According to CRISIL, NBFC AUM is expected to grow at a mid-teen rate through FY27, potentially surpassing ₹50 trillion.
Amol Athawale, technical analyst at Kotak Securities believes that M&M Finance is still showing some positive structure; while cautions of a weaker set-up in case of Larsen & Toubro and Hero MotoCorp.
M&M Finance posted a 106 per cent year-on-year (Y-o-Y) spike in net profit to ₹940 crore for Q4, as compared to ₹456 crore a year ago
Non-banking lender Mahindra and Mahindra Financial Services on Friday reported more than doubling of consolidated net for the March quarter at Rs 940 crore. The Mahindra group entity had reported a consolidated net profit of Rs 456 crore in the year-ago period. On a standalone basis, its profit after tax (PAT) for the quarter jumped 55 per cent to Rs 873 crore. Its Chief Executive and Managing Director Raul Rebello said the handsome growth in profit was a result of a multitude of factors on the operation front put in by the company, and not because of low base. The high profit growth was due to factors like keeping funding costs under control, which expanded the net interest margin by 1 per cent to 7.5 per cent, a higher asset growth at 12 per cent, doubling of fee income, and also tighter controls over operating costs and credit costs, he said. Rebello said given the current economic climate, where the Middle East conflict is set to impact activity, the lender has set aside Rs 21
The brokerage assessing the impact of a prolonged conflict noted that these segments face the highest near-term risk, while housing, gold, and power loans appear relatively better insulated
Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.
Competition in affordable home loans intensified as industry players are waiving login fees to drive volumes, even as the sector's risk appetite remains elevated
In Q3, the company's consolidated net profit came in at ₹824.16 crore, as compared to ₹917.57 crore a year ago, down 10 per cent
Stocks to Watch today: SBI Life Insurance, L&T, M&M Financial Services, ACC, SBI Cards and Cochin Shipyard are among the stocks to watch today, January 29, 2026
Non-bank lender Mahindra and Mahindra Financial Services on Wednesday reported a 10 per cent drop in consolidated net profit for the December quarter to Rs 826 crore. The company had posted a consolidated net profit of Rs 918 crore in the year-ago period. On a standalone basis, its net profit dropped 10 per cent to Rs 810 crore as against Rs 899 crore in the year-ago period. The company clarified that the implementation of the new labour code led to an impact of Rs 97 crore during the quarter, and added that the profit in the year-ago period included a provision of Rs 436 crore. Adjusted for the one-time provision on labour code and the release of the provisions in the year-ago period, the profit after tax nearly doubled to Rs 907 crore during the quarter. Its core net interest income grew 27 per cent to Rs 2,661 crore during the reporting quarter, on the back of a 0.9 per cent expansion in the NII margin to 7.5 per cent and a 12 per cent jump in the loan book. On the asset quali
Stocks to watch on Monday, January 5, 2026: At around 7:10 AM, GIFT Nifty futures were up 79.1 points at 26,534.5, signaling a strong start for the bourses.