Mahindra Finance ~ Rural Focused NBFC

Rural Resurgence

Mahindra and Mahindra Financial Services (MMFS) is a subsidiary of the Indian conglomerate Mahindra & Mahindra (M&M). It is a leading NonBanking Financial Company (NBFC) which serves the financing needs of the growing population residing in rural and semiurban areas of India.

Asset Under Management : Rs. 46,776cr
Capital Adequacy Ratio : 17.2%
Total loan disbursed: Rs. 31,659cr
Total loan disbursed growth in 2016-17: 18.5 %
Products:

  1. Personal Loans
    Wedding
    Children’s Education
    Medical Treatment
    Working Capital
  2. Vehicle Financing
    Auto and Utility Vehicles
    Tractors
    Cars
    Commercial Vehicles
    Construction Equipment
  3. PreOwned Vehicle Financing
    Cars
    Multi-utility Vehicles
    Tractors
    Commercial Vehicles
  4. Insurance Broking ( Through subsidiary Mahindra Insurance Brokers Limited)
    Retail Customers
    Corporates
  5. SME Financing
    Project Finance
    Equipment Finance
    Working Capital Finance
  6. Housing Finance (Through subsidiary Mahindra Rural Housing Finance Limited)
    New House
    House Renovation and
    Improvements
  7. Investments and Advisory (under the brand Mahindra Finance Finsmart)
    Investment Products
    – Fixed Deposits
    Advisory Services
    – Investment planning
  8. Mutual Fund Schemes (Through Mahindra Mutual Fund, managed by subsidiary Mahindra
    Asset Management Company Pvt Ltd)
    Liquid Scheme
    Equity Linked Saving Scheme (ELSS)
    Equity Oriented Balanced Scheme
    Short Term Debt Scheme

Compounded Sales Growth for last 10 years is 21% and TTM sales growth is 19%
Compounded Profit growth TTM is 100%
Other income has increased dramatically : 91.08 crore
Net profit is 1023.91cr compared to 511.64 cr last year
Current PE is at 28

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Strong cash flow:

Increasing sales and operating profit:

Share capital: no much equity dilution

Disc: Not invested, tracking

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