Company Mahindra & Mahindra Financial Services Limited

Equities

M&MFIN

INE774D01024

Consumer Lending

Delayed NSE India S.E. 01:56:00 2024-04-16 am EDT 5-day change 1st Jan Change
293.2 INR +0.84% Intraday chart for Mahindra & Mahindra Financial Services Limited -2.12% +5.96%

Business Summary

Mahindra and Mahindra Financial Services Limited is an India-based non-banking finance company. The Company is offering products and services to a customer base in India's semi-urban and rural areas. The Company's segments include financing activities and other reconciling items. The financing activities segment includes financing and leasing of automobiles, tractors, commercial vehicles, small and medium enterprises (SMEs) and housing finance. The Company's SME loans include project finance, equipment finance and working capital finance. The Company provides housing loans for purchase, construction, extension and renovation. The other reconciling items segment includes insurance broking, asset management services and trusteeship services. It also provides on-site financing at dealerships. Its international offerings include wholesale inventory financing to dealers and retail financing to customers in the United States for the purchase of Mahindra Group products.

Number of employees: 26,329

Sales per Business

INR in Million2022Weight2023Weight Delta
Financing Activities
97.0 %
111,344 97.7 % 124,519 97.0 % +11.83%
Other Reconciling Items
3.3 %
3,499 3.1 % 4,266 3.3 % +21.91%
Inter Segment Revenue
-0.4 %
-838 -0.7 % -460 -0.4 % -45.05%

Sales per region

INR in Million2022Weight2023Weight Delta
India
100.0 %
114,005 100.0 % 128,324 100.0 % +12.56%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 01-04-29
Director of Finance/CFO - 20-09-13
Chief Tech/Sci/R&D Officer - 20-09-30
Compliance Officer 48 22-01-31
Director/Board Member 46 21-08-31
Corporate Officer/Principal - 17-12-31
Corporate Officer/Principal - 23-07-23
General Counsel - 11-12-31
Human Resources Officer - 23-06-30
Corporate Officer/Principal - 05-05-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 14-07-23
Director/Board Member 67 14-07-23
Chief Executive Officer 65 01-04-29
Director/Board Member 73 15-02-02
Director/Board Member 69 22-12-31
Corporate Officer/Principal - 20-09-17
Chairman 54 16-03-17
Director/Board Member 47 21-03-04
Director/Board Member 46 21-08-31
Director/Board Member - 23-07-27

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,235,996,255 572,695,780 ( 46.33 %) 1,705,051 ( 0.1379 %) 46.33 %

Shareholders

NameEquities%Valuation
644,399,987 52.16 % 2 154 M ₹
Life Insurance Corporation of India (Investment Portfolio)
7.331 %
90,574,489 7.331 % 303 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
3.584 %
44,276,532 3.584 % 148 M ₹
SBI Funds Management Ltd.
2.226 %
27,499,513 2.226 % 92 M ₹
Kotak Mahindra Asset Management Co. Ltd.
1.824 %
22,542,010 1.824 % 75 M ₹
HDFC Life Insurance Co. Ltd. (Investment Portfolio)
1.821 %
22,500,061 1.821 % 75 M ₹
Norges Bank Investment Management
1.429 %
17,659,131 1.429 % 59 M ₹
Kotak Mahindra Asset Management (Singapore) Pte Ltd.
1.322 %
16,339,222 1.322 % 55 M ₹
14,600,000 1.182 % 49 M ₹
Bandhan Asset Management Co. Ltd.
1.158 %
14,310,531 1.158 % 48 M ₹

Company contact information

Mahindra & Mahindra Financial Services Ltd.

Mahindra Towers Dr. G. M. Bhosale Marg

400018, Mumbai

+91 22 6652 6000

http://www.mahindrafinance.com
address Mahindra & Mahindra Financial Services Limited(M&MFIN)

Group companies

NameCategory and Sector
Insurance Brokers/Services
Finance/Rental/Leasing
Investment Managers
Mahindra Rural Housing Finance Ltd.
Finance/Rental/Leasing
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