Mahindra & Mahindra Financial Services Ltd. · NSE:M&MFIN
Mahindra & Mahindra Financial Services — Q3 FY2025 Earnings Presentation
61 slides from Mahindra & Mahindra Financial Services's earnings presentation, Jan 28, 2025
Slide 1: Exchange filing cover letter for earnings presentation
Mahindra & Mahindra mahindra FINANCE Financial Services Ltd. Mahindra Towers, 3 rd Floor, Dr. G. M. Bhosate Marg, Worli, Mumbai - 400 018, India Tel.: +91 22 66526000 28th January 2025 28th To, BSE Limited, (Scrip Code: 532720) Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Dalai Mumbai - 400 001 00
Slide 2: Result Update Quarter ended Dec'24 (Q3FY25)
Mahindra & Mahindra Financial Services Limited Result Update Quarter ended Dec'24 Dec’24 (Q3FY25) Ca) t 7 868858 %Mg Regd. Office: Corporate Office: Mahindra Towers, 33rdrd Gateway Building, Apollo Bunder, Floor, Mumbai-400 001, India Dr. G. M. Bhosale Marg, Mar& Worli, Emerging India's Trusted Part
Slide 3: Safe Harbor
mahindra FINANCE 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 forward-looking statements' of applicable laws and regulations. Actual results may vary signific
Slide 4: Providing Financial Solutions to Emerging India
Providing Financial Solutions to Emerging India Executive Summary n Financial Information n Subsidiary Financials n Company Overview n Business Strategy )) ESG & CSR )) mahindra FINANCE
Slide 5: Key Messages
mahindra FINANCE Key Messages o Stable Quarter performance - Growth , Asset Quality & Margin o Disbursements up 25% 1` ↑ QoQ o GS3 maintained at 3.9%, reflecting steady asset quality o NIMs resilient despite CoF pressures o PAT at Rs 899 Crs ↑ '` 63% YoY o Sustained Momentum on Diversification o SME
Slide 6: Key Business Indicators Q3FY25 vs Q3FY24
mahindra FINANCE Key Business Indicators Q3FY25 vs Q3FY24 Figs. In Rs. Cr L____J Growth % Disbursements Disbursements , . Business AUM , , Total Income , , =MI6 NIM 7% : 19% : : 19% : 16% 1,15,126 4,144 2,099 16,467 3,490 1,815 15,436 97,048 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 13
Slide 7: Key Business Indicators 9MFY25 vs 9MFY24
mahindra FINANCE Key Business Indicators 9MFY25 vs 9MFY24 Figs. In Rs. Cr L____i Growth % Disbursements Business AUM Total Income Total Income NIM 4% 19% 20% 17% 6,021 6,021 42,370 1,15,126 11,830 14 40,916 5,164 9,856 1 97,048 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25 12.9% 12.9% 6.7%
Slide 8: Overall Disbursements
mahindra FINANCE Overall Disbursements Asset Class Asset Class Q3FY25 Q3FY25 Q3FY24 Q3FY24 Q2FY25 Q2FY25 YoY YoY QoQ QoQ 9MFY25 9MFY25 9MFY24 9MFY24 YoY YoY (Rs. in (Rs. in Crores) Crores) Passenger Vehicles Passenger Vehicles 7,050 7,050 6,507 6,507 5,315 5,315 8% 8% 33% 33% 17,507 17,507 17,005 17
Slide 9: Margins: CoF remains elevated
mahindra FINANCE Margins : CoF remains elevated Change Chan QoQ% ge Change g As % As % of of Average Average Total Total Assets Assets Q3 F25 Q3 F25 Q2 F25 Q2 F25 Q3 FY24 Q3 FY24 QoQ% YoY%e y o y% Chan Yield % Yield % 13.1% 13.1% 12.9% 12.9% 0.2% 0.2% 13.1% 13.1% 0.0% 0.0% Loan Income Loan Income 11
Slide 10: GS3: Within range
mahindra FINANCE GS3: Within range Rs. Cr GS3 -– 4 yrs trendline GS3: Additions in Q3 F25 11.30% r 5.93% 3.97% 3.93% 4,309 216 4,525 7,223 4,589 3,852 4,525 Dec-21 Dec-21 Dec-22 Dec-23 Dec-24 Q2FY25 Additions Q3FY25 Credit cost 1,481 1,481 1,161 1,161 368 ...99 703 9 407 (434) 1,113 1,061 1,061 Prov
Slide 11: PCR change on account of LGD decline
ma h ind ra FINANCE i PCR change on account of LGD decline 2nd wave Covid 2nd 9,832 ------- GS-3 assets (Rs. Cr) ; +4k Cr ) •• Addition of -~4K 4K Cr to GS-3 ----- reference pool •• Much better recoveries eig 54651 54651 5,786 demonstrated in this incremental 4K Cr pool •• Resulting in lower LGD Per
Slide 12: Decline in Credit Cost
mahindra FINANCE Decline in Credit Cost on standalone basis Particulars Particulars FY22 FY22 FY23 FY23 FY24 FY24 9MFY24 9MFY25 9MFY24 9MFY25 Particulars Particulars Q3FY24 Q3FY24 Q3FY25 Q3FY25 GS-3 GS-3 7.7% 7.7% 4.5% 4.5% 3.4% 3.4% 4.0% 4.0% 3.9% 3.9% 'Or Credit Cost Credit Cost 1.2% 1.2% 0.0% 0.0
Slide 13: Strengthened Operations
mahinclm FINANCE Strengthened Operations Strengthened Senior •• Strengthened Senior Management Management -- CFO, CFO, Marketing Marketing Head Head appointed appointed > 4000 •• > 4000 Mahindra Finance employes Mahindra Finance employes certified for selling certified for Insurance selling Insuranc
Slide 14: Progress on Mission - 2025 Aspirations
mahindra FINANCE Progress on Mission - 2025 Aspirations What we said (Apr'22) (Apr’22) Where we are FY’25 FT25 9M’25 9M'25 FY’25 Pralidii Stable Asset Stable Asset GS3 < GS3 < 6.0% 6.0% • GS3 < GS3 < 4.0% 4.0% GS3 GS3 < < 4.0% 4.0% Quality Quality NIM -- 7.5% NIM 7.5% NIM -- 6.6% NIM 6.6% Credit Cos
Slide 15: Financial Information - Standalone
Providing Financial Solutions to Emerging India Executive Summary n Financial Information - Standalone n Subsidiary Financials n Company Overview n Business Strategy )) ESG & CSR )) mahinclra FINANCE
Slide 16: Key Financials (standalone)
mahinclm FINANCE Key Financials on standalone basis Disbursement Total Income Profit after Tax Q3 FY25 Rs. 16,467 crores Rs. 4,144 crores Rs. 899 crores Q3 FY24 7% Rs. 15,436 crores I 19% Rs. 3,490 crores 63% Rs. 553 crores Rs. 42,370 crores Rs. 11,830 crores Rs. 1,782 crores 9M FY25 4% 20% 56% 9M F
Slide 17: Distribution of Disbursements
mahindra FINANCE Distribution of Disbursements on standalone basis Asset Class Asset Class (Rs. (Rs. in in Crores) Crores) Q3FY25 Q3FY25 Q3FY24 Q3FY24 Y-o-Y Y-o-Y 9MFY25 9MFY25 9MFY24 9MFY24 Y-o-Y Y-o-Y FY24 FY24 Passenger vehicles Passenger vehicles 7,050 (43%) 7,050 (43%) 6,507 6,507 (42%) (42%) 8
Slide 18: Break down of Business Assets
mahindra FINANCE Break down of Business Assets on Standalone Basis Asset Claw- Asset Class 9MFY25 9MFY25 9MFY24 9MFY24 FY24 Passenger vehicles Passenger vehicles 41% 41% 39% 39% 39% 39% Commercial vehicles Commercial vehicles and and construction construction 22% 22% 23% 23% 23% 23% equipments equip
Slide 19: Distribution by Geography
mahindra FINA"'" Distribution by Geography on standalone basis Disbursement* Disbursement* Business Assets Business Assets Circle HQ Circle HQ Q3FY25 Q3FY25 Q3FY24 Q3FY24 Q3FY25 Q3FY25 Q3FY24 Q3FY24 0 Delhi Delhi 13.7% 13.7% 13.7% 13.7% 13.5% 13.5% 12.4% 12.4% Jaipur Jaipur 16.8% 16.8% 15.8% 15.8% 1
Slide 20: Spread Analysis - Steady
mahindra FINANCE Spread Analysis →Steady 4Steady Reduction in Write Offs on standalone basis Particulars Particulars Q3FY25 Q2FY25 Q2FY25 Q3FY24 A Q3FY24 9MFY25 9MFY25 9MFY24 9MFY24 . FY24 FY24 I Total Average Assets Income // Average Total Income Assets 13.1% 13.1% 12.9% 12.9% 13.1% 13.1% 12.9% 12.
Slide 21: Disbursements - Seasonal traction and improved coverage
mahindra FINANCE Disbursements → 4 Seasonal traction and improved coverage witnessed on standalone basis Historical Disbursements Historical Disbursements (Rs. (Rs. in in crores) crores) Q1 Q2 Q3 Q4 FY 12,741 12,741 13,162 13,162 16,467 16,467 FY 2025 FY 2025 - - (5% yoy) (5% yoy) (-1% yoy) (-1% yoy
Slide 22: Asset Quality - Overall Range-Bound
mahindra FINANCE Asset Quality → 4 Overall Range-Bound on standalone basis 4.5% Gross Stage-3 Net Stage-3 6.3% 4.0% 3.9% 6.0% 6.0% p 3.4% 5.0% 1.9% 2.0% II 1.5% 1.3% FY23 FY24 4 I FY24 Q3 FY25 Q3 FY23 FY24 FY24 Q3 FY25 Q3 Gross & Net Stage - 3 Gross Stage - 2 21
Slide 23: Balance Sheet - Adequately Capitalized
mahindra FINANCE Balance Sheet → 4 Adequately Capitalized Capital Adequacy Gross Stage-3 Stage 3 - Coverage Ratio 62.7% 63.2% 18.9% 4.0% 3.9% 59.5% 18.3% 3.8% 17.8% 50.1% 16.7% 3.4% (16.5%) (16.4%) (14.8%) (15.1%) Dec-23 Mar-24 Sep-24 Dec-24 Dec-23 Mar-24 Sep-24 Dec-24 Dec-23 Mar-24 Sep-24 Dec-24 I-
Slide 24: Growth Trajectory
mahindra FINANCE Growth Trajectory on standalone basis (1) (Rs. crores) Loan Book (1) Revenues (Rs. crores) 1,11,630 I 99,195 13,562 93,392 11,830 11,056 r 79,455 9,719 9,856 60,445 FY22 FY23 FY24 9M FY24 9M FY25 FY22 FY23 FY24 9M FY24 9M FY25 ) / Pre-Provisioning Operating Profit (Rs. crores) r 1,9
Slide 25: Financial Performance
mahindra FINANCE Financial Performance on standalone basis (1) (%) (2) (%) (%) r Cost to income ratio (1) Return on Assets (ROA) (2) 42.1% 41.4% 41.8% 41.0% 2.3% 35.8% 2.0% 1.7% 1.5% p i 1.3% II_ i FY22 FY23 FY24 9M FY24 9M FY25 j FY22 FY23 FY24 _ 9M FY24 9M FY25 r (2) (%) Return on Net Worth (RONW)
Slide 26: Standalone Profit & Loss Account
mahindra FINANCE Standalone Profit & Loss Account Particulars (Rs. Particulars (Rs. in in crores) crores) Q3FY25 Q3FY25 Q2FY25 Q2FY25 Q-o-Q Q-o-Q Q3FY24 Q3FY24 Y-o-Y Y-o-Y FY24 FY24 Revenue from Revenue from operations operations (A) (A) 4,143 4,143 3,897 3,897 6% 6% 3,454 3,454 20% 20% 13,404 13,40
Slide 27: Standalone Profit & Loss Account
mahindra FINANCE Standalone Profit & Loss Account Particulars (Rs. Particulars (Rs. in in crores) crores) 9MFY25 9MFY25 9MFY24 9MFY24 Y-o-Y Y-o-Y FY24 FY24 Revenue from Revenue from operations operations (A) (A) 11,763 11,763 9,750 9,750 21% 21% 13,404 13,404 Less: Finance Less: Finance cost cost (B
Slide 28: Standalone Balance Sheet
mahindra FINANCE Standalone Balance Sheet Particulars (Rs. Particulars (Rs. in in crores) crores) As on As on Dec Dec 31, 31, 2024 2024 As on As on Dec Dec 31, 2023 31, 2023 As on As on Mar Mar 31, 2024 31, 2024 ASSETS ASSETS Financial Asset Financial Asset a) Cash a) Cash and and cash cash equivale
Slide 29: Standalone Balance Sheet (Contd.)
mahindra FINANCE Standalone Balance Sheet (Contd.) Particulars (Rs. Particulars (Rs. in in crores) crores) As on As on Dec Dec 31, 31, 2024 2024 As on As on Dec Dec 31, 2023 31, 2023 As on As on Mar Mar 31, 2024 31, 2024 LIABILITIES AND LIABILITIES AND EQUITY EQUITY Financial Liabilities Financial L
Slide 30: Summary & Key Ratios
mahindra FINANCE Summary & Key Ratios on standalone basis Particulars Particulars 9MFY25 9MFY25 9MFY24 9MFY24 FY24 RONW (Avg. RONW Net Worth) (Avg. Net Worth) -- annualised annualised 12.7% 12.7% 8.8% 8.8% 10.0% 10.0% Debt // Equity Debt Equity 5.44:1 5.44:1 4.93:1 4.93:1 5.08:1 5.08:1 Capital Adequ
Slide 31: Stage 3 - Analysis
mahindra FINANCE Stage 3 - Analysis on standalone basis Particulars (Rs. Particulars (Rs. in in crores) crores) except except figures figures in in % % Dec 31, Dec 31, 2024 2024 Sep 30, Sep 30, 2024 2024 Dec 31, Dec 31, 2023 2023 Mar 31, Mar 31, 2024 2024 Mar 31, Mar 31, 2023 2023 Business Assets Bu
Slide 32: Credit Charge
mahindra FINANCE Credit Charge on standalone basis / Particulars (Rs. Particulars (Rs. in in crores) crores) Q3FY25 Q3FY25 Q2FY25 Q2FY25 Q3FY24 Q3FY24 I 9MFY25 9MFY25 9MFY24 9MFY24 I FY24 FY24 FY23 Stage-1 Provisions Stage-1 Provisions (31) (31) 25 25 (119) (119) (31) (31) 23 23 46 46 117 117 Stage-
Slide 33: Stage Wise Provisioning
mahindra FINANCE Stage Wise Provisioning on standalone basis Stage-Wise Assets and Provisioning As on As on 31st 31st Dec Dec 2024 2024 As on As on 30th 30th Sep Sep 2024 2024 As on As on 31st 31st Mar Mar 2024 2024 Rs. in Rs. in crores crores Business Assets Business Assets Provisions & Provisions
Slide 34: Broad Based Liability Mix
mahindra FINANCE Broad Based Liability Mix on standalone basis Funding Mix by Investor Category Funding Mix by type of Instrument Dec’ 24 Dec' 24 Sep’ 24 Sep' 24 Dec’23 Dec'23 Dec’ 24 Dec' 24 Sep’ 24 Sep' 24 Dec’23 Dec'23 Investor Type ........... • 7r,„,w Instrument Type ....0.. M. I. Amount Amount
Slide 35: ALM Position and Liability Maturity
mahindra FINANCE ALM Position and Liability Maturity All figures figures in Rs. crores 0. 111111. 1,40,000 111 ,40,000 280% Cumulative Inflow Cumulative Outflow 44-* Cumulative Mismatch% i 1,21,011 1,21,011 1,20,000 240% 1,02,643 1,04,122 1,00,000 91,307 200% i 80,000 160% 60,000 48,609 120% 39,060
Slide 36: Financial Information - Consolidated
Providing Financial Solutions to Emerging India Executive Summary n Financial Information - Consolidated n Subsidiary Financials n Company Overview n Business Strategy n ESG & CSR )) mahinclra FINANCE
Slide 37: Key Financials (consolidated)
mahinclm FINANCE Key Financials on consolidated basis Disbursement Total Income Profit after Tax Q3 FY25 Rs. 17,168 crores Rs. 4,799 crores Rs. 918 crores Q3 FY24 7% Rs. 16,094 crores I 16% Rs. 4,137 crores 47% Rs. 623 crores Rs. 44,413 crores Rs. 13,634 crores Rs. 1,805 crores 9M FY25 5% 17% 42% 9M
Slide 38: Consolidated Profit & Loss Account
mahindra FINANCE Consolidated Profit & Loss Account Particulars (Rs. Particulars (Rs. in in crores) crores) Q3 FY25 Q3 FY25 Q2 FY25 Q2 FY25 Q-o-Q Q-o-Q Q3 FY24 Q3 FY24 Y-o-Y Y-o-Y FY24 FY24 a Revenue from Revenue from operations operations (A) (A) 4,797 4,797 4,465 4,465 7% 7% 4,100 4,100 17% 17% 15
Slide 39: Consolidated Profit & Loss Account
mahindra FINANCE Consolidated Profit & Loss Account Particulars (Rs. Particulars (Rs. in in crores) crores) 9MFY25 9MFY25 9MFY24 9MFY24 Y-o-Y Y-o-Y FY24 FY24 Revenue from Revenue from operations operations (A) (A) 13,577 13,577 11,517 11,517 18% 18% 15,797 15,797 Less: Finance Less: Finance cost cos
Slide 40: Consolidated Balance Sheet
mahindra FINANCE Consolidated Balance Sheet Particulars (Rs. Particulars (Rs. in in crores) crores) As on As on Dec Dec 31, 31, 2024 2024 As on As on Dec Dec 31, 31, 2023 2023 As on As on Mar Mar 31, 2024 31, 2024 ASSETS ASSETS Financial Asset Financial Asset a) Cash a) Cash and and cash cash equiva
Slide 41: Consolidated Balance Sheet (Contd.)
mahindra FINANCE Consolidated Balance Sheet (Contd.) Particulars (Rs. Particulars (Rs. in in crores) crores) As on As on Dec Dec 31, 2024 31, 2024 As on As on Dec Dec 31, 31, 2023 2023 As on As on Mar Mar 31, 31, 2024 2024 LIABILITIES AND LIABILITIES AND EQUITY EQUITY Financial Liabilities Financial
Slide 42: Subsidiary Financials
Providing Financial Solutions to Emerging India Executive Summary n Financial Information )) Subsidiary Financials 1_ Company Overview n Business Strategy n ESG & CSR )) mahinclra FINANCE
Slide 43: Mahindra Rural Housing Finance Limited
mahindra FINANCE Mahindra Rural Housing Finance Limited Year ended Year ended Particulars (Rs. Particulars (Rs. in in crores) crores) Q3FY25 Q3FY25 Q3FY24 Q3FY24 9MFY25 9 9MFY24 9MFY24 March -24 March -24 Loans disbursed Loans disbursed 483 483 554 554 1,479 1,479 1,325 1,325 2,071 2,071 Loans & Loa
Slide 44: Mahindra Insurance Brokers Limited
mahindra FINANCE Mahindra Insurance Brokers Limited Year ended Year ended Particulars (Rs. Particulars (Rs. In in crores) crores) Q3FY25 Q3FY24 Q3FY24 9MFY25 9MFY25 9MFY24 9MFY24 March -24 March -24 Gross Premium Gross Premium 1,361 1,361 1,144 1,144 3,371 3,371 3,157 3,157 4,556 4,556 Total income
Slide 45: Mahindra Ideal Finance Limited
mahindra FINANCE Mahindra Ideal Finance Limited Year ended Year ended Particulars (in Particulars (in LKR LKR Mn) Mn) Q3FY25 Q3FY25 Q3FY24 Q3FY24 9MFY25 9. 9MFY24 9MFY24 March -24 March -24 Loans disbursed Loans disbursed 7,726 4,073 4,073 20,044 9,036 9,036 13,941 13,941 Loans & Loans & Advances Ad
Slide 46: Company Overview
Providing Financial Solutions to Emerging India Executive Summary n Financial Information n Subsidiary Financials n Company Overview Business Strategy n ESG & CSR )) mahinclra FINANCE
Slide 47: Company Background
mahinclm FINANCE Company Background Parentage Mahindra & Mahindra Financial Services Limited ("MMFSL") (“MMFSL”) is a subsidiary of Mahindra and Mahindra Limited (M.Cap: Rs 3.52 trillion)* About MMFSL India’s leading non-banking finance companies focused in the rural and semi-urban sector MMFSL (M.C
Slide 48: MMFSL Group Structure
mahindra FINANCE MMFSL Group Structure mahindra Mahindra & Mahindra Limited 52.16% 52.16%—r mahindra FINANCE Mahindra & Mahindra Financial Services Limited .1 V 100%(1)) l00%(1 98.43%(2) 98.43%(2) 49% 51%(3) 51%(3) 51% (3) 51%(3) 58.2% (4) 58.2%(4) Mahindra Insurance Mahindra Rural Mahindra Finance
Slide 49: Our Journey
mahindra FINP'ut" Our Journey Long term debt ( Partnered with rating upgraded to r Manulife for Mutual Equity AAA by India Fund business participation of Ratings and 12.5%by NHB in Brickwork. I Maiden Retail Invested in Ideal MRHFL QIP Issue of Rs. Received Corporate NCD Issue of Rs. Finance for pro
Slide 50: Shareholding Pattern (as on December 31, 2024)
mahindra FINANCE Shareholding Pattern (as on December 31, 2024) Shareholding Pattern Top 10 Public Shareholders 6.14% 6.14% ▪■ Life Insurance Corporation of India ▪■ HDFC Mutual Fund ▪■ SBI Mutual Fund 31.16% 31.16% ▪■ HDFC Life Insurance Company Limited 52.16% 52.16% ▪■ Kotak Mahindra Mutual Fund ▪
Slide 51: Extensive Branch Network
mahindra FINP'"#" Extensive Branch Network ▪• Extensive branch Extensive branch network network with with presence presence in in 27 27 states and 7 states and 7 union union Coverage (Circle Coverage (Circle HQ) HQ) territories in India territories in India through through 1,375 1,375 offices office
Slide 52: Diversified Product Portfolio
mahindra FINANCE Diversified Product Portfolio • %k2 %% Small Business s_ _ 111111111 0 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
Slide 53: Credit Rating
mahindra FINANCE Credit Rating India Ratings Outlook Outlookillj Long term Issuer Rating; Bank Facility; Non-Convertible Debenture (incl. MLD) and Subordinated debt; Fixed Deposit i IND AAA IND PP-MLD AAA Stable Short term Bank Facility & Commercial Paper ] INDA1+ IND A1+ CRISIL iil l - Outlook „Il
Slide 54: Business Strategy
Providing Financial Solutions to Emerging India Executive Summary n Financial Information n Subsidiary Financials n Company Overview n Business Strategy A. ESG & CSR )) mahinclra FINANCE
Slide 55: Vision and Customer Focus
mahindra FINANCE Vision “Leading Leading and Responsible Financial Solutions Partner of of Choice for for Emerging India" India” Our DNA Mantra Our Mant c) 1,350++ Branches 1,350 6,000+ Dealers Bharat ke Bharat ke PAAS PAAS Bharat ke Bharat ke SAATH SAATH Scale 01,,r 10+ OEMs 100K Cr AUM-FY'24 AUM
Slide 56: Building core capabilities to deliver commitments
mahindra FINANCE Building core capabilities to deliver commitments Growth & Growth & ( Asset Quality Asset Quality Profitability Profitability Tech & Tech & Digital Digital Human Capital Human Capital Resilient Org. Resilient Org. Diversification Diversification Risk Risk Wheels Wheels Augment Yield
Slide 57: ESG & CSR
Providing Financial Solutions to Emerging India Executive Summary n Financial Information n Subsidiary Financials n Company Overview n Business Strategy n ESG & CSR 1A mahindra FINANCE
Slide 58: Dhan Samvaad - CSR Flagship Program
mahindra FINANCE “Dhan Samvaad" "Dhan Samvaad” - CSR Flagship Program 1,00,000 40%* 1.8 lakh Individuals Trained Linked to Government Social FY‘25 Targeted by FY'25 till Jan ‘25 '25 schemes & Digi Locker o Launched Dhan Samvaad for "Financial “Financial & Digital Literacy", Literacy”, to impact 1 Mn
Slide 59: CSR Impact
mahindra FINANCE CSR Impact >14,630 36,000 3000+ 500 Girls assisted for elementary Women Skilled through Mahindra underprivileged students assisted women to be trained in driving education - Nanhi Kali Program Pride program with educational scholarship E-Rickshaw & securing licenses NCI 4 711114r "‘
Slide 60: CSR Awards
mahindra FINANCE CSR Awards mahinclra FINANCE ma, llindFa FINANCE mallindra FINANCE Mahindra Finance Mahindra Finance has been honoured with the PROUD MOMENT FOR CSR Project of the Year Award 2023-24 MAHINDRA FINANCE AT THE • 011.1...... shines bright at the prestigious for its flagship program "Swa
Slide 61: Thank You
Providing Financial Solutions to Emerging India Thank You mahindra FINANCE
Mahindra & Mahindra Financial Services — Q3 FY2025 Earnings Presentation on 6ix