| Revenue growth | 18% YoY in FY26; 16% YoY in Q4 FY26. |
|---|---|
| Margins | PAT growth (31%) significantly outpaced revenue growth (18%). |
| Demand visibility | Strong; outgrowing industry (17% vs 13%). |
| Management confidence | High; experience since Aug'25 reaffirms acquisition rationale. |
Growth
FY26 Revenue grew 18% to ₹2,838 cr; PAT surged 31% to ₹160 cr. Cargo volumes up 28%.
Outlook
Targeting top 3 in ILCV Trucks/Buses with focused HCV play. Integration of supply chains and networks on track.
Risks
Potential integration delays between SML and Mahindra Truck & Bus Division; competitive ILCV market dynamics.
Earnings Call filed with NSE, NSE: SMLMAH. Summary written with AI assistance from the document.
SML Mahindra Ltd: key numbers
- Share price
- ₹5,187.00
- Market cap
- ₹7,506 Cr
- Revenue (annual)
- ₹2,838 Cr
- Net profit (annual)
- ₹159.8 Cr
- P/E (TTM)
- 51.0×Sector 33.1×
- Promoter holding
- 58.97%+0.00% QoQ
- FII holding
- 3.65%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SML Mahindra Ltd
All →SML Mahindra Board Meeting Date
SML Mahindra rescheduled its board meeting to 16 November 2026 to consider rights issue terms. No financial value is stated in the filing.
SML Mahindra Capital Structure Change
Anandam Enterprises and persons acting in concert sold 10,000 SML Mahindra shares (0.0691%) on 06.11.2026 in an open-market sale. Holding fell from 8.8642% to 8.7951%.
SML Mahindra Fund Raise of ₹1,450 Cr
SML Mahindra announced a board-approved rights issue of fully paid-up equity shares at Rs. 10 face value for up to Rs. 1450 Crore. Terms, record date and regulatory approvals remain pending.
- Value
- ₹1,450 Cr
SML Mahindra Board Meeting Date
SML Mahindra intimated a Board meeting on 6 November 2026 to consider a fund raise via equity or other securities. No amount or mode is finalized.
SML Mahindra Business Update
SML Mahindra reported October 2026 sales of 1,065 vehicles, up 1% year-on-year. Passenger vehicle sales fell 3%, while cargo vehicles rose 5%.
SML Mahindra Q2 FY27 Results: Net Profit ₹11.7 Cr, Down 44.5% YoY
SML Mahindra Ltd reported revenue from operations of ₹669.8 Cr (+20.7% YoY) and net profit of ₹11.7 Cr (-44.5% YoY) for Q2 FY27.
- Key figure
- Net profit ₹11.7 Cr · -44.5% YoY