SM
SML Mahindra Ltd (SMLMAH)
₹3,844.40
Mkt cap
₹5,563 Cr
P/E ratio
35.60
P/B
10.71
Div yield
0.61%
ROE
35.40%
ROCE
30.90%
EPS (TTM)
₹107.99
Book value
₹359
52W range
2,765–5,133
Sector
Industrials
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]
Health check
Constructive
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsNeutral
52-week range
−25.11% from high₹3,844
₹2,765+39.02% from low₹5,133
Current
₹3,844.40
Prev close
₹3,849.90
Day
−0.14%
Price performance
1D
−0.14%
1W
−3.54%
1M
−6.07%
3M
−1.12%
6M
−3.31%
1Y
+15.21%
YTD
−5.91%
Financials
FRevenue, profit & margin
P/E ratio
35.6×
SMLMAH is 8% above the sector median of 33.0×
SMLMAH35.6×
Sector median33.0×
| 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
EResults 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
CLast 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
Sas of Jun 202658.97%Promoter
Promoters58.97%
FIIs1.24%0.47
DIIs2.43%0.87
Public37.35%1.36
Ownership trend
Peers
P4 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 |
|---|---|---|---|---|---|---|---|---|---|
| Tata Motors | ₹406.15 | 37.79 | 1,49,573 | 0.98% | 1,793 | +34.91% | 26,098 | +19.37% | 35.90% |
| Ashok Leyland | ₹151.07 | 24.44 | 88,736 | 2.32% | 1,381 | +9.51% | 17,246 | +17.36% | 13.63% |
| SML Mahindra | ₹3,844.40 | 35.57 | 5,563 | 0.61% | 64 | −4.99% | 958 | +13.20% | 30.90% |
| Atul Auto | ₹473.40 | 30.39 | 1,314 | 0.00% | 18 | +106.85% | 241 | +13.94% | 11.38% |
| Median: 4 Co. | ₹439.77 | 32.98 | 47,150 | 0.79% | 722 | +22.21% | 9,102 | +15.65% | 22.27% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013nseFinancial Year 2013bse
Concall transcripts16
Credit ratings6
Announcements5
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 2dShareholder Meeting / Postal Ballot-Outcome of AGM 21 Jul - SML Mahindra held its 42nd AGM on 21 July 2026; final dividend of Rs 23.50 per share proposed.Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Jul - Newspaper Advertisements - Unaudited Financial Results for the first quarter ended on 30th June, 2026Revised PDF File Of Chairman''s Presentation At The 42Nd Annual General Meeting 21 Jul - Revised Chairman’s presentation at 42nd AGM; FY26 revenue 2,838 Cr, PAT 160 Cr, and growth strategy shared.Chairman'S Presentation At The 42Nd Annual General Meeting 21 Jul - Chairman’s AGM presentation covers F26 results, Q1 FY27 highlights, and long-term truck-bus growth strategy.