---
title: "Mahindra & Mahindra Financial Services Ltd (M&MFIN) — Share Price, Financials & Analysis"
symbol: "M&MFIN"
company: "Mahindra & Mahindra Financial Services Ltd"
canonical: "https://tapetide.com/stocks/M&MFIN"
isin: "INE774D01024"
nse_symbol: "M&MFIN"
bse_code: "532720"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 49191.08
generated_at: "2026-09-13T18:47:21.941Z"
---

# Mahindra & Mahindra Financial Services Ltd (M&MFIN)

Canonical page: https://tapetide.com/stocks/M&MFIN

## Company

- **NSE Symbol:** M&MFIN
- **BSE Code:** 532720
- **ISIN:** INE774D01024
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-17
- **CEO:** Mr. Raul Rebello
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** mahindrafinance.com

## About

Mahindra & Mahindra Financial Services Limited (MMFSL), a part of the Mahindra Group,is a NBFC primarily engaged in the business of financing purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment and SME Financing. [1]

## Latest Price

- **Price:** ₹356.15
- **Change:** -3.1 (-0.86%)
- **Open:** ₹355
- **Day High:** ₹357.6
- **Day Low:** ₹351.55
- **Previous Close:** ₹359.25
- **Volume:** 2169574
- **As Of:** 2026-09-11T10:28:21+00:00

## Key Fundamentals

Observed at 2026-09-11T04:54:06.275488Z.

- **Market Cap:** ₹49191.08 Cr
- **Classification:** Midcap
- **P/E (reported):** 15.3
- **P/E (TTM):** 15.22
- **EPS (TTM):** ₹23.4
- **EPS (reported):** ₹16.77
- **Book Value:** ₹191.62
- **Price to Book:** 1.87
- **Dividend Yield:** 2.09%
- **ROE:** 10.72%
- **ROCE:** 8.61%
- **Debt to Equity:** 5.14
- **Revenue (yearly):** ₹21086.7 Cr
- **Net Income:** ₹2861.1 Cr
- **EBITDA:** ₹13208.8 Cr
- **52-Week High:** ₹389.4
- **52-Week Low:** ₹356.5
- **RSI (14):** 39.4

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Flat
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 26.94 | 9% |
| growth | 50 | 9% |
| momentum | 57.11 | 12% |
| ownership | 39.63 | 24% |
| quality | 38.33 | 22% |
| valuation | 68.01 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has been maintaining a healthy dividend payout of 37.4%

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 11.1% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 18.14% | 30.77% | — |
| ebitda margin growth | 3.47% | -0.78% | 2.44% | 17.97% |
| net income growth | -1.38% | 26.55% | 12% | 35% |
| revenue growth | 3.07% | 13.79% | 18% | 11% |
| roce | 3.89% | 3.99% | 2.14% | 8.23% |
| roe | -1.38% | 2.29% | 10.31% | 58.81% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 3833 | 4100 | 4280 | 4316 | 4465 | 4797 | 4886 | 4991 | 5026 | 5450 | 5539 | 5718 |
| Expenses | 1724 | 1456 | 1520 | 1676 | 1830 | 1325 | 2001 | 1964 | 2015 | 1913 | 1987 | 2034 |
| Financing Profit | 406 | 846 | 900 | 679 | 573 | 1297 | 667 | 746 | 814 | 1301 | 1332 | 1312 |
| Financing Margin % | 11 | 21 | 21 | 16 | 13 | 27 | 14 | 15 | 16 | 24 | 24 | 23 |
| Other Income | 44 | 50 | 68 | 58 | 28 | 19 | 27 | 43 | 39 | -100 | 37 | 29 |
| Interest | 1703 | 1798 | 1861 | 1960 | 2062 | 2175 | 2218 | 2280 | 2198 | 2236 | 2220 | 2372 |
| Depreciation | 67 | 69 | 72 | 76 | 79 | 82 | 85 | 86 | 94 | 96 | 110 | 99 |
| Profit before tax | 383 | 826 | 896 | 661 | 523 | 1233 | 609 | 704 | 759 | 1105 | 1259 | 1242 |
| Tax % | 25 | 25 | 25 | 25 | 25 | 26 | 25 | 25 | 25 | 25 | 25 | 25 |
| Net Profit | 287 | 623 | 671 | 497 | 390 | 918 | 456 | 529 | 566 | 826 | 940 | 927 |
| EPS in Rs | 2.02 | 4.48 | 4.82 | 3.58 | 2.8 | 6.6 | 3.29 | 3.8 | 4.06 | 5.93 | 6.75 | 6.66 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 7910 | 10429 | 11995 | 12382 | 11419 | 12828 | 15963 | 18519 | 21041 | 21733 |
| Expenses | 2547 | 3129 | 4903 | 6046 | 5347 | 4696 | 6204 | 6832 | 7878 | 7947 |
| Financing Profit | 1927 | 2868 | 1702 | 1028 | 1654 | 3038 | 2799 | 3271 | 4229 | 4760 |
| Financing Margin % | 24 | 28 | 14 | 8 | 14 | 24 | 18 | 18 | 20 | 22 |
| Other Income | 33 | 49 | 47 | 57 | 47 | -8 | 64 | 77 | -17 | 4 |
| Interest | 3436 | 4432 | 5391 | 5308 | 4417 | 5094 | 6959 | 8415 | 8934 | 9026 |
| Depreciation | 55 | 76 | 147 | 151 | 152 | 226 | 275 | 321 | 386 | 399 |
| Profit before tax | 1905 | 2841 | 1602 | 934 | 1549 | 2804 | 2588 | 3027 | 3826 | 4365 |
| Tax % | 36 | 34 | 32 | 16 | 26 | 26 | 25 | 25 | 25 | — |
| Net Profit | 1216 | 1867 | 1086 | 780 | 1150 | 2071 | 1943 | 2261 | 2861 | 3260 |
| EPS in Rs | 8.53 | 13.15 | 7.73 | 5.56 | 8.18 | 14.91 | 13.9 | 16.27 | 20.54 | 23.4 |
| Dividend Payout % | 21 | 22 | 0 | 13 | 39 | 36 | 40 | 35 | 37 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 113 | 123 | 123 | 123 | 246 | 247 | 247 | 247 | 247 | 278 |
| Reserves | 6847 | 9732 | 11146 | 11846 | 15530 | 16650 | 18313 | 19686 | 21282 | 26361 |
| Borrowing | 40644 | 44986 | 58802 | 65634 | 65101 | 62126 | 81429 | 98319 | 119093 | 128370 |
| Other Liabilities | 5619 | 3889 | 4505 | 4189 | 4724 | 4787 | 5096 | 5463 | 3483 | 3635 |
| Total Liabilities | 53223 | 58730 | 74576 | 81793 | 85601 | 83809 | 105085 | 123716 | 144105 | 158644 |
| Fixed Assets | 133 | 147 | 201 | 455 | 399 | 515 | 871 | 1008 | 1207 | 1328 |
| CWIP | 1 | 0 | 1 | 1 | 12 | 2 | 3 | 105 | 66 | 7 |
| Investments | 1374 | 2378 | 3327 | 5340 | 12126 | 8654 | 10063 | 9598 | 10590 | 7407 |
| Other Assets | 51714 | 56205 | 71046 | 75996 | 73064 | 74637 | 94148 | 113004 | 132242 | 149902 |
| Total Assets | 53223 | 58730 | 74576 | 81793 | 85601 | 83809 | 105085 | 123716 | 144105 | 158644 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -6467 | -8510 | -12078 | -3115 | 5826 | 18 | -17395 | -18449 | -15602 | -12772 |
| Cash from Investing Activity | -97 | 243 | -1213 | -2689 | -8348 | 3112 | -1635 | 2671 | -1077 | 770 |
| Cash from Financing Activity | 6766 | 8174 | 13490 | 6050 | 2548 | -3173 | 18852 | 16095 | 17605 | 10637 |
| Net Cash Flow | 202 | -93 | 199 | 245 | 26 | -43 | -179 | 317 | 927 | -1365 |
| Free Cash Flow | -6529 | -8579 | -12211 | -3231 | 5785 | -276 | -17794 | -18719 | -15975 | -13120 |
| CFO/OP | -146 | -146 | -154 | -36 | 102 | 10 | -207 | -181 | -126 | -91 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 8 | 14 | 17 | 9 | 5 | 7 | 12 | 10 | 11 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.49% | 52.49% | 52.49% | 52.49% | 52.49% |
| FIIs | 14.09% | 12.72% | 11.96% | 10.09% | 10.19% | 10.48% | 10.68% | 9.34% | 9.59% | 9.11% | 9.4% | 9.53% |
| DIIs | 25.84% | 19.68% | 28.61% | 30.67% | 31.57% | 31.16% | 31.31% | 32.33% | 32.29% | 32.35% | 32.09% | 31.49% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 6.24% | 6.77% | 6.03% | 6.02% | 5.22% | 5.38% | 5.12% | 5.05% | 4.92% | 5.18% | 5.27% | 5.63% |
| Others | 1.67% | 8.67% | 1.24% | 1.07% | 0.86% | 0.81% | 0.73% | 0.78% | 0.7% | 0.88% | 0.75% | 0.86% |
| No. of Shareholders | 219510 | 239372 | 227512 | 224273 | 211051 | 224415 | 217620 | 227483 | 222526 | 243019 | 236252 | 241776 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 7 / 4 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 368.18 | Sell |
| EMA (10) | 367.98 | Sell |
| SMA (20) | 375.8 | Sell |
| EMA (20) | 372.67 | Sell |
| SMA (50) | 369.94 | Sell |
| EMA (50) | 365.44 | Sell |
| SMA (100) | 338.25 | Buy |
| EMA (100) | 351.84 | Buy |
| SMA (200) | 345.15 | Buy |
| EMA (200) | 337.87 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.71 | Neutral |
| MACD (12,26,9) | -3.36 | Sell |
| Stochastic (14,3,3) | 10.79 | Buy |
| ADX (14) | 20.37 | Neutral |
| Williams %R (14) | -87.85 | Buy |
| ATR (14) | 11.26 | High Volatility |
| ROC (12) | -7.58 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 43.38 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 22 | 66.67% |
| Hold | 9 | 27.27% |
| Sell | 2 | 6.06% |

Based on 33 analyst ratings, observed at 2026-09-11T04:54:07.832188+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9094c2b0-f09c-4db9-bd8c-7a8b835a4840.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72b57472-5a35-485f-94dd-a28da574c363.pdf) |
| 2026-09-03 | [ESG Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=918d3a9c-442f-4ed6-8f3b-76827f69dd8f.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6db5d0b0-6d2a-49b0-b577-91c84530f0a3.pdf) |
| 2026-08-28 | [ESOP Transfer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fcffc17c-53c4-4232-8223-74a8c04ae22b.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22fc206f-ccdd-417d-955f-ddac71d5eeda.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=762c3c56-ae99-45ce-b718-d4d452e42a75.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0eedc1fc-99f2-4d04-981b-cc4afbdb1913.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f79e087d-6496-4a70-8626-c72927ba4c7d.pdf) |
| 2026-07-29 | [ESG Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7b2af44-2a81-4dc6-8a4c-41dd66fa826e.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-07-27 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55dcbc68-20f3-4956-83fe-7fb1897185a4.pdf) |
| 2026-04-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fba23c5-c629-4d96-86ea-632f44735f97.pdf) |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ace4357-f372-420c-b4b9-266c6e605fda.pdf) |
| 2025-11-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=049424f8-dde3-4d6d-9aaf-52f2fcb844fb.pdf) |
| 2025-07-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f943e44-06d0-464c-b321-221b43727d1c.pdf) |
| 2025-04-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=496fd86a-7eee-4fc7-8373-3cd5b1f95e4b.pdf) |
| 2025-02-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8dc71dd6-4b55-46f0-9867-9ad37001ff07.pdf) |
| 2024-02-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4661bde1-a709-4aa2-98ba-b9345b1bd990.pdf) |
| 2023-11-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b6863bd-8827-4660-beb8-c907c2763330.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-21 | [Outcome Of Board Meeting - Unaudited Standalone And Consolidated Financial Results Of The Company For The First Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edeb7a2b-3284-4e40-8ded-c8f1e6fd1b63.pdf) |
| 2026-04-24 | [Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=101f02af-364f-49d3-9668-f7899f253b73.pdf) |
| 2026-01-28 | [Outcome Of Board Meeting - Unaudited Standalone And Consolidated Financial Results For The Third Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f4c00f4-4e0f-4e61-b851-8298f027b644.pdf) |
| 2025-10-28 | [Outcome Of Board Meeting - Unaudited Standalone And Consolidated Financial Results For The Second Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c02106ea-2f11-4fd6-817f-bbd89630a9b2.pdf) |
| 2025-07-22 | [Financial Results For The First Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=93515620-9586-4eaa-b308-9aada4ae8ca2.pdf) |
| 2025-04-22 | [Re-Submission Of Outcome Of Board Meeting - Corrigendum](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d35c6f2-90e0-4d19-ac75-bdb2e93ecb3d.pdf) |
| 2025-01-28 | [Financial Results For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31557e9b-8fbe-40bb-862c-07debafcfd76.pdf) |
| 2024-10-22 | [Outcome Of Board Meeting_ Financial Results _ 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0bab027-e026-4764-b161-e1465190da92.pdf) |
| 2024-07-23 | [Outcome Of Board Meeting - Financial Results For The First Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61d2ce1d-6982-49f0-b84f-f4065473053c.pdf) |
| 2024-05-04 | [Outcome Of The Meeting Of The Board Of Directors Held On 4Th May 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35cffa44-2bf0-43f8-bf75-0380f9387e5e.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22737925-1a7e-434f-92de-ff9f45f3ab22.pdf) |
| 2026-04-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd0da870-5a0f-4fc6-a542-6faee0ca885a.pdf) |
| 2026-01-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=332d24a0-7bf4-42c4-8e69-3adbcfe7bb7b.pdf) |
| 2025-11-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b09d6d65-f41d-4e2f-8851-a374255b1fe5.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78d2661d-43c9-415c-a0f6-406940aae24b.pdf) |
| 2025-07-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37d68583-e7ba-4a9a-8da3-5c644d985a5a.pdf) |
| 2025-04-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89d36f48-32a5-4455-8200-a8f89a523c38.pdf) |
| 2025-01-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=650c2013-7940-4f02-a2c9-e7e3bb980e6d.pdf) |
| 2024-10-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e0b57f12-6c21-4d7c-a13d-4420fc9ad222.pdf) |
| 2024-10-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2279838-f20a-456b-a608-e4cbf2b7d489.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-07-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42200e02-b114-45c8-a05a-41161cc705fb.pdf) |
| 2026-04-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb2239a2-3a90-4ea6-add4-f74aa2d9dc0c.pdf) |
| 2026-01-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a778d6a-3c26-468f-958e-a94103b9b337.pdf) |
| 2025-10-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=034cddef-6dc1-4968-97b9-5006074ae1fa.pdf) |
| 2025-07-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e49f9748-defb-4f2b-984d-90df41c8e058.pdf) |
| 2025-04-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cde75f1c-2724-41c6-9ca2-888191cd61ee.pdf) |
| 2024-10-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b78eac44-f71d-4a14-8d79-f33291105cea.pdf) |
| 2024-07-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0cc1695b-4835-4a16-97e5-f6f71f0afec0.pdf) |
| 2024-06-29 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f4daa48-bc61-40d8-9adb-d6de2162582d.pdf) |
| 2024-05-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d63aeb80-2d1a-44f5-ae89-301efadc13c2.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/78d2661d-43c9-415c-a0f6-406940aae24b.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1fc4ab43-f7f9-411a-96e5-2eb769bd91c3.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0b57f12-6c21-4d7c-a13d-4420fc9ad222.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2279838-f20a-456b-a608-e4cbf2b7d489.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1fc4ab43-f7f9-411a-96e5-2eb769bd91c3.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/049424f8-dde3-4d6d-9aaf-52f2fcb844fb.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b6863bd-8827-4660-beb8-c907c2763330.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98eebdc4-79e1-4acd-b39c-08949f2ac9dc.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98eebdc4-79e1-4acd-b39c-08949f2ac9dc.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f15c43bf-8a26-4f6b-af8d-3c72767e0007.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Sandeep Mandrekar steps down as SMP on 24 Apr 2026; four officials become SMPs from 25 Apr 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 9h - Sandeep Mandrekar steps down as SMP on 24 Apr 2026; four officials become SMPs from 25 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/eb40bb52-eac1-461d-a605-63e3e7abf04c.pdf) |
| 9h - Board to meet on 24 April 2026 for FY26 results, dividend and borrowing limit increase approval. | [Board Meeting Intimation for Consideration And Approval Of Audited Financial Results For The Financial Year Ended 31St March, 2026, Recommend Dividend On Equity Shares If Any, Increase In Overall Borrowing Limits U/S 180(1)(C) And Other Business Matters. 9h - Board to meet on 24 April 2026 for FY26 results, dividend and borrowing limit increase approval.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2412d3b9-c2b7-4a9b-8301-7ab2bbce6e7a.pdf) |
| 9h - Board approved borrowing limit hike to Rs.1,75,000 crore, LIC-nominated director, and senior management changes; AGM on 21 July 2026. | [Outcome Of Board Meeting 9h - Board approved borrowing limit hike to Rs.1,75,000 crore, LIC-nominated director, and senior management changes; AGM on 21 July 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/678b35e2-3009-44a2-8287-3357cd7af99b.pdf) |
| 9h - Board appointed Krishna Kumar Sukumaran Nair as Additional Director from 23 June 2026, representing LIC. | [Announcement under Regulation 30 (LODR)-Change in Management 9h - Board appointed Krishna Kumar Sukumaran Nair as Additional Director from 23 June 2026, representing LIC.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/12d5e03e-8a2e-49e1-bc0d-b930f60877d9.pdf) |
| 8h - Board approves borrowing limit hike to Rs.1,75,000 crore; AGM on 21 July 2026; appoints LIC nominee director. | [Announcement under Regulation 30 (LODR)-Raising of Funds 8h - Board approves borrowing limit hike to Rs.1,75,000 crore; AGM on 21 July 2026; appoints LIC nominee director.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/68981bdf-3bea-435c-9ac0-5386c19ee3ff.pdf) |
| 7 May - Committee approved up to Rs. 1,000 crore secured NCD issuance at 7.90%, allotment 12 May 2026. | [Announcement under Regulation 30 (LODR)-Issue of Securities 7 May - Committee approved up to Rs. 1,000 crore secured NCD issuance at 7.90%, allotment 12 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/38fb9896-13a8-452e-bb68-4ee703053977.pdf) |
| 5h - Q4 and FY26 earnings conference call audio uploaded on 24 April 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5h - Q4 and FY26 earnings conference call audio uploaded on 24 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bb2239a2-3a90-4ea6-add4-f74aa2d9dc0c.pdf) |
| 31 Mar - Appointment of Baneswar Banerjee as Business Head—Automotive Loans at M&M Financial, effective 9 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 31 Mar - Appointment of Baneswar Banerjee as Business Head—Automotive Loans at M&M Financial, effective 9 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db73f99a-d4ce-4d5e-93d2-9c4a62d01c89.pdf) |
| 30 Apr - Transcript of Earnings Con Call - Q4 & FY2026 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 30 Apr - Transcript of Earnings Con Call - Q4 & FY2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0fba23c5-c629-4d96-86ea-632f44735f97.pdf) |
| 30 Apr - Transcript of Earnings Con Call - Q4 & FY2026 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 30 Apr - Transcript of Earnings Con Call - Q4 & FY2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0fba23c5-c629-4d96-86ea-632f44735f97.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e39313f9-c084-4672-8a6f-5c7651d5fe24.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50d6aa85-5eef-4495-b69a-8cc0d3215824.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbb2676f-5e67-4ec8-a85d-ff41cce18ea1.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:47:21.941Z.
