Mahindra & Mahindra Share Price

For the full year,net profit rose 32.25% to Rs 17098.85 crore in the year ended March 2026 as against Rs 12929.10 crore during the previous year ended March 2025. Sales rose 24.59% to Rs 197792.78 crore in the year ended March 2026 as against Rs 158749.75 crore during the previous year ended March 2025.

Total income increased by 25.29% year on year to Rs 40,244.81 crore in the quarter ended 31 March 2026.

Profit before tax was at Rs 4,881.24 crore in Q4 FY26, up 45.92% from Rs 3,345.02 crore posted in Q4 FY25.

EBITDA grew by 31% to Rs 5,509 crore in Q4 FY26, compared with Rs 4,219 crore recorded in the similar quarter last year.

Total vehicle sales grew 21% to 3,06,508 units from 2,53,028 units in the corresponding quarter last year. The tractor segment delivered a strong performance, with sales rising 36% YoY to 1,19,811 units from 88,018 units in Q4 FY26.

On a consolidated basis, the company's net profit jumped 41.64% to Rs 4,667.57 crore in Q4 FY26 as against Rs 3,295.17 crore reported in Q4 FY25. Total income increased by 29.27% year on year to Rs 55,976.75 crore in the quarter ended 31 March 2026.

Profit before tax was at Rs 6,914.10 crore in Q4 FY26, up 49.43% from Rs 4,626.80 crore posted in Q4 FY25.

Mahindra & Mahindra delivered solid results across multiple businesses in F26 on the back of strong growth, execution and capital allocation discipline. Auto and Farm maintain market leadership in key segments with 27% revenue growth and profits up 25%. Financial services AUM grew at 12%. TechM secured key new deal wins across verticals and saw EBIT improvement of 290 bps. Growth Gems demonstrated strong momentum, delivering PAT growth of 50%.

Dr. Anish Shah, Group CEO & Managing Director, said, “FY26 has been a defining year marked by strong execution and breakthrough performance across several Group companies, despite geopolitical headwinds & several disruptions through the year. Auto & Farm further strengthened their leadership, supported by sustained customer demand for our differentiated products & operational discipline. TechM reported healthy traction in key new deal wins despite a challenging global environment. MMFSL pivoted to growth on the back of stable asset quality. Our Growth Gems have demonstrated significant momentum. The Group is well poised to accelerate in these uncertain times.”

Rajesh Jejurikar, Executive Director & CEO (Auto and Farm Sector), said, “In Q4’FY26, the SUV Revenue share increased by 60 bps YoY, retaining the No 1 position. M&M is now the 5th largest exporter for PV + CV in F26. Tractors gained 90 bps in Q4 YoY, with a full year market share of 43.6% gaining 30 bps. Tractors achieved highest ever billing of 5 lakh+ in FY26. The market gains have been achieved by delivering strong margin performance.”

Amarjyoti Barua, Group Chief Financial Officer, said, “Despite a challenging macro environment, the Group delivered strong performance in FY26, with PAT growth of over 30%, reflecting the underlying strength of our portfolio. Strong cash generation during the year has reinforced our balance sheet, providing flexibility to fund future growth initiatives in line with our strategic priorities. Reflecting this performance and our continued focus on long-term value creation, we are pleased to announce a dividend increase of 30%.”

The company has recommended a final dividend of Rs 33 (660%) per equity share of face value Rs 5 each for the financial year ended March 31, 2026.

M&M Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

Nalinikanth Gollagunta, CEO, Automotive Division, M&M said, “The year 2027 has begun on a positive note in April by achieving SUV sales of 56,331 units, a growth of 8% and total vehicle sales of 94,627 units, a 14% growth over the same month last year.”

Under Farm Equipment Business, the company tractor sales (domestic + exports) during April 2026 were at 48,411 units, up 20.86%, as against 40,054 units for the same period last year. Exports for the month stood at 2,007 units.

Domestic sales in April 2026 were at 46,404 units, as against 38,516 units in April 2025, reflecting a 20% year-on-year growth.

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra, said “We have sold 46,404 tractors in the domestic market during April 2026 registering a growth of 20% over last year. This strong performance was delivered despite the absence of Chaitra Navratri in April this year, unlike last year when April included seven Navratri days. In the export markets, we have sold 2,007 tractors, a growth of 30% over last year.”

Further, the company’s Trucks and Buses business (CV > 3.5T) for the month of April 2026 stood at 3011 vehicles, 11% YoY growth. This segment includes operations under Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML).

Mahindra & Mahindra (M&M) Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The company’s consolidated net profit jumped 47% to Rs 4674.64 crore on 24.4% increase in net sales to Rs 51579.95 crore in Q3 FY26 over Q3 FY25.

Nalinikanth Gollagunta, CEO, Automotive Division, M&M said, “The year 2027 has begun on a positive note in April by achieving SUV sales of 56,331 units, a growth of 8% and total vehicle sales of 94,627 units, a 14% growth over the same month last year.”

Under Farm Equipment Business, the company tractor sales (domestic + exports) during April 2026 were at 48,411 units, up 20.86%, as against 40,054 units for the same period last year. Exports for the month stood at 2,007 units.

Domestic sales in April 2026 were at 46,404 units, as against 38,516 units in April 2025, reflecting a 20% year-on-year growth.

Commenting on the performance, Veejay Nakra, President – Farm Equipment Business, Mahindra & Mahindra, said “We have sold 46,404 tractors in the domestic market during April 2026 registering a growth of 20% over last year. This strong performance was delivered despite the absence of Chaitra Navratri in April this year, unlike last year when April included seven Navratri days. In the export markets, we have sold 2,007 tractors, a growth of 30% over last year.”

Further, the company’s Trucks and Buses business (CV > 3.5T) for the month of April 2026 stood at 3011 vehicles, 11% YoY growth. This segment includes operations under Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML).

Mahindra & Mahindra (M&M) Group enjoys a leadership position in farm equipment, utility vehicles, information technology, and financial services in India. It is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.

The company’s consolidated net profit jumped 47% to Rs 4674.64 crore on 24.4% increase in net sales to Rs 51579.95 crore in Q3 FY26 over Q3 FY25.

The scrip declined 1.71% to end at Rs 3096.90 on Thursday, 30 April 2026.

TVS Motor Company Ltd fell 1.98% today to trade at Rs 3481.6. The BSE Auto index is down 1.23% to quote at 56845.34. The index is up 8.04 % over last one month. Among the other constituents of the index, Mahindra & Mahindra Ltd decreased 1.75% and Samvardhana Motherson International Ltd lost 1.38% on the day. The BSE Auto index went up 13.78 % over last one year compared to the 4.28% fall in benchmark SENSEX.

TVS Motor Company Ltd has added 3.44% over last one month compared to 8.04% gain in BSE Auto index and 6.76% rise in the SENSEX. On the BSE, 3174 shares were traded in the counter so far compared with average daily volumes of 57966 shares in the past one month. The stock hit a record high of Rs 3970 on 26 Feb 2026. The stock hit a 52-week low of Rs 2625.4 on 09 May 2025.