Mahindra & Mahindra Financial Services Ltd. · NSE:M&MFIN
Mahindra & Mahindra Financial Services — Q3 FY2026 Earnings Presentation
61 slides from Mahindra & Mahindra Financial Services's earnings presentation, Jan 28, 2026
Slide 1: Exchange filing cover letter for earnings presentation
28th January 2026 To, BSE Limited (Scrip Code: 532720) National Stock Exchange of India Ltd. (Symbol: M&MFIN) Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No. C/1, "G" Block, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Dear Sir/ Madam, S
Slide 2: Result Update Quarter ended Dec'25 (Q3FY26)
Mahindra & Mahindra Financial Services Limited Result Update Quarter ended Dec’25 (Q3FY26) Regd. Office: Corporate Office: Gateway Building, Apollo Bunder, Mahindra Towers, 3rd Floor, Mumbai-400 001, India Dr. G. M. Bhosale Marg, Worli, Tel: +91 22 6897 5500 Mumbai-400 018, India Fax:+91 22 2287 548
Slide 3: Safe Harbor
Safe Harbor Certain statements in the Financial Results Update presentation describing the Company's objectives, and predictions may be ‘forward-looking statements’ within the meaning of applicable laws and regulations. Actual results may vary significantly from the forward-looking statements contai
Slide 4: Executive Summary
Providing Financial Solutions to Bharat Executive Summary Financial Information Subsidiary Financials Company Overview ESG & CSR
Slide 5: Key Messages
Key Messages Business Transformation Visible step-up in Further stabilization in Pivot to Growth (Udaan) completed profitability asset quality 95% onboarding, 100% PAT up 76% YTD GS3 <4.0% for the last 8 Investments in place-product, collections (Excl. PCR provision release in PY quarters consistent
Slide 6: Business Transformation (Udaan) completed
Business Transformation (Udaan) completed 1 Instant hyper-personalized offers for self-employed / Bharat customer 2 Paperless onboarding 3 Quicker TAT on decisioning & disbursements 4 Branches equipped for multi-product & omni channel journeys 5 Fortified Back office/CPC for peak efficiency 5
Slide 7: Visible step-up in profitability
Visible step-up in profitability 1 Q3 ROA at 2.5% and 9MF26 RoA at 1.9% demonstrating bottom-line momentum 2 Q3 PAT up 59% QoQ, 9MF26 PAT up 76% YoY adjusting for PCR benefit and labour code 3 Q3 NIM expansion of ~50 bps QoQ at 7.5%, 9MF26 NIM at 7.1% vs 6.6% 9MF25 4 Q3 Fee* expansion 10 bps QoQ at
Slide 8: Further stabilization in asset quality
Further stabilization in asset quality 1 GS3 at 3.8%, down 14 bps QoQ and 13 bps YOY 2 GS2+GS3 at 9.2%, down 52 bps QoQ and 101 bps YOY Credit cost at 1.3% for Q3, 1.8% for 9MF26 vs 2.2% for 9MF25 (PCR adjusted), reported 3 1.3% 4 Stable Provision Coverage on GS3 (53%), overlays created 7
Slide 9: Pivot to Growth
Pivot to Growth 1 Tractor disbursements up 65% YoY for Q3F26, Capturing Bharat tailwinds 2 Diversification Mortgages, rebalancing & expansion 3 Diversification MSME, portfolio AUM growing at 35% YoY 4 Capital Adequacy at 19.8% (Tier I: 17.4%) 8
Slide 10: Q3F26 Financial Highlights
Q3F26 Financial Highlights on standalone basis Q3 Disbursement Asset quality: GS2+GS3 <10% Rs 17,612 crores v/s Rs 16,467 crores 10.2 10.2 8.4 9.7 9.1 9.7 9.7 9.2 YoY 7% Q4 F24 Q1 F25 Q2 F25 Q3 F25 Q4 F25 Q1 F26 Q2 F26 Q3 F26 AUM (Business Assets) Rs 1,28,965 crores v/s Rs 1,15,126 crores Stage-3 @
Slide 11: Overall Disbursements and Book
Overall Disbursements and Book Figs. In ₹ Cr Disbursement AUM Product Wise Q3 FY26 YoY% QoQ% YoY% QoQ% Tractor 3,242 65% 86% 23% 13% Pre-Owned Vehicle 2,458 4% (1%) 9% 1% PV 7,102 1% 33% 14% 5% CV & CE 2,966 (11%) 29% 4% 1% 3-Wheeler 532 (23%) 6% (3%) (1%) SME 732 4% (1%) 35% 7% Others*^ 580 59% 40%
Slide 12: Spread & RoA Tree
Spread & RoA Tree on standalone basis Particulars Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 FY25 Total Income / Average Assets 13.5% 13.0% 13.1% 13.1% 12.9% 12.8% - Loan Income 12.0% 11.6% 11.9% 11.7% 11.9% 11.7% - Fee, Investment & Other Income 1.5% 1.4% 1.1% 1.4% 1.1% 1.1% Interest cost / Average Assets
Slide 13: GS2 + GS3: Within range
GS2 + GS3: Within range Figs. In ₹. Cr GS3 – Trendline GS2 – Trendline (14) bps (38) bps 4.29% 5.99% 6.42% 6.28% 5.78% 5.40% 5.75% 3.97% +10 bps (14) bps 3.93% 3.94% 3.83% 3.80% 4,024 3,852 4,309 4,525 5,007 4,905 5,390 5,814 7,225 7,234 7,356 6,966 Sep-23 Dec-23 Sep-24 Dec-24 Sep-25 Dec-25 Sep-23 D
Slide 14: Credit Cost: Break down
Credit Cost: Break down on standalone basis Particulars FY24 FY25 Q2FY25 Q3FY25 Q2FY26 Q3FY26 GS-3 (%) 3.4% 3.7% 3.8% 3.9% 3.9% 3.8% Credit Cost (%) 1.7% 1.3% 2.3% 0.0% 2.2% 1.3% Provision (%) 0.1% 0.0% 1.3% (1.4%) 1.0% (0.4%) GS-3 Coverage (%) 63.2% 51.2% 59.5% 50.1% 53.0% 53.0% Provision (Rs Cr) 1
Slide 15: Credit Costs Variance Analysis
Credit Costs Variance Analysis Credit Costs (Rs. in crores) Q3 F26 Q3 F25 Q2 F26 Provisions Charge in P&L (A) (158) (434) 337 A1. Due to Change in GS-1/GS-2/GS-3 PCR % (11) (583) 129 A2. Due to Change in GS-1/GS-2/GS-3 Volume (0.3) 149 208 A3. Due to one-time write offs (Already fully provided for)
Slide 16: Key Business Indicators Q3FY26 vs Q3FY25
Key Business Indicators Q3FY26 vs Q3FY25 Figs. In Rs. Cr Growth % Disbursements Business AUM Total Income NIM 7% 12% 15% 27% 4,763 2,661 17,612 1,28,965 4,144 16,467 1,15,126 2,099 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 13.1% 13.5% 6.6% 7.5% Total Opex PPOP Credit Cost PAT 14% 36% N
Slide 17: Key Business Indicators 9MFY26 vs 9MFY25
Key Business Indicators 9MFY26 vs 9MFY25 Figs. In Rs. Cr Growth % Disbursements Business AUM Total Income NIM 4% 12% 16% 22% 13,690 7,369 43,934 1,28,965 6,021 42,370 1,15,126 11,830 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 12.9% 13.1% 6.6% 7.1% Total Opex PPOP Credit Cost PAT 16% 27%
Slide 18: Key Priorities
Key Priorities Defend and grow Steady progress Sustain risk levels Grow SME, Turnaround wheels on growth and (asset quality, leasing, and fee MRHFL & then leadership margins credit costs) income grow affordable (insurance) housing Continue to build a resilient operating model Efficiency gains – Data
Slide 19: Financial Information - Standalone
Providing Financial Solutions to Bharat Executive Summary Financial Information - Standalone Subsidiary Financials Company Overview ESG & CSR
Slide 20: Distribution of Disbursements
Distribution of Disbursements on standalone basis Product Wise Q3 FY26 Q3 FY25 YoY 9M FY26 9M FY25 YoY FY25 PV 7,102 (40%) 7,050 (43%) 1% 17,704 (40%) 17,507 (41%) 1% 23,527 (41%) Pre-Owned Vehicle 2,458 (14%) 2,354 (14%) 4% 7,107 (16%) 6,856 (16%) 4% 9,468 (17%) CV & CE 2,966 (17%) 3,335 (20%) -11%
Slide 21: Break down of Business Assets
Break down of Business Assets on Standalone Basis Asset Class 9MFY26 9MFY25 FY25 Passenger vehicles 41.2% 40.7% 40.6% Commercial vehicles and construction 20.6% 22.2% 22.3% equipments Pre-owned vehicles 12.3% 12.6% 12.8% Tractors 12.1% 11.0% 10.7% SME 5.7% 4.7% 5.1% 3 Wheelers 3.4% 3.9% 3.8% Others*
Slide 22: Distribution by Geography
Distribution by Geography on standalone basis Disbursement* Business Assets Circle HQ Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Delhi 13.5% 13.7% 13.8% 13.5% Jaipur 15.7% 16.8% 14.8% 14.7% Lucknow 19.6% 18.4% 17.9% 17.8% Thane 19.8% 19.3% 19.5% 18.7% Chennai 11.5% 11.5% 12.0% 12.1% Hyderabad 11.4% 12.3% 12.4%
Slide 23: Disbursements → Steady YoY
Disbursements → Steady YoY on standalone basis Historical Disbursements (Rs. in crores) Q1 Q2 Q3 Q4 FY 12,808 13,514 17,612 FY 2026 - - (1% yoy) (3% yoy) (7% yoy) FY 2025 12,741 13,162 16,467 15,530 57,900 FY 2024 12,165 13,315 15,436 15,292 56,208 Collection Efficiency^ Q1 Q2 Q3 Q4 FY FY 2026 95% 9
Slide 24: Asset Quality → Overall Range-Bound
Asset Quality → Overall Range-Bound on standalone basis Gross Stage-3 Net Stage-3 3.9% 6.3% 3.7% 3.8% 3.4% 5.4% 5.4% 5.0% 1.8% 2.0% 1.8% 1.3% FY24 FY25 FY25 Q3 FY26 Q3 FY24 FY25 FY25 Q3 FY26 Q3 Gross & Net Stage - 3 Gross Stage - 2 23
Slide 25: Balance Sheet → Adequately Capitalized
Balance Sheet → Adequately Capitalized Capital Adequacy Gross Stage-3 Stage 3 - Coverage Ratio 3.9% 3.9% 3.8% 3.7% 19.8% 19.5% 53.0% 53.0% 18.3% 51.2% 50.1% 17.8% (15.1%) (15.2%) (16.9%) (17.4%) Dec-24 Mar-25 Sep-25 Dec-25 Dec-24 Mar-25 Sep-25 Dec-25 Dec-24 Mar-25 Sep-25 Dec-25 (Tier I- %) Adequatel
Slide 26: Growth Trajectory
Growth Trajectory on standalone basis Loan Book (1) (Rs. crores) Revenues (Rs. crores) 1,25,088 16,075 1,16,214 1,11,630 13,562 13,690 99,195 11,830 79,455 11,056 12% 16% FY23 FY24 FY25 9M FY25 9M FY26 FY23 FY24 FY25 9M FY25 9M FY26 Pre-Provisioning Operating Profit (Rs. crores) Profit after Tax (2)
Slide 27: Financial Performance
Financial Performance on standalone basis Cost to income ratio (1) (%) Return on Assets (ROA) (2) (%) 42.1% 41.4% 41.7% 41.0% 2.3% 38.8% 2.0% 1.9% 1.9% 1.7% FY23 FY24 FY25 9M FY25 9M FY26 FY23 FY24 FY25 9M FY25 9M FY26 Return on Net Worth (RONW) (2) (%) Asset Quality (%) 4.5% Gross Stage-3 Net Stage
Slide 28: Standalone Profit & Loss Account
Standalone Profit & Loss Account Particulars (Rs. in crores) Q3FY26 Q2FY26 Q-o-Q Q3FY25 Y-o-Y FY25 Revenue from operations (A) 4,754 4,473 6% 4,143 15% 16,019 Less: Finance cost (B) 2,103 2,066 2% 2,046 3% 7,898 NII (C= A-B) 2,651 2,406 10% 2,097 26% 8,121 Other Income (D) 10 17 (42%) 1 NA 56 Total
Slide 29: Standalone Profit & Loss Account
Standalone Profit & Loss Account Particulars (Rs. in crores) 9MFY26 9MFY25 Y-o-Y FY25 Revenue from operations (A) 13,646 11,778 16% 16,019 Less: Finance cost (B) 6,321 5,809 9% 7,898 NII (C= A-B) 7,324 5,969 23% 8,121 Other Income (D) 45 52 (13%) 56 Total Income (E=C+D) 7,369 6,021 22% 8,176 Employe
Slide 30: Standalone Balance Sheet
Standalone Balance Sheet Particulars (Rs. in crores) As on Dec 31, 2025 As on Dec 31, 2024 As on Mar 31, 2025 ASSETS Financial Asset a) Cash and cash equivalents 293 1,027 1,667 b) Bank balance other than (a) above 7,273 3,809 3,869 c) Derivative financial instruments 203 62 31 d) Trade Receivables
Slide 31: Standalone Balance Sheet (Contd.)
Standalone Balance Sheet (Contd.) Particulars (Rs. in crores) As on Dec 31, 2025 As on Dec 31, 2024 As on Mar 31, 2025 LIABILITIES AND EQUITY Financial Liabilities a) Derivative financial instruments 333 297 390 b) Payables i) Trade payables 806 1,133 1,209 ii) Other payables 34 8 20 c) Debt Securit
Slide 32: Summary & Key Ratios
Summary & Key Ratios on standalone basis Particulars 9MFY26 9MFY25 FY25 RONW (Avg. Net Worth) - annualised 11.8% 12.7% 12.4% Debt / Equity 4.87:1 5.55:1 5.70:1 Capital Adequacy 19.8% 17.8% 18.3% Tier I 17.4% 15.1% 15.2% Tier II 2.4% 2.7% 3.1% EPS (Basic) (Rs.) 14.04 14.01 18.43 Book Value (Rs.) 171.
Slide 33: Stage 3 - Analysis
Stage 3 - Analysis on standalone basis Particulars (Rs. in crores) except figures in % Dec 30, 2025 Sep 30, 2025 Dec 30, 2024 Mar 31, 2025 Mar 31, 2024 Business Assets (including Provisions) 1,28,965 1,27,246 1,15,126 1,19,673 1,02,597 Gross Stage 3 4,905 5,007 4,525 4,414 3,491 Less: Stage 3 ECL Pr
Slide 34: Credit Charge
Credit Charge on standalone basis Particulars (Rs. in crores) Q3FY26 Q2FY26 Q3FY25 9MFY26 9MFY25 FY25 Stage-1 Provisions 27 57 (31) 121 (31) (7) Stage-2 Provisions (132) 41 (107) (42) 68 12 Stage-3 Provisions (54) 238 (296) 342 63 53 Provisions – P&L Charge (158) 337 (434) 421 99 59 Write-Offs 628 4
Slide 35: Stage Wise Provisioning
Stage Wise Provisioning on standalone basis Stage-Wise Assets and Provisioning As on 31st Dec 2025 As on 30th Sep 2025 As on 31st Mar 2025 Rs. in crores Business Assets Provisions & Business Assets Provisions & Business Assets Provisions & (Amount and %) Coverage (Amount and %) Coverage (Amount and
Slide 36: Broad Based Liability Mix
Broad Based Liability Mix on standalone basis Funding Mix by Investor Category Funding Mix by type of Instrument Dec’25 Sep’25 Dec’24 Dec’25 Sep’25 Dec’24 Investor Type Instrument Type Amount % Share % Share % Share Amount % Share % Share % Share Banks / Financial NCDs 22,917 20.2% 20.0% 23.4% 73,14
Slide 37: ALM Position and Liability Maturity
ALM Position and Liability Maturity All figures in Rs. crores 1,60,000 Cumulative Inflow Cumulative Outflow Cumulative Mismatch% 1,39,269 1,40,000 400% 1,17,182 1,16,201 1,20,000 1,06,861 300% 1,00,000 80,000 59,578 200% 60,000 52,379 38,953 40,000 26,849 20,348 31,993 100% 23,364 18,956 20,000 12,3
Slide 38: Financial Information - Consolidated
Providing Financial Solutions to Bharat Executive Summary Financial Information - Consolidated Subsidiary Financials Company Overview ESG & CSR
Slide 39: Key Financials
Key Financials on consolidated basis Disbursements Total Income PAT 10% 14% 2% 18,918 5,464 918 936* 17,168 4,799 Q3FY25 Q3FY26 Q3FY25 Q3FY26 Q3FY25 Q3FY26 6% 14% 13% 2,031* 44,413 47,032 15,527 1,805 13,634 9MFY25 9MFY26 9MFY25 9MFY26 9MFY25 9MFY26 38 Figs. In Rs. Cr Growth % *Excluding PAT impact
Slide 40: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account Particulars (Rs. in crores) Q3 FY26 Q2 FY26 Q-o-Q Q3 FY25 Y-o-Y FY25 Revenue from operations (A) 5,450 5,026 8% 4,797 14% 18,463 Less: Finance cost (B) 2,236 2,198 2% 2,175 3% 8,415 NII (C= A-B) 3,214 2,829 14% 2,622 23% 10,048 Other Income (D) 14 23 (38%) 3 NA 67
Slide 41: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account Particulars (Rs. in crores) 9M FY26 9M FY25 Y-o-Y FY25 Revenue from operations (A) 15,467 13,577 14% 18,463 Less: Finance cost (B) 6,714 6,198 8% 8,415 NII (C= A-B) 8,753 7,380 19% 10,048 Other Income (D) 61 56 8% 67 Total Income (E=C+D) 8,814 7,436 19% 10,115 Empl
Slide 42: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs. in crores) As on Dec 31, 2025 As on Dec 31, 2024 As on Mar 31, 2025 ASSETS Financial Asset a) Cash and cash equivalents 359 1,210 1,830 b) Bank balance other than (a) above 7,384 3,963 4,017 c) Derivative financial instruments 204 62 31 d) Trade Receivable
Slide 43: Consolidated Balance Sheet (Contd.)
Consolidated Balance Sheet (Contd.) Particulars (Rs. in crores) As on Dec 31, 2025 As on Dec 31, 2024 As on Mar 31, 2025 LIABILITIES AND EQUITY Financial Liabilities a) Derivative financial instruments 333 299 392 b) Payables i) Trade payables 1,078 1,358 1,441 ii) Other payables 34 8 21 c) Debt Sec
Slide 44: Subsidiary Financials
Providing Financial Solutions to Bharat Executive Summary Financial Information Subsidiary Financials Company Overview ESG & CSR
Slide 45: Mahindra Rural Housing Finance Limited
Mahindra Rural Housing Finance Limited Particulars (Rs. in crores) Q3FY26 Q3FY25 9MFY26 9MFY25 FY25 Loans disbursed 857 483 1,949 1,479 2,022 Loans & Advances (net) 7,576 7,026 7,576 7,026 6,894 Total income 290 297 862 901 1,197 PBT 10 (35) 27 (101) (305) PAT 7 (27) 20 (76) (228) Net-worth 1,277 1,
Slide 46: Mahindra Insurance Brokers Limited
Mahindra Insurance Brokers Limited Particulars (Rs. in crores) Q3FY26 Q3FY25 9MFY26 9MFY25 FY25 Net Premium 1,281 1,145 3,201 2,851 4,016 Total income 433 349 1,061 897 1,240 PBT 46 38 103 87 124 PAT 33 28 74 62 89 No. of employees (nos.) 571 614 571 614 589 ▪ Business Area: Licensed by IRDAI for un
Slide 47: Mahindra Ideal Finance Limited
Mahindra Ideal Finance Limited Particulars (in LKR Mn) Q3FY26 Q3FY25 9MFY26 9MFY25 FY25 Loans disbursed 15,528 7,726 39,885 20,044 29,473 Loans & Advances (net) 23,644 12,877 23,644 12,877 14,803 Total income 1,138 710 2,985 1,966 2,741 PBT* 277 99 754 256 433 PAT 111 32 320 77 146 Net-worth 3,403 3
Slide 48: Company Overview
Providing Financial Solutions to Bharat Executive Summary Financial Information Subsidiary Financials Company Overview ESG & CSR
Slide 49: Company Background
Company Background Parentage Mahindra & Mahindra Financial Services Limited (“MMFSL”) is a subsidiary of Mahindra and Mahindra Limited (M.Cap: Rs 4.22 trillion)* About MMFSL MMFSL (M.Cap: Rs 506 billion)*, one of India’s leading non-banking finance companies focused in the rural and semi-urban secto
Slide 50: Vision, Scale and Customer Offerings
Vision “Leading and Responsible Financial Solutions Partner of Choice for Bharat” Our DNA Our Mantra 1,300+ Branches 6,000+ Dealers Bharat ke PAAS Bharat ke SAATH Scale 10+ OEMs 11M+ Customers Accessible Right Offering 120K Cr AUM Timely Trust Customer Customer Offerings Wheels MSME LAP/HL PL I
Slide 51: MMFSL Group Structure
MMFSL Group Structure Mahindra & Mahindra Limited 52.49% Mahindra & Mahindra Financial Services Limited 100%(1) 98.43%(2) 49% 51%(3) 51%(3) 58.2%(4) Mahindra Insurance Mahindra Rural Mahindra Finance USA Mahindra Manulife Mahindra Manulife Mahindra Ideal Finance Brokers Limited Housing Finance LLC I
Slide 52: Our Journey
Our Journey Equity Sale of 5% of participation of MIBL at a 12.5%by NHB in valuation of Rs. MRHFL Stake sale in MIBL Certificate of to Inclusion 1,300 crores. Rights Issue of Registration Resources Pvt. Ltd. received from SEBI Rs. 2,996 crores Recommenced QIP Issuance : Rights Issue of Fixed Deposit
Slide 53: Shareholding Pattern (as on December 31, 2025)
Shareholding Pattern (as on December 31, 2025) Shareholding Pattern Top 10 Public Shareholders 6.02% ▪ Life Insurance Corporation of India ▪ SBI Mutual Fund ▪ HDFC Mutual Fund 32.35% ▪ HDFC Life Insurance Company Limited 52.49% ▪ SBI Life Insurance Co. LTD ▪ Sundaram Mutual Fund ▪ Ashish Dhawan 9.11
Slide 54: Extensive Branch Network
Extensive Branch Network ▪ Extensive branch network with presence in 27 states and 7 union Coverage (Circle HQ) territories in India through 1,348 offices ▪ Branches have authority to approve loans within prescribed Delhi Jaipur Lucknow guidelines 21 1 Thane Kolkata 26 32 Chennai Hyderabad Branch Ne
Slide 55: Diversified Product Portfolio
Diversified Product Portfolio Vehicle Financing Pre-Owned Vehicles SME Financing Loans for auto and utility vehicles, tractors, cars, Loans for pre-owned cars, multi-utility vehicles, Loans for varied purposes like project finance, commercial vehicles and construction tractors and commercial vehicle
Slide 56: Credit Rating
Credit Rating India Ratings Outlook Long term Issuer Rating; Bank Facility; Non-Convertible IND AAA Stable Debenture (incl. MLD) and Subordinated debt; Fixed Deposit IND PP-MLD AAA Short term Bank Facility & Commercial Paper IND A1+ - CRISIL Outlook Long term Bank Facility; Non-Convertible Debenture
Slide 57: ESG & CSR
Providing Financial Solutions to Bharat Executive Summary Financial Information Subsidiary Financials Company Overview ESG & CSR
Slide 58: "Dhan Samvaad" - CSR Flagship Program
“Dhan Samvaad” - CSR Flagship Program >1,85,600 79% 69% 38% Individuals Trained Adoption of Digi Locker Linkages with Social Securities Women participants Application schemes o Launched Dhan Samvaad for “Financial & Digital Literacy”, to impact 1 Mn individuals by 2030 o To train underprivileged com
Slide 59: CSR Impact
CSR Impact >1,550 >48,000 20,000 460 Awarded scholarship to Women Skilled through Mahindra Underprivileged girl students Trainees trained for ITES-BPO at underprivileged children ensuring Pride program on domains such as educated under the Nanhi Kali SMART Centers with placement uninterrupted educat
Slide 60: Recognition
Recognition Mahindra Finance honored with “Best Mahindra Finance won the Gold Award for Financial Inclusion Initiative" award at Environmental Sustainability and Silver Award the prestigious DNA Awards 2025 for Education & Skills Development by ACEF Asian Business Leaders Award 2025 59
Slide 61: Thank You
Providing Financial Solutions to Bharat Thank You
Mahindra & Mahindra Financial Services — Q3 FY2026 Earnings Presentation on 6ix