Sml Mahindra Ltd.
NSE: SMLMAH · Commercial Vehicles
Snapshot
Unlock Sml Mahindra Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
SML Mahindra Limited manufactures and sells a range of commercial vehicles, including trucks and buses, for cargo and passenger transport. The company operates as a subsidiary of Mahindra & Mahindra Limited and distributes its products through an extensive network of dealers.
Business Model
The company generates revenue through the manufacturing and sale of commercial vehicles and associated spare parts. It leverages a distribution-led model to reach customers across domestic and international markets.
- Incorporation Year:1983
Growth Outlook
Growth is expected to be driven by the integration into the Mahindra & Mahindra ecosystem, enhancing operational synergies and market reach. The company continues to focus on its core portfolio of special application, cargo, and passenger vehicles.
Key Risks
- Cyclical Demand. The commercial vehicle sector is highly sensitive to economic cycles, which can lead to significant volatility in sales volumes.
- Input Cost Volatility. Fluctuations in the prices of raw materials like steel and aluminium can adversely impact the company's operating margins.
- Regulatory Compliance. The automotive industry faces stringent and evolving emission and safety standards that require continuous capital expenditure.
- Integration Risk. As a subsidiary of Mahindra & Mahindra, the company faces risks associated with successful operational and strategic alignment within the parent group.
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Key Metrics
REVENUE
₹2,950 Cr
TTM · standalone
NET PROFIT
₹156 Cr
TTM · standalone
EPS
₹108.08
TTM · standalone
RETURN ON EQUITY
34.7%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
40.2%
TTM · standalone
P/E
58.3x
Q1 FY27 · standalone
EV/EBITDA
33.4x
Q1 FY27 · standalone
EBITDA MARGIN
9.5%
TTM · standalone
NET PROFIT MARGIN
6.6%
Q1 FY27 · standalone
DEBT TO EQUITY
0.5x
Q1 FY27 · standalone
Peers · Commercial Vehicles
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Sml Mahindra Ltd.SMLMAH | ₹9,115 Cr | 58.28 | 33.43 | 18.0% | 9.5% | 34.7% | 40.2% | — |
Tata Motors Ltd.TMCV | ₹1.69L Cr | 40.26 | 16.62 | — | 11.5% | 32.9% | 30.2% | — |
Ashok Leyland Ltd.ASHOKLEY | ₹99,268 Cr | 28.55 | 13.46 | 16.5% | 20.2% | 28.2% | 16.4% | +32.0% |
Atul AutoATULAUTO | ₹1,291 Cr | 27.35 | 15.00 | 20.2% | 10.6% | 10.6% | 13.8% | -8.6% |
As of Q1 FY27
Financials
Sml Mahindra Ltd.
NSE: SMLMAH · Commercial Vehicles
Snapshot
Unlock Sml Mahindra Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
SML Mahindra Limited manufactures and sells a range of commercial vehicles, including trucks and buses, for cargo and passenger transport. The company operates as a subsidiary of Mahindra & Mahindra Limited and distributes its products through an extensive network of dealers.
Business Model
The company generates revenue through the manufacturing and sale of commercial vehicles and associated spare parts. It leverages a distribution-led model to reach customers across domestic and international markets.
- Incorporation Year:1983
Growth Outlook
Growth is expected to be driven by the integration into the Mahindra & Mahindra ecosystem, enhancing operational synergies and market reach. The company continues to focus on its core portfolio of special application, cargo, and passenger vehicles.
Key Risks
- Cyclical Demand. The commercial vehicle sector is highly sensitive to economic cycles, which can lead to significant volatility in sales volumes.
- Input Cost Volatility. Fluctuations in the prices of raw materials like steel and aluminium can adversely impact the company's operating margins.
- Regulatory Compliance. The automotive industry faces stringent and evolving emission and safety standards that require continuous capital expenditure.
- Integration Risk. As a subsidiary of Mahindra & Mahindra, the company faces risks associated with successful operational and strategic alignment within the parent group.
Start your research today
Unlock AI insights, financials, peers and live data on Sml Mahindra Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹2,950 Cr
TTM · standalone
NET PROFIT
₹156 Cr
TTM · standalone
EPS
₹108.08
TTM · standalone
RETURN ON EQUITY
34.7%
TTM · standalone
RETURN ON CAPITAL EMPLOYED
40.2%
TTM · standalone
P/E
58.3x
Q1 FY27 · standalone
EV/EBITDA
33.4x
Q1 FY27 · standalone
EBITDA MARGIN
9.5%
TTM · standalone
NET PROFIT MARGIN
6.6%
Q1 FY27 · standalone
DEBT TO EQUITY
0.5x
Q1 FY27 · standalone
Peers · Commercial Vehicles
As of Q1 FY27