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MAHINDRA & MAHINDRA Financial Statement Analysis
[BOM: 500520|NSE : M&M]

The Revenues of MAHINDRA & MAHINDRA have increased by 14.80% YoY .
The Earnings Per Share (EPS) of MAHINDRA & MAHINDRA has increased by 32.10 % YoY.
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MAHINDRA & MAHINDRA Last 5 Annual Financial Results
[BOM: 500520|NSE : M&M]

ConsolidatedMar2026
Mar2025
Mar2024
Mar2023
Mar2022
Revenues ₹158,750 Cr₹138,279 Cr₹121,269 Cr₹90,171 Cr₹74,278 Cr
Expenses ₹128,693 Cr₹114,186 Cr₹101,037 Cr₹75,591 Cr₹60,667 Cr
Operating Profit (Excl OI) ₹30,057 Cr₹24,093 Cr₹20,231 Cr₹14,580 Cr₹13,611 Cr
Other Income ₹2,737 Cr₹3,095 Cr₹1,443 Cr₹1,038 Cr₹1,098 Cr
Interest ₹9,178 Cr₹7,608 Cr₹6,012 Cr₹5,018 Cr₹6,102 Cr
Depreciation ₹6,074 Cr₹4,724 Cr₹4,357 Cr₹3,508 Cr₹3,378 Cr
Profit Before Tax ₹19,080 Cr₹15,978 Cr₹14,060 Cr₹9,362 Cr₹5,348 Cr
Profit After Tax ₹14,073 Cr₹12,270 Cr₹11,374 Cr₹7,253 Cr₹3,702 Cr
Consolidated Net Profit ₹12,929 Cr₹11,269 Cr₹10,282 Cr₹6,577 Cr₹1,812 Cr
Earnings Per Share (Rs)₹153.00₹115.82₹101.09₹92.32₹59.14
PAT Margin (%)9.028.538.479.007.77
ROE(%)22.0019.7320.1122.0916.44
ROCE(%)16.2915.1214.8815.0211.92
Total Debt/Equity(x)1.431.631.601.591.59

Key Financials

Market Cap : ₹ 385,851.8 Cr
Revenue (TTM) : ₹ 198,717.0 Cr
Net Profit(TTM) : ₹ 16,656.8 Cr
EPS (TTM) : ₹ 134.0
P/E (TTM) : 23.2

Industry Peers & Returns1W1M1Y
MAHINDRA & MAHINDRA -2.2% 4.7% 0.6%
MARUTI SUZUKI INDIA -2.8% 8% 16.9%
HYUNDAI MOTOR INDIA -1.7% 1.1% -11.7%
TATA MOTORS PASSENGER VEHICLES -4% -14.7% -49.9%
MERCURY EVTECH 0.6% 4.3% -39.6%


MAHINDRA & MAHINDRA Revenues
[BOM: 500520|NSE : M&M]

Y-o-Y

14.80 %

5 Yr CAGR

20.91 %

Years Revenues % Change
Mar2026 ₹158,750 Cr
14.80
Mar2025 ₹138,279 Cr
14.03
Mar2024 ₹121,269 Cr
34.49
Mar2023 ₹90,171 Cr
21.40
Mar2022 ₹74,278 Cr -


MAHINDRA & MAHINDRA Operating Profit
[BOM: 500520|NSE : M&M]

Y-o-Y

24.75 %

5 Yr CAGR

21.90 %

Years Operating Profit % Change
Mar2026 ₹30,057 Cr
24.75
Mar2025 ₹24,093 Cr
19.09
Mar2024 ₹20,231 Cr
38.76
Mar2023 ₹14,580 Cr
7.12
Mar2022 ₹13,611 Cr -

Operating Margins
Y-o-Y

8.67 %

5 Yr CAGR

0.82 %

Years Operating Margin% % Change
Mar2026 18.93%
8.67
Mar2025 17.42%
4.44
Mar2024 16.68%
3.15
Mar2023 16.17%
-11.74
Mar2022 18.32% -

MAHINDRA & MAHINDRA Profit After Tax
[BOM: 500520|NSE : M&M]

Y-o-Y

14.74 %

5 Yr CAGR

63.43 %

Years Profit After Tax % Change
Mar2026 ₹12,929 Cr
14.74
Mar2025 ₹11,269 Cr
9.60
Mar2024 ₹10,282 Cr
56.32
Mar2023 ₹6,577 Cr
262.89
Mar2022 ₹1,812 Cr -

PAT Margins
Y-o-Y

5.74 %

5 Yr CAGR

3.80 %

Years PAT Margin(%) % Change
Mar2026 9.02 %
5.74
Mar2025 8.53 %
0.71
Mar2024 8.47 %
-5.89
Mar2023 9 %
15.83
Mar2022 7.77 % -

MAHINDRA & MAHINDRA Earnings Per Share (EPS)
[BOM: 500520|NSE : M&M]

Y-o-Y

32.10 %

5 Yr CAGR

26.82 %

Years EPS % Change
Mar2026 ₹153
32.10
Mar2025 ₹116
14.57
Mar2024 ₹101
9.50
Mar2023 ₹92
56.10
Mar2022 ₹59 -

MAHINDRA & MAHINDRA Return on Capital Employed (ROCE)
[BOM: 500520|NSE : M&M]

Y-o-Y

7.74 %

5 Yr CAGR

8.12 %

Years ROCE % Change
Mar2026 16.29%
7.74
Mar2025 15.12%
1.61
Mar2024 14.88%
-0.93
Mar2023 15.02%
26.01
Mar2022 11.92% -

MAHINDRA & MAHINDRA Share Price vs Sensex

Current Share Price : ₹3,103.0
Current MarketCap: ₹ 385,851.8 Cr
Updated EOD on :Jul 08,2026

Share Price Returns(%) 1 Week 1 Month 1 Year
MAHINDRA & MAHINDRA

-2.2%

4.7%

0.6%

SENSEX

-0.5%

3%

-8.5%

MAHINDRA & MAHINDRA related INDICES

BSE Indices1W1M1Y
BSE CONSUMER DISCRETIONARY & SERVICES -0% 4.8% 0.2%
BSE AUTO -0.4% 2.4% 10.3%
BSE DIVIDEND STABILITY INDEX -0.4% -0.8% 0.7%
BSE SENSEX 50 -0.4% 2.3% -6.1%
BSE SENSEX SIXTY 65:35 -0.5% 1.7% -4%
NSE Indices1W1M1Y
NIFTY MAHINDRA GROUP 4.3% 5.1% -1.3%
NIFTY GROWTH SECTORS 15 2.4% 1% -5.9%
NIFTY100 ESG 0.1% 1.8% -2.6%
NIFTY TOP 20 EQUAL WEIGHT INDEX -0.1% 3% -7.2%
NIFTY AUTO -0.2% 2.2% 12%

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FAQ about MAHINDRA & MAHINDRA Financials


How the annual revenues of MAHINDRA & MAHINDRA have changed ?

The Revenues of MAHINDRA & MAHINDRA have increased by 14.80% YoY .

How the Earnings per Share (EPS) of MAHINDRA & MAHINDRA have changed?

The Earnings Per Share (EPS) of MAHINDRA & MAHINDRA has increased by 32.10 % YoY .