Mahindra & Mahindra Limited
M%26M · Auto OEM · NSE
₹2,990
Current Market Price
Fair Value (DCF)
₹3,181
Discount to FV
+6.4%
Updated 13m ago
YieldIQ Score
60/100
Piotroski F-Score
5/9
Economic Moat
Moderate
Confidence
16%
ROE
18.4%
Debt/Equity
1.44
WACC
9.8%
Market Cap
₹3.59 Lakh Cr
Quality & Valuation
Neutral model outputs — no recommendations.
ROCE
18.5%
Return on capital employed
EV / EBITDA
11.8×
Enterprise multiple
Debt / EBITDA
3.2×
Leverage vs earnings
Interest Coverage
3.6×
EBIT covers interest
Current Ratio
1.27×
Short-term liquidity
Asset Turnover
0.62×
Revenue per ₹ of assets
Revenue CAGR (3Y)
18.4%
3-year revenue growth
Revenue CAGR (5Y)
—
5-year revenue growth
DCF Scenario Analysis
vs CMP ₹2,990.1
Bear case
Discount -17.6%
Base case
Discount +6.0%
Bull case
Discount +21.7%
Ratio Trends
M%26M · last 5 annual periods
ROE
18.4%
ROCE
18.5%
Operating Margin
—
Debt / Equity
1.44×
PE
13.5×
EV / EBITDA
9.5×
Historical Financials
M%26M · Annual, last 5 years· amounts in ₹Cr unless noted
| Metric | 2022 yfinance | 2023 yfinance | 2024 yfinance | 2025 yfinance | 2026 yfinance | CAGR |
|---|---|---|---|---|---|---|
| Revenue | ₹88.4K Cr | ₹119.0K Cr | ₹135.8K Cr | ₹158.7K Cr | ₹197.8K Cr | +22.3% |
| EBITDA | ₹17.8K Cr | ₹24.1K Cr | ₹27.8K Cr | ₹34.2K Cr | ₹42.1K Cr | +24.0% |
| EBIT | ₹14.3K Cr | ₹19.8K Cr | ₹23.3K Cr | ₹27.9K Cr | — | +18.3% |
| PAT | ₹6577 Cr | ₹10.3K Cr | ₹11.3K Cr | ₹12.9K Cr | ₹17.1K Cr | +27.0% |
| EPS (diluted) | ₹58.83 | ₹91.96 | ₹100.70 | ₹115.06 | — | +18.3% |
| CFO | ₹9248 Cr | ₹-7074 Cr | ₹-5630 Cr | ₹3176 Cr | ₹11.7K Cr | +6.0% |
| CapEx | ₹-6040 Cr | ₹-6305 Cr | ₹-9946 Cr | ₹-10.4K Cr | ₹-9605 Cr | — |
| FCF | ₹3208 Cr | ₹-13.4K Cr | ₹-15.6K Cr | ₹-7216 Cr | ₹2052 Cr | -10.6% |
| Total Assets | ₹174.1K Cr | ₹205.9K Cr | ₹236.3K Cr | ₹277.6K Cr | ₹317.6K Cr | +16.2% |
| Total Debt | ₹77.6K Cr | ₹92.2K Cr | ₹106.6K Cr | ₹124.9K Cr | ₹134.0K Cr | +14.6% |
| Shareholders' Equity | ₹47.1K Cr | ₹56.4K Cr | ₹66.2K Cr | ₹77.0K Cr | ₹93.1K Cr | +18.6% |
CAGR computed across the visible window. Signs reverse if start value is zero or negative.
Peer Comparison
M%26M vs 5 closest peers by market-cap band
| Peer | MoS | Score | Verdict | ROE | PE |
|---|---|---|---|---|---|
 MARUTI Maruti Suzuki India | -31.2% | 50 | Above Fair Value | 13.7% | 26.4× |
 BAJAJ-AUTO Bajaj Auto Limited | -40.3% | 50 | Above Fair Value | 27.7% | 22.8× |
 EICHERMOT Eicher Motors Limited | -34.5% | 50 | Above Fair Value | 22.0% | 32.8× |
 TVSMOTOR TVS Motor Company Limited | -78.8% | 38 | Data Limited | 31.6% | — |
TMCV TMCV | — | — | Pending | 18.7% | — |
Click a ticker to view its fair-value analysis.
Dividend History
10 ex-dividend events on file. Source: NSE corporate-actions feed.
Total paid (5Y)
₹82.95/sh
Last payout
2025-07-04
₹25.30
Peak payout
₹25.30
Trailing yield
0.85%
Amounts parsed from NSE subject lines. Percent-of-face-value declarations are converted using the per-ticker face value (defaults to ₹10).
AI Analysis Summary
Model-generated description of metrics. Not investment advice. Mahindra & Mahindra Limited (M&M.NS) trades at 2990.10 vs a model fair value of 3181.47, a gap of 6.4%. Piotroski F-score: 5/9. Moat labe...
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Market-implied growth
What FCF growth is priced in →
Risk Analysis
Volatility & drawdown
Risk profile of M%26M →
DuPont
ROE decomposition
Why ROE is what it is →
Technicals
RSI, MACD, MAs
Reference indicators →
News & Filings
Recent activity
BSE filings + news for M%26M →
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Analyse M%26MNow →Model estimates using publicly available data. Not investment advice. YieldIQ is not registered with SEBI as an investment adviser or research analyst. Past performance does not guarantee future results.