SML Mahindra Limited has delivered strong operational performance in December 2025, showcasing significant growth in production and sales of commercial vehicles. The company's monthly report reveals substantial improvements across key business metrics compared to the corresponding period in the previous year.

Production Performance Shows Robust Growth

The company's production capabilities demonstrated strong momentum during December 2025. Commercial vehicle production reached 1,455 units, representing a notable increase from the 1,046 units produced in December 2024.

Sales Volume Registers Impressive Surge

Sales performance exceeded production growth, indicating strong market demand for the company's commercial vehicles. The sales figures reflect the company's ability to convert production into market deliveries effectively.

The substantial increase in sales volumes suggests improved market acceptance and distribution efficiency for SML Mahindra's commercial vehicle portfolio.

Export Volumes Decline Year-on-Year

While domestic performance showed strong growth, export activities experienced a contraction during December 2025. Export volumes decreased to 25 units compared to 50 units in December 2024.

Company Overview and Compliance

SML Mahindra Limited, formerly known as SML Isuzu Limited, operates as a commercial vehicle manufacturer specializing in trucks and buses. The company maintains its registered office and manufacturing works at Village Asron, District Shahid Bhagat Singh Nagar in Punjab. The monthly production, sales, and export report was filed by Company Secretary and Compliance Officer Parvesh Madan on January 8, 2026, ensuring regulatory compliance with stock exchange requirements.

SML Mahindra Limited has reported robust sales performance for December, demonstrating significant growth across its vehicle portfolio as auto stocks gained focus with the release of monthly sales figures. The company disclosed these figures in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

December Sales Performance

The company achieved remarkable growth in December, with total vehicle sales reaching 1,044 units compared to 626 units in December 2024, representing a substantial 67% year-on-year increase.

Cargo vehicles emerged as the standout performer, recording exceptional growth of 76% with sales increasing from 262 units in December 2024 to 462 units in December. The passenger vehicle segment also demonstrated strong momentum, achieving 60% growth with sales rising from 364 units to 582 units during the same period.

April-December Cumulative Results

For the April-December period, SML Mahindra maintained positive growth trajectory across all segments:

The cumulative nine-month performance shows sustained growth with total vehicle sales of 11,335 units compared to 9,593 units in the corresponding period of the previous year, marking an 18% increase.

Broader Auto Market Context

SML Mahindra was among the first automakers to report December sales numbers. The broader auto sector showed strength according to VAHAN registration data for December, which indicated registrations from December 1 to 28 increased 9% from the previous year. This growth was led by strong performance in passenger and commercial vehicle segments, and three-wheelers, while the two-wheelers segment continued to lag.

Market Performance and Outlook

Auto stocks ended the previous session on a positive note, up 1.10%. All 15 stocks in the Nifty Auto index reported gains, with the index gaining 21.80% in 2025. The sector anticipates new launches in January, including Maruti Suzuki's first electric SUV e-Vitara, Mahindra's XUV 7XO, and Royal Enfield's Bullet 650 motorcycle.

The sales disclosure was signed by Parvesh Madan, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited as part of the company's regular regulatory reporting obligations.