SML MAHINDRA LIMITED SMLMAH NSE
Consumer Cyclical · Auto Manufacturers · India
SML Mahindra Limited manufactures and sells commercial vehicles and related parts in India and internationally. The company's products include trucks and buses. It provides special application, cargo, and passenger vehicles. It offers its products through distributors and dealers. The company was formerly known as SML Isuzu Limited and changed its name to SML Mahindra Limited in October 2025. SML Mahindra Limited was incorporated in 1983 and is based in Mohali, India. As of August 1, 2025, SML Isuzu Limited operates as a subsidiary of Mahindra & Mahindra Limited.
READ MORE ›₹3,745.80
+23.57% 1Y
Market & Price
Market Cap
₹5,420.79 Cr
Current Price
₹3,745.80
High / Low (52W)
₹5,133.30 / ₹2,765.30
Beta
0.08
Valuation
Stock P/E
33.90
Industry PE
26.67
Forward P/E
-
PEG Ratio
-
Book Value
₹358.94
Price to Book
10.44
P/S
1.91
EV/EBITDA
20.43
Dividend Yield
0.63%
Profitability & Returns
ROCE
36.43%
ROE
35.42%
ROA
10.49%
Profit Margin
5.63%
Op Margin
8.58%
EPS (Latest Qtr)
₹12.11
EPS (TTM)
₹110.50
Balance Sheet & Liquidity
Debt/Equity
0.56
Quick Ratio
0.37
Current Ratio
1.25
Debt
₹289.11 Cr
Total Assets
₹1,299.41 Cr
Current Assets
₹903.29 Cr
Working Capital
₹131.59 Cr
Ownership
Promoter Holding
78.34%
Chg in Prom Hold
-
FII / Inst Holding
0.55%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
₹5,688.12 Cr
Total Revenue (TTM)
₹2,837.92 Cr
EBITDA
₹278.40 Cr
Free Cash Flow
₹47.05 Cr
Operating Cash Flow
₹156.19 Cr
Shares Outstanding
₹1.45 Cr
Gross Margin
23.64%
Payout Ratio
16.31%
Growth (CAGR)
Revenue 5Y
37.93%
Profit 5Y
73.99%
Revenue (YoY)
16.40%
Earnings (YoY)
2.30%
PROS
- Strong return on equity of 35.4%.
- Healthy ROCE of 36.4%.
- Compounding revenue at 37.9% over 5 years.
- Profit CAGR of 74.0% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 27.0% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Consumer Cyclical).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | SMLMAH SML MAHINDRA LIMITED NSE | 3,745.80 | 33.90 | ₹5,420.79 Cr | 0.63% | 36.43% | 35.42% | 37.93% | 73.99% |
| 2 | MARUTI Maruti Suzuki India Limited NIFTY50NSEAI | 13,127.00 | 28.09 | ₹4.13 L Cr | 1.07% | 17.22% | 14.43% | 16.60% | 21.11% |
| 3 | M&M Mahindra & Mahindra Limited NIFTY50NSEAI | 3,045.60 | 20.00 | ₹3.66 L Cr | 1.08% | 17.26% | 18.75% | 18.44% | 18.48% |
| 4 | TITAN Titan Company Limited NIFTY50NSE | 4,074.90 | 71.43 | ₹3.61 L Cr | 0.27% | 38.43% | 37.13% | 23.83% | 16.00% |
| 5 | ETERNAL Eternal Limited NSEAITECH | 250.58 | 626.45 | ₹2.30 L Cr | - | 2.87% | 1.19% | 97.70% | 45.90% |
| 6 | EICHERMOT Eicher Motors Limited NIFTY50NSEAI | 7,177.00 | 35.71 | ₹1.97 L Cr | 0.98% | 26.43% | 23.77% | 17.47% | 23.70% |
| 7 | TVSMOTOR TVS Motor Company Limited NSE | 3,355.70 | 52.91 | ₹1.59 L Cr | 0.36% | 28.86% | 31.62% | 26.91% | 31.46% |
| 8 | HYUNDAI HYUNDAI MOTOR INDIA LTD NSE | 1,924.00 | 28.82 | ₹1.56 L Cr | 1.09% | 32.62% | 29.92% | 5.50% | 4.87% |
| 9 | MOTHERSON Samvardhana Motherson International Limited NSEAI | 145.74 | 39.82 | ₹1.53 L Cr | 0.41% | 11.82% | 10.11% | 17.10% | 37.17% |
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Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 549.71 Cr | 331.80 Cr | 754.97 Cr | 845.89 Cr | 539.27 Cr |
| Cost of Revenue | 424.19 Cr | 238.71 Cr | 586.95 Cr | 642.62 Cr | 399.96 Cr |
| Gross Profit | 125.52 Cr | 93.09 Cr | 168.02 Cr | 203.27 Cr | 139.31 Cr |
| Operating Expenses | 92.79 Cr | 86.87 Cr | 88.94 Cr | 110.69 Cr | 111.56 Cr |
| Operating Income | 32.73 Cr | 6.22 Cr | 79.08 Cr | 92.58 Cr | 27.75 Cr |
| EBITDA | 46.35 Cr | 19.96 Cr | 91.57 Cr | 107.07 Cr | 42.65 Cr |
| Interest Expense | 5.75 Cr | 7.10 Cr | 8.34 Cr | 5.09 Cr | 5.79 Cr |
| Pretax Income | 28.53 Cr | 75.00 L | 71.14 Cr | 89.55 Cr | 23.52 Cr |
| Tax Provision | 6.73 Cr | 22.00 L | 18.18 Cr | 22.59 Cr | 5.98 Cr |
| Net Income | 21.80 Cr | 53.00 L | 52.95 Cr | 66.96 Cr | 17.54 Cr |
| Diluted EPS | 15.06 | 0.36 | - | 46.27 | 12.11 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue | 914.24 Cr | 1,809.27 Cr | 2,182.74 Cr | 2,398.99 Cr |
| Cost of Revenue | 761.20 Cr | 1,466.12 Cr | 1,702.22 Cr | 1,822.12 Cr |
| Gross Profit | 153.03 Cr | 343.16 Cr | 480.51 Cr | 576.87 Cr |
| Operating Expenses | 236.96 Cr | 303.70 Cr | 348.25 Cr | 390.67 Cr |
| Operating Income | -83.93 Cr | 39.45 Cr | 132.26 Cr | 186.20 Cr |
| EBITDA | -35.72 Cr | 80.87 Cr | 183.01 Cr | 240.61 Cr |
| Interest Expense | 21.02 Cr | 21.17 Cr | 29.04 Cr | 29.88 Cr |
| Pretax Income | -100.27 Cr | 17.28 Cr | 106.45 Cr | 162.38 Cr |
| Tax Provision | -50.58 L | -2.56 Cr | -1.43 Cr | 40.71 Cr |
| Net Income | -99.76 Cr | 19.84 Cr | 107.88 Cr | 121.67 Cr |
| Diluted EPS | -68.94 | 13.71 | 74.54 | 84.08 |
Compounded Sales Growth
| 5 Years: | 37.93% |
| 1 Year: | 16.40% |
Compounded Profit Growth
| 5 Years: | 73.99% |
| 1 Year: | 2.30% |
Stock Price Performance
| 1 Year: | +23.57% |
| 6 Months: | +33.21% |
| 3 Months: | -22.91% |
| 1 Month: | -0.96% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Total Assets | 815.83 Cr | 936.56 Cr | 1,212.52 Cr | 1,299.41 Cr |
| Current Assets | 420.49 Cr | 538.16 Cr | 824.61 Cr | 903.29 Cr |
| Cash & Equivalents | 10.67 Cr | 3.49 Cr | 34.82 Cr | 3.10 Cr |
| Inventory | 295.99 Cr | 421.89 Cr | 579.73 Cr | 577.99 Cr |
| Receivables | 78.92 Cr | 75.75 Cr | 168.97 Cr | 265.25 Cr |
| Total Liabilities | 654.34 Cr | 758.62 Cr | 926.93 Cr | 916.75 Cr |
| Current Liabilities | 593.39 Cr | 684.96 Cr | 819.56 Cr | 771.70 Cr |
| Long Term Debt | 9.03 Cr | 16.52 Cr | 40.35 Cr | 62.55 Cr |
| Total Debt | 297.77 Cr | 264.51 Cr | 421.27 Cr | 327.05 Cr |
| Total Equity | 161.49 Cr | 177.95 Cr | 285.59 Cr | 382.66 Cr |
| Shares Outstanding | 1.45 Cr | 1.45 Cr | 1.45 Cr | 1.45 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Operating Cash Flow | -18.61 Cr | 90.06 Cr | -49.68 Cr | 177.48 Cr |
| Investing Cash Flow | -6.96 Cr | -42.09 Cr | -45.80 Cr | -60.94 Cr |
| Financing Cash Flow | 17.42 Cr | -55.16 Cr | 126.81 Cr | -148.26 Cr |
| Capital Expenditure | -19.02 Cr | -41.31 Cr | -42.43 Cr | -61.98 Cr |
| Free Cash Flow | -37.64 Cr | 48.76 Cr | -92.11 Cr | 115.50 Cr |
| Net Change in Cash | -8.15 Cr | -7.18 Cr | 31.33 Cr | -31.72 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Gross Margin % | 16.7% | 19.0% | 22.0% | 24.0% |
| Operating Margin % | -9.2% | 2.2% | 6.1% | 7.8% |
| Net Margin % | -10.9% | 1.1% | 4.9% | 5.1% |
| ROE % | -61.8% | 11.1% | 37.8% | 31.8% |
| ROCE % | -37.7% | 15.7% | 33.7% | 35.3% |
Shareholding Pattern
Insiders
78.34%
Institutions
0.55%
Public Float
2.55%
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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