SML Mahindra

₹5,408As of Sun 8 Nov 2026, 12:00 UTC

NSE:SMLMAHConsumer Disc

Country India

PE (Fwd) 31.14

TSR 10Y CAGR 15.46%

Div yield 0.43%

ROE —

Auto Manufacturers

Beta (5Y) 0.14

PE TTM 48.99

TSR TTM 79.20%

Mkt cap ₹75.01B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹6,075

12.34%

(79.89%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

28.39

Revenue₹B

—

9.242

18.22

21.96

23.99

28.39

34.45

32.39%

18.34

Revenue growth%

—

97.11

20.55

9.25

18.34

21.34

19.45

—

23.28

Gross margin%

—

17.46

19.45

22.34

23.63

23.28

23.34

22.34

7.98

Operating margin%

—

(9.13)

2.14

5.97

7.74

7.98

8.33

5.97

5.63

Net margin%

—

(10.79)

1.09

4.91

5.07

5.63

6.00

4.91

48.99

P/E ratio (avg)x

—

52.87

20.25

21.90

30.50

37.88

26.20

—

34.55

EV/EBITx

—

26.90

16.67

14.35

21.51

27.27

19.09

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

100

—

Return on assets%

—

100

110.39

EPS₹

—

(68.94)

13.71

74.54

84.08

110.39

142.78

100.45%

—

31.29

EPS growth%

—

119.88

443.87

12.79

31.29

29.35

75.59

—

Bookvalue per sh₹

—

FCF per share₹

—

23.50

Dividend per sh₹

—

16.00

18.00

23.50

25.63

21.19%

—

0.43

Div yield (avg)%

—

1.06

0.98

0.70

0.47

0.98

—

21.29

Payout ratio%

—

21.46

21.41

21.29

17.95

21.35

—

14.47

Shares (diluted)M

—

14.47

◌14.47

—

Buyback yield%

—

◌—

—

D/E ratiox

—

78.26

Enterprise value₹B

—

8.510

10.49

21.84

26.64

48.73

78.26

54.69%

—

LT debt₹M

—

Peers (US$807.2M)

Cap (US$)

TVS Holdings Limited

2.764B

12.14x

Force Motors Limited

2.659B

20.91x

Ola Electric Mobility…

1.690B

—

Haima Automobile Co.…

791.4M

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

11.73

4.650

Own earn%

—

Sh yield%

0.43

0.84

Owners

Insiders/Inst%

2.03

3.17

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

4/5

Revenue growth years

4/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

−9–8

$1 testx

—

Incr. ROIC%

—

SML Mahindra Limited manufactures and sells commercial vehicles and related parts in India and internationally. Its products include trucks, buses, and special application vehicles. The company serves fleet owners, educational institutions, offices, transporters, Government agencies, and other domestic and international market through distributors and dealers.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹28.39B

32.39%

1.00×

Cost of revenue

₹21.78B

29.99%

0.93×

Operating expenses

₹4.343B

15.30%

0.58×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m