MAHINDRA & MAHINDRA LTD·PASSENGER VEHICLE 37.00

Price

3,042.9

+1.39%
O:3025.1
H:3050
L:2982.6
C:3042.9

52W Range

28963839.9
+5%/-21%

Market Cap

0 Cr

Traded: ₹1,073.79 Cr (Infinity%) 0.0x

Volume · 60D trend

35.57 L 0.0x

Delivery: % 0.0x

View Delivery Data

Returns

1W:+0% 1M:-1% 3M:-7% 6M:-15% 12M:-12%

Valuation

P/E--
P/B--
P/S--
EV/EBIT2.7

Business Strength

ROE-207.0%
ROCE-142.0%
OPM18.9%
NPM9.4%

Growth (3Y CAGR)

EPS+32.3%
Sales+18.0%
Profit+24.0%
3Y Return+29.0%

Balance Sheet

Debt/Equity1.4
Debt1,29,614 Cr
Pledge0.0%
CWIP/Fixed Asset5.4%

Cash Position

CFO/NP62.6%
FCF2,545 Cr
FCF 3Y Avg-19,391 Cr
Cash/MCap7.0%

Others

Div Yield0.0%
Div Payout22.0%
Cash Conv. Cycle-30 days
Tradeable Free Float10.3%

MTF Exposure Trend

60 sessions · funded amount, % of FF, daily delta

Current
₹ 889.36 Cr
60d high
₹ 1,008.66 Cr
60d low
₹ 478.03 Cr
60d mean
₹ 659.62 Cr
vs mean
▲ 34.83%

Growth Trends

Metric10Y5Y3Y1YTTMTrend
ROE
+15.0%
+18.0%
+19.0%
--
--
Accelerating
Sales
+10.0%
+22.0%
+18.0%
--
+25.0%
Stable
Profit
+19.0%
+51.0%
+24.0%
--
+37.0%
Stable
Return
+16.0%
+30.0%
+29.0%
-2.0%
--
Decelerating

Quarterly Results

Mar 2026

PDF
Rev
55.0K Cr
+29% YoY+6% QoQ
OPM18.0%
NPM9.6%
PAT
+49% YoY5.3K Cr
EPS
+42% YoY37.5

Dec 2025

PDF
Rev
52.1K Cr
+26% YoY+13% QoQ
OPM20.0%
NPM9.6%
PAT
+55% YoY5.0K Cr
EPS
+47% YoY37.6

Sep 2025

PDF
Rev
46.1K Cr
+22% YoY+1% QoQ
OPM19.0%
NPM8.6%
PAT
+16% YoY4.0K Cr
EPS
+16% YoY29.5

Jun 2025

PDF
Rev
45.5K Cr
+22% YoY+7% QoQ
OPM18.0%
NPM9.6%
PAT
+24% YoY4.4K Cr
EPS
+24% YoY32.8

Mar 2025

PDF
Rev
42.6K Cr
+20% YoY+3% QoQ
OPM19.0%
NPM8.3%
PAT
+20% YoY3.5K Cr
EPS
+20% YoY26.5

Dec 2024

PDF
Rev
41.5K Cr
+17% YoY+9% QoQ
OPM20.0%
NPM8.7%
PAT
+20% YoY3.6K Cr
EPS
+20% YoY25.6

Sep 2024

PDF
Rev
37.9K Cr
+10% YoY+2% QoQ
OPM19.0%
NPM8.9%
PAT
+35% YoY3.4K Cr
EPS
+35% YoY25.5

Jun 2024

PDF
Rev
37.2K Cr
+10% YoY+5% QoQ
OPM19.0%
NPM9.5%
PAT
-6% YoY3.5K Cr
EPS
-6% YoY26.4

Mar 2024

PDF
Rev
35.5K Cr
+9% YoY+0% QoQ
OPM19.0%
NPM8.8%
PAT
+5% YoY3.1K Cr
EPS
+4% YoY22.1

Dec 2023

PDF
Rev
35.3K Cr
+15% YoY+3% QoQ
OPM18.0%
NPM8.4%
PAT
+14% YoY3.0K Cr
EPS
-1% YoY21.4

Sep 2023

PDF
Rev
34.4K Cr
+15% YoY+2% QoQ
OPM17.0%
NPM7.2%
PAT
+3% YoY2.5K Cr
EPS
-15% YoY18.9

Jun 2023

PDF
Rev
33.9K Cr
--+4% QoQ
OPM18.0%
NPM10.9%
PAT
+61% YoY3.7K Cr
EPS
--28.2

Mar 2023

PDF
Rev
32.5K Cr
--+6% QoQ
OPM17.0%
NPM9.2%
PAT
+28% YoY3.0K Cr
EPS
--21.2

Dec 2022

Rev
30.6K Cr
--+3% QoQ
OPM17.0%
NPM9.8%
PAT
+25% YoY3.0K Cr
EPS
--21.5

Sep 2022

Rev
29.9K Cr
----
OPM17.0%
NPM10.1%
PAT
+17% YoY3.0K Cr
EPS
--22.3

Revenue & Margin Trends

Annual

Quarterly

Balance Sheet Health

Leverage

Debt / Equity1.44
Interest Coverage6.5x
Promoter Pledge0.0%
Borrowings134.0K Cr

Efficiency

Receivable Days17 days
Inventory Days65 days
Payable Days112 days
Cash Conversion cycle-30 days

Cash Position

Operating Cash Flow11.7K Cr
Investing Cash Flow-17.7K Cr
Financing Cash Flow5.4K Cr
Free Cash Flow2.5K Cr

Detailed Financials

Mar 2026PDF ↗
Dec 2025PDF ↗
Sep 2025PDF ↗
Jun 2025PDF ↗
Mar 2025PDF ↗
Dec 2024PDF ↗
Sep 2024PDF ↗
Jun 2024PDF ↗
Mar 2024PDF ↗
Dec 2023PDF ↗
Sep 2023PDF ↗
Jun 2023PDF ↗
Mar 2023PDF ↗
Dec 2022
Sep 2022
Sales54,98252,10046,10645,52942,59941,47037,92437,21835,45235,29934,43633,89232,45630,62129,870
Expenses44,85541,93937,16637,30134,65833,23930,79029,97528,84829,07528,70627,64226,79825,36824,802
Operating Profit10,12710,1608,9408,2287,9428,2317,1337,2436,6046,2245,7306,2495,6585,2545,068
OPM %18.0%20.0%19.0%18.0%19.0%20.0%19.0%19.0%19.0%18.0%17.0%18.0%17.0%17.0%17.0%
Other Income1,1379761,1341,3951,1107191,1267337507568121,0656621,1841,348
Interest2,4072,4052,3472,4312,3972,3622,2172,1081,9891,9451,8351,7191,6341,5961,382
Depreciation1,9432,1631,6691,5482,0291,4951,3021,2481,3351,1231,1391,1281,1941,1101,092
Profit Before Tax6,9146,5696,0585,6444,6275,0924,7404,6214,0303,9123,5684,4683,4923,7323,943
Tax %24.0%24.0%35.0%22.0%23.0%29.0%29.0%23.0%22.0%24.0%30.0%18.0%14.0%20.0%23.0%
Net Profit5,2605,0213,9644,3773,5423,6243,3613,5463,1252,9772,4843,6842,9982,9943,021
Exceptional Items-410-347-110-31000000-332494706
EPS (Rs)37.537.629.532.826.525.625.526.422.121.418.928.221.221.522.3
Sales Growth (YoY)29.1%25.6%21.6%22.3%20.2%17.5%10.1%9.8%9.2%15.3%15.3%--------
Sales Growth (QoQ)5.5%13.0%1.3%6.9%2.7%9.3%1.9%5.0%0.4%2.5%1.6%4.4%6.0%2.5%--
OP Growth (YoY)27.5%23.4%25.3%13.6%20.3%32.2%24.5%15.9%16.7%18.5%13.1%--------
OP Growth (QoQ)-0.3%13.6%8.7%3.6%-3.5%15.4%-1.5%9.7%6.1%8.6%-8.3%10.4%7.7%3.7%--
Profit Growth (YoY)49.0%55.0%16.0%24.0%20.0%20.0%35.0%-6.0%5.0%14.0%3.0%61.0%28.0%25.0%17.0%
EPS Growth (YoY)41.6%47.0%15.8%24.4%19.6%19.6%35.1%-6.4%4.5%-0.7%-15.3%--------
EPS Growth (QoQ)-0.2%27.3%-10.1%23.9%3.6%0.3%-3.4%19.2%3.6%13.2%-33.1%33.1%-1.5%-3.5%--
OP Margin18.4%19.5%19.4%18.1%18.6%19.9%18.8%19.5%18.6%17.6%16.6%18.4%17.4%17.2%17.0%
Net Margin9.6%9.6%8.6%9.6%8.3%8.7%8.9%9.5%8.8%8.4%7.2%10.9%9.2%9.8%10.1%
Material Cost %62.0%62.0%61.0%62.0%60.0%61.0%60.0%60.0%58.0%61.0%61.0%60.0%61.0%60.0%62.0%
Employee Cost %6.0%6.0%7.0%7.0%7.0%7.0%7.0%7.0%7.0%8.0%8.0%8.0%8.0%8.0%8.0%
P/S------------------------------
P/E------------------------------
P/B------------------------------

Shareholding Pattern

Shareholders:9.4L (+45.5%)
Current MixMar 2026

Exchange Filings

50
Company Update13 Jun 2026

Please refer enclosed file

Company Update13 Jun 2026

Please refer enclosed file

Company Update12 Jun 2026

Please refer enclosed file.

Company Update11 Jun 2026

Please refer enclosed file

Company Update10 Jun 2026

Please refer enclosed file

Company Update09 Jun 2026

Please find enclosed Production, Sales and Export figures for the month of May 2026

Company Update09 Jun 2026

Please refer enclosecd file

Company Update05 Jun 2026

Please refer enclosed file

Company Update02 Jun 2026

Please refer enclosed file

Company Update02 Jun 2026

Newspaper publication about the Transfer of Ordinary (Equity) shares of the Company to the Investor Education and Protection Fund Authority

Company Update02 Jun 2026

Please refer enclosed file

Company Update01 Jun 2026

Please refer enclosed file

Company Update01 Jun 2026

Please find enclosed the 3 Press Releases issued by the Company

Company Update30 May 2026

Please refer to the enclosed file.

Company Update27 May 2026

Please refer enclosed file

Company Update25 May 2026

Please refer enclosed

Company Update22 May 2026

Newspaper publication for information regarding Saksham Niveshak Campaign and Special Window for re - lodgement of transfer request of physical shares

Company Update22 May 2026

Newspaper publication for information regarding Saksham Niveshak Campaign and Special Window for re - lodgement of transfer request of physical shares

Company Update21 May 2026

Please refer enclosed file.

Company Update20 May 2026

Please refer the enclosed file

Company Update20 May 2026

Press Release on the appointment of Senior Management Personnel

Company Update14 May 2026

Please refer enclosed file.

Company Update14 May 2026

Please refer to the enclosed file.

Company Update09 May 2026

Please find enclosed Production, Sales and Exports figures for the month of April 2026

Company Update08 May 2026

Transcript of Q4 FY26 Earnings Call is enclosed

Company Update06 May 2026

Please refer Enclosed File

Company Update05 May 2026

In continuation of our letters referred above, we wish to inform you that the Company has today, i.e. 5th May 2026, conducted the M&M Analyst Meet Q4F26 Earnings Conference Call today ....

Company Update05 May 2026

Please find enclosed Disclosure of Related Party Transactions for H2 FY26

Company Update05 May 2026

Please refer enclosed

Corp. Action05 May 2026

Please refer enclosed file.

Company Update05 May 2026

Please refer the enclosed file

Company Update05 May 2026

Please refer enclosed

Board Meeting05 May 2026

Please refer enclosed file

Company Update05 May 2026

Please refer the enclosed file

Corp. Action05 May 2026

Please refer the enclosed file

AGM/EGM05 May 2026

Please refer the enclosed file

Result05 May 2026

Please refer enclosed file

Company Update01 May 2026

Please find enclosed the Annual Secretarial Compliance Report for the financial year ended 31st March 2026

Company Update01 May 2026

Please find attached the 3 Press Releases issued by the Company

Company Update01 May 2026

Please refer to the enclosed file.

Company Update29 Apr 2026

Newspaper Publication for the Information regarding Saksham Niveshak 100 days Campaign

Company Update28 Apr 2026

Please refer the enclosed file

Company Update27 Apr 2026

Please refer to the enclosed file.

Company Update24 Apr 2026

Please refer to the enclosed file.

Company Update24 Apr 2026

Appointment of Senior Management Personnel of the Company

Company Update23 Apr 2026

Please find enclosed the Press Release.

Company Update14 Apr 2026

Please refer the enclosed file.

Company Update10 Apr 2026

Please find enclosed Production, Sales and Exports figures for the month of March 2026

Company Update10 Apr 2026

Please refer to the enclosed file.

Company Update09 Apr 2026

Please refer to the enclosed file.

Annual Reports

14

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

Held by ETFs

78 ETFs hold M_M · sorted by weight

#ETFWeight %
1

AUTOBEES

NIPPONAMC - NETFAUTO

23.12%
2

SBIETFCON

SBIAMC - SBIETFCON

8.41%
3

HDFCGROWTH

HDFCAMC - HDFCGROWTH

12.37%
4

CONS

KOTAKMAMC - KOTAKCONS

8.40%
5

AXISCETF

AXISAMC - AXISCETF

8.40%
6

GROWWEV

GROWWAMC - GROWWEV

7.43%
7

EVINDIA

MIRAEAMC - EVINDIA

7.13%
8

TOP15IETF

ICICIPRAMC - TOP15IETF

6.60%
9

CONSUMIETF

ICICIPRAMC - ICICICONSU

8.41%
10

MAKEINDIA

MIRAEAMC - MAMFGETF

4.52%
11

EVIETF

ICICIPRAMC - EVIETF

7.13%
12

TOP20

MIRAEAMC - TOP20

4.96%
13

MANUFGBEES

NIPPONAMC - MANUFGBEES

4.51%
14

MOMGF

MOTILALAMC - MOMGF

4.51%
15

GROWWMOM50

GROWWAMC - GROWWMOM50

4.29%
16

DEFENCE

MIRAEAMC - DEFENCE

4.28%
17

HDFCSENSEX

HDFCAMC - HDFCSENSEX

3.07%
18

MOMENTUM50

MOTILALAMC - MOMENTUM50

4.12%
19

AXSENSEX

AXISAMC - AXSENSEX

3.07%
20

SENSEXBEES

NIPPON INDIA ETF SENSEX

3.07%
21

AUTOIETF

ICICIPRAMC - ICICIAUTO

23.12%
22

SBISENSEX

SBI MUTUAL FUND - SBI ETF SENS

3.07%
23

SENSEX1

KOTAK MAHINDRA MUTUAL FUND

3.07%
24

SENSEXBETA

UTIAMC-SENSEXBETA

3.07%
25

SENSEXIETF

ICICI PRUD SENSEX ETF

3.07%
26

LICNETFSEN

LICNAMC - LICNFESGP

3.06%
27

SENSEXADD

DSPAMC - DSPSENXETF

3.06%
28

BSLSENETFG

BIRLASLAMC - BSLSENETFG

3.07%
29

ESENSEX

EDELAMC - ESENSEX

3.06%
30

NIFTY1

KOTAK NIFTY ETF

2.52%
31

NIFTYBEES

NIP IND ETF NIFTY BEES

2.52%
32

ESG

MIRAEAMC - MAESGETF

3.03%
33

IDFSENSEXE

BANDHAN MUTUAL FUND

3.06%
34

SETFNIF50

SBI-ETF NIFTY 50

2.52%
35

SENSEXETF

MIRAEAMC - SENSEXETF

3.07%
36

ENIFTY

EDELAMC - ENIFTY

2.52%
37

AXISNIFTY

AXISAMC - AXISNIFTY

2.52%
38

HDFCNIFTY

HDFCAMC - HDFCNIFTY

2.52%
39

MOM50

MOTILAL OSWAL M50 ETF

2.52%
40

NETF

TATAAML - NETF

2.52%
41

NIFTYBETA

UTIAMC-NIFTYBETA

2.52%
42

BSLNIFTY

ADITYBIRLA SL NIF ETF-GR

2.52%
43

IVZINNIFTY

INVESCO INDIA NIFTY ETF

2.52%
44

NIFTYIETF

ICICI PRUD NIFTY ETF

2.52%
45

NIFTYETF

MIRAEAMC - MAN50ETF

2.52%
46

NIFTYCASE

ZERODHAAMC - NIFTYCASE

2.51%
47

AONENIFTY

AONEAMC - AONENIFTY

2.51%
48

GROWWNIFTY

GROWWAMC - GROWWNIFTY

2.51%
49

QNIFTY

QUANTUM NIFTY 50 ETF

2.52%
50

NIFTYADD

DSPAMC - DSPNIFTY

2.51%
51

LICNETFN50

LICNAMC - LICNFENGP

2.51%
52

NIFTYBETF

BFAM - NIFTYBETF

2.51%
53

ABSLMSCIN

BIRLASLAMC - ABSLMSCIN

2.06%
54

TOP100CASE

ZERODHAAMC - TOP100CASE

2.05%
55

IDFNIFTYET

BANDHANAMC - IDFNIFTYET

2.52%
56

NIF100IETF

ICICI PRUD NIFTY 100 ETF

2.04%
57

MSCIADD

DSPAMC - MSCIADD

2.05%
58

MSCIINDIA

KOTAKMAMC - MSCIINDIA

2.06%
59

NIF100BEES

NIP IND ETF NIFTY 100

2.04%
60

LICNFNHGP

LICNAMC - LICNFNHGP

2.04%
61

HDFCNIF100

HDFCAMC - HDFCNIF100

2.04%
62

MONIFTY100

MOTILALAMC - MONIFTY100

2.04%
63

SBINEQWETF

SBIAMC - SBINEQWETF

1.87%
64

SETFBSE100

SBI MUTUAL FUND

2.02%
65

MON50EQUAL

MOTILALAMC - MON50EQUAL

1.87%
66

EQUAL50ADD

DSPAMC - DSPNEWETF

1.86%
67

GROWWN200

GROWWAMC - GROWWN200

1.66%
68

EQUAL50

MIRAEAMC - EQUAL50

1.87%
69

BSE500IETF

ICICIPRAMC - ICICI500

1.44%
70

HDFCBSE500

HDFCAMC - HDFCBSE500

1.44%
71

MULTICAP

MIRAEAMC - MULTICAP

1.01%
72

MONIFTY500

MOTILALAMC - MONIFTY500

1.40%
73

NIFTY100EW

KOTAKMAMC - NIFTY100EW

0.90%
74

ALPHA

KOTAKMAMC - KOTAKALPHA

0.53%
75

EQUAL200

MIRAEAMC - EQUAL200

0.50%
76

MOALPHA50

MOTILALAMC - MOALPHA50

0.52%
77

AONETOTAL

AONEAMC - AONETOTAL

1.37%
78

ELM250

EDELAMC - ELM250

0.99%

Held by Mutual Funds

1 schemes hold M_M · sorted by weight

#SchemeWeight %
1

ICICI Prudential India Opportunities Fund

ICICI Prudential Mutual Fund

2.49%