Mahindra & Mahindra Financial Services Limited has informed the Exchange that Board of Directors at its meeting held on April 24, 2026, recommended Final Dividend of Rs. 7.50 per equity share.
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Mahindra & Mahindra Financial Services Limited's Board recommended a final dividend of Rs. 7.50 per equity share (375% on face value of Rs. 2) for FY2026, subject to shareholder approval at the AGM on July 21, 2026. The record date is July 13, 2026. The company reported standalone total income of Rs. 18,500.28 crore for FY2026, up 15% from Rs. 16,074.69 crore in FY2025. Profit after tax grew 19% to Rs. 2,782.23 crore from Rs. 2,345.04 crore. EPS stands at Rs. 20.35 (Basic) and Rs. 20.33 (Diluted). The company also completed a rights issue earlier in the fiscal year, raising Rs. 2,996.16 crore by issuing shares at Rs. 194 each.
The dividend increase (from Rs. 3.40 per share in FY2025) signals strong financial performance and cash generation. The 19% growth in PAT demonstrates improving profitability. Shareholders can expect the dividend payout after July 21, 2026 if approved at the AGM.