Mahindra & Mahindra Financial Services Limited - Updates for Q3 FY26

Mahindra & Mahindra Financial Services Limited has announced the following updates for Q3 FY26:

In Q3 FY26, we estimate the overall disbursement at approximately Rs. 17,600 crore, YoY growth of 7% over previous year and for 9M FY26 disbursement at approximately Rs. 43,900 crore, a growth of 4% YoY (excluding finance lease).

Business Assets at approximately Rs. 1,29,000 crore grew by ~12% over December 2024.

The Collection Efficiency ("CE") is estimated at 95% for Q3 FY26 (In Q3 FY25, CE was 95%).

As at December 31, 2025, Stage-3 is estimated in the range of 3.9% to 4.0% (vs. 3.9% as at September 30, 2025, and 3.9% as at December 31, 2024) and Stage-2 is estimated in the range of 5.4 % to 5.5% (vs. 5.8% as at September 30, 2025, and 6.3% as at December 31, 2024).

The Company continued to enjoy a comfortable liquidity position on its Balance Sheet, with a liquidity chest of over Rs. 8,850 crore.

Shares of Mahindra & Mahindra Financial Services Limited was last trading in BSE at Rs. 402.75 as compared to the previous close of Rs. 403.95. The total number of shares traded during the day was 145398 in over 3111 trades.

The stock hit an intraday high of Rs. 410.00 and intraday low of 400.00. The net turnover during the day was Rs. 59019049.00.

Source : Equity Bulls

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MahindraandMahindraFinancialServices INE774D01024 NBFC BusinessUpdate Q3FY26