Share Price and Basic Stock Data
Last Updated: January 6, 2026, 7:24 pm
| PEG Ratio | 1.98 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Mahindra & Mahindra Ltd, operating within the Auto – Cars & Jeeps industry, reported a market capitalization of ₹4,72,839 Cr. The company’s stock price stood at ₹3,802, reflecting a P/E ratio of 33.2. The firm has demonstrated consistent revenue growth, with total sales increasing from ₹90,171 Cr in FY 2022 to ₹121,269 Cr in FY 2023, and projected to reach ₹139,078 Cr in FY 2024. The latest quarterly sales data for September 2023 recorded ₹34,436 Cr, representing a year-on-year increase of 15.5% compared to ₹29,870 Cr in September 2022. This upward trajectory indicates a robust demand for Mahindra’s automotive offerings, buoyed by a strong recovery in the automotive sector post-pandemic. The company’s operational performance is further underscored by a trailing twelve-month (TTM) sales figure of ₹175,704 Cr, which positions it favorably against industry peers.
Profitability and Efficiency Metrics
Mahindra & Mahindra’s profitability metrics illustrate a solid operational foundation. The company recorded a net profit of ₹15,507 Cr, translating to a net profit margin of 7.89% in FY 2025. Operating profit margins (OPM) have improved from 16% in FY 2022 to 19% in FY 2025, showcasing enhanced operational efficiency. The interest coverage ratio (ICR) of 3.60x signifies the company’s capacity to meet interest obligations comfortably. The return on equity (ROE) stood at 18.0%, reflecting effective management of shareholders’ equity. However, the company faces challenges with fluctuating net profits, particularly evident in Q2 FY 2024, where net profit dipped to ₹2,484 Cr compared to ₹3,684 Cr in Q2 FY 2023. This volatility could impact investor perception if not managed effectively.
Balance Sheet Strength and Financial Ratios
Mahindra & Mahindra’s balance sheet reveals a mix of strengths and weaknesses. Total borrowings amounted to ₹126,709 Cr, against reserves of ₹82,286 Cr, highlighting a debt-to-equity ratio of 1.57x. This level of debt is relatively high compared to the industry average, posing potential risks. Nevertheless, the company’s current ratio of 1.40 indicates adequate short-term liquidity to cover obligations. The book value per share stood at ₹690.13, showcasing a solid asset base. The return on capital employed (ROCE) was reported at 14.21%, suggesting efficient capital utilization. The company’s enterprise value of ₹410,261.90 Cr combined with its net operating revenue demonstrates a healthy EV/EBITDA ratio of 12.55, which is within acceptable industry ranges, reflecting investor confidence in the company’s long-term growth potential.
Shareholding Pattern and Investor Confidence
The shareholding structure of Mahindra & Mahindra illustrates diverse investor confidence. Promoters hold 18.43% of the company, while foreign institutional investors (FIIs) and domestic institutional investors (DIIs) own 38.04% and 29.95%, respectively. This distribution indicates a strong institutional backing, which often correlates with stability and growth potential. The public holds 9.93% of the shares, reflecting moderate retail participation. Over the past year, promoter holdings have seen a slight decline, from 19.39% in December 2022 to 18.43% in September 2025. Conversely, FIIs have slightly reduced their stake from 39.16% in December 2022 to 38.04%, potentially signaling a cautious outlook amidst market volatility. The total number of shareholders rose to 8,81,154, underscoring growing investor interest in the firm.
Outlook, Risks, and Final Insight
Looking ahead, Mahindra & Mahindra’s growth trajectory appears promising, supported by strong revenue trends and profitability metrics. However, risks remain, particularly concerning its high leverage and fluctuating net profits. Should the automotive sector continue to rebound, the company could capitalize on this momentum, leading to improved financial performance. Conversely, any downturn in consumer demand or global supply chain disruptions could adversely affect operations. Additionally, maintaining operational efficiency will be crucial to sustaining margins in a competitive landscape. Overall, Mahindra & Mahindra has the potential for substantial growth, provided it navigates its risks effectively and leverages its strengths in market positioning and operational capabilities.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mahindra & Mahindra Ltd | 4,70,595 Cr. | 3,786 | 3,840/2,360 | 33.1 | 666 | 0.67 % | 13.9 % | 18.0 % | 5.00 |
| Industry Average | 470,595.00 Cr | 3,786.00 | 33.10 | 666.00 | 0.67% | 13.90% | 18.00% | 5.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 29,870 | 30,621 | 32,456 | 33,892 | 34,436 | 35,299 | 35,452 | 37,218 | 37,924 | 41,470 | 42,599 | 45,529 | 46,106 |
| Expenses | 24,802 | 25,368 | 26,798 | 27,642 | 28,706 | 29,075 | 28,848 | 29,975 | 30,790 | 33,239 | 34,688 | 37,301 | 37,177 |
| Operating Profit | 5,068 | 5,254 | 5,658 | 6,249 | 5,730 | 6,224 | 6,604 | 7,243 | 7,133 | 8,231 | 7,911 | 8,228 | 8,929 |
| OPM % | 17% | 17% | 17% | 18% | 17% | 18% | 19% | 19% | 19% | 20% | 19% | 18% | 19% |
| Other Income | 1,348 | 1,184 | 662 | 1,065 | 812 | 756 | 750 | 733 | 1,126 | 719 | 1,141 | 1,395 | 1,145 |
| Interest | 1,382 | 1,596 | 1,634 | 1,719 | 1,835 | 1,945 | 1,989 | 2,108 | 2,217 | 2,362 | 2,397 | 2,431 | 2,347 |
| Depreciation | 1,092 | 1,110 | 1,194 | 1,128 | 1,139 | 1,123 | 1,335 | 1,248 | 1,302 | 1,495 | 2,029 | 1,548 | 1,669 |
| Profit before tax | 3,943 | 3,732 | 3,492 | 4,468 | 3,568 | 3,912 | 4,030 | 4,621 | 4,740 | 5,092 | 4,627 | 5,644 | 6,058 |
| Tax % | 23% | 20% | 14% | 18% | 30% | 24% | 22% | 23% | 29% | 29% | 23% | 22% | 35% |
| Net Profit | 3,021 | 2,994 | 2,998 | 3,684 | 2,484 | 2,977 | 3,125 | 3,546 | 3,361 | 3,624 | 3,542 | 4,377 | 3,964 |
| EPS in Rs | 22.30 | 21.53 | 21.20 | 28.21 | 18.88 | 21.38 | 22.15 | 26.40 | 25.50 | 25.58 | 26.50 | 32.84 | 29.54 |
Last Updated: December 30, 2025, 2:06 am
Below is a detailed analysis of the quarterly data for Mahindra & Mahindra Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 46,106.00 Cr.. The value appears strong and on an upward trend. It has increased from 45,529.00 Cr. (Jun 2025) to 46,106.00 Cr., marking an increase of 577.00 Cr..
- For Expenses, as of Sep 2025, the value is 37,177.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 37,301.00 Cr. (Jun 2025) to 37,177.00 Cr., marking a decrease of 124.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 8,929.00 Cr.. The value appears strong and on an upward trend. It has increased from 8,228.00 Cr. (Jun 2025) to 8,929.00 Cr., marking an increase of 701.00 Cr..
- For OPM %, as of Sep 2025, the value is 19.00%. The value appears strong and on an upward trend. It has increased from 18.00% (Jun 2025) to 19.00%, marking an increase of 1.00%.
- For Other Income, as of Sep 2025, the value is 1,145.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,395.00 Cr. (Jun 2025) to 1,145.00 Cr., marking a decrease of 250.00 Cr..
- For Interest, as of Sep 2025, the value is 2,347.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,431.00 Cr. (Jun 2025) to 2,347.00 Cr., marking a decrease of 84.00 Cr..
- For Depreciation, as of Sep 2025, the value is 1,669.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,548.00 Cr. (Jun 2025) to 1,669.00 Cr., marking an increase of 121.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 6,058.00 Cr.. The value appears strong and on an upward trend. It has increased from 5,644.00 Cr. (Jun 2025) to 6,058.00 Cr., marking an increase of 414.00 Cr..
- For Tax %, as of Sep 2025, the value is 35.00%. The value appears to be increasing, which may not be favorable. It has increased from 22.00% (Jun 2025) to 35.00%, marking an increase of 13.00%.
- For Net Profit, as of Sep 2025, the value is 3,964.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,377.00 Cr. (Jun 2025) to 3,964.00 Cr., marking a decrease of 413.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 29.54. The value appears to be declining and may need further review. It has decreased from 32.84 (Jun 2025) to 29.54, marking a decrease of 3.30.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 5:01 am
| Metric | 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 | 74,001 | 71,448 | 75,841 | 83,773 | 92,094 | 104,721 | 75,382 | 74,278 | 90,171 | 121,269 | 139,078 | 159,211 | 175,704 |
| Expenses | 63,830 | 62,655 | 65,759 | 73,038 | 78,868 | 89,514 | 65,224 | 62,791 | 75,488 | 100,983 | 114,186 | 128,693 | 142,406 |
| Operating Profit | 10,170 | 8,793 | 10,082 | 10,735 | 13,226 | 15,207 | 10,158 | 11,487 | 14,683 | 20,285 | 24,892 | 30,518 | 33,299 |
| OPM % | 14% | 12% | 13% | 13% | 14% | 15% | 13% | 15% | 16% | 17% | 18% | 19% | 19% |
| Other Income | 773 | 800 | 1,399 | 2,077 | 4,366 | 2,676 | 885 | 1,152 | 3,204 | 3,961 | 3,298 | 3,718 | 4,400 |
| Interest | 2,954 | 3,157 | 3,368 | 3,648 | 3,987 | 5,021 | 6,021 | 6,102 | 5,018 | 5,830 | 7,488 | 9,083 | 9,537 |
| Depreciation | 2,170 | 2,124 | 2,442 | 2,813 | 3,280 | 3,991 | 3,367 | 3,378 | 3,508 | 4,357 | 4,724 | 6,074 | 6,740 |
| Profit before tax | 5,820 | 4,313 | 5,672 | 6,350 | 10,326 | 8,871 | 1,655 | 3,158 | 9,362 | 14,060 | 15,978 | 19,080 | 21,421 |
| Tax % | 26% | 40% | 37% | 36% | 23% | 32% | 119% | 52% | 23% | 19% | 23% | 26% | |
| Net Profit | 5,154 | 3,381 | 3,554 | 4,051 | 7,958 | 6,017 | -321 | 1,512 | 7,253 | 11,374 | 12,270 | 14,073 | 15,507 |
| 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 | 114.46 |
| Dividend Payout % | 18% | 23% | 21% | 22% | 11% | 17% | 205% | 54% | 20% | 18% | 21% | 22% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -34.40% | 5.12% | 13.98% | 96.45% | -24.39% | -105.33% | 571.03% | 379.70% | 56.82% | 7.88% | 14.69% |
| Change in YoY Net Profit Growth (%) | 0.00% | 39.52% | 8.87% | 82.46% | -120.84% | -80.94% | 676.36% | -191.33% | -322.88% | -48.94% | 6.82% |
Mahindra & Mahindra Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
No data available for the compounded sales growth chart.
Balance Sheet
Last Updated: December 4, 2025, 1:36 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 295 | 296 | 270 | 311 | 543 | 544 | 554 | 555 | 556 | 557 | 557 | 558 | 558 |
| Reserves | 23,012 | 25,561 | 26,222 | 29,467 | 36,232 | 39,439 | 39,415 | 41,027 | 46,567 | 55,809 | 65,633 | 76,481 | 82,286 |
| Borrowings | 35,167 | 37,911 | 41,553 | 48,762 | 55,898 | 70,848 | 82,092 | 80,625 | 77,605 | 92,247 | 108,647 | 129,025 | 126,709 |
| Other Liabilities | 29,415 | 30,608 | 31,806 | 35,296 | 43,696 | 51,057 | 43,655 | 42,762 | 47,661 | 55,670 | 59,884 | 69,950 | 83,376 |
| Total Liabilities | 87,889 | 94,376 | 99,852 | 113,835 | 136,369 | 161,889 | 165,716 | 164,968 | 172,388 | 204,283 | 234,722 | 276,013 | 292,930 |
| Fixed Assets | 18,381 | 19,047 | 20,585 | 20,989 | 26,182 | 28,983 | 29,689 | 21,380 | 26,018 | 27,140 | 28,129 | 34,636 | 41,872 |
| CWIP | 2,191 | 3,032 | 2,371 | 4,279 | 4,269 | 4,760 | 6,856 | 7,873 | 6,703 | 3,969 | 8,039 | 8,298 | 2,570 |
| Investments | 8,082 | 10,027 | 11,603 | 14,662 | 16,018 | 18,268 | 19,210 | 28,778 | 30,060 | 35,272 | 35,208 | 41,309 | 36,327 |
| Other Assets | 59,234 | 62,270 | 65,293 | 73,905 | 89,900 | 109,878 | 109,960 | 106,938 | 109,607 | 137,902 | 163,345 | 191,771 | 212,160 |
| Total Assets | 87,889 | 94,376 | 99,852 | 113,835 | 136,369 | 161,889 | 165,716 | 164,968 | 172,388 | 204,283 | 234,722 | 276,013 | 292,930 |
Below is a detailed analysis of the balance sheet data for Mahindra & Mahindra Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 558.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 558.00 Cr..
- For Reserves, as of Sep 2025, the value is 82,286.00 Cr.. The value appears strong and on an upward trend. It has increased from 76,481.00 Cr. (Mar 2025) to 82,286.00 Cr., marking an increase of 5,805.00 Cr..
- For Borrowings, as of Sep 2025, the value is 126,709.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 129,025.00 Cr. (Mar 2025) to 126,709.00 Cr., marking a decrease of 2,316.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 83,376.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 69,950.00 Cr. (Mar 2025) to 83,376.00 Cr., marking an increase of 13,426.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 292,930.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 276,013.00 Cr. (Mar 2025) to 292,930.00 Cr., marking an increase of 16,917.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 41,872.00 Cr.. The value appears strong and on an upward trend. It has increased from 34,636.00 Cr. (Mar 2025) to 41,872.00 Cr., marking an increase of 7,236.00 Cr..
- For CWIP, as of Sep 2025, the value is 2,570.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8,298.00 Cr. (Mar 2025) to 2,570.00 Cr., marking a decrease of 5,728.00 Cr..
- For Investments, as of Sep 2025, the value is 36,327.00 Cr.. The value appears to be declining and may need further review. It has decreased from 41,309.00 Cr. (Mar 2025) to 36,327.00 Cr., marking a decrease of 4,982.00 Cr..
- For Other Assets, as of Sep 2025, the value is 212,160.00 Cr.. The value appears strong and on an upward trend. It has increased from 191,771.00 Cr. (Mar 2025) to 212,160.00 Cr., marking an increase of 20,389.00 Cr..
- For Total Assets, as of Sep 2025, the value is 292,930.00 Cr.. The value appears strong and on an upward trend. It has increased from 276,013.00 Cr. (Mar 2025) to 292,930.00 Cr., marking an increase of 16,917.00 Cr..
However, the Borrowings (126,709.00 Cr.) are higher than the Reserves (82,286.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -25.00 | -29.00 | -31.00 | -38.00 | -42.00 | -55.00 | -72.00 | -69.00 | -63.00 | -72.00 | -84.00 | -99.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 28 | 28 | 28 | 31 | 34 | 30 | 34 | 30 | 26 | 21 | 20 | 19 |
| Inventory Days | 68 | 72 | 74 | 64 | 64 | 74 | 106 | 91 | 82 | 83 | 81 | 78 |
| Days Payable | 96 | 97 | 108 | 107 | 125 | 127 | 142 | 147 | 134 | 118 | 112 | 118 |
| Cash Conversion Cycle | 0 | 3 | -6 | -11 | -27 | -23 | -3 | -26 | -27 | -13 | -11 | -21 |
| Working Capital Days | 16 | -5 | -3 | -2 | -8 | -14 | -20 | -11 | -13 | -14 | -8 | -14 |
| ROCE % | 14% | 11% | 13% | 12% | 13% | 12% | 7% | 8% | 11% | 13% | 14% | 14% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Parag Parikh Flexi Cap Fund | 12,435,671 | 3.6 | 4672.45 | N/A | N/A | N/A |
| ICICI Prudential Large Cap Fund | 5,173,398 | 2.49 | 1943.8 | N/A | N/A | N/A |
| Nippon India Large Cap Fund | 3,690,580 | 2.76 | 1386.66 | N/A | N/A | N/A |
| Axis Large Cap Fund | 3,234,455 | 3.57 | 1215.28 | 3,254,055 | 2025-12-14 01:18:41 | -0.6% |
| Aditya Birla Sun Life Large Cap Fund | 3,031,152 | 3.62 | 1138.89 | 3,033,762 | 2025-12-14 01:18:41 | -0.09% |
| HDFC Balanced Advantage Fund | 2,914,563 | 1.01 | 1095.09 | N/A | N/A | N/A |
| SBI ELSS Tax Saver Fund | 2,515,083 | 2.92 | 944.99 | N/A | N/A | N/A |
| Axis ELSS Tax Saver Fund | 2,499,554 | 2.68 | 939.16 | 2,565,390 | 2025-12-14 01:18:41 | -2.57% |
| Mirae Asset Large Cap Fund | 2,482,278 | 2.23 | 932.67 | N/A | N/A | N/A |
| Invesco India Contra Fund | 2,222,444 | 4.05 | 835.04 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Basic EPS (Rs.) | 115.91 | 101.14 | 92.41 | 59.20 | 16.33 |
| Diluted EPS (Rs.) | 115.06 | 100.70 | 91.96 | 58.83 | 16.15 |
| Cash EPS (Rs.) | 166.71 | 142.38 | 127.74 | 80.07 | 32.55 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 690.13 | 695.30 | 602.37 | 510.96 | 456.20 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 690.13 | 695.30 | 602.37 | 510.96 | 456.20 |
| Revenue From Operations / Share (Rs.) | 1422.11 | 1240.44 | 1088.94 | 810.80 | 668.99 |
| PBDIT / Share (Rs.) | 292.93 | 242.82 | 192.99 | 140.43 | 132.48 |
| PBIT / Share (Rs.) | 238.52 | 200.44 | 153.86 | 108.89 | 102.06 |
| PBT / Share (Rs.) | 157.15 | 133.27 | 112.74 | 67.49 | 36.67 |
| Net Profit / Share (Rs.) | 112.30 | 100.01 | 88.62 | 48.53 | 2.12 |
| NP After MI And SOA / Share (Rs.) | 115.82 | 101.09 | 92.32 | 59.14 | 16.32 |
| PBDIT Margin (%) | 20.59 | 19.57 | 17.72 | 17.31 | 19.80 |
| PBIT Margin (%) | 16.77 | 16.15 | 14.12 | 13.42 | 15.25 |
| PBT Margin (%) | 11.05 | 10.74 | 10.35 | 8.32 | 5.48 |
| Net Profit Margin (%) | 7.89 | 8.06 | 8.13 | 5.98 | 0.31 |
| NP After MI And SOA Margin (%) | 8.14 | 8.14 | 8.47 | 7.29 | 2.44 |
| Return on Networth / Equity (%) | 16.78 | 17.02 | 18.24 | 13.95 | 4.35 |
| Return on Capital Employeed (%) | 14.21 | 13.89 | 12.66 | 10.27 | 9.85 |
| Return On Assets (%) | 4.65 | 4.76 | 4.99 | 3.77 | 1.08 |
| Long Term Debt / Equity (X) | 1.03 | 1.02 | 0.97 | 1.03 | 1.32 |
| Total Debt / Equity (X) | 1.57 | 1.56 | 1.57 | 1.58 | 1.43 |
| Asset Turnover Ratio (%) | 0.61 | 0.62 | 0.67 | 0.49 | 0.39 |
| Current Ratio (X) | 1.40 | 1.30 | 1.29 | 1.34 | 1.40 |
| Quick Ratio (X) | 1.18 | 1.05 | 1.06 | 1.13 | 1.22 |
| Inventory Turnover Ratio (X) | 8.16 | 4.39 | 6.08 | 5.23 | 3.32 |
| Dividend Payout Ratio (NP) (%) | 18.19 | 16.06 | 12.49 | 14.88 | 14.46 |
| Dividend Payout Ratio (CP) (%) | 12.38 | 11.31 | 8.77 | 9.70 | 5.05 |
| Earning Retention Ratio (%) | 81.81 | 83.94 | 87.51 | 85.12 | 85.54 |
| Cash Earning Retention Ratio (%) | 87.62 | 88.69 | 91.23 | 90.30 | 94.95 |
| Interest Coverage Ratio (X) | 3.60 | 3.61 | 3.69 | 3.11 | 2.41 |
| Interest Coverage Ratio (Post Tax) (X) | 2.38 | 2.49 | 2.48 | 1.99 | 1.59 |
| Enterprise Value (Cr.) | 410261.90 | 316693.68 | 217230.66 | 162866.82 | 144051.42 |
| EV / Net Operating Revenue (X) | 2.58 | 2.29 | 1.79 | 1.81 | 1.94 |
| EV / EBITDA (X) | 12.55 | 11.70 | 10.11 | 10.43 | 9.79 |
| MarketCap / Net Operating Revenue (X) | 1.87 | 1.55 | 1.06 | 0.99 | 1.19 |
| Retention Ratios (%) | 81.80 | 83.93 | 87.50 | 85.11 | 85.53 |
| Price / BV (X) | 3.86 | 3.24 | 2.29 | 1.90 | 2.12 |
| Price / Net Operating Revenue (X) | 1.87 | 1.55 | 1.06 | 0.99 | 1.19 |
| EarningsYield | 0.04 | 0.05 | 0.07 | 0.07 | 0.02 |
After reviewing the key financial ratios for Mahindra & Mahindra Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 115.91. This value is within the healthy range. It has increased from 101.14 (Mar 24) to 115.91, marking an increase of 14.77.
- For Diluted EPS (Rs.), as of Mar 25, the value is 115.06. This value is within the healthy range. It has increased from 100.70 (Mar 24) to 115.06, marking an increase of 14.36.
- For Cash EPS (Rs.), as of Mar 25, the value is 166.71. This value is within the healthy range. It has increased from 142.38 (Mar 24) to 166.71, marking an increase of 24.33.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 690.13. It has decreased from 695.30 (Mar 24) to 690.13, marking a decrease of 5.17.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 690.13. It has decreased from 695.30 (Mar 24) to 690.13, marking a decrease of 5.17.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 1,422.11. It has increased from 1,240.44 (Mar 24) to 1,422.11, marking an increase of 181.67.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 292.93. This value is within the healthy range. It has increased from 242.82 (Mar 24) to 292.93, marking an increase of 50.11.
- For PBIT / Share (Rs.), as of Mar 25, the value is 238.52. This value is within the healthy range. It has increased from 200.44 (Mar 24) to 238.52, marking an increase of 38.08.
- For PBT / Share (Rs.), as of Mar 25, the value is 157.15. This value is within the healthy range. It has increased from 133.27 (Mar 24) to 157.15, marking an increase of 23.88.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 112.30. This value is within the healthy range. It has increased from 100.01 (Mar 24) to 112.30, marking an increase of 12.29.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 115.82. This value is within the healthy range. It has increased from 101.09 (Mar 24) to 115.82, marking an increase of 14.73.
- For PBDIT Margin (%), as of Mar 25, the value is 20.59. This value is within the healthy range. It has increased from 19.57 (Mar 24) to 20.59, marking an increase of 1.02.
- For PBIT Margin (%), as of Mar 25, the value is 16.77. This value is within the healthy range. It has increased from 16.15 (Mar 24) to 16.77, marking an increase of 0.62.
- For PBT Margin (%), as of Mar 25, the value is 11.05. This value is within the healthy range. It has increased from 10.74 (Mar 24) to 11.05, marking an increase of 0.31.
- For Net Profit Margin (%), as of Mar 25, the value is 7.89. This value is within the healthy range. It has decreased from 8.06 (Mar 24) to 7.89, marking a decrease of 0.17.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 8.14. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 8.14.
- For Return on Networth / Equity (%), as of Mar 25, the value is 16.78. This value is within the healthy range. It has decreased from 17.02 (Mar 24) to 16.78, marking a decrease of 0.24.
- For Return on Capital Employeed (%), as of Mar 25, the value is 14.21. This value is within the healthy range. It has increased from 13.89 (Mar 24) to 14.21, marking an increase of 0.32.
- For Return On Assets (%), as of Mar 25, the value is 4.65. This value is below the healthy minimum of 5. It has decreased from 4.76 (Mar 24) to 4.65, marking a decrease of 0.11.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 1.03. This value exceeds the healthy maximum of 1. It has increased from 1.02 (Mar 24) to 1.03, marking an increase of 0.01.
- For Total Debt / Equity (X), as of Mar 25, the value is 1.57. This value exceeds the healthy maximum of 1. It has increased from 1.56 (Mar 24) to 1.57, marking an increase of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.61. It has decreased from 0.62 (Mar 24) to 0.61, marking a decrease of 0.01.
- For Current Ratio (X), as of Mar 25, the value is 1.40. This value is below the healthy minimum of 1.5. It has increased from 1.30 (Mar 24) to 1.40, marking an increase of 0.10.
- For Quick Ratio (X), as of Mar 25, the value is 1.18. This value is within the healthy range. It has increased from 1.05 (Mar 24) to 1.18, marking an increase of 0.13.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 8.16. This value exceeds the healthy maximum of 8. It has increased from 4.39 (Mar 24) to 8.16, marking an increase of 3.77.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 18.19. This value is below the healthy minimum of 20. It has increased from 16.06 (Mar 24) to 18.19, marking an increase of 2.13.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 12.38. This value is below the healthy minimum of 20. It has increased from 11.31 (Mar 24) to 12.38, marking an increase of 1.07.
- For Earning Retention Ratio (%), as of Mar 25, the value is 81.81. This value exceeds the healthy maximum of 70. It has decreased from 83.94 (Mar 24) to 81.81, marking a decrease of 2.13.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 87.62. This value exceeds the healthy maximum of 70. It has decreased from 88.69 (Mar 24) to 87.62, marking a decrease of 1.07.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 3.60. This value is within the healthy range. It has decreased from 3.61 (Mar 24) to 3.60, marking a decrease of 0.01.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.38. This value is below the healthy minimum of 3. It has decreased from 2.49 (Mar 24) to 2.38, marking a decrease of 0.11.
- For Enterprise Value (Cr.), as of Mar 25, the value is 410,261.90. It has increased from 316,693.68 (Mar 24) to 410,261.90, marking an increase of 93,568.22.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.58. This value is within the healthy range. It has increased from 2.29 (Mar 24) to 2.58, marking an increase of 0.29.
- For EV / EBITDA (X), as of Mar 25, the value is 12.55. This value is within the healthy range. It has increased from 11.70 (Mar 24) to 12.55, marking an increase of 0.85.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.87. This value is within the healthy range. It has increased from 1.55 (Mar 24) to 1.87, marking an increase of 0.32.
- For Retention Ratios (%), as of Mar 25, the value is 81.80. This value exceeds the healthy maximum of 70. It has decreased from 83.93 (Mar 24) to 81.80, marking a decrease of 2.13.
- For Price / BV (X), as of Mar 25, the value is 3.86. This value exceeds the healthy maximum of 3. It has increased from 3.24 (Mar 24) to 3.86, marking an increase of 0.62.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.87. This value is within the healthy range. It has increased from 1.55 (Mar 24) to 1.87, marking an increase of 0.32.
- For EarningsYield, as of Mar 25, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 24) to 0.04, marking a decrease of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mahindra & Mahindra Ltd:
- Net Profit Margin: 7.89%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 14.21% (Industry Average ROCE: 13.9%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 16.78% (Industry Average ROE: 18%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.38
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.18
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 33.1 (Industry average Stock P/E: 33.1)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.57
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 7.89%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Auto - Cars & Jeeps | Gateway Building, Mumbai Maharashtra 400001 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Anand G Mahindra | Chairman |
| Dr. Anish Shah | Managing Director & CEO |
| Mr. Rajesh Jejurikar | Executive Director & CEO |
| Mr. T N Manoharan | Lead Independent Director |
| Ms. Nisaba Godrej | Independent Director |
| Mr. Muthiah Murugappan | Independent Director |
| Ms. Shikha Sharma | Independent Director |
| Ms. Padmasree Warrior | Independent Director |
| Mr. Ranjan Pant | Non Exe.Non Ind.Director |
| Mr. Sat Pal Bhanoo | Non Exe.Non Ind.Director |
FAQ
What is the intrinsic value of Mahindra & Mahindra Ltd?
Mahindra & Mahindra Ltd's intrinsic value (as of 06 January 2026) is ₹3195.69 which is 15.59% lower the current market price of ₹3,786.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹4,70,595 Cr. market cap, FY2025-2026 high/low of ₹3,840/2,360, reserves of ₹82,286 Cr, and liabilities of ₹292,930 Cr.
What is the Market Cap of Mahindra & Mahindra Ltd?
The Market Cap of Mahindra & Mahindra Ltd is 4,70,595 Cr..
What is the current Stock Price of Mahindra & Mahindra Ltd as on 06 January 2026?
The current stock price of Mahindra & Mahindra Ltd as on 06 January 2026 is ₹3,786.
What is the High / Low of Mahindra & Mahindra Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Mahindra & Mahindra Ltd stocks is ₹3,840/2,360.
What is the Stock P/E of Mahindra & Mahindra Ltd?
The Stock P/E of Mahindra & Mahindra Ltd is 33.1.
What is the Book Value of Mahindra & Mahindra Ltd?
The Book Value of Mahindra & Mahindra Ltd is 666.
What is the Dividend Yield of Mahindra & Mahindra Ltd?
The Dividend Yield of Mahindra & Mahindra Ltd is 0.67 %.
What is the ROCE of Mahindra & Mahindra Ltd?
The ROCE of Mahindra & Mahindra Ltd is 13.9 %.
What is the ROE of Mahindra & Mahindra Ltd?
The ROE of Mahindra & Mahindra Ltd is 18.0 %.
What is the Face Value of Mahindra & Mahindra Ltd?
The Face Value of Mahindra & Mahindra Ltd is 5.00.