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Earnings Call

Mahindra & Mahindra Earnings Call: Key Takeaways

M&M reports strong Q4 F26 results with 29% revenue growth and 42% PAT growth. Strategy focuses on market leadership in Auto/Farm and scaling 'Growth Gems' via AI transformation.

Highlights
Revenue growth29% YoY for Q4 F26; 25% for full year FY26.
MarginsAuto margins up 80bps; Farm up 150bps; TechM up 290bps.
Order bookLarge order pipeline for Aerostructures; strong GDV for Lifespaces.
Demand visibilityStrong SUV demand; domestic farm volumes up 24%.
Management confidenceHigh; emphasizing resilience and 'acceleration in uncertainty'.

Growth

Q4 F26 Consolidated Revenue up 29% (₹54,982 cr); PAT up 42% (₹4,668 cr). FY26 PAT grew 35% to ₹17,099 cr.

Outlook

Targets 2-3x revenue growth for Auto and 1.5-2x for Farm by F31. ROE maintained at 20%.

Risks

Short-term inflation pressures, geopolitical risks, and supply chain vulnerabilities in 9 key commodities/82 part-families.

Source

Earnings Call filed with NSE, NSE: M&M. Summary written with AI assistance from the document.

Read the document ↗

Mahindra & Mahindra Ltd: key numbers

Share price
₹3,035.00
Market cap
₹3,77,411 Cr
Revenue (annual)
₹1,98,639 Cr
Net profit (annual)
₹17,099 Cr
P/E (TTM)
20.4×Sector 33.6×
Promoter holding
18.45%+0.00% QoQ
FII holding
34.89%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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14:42 IST BSE
Debt & Borrowing

Mahindra & Mahindra Debt & Borrowing: ₹475 Cr

Mahindra & Mahindra Limited has completed the full redemption of its 7.57% unsecured non-convertible debentures. The total payment of ₹475.00 Crore was made upon maturity.

Value
₹475.0 Cr
14:41 IST BSE
Debt & Borrowing

Mahindra & Mahindra Debt & Borrowing: ₹34.74 Cr

Mahindra & Mahindra Ltd paid Rs. 34.74 Crore interest on its 7.57% unsecured non-convertible debentures. The payment was completed on the due date of September 25, 2026.

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₹34.74 Cr
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Debt & Borrowing

Mahindra & Mahindra Debt & Borrowing: ₹510.6 Cr

Mahindra & Mahindra Ltd has completed the full redemption of its 7.57% Non-Convertible Debentures worth Rs. 475 Crore. The company also paid annual interest of Rs. 35.56 Crore.

Value
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Mahindra & Mahindra Board Meeting Date

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