| 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 |
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 |
| 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 |
| 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 |
| 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 % |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Mahindra & Mahindra
Mahindra & Mahindra
3,119.20
-95.40
(-2.97%)
Market Cap
3,87,881.51 Cr
PE Ratio
23.65
Volume
11,67,196.00
Day High - Low
3,147.90 - 3,083.50
52W High-Low
3,839.90 - 2,425.00
Key Fundamentals
Market Cap
3,87,881.51 Cr
EPS
115.91
PE Ratio
23.65
PB Ratio
4.82
Book Value
666.71
EBITDA
32,699.20
Dividend Yield
0.76 %
Industry
Automobiles Sector
Cars & Utility Vehicles Return on Equity
15.80
Debt to Equity
1.55
Analyst Rating and Forecast
- By Refinitiv from34 analysts
Actual
Company News
View All News
Nomura Sets Rs 4,662 Target for Mahindra & Mahindra1 day ago
Nomura maintains Buy rating on Mahindra & Mahindra with target price of Rs 4,662, citing strong FY26 YTD growth across segments and positive EV business outlook.
Mahindra & Mahindra Limited participated in Nomura India Corporate Day on March 17, 2026, engaging with funds and investors while presenting Q3FY26 results.
Mahindra & Mahindra announces investor plant visit on March 23, 2026 at its Pune facility from 02:30 p.m. to 04:30 p.m. under SEBI disclosure regulations.
View more
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
12,616.00 | #1 3,96,650.29 | 27.49 | 1,57,935.20 | 8.21 | 14,500 | 4.08 | 33.49 | |
3,119.20 | #2 3,87,881.51 | #3 23.65 | #2 1,61,391.90 | #4 14.26 | #3 14,073 | #2 38.54 | 45.02 | |
1,955.00 | 1,58,851.79 | 27.93 | 70,104.40 | -1.75 | 5,640 | 6.35 | 36.20 | |
312.85 | 1,15,209.50 | #1 1.40 | #1 4,45,939.00 | 1.42 | #1 23,278 | -163.51 | 36.62 | |
20,950.00 | 27,303.95 | 20.76 | 8,128.30 | 15.60 | 801 | #1 252.21 | 47.31 | |
1,011.15 | 8,299.59 | 60.81 | 1,814.20 | 55.63 | 139 | 0.21 | 60.81 | |
30.79 | 584.93 | 106.97 | 93.10 | #1 313.78 | 8 | -79.07 | 34.26 | |
13.84 | 288.79 | 82.18 | 2.80 | -86.67 | -32 | -96.97 | 23.64 |
Automatic Screeners on ScanX
Growth Rate
Revenue Growth
14.26 %
Net Income Growth
14.70 %
Cash Flow Change
156.41 %
ROE
-0.19 %
ROCE
3.01 %
EBITDA Margin (Avg.)
5.74 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| 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 |
| Fixed Assets | 19,047 | 20,585 | 20,989 | 26,182 | 28,983 | 29,689 | 21,380 | 26,019 | 27,140 | 28,129 | 34,636 |
| 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 |
| 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 |
| Investments | 2,128 | 11,603 | 14,662 | 16,018 | 18,268 | 19,210 | 28,778 | 30,060 | 35,272 | 35,208 | 41,309 |
| 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 |
| 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 |
| Current Liabilities | 33,733 | 36,644 | 39,833 | 49,150 | 58,609 | 54,010 | 51,446 | 56,288 | 70,579 | 75,546 | 90,322 |
| 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 |
| Total Equity | 31,749 | 32,413 | 36,095 | 45,026 | 48,344 | 47,661 | 50,652 | 56,825 | 67,082 | 77,509 | 89,098 |
| Reserve & Surplus | 25,561 | 26,222 | 29,467 | 36,232 | 39,439 | 39,415 | 41,027 | 46,567 | 55,809 | 65,633 | 76,481 |
| Share Capital | 296 | 270 | 271 | 543 | 544 | 554 | 555 | 556 | 557 | 557 | 558 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | -1,633 | -154 | 416 | 1,529 | 1,672 | -1,394 | -1,370 | 113 | 6 | 1,037 | 394 |
| Investing Activities | -4,358 | -5,506 | -5,875 | -5,467 | -7,174 | -6,870 | -19,686 | -3,252 | -8,866 | -5,615 | -18,616 |
| Operating Activities | 1,055 | 2,385 | 183 | 682 | -4,347 | -1,457 | 17,909 | 9,248 | -7,074 | -5,630 | 3,176 |
| Financing Activities | 1,669 | 2,967 | 6,108 | 6,315 | 13,194 | 6,933 | 406 | -5,883 | 15,946 | 12,281 | 15,834 |
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 |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 % |
| 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 |
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 | 0.00 |
| Dividend Yield (%) | 1.76 | 1.11 | 2.98 | 0.3 | 1.08 | 1.01 | 0.85 | 0.79 | 0.79 | 0.00 |
Announcements
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome1 day ago
1 day agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome5 days ago
5 days agoTransfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option Grantees6 days ago
6 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
8 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation8 days ago
8 days agoReport For The Month Of February 20269 days ago
9 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 06, 2026
Mar 06, 2026Rumour verification - Regulation 30(11)Mar 03, 2026
Mar 03, 2026Announcement under Regulation 30 (LODR)-Diversification / DisinvestmentMar 02, 2026
Mar 02, 2026Clarification sought from Mahindra & Mahindra LtdMar 02, 2026
Mar 02, 2026Announcement under Regulation 30 (LODR)-RestructuringMar 02, 2026
Mar 02, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMar 01, 2026
Mar 01, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 25, 2026
Feb 25, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 24, 2026
Feb 24, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 24, 2026
Feb 24, 2026Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option GranteesFeb 23, 2026
Feb 23, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 19, 2026
Feb 19, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 17, 2026
Feb 17, 2026Announcement under Regulation 30 (LODR)-Earnings Call TranscriptFeb 17, 2026
Feb 17, 2026Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option Grantees
Feb 16, 2026
Feb 16, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 12, 2026
Feb 12, 2026Mahindra Last Mile Mobility LimitedS All-New E-Auto Mahindra UDO (???) Set To Redefine Last Mile Transportation At ? 384299.00 Ex-ShowroomFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 12, 2026
Feb 12, 2026Announcement under Regulation 30 (LODR)-Newspaper PublicationFeb 11, 2026
Feb 11, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 11, 2026
Feb 11, 2026Announcement under Regulation 30 (LODR)-Investor PresentationFeb 11, 2026
Feb 11, 2026Enclosing Press/Analyst Presentation Being MadeFeb 11, 2026
Feb 11, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 11, 2026
Feb 11, 2026Board Meeting Outcome for Outcome Of Board Meeting- Unaudited Standalone And Consolidated Financial Results Of The Company For The Third Quarter And Nine Months Ended On 31St December 2025Feb 11, 2026
Feb 11, 2026Unaudited Standalone And Consolidated Financial Results Of The Company For The Third Quarter And Nine Months Ended On 31St December 2025Feb 11, 2026
Feb 11, 2026Announcement under Regulation 30 (LODR)-RestructuringFeb 10, 2026
Feb 10, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeFeb 09, 2026
Feb 09, 2026Report For The Month Of January 2026Feb 09, 2026
Feb 09, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 06, 2026
Feb 06, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationFeb 04, 2026
Feb 04, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 04, 2026
Feb 04, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseFeb 01, 2026
Feb 01, 2026Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option GranteesJan 21, 2026
Jan 21, 2026Compliances-Certificate Under Reg. 74 (5) Of SEBI (DP) Regulations 2018Jan 19, 2026
Jan 19, 2026Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJan 19, 2026
Jan 19, 2026Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option Grantees
Jan 14, 2026
Jan 14, 2026Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseJan 14, 2026
Jan 14, 2026Intimation Under Regulation 30 Read With Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jan 09, 2026
Jan 09, 2026Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - ESG RatingsJan 09, 2026
Jan 09, 2026Report For The Month Of December 2025Jan 09, 2026
Jan 09, 2026Announcement under Regulation 30 (LODR)-Change in ManagementJan 09, 2026
Jan 09, 2026Transfer Of Equity Shares By Mahindra & Mahindra Employees Stock Option Trust To The Stock Option GranteesJan 07, 2026
Jan 07, 2026Mutual Fund Holdings
Technical Indicators
RSI(14)
Neutral 45.02
ATR(14)
Less Volatile 106.98
STOCH(9,6)
Neutral 26.34
STOCH RSI(14)
Neutral 66.93
MACD(12,26)
Bearish -12.90
ADX(14)
Strong Trend 26.00
UO(9)
Bearish 50.25
ROC(12)
Downtrend But Slowing Down -5.38
WillR(14)
Neutral -47.86
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
Website
Chairperson NameAnand Mahindra
we are part of Raise Financial Services
built with love
for indians who love to invest & trade
Market Community
Follow us on
