SML Mahindra Limited
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.
Price performance
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 confidenceAt a glance
Key highlights
- Profit compounding 100% a year
- Revenue compounding 37% a year
- Strong returns on equity (31%)
- Valuation is weak (0.0/10)
Growth
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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.
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