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 22.3
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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.
₹41,959 Cr
Sales · Jun 2026
-7.8% YoY
₹5,150 Cr
Operating Profit · Jun 2026
-37.4% YoY
12.3%
OPM % · Jun 2026
-32.0% YoY
₹3,685 Cr
Net Profit · Jun 2026
-15.8% YoY
₹30.65
EPS · Jun 2026
-16.2% YoY

📝 Mahindra & Mahindra Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Mahindra & Mahindra Limited reported revenue of ₹41,959 crore for the quarter ended June 2026 (Q1 FY27), down 7.8% from ₹45,529 crore in the same quarter last year, and up 6.0% sequentially over the March 2026 quarter.

Net profit fell 15.8% year-on-year to ₹3,685 crore, from ₹4,377 crore. Earnings per share (EPS) came in at ₹30.65.

Operating profit stood at ₹5,150 crore — an operating margin (OPM) of 12.3%, compared with 18.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Mahindra & Mahindra Limited posted revenue of ₹183,336 crore, a growth of 15.2% over FY25, with a net profit of ₹17,099 crore (up 21.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹179,765 crore with a net profit of ₹16,407 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 22.3.

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, promoters held 18.45%, foreign institutional investors (FIIs) 36.23%, domestic institutional investors (DIIs) 31.37%, 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 ?
22.34below ind
Industry P/E ?
26.50
P/B ?
4.93
P/S ?
2.04
P/FCF ?
21.97
Enterprise Value ?
₹368,126 Cr
EV/EBITDA ?
12.35
PEG ?
0.80
Earnings Yield ?
6.4%
Dividend Yield ?
1.04%
Profitability & Returns
Sales (TTM) ?
₹179,765 Cr
OPM ?
16.6%
Profit after tax (TTM) ?
₹16,407 Cr
EPS (TTM) ?
₹136.64
ROCE ?
31.0%
ROE ?
22.1%
ROA ?
13.6%
Growth
Sales — latest qtr ?
₹41,959 Cr
PAT — latest qtr ?
₹3,685 Cr
YoY qtr sales growth ?
-7.8%
YoY qtr profit growth ?
-15.8%
Sales growth (3y) ?
19%
Sales growth (5y) ?
27%
Profit growth (3y) ?
28%
Profit growth (5y) ?
43%
Financial Health
Debt ?
₹1,653 Cr
Debt to Equity ?
0.02
Interest Coverage ?
3.6
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 21,65422,57133,89234,43635,21835,45237,21837,92441,46542,59945,52946,10652,10039,60141,959 -7.8% +6.0%
Operating Profit 2,8142,7976,2465,7306,1436,6047,2437,1338,2267,9118,2288,92910,1075,6115,150 -37.4% -8.2%
Other Income 6703341,0685928377507331,1267241,1411,395676859542776 -44.3% +43.2%
Interest 69701,7191,8351,9451,9892,1082,2172,3622,3972,4312,3472,40572100 -95.9% +38.5%
Depreciation 8298391,1281,1391,1231,3351,2481,3021,4952,0291,5481,6692,1631,2011,050 -32.1% -12.5%
Profit Before Tax 1,9581,7114,4683,5683,9124,0304,6214,7405,0924,6275,6446,0586,5694,8814,776 -15.4% -2.2%
Net Profit 1,5281,5493,6842,4842,9773,1253,5463,3613,6243,5424,3773,9645,0213,7373,685 -15.8% -1.4%
EPS 12.7612.9331.5021.0723.8624.7129.4428.4328.5129.5236.5832.9041.8530.0530.65 -16.2% +2.0%
OPM % 13.0% 12.4% 18.4% 16.6% 17.4% 18.6% 19.5% 18.8% 19.8% 18.6% 18.1% 19.4% 19.4% 14.2% 12.3% -32.0% -13.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹159,206 Cr ₹183,336 Cr ₹179,765 Cr +15.2%
Operating Profit ₹30,513 Cr ₹32,874 Cr ₹29,796 Cr +7.7%
OPM % 19.17% 17.93% 16.58% -6.5%
NPM % 8.84% 9.33% 9.13% +5.5%
Other Income ₹3,724 Cr ₹3,471 Cr ₹2,852 Cr -6.8%
Depreciation ₹6,074 Cr ₹6,580 Cr ₹6,083 Cr +8.3%
Interest ₹9,083 Cr ₹7,256 Cr ₹4,924 Cr -20.1%
EBIT ₹24,439 Cr ₹26,294 Cr ₹23,713 Cr +7.6%
PBT ₹19,080 Cr ₹23,152 Cr ₹22,283 Cr +21.3%
Tax ₹-5,006 Cr ₹-4,909 Cr ₹-2,550 Cr +1.9%
Net Profit ₹14,073 Cr ₹17,099 Cr ₹16,407 Cr +21.5%
EPS ₹115.90 ₹141.38 ₹135.45 +22.0%
Material Cost ₹95,755 Cr ₹88,748 Cr ₹92,035 Cr -7.3%
Employee Cost ₹11,126 Cr ₹9,492 Cr ₹7,854 Cr -14.7%
Extraordinary Items — ₹-293 Cr ₹-293 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 599600600601 +0.2%
Reserves 42,75851,69260,98573,724 +20.9%
Borrowings 5,0262,0511,6821,653 -1.7%
Other Liabilities 27,39829,36736,38244,624 +22.7%
Total Liabilities 75,78083,70999,649120,603 +21.0%
Fixed Assets 16,97617,80519,65123,307 +18.6%
CWIP 2,7853,7633,9051,689 -56.7%
Investments 27,08729,20735,46842,032 +18.5%
Other Assets 28,93232,93440,62553,575 +31.9%
Total Assets 75,78083,70999,649120,603 +21.0%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 9,12911,47416,61722,758 +37.0%
Cash from Investing Activity -4,753-5,361-13,874-19,733 -42.2%
Cash from Financing Activity -3,784-5,547-3,355-3,529 -5.2%
Net Cash Flow 593566-612-504 +17.6%
Free Cash Flow 5,6986,62811,96816,680 +39.4%
CFO/OP 92%95%109%119% +9.2%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 17161816 -11.1%
Inventory Days 50484434 -22.7%
Days Payable 97929997 -2.0%
Cash Conversion Cycle -30-27-38-47 -23.7%
Working Capital Days -23-16-261 +103.8%
ROCE % 21%26%27%31% +14.8%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 18.43%18.43%18.43%18.45% +0.1%
FIIs 38.53%38.04%37.49%36.23% -3.4%
DIIs 29.57%29.95%30.39%31.37% +3.2%
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 ₹41,959 crore for the quarter ended June 2026 (Q1 FY27), down 7.8% from ₹45,529 crore in the same quarter last year, and up 6.0% sequentially over the March 2026 quarter.
What was Mahindra & Mahindra Limited's net profit in Q1 FY27?
Net profit fell 15.8% year-on-year to ₹3,685 crore, from ₹4,377 crore. Earnings per share (EPS) came in at ₹30.65.
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 22.3.
Who owns Mahindra & Mahindra Limited? (shareholding pattern)
As of Mar 2026, promoters held 18.45%, foreign institutional investors (FIIs) 36.23%, domestic institutional investors (DIIs) 31.37%, 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.