Profit & Loss

MAHINDRA & MAHINDRA FINANCIAL SERVICES LTD.

NSE : M&MFINBSE : 532720ISIN CODE : INE774D01024Industry : Finance - NBFCHouse : Mahindra & Mahindra
BSE284.15-7.05 (-2.42 %)
PREV CLOSE ( ) 291.20
OPEN PRICE ( ) 289.45
BID PRICE (QTY) 283.70 (151)
OFFER PRICE (QTY) 284.05 (26)
VOLUME 34653
TODAY'S LOW / HIGH ( )281.55 289.45
52 WK LOW / HIGH ( )243.9 346.4
NSE284.95-6.15 (-2.11 %)
PREV CLOSE( ) 291.10
OPEN PRICE ( ) 289.80
BID PRICE (QTY) 284.90 (1)
OFFER PRICE (QTY) 285.00 (991)
VOLUME 707326
TODAY'S LOW / HIGH( ) 282.15 289.80
52 WK LOW / HIGH ( )237.35 346.55
Select year
( in Million)
Particulars
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
INCOME :
  
  
  
  
  
Operating Income
126995.30
113175.70
121111.70
118854.00
103717.01
     Sale of Shares / Units
     Interest income
120295.10
108580.80
117037.90
114576.10
99695.29
     Portfolio management services
     Dividend income
0.10
0.20
1.20
271.50
152.43
     Brokerages & commissions
     Processing fees and other charges
3913.80
2719.40
2036.10
2468.30
2389.07
     Other Operating Income
2786.30
1875.30
2036.50
1538.10
1480.23
Operating Income (Net)
126995.30
113175.70
121111.70
118854.00
103717.01
EXPENDITURE :
Increase/Decrease in Stock
Employee Cost
21153.30
16131.20
13840.10
16098.20
14779.48
     Salaries, Wages & Bonus
19277.50
14531.40
12461.70
13949.50
13162.52
     Contributions to EPF & Pension Funds
1344.00
1162.50
1020.80
1129.30
885.36
     Workmen and Staff Welfare Expenses
386.50
307.60
72.10
430.40
420.66
     Other Employees Cost
145.30
129.70
285.50
589.00
310.94
Operating & Establishment Expenses
6400.50
5039.80
3097.80
3316.10
3384.75
     Depository Charges
     Security Transaction tax
     Software & Technical expenses
     Commission, Brokerage & Discounts
2852.60
1561.10
1048.00
1249.00
1296.81
     Rent , Rates & Taxes
274.10
264.70
250.10
645.70
866.44
     Repairs and Maintenance
180.60
71.30
72.20
145.40
188.93
     Insurance
706.60
532.90
530.50
534.00
387.16
     Electricity & Power
194.50
158.10
118.70
221.40
260.60
     Other Operating Expenses
2192.10
2451.70
1078.30
520.60
384.80
Administrations & Other Expenses
7066.40
4937.40
3151.50
6004.40
5606.34
     Printing and stationery
186.80
128.90
76.20
151.90
201.39
     Professional and legal fees
1549.70
787.90
643.70
1095.30
1180.38
     Advertisement & Sales Promotion
288.60
156.10
81.90
202.00
370.75
     Other General Expenses
5041.30
3864.50
2349.70
4555.20
3853.81
Provisions and Contingencies
26577.70
28222.20
40383.80
23665.90
18378.40
     Provisions for contingencies
     Provisions against NPAs
     Bad debts /advances written off
26067.40
27773.00
24868.50
8893.80
18017.15
     Provision for doubtful debts
25.20
5.20
     Losson disposal of fixed assets(net)
     Losson foreign exchange fluctuations
     Losson sale of non-trade current investments
24.50
10.81
     Other Miscellaneous Expenses
510.30
449.20
15490.10
14742.40
350.45
Less: Expenses Capitalised
Total Expenditure
61197.90
54330.60
60473.20
49084.60
42148.96
Operating Profit (Excl OI)
65797.40
58845.10
60638.50
69769.40
61568.05
Other Income
15570.20
1686.80
602.90
1166.20
11448.41
     Other Interest Income
     Other Commission
     Discounts
     Profit on sale of Fixed Assets
33.00
16.00
4.10
7.00
8.04
     Income from investments
0.40
288.30
55.90
509.40
     Provision Written Back
14235.10
857.40
16.50
10744.39
     Others
1301.70
525.10
542.90
633.30
695.98
Operating Profit
81367.60
60531.90
61241.40
70935.60
73016.46
Interest
50943.00
44173.70
53075.70
53905.60
44322.80
     Loans
23548.90
16298.60
16045.40
19598.90
15202.43
     Deposits
5350.20
7632.90
8134.50
6724.20
3570.82
     Bonds / Debentures
21661.00
19611.60
26297.10
28201.10
25045.57
     Other Interest
382.90
630.60
2598.70
-618.60
503.98
Depreciation
2259.60
1519.90
1505.10
1468.70
755.33
Profit Before Taxation & Exceptional Items
28165.00
14838.30
6660.60
15561.30
27938.33
Exceptional Income / Expenses
-560.60
205.70
2285.40
Profit Before Tax
28037.60
15494.20
8946.00
15561.30
27938.33
Provision for Tax
7325.60
3990.80
1538.60
5162.10
9734.80
     Current Income Tax
4956.80
3882.30
5122.80
6473.00
7065.03
     Deferred Tax
2344.10
-123.00
-3408.60
-1298.90
2621.14
     Other taxes
24.70
231.50
-175.60
-12.00
48.63
Profit After Tax
20712.00
11503.40
7407.40
10399.20
18203.53
Extra items
0.00
0.00
0.00
0.00
0.00
Minority Interest
12.00
-134.70
-70.70
-106.70
-399.84
Share of Associate
395.40
459.00
469.29
Other Consolidated Items
Consolidated Net Profit
20724.00
11368.70
7732.10
10751.50
18272.98
Adjustments to PAT
Profit Balance B/F
61469.70
52850.60
45779.80
39573.20
32824.99
Appropriations
82193.70
64219.30
53511.90
50324.70
51097.97
     General Reserve
1557.10
     Proposed Equity Dividend
     Corporate dividend tax
     Other Appropriation
82193.70
64219.30
53511.90
50324.70
49540.87
Equity Dividend %
300.00
180.00
40.00
325.00
Earnings Per Share
16.80
9.22
6.28
17.47
29.72
Adjusted EPS
16.80
9.22
6.28
10.65
18.12

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.