Mm Mahindra & Mahindra Financial Services
Mahindra & Mahindra Financial Services Limited (M&M Financial), the leading NBFC company of Anand Mahindra-led Mahindra Group, has created a stir in the stock market. As soon as the market opened on Monday, April 27, the shares of this company soared by 10 percent. The reason behind this stormy rise is the company's excellent March quarter (Q4) results and the huge dividend declared for investors.
A spectacular jump of 106% in profits
If we look at the fourth quarter figures of Mahindra Finance, the company's balance sheet looks stronger than ever. In the March quarter of the financial year 2026, the consolidated net profit of the company has increased by 106 percent on an annual basis to the level of Rs 940 crore. In the same quarter last year, this figure was only Rs 456 crore. At the same time, if we talk only about standalone net profit, then a huge increase of 55 percent has been recorded in it and it has increased from Rs 563 crore to Rs 873 crore.
This graph of the company's earnings has increased not only annually but also quarter after quarter. There has been a sequential increase of 13.8 percent in profit as compared to Rs 826 crore in the previous quarter (Q3 FY26). The operational revenue of the company has also increased by 13 percent from Rs 4,886 crore to Rs 5,539 crore. The direct credit for this unmatched performance goes to the continuous improvement in margins.
Bumper earning opportunity on every share
In this grand celebration of profit, the company has also made its shareholders full partners. The management has recommended a larger dividend for the financial year ending March 31, 2026. Investors will be given a dividend of Rs 7.50 on each equity share with face value of Rs 2. If calculated in percentage, it is a bumper dividend of 375 percent. When a company has such strong financial results and distributes cash dividends like this, it is natural for the market to be excited.
What are the big brokerages saying?
Immediately after the announcement of the results, its direct impact was seen in the stock market. In the morning trading session, shares of M&M Finance opened at Rs 311 and within a short time touched the highest level of Rs 331 due to heavy buying by investors. At present, despite slight impact of profit booking, this stock is trading around Rs 318 with a strength of about 8 percent. After this strong performance, well-known brokerage firms in the country and the world are also very positive about this stock.
- Nomura: This global brokerage house has given 'Buy' rating to the stock and has set a high target price of Rs 400 for the future.
- Motilal Oswal: Domestic leading brokerage has also advised buying and has set its target at Rs 350.
- Emkay Global: This firm has given 'Add' rating and increased its target price to Rs 340.
- JM Financial: Expressing confidence in this stock, he has also increased the target price to Rs 350.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsh advises its readers and viewers to consult their financial advisors before taking any money-related decisions.
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