SML Mahindra Ltd

Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026. Total expenses rose 17.90% to Rs 827.63 crore in Q4 FY26 over Q4 FY25. During the quarter, the cost of materials consumed stood at Rs 624.22 crore (up 15.68% YoY), while employee benefits expense was at Rs 53.71 crore (up 1.99% YoY). Profit before tax (PBT) stood at Rs 72.60 crore in Q4 FY26, up 2.05% year-on-year (YoY). For the full financial year FY26, the company posted a strong performance, with net profit surging 31.29% YoY to Rs 159.75 crore. Total revenue for the year increased 18.29% to Rs 2,837.92 crore. Meanwhile, the company's board has recommended a final dividend of 235%, i.e., Rs 23.50 per equity share of face value Rs 10, for the financial year ending 31 March 2026. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The counter slipped 5.32% to Rs 4,094.75 on the BSE.

SML Mahindra announced that the 42th Annual General Meeting(AGM) of the company will be held on 21 July 2026.

Net profit of SML Mahindra rose 2.36% to Rs 54.20 crore in the quarter ended March 2026 as against Rs 52.95 crore during the previous quarter ended March 2025. Sales rose 16.45% to Rs 897.65 crore in the quarter ended March 2026 as against Rs 770.82 crore during the previous quarter ended March 2025. For the full year,net profit rose 31.30% to Rs 159.75 crore in the year ended March 2026 as against Rs 121.67 crore during the previous year ended March 2025. Sales rose 18.30% to Rs 2837.92 crore in the year ended March 2026 as against Rs 2398.99 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales897.65770.82 16 2837.922398.99 18 OPM %10.0711.66 -9.819.78 - PBDT85.9783.23 3 265.98210.73 26 PBT72.6071.14 2 213.95162.38 32 NP54.2052.95 2 159.75121.67 31 Powered by Capital Market - Live

SML Mahindra has fixed 03 July 2026 as record date for payment of dividend. The dividend, if declared, shall be paid after 21 July 2026.

Revenue from operations rose 16.39% YoY to Rs 897.65 crore in the quarter ended 31 March 2026. Total expenses rose 17.90% to Rs 827.63 crore in Q4 FY26 over Q4 FY25. During the quarter, the cost of materials consumed stood at Rs 624.22 crore (up 15.68% YoY), while employee benefits expense was at Rs 53.71 crore (up 1.99% YoY). Profit before tax (PBT) stood at Rs 72.60 crore in Q4 FY26, up 2.05% year-on-year (YoY). For the full financial year FY26, the company posted a strong performance, with net profit surging 31.29% YoY to Rs 159.75 crore. Total revenue for the year increased 18.29% to Rs 2,837.92 crore. Meanwhile, the company's board has recommended a final dividend of 235%, i.e., Rs 23.50 per equity share of face value Rs 10, for the financial year ended 31 March 2026. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The counter added 0.18% to Rs 4,324.90 on the Bse.

SML Mahindra announced that the Board of Directors of the Company at its meeting held on 20 April 2026, has recommended a Final Dividend of Rs.23.50 per share (i.e.235%), subject to the approval of the shareholders.

Production of commercial vehicles stood at 1,652 units in March 2026, registering the growth of 3.64% from 1,594 units produced in March 2025. However, exports declined sharply to 64 units in March 2026, down 65.59% from 186 units exported in March 2025. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company's standalone net profit surged 3209.43% to Rs 17.54 crore on a 62.53% jump in revenue from operations to Rs 539.27 crore in Q3 FY26 over Q2 FY26.

SML Mahindra reported total sales of 2,457 units in month of March 2026 compared to 2,315 units in March 2025, recording a growth of 6%. Total sales comprised of cargo vehicle sales of 606 units (up 2% YoY) and passenger vehicle sales of 1,851 units (up 8% YoY). For FY 2026, total sales stood at 16,632 units compared to 14,221 units for the corresponding period of previous year, recording a growth of 17%.

SML Mahindra will hold a meeting of the Board of Directors of the Company on 20 April 2026.Powered by Capital Market - Live

The company's cargo vehicle sales rose 2% to 606 units in March 2026 from 594 units in March 2025, while passenger vehicle sales rose 8% YoY to 1,851 units. For the period April to March 2026, the company's total sales aggregated to 16,632 units, registering a growth of 17% from 14,221 units sold in the same period a year ago. SML Mahindra (formerly known as SML Isuzu) is primarily engaged in the business of the manufacture and sale of commercial vehicles and their parts. The company's standalone net profit surged 3,209.43%, while revenue from operations increased 62.53% in Q3 FY26.