SML Mahindra

NSE: SMLMAH · ISIN INE294B01019 · Consumer Cyclical

₹5,177.00−231.00 (−4.27%)

Monday 9 November, 13:16 IST. Delayed. Source: Yahoo Finance.

Price chart

₹5,177.00 −231.00 (−4.27%) today

The day

Previous close: ₹5,408.00
Open: ₹5,414.30
Day high: ₹5,420.20
Day low: ₹5,137.60

52-week range

2,749.006,898.50

Listed on NSE since 29 August 2003.

Key numbers

Market value: ₹7,509.34 Cr
P/E (trailing): 52.50
EPS (trailing): ₹98.83
Price to book: 13.40
Dividend yield: 0.43%
Return on equity: 29.3%
Debt to equity: 0.07
Profit margin: 4.8%
Beta: 0.15
Volume today: 31,479
Average volume: 93,126

Source: Yahoo Finance. Ratios use the latest reported (trailing twelve-month) figures.

Revenue and profit

Annual revenue and profit
Year	Revenue	Net profit	EPS
FY23	₹1,809.27 Cr	₹19.84 Cr	₹13.71
FY24	₹2,182.74 Cr	₹107.88 Cr	₹74.54
FY25	₹2,382.58 Cr	₹121.67 Cr	₹84.08
FY26	₹2,818.94 Cr	₹159.75 Cr	–

Source: Yahoo Finance, from annual reports. Consolidated where reported.

Quarterly results

Results for each quarter, latest first
Quarter	Revenue	Net profit	EPS	Profit vs year ago
Q2 FY27Jul–Sep 2026	₹670 Cr	₹12 Cr	₹8.09	−44.4%
Q1 FY27Apr–Jun 2026	₹958 Cr	₹64 Cr	₹43.96	−5.0%
Q4 FY26Jan–Mar 2026Audited	₹898 Cr	₹54 Cr	₹37.46	+2.4%
Q3 FY26Oct–Dec 2025	₹539 Cr	₹18 Cr	₹12.11	–
Q2 FY26Jul–Sep 2025	₹555 Cr	₹21 Cr	₹14.55	–
Q1 FY26Apr–Jun 2025	₹846 Cr	₹67 Cr	₹46.27	–

Source: SML Mahindra’s results filed with NSE, standalone (the company alone). Net profit is the share of SML Mahindra’s own shareholders where the filing separates it. Profit vs year ago compares with the same quarter a year earlier; – where that quarter is not on file or made a loss.

Download results (zip) A spreadsheet of the quarterly results and balance sheets, with the original filings from NSE.

Balance sheet

What the company owns and owes, latest first
As on	September 2026	March 2026	September 2025
Fixed assets	₹330 Cr	₹314 Cr	₹308 Cr
Inventories	₹594 Cr	₹661 Cr	₹595 Cr
Owed by customers	₹97 Cr	₹270 Cr	₹136 Cr
Cash and equivalents	₹4 Cr	₹5 Cr	₹94.00 L
Total assets	₹1,166 Cr	₹1,397 Cr	₹1,193 Cr
Borrowings	₹30 Cr	₹280 Cr	₹249 Cr
Total liabilities	₹606 Cr	₹877 Cr	₹750 Cr
Shareholders’ equity	₹560 Cr	₹519 Cr	₹444 Cr

Source: SML Mahindra’s half-yearly statements of assets and liabilities filed with NSE, standalone. Companies file these every September and March.

About SML Mahindra

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. SML Mahindra Limited 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 Mahindra Limited operates as a subsidiary of Mahindra & Mahindra Limited.

Industry: Auto Manufacturers
Based in: Mohali
Employees: 1,063

Company website · Profile: Yahoo Finance

In the news

All news

M&M to invest up to ₹1,450 crore in SML Mahindra's proposed rights issue
CNBC-TV18 · 6 Nov, 16:50

Dividends and corporate actions

All companies

Dividend - Rs 23.50 Per Share
Dividend · ex-date 3 July 2026
Dividend - Rs 18 Per Share
Dividend · ex-date 9 July 2025
Dividend - Rs 16 Per Share
Dividend · ex-date 6 September 2024
Annual General Meeting
Action · ex-date 6 September 2024
Annual General Meeting
Action · ex-date 8 September 2023
Annual General Meeting
Action · ex-date 12 September 2022
Annual General Meeting
Action · ex-date 20 July 2021
Annual General Meeting
Action · ex-date 12 August 2020

Source: NSE. Latest first, 8 of 20.

Information only, not investment advice. Prices are delayed.