Last close ₹276.90down ₹10.70 (3.72%)BSE ₹277.10
Share price at the NSE close on 23 Oct 2026. Previous close ₹287.60.
52-week range of traded prices to 23 Oct 2026
₹268.25Low, 22 Oct 2026₹415.00High, 10 Aug 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹38,494 Cr203rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 21 Oct 2026
- 10.7
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 21 Oct 2026
- 1.4
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.71%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 21 Oct 2026
- 13.8%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 6.76%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 7.22%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 1.89%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 1.89%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 6.27times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 28,79,07552.4% delivered
Who owns Mahindra & Mahindra Financial Services, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters52.48%
- Foreign institutions9.96%
- Indian institutions31.56%
- Individuals and others5.97%
- Employee trusts0.04%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Foreign institutions
- Indian institutions
- Individuals and others
- Employee trusts
| Per cent | Dec 2016Filed 6 Jan | Mar 2017Filed 10 Apr | Jun 2017Filed 9 Jul | Sep 2017Filed 12 Oct | Dec 2017Filed 8 Feb | Mar 2018Filed 10 Apr | Jun 2018Filed 13 Jul | Sep 2018Filed 10 Oct | Dec 2018Filed 19 Jan | Mar 2019Filed 26 Apr | Jun 2019Filed 17 Jul | Sep 2019Filed 17 Oct | Dec 2019Filed 11 Jan | Mar 2020Filed 17 Apr | Jun 2020Filed 20 Jul | Sep 2020Filed 15 Oct | Dec 2020Filed 30 Jan | Mar 2021Filed 17 Apr | Jun 2021Filed 19 Jul | Sep 2021Filed 13 Oct | Dec 2021Filed 17 Jan | Mar 2022Filed 13 Apr | Jun 2022Filed 13 Jul | Sep 2022Filed 19 Oct | Dec 2022Filed 17 Jan | Mar 2023Filed 20 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 19 Oct | Dec 2023Filed 16 Jan | Mar 2024Filed 19 Apr | Jun 2024Filed 17 Jul | Sep 2024Filed 17 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 17 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 17 Oct | Dec 2025Filed 16 Jan | Mar 2026Filed 20 Apr | Jun 2026Filed 15 Jul | Sep 2026Filed 17 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51.88% | 51.85% | 51.85% | 51.20% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.49% | 52.49% | 52.49% | 52.49% | 52.49% | 52.48% | |
| Indian promoters | 51.88% | 51.85% | 51.85% | 51.20% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 51.19% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.16% | 52.49% | 52.49% | 52.49% | 52.49% | 52.49% | 52.48% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. | 48.12% | 48.15% | 48.15% | 48.16% | 48.26% | 48.28% | 48.29% | 48.30% | 48.33% | 48.35% | 48.35% | 48.36% | 48.41% | 48.42% | 48.47% | 47.51% | 47.54% | 47.56% | 47.56% | 47.57% | 47.61% | 47.64% | 47.64% | 47.64% | 47.67% | 47.69% | 47.70% | 47.71% | 47.74% | 47.75% | 47.75% | 47.77% | 47.79% | 47.79% | 47.47% | 47.47% | 47.48% | 47.48% | 47.48% | 47.48% |
| Employee trusts | – | – | – | 0.64% | 0.55% | 0.53% | 0.52% | 0.52% | 0.48% | 0.47% | 0.46% | 0.46% | 0.40% | 0.39% | 0.34% | 0.33% | 0.30% | 0.29% | 0.28% | 0.27% | 0.24% | 0.21% | 0.21% | 0.20% | 0.18% | 0.16% | 0.15% | 0.14% | 0.10% | 0.09% | 0.09% | 0.07% | 0.06% | 0.05% | 0.05% | 0.04% | 0.04% | 0.03% | 0.03% | 0.04% |
| Shares in issue | 56,87,64,960 | 56,87,64,960 | 56,87,64,960 | 56,87,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 61,77,64,960 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,23,55,29,920 | 1,38,99,71,160 | 1,38,99,71,160 | 1,38,99,71,160 | 1,38,99,71,160 | 1,38,99,71,160 | 1,39,01,91,160 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. | – | – | – | – | 31,62,07,660 | 31,62,07,660 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
| Promoters' shares locked in | – | – | – | – | 31,62,07,660 | 31,62,07,660 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | 2,50,00,000 | – | – | – | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Mahindra & Mahindra Financial Services promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is MAHINDRA & MAHINDRA LIMITED, 52.48%. The filing names 157 more members with no shares.Promoter buying and selling
| Holder | ||
|---|---|---|
| MAHINDRA & MAHINDRA LIMITEDIndian companies, trusts and others | 52.48% | 72,95,82,599 |
No promoter shares are reported as pledged.
Largest public holders of Mahindra & Mahindra Financial Services, filing by filing
Per cent, on the same shares as the split above.Mutual funds holding Mahindra & Mahindra Financial Services
| Holder | Dec 2016Filed 6 Jan | Mar 2017Filed 10 Apr | Jun 2017Filed 9 Jul | Sep 2017Filed 12 Oct | Dec 2017Filed 8 Feb | Mar 2018Filed 10 Apr | Jun 2018Filed 13 Jul | Sep 2018Filed 10 Oct | Dec 2018Filed 19 Jan | Mar 2019Filed 26 Apr | Jun 2019Filed 17 Jul | Sep 2019Filed 17 Oct | Dec 2019Filed 11 Jan | Mar 2020Filed 17 Apr | Jun 2020Filed 20 Jul | Sep 2020Filed 15 Oct | Dec 2020Filed 30 Jan | Mar 2021Filed 17 Apr | Jun 2021Filed 19 Jul | Sep 2021Filed 13 Oct | Dec 2021Filed 17 Jan | Mar 2022Filed 13 Apr | Jun 2022Filed 13 Jul | Sep 2022Filed 19 Oct | Dec 2022Filed 17 Jan | Mar 2023Filed 20 Apr | Jun 2023Filed 19 Jul | Sep 2023Filed 19 Oct | Dec 2023Filed 16 Jan | Mar 2024Filed 19 Apr | Jun 2024Filed 17 Jul | Sep 2024Filed 17 Oct | Dec 2024Filed 20 Jan | Mar 2025Filed 17 Apr | Jun 2025Filed 21 Jul | Sep 2025Filed 17 Oct | Dec 2025Filed 16 Jan | Mar 2026Filed 20 Apr | Jun 2026Filed 15 Jul | Sep 2026Filed 17 Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Life Insurance Corporation of India, LIC-P&GS Fund, LICI FundsOther financial institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 9.89% | – | – | – | – | 10.24% | 10.53% | 10.33% | 10.26% | 10.26% | 9.09% |
| HDFC Life Insurance Company LimitedInsurance companies | – | – | – | – | – | – | – | – | – | 2.42% | 2.56% | 2.63% | 2.63% | 2.94% | 2.21% | 2.13% | 2.18% | 1.97% | 2.13% | 2.48% | 2.53% | 2.53% | 2.45% | 2.58% | 2.61% | – | – | – | – | – | – | – | – | 2.53% | 2.59% | 2.56% | 2.61% | 2.51% | 2.24% | 2.23% |
| SBI Life Insurance Company LimitedInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.07% | 1.59% | 1.55% | 1.41% | 1.26% |
| Ashish DhawanResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.18% | 1.05% | 1.05% | 1.05% | 1.05% | 1.05% | – |
| Life Insurance Corporation of India, nLIC-P & GS Fund, LICI FundsOther financial institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 10.04% | 10.24% | 10.24% | 10.24% | – | – | – | – | – | – |
| Government Pension Fund GlobalForeign portfolio investors, category I | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.16% | – | 1.90% | 1.90% | 1.95% | 1.55% | – | – | – | – | – | – | – | 1.43% | 1.48% | – | – | – | – | 1.03% | 1.03% | – | – | – | – | – | – |
| HDFC LIFE INSURANCE COMPANY LIMITED, nHDFC Life Insurance Co. Ltd - shareholder solvency margin a/cInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.38% | 2.43% | 2.43% | – | – | – | – | – | – | – |
| HDFC LIFE INSURANCE COMPANY LIMITED, HDFC Life Insurance Co. Ltd - shareholder solvency margin a/cInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.46% | 2.40% | 2.46% | 2.43% | – | – | – | – | – | – | – | – | – | – |
| KOTAK FUNDS - INDIA MIDCAP FUNDForeign portfolio investors, category I | – | – | – | – | – | – | 1.16% | 1.32% | 1.32% | 1.41% | 1.40% | 1.43% | 1.47% | 1.42% | 1.05% | 1.03% | 1.03% | 1.02% | – | – | – | – | – | – | – | – | 1.30% | 1.83% | 1.79% | 1.53% | – | – | – | – | – | – | – | – | – | – |
| Life Insurance Corporation of India, LIC-P & GS FundOther financial institutions | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 5.70% | 6.16% | – | – | 7.33% | 7.33% | 6.38% | 7.18% | – | – | – | – | – | – | – | – | – | – | – |
| HDFC LIFE INSURANCE COMPANY LIMITED, HDFC Life Insurance Co. Ltd - shareholder margin solvency a/cInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.64% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TATA AIA LIFE INSURANCE CO LTD-Multiple accountsInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.13% | 1.09% | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Life Insurance Corporation of IndiaOther financial institutions | 1.06% | 1.06% | 1.06% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 5.70% | – | – | – | 6.31% | 7.16% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| WISHBONE FUND, LTD.Foreign portfolio investors, category II | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.46% | 1.86% | 1.91% | 1.91% | 1.91% | 2.67% | 2.67% | 2.74% | 2.74% | 2.74% | 2.27% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| TATA AIA LIFE INSURANCE CO LTD-WHOLE LIFE MID CAPInsurance companies | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.10% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| VALIANT MAURITIUS PARTNERS OFFSHORE LIMITEDInstitutions Foreign Portfolio Investor | – | 1.19% | 1.26% | 1.04% | – | – | – | 1.06% | – | 1.01% | 1.01% | 1.01% | 1.01% | 1.32% | 1.93% | 1.93% | 1.54% | 1.46% | 1.46% | 1.36% | 1.22% | 1.15% | 1.04% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Life Insurance Corporation of India and Life Insurance Corporation of India - P & GS FUNDFinancial Institution Or Banks | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 5.70% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| LIC OF INDIA ALONG WITH ITS SUB ACCOUNTSFinancial Institution Or Banks | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.40% | 3.15% | 4.73% | 5.72% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BUENA VISTA ASIAN OPPORTUNITIES MASTER FUND LTDInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.39% | 1.42% | 1.32% | 1.24% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| LIC of IndiaFinancial Institution Or Banks | – | – | – | – | – | – | – | – | – | – | 2.89% | 2.89% | 2.89% | – | 2.89% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| LIFE INSURANCE CORPORATION OF INDIA alongwith its sub accountsFinancial Institution Or Banks | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.89% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BlackRock Global Funds Asian Dragon FundInstitutions Foreign Portfolio Investor | – | – | 1.18% | 1.26% | 1.83% | 2.00% | 1.84% | 1.62% | 1.54% | 1.43% | 1.17% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| BlackRock Global Funds - Asian Growth Leaders FundInstitutions Foreign Portfolio Investor | – | – | – | 1.13% | 1.27% | 1.47% | 1.54% | 1.56% | 1.47% | 1.51% | 1.07% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| HDFC Standard Life Insurance Company LimitedOther non-institutions | – | – | – | – | 1.17% | – | – | – | 2.29% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Schroder International Selection Fund Emerging AsiaInstitutions Foreign Portfolio Investor | – | – | – | – | – | – | – | – | 1.11% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| HDFC Standard Life Insurance Company Limited along with its sub-accountsOther non-institutions | – | – | – | – | – | 1.48% | 1.68% | 2.11% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Franklin Templeton Investment FundsInstitutions Foreign Portfolio Investor | 3.03% | 3.03% | 2.39% | 1.43% | 1.02% | 1.00% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| MERRILL LYNCH MARKETS SINGAPORE PTE.LTD.Institutions Foreign Portfolio Investor | – | – | 1.03% | 1.17% | 1.17% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ABU DHABI INVESTMENT AUTHORITY - BGO-EMInstitutions Foreign Portfolio Investor | – | – | – | – | 1.13% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| ARANDA INVESTMENTS (MAURITIUS) PTE LTDInstitutions Foreign Portfolio Investor | 2.49% | 2.49% | 2.49% | 2.37% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| AMANSA HOLDINGS PRIVATE LIMITEDInstitutions Foreign Portfolio Investor | 1.12% | 1.09% | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.