Flash Finance

Mahindra & Mahindra LimitedM&MCorporate

Consumer Cyclical Auto Manufacturers Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹3,052.00
MCap ₹366,473 Cr · P/E 18.1
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AI-generated data: figures and text on this page are derived by AI agents from public quarterly filings and may contain errors or omissions — this website is managed by AI without human monitoring. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹58,188 Cr
Sales · Jun 2026
+28.1% YoY
₹10,565 Cr
Operating Profit · Jun 2026
+29.9% YoY
18.2%
OPM % · Jun 2026
+1.7% YoY
₹5,998 Cr
Net Profit · Jun 2026
+37.0% YoY
₹48.80
EPS · Jun 2026
+33.4% YoY

📝 Mahindra & Mahindra Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Mahindra & Mahindra Limited reported revenue of ₹58,188 crore for the quarter ended June 2026 (Q1 FY27), up 28.1% from ₹45,436 crore in the same quarter last year, and up 5.8% sequentially over the March 2026 quarter.

Net profit rose 37.0% year-on-year to ₹5,998 crore, from ₹4,377 crore. Earnings per share (EPS) came in at ₹48.80.

Operating profit stood at ₹10,565 crore — an operating margin (OPM) of 18.2%, compared with 17.9% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mahindra & Mahindra Limited posted revenue of ₹198,623 crore, a growth of 24.9% over FY25, with a net profit of ₹18,622 crore (up 32.3% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹211,375 crore with a net profit of ₹20,243 crore.

Valuation snapshot

At the current price of ₹3,052.00, M&M has a market capitalisation of ₹366,473 crore and a trailing P/E of about 18.1.

Within the Auto Manufacturers industry, it is the 2nd-largest of the 10 companies we track by market value.

Shareholding pattern

As of Mar 2026, domestic institutional investors (DIIs) 31.37%, promoters held 18.45%, foreign institutional investors (FIIs) 36.23%, the government 0.21%, public shareholders 10.25% of Mahindra & Mahindra Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹366,473 Cr
Current Price ?
₹3,052.0
P/E ?
18.10below ind
Industry P/E ?
26.50
P/B ?
3.94
P/S ?
1.73
P/FCF ?
144.00
Enterprise Value ?
₹500,436 Cr
EV/EBITDA ?
12.60
PEG ?
0.75
Earnings Yield ?
6.4%
Dividend Yield ?
1.04%
Profitability & Returns
Sales (TTM) ?
₹211,375 Cr
OPM ?
18.8%
Profit after tax (TTM) ?
₹20,243 Cr
EPS (TTM) ?
₹168.58
ROCE ?
15.0%
ROE ?
21.7%
ROA ?
6.4%
Growth
Sales — latest qtr ?
₹58,188 Cr
PAT — latest qtr ?
₹5,998 Cr
YoY qtr sales growth ?
28.1%
YoY qtr profit growth ?
37.0%
Sales growth (3y) ?
18%
Sales growth (5y) ?
22%
Profit growth (3y) ?
24%
Profit growth (5y) ?
51%
Financial Health
Debt ?
₹133,963 Cr
Debt to Equity ?
1.44
Interest Coverage ?
3.1
Current Ratio ?
N/A
Ownership
Promoter holding ?
18.45%
Change in promoter holding ?
0.02%
Pledged percentage ?
N/A
Market
Return 3 months ?
-0.7%
Return 6 months ?
-0.5%

🗓️ Quarterly results (15 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 21,65422,57133,89234,43635,29935,37337,21837,68941,46542,59945,43646,10652,10054,98258,188 +28.1% +5.8%
Operating Profit 2,8142,7976,2465,7306,2246,5267,2436,8998,2267,9118,1348,92910,10710,12710,565 +29.9% +4.3%
Other Income 6703341,0688127568297331,3607247021,4886761,3231,1371,016 -31.7% -10.6%
Interest 69701,7191,8351,9451,9892,1082,2172,3622,3972,4312,3472,4052,4072,560 +5.3% +6.4%
Depreciation 8298391,1281,1391,1231,3351,2481,3021,4952,0291,5481,6692,1631,9431,760 +13.8% -9.4%
Profit Before Tax 1,9581,7114,4683,5683,9124,0304,6214,7405,0924,6275,6446,0586,5696,9147,628 +35.2% +10.3%
Net Profit 1,5281,5493,6842,4842,9773,1253,5463,3613,6243,5424,3773,9645,0215,2605,998 +37.0% +14.0%
EPS 12.7612.9331.5021.0723.8624.7129.4428.4328.5129.5236.5832.9041.8537.5348.80 +33.4% +30.0%
OPM % 13.0% 12.4% 18.4% 16.6% 17.6% 18.4% 19.5% 18.3% 19.8% 18.6% 17.9% 19.4% 19.4% 18.4% 18.2% +1.7% -1.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹158,971 Cr ₹198,623 Cr ₹211,375 Cr +24.9%
Operating Profit ₹30,278 Cr ₹37,297 Cr ₹39,728 Cr +23.2%
OPM % 19.05% 18.78% 18.79% -1.4%
NPM % 8.85% 9.38% 9.58% +6.0%
Other Income ₹3,519 Cr ₹4,624 Cr ₹4,152 Cr +31.4%
Depreciation ₹6,074 Cr ₹7,322 Cr ₹7,535 Cr +20.6%
Interest ₹9,083 Cr ₹9,591 Cr ₹9,719 Cr +5.6%
EBIT ₹24,205 Cr ₹29,975 Cr ₹32,192 Cr +23.8%
PBT ₹19,080 Cr ₹25,185 Cr ₹27,169 Cr +32.0%
Tax ₹-2,856 Cr ₹-4,909 Cr ₹-5,272 Cr -71.9%
Net Profit ₹14,073 Cr ₹18,622 Cr ₹20,243 Cr +32.3%
EPS ₹115.90 ₹148.86 ₹161.08 +28.4%
Material Cost ₹93,899 Cr ₹88,748 Cr ₹95,578 Cr -5.5%
Employee Cost ₹11,126 Cr ₹9,492 Cr ₹9,836 Cr -14.7%
Extraordinary Items — ₹-293 Cr ₹-293 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 557557558559 +0.2%
Reserves 55,80965,63376,48192,538 +21.0%
Borrowings 92,647108,647129,025133,963 +3.8%
Other Liabilities 55,27059,88469,95090,575 +29.5%
Total Liabilities 204,283234,722276,013317,635 +15.1%
Fixed Assets 27,14028,12934,63643,831 +26.5%
CWIP 3,9698,0398,2982,368 -71.5%
Investments 35,27235,20841,30940,324 -2.4%
Other Assets 137,902163,345191,771231,112 +20.5%
Total Assets 204,283234,722276,013317,635 +15.1%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -7,074-5,6303,17611,657 +267.0%
Cash from Investing Activity -8,866-5,615-18,616-17,707 +4.9%
Cash from Financing Activity 15,94612,28115,8345,391 -66.0%
Net Cash Flow 61,037394-659 -267.3%
Free Cash Flow -13,241-15,303-6,6332,545 +138.4%
CFO/OP -21%-7%26%48% +84.6%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 21201917 -10.5%
Inventory Days 83817865 -16.7%
Days Payable 118112118112 -5.1%
Cash Conversion Cycle -13-11-21-30 -42.9%
Working Capital Days -14-8-14-2 +85.7%
ROCE % 13%14%14%15% +7.1%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
DIIs 29.57%29.95%30.39%31.37% +3.2%
Promoters 18.43%18.43%18.43%18.45% +0.1%
FIIs 38.53%38.04%37.49%36.23% -3.4%
Government 0.08%0.08%0.12%0.21% +75.0%
Public 9.77%9.93%10.03%10.25% +2.2%
Others 3.58%3.55%3.52%3.50% -0.6%
No. of Shareholders 8,64,1898,81,1548,85,0619,41,478 +6.4%

⚖️ Peer comparison

Industry: Auto Manufacturers · 10 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 MARUTI Maruti Suzuki ₹12,400.00 389,859 26.6 183,315 14,679 11.7% 8.0% 19.9% 1.2% 28.2% -6.4%
2 M&M Mahindra & Mahindra ₹3,107.00 373,077 18.6 211,375 20,243 18.8% 9.6% 24.9% 32.3% 28.1% 37.0%
3 BAJAJ-AUTO Bajaj Auto ₹11,678.00 320,916 27.5 69,663 11,700 19.8% 16.8% 21.1% 29.7% 72.3% 53.9%
4 EICHERMOT Eicher Motors ₹7,530.00 206,715 35.8 24,998 5,773 24.7% 23.1% 24.0% 16.5% 31.5% 21.3%
5 TVSMOTOR TVS Motor ₹4,103.10 194,990 56.9 60,155 3,602 14.8% 6.0% 26.3% 33.9% 33.5% 64.5%
6 HYUNDAI HYUNDAI MOTOR ₹2,174.00 176,646 35.7 70,685 4,951 11.2% 7.0% 2.3% -3.7% -0.5% -35.1%
7 TMCV TATA MOTORS ₹434.25 159,925 67.7 61,067 2,356 13.3% 3.9% — — — —
8 TMPV Tata Motors ₹315.35 116,140 1.3 61,440 87,273 5.8% 142.0% -11.2% 2041.9% 11.8% -98.6%
9 HEROMOTOCO Hero MotoCorp ₹5,221.50 104,504 18.2 47,411 5,776 14.8% 12.2% 15.9% 32.0% 30.2% 26.1%
10 FORCEMOT Force Motors ₹17,705.00 23,329 18.6 9,200 1,252 16.1% 13.6% 12.2% 51.4% 6.2% 22.8%
❓ Frequently asked questions
What was Mahindra & Mahindra Limited's revenue in Q1 FY27?
Mahindra & Mahindra Limited reported revenue of ₹58,188 crore for the quarter ended June 2026 (Q1 FY27), up 28.1% from ₹45,436 crore in the same quarter last year, and up 5.8% sequentially over the March 2026 quarter.
What was Mahindra & Mahindra Limited's net profit in Q1 FY27?
Net profit rose 37.0% year-on-year to ₹5,998 crore, from ₹4,377 crore. Earnings per share (EPS) came in at ₹48.80.
What is M&M's market capitalisation and P/E ratio?
At the current price of ₹3,052.00, M&M has a market capitalisation of ₹366,473 crore and a trailing P/E of about 18.1.
Who owns Mahindra & Mahindra Limited? (shareholding pattern)
As of Mar 2026, domestic institutional investors (DIIs) 31.37%, promoters held 18.45%, foreign institutional investors (FIIs) 36.23%, the government 0.21%, public shareholders 10.25% of Mahindra & Mahindra Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ AI Disclaimer: This website is entirely managed by AI Agents and may contain errors or inaccuracies. Always verify information from multiple sources before making any financial or investment decisions.