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Mahindra and Mahindra Financial Svcs Ltd
Previous close
₹274.15
Day range
₹266.70 - ₹275.55
Year range
₹243.30 - ₹343.00
Market cap
337.42B INR
Avg Volume
4.56M
P/E ratio
15.50
Dividend yield
2.31%
Primary exchange
NSE
In the news
Financials
Income Statement
Revenue
Net income
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 16.79B | 10.90% |
Operating expense | 9.47B | 4.38% |
Net income | 3.89B | 38.54% |
Net profit margin | 23.20 | 24.93% |
Earnings per share | 2.98 | 56.84% |
EBITDA | — | — |
Effective tax rate | 25.42% | — |
Balance Sheet
Total assets
Total liabilities
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 46.35B | 90.60% |
Total assets | 1.34T | 18.01% |
Total liabilities | 1.14T | 20.00% |
Total equity | 201.13B | — |
Shares outstanding | 1.24B | — |
Price to book | 1.69 | — |
Return on assets | — | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(INR) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 3.89B | 38.54% |
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
26,662