Mahindra & Mahindra Financial Services Share Price Plunges Over 5% After Q2 FY27 Results

Written by: Team Angel OneUpdated on: 22 Oct 2026, 4:41 pm IST

Mahindra Finance Q2 results show net profit at ₹882 crore, disbursements at ₹16,499 crore and business assets up 15% y-o-y.

Mahindra & Mahindra Financial Services reported a standalone net profit of ₹882 crore for Q2 FY27, compared with ₹569 crore in the same quarter last year, according to exchange filings dated October 21, 2026.

Total income rose to ₹5,175 crore from ₹4,489 crore. The results for the quarter ended 30 September 2026 were announced on 21 October.

Pre-provisioning operating profit increased to ₹1,791 crore from ₹1,499 crore. Return on assets stood at 2.2%, compared with 1.6% a year earlier.

Disbursements and Income

Disbursements increased to ₹16,499 crore from ₹13,514 crore in Q2 FY26. Business assets under management rose to ₹1,46,512 crore from ₹1,27,246 crore.

Net interest margins, including dividend and other income, increased to ₹2,834 crore from ₹2,423 crore. The net interest margin remained at 7%.

Credit Costs and Asset Quality

Credit costs declined to ₹630 crore from ₹751 crore. The credit cost ratio fell to 1.6% from 2.2%.

Stage 3 assets accounted for 3.4% of the portfolio, compared with 3.9% in the same quarter last year. Stage 2 assets fell to 4.7% from 5.8%. Collection efficiency stood at 97%, against 96% a year earlier.

The capital adequacy ratio was 18%, while Tier-1 capital stood at 16.2%. Provision coverage on Stage 3 assets was 56.6%. The total liquidity buffer exceeded ₹16,150 crore.

Consolidated Results

Consolidated net profit increased to ₹911 crore from ₹566 crore in Q2 FY26. Total income rose to ₹5,962 crore from ₹5,049 crore. Total assets increased 21% to ₹1,80,292 crore.

First-Half Results

For the first half of FY27, standalone net profit reached ₹1,780 crore, compared with ₹1,099 crore in the previous year. Total income increased to ₹10,149 crore from ₹8,927 crore. Disbursements rose to ₹32,063 crore from ₹26,323 crore, an increase of 22%.

As of October 22, 2026, 10:45 am, Mahindra & Mahindra Financial Services share price was trading at ₹280.65, a 5.65% decrease from the previous closing price.

Conclusion

For the first half of FY27, Mahindra Finance reported a standalone net profit of ₹1,780 crore, up 62% year on year. Disbursements reached ₹32,063 crore.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 22, 2026, 11:11 AM IST

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