Mahindra and Mahindra Ltd

Chart & Performance

D1W1MN

P/E

28.55

P/S

2.34

EPS

90.62

Div Yield, %

—

Shrs. gr., 5y

0.49%

Rev. gr., 5y

5.64%

Revenues

1.37t

+13.21%

Net income

112.69b

+9.60%

CFO

-56.30b

L-20.41%

Earnings

May 14, 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
Title INR in thousands, except ratios and share amounts	2024‑03	2023‑03	2022‑03	2021‑03	2020‑03	2019‑03	2018‑03	2017‑03	2016‑03
Income
Revenues	1,372,859,600 13.21%	1,212,685,500 9,977.64%
Cost of revenue	1,116,022,200	807,424,600
Unusual Expense (Income)
NOPBT	256,837,400	405,260,900
NOPBT Margin	18.71%	33.42%
Operating Taxes	37,079,700	26,857,500
Tax Rate	14.44%	6.63%
NOPAT	219,757,700	378,403,400
Net income	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	360,919,100	343,369,600
Long-term debt	739,559,000	613,897,300
Deferred revenue	59,464,900	55,252,800
Other long-term liabilities	49,935,100	31,864,400
Net debt	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	102,175,300	(77,517,021)
Balance
Cash	262,233,500	274,910,500
Long term investments	24,112,700	3,628,300
Excess cash	217,703,220	217,904,525
Stockholders' equity	694,565,400	594,607,500
Invested Capital	1,733,045,380	1,427,684,575
ROIC	13.91%	52.58%
ROCE	13.05%	24.39%
EV
Common stock shares outstanding	1,118,759	1,117,314
Price	21.40 69.84%	12.60
Market cap	23,941,440 70.06%	14,078,157
EV	951,261,240	799,969,457
EBITDA	302,200,000	448,829,000
EV/EBITDA	3.15	1.78
Interest	74,882,100	58,297,000
Interest/NOPBT	29.16%	14.39%