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Mahindra and Mahindra Financial Svcs Ltd
Previous close
₹257.75
Day range
₹257.40 - ₹263.00
Year range
₹237.35 - ₹346.55
Market cap
319.00B INR
Avg Volume
3.45M
P/E ratio
16.43
Dividend yield
2.32%
Primary exchange
NSE
In the news
Financials
Income Statement
Revenue
Net income
| (INR) | Dec 2023info | Y/Y change |
|---|---|---|
Revenue | 19.92B | 10.83% |
Operating expense | 9.22B | 8.96% |
Net income | 6.23B | -5.88% |
Net profit margin | 31.25 | -15.06% |
Earnings per share | 4.47 | -12.18% |
EBITDA | — | — |
Effective tax rate | 24.62% | — |
Balance Sheet
Total assets
Total liabilities
| (INR) | Dec 2023info | Y/Y change |
|---|---|---|
Cash and short-term investments | 24.32B | -40.15% |
Total assets | — | — |
Total liabilities | — | — |
Total equity | 186.42B | — |
Shares outstanding | 1.23B | — |
Price to book | 1.71 | — |
Return on assets | — | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (INR) | Dec 2023info | Y/Y change |
|---|---|---|
Net income | 6.23B | -5.88% |
Cash from operations | — | — |
Cash from investing | — | — |
Cash from financing | — | — |
Net change in cash | — | — |
Free cash flow | — | — |
About
Mahindra & Mahindra Financial Services Limited is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.
Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. They received the certificate of commencement of business on 19 February 1991. On 3 November 1992, Mahindra Finance changed their name to Mahindra & Mahindra Financial Services Limited. Mahindra Finance is registered with the Reserve Bank of India as an asset finance, deposit taking NBFC.
In 1993 it commenced financing M&M utility vehicles and in 1995 started its first branch outside Mumbai, in Jaipur. The company began financing non-M&M vehicles in 2002 and got into the business of financing commercial vehicles and construction equipment in 2009. In 2011 they had a joint venture with Rabobank subsidiary for tractor financing in the US and consolidated the product portfolio by introducing small and medium enterprises financing. Wikipedia
Founded
1991
Website
Employees
26,329
