SML Mahindra (NSE:SMLMAH) October 2026 Sales: 1,065 Units, YTD Up 13%
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SML Mahindra Ltd.
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Unlock signals — freeAbout SML Mahindra Ltd.
SML Mahindra Limited, a subsidiary of Mahindra & Mahindra, designs and sells commercial vehicles such as trucks, buses, and special application vehicles across India and internationally. The company’s revenue for FY27 stood at ₹3,065 crore, driven primarily by fleet sales to transporters, government agencies, and educational institutions. Net income fell 44% YoY to ₹147 crore, reflecting higher cost of goods sold and a 43% drop in Q2 profit. Recent market activity shows the stock trading within a ₹4,471–₹4,942 range, with a 3.88% gain on October 29 amid broader auto sector rally. SML Mahindra’s competitive position is reinforced by its Mahindra backing, extensive dealer network, and diversified product portfolio, though it faces pricing pressure from domestic rivals. The company’s growth o
Financial Highlights
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹2,196 Cr +20.55% | ₹2,399 Cr +9.25% | ₹2,838 Cr +18.30% |
| EBITDA Margin | 8.15% | 9.78% | 9.81% |
| Net Profit | ₹107.88 Cr +444.02% | ₹121.67 Cr +12.78% | ₹159.75 Cr +31.30% |
| EPS | ₹74.54 | ₹84.08 | ₹110.39 |
Annual figures in Indian Rupees (Crores). Source: company filings (NSE).
Recent News
SML Mahindra Reports October Sales Of 1,065 Units And Plans Fund Raising Approval On November 6
Mahindra’s Trucks & Buses Business sells 2838 vehicles in October 2026, registering a growth of 40%
Strategic Outlook
- Q2FY27 results: revenue ₹670 Cr, PAT ₹12 Cr, EPS ₹8.09, EBITDA margin 4.3%. Growth context: revenue YoY +20.7%, PAT YoY -44.4%, revenue QoQ -30.1%, PAT QoQ -81.6%.
Volume growth, premiumisation, distribution reach, same‑store throughput and gross‑margin discipline are the primary for...
FY26 (last completed FY) revenue ₹2, 838 Cr, PAT ₹160 Cr, EBITDA margin 9.8%, EPS ₹110.39, YoY revenue +18.3% and PAT +3...
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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.
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