M&M Financial Services: Q1 FY27 Disbursements Up 21% to ₹15,560 Cr
Mahindra & Mahindra Financial Services Ltd has provided a quarterly business update for Q1 FY27, estimating overall disbursements at approximately ₹15,560 crore, marking a significant 21% year-on-year growth (excluding finance lease). Business Assets grew by approximately 12% to ₹1,37,300 crore as of June 2026. The company reported a Collection Efficiency of 95% for Q1 FY27, consistent with the previous year. Stage-3 assets are estimated between 3.4% to 3.5%, showing a slight improvement from March 2026 and a decrease from June 2025. Stage-2 assets are projected between 4.9% to 5.0%, also showing improvement from March 2026 and a decrease from June 2025. The company maintains a strong liquidity position with over ₹14,600 crore in its liquidity chest.
Key Highlights
- Disbursements surged 21% YoY to an estimated ₹15,560 crore in Q1 FY27.
- Business Assets grew 12% YoY to approximately ₹1,37,300 crore.
- Collection Efficiency remained strong at 95% for Q1 FY27.
- Stage-3 and Stage-2 NPAs show a stable to improving trend.
- Liquidity chest exceeds ₹14,600 crore, indicating financial strength.
Price Impact
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