SM
SML Mahindra Ltd (SMLMAH)
₹6,378.50
Mkt cap
₹9,114 Cr
P/E ratio
58.30
P/B
17.77
Div yield
0.37%
ROE
35.40%
ROCE
30.90%
EPS (TTM)
₹109.41
Book value
₹359
52W range
2,765–6,379
Sector
Industrials
Price history
Previous close
SML ISUZU LIMITED was incorporated as Swaraj Vehicles Ltd in 1983 and was promoted by Punjab Tractors Ltd with technical collaboration Mazda Motor Corporation, Japan, and Sumitomo Corporation, Japan. In 2004, the technical collaboration agreement with Mazda expired 2004 and sold its entire stake to Sumitomo Corporation and in the same time, it signed a technical assistance agreement with Isuzu Motors. In 2011, it was renamed as SML ISUZU and Sumitomo Corporation(Japan) and Isuzu Motors(Japan) own 44% and 15% stake, respectively [1]
NSE SMLMAHBSE 505192
Health check
Constructive
ValuationExpensive
ProfitabilityStrong
GrowthModerate
TechnicalsBullish
52-week range
0.00% from high₹6,379
₹2,765+130.66% from low₹6,379
Current
₹6,378.50
Prev close
₹6,298.50
Day
+1.27%
Price performance
1D
+1.27%
1W
+24.87%
1M
+14.85%
3M
+68.32%
6M
+47.42%
1Y
+56.08%
YTD
+56.11%
Financials
Revenue, profit & margin
P/E ratio
58.3×
SMLMAH is 118% above the sector median of 26.7×
SMLMAH58.3×
Sector median26.7×
| 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 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 632 | 499 | 386 | 680 | 746 | 550 | 332 | 771 | 846 | 555 | 539 | 898 | 958 | |
| Expenses | 585 | 459 | 364 | 608 | 665 | 505 | 313 | 681 | 741 | 513 | 498 | 807 | 857 | |
| Operating Profit | 47 | 39 | 22 | 71 | 81 | 45 | 18 | 90 | 105 | 42 | 41 | 90 | 100 | |
| OPM % | 7% | 8% | 6% | 10% | 11% | 8% | 6% | 12% | 12% | 8% | 8% | 10% | 10% | |
| Other Income | 2 | 0 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 1 | |
| Interest | 5 | 7 | 8 | 11 | 8 | 6 | 7 | 9 | 5 | 3 | 6 | 7 | 3 | |
| Depreciation | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 13 | 13 | 13 | 13 | |
| Profit before tax | 32 | 21 | 3 | 50 | 62 | 29 | 1 | 71 | 90 | 28 | 24 | 73 | 85 | |
| Tax % | 1% | 0% | 6% | -4% | 25% | 24% | 29% | 26% | 25% | 26% | 25% | 25% | 25% | |
| Net Profit | 32 | 21 | 3 | 52 | 46 | 22 | 1 | 53 | 67 | 21 | 18 | 54 | 64 | |
| EPS in Rs | 21.97 | 14.57 | 1.85 | 36.15 | 32.06 | 15.06 | 0.37 | 36.59 | 46.27 | 14.55 | 12.12 | 37.45 | 43.96 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
No reaction history yet.
No quarterly filings ingested yet.
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Jun 202658.97%Promoter
Promoters58.97%
FIIs1.24%0.47
DIIs2.43%0.87
Public37.35%1.36
Ownership trend
Peers
4 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| TMCV | ₹458.20 | 22.72 | 1,68,741 | 0.87% | 2,556 | +87.00% | 20,667 | +19.30% | 35.90% |
| ASHOKLEY | ₹169.00 | 26.66 | 99,268 | 2.07% | 668 | +0.78% | 13,070 | +11.62% | 13.63% |
| SMLMAH | ₹6,298.50 | 58.27 | 9,114 | 0.37% | 64 | −4.99% | 958 | +13.20% | 30.90% |
| ATULAUTO | ₹465.15 | 26.75 | 1,291 | 0.64% | 8 | +168.81% | 218 | +42.97% | 11.32% |
| Median: 4 Co. | ₹461.67 | 26.70 | 54,191 | 0.76% | 366 | +43.89% | 7,014 | +16.25% | 22.27% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013nseAnnual Report 2013bse
Concall transcripts17
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Monthly Business Updates 1 Sep - August 2026 sales rose 40% to 1,175 units; April-August sales increased 14% to 8,216 units.Additional Information To The Shareholders - Dissemination Of Business Valuation Report And Fairness Opinion Referred To In The Postal Ballot Notice Dated 7Th August 2026 25 AugAnnouncement under Regulation 30 (LODR)-Newspaper Publication 8 Aug - Newspaper Advertisement - Notice of Postal Ballot and other related informationAnnouncement under Regulation 30 (LODR)-Monthly Business Updates 8 Aug - July 2026 commercial vehicles: production 1,458, sales 1,521, exports 82.Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 7 Aug