Mahindra & Mahindra Limited (NSE:M&M)
India flag India · Delayed Price · Currency is INR
3,040.50
+24.40 (0.81%)
Jun 5, 2026, 3:29 PM IST

Mahindra & Mahindra Stock Forecast

Stock Price Forecast

According to 34 analysts polled by S&P Global, Mahindra & Mahindra stock has a consensus rating of "Strong Buy" and an average price target of ₹4,144. The average 1-year stock price forecast is 36.28% higher than the current stock price, while the lowest is ₹3,800 (+24.98%) and the highest is ₹4,590 (+50.96%).

Price Target: ₹4,144 (+36.28%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price₹3,800₹4,144₹4,132₹4,590
Change+24.98%+36.28%+35.88%+50.96%

Analyst Ratings

The average analyst rating for Mahindra & Mahindra stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy242422212325
Buy11111212108
Hold111111
Sell000000
Strong Sell000000
Total363635343434

Financial Forecast

Revenue This Year
1.64T
from 2.02T
Decreased by -18.62%
Revenue Next Year
1.82T
from 1.64T
Increased by 10.77%
EPS This Year
141.37
from 130.38
Increased by 8.43%
EPS Next Year
160.10
from 141.37
Increased by 13.25%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
909.45B1.22T1.41T1.61T2.02T1.64T
Revenue Growth
21.07%34.45%15.26%14.14%25.62%-18.62%
Gross Profit
384.99B475.74B565.42B641.59B791.62B383.44B
Gross Margin
42.33%38.91%40.12%39.88%39.17%23.32%
Operating Income
119.54B169.65B222.43B266.46B336.85B181.23B
Net Income
65.77B102.82B112.69B129.29B170.99B170.43B
EPS
----130.38141.37
EPS Growth
----32.43%8.43%
Forward PE
13.8112.8019.2422.6224.5721.51
Dividend / Share
11.5516.2521.1025.3033.0035.59
Dividend Growth
-40.69%29.85%19.91%30.43%7.86%
Free Cash Flow
22.62B-7.47B-9.50B25.28B156.55B114.87B
No. Analysts
-----34
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High1.8T
Avg1.6T
Low1.6T

Revenue Growth

Revenue Growth202720282029
High
-13.1%
Avg
-18.6%
Low
-22.7%

EPS Forecast

EPS202720282029
High-
Avg141.37
Low-

EPS Growth

EPS Growth202720282029
High-
Avg
8.4%
Low-