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Mahindra & Mahindra Financial Services Ltd

(M&MFIN)

₹323.651.18%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 34 analysts

HOLD

44.12%

Buy

32.35%

Hold

23.53%

Sell

Based on 34 analysts offering long term price targets for Mahindra & Mahindra Financial Services Ltd. An average target of ₹304.21

Source: S&P Global Market Intelligence

Mahindra & Mahindra Financial Services Ltd Share analysis

Mahindra & Mahindra Financial Services Ltd price forecast by 34 analysts

Downside of-7.11%

High

₹350

Target

₹304.21

Low

₹229

Mahindra & Mahindra Financial Services Ltd target price ₹304.21, a slight downside of -7.11% compared to current price of ₹323.65. According to 34 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹315.15
    ₹333.25
  • 52 Week's Low

    52 Week's High

    ₹237.35
    ₹336.85
1 Month Return+ 10.49 %
3 Month Return+ 6.87 %
1 Year Return+ 5.82 %
Previous Close₹327.50
Open₹329.40
Volume17.75L
Upper Circuit-
Lower Circuit-
Market Cap₹40,465.50Cr

Key Statistics

P/E Ratio19.51
PEG Ratio-19.9
Market Cap₹40,465.50 Cr
P/B Ratio1.89
EPS15.74
Dividend Yield2.26
SectorFinance
ROE9.98

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹40,465.50 Cr13.11%0.92₹1,943 Cr₹15,962 Cr
HOLD₹54,931.73 Cr47.51%0.91₹1,422 Cr₹7,273 Cr
BUY₹30,806.11 Cr114.02%0.83₹1,683 Cr₹5,417 Cr
BUY₹1,34,404.88 Cr50.58%0.90₹7,391 Cr₹36,388 Cr
BUY₹59,173.87 Cr30.82%0.50₹3,438 Cr₹34,524 Cr

Company Information

Mahindra & Mahindra Financial Services Ltd (MMFSL) is a leading non-banking financial company in India, incorporated in 1991. The company has been providing a wide range of financial services and solutions to individuals, rural and urban customers, and small and medium enterprises.

MMFSL's primary operations include vehicle finance, rural finance, microfinance, and SME finance. The company has a wide range of products and services, including vehicle loans, tractor loans, two-wheeler loans, commercial vehicle loans, SME loans, microfinance loans, and housing finance. MMFSL also provides insurance products, mutual fund investments, and other financial services.

The company's popular brands include Mahindra Finance, Mahindra Rural Housing Finance, Mahindra Insurance Brokers, Mahindra Mutual Fund, and Mahindra Investment Services. MMFSL has a strong presence in rural India, with more than 2,000 branches in more than 20,000 villages across the country. The company has also established a strong foothold in urban India, with more than 1,200 branches in over 500 cities.

Share Price: ₹323.65 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹40,465.50Cr as of today
Revenue: ₹4,374.00Cr as on June 2024 (Q2 24)
Net Profit: ₹497.01Cr as on June 2024 (Q2 24)
Listing date: 17 Mar, 2006
Chairperson Name: Anish Shah
OrganisationMahindra & Mahindra Financial Services Ltd
HeadquartersMumbai
IndustryFinance
E-voting on sharesClick here to vote

Key events for Mahindra & Mahindra Financial Services Ltd

  • M&M Financial Services Reaches New Highs - 18 Sep, 2024

    M&M Financial Services has reached a fresh 52-week high, with experts recommending a buy for a target of Rs 390 over the next 2-4 months. The stock has shown resilience, maintaining support levels and gaining upward momentum.

  • Mahindra Finance Expands into Mortgage Business - 16 Sep, 2024

    Mahindra & Mahindra Financial Services Ltd. is expanding into the mortgage business, offering various loan products. The company plans to invest Rs 20-30 crore over the next year. Despite this, shares are trading flat, having underperformed the Nifty index over the past year.

  • Mahindra Finance Expands into Mortgage Business - 13 Sep, 2024

    Mahindra & Mahindra Financial Services has approved an expansion into the mortgage business, planning to invest Rs 20-30 crore over the next year. This move aims to leverage its retail lending presence and participate in affordable housing schemes.

  • Jefferies Issues Hold Rating on Mahindra Finance - 09 Sep, 2024

    Jefferies Brokerage has placed a hold rating on Mahindra & Mahindra Financial Services Ltd shares, anticipating strong rural demand and steady disbursement trends in the latter half of 2024.

  • Jefferies Upgrades Mahindra Finance Target Price - 06 Sep, 2024

    Jefferies maintains a hold rating on Mahindra Finance, raising the target price to Rs 315. Management reports steady disbursement trends and improved rural sentiment, with expectations of stable collections and reduced credit costs in FY25.

  • Mahindra Finance Plans Significant Hiring and Initiatives - 27 Aug, 2024

    Mahindra Finance aims to hire 1,000 frontline employees as part of 7,000 total hires this year. The company focuses on women empowerment and has a workforce of 26,000.

  • Mahindra Finance Appoints New Compliance and Business Officers - 20 Aug, 2024

    Mahindra Finance has appointed Mod Narayan Singh as chief compliance officer and Bijoy Thaplial as chief business officer, enhancing its leadership team.

Insights on Mahindra & Mahindra Financial Services Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, M&MFIN stock has moved up by 10.5%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 10 quarters, 2.90K Cr → 4.37K Cr (in ₹), with an average increase of 4.4% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.00% to 16.94% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Shriram Finance Ltd has given 170.8% return, outperforming this stock by 84.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 86.4% return, outperforming this stock by 80.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 52.16% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.96% to 10.09% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 670.35 Cr → 497.66 Cr (in ₹), with an average decrease of 25.8% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 7.18% to 7.00% in Jun 2024 quarter

Mahindra & Mahindra Financial Services Ltd Infographics

Mahindra & Mahindra Financial Services Ltd Q1 FY2024-2025 Results: Key Insights

Mahindra & Mahindra reports 45% hike in Net profits.

  • Mahindra & Mahindra reports 45% hike in Net profits.

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹3,650.68Cr (-)₹3,877.62Cr (↑6.22%)₹4,149.75Cr (↑7.02%)₹4,348.38Cr (↑4.79%)₹4,374.00Cr (↑0.59%)
Net Income₹362.22Cr (-)₹287.24Cr (↓20.70%)₹622.95Cr (↑116.87%)₹670.64Cr (↑7.66%)₹497.01Cr (↓25.89%)
Net Profit Margin9.92% (-)7.41% (↓25.30%)15.01% (↑102.56%)15.42% (↑2.73%)11.36% (↓26.33%)
Value in ₹ crore
Details2021202220232024
Total Assets₹77,253.34Cr (-)₹75,531.78Cr (↓2.23%)₹96,441.37Cr (↑27.68%)₹1,15,357.01Cr (↑19.61%)
Total Liabilities₹62,541.83Cr (-)₹59,903.69Cr (↓4.22%)₹79,352.46Cr (↑32.47%)₹97,199.52Cr (↑22.49%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹3,151.18Cr (-)₹4,885.89Cr (↓255.05%)-₹0.31Cr (↓100.01%)-₹17,484.99Cr (↑56,40,219.35%)-₹18,403.70Cr (↑5.25%)

Index Inclusions

Nifty Midcap 100

₹59,351.90

-0.67 (-400.95%)

S&P BSE 150 MidCap

₹16,794.37

-0.4 (-67.06%)

S&P BSE Fin. Ser

₹11,877.81

0.14 (16.28%)

BSE 200

₹11,726.75

-0.04 (-4.26%)

Nifty 500

₹23,853.95

-0.19 (-44.7%)

Nifty Midcap 150

₹21,965.15

-0.52 (-114.75%)

Nifty 200

₹14,367.00

-0.09 (-13.45%)

BSE Mid-Cap

₹48,600.14

-0.53 (-256.93%)

S&P BSE 400 MidSmallCap

₹12,769.65

-0.61 (-78.92%)

S&P BSE 250 LargeMidCap

₹11,128.91

-0.04 (-4.49%)

Nifty MidSmallcap 400

₹20,684.65

-0.73 (-152.4%)

Nifty LargeMidcap 250

₹16,631.60

-0.25 (-41.65%)

Nifty Midcap 50

₹16,584.55

-0.62 (-103.2%)

BSE 500

₹37,616.67

-0.14 (-51.62%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
52.16%
0.00
Foreign Institutions
10.09%
-15.66
Mutual Funds
16.94%
12.94
Retail Investors
7%
-2.55
Others
13.82%
0.83

Key Indicators

Details20202021202220232024
Earning Per Share (₹)10.766.339.3316.7915.74
Details20202021202220232024
Return On Equity %8.142.576.5212.139.98
Details20202021202220232024
Return On Assets %1.4511.512.151.68
Details20202021202220232024
Book Value Per Share (₹)118.61128.05137.03150.45161.48

Mahindra & Mahindra Financial Services Ltd Valuation

Mahindra & Mahindra Financial Services Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-51.66x)

November 9, 2021

Today (19.51x)

September 18, 2024

Industry (28.68x)

September 18, 2024

Highest (36.00x)

January 23, 2018

LowHigh

Earnings and Dividends

  • Mahindra & Mahindra Financial Services Ltd Earnings Results

    Mahindra & Mahindra Financial Services Ltd’s net profit jumped 38.74% since last year same period to ₹497.66Cr in the Q1 2024-2025. On a quarterly growth basis, Mahindra & Mahindra Financial Services Ltd has generated -25.76% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Mahindra & Mahindra Financial Services Ltd Dividends May,2024

    In the quarter ending March 2024, Mahindra & Mahindra Financial Services Ltd has declared dividend of ₹6.30 - translating a dividend yield of 1.92%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Mahindra & Mahindra Financial Services Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Mahindra & Mahindra Financial Services Ltd (M&MFIN) share price today is ₹323.65

Mahindra & Mahindra Financial Services Ltd is listed on NSE

Mahindra & Mahindra Financial Services Ltd is listed on BSE

  • Today’s highest price of Mahindra & Mahindra Financial Services Ltd is ₹333.25.
  • Today’s lowest price of Mahindra & Mahindra Financial Services Ltd is ₹315.15.

PE Ratio of Mahindra & Mahindra Financial Services Ltd is 19.51

PE ratio = Mahindra & Mahindra Financial Services Ltd Market price per share / Mahindra & Mahindra Financial Services Ltd Earnings per share

Today’s traded volume of Mahindra & Mahindra Financial Services Ltd(M&MFIN) is 17.75L.

Today’s market capitalisation of Mahindra & Mahindra Financial Services Ltd(M&MFIN) is ₹40465.5Cr.

Mahindra & Mahindra Financial Services Ltd(M&MFINPrice
52 Week High
₹336.85
52 Week Low
₹237.35

Mahindra & Mahindra Financial Services Ltd(M&MFIN) share price is ₹323.65. It is down -3.92% from its 52 Week High price of ₹336.85

Mahindra & Mahindra Financial Services Ltd(M&MFIN) share price is ₹323.65. It is up 36.36% from its 52 Week Low price of ₹237.35

Mahindra & Mahindra Financial Services Ltd(M&MFINReturns
1 Day Returns
-3.85%
1 Month Returns
10.49%
3 Month Returns
6.87%
1 Year Returns
5.82%