Mahindra & Mahindra Financial Services Limited (NSE:M&MFIN)
India · Delayed Price · Currency is INR 276.90
-10.70 (-3.72%)
At close: Oct 23, 2026
NSE:M&MFIN Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Interest and Dividend Income | 195,216 | 184,281 | 165,664 | 144,123 | 120,295 | 108,581 |
Total Interest Expense | 93,169 | 88,995 | 85,070 | 69,317 | 50,862 | 43,736 |
Net Interest Income | 102,047 | 95,286 | 80,595 | 74,807 | 69,433 | 64,845 |
Commissions and Fees | 10,916 | 9,095 | 5,279 | 1,843 | 1,806 | 1,099 |
Gain (Loss) on Sale of Investments | 288 | 288 | 100.2 | 51.5 | 349.1 | 795.1 |
Other Revenue | 20,685 | 17,201 | 14,219 | 13,616 | 5,841 | 3,514 |
Revenue Before Loan Losses | 133,937 | 121,870 | 100,192 | 90,317 | 77,429 | 70,253 |
Provision for Loan Losses | 21,359 | 24,032 | 20,854 | 19,567 | 11,832 | 26,892 |
| 112,578 | 97,838 | 79,338 | 70,750 | 65,597 | 43,362 | |
Revenue Growth | 31.87% | 23.32% | 12.14% | 7.86% | 51.28% | 39.74% |
Salaries & Employee Benefits | 26,122 | 25,096 | 23,549 | 22,614 | 21,153 | 16,131 |
Cost of Services Provided | 16,151 | 13,709 | 11,025 | 9,413 | 3,490 | 1,973 |
Other Operating Expenses | 16,522 | 15,486 | 11,978 | 10,732 | 10,569 | 8,903 |
Total Operating Expenses | 62,943 | 58,152 | 49,765 | 45,508 | 37,471 | 28,405 |
Operating Income | 49,635 | 39,687 | 29,574 | 25,241 | 28,126 | 14,956 |
Earnings From Equity Investments | 780.7 | 696.4 | 652.3 | 561.1 | 433.2 | 450.2 |
EBT Excluding Unusual Items | 50,416 | 40,383 | 30,226 | 25,802 | 28,559 | 15,407 |
Gain (Loss) on Sale of Investments | -796.7 | -796.7 | - | 9.8 | 6.4 | -12.1 |
Other Unusual Items | -1,330 | -1,330 | - | - | -560.6 | 205.7 |
Pretax Income | 48,292 | 38,259 | 30,269 | 25,882 | 28,038 | 15,494 |
Income Tax Expense | 12,249 | 9,648 | 7,660 | 6,451 | 7,326 | 3,991 |
Earnings From Continuing Ops. | 36,043 | 28,611 | 22,609 | 19,431 | 20,712 | 11,503 |
Minority Interest in Earnings | -66.5 | -65.8 | 10 | -103.6 | 12 | -134.7 |
Net Income | 35,976 | 28,545 | 22,619 | 19,327 | 20,724 | 11,369 |
Net Income to Common | 35,976 | 28,545 | 22,619 | 19,327 | 20,724 | 11,369 |
Net Income Growth | 45.82% | 26.20% | 17.03% | -6.74% | 82.29% | 47.03% |
Shares Outstanding (Basic) | 1,389 | 1,367 | 1,272 | 1,234 | 1,233 | 1,232 |
Shares Outstanding (Diluted) | 1,391 | 1,368 | 1,273 | 1,235 | 1,234 | 1,234 |
Shares Change | 10.00% | 7.52% | 3.07% | 0.02% | 0.05% | 11.32% |
EPS (Basic) | 25.89 | 20.88 | 17.78 | 15.66 | 16.81 | 9.23 |
EPS (Diluted) | 25.86 | 20.86 | 17.77 | 15.65 | 16.79 | 9.21 |
EPS Growth | 32.57% | 17.39% | 13.55% | -6.79% | 82.30% | 31.95% |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Free Cash Flow | -186,104 | -131,885 | -160,438 | -187,719 | -178,086 | -2,826 |
Free Cash Flow Per Share | -133.81 | -96.39 | -126.08 | -152.05 | -144.27 | -2.29 |
Dividend Per Share | - | 7.500 | 6.500 | 6.300 | 6.000 | 3.600 |
Dividend Growth | - | 15.38% | 3.17% | 5.00% | 66.67% | 350.00% |
Operating Margin | 44.09% | 40.56% | 37.28% | 35.68% | 42.88% | 34.49% |
Profit Margin | 31.96% | 29.18% | 28.51% | 27.32% | 31.59% | 26.22% |
Free Cash Flow Margin | -165.31% | -134.80% | -202.22% | -265.33% | -271.49% | -6.52% |
Effective Tax Rate | 25.36% | 25.22% | 25.31% | 24.93% | 26.13% | 25.76% |
Revenue as Reported | 227,108 | 210,867 | 185,305 | 159,703 | 128,324 | 114,005 |