Wednesday, September 9, 2026

M&M Financial Services estimates Q1 disbursements up 21% at ₹15,560 crore; business assets seen rising 12%

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Mahindra & Mahindra Financial Services has estimated its overall disbursements for the first quarter to increase 21% year-on-year to approximately ₹15,560 crore.The company said its business assets stood at approximately ₹1.37 lakh crore as of June 30, 2026, reflecting an estimated growth of around 12% compared with June 2025.

Collection efficiency is estimated to remain flat at 95% year-on-year during the quarter.
As of June 30, 2026, the company estimated its Stage-3 assets to be in the range of 3.4-3.5%, compared with 3.4% as of March 31, 2026.
The provisional update indicates continued growth in overall disbursements and business assets during the quarter, while collection efficiency remained stable.The estimated Stage-3 asset ratio remained broadly in line with the level reported at the end of the previous quarter, with the range of 3.4-3.5% compared with 3.4% as of March 31, 2026.

Business assets reached approximately ₹1.37 lakh crore at the end of June, while estimated disbursements rose to around ₹15,560 crore, reflecting year-on-year growth in the company’s lending business.

Collection efficiency was estimated at 95%, unchanged from a year earlier, indicating stable collections during the reporting period.

The company said the figures are estimates for the quarter ended June 30, 2026, covering disbursements, business assets, collection efficiency and Stage-3 asset quality.

Shares of Mahindra & Mahindra Financial Services closed 0.86% higher at ₹317.85 on the NSE on Thursday.

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