About Mahindra & Mahindra Financial Services Ltd 
Mahindra & Mahindra Financial Services Ltd
Large Cap
Finance/NBFC
Mahindra & Mahindra Financial Services Limited (MMFSL) is one of the leading Non-Banking Finance Companies (NBFCs) with customers primarily in the rural and semi-urban markets of India. It is part of the Mahindra Group, which is one of the largest business conglomerates in India. The Company is primarily engaged in providing financing for new and pre-owned auto and utility vehicles, tractors, cars and commercial vehicles.
Company Coordinates 
Company Details
Gateway Building, Apollo Bunder Mumbai Maharashtra : 400001
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
Capital Structure 
Present Equity Capital
INR 247.12 Cr
Number of Shares
123.56 Cr
Face Value
INR 2.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
29-Jul-2022
123.56
247.12
53337
2
Issued under ESOP Scheme
29-Apr-2022
123.55
247.11
4408
2
Issued under ESOP Scheme
22-Jul-2020
123.55
247.11
617764960
2
Right Issues
28-Aug-2018
61.78
123.55
7695
2
ESOP
07-Dec-2017
61.78
123.55
24000000
2
QIB Equity Shares
04-Dec-2017
59.38
118.75
25000000
2
Allotment of Equity To Others
15-Feb-2013
56.88
113.75
455011968
2
Stock Split
15-Feb-2013
56.88
113.75
455011968
2
Stock Split
16-Nov-2012
11.38
113.75
9750257
10
QIB Equity Shares
16-Nov-2012
11.38
113.75
9750257
10
QIB Equity Shares
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 23 Schemes (17.47%)
FIIs
Held by 195 FIIs (10.48%)
Promoter with highest holding
Mahindra & Mahindra Limited (52.16%)
Highest Public shareholder
Life Insurance Corporation Of India, Lic-p & Gs Fund, Lici Funds (10.24%)
Individual Investors Holdings
5.38%
Management
Designation
Remuneration
Ramesh Iyer
Vice Chairman & M.D.
7.16 cr
Rama Bijapurkar
Independent Director
46.0 lacs
C B Bhave
Independent Director
50.0 lacs
Anish Shah
Chairman (Non-Executive)
0
Milind Sarwate
Independent Director
54.0 lacs
Rebecca Nugent
Independent Director
43.0 lacs
AMIT SINHA
Director
0
Brijbala Batwal
Company Sec. & Compli. Officer
0
Dhananjay Mungale
Independent Director
51.0 lacs
Diwakar Gupta
Independent Director
11.0 lacs
Raul Rebello
Whole Time Director
0
Raul Rebello
Managing Director & CEO
0
Ashwani Ghai
Director
0
Amarjyoti Barua
Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Interest Income
8,614.56
98.76%
Fees and Commission Income
86.92
1.00%
Dividend Income
13.88
0.16%
Interest Income
Interest Income
Fees and Commission Income
Fees and Commission Income
Dividend Income
Dividend Income
Revenue and Profits:
Net Sales:
4,797 Cr
(Quarterly Results - Dec 2024)
Net Profit:
918 Cr
Finance/NBFC
INR 32,490 Cr (Large Cap)
13.00
20
2.45%
5.43
10.86%
1.58