CRISIL reaffirms Mahindra & Mahindra Financial Services at CRISIL A, outlook Stable
Mahindra & Mahindra Financial Services (BSE: M&MFIN) said CRISIL has reaffirmed its credit rating at CRISIL A with a stable outlook, covering facilities or instruments of about ₹80,000 crore. The company is valued at about ₹38,814 crore.
What happened
Mahindra & Mahindra Financial Services (BSE: M&MFIN) informed the stock exchanges on 6 November 2026 at 02:54 PM that CRISIL has reaffirmed its credit rating at CRISIL A with a stable outlook, covering facilities or instruments of about ₹80,000 crore.
From the filing: "Instrument Rated Amount Rating Outstanding 1) Commercial Paper I N R 20,000 C r ore CRISIL A1+ 2) N on - Convertible Debentures INR 30,980 C r ore CRISIL AAA/ Stable 3) Subordinated Debt INR 6,000 .50 C r ore CRISIL AAA/ Stable CARE Rating Limited: S.N o ."
Company snapshot
Mahindra & Mahindra Financial Services is a mid-cap company in the Financial Services sector, with a market value of about ₹38,814 crore.
The stock last traded at ₹279.2, against a 52-week range of ₹253.4–₹415 (32.7% below the high).
Before this filing the shares had moved −17.2% over the month and −30.5% over three months. Average daily turnover over the last 20 sessions was about ₹88.32 crore.
Promoters held 52.48% at the end of Q2 FY27, down 0.01% points from the previous quarter. Foreign institutions owned 9.96% and domestic institutions 31.56%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 5,026 | 564.5 | 4.06 |
| Q3 FY26 | 5,450 | 824.2 | 5.93 |
| Q4 FY26 | 5,539 | 938 | 6.75 |
| Q1 FY27 | 5,718 | 926 | 6.66 |
| Q2 FY27 | 5,936 | 909.4 | 6.54 |
What history shows
This is not the company's first credit rating disclosure: BCEIE has 9 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 0.8% on average the next trading day and was up 0.6% on average after five days (8 filings with price data).
Across 206 similar disclosures by other Financial Services companies, shares moved +0.0% on average the next day and −0.3% over five days; 46% of them rose the next day.
Market-wide, 1,413 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 8 Oct 2026 | Reaffirmation of Credit Ratings | −0.7% | −1.7% |
| 8 Sept 2026 | Credit Rating | −2.3% | −8.1% |
| 7 Aug 2026 | Credit Rating | −2.4% | −4.8% |
| 21 Jul 2026 | Credit Rating | +5.9% | +12.5% |
| 10 Jul 2026 | Credit Rating | −4.6% | −5.4% |
What to watch
- Whether other agencies take a similar view on the company's credit.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.