M&M To Transfer Trucks and Bus Biz to Subsidiary SML Mahindra for Rs 525 Cr
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SML Mahindra Ltd.
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Unlock signals — freeAbout SML Mahindra Ltd.
SML Mahindra Limited is a leading manufacturer and seller of commercial vehicles and related parts in India and internationally. The company's core business includes trucks and buses, with a focus on special application, cargo, and passenger vehicles. As of FY 2025, the company reported revenue of ₹2838 Cr and net income of ₹160 Cr. Recent developments indicate a strong start to FY 2026-27, with a 15% rise in April vehicle sales. SML Mahindra Limited operates as a subsidiary of Mahindra & Mahindra Limited, with the parent company holding a 92.45% stake. The company's competitive position is strengthened by its association with Mahindra & Mahindra, a well-established player in the Indian automotive market. The growth outlook for the company appears promising, driven by the increasing demand
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹2,197 Cr +276.80% | ₹2,399 Cr +9.20% | ₹2,838 Cr +18.30% |
| EBITDA Margin | 8.38% | 10.07% | 5.28% |
| Net Profit | ₹108.00 Cr +300.00% | ₹122.00 Cr +13.00% | ₹160.00 Cr +30.70% |
| EPS | ₹74.54 | ₹84.08 | ₹110.38 |
Annual figures in Indian Rupees (Crores). Source: BSE filings.
Recent News
SML Mahindra to acquire Mahindra Truck and Bus division in commercial vehicle consolidation
Mahindra & Mahindra shares slip on ₹525 crore truck & bus sale; SML Mahindra shares hit 20% upper circuit
Strategic Outlook
- Q4FY26 results: revenue ₹898 Cr, PAT ₹54 Cr, EPS ₹37.45, EBITDA margin 7.9%. Growth context: revenue YoY -30.1%, PAT YoY -66.9%, revenue QoQ +66.5%, PAT QoQ +207.9%.
No specific capex or expansion announcements have been filed recently; demand conversion and margin discipline on the co...
Forward consensus estimates for the next FY will be the key financial watchpoint as the current year plays out....
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Frequently Asked Questions
What AI signals does NiveshIQ provide for SML Mahindra Ltd.?
NiveshIQ detects active intelligence signals for SML Mahindra Ltd. (SMLMAH) — including earnings catalysts, relative strength patterns, sector sweeps, and pullback setups. It also shows an Expected Move (1D/1W/1M range based on news, fundamentals and technicals) and a Confidence Score based on historical directional and magnitude accuracy. These are exclusive to NiveshIQ.
What are the key financials for SML Mahindra Ltd.?
SML Mahindra Ltd. operates in the Capital Goods sector with a market capitalisation of ₹550,935.6L Cr. Revenue, net profit, EPS and EBITDA margins across the last three annual periods are shown above, sourced from BSE filings.
Does NiveshIQ provide investment advice?
No. NiveshIQ provides educational market intelligence and research context, not investment advice or buy/sell recommendations.