About Mahindra And Mahindra Financial Services Limited bond.

This comprehensive profile covers key factual information about Mahindra And Mahindra Financial Services Limited. Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country. Mahindra Finance started on 1 January 1991, as Maxi Motors Financial Services Limited. They received the certificate of commencement of business on 19 February 1991. On 3 November 1992, Mahindra Finance changed their name to Mahindra & Mahindra Financial Services Limited. Mahindra Finance is registered with the Reserve Bank of India as an asset finance, deposit taking NBFC. In 1993 it commenced financing M&M utility vehicles and in 1995 started its first branch outside Mumbai, in Jaipur. The company began financing non-M&M vehicles in 2002 and got into the business of financing commercial vehicles and construction equipment in 2009. In 2011 they had a joint venture with Rabobank subsidiary for tractor financing in the US and consolidated the product portfolio by introducing small and medium enterprises (SME) financing. EPS in Mar-2024 was 15.66. Current ratio in Mar-2024 was 0.56. Debt/Equity in Mar-2024 was 5.19. Debt/EBITDA in Mar-2024 was 36.23. Interest coverage ratio in Mar-2024 was . Op Cashflow to total debt in Mar-2024 was -0.18. Total revenue for Mar-2025 was ₹16,098.47. Net income for Mar-2025 stood at ₹1,935.12. Total assets as of Mar-2024 were ₹123,715.79. Total liabilities as of Mar-2024 were ₹103740.93. Operating cash flow for Mar-2024 was ₹-18,448.55. The company’s borrowing relationships include Central Bank Of India (₹N/A Cr), Citibank N. A. (₹N/A Cr), Corporation Bank (₹N/A Cr), Indian Bank (₹N/A Cr), IndusInd Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), Punjab National Bank (₹N/A Cr), Standard Chartered Bank Limited (₹N/A Cr), Vijaya Bank (₹N/A Cr), The Federal Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), Bank of Baroda (₹N/A Cr), Bank of Maharashtra (₹N/A Cr), Canara Bank (₹N/A Cr), State Bank of India (₹N/A Cr), YES Bank Limited (₹N/A Cr), DBS Bank Limited (₹N/A Cr), Dena Bank (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), Not Applicable (₹N/A Cr), Societe Generale Bank (₹N/A Cr), IndusInd Bank Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), The Hongkong and Shanghai Banking Corporation Limited (₹N/A Cr), YES Bank Limited (₹N/A Cr), Axis Bank Limited (₹N/A Cr), MUFG Bank Limited (₹N/A Cr), Bank of America N.A. (₹N/A Cr). Peers and comparison entities consist of Mahindra and Mahindra Financial Services Limited, Bajaj Finance Limited, Jio Financial Services Limited, Shriram Finance Limited. As of Sep 2024, promoters hold 52.16% while others hold N/A% of equity. Key strengths include: Strong parentage, shared brand and experienced Board of Directors and management team; Strategically important subsidiary for the parent; Long track record of operations and diversified OEM base; Comfortable capitalization along with diversified funding profile; Diversified portfolio mix; Moderate profitability parameters; Liquidity: Strong. Key risks include: Deterioration in asset quality parameters at the consolidated level, with gross non-performing asset (GNPA) exceeding 12% on a sustained basis.; Increase in net NPA (NNPA) to tangible net worth (TNW) on a sustained basis.; Moderation in the credit profile of the parent company.; Significant reduction in the support/stake by M&M.. Leadership team details include Amarjyoti Barua (Non Executive Director), Anish Shah (Chairman), Ashwani Ghai (Non Executive Director), Brijbala Batwal (Company Secretary & Compliance Officer), C B Bhave (Independent Director), Dhananjay Mungale (Independent Director), Diwakar Gupta (Independent Director), Milind Sarwate (Independent Director), Rama Bijapurkar (Independent Director), Raul Rebello (Managing Director & CEO), Rebecca Nugent (Independent Director), Vijay Kumar Sharma (Independent Director), Vivek Karve (Chief Financial Officer). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.