Mahindra & Mahindra

M_M · NSE · INR

₹2,860.00Change from previous close: −3.05%Absolute change: −₹90.00

Close · October 1, 2026

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Balance sheet · Annual
Item20262025202420232022
Total assets3,176,3462,775,8632,363,0072,058,9181,741,128
Current assets1,471,3961,265,733982,656913,254751,480
Cash and equivalents42,92249,23945,30134,93434,876
Short-term investments288,684197,577109,726121,249101,633
Receivables634,054557,358480,902427,621365,778
Inventory220,441203,309185,905168,550115,958
Net property, plant and equipment313,804294,874248,699215,740249,384
Goodwill25,34823,73924,48425,48913,404
Other intangible assets60,99952,49551,03632,21440,846
Long-term investments234,421197,067241,045230,185203,181
Current liabilities1,160,986903,220755,457705,794562,883
Accounts payable378,887308,553256,656238,357190,366
Long-term debt764,502838,973700,758555,587487,686
Total debt1,339,6321,249,4931,066,255922,469—
Total liabilities2,081,4361,884,8831,587,9141,388,0971,172,875
Total equity (incl. minority)1,094,910890,980775,093670,821568,253
Retained earnings878,060731,188625,797528,615436,333
Minority interest163,947120,591113,188107,16397,026