Mahindra & Mahindra Financial Services Ltd. · NSE:M&MFIN
Mahindra & Mahindra Financial Services — Investor Day (November 2025)
16 slides from Mahindra & Mahindra Financial Services's investor day presentation, Nov 20, 2025
Slide 1: Exchange filing letter for Investor Day presentation
20th November 2025 To, BSE Limited, (Scrip Code: 532720) Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 National Stock Exchange of India Ltd., (Symbol: M&MFIN) Exchange Plaza, 5th Floor, Plot No. C/1, “G” Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051. Dear Sir/Madam,
Slide 2: Mahindra Finance Investor Day
mahindra™* INVESTOR Day MAHINDRA FINANCE
Slide 3: Aspiration: Most Trusted Financial Services provider for Bharat
Mahindra Finance ASPIRATION Most Trusted Financial Services provider for Bharat Relevance Reach Reputation 5X Growth in AUM in this decade
Slide 4: Our Journey (1/2)
Our Journey (1/2) FY 2005 – 2015 FY 2015 – 2022 FY 2022 – 2025 RUSU Leadership: Challenges: Rebuild: Strong and Differentiated Technology and Risk Asset Quality, Ops, Tech, Controls • Rural and semi-urban acumen • Volatility in asset quality • Strengthened asset quality • Pan India distribution • Te
Slide 5: Our Journey (2/2)
Our Journey (2/2) FY 2005 – 2015 FY 2015 – 2022 FY 2022 – 2025 Legacy: Challenges: Rebuild: Asset Quality, Strong and Differentiated Technology and Risk Ops, Tech, Controls AUM CAGR: 27% AUM CAGR: 9% AUM CAGR: 23% 18.8 15.7 15.1 14.8 14.2 14.0 13.8 12.7 10.7 10.7 119 8.4 7.7 7.6 6.4 9.0 103 90+ DPD
Slide 6: Today
Today Leadership Stabilized Asset Quality Revamped CX Strong Management 7.7 95%+ Pin codes served 8.0 7.5 7.0 Digital onboarding 6.5 6.0 5.5 5.0 4.5 3.7 2.5M+ Live customers 4.0 3.5 GS-3 % Straight through 3.0 2.5 2.0 processing 1.5 1.0 0.5 0.0 FY22 FY23 FY24 FY25
Slide 7: Pivot to Profitable and Stable Growth – Priorities
Pivot to Profitable and Stable Growth – Priorities Capitalize on leadership in Balance growth and Diversify into Cross-sell with focus Enhance Ops tractor financing margins for Auto and CV Mortgages and SME on fee income excellence with AI
Slide 8: Capitalize on Leadership in Tractor Financing
Capitalize on Leadership in Tractor Financing Grow leaderboard dominance Plan: Expand share profitably Leverage ecosystem synergies Grow used / refinance #1 Expand geography coverage Improve implements/agri machinery lending
Slide 9: Balance Growth and Margins for Auto and CV
Balance Growth and Margins for Auto and CV Auto & CV* leadership Plan: Balance growth and margins Grow profitable customer segments Leverage distribution for Co-lending Top 4 ease Used/Refinance U, servicing capabilities Top 3 Increase Used/Refinance Improved U/W, servicing capabilities * CV include
Slide 10: Diversify into Mortgage and SME
Scale Affordable housing Scale Affordable housing Diversify into Mortgage and SME Mortgages [H1F26 AUM: ~INR 7K cr] SME Lending [H1F26 AUM: ~INR 7K cr] Scale affordable housing Secured led product growth Build profitable prime mortgage Loan against property (LAP) dominant in mix Leverage M&M and MMF
Slide 11: Cross-sell with Focus on Fee Income
Cross-sell with Focus on Fee Income Insurance Investments Personal Loan Life Fixed Deposits Live base Motor Mutual funds Mature base Health Propensity D2C journey Branch, Call Partnerships models center
Slide 12: Enhance Ops Excellence with AI
Enhance Ops Excellence with AI Deepening.AI CPC.AI Collections.AI 8 vernacular voice agents Deploy Vision AI toolkits AI assisted allocation and outreach strategy Hyper personalized offer discovery AI led document classification, extraction & validation 11 vernacular voice agents for reminders Agent
Slide 13: Pivot to Profitable and Stable Growth
Pivot to Profitable and Stable Growth 18% - 20% 1.3% - 1.7% 2.2% - 2.5% AUM Growth Credit Cost RoA Capitalize on leadership in Balance growth and Diversify into Cross-sell with focus Enhance Ops tractor financing margins for Auto and CV Mortgages and SME on fee income excellence with AI
Slide 14: Seasoned Leadership
Seasoned Leadership Group Expertise MAHESH RAJARAMAN PRADEEP AGRAWAL SANDEEP MANDREKAR DEEPA RANJEET PARAG RAO Chief Risk Officer CFO CBO– Wheels Chief Digital Officer Growth Leader MOHIT KAPOOR MANISH SINHA MOD NARAYAN SINGH KETAKI SUKLIKAR Group CTO CHRO Chief Compliance Officer Chief Legal Office
Slide 15: Aspiration: Most Trusted Financial Services provider for Bharat
Mahindra Finance ASPIRATION Most Trusted Financial Services provider for Bharat Relevance Reach Reputation 5X Growth in AUM in this decade
Slide 16: Rise
Rise mahindra mahindra“
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