Mahindra and Mahindra Ltd

Chart & Performance

D1W1MN

P/E

4,389.92

P/S

180.13

EPS

0.69

Div Yield, %

—

Shrs. gr., 5y

0.20%

Rev. gr., 5y

16.77%

Revenues

23.01b

-98.32%

Net income

944m

-99.16%

CFO

Earnings

Jul 29, 2025

Profile

Mahindra & Mahindra Limited provides mobility products and farm solutions in India and internationally. The company operates through Automotive, Farm Equipment, Financial Services, Hospitality, Real Estate, and Others segments. It offers parts and assemblies for aerospace and defense sectors; passenger and commercial vehicles, trucks, buses, vans, cars, utility vehicles, and electric vehicles; watercrafts; motorcycles, scooters, and mopeds; construction equipment, such as backhoe loaders under the Mahindra EarthMaster brand; and road construction equipment comprising motor graders under the Mahindra RoadMaster brand. The company also provides land and naval systems, defense electronics, and security consulting services for defense industry; pre-owned car and car services; and farm equipment. In addition, it operates M2All, an e-commerce platform for various portfolio of products; approximately 100 resorts; and solar PV projects. Further, the company offers financial services comprising retail and other loans, SME finance, housing finance, mutual funds, and life and non-life insurance broking services, as well as vehicle and equipment financing; logistics services; information security and risk management, engineering consulting, and business process management consulting services; information technology services; and power backup solutions, such as diesel and gas generators. Additionally, it engages in the development, management, and operation of commercial complexes; sale of timeshare and vacation ownership; and making, processing, and trading of steel for automotive, non-automotive, and power industries. The company was incorporated in 1945 and is based in Mumbai, India.

URL

https://www.mahindra.com/

IPO date

Nov 25, 1993

Employees

260,000

Domiciled in

Incorporated in

Valuation

Order:

Title INR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title INR in thousands, except ratios and share amounts	2025‑01	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03
Income
Revenues	23,006,000 -98.32%	1,372,859,600 13.21%	1,212,685,500 9,977.64%
Cost of revenue	13,740,000	1,116,022,200	807,424,600
Unusual Expense (Income)
NOPBT	9,266,000	256,837,400	405,260,900
NOPBT Margin	40.28%	18.71%	33.42%
Operating Taxes	(181,000)	37,079,700	26,857,500
Tax Rate		14.44%	6.63%
NOPAT	9,447,000	219,757,700	378,403,400
Net income	944,000 -99.16%	112,686,400 9.60%	102,815,000 11,546.23%
Dividends		(18,105,400)	(12,847,500)
Dividend yield		75.62%	91.26%
Proceeds from repurchase of equity		5,100	5,300
BB yield		-0.02%	-0.04%
Debt
Debt current	6,000	360,919,100	343,369,600
Long-term debt	8,627,000	739,559,000	613,897,300
Deferred revenue		59,464,900	55,252,800
Other long-term liabilities	902,000	49,935,100	31,864,400
Net debt	7,327,000	814,131,900	678,728,100
Cash flow
Cash from operating activities		(56,299,500)	(70,740,200)
CAPEX		(99,459,900)	(63,045,700)
Cash from investing activities		(55,977,700)	(85,472,600)
Cash from financing activities		122,814,100	159,461,100
FCF	581,489,000	102,175,300	(77,517,021)
Balance
Cash	1,306,000	262,233,500	274,910,500
Long term investments		24,112,700	3,628,300
Excess cash	155,700	217,703,220	217,904,525
Stockholders' equity	(446,000)	694,565,400	594,607,500
Invested Capital	11,606,000	1,733,045,380	1,427,684,575
ROIC	1.08%	13.91%	52.58%
ROCE	77.97%	13.05%	24.39%
EV
Common stock shares outstanding	1,119,923	1,118,759	1,117,314
Price	33.20 55.14%	21.40 69.84%	12.60
Market cap	37,181,429 55.30%	23,941,440 70.06%	14,078,157
EV	44,508,429	951,261,240	799,969,457
EBITDA	9,266,000	302,200,000	448,829,000
EV/EBITDA	4.80	3.15	1.78
Interest	115,000	74,882,100	58,297,000
Interest/NOPBT	1.24%	29.16%	14.39%