SML Mahindra Ltd

NSE: SMLMAH BSE: 505192

₹4092.60

(0.17%)

Thu, 25 Jun 2026, 03:00 am

MTF 5xInvest in SML Mahindra Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)5924.04

PE Ratio37.07

Dividend0.44

Consumer Durables

Motor Vehicles

24.5K

SML Mahindra Income Statement

Income Statement Balance Sheet Cashflow

Particulars	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total revenue	6.07B	5.98B	6.65B	5.41B	7.17B	8.85B	10.28B	9.87B	8.76B	10.98B	11.57B	13.53B	11.31B	14.06B	11.52B	5.88B	9.19B	18.18B	21.92B	23.92B
Gross profit	292.76M	317.33M	570.53M	218.17M	878.48M	1.08B	1.53B	1.28B	956.66M	1.45B	1.63B	1.85B	1.14B	1.18B	355.11M	-728.71M	-289.71M	1.24B	2.31B	2.94B
Operating expenses (excl. COGS)	-57.36M	-51.98M	-107.89M	-3.16M	-448.57M	-522.44M	-905.55M	-855.43M	-788.76M	-996.73M	-979.03M	-1.01B	-988.16M	-842.76M	-645.66M	-449.76M	-603.06M	-881.85M	-1.03B	-1.14B
Selling/general/admin expenses, total	—	—	—	—	-430.15M	-443.93M	-833.67M	-845.53M	-729.39M	-933.46M	-986.66M	-937.15M	-937.26M	-750.24M	-633.39M	-420.53M	-586.49M	-860.61M	-1.00B	-1.09B
Research & development	-8.90M	-15.45M	-9.32M	-10.63M	-18.04M	-56.47M	-86.34M	-129.66M	-114.00M	-132.75M	-156.43M	-166.06M	-181.69M	-180.50M	-166.51M	-164.46M	-144.54M	-127.80M	-205.87M	-191.61M
Selling/general/admin expenses, other	—	—	—	—	-412.11M	-387.46M	-747.33M	-715.87M	-615.40M	-800.71M	-830.23M	-771.09M	-755.58M	-569.74M	-466.88M	-256.06M	-441.95M	-732.81M	-795.02M	-902.00M
Other operating expenses, total	-57.36M	-51.98M	-107.89M	-3.16M	-18.42M	-78.51M	-71.88M	-9.90M	-59.37M	-63.27M	7.63M	-75.87M	-50.90M	-92.52M	-12.27M	-29.23M	-16.57M	-21.25M	-25.57M	-41.66M
Operating income	235.40M	265.34M	462.64M	204.38M	429.91M	556.95M	621.12M	425.61M	167.89M	457.41M	647.75M	838.91M	154.12M	341.17M	-290.56M	-1.18B	-892.76M	354.55M	1.29B	1.80B
Non-operating income, total	10.42M	-38.22M	-81.62M	-168.00M	-125.60M	-43.15M	-20.37M	59.31M	9.25M	30.04M	35.50M	2.55M	-59.54M	-97.87M	-92.65M	-155.24M	-109.90M	-181.79M	-220.84M	-176.37M
Interest expense, net of interest capitalized	-65.91M	-94.58M	-111.02M	-180.00M	-176.70M	-94.78M	-106.25M	-186.14M	-58.95M	-58.20M	-44.27M	-41.03M	-86.25M	-144.10M	-132.28M	-225.74M	-211.47M	-247.20M	-294.90M	-288.12M
Interest capitalized	—	—	—	—	0	0	0	0	0	0	0	1.06M	40.40M	1.75M	0	0	0	0	0	0
Non-operating income, excl. interest expenses	77.44M	56.62M	29.41M	12.00M	51.34M	62.02M	138.06M	245.45M	66.85M	145.16M	68.66M	33.07M	4.50M	33.86M	51.57M	56.03M	82.53M	49.06M	75.30M	110.28M
Non-operating interest income	700.00K	9.94M	3.27M	9.30M	2.75M	12.18M	40.95M	58.03M	9.74M	69.06M	60.31M	36.62M	15.88M	35.74M	39.30M	20.75M	42.10M	6.85M	18.25M	39.14M
Miscellaneous non-operating expense	76.73M	46.68M	26.13M	2.71M	48.59M	49.84M	97.11M	187.42M	57.11M	76.10M	8.35M	-3.55M	-11.38M	-1.88M	12.27M	35.27M	40.43M	42.21M	57.04M	71.14M
Unusual income/expense	-1.11M	-257.00K	—	—	-239.00K	-10.39M	-52.18M	—	1.35M	-56.92M	11.11M	10.50M	22.21M	12.37M	-11.94M	14.47M	19.04M	16.35M	-1.24M	1.47M
Pretax income	245.82M	227.12M	381.03M	36.38M	304.31M	513.80M	600.75M	484.92M	177.14M	487.45M	683.25M	841.46M	94.58M	243.30M	-383.21M	-1.33B	-1.00B	172.76M	1.06B	1.62B
Taxes	-78.00M	-66.22M	-129.00M	11.50M	-89.70M	-148.22M	-182.04M	-120.59M	-3.13M	-118.05M	-171.61M	-211.36M	-9.61M	-47.56M	172.59M	-1.19M	5.06M	25.60M	14.27M	-407.02M
Non-controlling/minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
After tax other income/expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net income before discontinued operations	167.82M	160.89M	252.03M	47.88M	214.61M	365.57M	418.71M	364.33M	174.01M	369.40M	511.64M	630.10M	84.97M	195.74M	-210.62M	-1.33B	-997.61M	198.35M	1.08B	1.22B
Net income	167.82M	160.89M	252.03M	47.88M	214.61M	365.57M	418.71M	364.33M	174.01M	369.40M	511.64M	630.10M	84.97M	195.74M	-210.62M	-1.33B	-997.61M	198.35M	1.08B	1.22B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	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	167.82M	160.89M	252.03M	47.88M	214.61M	365.57M	418.71M	364.33M	174.01M	369.40M	511.64M	630.10M	84.97M	195.74M	-210.62M	-1.33B	-997.61M	198.35M	1.08B	1.22B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	262.54M	294.25M	495.65M	262.77M	516.33M	646.06M	725.57M	547.39M	295.93M	655.17M	843.28M	1.08B	438.09M	725.56M	116.61M	-716.79M	-457.51M	778.86M	1.76B	2.28B
EBIT	235.40M	265.34M	462.64M	204.38M	429.91M	556.95M	621.12M	425.61M	167.89M	457.41M	647.75M	838.91M	154.12M	341.17M	-290.56M	-1.18B	-892.76M	354.55M	1.29B	1.80B
Total operating expenses	-5.83B	-5.71B	-6.19B	-5.20B	-6.74B	-8.29B	-9.66B	-9.44B	-8.59B	-10.52B	-10.92B	-12.69B	-11.16B	-13.71B	-11.81B	-7.05B	-10.08B	-17.82B	-20.64B	-22.12B
Prepaid expenses	512.72M	592.64M	710.10M	1.44B	736.66M	887.91M	11.62M	10.92M	—	—	157.86M	348.47M	—	24.35M	25.69M	—	—	—	—	—
Deferred income, current	—	—	—	—	—	—	—	—	121.58M	171.41M	160.57M	143.48M	208.10M	169.93M	117.59M	135.60M	263.40M	531.35M	245.16M	372.50M
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	0	8.24M	8.24M	15.60M	84.05M	69.32M	55.92M	40.61M	30.66M	24.91M
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	10.43M	—	27.54M	114.73M	61.70M	154.65M	191.71M	215.63M	236.05M	214.60M	237.82M	259.75M	364.44M	477.31M	560.68M	543.61M	520.75M	358.66M	346.42M	178.24M
Deferred income, non-current	0	0	0	0	—	0	—	—	0	—	0	19.79M	24.50M	7.34M	13.48M	7.99M	9.99M	16.60M	18.49M	18.44M
Minority interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	-76.50M	-55.91M	-56.33M	-56.78M	-16.41M	-57.79M	-115.77M	-115.77M	-115.77M	-51.72M	-104.51M	-139.34M	-139.34M	-28.92M	-54.32M	-100.00K	-85.00K	-50.00K	-30.00K	-229.46M
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0