Financials of Mahindra & Mahindra Financial Services Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Mahindra & Mahindra Financial Services Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue +3,4633,5833,8334,1004,2804,3164,4654,7974,8864,9915,0265,4505,539
Interest1,4771,5971,7031,7981,8611,9602,0622,1752,2182,2802,1982,2362,220
Expenses +1,0721,5041,7241,4561,5201,6761,8301,3252,0011,9642,0151,9131,987
Financing Profit9134824068469006795731,2976677468141,3011,332
Financing Margin %26%13%11%21%21%16%13%27%14%15%16%24%24%
Other Income +8667445068582819274339-10037
Depreciation656667697276798285869496110
Profit before tax9344833838268966615231,2336097047591,1051,259
Tax %28%25%25%25%25%25%25%26%25%25%25%25%25%
Net Profit +675362287623671497390918456529566826940
EPS in Rs4.902.582.024.484.823.582.806.603.293.804.065.936.75
Gross NPA %
Net NPA %

Financials of Mahindra & Mahindra Financial Services Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue +6,0516,5867,1897,91010,42911,99512,38211,41912,82815,96318,51921,005
Interest2,6432,8683,1863,4364,4325,3915,3084,4175,0946,9598,4158,934
Expenses +1,9722,4593,1232,5473,1294,9036,0465,3474,6966,2046,8327,878
Financing Profit1,4351,2588801,9272,8681,7021,0281,6553,0382,7993,2714,194
Financing Margin %24%19%12%24%28%14%8%14%24%18%18%20%
Other Income +1012123349475747-8647718
Depreciation4646545576147151152226275321386
Profit before tax1,4001,2248381,9052,8411,6029341,5492,8042,5883,0273,826
Tax %34%36%37%36%34%32%16%26%26%25%25%25%
Net Profit +9257875301,2161,8671,0867801,1502,0711,9432,2612,861
EPS in Rs7.136.034.008.5313.157.735.568.1814.9113.9016.2720.54
Dividend Payout %25%29%27%21%22%0%13%39%36%40%35%37%

Financials of Mahindra & Mahindra Financial Services Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital113113113123123123246247247247247278
Reserves5,8306,3566,8479,73211,14611,84615,53016,65018,31319,68621,28226,361
Borrowing29,23234,04440,64444,98658,80265,63465,10162,12681,429100,215119,093128,370
Other Liabilities +3,4594,4945,6193,8894,5054,1894,7244,7875,0963,5673,4833,635
Total Liabilities38,63345,00753,22358,73074,57681,79385,60183,809105,085123,716144,105158,644
Fixed Assets +1191291331472014553995158711,0081,2071,334
CWIP0010111223106662
Investments6541,1991,3742,3783,3275,34012,1268,65410,0639,59810,5907,407
Other Assets +37,86043,67951,71456,20571,04675,99673,06474,63794,148113,004132,242149,902
Total Assets38,63345,00753,22358,73074,57681,79385,60183,809105,085123,716144,105158,644

Financials of Mahindra & Mahindra Financial Services Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-3,970-4,957-6,467-8,510-12,078-3,1155,82618-17,395-18,449-15,602-12,772
Cash from Investing Activity +34-440-97243-1,213-2,689-8,3483,112-1,6352,671-1,077770
Cash from Financing Activity +3,9075,4316,7668,17413,4906,0502,548-3,17318,85216,09517,60510,637
Net Cash Flow-2934202-9319924526-43-179317927-1,365
Free Cash Flow-4,009-5,010-6,529-8,579-12,211-3,2315,785-276-17,794-18,719-15,975-13,120
CFO/OP-83%-104%-146%-146%-154%-36%102%10%-207%-181%-126%-91%

Financials of Mahindra & Mahindra Financial Services Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %16%12%8%14%17%9%5%7%12%10%11%12%