SML Mahindra Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctAuditor Mid Year ChangeResults View source PDF

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AI summary

SML Mahindra Limited reported strong full-year results for FY2026 with revenue from operations growing 18.3% to Rs. 2,837.92 crore from Rs. 2,398.99 crore in the prior year. Profit after tax surged 31.3% to Rs. 159.75 crore versus Rs. 121.67 crore, with EPS at Rs. 110.39 per share. The Board recommended a final dividend of Rs. 23.50 per share (235%) amounting to Rs. 34.01 crore, subject to shareholder approval at the AGM on July 21, 2026. Statutory auditors B S R & Co. LLP issued an unmodified (clean) audit opinion. The company also appointed Mr. K.N. Vaidyanathan (EVP & Group Chief Internal Auditor of Mahindra Group) as Internal Auditor for FY2026-27, replacing M/s S. Tandon & Associates LLP.

Likely market impact

The 31% PAT growth and clean audit opinion signal strong operational performance. The dividend payout of Rs. 23.50 per share demonstrates management confidence. No going concern or audit qualification issues, making this a positive update for investors.