Mahindra & Mahindra Financial Services Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NSEI:M&MFIN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
27 Feb 25	Sell₹1,408,435	Shailesh Rao	Individual	5,000	₹281.69
31 Dec 24	Sell₹2,015,140	R. Sunder	Individual	7,600	₹265.15
06 Sep 24	Sell₹3,744,180	Prashant Khanchandani	Individual	11,346	₹330.00
05 Sep 24	Sell₹1,179,540	Abhijeet Gogate	Individual	3,600	₹327.65
02 Sep 24	Sell₹1,609,000	Kapil Toshniwal	Individual	5,000	₹321.80
27 Aug 24	Sell₹1,269,629	Dharmesh Vakharia	Individual	4,000	₹317.41

Insider Trading Volume

Insider Buying: M&MFIN insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of M&MFIN?
Owner Type	Number of Shares	Ownership Percentage
State or Government	105,358	0.00853%
Employee Share Scheme	668,537	0.0541%
Individual Insiders	17,727,104	1.44%
General Public	70,841,371	5.74%
Institutions	501,023,191	40.6%
Public Companies	644,399,987	52.2%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 93.21% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
52.2%	Mahindra & Mahindra Limited	644,399,987	₹168.9b	0%	no data
10.3%	Life Insurance Corporation of India, Asset Management Arm	126,503,313	₹33.2b	0%	0.23%
5.64%	HDFC Asset Management Company Limited	69,692,793	₹18.3b	7.59%	0.36%
3.73%	SBI Funds Management Limited	46,043,084	₹12.1b	6.65%	0.15%
2.43%	Hdfc Standard Life Insurance Company Limited, Asset Management Arm	30,023,377	₹7.9b	0%	1.06%
1.88%	The Vanguard Group, Inc.	23,250,836	₹6.1b	0.53%	no data
1.77%	ICICI Prudential Asset Management Company Limited	21,812,335	₹5.7b	0%	0.09%
1.75%	Kotak Mahindra Asset Management Company Limited	21,567,661	₹5.7b	-0.4%	0.19%
1.53%	Kotak Mahindra Asset Management (Singapore) Pte. Ltd.	18,903,608	₹5.0b	0%	1.32%
1.48%	Axis Asset Management Company Limited	18,280,948	₹4.8b	0%	0.23%
1.44%	Mirae Asset Global Investments Co., Ltd.	17,734,460	₹4.6b	0%	0.04%
1.18%	Ashish Dhawan	14,600,000	₹3.8b	0%	no data
1.14%	Nippon Life India Asset Management Limited	14,085,041	₹3.7b	0%	0.09%
1.03%	Norges Bank Investment Management	12,741,240	₹3.3b	-30.2%	no data
1%	BlackRock, Inc.	12,358,700	₹3.2b	2.03%	no data
0.88%	Sundaram Asset Management Company Ltd.	10,826,067	₹2.8b	47.2%	0.56%
0.76%	Dimensional Fund Advisors LP	9,422,659	₹2.5b	-0.87%	no data
0.74%	Bandhan AMC Limited	9,131,126	₹2.4b	7.18%	0.35%
0.62%	UTI Asset Management Company Limited	7,663,098	₹2.0b	0.01%	0.08%
0.51%	Tata Asset Management Limited	6,271,155	₹1.6b	1.23%	0.18%
0.49%	First Sentier Investors (UK) IM Limited	6,053,381	₹1.6b	0%	0.45%
0.26%	Amundi Asset Management SAS	3,217,691	₹843.2m	25.9%	no data
0.21%	LIC Mutual Fund Asset Management Company Ltd.	2,599,205	₹681.1m	-19.5%	0.12%
0.15%	First Sentier Investors (Australia) IM Ltd	1,904,795	₹499.1m	0%	0.02%
0.15%	Ramesh Iyer	1,813,750	₹475.3m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/30 10:20
End of Day Share Price	2025/04/30 00:00
Earnings	2025/03/31
Annual Earnings	2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Mahindra & Mahindra Financial Services Limited is covered by 71 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Raghav Garg	Ambit Capital
Nitin Bhasin	Ambit Capital
null null	Anand Rathi Shares and Stock Brokers Limited