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SML Mahindra Limited

SMLMAH·NSE·
₹6,124.00▲ +92.50 (+1.53%)
Market Cap8861.57 Cr
PE Ratio55.48
Volume30,968
Day High - Low6205.00 - 6000.00
52W High-Low6898.50 - 2749.00

SML Mahindra Limited (SMLMAH): company summary

The company's business is improving, with annual revenue rising 18.3% and annual net profit growing 30.9%.

SML Mahindra Limited (SMLMAH) is a small-cap Capital Goods company valued at ₹8,862 crore operating in Commercial Vehicles on the NSE and BSE.

Recent price move
SML Mahindra Limited last traded at ₹6,124, modestly up 1.53% on the day.
Recent developments
On 2026-10-08, SML Mahindra reported a 32% rise in September sales despite a sharp fall in exports. On 2026-10-01, the stock fell 4% even as September sales jumped 18%. On 2026-09-11, the company expects margin recovery by Q4FY27 and plans to launch an electric bus. On 2026-08-08, July sales rose 10% YoY, with exports jumping 74%.
Financial performance
The company's business is improving, with annual revenue rising 18.3% and annual net profit growing 30.9%. However, the latest quarter showed a decline in net profit by -5.0% compared to the same quarter a year earlier, while revenue rose 13.2%. The net profit margin increased by 0.5 percentage points to 5.6%, and return on equity remained strong at 30.8%.
Valuation multiples
The stock trades at 55.5 times earnings, 17.50 times book value. It yields 0.4%.
Things to watch
The stock is 11.2% below its 52-week high. Net profit in the latest quarter fell -5.0% compared to the same quarter a year earlier. Foreign institutional holding increased by 2.41 percentage points, but domestic institutional holding rose only 0.32 percentage points.
Where it stands
SML Mahindra Limited's business is growing, with strong revenue and profit growth over the past year. The latest quarter saw a decline in net profit, but the company remains optimistic about margin recovery. The stock is currently 11.2% below its 52-week high, and promoter holding remains at 58.97%.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
5.9/10
Fair
Fair Value
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ROE
30.76%
Strong
P/E
55.48x
Expensive
Debt / Equity
0.56
Moderate
Industry
Capital Goods
Commercial Vehicles
Overall View
Mixed

Price performance

Day₹6000
₹6205
52W₹2749
₹6899
DocStoX take

Supported by growth (10.0) and momentum (7.5), but held back by valuation (0.0). Growth looks strong at 10.0, but that is offset by valuation at 0.0. We are calling it Mixed rather than resolving the conflict for you.

DocStoX score

Low confidence
5.9
/10
Fair
Quality
Solid
ROE 30.8%
Valuation
Expensive
P/E 55.5×
Growth
Strong
Revenue +36.9% 5Y CAGR
Risk
Moderate
D/E 0.56
Momentum
Strong
81% of 52-week range

At a glance

Market Cap
₹8,862 Cr
52W High / Low
₹6899 / ₹2749
Dividend Yield
0.37%
Promoter Holding
58.97%
EPS (TTM)
₹110.39
Book Value
₹358.66

Key highlights

  • Profit compounding 100% a year
  • Revenue compounding 37% a year
  • Strong returns on equity (31%)
  • Valuation is weak (0.0/10)
4 Positives1 Watchout

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

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SML Mahindra Limited peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.