Mahindra Finance Q4 FY25 update: Disbursement growth reported

Mahindra & Mahindra Financial Services (BSE:M&MFIN) anticipates overall disbursement of approximately INR15,480 crore in Q4 FY25, representing a year-over-year growth of about 1%. Full fiscal year 2025 disbursement is projected at INR57,850 crore, with a year-over-year growth of approximately 3%. The company's business assets are estimated at approximately INR1,19,300 crore, a growth of roughly 16% since March 2024. The collection efficiency (CE) is estimated at 97% for Q4 FY25 (compared to 98% in Q4 FY24) and 95% for FY25 overall (compared to 96% in FY24). Stage-3 assets are projected at about 3.7% as of March 31, 2025 (versus 3.4% as of March 31, 2024), while Stage-2 assets are estimated at around 5.5% (versus 5.0% as of March 31, 2024). Mahindra Finance maintains a comfortable liquidity position with over INR10,000 crore in liquidity.