Mahindra & Mahindra Limited has informed the Exchange about General Updates
M&M · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mahindra & Mahindra held its Q1 F26 analyst and press meet on 30 July 2025. Consolidated revenue grew 22% YoY to Rs 45,529 cr and consolidated PAT rose 24% to Rs 4,083 cr, with annualised ROE at 20.6%. SUV volumes were up 22% with a record 27.3% revenue market share (+570 bps), while tractor volumes grew 10% with market share hitting a record 45.2%. Auto (excl eSUV) PBIT margin was maintained at 10.0% and Farm PBIT margin expanded 130 bps to 19.8%. Tech Mahindra EBIT margin recovered to 11.1%, tracking towards an F27 target of 15%, and MMFSL AUM grew 15% with stable asset quality (GS3 at 3.8%).
Broadly positive for shareholders — strong across-the-board execution with record market shares in both SUVs and tractors, margin stability in core auto, and margin recovery underway at TechM. The TechM F27 margin target and the '5X challenge' suggest management is laying out a multi-year growth roadmap, which could support valuation upside if delivery holds.