Current Price
₹ 3,032
Live Data
About Company
Mahindra & Mahindra Ltd is one of the most diversified automobile company in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers.It also has presence across financial services, auto components, hospitality, infrastructure, retail, logistics, steel trading and processing, IT businesses, agri, aerospace, consulting services, defence, energy and industrial equipment through its subsidiaries and group companies.It was incorporated in 1945 by Ghulam Mohammad and two Mahindra Brothers (KC & JC Mahindra) and was later renamed as Mahindra & Mahindra in 1948.[1]
Financial Ratios
Key fundamental data analysis
Market Cap
₹ 3,76,791 Cr.
Current Price
₹ 3,032
High / Low
₹ 3,840 / 2,360
Stock P/E
23.6
Book Value
₹ 666
Dividend Yield
0.83 %
ROCE
13.9 %
ROE
18.0 %
Face Value
₹ 5.00
Analysis
Pros
- Company has delivered good profit growth of 113% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.1%
Cons
- Stock is trading at 4.55 times its book value
- Promoter holding is low: 18.4%
Quarterly Results
| Metrics | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 30621 | 32456 | 33892 | 34436 | 35299 | 35452 | 37218 | 37924 | 41470 | 42599 | 45529 | 46106 | 52100 |
| Expenses | 25368 | 26798 | 27642 | 28706 | 29075 | 28848 | 29975 | 30790 | 33239 | 34688 | 37301 | 37166 | 41939 |
| Operating Profit | 5254 | 5658 | 6249 | 5730 | 6224 | 6604 | 7243 | 7133 | 8231 | 7911 | 8228 | 8940 | 10160 |
| OPM % | 17 | 17 | 18 | 17 | 18 | 19 | 19 | 19 | 20 | 19 | 18 | 19 | 20 |
| Other Income | 1184 | 662 | 1065 | 812 | 756 | 750 | 733 | 1126 | 719 | 1141 | 1395 | 1134 | 976 |
| Interest | 1596 | 1634 | 1719 | 1835 | 1945 | 1989 | 2108 | 2217 | 2362 | 2397 | 2431 | 2347 | 2405 |
| Depreciation | 1110 | 1194 | 1128 | 1139 | 1123 | 1335 | 1248 | 1302 | 1495 | 2029 | 1548 | 1669 | 2163 |
| Profit before tax | 3732 | 3492 | 4468 | 3568 | 3912 | 4030 | 4621 | 4740 | 5092 | 4627 | 5644 | 6058 | 6569 |
| Tax % | 20 | 14 | 18 | 30 | 24 | 22 | 23 | 29 | 29 | 23 | 22 | 35 | 24 |
| Net Profit | 2994 | 2998 | 3684 | 2484 | 2977 | 3125 | 3546 | 3361 | 3624 | 3542 | 4377 | 3964 | 5021 |
| EPS in Rs | 21.53 | 21.2 | 28.21 | 18.88 | 21.38 | 22.15 | 26.4 | 25.5 | 25.58 | 26.5 | 32.84 | 29.54 | 37.59 |
Profit & Loss
| Metrics | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 74001 | 71448 | 75841 | 83773 | 92094 | 104721 | 75382 | 74278 | 90171 | 121269 | 139078 | 159211 | 186334 |
| Expenses | 63830 | 62655 | 65759 | 73038 | 78868 | 89514 | 65224 | 62791 | 75488 | 100983 | 114186 | 128693 | 151095 |
| Operating Profit | 10170 | 8793 | 10082 | 10735 | 13226 | 15207 | 10158 | 11487 | 14683 | 20285 | 24892 | 30518 | 35239 |
| OPM % | 14 | 12 | 13 | 13 | 14 | 15 | 13 | 15 | 16 | 17 | 18 | 19 | 19 |
| Other Income | 773 | 800 | 1399 | 2077 | 4366 | 2676 | 885 | 1152 | 3204 | 3961 | 3298 | 3718 | 4647 |
| Interest | 2954 | 3157 | 3368 | 3648 | 3987 | 5021 | 6021 | 6102 | 5018 | 5830 | 7488 | 9083 | 9580 |
| Depreciation | 2170 | 2124 | 2442 | 2813 | 3280 | 3991 | 3367 | 3378 | 3508 | 4357 | 4724 | 6074 | 7408 |
| Profit before tax | 5820 | 4313 | 5672 | 6350 | 10326 | 8871 | 1655 | 3158 | 9362 | 14060 | 15978 | 19080 | 22897 |
| Tax % | 26 | 40 | 37 | 36 | 23 | 32 | 119 | 52 | 23 | 19 | 23 | 26 | - |
| Net Profit | 5154 | 3381 | 3554 | 4051 | 7958 | 6017 | -321 | 1512 | 7253 | 11374 | 12270 | 14073 | 16904 |
| EPS in Rs | 37.89 | 25.26 | 25.35 | 29.77 | 60.41 | 42.76 | 1.02 | 14.58 | 52.91 | 82.68 | 90.62 | 103.97 | 126.47 |
| Dividend Payout % | 18 | 23 | 21 | 22 | 11 | 17 | 205 | 54 | 20 | 18 | 21 | 22 | - |