SML Mahindra Ltd. (SMLMAH) fundamentals

SML Mahindra Ltd. is a listed company in Agricultural Commercial & Construction Vehicles, part of the Capital Goods sector, listed on the NSE as SMLMAH (ISIN INE294B01019). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What SML Mahindra Ltd. does

SML Mahindra Limited, formerly SML Isuzu Limited, is an India-based company, which is engaged in the business of manufacturing and sale of commercial vehicles and their parts. The Company's product categories include buses, trucks, and special applications vehicles. Its bus portfolio includes S7 School Bus, Executive LX School Bus, Hiroi School Bus, SML School Bus, Ecomax School Bus, S7 Bus, and Executive LX. Its truck portfolio includes Sartaj 5252 Diesel, Sartaj GS 59 Diesel, Sartaj HG 72 Diesel, Super Tipper, Supreme GS, Prestige Diesel, Sartaj 5252 CNG, Sartaj GS 59 CNG, Prestige CNG, Supreme Metro, and others. Its special application vehicles include Police Van, Police Van 4WD, Service Van, Ambulance, Garbage Collector, Prison Van, Vajra Van, Close Container, Water Tanker, Water Tanker 4WD, Dog Van, and others. It serves various industries, including fleet owners, educational institutions, offices, transporters, Government agencies, and others.

Valuation and market data

Last close₹6278.00
Market capitalisation₹9,085 crore
Enterprise value₹9,168 crore
P/E (TTM)56.87
Price to book17.49
Price to sales (TTM)1.86
Book value per share₹358.88
Dividend yield37.43%
SectorCapital Goods
IndustryAgricultural Commercial & Construction Vehicles
Listed sinceFri Aug 29

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹2,846 crore₹214 crore₹160 crore110.39
Mar 2025₹2,405 crore₹162 crore₹122 crore84.08
Mar 2024₹2,201 crore₹106 crore₹108 crore74.54
Mar 2023₹1,825 crore₹17 crore₹20 crore13.71

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters59.0%
Foreign institutions (FII)1.2%
Mutual funds0.8%
Other domestic institutions1.6%
Retail and others37.4%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.