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:
-
Personal Loans
Wedding
Children’s Education
Medical Treatment
Working Capital -
Vehicle Financing
Auto and Utility Vehicles
Tractors
Cars
Commercial Vehicles
Construction Equipment -
PreOwned Vehicle Financing
Cars
Multi-utility Vehicles
Tractors
Commercial Vehicles -
Insurance Broking ( Through subsidiary Mahindra Insurance Brokers Limited)
Retail Customers
Corporates -
SME Financing
Project Finance
Equipment Finance
Working Capital Finance -
Housing Finance (Through subsidiary Mahindra Rural Housing Finance Limited)
New House
House Renovation and
Improvements -
Investments and Advisory (under the brand Mahindra Finance Finsmart)
Investment Products
– Fixed Deposits
Advisory Services
– Investment planning -
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
Strong cash flow:
Increasing sales and operating profit:
Share capital: no much equity dilution
Disc: Not invested, tracking