Mahindra & Mahindra Limited (BOM:500520)

Mahindra & Mahindra Ratios and Metrics

Market cap in millions INR. Fiscal year is April - March.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 4, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Market Capitalization	4,149,448	2,971,769	2,139,707	1,289,016	895,511	881,590
Market Cap Growth	30.75%	38.89%	66.00%	43.94%	1.58%	184.38%
Enterprise Value	5,214,908	3,974,972	3,020,557	1,995,936	1,588,218	1,642,555
Last Close Price	3716.45	2645.10	1892.19	1129.13	777.39	758.53
PE Ratio	29.15	22.99	18.99	12.54	13.62	48.64
PS Ratio	2.33	1.85	1.52	1.05	0.99	1.17
PB Ratio	4.23	3.34	2.76	1.92	1.58	1.74
P/TBV Ratio	6.03	4.28	3.65	2.55	2.15	2.42
P/FCF Ratio	-	-	-	-	27.92	8.27
P/OCF Ratio	62.08	93.58	-	-	9.68	5.29
EV/Sales Ratio	2.93	2.47	2.14	1.63	1.75	2.19
EV/EBITDA Ratio	14.75	13.39	12.20	10.27	11.31	12.53
EV/EBIT Ratio	16.85	14.92	13.58	11.77	13.29	14.73
EV/FCF Ratio	-199.77	-	-	-	49.51	15.40
Debt / Equity Ratio	1.32	1.45	1.41	1.39	1.37	1.60
Debt / EBITDA Ratio	3.84	4.26	4.29	4.64	5.36	5.96
Debt / FCF Ratio	-	-	-	-	24.27	7.58
Asset Turnover	0.65	0.63	0.64	0.64	0.53	0.45
Inventory Turnover	4.88	4.97	4.76	5.25	4.95	3.75
Quick Ratio	0.48	0.58	0.45	0.49	0.53	0.59
Current Ratio	1.35	1.40	1.30	1.29	1.34	1.40
Return on Equity (ROE)	17.23%	16.89%	16.97%	18.36%	13.50%	7.53%
Return on Assets (ROA)	6.71%	6.48%	6.29%	5.58%	4.39%	4.18%
Return on Capital (ROIC)	8.57%	8.22%	8.02%	7.20%	5.61%	5.33%
Return on Capital Employed (ROCE)	15.20%	14.20%	13.80%	12.50%	10.10%	9.70%
Earnings Yield	3.43%	4.35%	5.27%	7.98%	7.34%	2.06%
FCF Yield	-0.63%	-2.43%	-7.28%	-10.38%	3.58%	12.10%
Dividend Yield	0.69%	0.96%	1.11%	1.44%	1.49%	1.15%
Payout Ratio	19.81%	18.16%	16.07%	12.50%	14.91%	14.58%
Buyback Yield / Dilution	-0.23%	-0.09%	-0.13%	-0.16%	-0.10%	-0.48%
Total Shareholder Return	0.46%	0.87%	0.99%	1.28%	1.38%	0.67%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.