SML Mahindra Limited has informed the Exchange regarding Sales Figure for the month of February 2026
SMLMAH · price
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Awaiting price reaction for this filing.
SML Mahindra reported February 2026 total sales of 1,503 units, up 17% from 1,288 units in February 2025. Passenger vehicle sales rose 24% YoY to 1,017 units, while cargo vehicle sales grew 4% to 486 units. For the April 2025–February 2026 period, cumulative sales rose 19% to 14,175 units versus 11,906 units a year earlier, driven by a 33% jump in cargo vehicles (4,806 units) and a 13% rise in passenger vehicles (9,369 units). The figures suggest continued recovery and growth momentum in the truck and bus segment after the Mahindra rebranding.
Positive for shareholders — strong double-digit YoY growth in both monthly and YTD volumes reflects improving demand and market traction. Sustained growth could support earnings momentum, though volumes are still relatively modest given SML's small scale in the CV industry.