| Revenue growth | 18% for FY26; 16% for Q4 FY26. |
|---|---|
| Margins | PAT margin increased; facing 1.3% commodity inflation in Q4. |
| Order book | High execution of institutional orders in Q3 to free Q4 capacity. |
| Demand visibility | Strong inherent replacement demand; peak season for school buses. |
| Management confidence | High; integration ahead of plan with upgraded AA+ rating. |
Growth
Revenue up 18%; PAT up 31% for FY26. Cargo volumes grew 28% and passenger vehicles 12%.
Outlook
Targeting ₹15,000 crore revenue and 10-12% market share by FY31. EV bus launch planned for FY27.
Risks
Inflationary pressures, commodity price volatility (steel, copper), and geopolitical disruptions affecting supply chains.
Earnings Call filed with BSE, NSE: SMLMAH. Summary written with AI assistance from the document.
SML Mahindra Ltd: key numbers
- Share price
- ₹6,095.00
- Market cap
- ₹8,820 Cr
- Revenue (annual)
- ₹2,838 Cr
- Net profit (annual)
- ₹159.8 Cr
- P/E (TTM)
- 56.4×Sector 31.7×
- Promoter holding
- 58.97%+0.00% QoQ
- FII holding
- 1.24%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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