Mahindra & Mahindra Ltd

Quick check

The five things to look at first. Open one for more.

• DebtHighest safetyRated AAA by 4 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 28% and profit rose 37% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 18% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 18.6 times its yearly earnings (P/E), cheaper than 87% of the time in the last 5 years. Its usual P/E is about 19.

Mahindra & Mahindra Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)18.6 against a typical 28.9: cheaper than most peers (1st = cheapest).2nd of 8
• Sales growth+27.8% against a typical +27.8% from a year earlier.4th of 7
• Profit growth+37% against a typical −2.6% from a year earlier.1st of 8
• Share price, 3 months−10.9% against a typical −11.5%.4th of 8

Exchange filings and their impact on the company.

• 9 Oct 2026Sale or disposalLow impactPositivePrice +0.6% on 12 Oct
  M&M sells 51% of aerospace arm Novavayu to Embraer in a strategically positive but financially small deal.

  Mahindra & Mahindra said Embraer S.A. of Brazil will acquire a 51% equity stake in Novavayu Aerospace, a step-down wholly owned subsidiary, under an investment agreement signed on 9 October 2026. After the deal Novavayu will cease to be a subsidiary and become an associate. No sale price or financial details were disclosed. The tie-up brings a global aircraft maker into M&M's aerospace business, which is strategically positive but too small to move near-term earnings given M&M's scale.

  Full analysisFiling
• 9 Oct 2026General UpdatesLow impactNeutralPrice +0.6% on 12 Oct
  M&M filed its September 2026 monthly production, sales and export report.

  Mahindra & Mahindra informed the exchanges on 9 October 2026 that it has filed its production, sales and export figures for September 2026. The detailed volume enclosure was not available in the extracted text. As a routine monthly operating update, it provides continuity on demand trends but does not by itself change the annual outlook.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Amarjyoti Barua

President, Group Chief Financial Officer

Anish Dilip Shah

Group Chief Executive Officer, Managing Director, Executive Director

Manoj Bhat

Managing Director and Chief Executive Officer of Mahindra Holidays

Lakshmanan Chidambaram

Managing Director and Chief Executive Officer - Bristlecone

Ruzbeh Irani

President - Group Human Resources

Mohit Joshi

Managing Director and Chief Executive Officer - Tech Mahindra

Veejay Ram Nakra

President - Farm Equipment Business

Raul Rebello

Managing Director and Chief Executive Officer - Mahindra Finance