Nifty
:
23250.10
Sensex
:
76295.36
-82.25 (-0.35%)
-322.08 (-0.42%)
Nifty
Sensex
:
:
23250.10
76295.36
-82.25 (-0.35%)
-322.08 (-0.42%)

Mahindra & Mahindra Ltd.

Automobiles - Passenger Cars

Rating :
N/A

BSE: 500520 | NSE: M%26M

NSE BSE
3139.95
06-Feb-2025
  • Open
  • High
  • Low
  • Previous Close
  •  3170.00
  •  3180.85
  •  3121.25
  •  3178.75
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  2341341
  •  73613.29
  •  3270.95
  •  1963.20

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 3,24,878.12
  • 26.23
  • 5
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 4,21,839.22
  • 0.81%
  • 4.40

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 18.48%
  • 0.60%
  • 7.97%
  • FII
  • DII
  • Others
  • 38.92%
  • 26.76%
  • 7.27%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.83
  • 7.68
  • 15.32

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 10.64
  • 18.89
  • 10.57

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 16.98
  • 51.78
  • 19.66

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 18.90
  • 19.59
  • 19.40

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 2.90
  • 3.13
  • 3.77

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 11.76
  • 12.62
  • 12.98

Earnings Forecasts:

Description
2024
2025
2026
2027
Adj EPS
101.14
118.65
115.88
129.83
P/E Ratio
29.71
25.32
25.93
23.14
Revenue
98763
157569
129600
144673
EBITDA
24093
28750
18755
21087
Net Income
11269
13074
15256
17882
ROA
13.4
14.1
14.2
16.2
P/B Ratio
5.85
3.5
4.95
4.25
ROE
18.39
14.53
20.52
20.09
FCFF
-14256.84
7651.55
8969.06
11304
FCFF Yield
-3.06
1.64
1.93
2.43

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Jun 24
Jun 23
Var%
Mar 24
Mar 23
Var%
Net Sales
41,470.05
35,299.39
17.48%
37,923.74
34,435.52
10.13%
37,217.72
33,891.63
9.81%
35,451.73
32,455.65
9.23%
Expenses
33,239.32
29,075.41
14.32%
30,790.34
28,705.94
7.26%
29,974.60
27,645.74
8.42%
28,847.82
26,797.92
7.65%
EBITDA
8,230.73
6,223.98
32.24%
7,133.40
5,729.58
24.50%
7,243.12
6,245.89
15.97%
6,603.91
5,657.73
16.72%
EBIDTM
19.85%
17.63%
18.81%
16.64%
19.46%
18.43%
18.63%
17.43%
Other Income
411.33
510.52
-19.43%
659.22
591.71
11.41%
408.77
807.05
-49.35%
355.71
393.91
-9.70%
Interest
2,362.16
1,944.88
21.46%
2,217.02
1,835.19
20.81%
2,107.69
1,718.84
22.62%
1,989.30
1,633.56
21.78%
Depreciation
1,495.17
1,122.59
33.19%
1,301.99
1,138.64
14.35%
1,247.77
1,127.50
10.67%
1,335.05
1,194.40
11.78%
PBT
4,784.73
3,667.03
30.48%
4,273.61
3,347.46
27.67%
4,296.43
4,206.60
2.14%
3,635.27
3,255.33
11.67%
Tax
1,467.51
935.16
56.93%
1,378.90
1,083.73
27.24%
1,075.09
784.02
37.13%
905.06
493.14
83.53%
PAT
3,317.22
2,731.87
21.43%
2,894.71
2,263.73
27.87%
3,221.34
3,422.58
-5.88%
2,730.21
2,762.19
-1.16%
PATM
8.00%
7.74%
7.63%
6.57%
8.66%
10.10%
7.70%
8.51%
EPS
28.50
23.85
19.50%
28.42
21.07
34.88%
29.44
31.50
-6.54%
24.71
23.68
4.35%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Net Sales
1,52,063.24
1,38,279.30
1,21,268.55
90,170.57
74,277.78
95,502.34
1,04,720.68
92,093.95
83,773.05
75,841.42
71,448.00
Net Sales Growth
11.74%
14.03%
34.49%
21.40%
-22.22%
-8.80%
13.71%
9.93%
10.46%
6.15%
 
Cost Of Goods Sold
90,657.31
83,614.75
73,987.56
51,906.32
38,472.14
38,421.92
60,150.71
53,540.62
50,641.37
45,125.84
42,860.72
Gross Profit
61,405.93
54,664.55
47,280.99
38,264.25
35,805.64
57,080.42
44,569.97
38,553.33
33,131.68
30,715.58
28,587.28
GP Margin
40.38%
39.53%
38.99%
42.44%
48.21%
59.77%
42.56%
41.86%
39.55%
40.50%
40.01%
Total Expenditure
1,22,852.08
1,14,186.34
1,01,037.13
75,590.85
60,666.58
85,359.89
89,514.17
78,867.85
73,038.22
65,758.98
62,682.01
Power & Fuel Cost
-
752.73
830.48
541.27
429.56
530.92
817.11
733.90
657.06
639.97
786.96
% Of Sales
-
0.54%
0.68%
0.60%
0.58%
0.56%
0.78%
0.80%
0.78%
0.84%
1.10%
Employee Cost
-
10,624.33
9,677.95
8,386.74
7,813.26
8,214.82
11,242.08
10,004.62
8,910.63
7,689.40
7,202.49
% Of Sales
-
7.68%
7.98%
9.30%
10.52%
8.60%
10.74%
10.86%
10.64%
10.14%
10.08%
Manufacturing Exp.
-
3,791.75
3,838.42
3,124.27
1,753.96
2,193.17
3,059.66
1,299.70
997.27
1,514.80
2,268.61
% Of Sales
-
2.74%
3.17%
3.46%
2.36%
2.30%
2.92%
1.41%
1.19%
2.00%
3.18%
General & Admin Exp.
-
2,070.15
1,945.20
833.58
1,248.24
1,837.71
2,419.91
2,198.18
1,973.62
1,696.72
981.98
% Of Sales
-
1.50%
1.60%
0.92%
1.68%
1.92%
2.31%
2.39%
2.36%
2.24%
1.37%
Selling & Distn. Exp.
-
7,762.05
6,559.86
5,150.58
3,995.50
5,251.20
8,080.98
6,190.17
5,010.71
4,694.55
5,013.16
% Of Sales
-
5.61%
5.41%
5.71%
5.38%
5.50%
7.72%
6.72%
5.98%
6.19%
7.02%
Miscellaneous Exp.
-
5,570.58
4,197.66
5,648.09
6,953.92
28,910.15
3,743.72
4,900.66
4,847.56
4,397.70
5,013.16
% Of Sales
-
4.03%
3.46%
6.26%
9.36%
30.27%
3.57%
5.32%
5.79%
5.80%
4.99%
EBITDA
29,211.16
24,092.96
20,231.42
14,579.72
13,611.20
10,142.45
15,206.51
13,226.10
10,734.83
10,082.44
8,765.99
EBITDA Margin
19.21%
17.42%
16.68%
16.17%
18.32%
10.62%
14.52%
14.36%
12.81%
13.29%
12.27%
Other Income
1,835.03
3,094.76
1,442.85
1,037.64
1,098.46
1,028.69
1,085.61
631.03
730.10
521.05
552.33
Interest
8,676.17
7,607.58
6,012.19
5,018.05
6,102.22
6,021.15
5,021.35
3,987.09
3,648.46
3,367.59
3,156.69
Depreciation
5,379.98
4,723.78
4,356.81
3,507.50
3,378.11
3,366.68
3,990.77
3,279.90
2,812.72
2,441.65
2,123.83
PBT
16,990.04
14,856.36
11,305.27
7,091.81
5,229.33
1,783.31
7,280.00
6,590.14
5,003.75
4,794.25
4,037.80
Tax
4,826.56
3,707.97
2,685.75
2,108.76
1,645.81
1,975.61
2,853.99
2,367.73
2,299.73
2,117.53
1,720.02
Tax Rate
28.41%
24.96%
21.39%
28.09%
40.43%
322.80%
38.03%
25.69%
42.19%
43.88%
39.88%
PAT
12,163.48
11,268.64
10,281.50
6,577.32
2,070.75
-915.54
3,948.94
6,403.13
2,798.64
2,302.40
2,348.77
PAT before Minority Interest
10,895.23
12,269.82
11,374.48
7,253.01
2,425.26
-1,363.58
4,650.33
6,850.53
3,151.13
2,708.47
2,592.68
Minority Interest
-1,268.25
-1,001.18
-1,092.98
-675.69
-354.51
448.04
-701.39
-447.40
-352.49
-406.07
-243.91
PAT Margin
8.00%
8.15%
8.48%
7.29%
2.79%
-0.96%
3.77%
6.95%
3.34%
3.04%
3.29%
PAT Growth
8.79%
9.60%
56.32%
217.63%
-
-
-38.33%
128.79%
21.55%
-1.97%
 
EPS
99.66
92.33
84.24
53.89
16.97
-7.50
32.36
52.46
22.93
18.86
19.24

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Shareholder's Funds
66,190.55
56,365.79
47,122.64
41,581.92
39,969.31
39,983.41
36,775.19
29,737.99
26,492.65
25,856.38
Share Capital
557.38
556.82
556.06
555.15
554.28
543.96
543.13
270.89
270.40
295.70
Total Reserves
65,334.41
55,548.64
46,343.12
40,771.89
39,150.07
39,205.53
36,002.73
29,250.27
26,084.75
25,454.09
Non-Current Liabilities
81,666.75
66,614.79
59,274.90
62,646.93
64,045.56
54,935.35
42,194.11
37,908.12
30,795.43
28,894.80
Secured Loans
55,972.73
43,067.92
33,081.05
35,256.11
36,949.07
32,991.47
26,441.28
22,246.00
17,845.54
14,418.48
Unsecured Loans
13,768.69
12,359.47
15,544.01
17,522.26
15,348.98
10,534.70
7,367.90
7,878.51
5,753.24
7,908.55
Long Term Provisions
1,763.28
1,815.95
1,497.99
1,600.88
4,384.13
4,234.64
3,785.68
3,507.04
3,289.61
3,239.95
Current Liabilities
75,545.65
70,579.41
56,288.33
51,446.01
54,009.52
58,609.33
49,149.54
39,832.47
36,643.54
33,732.80
Trade Payables
25,665.64
23,835.66
19,036.55
15,505.79
14,985.35
20,992.17
18,287.34
14,796.87
13,376.49
11,421.27
Other Current Liabilities
37,284.85
35,866.10
30,521.96
29,780.47
26,754.11
25,320.03
17,737.29
13,355.70
14,758.58
12,771.87
Short Term Borrowings
10,929.64
9,072.18
5,369.61
4,646.59
10,217.53
10,541.01
11,325.54
10,121.65
7,077.12
7,177.44
Short Term Provisions
1,665.52
1,805.47
1,360.21
1,513.16
2,052.53
1,756.12
1,799.37
1,558.25
1,431.35
2,362.22
Total Liabilities
2,34,721.74
2,04,276.31
1,72,388.49
1,64,745.17
1,65,716.13
1,61,888.66
1,36,369.31
1,13,835.48
99,851.82
94,376.21
Net Block
28,129.41
27,139.98
26,018.49
21,379.68
29,689.27
28,982.74
26,181.90
20,989.01
20,584.71
19,046.74
Gross Block
56,494.80
52,089.81
48,526.15
42,657.87
68,602.29
62,211.37
56,339.26
47,128.47
44,722.83
41,563.17
Accumulated Depreciation
28,304.69
24,949.83
22,507.66
21,203.45
38,913.02
33,228.63
30,157.36
26,139.46
21,480.95
19,942.87
Non Current Assets
1,36,456.10
1,12,950.87
97,240.49
92,607.26
1,01,670.70
92,482.62
77,293.29
65,047.72
55,940.62
54,626.10
Capital Work in Progress
8,039.30
3,968.58
6,702.81
7,872.61
6,856.48
4,759.84
4,269.47
4,278.94
2,371.35
3,032.14
Non Current Investment
21,573.46
21,006.50
19,210.55
18,745.84
12,914.78
12,160.88
10,667.54
9,961.77
8,286.49
7,898.99
Long Term Loans & Adv.
73,566.25
56,642.22
42,170.42
42,200.61
50,064.60
44,569.42
35,087.84
28,914.77
24,587.99
24,510.82
Other Non Current Assets
5,147.68
4,193.59
3,138.22
2,408.52
2,145.57
2,009.74
1,086.54
903.23
110.08
137.41
Current Assets
98,240.17
91,268.84
75,148.00
72,137.91
64,045.43
69,406.04
59,076.02
48,787.76
43,911.20
39,750.11
Current Investments
13,634.64
14,265.92
10,849.88
10,031.82
6,295.56
6,107.22
5,350.07
4,700.67
3,316.09
2,128.15
Inventories
18,590.47
16,854.97
11,595.82
9,615.41
11,111.86
12,200.16
9,335.57
8,886.01
9,116.12
8,453.39
Sundry Debtors
7,459.40
7,028.02
6,373.95
6,007.76
6,928.28
8,677.89
8,489.82
7,199.26
5,817.60
5,476.16
Cash & Bank
12,012.75
11,273.43
11,117.61
12,851.99
7,910.90
8,734.91
6,547.60
4,654.03
4,527.55
4,911.83
Other Current Assets
46,542.91
3,691.40
3,321.83
2,379.15
31,798.83
33,685.86
29,352.96
23,347.79
21,133.84
18,780.58
Short Term Loans & Adv.
43,036.20
38,155.10
31,888.91
31,251.78
29,340.52
31,533.36
26,790.70
21,120.94
20,031.05
17,811.80
Net Current Assets
22,694.52
20,689.43
18,859.67
20,691.90
10,035.91
10,796.71
9,926.48
8,955.29
7,267.66
6,017.31
Total Assets
2,34,696.27
2,04,219.71
1,72,388.49
1,64,745.17
1,65,716.13
1,61,888.66
1,36,369.31
1,13,835.48
99,851.82
94,376.21

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Cash From Operating Activity
-5,629.95
-7,074.02
9,247.55
17,908.83
-1,456.93
-4,347.29
681.86
183.09
2,384.76
1,054.86
PBT
14,856.36
11,305.27
7,091.81
3,039.80
1,798.61
7,280.00
6,590.14
5,003.75
4,794.25
4,037.80
Adjustment
2,684.88
4,336.62
3,422.90
4,547.92
5,975.51
3,832.34
3,568.89
2,907.70
2,801.03
2,415.74
Changes in Working Capital
-19,175.09
-19,941.04
293.26
12,171.19
-6,974.45
-12,522.23
-6,813.30
-5,723.55
-3,237.99
-3,697.56
Cash after chg. in Working capital
-1,633.85
-4,299.15
10,807.97
19,758.91
799.67
-1,409.89
3,345.73
2,187.90
4,357.29
2,755.98
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-3,996.10
-2,774.87
-1,560.42
-1,850.08
-2,256.60
-2,937.40
-2,663.87
-2,004.81
-1,972.53
-1,701.12
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-5,597.77
-8,547.26
-3,225.82
-18,446.76
-6,894.83
-7,168.17
-5,467.93
-5,875.38
-5,798.54
-4,164.87
Net Fixed Assets
-4,223.13
-2,159.67
-3,402.66
-6,761.61
-3,737.60
-2,931.41
-2,489.03
-2,156.93
-1,443.47
-1,892.71
Net Investments
-2,908.33
-2,882.61
-2,421.85
-1,844.48
2,077.90
-1,433.06
-2,674.57
-4,361.00
-409.24
-1,758.31
Others
1,533.69
-3,504.98
2,598.69
-9,840.67
-5,235.13
-2,803.70
-304.33
642.55
-3,945.83
-513.85
Cash from Financing Activity
12,281.41
15,946.11
-5,882.60
406.23
6,932.75
13,193.63
6,314.50
6,107.97
2,966.81
1,669.38
Net Cash Inflow / Outflow
1,053.69
324.83
139.13
-131.70
-1,419.01
1,678.17
1,528.43
415.68
-446.97
-1,440.63
Opening Cash & Equivalents
3,493.41
3,487.59
3,374.59
4,745.03
6,139.00
4,466.63
2,937.49
2,521.72
2,676.12
4,632.88
Closing Cash & Equivalent
4,530.10
3,493.41
3,487.59
3,374.59
4,745.03
6,139.00
4,466.63
2,937.49
2,521.72
2,999.67

Financial Ratios

Consolidated /

Standalone
Description
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Mar 15
Book Value (Rs.)
591.09
503.80
421.71
372.22
358.16
365.37
336.44
272.45
243.67
217.59
ROA
5.59%
6.04%
4.30%
1.47%
-0.83%
3.12%
5.48%
2.95%
2.79%
2.84%
ROE
20.11%
22.09%
16.44%
5.99%
-3.43%
12.19%
20.74%
11.28%
10.40%
10.61%
ROCE
14.88%
15.02%
11.92%
8.41%
5.68%
12.31%
15.43%
12.42%
12.43%
12.22%
Fixed Asset Turnover
2.67
2.51
2.05
1.38
1.46
1.77
1.80
1.94
1.87
1.86
Receivable days
18.26
19.36
24.21
30.68
29.82
29.92
30.70
26.70
25.62
27.26
Inventory Days
44.68
41.11
41.48
49.16
44.55
37.53
35.66
36.92
39.85
40.90
Payable days
101.53
98.58
110.89
128.04
139.99
63.05
62.62
58.87
57.38
53.94
Cash Conversion Cycle
-38.60
-38.11
-45.20
-48.20
-65.62
4.40
3.73
4.74
8.09
14.22
Total Debt/Equity
1.60
1.59
1.59
1.89
2.08
1.78
1.53
1.65
1.58
1.47
Interest Cover
3.10
3.34
2.87
1.67
1.10
2.49
3.31
2.49
2.43
2.37

Annual Reports:

FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016
FY 2015

News Update:


  • M&M’s Farm Equipment Sector reports 34% rise in March tractor sales
    1st Apr 2025, 16:08 PM

    Exports for the month stood at 2352 units

    Read More
  • M&M reports 23% rise in overall auto sales in March 2025
    1st Apr 2025, 14:09 PM

    The company closed the year with 551487 SUVs, the highest ever in its history, with a growth of 20% Year-on-Year

    Read More
  • M&M to increase prices of SUV and CV range
    22nd Mar 2025, 16:27 PM

    The extent of the price increase will vary across different SUVs and commercial vehicles

    Read More
  • M&M to acquire 57% stake in MBTICM
    18th Mar 2025, 12:40 PM

    MBTICM became a direct subsidiary of the company

    Read More
  • M&M launches XUV700 Ebony Limited Edition
    18th Mar 2025, 09:37 AM

    Starting at Rs 19.64 lakh (ex-showroom), this exclusive variant is set to outshine the dark with its captivating dual black-and-silver aesthetic

    Read More
  • M&M’s arm ceased to be subsidiary company
    15th Mar 2025, 15:12 PM

    FGVL was engaged in the business of operating an automotive web for car and bike for retail sale

    Read More
  • M&M reports 15% rise in overall auto sales in February
    1st Mar 2025, 11:40 AM

    The company has posted 19% increase in domestic passenger vehicles sales at 50420 units in February 2025

    Read More
  • M&M’s Farm Equipment Sector reports 18% rise in February tractor sales
    1st Mar 2025, 10:02 AM

    Domestic sales in February 2025 were at 23880 units, as against 20121 units during February 2024, increasing by 19%

    Read More
  • Mahindra Group ties up with Anduril Industries
    20th Feb 2025, 11:41 AM

    The partners plan to jointly come up with advanced AI-enabled CUAS technologies and innovative Command and Control software

    Read More
  • Mahindra & Mahindra reports 22% jump in Q3 consolidated net profit
    7th Feb 2025, 16:13 PM

    Total consolidated income of the company increased by 16.96% at Rs 41881.38 crore for Q3FY25

    Read More
  • M&M gets nod to incorporate Wholly Owned Subsidiary
    7th Feb 2025, 15:10 PM

    The Board of Directors of the company at its meeting held on February 7, 2025 has approved the same

    Read More
  • Mahindra & Mahindra - Quarterly Results
    7th Feb 2025, 13:20 PM

    Read More
  • M&M reports 16% rise in overall auto sales in January
    1st Feb 2025, 12:10 PM

    The company has posted 18% increase in domestic passenger vehicles sales at 50659 units in January 2025

    Read More
  • M&M’s Farm Equipment Sector reports 15% rise in January tractor sales
    1st Feb 2025, 11:08 AM

    Exports for the month stood at 1252 units

    Read More
  • M&M commences sales of Veero CNG
    29th Jan 2025, 15:30 PM

    The Veero CNG starting at Rs 8.99 lakh ex-Showroom for the base 1.4 XXL SD V2 CNG option

    Read More
  • M&M unveils manufacturing & battery assembly facility to produce electric origin SUVs
    8th Jan 2025, 11:44 AM

    With this new facility, Mahindra takes another major step toward shaping the future of mobility

    Read More
  • M&M reports 16% rise in overall auto sales in December
    1st Jan 2025, 12:42 PM

    The company has posted 18% increase in domestic passenger vehicles sales at 41,424 units in December 2024

    Read More
  • M&M’s Farm Equipment Sector reports 20% rise in December tractor sales
    1st Jan 2025, 12:12 PM

    Exports for the month stood at 924 units

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.