Mahindra & Mahindra Financial Services Share Price Target 2025, 2026 to 2030

Mahindra & Mahindra Financial Services Limited (MMFSL), commonly known as Mahindra Finance, is a leading non-banking financial company (NBFC) in India and a part of the Mahindra Group. Established in 1991 and headquartered in Mumbai, Maharashtra, the company focuses on providing financial solutions to rural and semi-urban markets. Its offerings include vehicle finance for utility vehicles, tractors, cars, commercial vehicles, and construction equipment, along with SME loans for project finance, equipment finance, and working capital. Mahindra Finance also provides housing loans for rural populations, insurance broking through its subsidiary Mahindra Insurance Brokers Limited, and mutual fund distribution through Mahindra Asset Management Company. With its customer-centric approach and extensive reach, the company plays a pivotal role in driving economic growth in underserved regions across India.

Shareholdings Patterns of Mahindra & Mahindra Financial Services

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters +	52.16%	52.16%	52.16%	52.16%	52.16%
FIIs +	14.10%	12.72%	11.95%	10.08%	10.19%
DIIs +	25.84%	26.96%	28.61%	30.66%	31.58%
Public +	7.79%	8.06%	7.18%	7.00%	6.01%
Others +	0.14%	0.10%	0.09%	0.09%	0.07%
No. of Shareholders	2,19,510	2,39,372	2,27,512	2,24,273	2,11,051

The shareholding pattern of Mahindra & Mahindra Financial Services (MMFSL) from September 2023 to September 2024 reflects notable trends across various categories. The Promoters maintained a stable holding of 52.16% throughout the period, signifying their consistent commitment to the company. Foreign Institutional Investors (FIIs) saw a gradual decrease in their stake, declining from 14.10% in September 2023 to 10.19% by September 2024, indicating reduced foreign interest over time. Conversely, Domestic Institutional Investors (DIIs) increased their shareholding significantly, rising from 25.84% in September 2023 to 31.58% in September 2024, showcasing growing confidence from domestic institutions. The Public stake experienced a slight reduction from 7.79% to 6.01%, and the Others category held a minimal and declining share, from 0.14% to 0.07% during the same period. Additionally, the total number of shareholders decreased from 2,19,510 in September 2023 to 2,11,051 by September 2024, reflecting a consolidation in the shareholder base.

How to Purchase Mahindra & Mahindra Financial Services Shares in India?

Below are the trading platforms that you can use to purchase Mahindra & Mahindra Financial Services shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Mahindra & Mahindra Financial Services Share Price Prediction: 2024, 2025 to 2030

Mahindra & Mahindra Financial Services Share Price Target 2024

When	Maximum Price	Minimum Price
December 2024	309.25	268.92

The share price of Mahindra & Mahindra Financial Services is projected to demonstrate notable potential. The maximum price is expected to reach ₹309.25, while the minimum price is anticipated to be ₹268.92 by December.

Mahindra & Mahindra Financial Services Share Price Prediction 2025

When	Maximum Price	Minimum Price
January 2025	312.35	240.27
February 2025	315.50	242.69
March 2025	322.13	247.79
April 2025	318.94	245.34
May 2025	309.65	238.19
June 2025	323.58	248.91
July 2025	317.24	244.03
August 2025	327.05	251.58
September 2025	330.97	254.60
October 2025	339.58	261.21
November 2025	348.07	267.75
December 2025	363.73	279.79

As we move through 2025, Mahindra & Mahindra Financial Services is expected to display steady growth. Starting in January with a maximum of ₹312.35 and a minimum of ₹240.27, the prices are projected to rise gradually, reaching ₹330.97 and ₹254.60 by September. The upward trend continues toward the year’s end, with November anticipated at ₹348.07 to ₹267.75, culminating in December with a maximum of ₹363.73 and a minimum of ₹279.79.

Mahindra & Mahindra Financial Services Share Price Target 2026

When	Maximum Price	Minimum Price
January 2026	374.64	288.19
February 2026	365.28	280.98
March 2026	372.58	286.60
April 2026	380.19	292.45
May 2026	376.42	289.56
June 2026	385.83	296.79
July 2026	378.27	290.98
August 2026	389.97	299.97
September 2026	397.77	305.97
October 2026	408.11	313.93
November 2026	418.31	321.78
December 2026	428.77	329.82

Mahindra & Mahindra Financial Services Share Price Target 2027

When	Maximum Price	Minimum Price
January 2027	433.06	333.12
February 2027	444.16	341.66
March 2027	461.48	354.99
April 2027	452.43	348.03
May 2027	439.26	337.89
June 2027	459.02	353.09
July 2027	450.02	346.17
August 2027	463.94	356.88
September 2027	480.18	369.37
October 2027	492.66	378.97
November 2027	504.98	388.45
December 2027	517.60	398.16

Mahindra & Mahindra Financial Services Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	527.96	406.12
February 2028	541.49	416.53
March 2028	562.61	432.78
April 2028	551.58	424.29
May 2028	535.51	411.93
June 2028	559.61	430.47
July 2028	548.64	422.03
August 2028	565.61	435.08
September 2028	585.40	450.31
October 2028	600.62	462.02
November 2028	615.64	473.57
December 2028	631.03	485.41

Mahindra & Mahindra Financial Services Share Price Prediction 2029

When	Maximum Price	Minimum Price
January 2029	643.65	495.12
February 2029	660.16	507.81
March 2029	685.90	527.62
April 2029	672.45	517.27
May 2029	652.87	502.21
June 2029	682.25	524.80
July 2029	668.87	514.51
August 2029	689.56	530.43
September 2029	713.69	548.99
October 2029	732.25	563.27
November 2029	750.55	577.35
December 2029	769.32	591.78

Mahindra & Mahindra Financial Services Share Price Target 2030

When	Maximum Price	Minimum Price
January 2030	784.70	603.62
February 2030	804.82	619.09
March 2030	836.21	643.24
April 2030	819.81	630.63
May 2030	795.94	612.26
June 2030	831.75	639.81
July 2030	815.44	627.27
August 2030	840.66	646.67
September 2030	870.09	669.30
October 2030	892.71	686.70
November 2030	915.03	703.87
December 2030	937.90	721.46

As we step into 2030, Mahindra & Mahindra Financial Services is expected to showcase a robust performance. In January, the maximum price is projected at ₹784.70, while the minimum may be around ₹603.62. This upward trajectory is anticipated to continue, with September seeing a peak of ₹870.09 and a low of ₹669.30. By November, prices could reach ₹915.03 and ₹703.87, culminating in December with a maximum of ₹937.90 and a minimum of ₹721.46.

Financial Condition of Mahindra & Mahindra Financial Services

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Revenue	11,995	12,382	11,419	12,828	15,963	17,161
Interest	5,391	5,308	4,417	5,094	6,959	7,681
Expenses +	4,903	6,046	5,347	4,696	6,204	6,482
Financing Profit	1,702	1,028	1,655	3,038	2,799	2,998
Financing Margin %	14%	8%	14%	24%	18%	17%
Other Income +	47	57	47	-8	64	205
Depreciation	147	151	152	226	275	296
Profit before tax	1,602	934	1,549	2,804	2,588	2,907
Tax %	32%	16%	26%	26%	25%
Net Profit +	1,086	780	1,150	2,071	1,943	2,181
EPS in Rs	8.7	6.26	9.2	16.77	15.64	17.65
Dividend Payout %	0%	13%	39%	36%	40%

The financial performance of Mahindra & Mahindra Financial Services (MMFSL) over recent years demonstrates strong growth and resilience. Revenue steadily increased from ₹11,995 crore in March 2020 to ₹15,963 crore in March 2024, with the trailing twelve months (TTM) further rising to ₹17,161 crore, reflecting a strong business expansion. Interest expenses also climbed from ₹5,391 crore in March 2020 to ₹7,681 crore in TTM, driven by the company’s growing operations.

The company’s financing profit showcased fluctuations, with a peak of ₹3,038 crore in March 2023 and a subsequent stabilization at ₹2,799 crore in March 2024. Financing margins improved significantly from 8% in March 2021 to 24% in March 2023, before settling at 17% in TTM. Other income varied, turning negative in March 2023 but rebounding to ₹205 crore in TTM. Depreciation expenses rose consistently, reaching ₹296 crore in TTM.

Profit before tax (PBT) surged from ₹1,602 crore in March 2020 to ₹2,588 crore in March 2024, supported by efficient expense management. The net profit displayed remarkable growth, jumping from ₹1,086 crore in March 2020 to ₹2,181 crore in TTM, highlighting strong profitability. Correspondingly, EPS increased from ₹8.7 in March 2020 to ₹17.65 in TTM. The company’s dividend payout ratio evolved from 0% in March 2020 to 40% in March 2024, showcasing a commitment to rewarding shareholders. This financial trajectory underscores Mahindra & Mahindra Financial Services’ consistent efforts to drive growth and shareholder value.

FAQs

What is Mahindra & Mahindra Financial Services current market capitalization?

Mahindra & Mahindra Financial Services current market capitalization stands at ₹33,800 crore.

What is Mahindra & Mahindra Financial Services current share price?

As of November 26th, 2024, Mahindra & Mahindra Financial Services current share price is ₹274.

What is Mahindra & Mahindra Financial Services share price target for 2025?

Mahindra & Mahindra Financial Services share price target for 2025 ranges from a minimum of ₹238.19 to a maximum of ₹363.73.

What is Mahindra & Mahindra Financial Services share price target for 2030?

The share price target for Mahindra & Mahindra Financial Services in 2030 is projected to range between ₹603.62 and ₹937.90.

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Conclusion

In conclusion, Mahindra & Mahindra Financial Services Limited (MMFSL) demonstrates a robust presence in the NBFC sector with its focus on rural and semi-urban markets. The shareholding trends from September 2023 to September 2024 reflect steady promoter confidence and increasing domestic institutional interest, while financial projections indicate a promising upward trajectory in share prices through 2025 and beyond. MMFSL’s financial performance highlights sustained revenue growth, improved profitability, and a commitment to shareholder rewards, solidifying its position as a key player in India’s financial ecosystem.