Mahindra & Mahindra Limited

Web: mahindra.com NSE: M&M BSE: 500520 SECTOR: Automobile and Auto Components - Automobiles

3165 65(-2%)

Near 52W Low of 2896

Volume

18L as on 22, Jul

Open

3,215

High

3,217

Low

3,135

3,230

VWAP

3,187

52 Week High

3,840

52 Week Low

2,896

Viand Research Rating

Quality Score

53/100

Growth Score

57/100

Valuation Score

85/100

Momentum Score

45/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

3,93,577

No. of Shares

124

P/E

22.4

P/B

6.42

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

19.5

ROCE

Profit Growth

Listing Date

03-Jan-96

Promoter Holding

18.45%

FII Holding

36.23%

DII Holding

31.37%

Price Chart

Price Performance

1 Week3%

1 Month4%

3 Months1%

6 Months11%

1 Year3%

YTD16%

Moving Average

5 Day SMA3,168

10 Day SMA3,139

20 Day SMA3,137

30 Day SMA3,115

50 Day SMA3,098

61 Day SMA3,114

80 Day SMA3,117

200 Day SMA3,371

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	3,297	3,221	3,255	3,302
Resistance 2	3,255	3,214	3,228	3,257
Resistance 1	3,228	3,208	3,212	3,232
Pivot Point	3,186	3,202	3,186	3,188
Support 1	3,159	3,195	3,159	3,164
Support 2	3,117	3,189	3,143	3,119
Support 3	3,090	3,183	3,117	3,094

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	MARUTI	4,22,871	13450	0%	1%	14%	7%	29	50.8	0	14680
2	M&M	3,93,577	3165	3%	4%	11%	3%	22	50.8	1.44	18622
3	BAJAJ-AUTO	3,10,243	11100	7%	8%	17%	31%	28	50.8	0.58	10574
4	EICHERMOT	2,09,936	7648	3%	0%	8%	40%	42	50.8	0.02	5515
5	TVSMOTOR	1,83,821	3869	8%	12%	9%	39%	244	50.8	3.43	3186
6	HYUNDAI	1,58,608	1952	3%	2%	15%	8%	29	50.8	0.05	5432
7	MOTHERSON	1,53,994	146	1%	2%	29%	45%	42	50.8	0.47	4086
8	TATAMOTORS	1,49,439	383	10%	2%	1%	13%	7	50.8	0.71	82645
9	BOSCHLTD	1,23,589	41900	0%	3%	16%	9%	43	50.8	0.01	2773
10	TMPV	1,19,324	324	2%	9%	6%	22%	51	50.8	0.71	82645
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 18.45%	(0.01) 18.43%	(0.01) 18.43%	(0.01) 18.43%	(0.01) 18.45%	(-0.11) 18.48%	(0.01) 18.53%	(0.01) 18.55%	(-0.81) 18.58%	(0.01) 19.33%	(0.01) 19.33%	(0.01) 19.37%	(0.01) 19.37%	(0.01) 19.39%	(-0.11) 19.38%	(0.01) 19.45%	(0.01) 19.47%	(0.01) 19.47%	(0.01) 19.46%
FIIs	(-1.31) 36.23%	(-0.51) 37.49%	(-0.51) 38.04%	(0.21) 38.53%	(-0.61) 38.30%	(-2.31) 38.92%	(-0.71) 41.18%	(0.11) 41.90%	(0.91) 41.75%	(0.61) 40.86%	(0.11) 40.26%	(0.91) 40.14%	(0.11) 39.24%	(0.91) 39.16%	(0.31) 38.27%	(0.61) 37.94%	(-1.41) 37.30%	(-0.31) 38.66%	(0.01) 38.92%
DIIs	(1.01) 31.37%	(0.41) 30.39%	(0.41) 29.95%	(-0.21) 29.57%	(0.61) 29.77%	(2.21) 29.22%	(0.91) 27.04%	(0.11) 26.18%	(-0.11) 26.13%	(-0.51) 26.26%	(-0.11) 26.79%	(-0.81) 26.89%	(-0.11) 27.66%	(-0.81) 27.72%	(-0.41) 28.50%	(0.11) 28.93%	(1.01) 28.78%	(0.71) 27.81%	(0.01) 27.08%
Government	0.21%	0.12%	0.08%	0.08%	0.08%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Public	10.25%	10.03%	9.93%	9.77%	9.78%	9.66%	9.44%	9.57%	9.70%	9.71%	9.73%	9.71%	9.81%	9.77%	9.83%	9.66%	10.40%	9.95%	10.40%
No. of Shareholders	941,478	885,061	881,154	864,189	895,699	855,175	799,531	756,259	721,672	690,006	675,621	636,984	647,141	636,956	649,341	581,288	632,816	568,603	581,779

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	54982	52100	46106	45529	42599	41470	37924	37218	35452	35299	34436	33892	32456	30621	29870	28414	25934	23594	21470	19172
Sales Growth % (YoY)	-	25.6%	21.6%	22.3%	20.2%	17.5%	10.1%	9.8%	9.2%	15.3%	15.3%	19.3%	25.2%	29.8%	39.1%	48.2%	20.9%	9.1%	11.7%	60.2%
Sales Growth % (QoQ)	5.5%	13%	1.3%	6.9%	2.7%	9.4%	1.9%	5%	0.4%	2.5%	1.6%	4.4%	6%	2.5%	5.1%	9.6%	9.9%	9.9%	12%	-
Expenses	44855	41939	37166	37301	34658	33239	30790	29975	28848	29075	28706	27642	26798	25368	24802	24016	21657	19068	16578	18184
Operating Profit	10127	10160	8940	8228	7942	8231	7133	7243	6604	6224	5730	6249	5658	5254	5068	4399	4278	4526	4892	987
OPM %	18	20	19	18	19	20	19	19	19	18	17	18	17	17	17	15	16	19	23	5
Other Income	1137	976	1134	1395	1110	719	1126	733	750	756	812	1065	662	1184	1348	675	1135	815	690	565
Interest	2407	2405	2347	2431	2397	2362	2217	2108	1989	1945	1835	1719	1634	1596	1382	1219	1222	1211	1285	1300
Depreciation	1943	2163	1669	1548	2029	1495	1302	1248	1335	1123	1139	1128	1194	1110	1092	960	935	919	852	802
Profit before tax	6914	6569	6058	5644	4627	5092	4740	4621	4030	3912	3568	4468	3492	3732	3943	2894	3256	3211	3445	-550
Tax %	24	24	35	22	23	29	29	23	22	24	30	18	14	20	23	18	20	23	28	-40
Net Profit	5260	5021	3964	4377	3542	3624	3361	3546	3125	2977	2484	3684	2998	2994	3021	2361	2608	2485	2491	-332
Net Profit Growth % (QoQ)	4.8%	26.7%	-9.4%	23.6%	-2.3%	7.8%	-5.2%	13.5%	5%	19.8%	-32.6%	22.9%	0.1%	-0.9%	28%	-9.5%	4.9%	-0.2%	850.3%	-
Net Profit Growth % (YoY)	48.5%	38.5%	17.9%	23.4%	13.3%	21.7%	35.3%	-3.7%	4.2%	-0.6%	-17.8%	56%	15%	20.5%	21.3%	811.1%	-	-	-	-
TTM Net Profit	18622	16904	15507	14904	14073	13656	13009	12132	12270	12143	12160	12697	11374	10984	10475	9945	7252	4644	2159	0
EPS in Rs	37.53	37.59	29.54	32.84	26.5	25.58	25.5	26.4	22.15	21.38	18.88	28.21	21.2	21.53	22.3	17.66	18	15.99	15.51	3.41

Upcoming result date: 30-Jul-2026

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	198639	159211	139078	121269	90171	74278	75382	104721	92094	83773	75841	71448	74001	68693
Sales Growth %	-	14.5%	14.7%	34.5%	21.4%	-1.5%	-28%	13.7%	9.9%	10.5%	6.2%	-3.4%	7.7%	15.6%
Expenses	161077	128693	114186	100983	75488	62791	65224	89514	78868	73038	65759	62655	63830	59578
Operating Profit	37561	30518	24892	20285	14683	11487	10158	15207	13226	10735	10082	8793	10170	9116
OPM %	19	19	18	17	16	15	13	15	14	13	13	12	14	13
Other Income	4536	3718	3298	3961	3204	1152	885	2676	4366	2077	1399	800	773	841
Interest	9591	9083	7488	5830	5018	6102	6021	5021	3987	3648	3368	3157	2954	2297
Depreciation	7322	6074	4724	4357	3508	3378	3367	3991	3280	2813	2442	2124	2170	2080
Profit before tax	25185	19080	15978	14060	9362	3158	1655	8871	10326	6350	5672	4313	5820	5580
Tax %	26	26	23	19	23	52	119	32	23	36	37	40	26	35
Net Profit	18622	14073	12270	11374	7253	1512	-321	6017	7958	4051	3554	3381	5154	4129
Net Profit Growth %	32.3%	14.7%	7.9%	56.8%	379.7%	571%	-105.3%	-24.4%	96.4%	14%	5.1%	-34.4%	24.8%	-
EPS in Rs	137.5	103.97	90.62	82.68	52.91	14.58	1.02	42.76	60.41	29.77	25.35	25.26	37.89	33.38
Dividend Payout %	22	22	21	18	20	54	205	17	11	22	21	23	18	19

Cash Flows

	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	3176	-5630	-7074	9248	17909	-1457	-4347	682	183	2385	1055	-244	-922
Cash from Investing Activity	-18616	-5615	-8866	-3252	-19686	-6870	-7174	-5467	-5875	-5506	-4357	-4524	-2903
Cash from Financing Activity	15834	12281	15946	-5883	406	6933	13194	6314	6108	2967	1669	5577	4508
Net Cash Flow	394	1037	6	113	-1370	-1394	1672	1529	416	-154	-1633	810	684

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	559	558	558	558	557	557	556	555	554	544	543	311	270	296	295	295
Reserves	92538	82286	76481	69944	65633	55809	46567	41027	39415	39439	36232	29467	26222	25561	23012	19666
Borrowings	133963	126709	129025	116844	108647	92247	77605	80625	82092	70848	55898	48762	41553	37911	35167	28711
Other Liabilities	90575	83376	69950	67934	59884	55670	47661	42762	43655	51057	43696	35296	31806	30608	29415	27460
Total Liabilities	317635	292930	276013	255280	234722	204283	172388	164968	165716	161889	136369	113835	99852	94376	87889	76131
Fixed Assets	43831	41872	34636	35328	28129	27140	26018	21380	29689	28983	26182	20989	20585	19047	18381	18307
CWIP	2368	2570	8298	4544	8039	3969	6703	7873	6856	4760	4269	4279	2371	3032	2191	1631
Investments	40324	36327	41309	34411	35208	35272	30060	28778	19210	18268	16018	14662	11603	10027	8082	6440
Other Assets	231112	212160	191771	180997	163345	137902	109607	106938	109960	109878	89900	73905	65293	62270	59234	49752
Total Assets	317635	292930	276013	255280	234722	204283	172388	164968	165716	161889	136369	113835	99852	94376	87889	76131

OI Chart

Price

Delivery

#	Date	2900 12% 3250	Value (Cr)	Q/T 30	Del 53	Del 1367
1	24-Jul	3161	675	15	63	425
2	23-Jul	3230	873	15	52	453
3	22-Jul	3175	570	20	53	303
4	21-Jul	3202	565	17	51	289
5	20-Jul	3166	559	19	65	361
6	17-Jul	3179	515	22	54	277
7	16-Jul	3118	618	16	47	289
8	15-Jul	3083	736	17	60	444
9	14-Jul	3093	737	20	50	366
10	13-Jul	3160	556	17	47	261
11	10-Jul	3129	567	24	58	327
12	9-Jul	3085	907	25	56	506
13	8-Jul	3102	923	27	57	529
14	7-Jul	3196	776	20	63	488
15	6-Jul	3201	840	26	58	486
16	3-Jul	3137	760	22	58	437
17	2-Jul	3175	826	20	47	386
18	1-Jul	3130	865	20	39	338
19	30-Jun	3069	1198	25	63	752
20	29-Jun	3093	1153	20	61	699
21	25-Jun	3182	1697	23	54	910
22	24-Jun	3064	668	24	62	415
23	23-Jun	3037	864	26	64	554
24	22-Jun	3063	673	21	66	446
25	19-Jun	3075	1051	29	70	737
26	18-Jun	3136	763	28	66	503
27	17-Jun	3133	998	23	65	648
28	16-Jun	3138	1114	23	70	781
29	15-Jun	3134	1657	29	60	991
30	12-Jun	3043	1074	24	63	674
31	11-Jun	3001	945	21	52	491
32	10-Jun	2952	679	21	57	390
33	9-Jun	2990	757	21	62	468
34	8-Jun	2966	719	19	51	369
35	5-Jun	3040	512	20	49	251
36	4-Jun	3016	844	20	50	421
37	3-Jun	3011	935	21	54	506
38	2-Jun	2998	1208	20	60	720
39	1-Jun	2970	1726	23	57	977
40	29-May	3046	3492	46	73	2545
41	27-May	3122	440	14	43	188
42	26-May	3107	560	16	53	299
43	25-May	3139	762	19	50	381
44	22-May	3081	746	22	53	396
45	21-May	3099	583	19	33	193
46	20-May	3122	723	18	50	363
47	19-May	3092	979	18	46	448
48	18-May	3084	604	16	55	335
49	15-May	3123	690	17	58	404

Daily Market Cap

Date	Total Market Cap	Change	Chg %
24-Jul	3,93,577c	8,083c	2.01
23-Jul	4,01,660c	7,038c	1.78
22-Jul	3,94,621c	4,551c	1.14
21-Jul	3,99,173c	3,867c	0.98
17-Jul	3,95,305c	6,703c	1.72
16-Jul	3,88,603c	3,109c	0.81
15-Jul	3,85,494c	672c	0.17
14-Jul	3,86,165c	7,461c	1.90
13-Jul	3,93,627c	5,099c	1.31
10-Jul	3,88,528c	4,526c	1.18
09-Jul	3,84,002c	1,928c	0.50
08-Jul	3,85,929c	12,187c	3.06
07-Jul	3,98,116c	62c	0.02
06-Jul	3,98,178c	9,712c	2.50
02-Jul	3,88,466c	1,007c	0.26
01-Jul	3,89,473c	6,939c	1.81
30-Jun	3,82,534c	6,044c	1.56
29-Jun	3,88,578c	7,523c	1.90
26-Jun	3,96,101c	2,002c	0.50
25-Jun	3,98,103c	16,626c	4.36
24-Jun	3,81,477c	3,196c	0.84
23-Jun	3,78,282c	2,114c	0.56
22-Jun	3,80,396c	2,574c	0.67
19-Jun	3,82,970c	4,576c	1.18
18-Jun	3,87,546c	1,928c	0.49
17-Jun	3,89,473c	622c	0.16
16-Jun	3,90,095c	124c	0.03
15-Jun	3,89,971c	11,950c	3.16
12-Jun	3,78,020c	10,185c	2.77
11-Jun	3,67,836c	0	0

Stock Checklist

Price is below from 52 week high low average: 43%

Stock is trading above all short term SMAs: YES

Stock is trading above all long term SMAs: NO

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: NO

Promoters are buying the stock: YES

Mutual Fund Holdings

Held by 1031 fund scheme(s) across 49 fund house(s) as of Jul26 · Total value ₹96,043 Cr · 146 increasing / 170 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
ICICI Prudential Mutual Fund	72	5.96%	+0.28%	16487.4
PPFAS Mutual Fund	10	2.48%	-	10513.7
HDFC Mutual Fund	48	2.73%	+0.05%	7183.9
Axis Mutual Fund	58	3.12%	+0.02%	6935.9
Aditya Birla Sun Life Mutual Fund	46	3.34%	-	6688
Nippon India Mutual Fund	44	2.56%	+0.06%	6598.5
UTI Mutual Fund	40	3.05%	-	5603.2
DSP Mutual Fund	36	2.92%	+0.04%	4257.1
Canara Robeco Mutual Fund	26	2.60%	-	4227.3
Kotak Mahindra Mutual Fund	42	7.75%	+0.19%	3561.8
Mirae Asset Mutual Fund	28	2.48%	+0.02%	3432.4
Franklin Templeton Mutual Fund	30	3.75%	+0.30%	2727.1
ICICI Prudential Asset Management Company Limited	5	1.19%	+1.76%	2726.7
SBI Mutual Fund	26	2.40%	+0.06%	2462.7
Sundaram Mutual Fund	30	4.20%	-0.07%	1665.2
Invesco Mutual Fund	25	2.84%	+1.78%	1376.5
Tata Mutual Fund	32	4.04%	-	1226.1
Bandhan Mutual Fund	32	9.81%	-	1207.9
HSBC Mutual Fund	26	1.72%	-	1134.1
WhiteOak Capital Mutual Fund	28	110.05%	+0.11%	1043.3
Edelweiss Mutual Fund	33	6.48%	-	1039.3
Baroda BNP Paribas Mutual Fund	34	3.71%	-	863.2
Motilal Oswal Mutual Fund	16	4.92%	-	554.2
Mahindra Manulife Mutual Fund	22	2.30%	-0.10%	540.8
LIC Mutual Fund	38	3.81%	-	523.5
Navi Mutual Fund	12	2.46%	-	219.6
Bank of India Mutual Fund	17	9.58%	-	202.1
PGIM India Mutual Fund	20	1.02%	-	167.4
Abakkus Mutual Fund	2	2.21%	-	138.9
Bajaj Finserv Mutual Fund	10	9.57%	-0.01%	123.6
ITI Mutual Fund	14	1.24%	+0.03%	118.6
Jio BlackRock Mutual Fund	4	37.74%	-	90.2
Union Mutual Fund	20	4.12%	+0.03%	80.9
JM Financial Mutual Fund	10	3.14%	-0.02%	66.6
Groww Mutual Fund	14	3.73%	-	54.9
Trust Mutual Fund	6	1.45%	+0.33%	52.9
360 ONE Mutual Fund	4	2.77%	-	52.5
Taurus Mutual Fund	12	2.64%	-0.07%	46.5
Quantum Mutual Fund	10	1.43%	-0.01%	43.5
Shriram Mutual Fund	12	4.02%	-	27.8
The Wealth Company Mutual Fund	8	13.00%	-	21.6
Zerodha Mutual Fund	5	112.89%	+0.01%	20.3
PGIM India Asset Management Private Limite	2	2.03%	+1.50%	11.1
Samco Mutual Fund	2	8.54%	+0.61%	5.2
Angel One Mutual Fund	4	2.02%	-	3
Old Bridge Mutual Fund	4	0.38%	-1.12%	1.6
Unifi Mutual Fund	4	-3.29%	-	-12.4
Helios Mutual Fund	4	1.91%	-1.22%	-12.8
NJ Mutual Fund	4	2.31%	-0.17%	-60.7

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Events

Date	Purpose
30-Jul-26	Q1 2027