Mahindra and Mahindra Financial Services Ltd

Mahindra & Mahindra Financial Serv. announced that the Board of Directors of the Company at its meeting held on 22 April 2025, inter alia, have recommended the final dividend of Rs 6.5 per equity Share (i.e. 325%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Mahindra & Mahindra Financial Serv. announced that the 35th Annual General Meeting(AGM) of the company will be held on 22 July 2025.Powered by Capital Market - Live

Net profit of Mahindra & Mahindra Financial Services declined 31.79% to Rs 457.22 crore in the quarter ended March 2025 as against Rs 670.35 crore during the previous quarter ended March 2024. Sales rose 14.14% to Rs 4885.63 crore in the quarter ended March 2025 as against Rs 4280.32 crore during the previous quarter ended March 2024. For the full year,net profit rose 17.03% to Rs 2261.87 crore in the year ended March 2025 as against Rs 1932.69 crore during the previous year ended March 2024. Sales rose 16.88% to Rs 18463.10 crore in the year ended March 2025 as against Rs 15796.85 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales4885.634280.32 14 18463.1015796.85 17 OPM %59.0464.50 -63.0060.73 - PBDT693.99967.91 -28 3348.122863.03 17 PBT609.47895.73 -32 3026.912588.18 17 NP457.22670.35 -32 2261.871932.69 17 Powered by Capital Market - Live

Mahindra & Mahindra Financial Services has received affirmation in credit rating at IND AAA/ Stable / IND A1+ for bank facilities aggregating to Rs 64,999.7 crore. Powered by Capital Market - Live

The Board of Mahindra & Mahindra Financial Services will meet on 22 April 2025 to consider increase in aggregate borrowing limits under section 180(1)(c) of the Companies Act, 2013. The proposed increase in aggregate borrowing limit would include fund raise(s) by way of issue of non-convertible debentures or any other securities or instrument(s) and other modes of borrowings to be made from time to time in one or more tranches as may be required. The said proposal for increase in aggregate borrowing limits will be subject to approval of the shareholders of the Company at the ensuing Annual General Meeting. Powered by Capital Market - Live

For FY25, the company's disbursements added up to Rs 57,850 crore, up 3% on a year-on-year (YoY) basis. Business assets as on 31 March 2025 stood at Rs 1,19,300 crore, which is a growth of 16% over March 2024. The collection efficiency (CE) is estimated to be at 97% for Q4 FY25 as against 98% in Q4 FY24. For FY25, CE is estimated at 95% as compared with 96% in FY24. As at 31 March 2025, Stage-3 assets are estimated to at about 3.7% as against 3.4% as at 31 March 2024. Stage-2 assets ares estimated at around 5.5% as compared with 5.0% as on 31 March 2024. The company continued to enjoy a comfortable liquidity position on its balance sheet, with a liquidity chest of over Rs 10,000 crore,' Mahindra Finance said in a statement. Mahindra & Mahindra Financial Services (Mahindra Finance), a part of the Mahindra Group, is an NBFC primarily engaged in the business of financing the purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment, and SME financing. The company's consolidated net profit jumped 47.4% to Rs 917.57 crore on a 16% increase in total income to Rs 4,815.36 crore in Q3 FY25 over Q3 FY24. The scrip fell 1.36% to currently trade at Rs 265 on the BSE. Powered by Capital Market - Live

Mahindra & Mahindra Financial Serv. will hold a meeting of the Board of Directors of the Company on 22 April 2025.Powered by Capital Market - Live

Ramganesh Iyer (Ram) brings over two decades of experience in financial services, spanning management consulting and entrepreneurship. In his 12 years in management consulting, Iyer most recently served as a partner at Bain & Company, where he led multiple large-scale projects in financial services for both Indian and multinational clients, as well as fintech firms. These projects included strategy development, customer-centric transformations, data & analytics assignments, and due diligence. Prior to this, Ramganesh has been an entrepreneur, co-founding and scaling two startups in the wealth-tech space'Fisdom and PARK Financial Advisors. Ram has published multiple reports and articles on topics like personal finance, fintech, and lending. Ram holds a Post Graduate Diploma in Management from IIM Ahmedabad (Gold Medalist) and holds a B. Tech in Electrical Engineering from IIT Bombay. Mahindra & Mahindra Financial Services (MMFSL), a part of the Mahindra Group, is an NBFC primarily engaged in the business of financing the purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment, and SME financing. The company's consolidated net profit jumped 47.4% to Rs 917.57 crore on a 16% increase in total income to Rs 4,815.36 crore in Q3 FY25 over Q3 FY24. Shares of Mahindra & Mahindra Financial Services shed 1.26% to Rs 289.25 on the BSE.Powered by Capital Market - Live

Mahindra & Mahindra Financial Services has received the credit rating 'IND AAA/Stable /IND A1+' for bank loans worth Rs 64,999.7 crore. Powered by Capital Market - Live

The company stated that Animesh Chatterjee, who served as CFO and was designated as key managerial personnel (KMP) from 29 January 2025 to 4 March 2025 for the interim period, has ceased to be CFO and KMP, effective at the close of business on 4 March 2025. However, Animesh Chatterjee will continue in his role as Head of Treasury at the company. Mahindra & Mahindra Financial Services (MMFSL), a part of the Mahindra Group, is an NBFC primarily engaged in the business of financing the purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment, and SME financing. The company's consolidated net profit jumped 47.4% to Rs 917.57 crore on a 16% increase in total income to Rs 4,815.36 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live