Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 35.3% return compared to 9.1% by NIFTY 50.
Growth: Awesome revenue growth! Revenue grew 25.3% over last year and 65.1% in last three years on TTM basis.
Size: It is among the top 200 market size companies of india.
Profitability: Recent profitability of 9% is a good sign.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Reasonably good balance sheet.
Momentum: Stock has a weak negative price momentum.
Technicals: SharesGuru indicator is Bearish.
Valuation | |
|---|---|
| Market Cap | 3.88 LCr |
| Price/Earnings (Trailing) | 20.38 |
| Price/Sales (Trailing) | 1.92 |
| EV/EBITDA | 12.79 |
| Price/Free Cashflow | 189.1 |
| MarketCap/EBT | 16.71 |
| Enterprise Value | 5.13 LCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 2.02 LCr |
| Rev. Growth (Yr) | 29.3% |
| Earnings (TTM) | 18.62 kCr |
| Earnings Growth (Yr) | 48.5% |
Profitability | |
|---|---|
| Operating Margin | 12% |
| EBT Margin | 11% |
| Return on Equity | 17.01% |
| Return on Assets | 5.86% |
| Free Cashflow Yield | 0.53% |
Growth & Returns | |
|---|---|
| Price Change 1W | 0.30% |
| Price Change 1M | -3.1% |
| Price Change 6M | -16.8% |
| Price Change 1Y | 1.8% |
| 3Y Cumulative Return | 35.3% |
| 5Y Cumulative Return | 30.7% |
| 7Y Cumulative Return | 25.4% |
| 10Y Cumulative Return | 17% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -17.79 kCr |
| Cash Flow from Operations (TTM) | 11.66 kCr |
| Cash Flow from Financing (TTM) | 5.39 kCr |
| Cash & Equivalents | 4.29 kCr |
| Free Cash Flow (TTM) | 2.05 kCr |
| Free Cash Flow/Share (TTM) | 16.5 |
Balance Sheet | |
|---|---|
| Total Assets | 3.18 LCr |
| Total Liabilities | 2.08 LCr |
| Shareholder Equity | 1.09 LCr |
| Current Assets | 1.47 LCr |
| Current Liabilities | 1.16 LCr |
| Net PPE | 29.01 kCr |
| Inventory | 22.04 kCr |
| Goodwill | 2.53 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.41 |
| Debt/Equity | 1.18 |
| Interest Coverage | 1.42 |
| Interest/Cashflow Ops | 2.22 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 25.3 |
| Dividend Yield | 0.69% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 35.3% return compared to 9.1% by NIFTY 50.
Growth: Awesome revenue growth! Revenue grew 25.3% over last year and 65.1% in last three years on TTM basis.
Size: It is among the top 200 market size companies of india.
Profitability: Recent profitability of 9% is a good sign.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Reasonably good balance sheet.
Momentum: Stock has a weak negative price momentum.
Technicals: SharesGuru indicator is Bearish.
Investor Care | |
|---|---|
| Dividend Yield | 0.69% |
| Dividend/Share (TTM) | 25.3 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 153.1 |
Financial Health | |
|---|---|
| Current Ratio | 1.27 |
| Debt/Equity | 1.18 |
Technical Indicators | |
|---|---|
| RSI (14d) | 47.94 |
| RSI (5d) | 52.25 |
| RSI (21d) | 45.61 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Buy |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Mahindra & Mahindra's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Mahindra & Mahindra management forecasts a robust outlook for the upcoming fiscal year, aiming for continued significant growth across their sectors. Key highlights of their forward-looking statements include:
Financial Growth Targets: Management anticipates a broad profit after tax (PAT) growth of 15%-20% over the next five years. For FY27, they project mid-single-digit growth in the tractor segment (~5%) and mid-to-high teens for SUVs.
Revenue Projections: The auto segment is expected to see an eightfold increase in revenue by FY31, farm revenue is projected to triple, and Mahindra Finance aims for a fivefold increase in assets under management during the same period.
Product Launches: The company plans to enhance its product range with significant launches, including ten ICE SUVs and six electric vehicles (EVs) over the next five years. This includes the introduction of disruptive models from the new NU_IQ platform, which offers flexibility between ICE and EV options.
Market Share Strategy: In tractors, Mahindra intends to maintain its robust market share amid challenges. They aim to enhance operational efficiency and gain market share through product upgrades and strategic exits from non-performing international ventures.
AI Integration: Management emphasizes the strategic role of artificial intelligence (AI) across businesses, with meaningful projects already underway expected to generate significant incremental revenue, particularly in Mahindra Finance, where AI is expected to enable Rs.10,000 crore in additional disbursements.
Resilience Amid Global Uncertainties: The management has articulated confidence in navigating uncertainty, bolstered by a cash generation of Rs.16,000 crores and a cash balance of Rs.41,000 crores post-dividend. They aim to leverage India's strong economic growth, projected to see GDP growth from $4.2 trillion to between $6.6 trillion and $7.1 trillion over five years.
In summary, Mahindra & Mahindra's management presents a confident outlook with solid growth targets, significant product innovation, expansive revenue projections, and a strategic focus on overcoming challenges through resilience and AI integration.
Sure! Here are the major questions asked during the Q&A section of the earnings transcript for Mahindra & Mahindra Ltd. Q4 FY26 earnings call, along with the detailed answers provided by the management.
1. Question: "What are the building blocks for the SUV growth guidance for this year?"
Answer: My confidence comes from strong demand for our products, combined with improved capacity. We've seen constraints in the past but are now addressing them. Our response from products like the XUV7XO has been promising. Despite some challenges with fuel prices, many customers are less sensitivity given their expenditure levels. Overall, I believe that mid-to-high teens growth is achievable, contingent upon maintaining stable conditions.
2. Question: "What is the current situation regarding DRAMs and gas supply?"
Answer: We've actively contracted DRAMs to secure our supply chain, recognizing the inflationary pressures. For gas, we've navigated challenges effectively. Recently, the situation has stabilized, allowing us to maintain supplier availability without major disruptions. Manpower availability is also improving now that elections are over.
3. Question: "How do you plan to manage commodity price increases?"
Answer: We've previously adjusted prices, taking a cautious approach in this volatile environment. While we've absorbed some cost inflation, we do have the capability to pass on increases if necessary. We're evaluating market conditions closely, observing commodity trends, and adapting our pricing strategies to ensure our competitiveness.
4. Question: "What PLI incentive did you receive this quarter, and is it consistent across all models?"
Answer: We received approximately Rs.500 crores as PLI this quarter. We've secured PLI compliance for our entire EV lineup, including the 9E and 9S models, ensuring strong support as we scale up production.
5. Question: "What factors are influencing your tractor industry growth outlook?"
Answer: We're projecting mid-single digit growth due to a variety of factors including government spending, rural income stability, and favorable demand trends, despite the base effects from the previous year. We're closely monitoring rainfall patterns as they significantly impact agricultural and tractor sales.
6. Question: "What is your strategy to address EV and CAFE targets given your new model launches?"
Answer: Our new models are designed on a fungible platform, allowing both ICE and EV configurations. This provides us with flexibility in meeting CAFE standards. We anticipate that between 13% to 21% EV penetration will be necessary over the 5-year period to align with regulatory requirements.
7. Question: "What approach are you taking towards AI implementation in your operations?"
Answer: We centralized our AI initiatives to promote cross-business collaboration. Each business leader is encouraged to innovate with AI, akin to learning to use Excel. We've established 15 key transform projects that demonstrate meaningful impacts across our operations.
Please let me know if you would like additional details or any follow-up information!
Analysis of Mahindra & Mahindra's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2026
| Description | Share | Value |
|---|---|---|
| Automotive | 60.7% | 34.3 kCr |
| Farm Equipment | 17.7% | 10 kCr |
| Industrial Businesses and Consumer Services | 11.7% | 6.6 kCr |
| Financial Services | 9.8% | 5.5 kCr |
| Total | 56.5 kCr |
Understand Mahindra & Mahindra ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| PRUDENTIAL MANAGEMENT & SERVICES PRIVATE LIMITED | 10.82% |
| M&M BENEFIT TRUST (Anand Mahindra & Ranjan Pant -Trustees) | 6.91% |
| LIFE INSURANCE CORPORATION OF INDIA WITH SUB ACCOUNTS | 6.4% |
| MAHINDRA AND MAHINDRA EMPLOYEES STOCK OPTION TRUST | 3.39% |
| SBI NIFTY 50 ETF WITH SUB ACCOUNTS | 2.99% |
| NPS TRUST A/C UTI PENSION FUND LIMITED-SCHEME STATE GOVT WITH SUB ACCOUNTS | 2.45% |
| ICICI PRUDENTIAL LARGE CAP FUND WITH SUB ACCOUNTS | 2.31% |
| UTI NIFTY 50 ETF WITH SUB ACCOUNTS | 1.65% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA ETF NIFTY 50 BEES WITH SUB ACCOUNTS | 1.51% |
| PARAG PARIKH FLEXI CAP FUND WITH SUB ACCOUNTS | 1.27% |
| VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 1.05% |
| UMA R MALHOTRA | 0.13% |
| LEENA S LABROO | 0.13% |
| ANAND GOPAL MAHINDRA | 0.12% |
| Yuthica Mahindra Family Trust (Uma Malhotra, Leena Labroo & Yuthica Mahindra- Trustees) | 0.08% |
| KEMA SERVICES INTERNATIONAL PVT LTD | 0.06% |
| YUTHICA KESHUB MAHINDRA | 0.05% |
| ANURADHA MAHINDRA | 0.04% |
| CHETAN VARDE* | 0.03% |
| SANJAY MOHAN LABROO | 0.02% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Mahindra & Mahindra against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| MARUTI | Maruti Suzuki India | 4.09 LCr | 1.88 LCr | -3.30% | +2.90% | 27.85 | 2.18 | - | - |
| EICHERMOT | Eicher Motors | 1.88 LCr | 24.08 kCr | -5.40% | +27.10% | 35.05 | 7.8 | - | - |
| TVSMOTOR | TVS Motor Co. | 1.6 LCr | 56.09 kCr | -10.60% | +22.30% | 52.97 | 2.85 | - | - |
| TATAMOTORS | Tata Motors | 1.33 LCr | 3.58 LCr | +1.40% | -49.80% | -601.08 | 0.37 | - | - |
| ASHOKLEY | Ashok Leyland | 90.61 kCr | 54.35 kCr | -12.30% | +27.50% | 30.16 | 1.67 | - | - |
| ESCORTS | Escorts Kubota | 32.42 kCr | 12.11 kCr | -12.60% | -17.40% | 13.32 | 2.68 | - | - |
Comprehensive comparison against sector averages
M%26M metrics compared to Automobiles
| Category | M%26M | Automobiles |
|---|---|---|
| PE | 20.38 | 12.26 |
| PS | 1.92 | 1.78 |
| Growth | 25.3 % | 1.5 % |
Mahindra & Mahindra is a prominent company specializing in Passenger Cars & Utility Vehicles.
The stock ticker for the company is M&M, and it boasts a market capitalization of Rs. 364,428.9 Crores.
In terms of financial performance, Mahindra & Mahindra reported a trailing 12 months revenue of Rs. 153,898.3 Crores.
The company is committed to rewarding its investors, distributing a dividend yield of 1.26% per year. Over the last twelve months, it returned Rs. 37.35 as dividend per share.
Notably, in the past three years, Mahindra & Mahindra has demonstrated impressive growth, achieving a revenue growth of 77.6%.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
M%26M vs Automobiles (2021 - 2026)
