Mahindra & Mahindra
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Mahindra & Mahindra

2,995.00
-40.00
(-1.32%)
Market Cap
3,72,436.88 Cr
PE Ratio
18.62
Volume
20,78,624.00
Day High - Low
3,019.90 - 2,977.60
52W High-Low
3,839.90 - 2,896.00
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Key Fundamentals
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Market Cap
3,72,436.88 Cr
EPS
153.10
PE Ratio
18.62
PB Ratio
4.05
Book Value
749.15
EBITDA
40,425.70
Dividend Yield
1.05 %
Industry
Automobiles
Return on Equity
17.01
Debt to Equity
1.46
Analyst Rating and Forecast
- By Refinitiv from34 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+97.06 %
+97.06 %
Hold
Hold+2.94 %
+2.94 %
Sell
Sell0.0 %
0.0 %
Forecast For
Actual

Company News

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Caret
positive
Embraer picks Mahindra for IAF transport bidToday
Embraer selected Mahindra & Mahindra as a partner to bid for the Indian Air Force's 60-aircraft KC-390 Millennium transport programme.
positive
Mahindra expects Thar and Thar Roxx sales up 10%5 days ago
Mahindra & Mahindra expects Thar and Thar Roxx sales to rise at least 10% over the next year, with the original Thar projected to add about 60,000 units annually to SUV sales.
neutral
Mahindra & Mahindra MD Anish Shah sold 76,357 equity shares on September 22, 2026. Proceeds fund tax on vested ESOPs for FY27.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
12,008.00
#1 3,77,534.61
26.48
1,87,673.20
18.83
14,680
-9.11
28.36
2,995.00
#2 3,72,436.88
#3 18.62
#2 2,02,084.30
#2 25.21
#1 18,622
#1 37.04
31.58
2,050.70
1,66,627.80
34.55
71,752.10
2.35
5,432
-35.10
38.43
281.75
1,03,763.76
#1 1.34
#1 3,41,547.00
-8.09
-1,377
-78.54
26.51
17,100.00
22,286.28
18.26
9,167.50
12.78
1,212
22.79
42.40
1,173.80
9,634.64
55.03
2,326.50
#1 28.24
180
2.69
37.54
38.93
739.57
165.04
102.08
9.65
5
23.08
51.01
15.81
252.40
-82.42
2.80
-86.67
-32
-95.24
72.23
Growth Rate
Revenue Growth
25.21 %
Net Income Growth
32.32 %
Cash Flow Change
267.07 %
ROE
7.66 %
ROCE
14.76 %
EBITDA Margin (Avg.)
-1.28 %

Quarterly Financial Results

Quarterly Financials
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
26,921
26,496
26,794
27,428
26,713
24,517
20,044
16,692
12,491
19,753
22,300
22,123
19,785
22,196
24,409
27,070
29,087
31,219
31,804
33,027
34,475
35,093
35,974
36,124
37,743
38,815
42,184
43,727
46,831
47,030
52,903
56,439
58,917
Expenses
22,109
21,870
22,572
23,198
22,606
20,626
16,799
16,058
9,909
16,492
19,249
18,378
18,233
16,614
19,068
21,657
24,016
24,802
25,368
26,798
27,646
28,706
29,075
28,848
29,975
30,790
33,239
34,688
37,301
37,177
42,286
45,266
47,623
EBITDA
4,812
4,626
4,223
4,230
4,108
3,891
3,245
634
2,582
3,260
3,051
3,746
1,552
5,581
5,341
5,413
5,071
6,417
6,436
6,229
6,829
6,387
6,899
7,276
7,769
8,024
8,944
9,038
9,530
9,854
10,617
11,174
11,294
Operating Profit %
15 %
14 %
14 %
15 %
13 %
14 %
14 %
2 %
17 %
14 %
11 %
14 %
5 %
23 %
19 %
16 %
15 %
17 %
17 %
17 %
17 %
16 %
17 %
18 %
19 %
18 %
20 %
19 %
18 %
19 %
18 %
18 %
17 %
Depreciation
902
993
1,014
1,087
1,241
1,259
852
834
820
861
847
850
802
852
919
935
961
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
2,163
1,943
1,761
Interest
1,094
1,195
1,295
1,437
1,425
1,526
1,526
1,561
1,593
1,589
1,516
1,403
1,300
1,285
1,211
1,222
1,219
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
2,405
2,407
2,560
Profit Before Tax
2,815
2,437
1,914
1,706
1,442
1,106
868
-1,761
168
810
687
1,493
-550
3,445
3,211
3,256
2,894
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
6,569
6,914
7,628
Tax
930
728
405
790
548
737
697
-7
114
662
528
343
-218
954
726
648
533
922
738
493
784
1,084
935
905
1,075
1,379
1,468
1,085
1,268
2,094
1,547
1,654
1,631
Net Profit
1,885
1,709
1,508
915
894
368
171
-1,754
55
148
160
1,150
-332
2,491
2,485
2,608
2,361
3,021
2,994
2,998
3,684
2,484
2,977
3,125
3,546
3,361
3,625
3,542
4,377
3,964
5,022
5,260
5,998
EPS in ₹
15.71
14.77
12.06
6.38
8.25
3.14
1.80
-12.04
-0.88
1.22
6.35
9.64
3.82
17.35
17.89
20.13
19.74
24.93
24.05
23.68
31.50
21.07
23.86
24.71
29.44
28.43
28.51
29.52
36.58
32.90
41.85
41.77
48.80

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
94,844
1,00,632
1,14,742
1,37,211
1,63,392
1,67,007
1,66,463
1,74,113
2,05,892
2,36,301
2,77,586
3,17,635
Fixed Assets
19,047
20,585
20,989
26,182
28,983
29,689
21,380
26,019
27,140
28,129
34,636
38,459
Current Assets
39,750
43,911
48,788
59,076
69,406
64,045
72,138
75,148
91,325
98,266
1,26,573
1,47,140
Capital Work in Progress
3,032
2,371
4,279
4,270
4,760
6,857
7,873
6,703
3,969
8,039
8,298
7,740
Investments
2,128
11,603
14,662
16,018
18,268
19,210
28,778
30,060
35,272
35,208
41,309
40,324
Other Assets
70,637
66,073
74,812
90,742
1,11,381
1,11,251
1,08,433
1,11,331
1,39,511
1,64,924
1,93,344
2,31,112
Total Equity & Liabilities
94,844
1,00,632
1,14,742
1,37,211
1,63,392
1,67,007
1,66,463
1,74,113
2,05,892
2,36,301
2,77,586
3,17,635
Current Liabilities
33,733
36,644
39,833
49,150
58,609
54,010
51,446
56,288
70,579
75,546
90,322
1,16,099
Non Current Liabilities
29,363
31,576
38,815
43,036
56,438
65,336
64,364
60,999
68,230
83,246
98,166
92,045
Total Equity
31,749
32,413
36,095
45,026
48,344
47,661
50,652
56,825
67,082
77,509
89,098
1,09,491
Reserve & Surplus
25,561
26,222
29,467
36,232
39,439
39,415
41,027
46,567
55,809
65,633
76,481
92,538
Share Capital
296
270
271
543
544
554
555
556
557
557
558
559

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Net Cash Flow
-1,633
-154
416
1,529
1,672
-1,394
-1,370
113
6
1,037
394
-632
Investing Activities
-4,358
-5,506
-5,875
-5,467
-7,174
-6,870
-19,686
-3,252
-8,866
-5,615
-18,616
-17,680
Operating Activities
1,055
2,385
183
682
-4,347
-1,457
17,909
9,248
-7,074
-5,630
3,176
11,657
Financing Activities
1,669
2,967
6,108
6,315
13,194
6,933
406
-5,883
15,946
12,281
15,834
5,391

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
Promoter
19.45 %
19.46 %
19.46 %
19.47 %
19.47 %
19.45 %
19.38 %
19.39 %
19.37 %
19.37 %
19.34 %
19.32 %
18.59 %
18.56 %
18.54 %
18.48 %
18.45 %
18.44 %
18.44 %
18.44 %
18.45 %
18.45 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
40.26 %
40.87 %
41.75 %
41.89 %
41.19 %
38.91 %
38.30 %
38.54 %
38.04 %
37.49 %
36.22 %
34.89 %
DIIs
21.01 %
20.53 %
21.86 %
21.95 %
23.13 %
23.20 %
27.12 %
27.73 %
27.65 %
26.87 %
26.79 %
26.26 %
26.13 %
26.18 %
27.05 %
29.22 %
29.79 %
29.59 %
29.96 %
30.44 %
31.50 %
32.65 %
Government
0.24 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
0.07 %
Public / Retail
8.43 %
8.81 %
9.03 %
8.56 %
8.87 %
8.28 %
8.24 %
8.16 %
8.20 %
8.06 %
8.09 %
8.00 %
8.00 %
7.89 %
7.81 %
7.97 %
8.06 %
8.03 %
8.13 %
8.20 %
8.45 %
8.62 %
Others
50.87 %
51.13 %
49.58 %
49.94 %
48.46 %
48.99 %
45.18 %
44.65 %
44.71 %
45.63 %
5.46 %
5.48 %
5.46 %
5.41 %
5.34 %
5.34 %
5.32 %
5.33 %
5.36 %
5.36 %
5.30 %
5.33 %
No of Share Holders
0
4,44,750
5,31,369
5,81,779
5,68,603
6,32,816
5,81,288
6,49,341
6,47,141
6,36,984
6,75,621
6,90,006
7,21,672
7,56,259
7,99,531
8,55,175
8,95,699
8,64,189
8,81,154
8,85,061
9,41,478
9,89,776

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 13 7.5 8.5 2.35 8.75 11.55 16.25 21.1 25.3 33
Dividend Yield (%) 1.76 1.11 2.98 0.3 1.08 1.01 0.85 0.79 0.86 1.09

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
05 Nov 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 Nov 2026 3,035.00 3,031.35
23 Dec 2017 BONUS Bonus
1:1
21 Dec 2017 0.00 0.00
17 Jul 2021 DIVIDEND Dividend
₹ 8.75 /share
15 Jul 2021 828.55 779.55
16 Jul 2022 DIVIDEND Dividend
₹ 11.55 /share
14 Jul 2022 953.20 1,142.15
19 Aug 2022 EXTRAORDINARY GENERAL MEETING Extraordinary General Meeting
NA
19 Aug 2022 1,163.40 1,261.25
15 Jul 2023 DIVIDEND Dividend
₹ 16.25 /share
14 Jul 2023 1,277.80 1,546.50
06 Jul 2024 DIVIDEND Dividend
₹ 21.10 /share
05 Jul 2024 2,302.55 2,882.55
31 Jul 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
31 Jul 2024 2,302.55 2,921.40
07 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Nov 2024 2,720.85 2,934.55
07 Feb 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Feb 2025 2,926.20 3,139.95
05 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 May 2025 2,929.90 2,926.20
04 Jul 2025 DIVIDEND Dividend
₹ 25.30 /share
04 Jul 2025 2,926.20 3,174.40
30 Jul 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jul 2025 3,194.10 3,199.40
31 Jul 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
31 Jul 2025 2,926.20 3,205.95
04 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
04 Nov 2025 3,574.60 3,548.55
11 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
11 Feb 2026 3,625.10 3,675.40
05 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
05 May 2026 2,956.55 3,106.50
03 Jul 2026 DIVIDEND Dividend
₹ 33.00 /share
03 Jul 2026 3,106.50 3,173.25
30 Jul 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
30 Jul 2026 3,106.50 3,221.80
30 Jul 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jul 2026 3,064.50 3,221.80

Announcements

Announcement under Regulation 30 (LODR)-Credit Rating4 hrs ago
Closure of Trading Window4 days ago
Board Meeting Intimation for Board Meeting Of Mahindra & Mahindra Limited To Be Held On 5Th November 2026 And Closure Of Trading Window4 days ago
Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option Grantees5 days ago
General Update6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome6 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome7 days ago
Announcement under Regulation 30 (LODR)-Credit Rating9 days ago
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 16, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 11, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 10, 2026
Report For The Month Of August 2026Sep 09, 2026
Announcement under Regulation 30 (LODR)-Credit RatingSep 07, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 04, 2026
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015- ESG RatingsSep 03, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeSep 02, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseSep 01, 2026
Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option GranteesAug 31, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 28, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 26, 2026
Update On Analyst/Investor MeetingAug 20, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 19, 2026
Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option GranteesAug 19, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 18, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 18, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 15, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 14, 2026
UpdateAug 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 13, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 13, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2026
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Aug 13, 2026
Intimation Regarding Endowment Contribution Of Equity SharesAug 12, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 10, 2026
Report For The Month Of July 2026Aug 10, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)Aug 10, 2026
Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (Updated)Aug 10, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 10, 2026
Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 10, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 09, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementAug 09, 2026
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - ESG RatingsAug 07, 2026
Sustainability Report For The Financial Year 2025-26Aug 07, 2026
Update On Divestment Of Entire Stake In Erkunt Sanayi Anonim Sirketi A Step-Down Subsidiary Of The CompanyAug 06, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptAug 04, 2026
Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option GranteesAug 04, 2026
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 01, 2026
Shareholder Meeting / Postal Ballot-Scrutinizers ReportJul 31, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 31, 2026

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
ICICI Prudential Quality Fund Direct-Growth
0.00%
-230459
-3.63%
-2.95%
Canara Robeco Multi Asset Allocation Fund Direct-Growth
0.00%
-40770
-1.01%
-0.96%
ICICI Prudential Active Momentum Fund Direct-Growth
3.86%
-33050
-0.83%
0.90%
Unifi Dynamic Asset Allocation Fund Direct-Growth
1.24%
29800
0.63%
0.67%
TRUSTMF Multi Cap Fund Direct-Growth
0.00%
-22588
-1.13%
-1.15%
Sundaram Multi-Factor Fund Direct-Growth
0.79%
20890
0.79%
0.79%
Abakkus Flexi Cap Fund Direct-Growth
2.44%
20000
-0.40%
-0.17%
Franklin India Multi-Factor Fund Direct-Growth
0.73%
-17614
-1.03%
-0.93%
Old Bridge Arbitrage Fund Direct-Growth
0.09%
-12800
-2.14%
-2.09%
Old Bridge Flexi Cap Fund Direct-Growth
2.98%
12000
-0.20%
0.64%
WhiteOak Capital Aggressive Hybrid Fund Direct-Growth
2.39%
7495
-0.11%
2.39%
TRUSTMF Large & Mid Cap Fund Direct-Growth
0.59%
6596
0.59%
0.59%
ICICI Prudential Nifty Top 15 Equal Weight Index Fund Direct-Growth
0.00%
-6320
-7.22%
-6.71%
UTI Nifty 500 Index Fund Direct-Growth
1.46%
4912
1.46%
1.46%
Groww Arbitrage Fund Direct-Growth
0.00%
-4200
-1.61%
-3.98%
JioBlackRock Flexi Cap Fund Direct-Growth
2.91%
-4151
-0.15%
0.03%
Groww Multi Asset Allocation Fund Direct-Growth
2.94%
-3007
-0.40%
-0.07%
Parag Parikh Large Cap Fund Direct-Growth
2.16%
2632
-0.04%
0.14%
HDFC Nifty India Consumption Index Fund Direct-Growth
8.57%
-1645
-0.01%
0.40%
AlphaGrep Flexi Cap Fund Direct-Growth
1.04%
1601
1.04%
1.04%
HDFC Nifty Auto Index Fund Direct-Growth
22.73%
-1545
-0.52%
22.73%
ICICI Prudential Long Term Wealth Enhancement Fund Direct-Growth
1.89%
1112
0.88%
1.89%
The Wealth Company Ethical Fund Direct-Growth
0.00%
-1000
-0.85%
-0.79%
AlphaGrep Multi Asset Allocation Fund Direct-Growth
0.52%
923
0.35%
0.52%
HDFC BSE India Sector Leaders Index Fund Direct-Growth
3.04%
-626
-0.01%
0.20%

Technical Indicators

RSI(14)
Neutral
34.86
ATR(14)
Volatile
62.38
STOCH(9,6)
Oversold
16.65
STOCH RSI(14)
Neutral
51.59
MACD(12,26)
Bearish
-7.14
ADX(14)
Strong Trend
45.71
UO(9)
Bearish
35.82
ROC(12)
Downtrend And Accelerating
-3.96
WillR(14)
Neutral
-67.14

About Mahindra & Mahindra

Mahindra & Mahindra Limited is an Indian multinational company engaged in manufacturing automobiles, farm equipment, and providing IT and financial services. It is the flagship company of the Mahindra Group. The company operates in multiple segments including Automotive, Farm Equipment, Financial Services, and Industrial Businesses and Consumer Services. M&M manufactures...more
Chairperson NameAnand Mahindra