Mahindra & Mahindra Financial Services Ltd. · NSE:M&MFIN
Mahindra & Mahindra Financial Services — Q4 FY2026 Earnings Presentation
63 slides from Mahindra & Mahindra Financial Services's earnings presentation, Apr 24, 2026
Slide 1: Exchange filing cover letter for earnings presentation
24th April 2026 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, S
Slide 2: Result Update Quarter ended Mar'26 (Q4FY26)
Mahindra & Mahindra Financial Services Limited Result Update Quarter ended Mar’26 (Q4FY26) 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 F26
Key Messages F26 Visible step-up in Business Transformation Asset quality stabilized Strengthened to Scale profitability through Digital and AI PAT up 19% for F26; 55% Q4F26 100% onboarding, 100% GS3 at 3.4% Investments in controls, place- (PAT up 30% F26; 84% Q4F26 collections GS2 +GS3 (8.2%) lowes
Slide 6: Visible step-up in profitability
Visible step-up in profitability Business Transformation Asset quality stabilized Strengthened to Scale Visible step-up in profitability 1 Q4F26 ROA is 2.4% vs 1.7% in Q4F25; F26 is 2.0% compared to 1.9% in F25 Q4 PAT grew 55% YoY to ₹ 873 cr, and F26 increased 19% YoY to ₹ 2,782 cr after labor code
Slide 7: Business Transformation through Digital and AI
Visible step-up in profitability Business Transformation Asset quality stabilized Strengthened to Scale Business Transformation through Digital and AI 1 ₹ 31,500 cr disbursement in F26 through Udaan digital stack 2 ~40% of applications approved via Straight through process (STP) 3 80% faster post sa
Slide 8: Asset quality stabilized
Visible step-up in profitability Business Transformation Asset quality stabilized Strengthened to Scale Asset quality stabilized 1 GS3 at 3.4%, down 39 bps QoQ and 27 bps YOY 2 GS2+GS3 at 8.2%, down 103 bps QoQ and 95 bps YOY Credit cost at 1.5% for Q4F26 (incl. overlays) vs 1.4% Q4F25 3 Credit cost
Slide 9: Strengthened to Scale
Visible step-up in profitability Business Transformation Asset quality stabilized Strengthened to Scale Strengthened to Scale 1 Tractor disbursements up 63% YoY for Q4F26 and 49% for F26, Capturing Bharat tailwinds 2 Mortgages equipped to scale; early wins, AUM growth 21% YoY and GS3 2.4% 3 MSME equ
Slide 10: Q4F26 Financial Highlights
Q4F26 Financial Highlights on standalone basis Q4 Disbursement Asset quality: GS2+GS3 <10% Rs 17,184 crore v/s Rs 15,530 crore 10.2 10.2 9.7 9.1 9.7 9.7 9.2 8.2 YoY 11% Q1 F25 Q2 F25 Q3 F25 Q4 F25 Q1 F26 Q2 F26 Q3 F26 Q4 F26 AUM (Business Assets) Rs 1,34,096 crore v/s Rs 1,19,673 crore Stage-3 @3.4
Slide 11: Key Business Indicators Q4FY26 vs Q4FY25
Key Business Indicators Q4FY26 vs Q4FY25 Figs. In ₹ Cr Growth % Disbursements Business AUM Total Income NIM 11% 12% 13% 27% 17,184 4,810 2,739 1,34,096 4,245 15,530 1,19,673 2,156 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 12.9% 13.2% 6.5% 7.5% Total Opex PPOP Credit Cost PAT 8% 42% 23%
Slide 12: Key Business Indicators FY26 vs FY25
Key Business Indicators FY26 vs FY25 Figs. In ₹ Cr Growth % Disbursements Business AUM Total Income NIM 6% 12% 15% 24% 10,108 57,900 61,118 1,34,096 8,176 1,19,673 18,500 16,075 FY25 FY26 FY25 FY26 FY25 FY26 FY25 FY26 12.8% 13.1% 6.5% 7.1% Total Opex PPOP Credit Cost PAT 14% 31% 51% 19% 3,877 6,231
Slide 13: Spread & RoA Tree
Spread & RoA Tree on standalone basis Particulars Q4FY26 Q3FY26 Q4FY25 FY25 F26 Total Income / Average Assets 13.2% 13.5% 12.9% 12.8% 13.1% - Loan Income 11.8% 12.0% 11.6% 11.7% 11.6% - Fee, Investment & Other Income 1.5% 1.5% 1.3% 1.1% 1.4% Interest cost / Average Assets 5.7% 6.0% 6.3% 6.3% 5.9% Gr
Slide 14: Overall Disbursements and Book
Overall Disbursements and Book Figs. In ₹ Cr Disbursement AUM Product Wise Q4 FY26 YoY% QoQ% YoY% QoQ% Tractor 2,034 63% (37%) 28% 5% Pre-Owned Vehicle 3,044 17% 24% 10% 6% PV 6,910 15% (3%) 14% 4% CV & CE 3,052 (16%) 3% 1% 1% 3-Wheeler 445 (25%) (16%) (6%) (3%) SME 1,066 6% 46% 32% 10% Others*^ 633
Slide 15: GS-3: Within guided range
GS-3 : Within guided range Figs. In ₹ Cr GS3 – Trendline GS2 – Trendline -84 bps -64bps 3.97% 3.93% -24 bps -39 bps 5.99% 5.03% 6.28% 5.40% 5.44% 4.76% 3.80% 3.69% 3.40% 3.41% 3,852 3,491 4,525 4,414 4,905 4,578 5,814 5,160 7,234 6,512 6,966 6,390 Dec-23 Mar-24 Dec-24 Mar-25 Dec-25 Mar-26 Dec-23 Mar
Slide 16: Credit Cost: Break down
Credit Cost: Break down on standalone basis Particulars FY25 FY26 Q3FY25 Q4FY25 Q3FY26 Q4FY26 GS-3 (%) 3.7% 3.4% 3.9% 3.7% 3.8% 3.4% Credit Cost (%) 1.3% 1.7% [1.6%] 0.0% 1.4% 1.3% 1.5% [0.9%] Provision (%) 0.0% 0.3% [0.2%] (1.4%) (0.1%) (0.4%) 0.2% [-0.4%] GS-3 Coverage (%) 51.2% 58.6% [53.8%] 50.1
Slide 17: Progressing with Prudence
Progressing with Prudence 1 Proactive Measures Enhanced monitoring o Management Overlays (Q4F26 : ₹ 217 cr) o Elevated Liquidity chest 2 o Strengthening collections intensity Active Scenario Planning 16
Slide 18: Key Priorities
Key Priorities Defend and grow Grow Mortgages, Steady progress Sustain risk levels wheels SME, leasing, and on growth and (asset quality, leadership fee income margins credit costs) Continue to build a resilient operating model Efficiency gains – Data, Digital, AI in Achieve stronger Sales, underwri
Slide 19: Subsidiaries & Associates Highlights – F26
Subsidiaries & Associates Highlights –F26 Figs. In ₹ Cr MRHFL F25 F26 Growth MIFL, Sri Lanka F25 F26 Growth Net Loan Book 6,894 8,320 21% Loan Assets 428 806 89% Loans Disbursed 2022 3171 57% Loans Disbursed 826 1,663 101% Total Income 1197 1175 -2% Total Income 78 124 59% PAT (228) 58 NA PAT 4 14 2
Slide 20: Financial Information - Standalone
Providing Financial Solutions to Bharat Executive Summary Financial Information - Standalone Subsidiary Financials Company Overview ESG & CSR
Slide 21: Distribution of Disbursements
Distribution of Disbursements All figures in ₹ crore on standalone basis Product Wise Q4 FY26 Q4 FY25 YoY FY26 FY25 YoY PV 6,910 (40%) 6,021 (39%) 15% 24,614 (40%) 23,527 (41%) 5% Pre-Owned Vehicle 3,044 (18%) 2,612 (17%) 17% 10,151 (17%) 9,468 (17%) 7% CV & CE 3,052 (18%) 3,649 (23%) -16% 10,665 (1
Slide 22: Break down of Business Assets
Break down of Business Assets on Standalone Basis Asset Class FY26 FY25 FY24 Passenger vehicles 41.3% 40.6% 39.3% Commercial vehicles and construction 20.0% 22.3% 22.9% equipments Pre-owned vehicles 12.5% 12.8% 13.1% Tractors 12.2% 10.7% 11.4% SME 6.0% 5.1% 4.7% 3 Wheelers 3.2% 3.8% 3.8% Others* 4.8
Slide 23: Distribution by Geography
Distribution by Geography on standalone basis Disbursement* Business Assets Circle HQ Q4 FY26 Q4 FY25 Q4 FY26 Q4 FY25 Delhi 14.1% 14.6% 13.9% 13.8% Jaipur 15.6% 15.7% 14.9% 14.8% Lucknow 18.8% 17.7% 17.9% 17.7% Thane 18.7% 18.5% 20.0% 19.0% Chennai 12.1% 11.9% 11.8% 12.0% Hyderabad 11.2% 12.8% 12.0%
Slide 24: Disbursements → Steady YoY
Disbursements → Steady YoY on standalone basis Historical Disbursements (Rs. in crore) Q1 Q2 Q3 Q4 FY 12,808 13,514 17,612 17,184 61,118 FY 2026 (1% yoy) (3% yoy) (7% yoy) (11%yoy) (6%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
Slide 25: Asset Quality → Overall Range-Bound
Asset Quality → Overall Range-Bound on standalone basis Gross Stage-3 Net Stage-3 4.5% 6.0% 3.7% 5.4% 3.4% 3.4% 5.0% 4.8% 1.9% 1.8% 1.3% 1.4% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Gross & Net Stage - 3 Gross Stage - 2 24
Slide 26: Balance Sheet → Adequately Capitalized
Balance Sheet → Adequately Capitalized Capital Adequacy Gross Stage-3 Stage 3 - Coverage Ratio 3.8% 63.2% 3.7% 19.8% 58.6% 3.4% 3.4% 18.9% 18.8% 53.0% 18.3% 51.2% (16.4%) (15.2%) (17.4%) (16.7%) Mar-24 Mar-25 Dec-25 Mar-26 Mar-24 Mar-25 Dec-25 Mar-26 Mar-24 Mar-25 Dec-25 Mar-26 (Tier I- %) Adequatel
Slide 27: Growth Trajectory
Growth Trajectory on standalone basis Loan Book (1) (Rs. crore) Revenues (Rs. crore) 12% 1,30,160 18,500 1,16,214 16,075 15% 99,195 13,562 79,455 11,056 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Pre-Provisioning Operating Profit (Rs. crore) Profit after Tax (2) (Rs. crore) 6,231 2,782 31% 19% 4,765 2,
Slide 28: Financial Performance
Financial Performance on standalone basis Cost to income ratio (1) (%) Return on Assets (ROA) (2) (%) 42.1% 41.4% 41.7% 2.3% 38.4% 1.9% 2.0% 1.7% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Return on Net Worth (RONW) (2) (%) Asset Quality (%) 4.5% Gross Stage-3 Net Stage-3 3.7% 3.4% 3.4% 12.1% 12.4% 12.
Slide 29: Standalone Profit & Loss Account
Standalone Profit & Loss Account Particulars (Rs. in crore) Q4FY26 Q3FY26 Q-o-Q Q4FY25 Y-o-Y FY25 Revenue from operations (A) 4,800 4,754 1% 4,241 13% 16,019 Less: Finance cost (B) 2,071 2,103 -2% 2,090 -1% 7,898 NII (C= A-B) 2,729 2,651 3% 2,151 27% 8,121 Other Income (D) 10 10 5% 4 136% 56 Total I
Slide 30: Standalone Profit & Loss Account
Standalone Profit & Loss Account Particulars (Rs. in crore) FY26 FY25 Y-o-Y FY24 Revenue from operations (A) 18,446 16,019 15% 13,407 Less: Finance cost (B) 8,392 7,898 6% 6,427 NII (C= A-B) 10,054 8,121 24% 6,980 Other Income (D) 55 56 (2%) 155 Total Income (E=C+D) 10,108 8,176 24% 7,135 Employee b
Slide 31: Standalone Balance Sheet
Standalone Balance Sheet Particulars (Rs. in crore) As on Mar 31, 2026 As on Mar 31, 2025 As on Mar 31, 2024 ASSETS Financial Asset a) Cash and cash equivalents 391 1,667 311 b) Bank balance other than (a) above 6,949 3,869 2,956 c) Derivative financial instruments 403 31 - d) Trade Receivables 86 5
Slide 32: Standalone Balance Sheet (Contd.)
Standalone Balance Sheet (Contd.) Particulars (Rs. in crore) As on Mar 31, 2026 As on Mar 31, 2025 As on Mar 31, 2024 LIABILITIES AND EQUITY Financial Liabilities a) Derivative financial instruments 7 390 335 b) Payables i) Trade payables 856 1,209 1,459 ii) Other payables 40 20 65 c) Debt Securitie
Slide 33: Summary & Key Ratios
Summary & Key Ratios on standalone basis Particulars FY26 FY25 FY24 RONW (Avg. Net Worth) - annualised 12.5% 12.4% 10.0% Debt / Equity 4.86:1 5.70:1 5.18:1 Capital Adequacy 18.8% 18.3% 18.9% Tier I 16.7% 15.2% 16.4% Tier II 2.2% 3.1% 2.5% EPS (Basic) (Rs.) 20.35 18.43 14.26 Book Value (Rs.) 178.1 16
Slide 34: Stage 3 - Analysis
Stage 3 - Analysis on standalone basis Particulars (Rs. in crore) except figures in % Mar 31, 2026 Dec 31, 2025 Mar 31, 2025 Mar 31, 2024 Business Assets (including Provisions) 1,34,096 1,28,965 1,19,673 1,02,597 Gross Stage 3 4,578 4,905 4,414 3,491 Less: Stage 3 ECL Provisions 2,681 2,600 2,258 2,
Slide 35: Credit Charge
Credit Charge on standalone basis Particulars (Rs. in crore) Q4FY26 Q3FY26 Q4FY25 FY26 FY25 FY24 Stage-1 Provisions 27 27 25 149 (7) 46 Stage-2 Provisions (47) (132) (56) (89) 12 67 Stage-3 Provisions 80 (54) (9) 422 53 (5) Provisions – P&L Charge 61 (158) (40) 482 59 108 Write-Offs 499 628 498 1,95
Slide 36: Stage Wise Provisioning
Stage Wise Provisioning on standalone basis Stage-Wise Assets and Provisioning As on 31st Mar 2026 As on 31st Dec 2025 As on 31st Mar 2025 Rs. in crore Business Assets Provisions & Business Assets Provisions & Business Assets Provisions & (Amount and %) Coverage (Amount and %) Coverage (Amount and %
Slide 37: Broad Based Liability Mix
Broad Based Liability Mix on standalone basis Funding Mix by Investor Category Funding Mix by type of Instrument Mar’26 Dec’ 25 Mar’25 Mar’26 Dec’ 25 Mar’25 Investor Type Instrument Type Amount % Share % Share % Share Amount % Share % Share % Share Banks / Financial NCDs 21,391 18.1% 20.2% 22.6% 76,
Slide 38: ALM Position and Liability Maturity
ALM Position and Liability Maturity All figures in ₹ crore 1,60,000 1,46,250 Cumulative Inflow Cumulative Outflow Cumulative Mismatch% 1,40,000 400% 1,22,936 1,22,982 1,20,000 1,14,864 300% 1,00,000 80,000 63,687 61,896 200% 60,000 41,851 40,000 30,450 24,174 34,756 25,100 100% 20,307 16,124 20,000
Slide 39: Financial Information - Consolidated
Providing Financial Solutions to Bharat Executive Summary Financial Information - Consolidated Subsidiary Financials Company Overview ESG & CSR
Slide 40: Key Financials
Key Financials on consolidated basis Disbursements Total Income PAT 16% 14% 106% 18,919 5,560 940 16,328 4,897 456 Q4FY25 Q4FY26 Q4FY25 Q4FY26 Q4FY25 Q4FY26 9% 14% 27% 65,986 21,087 2,861* 60,741 18,530 2,261 FY25 FY26 FY25 FY26 FY25 FY26 39 Figs. In Rs. Cr Growth % Post labour code impact
Slide 41: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account Particulars (Rs. in crore) Q4 FY26 Q3 FY26 Q-o-Q Q4 FY25 Y-o-Y Revenue from operations (A) 5,539 5,450 2% 4,886 13% Less: Finance cost (B) 2,220 2,236 (1%) 2,218 0% NII (C= A-B) 3,319 3,214 3% 2,668 24% Other Income (D) 21 14 44% 11 85% Total Income (E=C+D) 3,340 3
Slide 42: Consolidated Profit & Loss Account
Consolidated Profit & Loss Account Particulars (Rs. in crore) FY26 FY25 Y-o-Y FY24 Revenue from operations (A) 21,005 18,463 14% 15,797 Less: Finance cost (B) 8,934 8,415 6% 6,959 NII (C= A-B) 12,072 10,048 20% 8,838 Other Income (D) 81 67 21% 173 Total Income (E=C+D) 12,153 10,115 20% 9,011 Employe
Slide 43: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (Rs. in crore) As on Mar 31, 2026 As on Mar 31, 2025 As on Mar 31, 2024 ASSETS Financial Asset a) Cash and cash equivalents 465 1,830 904 b) Bank balance other than (a) above 7,103 4,017 3,172 c) Derivative financial instruments 403 31 d) Trade Receivables 326
Slide 44: Consolidated Balance Sheet (Contd.)
Consolidated Balance Sheet (Contd.) Particulars (Rs. in crore) As on Mar 31, 2026 As on Mar 31, 2025 As on Mar 31, 2024 LIABILITIES AND EQUITY Financial Liabilities a) Derivative financial instruments 7 392 335 b) Payables i) Trade payables 1,142 1,441 1,679 ii) Other payables 40 21 65 c) Debt Secur
Slide 45: Subsidiary Financials
Providing Financial Solutions to Bharat Executive Summary Financial Information Subsidiary Financials Company Overview ESG & CSR
Slide 46: Mahindra Rural Housing Finance Limited
Mahindra Rural Housing Finance Limited Particulars (Rs. in crore) Q4FY26 Q4FY25 FY26 FY25 F24 Loans disbursed 1215 543 3171 2,022 2,071 Loans & Advances (net) 8320 6,894 8320 6,894 6,933 Total income 313 296 1175 1,197 1,294 PBT 51 (204) 78 (305) 5 PAT 38 (152) 58 (228) 4 Net-worth 1313 1,260 1313 1
Slide 47: Mahindra Insurance Brokers Limited
Mahindra Insurance Brokers Limited Particulars (Rs. in crore) Q4FY26 Q4FY25 FY26 FY25 FY24 Net Premium 1,392 1,151 4,590 4,016 3,854 Total income 437 343 1,497 1,240 1,095 PBT 54 37 157 124 168 PAT 40 27 114 89 124 No. of employees (nos.) 432 589 432 589 725 ▪ Business Area: Licensed by IRDAI for un
Slide 48: Mahindra Ideal Finance Limited
Mahindra Ideal Finance Limited Particulars (in LKR Mn) Q4FY26 Q4FY25 FY26 FY25 FY24 Loans disbursed 17,723 8,985 57,608 29,473 13.941 Loans & Advances (net) 26,946 14,803 26,946 14,803 8,543 Total income 1,276 775 4,262 2,741 2309 PBT* 339 178 1,093 433 334 PAT 158 69 478 146 103 Net-worth 3,561 3,0
Slide 49: Company Overview
Providing Financial Solutions to Bharat Executive Summary Financial Information Subsidiary Financials Company Overview ESG & CSR
Slide 50: Company Background
Company Background Parentage Mahindra & Mahindra Financial Services Limited (“MMFSL”) is a subsidiary of Mahindra and Mahindra Limited (M.Cap: Rs 3.79 trillion)* About MMFSL MMFSL (M.Cap: Rs 413 billion)*, one of India’s leading non-banking finance companies focused in the rural and semi-urban secto
Slide 51: Vision
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 12M+ Customers Accessible Right Offering 134K Cr AUM Timely Trust Customer Customer Offerings Wheels MSME LAP/HL PL I
Slide 52: 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 53: 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 crore. Rights Issue of Registration Resources Pvt. Ltd. received from SEBI Rs. 2,996 crore Recommenced QIP Issuance : Rights Issue of Fixed Deposit b
Slide 54: Shareholding Pattern (as on March 31, 2026)
Shareholding Pattern (as on March 31, 2026) Shareholding Pattern Top 10 Public Shareholders 5.99% ▪ Life Insurance Corporation of India ▪ SBI Mutual Fund ▪ HDFC Mutual Fund 32.09% ▪ HDFC Life Insurance Company Limited 52.49% ▪ SBI Life Insurance Co. LTD ▪ Sundaram Mutual Fund ▪ Ashish Dhawan 9.40% 0
Slide 55: 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 56: 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 57: 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 58: ESG & CSR
Providing Financial Solutions to Bharat Executive Summary Financial Information Subsidiary Financials Company Overview ESG & CSR
Slide 59: "Dhan Samvaad" - CSR Flagship Program
“Dhan Samvaad” - CSR Flagship Program >2,77,100 84% 80% 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 Aligned with the Reserve Ban
Slide 60: CSR Impact
CSR Impact >4,400 >84,000 20,000 1,270 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 educ
Slide 61: Recognition FY2026
Recognition FY2026 Mahindra Finance has won the Mahindra Finance honoured with “Best Mahindra Finance has won the Gold Award for Significant Achievement in Domain Financial Inclusion Initiative" awards at Environmental Sustainability and Silver Award Excellence by CII-ITC Sustainability the prestigi
Slide 62: Recognition FY2026
Recognition FY2026 Silver Shield in Category of Financial Services Sector (including NBFC other than Banking and Insurance) at BW Businessworld Certificates Rank 4 the prestigious ICAI Awards for Excellence in Financial Reporting 2024-25. 61
Slide 63: Thank You
Providing Financial Solutions to Bharat Thank You
Mahindra & Mahindra Financial Services — Q4 FY2026 Earnings Presentation on 6ix