Mahindra & Mahindra Limited (BOM:500520)
India flag India · Delayed Price · Currency is INR
3,396.35
+117.45 (3.58%)
At close: Jul 31, 2026

Mahindra & Mahindra Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
2,145,5592,017,9851,608,6611,409,3301,222,772909,446
Revenue Growth
26.44%25.45%14.14%15.26%34.45%21.07%
Gross Profit
827,946780,342641,594565,419475,742384,995
Operating Income
363,324340,315266,461222,433169,652119,542
Net Income
184,701170,989129,291112,686102,81565,773
Earnings Per Share
164.35152.18115.06100.7091.9658.83
EPS Growth
34.52%32.26%14.26%9.51%56.31%264.30%

Revenue by Segment

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Automotive
1,262,2271,178,341908,246761,560615,457370,126
Farm Equipment
441,776425,684353,753334,742348,701270,596
Financial Services
216,739209,493182,958156,520126,137112,092
Industrial Businesses and Consumer Services
250,491227,489189,714177,191190,282-
Eliminations
-58,264-54,622-42,563-39,230-66,957-26,756
Net Unallocable Interest Income
-17,62512,3307,7405,0994,165
Total
2,130,5942,004,0101,604,4381,398,5231,218,718905,871

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
513,404513,404418,725250,778264,582226,926
Total Debt
1,371,6861,371,6861,295,2121,090,029929,196778,424
Net Cash (Debt)
-858,282-858,282-876,487-839,250-664,614-551,498
Net Cash Growth
------
Net Cash Per Share
-765.53-765.82-782.77-750.16-594.83-494.38

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
-116,57431,758-56,300-70,74092,476
Capital Expenditures
--96,055-103,920-99,460-63,046-60,398
Free Cash Flow
-20,519-72,161-155,759-133,78632,078
Free Cash Flow Growth
------69.93%

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingJun '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
38.59%38.67%39.88%40.12%38.91%42.33%
Operating Margin
16.93%16.86%16.56%15.78%13.87%13.15%
Pretax Margin
12.66%12.48%11.86%11.34%11.50%10.29%
Profit Margin
8.61%8.47%8.04%8.00%8.41%7.23%
FCF Margin
-1.02%-4.49%-11.05%-10.94%3.53%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Dividend Per Share
33.00033.00025.30021.10016.25011.550
Dividend Per Share Growth
30.43%30.44%19.91%29.85%40.69%32.00%
Dividend Yield
0.97%1.13%0.97%1.13%1.45%1.50%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
20.5619.2922.9918.9912.5413.62
P/FCF Ratio
185.10160.75---27.92
PS Ratio
1.771.631.851.521.050.99