NSE:M&MFIN'
s Net Margin % Range Over the Past 10 Years
Min: 11.44 Med: 24.35 Max: 31.09
Current: 26.34
NSE:M&MFIN's Net Margin % is ranked better than 68.35% of 534
companies
in the Credit Services industry
Industry Median: 14.52
vs NSE:M&MFIN: 26.34
Mahindra & Mahindra Financial Services (NSE:M&MFIN) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Mahindra & Mahindra Financial Services Net Margin % Related Terms
Mahindra & Mahindra Financial Services Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mahindra & Mahindra Financial Services Net Margin % Chart
Mahindra & Mahindra Financial Services Annual Data
For the Credit Services subindustry, Mahindra & Mahindra Financial Services's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mahindra & Mahindra Financial Services Net Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Mahindra & Mahindra Financial Services's Net Margin % distribution charts can be found below:
* The bar in red indicates where Mahindra & Mahindra Financial Services's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mahindra & Mahindra Financial Services (NSE:M&MFIN) has a Net Margin % of 31.66% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Mahindra & Mahindra Financial Services and its competitors. This is 30% above median its historical median of 24.35. Over the past decade, Mahindra & Mahindra Financial Services' Net Margin % has ranged from 11.44 to 31.09. According to the industry distribution chart, Mahindra & Mahindra Financial Services ranks #169 out of 534 companies in the Credit Services industry, placing it in the top 31.6%.
Is Mahindra & Mahindra Financial Services' Net Margin % too high?
Mahindra & Mahindra Financial Services' current Net Margin % of 31.66% is 30% above median its 10-year median of 24.35. Over the past 10 years, this metric has ranged from a low of 11.44 to a high of 31.09. The Credit Services industry median Net Margin % is 14.52. Mahindra & Mahindra Financial Services' value of 31.66% is 118% above this industry median. Based on the distribution chart, Mahindra & Mahindra Financial Services ranks #169 out of 534 companies in the Credit Services industry, which is above the industry midpoint. Overall, Mahindra & Mahindra Financial Services has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mahindra & Mahindra Financial Services' Net Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Mahindra & Mahindra Financial Services ranks #169 out of 534 companies for Net Margin %. This puts Mahindra & Mahindra Financial Services in the upper half of its industry. The industry median Net Margin % is 14.52. Mahindra & Mahindra Financial Services' value of 31.66% is 118% above this benchmark. Historically, Mahindra & Mahindra Financial Services' own Net Margin % has ranged from 11.44 to 31.09 over the past decade. While the company's 10-year median is 24.35 vs. the industry median of 14.52, Mahindra & Mahindra Financial Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Credit Services company?
The median Net Margin % among Credit Services companies is 14.52, based on 534 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahindra & Mahindra Financial Services's current Net Margin % of 31.66% is 118% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mahindra & Mahindra Financial Services and its competitors. For the Credit Services industry, the median Net Margin % is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra & Mahindra Financial Services's current Net Margin % is 31.66%, which is 30% above median its own 10-year median of 24.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahindra & Mahindra Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Mahindra & Mahindra Financial Services (NSE:M&MFIN) is currently considered Fairly Valued. The stock's GF Value™ is ₹353.97, compared to a current price of ₹328.55 — trading 7.2% below its estimated fair value. The current Net Margin % is 31.66%, which is 30% above median its 10-year median of 24.35 and 118% above the Credit Services industry median of 14.52. Mahindra & Mahindra Financial Services' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mahindra & Mahindra Financial Services (NSE:M&MFIN), the current Net Margin % is 31.66% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mahindra & Mahindra Financial Services (NSE:M&MFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Mahindra & Mahindra Financial Services stock appears to be undervalued.
The current stock price of ₹328.55 is trading 7.2% below its estimated GF Value™ of ₹353.97.
GuruFocus considers Mahindra & Mahindra Financial Services to be Fairly Valued.
Key valuation signals for NSE:M&MFIN:
Net Margin %: 31.66% (30% above median its 10-year median of 24.35)
GF Value™: ₹353.97 vs. price of ₹328.55 (7.2% below fair value)
Industry Position: 118% above the Credit Services median (#169 of 534)
No single metric tells the full story. See the NSE:M&MFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahindra & Mahindra Financial Services Business Description
Mahindra & Mahindra Financial Services Ltd is a nonbanking financial company engaged in financing new and pre-owned auto, utility vehicles, tractors, passenger cars and commercial vehicles through its pan India branch network. The company has a diversified lending portfolio across retail, small and medium enterprises and commercial customers with a presence in rural and semi-urban India. The company has two segments : Financing Activities, that includes financing and leasing of automobiles, tractors, commercial vehicles, SMEs and housing finance.; and Other reconciling items which consists insurance broking, asset management services and trusteeship services. It derives maximum revenue from Financing Activities.
73GF Score
Get the complete analysis for NSE:M&MFIN
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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