SMLISUZU

SML Mahindra Ltd.

NSE: SMLMAH

BSE: 505192

Sector: Capital Goods

Industry Group: Agricultural, Commercial & Construction Vehicles

Industry: Commercial Vehicles

5,213.50+9.5 (+0.18%)

25 Aug, 11:59 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

71.6 / 100

Value Score

24.4 / 100

Price Momentum Score

57.6 / 100

QVM Score

47.9 / 100

Key Metrics

Market Cap

7531.23

P/E (TTM)

48.15

P/B

14.50

P/S (TTM)

2.55

EV/EBITDA

28.57

CAPE (5Y)

92.65

ROE (TTM)

35.42

ROCE (TTM)

29.86

ROA (TTM)

11.85

Avg 3Y ROE

39.46

Earnings 3Y CAGR

46.97

Sales 3Y CAGR

14.73

Sales 5Y CAGR

34.80

Debt/Equity

0.56

Consensus TP

Strong Buy %

Promoter Holding

58.97

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of SML Mahindra Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

High and stable ROE

The company reported strong ROE of 35.42% for 12-month ended 30 Jun 2026 and ROE declined marginally by -100 bps from 1 year ago

What is ROE (FY)?

Low and declining Debt to Equity

The company has low Debt to Equity of 0.56 as on 30 Jun 2026 and Debt to Equity decreased by 0.29 in the last 1 year

What is Debt to Equity?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 48.15 indicates that the stock is expensive on a standalone basis and is at a 15.91% premium to industry median P/E

What is P/E Ratio?

Median: 41.54

Value 48.15

28.5863.57

Low but stable operating margin

The company reported low operating margin of 7.48% for 12-month ended 30 Jun 2026 and operating margin declined marginally by -92 bps from 1 year ago

What is Operating profit margin?

Low EPS growth and in line with median growth of industry

The company delivered low EPS growth of 9.96% for 12-month ended 30 Jun 2026 and the growth was 0.0 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.45%

What is Dividend yield?

Neutral

Moderate revenue growth and in line with median growth of industry

The company delivered moderate revenue growth of 18.04% for 12-month ended 30 Jun 2026 and the growth was 1.54 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 16.5

Value 18.04

-11.7320.21

Company's earnings are of moderate quality

Earnings quality score of 63.2 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

63.2 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for SML Mahindra Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

SML Mahindra Ltd. Shareholding Pattern

Quarterly breakdown of SML Mahindra Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	58.97	58.97	58.97	58.97
Indian Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58.97	58.97	58.97	58.97
Foreign Promoter	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	43.96	-	-	-	-
Institutions	5.84	5.23	4.88	4.65	4.62	4.22	2.89	2.62	2.64	1.65	1.76	16.69	16.68	15.11	15.28	15.43	15.81	15.39	15.40	15.32	15.28	16.02	2.43	1.25	2.33	3.67
Mutual Funds / UTI	1.10	1.11	1.00	1.00	1.00	1.00	0.99	0.99	0.93	-	-	-	-	-	-	-	-	-	0.05	-	-	-	0.18	-	0.12	0.79
FI/Bank/Insurance	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	4.39	3.77	3.53	3.36	3.33	2.90	1.61	1.62	1.70	1.64	1.76	16.69	16.68	15.11	15.28	15.43	15.81	15.32	15.35	15.32	15.24	15.73	1.80	0.61	0.77	1.24
Other Institutions	0.35	0.35	0.35	0.28	0.28	0.32	0.28	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07	0.00	0.00	0.04	0.29	0.45	0.64	1.44	1.64
Non-Institution	50.19	50.81	51.16	51.39	51.42	51.81	53.14	53.41	53.40	54.39	54.28	39.35	39.35	40.93	40.76	40.61	40.23	40.65	40.64	40.71	40.76	40.01	38.60	39.78	38.70	37.36
Bodies Corporate	3.71	4.05	3.14	3.24	3.35	3.25	2.94	2.47	2.29	2.32	2.10	2.26	1.92	2.26	1.91	1.72	1.42	1.36	1.12	1.11	1.15	1.25	1.34	1.36	1.40	1.55
Others (incl. Retail) No. of shareholders	46.48 32,455	46.76 33,591	48.02 35,447	48.15 32,981	48.07 32,471	48.56 32,907	50.20 31,964	50.94 28,978	51.11 30,056	52.07 28,798	52.18 27,273	37.09 26,554	37.43 25,461	38.67 23,896	38.85 24,669	38.89 24,838	38.81 25,270	39.29 27,150	39.52 29,243	39.60 29,222	39.61 29,695	38.76 28,489	37.26 37,095	38.42 36,444	37.30 38,753	35.81 41,146

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Microcap 250	0.36%	103 / 250
2	Nifty Total Market	0.02%	581 / 749

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in SML Mahindra Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Mahindra & Mahindra Limited Promoter	September-2025	Market Purchase (Acquisition) 1st Sep 2025	58.96 %	₹ 1,554.61	673.00	₹ 10.46 lac
Mahindra & Mahindra Limited Promoter	September-2025	Market Purchase (Acquisition) 1st Sep 2025	58.96 %	₹ 1,554.61	673.00	₹ 10.46 lac
Sumitomo Corporation Promoter	August-2025	Off Market (Disposal) 4th Aug 2025	43.96 %	₹ 650.00	63.62 lac	₹ 413.55 cr

Corporate Actions

History of SML Mahindra Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 23.50/share
Record date: 3rd Jul 2026Ex-date: 3rd Jul 2026
Announced on: 20th Apr 2026
Dividend₹ 18/share
Record date: 9th Jul 2025Ex-date: 9th Jul 2025
Announced on: 30th May 2025
Dividend₹ 16/share
Record date: 6th Sep 2024Ex-date: 6th Sep 2024
Announced on: 23rd May 2024
Dividend₹ 3/share
Record date: 20th Sep 2019Ex-date: 19th Sep 2019
Announced on: 28th May 2019
Dividend₹ 1.50/share
Record date: 2nd Aug 2018Ex-date: 1st Aug 2018
Announced on: 23rd May 2018

Company Profile

Overview of SML Mahindra Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

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 Companys product categories include buses, trucks, and special applications vehicles. Its bus portfolio includes S7 Scho...

Key personnel

Mr. Parvesh Madan

Compliance Officer, Company Secretary

Mr. Vinod Kumar SahayD

Executive Chairman of the Board

Ms. Mahima ChughD

Additional Non-Executive Non-Independent Director

Mr. Arun Kumar MalhotraD

Additional Non-Executive Independent Director

Ms. Smita Piyush MankadD

Additional Non-Executive Independent Director

Mr. Ravi VenkatramanD

Additional Non-Executive Independent Director

Mr. Chandra Shekhar VermaD

Non-Executive Independent Director

Mr. Chandra Shekhar VermaD

Non-Executive Independent Director

View all

Incorporated on

26 Jul 1983

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

1,063

IPO date

12 May 1995

Free Float

37,82,620

Website

https://smlmahindra.com/

Phone no.

+911722647700

Address

SCO:204-205, Sector 34-A, CHANDIGARH, 160022, India

Frequently Asked Questions

What is the current share price of SML Mahindra Ltd.?

The current share price of SML Mahindra Ltd. is ₹ 5,213.50 as of 25 Aug 2026.

What is the market capitalisation of SML Mahindra Ltd.?

The market capitalisation of SML Mahindra Ltd. stands at ₹ 7,531.23 Cr.

What is the PE ratio of SML Mahindra Ltd.?

The Price-to-Earnings (PE) ratio of SML Mahindra Ltd. is 48.15 as of the latest trailing twelve months data.

What is the ROE and ROCE of SML Mahindra Ltd.?

SML Mahindra Ltd. has a Return on Equity (ROE) of 35.42% and a Return on Capital Employed (ROCE) of 29.86% as per the latest financial reports.

What is the 52-week high and low of SML Mahindra Ltd.?

The 52-week high of SML Mahindra Ltd. is - and the 52-week low is -.

What is the dividend yield of SML Mahindra Ltd.?

The dividend yield of SML Mahindra Ltd. is 0.45% based on the current market price.

What is the FII and DII holding in SML Mahindra Ltd.?

Foreign Institutional Investors (FII) hold 1.24%, Domestic Institutional Investors (DII) hold 0.79% and retail/public investors hold 35.81% of SML Mahindra Ltd. shares.

What sector does SML Mahindra Ltd. belong to?

SML Mahindra Ltd. operates in the Capital Goods sector.

What is the beta of SML Mahindra Ltd.?

The beta of SML Mahindra Ltd. is 1.47, indicating its price volatility relative to the broader market. Over the past 1 year, SML Mahindra Ltd. has delivered an absolute return of 20.37%.

What is the RSI of SML Mahindra Ltd.?

The 14-day Relative Strength Index (RSI) of SML Mahindra Ltd. is 56.33, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

SML Mahindra Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

SML Mahindra Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile

Corporate Actions