Mahindra & Mahindra Financial Services Ltd Share Price (M&MFIN)

M&M Finance Reports Strong Growth in Disbursements and Assets - 04 Apr, 2024

Mahindra & Mahindra Financial Services Ltd reported a strong growth in disbursements, with Q4 FY23 disbursement at Rs 15,300 crore, up 11% YoY. Total assets increased by 24% YoY to Rs 1.02 lakh crore as of March 2024. Collection efficiency is estimated to be at 96%, while Stage-3 assets are estimated at about 3.3%. The company has a liquidity chest of over Rs. 7,650 crore.

M&M Financial Reports Strong Performance Despite Cautious Brokerage Outlook - 03 Apr, 2024

Mahindra & Mahindra Financial Services recorded a healthy increase in disbursements and business assets for FY24. However, brokerages Jefferies and Nomura remain cautious due to moderating disbursement growth.

Mahindra & Mahindra Financial Services Shareholders See 2.5% CAGR Over 5 Years - 25 Mar, 2024

Despite shrinking earnings and a 35% share price fall in the last five years, recent uptick of 4.6% could be a positive sign for M&MFIN. The EPS declined at a rate of 12% per year, worse than the 8% compound annual share price fall. However, TSR is 13% for the last 5 years, exceeding its share price return.

Mahindra & Mahindra Financial Services Receives IND AAA Credit Ratings - 21 Mar, 2024

India Ratings & Research has assigned IND AAA credit ratings with a stable outlook to various debt instruments of Mahindra & Mahindra Financial Services, including non-convertible debentures, retail subordinate debt, and commercial paper.

Mahindra & Mahindra Finance to Issue NCDs Worth Rs 2,000 Crore - 11 Mar, 2024

Mahindra & Mahindra Finance has approved the issuance of NCDs worth Rs 2,000 crore on a private placement basis. The company's net profit fell 5.87% YoY to Rs 622.56 crore in Q3 FY24.