
Mahindra & Mahindra Ltd
NSE: M&M BSE: 500520
₹3379.30
(0.46)%
Mon, 02 Feb 2026, 06:10 am
Market Cap4268.04B
PE Ratio26.74
Dividend0.74
Financials
| Particulars | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 123.29B | 175.76B | 237.50B | 263.28B | 314.66B | 337.32B | 555.54B | 673.03B | 727.04B | 707.24B | 754.79B | 831.51B | 917.46B | 1.04T | 751.29B | 735.82B | 896.54B | 1.20T | 1.37T | 1.57T |
| Gross profit | 23.81B | 30.44B | 35.77B | 38.99B | 89.79B | 67.17B | 89.50B | 135.10B | 154.86B | 155.48B | 189.00B | 196.99B | 236.45B | 247.60B | 224.92B | 202.25B | 228.91B | 284.98B | 345.05B | 407.09B |
| Operating expenses (excl. COGS) | -9.13B | -5.33B | -8.32B | -13.16B | -42.94B | -46.59B | -72.20B | -79.04B | -88.23B | -101.00B | -111.28B | -121.93B | -137.94B | -137.53B | -128.30B | -121.98B | -124.29B | -133.64B | -160.08B | -176.34B |
| Selling/general/admin expenses, total | -1.16B | -1.49B | -2.05B | -2.40B | -42.24B | -45.86B | -70.39B | -77.77B | -86.67B | -99.28B | -114.90B | -121.93B | -137.94B | -136.58B | -128.11B | -121.73B | -124.35B | -133.66B | -160.08B | -176.34B |
| Research & development | -1.16B | -1.49B | -2.05B | -2.40B | -2.76B | -3.99B | -4.88B | -6.67B | -6.75B | -14.20B | -14.59B | -13.53B | -14.26B | -14.40B | -8.36B | -8.68B | -9.10B | -8.58B | -9.53B | -10.29B |
| Selling/general/admin expenses, other | — | — | — | — | -39.48B | -41.87B | -65.52B | -71.10B | -79.92B | -85.08B | -100.30B | -108.40B | -123.68B | -122.18B | -119.75B | -113.05B | -115.26B | -125.08B | -150.55B | -166.06B |
| Other operating expenses, total | -7.97B | -5.33B | -6.27B | -10.75B | -704.00M | -733.30M | -1.80B | -1.27B | -1.57B | -1.73B | 3.62B | 0 | 0 | -948.00M | -185.80M | -246.20M | 58.70M | 20.60M | 0 | 0 |
| Operating income | 14.69B | 23.62B | 27.45B | 25.83B | 46.85B | 20.58B | 17.31B | 56.07B | 66.63B | 54.47B | 77.72B | 75.06B | 98.51B | 110.07B | 96.62B | 80.28B | 104.61B | 151.34B | 184.97B | 230.75B |
| Non-operating income, total | 3.34B | -1.59B | -2.41B | -3.29B | -6.55B | 24.57B | 24.53B | -261.70M | -8.43B | -11.35B | -29.46B | -20.55B | -6.33B | -35.03B | -60.01B | -39.57B | -29.55B | -25.79B | -36.41B | -55.32B |
| Interest expense, net of interest capitalized | -2.84B | -4.01B | -6.97B | -8.37B | -10.94B | -11.04B | -18.00B | -22.97B | -29.54B | -31.57B | -33.68B | -36.48B | -39.87B | -50.21B | -60.21B | -61.02B | -50.18B | -58.30B | -74.88B | -90.83B |
| Interest capitalized | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-operating income, excl. interest expenses | 6.31B | 7.79B | 9.09B | 6.66B | 4.62B | 35.84B | 41.76B | 22.75B | 21.70B | 20.25B | 4.32B | 15.11B | 18.40B | 16.79B | 14.66B | 37.93B | 21.55B | 50.13B | 40.27B | 40.48B |
| Non-operating interest income | 649.82M | 1.18B | 1.26B | 1.08B | 1.41B | 1.52B | 1.04B | 1.45B | 3.09B | 3.02B | 3.25B | 3.43B | 3.32B | 4.24B | 4.45B | 4.56B | 4.16B | 5.22B | 7.74B | 12.33B |
| Miscellaneous non-operating expense | 5.66B | 6.61B | 7.83B | 5.58B | 3.21B | 34.32B | 40.72B | 21.30B | 18.61B | 17.23B | 1.07B | 11.68B | 15.07B | 12.55B | 10.21B | 33.38B | 17.39B | 44.90B | 32.53B | 28.15B |
| Unusual income/expense | -130.99M | -5.37B | -4.52B | -1.58B | -228.30M | -232.50M | 760.00M | -42.00M | -592.80M | -29.90M | -100.10M | 825.40M | 15.15B | -1.61B | -14.46B | -16.48B | -922.70M | -17.62B | -1.80B | -4.97B |
| Pretax income | 18.03B | 22.02B | 25.04B | 22.54B | 40.30B | 45.15B | 41.84B | 55.80B | 58.20B | 43.13B | 48.26B | 54.51B | 92.18B | 75.04B | 36.61B | 40.71B | 75.06B | 125.55B | 148.56B | 175.42B |
| Taxes | -4.03B | -5.61B | -6.58B | -5.42B | -11.54B | -13.17B | -14.08B | -19.35B | -14.96B | -17.20B | -21.18B | -23.00B | -23.68B | -28.54B | -19.76B | -16.46B | -21.09B | -26.86B | -37.08B | -50.06B |
| Non-controlling/minority interest | -1.34B | -1.41B | -2.83B | -3.11B | -4.13B | -950.30M | 667.40M | -299.50M | -4.87B | -2.44B | -4.06B | -3.52B | -4.47B | -7.01B | -3.21B | -3.55B | -6.76B | -10.93B | -10.01B | -11.44B |
| After tax other income/expense | 0 | 0 | 0 | 0 | 0 | 456.20M | 0 | 0 | 0 | 0 | -823.70M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income before discontinued operations | 12.70B | 15.16B | 15.73B | 14.12B | 24.83B | 32.73B | 31.27B | 40.99B | 46.67B | 31.37B | 30.66B | 36.98B | 75.10B | 53.15B | 23.92B | 33.47B | 65.77B | 102.81B | 112.69B | 129.29B |
| Net income | 12.70B | 15.16B | 15.73B | 14.12B | 24.83B | 32.73B | 31.27B | 40.99B | 46.67B | 31.37B | 30.66B | 36.98B | 75.10B | 53.15B | 1.27B | 18.12B | 65.77B | 102.81B | 112.69B | 129.29B |
| Dilution adjustment | 11.89M | -240.80M | -429.70M | 172.90M | 285.20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -120.70M | -129.60M | -149.40M | 0 | -27.20M | 0 |
| Preferred dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted net income available to common stockholders | 12.71B | 14.92B | 15.30B | 14.29B | 25.11B | 32.73B | 31.27B | 40.99B | 46.67B | 31.37B | 30.66B | 36.98B | 75.10B | 53.15B | 1.15B | 18.00B | 65.62B | 102.81B | 112.66B | 129.29B |
| Basic earnings per share (Basic EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Diluted earnings per share (Diluted EPS) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 17.53B | 27.43B | 33.28B | 33.33B | 55.60B | 30.30B | 35.33B | 76.86B | 88.32B | 75.71B | 102.13B | 103.19B | 131.31B | 149.98B | 130.29B | 114.06B | 139.64B | 194.63B | 230.34B | 286.33B |
| EBIT | 14.69B | 23.62B | 27.45B | 25.83B | 46.85B | 20.58B | 17.31B | 56.07B | 66.63B | 54.47B | 77.72B | 75.06B | 98.51B | 110.07B | 96.62B | 80.28B | 104.61B | 151.34B | 184.97B | 230.75B |
| Total operating expenses | -108.61B | -152.14B | -210.05B | -237.45B | -267.80B | -316.74B | -538.23B | -616.97B | -660.41B | -652.76B | -677.08B | -756.45B | -818.95B | -933.59B | -654.67B | -655.54B | -791.92B | -1.05T | -1.19T | -1.34T |
| Prepaid expenses | 284.65M | 151.30M | 986.40M | 3.37B | 2.73B | 3.30B | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred income, current | — | — | — | — | — | — | 986.10M | — | — | 1.67B | 10.03B | 7.66B | 11.40B | 16.84B | 19.03B | 19.61B | 23.23B | 27.49B | 36.61B | 40.14B |
| Capital and operating lease obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.28B | 21.28B | 24.33B | 28.82B | 28.14B | 31.70B |
| Operating lease liabilities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Deferred tax liabilities | 2.34B | 2.92B | 3.83B | 5.86B | 7.25B | 9.48B | 7.23B | 11.83B | 15.33B | 16.92B | 14.33B | 17.87B | 15.87B | 21.71B | 15.12B | 14.94B | 17.86B | 16.09B | 17.72B | 19.12B |
| Deferred income, non-current | 2.22B | 3.20B | 4.78B | 6.36B | 8.04B | 12.37B | 10.68B | 12.53B | 13.93B | 15.09B | 17.51B | 19.96B | 21.44B | 0 | 53.50B | 47.66B | 52.50B | 55.25B | 59.46B | 61.92B |
| Minority interest | 8.53B | 16.59B | 27.35B | 30.57B | 24.62B | 43.37B | 45.25B | 52.97B | 57.33B | 58.92B | 59.20B | 63.57B | 82.50B | 83.61B | 76.92B | 90.70B | 97.03B | 107.16B | 113.19B | 120.59B |
| Change in accrued expenses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Common dividends paid | -1.78B | -5.02B | -1.32B | -3.72B | -3.67B | -7.40B | -9.00B | -9.97B | -10.94B | -12.00B | -9.32B | -7.72B | -8.46B | -9.37B | -11.35B | -2.64B | -9.80B | -12.85B | -18.11B | -23.49B |
| Preferred dividends paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800