SML Mahindra Limited (BOM:505192)

SML Mahindra Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 16, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Market Capitalization	88,675	54,890	22,642	27,659	10,667	7,161
Market Cap Growth	105.69%	142.43%	-18.14%	159.29%	48.95%	9.47%
Enterprise Value	91,500	57,006	25,106	30,143	13,322	10,302
Last Close Price	6127.50	3770.70	1545.55	1873.23	722.44	485.01

Price Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 16, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PE Ratio	56.69	34.36	18.61	25.64	53.78	-
PS Ratio	3.01	1.93	0.94	1.26	0.59	0.78
PB Ratio	17.07	10.57	5.92	9.69	6.00	4.43
P/TBV Ratio	19.38	12.00	7.25	13.22	11.46	7.13
P/FCF Ratio	103.28	63.93	19.60	-	21.88	-
P/OCF Ratio	56.77	35.14	12.76	-	11.84	-

EV Ratios

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 16, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
EV/Sales Ratio	3.10	2.01	1.05	1.37	0.73	1.12
EV/EBITDA Ratio	33.57	20.72	10.87	17.17	16.99	-
EV/EBIT Ratio	41.44	25.16	13.52	23.00	34.18	-
EV/FCF Ratio	106.57	66.39	21.74	-	27.32	-

Financial Efficiency

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 16, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Debt / Equity Ratio	0.56	0.56	0.86	1.48	1.49	1.84
Debt / EBITDA Ratio	1.06	1.04	1.40	2.37	3.29	-
Debt / FCF Ratio	-	3.37	2.83	-	5.43	-
Net Debt / Equity Ratio	0.54	0.54	0.84	1.35	1.46	1.74
Net Debt / EBITDA Ratio	1.05	1.03	1.39	2.19	3.31	-6.40
Net Debt / FCF Ratio	-	3.29	2.77	-4.18	5.33	-7.48
Asset Turnover	-	2.11	1.91	2.04	2.08	1.15
Inventory Turnover	-	3.51	3.16	3.40	4.01	2.65
Quick Ratio	-	0.35	0.36	0.25	0.12	0.16
Current Ratio	-	1.25	1.17	1.01	0.79	0.71
Return on Equity (ROE)	-	35.42%	36.42%	46.55%	11.69%	-47.84%
Return on Assets (ROA)	-	10.50%	9.24%	7.62%	2.78%	-6.54%
Return on Invested Capital (ROIC)	20.54%	22.48%	20.26%	23.66%	8.85%	-18.24%
Return on Capital Employed (ROCE)	-	37.30%	35.20%	33.40%	15.50%	-37.90%

Yields

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct 16, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Earnings Yield	1.76%	2.91%	5.37%	3.90%	1.86%	-13.93%
FCF Yield	0.97%	1.56%	5.10%	-3.33%	4.57%	-5.26%
Dividend Yield	0.38%	0.62%	1.15%	0.84%	-	-
Payout Ratio	21.74%	16.17%	19.09%	0.00%	0.03%	-
Total Shareholder Return	0.38%	0.62%	1.15%	0.84%	-	-

Data Source: S&P Global Market Intelligence Last updated: Jul 20, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 19, 2026

Data Sources Report a data error