M&M Financial Services Share Price

NSE: M&MFIN
|
NBFC

₹ 304.90

-₹6.65 (-2.13%)
1D
Last updated 19 Oct, 2026, 15:58 IST

M&M Financial Services Share Price Today

As of 20 Oct 2026, M&M Financial Services share price is ₹304.90. The stock opened at ₹313.80, compared to its previous close of ₹311.55. During today's trading session, M&M Financial Services share price moved in the range of ₹302.00 to ₹315.25, with an average price of ₹308.63 for the day. Looking at its last 52-week, the stock has touched a low of ₹272.65 and a high of ₹415.00. On the performance front, M&M Financial Services share price has increased by 1.85% over the last six months and is up 1.60% on a year-on-year basis.

₹302.00
2.13% down today
₹315.25
1D LOW
1D HIGH

M&M Financial Services Returns Calculator

Volume
23,32,226
Average traded price
₹307.14
Last traded time
03:58:41 19 Oct
Last traded quantity
147
Circuit
L
H
₹243.95
₹365.85
52-week
L
H
₹272.65
₹415.00
Mkt Cap Cr
43,346.16
P/E
13.3
P/B
1.63
ROA
2.05%
ROE
10.72%
ROCE
8.22%
Quick Ratio
0.93
EV/EBITDA
11.9
Based on fundamentals, this stock's
Step 1 of 5
Performance
Very Poor
M & M Fin. Serv. has not beaten FD return of 7%
Step 3 of 5
Valuation
Fairly Valued
M & M Fin. Serv. appears to be fairly valued compared to its peers
Step 4 of 5
Earnings
Good
M & M Fin. Serv. revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
Bajaj Finance6,11,326.4528.865.233.23%16.68%9.91%0.4817.67
Bajaj Finserv2,78,278.0613.483.572.72%12.58%10.69%0.2411.64
Shriram Finance2,20,954.8519.522.093.51%15.21%10.99%3.5712.52
JIO FIN SERVICES LTD1,42,792.9482.511.090.94%1.32%2.15%0.6646.25
ICICI PRUDENTIAL AMC LTD1,38,973.1439.2626.0256.45%66.27%86.35%0.6528.52
TATA CAPITAL LIMITED1,33,352.5624.953.061.89%10.57%7.98%0.3315.27
Cholamandalam In & Fin Co1,34,499.9123.394.392.34%17.18%8.84%0.9214.46
Bajaj Holdings & Invs1,25,096.6413.71.6810.56%11.15%11.67%1.4513.69
Power Finance Corp1,09,893.393.270.772.7%18.22%9.82%0.919.8
IRFC1,02,195.7213.871.691.4%12.17%6.04%20.4916.82

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

About M&M Financial Services

ISIN
INE774D01024
Sector Market Cap
₹ 43,346.16 Cr

Mahindra and Mahindra Financial Services Limited is a non-banking finance company (NBFC). It was established in 1991 and operates as a rural and semi-rural NBFC based in Mumbai.

M&M Finance is a subsidiary of the Mahindra Group. The company was incorporated as Maxi Motors Financial Services Limited in 1991. It received its certificate of business commencement the same year. In 1992, the company changed its name to Mahindra and Mahindra Financial Services Limited in 1992.

As on March 31, 2023, the promoters hold 52% shares in the company whereas FIIs, DIIs, and Public hold 15%, 25%, and 8% shares respectively.

The market capitalisation of the company is over ₹33,300 crore as of January 11, 2024. M&M Finance share price has gained over 45% in the last three years.

Business operations

M&M Finance has business operations in over 380,000 villages in India and more than 7,000 towns fall within its reach. It has a customer base exceeding 9 million in India.

The company has a diverse product portfolio. It offers various services including vehicle loans for utility vehicles, commercial vehicles, tractors, cars, two-wheelers and used vehicles. It also provides refinancing, housing finance, SME financing, personal loans, fixed deposits, mutual fund distribution, insurance broking, loans against gold and construction equipment loans.

M&M Finance also offers pre-owned vehicle financing for cars, commercial vehicles and tractors. The company's insurance broking segment provides insurance solutions to both retail customers and corporations through its subsidiary, Mahindra Insurance Brokers Limited.

The company offers its services to customers in the United States for buying Mahindra Group products through Mahindra Finance USA LLC. It also provides international services through its subsidiary Mahindra Ideal Finance Limited in Sri Lanka.

M&M Finance established a partnership with Singapore's Manulife Investment Management to venture into the mutual fund business in 2020. It also joined forces with Ideal Finance Limited to extend its financial services into Sri Lanka in the same year.

M&M Finance has a network of 600 branches across India. It operates through 1,386 regular branches in India and 527 smart branches. The smart branches are designed with minimal infrastructure and a smaller staff size compared to the regular branches. The company operates in multiple markets with a presence in 27 states domestically, along with 7 Union Territories. Its international presence extends to 2 countries.

The company has many subsidiaries which include Mahindra Insurance Brokers Limited (MIBL) and Mahindra Rural Housing Finance Limited (MRHFL). MIBL provides 3,600 insurance solutions and on the other hand, MRHFL is India’s largest rural housing finance company.

M&M Financial Services Financial Highlights

  • Revenue: M&M Financial Services reported revenue of ₹21,005.37 crore in FY26 vs ₹18,463.10 crore in FY25. It showed an increase of 13.77% on a yearly basis.
  • Operating Profit: M&M Financial Services reported an operating profit of ₹3,825.90 crore in FY26 vs ₹3,026.91 crore in FY25. It showed an increase of 26.40% on a year-on-year basis.
  • Net Profit: M&M Financial Services reported a net profit of ₹2,861.11 crore in FY26 vs ₹2,260.87 crore in FY25. It showed an increase of 26.55% on a yearly basis.

M&M Financial Services Quarterly Result Highlights

  • M&M Financial Services reported revenue of ₹5,717.91 crore in Jun 2026, compared with ₹5,538.73 crore in Mar 2026, representing an increase of 3.24% on a quarter-on-quarter (QoQ) basis.
  • M&M Financial Services reported an operating profit of ₹1,242.22 crore in Jun 2026, compared with ₹1,259.07 crore in Mar 2026, representing a decrease of 1.34% on a quarter-on-quarter (QoQ) basis.
  • M&M Financial Services reported a profit of ₹927.48 crore in Jun 2026, compared with ₹940.48 crore in Mar 2026, reflecting a decrease of 1.38% on a QoQ basis.
  • The earnings per share (EPS) of M&M Financial Services stood at ₹20.88 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Know more
Promoters
52.49%
FII
9.53%
Other DII
14.81%
Retail and other
6.49%
Mutual funds
16.68%
Foreign Institutional Investor (FII)
FII shareholding by period
Sep 20259.59%
Dec 20259.11%
Mar 20269.40%
Jun 20269.53%
1 day
-2.13%
1 week
-5.43%
1 month
-13.70%
1 year
+1.60%
3 years
+7.97%
5 years
+60.35%
Day
Open / Close
Change %
19 Oct 26
₹313.80 / ₹304.90
-2.13%
16 Oct 26
₹317.80 / ₹311.55
-1.46%
15 Oct 26
₹321.80 / ₹316.15
-1.03%
14 Oct 26
₹325.50 / ₹319.45
-1.93%
Show more

M&M Financial Services Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue--------
Other Income₹81.36₹67.36₹173.47₹132.87
Total Revenue₹21,086.73₹18,530.46₹15,970.32₹12,832.40
Total Expenses₹17,197.52₹15,568.78₹13,438.25₹10,015.90
Profit Before Tax₹3,825.90₹3,026.91₹2,588.18₹2,803.76
Tax₹964.79₹766.04₹645.13₹732.56
Profit After Tax₹2,861.11₹2,260.87₹1,943.05₹2,071.20
EPS - Basic₹20.88₹17.78₹15.66₹16.81
EPS - Diluted₹20.86₹17.77₹15.65₹16.79

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹3,889.21₹2,961.68₹2,532.07₹2,816.50
Income before WC changes-₹1,941.03-₹2,636.77-₹2,698.42-₹2,792.63
Change in Assets-₹17,620.96-₹18,248.17-₹22,514.91-₹21,337.89
Change in Liabilities₹434.93-₹181.25₹464.08₹186.93
Change in WC-₹17,186.03-₹18,429.42-₹22,050.83-₹21,150.96
Cash flow from Operations-₹12,772.18-₹15,601.88-₹18,448.55-₹17,395.32
Cash flow from Investing₹769.52-₹1,076.89₹2,670.28-₹1,635.37
Cash flow from Financing₹10,637.20₹17,605.33₹16,094.90₹18,851.97
Total Cash Flow-₹1,365.46₹926.56₹316.63-₹178.72
Cash (Start of the year)₹1,830.50₹903.54₹586.53₹765.18
Cash (End of the year)₹465.45₹1,830.25₹903.54₹586.53

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹148,833.05₹136,205.01₹117,857.62₹98,138.24
Current Assets₹9,810.89₹7,900.25₹5,858.17₹6,946.53
Total Assets₹158,643.94₹144,105.26₹123,715.79₹105,084.77
Current Liabilities₹10,508.23₹5,928.05₹10,489.95₹9,060.74
Net Current Asset-₹697.34₹1,972.20-₹4,631.78-₹2,114.21
Non-Current Liabilities₹121,443.74₹116,604.23₹93,250.98₹77,322.59
Equity Capital₹26,691.97₹21,572.98₹19,974.86₹18,701.44
Total Equity & Liabilities₹158,643.94₹144,105.26₹123,715.79₹105,084.77

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue--------
Other Income₹54.69₹55.74₹158.28₹127.29
Total Revenue₹18,500.28₹16,074.69₹13,562.42₹11,056.09
Total Expenses₹14,710.32₹12,927.42₹11,206.95₹8,303.51
Profit Before Tax₹3,672.63₹3,147.27₹2,355.47₹2,698.07
Tax₹890.40₹802.23₹595.85₹713.75
Profit After Tax₹2,782.23₹2,345.04₹1,759.62₹1,984.32
EPS - Basic₹20.35₹18.43₹14.26₹16.09
EPS - Diluted₹20.33₹18.43₹14.25₹16.08

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹3,789.96₹3,147.27₹2,355.47₹2,752.58
Income before WC changes-₹1,757.68-₹2,380.89-₹2,399.10-₹2,296.61
Change in Assets-₹15,683.24-₹17,580.87-₹22,130.05-₹21,337.94
Change in Liabilities₹217.17-₹247.99₹355.00₹230.99
Change in WC-₹15,466.07-₹17,828.86-₹21,775.05-₹21,106.95
Cash flow from Operations-₹11,205.50-₹15,281.43-₹18,403.70-₹17,484.99
Cash flow from Investing₹1,109.28-₹1,011.49₹1,961.55-₹1,320.69
Cash flow from Financing₹8,820.88₹17,648.41₹16,503.45₹18,727.56
Total Cash Flow-₹1,275.34₹1,355.49₹61.30-₹78.12
Cash (Start of the year)₹1,666.56₹311.07₹249.75₹327.87
Cash (End of the year)₹391.22₹1,666.56₹311.05₹249.75

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹138,829.38₹128,370.38₹110,467.90₹90,776.14
Current Assets₹9,075.89₹7,177.80₹4,691.31₹5,440.41
Total Assets₹147,905.27₹135,548.18₹115,159.21₹96,216.55
Current Liabilities₹8,968.68₹5,015.96₹9,658.67₹8,287.75
Net Current Asset₹107.21₹2,161.84-₹4,967.36-₹2,847.34
Non-Current Liabilities₹114,177.89₹110,719.99₹87,343.05₹70,839.89
Equity Capital₹24,758.70₹19,812.23₹18,157.49₹17,088.91
Total Equity & Liabilities₹147,905.27₹135,548.18₹115,159.21₹96,216.55
* All values are in INR Crore
Qty
Bid
0
0
0
0
0
0
0
0
0
0
Ask
Qty
304.9
202
0
0
0
0
0
0
0
0
Bid Total: 0
Ask Total: 202
Buy orders: 0%
Sell orders: 100%
Bearish
3
Neutral
3
Bullish
2
Slightly Bearish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict
RSI (14)
29.64
Bearish
ATR (14)
10.44
Neutral
STOCH(9,6)
10
Bullish
STOCH RSI (14)
31.35
Neutral
ADX(9)
32.67
Bearish
UO(9)
42.22
Neutral
ROC(12)
-6.14
Bearish
WillR(14)
-92.43
Bullish
Period
Simple value
Exponential vaue
5D
315.56
312.96
10D
317.96
317.8
20D
326.95
326.86
50D
356.86
341.59
100D
342.06
344.51
Volume trend — traded volume by day
19 Oct23L
16 Oct14L
15 Oct10L
14 Oct10L
13 Oct18L
Average15L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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M&M Financial Services Share Price FAQs

Disclaimer: The information on this page, including prices, charts, financials, ratios, and other data, is provided for informational and educational purposes only. It is not investment advice, a research report, or a recommendation or solicitation to buy, sell, or hold any security. Data is sourced from third parties and exchanges, may be delayed, and is not guaranteed to be accurate, complete, or timely. Upstox is not liable for any loss arising from its use.