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Mahindra & Mahindra Limited M&M.NS
IN · National Stock Exchange of India · XNSE · stock · Consumer Cyclical · website
Mahindra & Mahindra Limited financials (annual, from 10-K)
Bars are annual figures from 2023 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue | ₹1.98T | ₹1.59T | ₹1.36T | ₹1.19T |
| Gross profit | ₹748.7B | ₹630.1B | ₹516.0B | ₹443.9B |
| SG&A expense | — | ₹98.0B | ₹88.2B | ₹75.8B |
| Operating income | ₹293.9B | ₹240.1B | ₹196.1B | ₹159.9B |
| Interest expense | ₹95.9B | ₹90.8B | ₹73.3B | ₹57.0B |
| Income tax | ₹65.6B | ₹50.1B | ₹37.1B | ₹26.9B |
| Net income | ₹171.0B | ₹129.3B | ₹112.7B | ₹102.8B |
| EPS (diluted) | — | ₹115.06 | ₹100.70 | ₹91.96 |
| Operating cash flow | ₹116.6B | ₹31.8B | -₹56.3B | -₹70.7B |
| Free cash flow | ₹20.5B | -₹72.2B | -₹155.8B | -₹133.8B |
| Cash & equivalents | ₹42.9B | ₹49.2B | ₹45.3B | ₹34.9B |
| Inventory | ₹220.4B | ₹203.3B | ₹185.9B | ₹168.5B |
| Total assets | ₹3.18T | ₹2.78T | ₹2.36T | ₹2.06T |
| Total liabilities | ₹2.08T | ₹1.88T | ₹1.59T | ₹1.39T |
| Shareholders' equity | ₹931.0B | ₹770.4B | ₹661.9B | ₹563.7B |
Growth · year-over-year · Revenue CAGR 18.4%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Revenue growth | +24.6% | +16.9% | +14.1% | — |
| Net income growth | +32.3% | +14.7% | +9.6% | — |
| EPS growth | — | +14.3% | +9.5% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: company filings via Yahoo Finance · IN · as of 2026-03-31. Figures in INR; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.