Mahindra & Mahindra (M&M) Stock Price, Fundamentals & Analysis

Mahindra & Mahindra (M&M) is a Mumbai-headquartered Indian company that provides mobility products and farm solutions in India and internationally. Founded in 1945, it operates through Automotive, Farm Equipment, Auto Investments, Farm Investments, and Investments in Industrial Businesses and Consumer Services segments. The Automotive segment covers automobiles, two wheelers, spares and construction equipment, while the Farm Equipment segment sells tractors, implements and related services. The stock trades on the National Stock Exchange of India, alongside peers such as Maruti Suzuki (MARUTI), Tata Motors Passenger Vehicles (TMPV) and Eicher Motors (EICHERMOT), and is classified in the Consumer Cyclical sector under Auto Manufacturers.

What M&M does

Mahindra & Mahindra builds and sells vehicles and farm machinery. Its core businesses are passenger and commercial automobiles, two wheelers, and tractors with associated implements and spare parts. Beyond manufacturing, the company holds investments in automotive- and farm-related subsidiaries, associates and joint ventures, which are tracked through its investment segments. With 26,765 employees, it is one of the long-established names in Indian manufacturing, listed among National Stock Exchange of India stocks.

Key numbers explained

• Price of 3,035 INR with a +1.75% move today; over the past 52 weeks the shares ranged from 2,896 to 3,839.9 and declined -12.7% from a year ago.
• Market capitalization of 3.64T INR — the total market value of all shares — places M&M among India's larger listed companies.
• The trailing P/E ratio of 18.5 means the share price equals about 18.5 years of current earnings; the forward P/E of 19.3 is based on expected earnings.
• Earnings per share over the trailing 12 months were 164.19 INR, with a profit margin of 8.6% and an operating margin of 17%.
• Revenue of 2.15T INR grew 27.5% year over year, a pace worth noting for a company of this size.
• The dividend yield is 1.09%, with 20% of earnings paid out as dividends; the ex-dividend date is Jul 3, 2026.
• A beta of 0.28 suggests the share price has historically moved much less than the overall market.
• Price-to-book of 3.64 and a debt-to-equity ratio of 125.3% describe how the share price compares to book value and how much debt is used relative to equity.

What to watch

As a Consumer Cyclical / Auto Manufacturers company, M&M's results tend to follow vehicle demand, rural and farm sentiment (relevant to its tractor business), input costs and financing conditions. The next earnings date is Nov 4, 2026, a typical moment when revenue and margin trends are updated. Sector-wide comparisons with peers like Bajaj Auto (BAJAJ-AUTO) and consumer names such as Titan Company (TITAN) or Trent (TRENT) can provide context on how Indian consumer-facing companies are performing generally.