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Mahindra Finance Q4 Results Review: NIMs Declined; Asset Quality Improved; IDBI Capital Maintains 'Buy'
IDBI Capital maintains Buy on Mahindra Finance with target price of Rs 325 valuing it at 1.8X FY27E adjusted book value.
23 Apr 2025, 11:31 AM IST 
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Mahindra Finance's asset quality improved with GS3 at 3.7% versus 3.9% QoQ led by higher write offs.(Photo: Usha Kunji/BQ Prime)
Asset quality volatility historically has been the concern for the company; however, management has taken steps to bring the stability over the period. Rural economy growth is expected to improve with better rainfall and steps by the government which should support Mahindra Finance.
