HDB Financial Services Limited (NSE: HDBFS) and Mahindra & Mahindra Financial Services Limited (M&Mfin) (NSE: M&MFIN) are both listed in the NBFC industry. HDB Financial Services has a market capitalisation of ₹41,903 Cr and Mahindra & Mahindra Financial Services ₹36,373 Cr, as of 9 Nov 2026. Their P/E ratios are 16.3 and 12.5 respectively. Return on equity is 13.94% for HDB Financial Services and 11.86% for Mahindra & Mahindra Financial Services. Over one year, HDB Financial Services's share price is down 24.7% and Mahindra & Mahindra Financial Services's is down 12.1%.
| Metric | HDB Financial Services | Mahindra & Mahindra Financial Services |
|---|---|---|
| NSE Symbol | HDBFS | M&MFIN |
| BSE Code | 544429 | 532720 |
| Share Price | ₹545.00 | ₹280.05 |
| Market Cap | ₹41,903 Cr | ₹36,373 Cr |
| P/E Ratio | 16.3 | 12.5 |
| Return on Equity | 13.94% | 11.86% |
| Return on Assets | 2.19% | 1.89% |
| Dividend Yield | 0.40% | 2.87% |
| Beta (1Y) | 0.87 | 0.39 |
| 1-Year Price Change | -24.7% | -12.1% |
| 3-Month Price Change | -19.4% | -32.1% |
| 52-Week Range | ₹494.15 – ₹796.70 | ₹253.40 – ₹415.00 |
| Latest Quarter | Q2 FY27 | Q2 FY27 |
| Quarterly Revenue | ₹5,005 Cr | ₹5,936 Cr |
| Quarterly Net Profit | ₹780 Cr | ₹911 Cr |
| Net Margin | 15.6% | 15.3% |
| EPS (Basic, Quarter) | ₹9.39 | ₹6.54 |
| Results Basis | standalone | consolidated |
| Headquarters | Mumbai, Maharashtra | Mumbai, Maharashtra |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
HDB Financial Services Limited operates as a non-banking financial company that provides lending services and business process outsourcing services in India. The company offers personal loans, business loans, micro lending loans, auto loans, two-wheeler loans, gold loans, loan against property, enterprise business loans, consumer durable loans, commercial vehicle loans, construction equipment loans, car loans, loan against lease rental, tractor loans, and general and life insurance products. Its BPO services include back-office services, such as forms processing, documents verification, financ…
Mahindra & Mahindra Financial Services Limited, a non-banking financial company, engages in financing business in India. The company operates through Financing Activities and Other Reconciling Items segments. It offers vehicle financing for auto, utility vehicles, passenger cars, tractors, commercial vehicles, and construction equipment; pre-owned vehicle financing; and vehicle leasing solutions through its digital platform Quiklyz to fleet operators, farmers, businesses, self-employed, and salaried individuals. The company also provides loan against property, equipment finance, working capita…
HDB Financial Services has a market capitalisation of ₹41,903 Cr, against ₹36,373 Cr for Mahindra & Mahindra Financial Services as of 9 Nov 2026, about 1.2 times the size by market cap.
HDB Financial Services has a P/E of 16.3 and Mahindra & Mahindra Financial Services a P/E of 12.5 as of 9 Nov 2026.
HDB Financial Services has a return on equity of 13.94% and Mahindra & Mahindra Financial Services 11.86%.
HDB Financial Services's share price is down 24.7% over one year and Mahindra & Mahindra Financial Services's is down 12.1%.
HDB Financial Services reported revenue of ₹5,005 Cr and net profit of ₹780 Cr for Q2 FY27. Mahindra & Mahindra Financial Services reported revenue of ₹5,936 Cr and net profit of ₹911 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Financial Services > NBFC on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.