Mahindra & Mahindra Financial Services Limited - Updates for Q2 FY26

Mahindra & Mahindra Financial Services Limited has announced the following updates for Q2 FY26:

In Q2 FY26, we estimate the overall disbursement at approximately Rs. 13,500 crore, YoY growth of 3% over previous year and for H1 FY26 disbursement at approximately Rs. 26,300 crore, a growth of 2% YoY (excluding finance lease).

Business Assets at approximately Rs. 1,26,800 crore grew by ~13% over September 2024.

The Collection Efficiency ("CE") is estimated at 96% for Q2 FY26 (In Q2 FY25, CE was 96%).

As at September 30, 2025, Stage-3 is estimated in the range of 3.9% to 4.0% (vs. 3.8% as at June 30, 2025 and 3.8% as at September 30, 2024) and Stage-2 is estimated in the range of 5.75% to 5.85% (vs. 5.9% as at June 30, 2025 and 6.4% as at September 30, 2024).

The Company continued to enjoy a comfortable liquidity position on its Balance Sheet, with a liquidity chest of over Rs. 8,500 crore.

Shares of Mahindra & Mahindra Financial Services Limited was last trading in BSE at Rs. 275.60 as compared to the previous close of Rs. 273.35. The total number of shares traded during the day was 83695 in over 2260 trades.

The stock hit an intraday high of Rs. 276.90 and intraday low of 269.60. The net turnover during the day was Rs. 22886347.00.

Source : Equity Bulls

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MahindraandMahindraFinancialServices INE774D01024 NBFC BusinessUpdate Q2FY26