SML Mahindra, 505192, SMLMAH Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

4,213.71
29.78
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

4,420.41
0.62%
9.49

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

7.48
32.34
9.61

EBITDA CAGR (%)

10 Years
5 Years
3 Years

10.45
-
23.50

PAT CAGR (%)

10 Years
5 Years
3 Years

9.05
-
83.04

P:E (Median)

8 Years
5 Years
3 Years

26.23
-
24.15

P:BV (Average)

8 Years
5 Years
3 Years

6.27
6.99
8.80

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-37.16
-69.85
23.08

Earnings Forecasts:

(Updated: 08-11-2025)

Description 2024 2025 2026 2027
Adj EPS 84.08
P/E Ratio 34.63
Revenue 2378.7
EBITDA 234.56
Net Income 121.67
ROA 9.69
P/B Ratio 11.02
ROE 36.42
FCFF 90.22
FCFF Yield 1.93
Net Debt 307.22
BVPS 264.18

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Sep 25 Sep 24 Var% Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var%
Net Sales 555.11 549.71 0.98% 845.89 746.01 13.39% 771.38 679.60 13.51% 331.80 386.13 -14.07%
Expenses 513.19 504.91 1.64% 740.88 665.12 11.39% 680.94 608.40 11.92% 313.47 364.33 -13.96%
EBITDA 41.92 44.80 -6.43% 105.01 80.89 29.82% 90.44 71.20 27.02% 18.33 21.80 -15.92%
EBIDTM 7.55% 8.15% 12.41% 10.84% 11.72% 10.48% 5.52% 5.65%
Other Income 2.12 1.55 36.77% 2.06 1.25 64.80% 1.72 2.02 -14.85% 1.63 0.97 68.04%
Interest 2.87 5.75 -50.09% 5.09 8.10 -37.16% 8.93 10.72 -16.70% 7.10 7.88 -9.90%
Depreciation 12.89 12.07 6.79% 12.43 12.08 2.90% 12.09 12.10 -0.08% 12.11 12.04 0.58%
PBT 28.28 28.53 -0.88% 89.55 61.96 44.53% 71.14 50.40 41.15% 0.75 2.85 -73.68%
Tax 7.23 6.73 7.43% 22.59 15.57 45.09% 18.19 -1.92 - 0.22 0.17 29.41%
PAT 21.05 21.80 -3.44% 66.96 46.39 44.34% 52.95 52.32 1.20% 0.53 2.68 -80.22%
PATM 3.79% 3.97% 7.92% 6.22% 6.86% 7.70% 0.16% 0.69%
EPS 14.52 15.03 -3.39% 46.18 31.99 44.36% 36.52 36.08 1.22% 0.37 1.85 -80.00%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Expenses 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBITDA 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Interest 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Depreciation 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PBT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
Tax 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PAT 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0 0.00 0.00 0

Annual Results

Standalone Figures in Rs. Crores

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 2,504.18 2,398.99 2,195.93 1,821.59 924.17 591.04 1,154.16 1,409.22 1,135.05 1,356.17 1,166.38 Net Sales Growth 6.04% 9.25% 20.55% 97.11% 56.36% -48.79% -18.10% 24.15% -16.30% 16.27% Cost Of Goods Sold 1,882.76 1,822.12 1,697.32 1,461.19 757.45 470.67 904.22 1,061.34 840.39 1,001.02 847.91 Gross Profit 621.42 576.87 498.61 360.40 166.72 120.37 249.94 347.87 294.65 355.15 318.47 GP Margin 24.82% 24.05% 22.71% 19.78% 18.04% 20.37% 21.66% 24.69% 25.96% 26.19% 27.30% Total Expenditure 2,248.48 2,164.44 2,017.02 1,739.95 965.36 659.83 1,142.27 1,334.84 1,089.78 1,246.18 1,079.54 Power & Fuel Cost - 8.74 10.26 9.85 7.93 6.05 8.33 11.89 11.57 11.39 10.57 % Of Sales - 0.36% 0.47% 0.54% 0.86% 1.02% 0.72% 0.84% 1.02% 0.84% 0.91% Employee Cost - 206.26 195.69 172.45 132.78 133.47 155.15 166.70 146.12 140.25 124.88 % Of Sales - 8.60% 8.91% 9.47% 14.37% 22.58% 13.44% 11.83% 12.87% 10.34% 10.71% Manufacturing Exp. - 20.09 17.62 13.70 12.85 11.60 13.46 14.11 15.00 12.47 12.43 % Of Sales - 0.84% 0.80% 0.75% 1.39% 1.96% 1.17% 1.00% 1.32% 0.92% 1.07% General & Admin Exp. - 20.19 15.65 13.81 10.63 8.97 15.13 18.13 19.15 20.92 20.54 % Of Sales - 0.84% 0.71% 0.76% 1.15% 1.52% 1.31% 1.29% 1.69% 1.54% 1.76% Selling & Distn. Exp. - 79.52 73.36 63.91 39.04 24.83 38.39 52.11 48.13 51.66 56.88 % Of Sales - 3.31% 3.34% 3.51% 4.22% 4.20% 3.33% 3.70% 4.24% 3.81% 4.88% Miscellaneous Exp. - 7.52 7.12 5.04 4.69 4.25 7.59 10.54 9.42 8.47 56.88 % Of Sales - 0.31% 0.32% 0.28% 0.51% 0.72% 0.66% 0.75% 0.83% 0.62% 0.54% EBITDA 255.70 234.55 178.91 81.64 -41.19 -68.79 11.89 74.38 45.27 109.99 86.84 EBITDA Margin 10.21% 9.78% 8.15% 4.48% -4.46% -11.64% 1.03% 5.28% 3.99% 8.11% 7.45% Other Income 7.53 6.05 5.41 3.12 5.96 4.93 5.14 4.49 3.11 4.15 6.21 Interest 23.99 29.88 30.35 25.04 21.51 23.34 14.63 16.10 10.52 6.18 5.16 Depreciation 49.52 48.35 47.52 42.43 43.53 46.17 40.72 38.44 28.40 23.82 19.55 PBT 189.72 162.38 106.45 17.28 -100.27 -133.37 -38.32 24.33 9.46 84.15 68.32 Tax 48.23 40.70 -1.43 -2.56 -0.51 0.12 -17.26 4.76 0.96 21.14 17.16 Tax Rate 25.42% 25.06% -1.34% -14.81% 0.51% -0.09% 45.04% 19.56% 10.15% 25.12% 25.12% PAT 141.49 121.67 107.88 19.84 -99.76 -133.49 -21.06 19.57 8.50 63.01 51.16 PAT before Minority Interest 141.49 121.67 107.88 19.84 -99.76 -133.49 -21.06 19.57 8.50 63.01 51.16 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 5.65% 5.07% 4.91% 1.09% -10.79% -22.59% -1.82% 1.39% 0.75% 4.65% 4.39% PAT Growth 14.86% 12.78% 443.75% - - - - 130.24% -86.51% 23.16% EPS 97.58 83.91 74.40 13.68 -68.80 -92.06 -14.52 13.50 5.86 43.46 35.28

Results Balance Sheet

Standalone Figures in Rs. Crores

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 382.66 285.59 177.95 161.49 255.57 384.87 413.59 398.06 403.80 340.13 Share Capital 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 14.48 Total Reserves 368.18 271.11 163.47 147.01 241.09 370.39 399.11 383.58 389.32 325.65 Non-Current Liabilities 145.05 88.29 56.16 45.90 84.02 138.46 162.35 180.91 100.87 93.66 Secured Loans 62.55 38.41 7.49 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Unsecured Loans 0.00 1.94 9.03 9.03 46.88 94.83 104.24 118.49 35.01 0.00 Long Term Provisions 48.01 50.28 40.07 34.42 33.17 36.78 43.94 45.63 46.75 76.40 Current Liabilities 771.70 819.56 684.96 593.39 441.59 320.12 519.10 407.70 280.69 358.72 Trade Payables 370.13 331.88 291.61 244.75 182.94 167.09 272.30 211.82 190.71 171.93 Other Current Liabilities 141.13 105.16 153.33 104.44 84.90 93.17 103.27 105.77 65.44 55.49 Short Term Borrowings 225.04 350.01 223.98 234.42 160.00 32.97 110.07 70.00 5.11 55.00 Short Term Provisions 35.40 32.51 16.04 9.78 13.75 26.89 33.45 20.10 19.43 76.31 Total Liabilities 1,299.41 1,193.44 919.07 800.78 781.18 843.45 1,095.04 986.67 785.36 792.51 Net Block 321.04 340.50 355.90 348.95 388.61 426.17 379.87 365.03 215.36 171.10 Gross Block 659.26 638.07 609.99 563.50 561.28 554.05 469.41 416.73 239.17 282.89 Accumulated Depreciation 338.22 297.57 254.10 214.55 172.68 127.88 89.54 51.70 23.81 111.79 Non Current Assets 396.12 368.83 380.90 380.28 417.50 460.66 438.27 430.39 335.29 265.80 Capital Work in Progress 59.49 10.58 11.18 16.41 5.06 3.15 27.13 34.86 78.17 40.29 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 12.84 15.33 10.68 13.52 20.00 21.99 25.68 28.13 40.32 54.38 Other Non Current Assets 2.76 2.42 3.15 1.41 3.83 9.35 5.59 2.36 1.44 0.04 Current Assets 903.29 824.61 538.16 420.49 363.68 382.79 656.76 556.27 450.06 526.71 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 577.99 579.73 421.89 295.99 260.06 268.91 423.75 363.78 294.58 338.53 Sundry Debtors 265.25 168.97 75.75 78.92 39.22 39.46 148.65 117.28 114.76 102.80 Cash & Bank 19.84 48.69 5.84 13.63 33.12 36.33 30.17 21.96 7.64 36.14 Other Current Assets 40.21 4.82 3.36 9.00 31.28 38.09 54.19 53.25 33.08 49.24 Short Term Loans & Adv. 33.72 22.39 31.32 22.95 24.21 30.85 48.17 49.43 29.61 36.14 Net Current Assets 131.59 5.05 -146.80 -172.90 -77.91 62.66 137.67 148.57 169.37 167.99 Total Assets 1,299.41 1,193.44 919.06 800.77 781.18 843.45 1,095.03 986.66 785.35 792.51

Cash Flow

Standalone Figures in Rs. Crores

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity 177.48 -49.68 90.06 -18.61 -46.66 150.01 55.21 -32.79 120.62 -11.75 PBT 162.38 106.45 17.28 -100.27 -133.37 -38.32 24.33 9.46 84.15 68.32 Adjustment 75.44 77.97 63.50 58.32 66.97 58.35 55.78 35.18 27.42 17.58 Changes in Working Capital -59.87 -232.73 3.13 12.77 20.27 129.68 -20.92 -71.80 33.22 -78.27 Cash after chg. in Working capital 177.95 -48.31 83.91 -29.17 -46.14 149.71 59.19 -27.16 144.78 7.63 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -0.46 -1.37 6.15 10.56 -0.52 0.30 -3.98 -5.63 -24.16 -19.38 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -60.94 -45.80 -42.09 -6.96 -28.21 -46.75 -57.97 -98.26 -89.16 -13.11 Net Fixed Assets -70.10 -27.48 -41.26 -13.57 -9.14 -60.66 -44.95 -134.25 5.84 -60.98 Net Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others 9.16 -18.32 -0.83 6.61 -19.07 13.91 -13.02 35.99 -95.00 47.87 Cash from Financing Activity -148.26 126.81 -55.16 17.42 60.28 -96.88 10.26 145.62 -33.74 17.09 Net Cash Inflow / Outflow -31.72 31.33 -7.18 -8.15 -14.59 6.38 7.50 14.57 -2.28 -7.77 Opening Cash & Equivalents 34.82 3.49 10.67 18.83 33.83 27.45 19.95 5.38 7.67 15.44 Closing Cash & Equivalent 3.10 34.82 3.49 10.67 19.25 33.83 27.45 19.95 5.38 7.67

Financial Ratios

Standalone

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 264.42 197.34 122.96 111.58 176.59 265.94 285.79 275.05 279.02 235.03 ROA 9.76% 10.21% 2.31% -12.61% -16.43% -2.17% 1.88% 0.96% 7.99% 6.75% ROE 36.42% 46.55% 11.69% -47.84% -41.69% -5.28% 4.82% 2.12% 16.94% 15.91% ROCE 27.35% 24.06% 9.53% -16.40% -20.61% -3.88% 6.37% 3.79% 21.51% 20.40% Fixed Asset Turnover 3.75 3.57 3.17 1.67 1.09 2.29 3.18 3.58 5.81 5.03 Receivable days 32.57 20.04 15.17 22.91 23.73 29.33 34.44 36.07 26.19 28.99 Inventory Days 86.84 82.01 70.40 107.82 159.52 108.00 101.99 102.33 76.21 87.36 Payable days 70.31 67.04 66.99 103.05 135.72 79.33 62.58 58.96 59.63 60.68 Cash Conversion Cycle 49.10 35.01 18.58 27.68 47.53 58.01 73.85 79.43 42.76 55.67 Total Debt/Equity 0.84 1.46 1.45 1.80 0.99 0.45 0.60 0.53 0.10 0.16 Interest Cover 6.43 4.51 1.69 -3.66 -4.71 -1.62 2.51 1.90 14.62 14.23

Top Investors:

sachin bansal (partner of navodaya enterprises)

sachin bansal (partner of spv enterprises)

sachin bansal (partner of anandam enterprises)

investor education and protection fund authority ministry of corporate affairs

vanaja sundar iyer

Annual Reports:

News Update:

SML Mahindra reports 32% rise in October sales
1st Nov 2025, 10:07 AM

The company's passenger vehicles sales stood at 552 units in October 2025, up by 36 % Y-o-Y
Read More
SML Mahindra - Quarterly Results
19th Oct 2025, 00:00 AM

Read More
SML Isuzu reports 10% decline in September sales
1st Oct 2025, 15:46 PM

The company's passenger vehicles sales stood at 580 units in September 2025, down by 10% Y-o-Y
Read More
SML Isuzu reports 15% decline in August sales
1st Sep 2025, 14:16 PM

The company's passenger vehicles sales stood at 521 units in August 2025, down by 24% Y-o-Y.
Read More

SML Mahindra Ltd.

Automobiles-Trucks/Lcv

BSE: 505192 | NSE: SMLMAH

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update:

SML Mahindra Ltd.

Automobiles-Trucks/Lcv

BSE: 505192 | NSE: SMLMAH

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores

Results Balance Sheet

Standalone Figures in Rs. Crores

Cash Flow

Standalone Figures in Rs. Crores

Financial Ratios

Standalone

Top Investors:

Annual Reports:

News Update: