Mahindra & Mahindra Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 20.3%)
- Efficient capital deployment (ROCE 15.1%)
- Attractively valued vs sector (P/E 20.6x vs industry 41.7x)
Concerns
Today's Price Action
The stock is trading flat at ₹3,170, matching its last‑trade price with no intraday change. Volume stands at 14,89,414 shares, exactly equal to the 20‑day average, indicating typical market participation without any unusual buying or selling pressure.
Valuation Snapshot
M&M’s trailing P/E of 21.6 is the only comparable metric as the sector median P/E is not disclosed, making a direct relative assessment unavailable. The company’s return on equity of 20.3 % depicts strong profitability relative to its equity base.
Key Levels to Watch
The current price sits near the lower end of the 52‑week range (₹2,896 – ₹3,840), providing a potential support cushion. Open‑interest data are not supplied, so levels derived from option markets cannot be highlighted at this time.
Chart Pattern
On the daily chart, a bullish harami candle appeared eight days ago, where a small bullish body is nested within the prior day’s larger bearish real body, signalling a possible weakening of short‑term bearish momentum.
Data Summary
Key metrics include a P/E of 21.6, P/B of 0 (indicating a book‑value‑based valuation), and a market capitalisation reported as zero crore, suggesting a data‑entry anomaly. The stock’s price remains within its 52‑week corridor, and recent volume aligns with its historical average.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India Limited | ₹12,694 | ₹4.0L Cr | 27.8 | 3.72 | 14.3 | 18.9 | 0 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹11,919 | ₹3.3L Cr | 27.8 | 8.58 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,631 | ₹2.1L Cr | 36 | 8.34 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹4,133 | ₹2.0L Cr | 56.8 | 20.56 | 33.6 | 17.4 | 3.89 |
| HYUNDAI Hyundai Motor India Limited | ₹2,205 | ₹1.8L Cr | 36.2 | 8.96 | 29.9 | 38.4 | 0.05 |
| MOTHERSON Samvardhana Motherson International Limited | ₹161 | ₹1.7L Cr | 37.1 | 4.14 | 11.2 | 13.4 | 0.53 |
| BOSCHLTD Bosch Limited | ₹46,820 | ₹1.4L Cr | 58.4 | 9.3 | 14.6 | 21.5 | 0.01 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
M&M · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 19.33% | 18.58% | 18.55% | 18.53% | 18.48% | 18.45% |
| FII | 40.86% | 41.75% | 41.90% | 41.18% | 38.92% | 38.30% |
| DII | 26.26% | 26.13% | 26.18% | 27.04% | 29.22% | 29.77% |
| Public | 9.71% | 9.70% | 9.57% | 9.44% | 9.66% | 9.78% |
| Govt | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.08% |
| Others | 3.77% | 3.75% | 3.73% | 3.69% | 3.63% | 3.60% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Latest News
All newsMahindra Lifespace receives credit rating update
*Mahindra Lifespace receives credit rating update* from a rating agency, assessing its debt repayment capacity and creditworthiness. The rating reflects the company’s current financial health and market position in the realty sector. Investors may review the detailed report for risk assessment. 📊 *STOCKS:* MAHLIFE | 🏢 *SECTOR:* Realty | #LOWIMPACT #CreditRating
M&M FSL to merge with Mahindra Finance
*M&M FSL to merge with Mahindra Finance* — The board approved the scheme of merger, consolidating operations under Mahindra & Mahindra. This move aims to streamline the financial services business and unlock shareholder value. The merged entity will strengthen the group’s rural financing footprint. 📊 *STOCKS:* $M&MFIN | 🏢 *SECTOR:* CapitalMarkets | #HIGHIMPACT #Merger
M&M board meet outcome announced, no major announcements
*M&M board meet outcome announced, no major announcements*. The company disclosed the outcome of its July 30, 2026 board meeting, with no significant strategic or financial updates. Routine corporate filing suggests business as usual. Investors await next quarter’s guidance. 📊 *STOCKS:* $M&M | 🏢 *SECTOR:* Auto | #LOWIMPACT #BoardMeeting
M&M reports Q1 FY27 standalone and consolidated results
*M&M reports Q1 FY27 standalone and consolidated results*. The company announced its unaudited financial performance for the first quarter ended June 30, 2026. Key figures include **revenue of ₹32,412 crore** and **net profit of ₹3,184 crore**, marking a strong year-on-year growth. Results reflect robust demand across SUV and electric vehicle segments. 📊 *STOCKS:* $M&M | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Earnings
M&M informs exchange about potential merger
*M&M informs exchange about potential merger.* The company has disclosed an amalgamation or merger proposal to the stock exchange as part of regulatory requirements. Specific details including structure, counterparty, or financial impact are **not yet revealed**. Further updates expected in due course. 📊 *STOCKS:* $M&M | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Merger
M&M reports Q1FY26 results with **₹12,450Cr** revenue
*M&M reports Q1FY26 results with **₹12,450Cr** revenue*. The company posted a net profit of **₹1,180Cr**, up 14% YoY. EBITDA margin expanded to **16.3%** from 15.1% last year. Strong tractor and utility vehicle sales drove performance. 📊 *STOCKS:* $M&M | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Earnings
SML Isuzu to acquire M&M’s Truck and Bus division
*SML Isuzu to acquire Mahindra & Mahindra’s Truck and Bus Division via slump sale.* The acquisition is structured under a Business Transfer Agreement, marking a strategic expansion in the commercial vehicle space. This move significantly enhances SML Isuzu’s product portfolio and manufacturing capabilities. The transaction value and terms will be disclosed in upcoming filings. 📊 *STOCKS:* $SMLISUZU | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Acquisition
M&M to sell truck and bus division to SML
*M&M to sell truck and bus division to SML*. Board approved the **slump sale** of its Truck and Bus Division to SML Mahindra Limited under a Business Transfer Agreement. The move marks a strategic divestment in the auto sector. Financial terms not yet disclosed. 📊 *STOCKS:* M&M, SML | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Divestment
SML Isuzu board meets; no major announcements disclosed
*SML Isuzu board convened for a meeting on June 30, 2026.* No significant decisions like fund raising, acquisitions, or leadership changes were disclosed. The outcome did not reveal any **dividend declaration** or **major capex plan**. Routine corporate update with limited immediate market implications. 📊 *STOCKS:* SMLISUZU | 🏢 *SECTOR:* Auto | #LOWIMPACT #BoardMeeting
M&M to acquire unspecified business or asset
*M&M to acquire unspecified business or asset*. Mahindra & Mahindra Limited has informed the exchange about a potential acquisition. The filing does not disclose the target, size, or financial terms of the deal. Further details are awaited which could influence investor sentiment. 📊 *STOCKS:* M&M | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Acquisition
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹52.1K Cr 13.0% | ₹46.1K Cr 1.3% | ₹45.5K Cr 6.9% | ₹42.6K Cr 2.7% | ₹41.5K Cr 9.4% | ₹37.9K Cr 1.9% | ₹37.2K Cr 5.0% | ₹35.5K Cr |
| Op. Profit | ₹10.2K Cr 13.6% | ₹8.9K Cr 6.3% | ₹8.4K Cr 5.9% | ₹7.9K Cr 3.5% | ₹8.2K Cr 15.4% | ₹7.1K Cr 1.5% | ₹7.2K Cr 9.7% | ₹6.6K Cr |
| OPM | 20.0% 5.3% | 19.0% 5.6% | 18.0% 5.3% | 19.0% 5.0% | 20.0% 5.3% | 19.0% 0.0% | 19.0% 0.0% | 19.0% |
| Net Profit | ₹5.0K Cr 26.7% | ₹4.0K Cr 9.4% | ₹4.4K Cr 23.6% | ₹3.5K Cr 2.3% | ₹3.6K Cr 7.8% | ₹3.4K Cr 5.2% | ₹3.5K Cr 13.5% | ₹3.1K Cr |
| EPS (₹) | 37.59 27.3% | 29.54 10.0% | 32.84 23.9% | 26.5 3.6% | 25.58 0.3% | 25.5 3.4% | 26.4 19.2% | 22.15 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.0L Cr 24.8% | ₹1.6L Cr 14.5% | ₹1.4L Cr 14.6% | ₹1.2L Cr 34.6% | ₹90.2K Cr 21.4% | ₹74.3K Cr 1.5% | ₹75.4K Cr 28.0% | ₹1.0L Cr 13.7% | ₹92.1K Cr 9.9% | ₹83.8K Cr |
| Expenses | ₹1.6L Cr 25.6% | ₹1.3L Cr 12.7% | ₹1.1L Cr 13.0% | ₹1.0L Cr 33.8% | ₹75.5K Cr 20.2% | ₹62.8K Cr 3.7% | ₹65.2K Cr 27.1% | ₹89.5K Cr 13.5% | ₹78.9K Cr 8.0% | ₹73.0K Cr |
| Op. Profit | ₹37.0K Cr 21.2% | ₹30.5K Cr 22.6% | ₹24.9K Cr 22.5% | ₹20.3K Cr 38.4% | ₹14.7K Cr 27.8% | ₹11.5K Cr 13.1% | ₹10.2K Cr 33.2% | ₹15.2K Cr 15.0% | ₹13.2K Cr 23.2% | ₹10.7K Cr |
| OPM | 19.0% 0.0% | 19.0% 5.6% | 18.0% 5.9% | 17.0% 6.3% | 16.0% 6.7% | 15.0% 15.4% | 13.0% 13.3% | 15.0% 7.1% | 14.0% 7.7% | 13.0% |
| Other Income | ₹5.1K Cr 37.7% | ₹3.7K Cr 12.7% | ₹3.3K Cr 15.9% | ₹3.9K Cr 22.4% | ₹3.2K Cr 178.1% | ₹1.2K Cr 30.2% | ₹885 Cr 66.9% | ₹2.7K Cr 38.7% | ₹4.4K Cr 110.2% | ₹2.1K Cr |
| Interest | ₹9.6K Cr 5.6% | ₹9.1K Cr 21.3% | ₹7.5K Cr 28.4% | ₹5.8K Cr 16.2% | ₹5.0K Cr 17.8% | ₹6.1K Cr 1.3% | ₹6.0K Cr 19.9% | ₹5.0K Cr 25.9% | ₹4.0K Cr 9.3% | ₹3.6K Cr |
| Depreciation | ₹7.3K Cr 20.5% | ₹6.1K Cr 28.6% | ₹4.7K Cr 8.4% | ₹4.4K Cr 24.2% | ₹3.5K Cr 3.8% | ₹3.4K Cr 0.3% | ₹3.4K Cr 15.6% | ₹4.0K Cr 21.7% | ₹3.3K Cr 16.6% | ₹2.8K Cr |
| PBT | ₹25.2K Cr 32.0% | ₹19.1K Cr 19.4% | ₹16.0K Cr 13.6% | ₹14.1K Cr 50.2% | ₹9.4K Cr 196.5% | ₹3.2K Cr 90.8% | ₹1.7K Cr 81.3% | ₹8.9K Cr 14.1% | ₹10.3K Cr 62.6% | ₹6.3K Cr |
| Tax % | 26.0% 0.0% | 26.0% 13.0% | 23.0% 21.1% | 19.0% 17.4% | 23.0% 55.8% | 52.0% 56.3% | 119.0% 271.9% | 32.0% 39.1% | 23.0% 36.1% | 36.0% |
| Net Profit | ₹18.6K Cr 32.3% | ₹14.1K Cr 14.7% | ₹12.3K Cr 7.9% | ₹11.4K Cr 56.8% | ₹7.3K Cr 379.7% | ₹1.5K Cr 571.0% | ₹-321 Cr 105.3% | ₹6.0K Cr 24.4% | ₹8.0K Cr 96.4% | ₹4.1K Cr |
| EPS (₹) | 137.5 32.2% | 103.97 14.7% | 90.62 9.6% | 82.68 56.3% | 52.91 262.9% | 14.58 1329.4% | 1.02 97.6% | 42.76 29.2% | 60.41 102.9% | 29.77 |
| Div Payout | 22.0% 0.0% | 22.0% 4.8% | 21.0% 16.7% | 18.0% 10.0% | 20.0% 63.0% | 54.0% 73.7% | 205.0% 1105.9% | 17.0% 54.5% | 11.0% 50.0% | 22.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹558 Cr 0.0% | ₹558 Cr 0.2% | ₹557 Cr 0.0% | ₹557 Cr 0.2% | ₹556 Cr 0.2% | ₹555 Cr 0.2% | ₹554 Cr 1.8% | ₹544 Cr 0.2% | ₹543 Cr 74.6% | ₹311 Cr |
| Reserves | ₹82.3K Cr 7.6% | ₹76.5K Cr 16.5% | ₹65.6K Cr 17.6% | ₹55.8K Cr 19.8% | ₹46.6K Cr 13.5% | ₹41.0K Cr 4.1% | ₹39.4K Cr 0.1% | ₹39.4K Cr 8.9% | ₹36.2K Cr 23.0% | ₹29.5K Cr |
| Borrowings | ₹1.3L Cr 1.8% | ₹1.3L Cr 18.8% | ₹1.1L Cr 17.3% | ₹92.6K Cr 19.4% | ₹77.6K Cr 3.7% | ₹80.6K Cr 1.8% | ₹82.1K Cr 15.9% | ₹70.8K Cr 26.7% | ₹55.9K Cr 14.6% | ₹48.8K Cr |
| Other Liabilities | ₹83.4K Cr 19.2% | ₹70.0K Cr 16.8% | ₹59.9K Cr 8.3% | ₹55.3K Cr 16.0% | ₹47.7K Cr 11.5% | ₹42.8K Cr 2.0% | ₹43.7K Cr 14.5% | ₹51.1K Cr 16.8% | ₹43.7K Cr 23.8% | ₹35.3K Cr |
| Total Liabilities | ₹2.9L Cr 6.1% | ₹2.8L Cr 17.6% | ₹2.3L Cr 14.9% | ₹2.0L Cr 18.5% | ₹1.7L Cr 4.5% | ₹1.6L Cr 0.5% | ₹1.7L Cr 2.4% | ₹1.6L Cr 18.7% | ₹1.4L Cr 19.8% | ₹1.1L Cr |
Assets | ||||||||||
| Fixed Assets | ₹41.9K Cr 20.9% | ₹34.6K Cr 23.1% | ₹28.1K Cr 3.6% | ₹27.1K Cr 4.3% | ₹26.0K Cr 21.7% | ₹21.4K Cr 28.0% | ₹29.7K Cr 2.4% | ₹29.0K Cr 10.7% | ₹26.2K Cr 24.7% | ₹21.0K Cr |
| CWIP | ₹2.6K Cr 69.0% | ₹8.3K Cr 3.2% | ₹8.0K Cr 102.5% | ₹4.0K Cr 40.8% | ₹6.7K Cr 14.9% | ₹7.9K Cr 14.8% | ₹6.9K Cr 44.0% | ₹4.8K Cr 11.5% | ₹4.3K Cr 0.2% | ₹4.3K Cr |
| Investments | ₹36.3K Cr 12.1% | ₹41.3K Cr 17.3% | ₹35.2K Cr 0.2% | ₹35.3K Cr 17.3% | ₹30.1K Cr 4.5% | ₹28.8K Cr 49.8% | ₹19.2K Cr 5.2% | ₹18.3K Cr 14.0% | ₹16.0K Cr 9.2% | ₹14.7K Cr |
| Other Assets | ₹2.1L Cr 10.6% | ₹1.9L Cr 17.4% | ₹1.6L Cr 18.5% | ₹1.4L Cr 25.8% | ₹1.1L Cr 2.5% | ₹1.1L Cr 2.7% | ₹1.1L Cr 0.1% | ₹1.1L Cr 22.2% | ₹89.9K Cr 21.6% | ₹73.9K Cr |
| Total Assets | ₹2.9L Cr 6.1% | ₹2.8L Cr 17.6% | ₹2.3L Cr 14.9% | ₹2.0L Cr 18.5% | ₹1.7L Cr 4.5% | ₹1.6L Cr 0.5% | ₹1.7L Cr 2.4% | ₹1.6L Cr 18.7% | ₹1.4L Cr 19.8% | ₹1.1L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹3.2K Cr 156.4% | ₹-5.6K Cr 20.4% | ₹-7.1K Cr 176.5% | ₹9.2K Cr 48.4% | ₹17.9K Cr 1329.2% | ₹-1.5K Cr 66.5% | ₹-4.3K Cr 737.4% | ₹682 Cr 272.7% | ₹183 Cr 92.3% | ₹2.4K Cr |
| Investing CF | ₹-18.6K Cr 231.5% | ₹-5.6K Cr 36.7% | ₹-8.9K Cr 172.6% | ₹-3.3K Cr 83.5% | ₹-19.7K Cr 186.6% | ₹-6.9K Cr 4.2% | ₹-7.2K Cr 31.2% | ₹-5.5K Cr 6.9% | ₹-5.9K Cr 6.7% | ₹-5.5K Cr |
| Financing CF | ₹15.8K Cr 28.9% | ₹12.3K Cr 23.0% | ₹15.9K Cr 371.1% | ₹-5.9K Cr 1549.0% | ₹406 Cr 94.1% | ₹6.9K Cr 47.5% | ₹13.2K Cr 109.0% | ₹6.3K Cr 3.4% | ₹6.1K Cr 105.9% | ₹3.0K Cr |
| Net Cash Flow | ₹394 Cr 62.0% | ₹1.0K Cr 17183.3% | ₹6 Cr 94.7% | ₹113 Cr 108.2% | ₹-1.4K Cr 1.7% | ₹-1.4K Cr 183.4% | ₹1.7K Cr 9.4% | ₹1.5K Cr 267.5% | ₹416 Cr 370.1% | ₹-154 Cr |
| Free Cash Flow | ₹-6.6K Cr 56.7% | ₹-15.3K Cr 15.6% | ₹-13.2K Cr 497.9% | ₹3.3K Cr 74.9% | ₹13.3K Cr 261.0% | ₹-8.3K Cr 28.5% | ₹-11.5K Cr 126.0% | ₹-5.1K Cr 6.9% | ₹-4.8K Cr 176.5% | ₹-1.7K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 19d 5.0% | 20d 4.8% | 21d 19.2% | 26d 13.3% | 30d 11.8% | 34d 13.3% | 30d 11.8% | 34d 9.7% | 31d 10.7% | 28d |
| Inventory Days | 78d 3.7% | 81d 2.4% | 83d 1.2% | 82d 9.9% | 91d 14.2% | 106d 43.2% | 74d 15.6% | 64d 0.0% | 64d 13.5% | 74d |
| Days Payable | 118d 5.4% | 112d 5.1% | 118d 11.9% | 134d 8.8% | 147d 3.5% | 142d 11.8% | 127d 1.6% | 125d 16.8% | 107d 0.9% | 108d |
| Cash Conv. Cycle | -21d 90.9% | -11d 15.4% | -13d 51.9% | -27d 3.8% | -26d 766.7% | -3d 87.0% | -23d 14.8% | -27d 145.5% | -11d 83.3% | -6d |
| Working Capital Days | -14d 75.0% | -8d 42.9% | -14d 7.7% | -13d 18.2% | -11d 45.0% | -20d 42.9% | -14d 75.0% | -8d 300.0% | -2d 33.3% | -3d |
| ROCE | 14.0% 0.0% | 14.0% 7.7% | 13.0% 18.2% | 11.0% 37.5% | 8.0% 14.3% | 7.0% 41.7% | 12.0% 7.7% | 13.0% 8.3% | 12.0% 7.7% | 13.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Mahindra & Mahindra Limited
Mahindra & Mahindra Ltd is one of the most diversified automobile company in India with presence across 2-wheelers, 3-wheelers, PVs, CVs, tractors & earthmovers.
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