SML Mahindra Limited (NSE:SMLMAH)
India flag India · Delayed Price · Currency is INR
4,843.50
-107.50 (-2.17%)
Oct 23, 2026, 3:29 PM IST

SML Mahindra Financials Overview

Millions INR. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Revenue
30,65428,39123,99021,95918,2169,242
Revenue Growth
22.41%18.34%9.25%20.55%97.11%56.36%
Gross Profit
6,7946,6095,6694,9063,5421,614
Operating Income
2,0692,2651,8571,311389.77-843.34
Net Income
1,4711,5981,2171,079198.35-997.61
Earnings Per Share
101.62110.3984.0874.5413.71-68.94
EPS Growth
3.93%31.29%12.80%443.84%--

Revenue by Geography

Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMar '26 Mar '25 Mar '24 Mar '23 Mar '22
Overseas
1,327951.3277.84333.07741.37
India
27,05223,03921,68217,8838,500
Total
28,37923,99021,95918,2169,242

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Cash & Investments
194.866.4266.75364.3548.66162.91
Total Debt
383.72,8913,2714,2132,6452,978
Net Cash (Debt)
-188.9-2,825-3,204-3,848-2,596-2,815
Net Cash Growth
------
Net Cash Per Share
-13.05-195.19-221.38-265.92-179.42-194.50

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Operating Cash Flow
3,5091,5621,775-496.8900.63-186.13
Capital Expenditures
-823.12-703.32-619.82-424.26-413.06-190.24
Free Cash Flow
2,685858.611,155-921.06487.56-376.37
Free Cash Flow Growth
248.53%-25.66%----

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
Gross Margin
22.16%23.28%23.63%22.34%19.45%17.46%
Operating Margin
6.75%7.98%7.74%5.97%2.14%-9.13%
Pretax Margin
6.43%7.54%6.77%4.85%0.95%-10.85%
Profit Margin
4.80%5.63%5.07%4.91%1.09%-10.79%
FCF Margin
8.76%3.02%4.81%-4.19%2.68%-4.07%

Dividends

Fiscal Year
CurrentFY 2026FY 2025FY 2024
Period EndingOct '26 Mar '26 Mar '25 Mar '24
Dividend Per Share
23.50023.50018.00016.000
Dividend Per Share Growth
30.56%30.56%12.50%-
Dividend Yield
0.49%0.62%1.15%0.84%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Mar '26 Mar '25 Mar '24 Mar '23 Mar '22
PE Ratio
47.6634.3618.6125.6453.78-
P/FCF Ratio
26.7563.9319.60-21.88-
PS Ratio
2.341.930.941.260.590.78