Mahindra And Mahindra Financial Services Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1991.

1991 Mumbai, Maharashtra, India Active

Last Updated: January 14, 2026

About Mahindra And Mahindra Financial Services Limited

Mahindra And Mahindra Financial Services Limited, a active public limited company, was established on 01 January 1991 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: L65921MH1991PLC059642. Registered under ROC Roc Mumbai. it is listed on BSE: 532720 and NSE: M&MFIN. It has an authorized capital of ₹550.00 Cr and a paid-up capital of ₹277.99 Cr.

Formerly known as Mahindra Finance, Maxi Motors Financial Services Limited. It upholds a compliant status. In 2024, it reported revenue of ₹13,562.42 Cr and a net worth of ₹18,157.49 Cr. Employing 24,887 professional, Its leadership includes Diwakar Gupta (Director), Amarjyoti Barua (Director), Rebecca Ann Nugent (Director). Past directors included Piyush Gunwantrai Mankad, Parthasarathy Vankipuram Srinivasa, Pawan Kumar Goenka. It holds ₹147,100.06 Cr open charges and ₹105,764.05 Cr settled loans. Its latest AGM occurred on 22 July 2025, with the balance sheet filed on 31 March 2025. It is based at Gateway Building, Apollo Bunder, ., Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
L65921MH1991PLC059642
Registration Number
059642
Incorporation Date
01 January 1991
Authorized Capital
₹550.00 Cr
Paid-Up Capital
₹277.99 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 532720, NSE: M&MFIN)
Company Status
Active

Key Metrics

Authorised Capital ₹ 550.00 Cr as on 14-01-2026
Paid Up Capital ₹ 277.99 Cr as on 14-01-2026
Company Age 35 Year, 1 Month
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 147,100.06 Cr as on 14-01-2026
Satisfied Charges ₹ 105,764.05 Cr as on 14-01-2026
Revenue Growth **** 22.67% (FY 2024)
Profit Growth **** -11.32% (FY 2024)
Ebitda **** 20.76% (FY 2024)
Net Worth 6.25% (FY 2024)
Total Assets **** 19.69% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Mahindra And Mahindra Financial Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

Name	Designation	Appointment Date	Status
Diwakar Gupta	Director	01 Jan 2023	Current
Amarjyoti Barua	Director	28 Jul 2023	Current
Rebecca Ann Nugent	Director	05 Mar 2021	Current
Milind Shripad Sarwate	Director	01 Apr 2019	Current
Ashwani Prem Kumar Ghai	Director	23 Jun 2023	Current
Raul Ignatius Rebello	Ceo	30 Apr 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Mar 2019	Past
Pramod Abcsdd	Director	18 Sep 2020	Past
Pramod Abcsdd	Additional Director	23 Jul 2010	Past
Pramod Abcsdd	Additional Director	23 Jul 2010	Past
Pramod Abcsdd	Director	01 Aug 2008	Past
Pramod Abcsdd	Director	22 Apr 2010	Past

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Financial Performance of Mahindra And Mahindra Financial Services.

Mahindra And Mahindra Financial Services Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 22.67% increase. The company also saw a substantial fall in profitability, with a 11.32% decrease in profit. The company's net worth moved up by a moderate rise of 6.25%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

22.67%

*******

Revenue from Operations

*******

22.65%

*******

Total Assets

*******

19.69%

*******

Profit or Loss

*******

-11.32%

*******

Net Worth

*******

6.25%

*******

EBITDA

*******

20.76%

*******

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

In 2024, 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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,471,000,579,000.00

Satisfied Charges

₹1,057,640,470,000.00

Charges Breakdown by Lending Institutions

Others : 75594.41 Cr
Hdfc Bank Limited : 15660.00 Cr
Axis Bank Limited : 15270.20 Cr
Axis Trustee Services Limited : 10500.00 Cr
Sidbi : 7465.00 Cr
Others : 22610.45 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Dec 2025	Hdfc Bank Limited	₹250.00 Cr	Open
15 Dec 2025	Others	₹1,250.00 Cr	Open
02 Dec 2025	Sbicap Trustee Company Limited	₹106.34 Cr	Open
27 Nov 2025	Sbicap Trustee Company Limited	₹36.95 Cr	Open
24 Oct 2025	Others	₹350.00 Cr	Open

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How Many Employees Work at Mahindra And Mahindra Financial Services?

Mahindra And Mahindra Financial Services has a workforce of 24887 employees as of Jan 14, 2026. 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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

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.

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

Recent Activity within the Organization

Charges

The activity A charge registered on 14 Jul 2022 via Charge ID 100836658 with Others was fully satisfied on 05 Jan 2026. was completed.
05 Jan 2026
Charges

A charge registered on 26 Dec 2017 via Charge ID 100150688 with Others was fully satisfied on 02 Jan 2026. was recorded as a recent event.
02 Jan 2026
Charges

The activity A charge registered on 21 Nov 2022 via Charge ID 100705123 with Others was fully satisfied on 31 Dec 2025. was completed.
31 Dec 2025
Charges

The activity A charge registered on 13 Nov 2018 via Charge ID 100220796 with Others was fully satisfied on 31 Dec 2025. was completed.
31 Dec 2025
Charges

Progress on A charge registered on 18 Aug 2016 via Charge ID 100047429 with Others was fully satisfied on 31 Dec 2025. was documented.
31 Dec 2025
Charges

Progress on A charge registered on 23 Jul 2021 via Charge ID 100464872 with Others was fully satisfied on 30 Dec 2025. was documented.
30 Dec 2025

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