TickerKhojComparison · NSE · data 2026-11-02
Mahindra & Mahindra Ltd. vs Maruti Suzuki India Limited
In plain words
Size: Maruti Suzuki India Limited is about 1 times the market value of Mahindra & Mahindra Ltd..
Valuation (P/E): Maruti Suzuki India Limited 27.4 vs Mahindra & Mahindra Ltd. 17.5.
Return on equity: Mahindra & Mahindra Ltd. 20.1% vs Maruti Suzuki India Limited 14.4%.
Profit growth over 3 years: Maruti Suzuki India Limited 21.1% a year vs Mahindra & Mahindra Ltd. 18.5% a year.
Debt to equity: Mahindra & Mahindra Ltd. 1.47 vs Maruti Suzuki India Limited 0.
Differences in the numbers, not a recommendation of either stock.
Side by side
| M&M | MARUTI | |
|---|---|---|
| Price | ₹2,881 | ₹11,734 |
| Market cap | ₹3,53,660 cr | ₹3,58,828 cr |
| P/E | 17.5 | 27.4 |
| P/B | — | 3.4 |
| ROE | 20.1% | 14.4% |
| ROCE | 14.2% | 13.6% |
| Debt / equity | 1.47 | 0 |
| Operating margin | 15.1% | 6.5% |
| Dividend yield | 1.16% | 1.23% |
| Sales growth, 3 years (yearly) | 17.4% | 15.6% |
| Profit growth, 3 years (yearly) | 18.5% | 21.1% |
| 1-year return | -18.1% | -27.6% |
| Revenue, last 12 months | ₹2,10,635 cr | ₹2,08,192 cr |
| Net profit, last 12 months | ₹18,470 cr | ₹13,451 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹5,455 cr | ₹2,466 cr |
| Quarter profit vs a year earlier | +33.6% | -26.4% |
| Promoter holding | 18.39% | 58.72% |
| Health check | Strong (6.8/10) | Average (5.5/10) |
Common questions
Which has a higher P/E, Mahindra & Mahindra Ltd. or Maruti Suzuki India Limited?
Maruti Suzuki India Limited trades at the higher P/E (27.4 against 17.5). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Mahindra & Mahindra Ltd. (20.1% against 14.4%).
Which carries more debt?
Mahindra & Mahindra Ltd. has the higher debt-to-equity ratio (1.47 against 0).