes reflect updated outlooks on revenue growth and profitability.Narrative Update • Sep 16
Rural Growth And Digital Transformation Will Expand Market Reach
The increase in Mahindra & Mahindra Financial Services’ analyst price target to ₹304.44 reflects an improved valuation despite stable future P/E and discount rate metrics. What's in the News Analyst/Investor Day event conducted.Analysis Article • Jun 27
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Will Pay A Larger Dividend Than Last Year At ₹6.50
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) has announced that it will be increasing its dividend...Analysis Article • Jun 10
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Shareholders Will Receive A Bigger Dividend Than Last Year
Mahindra & Mahindra Financial Services Limited's ( NSE:M&MFIN ) dividend will be increasing from last year's payment of...Analysis Article • May 09
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Upcoming Dividend Will Be Larger Than Last Year's
Mahindra & Mahindra Financial Services Limited's ( NSE:M&MFIN ) dividend will be increasing from last year's payment of...Analysis Article • Apr 25
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Dividend Will Be Increased To ₹6.50
The board of Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) has announced that it will be paying its...Analysis Article • Apr 10
Little Excitement Around Mahindra & Mahindra Financial Services Limited's (NSE:M&MFIN) Earnings
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 25x, you may consider...Analysis Article • Jan 20
Does Mahindra & Mahindra Financial Services (NSE:M&MFIN) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
New Narrative • Dec 19
Decisive Co-Lending With SBI And Diversification Into Mortgages And Insurance Will Enhance Net Margins And Drive Robust Earnings Growth
Efforts to improve asset quality and operational efficiency are poised to enhance margins and bolster earnings.Analysis Article • Sep 16
Earnings Working Against Mahindra & Mahindra Financial Services Limited's (NSE:M&MFIN) Share Price
When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 35x, you may consider...Analysis Article • Jul 04
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Has Announced That It Will Be Increasing Its Dividend To ₹6.30
Mahindra & Mahindra Financial Services Limited's ( NSE:M&MFIN ) dividend will be increasing from last year's payment of...Analysis Article • Jun 20
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Shareholders Will Receive A Bigger Dividend Than Last Year
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) has announced that it will be increasing its dividend...Analysis Article • Jun 06
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Will Pay A Larger Dividend Than Last Year At ₹6.30
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) has announced that it will be increasing its dividend...Analysis Article • May 23
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Is Increasing Its Dividend To ₹6.30
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) will increase its dividend from last year's comparable...Analysis Article • May 09
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Has Announced That It Will Be Increasing Its Dividend To ₹6.30
Mahindra & Mahindra Financial Services Limited's ( NSE:M&MFIN ) periodic dividend will be increasing on the 22nd of...Analysis Article • Jul 19
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Upcoming Dividend Will Be Larger Than Last Year's
Mahindra & Mahindra Financial Services Limited's ( NSE:M&MFIN ) dividend will be increasing from last year's payment of...Analysis Article • Jul 05
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Dividend Will Be Increased To ₹6.00
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) has announced that it will be increasing its dividend...Analysis Article • Jun 21
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Shareholders Will Receive A Bigger Dividend Than Last Year
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) will increase its dividend from last year's comparable...Analysis Article • May 29
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Dividend Will Be Increased To ₹6.00
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) will increase its dividend from last year's comparable...Analysis Article • May 15
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Has Announced That It Will Be Increasing Its Dividend To ₹6.00
Mahindra & Mahindra Financial Services Limited ( NSE:M&MFIN ) has announced that it will be increasing its dividend...Analysis Article • May 01
Mahindra & Mahindra Financial Services' (NSE:M&MFIN) Dividend Will Be Increased To ₹6.00
Mahindra & Mahindra Financial Services Limited's ( NSE:M&MFIN ) dividend will be increasing from last year's payment of...Shareholder Returns
| M&MFIN | IN Consumer Finance | IN Market | |
|---|---|---|---|
| 7D | -3.2% | -2.7% | -1.2% |
| 1Y | 1.4% | -4.7% | -5.1% |
Return vs Industry: M&MFIN exceeded the Indian Consumer Finance industry which returned -4.7% over the past year.
Return vs Market: M&MFIN exceeded the Indian Market which returned -5.1% over the past year.
Price Volatility
| M&MFIN volatility | |
|---|---|
| M&MFIN Average Weekly Movement | 6.1% |
| Consumer Finance Industry Average Movement | 6.8% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.8% |
Stable Share Price: M&MFIN has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: M&MFIN's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 26,662 | Raul Rebello | www.mahindrafinance.com |
Mahindra & Mahindra Financial Services Limited, a non-banking financial company, engages in financing business in India. The company operates through Financing Activities and Other Reconciling Items segments. It offers vehicle financing for auto, utility vehicles, passenger cars, tractors, commercial vehicles, and construction equipment; pre-owned vehicle financing; and vehicle leasing solutions through its digital platform Quiklyz to fleet operators, farmers, businesses, self-employed, and salaried individuals.
Mahindra & Mahindra Financial Services Limited Fundamentals Summary
| M&MFIN fundamental statistics | |
|---|---|
| Market cap | ₹396.00b |
| Earnings (TTM) | ₹28.55b |
| Revenue (TTM) | ₹96.70b |
13.9x
P/E Ratio4.1x
P/S RatioIs M&MFIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| M&MFIN income statement (TTM) | |
|---|---|
| Revenue | ₹96.70b |
| Cost of Revenue | ₹13.18b |
| Gross Profit | ₹83.53b |
| Other Expenses | ₹54.98b |
| Earnings | ₹28.55b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 20.54 |
| Gross Margin | 86.37% |
| Net Profit Margin | 29.52% |
| Debt/Equity Ratio | 428.0% |
How did M&MFIN perform over the long term?
See historical performance and comparisonDividends
2.6%
Current Dividend Yield36%
Payout RatioDoes M&MFIN pay a reliable dividends?
See M&MFIN dividend history and benchmarks| Mahindra & Mahindra Financial Services dividend dates | |
|---|---|
| Ex Dividend Date | Jul 13 2026 |
| Dividend Pay Date | Aug 20 2026 |
| Days until Ex dividend | 33 days |
| Days until Dividend pay date | 71 days |
Does M&MFIN pay a reliable dividends?
See M&MFIN dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 17:15 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mahindra & Mahindra Financial Services Limited is covered by 52 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pradeep Agrawal | 360 ONE Capital Market Private Limited |
| Raghav Garg | Ambit Capital |
| Kaitav Shah | Anand Rathi Shares and Stock Brokers Limited |