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Automobiles · Motor Vehicles · NSE: SMLMAH · data 2026-11-01

SML Mahindra Limited

₹4,724.5-2.55% on 30 OctHealth: Average 6/10
Feb 2026Low ₹3,502.6 · High ₹6,825.5+26.6%

In plain words

Price: 31.5% below its 52-week high of ₹6,898.5.

Delivery: 44.1% of traded shares were kept for delivery over the last 10 sessions, against 39.5% over the last 60.

Latest results: a net profit of ₹12 cr for the quarter ended Sept 2026 (-44.4% on the same quarter a year earlier).

A description of the data, not a recommendation.

Open full analysis — chart, results, balance sheet, red flags →

Key figures

Price
₹4,724.5
Market cap
₹6,828 cr
P/E
46.5
P/B
12.2
ROE
35.4%
ROCE
38.7%
Debt / equity
0.56
Dividend yield
0.50%
1-year return
55.2%
52-week high
₹6,898.5
52-week low
₹2,749
Operating margin
6.7%

Growth

Revenue (last 12 months)₹3,064 cr
Net profit (last 12 months)₹147 cr
Sales growth, 3 years (yearly)15.9%
Profit growth, 3 years (yearly)100.4%

At a glance

Ownership
Strong

Promoters 59.0% (unchanged in a year), pledged 0.0%, institutions 6.4%.

Valuation
High

P/E 46.5, P/B 12.2, dividend yield 0.5%. Price relative to earnings and book value (low is cheaper, not better).

Efficiency
Strong

ROE 35.4%, ROCE 38.7%, operating margin 6.7%: how much profit it earns on the money it uses.

Financials
Moderate

Debt/equity 0.56, Profit growth 100.4% and sales growth 15.9% a year over 3 years.

Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.

Strengths and limitations

Strengths
  • High return on equity (35.4%).
  • Profit grew 100.4% a year over 3 years.
Limitations

None flagged by these rules.

Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.

Latest results in brief (Q2 FY27)

SMLMAH Q2 FY27 results (standalone figures, as filed on NSE).

Revenue was ₹669.79 crore, up 20.7% YoY and down 30.1% QoQ.

Net profit was ₹11.7 crore, down 44.4% YoY and down 81.6% QoQ.

Operating margin was 4.3% (7.6% a year ago).

EPS was ₹8.09, down 44.4% YoY and down 81.6% QoQ.

SMLMAH के Q2 FY27 नतीजे (स्टैंडअलोन आंकड़े, NSE पर दाखिल)।

राजस्व: ₹669.79 करोड़; पिछले साल की तुलना में 20.7% की बढ़त, पिछली तिमाही की तुलना में 30.1% की गिरावट।

शुद्ध मुनाफ़ा: ₹11.7 करोड़; पिछले साल की तुलना में 44.4% की गिरावट, पिछली तिमाही की तुलना में 81.6% की गिरावट।

ऑपरेटिंग मार्जिन: 4.3% (एक साल पहले 7.6%)।

EPS: ₹8.09; पिछले साल की तुलना में 44.4% की गिरावट, पिछली तिमाही की तुलना में 81.6% की गिरावट।

SMLMAHના Q2 FY27 પરિણામો (સ્ટેન્ડઅલોન આંકડા, NSE પર ફાઇલ કરેલા).

આવક (રેવન્યુ): ₹669.79 કરોડ; ગયા વર્ષની સરખામણીએ 20.7% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 30.1% ઘટાડો.

ચોખ્ખો નફો: ₹11.7 કરોડ; ગયા વર્ષની સરખામણીએ 44.4% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 81.6% ઘટાડો.

ઓપરેટિંગ માર્જિન: 4.3% (એક વર્ષ પહેલાં 7.6%).

EPS: ₹8.09; ગયા વર્ષની સરખામણીએ 44.4% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 81.6% ઘટાડો.

Written from the filed numbers. Not a recommendation.

Smart-money activity

16/100 · Weak over the last ~60 sessions, data 2026-10-30

A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.

Story so far

2026-07-20: Q1 FY27 results: profit −5.0% YoY2026-07-03: Dividend ₹23.5 (ex-date)2026-04-20: Q4 FY26 results: profit +2.4% YoY

● Results   ● Dividend

From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.

Quarterly results (standalone)

QuarterRevenueNet profitProfit YoYOp. marginEPS ₹
Sept 2026₹670 cr₹12 cr-44.4%4.3%8.09
Jun 2026₹958 cr₹64 cr-5.0%10.5%43.96
Mar 2026₹898 cr₹54 cr+2.4%10.1%37.46
Dec 2025₹539 cr₹18 cr+3209.4%7.6%12.11

Shareholding trend

HolderSept 2026Jun 2026Mar 2026Dec 2025
Promoters58.97%58.97%58.97%58.97%
Foreign institutions (FII)3.65%1.24%0.77%0.61%
Domestic institutions (DII)2.75%2.43%1.56%0.64%
Mutual funds1.68%0.79%0.12%0.00%
Retail investors15.60%17.34%16.49%15.45%
Number of shareholders38,44941,45739,06836,718

Common questions

What was SML Mahindra Limited's latest quarterly profit?

SML Mahindra Limited reported a net profit of ₹12 cr for the quarter ended Sept 2026 (-44.4% on the same quarter a year earlier), on revenue of ₹670 cr.

How much do promoters hold in SML Mahindra Limited?

Promoters held 58.97% of SML Mahindra Limited at the end of Sept 2026, with 0.00% of promoter shares pledged.

Is SML Mahindra Limited debt-free?

Its latest reported debt-to-equity ratio is 0.56.

What is SML Mahindra Limited's P/E ratio?

About 46.5, based on the last 12 months' earnings and a price of ₹4,724.5 (data 2026-11-01).

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

The 52-week high is ₹6,898.5 and the 52-week low is ₹2,749.

Compared with similar companies

CompanyPriceMarket capP/EP/BROEROCEDebt/eq.1-yr return
SML Mahindra Limited₹4,724.5₹6,828 cr46.512.235.4%38.7%0.56+55.2%
Force Motors Limited₹17,355₹22,887 cr19.14.933.5%30.8%0+4.2%
Ola Electric Mobility Limited₹33.18₹16,576 cr——-43.2%-28.1%0.82-34.3%
Olectra Greentech Limited₹951.1₹7,807 cr44—15.6%20.8%0.31-37.6%
Sandhar Technologies Ltd.₹445.95₹2,682 cr12.9—16.1%15%0.86-17.4%
Atul Auto Ltd₹406.35₹1,125 cr23.9—9.1%11%0.3-16.8%

Compare SMLMAH with FORCEMOT in detail →

The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.

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