Company Profile For Mahindra & Mahindra Financial Services Limited

Mahindra & Mahindra Financial Services Limited (MMFS.BO) (Bombay Stock Exchange)

sector: Financials · industry: Consumer Financial Services ·

As of 25 Nov 2009

296.40INR

Price Change

+10.60

Percent Change

+3.71%

Analyst Recommendations

Overview

Mahindra & Mahindra Financial Services Limited (MMFSL) is an India-based, non-banking finance company. The Company is a subsidiary of Mahindra & Mahindra Limited (M&M). The Company provides finance for utility vehicles, tractors, commercial vehicles, construction equipment and cars. The Company also provides loans for new vehicles and pre owned vehicles. It also provides personal loans for consumer durables, furniture, wedding, education, medical treatment and working capital for agriculture. The Company also provides investment advisory services for mutual fund products and insurance solutions to customers and corporations. The Company’s subsidiaries include Mahindra Insurance Brokers Limited and Mahindra Rural Housing Finance Limited.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Mahindra & Mahindra Financials Service Limited's revenues increased 10% to RS7.04B. Net income increased 79% to RS1.15B. Revenues reflect an increase in income from operations and higher other income. Net income also reflects a decrease in provisions & write off. The Company operates through its two subsidiaries namely Mahindra Insurance Brokers Ltd & Mahindra Rural Housing Finance Ltd.

Company Address

Mahindra & Mahindra Financial Services Limited
2nd Floor, Sadhana House
Behind Mahindra Towers
570, P.B. Marg, Worli
Mumbai 400 018
P: +9122.66526000
F: +9122.24972741