Mid-teens Loan Book Growth Target
Management targets mid-teens to high-teens loan book growth as diversification into mortgages and MSME accelerates. Q3 disbursements already showing momentum with highest-ever Q3 performance.
MAHINDRAANDMAHINDRAFNCLS / guidance tracker
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Mahindraandmahindrafncls · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
growth
Wheels Mix Reduction to 70% by FY30
Company aims to reduce wheels concentration from current ~88% (including MRHFL) to 70% by FY30, with growth coming from mortgages and MSME segments. MRHFL turnaround complete; merger evaluation underway.
Credit Cost Guidance: 1.5-1.7% Range
Management reiterates full-year credit cost target of 1.5-1.7% as the sustainable range for the business model, with 9M at 1.8% showing progress toward this band.
ROA Progression to 2% Milestone
Q3 ROA of 2.5% and 9M ROA of 1.9% demonstrate progression toward 2% ROA target. Management plans to share plans for climbing beyond 2% only after hitting this milestone.