Flash Finance

Mahindra & Mahindra LimitedM&MCorporate

Consumer Cyclical Auto Manufacturers Latest results: Jun 2026 15 quarters of data
Consolidated Standalone
₹2,920.90
MCap ₹350,731 Cr · P/E 22.1
Mahindra & Mahindra Limited — Stock analysis & AI research Mahindra & Mahindra Limited — Multibagger AI analysis Mahindra & Mahindra Limited — Seasonality — best & worst months Mahindra & Mahindra Limited — Technical indicators & charts Mahindra & Mahindra Limited — Technical setup — score, trend, support & resistance Mahindra & Mahindra Limited — Falling Wedge pattern forming Mahindra & Mahindra Limited — Live exchange announcements
📋 High ROE Stocks📋 Stocks With Strong Quarterly Results📋 GARP Stocks (PEG Below 1)📋 Large Cap Stocks List 📈 MACD Bullish Crossover📈 Multi-Timeframe Bearish Stocks ⚖️ vs Maruti Suzuki⚖️ vs Hyundai Motor 🏭 Auto sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. 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 ₹159,152 crore, a growth of 24.7% over FY25, with a net profit of ₹16,566 crore (up 45.6% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹155,582 crore with a net profit of ₹15,874 crore.

Valuation snapshot

At the current price of ₹2,920.90, M&M has a market capitalisation of ₹350,731 crore and a trailing P/E of about 22.1.

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, 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 ?
₹350,731 Cr
Current Price ?
₹2,920.9
P/E ?
22.09below ind
Industry P/E ?
24.70
P/B ?
4.72
P/S ?
2.25
P/FCF ?
21.03
Enterprise Value ?
₹352,384 Cr
EV/EBITDA ?
15.08
PEG ?
0.79
Earnings Yield ?
5.4%
Dividend Yield ?
1.12%
Profitability & Returns
Sales (TTM) ?
₹155,582 Cr
OPM ?
15.0%
Profit after tax (TTM) ?
₹15,874 Cr
EPS (TTM) ?
₹132.20
ROCE ?
31.0%
ROE ?
21.4%
ROA ?
13.2%
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 ?
8.2
Current Ratio ?
N/A
Ownership
Promoter holding ?
18.45%
Change in promoter holding ?
0.02%
Pledged percentage ?
N/A
Market
Return 3 months ?
-8.1%
Return 6 months ?
-8.7%

🗓️ 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 21,65422,57124,40325,76235,21835,45227,13337,92430,96431,60945,52935,08038,94239,60141,959 -7.8% +6.0%
Operating Profit 2,8142,7973,5514,4926,1436,6044,1167,1334,8944,9388,2286,5206,0925,6115,150 -37.4% -8.2%
Other Income 6703346636918377502581,126181-2061,395649225542776 -44.3% +43.2%
Interest 697033331,9451,989532,21761812,431596372100 -95.9% +38.5%
Depreciation 8298398408281,1231,3359151,3021,0451,3061,5481,0411,0521,2011,050 -32.1% -12.5%
Profit Before Tax 1,9581,7113,3414,3223,9124,0303,4064,7403,9683,3455,6446,0695,2024,8814,776 -15.4% -2.2%
Net Profit 1,5281,5492,7593,3932,9773,1252,6133,3612,9642,4374,3774,5213,9313,7373,685 -15.8% -1.4%
EPS 12.7612.9322.1927.2923.8624.7121.0128.4323.8419.6036.5836.3531.6130.0530.65 -16.2% +2.0%
OPM % 13.0% 12.4% 14.6% 17.4% 17.4% 18.6% 15.2% 18.8% 15.8% 15.6% 18.1% 18.6% 15.6% 14.2% 12.3% -32.0% -13.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹127,630 Cr ₹159,152 Cr ₹155,582 Cr +24.7%
Operating Profit ₹21,081 Cr ₹26,451 Cr ₹23,373 Cr +25.5%
OPM % 16.52% 16.62% 15.02% +0.6%
NPM % 8.91% 10.41% 10.20% +16.8%
Other Income ₹1,359 Cr ₹2,811 Cr ₹2,192 Cr +106.9%
Depreciation ₹4,568 Cr ₹4,842 Cr ₹4,344 Cr +6.0%
Interest ₹2,412 Cr ₹2,625 Cr ₹294 Cr +8.8%
EBIT ₹16,513 Cr ₹21,609 Cr ₹19,028 Cr +30.9%
PBT ₹15,459 Cr ₹21,796 Cr ₹20,928 Cr +41.0%
Tax ₹-1,379 Cr ₹-1,268 Cr ₹1,091 Cr +8.1%
Net Profit ₹11,375 Cr ₹16,566 Cr ₹15,874 Cr +45.6%
EPS ₹92.88 ₹134.59 ₹128.66 +44.9%
Material Cost ₹23,377 Cr ₹28,778 Cr ₹32,065 Cr +23.1%
Employee Cost ₹2,655 Cr ₹3,045 Cr ₹1,406 Cr +14.7%
Extraordinary Items — — — —

🏛️ 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 27.7 71,460 11,590 19.8% 16.2% 23.4% 44.4% 65.1% 46.0%
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 38.5 87,165 4,149 13.1% 4.8% — — 19.3% 83.0%
8 TMPV Tata Motors ₹315.35 116,140 1.4 64,356 82,378 4.2% 128.0% 0.2% 1447.5% 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 ₹2,920.90, M&M has a market capitalisation of ₹350,731 crore and a trailing P/E of about 22.1.
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.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI