Company Update : Mahindra Finance Ltd by Motilal Oswal Financial Services Ltd

Business assets rose 15% YoY; seasonal deterioration in asset quality
Key takeaways from 1QFY26 business update:
* Disbursements at INR128b grew 1% YoY and declined ~18% QoQ.
* Gross business assets as of Jun’25 stood at ~INR1.22t, up 15% YoY/2% QoQ.
* CE stood at 95% (PY: 94% and PQ: 97%).
* MMFS reported that its Stage 3 is estimated at 3.8-3.9% (PQ: 3.7% and PY: 3.6%) and Stage 2 is estimated at 5.8-5.9% (PQ: 5.4% and PY: 6.1%).
* As of Jun’25, MMFS maintained a comfortable liquidity position with a liquidity chest of ~INR96b.
For More Research Reports : Click Here
For More Motilal Oswal Securities Ltd Disclaimer
http://www.motilaloswal.com/MOSLdisclaimer/disclaimer.html
SEBI Registration number is INH000000412









