Mahindra and Mahindra Ltd

Mahindra & Mahindra Ltd gained for a third straight session today. The stock is quoting at Rs 3645.1, up 1.78% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0% on the day, quoting at 25598. The Sensex is at 83600.31, up 0.17%. Mahindra & Mahindra Ltd has gained around 4.36% in last one month. Meanwhile, Nifty Auto index of which Mahindra & Mahindra Ltd is a constituent, has gained around 0.85% in last one month and is currently quoting at 26610.05, up 0.35% on the day. The volume in the stock stood at 29.83 lakh shares today, compared to the daily average of 20.18 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 3656.4, up 1.63% on the day. Mahindra & Mahindra Ltd is up 26.07% in last one year as compared to a 5.78% gain in NIFTY and a 12.14% gain in the Nifty Auto index.The PE of the stock is 33.43 based on TTM earnings ending June 25.Powered by Capital Market - Live

Mahindra & Mahindra announced the sale its entire stake in RBL Bank for a consideration of Rs. 678 crore representing a 62.5% gain on the investment. In July 2023, the company had acquired 3.53% stake in RBL Bank as a treasury investment at a cost of Rs. 417 crore. Powered by Capital Market - Live

Net profit of Mahindra & Mahindra rose 15.85% to Rs 3673.32 crore in the quarter ended September 2025 as against Rs 3170.72 crore during the previous quarter ended September 2024. Sales rose 21.75% to Rs 45885.40 crore in the quarter ended September 2025 as against Rs 37689.04 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales45885.4037689.04 22 OPM %19.4618.93 - PBDT7726.826041.95 28 PBT6057.934739.96 28 NP3673.323170.72 16 Powered by Capital Market - Live

On a standalone basis, the company's net profit surged 17.7% to Rs 4,520.52 crore on 21.3% rise in revenue from operations to Rs 33,421.60 crore in Q2 FY26 over Q2 FY25, reflecting broad-based growth across Auto and Farm segments. Profit before tax was at Rs 6,069.45 crore in Q2 FY26, registering a growth of 23.1% from Rs 4,930.98 crore in Q2 FY25. EBITDA grew by 23% to Rs 6,467 crore in Q2 FY26, compared with Rs 5,270 crore recorded in the similar quarter last year. Total vehicle sales grew 13% to 2,61,703 units from 2,31,038 units in the corresponding quarter last year. The tractor segment delivered a strong performance, with sales rising 32% YoY to 1,22,936 units from 93,382 units in Q2 FY25. M&M continued to reinforce its market leadership across segments. In Q2 FY26, it held the top position in SUVs with a 27.7% market share (up 390 bps YoY) and in light commercial vehicles (3.5T) with a 53.2% share (up 100 bps). In the tractor business, M&M commanded a 43% market share (up 50 bps), while its electric three-wheeler segment led with a 42.3% market share. Mahindra Finance (MMFSL) reported a 45% rise in PAT with GS3 remaining below 4%, within the defined range. Tech Mahindra also posted an EBIT margin of 12.1%, improving by 250 bps, supported by continued focus on margin expansion. On a consolidated basis, the company's net profit gained 15.9% to Rs 3,673.32 crore on a 21.7% rise in revenue from operations to Rs 45,885.40 crore in Q2 FY26 over Q2 FY25. The automotive segment generated Rs 27,171 crore (up 24.9% YoY), and the Farm Equipment Sector (FES) contributed Rs 10,225 crore (up 24.8% YoY). Dr. Anish Shah, Group CEO & managing director, M&M, said, 'We are pleased with the strong execution and solid performance delivered across the group in Q2'F26. Auto and Farm sustained their leadership with consistent gains in market share and profitability. TechM is progressing well on its transformation journey. MMFSL achieved a 45% PAT growth and remains committed to quality growth and digital transformation. Our Growth Gems are steadily advancing towards their ambitious goals, reinforcing our long-term value creation potential.' Rajesh Jejurikar, executive director & CEO (Auto and Farm Sector), M&M, said, 'Strong performance of our Auto and Farm businesses continues in Q2'F26 reinforcing our leadership position, with a gain of 390 bps YoY in SUV revenue share, and 100 bps YoY in LCV ( 3.5T) market share. In Tractors, we gained 50 bps YoY to reach 43.0% market share. Our Auto Standalone PBIT margin (excl. eSUV Contract Mfg.) improved by 80 bps to 10.3% and core Tractor PBIT margins improved by 190 bps to 20.6%.' Amarjyoti Barua, group chief financial officer, M&M, said: 'Our solid Q2 consolidated results reflects the strength of our diversified portfolio. We continue to deliver on our strategic priorities. We had strong cash generation in the first half, delivering over 10k crores of operating cash flow. We remain committed to sustainable growth and value creation.' 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.Powered by Capital Market - Live

Mahindra & Mahindra announced that its overall sales including exports in the Trucks and Buses business (CV 3.5T) for the month of October 2025 stood at 2034 vehicles, a growth of 14%.  Mahindra's Trucks & Buses business comprises of Mahindra Trucks & Buses division (MTBD) and SML Mahindra Limited (SML). According to Vinod Sahay, Executive Chairman - SML, President - Aerospace, Defence, Trucks, Buses & CE, M&M, 'The CV industry marked a modest recovery in October supported by lower GST and festival season. In October, we achieved a 14% growth driven by growth in ILCV trucks and buses. The HCV segment continues to face headwinds, with persistent challenges impacting growth and demand.' Powered by Capital Market - Live

Mahindra & Mahindra's Farm Equipment Business (FEB) achieved total tractors sales of 73,660 units in October 2025 compared to 65,453 units in October 2024, recording a growth of 13%. Total tractors sales include domestic sales of 72,071 units (up 12% YoY) and exports of 1589 units (up 41% YoY). Commenting on the performance, Veejay Nakra, President - Farm Equipment Business, Mahindra & Mahindra said, 'We have sold 72,071 tractors in the domestic market during October, a growth of 12% over last year. For the festive period of September & October 2025 put together the growth is 27.4% over same period last year. A good monsoon, combined with the benefit of GST rate cut announced in September have supported the strong performance in September & October 2025. Going forward, factors like timely onset of Rabi sowing & good progress in Kharif harvesting augur well for tractor sales.Powered by Capital Market - Live

Mahindra & Mahindra reported total sales of 1,20,142 units in month of October 2025 compared to 95,658 units in October 2024, recording a growth of 26%. Total sales include passenger vehicle sales of 71,624 units (up 31% YoY) and commercial vehicle sales of 44,503 units (up 18% YoY). Exports rose 15% to 4,015 units while domestic sales jumped 26% to 1,16,127 units during the month. Powered by Capital Market - Live

The agreement was signed in New Delhi alongside the inauguration of Embraer's national office in Aerocity. It follows a memorandum of understanding signed in February 2024 at the Brazilian Embassy in New Delhi. The partnership aims to advance the C-390 Millennium for the Indian Air Force's Medium Transport Aircraft programme. Both companies will collaborate with India's aerospace ecosystem to explore local manufacturing, assembly, supply chain and maintenance opportunities. Mahindra and Embraer plan to position India as a regional hub for the C-390 Millennium, catering to domestic and international requirements. Embraer Defense & Security President and CEO Bosco da Costa Junior said the partnership reflects a shared commitment to the 'Atmanirbhar Bharat' initiative and deepens India-Brazil ties. Mahindra Group Executive Board member Vinod Sahay said the collaboration aligns with India's 'Make in India' vision and supports the country's defence self-reliance goals. The C-390 Millennium can carry up to 26 tonnes of payload and reach speeds of 470 knots. It can perform multiple missions, including cargo and troop transport, air-to-air refuelling, medical evacuation and humanitarian operations. The aircraft operates even on unpaved runways and has recorded a mission completion rate of over 99%. The C-390 is already in service with the air forces of Brazil, Portugal, Hungary, the Netherlands, Austria, South Korea, and several others. 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. M&M's standalone net profit surged 32% to Rs 3,449.84 crore in Q1 FY26 as against Rs 2,612.63 crore recorded in Q1 FY25. Revenue from operations increased 26.1% year on year (YoY) to Rs 34,083.23 crore in the quarter ended 30 June 2025. Powered by Capital Market - Live

Embraer Defense & Security and Mahindra Group, have signed a landmark Strategic Cooperation Agreement (SCA) to advance the C-390 Millennium solution for the Indian Air Force's Medium Transport Aircraft (MTA) programme. This agreement was inked alongside the inauguration of Embraer's national office in Aerocity, New Delhi. The agreement builds upon the Memorandum of Understanding signed in February 2024 at the Embassy of Brazil in New Delhi, deepening the scope of cooperation to include joint marketing, industrialisation and developing India as a hub for the C-390 Millennium. Since the signing, the C-390 Millennium aircraft has further increased its operator base globally. Embraer and Mahindra Group will work closely with stakeholders in the country and engage with India's military and aerospace ecosystem to identify opportunities for local manufacturing, assembly facilities, supply chain and MRO activities. The long-term ambition is to position India as a manufacturing and support hub for the C-390 Millennium aircraft, serving both domestic and regional requirements. This partnership unites Brazil's world-class aerospace innovation with India's manufacturing prowess and contributes to the strengthening of ties between the two nations while positioning India as a potential hub for the C-390 Millennium aircraft in the region. Powered by Capital Market - Live

Mahindra & Mahindra has received the credit rating of CRISIL A1+ to fund based facilities of Rs 900 crore from Axis Bank and proposed fund based bank limits of Rs 187.5 crore. Powered by Capital Market - Live