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Mahindra & Mahindra

₹2976.6 46.1 | 1.6%

Market Cap ₹370149 Cr.

Stock P/E 30.2

P/B 6.6

Current Price ₹2976.6

Book Value ₹ 451.6

Face Value 5

52W High ₹3221.1

Dividend Yield 0.71%

52W Low ₹ 1575.3

Mahindra & Mahindra Research see more...

Overview Inc. Year: 1945Industry: Automobiles - Passenger Cars

Mahindra and Mahindra Ltd is an India-based agency engaged in the mobility merchandise and farm solutions. The Company's segments iinclude Automotive and Farm Equipment. The Automotive phase contains the sale of automobiles, spares, mobility solutions, production system and associated offerings. The Farm Equipment segment accommodates the sale of tractors, implements, spares and associated services It also accommodates of Powerol and spares enterprise unit. The Company offers a range of products and solutions, together with SUV's, pickups, commercial automobiles and tractors to electric cars, two-wheelers, and production system. Its industries consist of aerospace, aftermarket, agribusiness, automobile, boats, clean energy, consulting, production device, defence, farm system, hospitality, IT, insurance dealer, logistics, energy backup, retail, steel, real estate and infrastructure, and automobile and system finance.

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Mahindra & Mahindra Share Price

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Mahindra & Mahindra Quarterly Results

#(Fig in Cr.) Sep 2015 Sep 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018
Net Sales 9276 10609 12048 12376 12184 11578 13308
Other Income 484 708 311 205 562 98 171
Total Income 9760 11317 12358 12580 12745 11676 13479
Total Expenditure 8268 9376 11178 11129 10454 10084 11554
Operating Profit 1492 1941 1180 1452 2291 1592 1926
Interest 43 26 48 32 23 25 33
Depreciation 239 334 427 348 363 369 399
Exceptional Income / Expenses 0 0 94 0 0 386 48
Profit Before Tax 1211 1581 799 1072 1905 1584 1541
Provision for Tax 295 418 177 323 574 368 482
Profit After Tax 915 1163 622 749 1332 1216 1059
Adjustments -915 -1163 -622 -749 -1332 -1216 -1059
Profit After Adjustments 0 0 0 0 0 0 0
Adjusted Earnings Per Share 7.7 9.8 5.2 6.3 11.2 10.2 8.9

Mahindra & Mahindra Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 40509 38445 40875 44054 48686 53614 45488 44630 57787 84960 98763 49446
Other Income 718 855 850 1390 1130 1785 1764 1447 2348 2791 4511 1036
Total Income 41226 39300 41725 45443 49815 55399 47251 46077 60135 87751 103275 50480
Total Expenditure 35787 34278 36255 39539 42462 46974 39690 37672 50759 74581 86097 43221
Operating Profit 5439 5022 5470 5905 7354 8425 7562 8405 9375 13170 17178 7261
Interest 259 214 186 204 206 209 209 644 520 455 256 113
Depreciation 863 975 1068 1526 1479 1860 2223 2370 2498 3154 3439 1479
Exceptional Income / Expenses 53 336 69 548 434 -30 -2014 -3087 -209 -1430 0 434
Profit Before Tax 4369 4169 4284 4723 6102 6325 3116 2303 6148 8131 13483 6102
Provision for Tax 611 848 1080 1079 1746 1529 1785 1319 1278 1582 2765 1747
Profit After Tax 3758 3321 3205 3643 4356 4796 1331 984 4870 6549 10718 4356
Adjustments 0 0 0 0 0 0 0 0 0 0 0 -4356
Profit After Adjustments 3758 3321 3205 3643 4356 4796 1331 984 4870 6549 10718 0
Adjusted Earnings Per Share 31.8 28.1 27 30.7 36.6 40.2 11.2 8.2 40.7 54.7 89.4 36.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 16% 30% 13% 9%
Operating Profit CAGR 30% 27% 15% 12%
PAT CAGR 64% 122% 17% 11%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 79% 54% 41% 17%
ROE Average 23% 17% 12% 15%
ROCE Average 27% 20% 15% 18%

Mahindra & Mahindra Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 16791 19255 22423 26786 30294 34209 34468 34951 38198 43357 52277
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 3744 2514 1495 2234 2196 2032 2032 6990 5682 2332 1135
Other Non-Current Liabilities 1986 2201 1737 1060 1628 2256 3029 3435 3746 4052 4421
Total Current Liabilities 8767 8974 9844 9634 13329 14200 10973 16189 18981 25855 25979
Total Liabilities 31289 32945 35500 39713 47447 52697 50502 61564 66607 75780 83811
Fixed Assets 5877 5929 7596 7771 7859 10082 10395 12011 14904 16976 17528
Other Non-Current Assets 14123 16887 16268 19334 23107 24544 24966 28740 25477 24160 31178
Total Current Assets 11289 10128 11636 12608 16370 18053 15141 20813 26175 33951 35106
Total Assets 31289 32945 35500 39713 47447 52697 50502 61564 66607 75780 83811

Mahindra & Mahindra Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 1164 1706 917 842 534 1418 2238 2324 868 717 1310
Cash Flow from Operating Activities 3728 3219 5471 3710 7027 4924 3678 9594 6977 9129 11279
Cash Flow from Investing Activities -2407 -2423 -3538 -2782 -5110 -2549 -2576 -14536 -3964 -4753 -5183
Cash Flow from Financing Activities -824 -1585 -2007 -1161 -1033 -1555 -1015 3514 -3166 -3784 -5538
Net Cash Inflow / Outflow 497 -788 -75 -233 883 820 87 -1428 -153 592 559
Closing Cash & Cash Equivalent 1706 917 842 534 1418 2238 2324 868 717 1310 1869

Mahindra & Mahindra Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 31.83 28.08 27.04 30.69 36.61 40.25 11.15 8.24 40.7 54.66 89.37
CEPS(Rs) 39.15 36.32 36.05 43.54 49.04 55.86 29.78 28.07 61.58 80.99 118.05
DPS(Rs) 14 12 12 13 7.5 8.5 2.35 8.75 11.55 16.25 21.1
Book NAV/Share(Rs) 140.95 161.8 188.02 223.79 252.66 285.12 286.69 290.4 317.29 359.71 433.42
Core EBITDA Margin(%) 10.95 10.26 10.59 9.53 12.59 11.7 12.06 15.05 11.82 11.79 12.27
EBIT Margin(%) 10.73 10.79 10.24 10.4 12.76 11.51 6.92 6.37 11.22 9.75 13.3
Pre Tax Margin(%) 10.13 10.26 9.82 9.97 12.34 11.15 6.48 4.98 10.34 9.23 13.06
PAT Margin (%) 8.72 8.17 7.34 7.69 8.81 8.45 2.77 2.13 8.19 7.44 10.38
Cash Profit Margin (%) 10.72 10.57 9.79 10.91 11.8 11.73 7.39 7.25 12.4 11.02 13.71
ROA(%) 12.8 10.34 9.36 9.69 10 9.58 2.58 1.76 7.6 9.2 13.43
ROE(%) 24.12 18.56 15.47 14.92 15.38 14.98 3.9 2.86 13.4 16.16 22.55
ROCE(%) 23.76 20.02 18.51 17.92 20.06 18.66 8.95 7.36 15.27 18.53 26.98
Receivable days 19.97 22.76 21.2 20.99 22.56 22.9 26.37 20.53 16.09 14.68 15.18
Inventory Days 22.11 23.54 21.44 20.98 20.15 21.04 27.49 32.3 33.02 30.78 32.49
Payable days 62.83 66.01 66.83 69.23 74.36 78.99 86.97 97.22 93.64 79.92 82.87
PER(x) 15.4 21.14 22.37 20.93 20.22 16.69 25.55 96.53 19.8 21.2 21.5
Price/Book(x) 3.48 3.67 3.22 2.87 2.93 2.36 0.99 2.74 2.54 3.22 4.43
Dividend Yield(%) 1.43 1.01 0.99 1.01 1.01 1.27 0.82 1.1 1.43 1.4 1.1
EV/Net Sales(x) 1.46 1.87 1.77 1.76 1.81 1.47 0.72 2.16 1.72 1.64 2.29
EV/Core EBITDA(x) 10.84 14.31 13.22 13.11 11.99 9.36 4.34 11.45 10.59 10.55 13.18
Net Sales Growth(%) 0.17 -5.09 6.32 7.78 10.51 10.12 -15.16 -1.89 29.48 47.02 16.25
EBIT Growth(%) -0.21 -5.3 1.99 10.2 28.04 3.59 -49.11 -11.36 126.23 28.76 60.01
PAT Growth(%) 12.1 -11.63 -3.51 13.69 19.56 10.1 -72.26 -26.03 394.83 34.47 63.66
EPS Growth(%) 12.09 -11.79 -3.71 13.51 19.29 9.95 -72.29 -26.14 394.07 34.3 63.51
Debt/Equity(x) 0.24 0.19 0.13 0.11 0.1 0.08 0.09 0.22 0.17 0.11 0.03
Current Ratio(x) 1.29 1.13 1.18 1.31 1.23 1.27 1.38 1.29 1.38 1.31 1.35
Quick Ratio(x) 0.97 0.86 0.91 1.02 1.03 1 1.07 0.99 1.06 0.97 0.99
Interest Cover(x) 17.86 20.45 24.03 24.14 30.67 31.21 15.9 4.58 12.82 18.86 53.72
Total Debt/Mcap(x) 0.07 0.05 0.04 0.04 0.03 0.03 0.09 0.08 0.06 0.03 0.01

Mahindra & Mahindra Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 18.88 18.88 18.89 18.88 18.88 18.88 18.89 18.15 18.14 18.14
FII 36.84 37.27 38.15 38.25 39.14 39.32 39.96 40.76 40.95 40.29
DII 28.16 27.84 27.08 27.03 26.28 26.23 25.75 25.57 25.66 26.53
Public 13.22 13.4 13.3 13.32 13.21 13.23 13.18 13.14 13 12.87
Others 2.9 2.61 2.57 2.52 2.48 2.34 2.21 2.39 2.25 2.17
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has reduced debt.

Cons

  • Promoter holding is low: 18.14%.
  • Debtor days have increased from 79.92 to 82.87days.
  • Stock is trading at 6.6 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Mahindra & Mahindra News

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