Mahindra & Mahindra Financial Services Limited — PPTs, 21-07-2026: Investor Presentation

Mahindra & Mahindra Financial Services (MMFSL) delivered strong Q1FY27 performance.

1. **Business Performance:** Standalone Profit After Tax (PAT) surged 70% YoY to ₹899 Cr, while consolidated PAT jumped 75% to ₹927 Cr. Asset Under Management (AUM) grew 13% YoY to ₹1,37,449 Cr, with disbursements up 22% YoY to ₹15,564 Cr. Core business disbursals rose 20% YoY, and new growth engines (SME & Personal Loans) expanded 46% YoY. Asset quality remained stable, with Gross Stage 3 (GS3) at 3.5%.

2. **Growth Drivers or Strategy:** The company is focusing on a "Franchise Flywheel" strategy to expand its reach in "Bharat." This includes strengthening leadership in mobility finance, enabling entrepreneur growth (LAP, supply chain finance), and bolstering household financial resilience (mortgages, protection). Digitalization and AI integration are key to scaling customer reach and operational efficiency.

3. **Recent Developments:** MMFSL achieved 100% of its wheels disbursals through its 'Udaan' digital platform this quarter, leading to a 30% lower cost of customer acquisition for digital channels.

4. **Key Financial Metrics:** Standalone Earnings Per Share (EPS) rose to ₹6.47 from ₹4.07. Return on Assets (RoA) improved to 2.4% from 1.6% a year ago, reflecting enhanced profitability.

5. **Management Commentary / Outlook:** The company aims for profitable and disciplined growth, driven by a resilient operating model. Priorities include defending wheels leadership, expanding high-growth segments like mortgages and SME, and leveraging data, digital, and AI for efficiency and sustained risk management.