This year’s progress across growth, margins and risk was driven by disciplined execution and resulted in a tangible step-up in profitability.
FinTech BizNews Service
Mumbai, April 24, 2026: The Board of Directors of Mahindra & Mahindra Financial Services Limited (Mahindra Finance), a leading provider of financial services for Bharat at its meeting held today, announced the audited financial results for the quarter and year ended March 31, 2026. The Board has proposed a final dividend of Rs.7.50 per fully paid equity share (375% of face value of Rs 2/- each) Vs Rs 6.50 per share in the last fiscal year.
Speaking on the results, Raul Rebello, MD & CEO, Mahindra Finance said:
This year’s progress across growth, margins and risk was driven by disciplined execution and resulted in a tangible step-up in profitability. Continued investments in our core vehicle franchise, new growth categories, and technology will support sustainable growth and profitability”.
Quarterly Performance:
Mahindra Finance PAT up 55% YoY for the quarter, post Q4 management overlay. The Company’s AUM grew by 12% YoY and disbursements grew by 11% YoY. NIM expanded by 101 bps YoY at 7.5%, credit cost stood at 1.5% for Q4F26
Yearly Performance:
For the full year PAT is up by 19% YoY, post labour code and management overlays. Annual disbursements grew 6% YoY. NIMs expanded during the year supported by higher Fee Income and lower Cost of Funds. Asset quality continued to be within guided range, with GS3 at 3.4% and GS2+GS3 at 8.2%, underpinned by enhanced sourcing standards & collection efficiency. The credit cost at 1.7% (including overlays), underscores prudent risk management practices.
Capital Adequacy healthy at 18.8%, Tier-1 Capital at 16.7%. Prudent Provision Coverage on GS3 at 59% through creation of management overlay. Total liquidity buffer comfortable over Rs9,100 crores.
