Mahindra & Mahindra Financial Services Limited has informed the Exchange about Investor Presentation
M&MFIN · price
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Awaiting price reaction for this filing.
Mahindra & Mahindra Financial Services filed its Q1FY26 earnings presentation. Standalone profit after tax rose 3% YoY to Rs 530 crores, while total income grew 18% YoY to Rs 4,438 crores on the back of a 15% YoY jump in business assets (AUM) to Rs 1,22,008 crores. Disbursements were largely flat at Rs 12,808 crores (+1% YoY), with tractors up 21% but SME (-19%) and CV/CE (-12%) dragging. Asset quality showed mild stress, with gross Stage-3 at 3.85% versus 3.56% a year ago and credit costs rising to 1.9% from 1.5%. Return on assets slipped to 1.6% from 1.8% and RoNW dropped to 9.8% from 11.1%. The company recently raised Rs 3,000 crores via a Rights Issue, lifting augmented Tier-1 capital to 17.9% and capital adequacy to 20.6%. Key strategic priorities flagged include turning around the rural housing subsidiary MRHFL, growing SME/leasing/fee income, and improving RoA/RoE.
The earnings show healthy income and AUM growth alongside rising credit costs and weaker returns, which could keep the stock range-bound in the near term. The strengthened capital base post Rights Issue provides room to absorb asset quality stress and fund the stated growth push in SME, leasing, and fee income streams.