Sign in and upgrade to a paid plan to export financials as CSV.

SML Mahindra Limited

Capital Goods · Agricultural, Commercial & Construction Vehicles

NSE: SMLMAH BSE: 505192
₹6578.00
▼ -38.50 (-0.58%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
75/100
Strong
Valuation
—/100
Expensive
Momentum
53/100
Neutral

QVM read Quality business Quality Strong, Valuation Expensive, Momentum Neutral

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

SML Mahindra Limited is a commercial vehicle manufacturer established in 1983. The company produces and sells buses, ambulances and customized vehicles. Since 2025, it has been controlled by Mahindra & Mahindra.

Source: Wikipedia

Key Metrics

Market Capitalization
₹9,519 Cr
PE (TTM)
60.9
Industry median 30.4 (12 companies)
Price to Book
18.3
PEG (TTM)
6.1
Institutions holding %
3.67%
FII + DII, latest filed period
Piotroski Score
7
Relative return vs Nifty50, qtr %
89.8
Relative return vs Sector, qtr %
69.7
Free Cash Flow
₹86 Cr
as of March 31, 2026
Industry median ₹2 Cr (15 companies)
EPS Growth (YoY)
-4.99%
as of June 30, 2026
Industry median 7.21% (12 companies)
Net Profit Growth (TTM)
9.96%
as of June 30, 2026
Industry median 6.76% (10 companies)
Operating Revenue Growth (TTM)
18.04%
as of June 30, 2026
Industry median 12.78% (11 companies)
Profit Growth (YoY)
-4.99%
as of June 30, 2026
Industry median 5.16% (13 companies)
Revenue Growth (YoY)
13.20%
as of June 30, 2026
Industry median 17.44% (12 companies)
Current Ratio
1.25
as of March 31, 2026
Industry median 2.01 (15 companies)
Debt to Equity
0.54
as of March 31, 2026
Industry median 0.28 (14 companies)
Interest Coverage
12.40
as of June 30, 2026
Industry median 12.37 (14 companies)
Net Margin
6.64%
as of June 30, 2026
Industry median 7.38% (14 companies)
Operating Margin (EBIT)
9.19%
as of June 30, 2026
Industry median 9.12% (14 companies)
Operating Margin (TTM)
7.73%
as of June 30, 2026
Industry median 9.22% (14 companies)
Return on Assets
11.44%
as of March 31, 2026
Industry median 5.62% (13 companies)
Return on Capital Employed
38.66%
as of March 31, 2026
Industry median 12.53% (13 companies)
Return on Equity
30.76%
as of March 31, 2026
Industry median 9.57% (13 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

5 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • Yes Revenue is higher than a year earlier in each of the last 4 quarters
  • Yes Quality score is Strong (70 or more)
  • Yes Piotroski F-score is 7 or more (score 7)
  • No Debt to equity is below 0.5 (0.54)
  • Yes Return on equity is 15% or more (30.8%)
  • Yes Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

4 of 4 met
  • Yes FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)
  • Yes Insiders have not sold in the past 3 months (no open-market sale filed in the last 3 months)

Peer comparison

1 of 3 met
  • Yes 1-year return beats the industry median
  • No Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

1 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Overvalued (above its own historical PE range))
  • No Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • Yes Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-0.6%
Low 6468.0000 · High 6709.5000
1W return
-3.2%
Low 6468.0000 · High 6889.5000
1M return
28.8%
Low 5169.0000 · High 6898.5000
52W return
109.6%
Low 2719.0000 · High 6898.5000
Lifetime High ₹6825.5000 (Sept. 25, 2026)
Lifetime Low ₹221.4500 (Nov. 14, 2013)

Full price history and technicals →

EMA & SMA

Bullish5
Bearish1
5D
6601.5
10D
6534.4
20D
6306.6
50D
5689.6
100D
5120.0
200D
4407.7

Delivery and volume

Day avg. delivery
48.4%
Week avg. delivery
43.0%
Month avg. delivery
34.0%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

6585.17
Pivot
First resistance6702.33
Second resistance6826.67
Third resistance6943.83
First support6460.83
Second support6343.67
Third support6219.33
Day RSI59.2
Day MFI54.2
Day MACD327.51
Day MACD signal350.55

Beta

1M2.57
3M1.86
1Y1.56
3Y1.28

Price change analysis

↑ 28.8%
Over 1 Month
LowHigh
5169.006898.50
↑ 66.1%
Over 3 Months
LowHigh
3766.006898.50
↑ 65.7%
Over 6 Months
LowHigh
3430.006898.50
↑ 109.6%
Over 1 Year
LowHigh
2719.006898.50
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 60.9 (own history: 16.8–37.9)
Overvalued (above its own historical PE range)
Revenue (June 30, 2026)
₹958 Cr
Net profit (June 30, 2026)
₹64 Cr
Basic EPS (June 30, 2026)
₹43.9600

Ranks #6 of 14 in Agricultural, Commercial & Construction Vehicles by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter58.97%
  • Mutual funds0.79%
  • FII/FPI1.24%
  • Other DII1.64%
  • Public37.36%

Largest holders

NameCategoryShares %Shares
MAHINDRA & MAHINDRA LIMITEDPromoter58.9700%8533726
SACHIN BANSAL (PARTNER OF SPV ENTERPRISES)Public4.1300%597152
SACHIN BANSAL (PARTNER OF NAVODAYA ENTERPRISES)Public2.7500%397939
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSPublic1.9200%277955
VANAJA SUNDAR IYERPublic1.8700%270054

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 58.97% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings increased from 0.77% to 1.24% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings increased from 0.12% to 0.79% in Jun 2026 qtr

6 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 4 insider trades, 3 SAST, 0 pledge events →

Latest insider trades

FiledPersonCategoryTypeQuantityValue
30 Aug 2025 Mahindra & Mahindra Limited Promoter Buy 0 ₹0
4 Aug 2025 Sumitomo Corporation Promoter Sell 0 ₹0
10 Apr 2018 SURENDER KUMAR TUTEJA Director Buy 0 ₹0
10 Apr 2018 ASHISH TUTEJA Immediate relative Sell 0 ₹0

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
18 Sep 2015 NATWEST BANK PLC AS TRUSTEE OF THE JUPITER INDIA FUND Bulk Buy 144,786 1125.0000 BSE
18 Sep 2015 AXIS MUTUAL FUND Bulk Sell 210,406 1125.1100 BSE
22 May 2014 ANTIQUE SECTRADE PRIVATE LIMITED Bulk Sell 77,347 437.8600 BSE
19 Apr 2012 AXIS MUTUAL FUND a/c EQUITY FUND Bulk Buy 150,000 410.0000 BSE
19 Apr 2012 ANTIQUE STOCK BROKING LTD. Bulk Buy 222,802 410.0000 BSE
19 Apr 2012 ACTIS AGRIBUSINESS LIMITED Bulk Sell 811,258 410.0000 BSE
19 Apr 2012 CDC FINANCIAL SERVICES (MAURITIUS) LIMITED Bulk Sell 972,983 410.0100 BSE
19 Apr 2012 RELIANCE LIFE INSURANCE COMPANY LIMITED Bulk Buy 1,000,000 410.0000 BSE
5 Jan 2005 UTI INDIA FUND Bulk Sell 97,392 378.0000 BSE
5 Jan 2005 ILFS LTD Bulk Sell 192,583 378.0000 BSE

All bulk and block deals →

Last 12 months ₹23.50 per share
Dividend yield 0.36%
Ex-dateSubjectPer share (₹)Record date
3 Jul 2026 Dividend - Rs 23.50 Per Share 23.5000 3 Jul 2026
9 Jul 2025 Dividend - Rs 18 Per Share 18.0000 9 Jul 2025
6 Sep 2024 Dividend - Rs 16 Per Share 16.0000 6 Sep 2024
19 Sep 2019 Annual General Meeting/Dividend - Rs 3 Per Share 3.0000 —
1 Aug 2018 Annual General Meeting / Dividend- Rs 1.50 Per Share 1.5000 —
14 Sep 2017 Annual General Meeting/Dividend - Rs 8/- Per Share 8.0000 —
28 Jul 2016 Annual General Meeting /Dividend - Rs 8/- Per Share 8.0000 —
27 Aug 2015 Dividend - Rs 6/- Per Share 6.0000 —
27 Aug 2014 Annual General Meeting / Dividend - Rs 3/- Per Share 3.0000 —
29 Aug 2013 Annual General Meeting And Dividend Rs.8/- Per Share 8.0000 —

Corporate Actions

Full history (26 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
—NAME_CHANGEName changed from SML ISUZU LIMITED to SML Mahindra Limited
—NAME_CHANGEName changed from SWARAJ MAZDA LTD. to SML ISUZU LIMITED
6 Sep 2024OTHERAnnual General Meeting
8 Sep 2023OTHERAnnual General Meeting
12 Sep 2022OTHERAnnual General Meeting

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
20 Jul 2026 Financial Results Yes
20 Apr 2026 Financial Results/Dividend Yes
16 Jan 2026 Financial Results Yes
18 Oct 2025 Financial Results Yes
22 Jul 2025 Financial Results Yes

Corporate Announcements

All 951 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
1 Oct 2026 Company Update SML Mahindra Ltd - 505192 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
1 Oct 2026 Monthly Business Updates SML Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of September 2026
29 Sep 2026 Trading Window SML Mahindra Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
29 Sep 2026 Insider Trading / SAST SML Mahindra Ltd - 505192 - Closure of Trading Window
29 Sep 2026 Board Meeting SML Mahindra Ltd - 505192 - Board Meeting Intimation for Consideration & Approval Of Unaudited Financial Results Of The Company For The Second Quarter And Half Year Ending On 30Th September, 2026 (FY 2026-27)
9 Sep 2026 Company Update SML Mahindra Ltd - 505192 - Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Sep 2026 Copy of Newspaper Publication SML Mahindra Limited has informed the Exchange about Newspaper Advertisements- Special window for re-lodgement of transfer request of physical shares
8 Sep 2026 Company Update SML Mahindra Ltd - 505192 - Announcement under Regulation 30 (LODR)-Monthly Business Updates
8 Sep 2026 Monthly Business Updates SML Mahindra Limited has informed the Exchange regarding Monthly Business Updates for the month of August 2026
7 Sep 2026 Shareholders meeting SML Mahindra Limited has informed the Voting Results in respect of the Postal Ballot along with Srutinizers report.

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • High Return on Equity (30.8%)
  • Comfortable interest coverage (12.4x)

Weaknesses

  • Declining profit YoY (-5.0%)

Opportunities

Data unavailable.

Threats

  • PE above 35 (60.9) -- priced for continued strong execution

Data unavailable (no single-stock futures or options activity on record for this company).

Frequently asked questions about SML Mahindra Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.