Mahindra & Mahindra Financial Services Ltd

📈 Mahindra Finance FY26: PAT Up 19%, Disbursements Hit ₹61,118 Cr

• Standalone PAT increased 19% to ₹2,782 crore for FY26

• Disbursements reached ₹61,118 crore for FY26, up 6% year-on-year

• Assets Under Management (AUM) grew 12% year-on-year to ₹1,34,096 crore

• Net Interest Margin (NIM) expanded to 7.1% for FY26 from 6.5% in FY25

• Q4 FY26 NIM at 7.5%, up 101 basis points year-on-year

• Gross Stage 3 (GS3) assets improved to 3.4% in Q4 FY26

• Capital Adequacy Ratio stood at 18.8% with Tier I capital at 16.7%

• ₹31,500 crore disbursed through the Udaan digital stack

• 40% of applications approved via Straight Through Processing (STP)

• Subsidiary MRHFL saw AUM growth of 21% to ₹8,320 crore

• Subsidiary MIBL reported a 28% increase in PAT to ₹114 crore

• Tractor disbursements up 63% year-on-year in Q4 FY26 and 49% for FY26