Mahindra And Mahindra Financial Services Limited

Rural and semi-urban focused NBFC providing financing for vehicles and equipment.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Mahindra And Mahindra Financial Services Profile

Key Indicators

  • Authorised Capital ₹ 550.00 Cr
  • Paid Up Capital ₹ 247.11 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 142,237.88 Cr
  • Satisfied Charges ₹ 74,160.77 Cr
  • Revenue Growth 13.76%
  • Profit Growth 100.69%
  • Ebitda 38.09%
  • Net Worth 9.35%
  • Total Assets 27.80%

About Mahindra And Mahindra Financial Services

Mahindra And Mahindra Financial Services Limited (MAMFSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 January 1991 and has a history of 34 years and one month. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532720 and on the National Stock Exchange(NSE) under M&MFIN.

The Corporate was formerly known as Mahindra Finance. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 550.00 Cr and a paid-up capital of Rs 247.11 Cr.

The company currently has active open charges totaling ₹142,237.88 Cr. The company has closed loans amounting to ₹74,160.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahindra And Mahindra Financial Services Limited India are Brijbala Batwal as COMPANY SECRETARY and Raul Rebello as Ceo. Chandrashekhar Bhave, Milind Sarwate, Diwakar Gupta, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L65921MH1991PLC059642

  • Company No.

    059642

  • Stock Symbol

    BSE : 532720 NSE : M&MFIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1991

  • Date of AGM

    23 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does Mahindra And Mahindra Financial Services Limited offer?

Mahindra And Mahindra Financial Services Limited offers a wide range of products and services, including Cars, Motor Cars, Tractor, Mahindra Tractor, Mahindra Cars, Diesel Engine Generator Set, Diesel Generator, Generator and Accessories, Genset, Corporate Finance & Leasing Advisors.

Who are the key members and board of directors at Mahindra And Mahindra Financial Services?

Executive Team (2)

NameDesignationAppointment DateStatus
Brijbala Batwal Country flag representing In Company Secretary01-Feb-2022Current
Raul Rebello Country flag representing In Managing Director01-May-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Vijay Sharma Country flag representing In Director 11-Jun-2024Current
Milind Sarwate Country flag representing In Director 01-Apr-2019Current
Diwakar Gupta Country flag representing In Director 01-Jan-2023Current
Chandrashekhar Bhave Country flag representing In Director 03-Feb-2015Current
Anish Shah Country flag representing Us Director 18-Mar-2016Current
Rebecca Nugent Country flag representing Us Director 05-Mar-2021Current

Financial Performance of Mahindra And Mahindra Financial Services.

Mahindra And Mahindra Financial Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.76% increase. The company also saw a substantial improvement in profitability, with a 100.69% increase in profit. The company's net worth moved up by a moderate rise of 9.35%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.76%
Revenue from Operations
13.16%
Total Assets
27.80%
Profit or Loss
100.69%
Net Worth
9.35%
EBITDA
38.09%

What is the Ownership and Shareholding Structure of Mahindra And Mahindra Financial Services?

In 2023, Mahindra And Mahindra Financial Services had a promoter holding of 52.16% and a public holding of 47.85%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹142,237.88 Cr

Satisfied Charges

₹74,160.77 Cr

Charges Breakdown by Lending Institutions

  • Others : 84572.68 Cr
  • Hdfc Bank Limited : 11995.00 Cr
  • Axis Trustee Services Limited : 10500.00 Cr
  • Axis Bank Limited : 10340.20 Cr
  • Sidbi : 8240.00 Cr
  • Others : 16590.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Oct 2024Others₹500.00 CrOpen
26 Sep 2024Bank Of India₹1,000.00 CrOpen
24 Sep 2024Sidbi₹1,400.00 CrOpen
02 Aug 2024Others₹356.00 CrOpen
05 Jul 2024Others₹925.00 CrOpen

How Many Employees Work at Mahindra And Mahindra Financial Services?

Mahindra And Mahindra Financial Services has a workforce of 26473 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahindra And Mahindra Financial Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahindra And Mahindra Financial Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mahindra And Mahindra Financial Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 500.00 Cr with Charge ID 100997364 was registered on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 1,000.00 Cr with Charge ID 100990257 was registered on 26 Sep 2024.

    26 Sep 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1,400.00 Cr with Charge ID 100988304 was registered on 24 Sep 2024.

    24 Sep 2024

  • Charges

    A charge registered on 06 Feb 2020 via Charge ID 100323328 with United Bank Of India was fully satisfied on 16 Sep 2024.

    16 Sep 2024

  • Charges

    A charge with Others of Rs. 1,000.00 Cr registered on 27 Jun 2024 with Charge ID 100945988 was modified on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge registered on 28 Jun 2019 via Charge ID 100274162 with Others was fully satisfied on 20 Aug 2024.

    20 Aug 2024

Frequently asked questions

  • Mahindra And Mahindra Financial Services Limited was incorporated on 01 Jan 1991.

  • The authorized share capital of Mahindra And Mahindra Financial Services Limited is ₹ 550.00 Cr and paid-up capital is ₹ 247.11 Cr.

  • Currently 11 directors are associated with Mahindra And Mahindra Financial Services Limited.

    • Chandrashekhar Bhaskar Bhave
    • Milind Shripad Sarwate
    • Diwakar Gupta
    • Vijay Kumar Sharma
    • Anish Dilip Shah
    • Rebecca Ann Nugent
    • Amarjyoti Barua
    • Ashwani Prem Kumar Ghai
    • Raul Ignatius Rebello
    • Brijbala Batwal
    • Raul Ignatius Rebello
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra And Mahindra Financial Services Limited is Gateway Building Apollo Bunder, . India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Mahindra And Mahindra Financial Services Limited is L65921MH1991PLC059642 and the company number is 059642 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mahindra And Mahindra Financial Services Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): M&MFIN.

  • The Official website of Mahindra And Mahindra Financial Services Limited is https://www.mahindrafinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra And Mahindra Financial Services Limited has risen by 13.76%.

  • As Per 2023 financial reports, 26473 employees are currently employed by Mahindra And Mahindra Financial Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra And Mahindra Financial Services Limited has experienced an upsurge of 9.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahindra And Mahindra Financial Services Limited amount to ₹ 142,237.88 Cr.

  • The most recent Balance Sheet for Mahindra And Mahindra Financial Services Limited was filed with the ROC on 31 Mar 2024.

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