Mahindra and Mahindra Ltd

Mahindra & Mahindra announced Production, Sales and Export figures of the Company for the month of May 2026. Particulars  May-26 May-25 %change  Production    1,01,141       91,502 11% Sales         97,653        81,961 19% Exports           5,112          3,692 38%

In the Utility Vehicles segment, Mahindra sold 58,021 vehicles in the domestic market, a growth of 11% on YoY basis. The domestic sales for Commercial Vehicles stood at 24,079, up 19% YoY. Total exports increased by 37% to 5,000 units in May 2026 from 3,646 units in May 2025. Nalinikanth Gollagunta, CEO, Automotive Division, M&M, said: 'The sustained demand across our portfolio continues, constrained by supply chain challenges due to manpower shortages at select suppliers.' M&M's Farm Equipment Business (FEB) has recorded domestic sales of 47,845 units in May 2026 as against 38,914 units in May 2025, reflecting a 23% year-on-year growth. Exports for the month stood at 1,850 units, up 7% YoY. Total tractor sales (domestic + exports) during May 2026 were at 49,695 units as against 40,643 units for the same period last year, up 22% YoY. Veejay Nakra, president, Farm Equipment Business, Mahindra & Mahindra, said: 'This high growth was driven by timely completion of Rabi harvesting 3.5T) business of Mahindra & Mahindra has reported total sales of 3,129 vehicles for May 2026, which is a YoY growth of 18%. Of this, Cargo Vehicle sales added up to 1,153 units (up 0.4% YoY) and that of Passenger Vehicles was 1,976 units (up 32% YoY). Mahindra's Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra (SML). Vinod Sahay, executive chairman ' SML, president ' Aerospace, Advanced Technologies, Trucks, Buses & CE, M&M, said: 'The CV industry continues to face near-term headwinds, driven by elevated input costs and higher diesel prices amid ongoing geopolitical uncertainties, putting pressure on fleet operators' profitability. The industry is showing signs of short to medium term moderation even though structural drivers such as infrastructure spending and replacement demand remain supportive for long term growth. We maintain an overall cautious outlook as cost pressures and macroeconomic uncertainties continue to weigh on industry sentiments currently.' 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 standalone net profit jumped 53.34% to Rs 3,737.27 crore in Q4 FY26 as against Rs 2,437.14 crore reported in Q4 FY25. Total income increased by 25.29% year on year to Rs 40,244.81 crore in the quarter ended 31 March 2026. The scrip fell 1.08% to currently trade at Rs 3002.15 on the BSE. Powered by Capital Market - Live

Mahindra and Manulife announced their partnership to create a life insurance business on 12 November 2025. Today, both companies have confirmed the incorporation of a 50:50 JV company as Mahindra Manulife Insurance (MMIL), following approval from the Ministry of Corporate Affairs. The incorporation of MMIL marks the next step in that journey. The venture brings together Mahindra's strong presence in India with Manulife's global expertise to build a simple, customer-first, AI-native and digitally led life insurer. By combining the extensive distribution reach of Mahindra with Manulife's strengths in product innovation, underwriting, and agency-led distribution, MMIL will focus on policyholder protection and offer holistic, need-based financial solutions. MMIL aims to address India's large protection gap through a range of long-term savings and protection products, with a strong focus on rural and semi-urban markets while building leadership in protection solutions for urban customers. The partnership combines Mahindra's wide distribution reach with Manulife's strengths in product innovation, underwriting, and agency-led distribution. Together, the partners are committed to establishing MMIL as a trusted, digital, technology-driven and AI-native insurer aligned with India's long-term growth and the vision of 'Insurance for All.'

Mahindra & Mahindra has appointed Purnima Lamba as the Chief Brand Officer, effective from 1 September 2026, who shall also form part of Senior Management of the Company.

Mahindra & Mahindra Ltd rose for a third straight session today. The stock is quoting at Rs 3248.7, up 1.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 24018.3. The Sensex is at 76839.15, down 0.23%. Mahindra & Mahindra Ltd has added around 8.05% in last one month. Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has added around 7.96% in last one month and is currently quoting at 26192.1, up 0.46% on the day. The volume in the stock stood at 42.99 lakh shares today, compared to the daily average of 31.13 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 3258.6, up 0.9% on the day. Mahindra & Mahindra Ltd is up 4.13% in last one year as compared to a 1.62% fall in NIFTY and a 13.84% fall in the Nifty Auto index.The PE of the stock is 24.62 based on TTM earnings ending March 26.Powered by Capital Market - Live

Mahindra & Mahindra Ltd rose 2.35% today to trade at Rs 3287. The BSE Auto index is up 1.5% to quote at 58588.85. The index is up 8.96 % over last one month. Among the other constituents of the index, Ashok Leyland Ltd increased 2.03% and Samvardhana Motherson International Ltd added 1.91% on the day. The BSE Auto index went up 15.1 % over last one year compared to the 3.89% fall in benchmark SENSEX. Mahindra & Mahindra Ltd has added 8.78% over last one month compared to 8.96% gain in BSE Auto index and 4.59% rise in the SENSEX. On the BSE, 55325 shares were traded in the counter so far compared with average daily volumes of 1.75 lakh shares in the past one month. The stock hit a record high of Rs 3840 on 05 Jan 2026. The stock hit a 52-week low of Rs 2896.3 on 16 Mar 2026.Powered by Capital Market - Live

In the Utility Vehicles segment, the company sold 56,331 vehicles in the domestic market, a growth of 8% and overall, 57,833 vehicles, including exports. The domestic sales for commercial vehicles stood at 23,427. 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.Powered by Capital Market - Live

Mahindra & Mahindra has completed the execution of a share purchase agreement for acquisition of an additional 28.03% stake in Carnot Technologies from certain promoters of Carnot. Post completion of the transaction, the company's holding in Carnot will increased to 80.72% of the paid-up equity share capital and collectively 89% in terms of voting rights. This increase in stake is in line with the Company's belief in the long-term potential of precision farming and telematics technology. Carnot would continue to be the subsidiary of the company.

Mahindra & Mahindra has appointed Suchi Suri as the Executive Vice President - Mahindra Experiences effective from 14 May 2026, who shall also form part of Senior Management Personnel of the Company.

Mahindra & Mahindra saw a 20x growth in the number of patents granted - from 56 patents granted since inception in FY16 to 1334 in FY26. Cumulative tally of applications filed by M&M stands at 2,728 as of March 2026, indicating M&M's drive for innovation and excellence. Of the 1334 granted patents, 60% of them pertain to Automotive Business and 40% to Farm Business. Conversion ratio of applications to patents stood at 8% in FY16 and has improved to 65%+ for the applications filed over the last decade. The growth in M&M's patent portfolio, reflects the company's growing R&D capabilities. This growing innovative heft has allowed the company to push the boundaries and create a technologically immersive experience for its customers. The patent portfolio also includes filings made by M&M subsidiary Mahindra Electric Automobile. In addition to the patents, the company has won several prestigious awards for excellence in innovation. In the last one year alone, M&M has won the CII IP Award for the Best Patent Portfolio, the CII Innovation Award for being one of India's Top 50 Innovative Companies 2025, the CII National Award for Industry-Academia Partnership, the Questel IP Excellence Award and recognition at the CMO Asia Awards 2025.